REGISTERED COMPANY NUMBER: 11901%M (EDglAod AndWal¢s)
REGISTERED CHARITY NifMBER: 1187919
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
FOR
SKILLS FOR INDEPENDENCE AND EMPLOYABILITY LtMrrED

SKILLS FOR INDEPENDENCE AND EMPinYABILITY LIMITED
CONTENTS OF THE FINANCIAL sfATEMENTS
FDr The Year Ended JI July 2022
P8g¢
Report •f the Tnuteei
I to 8
Report Of the Independent Audhori
9 to 11
StstemeDt of FIDxnclAI Aetivltles
12
Bilinee Sheet
13
CAgh Flow StAternent
14
Notts to the FknantlAI StxtemeDts
15 to 27
Detsiied Statem•nt of FlnAD¢lal Aetlvltle
28 to 29

SKILLS FOR II¥DEPEP4DENCE AND EMPIA)YABILRTY LIMITED
REPORT OF THE TRUSTEES
For The Y¢ar Ended 31 July 2022
The tn￿te¢s. wbo Ar¢ also directors of the charity for the purposes of the Companie3 A¢t 2006. present tbeir report with the
fiJaDcial statements of the eh8rity for the Ye￿ l August 2021 to 31 July 2022. This rewrt 1$ also the diTe¢tors' report. Thc
trus*¢s htve adopted the provisions of Accountin8 and R¢porting by CharitiC5'. Statement of R¢¢ommended Practi¢¢
appli¢able to charities prcparing their accowjts in accordanee with the FinaThciAI Reporting Standgrd applicable in the UK
and Repllblic ofITeland (FRS 1021 l¢ffc¢tive l January 20191.
VISION, OBJECTIVES AND MALN ACTIVITtFS
#. Vlslon
OUT vision is to 8Lve young Adults with learning difficulties opporiunities io di$¢over ways of learning that engage them and
eTJabL¢ tbem to gair) n¢w ski115, knowl¢d8e and behiviours that develop them. and lead to thertl e&ch bein8 exceptionally
well pr¢p8red for their n¢xt step5 into adulthood artd & positivc. m¢8ninBfiLI and PTodu¢tsve lon8 term futur¢.
b. ObJecthTe8
To A¢t as & T4wurce for YOW￿ people betw¢en ases 18 And 25 with learning difficuliie$ dis&bilitie8 andlor special
edu¢aiional needs & disobililits living in the South East of England by providin8 advice alld assist￿¢¢ and orgAnising
proBraTllTne5 of physical. educ8li¢)nal and olh¢r a¢tivitie5 lls a m¢An$ of..
adv&n¢ing ift life and hclpittg young people by developing their skills, upacitie8 and ch￿bilItieS to ¢Dable them to
ptirticipale in society ￿ indepcnden¢ mature and responsible individu818'
bl advaDcin8 education,.
Telievin¥ unemployment; llnd
d) PToviding re¢reaiiot)al 2nd l¢isure lime llL¢iYity in the intcrests of so¢ial welfare f(pr people livin8 in the arell of b¢n¢fil
who have nccd by r¢ason of their youth. age, infmity or di¥obiliiy, poverty or social and c¢onomi¢ circum5turtces witJJ
view to improving thc ¢onditlODS of life of Buch person8.
e. Mlln Aedvltlei
Th¢ Charity traded durins the reportins period as "The Oaks SpeciRlist College" and operates &9 a 8peciali8t fvrther
education Coll¢g¢ for young &dult learners 88ed b¢twetrt 18 8nd 25 who h&v¢ learnin8 difficultt¢S andlor disabilities
ILLDD51.
d. Attlvltles for Achlewlng ObJe¢tlY¢J
Individllalised study progran￿eS bas¢d Around the Preparation for Adulthood (PfA) framework Bre tailored to respond to
the n¢ed$ of each of our young people to 5UPPOrt their Continued leami08, personal & skills development and to work
ttswards thc outcom¢s identified in th¢ir Education, Health athd Care PlaThs {EIICPsl. These illclud¢ providirtg high
aspiration cb8llenge underpit￿ed by appropriate, tar8etcd support at￿ intcrv¢ntiot)8 such as 8p¢¢ch and l¥ngua8e
therapy, o¢cupatiODal thetapy, physiothcr4py and be5￿k¢ theTWi¢S.
Leamers..
Follow ￿￿SonalISed timetables that include tb¢ four strands from th¢ PfA frarnework that focus on d¢velopin8 skills IA
Employmen( Indepe￿{ellt living $ki115, Friends, Relationships and Community. and Good Health
Participate in an effective c)r¢er$ Progr￿nMe that offer5 impartial advice. expeti¢nce and ¢ontaci with e]nployer5 to
encoura8e an open mind Ind enable l¢&rners io make positive and realistic ¢hoi¢es
Develop an under5tandirtg of whHt they need to do in order to re&¢h artd $llceeed in their ¢bosen vocatrot), w¢cr,
volunteering. COmm￿lty & living options
Page L

SKtLIS FOR INDEPENDENCE A14D EMPIA)YABILITY Li￿1[rED
REPORT OF THE TRUSTEES- eoNtlnued
For The YtAr Ended 31 July 2022
Engage in a broad ￿tOrial 8t￿ Personal. Social, H¢alth and Economi¢ {PSHE) programrne that promote3 ¢motional
wellbeing, keepiog $afe and healthy, sociAI medi4 relationsbips and alcohol and dNg5 awareness
Deyclop the understandin8 of the fiLndaTnental British value5 of democTaCyb individual liiwry, tlx¢ wl¢ of law and
mutual respect and toleraDcc
Develop an understanding of their own h¢alth and wellb¢ing needs and are ¢￿0￿raged to Te¢ognis¢ and respond
appropriatcly.
lrt addition the College provides:
A bupoke curriculuro that bas & lensory aPPToaeh used to en8ure that learnus with con]plex Deeds pro￿3$ ther
lÉfe skills and develop 8reater independence. Parwership and colloboraiion with athli SO¢iAI care is estoblished from
day one, to promote f<>Tward platLnin8 ensure subs¢qu¢nt effective transitson to appropri4t¢ life and livrn8
opportUTLitL¢3
A blended model for flve or six $li8hily old¢r l¢&rners-with a personali8ed offcr in the specifically fitted out area that
goes beyond'academic" &tLd vocational ¢ducation and 18pers ioword fijll trnnsfer for these young adults in¢0 social
care provisio￿Supported living
Fully ¢quippcd and workirtg c8fO and mirti Tesco - Providin8 in-house work experience and tranrferable learning
opportunitleg plus 80cial spac¢ (in¢luding ¢ornmunity usel
Digital learning and use of a8Sigtive technolo8y atsd 8pp$ to ¢nable learncrs to ¢ngag¢, l¢arn, adapi and function
effectively in real world settings of all kinds
e. Fundln¥
incip21 fijnds are received for ¢ftch learner, for each acAdemi¢ yetr th&t they *ttend College. Tht fimding comprise5 of
three elements from hvo different source$'.
Elemellt ott¢ beiti8 the b&% ¢lem¢nL r￿e1Ved from the ESFA. For th¢ f]naD¢ial p¢riod of this Tepoo EI¢D]Qnt I wo9
£6,145 per le8rn¢r, per a¢ad¢D)i¢ year.
Element hvo and three and patd by the local 8uthority COnhmis$iotting the le￿ier'S plo¢e at ColLegt. (Elemetti nvo 18
thtn re¢laimed from the ESFA by the lo¢￿ authority (LA)).
Elcments two and thrtt aro calculated illdividually by the ESFA Aod the LA using a range of metric$ Around the
individuil 1¢8rner's Deeds and the amount of time they Spend in Colle8e, plu$ the l¢v¢l of learning and therapeuti
support that Is need¢d by the individual. The iotal amount per learner ran8¢s from £12.0(Xl to £41,000 per academi¢
year.
f. Addltlonal Fllndril8108
FuDdraising activities ai tbe Coll¢8¢ o¢¢ur when our learners pr(Mlucc craft itcms for sale to the pub]ic. Any profits made
from the sate of these iiellts are put towards pU￿h&SIng equipment for the College, usually ¢knosen by our learners.
PaKe 2

SKtLiS FORINDEPENDENCE AND EMPLOYABILrrY LIMITED
REPORT OF THE TRUSTEES- eontlnutd
For The Year Ended 31 July 2022
RuCrU￿ GOVKRNANCE AND MANAGEMENT
g. Constitlltio
The charity is controlled by its governit)8 documcnL the wti¢les of asso¢i&tion, aftd con5tityt¢s & limited Comp0￿y, limited
by guarantee, as dcflned by the Companie5 Art 2006. It is also & TLOt-for-profil Org￿lS￿l0n and a Registered Clwity (No.
1187919). The charit&bl¢ Company WHS incorporated on 23 MaTGh 2019 And comm¢nced operaliotL5 on l M&y 2019.
As Df 1st September 2021 the operating llAme has b¢¢n changed to "The Oak5 Speei8li$t Colleg¢" (th¢ company had b¢en
lThding #s'Y)aklcy College"). The fom)&l ¢ompony name ATLd dssociated elcrn¢nts remain unchanged.
Th¢ prin¢ipal objects of the Charity are sd ouioll pa8e l of the Tn]stEe$' Report.
Th¢re have been no ¢han8e8 ITh the objectives sin¢¢ the IASt annual r¢port.
Methods of 4ppolDtmellt or tleetlon ofTrnst¢eJ
Tbe charitable conwony is the responsibility of thc Tnute¢8 wbo gr¢ elected under the ten115 of th¢ Arti¢le8 ofAssociE4ti0ll.
ThJ$te¢8 Are expected to 8¢rv¢ 3-year term8 that m&y be exteThded.
¢. Pollelej Adopt¢d for th¢ Imdu¢tlon and Tr*lnlm¥ of Tru•tse•
trLgtee5 are assi8ned a mentor from the existins Board io indu¢t them. The tThsiees have had regard to public benefit
guidance issued by the Cbarity CommissioDICCNI.
d. OrgAnts*tlon*l Structsre De¢lilon MAkinE
Responsibility for the Strategic man88emenl of the Chariry find key operational d¢¢isions ￿81$ with the Trustees wbo
encrally m¢et qugrterly. Doy to day managomeni of the Ch8rity, includLtt8 the implementation of poli¢y deterrnin¢d by the
Board of Trusl¢¢s 1$ carried out by 8tsff who are employed dirc¢tly by the Charity and provide services to the Ctwity,
ex¢rcisiDg authoriti¢s d¢lcgated by the Board of Trustees.
The College is led by & Chief Executive Officer aud Hedd of Colleg< Supported by a Coll¢g¢ Business Mallager.
Development MatLaBer and Project & Furtdr8ising Manager, plu5 tt site leom. The Chief Executive (Gordon Tillman) and
Head of Collegc (Ros Leach) report to and Jr¢ accountable to the Board of Tn￿tr¢s. Phase leaders are responsible for the
quality and developmertt of edu¢ation prnvision. ThEy I￿ort and are accoun¢&bl¢ to th¢ Head of Coll¢g¢.
e. Re¥ul*ton
Th¢ Collcgc 18 subjKt to Bupervi80ry body r¢8u]ation by the ESFA, th¢ Dep*rtm¢llt for Ed￿atio￿, Ofsted Aud the Charitics
Commission.
The College provision is ajw rnonitored forqualiry and cost effectivene￿ by the commissioning local Authorities.
Page 3

SKIL1￿ FOR INDEPENDENCE AND EMPU)YABILITY LIMITED
REPORT OF THE TRUSTEES- eontlnued
Por ThÈ YÈ2r Ended 31 July 2022
AcH￿vEMENTs AND PERFORMANCE
, Flnill¢lAI Perform*ttee
The Charity 18 Ln sound financial health and fully met its obli8ation5 for the rqN)rtin8 period. The Charitys reserves are
more than holfway ￿WardS the plan to achieve a 6 month opcrating ¢ost level. Cash flow Ternaintil posltiv¢ throughout the
pBriod.
b. Revl¢w of Charltable A¢tlvltles
Learn¢r Retentlon And Growth
The OaL4 SpecialLSt Colle8e had 96 l¢wn¢rs with hi8h Deeds durin8 th¢ reportin8 period wbicb consisted of 71 (of 731
rel&ined fmm the 2020121 ye4r and a net new 25 l¢arn¢r8. We expect this to in¢r¢as¢ again to aiKtrUt 112 FTE for th¢
Tq>Ortin8 y¢Jr 2022123.
SerYl¢e Provl•lo
As per the name. the charity is highly fo¢us¢d on skills for indep¢ndenc¢ and employability.
Embedding $kn'lls for iodepeDd¢Dce is A eore component of th¢ day-t041Ay ¢urriculutTJ. L¢arn¢r5 also beDefited durin8 the
ycar from a Duinber of away day$, trips aud off$it¢ r¢8id¢llti81 stay8 desiglled to embed thos¢ independ¢ts¢¢ skills.
OUT pro8ram "Into Employmeni" is thlly embedded into the curriculum acros5 th¢ ¢olleg¢. Trustces wcr¢ plcased to see
during thc reporting period of th¢ pia¢ement of 9.4Yo of1¢8rners into fiLlly paid employment _ 37Q/o higher than the 5.90h
DRlionally of young peopl¢ with special educational needs. A turttler 62Y• of learners benefited from work pl8cernents.
Employmtllt •nd work pl&cemettt outcomes benefited from innovotive pro8fAm8 Such 88 the R¢Yers¢ Jobs Fair wbett a
D4unber of lo¢al alld nwional compwJie5 cwne to the colle8e to meet and eDga8e with learner8.
The ch￿lty is succeedin8 in improvin8 Outcome$ for our learners and ¢xceedin8 national averages.
FA¢llldes
The O&ks Speei&list College remains at the site on Ca8e Green Road- o refittbished, 6paciou$, aDd r¢purpos¢d premises atul
8roun¢ts.
TNs¢ec5 hav¢ agrccd that the practical limit of the premises is about 95 full time equivalent leam¢rs plus stsff. Givert that
Somc I￿rnerS attend collcge for two or three days per we¢k, this allows a wal¢T number of learners to Ittend and benefit
when allocated days over titne.
Trustecs were plcascd to see tbe openin8 &s plantt¢d in Nov 2021 of a new Modul￿ building (The Hive) next to the existiti
buildiDg. The Hiye provides accommodation for supported livin8 for youn8 adult LLDDB, And ¢nhan¢ed meeting space for
job ftiiTS.
There remains an open 'Change of use. plAnnitt8 appliratton of th¢ 0rt-51t¢ rafr 80 it C#D bc tsscd by commLmity groups athd
the public. All initial assessment was comple(¢d, and modificAtions ar¢ in progress.
CO￿ 19
Appropriak precautions remained in pla¢e during the reporting period and a dyn8mi¢ Covid risk a55C85m¢nt has been in
place since the outset- for the or8anLsation and for especially vulnerable learners.
Pw4

SKtLLS FOR INDEPENDENCE AND EMPLOYABJLITY LIMfTED
REPORT OF THE TRIJSTEES- tontlllued
ForThe Year Ended 31 July 2(122
Th¢ ttNstees a8ain thank the nMDagcn]eni and staff for their ¢fforts to eDsUte the safety of au learner5 and in tontinuing to
provid¢ & high leY¢l of service both in person and virttjally - ensuring th¢ Charity met the needs find expectatlOU5 of our
young people and their families.
FINANCIAL REVIEW
.Coln% Concern
After making appropri&te ¢rtquiri¢s, the Th￿tee$ have a reagonable expectrtion that the charitable company Ad¢qua
Tesources to conlirtue in operational exislcnce for the foresecable fvwre. For rhi¥ reuon. they ¢ontinu¢ io adopt the 80sn8
coD¢ern basis in preparin8 the flnancial 8tatem¢nt8.
b. Reserwts Polley
11 is th¢ policy of the Charity to Tllaint8iti It5 ftee rcsetyes at A level to enthbl¢ it to be 8thninislered efflciently, med its
$hort-tErnL expendiDwe requ2rements. and hav¢ 8dequ8te resource5 to ils charitable aclivitics. The Trustees want to
ensure the ¢h2rity is able lo complete & full academic year for all learners, without lo&% of st84ff, ￿dent opportunities thnd
qU81ity of work, and to allow for $uffici¢nt time to find A new fi]nding Model if required. so that all student5 who wish io
Jtay Al th¢ Colle8e con do so. As such it will r¢s¢rv¢ Hn absolulc minimum level of unrestri¢ted fvrtd$ $ul'ficient to sustai
th ¢barity without any income for A 3.mollth p¢riod, and will 8eek to I￿[¢85¢ thi$ to ht least 6 months op¢ratinB costs.
UnTestri¢ted fithds held 08 fixed 0$6ets are not in¢lud¢d 88 beins free to med aoy short-tenn need.
Free res¢rves at the el￿ of the reportin8 period were £252,132. P¢r the reserves policy above the initial 3 months Oper￿ing
¢951s torgr¢ i5 £451,323 (as per total expenditure Ln the reportitig period b¢low). The ehArity corttinu￿ to build on those
res￿¢$ over time to achieve the tes¢tVe8 policy target.
Ai the y￿r ertd, the ebarity beld total fr￿d5 of £1,794,586 {2021'. £1,374.770) of which unrcstricted géneral fjJnd¥ were
£1,685,61712022., £1,229,724) and Tcstri¢i¢d fvnds were £108,96912020'. £145,040).
. FIDAncIAI Summary
lft the ycor ¢nded 31 July 2022 the ChArity reported total income as £2,435,003 YJ £1,964,243 ID the previous fLnancit41 year.
Total expenditure was £2,015,187 vs £1.431,801 in the previous fmancial year. Of lh¢ lot81 $p¢nd, ¢xpellditure on ch&ritable
Activities was £1,968,808. Jncreases in incotnr aligth to fundin8 from Ihc in¢rw¢ in learners. Increayes in ￿PEnditUre ali
to the new fa¢ilitie$ and expanded teaching support staff to scrvi¢¢ th¢ in¢re8se in le￿ners.
d. stslf Remunerltlon
Salaries ate set by ref¢ren¢in8 pay-scale5 agAin8t our industy'5 current set of ￿lary benchrn&TkiDg dath - ¢n6Will8 tbey
rrrnain competitive to help with staff reteJ]tion, whilst being mindfvl of the charity's ctbos, aims and obj¢¢tiv¢s.
d. Rlik M•nagement
The charity trust¢¢s have wven con5ideratioll to the major risks to which the Charity is ¢xpo¥ed and sAtisfi¢d th¢m$¢lves that
sYs*ll￿ orprocedures are e5tablish¢d in order to mana8Q tbose risks.
Key risks ar¢as include..
GovemAllce risks which are by Trustee recTUittn¢nt procedures and trdining. di￿105￿re of conflicts of int¢r¢st:
oppointsnent of suitably q￿lIfied staff. regular tNslcc board meetings.. specific responsibility Sreas for TNstees on
S&f¢8uarding. Fin￿¢t, and IT; aDd appointment aThd oversigbt of a qualified manag¢m¢nt tetm and or8anisation&l suwdure.
Pag¢ 5

SKILLS FOR INDEPENDENCE AND EMPLOYABI￿ LIMrrED
EPORT OF THE TRUSTEES - contlDued
For The YeAr Ended 31 July 2022
Operational risk5 which are rnallaged by as8Lgned safeguarding leads and safeguarding ove18Lght. document¢d int¢rnal
licie5. proces9e$ and pro¢edur¢s,' apprtspriatc business management and Contract review5. re5ili¢nt IT systems aud dat
5tora8e' rOb￿$t HR planning, hirin8 procedures and professional development. appropriaie insurance coverage of ass¢l$.
FiDan¢ial risks whicb ar¢ tnanwd by maintainit)8 appropiiAte cash re8¢rves,' regular refftg and ttview of
plllnning and perfonnllnce" snd external audits.
External risks which are m8nA8ed by monitoritl8 of demo8rwhi¢ ¢han8es. Size of PC>tential learner8 and demand for
placemeJ]t8,' moThitorin8 of government policy chan8es and funding mod¢ls,' and ¢los¢ ¢ng8g¢rnenl and comtnunication with
community parthcTS and stakeholders.
Complia￿¢ risks whieh ore minaKed by reBular Teview of Depart￿1 of Education, Ofst¢d and other Tequirern¢nts"
pknniD8 for compliance inspection.. and rtlsuring &c¢ts8 to hppropriale professional advice.
PLANS FOR virruRE PERIODS
Of our 4 k¢y 3trat¢gic objectivea from 2020 throu8h 2024 we hav¢ mad¢ SiVLifi¢ant pro8re8s towardj the desi￿ ond build
accomtDodation for supported living for young Adult LLDD& and ID creating a digital learnuJ8 platform specifically
d¢si8urd lo IK A¢ce58ed alld used by 19-25 LLDD8.
The plan will continue to build on these su¢ccss¢s attd our Stratf8y thus remaiTh8 to..
Build on our Microsoft Showcase succe$5es. We aim to create digital learning opportunitie5 and apps tILat are
acc¢￿1￿1¢ to 19-25 LLDD8 to promote QB¢4ppropriate ace¢$$ible learning in bllgli5b and Moths. This will incrcase
employ8bilLty •nd reduce ibose not ill employm¢nt, edu¢&tiott offijrther traitting (NEET} wben tbey leave College.
Actively seek ways forw￿ to design and build "move-on" ac¢otnm¢)d4tsoD within the grounds of The Oak8 ODd to
meei thc clear dcmand that there is for thi5. This will cnable mort youn8 adults with learnin8 difficultiC5 to makc the
trAn8ition io livin8 8$ independently &8 possible within their local commuttity.
Develop Outreach services to sh8re our expertise and knowl¢d8e to support learners And stiff in general Further
Educatiorh settings.
Replicate our modcl of provision clsewh¢r¢ in the Southeast re8ion -to meet the needs of a 8reater number of 19-25
LLDDS.
P4g¢ 6

SKtLLS FOR INDEPEP4DENCE AND EMPLOYABILITY LIMITED
REPORT OF THE TRUSTEES- ¢onthiued
ForTht Year EDded 31 July 2022
REFERENCE AND ADMLNISTrATIVE DETAILS
Rrylstered Company number
11901504 (England and W&les}
Reglstered Charity
1187919
Reglstered offlre
Oakley Colle8e
Cage Greert Road
ToDbridg¢
Kcnt
TNIO 4PT
Trustee
Sitllou Harris
OlenD Dou8la8
George Richllrd Goss {r¢8isn¢d 8 Decemb¢r 2021)
Robert Marsh
David Martin
Richard Pone
Juli¢ Sion¢s
DaJJi¢l Broad
D•vid Carter
Dlrecto
Simon Harris
alenn Douglas
Georg¢ Richard Goss (regi￿ed 8 D￿ernber 20211
Robert Marsh
David Martill
Richard Pone
Julie Ston¢B
Daniel Broad
John Spavin5
Davidc
Audltors
Hilden Park Account8Dts Limit¢d
Chlrtered A¢countants & Statutory Auditors
Hilden Pxrk House
79 Tonbridge Road
Hildeuborou8h
Ken¢
TNII 9BH
P&g¢ 7

SKILIS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED
REPORT OF THE TRUSTEES- eonthlued
For The Ytar Ended 31 July 2022
STATEMENT OF TRUSTEES, RESPONStBILITIES
The tnL%te¢s (who are also the dire¢torn of Skills for Ind¢p¢nd¢n¢e and Employabiliry Limited for the pury)ose8 of company
law) are Tesponsible for preparitlg the Report of the Tnjstees and the f￿￿￿¢18[ statem¢nt5 Ln uccorda￿¢¢ with applicable law
Ind United Kingdom Accowilityg S¢andttrd5 (Ullited Kingdom Gcncraily A¢¢¢pted A¢cowitirtg Practictl.
Company regiiires the trustees to prepare f￿8￿¢1￿ Statements for each financial ye8r wbictl give A kne And fair view of
the stst¢ of hffairs of th¢ ¢h8ritobl¢ compAny and ol the in¢ikmiug resour¢eg and application of resourc¢s, it)clwling Ihe
income and expenditure. af th¢ charitsble company for tha¢ year. In pr¢paTins tho% financial Statcmcnls. th¢ iNstees tre
required io..
select Suitable accourLtin8 policieB and then apply them ￿￿513*ntIy.
observe the methods and principles in th¢ Charity SORP..
make judgements arld estimates that are r¢a80nible Artd prudetti.
prepare the flnancial 5tatemenis on the goin8 WD¢ern b￿1$ unl¢$8 il iB inappropriate to presume that the cb8ritabl¢
company will continu¢ in busincss.
The Itustees are responsible for keepin8 proper accountin8 r¢cords which dtsclose with reasonable accuracy at any tim¢ the
fJnanci81 po$ition of the iharitoble Gompany and to cnable thcm to cnsurc ihot the fmothcial 5totcm¢nts Comply with the
Comp8Die3 Act 2006. They are also responsible for safeguarding th¢ )58et8 of tb¢ charitsble ¢ompAlly and b¢n¢¢ for t4king
r¢aBotL&ble 5tep5 for the prevention and detection of fraud 2nd oth¢r irre8ularitie3.
In Bo far &8 the tru8tee8 ore aware..
there 1$ no relevant audil infornvhtion of which the charithble cOMp￿Y'S auditors are unaware,. and
tb¢ tnjstoes have taken 811 slep$ tbat th¢y ought ￿ have laken to mak¢ thems¢lve$ aware of any rel¢vant &udi¢
information and to e$t8bli$h that the auditors are aware of that infonnation.
AUDITOILS
The &uditOTS. Hilden PArk Ac¢ountints Limited, will be proposed for re-appointment al the forthcomin8 Annual General
Meeting.
Tbis report ha5 been pryaTed in aKordan¢e with th¢ provisioDS )ppIi¢8bl¢ to StDall ¢OD]paDi¢s subj¢¢t to tbe SD￿11
compdrtie8' regime in P&rt 15 of tbe Companies Act 2￿6.
R¢port of the trustses approved by order of th¢ board of tN6t¢¢s, as the Company diT¢Ctor4 on
and Jigrted on the board's behaifby:
%&lo¥2.0S.......
Harri$
Page 8

IM)EPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF
SKILtS FOR INDEPENDENCE AND EMPLOYABILITY LIM￿ED
OplThlon
We have audited the financial st8¢¢ments of Skills for IndependeDce 2nd Employability Limited IttL¢ 'tharitable comparty,)
for lh¢ yur ended 31 July 2022 which COTnpris¢ the SlalemeDI of Financial Activitie8, the Balancc Sheet. the Cash Flow
Statetnenl alld notes to thc fjnancial $tOt¢nwnls. including 8 summary of $igDificant accouniillg policics. The flnancial
reporting framcwork that has been applied in ther preparation 15 appli¢able18W HTJd UJ]ited Kingdom A¢¢ountin8 Stalld&rds
(United KingdoTn G¢nera]ly Acceptrd A¢¢ounting Practic¢l.
In our opinion the financial statements..
8ive & trne and fair view of the slate of th¢ ¢hwit2ble company's affairs as 8t 31 July 2022 and of its in¢oming resources
and applicatioo of resources. including its income and cxpeDdiDJre, for the yw then etldcd:
have been prop¢rly pr¢pared ill accoTdan¢e with United K￿gdOM Generally Accepted Accouttting Practice. and
have been prepired in a¢wrd8nct the r¢quiremenlS of the Companies Act 2006.
Baslg for oplnlo
Wc conduclgd our audit in accordance with tnt¢rDational Stand&rd8 on Auditillg IUKI {ISAs (UKI) applicabk law. Our
responBibilitics und¢r those standllrdg are fijrther described in the Auditor5, r¢sponsibilitics for the audit of the financiAI
ststements 8ection of our Teport. We independent of the charitable cou)pany in accordathce with the ethical
requirements tha¢ are relevant io our audit of the financial st8tem¢nts in the UK, includin8 th¢ FRC'S Ethic81 Standard. and
we hav¢ fuifJll¢d our other ¢thi¢al ruponsibiliti¢y in 8CCOTdance with th¢$e requircrnents. We bclieve thot the Audit
¢wdence we have obiained i8 sufficient thd oppropriate to PTovid¢ a basis for our ¢)pi¢)ion.
C•neluiloni rel%tln% to #olng eoD¢ern
In auditing the fJnanGIAI stat¢mcnls. we have concluded that the trust¢¢6' uge of thc goin8 ¢on¢ern b￿1$ of ac¢ouDtID8 in the
preparatioD of the finaD¢LoI statetncnls is 8ppropriate.
Based OD the work we have performcd, we have not idcntifled any material uneertaiJties rel8ting io event$ or conditloni
thai, individU￿lY or collectively. may cost signifjcant doubl ots the charitsble ¢omp8ny's ability to Continue os a going
cottcem for 4 period of at least 12 months from when the financial siatements ue authorised for i33u¢.
Our respLill5ibilities and the responsibilities of the I￿lIe£S with ropect to going ¢on¢¢rn are deg¢rib¢d in the relcvant
sections of this report.
Other Inforrn*tion
The other irtformation compri8e8 ihe inforniation included in the 8tULu*I report, including the tTUSte¢$' report. othtr than th¢
financial statements and our #uditor's report Iher¢on. The tswslees are T¢spon$iblc for the other inforniation eonlained within
the repon. Our opillioD OD the f￿ancIal stat¢men15 docs ntsi cover tbe other infom]8tion ￿d. except to the extent
oth¢tivise explicitly stAted in our report, we do not express forni of &SBufAn¢e conclusion thereon.
OUT r¢spoThsibility is w r¢4d th¢ other information 8nd, in doing so, Consider whether the oth¢r information is materially
itsconsistent with Ihe financial stalcmer)ts or our knowlcdgc obtained in the course of ihe audit. or o¢h¥rwise appear5 ￿ be
materially misststcd. If we identify such material inconsistencies or apparent mat¢Tial mi55tatements, w¢ are required to
detenlline whether this gives rise to A material misslatc￿¢￿t in the financial Ststsm¢nts them5cl¥¢s. If. bosed on thc work we
have perform¢¢L w¢ conclude thAt th¢r¢ a material mis5tatetnent of this otb¢r llLformation. we required to report that
facL
We have nothin8 to report in thi$ regard.
Oplnlons on other matter5 prescrlbed by the Complnlei Act 2tN)6
In out opinion. I￿Sed on the work l￿dertak¢Th in the course of the audit..
the infotrnAtion given in the Itusttts. r¢port, which include5 th¢ director5, fcpDrt prrpared for the purposes of company
law. for the flllanci￿ for whi¢h the fmancial statements arc prepared is Consistent with the financial statements. and
the director5, report included within the trustses. report has been prepared iti ac¢ordan¢e with applieable legal
T¢quirements.
Page 9

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF
SKILLS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED- ¢offjtlnMed
Matters on whlch we 8re requlred to report by exception
ID ihe light of th¢ knowledge and vnderst8ndiThg of the cotnpany and it5 cnvlrot￿Knt obtained in the course oftht audit, w¢
have not Identifi￿ Tnat¢riHI Tni55ta*m¢nts in th¢ diT¢ftor5' T¢POrt included withln thc tru8teC8' report.
We bav¢ tsothing to report in respc¢t of thc following inatters ID relation to which the Conpallic5 Act 2006 rcquires us to
report to you if. in our opinion..
adequate and proper accounting records haye TLOt been kept, or returns adequate for our audit have not been r¢¢eived
from 6rart¢hts not vi$it¢d by us; or
the financi81 stslements &T¢ not in agreement with the accounting r¢¢ord$ And returns. or
certain di5cIosure5 of tr￿tees, remuneration speeified by law are Dot made.. or
we have not received 811 the infornwtiDn at)d ¢xplanations w¢ require for OUT audtt
Re￿0￿¥1b51ltlQ8 of trust
AS explained more fijlly in tke Statement of Trnsiees, Responsibililits, the INst¢es {who are 1150 the diTe¢¢ors of the
charitable company for the purpose5 of company lawl are resrA)nBible for the pr¢paration of ihe fuwicial slai¢ments and for
being satisfied ihAt thcy give a and fair view, and for such internal ¢ontrol as th¢ mJ$l¢es d¢lem)in¢ is n¢ttssary to
enable the preparstton of fJnan¢ial ststements that 8r¢ fr¢¢ from m8ierio1 mis8tateJnent, whether due to fraud or error.
In preparing the fman¢ial stAiements, the trustee$ are responsible for assessing the charitablc company's ability to continue
as a going concern, disclosin8, ￿ Bpplicable, matter8 related to 80in8 concern ond using the goirtg ¢ottcern basi5 of
accounting unless the trustees either intend to liquidate the Charitable company or to ¢¢ase op¢ration$, or hthve no reali81ic
alkrnaliv¢ but to do sa.
Audltor's r¢6ponslblllties for the Audlt of the Ilnamclil st*temettt8
Our objectives are to obiiitt reasonoble assur4ttce about whdher the fittancial st&tement8 aB a whole are free from material
misstitemcnt. whether due to fraud or error, and to issue an auditor'8 report that in¢lud¢$ OUT opinion. Reasonablc 855urance
i¥ a high level of assurance. but is not i gullrantee that In audit conducted in aecordante wi¢h ISAS {UK) will alw&ys detect
a material misslatemenl when ii existy. Miyslaiements Can arise from fraud OT error and are considered material if,
individually or in the a88re8atc, thoy could reasonably be expe¢t¢d lo intlu¢n¢e the ¢conomic d¢ci5ions of users lakett oll
tb¢ bnsis of tbese finartcial stateznetlts.
IrTe8uIHritLe8, LThcludin8 fraud, w¢ in51an¢¢8 of non.¢omplian¢¢ with l&w¥ and regulltiotts. We design procedurcs in litle
with our re8pon8ibilities. ouilintd above. ¢0 detect mAterial rni5slalcments in respect of irr¢Bulariti¢s, in¢luding fraud. The
extent lo which our pro¢edy￿S ¢&p4bl¢ of dete¢ting ittegul4ritie3, includinB fraud is detailed below..
rncome ID the year is mainly in the foThn of fiJndin8 ba$¢d on Set criteria. Thr audit wDrk perfomied included ¢trLe
v¢rifi¢ation of all matcrial income to original &grcemcnts 85 wcll ￿ an a5se5sment of the ¢harity'$ ¢ntitl¢meot'
Bank transactions in the yeAr were of a ¢onsis¢etht nawre, relatitlg 10 gAnt income, supplier payments Bnd salaries. All
InAlerial movemen15 were looked al individually ￿ help 8ain assurance that material inst￿¢t$ of fraud would hay¢
b¢¢n identificd;
Du¢ to the simple nature of operations, the ri5k5 of irregulllrities land risk of unid¢ntified irr¢guloritiesl is low.
The laws and regll12tions appliLable for this etttity bxve been id¢tstified and Co￿ldered when carryiDg out the gudit..
The competency and ¢apabtliti¢s of th¢ audit t¢am id¢tttifyu)g or rero8ni5ing non-compliaDce with laws aDd regulations
have been roDsidered.
Consider8tLOn was 8Lven as to whether there were areas of the financial ststement$ psrti¢ularly yus¢eptible to fraud.
Minules of meetings of thos¢ charged with gov¢rn8n¢¢ hAv¢ been rcvicw¢d and nothing was noted that would Éndic*te
material misslatcmenls due to fraud.,
The risk of management ov¢md¢ of ¢ontrol8 has b¢¢n ¢onsid¢r¢d and the audit Work in rclation to this includ¢d the
review tsf mat¢rial accounting journa18 ar￿ other Adju%tments to 885ess that they were 8ppropriate olld in lin¢ with the
Dorn￿l of the eh&rity's activitie5.
Page 10

JNDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF
KILLS FOR INDEPENDENCE AND EMPLOYABILITY LImITED-￿￿tIlllled
Tr¢cau5e of the itlherent lirttit2tions of an audiL therc i5 a risk that we will not detect all irregularities, including those
fr8ding to a material mi&8tatement in the financial statements or non-complianr¢ with r¢8ulation. This risk increa$e5 tILe
JThore that Compliance with a law OT regulatiott 1$ removed from the events ond trawactions reflect¢d in the finaTJGi81
3&t¢ments, as Wt will be less likely to become aware of instances of non-cornpliancc. The risk is also greater regording
irre8ularitics occllrrill8 due to fraud Tather than error, as fraud involves Intentional ¢on¢e)]ment. forgrry* ¢oIIusLOll,
)ission ormi5rcpresenthtion.
A further descTrption of our re5pon$ibiliti¢$ for the audit of the financiat statemen¢S 1$ located on the Financial Reporting
¢ouncil's website at www.frc.org.ukl8uditorsr¢sponsibilities. This d¢5cription foTm$ part of Huditor's report.
iJse of our report
1his rcport is madc 501cly to th¢ charitable company'i TrThAbers, ￿ a body, in ￿COrdan¢¢ with Chaptrr 3 of Part 16 of the
CompBnir5 Aei 20D6. ￿r audit work ha5 beert und¢rtak¢n 80 that we mi8ht state to the charityble company'5 members
those matter8 we are required lo state to them in An audilor'5 report and for no other PU￿se. To tht fulle51 extent permitted
by law, we do not acccpt or Jssum¢ r¢sponsibility to anyotse otkner the cbaritable company and the cbaTitsble
¢ompany'5 mem￿r3 ￿ 8 body, for ouroudit work. for thi5 report or for the opinions we have fo￿¢d.
Faul R. Chewter {Senior Stathtory Auditor)
for and on behalf of Hilden Park Accountanis Limited
Ch8rt¢red A¢¢ountants & Statutory Audiiof8
Ilildcn P&Tk House
79 ToTLbridge Road
Hildenborough
Kent
1NII 9BH
Date..
Iyote:
Th¢ maini¢nan¢¢ ond int¢8rity of the company's web$ite is the responBibility of the tru5tec5,' the work ¢aTried out by the
8udilOts do¢s not involv¢ ¢onsidcration of thes¢ matters and, a¢¢ordin8ly, the lluditors accept responsibility for
ctrb&ng¢8 that May have occurred to the fillancial statements siRce they were itiitially pres¢Dted OD the website.
Pag¢ 11

SKJLLS FORINDEPEP4DENCE AND EMPIA)YABILITY LIMIThD
STATEMENT OF FINAP4CIAL ACTtVlTtLS (INCLUDING INCOME AND EXPENDITVRE ACCOUNT)
ForThe Year EDded 31 July 2022
UDr¢strleted
3I107n2
Restrlcted Funds
31107122
31107121
Total Funds
31107A2
31107121
Note
31107121
Intom¢ from:
Donations. fiLttdinB and
2,26&727
1.132
.887,773
1,793
2.271
1891837
151A90
72,406
2.420,217
1.132
1.960,179
1,793
Other tradin8 activitie5
Inve$tmen¢s
TotAI In¢omln¢ refour¢es
003
Expeadlture on:
Charitable activiti
Finon¢e cbar8¢8
Totil expeDdlture
1,829J55
1.350,360
139,453
59,568
I,9￿808
46J79
2 015187
1.409.928
21,873
1431801
1875,734
1372 233
139 453
Net
ncomel(exptndlturt)
407,779
$19,604
12,037
12,838
419,816
532,442
Transfer5 be￿¢en funds
114
45.474
(48,114) (45,474)
Net movement in fylld$
43S893
565.078
(36,077)
{32.636)
419,816
532.442
Reconcilia¢ion of fimds..
Tota] fimd$ brougbi
forw&rd
1,229,724
664.646
14S,046
177,682
lJ74,770
842,328
Totgl fundi tArrl•d forward
1685 617
1229 724
1794 586
1374 770
The notes forni part of these fthaneial $&tements
Pag¢ 12

8KtLLS FOR INDEPEf4DENCE A24D EMPIA)YABILITY LIMITED. REGISTERED NUMBER 11901504
BALANCE SHEET
Por The Year Ended 31 July 2f122
Unrutricled Fund5
31107122
31107121
Restrlcted Funds
Total Funds
31107ll2 31107121 31107122
31107121
Nots
F￿ED ASSETS
TBngible g$¥cts
1.433.485
628.097
1,433,485
628,097
CURREf4T ASSETS
tkbtors
Cash at ballk in hand
12
31,918
3,750
759.640 108 969
763.390 108,969
31,918
145 046 1072 617
145.046 1,104J35
3,750
904.686
908,436
995,566
CREDITORS
knoun15 fa]ling du¢ within on¢
ye4r
NET CURRENT ASSETS
IJ
392.774
602,792
126 9001
636,490 108,969
392 774
711,76)
126.900
781,536
145.046
TOTAL ASSETS LESS
CURRENT LIABILITIES
2,036J77 1,264,587 108,969
145,046 2,145246 1,409,633
CREDITORS
Amuunis falling due after more
otle ytar
14
1350.660) (34,863)
(350W)
(34,863)
NET ASSETS
1685 617 1229.724 108 969
145 046 1794
86 1374 770
FUNDS
Unrestricted bJDd8
RegtTi¢t¢d fijnds
TOTAL FUNDS
17
1,685,617 1,229,724
1.685,617 1.229,724
1011969
145 046 1794 $86 1374 770
108 969
1229 724 108 909
1685 617
The trustees acknowledge their responsibilities for
(a)
c￿llrI￿g that th¢ charitable company keeps accouD¢iDg records that cornply witb S¢¢tiOllS 386 8od 387 of thé
Companies Act 2006 aDd
preparin8 finan¢i&l $1orement$ which give 8 trne and fa2r vicw of the stste of Èffairs of the chllritllble company 0$ at
the end of ¢ach financial year and of its surplus or defi¢it for each financial year in a¢¢ordonee with the
requir¢m¢nl8 of Sections 394 and 395 and which othenvise comply with the rcqtsiicments of ihe Companies AGt
2trf)6 subject to the small COTnpani¢s rrgime r¢lo1ing lo fLnan¢ial ¥tatements, 30 far os applicable to the charituble
company.
(b)
2.3/o¥ZQ.L£......
Th¢ financial srarements were arvroved by the Board of Tn￿t¢¢9 and 8uthoris¢d for isgue on ......
and were
nedo
¢half by=
n Ha￿19
The Dotes fDrnI
rt of the5¢ fU￿nG13] statemcnts
Pag¢ 13

SKIUS FOR INDEPENDENCE Af4D EMPLOYABILITY LIMITED
LASH FLOW STATEMENT
Sor The Year Ended 31 July 2022
Year End¢d
31.722
Year Ended
3 1.7.21
Notes
Cish flows from operitln¥ gCtlYltle*
Cash generatcd froTn ¢)pcration
Jnierest paid
Jniere$t element of hir¢ purchose payments
paid
19
610,144
(259)
542.679
46 379)
21873)
Net ¢Ash Provided by ¢)perating activitie8
520 806
Cuh Ilows from InveJtln% aetlvltlei
Pur¢hage of tan￿lbIe fixed assets
Sale of tangible fix¢d 8$8¢ts
Sale tsf fixed assct iDVeStments
Tnt¢re8t r￿*1¥¢a
(960.751}
(222.064)
3,950
Net iD inv¢8tin8 ￿tiVitieS
957 S971
215 842)
C4ih nowj from financSn8 g¢rfvltles
Capital r¢payrnent$ in year
N¢t cash {us¢d inllprovided by fLnan¢ing actLYLtie5
S62 022
Ch*Ag¢ In ciib and ¢a8h equlvaleots IA
the reportlng perlod
Casb and casb equlv*l¢nts St the
bO￿An￿￿E of the reportlnR perlod
167,931
263.026
CA$h and t&ih equlvalents at the ertd of
th• r¢portlng perlod
1072 617
Thc notes fonn part of th¢5¢ fu￿ncial Statements
Page 14

SKILLS FOR INDEPEf4DENCE AND EMPLOYABILITY LIMITED
OTES TO THE FINANCIAL STATEMENTS
Por The Year Ende4131 July 2022
ACCOUNTING POLICILS
B4sli of preparlThg the tlnanclal statements
Skills for Independcnce and Employabiliiy Limited is a charitable ¢ompotty limited by guarantee regisiered in
England aTLd Wales. In th¢ ¢vcnt of the charity b¢ing wound up the liability lo members in re5pcGI of the guarantcc
is limited. The address of the r¢gist¢r¢d otTi¢¢ is givert in the charity infonnation on plge 6 of the report of th¢
t￿le¢s. The nature of the charity's operntlolls And principal activities is th¢ opcration of Oakl¢y College to as$i$t
18 to 25 year olds with l¢arning difficulties in West Kent and tbe 8urrounth.og areas.
The financial 5tatrmcnts of the ch￿table company. which is a publi¢ benefi¢ ¢ntity undeT FRS 102. have I
prep&Tcd in ac¢ordan¢e with the Charities SORP IFRS 1021 'Accounttng and Reporting by ChaTitL¢S.. Stsiement of
Recommended Prdctice applicable to Charities preparing their accounts in accordancc with the Fi]wi¢iAI Reportin8
Stsndard applicable in thr UK and Republie of Ireland lTr'RS 1021 {effective l January 2019),, Financial ReportTDg
Standard 102 'The Finttncial Reporting Standard applicable in the UK And R¢publi¢ of Ireland, and the CompanieJ
Act 2006. The fjnancial statement5 have b¢ell prepAred under the historical cos¢ convention.
The ttustees hAve prepared ihe accounts on a going con¢em basis du¢ ro th¢ l¢vel of net a88ets &nd cash rcserves and
they do not believe there llre matetial urtcertaithties about the ch8rity'S llbility to eon¢inue. Sin¢¢ the year end the
cl￿rIty ha5 again increased it$ a¢¢ivity in i¢rni$ of gr8nl fuThding, incr¢as¢d student and Slèff numbers a8 well as
buildityg A n¢w, Iwo $lurey modular building on ils site lo allow it to b¢tt¢r ￿r¥e more youtlg people in the local
¢ommuniry, Th¢ ¢011¢8e remains oversubscribrd, with EHCP dats from Local Authorities giving b clear indi¢AtioD
that the demAtLd for provisions such as The Oak8 will contiuue to irLrr¢ase over ibe comitig years.
Income
All income is reco￿liSed in the St&temelli of Finjncial Actlvitiei once the ¢harity has erttitlement to the fimds, it ii
probable that the inwme will be received and the amouni cao b¢ mwured reliably.
Fundin8 aDd 8rant incomr is r¢cogniyed in th¢ Stotement of Financial Aetivittes under the performa￿¢ model.
In¢om¢ from 8ovemment grants and local authorities is r¢¢ognised when any perforn)ance conditions attached to the
8rants have been met. The Company rec¢ives core fundin8 from Kent County Couhcil And East Sussex County
Council as well ￿ from the UK Education and Skills Funditlg AgenGy. This fijnding is provided for various rea8Oll8
and is detemiined based on criteria such as the number of s￿dentS ay well As th¢ n¢¢d5 &nd rquiremertts of said
8Nd¢nts.
In athlition io the above in 2019 the company cxpanded its offering by providing A hi8h neeth f&cility on
the site of a previous Special Edue*tion Needs provision (N¢xus School).
Eipendituve
Lillbilities are r¢cogni8ed as expendi￿[¢ soon as there is a legal or constructive obligAti(Frt wmDJittin8 tbe charity
to tbat exp¢ttditure, li is prob&ble th3t a traosfer of econornic benefits will be wuired ia settl¢D)¢nt aDd the amount
of the obligatioll can be measured reliably. Expcnditurr is aCCOllliled for on ￿ accruals basis and ha5 becn classifi¢d
under headings that aggregate all cost related to the category. Where costs cannot be directly attribut¢d ¢0 particular
he8ding5 they have been allocated to activities on &basis collsi5t¢nl with the use of resour¢es.
Page 15

SKILLS FOR IIYDEPENDENCE AND EMPU)YABILITY LIMITED
NOTES TO THE FIN￿NCIAL STATEMENTS- ¢ontlDMed
For Tbe Yeir Ended 31 July 2022
ACCOUNTINC POLICIES- contlnued
P¢nBion toits *nd other post-retlrernent beneat5
The company operai¢s a def￿¢d ¢oJJ¢ributiots pension s¢hem¢ os well As COlltributioJJs b¢illg rnade to the Tea¢b¢r'
Petssion Scheme. Contributions payabl¢ to the 8ch¢n)e$ aye chargeAI lo th¢ Statement of Financs01 Activities in the
period to which they relate.
TaD¥lble Ilxed Aueti
T8n8ible fixed asscts stattd at ¢0gt less d¢pr¢¢iation. Individu￿ assets eoyting £500 or mor¢ 8re capilalised at
Cost. D¢p￿12t10tt 1$ provided at rat¢$ calculated tQ WTit¢ off th¢ cost less &stimat¢d re¥idual Value of each asset over
its expected useful life. as follow5..
Leasehold improvements
College equipment
Over th¢ remaining period of th¢ lea3¢
Straight line over 3 yeHrs and S years
Fund I¢¢0￿￿tIng
Unrestrictod fvnds cNn bc uscd in Accord￿¢¢ with the chAriiable objectives Qt thr discretion of the trnstees.
Re8tri¢ted fun(ts can only be used for particular restricled purpD$es within the objttL8 of the charity. Restrictions
arisc when spccifjed by the dO[￿r or whets funds Ire raised forparticular restrict￿ PUTP05es.
Hlre purth*ie glld leailng commltments
The Énterest elemetsi of the5c obli8aiions is ¢harged to th¢ Sthtemettt of Fitianeial Activities over th¢ rel¢v8nt p¢riod.
The eapitsl element of ihe p8ymenl8 iJ treated Bs a liability.
Renlals paid under op¢r81in8 leases are ¢￿T8¢d to th¢ Ststement of Finan¢i*l Aciivities on A strAi8ht lin¢ basis over
the period of th¢1¢88¢.
DOIYATIONS, FtJNDINGS AND GRANTS
Unrejtrlded Fundi
J110712012 311071202I
Reltrleted Fund8
3110712022
3110712021
TotAI Fundj
J1107Q1121
3110712021
tk>nation5
3.095
2,225.614
1.154
1,817,965
22052
12,040
25.747
2.22S614
13,194
1.817,965
Core gov¢Ttment grants
Other government
40,018
68,654
94,519
34,319
J51,490
5,166
55200
72.406
134,537
73.820
Other grants
Total
2,26&727
1.887.773
2.420,217
1.960.179
Pw16

KILLS FOR INDEPENDENCE AI¥D EMPLOYABJLITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
ForTbe Year Elld¢d 31 July 1022
OTHER TRADING ACTIVITIES
Unrestrlcted Funds
Restrlcted Fund%
TotAI F￿nd*
3110712022 3110712021
311Q712022
3110712021
JIM712022
3110712021
Fundraising tv¢nlS
1,132
1,793
1.132
1,793
TotA]
1.793
1.793
INVESTMENT INCOME
Unreitrleted Funth
Re8trlcted Fundi
Total Fyndi
31107121)22 3110712021
31107121)22
3110712021
3110712022
3110712021
Rellts received
Deposit account
ittter¢5¢
10,5QO
10,500
3,154
2,271
1154
2,271
Tot41
2,271
13,654
71
ANALYSIS OF CHARITABLE EXPENDITURE
UNRESTRICTED FUNDS
Grant Funded actfvlty
Support Cwts
Tot*1
31111712022 3110712021
3110712022
3110712021
31111712022
31107n021
Employrnent costs
Learning resour¢e5
Other schoDI nmning
lJ72,072
7,791
959.180
7,892
lJ72,072
7,791
959,180
7,892
405,436
330,919
44,056
52.369
449A92
383.288
Total
1.785 299
1,297,991
44.056
52,369
1,829JSS
1,350,360
Poge 17

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- ¢oThtlnu¢d
For The Year £Dded 31 July 2022
ANALYSIS OF CHAIUTABLE EXPENDITURi
RESTRICTED FUNDS
Grant Funded g¢¢lvlty
Support Costi
Tot*1
3110712022 31107a021
3110712022
31107r2021
3110712022
3110712021
Emplowt costs
Lcarning resource5
Other school running
costs
139.453
59.568
I39A53
59.568
TotAI
139
53
139 453
ANALYSIS OF SUPPORT COSTS
Chgrltsbl¢ Actlvltl•J
Total FuTrd•
3110712022 31107n021
3110712021
3110712021
3110712022
3110712021
Ext¢rnal audit
L¢gal and professiottal
7,860
7060
7.860
11771
0￿35
24,923
9,962
1&771
6J35
24,923
9.962
Staff trainin8
Accountaney
Tot&1
TRUSTEES, REMUNERATION AND BENEFITS
There were no tr￿￿ee8, remuneration or other benefits for the year ended 31 July 2022 nor the ytsr ended 31 July
2021.
Tn￿te¢9 exp¢uxs
There were no trn8tees' expen8Gy paid for th¢ yfAr ended 31 July 2022 northe year ended 31 July 2021.
PAge 18

LLS FOR If4DEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
For The Ended 31 July 2022
STAFF COSTS AND REMUNERATION OF KEY PERSONNEL
Year Ended
31.7.22
Year Ended
31.7.21
Wage8 and $alATie5
So¢ial se¢urity Costs
Otber p¢n$ion costs
1,119,153
98J80
154,539
799.490
58,133
101557
lJ72,072
959,180
The averAg¢ monthly number of employees during th¢ yeAr as follows..
Y£Br Ended
31.7.22
Y¢4T ¢nded
31.7.21
51
38
The av¢rnge monthly number of fvI1-thrne equiv8lellt {FTEI ¢o¥loyees duriD8 the year wu as followB'.
Yeir Ended
31.7.22
38
Year ended
31.7,21
27
The total employm¢nt benefits in¢luding ernployerpension contributioTh$ of the key manasement per8ormel were
£37S.86212021.. £399,742)
No ¢mploye¢s t¢¢¢ived emoluments ID excess of £60,000.
AUDITOR'S REMUNERATION
The auditor's remuneration of £7,86012021..£7,8601 related solely to the audit with additional work beiD8
un(krtak¢D of £10,890 {2021-. £9.6241 in relation to other a￿OU￿tRucY 5Ervic¢s.
io.
FINANCE CHARGES
2022
2021
Hire purcha8e interest
Pog¢ 19

KILLS FOR INDEPENDENCE AND EMPIA)YABILITY LIMITKD
NOTES TO THE FINANCIAL STATEMEr￿- rontlnued
For The Ytar Ended 31 Jllly 2022
TANGIBLK FIXED ASSETS
Improvements
to
propery
Colleg¢
¢quipment
Totals
COST
Al l Au8ust 2021
AdditiotLS
644,704
917.646
63,588
708,292
960,751
At 31 Jyly 2022
562J50
1669,043
DEPRECIATION
At l August 2021
CFLar8e for y¢ar
58.280
130J77
21,915
80,1
155
1&986 ￿63
At 31 July 2022
194,657
235
NET BOOK VALUE
Al 3 1 July 2022
1433 485
At31 July2021
586 424
628 097
12.
DEBTORS.. AMOUNTS FALLINC DUE WITHIf4 ONE YEAR
2021
Tt8de d¢btors
Other debtor8
Prepayments
7.966
3.750
3,750
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Hire pur¢ha8¢ {8ee not¢ 15)
Trade creditors
Social security and other taxe8
Other creditor5
AC£n￿lS ond deferred income
297.361
33.260
82
&388
51,136
12,651
16,609
13,904
392 774
P48¢ 20

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LI1￿[TED
OTES TO THE FINANCIAL STATEMENTS- eontthued
or The Year Ellded 31 July 2022
CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2022
2021
HI￿ purcha8r (s¢¢ note 151
3SO 660
15.
LEASING AGREEMENTS
Minimum leaB¢ payments undu hire pur¢haBe fall du¢ tts follows..
21122
2021
Net obli8ations repayable..
Within one year
Between one and five ye8
297J61
51,136
i&
OPERATING LKASE
MiniEnun) l¢a$e p8ynMts und¢rop¢ratinB leases fall due as follows:
2022
2021
Net obligAtion$ r¢pay4ble:
Within one year
Between one and five yeaT5
217,966
159,757
286 866
522316
Page21

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LII¥fjTED
NOTES TO THE FtNANCJAL STATEMENT6- tontlnued
For The Yekr Ended 31 July 2022
17.
MOVEMENT IN FUI¥DS
Net
mov¢Jn¢nl
in fvnds
At
31.7.22
At 1.8.21
Unrestrkted furtd8
(kn¢ral fijnd
1,229,724
45S893
105,617
Regtrl¢ted
R¢stricted fund
145.046
{J6,O77)
108,969
TOTAL FUNDS
1374 770
419816
1794,586
Net moyemettt in fimds. in¢lud¢d in th¢ above are 96 follows..
¢omin8
re8ource8
Re8OUTces
¢xpended
l transfer6
Mov¢ment
in fwLd$
UDreitrl¢t•d fund•
General fund
I,283￿13
(1,817,610)
455J93
Re•¢rl¢l¢d fundi
Restricted fill
l51,490
(187,567)
136,0771
TOTAL FUNDS
2.435.003
2 015 187
419816
Comp#r*tlv# for movement In funds
Not
mtsvetncnt
At
31.721
UnrestTlcled funds
General filnd
565.078
1.229.724
Restrleted funds
R¢$tricted fimd
{32,636)
145,046
TOTAL FUNDS
532 442
1374 770
P4e 22

XILLS FORINDEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- tothll•ued
Dr The Year Ellded 31 Juty 2022
17.
MOVEMENT IN FifNDS {contlnued)
Comparativ¢ net mov¢roent in fillLds, included itl the thTrve as follow8.'
IDcon)in8
resources
Resourccs
expended
MOV￿￿¢￿¢
itt fiJnd$
Unr¢$trleted
Gen¢ral fimd
1,891,837
(1,326,759)
565,078
Restrl¢t•d fund•
R¢stri¢ted fund
72,406
(105,042)
(32,6361
TOTAL FUNDS
1964 243
1431.801
PaB¢ 23

Klus FOR INDEPENDENCE AND EMPlnYABILITY LIMITED
140TES TO THE FINANCIAL STATEMiNTS- contI￿lled
For The Year Ended 31 July 2022
RL8TRICTED FUNDS
The income fund8 of the charity include restricted ¢ompri8ing the followin8 unexpended balance5 of donations
and grollts held on foT 5pccifi¢ purp)s¢$,'
MovemeTrt fundi
B*lanee At I In¢omln¥
Au8UJt 2021
Reiourtej
expended
Tranifers
Bilanee At 31
July 2022
Colyer Fcrguso
Free 8¢hool meal$
45,910
7.167
85,999
7,590
8,366
25,000
{51,3201
14,9751
{63,811)
2,180
10,558
24,762
KCC (Building
improv¢ments)
Ki¢k$iArt Scheme
{22,426)
12,129
5.467
{12,129}
(250)
11,4301
3H
250
3Afj7
K¢nt Commuoity
Foundation
1,430
A5da Foundati¢)n
2,000
12,IWI
(300)
Royal Botanical Oardens
Kent Active
300
200
500
500
Justgiving
Worshipfijl Company of
Inforn)ation Te¢hnolo8lSIS
The Bi8 Lottery Fund
Kent Commtsttity
Foundation
1.290
6,208
5,211
160)
(636)
(7,3￿)
(3,846)
138
729
4,766
9,6(K)
(2,484)
(58)
2382
{9,542)
The Catcers thnd
Eut¢rpris¢ Company
Wooden Spoon Society
1,000
5,0(Kl
(5,000)
Department for Education
61,153
151.490
61,153
108,969
145,046
(139,453}
(48,114)
p￿24

KILLS FOR IIYDEPENDENCE AP4D EMPLOYABILtTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- eontlThued
For Tbe Yt#r Elldtd 31 July 2022
J8.
RL8TRICTED FUNDS (eolltinued)
Coly¢r Ferguson- A Kent based charity who award grants to SUPWprt vulnerable and disadvants8¢d people living iii
Kent. Grants are capped at a ￿￿]￿Ul￿ of £5￿ pcr grant but there 18 no limit to the number of grants that call be
applicd for. Our Collcge Projects MJnager Applies for gr&ttts on behalf of leamers at tbe College based on thc learner's
indi￿dUEl n¢eds. ExaTnple$ of grants applied for it)clude providing a learner a new Suit and Shocs to attend job
interviews and payin8 for a learner to attend 12 one-tO-on¢ cowiselliDg sr55ion5. Th¢ 8r3nts can otsly be spent on tbe
$pteifi¢ project applied for Artd expendi￿re against income for each grant is tracked by the Projects Manager.
Free sehool meils- The College itidicote whicb lesm¢rs art eligible for free school meals, the eost of each meal aod
thc number of meal8 each Icarncr will re¢eiYe during the a¢ad¢mi¢ year. The Edu¢aiion and Sknlls Funding A8ethcy
provides fi￿dIng ba8ed on this calculation plus gn additional 50h to cover administratLOtI costs.
KCC (BuUdlrt8 Improv¢m¢nt$)- In Aunlmn 2019 Oakley Colle8e occupied new premises which was part funded by
Keni County Counril, Th¢ Bmounl of funding provided was based on quote5 from the buildin8 contractors involved on
the projecl. The remaining re5tiicted bRl8nce rel&￿$ to lease obligations totalling £85,999.
JH- The 3H Foundaiion is a lo¢NI charity 8¢t-up 45 y¢8r$ ago to awaTds grants thjt provid¢ r¢Jpite for people with
disabilities and their carers. Two. £250 grants to fund local thcatre trips wcrc Applicd for and approved. How¢Yer. only
one trip 50 far taken place beraus¢ of th¢ Covid pandemic.
Kent Comrnunlty Foundwtlon {KCf) - KCF 15 one of 47 Community Foundations acT085 the UK who are
committed to improving the lives of lo¢oi p¢ople 8nd communiiies, pani¢ularly th¢ vuill¢rabl¢. isolai¢d, atld
disadvdntagcd. KCF hHvc &wArded two groots to The Oak¥ Sp¢¢ialigt College,. one for th¢ purch89¢ of IT, vid¢0 and
Sports equipment and the other towards the purchase of ll polytunnel and workshop.
A8da Foundatlon - This 15 an indep¢ndent charity whose mission is to transforni communities and improve live5
throu8houl th¢ UK. The Oaks wa5 awarded a £2.000 8rant to p&rt-fiJnd the purchase ora polytunnel Bnd workshop.
Royal Botslllcal Gardens Kew- Kew twns an outreach iniiiaiive ¢alled"Grow Wild" aimed ai ¢ncouro8ing millioDs
olpeople ￿ et)joy #tjd value wildflow¢rs 8Dd fijtigi. As part of thi$ initiAtLV¢, xhools Alld ¢oll¢ge W¢T¢ invited to Hpply
for a £500 8ranl to run 8ardenin8 projects with their 5tudent5.
Kent A¢tlve
Kentsport in a8so¢iatiort with SportEt)gland run$ on "Everydly A¢tiv¢" inititttive whose aim i$ lo
increase parti¢ipalioll in sport and phy$i¢AI a¢iivity. Grants were available &8 Pgrt of thi¥ initiative and The Oaks
8¢cured £500 of fimding to pu￿bas¢ Bports ¢quipment for its learners.
Jult ClvlDg A JustGiving accourti was created to re¢eiv¢ dono1ion$ for The Oaks Spccialist College's 'Hit the
RoBd" r4mpaigD to purchase and equip & mobil¢ ¢offtelsnack b¥ for our learners to operate. Don&tions comc in
throughout the year on an &d.hoc basis.
Sevenoaks Dtstrlct Counell ISDQ The Oaks Specialist CollEg¢ pArticipate5 in the GoverTunent's "Kick Start"
sche￿¢ and ha8 cmployed two calldidates through ihis scheme. SDC Initially provided grants to support the trawin8
and d¢velopm¢nt of the two candidates plus ongoing funding to cover the candid&tes' sa]ary costs.
Worshipful Company of IBformation Ttthnologi5ts- Through previous work with the WCIT. one of ihe College's
TnL5tee5 facilLt&ted the awarding of a £521 I grant for the College. The grant was used to purchase Various jtem$ of
Smart and wistive t¢¢hnology for the sUPPOrted liviThg r￿rn in"Th¢ Hiv¢" builth"n8.
Page 25

KILLS FOR INDEPENDENCE AND EMPLOYABKUTY LIMITED
NOTES TO THE F￿ANCIAL STATEMErfrs- tontErtued
For Tbe YvAr EDded 31 July 2022
J&
RFSTRICTED FUNDS {tontinued)
The Blg Lottery Fund - This organi5&tion offer¢d graThts to schools and colleges 10 help Staff and thetr pupils
celebrate the Queen'8 Stlver Jubilec. Thc Oak5 applied and was 8u¢c¢ssful in 5￿Uring a grant of £4,766. This was
ent on putttlig togtthcr hostitig o day of JubiletrrelAied a¢tiviti¢s and ¢el¢brati¢)DS at tbe college.
The Cireerx And Enterprl8e CompAny- The college's Careers LeAd applied for some additional fuDdin8 to purch
DIY too15 and d¢¢or4linB materials to support learners with their v&rious enterprise initiatives.
Wooden Spoon Sodety- The Wooden Spoorl Society provided the college with a £5.000 gront to pweh88e outdoor
Bym equipTnenf for Ihe bMefiL of botb learn¢rs and 81Aff.
Department for Edvcatlon- The college reeeive$ at￿ul1 grants from the DIE for the specific purrx)8e of rnaintainu
and improving the condition of the college building5.
Tr#nsfer8 represent the purch￿ of fix¢d I￿¢1& durin8 th¢ year from i re8trict¢d fi]nd which Bre held for a g¢ntrnl
pwyose.
19.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
YeAr Ended Year Ended
31.7.22
31.7.21
Net Income for the repordng perlod (AS per the Statement of Flnanclal
A¢tiYitit$)
Adjujtments for:
Depreciation charges
Profit OD dispos81 of fixed as8¢ts
Intere8t received
Interest paid
Interest elemoni of hir¢ pur¢hAS¢ and fin￿• le88¢ rental paymen
(In¢re8s¢IIDecrwe in debtors
IncTeasellDecrcasc) in credilors
419,816
532,422
155,363
73,132
(1,0961
(2,2711
(3.1541
259
40JVJ
(28,168)
21.873
9.214
Net c*$h prorfded by operatlon8
542 679
P&ge 26

kiLLS FOR INDEPENDENCE AND EMPLOYABILITY LIMtTED
NOTES TO THE FINANCIAL STATEMENfs- ¢ontlDued
For The Year Ethded 31 July 2022
20.
ANALYSIS OF CHANGES IN NET FUNDS
At 1.8.21
Cash flow
At 31.7.22
P4et ¢98b
Cash at b8nk 8nd in hand
167931
1.072 617
904 686
167931
1072 617
Debt
Fingnce lease$
562.022
85.999
562.022
To¢il
818 687
394 091
424 $96
21.
RELATED PARTY TRANSACTIONS
DuriTh8 the year ihe charity re¢cived a 8r•mt ttst4llin8 £5,21112021'. £nil) from The Wor8hipful Company of
Inforniition Te¢hnologi8ts' Charity. a charity which Richard Pon¢ is a trustee.
Pog¢ 27

LLS FOR If4DEPENDENCE AND EMPLOYABILITY LIMIrn)
NOTES TO THE FINANCIAL STATEMENTS-
Por Tht Year EDded 31 July 2022
INCOME AND Ef4DOWMEI¥TS
DO￿(50￿. fundlng and grants
31107n022
311071202I
Don&lions
Funding and ￿1$
25,747
2J94,47
2,420317
13,194
1,946,985
1.960,179
Other tr8din¥ #rtivitles
Fundraising events
1,132
1,793
Inv￿tment Income
Rents received
Dep051t accoutti interesi
10,500
3.JS4
13,654
2,271
2.271
Totil Incomlng rwoDrceJ
2,43S003
1.964243
EXPENDITURE
Chirltable Actlvltl
Wage
Socidl $ewity ¢osts
Pensiott rosis
Staff welfare
Other operating lea5¢5
Rates Bnd water
Insurance
Lighi and heat
SundTie8
Repairs & ren¢wals
Cleaning
L¢4rning resource8
Collcge trip5
Catering
StatTtrainiDg & subscriptLOD8
Training for student$
Pretnises rent
T¢lephoDe
P05tag¢ and Sthtionery
D¢precialton of tawble fixed assets
Profit on disposal (pf fix￿ assets
Computer expcn8es
1,119,153
98J80
154,539
5,810
149,722
5,131
21,918
14,370
I J04
24,258
38,1127
7.791
&634
5,831
535
799,490
58,133
101.557
8,949
126,572
7,174
13,297
19,516
737
13,097
35,999
8,135
2,965
2.397
9,962
2,267
24,371
5,665
7,660
73,132
(1,096)
28,873
37,1183
4.963
9,402
155J63
34724
This page does not form part of the statutory fioancial stNteTnents
Page 28

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlDu¢d
For The Ye*T Ended 31 July 2022
Chirltsbie •ttivttlei ¢oThtlnu¢d
Trxvel
Adv¢rtising
B8nk char8e5
Lc8a] and profegsional fees
Audit ADd accountancy
20,583
1,831
543
24,163
1&750
1,968,808
18.669
24,923
17,484
1,409,928
Fln4nce charyei
Hire purchase iotere8t
46J79
21.873
Totsl regow¢e8 expended
1,015,187
1,431.801
Net iurpl
419016
532.442
This pa8e doe$ not forni part of the statutory fraaDcial stalen￿0($
Page 29

REGISTERED COMPANY NUMBER: 11901%M (EDglAod AndWal¢s)
REGISTERED CHARITY NifMBER: 1187919
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
FOR
SKILLS FOR INDEPENDENCE AND EMPLOYABILITY LtMrrED

SKILLS FOR INDEPENDENCE AND EMPinYABILITY LIMITED
CONTENTS OF THE FINANCIAL sfATEMENTS
FDr The Year Ended JI July 2022
P8g¢
Report •f the Tnuteei
I to 8
Report Of the Independent Audhori
9 to 11
StstemeDt of FIDxnclAI Aetivltles
12
Bilinee Sheet
13
CAgh Flow StAternent
14
Notts to the FknantlAI StxtemeDts
15 to 27
Detsiied Statem•nt of FlnAD¢lal Aetlvltle
28 to 29

SKILLS FOR II¥DEPEP4DENCE AND EMPIA)YABILRTY LIMITED
REPORT OF THE TRUSTEES
For The Y¢ar Ended 31 July 2022
The tn￿te¢s. wbo Ar¢ also directors of the charity for the purposes of the Companie3 A¢t 2006. present tbeir report with the
fiJaDcial statements of the eh8rity for the Ye￿ l August 2021 to 31 July 2022. This rewrt 1$ also the diTe¢tors' report. Thc
trus*¢s htve adopted the provisions of Accountin8 and R¢porting by CharitiC5'. Statement of R¢¢ommended Practi¢¢
appli¢able to charities prcparing their accowjts in accordanee with the FinaThciAI Reporting Standgrd applicable in the UK
and Repllblic ofITeland (FRS 1021 l¢ffc¢tive l January 20191.
VISION, OBJECTIVES AND MALN ACTIVITtFS
#. Vlslon
OUT vision is to 8Lve young Adults with learning difficulties opporiunities io di$¢over ways of learning that engage them and
eTJabL¢ tbem to gair) n¢w ski115, knowl¢d8e and behiviours that develop them. and lead to thertl e&ch bein8 exceptionally
well pr¢p8red for their n¢xt step5 into adulthood artd & positivc. m¢8ninBfiLI and PTodu¢tsve lon8 term futur¢.
b. ObJecthTe8
To A¢t as & T4wurce for YOW￿ people betw¢en ases 18 And 25 with learning difficuliie$ dis&bilitie8 andlor special
edu¢aiional needs & disobililits living in the South East of England by providin8 advice alld assist￿¢¢ and orgAnising
proBraTllTne5 of physical. educ8li¢)nal and olh¢r a¢tivitie5 lls a m¢An$ of..
adv&n¢ing ift life and hclpittg young people by developing their skills, upacitie8 and ch￿bilItieS to ¢Dable them to
ptirticipale in society ￿ indepcnden¢ mature and responsible individu818'
bl advaDcin8 education,.
Telievin¥ unemployment; llnd
d) PToviding re¢reaiiot)al 2nd l¢isure lime llL¢iYity in the intcrests of so¢ial welfare f(pr people livin8 in the arell of b¢n¢fil
who have nccd by r¢ason of their youth. age, infmity or di¥obiliiy, poverty or social and c¢onomi¢ circum5turtces witJJ
view to improving thc ¢onditlODS of life of Buch person8.
e. Mlln Aedvltlei
Th¢ Charity traded durins the reportins period as "The Oaks SpeciRlist College" and operates &9 a 8peciali8t fvrther
education Coll¢g¢ for young &dult learners 88ed b¢twetrt 18 8nd 25 who h&v¢ learnin8 difficultt¢S andlor disabilities
ILLDD51.
d. Attlvltles for Achlewlng ObJe¢tlY¢J
Individllalised study progran￿eS bas¢d Around the Preparation for Adulthood (PfA) framework Bre tailored to respond to
the n¢ed$ of each of our young people to 5UPPOrt their Continued leami08, personal & skills development and to work
ttswards thc outcom¢s identified in th¢ir Education, Health athd Care PlaThs {EIICPsl. These illclud¢ providirtg high
aspiration cb8llenge underpit￿ed by appropriate, tar8etcd support at￿ intcrv¢ntiot)8 such as 8p¢¢ch and l¥ngua8e
therapy, o¢cupatiODal thetapy, physiothcr4py and be5￿k¢ theTWi¢S.
Leamers..
Follow ￿￿SonalISed timetables that include tb¢ four strands from th¢ PfA frarnework that focus on d¢velopin8 skills IA
Employmen( Indepe￿{ellt living $ki115, Friends, Relationships and Community. and Good Health
Participate in an effective c)r¢er$ Progr￿nMe that offer5 impartial advice. expeti¢nce and ¢ontaci with e]nployer5 to
encoura8e an open mind Ind enable l¢&rners io make positive and realistic ¢hoi¢es
Develop an under5tandirtg of whHt they need to do in order to re&¢h artd $llceeed in their ¢bosen vocatrot), w¢cr,
volunteering. COmm￿lty & living options
Page L

SKtLIS FOR INDEPENDENCE A14D EMPIA)YABILITY Li￿1[rED
REPORT OF THE TRUSTEES- eoNtlnued
For The YtAr Ended 31 July 2022
Engage in a broad ￿tOrial 8t￿ Personal. Social, H¢alth and Economi¢ {PSHE) programrne that promote3 ¢motional
wellbeing, keepiog $afe and healthy, sociAI medi4 relationsbips and alcohol and dNg5 awareness
Deyclop the understandin8 of the fiLndaTnental British value5 of democTaCyb individual liiwry, tlx¢ wl¢ of law and
mutual respect and toleraDcc
Develop an understanding of their own h¢alth and wellb¢ing needs and are ¢￿0￿raged to Te¢ognis¢ and respond
appropriatcly.
lrt addition the College provides:
A bupoke curriculuro that bas & lensory aPPToaeh used to en8ure that learnus with con]plex Deeds pro￿3$ ther
lÉfe skills and develop 8reater independence. Parwership and colloboraiion with athli SO¢iAI care is estoblished from
day one, to promote f<>Tward platLnin8 ensure subs¢qu¢nt effective transitson to appropri4t¢ life and livrn8
opportUTLitL¢3
A blended model for flve or six $li8hily old¢r l¢&rners-with a personali8ed offcr in the specifically fitted out area that
goes beyond'academic" &tLd vocational ¢ducation and 18pers ioword fijll trnnsfer for these young adults in¢0 social
care provisio￿Supported living
Fully ¢quippcd and workirtg c8fO and mirti Tesco - Providin8 in-house work experience and tranrferable learning
opportunitleg plus 80cial spac¢ (in¢luding ¢ornmunity usel
Digital learning and use of a8Sigtive technolo8y atsd 8pp$ to ¢nable learncrs to ¢ngag¢, l¢arn, adapi and function
effectively in real world settings of all kinds
e. Fundln¥
incip21 fijnds are received for ¢ftch learner, for each acAdemi¢ yetr th&t they *ttend College. Tht fimding comprise5 of
three elements from hvo different source$'.
Elemellt ott¢ beiti8 the b&% ¢lem¢nL r￿e1Ved from the ESFA. For th¢ f]naD¢ial p¢riod of this Tepoo EI¢D]Qnt I wo9
£6,145 per le8rn¢r, per a¢ad¢D)i¢ year.
Element hvo and three and patd by the local 8uthority COnhmis$iotting the le￿ier'S plo¢e at ColLegt. (Elemetti nvo 18
thtn re¢laimed from the ESFA by the lo¢￿ authority (LA)).
Elcments two and thrtt aro calculated illdividually by the ESFA Aod the LA using a range of metric$ Around the
individuil 1¢8rner's Deeds and the amount of time they Spend in Colle8e, plu$ the l¢v¢l of learning and therapeuti
support that Is need¢d by the individual. The iotal amount per learner ran8¢s from £12.0(Xl to £41,000 per academi¢
year.
f. Addltlonal Fllndril8108
FuDdraising activities ai tbe Coll¢8¢ o¢¢ur when our learners pr(Mlucc craft itcms for sale to the pub]ic. Any profits made
from the sate of these iiellts are put towards pU￿h&SIng equipment for the College, usually ¢knosen by our learners.
PaKe 2

SKtLiS FORINDEPENDENCE AND EMPLOYABILrrY LIMITED
REPORT OF THE TRUSTEES- eontlnutd
For The Year Ended 31 July 2022
RuCrU￿ GOVKRNANCE AND MANAGEMENT
g. Constitlltio
The charity is controlled by its governit)8 documcnL the wti¢les of asso¢i&tion, aftd con5tityt¢s & limited Comp0￿y, limited
by guarantee, as dcflned by the Companie5 Art 2006. It is also & TLOt-for-profil Org￿lS￿l0n and a Registered Clwity (No.
1187919). The charit&bl¢ Company WHS incorporated on 23 MaTGh 2019 And comm¢nced operaliotL5 on l M&y 2019.
As Df 1st September 2021 the operating llAme has b¢¢n changed to "The Oak5 Speei8li$t Colleg¢" (th¢ company had b¢en
lThding #s'Y)aklcy College"). The fom)&l ¢ompony name ATLd dssociated elcrn¢nts remain unchanged.
Th¢ prin¢ipal objects of the Charity are sd ouioll pa8e l of the Tn]stEe$' Report.
Th¢re have been no ¢han8e8 ITh the objectives sin¢¢ the IASt annual r¢port.
Methods of 4ppolDtmellt or tleetlon ofTrnst¢eJ
Tbe charitable conwony is the responsibility of thc Tnute¢8 wbo gr¢ elected under the ten115 of th¢ Arti¢le8 ofAssociE4ti0ll.
ThJ$te¢8 Are expected to 8¢rv¢ 3-year term8 that m&y be exteThded.
¢. Pollelej Adopt¢d for th¢ Imdu¢tlon and Tr*lnlm¥ of Tru•tse•
trLgtee5 are assi8ned a mentor from the existins Board io indu¢t them. The tThsiees have had regard to public benefit
guidance issued by the Cbarity CommissioDICCNI.
d. OrgAnts*tlon*l Structsre De¢lilon MAkinE
Responsibility for the Strategic man88emenl of the Chariry find key operational d¢¢isions ￿81$ with the Trustees wbo
encrally m¢et qugrterly. Doy to day managomeni of the Ch8rity, includLtt8 the implementation of poli¢y deterrnin¢d by the
Board of Trusl¢¢s 1$ carried out by 8tsff who are employed dirc¢tly by the Charity and provide services to the Ctwity,
ex¢rcisiDg authoriti¢s d¢lcgated by the Board of Trustees.
The College is led by & Chief Executive Officer aud Hedd of Colleg< Supported by a Coll¢g¢ Business Mallager.
Development MatLaBer and Project & Furtdr8ising Manager, plu5 tt site leom. The Chief Executive (Gordon Tillman) and
Head of Collegc (Ros Leach) report to and Jr¢ accountable to the Board of Tn￿tr¢s. Phase leaders are responsible for the
quality and developmertt of edu¢ation prnvision. ThEy I￿ort and are accoun¢&bl¢ to th¢ Head of Coll¢g¢.
e. Re¥ul*ton
Th¢ Collcgc 18 subjKt to Bupervi80ry body r¢8u]ation by the ESFA, th¢ Dep*rtm¢llt for Ed￿atio￿, Ofsted Aud the Charitics
Commission.
The College provision is ajw rnonitored forqualiry and cost effectivene￿ by the commissioning local Authorities.
Page 3

SKIL1￿ FOR INDEPENDENCE AND EMPU)YABILITY LIMITED
REPORT OF THE TRUSTEES- eontlnued
Por ThÈ YÈ2r Ended 31 July 2022
AcH￿vEMENTs AND PERFORMANCE
, Flnill¢lAI Perform*ttee
The Charity 18 Ln sound financial health and fully met its obli8ation5 for the rqN)rtin8 period. The Charitys reserves are
more than holfway ￿WardS the plan to achieve a 6 month opcrating ¢ost level. Cash flow Ternaintil posltiv¢ throughout the
pBriod.
b. Revl¢w of Charltable A¢tlvltles
Learn¢r Retentlon And Growth
The OaL4 SpecialLSt Colle8e had 96 l¢wn¢rs with hi8h Deeds durin8 th¢ reportin8 period wbicb consisted of 71 (of 731
rel&ined fmm the 2020121 ye4r and a net new 25 l¢arn¢r8. We expect this to in¢r¢as¢ again to aiKtrUt 112 FTE for th¢
Tq>Ortin8 y¢Jr 2022123.
SerYl¢e Provl•lo
As per the name. the charity is highly fo¢us¢d on skills for indep¢ndenc¢ and employability.
Embedding $kn'lls for iodepeDd¢Dce is A eore component of th¢ day-t041Ay ¢urriculutTJ. L¢arn¢r5 also beDefited durin8 the
ycar from a Duinber of away day$, trips aud off$it¢ r¢8id¢llti81 stay8 desiglled to embed thos¢ independ¢ts¢¢ skills.
OUT pro8ram "Into Employmeni" is thlly embedded into the curriculum acros5 th¢ ¢olleg¢. Trustces wcr¢ plcased to see
during thc reporting period of th¢ pia¢ement of 9.4Yo of1¢8rners into fiLlly paid employment _ 37Q/o higher than the 5.90h
DRlionally of young peopl¢ with special educational needs. A turttler 62Y• of learners benefited from work pl8cernents.
Employmtllt •nd work pl&cemettt outcomes benefited from innovotive pro8fAm8 Such 88 the R¢Yers¢ Jobs Fair wbett a
D4unber of lo¢al alld nwional compwJie5 cwne to the colle8e to meet and eDga8e with learner8.
The ch￿lty is succeedin8 in improvin8 Outcome$ for our learners and ¢xceedin8 national averages.
FA¢llldes
The O&ks Speei&list College remains at the site on Ca8e Green Road- o refittbished, 6paciou$, aDd r¢purpos¢d premises atul
8roun¢ts.
TNs¢ec5 hav¢ agrccd that the practical limit of the premises is about 95 full time equivalent leam¢rs plus stsff. Givert that
Somc I￿rnerS attend collcge for two or three days per we¢k, this allows a wal¢T number of learners to Ittend and benefit
when allocated days over titne.
Trustecs were plcascd to see tbe openin8 &s plantt¢d in Nov 2021 of a new Modul￿ building (The Hive) next to the existiti
buildiDg. The Hiye provides accommodation for supported livin8 for youn8 adult LLDDB, And ¢nhan¢ed meeting space for
job ftiiTS.
There remains an open 'Change of use. plAnnitt8 appliratton of th¢ 0rt-51t¢ rafr 80 it C#D bc tsscd by commLmity groups athd
the public. All initial assessment was comple(¢d, and modificAtions ar¢ in progress.
CO￿ 19
Appropriak precautions remained in pla¢e during the reporting period and a dyn8mi¢ Covid risk a55C85m¢nt has been in
place since the outset- for the or8anLsation and for especially vulnerable learners.
Pw4

SKtLLS FOR INDEPENDENCE AND EMPLOYABJLITY LIMfTED
REPORT OF THE TRIJSTEES- tontlllued
ForThe Year Ended 31 July 2(122
Th¢ ttNstees a8ain thank the nMDagcn]eni and staff for their ¢fforts to eDsUte the safety of au learner5 and in tontinuing to
provid¢ & high leY¢l of service both in person and virttjally - ensuring th¢ Charity met the needs find expectatlOU5 of our
young people and their families.
FINANCIAL REVIEW
.Coln% Concern
After making appropri&te ¢rtquiri¢s, the Th￿tee$ have a reagonable expectrtion that the charitable company Ad¢qua
Tesources to conlirtue in operational exislcnce for the foresecable fvwre. For rhi¥ reuon. they ¢ontinu¢ io adopt the 80sn8
coD¢ern basis in preparin8 the flnancial 8tatem¢nt8.
b. Reserwts Polley
11 is th¢ policy of the Charity to Tllaint8iti It5 ftee rcsetyes at A level to enthbl¢ it to be 8thninislered efflciently, med its
$hort-tErnL expendiDwe requ2rements. and hav¢ 8dequ8te resource5 to ils charitable aclivitics. The Trustees want to
ensure the ¢h2rity is able lo complete & full academic year for all learners, without lo&% of st84ff, ￿dent opportunities thnd
qU81ity of work, and to allow for $uffici¢nt time to find A new fi]nding Model if required. so that all student5 who wish io
Jtay Al th¢ Colle8e con do so. As such it will r¢s¢rv¢ Hn absolulc minimum level of unrestri¢ted fvrtd$ $ul'ficient to sustai
th ¢barity without any income for A 3.mollth p¢riod, and will 8eek to I￿[¢85¢ thi$ to ht least 6 months op¢ratinB costs.
UnTestri¢ted fithds held 08 fixed 0$6ets are not in¢lud¢d 88 beins free to med aoy short-tenn need.
Free res¢rves at the el￿ of the reportin8 period were £252,132. P¢r the reserves policy above the initial 3 months Oper￿ing
¢951s torgr¢ i5 £451,323 (as per total expenditure Ln the reportitig period b¢low). The ehArity corttinu￿ to build on those
res￿¢$ over time to achieve the tes¢tVe8 policy target.
Ai the y￿r ertd, the ebarity beld total fr￿d5 of £1,794,586 {2021'. £1,374.770) of which unrcstricted géneral fjJnd¥ were
£1,685,61712022., £1,229,724) and Tcstri¢i¢d fvnds were £108,96912020'. £145,040).
. FIDAncIAI Summary
lft the ycor ¢nded 31 July 2022 the ChArity reported total income as £2,435,003 YJ £1,964,243 ID the previous fLnancit41 year.
Total expenditure was £2,015,187 vs £1.431,801 in the previous fmancial year. Of lh¢ lot81 $p¢nd, ¢xpellditure on ch&ritable
Activities was £1,968,808. Jncreases in incotnr aligth to fundin8 from Ihc in¢rw¢ in learners. Increayes in ￿PEnditUre ali
to the new fa¢ilitie$ and expanded teaching support staff to scrvi¢¢ th¢ in¢re8se in le￿ners.
d. stslf Remunerltlon
Salaries ate set by ref¢ren¢in8 pay-scale5 agAin8t our industy'5 current set of ￿lary benchrn&TkiDg dath - ¢n6Will8 tbey
rrrnain competitive to help with staff reteJ]tion, whilst being mindfvl of the charity's ctbos, aims and obj¢¢tiv¢s.
d. Rlik M•nagement
The charity trust¢¢s have wven con5ideratioll to the major risks to which the Charity is ¢xpo¥ed and sAtisfi¢d th¢m$¢lves that
sYs*ll￿ orprocedures are e5tablish¢d in order to mana8Q tbose risks.
Key risks ar¢as include..
GovemAllce risks which are by Trustee recTUittn¢nt procedures and trdining. di￿105￿re of conflicts of int¢r¢st:
oppointsnent of suitably q￿lIfied staff. regular tNslcc board meetings.. specific responsibility Sreas for TNstees on
S&f¢8uarding. Fin￿¢t, and IT; aDd appointment aThd oversigbt of a qualified manag¢m¢nt tetm and or8anisation&l suwdure.
Pag¢ 5

SKILLS FOR INDEPENDENCE AND EMPLOYABI￿ LIMrrED
EPORT OF THE TRUSTEES - contlDued
For The YeAr Ended 31 July 2022
Operational risk5 which are rnallaged by as8Lgned safeguarding leads and safeguarding ove18Lght. document¢d int¢rnal
licie5. proces9e$ and pro¢edur¢s,' apprtspriatc business management and Contract review5. re5ili¢nt IT systems aud dat
5tora8e' rOb￿$t HR planning, hirin8 procedures and professional development. appropriaie insurance coverage of ass¢l$.
FiDan¢ial risks whicb ar¢ tnanwd by maintainit)8 appropiiAte cash re8¢rves,' regular refftg and ttview of
plllnning and perfonnllnce" snd external audits.
External risks which are m8nA8ed by monitoritl8 of demo8rwhi¢ ¢han8es. Size of PC>tential learner8 and demand for
placemeJ]t8,' moThitorin8 of government policy chan8es and funding mod¢ls,' and ¢los¢ ¢ng8g¢rnenl and comtnunication with
community parthcTS and stakeholders.
Complia￿¢ risks whieh ore minaKed by reBular Teview of Depart￿1 of Education, Ofst¢d and other Tequirern¢nts"
pknniD8 for compliance inspection.. and rtlsuring &c¢ts8 to hppropriale professional advice.
PLANS FOR virruRE PERIODS
Of our 4 k¢y 3trat¢gic objectivea from 2020 throu8h 2024 we hav¢ mad¢ SiVLifi¢ant pro8re8s towardj the desi￿ ond build
accomtDodation for supported living for young Adult LLDD& and ID creating a digital learnuJ8 platform specifically
d¢si8urd lo IK A¢ce58ed alld used by 19-25 LLDD8.
The plan will continue to build on these su¢ccss¢s attd our Stratf8y thus remaiTh8 to..
Build on our Microsoft Showcase succe$5es. We aim to create digital learning opportunitie5 and apps tILat are
acc¢￿1￿1¢ to 19-25 LLDD8 to promote QB¢4ppropriate ace¢$$ible learning in bllgli5b and Moths. This will incrcase
employ8bilLty •nd reduce ibose not ill employm¢nt, edu¢&tiott offijrther traitting (NEET} wben tbey leave College.
Actively seek ways forw￿ to design and build "move-on" ac¢otnm¢)d4tsoD within the grounds of The Oak8 ODd to
meei thc clear dcmand that there is for thi5. This will cnable mort youn8 adults with learnin8 difficultiC5 to makc the
trAn8ition io livin8 8$ independently &8 possible within their local commuttity.
Develop Outreach services to sh8re our expertise and knowl¢d8e to support learners And stiff in general Further
Educatiorh settings.
Replicate our modcl of provision clsewh¢r¢ in the Southeast re8ion -to meet the needs of a 8reater number of 19-25
LLDDS.
P4g¢ 6

SKtLLS FOR INDEPEP4DENCE AND EMPLOYABILITY LIMITED
REPORT OF THE TRUSTEES- ¢onthiued
ForTht Year EDded 31 July 2022
REFERENCE AND ADMLNISTrATIVE DETAILS
Rrylstered Company number
11901504 (England and W&les}
Reglstered Charity
1187919
Reglstered offlre
Oakley Colle8e
Cage Greert Road
ToDbridg¢
Kcnt
TNIO 4PT
Trustee
Sitllou Harris
OlenD Dou8la8
George Richllrd Goss {r¢8isn¢d 8 Decemb¢r 2021)
Robert Marsh
David Martin
Richard Pone
Juli¢ Sion¢s
DaJJi¢l Broad
D•vid Carter
Dlrecto
Simon Harris
alenn Douglas
Georg¢ Richard Goss (regi￿ed 8 D￿ernber 20211
Robert Marsh
David Martill
Richard Pone
Julie Ston¢B
Daniel Broad
John Spavin5
Davidc
Audltors
Hilden Park Account8Dts Limit¢d
Chlrtered A¢countants & Statutory Auditors
Hilden Pxrk House
79 Tonbridge Road
Hildeuborou8h
Ken¢
TNII 9BH
P&g¢ 7

SKILIS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED
REPORT OF THE TRUSTEES- eonthlued
For The Ytar Ended 31 July 2022
STATEMENT OF TRUSTEES, RESPONStBILITIES
The tnL%te¢s (who are also the dire¢torn of Skills for Ind¢p¢nd¢n¢e and Employabiliry Limited for the pury)ose8 of company
law) are Tesponsible for preparitlg the Report of the Tnjstees and the f￿￿￿¢18[ statem¢nt5 Ln uccorda￿¢¢ with applicable law
Ind United Kingdom Accowilityg S¢andttrd5 (Ullited Kingdom Gcncraily A¢¢¢pted A¢cowitirtg Practictl.
Company regiiires the trustees to prepare f￿8￿¢1￿ Statements for each financial ye8r wbictl give A kne And fair view of
the stst¢ of hffairs of th¢ ¢h8ritobl¢ compAny and ol the in¢ikmiug resour¢eg and application of resourc¢s, it)clwling Ihe
income and expenditure. af th¢ charitsble company for tha¢ year. In pr¢paTins tho% financial Statcmcnls. th¢ iNstees tre
required io..
select Suitable accourLtin8 policieB and then apply them ￿￿513*ntIy.
observe the methods and principles in th¢ Charity SORP..
make judgements arld estimates that are r¢a80nible Artd prudetti.
prepare the flnancial 5tatemenis on the goin8 WD¢ern b￿1$ unl¢$8 il iB inappropriate to presume that the cb8ritabl¢
company will continu¢ in busincss.
The Itustees are responsible for keepin8 proper accountin8 r¢cords which dtsclose with reasonable accuracy at any tim¢ the
fJnanci81 po$ition of the iharitoble Gompany and to cnable thcm to cnsurc ihot the fmothcial 5totcm¢nts Comply with the
Comp8Die3 Act 2006. They are also responsible for safeguarding th¢ )58et8 of tb¢ charitsble ¢ompAlly and b¢n¢¢ for t4king
r¢aBotL&ble 5tep5 for the prevention and detection of fraud 2nd oth¢r irre8ularitie3.
In Bo far &8 the tru8tee8 ore aware..
there 1$ no relevant audil infornvhtion of which the charithble cOMp￿Y'S auditors are unaware,. and
tb¢ tnjstoes have taken 811 slep$ tbat th¢y ought ￿ have laken to mak¢ thems¢lve$ aware of any rel¢vant &udi¢
information and to e$t8bli$h that the auditors are aware of that infonnation.
AUDITOILS
The &uditOTS. Hilden PArk Ac¢ountints Limited, will be proposed for re-appointment al the forthcomin8 Annual General
Meeting.
Tbis report ha5 been pryaTed in aKordan¢e with th¢ provisioDS )ppIi¢8bl¢ to StDall ¢OD]paDi¢s subj¢¢t to tbe SD￿11
compdrtie8' regime in P&rt 15 of tbe Companies Act 2￿6.
R¢port of the trustses approved by order of th¢ board of tN6t¢¢s, as the Company diT¢Ctor4 on
and Jigrted on the board's behaifby:
%&lo¥2.0S.......
Harri$
Page 8

IM)EPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF
SKILtS FOR INDEPENDENCE AND EMPLOYABILITY LIM￿ED
OplThlon
We have audited the financial st8¢¢ments of Skills for IndependeDce 2nd Employability Limited IttL¢ 'tharitable comparty,)
for lh¢ yur ended 31 July 2022 which COTnpris¢ the SlalemeDI of Financial Activitie8, the Balancc Sheet. the Cash Flow
Statetnenl alld notes to thc fjnancial $tOt¢nwnls. including 8 summary of $igDificant accouniillg policics. The flnancial
reporting framcwork that has been applied in ther preparation 15 appli¢able18W HTJd UJ]ited Kingdom A¢¢ountin8 Stalld&rds
(United KingdoTn G¢nera]ly Acceptrd A¢¢ounting Practic¢l.
In our opinion the financial statements..
8ive & trne and fair view of the slate of th¢ ¢hwit2ble company's affairs as 8t 31 July 2022 and of its in¢oming resources
and applicatioo of resources. including its income and cxpeDdiDJre, for the yw then etldcd:
have been prop¢rly pr¢pared ill accoTdan¢e with United K￿gdOM Generally Accepted Accouttting Practice. and
have been prepired in a¢wrd8nct the r¢quiremenlS of the Companies Act 2006.
Baslg for oplnlo
Wc conduclgd our audit in accordance with tnt¢rDational Stand&rd8 on Auditillg IUKI {ISAs (UKI) applicabk law. Our
responBibilitics und¢r those standllrdg are fijrther described in the Auditor5, r¢sponsibilitics for the audit of the financiAI
ststements 8ection of our Teport. We independent of the charitable cou)pany in accordathce with the ethical
requirements tha¢ are relevant io our audit of the financial st8tem¢nts in the UK, includin8 th¢ FRC'S Ethic81 Standard. and
we hav¢ fuifJll¢d our other ¢thi¢al ruponsibiliti¢y in 8CCOTdance with th¢$e requircrnents. We bclieve thot the Audit
¢wdence we have obiained i8 sufficient thd oppropriate to PTovid¢ a basis for our ¢)pi¢)ion.
C•neluiloni rel%tln% to #olng eoD¢ern
In auditing the fJnanGIAI stat¢mcnls. we have concluded that the trust¢¢6' uge of thc goin8 ¢on¢ern b￿1$ of ac¢ouDtID8 in the
preparatioD of the finaD¢LoI statetncnls is 8ppropriate.
Based OD the work we have performcd, we have not idcntifled any material uneertaiJties rel8ting io event$ or conditloni
thai, individU￿lY or collectively. may cost signifjcant doubl ots the charitsble ¢omp8ny's ability to Continue os a going
cottcem for 4 period of at least 12 months from when the financial siatements ue authorised for i33u¢.
Our respLill5ibilities and the responsibilities of the I￿lIe£S with ropect to going ¢on¢¢rn are deg¢rib¢d in the relcvant
sections of this report.
Other Inforrn*tion
The other irtformation compri8e8 ihe inforniation included in the 8tULu*I report, including the tTUSte¢$' report. othtr than th¢
financial statements and our #uditor's report Iher¢on. The tswslees are T¢spon$iblc for the other inforniation eonlained within
the repon. Our opillioD OD the f￿ancIal stat¢men15 docs ntsi cover tbe other infom]8tion ￿d. except to the extent
oth¢tivise explicitly stAted in our report, we do not express forni of &SBufAn¢e conclusion thereon.
OUT r¢spoThsibility is w r¢4d th¢ other information 8nd, in doing so, Consider whether the oth¢r information is materially
itsconsistent with Ihe financial stalcmer)ts or our knowlcdgc obtained in the course of ihe audit. or o¢h¥rwise appear5 ￿ be
materially misststcd. If we identify such material inconsistencies or apparent mat¢Tial mi55tatements, w¢ are required to
detenlline whether this gives rise to A material misslatc￿¢￿t in the financial Ststsm¢nts them5cl¥¢s. If. bosed on thc work we
have perform¢¢L w¢ conclude thAt th¢r¢ a material mis5tatetnent of this otb¢r llLformation. we required to report that
facL
We have nothin8 to report in thi$ regard.
Oplnlons on other matter5 prescrlbed by the Complnlei Act 2tN)6
In out opinion. I￿Sed on the work l￿dertak¢Th in the course of the audit..
the infotrnAtion given in the Itusttts. r¢port, which include5 th¢ director5, fcpDrt prrpared for the purposes of company
law. for the flllanci￿ for whi¢h the fmancial statements arc prepared is Consistent with the financial statements. and
the director5, report included within the trustses. report has been prepared iti ac¢ordan¢e with applieable legal
T¢quirements.
Page 9

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF
SKILLS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED- ¢offjtlnMed
Matters on whlch we 8re requlred to report by exception
ID ihe light of th¢ knowledge and vnderst8ndiThg of the cotnpany and it5 cnvlrot￿Knt obtained in the course oftht audit, w¢
have not Identifi￿ Tnat¢riHI Tni55ta*m¢nts in th¢ diT¢ftor5' T¢POrt included withln thc tru8teC8' report.
We bav¢ tsothing to report in respc¢t of thc following inatters ID relation to which the Conpallic5 Act 2006 rcquires us to
report to you if. in our opinion..
adequate and proper accounting records haye TLOt been kept, or returns adequate for our audit have not been r¢¢eived
from 6rart¢hts not vi$it¢d by us; or
the financi81 stslements &T¢ not in agreement with the accounting r¢¢ord$ And returns. or
certain di5cIosure5 of tr￿tees, remuneration speeified by law are Dot made.. or
we have not received 811 the infornwtiDn at)d ¢xplanations w¢ require for OUT audtt
Re￿0￿¥1b51ltlQ8 of trust
AS explained more fijlly in tke Statement of Trnsiees, Responsibililits, the INst¢es {who are 1150 the diTe¢¢ors of the
charitable company for the purpose5 of company lawl are resrA)nBible for the pr¢paration of ihe fuwicial slai¢ments and for
being satisfied ihAt thcy give a and fair view, and for such internal ¢ontrol as th¢ mJ$l¢es d¢lem)in¢ is n¢ttssary to
enable the preparstton of fJnan¢ial ststements that 8r¢ fr¢¢ from m8ierio1 mis8tateJnent, whether due to fraud or error.
In preparing the fman¢ial stAiements, the trustee$ are responsible for assessing the charitablc company's ability to continue
as a going concern, disclosin8, ￿ Bpplicable, matter8 related to 80in8 concern ond using the goirtg ¢ottcern basi5 of
accounting unless the trustees either intend to liquidate the Charitable company or to ¢¢ase op¢ration$, or hthve no reali81ic
alkrnaliv¢ but to do sa.
Audltor's r¢6ponslblllties for the Audlt of the Ilnamclil st*temettt8
Our objectives are to obiiitt reasonoble assur4ttce about whdher the fittancial st&tement8 aB a whole are free from material
misstitemcnt. whether due to fraud or error, and to issue an auditor'8 report that in¢lud¢$ OUT opinion. Reasonablc 855urance
i¥ a high level of assurance. but is not i gullrantee that In audit conducted in aecordante wi¢h ISAS {UK) will alw&ys detect
a material misslatemenl when ii existy. Miyslaiements Can arise from fraud OT error and are considered material if,
individually or in the a88re8atc, thoy could reasonably be expe¢t¢d lo intlu¢n¢e the ¢conomic d¢ci5ions of users lakett oll
tb¢ bnsis of tbese finartcial stateznetlts.
IrTe8uIHritLe8, LThcludin8 fraud, w¢ in51an¢¢8 of non.¢omplian¢¢ with l&w¥ and regulltiotts. We design procedurcs in litle
with our re8pon8ibilities. ouilintd above. ¢0 detect mAterial rni5slalcments in respect of irr¢Bulariti¢s, in¢luding fraud. The
extent lo which our pro¢edy￿S ¢&p4bl¢ of dete¢ting ittegul4ritie3, includinB fraud is detailed below..
rncome ID the year is mainly in the foThn of fiJndin8 ba$¢d on Set criteria. Thr audit wDrk perfomied included ¢trLe
v¢rifi¢ation of all matcrial income to original &grcemcnts 85 wcll ￿ an a5se5sment of the ¢harity'$ ¢ntitl¢meot'
Bank transactions in the yeAr were of a ¢onsis¢etht nawre, relatitlg 10 gAnt income, supplier payments Bnd salaries. All
InAlerial movemen15 were looked al individually ￿ help 8ain assurance that material inst￿¢t$ of fraud would hay¢
b¢¢n identificd;
Du¢ to the simple nature of operations, the ri5k5 of irregulllrities land risk of unid¢ntified irr¢guloritiesl is low.
The laws and regll12tions appliLable for this etttity bxve been id¢tstified and Co￿ldered when carryiDg out the gudit..
The competency and ¢apabtliti¢s of th¢ audit t¢am id¢tttifyu)g or rero8ni5ing non-compliaDce with laws aDd regulations
have been roDsidered.
Consider8tLOn was 8Lven as to whether there were areas of the financial ststement$ psrti¢ularly yus¢eptible to fraud.
Minules of meetings of thos¢ charged with gov¢rn8n¢¢ hAv¢ been rcvicw¢d and nothing was noted that would Éndic*te
material misslatcmenls due to fraud.,
The risk of management ov¢md¢ of ¢ontrol8 has b¢¢n ¢onsid¢r¢d and the audit Work in rclation to this includ¢d the
review tsf mat¢rial accounting journa18 ar￿ other Adju%tments to 885ess that they were 8ppropriate olld in lin¢ with the
Dorn￿l of the eh&rity's activitie5.
Page 10

JNDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF
KILLS FOR INDEPENDENCE AND EMPLOYABILITY LImITED-￿￿tIlllled
Tr¢cau5e of the itlherent lirttit2tions of an audiL therc i5 a risk that we will not detect all irregularities, including those
fr8ding to a material mi&8tatement in the financial statements or non-complianr¢ with r¢8ulation. This risk increa$e5 tILe
JThore that Compliance with a law OT regulatiott 1$ removed from the events ond trawactions reflect¢d in the finaTJGi81
3&t¢ments, as Wt will be less likely to become aware of instances of non-cornpliancc. The risk is also greater regording
irre8ularitics occllrrill8 due to fraud Tather than error, as fraud involves Intentional ¢on¢e)]ment. forgrry* ¢oIIusLOll,
)ission ormi5rcpresenthtion.
A further descTrption of our re5pon$ibiliti¢$ for the audit of the financiat statemen¢S 1$ located on the Financial Reporting
¢ouncil's website at www.frc.org.ukl8uditorsr¢sponsibilities. This d¢5cription foTm$ part of Huditor's report.
iJse of our report
1his rcport is madc 501cly to th¢ charitable company'i TrThAbers, ￿ a body, in ￿COrdan¢¢ with Chaptrr 3 of Part 16 of the
CompBnir5 Aei 20D6. ￿r audit work ha5 beert und¢rtak¢n 80 that we mi8ht state to the charityble company'5 members
those matter8 we are required lo state to them in An audilor'5 report and for no other PU￿se. To tht fulle51 extent permitted
by law, we do not acccpt or Jssum¢ r¢sponsibility to anyotse otkner the cbaritable company and the cbaTitsble
¢ompany'5 mem￿r3 ￿ 8 body, for ouroudit work. for thi5 report or for the opinions we have fo￿¢d.
Faul R. Chewter {Senior Stathtory Auditor)
for and on behalf of Hilden Park Accountanis Limited
Ch8rt¢red A¢¢ountants & Statutory Audiiof8
Ilildcn P&Tk House
79 ToTLbridge Road
Hildenborough
Kent
1NII 9BH
Date..
Iyote:
Th¢ maini¢nan¢¢ ond int¢8rity of the company's web$ite is the responBibility of the tru5tec5,' the work ¢aTried out by the
8udilOts do¢s not involv¢ ¢onsidcration of thes¢ matters and, a¢¢ordin8ly, the lluditors accept responsibility for
ctrb&ng¢8 that May have occurred to the fillancial statements siRce they were itiitially pres¢Dted OD the website.
Pag¢ 11

SKJLLS FORINDEPEP4DENCE AND EMPIA)YABILITY LIMIThD
STATEMENT OF FINAP4CIAL ACTtVlTtLS (INCLUDING INCOME AND EXPENDITVRE ACCOUNT)
ForThe Year EDded 31 July 2022
UDr¢strleted
3I107n2
Restrlcted Funds
31107122
31107121
Total Funds
31107A2
31107121
Note
31107121
Intom¢ from:
Donations. fiLttdinB and
2,26&727
1.132
.887,773
1,793
2.271
1891837
151A90
72,406
2.420,217
1.132
1.960,179
1,793
Other tradin8 activitie5
Inve$tmen¢s
TotAI In¢omln¢ refour¢es
003
Expeadlture on:
Charitable activiti
Finon¢e cbar8¢8
Totil expeDdlture
1,829J55
1.350,360
139,453
59,568
I,9￿808
46J79
2 015187
1.409.928
21,873
1431801
1875,734
1372 233
139 453
Net
ncomel(exptndlturt)
407,779
$19,604
12,037
12,838
419,816
532,442
Transfer5 be￿¢en funds
114
45.474
(48,114) (45,474)
Net movement in fylld$
43S893
565.078
(36,077)
{32.636)
419,816
532.442
Reconcilia¢ion of fimds..
Tota] fimd$ brougbi
forw&rd
1,229,724
664.646
14S,046
177,682
lJ74,770
842,328
Totgl fundi tArrl•d forward
1685 617
1229 724
1794 586
1374 770
The notes forni part of these fthaneial $&tements
Pag¢ 12

8KtLLS FOR INDEPEf4DENCE A24D EMPIA)YABILITY LIMITED. REGISTERED NUMBER 11901504
BALANCE SHEET
Por The Year Ended 31 July 2f122
Unrutricled Fund5
31107122
31107121
Restrlcted Funds
Total Funds
31107ll2 31107121 31107122
31107121
Nots
F￿ED ASSETS
TBngible g$¥cts
1.433.485
628.097
1,433,485
628,097
CURREf4T ASSETS
tkbtors
Cash at ballk in hand
12
31,918
3,750
759.640 108 969
763.390 108,969
31,918
145 046 1072 617
145.046 1,104J35
3,750
904.686
908,436
995,566
CREDITORS
knoun15 fa]ling du¢ within on¢
ye4r
NET CURRENT ASSETS
IJ
392.774
602,792
126 9001
636,490 108,969
392 774
711,76)
126.900
781,536
145.046
TOTAL ASSETS LESS
CURRENT LIABILITIES
2,036J77 1,264,587 108,969
145,046 2,145246 1,409,633
CREDITORS
Amuunis falling due after more
otle ytar
14
1350.660) (34,863)
(350W)
(34,863)
NET ASSETS
1685 617 1229.724 108 969
145 046 1794
86 1374 770
FUNDS
Unrestricted bJDd8
RegtTi¢t¢d fijnds
TOTAL FUNDS
17
1,685,617 1,229,724
1.685,617 1.229,724
1011969
145 046 1794 $86 1374 770
108 969
1229 724 108 909
1685 617
The trustees acknowledge their responsibilities for
(a)
c￿llrI￿g that th¢ charitable company keeps accouD¢iDg records that cornply witb S¢¢tiOllS 386 8od 387 of thé
Companies Act 2006 aDd
preparin8 finan¢i&l $1orement$ which give 8 trne and fa2r vicw of the stste of Èffairs of the chllritllble company 0$ at
the end of ¢ach financial year and of its surplus or defi¢it for each financial year in a¢¢ordonee with the
requir¢m¢nl8 of Sections 394 and 395 and which othenvise comply with the rcqtsiicments of ihe Companies AGt
2trf)6 subject to the small COTnpani¢s rrgime r¢lo1ing lo fLnan¢ial ¥tatements, 30 far os applicable to the charituble
company.
(b)
2.3/o¥ZQ.L£......
Th¢ financial srarements were arvroved by the Board of Tn￿t¢¢9 and 8uthoris¢d for isgue on ......
and were
nedo
¢half by=
n Ha￿19
The Dotes fDrnI
rt of the5¢ fU￿nG13] statemcnts
Pag¢ 13

SKIUS FOR INDEPENDENCE Af4D EMPLOYABILITY LIMITED
LASH FLOW STATEMENT
Sor The Year Ended 31 July 2022
Year End¢d
31.722
Year Ended
3 1.7.21
Notes
Cish flows from operitln¥ gCtlYltle*
Cash generatcd froTn ¢)pcration
Jnierest paid
Jniere$t element of hir¢ purchose payments
paid
19
610,144
(259)
542.679
46 379)
21873)
Net ¢Ash Provided by ¢)perating activitie8
520 806
Cuh Ilows from InveJtln% aetlvltlei
Pur¢hage of tan￿lbIe fixed assets
Sale of tangible fix¢d 8$8¢ts
Sale tsf fixed assct iDVeStments
Tnt¢re8t r￿*1¥¢a
(960.751}
(222.064)
3,950
Net iD inv¢8tin8 ￿tiVitieS
957 S971
215 842)
C4ih nowj from financSn8 g¢rfvltles
Capital r¢payrnent$ in year
N¢t cash {us¢d inllprovided by fLnan¢ing actLYLtie5
S62 022
Ch*Ag¢ In ciib and ¢a8h equlvaleots IA
the reportlng perlod
Casb and casb equlv*l¢nts St the
bO￿An￿￿E of the reportlnR perlod
167,931
263.026
CA$h and t&ih equlvalents at the ertd of
th• r¢portlng perlod
1072 617
Thc notes fonn part of th¢5¢ fu￿ncial Statements
Page 14

SKILLS FOR INDEPEf4DENCE AND EMPLOYABILITY LIMITED
OTES TO THE FINANCIAL STATEMENTS
Por The Year Ende4131 July 2022
ACCOUNTING POLICILS
B4sli of preparlThg the tlnanclal statements
Skills for Independcnce and Employabiliiy Limited is a charitable ¢ompotty limited by guarantee regisiered in
England aTLd Wales. In th¢ ¢vcnt of the charity b¢ing wound up the liability lo members in re5pcGI of the guarantcc
is limited. The address of the r¢gist¢r¢d otTi¢¢ is givert in the charity infonnation on plge 6 of the report of th¢
t￿le¢s. The nature of the charity's operntlolls And principal activities is th¢ opcration of Oakl¢y College to as$i$t
18 to 25 year olds with l¢arning difficulties in West Kent and tbe 8urrounth.og areas.
The financial 5tatrmcnts of the ch￿table company. which is a publi¢ benefi¢ ¢ntity undeT FRS 102. have I
prep&Tcd in ac¢ordan¢e with the Charities SORP IFRS 1021 'Accounttng and Reporting by ChaTitL¢S.. Stsiement of
Recommended Prdctice applicable to Charities preparing their accounts in accordancc with the Fi]wi¢iAI Reportin8
Stsndard applicable in thr UK and Republie of Ireland lTr'RS 1021 {effective l January 2019),, Financial ReportTDg
Standard 102 'The Finttncial Reporting Standard applicable in the UK And R¢publi¢ of Ireland, and the CompanieJ
Act 2006. The fjnancial statement5 have b¢ell prepAred under the historical cos¢ convention.
The ttustees hAve prepared ihe accounts on a going con¢em basis du¢ ro th¢ l¢vel of net a88ets &nd cash rcserves and
they do not believe there llre matetial urtcertaithties about the ch8rity'S llbility to eon¢inue. Sin¢¢ the year end the
cl￿rIty ha5 again increased it$ a¢¢ivity in i¢rni$ of gr8nl fuThding, incr¢as¢d student and Slèff numbers a8 well as
buildityg A n¢w, Iwo $lurey modular building on ils site lo allow it to b¢tt¢r ￿r¥e more youtlg people in the local
¢ommuniry, Th¢ ¢011¢8e remains oversubscribrd, with EHCP dats from Local Authorities giving b clear indi¢AtioD
that the demAtLd for provisions such as The Oak8 will contiuue to irLrr¢ase over ibe comitig years.
Income
All income is reco￿liSed in the St&temelli of Finjncial Actlvitiei once the ¢harity has erttitlement to the fimds, it ii
probable that the inwme will be received and the amouni cao b¢ mwured reliably.
Fundin8 aDd 8rant incomr is r¢cogniyed in th¢ Stotement of Financial Aetivittes under the performa￿¢ model.
In¢om¢ from 8ovemment grants and local authorities is r¢¢ognised when any perforn)ance conditions attached to the
8rants have been met. The Company rec¢ives core fundin8 from Kent County Couhcil And East Sussex County
Council as well ￿ from the UK Education and Skills Funditlg AgenGy. This fijnding is provided for various rea8Oll8
and is detemiined based on criteria such as the number of s￿dentS ay well As th¢ n¢¢d5 &nd rquiremertts of said
8Nd¢nts.
In athlition io the above in 2019 the company cxpanded its offering by providing A hi8h neeth f&cility on
the site of a previous Special Edue*tion Needs provision (N¢xus School).
Eipendituve
Lillbilities are r¢cogni8ed as expendi￿[¢ soon as there is a legal or constructive obligAti(Frt wmDJittin8 tbe charity
to tbat exp¢ttditure, li is prob&ble th3t a traosfer of econornic benefits will be wuired ia settl¢D)¢nt aDd the amount
of the obligatioll can be measured reliably. Expcnditurr is aCCOllliled for on ￿ accruals basis and ha5 becn classifi¢d
under headings that aggregate all cost related to the category. Where costs cannot be directly attribut¢d ¢0 particular
he8ding5 they have been allocated to activities on &basis collsi5t¢nl with the use of resour¢es.
Page 15

SKILLS FOR IIYDEPENDENCE AND EMPU)YABILITY LIMITED
NOTES TO THE FIN￿NCIAL STATEMENTS- ¢ontlDMed
For Tbe Yeir Ended 31 July 2022
ACCOUNTINC POLICIES- contlnued
P¢nBion toits *nd other post-retlrernent beneat5
The company operai¢s a def￿¢d ¢oJJ¢ributiots pension s¢hem¢ os well As COlltributioJJs b¢illg rnade to the Tea¢b¢r'
Petssion Scheme. Contributions payabl¢ to the 8ch¢n)e$ aye chargeAI lo th¢ Statement of Financs01 Activities in the
period to which they relate.
TaD¥lble Ilxed Aueti
T8n8ible fixed asscts stattd at ¢0gt less d¢pr¢¢iation. Individu￿ assets eoyting £500 or mor¢ 8re capilalised at
Cost. D¢p￿12t10tt 1$ provided at rat¢$ calculated tQ WTit¢ off th¢ cost less &stimat¢d re¥idual Value of each asset over
its expected useful life. as follow5..
Leasehold improvements
College equipment
Over th¢ remaining period of th¢ lea3¢
Straight line over 3 yeHrs and S years
Fund I¢¢0￿￿tIng
Unrestrictod fvnds cNn bc uscd in Accord￿¢¢ with the chAriiable objectives Qt thr discretion of the trnstees.
Re8tri¢ted fun(ts can only be used for particular restricled purpD$es within the objttL8 of the charity. Restrictions
arisc when spccifjed by the dO[￿r or whets funds Ire raised forparticular restrict￿ PUTP05es.
Hlre purth*ie glld leailng commltments
The Énterest elemetsi of the5c obli8aiions is ¢harged to th¢ Sthtemettt of Fitianeial Activities over th¢ rel¢v8nt p¢riod.
The eapitsl element of ihe p8ymenl8 iJ treated Bs a liability.
Renlals paid under op¢r81in8 leases are ¢￿T8¢d to th¢ Ststement of Finan¢i*l Aciivities on A strAi8ht lin¢ basis over
the period of th¢1¢88¢.
DOIYATIONS, FtJNDINGS AND GRANTS
Unrejtrlded Fundi
J110712012 311071202I
Reltrleted Fund8
3110712022
3110712021
TotAI Fundj
J1107Q1121
3110712021
tk>nation5
3.095
2,225.614
1.154
1,817,965
22052
12,040
25.747
2.22S614
13,194
1.817,965
Core gov¢Ttment grants
Other government
40,018
68,654
94,519
34,319
J51,490
5,166
55200
72.406
134,537
73.820
Other grants
Total
2,26&727
1.887.773
2.420,217
1.960.179
Pw16

KILLS FOR INDEPENDENCE AI¥D EMPLOYABJLITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- contlnued
ForTbe Year Elld¢d 31 July 1022
OTHER TRADING ACTIVITIES
Unrestrlcted Funds
Restrlcted Fund%
TotAI F￿nd*
3110712022 3110712021
311Q712022
3110712021
JIM712022
3110712021
Fundraising tv¢nlS
1,132
1,793
1.132
1,793
TotA]
1.793
1.793
INVESTMENT INCOME
Unreitrleted Funth
Re8trlcted Fundi
Total Fyndi
31107121)22 3110712021
31107121)22
3110712021
3110712022
3110712021
Rellts received
Deposit account
ittter¢5¢
10,5QO
10,500
3,154
2,271
1154
2,271
Tot41
2,271
13,654
71
ANALYSIS OF CHARITABLE EXPENDITURE
UNRESTRICTED FUNDS
Grant Funded actfvlty
Support Cwts
Tot*1
31111712022 3110712021
3110712022
3110712021
31111712022
31107n021
Employrnent costs
Learning resour¢e5
Other schoDI nmning
lJ72,072
7,791
959.180
7,892
lJ72,072
7,791
959,180
7,892
405,436
330,919
44,056
52.369
449A92
383.288
Total
1.785 299
1,297,991
44.056
52,369
1,829JSS
1,350,360
Poge 17

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- ¢oThtlnu¢d
For The Year £Dded 31 July 2022
ANALYSIS OF CHAIUTABLE EXPENDITURi
RESTRICTED FUNDS
Grant Funded g¢¢lvlty
Support Costi
Tot*1
3110712022 31107a021
3110712022
31107r2021
3110712022
3110712021
Emplowt costs
Lcarning resource5
Other school running
costs
139.453
59.568
I39A53
59.568
TotAI
139
53
139 453
ANALYSIS OF SUPPORT COSTS
Chgrltsbl¢ Actlvltl•J
Total FuTrd•
3110712022 31107n021
3110712021
3110712021
3110712022
3110712021
Ext¢rnal audit
L¢gal and professiottal
7,860
7060
7.860
11771
0￿35
24,923
9,962
1&771
6J35
24,923
9.962
Staff trainin8
Accountaney
Tot&1
TRUSTEES, REMUNERATION AND BENEFITS
There were no tr￿￿ee8, remuneration or other benefits for the year ended 31 July 2022 nor the ytsr ended 31 July
2021.
Tn￿te¢9 exp¢uxs
There were no trn8tees' expen8Gy paid for th¢ yfAr ended 31 July 2022 northe year ended 31 July 2021.
PAge 18

LLS FOR If4DEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
For The Ended 31 July 2022
STAFF COSTS AND REMUNERATION OF KEY PERSONNEL
Year Ended
31.7.22
Year Ended
31.7.21
Wage8 and $alATie5
So¢ial se¢urity Costs
Otber p¢n$ion costs
1,119,153
98J80
154,539
799.490
58,133
101557
lJ72,072
959,180
The averAg¢ monthly number of employees during th¢ yeAr as follows..
Y£Br Ended
31.7.22
Y¢4T ¢nded
31.7.21
51
38
The av¢rnge monthly number of fvI1-thrne equiv8lellt {FTEI ¢o¥loyees duriD8 the year wu as followB'.
Yeir Ended
31.7.22
38
Year ended
31.7,21
27
The total employm¢nt benefits in¢luding ernployerpension contributioTh$ of the key manasement per8ormel were
£37S.86212021.. £399,742)
No ¢mploye¢s t¢¢¢ived emoluments ID excess of £60,000.
AUDITOR'S REMUNERATION
The auditor's remuneration of £7,86012021..£7,8601 related solely to the audit with additional work beiD8
un(krtak¢D of £10,890 {2021-. £9.6241 in relation to other a￿OU￿tRucY 5Ervic¢s.
io.
FINANCE CHARGES
2022
2021
Hire purcha8e interest
Pog¢ 19

KILLS FOR INDEPENDENCE AND EMPIA)YABILITY LIMITKD
NOTES TO THE FINANCIAL STATEMEr￿- rontlnued
For The Ytar Ended 31 Jllly 2022
TANGIBLK FIXED ASSETS
Improvements
to
propery
Colleg¢
¢quipment
Totals
COST
Al l Au8ust 2021
AdditiotLS
644,704
917.646
63,588
708,292
960,751
At 31 Jyly 2022
562J50
1669,043
DEPRECIATION
At l August 2021
CFLar8e for y¢ar
58.280
130J77
21,915
80,1
155
1&986 ￿63
At 31 July 2022
194,657
235
NET BOOK VALUE
Al 3 1 July 2022
1433 485
At31 July2021
586 424
628 097
12.
DEBTORS.. AMOUNTS FALLINC DUE WITHIf4 ONE YEAR
2021
Tt8de d¢btors
Other debtor8
Prepayments
7.966
3.750
3,750
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Hire pur¢ha8¢ {8ee not¢ 15)
Trade creditors
Social security and other taxe8
Other creditor5
AC£n￿lS ond deferred income
297.361
33.260
82
&388
51,136
12,651
16,609
13,904
392 774
P48¢ 20

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LI1￿[TED
OTES TO THE FINANCIAL STATEMENTS- eontthued
or The Year Ellded 31 July 2022
CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2022
2021
HI￿ purcha8r (s¢¢ note 151
3SO 660
15.
LEASING AGREEMENTS
Minimum leaB¢ payments undu hire pur¢haBe fall du¢ tts follows..
21122
2021
Net obli8ations repayable..
Within one year
Between one and five ye8
297J61
51,136
i&
OPERATING LKASE
MiniEnun) l¢a$e p8ynMts und¢rop¢ratinB leases fall due as follows:
2022
2021
Net obligAtion$ r¢pay4ble:
Within one year
Between one and five yeaT5
217,966
159,757
286 866
522316
Page21

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LII¥fjTED
NOTES TO THE FtNANCJAL STATEMENT6- tontlnued
For The Yekr Ended 31 July 2022
17.
MOVEMENT IN FUI¥DS
Net
mov¢Jn¢nl
in fvnds
At
31.7.22
At 1.8.21
Unrestrkted furtd8
(kn¢ral fijnd
1,229,724
45S893
105,617
Regtrl¢ted
R¢stricted fund
145.046
{J6,O77)
108,969
TOTAL FUNDS
1374 770
419816
1794,586
Net moyemettt in fimds. in¢lud¢d in th¢ above are 96 follows..
¢omin8
re8ource8
Re8OUTces
¢xpended
l transfer6
Mov¢ment
in fwLd$
UDreitrl¢t•d fund•
General fund
I,283￿13
(1,817,610)
455J93
Re•¢rl¢l¢d fundi
Restricted fill
l51,490
(187,567)
136,0771
TOTAL FUNDS
2.435.003
2 015 187
419816
Comp#r*tlv# for movement In funds
Not
mtsvetncnt
At
31.721
UnrestTlcled funds
General filnd
565.078
1.229.724
Restrleted funds
R¢$tricted fimd
{32,636)
145,046
TOTAL FUNDS
532 442
1374 770
P4e 22

XILLS FORINDEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- tothll•ued
Dr The Year Ellded 31 Juty 2022
17.
MOVEMENT IN FifNDS {contlnued)
Comparativ¢ net mov¢roent in fillLds, included itl the thTrve as follow8.'
IDcon)in8
resources
Resourccs
expended
MOV￿￿¢￿¢
itt fiJnd$
Unr¢$trleted
Gen¢ral fimd
1,891,837
(1,326,759)
565,078
Restrl¢t•d fund•
R¢stri¢ted fund
72,406
(105,042)
(32,6361
TOTAL FUNDS
1964 243
1431.801
PaB¢ 23

Klus FOR INDEPENDENCE AND EMPlnYABILITY LIMITED
140TES TO THE FINANCIAL STATEMiNTS- contI￿lled
For The Year Ended 31 July 2022
RL8TRICTED FUNDS
The income fund8 of the charity include restricted ¢ompri8ing the followin8 unexpended balance5 of donations
and grollts held on foT 5pccifi¢ purp)s¢$,'
MovemeTrt fundi
B*lanee At I In¢omln¥
Au8UJt 2021
Reiourtej
expended
Tranifers
Bilanee At 31
July 2022
Colyer Fcrguso
Free 8¢hool meal$
45,910
7.167
85,999
7,590
8,366
25,000
{51,3201
14,9751
{63,811)
2,180
10,558
24,762
KCC (Building
improv¢ments)
Ki¢k$iArt Scheme
{22,426)
12,129
5.467
{12,129}
(250)
11,4301
3H
250
3Afj7
K¢nt Commuoity
Foundation
1,430
A5da Foundati¢)n
2,000
12,IWI
(300)
Royal Botanical Oardens
Kent Active
300
200
500
500
Justgiving
Worshipfijl Company of
Inforn)ation Te¢hnolo8lSIS
The Bi8 Lottery Fund
Kent Commtsttity
Foundation
1.290
6,208
5,211
160)
(636)
(7,3￿)
(3,846)
138
729
4,766
9,6(K)
(2,484)
(58)
2382
{9,542)
The Catcers thnd
Eut¢rpris¢ Company
Wooden Spoon Society
1,000
5,0(Kl
(5,000)
Department for Education
61,153
151.490
61,153
108,969
145,046
(139,453}
(48,114)
p￿24

KILLS FOR IIYDEPENDENCE AP4D EMPLOYABILtTY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- eontlThued
For Tbe Yt#r Elldtd 31 July 2022
J8.
RL8TRICTED FUNDS (eolltinued)
Coly¢r Ferguson- A Kent based charity who award grants to SUPWprt vulnerable and disadvants8¢d people living iii
Kent. Grants are capped at a ￿￿]￿Ul￿ of £5￿ pcr grant but there 18 no limit to the number of grants that call be
applicd for. Our Collcge Projects MJnager Applies for gr&ttts on behalf of leamers at tbe College based on thc learner's
indi￿dUEl n¢eds. ExaTnple$ of grants applied for it)clude providing a learner a new Suit and Shocs to attend job
interviews and payin8 for a learner to attend 12 one-tO-on¢ cowiselliDg sr55ion5. Th¢ 8r3nts can otsly be spent on tbe
$pteifi¢ project applied for Artd expendi￿re against income for each grant is tracked by the Projects Manager.
Free sehool meils- The College itidicote whicb lesm¢rs art eligible for free school meals, the eost of each meal aod
thc number of meal8 each Icarncr will re¢eiYe during the a¢ad¢mi¢ year. The Edu¢aiion and Sknlls Funding A8ethcy
provides fi￿dIng ba8ed on this calculation plus gn additional 50h to cover administratLOtI costs.
KCC (BuUdlrt8 Improv¢m¢nt$)- In Aunlmn 2019 Oakley Colle8e occupied new premises which was part funded by
Keni County Counril, Th¢ Bmounl of funding provided was based on quote5 from the buildin8 contractors involved on
the projecl. The remaining re5tiicted bRl8nce rel&￿$ to lease obligations totalling £85,999.
JH- The 3H Foundaiion is a lo¢NI charity 8¢t-up 45 y¢8r$ ago to awaTds grants thjt provid¢ r¢Jpite for people with
disabilities and their carers. Two. £250 grants to fund local thcatre trips wcrc Applicd for and approved. How¢Yer. only
one trip 50 far taken place beraus¢ of th¢ Covid pandemic.
Kent Comrnunlty Foundwtlon {KCf) - KCF 15 one of 47 Community Foundations acT085 the UK who are
committed to improving the lives of lo¢oi p¢ople 8nd communiiies, pani¢ularly th¢ vuill¢rabl¢. isolai¢d, atld
disadvdntagcd. KCF hHvc &wArded two groots to The Oak¥ Sp¢¢ialigt College,. one for th¢ purch89¢ of IT, vid¢0 and
Sports equipment and the other towards the purchase of ll polytunnel and workshop.
A8da Foundatlon - This 15 an indep¢ndent charity whose mission is to transforni communities and improve live5
throu8houl th¢ UK. The Oaks wa5 awarded a £2.000 8rant to p&rt-fiJnd the purchase ora polytunnel Bnd workshop.
Royal Botslllcal Gardens Kew- Kew twns an outreach iniiiaiive ¢alled"Grow Wild" aimed ai ¢ncouro8ing millioDs
olpeople ￿ et)joy #tjd value wildflow¢rs 8Dd fijtigi. As part of thi$ initiAtLV¢, xhools Alld ¢oll¢ge W¢T¢ invited to Hpply
for a £500 8ranl to run 8ardenin8 projects with their 5tudent5.
Kent A¢tlve
Kentsport in a8so¢iatiort with SportEt)gland run$ on "Everydly A¢tiv¢" inititttive whose aim i$ lo
increase parti¢ipalioll in sport and phy$i¢AI a¢iivity. Grants were available &8 Pgrt of thi¥ initiative and The Oaks
8¢cured £500 of fimding to pu￿bas¢ Bports ¢quipment for its learners.
Jult ClvlDg A JustGiving accourti was created to re¢eiv¢ dono1ion$ for The Oaks Spccialist College's 'Hit the
RoBd" r4mpaigD to purchase and equip & mobil¢ ¢offtelsnack b¥ for our learners to operate. Don&tions comc in
throughout the year on an &d.hoc basis.
Sevenoaks Dtstrlct Counell ISDQ The Oaks Specialist CollEg¢ pArticipate5 in the GoverTunent's "Kick Start"
sche￿¢ and ha8 cmployed two calldidates through ihis scheme. SDC Initially provided grants to support the trawin8
and d¢velopm¢nt of the two candidates plus ongoing funding to cover the candid&tes' sa]ary costs.
Worshipful Company of IBformation Ttthnologi5ts- Through previous work with the WCIT. one of ihe College's
TnL5tee5 facilLt&ted the awarding of a £521 I grant for the College. The grant was used to purchase Various jtem$ of
Smart and wistive t¢¢hnology for the sUPPOrted liviThg r￿rn in"Th¢ Hiv¢" builth"n8.
Page 25

KILLS FOR INDEPENDENCE AND EMPLOYABKUTY LIMITED
NOTES TO THE F￿ANCIAL STATEMErfrs- tontErtued
For Tbe YvAr EDded 31 July 2022
J&
RFSTRICTED FUNDS {tontinued)
The Blg Lottery Fund - This organi5&tion offer¢d graThts to schools and colleges 10 help Staff and thetr pupils
celebrate the Queen'8 Stlver Jubilec. Thc Oak5 applied and was 8u¢c¢ssful in 5￿Uring a grant of £4,766. This was
ent on putttlig togtthcr hostitig o day of JubiletrrelAied a¢tiviti¢s and ¢el¢brati¢)DS at tbe college.
The Cireerx And Enterprl8e CompAny- The college's Careers LeAd applied for some additional fuDdin8 to purch
DIY too15 and d¢¢or4linB materials to support learners with their v&rious enterprise initiatives.
Wooden Spoon Sodety- The Wooden Spoorl Society provided the college with a £5.000 gront to pweh88e outdoor
Bym equipTnenf for Ihe bMefiL of botb learn¢rs and 81Aff.
Department for Edvcatlon- The college reeeive$ at￿ul1 grants from the DIE for the specific purrx)8e of rnaintainu
and improving the condition of the college building5.
Tr#nsfer8 represent the purch￿ of fix¢d I￿¢1& durin8 th¢ year from i re8trict¢d fi]nd which Bre held for a g¢ntrnl
pwyose.
19.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
YeAr Ended Year Ended
31.7.22
31.7.21
Net Income for the repordng perlod (AS per the Statement of Flnanclal
A¢tiYitit$)
Adjujtments for:
Depreciation charges
Profit OD dispos81 of fixed as8¢ts
Intere8t received
Interest paid
Interest elemoni of hir¢ pur¢hAS¢ and fin￿• le88¢ rental paymen
(In¢re8s¢IIDecrwe in debtors
IncTeasellDecrcasc) in credilors
419,816
532,422
155,363
73,132
(1,0961
(2,2711
(3.1541
259
40JVJ
(28,168)
21.873
9.214
Net c*$h prorfded by operatlon8
542 679
P&ge 26

kiLLS FOR INDEPENDENCE AND EMPLOYABILITY LIMtTED
NOTES TO THE FINANCIAL STATEMENfs- ¢ontlDued
For The Year Ethded 31 July 2022
20.
ANALYSIS OF CHANGES IN NET FUNDS
At 1.8.21
Cash flow
At 31.7.22
P4et ¢98b
Cash at b8nk 8nd in hand
167931
1.072 617
904 686
167931
1072 617
Debt
Fingnce lease$
562.022
85.999
562.022
To¢il
818 687
394 091
424 $96
21.
RELATED PARTY TRANSACTIONS
DuriTh8 the year ihe charity re¢cived a 8r•mt ttst4llin8 £5,21112021'. £nil) from The Wor8hipful Company of
Inforniition Te¢hnologi8ts' Charity. a charity which Richard Pon¢ is a trustee.
Pog¢ 27

LLS FOR If4DEPENDENCE AND EMPLOYABILITY LIMIrn)
NOTES TO THE FINANCIAL STATEMENTS-
Por Tht Year EDded 31 July 2022
INCOME AND Ef4DOWMEI¥TS
DO￿(50￿. fundlng and grants
31107n022
311071202I
Don&lions
Funding and ￿1$
25,747
2J94,47
2,420317
13,194
1,946,985
1.960,179
Other tr8din¥ #rtivitles
Fundraising events
1,132
1,793
Inv￿tment Income
Rents received
Dep051t accoutti interesi
10,500
3.JS4
13,654
2,271
2.271
Totil Incomlng rwoDrceJ
2,43S003
1.964243
EXPENDITURE
Chirltable Actlvltl
Wage
Socidl $ewity ¢osts
Pensiott rosis
Staff welfare
Other operating lea5¢5
Rates Bnd water
Insurance
Lighi and heat
SundTie8
Repairs & ren¢wals
Cleaning
L¢4rning resource8
Collcge trip5
Catering
StatTtrainiDg & subscriptLOD8
Training for student$
Pretnises rent
T¢lephoDe
P05tag¢ and Sthtionery
D¢precialton of tawble fixed assets
Profit on disposal (pf fix￿ assets
Computer expcn8es
1,119,153
98J80
154,539
5,810
149,722
5,131
21,918
14,370
I J04
24,258
38,1127
7.791
&634
5,831
535
799,490
58,133
101.557
8,949
126,572
7,174
13,297
19,516
737
13,097
35,999
8,135
2,965
2.397
9,962
2,267
24,371
5,665
7,660
73,132
(1,096)
28,873
37,1183
4.963
9,402
155J63
34724
This page does not form part of the statutory fioancial stNteTnents
Page 28

KILLS FOR INDEPENDENCE AND EMPLOYABILITY LIMITED
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlDu¢d
For The Ye*T Ended 31 July 2022
Chirltsbie •ttivttlei ¢oThtlnu¢d
Trxvel
Adv¢rtising
B8nk char8e5
Lc8a] and profegsional fees
Audit ADd accountancy
20,583
1,831
543
24,163
1&750
1,968,808
18.669
24,923
17,484
1,409,928
Fln4nce charyei
Hire purchase iotere8t
46J79
21.873
Totsl regow¢e8 expended
1,015,187
1,431.801
Net iurpl
419016
532.442
This pa8e doe$ not forni part of the statutory fraaDcial stalen￿0($
Page 29


Hilden Park House, 79 Tonbridge Road Hildenborough, Kent, TN11 9BH 

Telephone 01732 838 877 Website www.hildenparkaccountants.co.uk 

The Board of Trustees Skills for Independence and Employability Limited The Oaks Specialist College Cage Green Road Tonbridge Kent TN10 4PT 

23 March 2023 

Dear The Board, 

In accordance with our normal practice we are writing to draw your attention to various matters which arose during the course of our audit of the company’s accounts for the year ended 31 July 2022. 

## _**Qualitative aspects of the entity’s accounting practices and financial reporting**_ 

We have no comments to make concerning the qualitative aspects of the entity’s accounting practices and financial reporting. 

We did not encounter any significant difficulties during the audit and there are no significant findings from the audit to draw to your attention. 

## _**Letter or representation**_ 

A draft of our proposed letter of representation is attached.  We draw your attention to the paragraphs 10 to 12 concerning restricted funds, donations and grants income and confirmation of sufficient reserves to pay for the remaining capital expenditure. 

In other respects the letter is routine. 

## _**Adjusted and unadjusted misstatements**_ 

We enclose a schedule of our adjusted misstatements relating to opening balance adjustments, along with the adjustment to increase the rent accrual and adjustment for the depreciation chage for the year for fixed assets. 

## _**Expected modifications to the auditors’ report**_ 

We do not propose any modifications to our audit opinion and hence will be issuing a clean audit report. 

> Hilden Park Accountants Limited is registered in England & Wales with registered company number 5903760. The registered office is at Hilden Park House, 79 Tonbridge Road, Hildenborough, Kent, TN11 9BH. Registered to carry on audit work in the UK and regulated for a range of investment activities by the Institute of Chartered Accountants in England and Wales. VAT number 886 0443 04. A list of directors’ names is available at the registered office. 



## _**Material weaknesses in the accounting and internal control systems**_ 

As you are aware from our letter of engagement, our audit procedures were directed towards testing the accounting systems in operation upon which we have based our assessment of the accounts.  It is not meant to be a full and accurate reflection of all weaknesses that may be present in your system. During the course of our testing we came across no instances of material weaknesses in the accounting and internal control system. The accounting control system is appropriate for the size and nature of the business. 

1. When reviewing the processes in place for grants and donations income it was noted that there is currently no spreadsheet maintained of all donations/grants applied for and the outcome of the application. We would suggest a spreadsheet is maintained which includes all grants applied for so that the charity are aware of all grants applied for and as such can follow up on progress of these if no response is received from the donor. 

2. On review of the trustee meeting minutes, although this included any declaration of interests there is no register maintained which summaries all interests. Therefore, we suggest that a register of interest is maintained which is updated regularly so that it is reflective of all interests for each trustee. 

3. On reviewing the fixed asset register in Xero, it was noted that for some assets these had not been added to the fixed asset register, and therefore only showing as an addition in the nominal code within the trial balance. As such for these assets no depreciation was posted in the year. Therefore, for all fixed asset additions these need to be added to the register in Xero to enable the software to calculate and post the monthly depreciation charge. However, as we assist with the preparation of the monthly management accounts, the bookkeeping team responsible will be able to assist with this. 

In making our recommendations, we have considered the size of your company and the number of staff you employ. We shall be glad if you will let us know what steps have been taken in connection with the above. 

## _**Other matters required by Auditing Standards to be communicated**_ 

There are no other matters that we are required by auditing standards to communicate to you. 

## _**Other relevant matters relating to the audit**_ 

We have discussed with you the fact that we provide accounting and payroll services to the company in addition to acting as auditors. We wish to confirm to you that in our opinion the provision of such services does not affect our independence as the additional services provided are of a routine compliance nature and the Board takes any decisions where judgement is required. 

The firm and the audit engagement team have therefore complied with relevant ethical requirements concerning independence. 



We would like to take this opportunity of expressing our thanks to your staff for their assistance during the course of our audit. Please note that this report has been prepared for the sole use of Skills for Independence and Employability Limited.  It must not be disclosed to third parties, quoted or referred to, without our prior written consent.  No responsibility is assumed by us to any other person. 

The purpose of the audit was to enable us to express an opinion on the financial statements. The audit included consideration of internal control relevant to the preparation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of internal control. The matters reported above are limited to those deficiencies that the auditor has identified during the audit and that the auditor has concluded are of sufficient importance to merit being reported to those charged with governance. 

If we can be of any further assistance, please contact Paul Chewter. 

Yours faithfully,