Registered number: 12710244 Charity number: 1191731 ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantse) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) colENTS Page R•fèr•nco and Adrninlstrnlive Details of the Charity, its Trustses and Advisers Trnst•es' Report Indep8nd•nl Examinerfs Report Statement of Financlal Activili•s 2-10 11 12 Balancg Sh••1 13-14 Not•s to th• Financial Statèmènts 15-22
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISER8 FOR THE YEAR ENDED 31 AUGUST 2022 Trust••s HLVEley G W Hodgson (resgned 19 Sep*ember 2022) D Rutley J Simons {re$3n¢d 7 October 2022) A J Trèthewey Company r•glstornd number 12710244 Charity registered numb•r 1191731 R•gisl•r•d offlc• AsFire Schools Th8 Wycombe Grange $6 Ametsham Hill High Wycombe Bucknnghamshife HP13 8Pa A¢counLgnts BKL Audit LLP Chartered Accountsnts 35 Ballards Lane London N3 1XW Page 1
ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2022 The Trustees pro¥ent their annual report together with tho financial statemènts of the Charity for the year from 01 September 2021 10 31 August 2022. The Annual Report SeeS the purph)ses of both a Trustees. report and directors. report under company law. The Trustees confitm that the Annu81 Report and fingncial statements of the charitable company compty th the current statutory requirements. the requirements of the Gharitable company's governing document and the provision5 of the Ststement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Finanoal Reporiing Stsndard applicable in the UK and Republic of Ireland IFRS102) (effective 1 January 2019). Slnce the Charity quakfies as s11 urKler seclion 382 of the Companies Act 2006, the SttategiG Report required of medium and large companies under th8 Companies Act 2006 {Strategic Rew)rt aThJ Diredors, Report) Regulations 2013 has been orritted. Obl•ctiv•s and actlvi11os a. Pollcl•s and obJ•ctive$ The charlty's obi8ct is to 8dvance in life and re10ve needs of young people through: 1. the provision of recreational and leisure time aclfvities Fffovided in Ihe interest of sodal welfare. designod to improvg thèir condrtions of life: creating increased access to artistic and cuttural adl¥itbes and edu¢ation 3. providlng support and activities which develop their thlls, capodUe8 and capalyli1168 to enable them lo participate in society as mature and responsible individuals. b. Stratoglo$ for achieving oty•ctives The charity is comrritt8d to wothng with pathers to enhan the opportunities av8i18ble for vulnerabl8 and disadvantsggd young peopqe. and to invofve them in actlvibes that they woubj otheis8 be excluded from. o. Activities und•rtak•n to achieve obi•ctiv•s & Charlty's purpos•$ for the public b•nelit Over Ihg past three years Aspire for Young People, with the supwrt of Artswork and The Rolhchild Fouridation, have focused on provlding access to cultural and creative opportuniknes for disadvantaged students. We have elebrated identity. diversity. and cultural cohesion across Bucks wth the chiklren who often do not feel th81 they b8long. We have enablgd them to experieno success through cuAure and creativity and raised ambitlons. Proj•cl 1- Better Livos through Culra This was a 3 year proJect*lth three strands.. Youth club for young people with glficant mental heallh needs 2. Art Therapy 3. IhThole school str8nd to embed cultural Okwrtunities arKI the Arts Award across all ofAspire's sltes. Project 2- T•chnological support forthe arts The Rolhschikjs Foundation provided Astire with a further grant of £15,000 to buy new IPads to support learners In achieving the Arts Award, and completing creative projects. Page 2
ASPIRE FOR YOUNG PEOPLE {A Cornpany Limited by Guarantee} TrUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 Achievements and perfomianco Main achl8v•ments of tho Char Project 1- B•tt•r Lives Through culr• 1. Youth club for young péople wilh significant m•ntal heafth nfjeds Over the year the sessions had a significant impact on our sbjdents., Inllialty on the studgnts who attended and. OV8r time, on the widei community of Orchard House. The facllitators used creative freodom and collabofative, dN8rgent thinking to plan the sessions. Students were hlghty engaged bul aL80 flexible and reswnsiv8 lo challenge and shifting foo enabling the facilitators to be respon8lv8 and givirvJ opporturldes for it to b8 Studentlgd. Our session obJecttve8 were basod on cre811ve skills such as.. Puyllgd problem-Solg Adapting and responding to another person's vwint Communicating Mjeas EXpresng thoughts reyp8cthJl Ustening and valuing the views of other5 Utilising properties ol matgri01slresources to develop a functional yoduct Learning about neurodiveTrity Understanding autism.. the characteristics and draw5ng on personal experiences Appreciatsng diversity and respeding sirrrilaribes and thfferen Personal reflection and goal settlng Each week we ended the session by fellocling on what we had learnt. what went well. what couPJ have gone better. These session evaluations weie created with th8 Students. and we collgded pupil voice quotes. Here are some of those quot¢s'. Pupil Voic• 'It's nice to talk about airfism in an environment that is not judgemental." 'You're learning stuff but rl's qurle free. You do what you do and whatever you do 1$ cool.. 'The way they do things helkE us to have access to leamlng. They treat us lik8 indlvldua&.' 'We had time to process, aTrJ the instructions were clear." Sesslons included visits and visitors- an art exhilytion at Chesham Theatre; a creative project at Waddesdon Manor and hosting 6 trainee teachers. Vlsitor$' voice .1 love the open way you lalk with thg Students abouitheir neurodNersity. There's no jUdgerrnt and it was so normalised as a way of tslking." 'The behaviour is aw0zing.' Pag8 3
ASPIRE FOR YOUNG PEOPLE IA Company Lirnited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 .1 was blown away by the actual lev61 of thinking ' .1 was impressed with the level of nversatiOn- it W8s so mature, and the sdentS were SO éloquent and confident.. .1 love the F4)sitive atttlude the teachers have to mistakes.. 'It's so student centric. IW4hen I pLqn a lesson. it's based on Iha cuNiculum', herè, averything was based on individuals.. 'It was so collaboralive- students and teachets together all the tirn.. students from both Key stages b8neffttgd from the Youth Club. Hore Is an examplg poem from a crealfve wrlting sasOn'. A po•m vnitt•n in Youth Group by J- Year 9- Friday June 15th 2022 My n8me is Phoenix the tch Hurter I come from the deserted waste18nds of lh8 My voKe sounds like the rubble off a cave wall ofAztec origins My skin is fierce and strong like 8 rhg)n an e18stic bend Myhéart is fierce 8$ fwe endAtlantK leS that are ebove Chemobyl l $ing 8 song of nuclear fury and balance 18m 8s femuous es Mal8ysi8 T8pah from Ihe dehS l am a cadus 18ced in poison and rnady to stnke 18m blood Stroke red, wuring out, heading and battlKw my org8n8 for $urriv81 The Di8blo Roio oltho $e8 dxs not h8ve the 11 Ihot I h8ve to Su1Ve. Impact of lh• Youth Group Incrèased conltdencg in students. abiffty to leam Increased confidence in their ability lo be creative Increased confidence in arliculating ideas lo th8 group Raised awareness of neUrodNe Positive impact on attendance Tgachers at Orchard House noticed an increased confidence in leaming wth a creative attitude towafds nlslakes The year 11 Youth Club mfjmbe gain&J DISTINCTION in their English Language Speaknng and Listsning exam Leaders oflhe Youth Club dared to be cTealive in the planning and the welwming of student vce A growing understanding from that creativity is a Iransferable skill YOnd art itse Positive impact on sense of self Positive impact on mental h681th Development of soaal skills Long-tem impoct on changes to the Orchard House curriculum to include a weekty creative well-being morning for all students students made friends- this incIled a What&App group lor the leavers Page 4
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) TRUSTEES. REPORT IcopmNUED) FOR THE YEAR ENDED 31 AUGUST 2022 Paront Voice Parents were cory)limentary regarding the impact of the Youth Group. When we changed the group to allow wider impact on newgr students, one parent corla1ned when it was her chiky's last session. As a fesuK, the leaders were creative and Invited her to continue conyng and fom part of the Youth Club leadershlp team as h64)er. The impact was wider than the Youth Club itsell. This was ep¥tolsed at the year 11 Leavers ceremony. Staff made individual speeches about each student. Following the 8ppl8use, a member of Youth Club Iwilh autism and acute anxiety) stood up and asked. knukj it be ok if I gave a speech?. This was followed by another Youth Club member. This cascaded through the room undl overy chikl- including non-youth club memLrs - had glven an impromptu speech. 1. Art Th•rapy Many themes were expbored in art therapy by our young people. including anger, frustratlon, being seen, bglng helpgd, bging understocrtj. salety, setl-esteem. seifpconfidence, solf-worth. loss and grief, anxiety. chango, hopes for the futufe and friendships, just to name a few. Each young person's art therapy was unique to them and they used thei¥ sesslons to explore a variety of rnatt8rs. One young person used the art therapy spacè to grieve 8ThJ accept loss. to express wothes and hopes about their future whilst thinking #bout158ues from the past and to explore sow-ésteem and 8elf- confidence. Another young person Valu and b8neltted from tho silgnce and calm onvironffnt ofthe therapy space, where Ih¢y coukl use 8rt materiais to selfsooth and to rellect on mornlng interactlons and l¢ssons. This led to them beiro able to think through and share any concems that they had. One young person used art thèrapy time to explore b)s5 of frlendship, stTuggle$ of f88llng alienated arKI disconnerted from others. dre for shared experion¢es, to share hopes for the future and to thlnk afr1 what they needs to be able to create change Anoth¢r young petson used the art therapy space to non-vertmlty share foelings of anxiety so that thay coukl be safety hekj. The art therapy room provided the student with the environment and time n8edgd to work through feengS of anxiety. stress and frustration. We ahyays start tho art therapy journey together with a non-directive apKKO8ch and on Session 3 the young person reviews their experience, thinks about what it feels like to be in the 8rt therapy spoce ond has an opportunity to make any changes. Often young people ask for staff lo make art alongside Ihem. Being observed is a difficutt corbcept fo( many of our young peopbe and atthough staff still observe. it feels less intense for the young people when staff are maknng art too. It also creates another dynamic to the thorapy sesslons where th& art making becomes a tool for non-ve<oal communication for the youn9 person. 2. Whole school strand to •mbed cultural opportunities and the Arts Award across all of Aspire's sites. Thanks to this funding, students who have nvrfer been atAe to participate on arts and cultural trips or activitios have had those opwjrtunibes. Ros Walkn's was invited back to CSEC where he an animalion workshop for students. They w8re engaged and excited to develop Iheir skills further and use this Skill towards their Arts Award. In the aftemoon Ros delivered a creative CPD session for teachers. where were able to leam the needed to create accessible animations with students. In May 2022. Shorteni1 and Orthard House took part in Rap therapy sessions. where they were able to use their linguistic SLIS to express themfves. Page S
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022 In June. seW-taLbght artists Stella Slocktsidge vtsited sites to teach students how to customise their own trainers. Stello buiK a successful business during the paThlerThc creating beautiful, cusloffmsed designs on shoes for clients, which has become hef full-b'me job. Students were insFired by her story. especially since she did the above just after completing her A leveL8. Wofking with a young. local attsl like Ste118 has made a positive impact on the nwndsets of our students. wher6 Ihey beleve that they too could be successful In a creative career. During Bucks Art Week. Stents had the opporbjnity to visit lo¢al artists, studios and spèak to them aboul their practice. Students showed exemplary behaviour and asked questions to support their 'Explore'18vel Arts Award. Artists showwj a keen inteiest in w01ng wth AsF¥re in the future. Arts W••k 2022 'All tho artists that ran workshorts across the w86k were excgpuonal and ran the sessions at the right pace 8nd maintained the students. interest throughout. We have 8 number of students here that struggle with social anxlety. lowlovels of confidence and are rlsk averse however, lh¢ artists that came to visf(8nsured that everyone felt included and cr8aled their own place of'art.. The staff were also very cOmpmentary about the impact ofthè artists and arè keen to fvrther support fvrtur• arts programmes as w911 as pushing art across the curriculum where appropriate., Across Aspire sites, groukE of students were introduced to b¢8t boxing by Danny Ladwa from School of Beatbox. Many interesting sounds were ttèatedl Students were able to wiite their own tyrfcs and layer IhgSO Wth beats that Ihoy created with their voicos. At The Wicombe Grange, one normally introvgrt8d student seemed to enjoy this session more than the others and realty camg Out of his sho11 to provlde sterling porformance. We invited jeweller. Sonny 8alli8rd baek to teach sifver viThJ workshoF6 8cross numgrous sltes. Students were fully engaged and showed positive behaviour throughout. They rose to the th811enge of working wlth quite challenglng materials. One particular student al CSEC who has not attended art lesson5 for some time, asked lo do an gxtra session so that he coukl extend his skilL8 further. He now ha¥ a newfound enthusiasm and curiosity for the subject and has discussed what sknlls he wouhj like to develop. Students from The Vwcombe Grangè attended a giaffiti session at the Wcombe Arts Centre with local artist Dan Wlson. Students were able to see the work cornnNssioned by The cOntr Wanderers as well as contribute to the local 9iaffiti mural. Som8 students were a reticent about attending howevef after the event, on¢ Such students said. "It was blessed still. It was very therapeutic.. The students asked Dan Wilson about his career and the Arts Centre to SUPFQrt the 'Explore' level Arts Award. Jamie frorn Stre8t Style Surgery retumed lo Shortenilb, Orchard House and the Vfycombe Grange. He was able to discuss his challenging chibjhood, not too dissimilar from many of our own students and how he overcame such stiuggle5 through art. Studentslgam numerous spray- painting techniques, taking home their own rAece of art. students at Shortenills and Orchard house enjoyed taking parl in a ¢ircus sknlLs workshop provided by Circus Sensible. The workshop was plched at the appropriate level for our students and all took part in some way. Teachers commented that they were pleasanlty surprised 8t certain students who stepped out of their comfort zone, who wouw nomalty not take part in such actpiities. Page 6
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 AUGUST2022 Internatlonal Art Conference On thè 22nd June 2022 AsrAre hosted an international conference with the aim of exploring the link betsveen curture and identity in schooLs and communities. It focused on how exposure to and engagement with local, national and internats'onal cutture has Ihe p)tenb'al to enrich students. learning and improve Ihoir life chances. Its aim was lo rai58 questions aiound.. how we as educators culturalty respond lo divers8 Students? How do we ensure we give voice to all cultures represented in our shared spaces. Th8 online event included a diverse range of speakers, including Kwakz, "A relatsb16 rol6 moder and Lisa Stephenson- Story makn'ng as a pedagogy of belonging. The onllne 6vent look plac8 during the day and followed by the evening event at the beautlful Wadd8sdon Manor. The face-to-faco evgnl included a light he8rted rap and poetry w0shopS with Dan Slmpson from the Poetry society and V6ronica Youdell from Rap Yoga. Parli¢ip8nts leamt the benofits and possit#lltie8 of using rap and rhyme as a litO18Cy tool in the classroom. The evaluation and feedback from delegates was extremety posibve. At the end of the evening ovent delegate8 asked what we wore doing next. The conlerence had inspired and igrutad conversations. Platlnum ARTSMARK Award Aspire's Joumey with the ARTSMARK was interrupted by tho Pandemic. however the Art department worked extremety hard aThJ were awarded the highest grade of PlatinLbm. It recognisos that AS1,8 quality of provision Is 'strelching'. the pedagogy and practice is 'advocating' and the impact is"maknng a dlfference.. This award Is valld for tsyo yea15 and will ¢xiir8 on 06109r2024. Aspsre are lookirvJ to the future to maintaln this status. Prol•cl 2-T•chnologi¢al support forth• arts The Rothschilds Foundalion wovided AsFire with a further grant of £1 S,000 to buy new IPads to support198rners in achieving the Arts Awar(J, and complebng cieative projects. Our original for the 24 Ip8d8 w8S to support a more efficient way of recording thè Atts Award across Aspire. However, after subnitting our fitst round of Arts Awards in Novembef 2022 we decld&J not continue wth the Award. as many did not pass due to lack of writtenl verbal evaluations. As a multi-site School and continuously changing cohort. the amount of adrninistratson thi5 created for staff was unrea5C and time consuming. Training: A¥Te have utilised the ipads across the 001 to develop the eatiVe curriculum. We booked 5 training days with management company Jigsaw and have taken part in 4. Training sessions have included teachers from across the curriculum and siles, exploring simple and accessi* apps that students can use to learn creative Includlng.. Showtie arKI othei classroom interfaces. Digital drawing- using simple apps to create digital ariworks, posters and mood boards, followed by 1 day lesson delivery with on-sile support Gifs1 animationlvideo edtting- using simple apFts to create gilslshort ckps and edilbng these. Page 7
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guaranteè) TRUSTEES. REPORT {CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022 Impact lor ourstudents: Student 8ngagem8nt in Art is at an alktimè huh. Tea¢hets are confident in Un9 ipad technology lo support and enhance our creative curriculum. Students have shown a confidence in experimenting with dlgital technology by using their 8xisling knowledge of using smartphongs supplemented by teacher knowledge. Most students have leaint how to create digital drawngs and animations. this has been a particular success at GCSE level, with students using digital drawing to explore arKI exp6rim8nt their Ideas visu81ty. Ask¥re are now able to offer a better offer of Phoiography. as there are enough ipads for a class. Students have enjoyed experimenting with levitation photography, Bokeh, Light painting and $lte speciffic photography. They have been able to tske these back to the classroom and edit these. Overall, the ipads have provided Aspire with [Ch needed a¢c6ss lo digit31 learning, hglFxng lo reengage students and promote Independenlloaming sknlls. As our ¢uriiculum develop. we are confident that students ar8 learning skills that they are able lo take with them beyond AstArg. Asplr• for Young P•opl•- Futur• Plans 1. Art In a bus-•ng4gom0nt We wlll purch889 and refurt4sh a niburAer van to expand our outreaGh work with chlhjren reluctant to attend school for mental heaAh teason$. Thls WO coukj be in partnership with YOS. This wlll encompass therapeutic art. 2. Focus on bronz• arts award We h8v8 booked several days of tTaining from Jigsaw for the Art department and beyond, wlth the aim of broadening our skn'llset in the digital Arts. We hope to explore augmersted real'ty. digital drawing as well as other routes of cieativity. This will in tuin engage students even further as well as educate them in the extensive caree available lo them in the digital arts. ldS will aL80 help us lo streamne thè Arts Award portfolios, improving the qualtty of recording of learning. We hop9 10 invite local mosaic artist lo work at a few of siles as an artist ill residonco, wong alongside students across a week to create a collaborative site-specific rrv)saic aOrk. 3. Diverslty Whilst we have represented diversty within the woied aTrJ empowèred students through inclusive practices, we hope that we can develop further impact Ihrough workiThJ with our communities. 4. Creative carneys Integral to this is linking our projects with our Caree programme ty m8kiThJ further relationshi[6 With local creative resources. This will improve the provision and further our reach with reakworkj authentic experience5 for our students. For example. we wouhj like to sign up a number of students to a 6-week ceramics course with Inspiration Bloo in Holmer Green as well as more extensive jewellery COue. One of oui school sites, Shortenills woukl like to develop theatre sknlls for their SEMH cohori. and we have identified working with Intermission Theatre Company across our schw*. Page 8
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarante8) TRUSTEES. REPORT IcoMnNUEDTr FOR THE YEAR ENDED 31 AUGUST2022 l. Set a naw Statement of Commilm•nt forARTSMARK This wlll increase our student voice arKI agency. 8. P•rtn•rships and wider impact. We have plans In place to develop larger scale partneTrhip5 With other settings In¢llng National teracY Trust. TAP Creative Recording Studios and Intermission Thèatre Company. We wanl to work on our platfomi lo sharo our best piactice and impact. Financial revi•w Total income for the year was £103.493 with total expenditure being £167.029. The surplus exp8ndllure relates to the fart that the Charity incom8 pr8d0n8tty was front loaded to the earty stages and over time, unll further granls are sought and awarded, the Charity wll continue to draw down funds that were awarded In 2021. As at 31 August 2022. total funds carried forwafd were £46,795. . Going conc•rn After mking approFxiatg erNuiii9s, the Tte6$ hav8 a reasonab expethllon that the Charfty has adequatg resources lo conts'nue in operational existence for the foreseeabbe frjlure. For this reason, they continue to adopt thg going concern basis in preparing the financial statemgnts. Further details regarding the adoption of tho golng concern basis can be found in the accounting policies. b. R•s•rves policy The Charity does not intend to hokl re$8rves. Funds are allocated to Spe¢ tim8-bound projects and expenses matGhed to the lund$. Shoukl projects b8 delayed. funds will be canied forward and matched to expenditure as it arises. Structurn, g0ManCe and mnagem•nt Constitution AstAre for Young People is registered as a charitae company Iwited by guarantee and way set up by Memorandum of AsSOLaation. b. M•thods of appointmenl or •lection of Trnstses On 1st Juty 2021. the Charity apwinted 5 Trustees. one of which was the CEO of Asixre Schools and another an Asire Schools staff member. The remaining three were indepeThJent of As(xre Schools. As per the Charity's Articbes of Association. a minimum of 5 Trustees. and a maximum of 1 S Tru5tee5, can b6 appointed. with Trustees boing members of the Board of Trustees for the Charity. The term of office, wlll be a mlnimum of 4 years. which can be extended for a further 4 year temi on expiry. Trustees can resign their p)sition at any in writiThJ to the Chair of the Trustees. To ensure independence of the Charity from the parent CoVanY "ASre Schools" no more than 40% of the Board in total, will be made up of existing Trustees of ASre Schools or staff employed through either Aspire Schools, or any subsidiary company of Askyre Schools. The Executive Head Teacher of h3iMre Schools. ThI1 b8 deemed to be through thelr posibon, a Trustee of the Charity. Their position must be included wtthin the 40% total of existing Trustees or Staff of AsFire Schoo&. Page 9
ASPIRE FOR YOUNG PEOPLE IA Company Limitèd by Guarant8e TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2022 In order to protect tho overall interest of the parent company, AsFire SchooLs. will appoint an existing Trustee, lo oversee the Operaon ofthe charity. and to 8nsure that actions of the charity are conststent with the values of the ASS8 SchooL8. and that the charity does ncrt act in a way which is in conflict with ASre Schools. When appointing new Trustees. the Board of Trustses wll give consideration to the skills and experience nix of existing Trustees in orderto ensure the Govefning Board has the nècessary S'11St0 contribute fulty to the Charity's development. Approved by order ofthe memt*rs of the b)ard of TnBtees on 22 Juno 2023 and signed on thoir half ty: D Rutl•y (Chaii of Tru8te88) Page 10
ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2022 Independ&nt Exwnln•rfs Report to lh• Truste•s of ASPIRE FOR YOUNG PEOPLE I'th8 Charity'l I report to the charity Trustees on my exanation of the awounts of the Charity for the year ended 31 August 2022. R•sponsibiliti•$ •nd Basis of Report As lh& Trusl¢es of th6 Charity {8nd its directors for tha purposes of company law) you are respon8ibl6 for th preparation of th¢ a¢¢ounts in accordance wlth the fequirements of the Companies Art 2006 Cth6 2006 Act). Having Satisfied mysew th81 Ihe a¢¢ounts of thè Charity are not raquired to be audited under Port 16 of tho 2006 Act and are ellgible foi Indendent exarrinalion. I report in r8skwI of my exgrrynation of the Charitys accounts arried out undor section 145 of the Charities A¢X 2011 Cthe 2011 Acf). In carrying out my ex8minalion I hav followed the Directions given by the Charity Comrrission under section 14515)(b) of the 2011 Act. Indep•nd•nt Exarnln•rfs 8tat•m•nt I have completed my examination. I confirm that no matters have coma to my atténllon In connectlon wlth th8 eX8mination giving me cause lo beleve" accounting records were not kept in r08PgCt of Ihe Charity •$ raqulred by sethon 388 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not compty wlh the accounting requirements ol sècllon 398 of the 2006 Act other than any requirement that the accounts give a Ytue and fairf view which is not a matter considered as part of an independent examination. or the accounts have not been prepared irs accordance wilh the methods and principles of the Statement of Recommended Pra1¢9 for accounting and reporting by chartknes lapplicable to charitlgs preparing tholr accounts in a¢¢ordan¢e with Ihe Financial Reporting Standard apph'catAe in thg UK and Republi¢ of IrolarKI (FRS 102)1- I have no concerns and have comg across no othor matter5 in conneclion wth the examination to which attention shoubj be drawn in this rep)rt in order to enabkn • prop6r uThler8tanding of the accounts to bg rgach8d. This report is made solely to the Charity's Trustees, a5 a body, in accordance 7hryth Part 4 of the Chariti•s (Accounts and Reports) Regulations 2008. My work has beon undertaken so that I might state lo the Charivs Trustees those matters l am rgqLbired lo slate to them in an Independent Examine¢s Rgport and foi no other purpose. To the fullest extent per¥tted ty law, I do not accept or assume reswnslb1ty to anyone other than tho Charity and the Charitys Trustees as a body. for rny work or for thls rep)rt. Signed= Dated: 22 June 2023 C8rly Pinkus BKL Audit LLP Chartered Accountants 35 Ballards Lane London N3 1XW Page11
ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2022 Unrestricted funds 2022 Total funds 2022 Total funds 2021 Not• Incom• from: Donations and aGleS Charitsbl8 activit95 other in¢ome 103,493 103N93 139. TCQ 150 Total Incom• 103,493 103893 223.350 Exp•ndltur• on: Ch8ritable aclfvlU0S 167,029 167,029 113,Ot9 Total •xp•ndttur• 167,029 167,029 113,019 N•t rnov•m•nt in funds {63,536) {63.S36) 110,331 R•conclllation olfunds: Total funds brought forward Net movement in fuTrJs 110,331 (63,536) 110,331 163,5361 110,331 Total funds carri•d forward 46,795 46,795 110,331 The Statgmont of Financial Activities InCIeS all gal aThJ losses recognlsed in tho year. The notes on pages 1 S to 22 fom part ofthese finanrAal stateThnts. Page 12
ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) REGISTERED NUMBER: 12710244 BALANCE SHEET AS AT 31 AUGUST 2022 2022 2021 Nots Fixed ass•ts Curr•nt ass•ls Debtor8 C8sh at bank and in harKI 12 13.940 112.674 62,7LX) 82,764 126,614 145,464 Creditors: arnunts falkrvJ due wilhin one year 13 179,819 P5, 133) N•1 curr•nl assets 46,795 110,331 Totsl •s$•ts l•ss curr•nt liabilities 46,795 110,331 N•t ass•ts 46,795 110.331 Tol•l n•t ass•ts 46,795 110,331 Charity funds Reslricled funds 14 14 Unrastricted funds 46,795 110,331 Total funds 46,795 110,331 Page13
ASPIRE FOR YOUNG PEOPLE (A Cornpany Limited by Guarantee) REGISTERED NUMBER: 12710244 BALANCE SHEET ICONTINUEDI AS AT 31 AUGUST 2022 The Charity was entiued to gxerrytion from audit under se(Ilon 477 ofthe cOan183 Act 2008. The mgmbers havè not required the company to otiain an alIt for thè year in question in acGordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsit#'lities for rn1ng knith the requir8ments of tha Act with respect to accounting records and preparation of financial statements. The financial statemènts have been prepar in accordance wlth the provisions 8FpUble to antstses subleot to tho small companles regime. The financial statew*nts wore approved and authorised for issue ty the Tfustees on 22 Jung 2023 and slgnéd on thelr behalf by.. D Rutley (Chair of Tn1908) The notos on pag¢$ 15 to 22 form part of these fin8ncial staterngnts. Page 14
ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Genoral infommtion AsFMre for Young People B 8 coryany Imf(ed by guarantee and a r&Jistered charity (company number 12710244 and England and Wales registered charity number 1191731). It is governed by its Memorandum of Association and its rl$le(8d office is Aspire Schools, The Wycombe Grange, 56 Arnèrsham Hill, High combe, 8ucks, HP13 8PQ. A¢counting polici•s 2.1 Basis of prnparation of financial slat•m•nts The financial statements have been p¥8paied in accordance with th8 Charities SORP IFRS 102) Accountlng and Reporting by Charities.. Statement of Rewmmended Practice applicable to ¢harftles pr6p8dng their accounts in accordance wth the Financial Rew)rting Stsndard applicable in the UK and Rèpubllc of Ireland {FRS 102) (effeclive 1 January 2019), the Financaal RekY)rb'TrJ Standard 8ppliG&blo In the UK 8nd Republic of Ireland {FRS 102) and the Companies Act 2006 ASPIRE FOR YOUNG PEOPLE mgets the definition of 8 pubkc benefit enttty under FRS 102. A8sets and liabilities ale initialty recognised at historical $1 or transaction value unless otherwlse stated In tha relevant accountlng p0'cY. 22 Incom• All income is recr4nised once the Charity has entlllem8nt to the income, it 1$ probable that the income 11 be received and tho aww)unt of In¢omo I61¥8b18 can be measurgd r848bty. Grants aro in¢luded in th¢ Slatem&nt of Fin8ncial Activities on a rg¢6tvable b88is. The balance of income re¢xNed for specific purposes but not 8xpended during tho pèrfod is shown in the relevant funds on the Balance Sheet. Where incorr* is received in athance of 8ntitl8ment of receipt, it8 recognition is defefTed and inclLKled in creditors as deferred income. Whore enlillement occuts beforg income is reGoived, the incorro is accrued. Other income is recognised in the period in which It Is receiv8blg and to tho èxtent the goods have begn wovid&J or on corrletiOn of the seNlce. 2.3 Expendir& Expendituro is recognised onee there is a legal or construclive obligation to transfer economic benefit to a third paty, it is probable thal a transfer of ect)norric benefits vlll be required in settleThnt and the amount of the obligation can be measured relabty. Expendituro is classlfied by activity. The costs of each activtty arè made up of the tota5 of direct costs aThJ shared costs, Induding support costs invO8d in undgrtaknng each activty. Dired costs attribuiable to a single activity are allocated dlractty to that actrvity. Shared costs which contribute to more than one athvty and support costs which are not attributable to a single aclivity are apportioned betsyeen those activrbos on a basis consistent wth the use of resources. Central stsff costs are allocat&l on the basis of tirrn spent. and depreaation charges allocated on the portion of the asset's use. ExperKliture on charitable aclivrlie5 is incuffed on direct undertaking the aLVitieS which further the Charlty's objectives. as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Page 15
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Accounling policies (continued) 2A D•btors Trade and other debtors are recognised at the Settlement amount 8fter any trade discounl offered. Prepgyments are valued at the amount W8paid nel of any trade d15Gounts due. 2.6 Cash al bank and in hand Cash at bank and In hand includes cash and short-tem highty liquid invastm8nts with 8 short maturity ofthree months or ths from the date of aSitiOn or opening of thè dapwt or similar aount. 2.1 Liablllti•s and provisions LI8'tio5 are recognisod whan there is an obl'gation at the Balance Sheet d8t8 88 a resum of a past event, il is probable that a transfer of economiG b9n6fi1 wlll be requlred In setlement, and the amounl of th8 $6tt1ement can be estimated re3bty. Liabilits'es are recc#Jnised at the amount that th8 Charity antiap8t8s It wll pay to settle the debt or th amount It h8s received as athanced payments for the go(NJs or servlc8s il must provlde. Provlslons are measured at the best estimate of the amounts required to settle the obligotSon. Where the effect of the time value of nneY is material, the provision is b8sed on the pr8sent value of thos8 amounts, dlscounted at the pre-t8x discount rate that r8fiects th8 risks speciffic to the11gt#lity. The unwinding of the discount ks rèco9nised In Ihe Statement of Financial Activities 89 a finance cost. 2.7 Financial Instruments The Charity onty has financial assets and financial h'atililies of a kind that quallfy as basic financial instruments. Basic finanaal instruments are initialty recogni$ed 8t transaction value and subsequen measured al their $ottlem8nt value vrith the excepts'on of bank loans which arg Subsequent measured at amortlyed cost wng the effecli¥e interest m8th0d. 2.8 Fund accounting Ggneral fvnds are unrestricled funds which arg avallat4e for use at thè dlscretion of the Trustees In furtheian¢e of the general objectives of the Charity and which have not been designated for other purpose5. Page 16
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guaranteal NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Critical accounting estimates and areas of judgment Estimates and judgments are continualty evaluated arKI are based on histodc81 experience and other factors. including expectatlons of future events that are bekeved lo be reasonablè under th8 (ircutTtstances. Critical accountlng estimates and assumFliorts: The Charity makes estimates and assumpts'ons conceming the future. The resutllng accounting estimate8 and assumption5 will. by definibon. sekjom equal the related actual resums. The estimates and assumptions that have a significant risk of causing a material adjustment to the caffylng amounts of assets and liat4e8 within the next financial year ore dlscussed below. Income from donatlon$ and hgaci•s Unr•strict•d funds 2022 Total funds 2022 Tot81 2021 Donations 103.493 103,493 13,000 126,7CLI Grants 103,493 103,493 139,7 Incom• from charitable a¢tivi¢i•s Unrgstrlct•d funds 2022 Total funds 2022 Total fund$ 2021 Income from charitablg adivits05 83,500 Oth•r Incomlng resources Unrestricted funds 2022 Total funds 2022 Total funds 2021 Other income 150 Page 17
ASPIRE FOR YOUNG PEOPLE IA C¢)mpany Limitod by Guarants&) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Analysis of oxpenditure on charitabh activltiès Summary by fund type Unrnstrictsd nds 2022 Total 2022 Total 2021 Total c(ts 167,029 167,029 113,019 Analysls of •Xp•ndlr• by activities Activiti•s und•rtak•n direclly 2022 Support costs 2022 Total funds 2022 Total 2021 Tot81 costs 156,610 10,419 167,029 113,019 Analysls of dir•d costs Charitabl8 artivities 2022 T¢)lal funds 2022 Tot81 funds 2021 Staff cc6ts Equipment Courses TriF6 ProjeLt8 74,525 39,609 10,952 573 30,951 74,525 39,609 10,952 573 30,951 40,557 5,953 4,270 17,979 156,810 156,610 69,142 Page 18
ASPIRE FOR YOUNG PEOPLE IA Company Limited by Guarantee) NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 AUGUST 2022 Analysis of expenditure by activiti8s lcontinuedl Analysis ofsupport costs Charitable activities T¢)L*l funds 2022 Totsl funds 2021 2022 Staff costs Governance ¢osts- IrKlep8ndent examinalion Foc#J AdnistratiOn expenses Consumancy and professional fges 3,900 3.000 753 3,900 3,000 753 19, 713 2,500 5,399 24 16,241 2,200 2,200 10,419 10N19 43,877 Ind•p•nd•nt •xamin•ffs rnmun•ralion 2022 2021 Fees payable to the Charty's independent examiner for tho indèpendent exaninatson ofthe Charity's annual accounts 3,000 10. Staff costs 2022 2021 Wages and salaiies Social security cc6ts Contribution to defined ¢ontiibubon 10n sthetrns 61,165 6,428 10.832 45,353 4,303 10.614 78.425 60,270 The average number of persons erryloyed ty thg Charrty duriNJ the yearwas as folkThvs.' 2022 2021 staff Page 19
ASPIRE FOR YOUNG PEOPLE (A Company Limited by Guarantee) NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 10. Staff costs {continu•dl No employee received remuneration amounting to more than £60.000 in eithgr year. The CEO 1$ the onty key rrAnagem•nt pew)nn81 ofthe Charity. Totsl remuneratlon for the year 2022 was £2,862 {2021-£ 15.824). 11. Trust•es' Mmun•r•tlon and •xpens•s Durfng tha year, no Tfustees receried any renwneralion or other bgnefits (2021- £NIL). During tha year ended 31 August 2022, no Trustso expenses have b8en Incutred (2021- £NIU. 12. D•btors 2022 2021 Du• within on• year Trade detrtor8 13.940 6Z 700 13,940 62, 700 13. Cr•ditors: Amounts falling duo wtthln on• year 2022 Trade crediiors Amounts owed to group undertsknngs AccruaL8 and defgfred incow 14,084 65,735 13,562 21,571 79.819 35, 133 Deferred inwme relates to incom8 receNed in advance of seNices being w0vidl. Pag820
ASPIRE FOR YOUNG PEOPLE IA Company Limiled by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 14. Statement of fvnds Sl•tsm•nt of funds- current year Balance at 1 Septemb•r 2021 Balance al 31 August 2022 Incomo Exp•ndilure Unrnstritt•d funds General Fursds- all fun 110,331 103A93 {167,029) 46,795 Stal•m•nt of funds - prior year B818nce 81 31Augusl 2021 InGome ExpwKlitw8 Unr•strict•d funds General Funds- 811 furKIs 223,350 (113,019) 110,331 1& Anatysl$ ol n•1 ass•ts b•tw••n funds Analysis of n•t ass•ts b•tvM•n funds- curr•nt year Unr•stri¢ted funds 2022 Total funds 2022 Cutt8nt asgets Creditors due within one year Crgditors dué In more than one year 126,614 (14,084) (65,735) 126,614 114,0841 165,7351 Total 46.795 46.795 Page 21
ASPIRE FOR YOUNG PEOPLE IA Company Limitod by Guarantee) NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 15. Analysis of nel assets b¢tw•èn funds (continued) Analysis ol nol assets bet¥Th nd$- prior year Unr8Strided fun(ts 2021 Tolal funds 2021 Currént assets Creditors du8 withln one year 145,464 (35, 133) 745,464 {35, 133) Total 110,331 110,331 14. R•lat•d party trnnsa¢tlons Aspire for YouThJ Poople was set up ty Aspire Schoo15 knadetyry Trust in 2021.The entlles share the common CEO and CFOO. therefore are related parties. Ouring the year. ASre Schools Ac8demy Trust Paid salaries on behalf ofAsFxre fof Young Peo8 and the balance was reimbursed to the Academy Trust. however 10 months, worth of salarigs were reimbursed in SeFrtember 2022 du8 to finance staff ab5en¢¢ e8rller in the year and therefore a rgmed porty b8&nce of £65,735 (2021.. NII) was owed to Asplr• S¢hool$ Academy Trust at the year end. Page22
Aspire for Young People 2022 Accounts
Final Audit Report 2023-06-29
Created: 2023-06-29 By: Katie Foster (Katie.Foster@bkl.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAJyRVZ5C2dX_0HyIgAddvO1Ar4OreuWKI
"Aspire for Young People 2022 Accounts" History
Document created by Katie Foster (Katie.Foster@bkl.co.uk)
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Agreement completed.
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