Digital Advantage lof th• Yur Endod 31*Jly2024 DWtal Adwants8e Ref•rerK• and knln15tratl¥e Dets115 Th￿te•s, R•port 2to8 ofTNstee5' Resp￿ltIeS Indewdent Exarnlnerf5 Report Stat•ment of FlnandAI l£tMO li n¢•Shi•l Notys tothe Flnqnd•l Slotemmts 14to27 Chalnnln Mr Mkhael Anthony McNam• Mrs S•Trh-J¥r* frAulqu*H•rye• Mr5 Naoml Lou15e nmp M155 ok4￿? M•yAlns*Y>rth Mr PhlllpArnold T•• Mr CEO Mr S*amus Mannlon. COO C•m11￿ Ow H•ad olColl•p IDISQ Prfn¢lp•l Olllt• FkK H￿￿ake Hou Hano¥ef Stre The Moffatts PartMrnNp LLP sY￿e Ll. M Sal• M33 7RR al Advanta8e Trustees. Report The trustee5 present the annual report together wlth the fln8n¢lal Statements of the tharfty for the year ended 31 July 202 Objertk￿S and &cll¥ltles The Objects ofthe CIO are: al To promote 50dal I￿U$l0n for the publ[¢ benefit by preven￿nI Peop￿ from becomlng 50clally exduded, relleving the need5 of those people who are Socially excluded and assistlng them to Integrate into sodety, In partI￿lar. but note¥d(&¥ety. sUPPOrtln8'. 11 youn8 people 111 d15abled peoplè 1111 people wlth 5pÈdal educatlonal needs iv) people wlth Ilmlted dl8ttal 5kllls vl unemployed people. bl To act as a resource fr*r soclalty excluded people by provldln8 ad¥ke and a5515tance and organ151n8 programmès of educatlonal and other attlvlties as a means of developln8 the1rd18￿al skill5. capacltie5 and (apabllltles. 11 Young people. We ha￿ contlnued to t•Mk wlth youn8 people across the NW and Into Yorkshlre. to reducèd fundlng we have reached fewer youn8 people this year, but those that we do reath, many of those are from deprfved and hard to reath communltlès. WÈ p￿ded tralnln& 5UPPOrt. advlce and 8UIdan￿ to one School IEden Boys) from maln5tream ed￿allon.. and enabled a 5EMH School In Bradlord to en8a8e wtth a local communlty eroupto revlve a culturnl a￿h1Ve and produce a play. 111 Disabled people. Our Independent Spedaust Collegè DIS4 15 based In Manthester CSty Centre. Durfn8 thls year we provkled the SEND communlty 34 ptzces on our pre and SuppDrted IntemshSps. Our Interns came from M•nch•ster. Salford. Bury, Bolton, Trafford. Oldham. Tamesld4 Stockport. Rochdale. Cheshlre East and Halton. We also pro￿ded 6 places on our Altematlve Pro￿5100. We atso be8an a pllot PTOgfamme wlth Manthèster Clty Councll and 0￿ tts pThided Supported Intefnshlps to people vAth a SEND dla8nosls but wlthout an EHCP. We worked In partnership wth Greater Manchester Leamer Pro￿der Nen¥orl Llverpool Clty Region Comblned Authority Lancashlre County Councll and Future U provldln6 help, èxpertise and 8uld8nce to them wlth supported Pathwa￿ to help8etSEND young people Intothe dl81ts1 workforce. 1111 SEND. We ha¥e dellvered serylces to 150 young pÈople wlth SEND. partlcularly those wtth Autl$m. We have developed a Ser￿Ce for us to work wlth Sthools and Colleges by provtdln8 Qutreath tralntnB pro8rarnme5 and Alterna￿ve pr￿s1on. As Dlgltal Skllls Partners we can help wlth currltulum, tralnln& work experienc4 careers athilce, cornmun5ty en8a8emtnt and prosresslon routesfor their 5tuden& alon8slde dlgltal CPD forteacher Iv) People wlth Ilmlted dlgital 5klll& Our resouytts have been focused on SEND prlorltle5 thls year and fundln8 for th15 groupls Ilmlted. vl Unèmployed peopl& We applledfor iwjtdld not8et fundlng for these pro8ramme5 havln8 concentrated on DISC Pa8e 2 Dlthal Adbqntage The prlndpal SOU￿ of fundlng Is for OISC ¥ia ESFA and Local Autknwtty We hwe 1kbElop￿ a fundralslng strategy but have I￿t depw thLs as yet We r￿ue to appPy yants frorn fuThllry bodles foundatton5 that P￿orIt1$e educ•tton and tralnlnB for SEND people and othersthat ffl•￿ s0da1lyexd￿ l trusiee5 are familLar wlth our purpose and are. to de0￿ acti¥dy Invofrfftl In helpin8 us thl This maybe throu8h athw thwh bu5V*ss net*uts to crEate industy work5h)p5 and ernpl¢)wnent opportunities IABI: prtrddln¢ a voke lor YOU￿ people T*lth TNed experie1￿¥ of add￿OnI1 need518MHI: using their txperler¢ce In edwa￿￿ to debpk>p our L¥lit￿uM and educath>n networks IDA PA): workln8 wlth employees to support NeUrOd￿￿5e stsff ISMI; ND empl￿ throu8h le8al DEI ￿WorkI and e*nts IKDI and en5urin¥ sourHI flnanckl controlsforusto do th15IMM). been effe¢th* In th¥lenskn8 knlor Leada5 in th•r Èfflcacy kn ddlth¥ The trustees haw •n9Jred they caryy wt the objediwes for the publk benefft arrfl have Iln accordarKe wlth $17 tharitSes Act 20111 had relard tD¥ui&tte pjbfthd trrftheowrlty pubNc benefft Wh￿ exerctstr The trustees confiTh that thry have CLwnplipd vAth tr* ￿UIrements of s￿tion 17 of the tharltle5 Act 2011 to have due re8afd to the pubk benefit Buidanopublishd bythe c￿rIty Comrrthk)n for Ertynd and wa￿ We are in rerelpt of Sodal In¥e5tMt loan frnm Charths Abj Ftyjndakn. whith Nns Illl 202& We haNE plan5 to extend thi5 atthe presert ￿rne. We are nota yant rnakI￿ kndv. We have engaged 7#￿I￿nteerS th15 year. From the #rate8k Irfi￿ d theTrustett and B￿r￿ ofGob*mLYs to the Snput from IrKIustry speakets at D15C arrfl srffie r young people wlth EHCPS age 1&24. DISC p￿￿deS appropflats supported routes to young peopleto help them overcome barrknsto employment In the dl8ltal ecthwmy. Students art based fvll.tlme In our dlgltal agency envlronfflent workln8 woth u5 to develop thelr professlonal practlce and Industry sklll& They work on Ilve bdefs for buslness partners keen to pro¥lde employmentopportunbtles golni forward. We havè refined the orlglnal model of delfverfjn8 solely to supported Imems to Include pre and P¢￿ tntemshlps.. o Prtrlntemshlp5 - to meet Ir￿eaSed demand for our 5er¥ke for th)se youn8 peopje vkno are up to 3 years from employment at thelrtlme of entry. o Post-Intemshlp5 are des18ned to provldè an addltlonal brld8efty a small STOUP of 22n3 Supported Interns to zld thelrtransltlon Into employment. alongslde youn8 people. Our proye55Fon rates were excellent wlth 7 out of 8 Supported Interns movlng onto posltive de*lnatlon5 . worK fvrther or hlgher educatlon. - and a further 26 pre and p05t Interns to D15C for 24125 or movln8 onto Increased employment orFE proyammes e15vwhere. Page 4 Dl8ftal Advantsge Trustees, Report Your DNA Your Dlgit31 New5 A8enty15 a pro8F3mme for s￿￿014 ¢olle8e5 •nd communlty oroups •nd15desl8ned to pro￿de the gki115 needed to create great stories about toplc5 that mtan i lut tothe Par￿tIpa￿t. We prtr4ld# allthe skllls needed to develop and tell storles from a communtty, develop o webslte and brand, vthllst developln8 the ￿1115 vou need to qel work In thedl8ltal economv. Wh115t fvndlw has r#malned tlght. thls has bt•n a popul•r proBramm• SEND schools •nd colle8e5. Yow ONA has been ourpradornlnant outreach delfvery settln& re4chln8 ISOyoun8 people thlsye•r. DA OnlSn• Is • sulte of *lder>led, Inter¥dl¥e tralnln8 delK*red by Industry experts. Almed at developlng entry level skllls for oll *udents of all a6•5, th• trnlnln8 Is de518ned to be supported byelther teathlno stsff or by ounefve5 provldl feedback on 5ubmltt•d work so thatstudants cin pro8res1 ￿th conffldence. The coursecan be dellvered tgwhole cl¥sses or srnaller 8roups and work acrt*ss any plarform Indudlni S•e5aw. Google Classroom. Zoom oi MS Team Subjects Include PhotO8faphy. Vldeognphy, Web Oestgn. Storytellln& Podcastln& Brandln8 and Eficrypt￿n, wilh more In development. There are 60 GLH and can be accredlted Level I Creltlve and 018ltal M•dla. DA Onllne contrlbutes to stsndard15ed, Industry-led leamlnu for beneflclarles of our exlstlni face.tO•fac• pro8rammes Icro the North-WesL Thls has bo•n shr•d wlth all Khools partlclp1t1￿ In Your DNAto furth•rth• Imp•ctofth81rprol¢rttA￿ and to en¥ble ￿dItIonal studènts to bulld w￿h dlikal skllls In • rn•nn•r th•t ffti tlthh thqlr I••m1￿ style. T••ch•rUID lffjdao tutorl•ls for tt•chers glvlnithem the sklllj and confldence to rn•naie a dl8llal prolett for thelr sthoollcolleie. Th•Je Include Goo8le Sltesweb Desl8n ¥nd MJnJ4Sni ¥ D￿lts1 Prolect. Thls hès bqen undert4ken by 34 teKhers, Popup Dlltsl For Secondary Yearn 11>13. Our Pop-up Dl8ltal A8ency Is ddlvered •$ a 54ay Wofk expertenc• at the Khool or colleBe. Drfven by on Industry profésslonal and local employer It helps students d•s10Th. dwelop* plan, and dellv•r dlwtal buslnESS proposltlon. Our ènnual enterprls• competltlon lslud8od byin IndLbStry pan41 vhth iupport pro¥lded to wlnnlnB xhvols Th•re have been 2 dellvedu of Popup Dlgjtal 4ency Mlf.fund•d by a coll•8• thlsyear Employw•n8•pm•nturnp•l Get Aut15m Iwww.GetAutlsrn.ukl Is our 4mploy•r focussed campal4n alrned to rnlse avrnrèness of the hldden talents wlthln the SEND communlty, but also supportemployer5 wlshln8 to ?thIEve rnore neUrod￿er51ty arnongst thelr workforc•. The ultlmate alm15 to p•rtn•r w￿h prvgressfv? orynlsatlonsto Incra•se thE OPPOrtunliles va113ble to outs and other Interns. (h•rnll, we athleved the tsr8ets set cArt In our pl•n ¥th115t underyt•rfomiln8 on our toryets for erternal fvndlng. Slnce COVID It Is reco￿lS¢d that the fvndln8 envlronment for educatlonal provtslon Is extremely tl8ht. W• worked wlth an external con5ultantto de¥elop a Gmng 5trate8y. Thts wdl tsk• som•dm• to act￿¢e. We nelther southt nor rn(•lved add￿lOn￿l IrNestmert durknsthlsperlod. Pa￿5 Dl8ltal Advantage Trustee5' Report FIn￿rIal r4¥lew At thé tnd of the fftnanclal year to 31 July 2024, Wtal Advarrta8e remalns In è stron8 and stsble financlal posltlon, We gener¥¢ed J totsl Income ot £909,22912023: £498,640) , dtmonstratln8 cont4nued Brtswth and reft•rtln8 the P051tlve Impart ot our work. After coverlng all operntlonal and dellvery costs totalllng £863.39212023.. £525,175) wt achleved a 5urplug of £45,83712023.'1£26.53511. whlch wlll be relnvested Into the charW5 future development iryl dellyery. of 31 Juty 2024. our tot•1 rosaN•s stood •t £34.73012023: IEIL10911 . comprlslna £30.63412023: £NIII In restrlcted funds Iwhlch are commltted to speclflc projects or purpos•s In th• comlni wr), and £4.09612023: 1£11.10911 In unrestrkted fvnds whlch support the da*to.diy runnlng of thè charlty. It remalns our alm to Brow our urbrestrf¢ted resgrves over tlme, In IlnE wlth our re5erve5 poIIcy* to Pro￿1( 8re•ter l008.term S￿￿rIty and fl•xlblllty. The thjrlty 15 welkposltloned to contlnu¥ ts posltlw flnanclal trajectory. W• •xpKt Incom• to irow ai•ln In the ftn•nclal year endln8 31 July 2015. milntalnlna the rteady upward trend w•'w s••n y••r on y￿¢. Th1$ 8ro¥rth wlll al￿ h•lp tss mo¥e closer to M8•t1￿ our reseNes taryèt bytht énd of FY27. V1h1￿ w• hw• som• •￿s￿￿O I￿nI, th•M w•r• taken durln8 th• knltthl xtup of our collw proV￿10n ind •re siriiciured wlth d¢•r repJym•nt p14n5. In￿ortIn11V. all current Ind plann•d growth Is b•lThg fund•d throu8h our awn r•s•Th•J. t•Ath no r•llanc• on •xt•rn•l fund1￿ r•qulr•d. Lookln8 aheid, our flnandèl plan5 for the next two y•aTh, whlch Includos settlng up a second slte. shows further Towth ¥thll• r•milnlnB ftn•ncl•lty sustalnabl•. Thls •pproath •nsure5 we can contlnu• dell¥erfn8 hl8h-9u•IIty s•rkn and expand our r•ich, all Wh1￿ workln8 tow4rd$ the lontrterm fin•nd•l io•ls set out In our r•s•r4 polky. Palt 6 months of expendltyre. trurt•os rec(v￿• that any T￿1 tske tlme th Wld arKI hope to •dkn thks over • 3.5 ￿r perl¢)d. the event of short.ttrm fbnandal flU(￿at￿￿. The fflajorlty of our re5eThe5I£￿,634j ￿ rethcted fvnii5. whkh h•ve been recew 5pth wyjsos •Thl f*lll b• utlll*d In th• fdlty*tr4 Ilmnthl yt•r In •¢rtyd•rKe wlth dorw restrlcllons. We •lso hold • MMII amtyjnt olunrostrkt•d fvnd$1£4.0961. t*Jhkh os%•ml•l worklw ¢•thl. Thw• fvnds pro¥lde fFexSblllty for the d•Y-l￿1¥Y opeTrYons of the d￿rIty Ind 5UPPOrt the C￿tIn￿lty of our ser¥ic•4 enabll us to respond pl¥￿P1￿ to unlor•se•n expenses or d•*5 In l>Jr 15 to 8row the Ivlel ot unrestrfcthd rts•rves ¢Mr t6m•, In Ilne wlth rns•rKs polky. to our flnanclal re5111ence •nd 5UPPtyt loni.tenn su5t•ln•blllty. Our res*r4•5 fft Is r•44Aw•d to •rfjur• th•t the1•4*1s hdd r•nwtn approv￿ to the ¢h•rW5 needs •nd obllqatlonL The prlndpal source of fvndl￿ Is for DISC tAa ÉSFA aThl Loc41 Authorlty fundln8. We have developed i ￿ndraI￿ni str•leBV but h•¥e ntst dogloyed thb •% yeL W• conthue to appfy fty wnts Irom fvrrtI￿ bodles and fr*undatlons t￿t prl¢xii15e edutsii￿ and tra1ft1￿ fof SÉNOw8 peopb*•ndothersth•t ma>*• 50cWly exbudod. Plans lorlutur• pwloth EXpanS￿n to a now slte ts bel￿ ￿Inned lry SeffjeTrthr 2025 wth Measu￿ belni tsken to ensu￿ th¢ Ch•rlty fulllls rewlatory obll8¥tkxa and finwKlal requlremthits. stakeholdas Indudlnl E5FA •nd Loul Authorltl are en8a8od In cth)vqNtlons Its￿rt thls expan5I0n. Th• charfty Is controlled lry115 a deed oftrustand cor￿￿uteS an ￿1n¢￿￿1￿ddbar1ty. There were no Trustee5 Appobnted dwlnithts pwknd. Trwt* Roport All Trustees ha* r¢tÉk*d &uldanc• Iwed to TA￿10& ty th• c￿￿nth. In •ddltlon. all trust••5 •re rn•de •ware ofthelr ststutory obltgatkn5 to: al KeepSn8 chlldron sale In edu¢•tk Th• CEO h • dlr•ctor ofthe al￿¢0￿￿ty. SENOCod• Th• charity•nt•rnd * H•adsofA4rOon￿rt t￿th SENOCod•. a ac¢losety 4*r*J T•lth th•Sr mbsknn and wrpos•. The Charlty runs an wbni Atsk w•srni tool th•t Is m•kntslned by ¢)ur COO Ind by the Exrt fxoup. Ind 8oard of Tru￿￿ The prfnclpal flsks 4t pw•s•nt •re rtht•d to •n Otst•d In5p•thn ts du• b•hr• Stplomb•r 2025 •nd th• •xp•nslon of DISC cdlw to •I￿•r5ft• In S•pt•mb•r 2025. We had in Olst•d Monltorlni Vlslt In Jan Wji 2024 and w•r• d•om•d to ￿ m#ktr¥'R••son•ble Prow•ts' Sn 411 •r•a& Slnc• tht tIrn￿ w• h¥e employed x rowAtsnt weekly t*lth the lea￿ to und•rt•k• • Quallty Assurnnce 08nmm• wNth Is op•rathnalls*d thrwh th* ryln8 Collrye Imprry4￿•rt Pl•n (api. We h•¥• also brouiht In spKWlsts In ￿te￿IldI￿ ar￿ Ttsidlrq •rKI L•wn*q to Improw ow s¥st•ms, pracbte •nd wld•nce recordlni. Th• •nnual r•part was apwo¥•d ￿th•trt￿tts ofth• thMIty on IS 202S and skned on Its bèh•lf by: Athley Boroda Chalrman and Trusth• Unlled KIn￿orn A(ctyJn￿ft1 Staftdards Iunlted Ger￿llY Accapted A(wJntlfy8 l*artlcel arthl applIcal￿2 lawand rewdatlon law appllcable to ch¥rltles requ1￿$ the trwtee5 to wep•re fin•rKW st•teTronts fry exh finandal year T*hkh • true and f•lr vkw of ￿ st•te of of the dwrfty •nd of the Inc(xnl￿ re5(Wr￿ and appllcitlon of resourcos Lrfthe tharKyforth•tpwlod. In Wep1rf￿ thtte ItnxKkl the trust••54re reg￿led tw. selert 5ultable accountlnlpdldes arml then appfy conststently, • obseThe the methods and ylndpkn In the Charltles SORP, mJke lydgements and e5t5mate5 thatare reasonable •Thl prLtht: st•te Tlrtther ¥pplk¥ble accountlns stsAda￿ hh* be•n wbjea to iry ffldterb￿ dyrtur dlsclosod and In th• tINnthl ststonrt. and prepare the ftnandal #otements on b•sls url•ss it bs InapPropr￿t• to wewrne th•t th• ¢hzrty ￿11 contlnu• In busln•sk Th• trustees arn Tespon51bk Iw k••p*¥ syoper •¢¢•th rn¢tyds th* dl%lose INK￿•bI& ac¢urKI ¥t Iny tlm• the lkn•nclal posttlon of the ch•rlty and them to ensure that the flnbndal statthTMts compty wlth the Ch•rttl•s Art 2011. the Ch4rfVes I*Lcwnts and AqM￿ts> Rwlatlons and the pi01rf￿0rn ol the ￿nStItUtIOn. The trustee5 also r•swsfjblo fof Mfw•rdlrw the •ssets of the thwrfty ¥nd h•nt• lor tskln8 reason•b￿ st•ps for the preventlon •nd detec1k￿ of frathl *)d other Irrn8ularfUek The trurtees rwonslbl• for the rnlnt*n•no *Thl Irrt•ylty ofthe covpor•ts and I)n￿¢￿ 5nfomi•tbon Indud•d the tharitsblt comp•rfs ￿b56￿. L4151th 8o¥•rnlre the PTrparntl(￿ and dkn%emln•Von of fin•ndJl Apyo%*d by the inrt•tt dth• d￿rItyan IS Mry2025 •rn1 its b•h•Wty: Ashley Borod Chalrman •nd trustoe Independent Examlnees Report lo th• tntstees of Dl8ltal Advanta I r•portto th• trusw on my •x1ft￿nI￿jft ofthe•c¢ountsol LWOtIl Adv•efor thei*ar ended 31 July 2024. As the charlty trustees ol twal Pth•nWe •re lor th• woparatlon oftht aEtounts In ac¢urthn¢• the requ￿ oltheCh•rlth Act Xlllllhekry I report kn respect of myexarnlnatlan ofthe IY*ial *Afr4anWe's arcounts carr*d out under strtlon 14S of the 2011 t and In urrylno out my exarnlnltton I hm folkn**d ￿ th• applkatde 1xr￿(lon5 fven by the ChJdty Commlsthrt und•r*rtk>n 14515Mbl oftheArt Slnce 0SOial Ad¥antW'5 8r055 Incom •x¢wd•d QS0,1)Xl ytyjr •wwnknff b• • m•mb•r of • body Ilrtqd ln sectlon 14S olth• 2011 Act. l oynfflrni that l am qu￿1￿ed to undwtake the tx•mln•tkJn b•cauM l am • m•mb•r of InsUtut• olCharter•d Actourttsnts In Entsnd ¥nd Wale5. Ththkh Is oneofth• Ilsted bodl*s. I h•¥e cornpleted my exarnlNtlon. I confirm thit M m•tsrt*l mattefs h•w em tr) my •tt•ntlon In connttuon wSth th••xamln•llon 8Mn8 m• caus•to belkne that In •ny m•t*rtd re5P•rt: l. account1￿ rec¢Yds wer• not keptln re5Pert of 0¥￿1 Att4￿￿￿1% r•4ulr•d bymttton of the Affj. or 2, the accounts do notaccord wlth thom recordi: of 3. the •ccounts do not c(#nth ¥thh th• Kctyjntlw I•4￿M￿nts Con¢•m1￿ tho forn) and Contsnt of•ccounts t out In th• C￿rtIleS (Attl￿nts and Roport51 Rwil•tknrA 2008 other •ny fe4ulr4mtnt that th• accounts and lak ¥lthv' T*thkh Is not • mJtt•r consld•r•d as part•f*n Inde￿ndant*￿ImIft1tk￿. I no conctms and hi4* tame acrw M oth•r m•tt•rs In connettlon wlth the •xarnln•tlon to whkh •tt•ntlon should b• dr•wn In report In ordor to qn•bk • wopar Undery￿￿￿￿OI the Kcounts to b• r•ath•d. n Saxon teot rterqd A¢cwrt•rts In En*nd and Wales The Moll•tts Partswrshlp LLP Chrtered Accountants SU￿ l.LJa¢kson Hws• 51bson Rood Sjle M33 7RR 15 May 2025 Pwio Dl8ltal Advants8e Statement of Flnandal Actl¥ltles forthe Year Ended 31 July 2024 funds fund5 Not• In¢om8 and Endowmentslmm: Donatlons and le8acles Charitable artMtt•s Investment InC￿e 6.640 87L952 37.274 87L952 101,638 397m2 Totsl Income 878595 30.634 909.229 498.640 EXpendI￿re on: Charftsble ac￿e$ 863.3921 1863,3921 1525.1751 Total expendlture 1863.3921 863,392 1525,1751 Net incomè1lexpend1￿reI 15,203 30.634 45,837 126.5351 Net m¢)vement In funds 15.203 30.634 4S837 126.53$) Recondllatlon of furtds Totsl funds brou8htforw¥rd 111,1091 11,1091 15.426 Totsl funds tarried fonvèrd 19 30.634 l ofthe a(bviliesderive frun contSnuln8 operztlons during tht abtsve two pertod5. funds bwkdown for 2023 15 5howTr In note 19. The noteson paBe5 14to 27 ftirni an integrdl part of these lkn•nclal #atement Pa8e 11 {Relstratlon number: 1188836) BaL)nce Sheet as at 31 Juty 2024 Intsn8lbl• asm Tanilbjè asséts 857 51.858 14,283 14 37,901 147.284 17.629 In.081 Cash It b•nk I￿1 In ￿nd 185.185 189.710 49.636 N•t(urr¢nl 120.187 140.074 172.045 154.357 17 1137.3151 165,466 Funthdth• (thwlrr. r1•5trkted lund5 30.634 Unr•strlct•d fvnds 109 The fftnanclal 51atements on pa8•s 11 to 27 w•r• •pprth*d truttrts, 4ulhorW lor Iswe on IS M•v 2025 and slin•d on thtlr behwlf by.. Ashley Bor(MJ Chalm*n TnJst•• The noteson pys 14 to 27 form an Inte8rnl ofthese finand•l #atement& Page 12 Dlgltsl Advants Cash Flow Stalement forthe Year Ended 31 July 2024 2023 Net Ush InMmellexpendltur•l 45,837 6.5351 Adjudménts touih 110￿froM It•mi D•predatton In¥estm•nt Incom• 18,687 131 64.S21 (U5461 w0￿1n8 ￿PIll1 ¥dlusthi•n Ilncreaselldecrease In debtor5 Incruse In credltors In¢reaselldocre•MI In deferred Incom• 14 120,2ni 11.622 16 4,517 333 N•t ush flows from operitirw a¢llvltl 26,178 Interest recelved Acqu151tlons of tan8lbl• ais•ts 56,262 9.916 N•t C¥sh flows from In¥ertln8 aCt￿IdeS 156,2591 19.9161 Cath fvT•A from fInarK1￿ 4Ctl¥ltl•i R•payrntnt of b4fik borrowlnis 26,382 2,122 N•t d•cr•a5e In ￿¥b •nd ush equlval•nts 124,7971 138,2161 210,297 Ish and c•sh equlv•lents It l Auw5t 172,081 Cash and c*1 •qulvaknts at 31 Julv 147.284 171081 All of the cmh flows •r• d•rfv•d from contlnuln8operathns durtnith• •boNY h¥0 p•rl¢ds. The notes on pJue5 14 to 27 form an Ints8ral yrt of these thandal statsment Page 13 D*ltal Ad¥antage Notes to the Flnandal Statements for the Year Ended 31 July 2024 ststementof compllBn¢• The financ￿1 statements h•¥e been prep4red In accorthnc• wlth the second qdltlon of the cha￿1￿e5 Statement of R&tommended Prad¢e155ued In October 2019, the Flnanclal Reportlng Standard appllcable In the Unlted Kn8dom •nd Republk of Irellnd IFHS 1021 and th? Chorltles Art 2011. •ath ol PT•par•tloTr 0181101 Advantage rnaets th• d•finlilon of a publlc btft•fit endty under FRS 102. Th• accounts lfln4ncl•l •tementsl hm b••n pr•p•red underih• hlstorkal cost ¢onventlon wlth Items r•co8nls•d at ¢ost or t￿n￿￿[On v*lue unless oth•rwls• *•ted In the r•l•vJnt notelsl tothesè iccourtts. fjol￿ conc4rn The fftnanclal Statements hwa b••n prepared on con¢•m hils. Th• trustoes •55ess wheth•r th& us• of golng concern Is approprlat• l.e, whèther ther¢ •re any mat•rlil uncert•ln11•5 felat•d to •¥onts or condltlons thit miy cart slanlllcant doubt on th• ablllty of th• chirsty to contlnue as A 8oln8 cOn￿m. The tnth•s m•k• th55 In re5PqCt of a p•rlod of ona year from th•d•¢• of •pproval otthe fln4ncl•l st4toments. Incoffl• and•ndtyAmert• Voluntary Incom• IndudlnB don•tloni, ￿fts, l•Bacles and yants that P￿de core fundln8 or are of a 8en•ral nature 15 reCo￿l￿d wh•n the charlty has entltlèmont to the Incom< It 15 pTobibl• th•t th• Incom• wlll be racalved and the lmountcan b• meuur•d vAth sufficl•Tht r•llablllty. Grants are rocwlsod when th• th8rlty his an •ntltlement to the funds •nd any condltlon#15nk•d to the 8rints have been met. Where p•rfomance condltlons •Te •ttached to the 8r¥nt and are y•t to be m•¢ the Incom• Is reco8nlsed as a Ilablllty and Included on the balance sheet Js deferred Income to be released. D•f¢Tred Income represents amounts r•c•l¥od lor fvture perlods and Is fel•¥s•d to Incomln8 r•sources In the rlod for vthldb. It boèn rKelved. Such Income Is only deferred when.. . Th• donor speclflq5 th•tth•8rant 0rdona￿on must onlybe used In fvture accountl*)8 p¢rlods; or - Th• donor has Imposed condltlons whldb must be met belore the charttyhm uncondltlonol entltlement. Dl¥ldends are reco8nls•d once the dfvldend has been ded•red and notlflcatlon has been rÈcel¥ed ot the dfvld•nd due. Pa8e 14 Dlzftal Advantage Notes to the Flnan¢lal Statements for the Ywr Endod 31 July 2024 Income recel¥ed for provldln8 8oods and servlces In return for a fee 45 part of the charltable artmtlesls recoenls•d In the SOFA to tht Èxtent that th• chartty has provlded tr* servlce or loods. Where Income Is recelved In advan and the charity doès not havè entltlement to thos• resources untll the 8ood5 or geNlces ha¥• b•on provlded the Income recelved In advance15 deferred un￿1 the charfty becomes entltled to the resvurces. Income derlved from pÈrfOm￿nCt+re1at•d 6rants th•t Is condltlonal upon the dellvery ol a spttlfied lo¥el o1seryk• Is reco8nlsed to the exlent that the charlty has provbded the ser¥lc•s orsoods. Expendttur• All expendlture Is reco￿lsed once thora Is a le6al or constnKtlve obll8ptlon to that ￿PendItU￿. St Is wobable settlement 15 requlred and the amount can be Meas￿r+d rel￿bly. ￿1 costs are illoc•ted to th• appllcab e¥pendlture headln6 th•t awe8•ts slmllar costs to th¥t category. Whère costs cannot be dIreCt￿ attrlbuted to p•rtlcular headlno5 they have been allouted on i ￿$1$ tonslstent wlth th• use of resources wlth centr¥1 5tsff costs allorated on iha basls of tlme spent. and depredatlon tharq•s allocated on th• pOrt￿n of the us•. Othor support corts •r• allocatsd ￿$•d on th• ipr••d of 5t•ff costs. Chirltsble expendlture comprlses thoso costs Incurred by the ch•rlty In the dellvery of actl¥ltl•i and *rthceJ for Its benefflcl•rtes. It lficludes both costs that un be allocated dlredly to Such 4ctlvltle5 and thos• costs of an Indlrect turt necessary tosupport thom. a¥ern4nce costs These Include the costs ¥ttrlbutable io th• charltrls cofflpll•nc• wlth ￿n$￿ty¢lon41 and tstutory requlrem•nts. Includln8 audK slrète¥l¢ rn¥n•Bem•nt •ndtrurtaas m•otlny •nd r•lmbursed ewse& fjtw•rnm•nt Government 8rants are recw15ed b*sÈd on tho accrn•l modd ar#1 •r• me•sured at th• v41u• of asset recelved or retelvable. Grnnts are classlfled as relatlfi8 elther to revenue or to assets. GrJDts relatln8 to revenue are reco8nlsed In Intome over the porlod In whlch the retlted costs ar• recolnlsed. Grants relatlng to a$Mts are reco8n15ed over the expected useful Ibfe ol th& amet. Where part of a 8rJnt relJtln¥ to aft aslet Is defern￿. It Is reco8nls•d ai deferred In￿ne. 7he d￿rIty Is coll51der￿ to pass the te5tg Set out In P3ra8raph I Schedule 6 of ihe Flnance Act 2010 and ther meets the definltlon of a charftable company for UK corporatlon tax purposes. Accordln8ly. the charlty Is potentlally exempt from taxatk+n In respect of Income or opltal 8alns recelved ￿thIn uteuurlej co¥wed by Chapter 3 Part 11 of the Corpow*lon Tax Aci 2010 or Seth?n 2S6 of the Taxatlon of chI￿ble Galns l£t 1992. to the extent that wch Income or gain5 are applled exduslvety to charltable purpDses. P￿e 15 Dl8ltal Advantage Notesto the Flnanclal Statements for the Year Ended 31 July 2024 Good￿11 Goodwlll Is ¥rnortlsed ovar Its useful Iwe. whkh shll not •X￿ed tsn yoars ff a rell•ble qstlmats of the ￿￿ul Ilfe cannot be made. T•nBlble flxqd assets Indlvldual fixed •Mets co#ln8 £100.110 or mor• ar• In￿la￿V record•d •tcost. D•pr•dI￿On and arnorttsat D•prttlatlon Is p￿ded on tan8lble fixed a55els so •Sto vKlt• off th• ¢ost orv•lu•tlDn, le55 •ny ertlm•ted ruldual valu•, over thelr expected usefvl economlc Ilfe •5 follows: Au•t d• Office equlpmant Computer wulprI￿nI L•u•hobd Impro¥•ments 0•pr4d￿l0￿ rn•thod •nd r•t• 2(fA S￿l1ht Ilne ba515 25% straliht Ilne ts￿1$ 33% Str￿8ht Iln• bMIs Tr•th d•bto Tr4de dqbton ir• imounts du• Irom custom•rs for m•￿h4nd1￿ sold or J•rvl¢es p¢rfomi•d In th• ¢>rdlnary ctyJn• of buslness. Trndè debtQTS are reco8n15•d Inklally at th• transoctlon pilce. They ar• subwu•ntty me￿Ule0 •t •mortlsed c05t uslnl the effe¢th Interest m￿had, less provlslon for Impjlrment. A provlslon for the Imylrm•nt of trade dèbtors Is ertabllsh•d wh•n there Ls oblèclfve evldenc• that th• charlty wlll not b• able to collect all amounts du• •ccordln8 to the ortalnal t•mN of the r•c•fvabl•s. Cath ¥quI￿1•nts C•sh and c•sh equI￿10ft￿ tomprls• cash on hand and call deposlts, and oth¢r short-tenn hl8hly Ilquld Investments th•t are rEadltyconv•rtlbl• to • krwn amourtt of t#sh and ire Subject to in In518nlficant rlsk of cha￿e In valuo. are obll8atlons to pay for 8ood5 or 5erAces that h•¥e been acqulred In the ordlnary course of buslness from suppllers. Atcounts payable •re d35sthed ￿ current Ilabllltles If the does not hawi an uncondltyonal rlghl at the end of the rÈportln8 perlod, to defer settlement of th•credttor for at le4st twelve months after tht reportln8 tht•. 11 there Is an uncoTrdltlonal rl8ht to defer 5rtUem•nt for at leasi tweh months aft4r the roprrtln8 dat•. they ar• pr•sentèd 35 nonntractu•l rfihts to the cash from th•ffin•nd•l asset txplre or ¥re settled, bl the charlty transfe15 to another party iubstantlall¥ all of the rls*s and r•wards ol ownershlp of th• financlzl a55eL or ¢1 the chadty, despl¢e ha¥ln8 retalnod some. but not alL slinlficant rbks and rawards of own•rshlpi h4str•n5ferr•d control of the a55•tto¥nothor yrty. Flnanclal Ilthllttl•s •re dor•cO￿ls8d onty wh•n th• obNi•tlon spaclffled In the contract Is dI5d￿lled, c•null•d or •xplr•L I Intam•from doTh•doM•nd Iw¢l lthr•thct•d furrfli Gan•r•l R•strkted lundi Yotsl 20 ¥J13 Granty In¢ludI￿¢￿It•I 8r¥rti: Gowmment 8rnnts Grants from othercharltl•i Don•tlonsfrom commun6ty8roiips 00 I1￿34 18A74 55,783 4640 30,634 37,274 IOL638 Pa8e 18 018ltal Advanta80 Notes to the Hnanclal Statements for th• Year Ended 31 July 2024 3 Inwm•from dwll•ble 8CtlblU fvnd5 G•nernl Tot•1 Income from trnlnln8 and educ¥tlon provbsW)n Income Irorn r•thiryw Of￿1•r1e$ •nd odmln costs Other Income Income from Itttlni of non. Investment pryjperty 870,089 373,932 11.2271 25S 1,608 Z55 871,952 871.952 397,002 4 In¥e%¢MI In¢om• Unr•Ab1ctsd fvnds Qenqrnl Yotsl Totsl Interest mtel￿ble Ind slmll•r Income; Irthr•st recol¥•ble on b•nk d4poslts P•ee 19 Notes to the Hnandil Statements forthe Year Ended 31 Juty2024 nds Totsl Totsl Wa8es and safar*s Tralnlng and workshops Pr•mls•s •xp•n Insurdn $81M66 76.013 78067 2379 581M66 76,013 74067 1379 298.222 124.574 36,719 L801 3y7 Telephonq Pr[ntI￿ ind statlo AdN*rt1$1￿ and Markeflrl L602 L602 3.784 15.733 1761 879 5.612 4,476 4732 2.565 2A43 6.194 15.733 761 Subscdptlons Staff tralrAn8 Trab*l costs Offlc• costs D•pMcSatbtsn Loan Intwqst Ch•rltsble Don•tlons 6.879 5.723 4581 11687 s￿71 S725 &581 18.687 877 10,462 43.244 525,175 fvnds Total Totsl Independent èxamlner f•45 ExamlnJtk¥n of the finartfal st•temEnts Lwl fees 1052 24.584 24584 16.608 10.112 5.120 43.244 43,244 17.232 Pae* Xl Notes to the An*ndal Statements fortht Year Énded 31 July 2024 Net IncomIn￿loUI￿O1￿I) resourt& forthe y•arlrtlth. D•pr•datlon offixed assets 1&687 Ourlni the year the th•rlty mide the trans•tdons ¥thh trnst••s: Mrs Naoffll Lwlje Tbrnperfei rtc•l¥•d rnnvx*rntlon ol£NII12023: ÉS.IA)l ￿￿they￿r. R•muneMlon has been p•ld for traSnlrvd s•rkn wvlded tothe¢hffty •nd rnt h) thdr c•p•CIty￿ • trust••. Th15 Is porniitted by th• charfvs constltullon. Mr le£k Cvom•dt41outh Mr Beck crom¥Ck.Ho￿h r•td%*d r•tNn•r•tlon 01£3.S2812023: ENIII dur*￿thI yt•r. R•muneMlon has b•en p•ld delwry 50d•l rrndw. seryktt to tN• thirlty and not kn thelr upg¢1ty is I trustee. Thls Is pern11tt￿ byth•charltVs cOnrt￿￿i. No trustees ha¥• recdved any relmbursod expenses ryarryother benefitsfrom th• tharftydurlv4th• y••r. Tho ￿rQ￿t• p•yroll msts 45 fdlm. 5t•ff costs dUrI￿theI￿r￿eV•. Wa8e5 and ￿larIeS Sodal s4curlty costs P•Nlon costs 524398 45A76 IL693 270.914 21,428 58L467 298.222 The monthty number of perth5 11nd￿lIn8 serkn m•n•Rement I lÈ•d*rshlp t•arnl employed by thè thirfty durlryatheyear exys5Èd a5full •9ufrAlents w•5 •J follows: Senlor rrwnagtm*nt *am Admlnlstratbon io P4e 21 Not¢sto the Flnandd Statements for the Year End¢d 31 July 2024 1212023. 71 ofthe*w *mpknyees partkwted Inthe Defirnd C￿tr￿u¢ll￿ P•n%lon Schrn No 4rnrd(v￿ r•c•hMd amalthwts olmorn than £60AKfl &*1rythtY￿r Ex4mln•tlon olth•lnwKknI slat•n* 2.052 11 Tax tharlty Is i wItt•r￿ th?rlty•nd1s th•rnfor• •¥4ryt frrm t•xakn. T•t•l At l Au8bJst 2023 At ai Juty 2024 At 31 Juty 2024 At31 X124 At 31 July 2023 Dl8ltal Advantage Notes to the Flnandal Statements for the Year Ended 31 July 2024 l# Tanlble fth•d au•ts L4nd and bulldlnp rnltyv••nd •4ulpment Tot41 At I Au8llSt 2023 Addltlofis 20A16 26,309 20.816 56.262 29.953 At 31 July 2024 29,953 47.125 77.078 D•pr•dallon At l Auaurt 2023 Chir8• for the year 534 8.703 6.534 18.687 9,984 At 31July 2024 9.984 N•t bookv¥tlu• At 31 july 2024 19,969 31,888 51,857 At 31 july 2023 Included wlthln the nrt ljook value of l•nd •nd bulldlny above Is ÉNII12023. £NIII In re5pert of fr•ehold l•nd •nd bulldlny and E19.96812023- ÉNIII In re5pert of leasehold Trade debtors 4.876 9,248 7.463 7A78 8.436 432 Prepawnents Attr￿￿ IrKome VAT mc0￿￿ble Other debtors 13A05 2.176 1,616 37,901 17.629 P48e 23 Note$ to the Hnand* statm*￿ for the Y&v Ended 31 July 2024 Cash on hand Cath at bank 147.186 171081 147284 172.081 Trad• ttedlto 21.210 28.ISi 121>84 15 8,739 26.384 Other ts16￿on •nd 50dal s•curtty 1119 Accru•ls 1,565 1.973 Oef•ff•d Intom• Othqr loa 93,343 43.972 111,494 137 The th•rlty opwattt a dEfined C￿trIbut￿ per&kn scheme. The penslon cost for th• ye¥ r•pre5ents eontrlbutlons Pa￿le bythe tharttyto the5thw￿ and amounted to É11.69312023. £5,880). *24 Dlgltal Advants Notes to the Flnanclal Statements for the Year Énded 31 July 2024 19 Funds BaknE* at i bttomln¢ al•Keat31 July 20Z4 eKFellded Unregtrktedlunds Geneml Vnrestrlcted Funds I￿109) 878,595 186a.3901 Rest￿tte￿ fvnds Supported Internshlp5 Your DNA 11034 10 11.834 18.8C Totsl rp5tr1rtedlunds 30.634 Totsl fund5 111109 909.229 1863.3901 34.730 B8knc• at i Jul¥ 21)22 In¢mln8 Resourw Balance at 31 expended Juty2023 Unre5trfcted ￿ndS Llnrestrkted Funds 114A071 461640 1465.3421 IIL1091 R•strlrted Supported Intern5hlp5 Your DNA 29￿35 . 129,8331 I30,￿11 Totsl reslrf¢¢ed funds 29A33 159,8331 Totsllwd5 15.426 498.610 1525.175 111,1091 The speclfic pwp05es forwhlth the fundsare to be applled are asfollows: Restrlcted Income fund5 are those dO￿ted for use in a partlcular area or for spe£lfk purpose5. the use of whlth 15 restrtcted to that area or purpose. Pa8e25 Dl81ts1 Ad¥ants8e Notestothe Flnandal Statements for the Year Ended 31 Juty 2024 20 Anoly515 of netassets bet1￿en lunds Totallunds at 31 Juty funds Genernl funds Intanglble fixed assets Tanglble fixed assets Current assets rrtnt IlabllltteS Credltors oNv Iyear SL857 154,551 164.9981 1137,3151 51A57 164,9981 {137.3151 Total netassets 4,096 34,730 Unreslrlcted lunds Genernl Total funds*t 31￿1V funds Tan8lble fix•d assets Currentassets Current Ilabllltles Credltors over l year 14.282 189,710 149.6361 1165.4661 189.710 149,6361 I￿5,466 Total net a55ets Ill,￿9 IL109 Pw26 Dl81ts1 Advants8e Notes ¢0 the Hnanclal Statements for the Year Ended 31 July 2024 21 AnJly45 of M¢lunds At ljuly 2023 Nnantlnl ash ffows At 31Juty h thBiiies Cash at bank and In hand 171081 124,7971 26.384 147,284 128,1511 1137,3151 118.1821 Debt duevAthln one year Oebt due after more than one year Net Debt 1262841 1165.4661 119.7691 128,1511 28,151 l.S87 At ljuly FIMnd th Ilows cash thanoes 138.2161 At 31Juty 2023 Cash atbankand in hand 210.297 Ir2.081 1263841 1165.4661 1ts,769} Debt duewlthln one ye•r 126.3841 26.384 Debt due after rnore than one year Net Debt 1193.9721 16.325 136.0941 22 ftdat•d party iran$8th5 Jrln8the yearthe charftyrnodethe 1051owing related partytransartlorffj: Thewhltè Iloom Conwitsncy ilmSted (The CEO of Dlgiial Advantaee Is a dlrectorof the above compary.) In a prfor yeaf The Whlte Room Consultanty Limited provlded loans to the tharfty to asslst wlth (ash flow. At the balance sheet date the amount due to The Whlle Room Consuhancy Llmlted was £43.97212023- £43.9721. PaBè 27 D*ltal Advantage Statement of Flnandal Actl¥It1￿ by fund lor the Year Énded JI July 2024 Total Totsl Unrestrklqd Unrestrlrted Fun Funds 2024 201> Income Ind Eftd¢n¥rnantslMm: Donatlonsand le8acles Charltable •ctlvlties 71,638 397.LM)2 871,952 In¥eth•nt Incoma Tot•1 Incom• 878 595 468.610 ENpendlturn on: th3rttableartlvltl 863,392 465,342 Total èxpendltuie 1863.392 1465,3421 Nat Incom• 3.298 Net mowment In lut7ds 15.203 3,298 R•¢onclll•kn ollunds Tol41 funds brouaht for4wd 11,109 Tot•1 fvnds carrl•d fww•rd Th15 pay does notform part of the statutw flnanclal statsrn#nts. Pa8È 28 Statemont of FlnandalAcil¥ltles by fund forthe Y•ar Ended 31 Juty 2024 Tot•1 Tot•1 Fwds Oonatloffa and le8acl*s Total Income Ewdllure on: C￿rI￿ble actfjvlllts IS9￿33) Total expEndltyr• 59,8331 Net IncomellexpeThlltur•l 30,634 129.8331 Net Move￿nt In fund5 129.8331 R•onrlll•iion otfvnth Totsl lunds brouqht lorward 29.833 Tot¥lfvnds fOr￿(d 30.634