Règlstsrod number: 11813984
Ch•rfty number: 1188035
FORWARD2EMPLOYMENT
(A Company Llmit•d by Guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021

FORTWIARD2EMPLOYMENT
IA Company LIMIt￿ by Guarantee
CONTEPITS
Refer6nc• and Admlnlstratlve Dots11s of tho Company, its Trnstees and Advls•rs
Trust￿. Report
Ind•pend8nt Examln•rfs R•port
Statement of Finan¢i•l A¢tivltleB
Balance Sheet
Nolg¥ to the Flnanclal Stat•ments
9-17

FORWARD2EMPLOYMENT
{A COm￿nY Limitsd by Guarants•)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, rrs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 JULY 2021
Trustees
A Gillett
E A Halton
R J Halton
Company reglstered
number
11813984
Charlty roglstsrgd
numbgr
1188035
R8gistorod offic•
CIO Fortis Trust Churchill Avenue
Chalhsm
Kent
ME5 OLB
Indo￿ndent examinern MHA Maclntyre Hudson
Chartered Accountants
Victoria Court
17-21 Ashford Road
Maidslone
Kent
ME14 5DA
Page 1

FORWARD2EMPLOYMENT
(A Company Llmlt•d by Guarantso)
TRUSTEES. REpoKr
FOR THE YEAR ENDED 31 JULY 2021
The Trustees present their annual report together wllh the finantial stalement8 of the Company for the 1
Augu612020 to 31 July 2021. The Annual Report serves the purposes of both a Trustees, report and a di￿￿0[5,
report under company law. The Trustees confinn th81 the Annual Report and financral statements of the
charitable Company with the curronl statutory requirements, the rw4uiremenls of the charitable
company's governing document and tho prowsions of the Statement of Recommended Practice ISORPI
applicable lo charities preparing their accounts in accordance with the Finafte￿I Rèporting Standard appl￿ble
in the UK and Republic of Ireland {FRS102} {effective 1 January 20151 as amended by Updats Bu1￿1n$ 1 and
Since the C¢)mpany qualif￿$ a$ small under section 382 of the Companies Act 20C6, the Strategic Report
required ol medium and larg8 compani88 under the Companies Ad 2006 (Strategic Rep￿ and Directors,
Report) Regulations 2013 h8s been omitted.
Oblgctlves and actlvitles
a. Pollcles ond o14ectivg5
In setting objectives and planniro for acliwties, the Trustees have given due consideralion to genernl guhlance
published by the Charity Commission relating lo public benefft. including the guidance 'Public ￿narrt'. running a
harity {P821'.
Th& charity is established for the advancement of the education of persons under the 8ge of 26 years with
Special EducAtKJnal Needs, by providing arKI assisting in the provision of facilrties and services to meet their
educational, devekjpmentsl and swial wemare needs in order that they can achieve their full potential and the
n￿SS*ry skills to access employment.
b. Slratogigs for achieving objectlves
.Whol8 team approach to roi5ing aspirations by en¢our8ging interns to klieve in Ihemsefves and their
achievements.
.Teaching them life skills 9$ a group i.e*. travel training, heatthy living, budgeting skills and also adapting tha
curriculum to meet the needs of the individual.
A￿$$ to careers adwce and guidance.
.T8king adv8ntage of funding and grants to 8UPPOrt in the above actMI￿s.
c. Actlvltlos undertaken lo achleve obloctfves
.Trips as a group using buses, indrvidual royle training with decreasing support.
.Support wth making DoCtor￿ental appointments.
.Support to allow interns to find a suitable chanty to 8UPPOrt and then support lo allow fundraising for that
charity.
.Access lo 110 1 careers advice ro next steps, a$sisling wlth interviows, job applications. job seeking skills.
.BLbdgeling activities around shopping for food
•Advic8 and guidance sround benefrts availab￿ to inlems
d. Maln actlvltl8s undèrtaken to fvrther tho Company's purpo868 for tho publlc benefSt
Attending nthorking events, Sharing of inforniatvjn to bu$in9s5 partners Linkedin or via email.
Sharing infomwtion wf(h schools through car88rs nthork.
Page 2

FORWAAD2EMPLOYMENT
IA Company Umltod by Guarnnteel
TRUSTEES. REPORT ICOTrrnNUEDI
FOR THE YEAR ENDED 31 JULY 2021
A¢hlev•m•nts •nd performanc•
a. Maln achlevomonts of the Company
The charitabl& company was incorporated on 12 September 2019. ar￿ corrthenced its Charitab￿ activities on
the 12 February 2020.100% of inlems that start the inlemship go on to complete r( Ino drop OLrts}.Succe$sful in
888istr.ng inlems Into etther empbwnenl, further edu&8tlon or volunteering even durfng Cthrid -19 restricted
times.
Flnanclal rnvlew
a. Golng concem
After making appropriate enqulries, the Trustee8 have a reasonable expectation that the Company has
equate resources lo continue in operational t￿stenCe for the foreseeable future. For this reason, they
Continue to adopt the going concem basls in preparing the financial sL*emenls. Further details regarding the
adoplv)n of the gcwng concem ba818 can be found in th8 8Gcounling poliries.
b. ReseNes pollcy
The Charity held fund balances at 31 Juty 2021 of £29.90912020: £23.212} eonsi8ting of Un￿￿1¢ted funds of
£NIL12020= £NILI and restricted fvnd$ of £29.90912020.. £23,212).
At 31 July 2021 the total fvnds comprised..
R88tri¢aed funds
£29.909
£29.909
Structur•, govornaneo and m•nagorngnt
a. Constitullon
Fcfflrd2Employment is fegistered a8 8 charitable company limited by guarantee, and was 8et up under Its
Memorandum and Artkles dated 12 September 2019 as amended by Spedal resolution on 17 February 2020.
b. M•thod$ of appolntm•nt or •l•¢tion of Trustees
The management of the Company is the re8ponslbllty of the Tru8tee8 are elected and G¢)4>pted under the
tenns of the Trust d8ed.
¢. Fin•n¢ial risk m•nag*ment
Thg Trust￿ have asses$ed the malor rf8k$ to which the Company is exposed, in particular those related to the
operations and finances of the Company, and ar• satisfied Ihat systems and prccedures are in plao to rniligate
exposure to the major risks.
Page 3

FORWARD2EMPLOYMENT
IA Company Limited by Guarante81
TRUSTEES. REPORT IcoKfiNUED}
FOR THE YEAR ENDED 31 JULY 2021
Ststthiont of Trustees. responglbllltles
The Trustees (who are also the directors of ihe Comparsy lor the purposes of c¢Jnpany law) are wponsible for
preparing the Trustees, Report and the financial slalements In accordanc& wf(h applicab￿ law and United
lQngdom AGGounting StsrKlards (United lfjngdom Generalty Ac¢epled A¢￿unting Practice).
Company law requires the Trustees to prepare finsnelal statements for each finawal . Under conwany law, the
Trustees must not approve the financi81 statements unkss they are satisfied th* they give a tn* and foir view
of the Stste of affairs of the Company and of its incoming resources and appli¢8lion of resources, including tts
incomè and éxpenditure. for that perlod. In preparing these financial ststemenls, the Trustees are required to..
seknt SLFitable accountiNJ policies arKJ then apply them consistently.,
observe the mlhods and principles of the Charities SORP IFRS 1021
make judgements and accounting estimales thal are reasonable and prudent,.
8tste whethar applicable UK Accounting Standard8 IFRS 1021 been fo1￿￿d, SU￿eCt to any
material departures disclosed and explained in the financial statements..
prepare the finsnual stslemenls on the going concern basis unless il is inappropriate to Presum that the
Company will ￿ntinUe in business.
The Trustees are responsble for keeping adequate accounting records that are Surr￿leftt to sh¢y•V and explain
the Companls transacticffls and disclose wilh reasonable accuracy at any time the financial position of Ihg
Cornpany and enable them to ensure that the financial statements comply with the Companies Act 21x6. They
are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and dgtoction of fraud and other irregularthés.
Approved by ordef of th& memb9rs ol thg board of Trust89s and stgnad on Ihoir behalf by..
E A Halton
Trustee
Date.. 21 January 2022
Page 4

FORWARD2EMPLOYMENT
IA Company Limitod by Guarants•}
INDEPENDENT EXAMINER'S RepoRT
FOR THE YEAR ENDED 31 JULY 2021
Ind•p•ndent Examlnerfs R•port to th• Tru•t••s of Forw•ry12Employm•nt (Yh• Company'l
I report to the charity Tw8tee8 on my examination of the account8 of the Company for the year end&J 31 Juty
2021.
R•sporffjibilitI￿ and Basis of Report
As the Trustee8 of the Company land ils directors for the Purpo¥￿ of company law) you are re8ponsible for the
preparatiLYt of the accounts in accordance wth the requirements of the Companies Act 2006 Ilhe 20rA Act).
Having Satisf￿ my3olf that the accounts of the Company are not required to be audited under Part 16 of the
200S AGI and are eligible for independent examinatK*n, I report in respect of my examinalton of the Comp*nls
accounts carried out under section 145 of the ChaTities Act 2011 (Ihe 2011 Act'l. In carying out my examination
I have follthved the Directions given bythe Charity C¢Jnmission under 8e¢tion 145(5Mb) of the 2011 Act.
Indepond•nt Examin•rfs Stat•m•nl
I have eompleted my examination. I confimi that no matters have cowo to my attenticfi in connection with the
examination giving me Cause to believe..
a￿￿￿ting re¢oTd$ were not kept in respect of tho Company as required by section 386 of the 2006 Act..
or
the account5 do not xcord with those reGords: or
the xcounts do not ¢ompty wrth the accounting requirem8nts of Bection 396 of th9 2CKb Ad othar than
any requirement that the accounts gNe a XTue and fair, wew whKh is not a matter considered as part of
an independent examinatlon.. or
the a￿￿nIS have not been prepared in accordance vmth the methods and principles of the Statement of
Recommended practi￿ for accounting and reporting by Chartt￿ lapplicabie to charities preparing their
accounts in accordance ￿￿th the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 102)].
I h8ve no concems and have com& 8cro88 no olhgr Mattfj￿ in cOnn￿bOn with the examination to which
attention should be drawn in this report in order lo enable a proper undwst8n(luig of the account8 to be
reachtrj.
Signed..
Duncan Co¢hran￿DYet Bsc BFP FCA
MHA Maclntyr• Hudson
MaKlslone
United Kingdcffl
Dated.. 21 January 2022
Page 5

FORWARD2EMPLOYMENT
IA Company Llmitgd by Guarnntsel
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 JULY 2021
As rnstated
Tot81
funds
2020
Restrlcted
funds
2021
Total
funds
2021
Note
Income from:
Charitable activtties
Other trading adThiities
159,232
169.232
299
153.906
Total Incom•
Exp•ndltur• on:
charttab￿ activit'ies
159,531
159,531
153,906
151834
152,834
130.694
Total •xpendi￿ra
152,834
152,834
130,694
6.697
6.697
23,212
Nel movement In funds
R•conciliation of funds:
Total funds brought forward
Nel wrf)vemgnt in funds
23,212
6,697
23212
6,697
23.212
29.909
29.909
23.212
Totsl fund8 carrfed forward
The notes on p4e8 910 17 forn part of th8se financial statement5.
Pag8 6

FORWARD2EMPLOYMENT
(A Company Llmhed by Guarantsel
REGISTERED NUMBER: 11813984
BALANCE SHEE[
AS AT 31 JULY 2021
As reslat8d
2020
2021
Fixod asSOtB
Tangibkn assets
1.922
Z242
1,922
2,242
CU￿ont a￿ts
Debtor8
Cash at bank and in hand
1N16
124,378
30.754
124,378
Cr8ditm'. amounts falling due within one
yegr
10
{2.767
(103,408)
Ngt currgnt assots
27.987
20,970
T¢)tal not assets
29,909
23.212
Charity funds
Restricted lund8
12
29,909
23.212
Unrestricted fvnd8
12
Total funds
29,909
23,212
Page 7

FORWARD2EMPLOYMENT
IA Company Limited by Guarantèè
REGISTERED NUMBER: 11813984
BALANCE SHEET ICONTINUEDI
AS AT 31 JULY 2021
The Company was entitled to exemption from audit under section 477 of the CornPan￿$ Act 21)06.
The members have not required the company lo obtain an audit for the year in question in accordance wrth
sadion 476 of Compani8s Act 2006.
The Trustees ackntrwledye their responsibilities for complytng wth the requirements of the Act with respect lo
accounting records and preparatlon of finanelal statements.
The finan￿81 8tatements have been prepared in accordance wf(h the provisw)ns applicoble to entrtigs subject to
the small companios regime.
Th8 financial 5tatement5 were wproved and authorised for issue by the Trustees and signed on their behalf by..
E A Hakon
(Trusleel
Dote.. 21 January 2022
The notes on pages 9 to 17 form part of these finan¢ial statements.
Page 8

FORWARD2EMPLOYMEprr
A Company Umltod by Guarants•)
NOTES TO THE FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 JULY 2021
Accountlng pollcl•s
1.1 L•gal entlty of charlty
Fo￿ard2Empl¢j￿nenI 18 a charitable company limited by guarantee. wilh no Share capital, and is
registgrgd in England and wa￿$. The registered numbers, and address, can be found within the
ministralive details pag? of these accounts. The liability of members is limited. Each member has
undertaken to contribute a sum not 8xwding £10 1¢)wards the liabilities of the company in the event
of rt being wound up while they are a member or during a peritsj of 12 months after they cease lo be
a member.
1.2 8asls of preparatlon of flnanclal slatoments
The finanrAal statements have been Prepa￿ in aeeordance with the Ch8rltie8 SORP (FRS 1021-
Accounting and Reporting by Charitie8.' Statement of Recommended Practice applicabk to charities
preparing their a¢counts in a¢coTdance with the Finandal Reporting Standard applicable in thg UK
and Republic of Ireland IFRS 102} {effective 1 January 20191, the Financi81 Reporting Standard
appluble in the UK arKI Ropublic of Ireland {FRS 1021 and the CrAnpanies Act 2006.
F0rward2EMp￿enI mee18 thè defIn￿'on of a public benefft entity under FRS 102. A$8ets and
liabilities are inrfially recogni$ed at historical cost or transaction value unkss otherwise stated in th9
relevant xcounling policy.
Thè financial statements are prfjsentèd in sterling which is the functional currency and is rounded to
the nearest £1.
1.3 Golng concern
The financial statements are prgpar8d on 8 going concem bayis 8nd there are no material
uncert8intie8 that cast signffjcanl doubt on the Chantys abilty lo continue as a going concem. The
Trustees have considered the impact of Covid-19 as part of their going concem assessment.
1A Incomo
All income is recognised On￿ the Company has enlitlemenl to the Income, r( k8 probable that the
income wlll be received and the amount of income receivable can be measured reliabty.
Grants are induded in the Statement of Financial Adivitigs on a receivable basi$. The balance of
inccme T8￿￿￿d for specific pu￿0$e5 but not expendgd during the per￿ is shown in th& relevant
funds on th& Balance Sheet. Where inccme is receivad in advance of entitlement of receipt, it8
ognition is deferred and induded in creditors as deferred ineome. Where entit￿ment occurs
fore income is recewed, the income 18 accrued.
Other inwme is rocogni5ed in the period in which it is rec8iv&)le and to the oxtent the goods have
been provided or on rcthplelion of the 8ervKe.
Page 9

FORWARD2EMPLOYMENT
IA Company Umltad by Guarant••)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
A¢counting pollcl•s {contlnu•d
1.$ Exp•nditur•
Expenditure is recognised once there is a legal or conslructwe obligation to transfer economic
beneff( to a third paty, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be mea8ufftd rellab￿. Expendi(ure is classified by
actNity. The costs of eath activty are made up of the totsl of dir￿1 costs and Shared Costs,
including support ¢o$t$ involved in undgrtaking each xtivity. Direct costs attributable to a single
actNity are alcrtated diredy to that activity. Shared costs which contribute lo more than one activity
and 5UPPOrt costs which are not attribLrtable to a single activity are apportioned belween those
actmties on a basis consislanl with the usa of resources. Central staff ￿$1$ are allocated on the
basks of time spent, and deprecth'on charge5 allocated on the portion of the as5et'S Use.
Expenditure on charrt*)le actiwlies 18 incurred on directty undertaking the ￿tIvitieS which further the
Companls obiectivey, 88 well as any as80C48ted support Costs.
All expenditure is inclusive of irrecoverable VAT.
1.6 Governmènt grants
Govemm8nl grants relating to tangib￿ fixed assets are treated as deferred In￿Me and released to
the Statement of Financial AdNf(ies over the expected useful INes of the assets concerned. Olhgr
grants are credrted lo the Statement of Financial Activities as the related expendrture is irKurred.
1.7 Tanglbl• fixed wots and dopr•ciation
Tangible fixed assets are initkqlly r￿OgnIsed at cost. After recognition. under the cost modd,
tsngible fixed assets are measured al cost less accumulated depreciation and any accumulated
impairment losses. All costs incurred to bring a tangib￿ fixed asset into its intended working
ndibon Should bg I￿￿￿ed in the M&￿UreMent of cost.
At each reportin9 date the Company assesses whether there is any indication of impairment. If such
Indlcatlon exlsts, the recoverable amount of the asset Is delemined lo be the higher of ils fair value
less costs lo sell and its value in use. An impairment bss is recognised where the ¢awng amount
oxcegds the recoverable amounL
Dep￿cIall0n is charged so as lo alb)cate the cost of lanyible fued assels less thoir residual value
over their estimated Ltseful live8.
Depreciation is provided on the following ba$i$'.
Offte equipment
25% slraighl line
The asset$. reswjual values, useful Ilves and depreclatlon methods are remewed, and adlusled
prospectivety rf appropriate. or rfthere is an indiG*ion of a $ignifiGant change since the last worting
date.
Gains and losses on disposals aTe determined by comparing the PfDceeds with the ￿rryIng amount
and ar8 rgcognised in tha Staloment of Financial Activ￿0$.
Page 10

FORWARD2EMPLOYMEKr
IA Company Limit•d by Guarnnto&)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Accountlng pollcl8s lcontlnuodl
1.8 0•btorn
Trnde and other debtors ere recognised al th8 Settlement amount after any trada discount off8red.
pl￿aYMan1& are valuad at amount prepaid nel of any tradg discounts due.
1.9 Cmh at bank and in hand
Ca$h at bank and in hand includes cash and short-term hi9hty l*]uid invastments with a short
maturty of threa month8 or le89 from the date of aCquisit￿n or opening of the deposit or similar
account.
1.10 Uabllltle8 and provlslons
Liabilrtigs are r9cognised when there is an obligation al the Balance Sheet date as a resull of a past
ovenl. rt is probablg that a tran$fer of economic benefit will be required in settlement. and the
amount of the settlemgnt can ba estimated reliably.
Lkqbilities are recogniged at the amount that the Company ant￿pales it wll pay to settle the debl or
tho aThK*unt it has received as advanced payments for the go¢xl$ or services f( must provide.
1.11 Flnan¢ial instrum•nts
The Company onty has finanaal assets and financial Ikgbilrtigs of a kind that qualify as basic ffinanaal
irtslrumenls. Ba5iG financial instruments are initk?Ily recognised at transaction value and
subsoqugnlty measured at thelr settlement value with the exception of bank 108ns wh￿h are
subsequonlty m8asurad al 8morti$ed cost using the effeclive interest method.
1.12 Operatlng1oa888
Rentsls paid under operating leases are cherged to the Statement of Financial Activitie8 on
straight lin8 basis over the lease term.
1.13 Fund accountlng
Restricted funds are funds which are lo te used in accorda￿e with specific reslrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering $LKh funds charg8d against the 8pecifK fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
CrltlrAI a￿luntIng estlmates and ar•a8 of ludgwnent
No key judg&ments lapart from those involving estimates as disclosed in the notes th) have been
m*le in the process of applying th8 abov8 accounting p￿￿ley.
Page11

FORWARD2EMPLOYMENT
IA Comp•ny Limit￿ by Guarnntee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Income from charltsble aGtlvltles
Restrlct•d
funds
2021
Total
funds
2021
Total
funds
2020
ESFA grants
Other DfE revenue income
117,424
41,808
117.424
41￿8
114,202
39, 704
Totsl 2021
159,232
159,232
153,906
Income In)m other tradlng actlvltles
Income from fundralslng events
R•sirf¢t•d
lundg
2021
Total
funds
2021
Total
funds
2020
Fundraising
Analysls of oxpendllur• on charftable actlvltlos
Summary by fund type
As ftvslaled
Tot81
fvnds
2020
Restrlcted
funds
2021
Total
funds
2021
Educational support ¥ervrRs
152,834
152.834
130,694
Page 12

FORWARD2EMPLOYMENT
{A Company Llmlted by Guarnnteg)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Analy$i$ of •xpenditurg by activiti••
Activitios
und8rtak•n
diroctty
2021
As r8s18ted
Totsl
funds
Support
co•ts
2021
Total
funds
2021
Edwational support 9orvic8s
1,688
151,146
1S2,834
130.694
Analysis of dir•ct costs
Educatlonal
support
Total
funds
2021
funds
2020
2021
staff development
Student development
Supplies and rnaterials
1,045
427
216
1,046
427
216
3,114
2,823
Total 2021
1,688
1.688
&937
Paye 13

FORWARD2EMPLOYMENT
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Analysls of gxpendlturn by adivitl88 Icontlnuèd
Anatysls of support costs
Educational
support
sèrvlces
2021
As Avstated
Totsl
funds
2021
funds
2020
Subsislencg
Printing, postage and stationery
Telephone
AdvertiSin￿prOMotional
General administrativ& gypgn$es
Rent
Accountancy
Dopreciation
Motor exponses
Travel
Subscription5
Legal and profg$$ional f88s
Bank charges
staff wages
Charitable ¢¢Jntributions
HMRC filing penalty
Management charges
986
211
428
160
10,563
8,681
121
861
730
947
13,712
3,301
320
121
881
730
13.712
3,301
320
320
137
137
35
22
80.038
440
375
48,009
35
22
80,038
440
lOt.908
375
48.009
Total 2021
151.146
151,146
124, 757
Trustees. remuneratlon and frxpgnses
During the year, no Trustees received any remuneration or other benefrts (2020- £NIL).
During the ￿ar ended 31 July 2021. no Tntste& gXF4ns8s hava be8n incurred (2020- £NIL).
Pagft 14

FORWARD2EMPLOYMENT
(A Company Limitsd by Guaranleel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Tangibl• fixed assets
offl¢9
equlpment
Cost or valuatlon
At 1 August 2020
1562
At 31 Juty2021
2,662
Dopr•clatlon
At 1 August 2020
Charge for the year
320
320
Al 31 Juty 2021
640
Not book value
At 31 July 2021
1,922
Al 31 Juty2020
2,242
Dobtors
2021
20
Due wlthln on• year
Prepayments and accrued incom8
1A15
IN15
Page 15

FORWAR02EMPLOYMENT
{A Company Llmlted by Ouarant••)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
10. Crodltovs: Amounts lalllng duo wlthln on• ygar
As rgslated
2020
2021
Other creditors
Ac¢rual$ and deferr9d incom8
tOl.908
1,5LXI
2.767
2.767
103,408
11. Prioryg•r adjustm•nts
A prior year adjusthent of £101,908 was made in Ihe year ID increase other creditors and increase
expendtture of £101.908 in relation lo wages for the previous financial year. As a result, the profil for the
y8ar ending 31 July 2020 has decreased by £101,908 10 £23,212, and the net assets of the Charity and
the re$lrided funds carried forward al this dale have now decreased to £23,212.
12. Statsment of funds
Ststsment of funds - ¢urron¢ year
Balance at 1
August 2020
Balance at
Income Expendfture 31 Jufy 2021
Restrlcted funds
DIE IESFA revonue grants
23212
159,531
1151834
29,909
Statemant of funds- prior yoar
AS rest8ted
5dan￿ 81
Income Exp￿IdIt￿re 31 July 2020
Restricted funds
DE ESFA revenue grant5
153,906
(130.694)
23,212
Page 16

FORWAR02EMPLOYMENT
IA Company Llmltsd by Gu•ranl•el
NOTES TO THE FINANCIAL STATEPIENTS
FOR THE YEAR ENDED 31 JULY 2021
13. Analys15 of net a88•ts between fund8
Analysis of n•t ass•ts b•tw￿n fund$- current y•ar
Reslrid•d
fund$
2021
Totsl
fund$
2021
Tangib￿ fixed assets
Current a$5ets
Creditors dug Within one ygar
1,922
30,754
12,7671
1,922
30.754
(2.767)
Tolal
29,W9
Analysis of assets b•tw8en fund5 - prior y88r
Restiicled
funds
2020
Total
funds
2020
Tangible fixed assets
Current assets
Creditors due wrthin one year
2,242
2.242
124.378
124.378
{103,408) (103,408)
Total
23.212
23,212
14. Op•rnting ha#• eommitm•nts
Al 31 July 2021 the Corrwny had commrtmenls to make future minimum lease payments under non
cancellable operating leases a8 fc4k)w8:
2021
2020
Not later than 1 year
9,369
9,240
16. Related party transactions
During the year, the chanty paid £80,03812020'. £101,908) In relatK*n to staff wages and £48,009 (2020-
£Nill in relation to management Charges to Forbs Twst which is an academy trust. Tha eharW8 Iruslee E
A Hatton is also the v￿e principal of Fortis Trust academy trust.
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