REGISTERED COMPANY NUMBER: 12165279 (England and Wales) REGISTERED CHARITY NUMBER: 1192080
Report of the Trustees and
Unaudited Financial Statements for the Period 1 May 2022 to 31 March 2023
for
Strength & Stem Ltd
Daniel Sam Limited Chartered Accountants
61 Plodder Lane Farnworth Bolton BL4 0BX
Strength & Stem Ltd
Contents of the Financial Statements for the Period 1 May 2022 to 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |
Strength & Stem Ltd
Report of the Trustees for the Period 1 May 2022 to 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 May 2022 to 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Charity objects
The charity's purposes as set out in the objects contained in the company's articles of association are:
- for the relief of poverty and unemployment of women affected by human trafficking by the provision of floristry training and workshops and other education, training and support, carried out in accordance with Christian values and principles.
Charity purpose and strategic objectives
Strength & Stem's aim is to empower female survivors of human trafficking and modern slavery living in the UK so that they can live their lives free of the effects of exploitation and disadvantage. The charity equips them with life skills, vocational skills, prevocational skills, one-to-one support, and community as part of its holistic and trauma-informed training programmes. Our approach employs floristry as a creative, therapeutic tool, a social tool, and a vocational pathway into an industry in which many survivors wish to work.
Public benefit
The charity's main activities are described in the sections below. The board of trustees is satisfied with the performance of the charity during the year and in planning the activities the trustees have had regard to the Charity Commission's guidance on public benefit.
Page 1
Strength & Stem Ltd
Report of the Trustees for the Period 1 May 2022 to 31 March 2023
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Strength & Stem take women through a holistic skills training programme consisting of four stages. The first stage begins with floristry (vocational) training over a four-week period. The second stage focuses on skills (prevocational) development sessions over an additional four-week period. Following this, women are given the opportunity to work one-to-one with a mentor over four months whilst concurrently undertaking a work practice placement over two weeks. Finally, following a graduation ceremony, programme participants become part of Strength & Stem's alumni community and can access regular alumni events. Women are referred to our programme from partner charities and organisations.
In addition to our programmatic work, we aim to amplify survivor voices through networking, marketing and publication of guides and reports. We are developing a best-practice guide for employing female survivors, to support recruitment and retention of a motivated, diverse workforce that enables female survivors to be economically active and financially independent.
Outputs
-
18 women supported.
-
48 hours of floristry skills training delivered.
-
24 hours of supplementary skills training delivered.
-
52 hours of mentoring sessions delivered.
-
69 days of work experience practice placements completed by programme participants.
Of the women we supported in 2022, 100% were survivors of human trafficking.
Outcomes
We aim to see survivors socially and economically empowered. We measure this through certain sub-categories which are: improved self-esteem, confidence, self-efficacy, sense of being valued by others, and ability to maintain personal wellbeing. We also aim for survivors to gain a variety of practical (vocational and prevocational) and social skills necessary for employment.
Our impact measures show that our programmes result in survivors experiencing improved wellbeing, and a strong sense of community belonging. Survivors tell us that they feel happier, more confident, and better prepared to work in the UK.
-
100 % participants reported that the programmes helped them become better prepared for employment. - 100% participants reported that the programmes helped them grow their social network.
-
100% participants reported that the programmes helped them to improve their wellbeing.
Main achievements
We delivered our second complete skills training programme (the programme was newly developed in early 2022). This allowed us to gather further feedback and insight into programme efficacy and highlighted some important developments which we will be implementing in the coming financial year.
We were able to employ a survivor from our network to lead the floristry training programme.
The trustee board mandated the establishment of a Survivor Advisory Board which is currently being recruited to from programme alumni; this will ensure that the development and delivery of our work remains survivor centred.
We broadened our referral partner network; Strength & Stem now receives referrals from more than ten charities and partner organisations.
We delivered the first two alumni events for programme graduates. The purpose of alumni events is to extend and consolidate community networks and offer further learning opportunities.
Our staff team grew from one to three part-time members, and we brought on two new trustees (a Company Secretary and a Treasurer). This will allow our work to be better supported and demonstrates a higher level of organisational resilience and sustainability.
Page 2
Strength & Stem Ltd
Report of the Trustees for the Period 1 May 2022 to 31 March 2023
FINANCIAL REVIEW
Financial position
The charity's activities during the year were well funded through grants and donations. The charity has secured grant funding for its programmatic activities for the upcoming financial year, and otherwise has minimal fixed costs to fund in between programmes. It is therefore in a good position as it plans for future programmes and the expansion of its work.
Principal funding sources
The principal funding sources for the charity are currently grant funding and public donations. For future activities, the charity has been able to secure some grant funding from key donors. The charity is looking to apply for further grant funding from Trusts and Foundations, and to run additional direct-to-public fundraising campaigns, to boost its resources, capability, and reach.
Reserves policy
The Charity Commission sets out the responsibilities of the Trustees of a charity to determine the level of reserves it needs to hold to manage the risks inherent to each individual charity.
Charitable funds generally break down into three types:
-
restricted funds - to be spent on specific activities, as agreed with the donor;
-
designated funds - specific obligations or commitments trustees have chosen to make on future activities; and
-
general funds / 'free' reserves - no restrictions as to their use, within the organisation's charitable objectives.
Both designated and general funds are unrestricted. Trustees have full discretion on how these are spent, within the charitable objectives.
The trustees of Strength & Stem have determined that the charity is required to hold unrestricted reserves in a designated reserve named the Operating Reserve to ensure the stability of its mission, programmes, employment, and ongoing operations. The main aim of the Operating Reserve is to provide an internal source of funds to allow the charity to continue to meet its charitable objectives during situations of financial uncertainty including unanticipated loss in funding. The Operating Reserve may be used for nonrecurring expenses that will build long-term capacity, such as staff development. Operating Reserves are not intended to replace a permanent loss of funds or eliminate an ongoing budget gap.
To manage the above, the trustees have agreed that the target minimum Operating Reserve Fund should be equal to three months of average future operating costs. As at 31 March 2023, this is valued at £21,899. Total general funds were £29,494, which is equivalent to four months of average future operating expenditure. These additional funds, equating to £7,595, will be used to fund the costs of the charitable programmes to the extent of the shortfall between the costs of running the programmes and the restricted grants we receive, alongside the costs of generating funds and the administrative costs of running the charity. We will also use these funds to plan and pilot new programmes to expand our portfolio of support to help even more female survivors of human trafficking.
The trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
FUTURE PLANS
In the coming year, the charity will roll out a longer version of its training programme. This is in response to feedback from programme participants who have indicated that they would like more time to implement the skills learnt, and to develop the community built. The new programme will deliver both the floristry and skills training over six weeks each, mentorship over six months, and work experience over six weeks.
The charity is also developing the pilot of a shorter, less intense floristry training programme for those who might find the longer-term training programme too intense at their stage of recovery. The purpose would be to provide a space focussed more exclusively on wellbeing and community development rather than employment orientated. In addition, the charity will continue to develop its longer-term support offerings in the form of the alumni programme.
Finally, the charity will progress the detailed development of a report which will act as a guide to UK employers on supporting survivors into and for the duration of their employment.
Page 3
Strength & Stem Ltd
Report of the Trustees
for the Period 1 May 2022 to 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a memorandum and amended articles of association dated 19 October 2020, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
12165279 (England and Wales)
Registered Charity number
1192080
Registered office
81 Rectory Lane Byfleet West Byfleet Surrey KT14 7LX
Trustees
E S Channon E A Read J M A Visser C A MacIver (appointed 1.1.23) J Moberly (appointed 1.1.23)
Independent Examiner
Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX
Approved by order of the board of trustees on ............................................. and signed on its behalf by: Aug 10, 2023
........................................................................ J M A Visser - Trustee
Page 4
Independent Examiner's Report to the Trustees of Strength & Stem Ltd
Independent examiner's report to the trustees of Strength & Stem Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the period 1 May 2022 to 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Gracian Daniel-Sam ACA Daniel Sam Limited Chartered Accountants 61 Plodder Lane Farnworth Bolton BL4 0BX
Date: .............................................Aug 14, 2023
Page 5
Strength & Stem Ltd
Statement of Financial Activities for the Period 1 May 2022 to 31 March 2023
| Period | Period | ||||
|---|---|---|---|---|---|
| 1.5.22 | 1.9.21 | ||||
| to | to | ||||
| 31.3.23 | 30.4.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 48,248 | 19,460 | 67,708 | 29,307 | |
| Other trading activities | 2 | - | - | - | 6,401 |
| Total | 48,248 | 19,460 | 67,708 | 35,708 | |
| EXPENDITURE ON | |||||
| Raising funds | 1,040 | - | 1,040 | 6,448 | |
| Charitable activities | |||||
| Employment and running costs | 1,131 | 25,849 | 26,980 | 13,618 | |
| Programme delivery | 818 | 16,172 | 16,990 | 4,895 | |
| Other | 1,549 | 462 | 2,011 | 727 | |
| Total | 4,538 | 42,483 | 47,021 | 25,688 | |
| NET INCOME/(EXPENDITURE) | 43,710 | (23,023) | 20,687 | 10,020 | |
| Transfers between funds | 7 | (15,124) | 15,124 | - | - |
| Net movement in funds | 28,586 | (7,899) | 20,687 | 10,020 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 908 | 11,621 | 12,529 | 2,509 | |
| TOTAL FUNDS CARRIED FORWARD | 29,494 | 3,722 | 33,216 | 12,529 | |
The notes form part of these financial statements
Page 6
Strength & Stem Ltd
Balance Sheet
31 March 2023
| 31.3.23 | 30.4.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 5 | 426 | - | 426 | - | |
| CURRENT ASSETS | ||||||
| Cash at bank | 29,768 | 30,429 | 60,197 | 13,327 | ||
| CREDITORS | ||||||
| Amounts falling due within one year | 6 | (700) | (26,707) | (27,407) | (798) | |
| NET CURRENT ASSETS | 29,068 | 3,722 | 32,790 | 12,529 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 29,494 | 3,722 | 33,216 | 12,529 | ||
| NET ASSETS | 29,494 | 3,722 | 33,216 | 12,529 | ||
| FUNDS | 7 | |||||
| Unrestricted funds | 29,494 | 908 | ||||
| Restricted funds | 3,722 | 11,621 | ||||
| TOTAL FUNDS | 33,216 | 12,529 | ||||
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
Strength & Stem Ltd
Balance Sheet - continued 31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: Aug 10, 2023
............................................. J M A Visser - Trustee
Claire MacIver (Aug 10, 2023 22:41 GMT+1)............................................. C A MacIver - Trustee
Joanna Moberly Joanna Moberly (Aug 14, 2023 08:04 GMT+1)............................................. J Moberly - Trustee
The notes form part of these financial statements
Page 8
Strength & Stem Ltd
Notes to the Financial Statements for the Period 1 May 2022 to 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| Period | Period | |
| 1.5.22 | 1.9.21 | |
| to | to | |
| 31.3.23 | 30.4.22 | |
| £ | £ | |
| Fundraising events | - | 125 |
| Social enterprise sales | - | 4,844 |
| Floristry workshops | - | 1,432 |
| - | 6,401 | |
continued...
Page 9
Strength & Stem Ltd
Notes to the Financial Statements - continued for the Period 1 May 2022 to 31 March 2023
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Period | Period | |
|---|---|---|
| 1.5.22 | 1.9.21 | |
| to | to | |
| 31.3.23 | 30.4.22 | |
| £ | £ | |
| Depreciation - owned assets | 30 | - |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 March 2023 nor for the period ended 30 April 2022.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 March 2023 nor for the period ended 30 April 2022.
5. TANGIBLE FIXED ASSETS
| COST | Computer equipment £ |
|---|---|
| Additions | 456 |
| DEPRECIATION | |
| Charge for year | 30 |
| NET BOOK VALUE | |
| At 31 March 2023 | 426 |
| At 30 April 2022 | - |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
| Trade creditors | 31.3.23 30.4.22 £ £ 122 - |
| Social security and other taxes | 1,585 360 |
| Accruals and deferred income | 700 438 |
| Deferred grants | 25,000 - |
| 27,407 798 |
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
continued...
Page 10
Strength & Stem Ltd
Notes to the Financial Statements - continued for the Period 1 May 2022 to 31 March 2023
7. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | Transfers | ||
| movement | between At |
||
| At 1.5.22 | in funds | funds 31.3.23 |
|
| £ | £ | £ £ |
|
| Unrestricted funds | |||
| General fund | 908 | 43,710 | (15,124) 29,494 |
| Restricted funds | |||
| Salaries and running cost fund | 4,173 | (9,851) | 9,400 3,722 |
| Project based fund | 7,448 | (13,172) | 5,724 - |
| 11,621 | (23,023) | 15,124 3,722 |
|
| TOTAL FUNDS | 12,529 | 20,687 | - 33,216 |
| Net movement in funds, included in the above are as follows: | |||
| Unrestricted funds | Incoming resources £ |
Resources Movement expended in funds £ £ |
|
| General fund | 48,248 | (4,538) 43,710 |
|
| Restricted funds | |||
| Salaries and running cost fund | 16,460 | (26,311) (9,851) |
|
| Project based fund | 3,000 | (16,172) (13,172) |
|
| 19,460 | (42,483) (23,023) |
||
| TOTAL FUNDS | 67,708 | (47,021) 20,687 |
|
| Comparatives for movement in funds | |||
| Unrestricted funds | At 1.9.21 £ |
Net movement in funds £ |
Transfers between At funds 30.4.22 £ £ |
| General fund | 2,509 | (1,101) | (500) 908 |
| Restricted funds | |||
| Salaries and running cost fund | - | 4,173 | - 4,173 |
| Project based fund | - | 6,948 | 500 7,448 |
| - | 11,121 | 500 11,621 |
|
| TOTAL FUNDS | 2,509 | 10,020 | - 12,529 |
continued...
Page 11
Strength & Stem Ltd
Notes to the Financial Statements - continued for the Period 1 May 2022 to 31 March 2023
7. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 7,497 | (8,598) | (1,101) | |
| Restricted funds | ||||
| Salaries and running cost fund | 16,461 | (12,288) | 4,173 | |
| Project based fund | 11,750 | (4,802) | 6,948 | |
| 28,211 | (17,090) | 11,121 | ||
| TOTAL FUNDS | 35,708 | (25,688) | 10,020 | |
| Fund details | ||||
| Salaries and running cost fund | Grant funding for employment of staff to further | the charity's | objects. | |
| Project based fund | Grant funding for project costs. |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 March 2023.
9. INDEPENDENT EXAMINER'S REMUNERATION
The amount payable to the Independent Examiner for final preparation of the financial statements and carrying out the independent examination was £700 (2022: £396).
Fees of £570 (2022: £294) were also payable to the Independent Examiner for the provision of outsourced payroll services and a bookkeeping software licence.
Page 12
Strength & Stem Ltd
Detailed Statement of Financial Activities for the Period 1 May 2022 to 31 March 2023
| Detailed Statement of Financial Activities for the Period 1 May 2022 to 31 March 2023 |
|||||
|---|---|---|---|---|---|
| Period | Period | ||||
| 1.5.22 | 1.9.21 | ||||
| to | to | ||||
| 31.3.23 | 30.4.22 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| £ | £ | £ | £ | ||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies | |||||
| Donations | 2,842 | - | 2,842 | 586 | |
| Gift aid | 406 | - | 406 | 511 | |
| Grants | 45,000 | 19,460 | 64,460 | 28,210 | |
| Other trading activities | 48,248 | 19,460 | 67,708 | 29,307 | |
| Fundraising events | - | - | - | 125 | |
| Social enterprise sales | - | - | - | 4,844 | |
| Floristry workshops | - | - | - | 1,432 | |
| - | - | - | 6,401 | ||
| Total incoming resources | 48,248 | 19,460 | 67,708 | 35,708 | |
| EXPENDITURE | |||||
| Raising donations and legacies | |||||
| Fundraising platform | 162 | - | 162 | 990 | |
| Advertising | - | - | - | 54 | |
| Consultancy | - | - | - | 170 | |
| Fundraising event | 878 | - | 878 | - | |
| Other trading activities | 1,040 | - | 1,040 | 1,214 | |
| Purchases | - | - | - | 2,959 | |
| Subcontractors | - | - | - | 1,504 | |
| Shipping | - | - | - | 469 | |
| Other cost of sales | - | - | - | 302 | |
| - | - | - | 5,234 | ||
| Charitable activities | |||||
| Wages | - | 25,286 | 25,286 | 11,846 | |
| Pensions | - | 563 | 563 | 148 | |
| Insurance | 414 | - | 414 | 347 | |
| Postage and stationery | 91 | - | 91 | 54 | |
| Sundries | - | 623 | 623 | 116 | |
| Materials | 338 | 5,248 | 5,586 | 1,365 | |
| Gifts | - | 297 | 297 | - | |
| Carried forward | 843 | 32,017 | 32,860 | 13,876 |
This page does not form part of the statutory financial statements
Page 13
Strength & Stem Ltd
Detailed Statement of Financial Activities for the Period 1 May 2022 to 31 March 2023
| Period | Period | |||
|---|---|---|---|---|
| 1.5.22 | 1.9.21 | |||
| to | to | |||
| 31.3.23 | 30.4.22 | |||
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Charitable activities | ||||
| Brought forward | 843 | 32,017 | 32,860 | 13,876 |
| Tuition | - | 1,295 | 1,295 | 1,419 |
| Catering | 30 | 3,073 | 3,103 | - |
| Venue hire | 376 | 1,916 | 2,292 | 2,020 |
| Travel | 149 | 3,518 | 3,667 | 46 |
| Computer running costs | - | 59 | 59 | 152 |
| Consultancy | 551 | - | 551 | 1,000 |
| Subscriptions | - | 143 | 143 | - |
| Support costs | 1,949 | 42,021 | 43,970 | 18,513 |
| Finance | ||||
| Bank charges | - | - | - | 37 |
| Information technology | ||||
| Computer running costs | 288 | - | 288 | - |
| Depreciation of equipment | 30 | - | 30 | - |
| Other | 318 | - | 318 | - |
| Postage and stationery | 22 | - | 22 | - |
| Subscriptions | 109 | - | 109 | - |
| Travel | 57 | - | 57 | - |
| Governance costs | 188 | - | 188 | - |
| Accountancy and legal fees | 713 | 462 | 1,175 | 690 |
| Board support and training | 330 | - | 330 | - |
| 1,043 | 462 | 1,505 | 690 | |
| Total resources expended | 4,538 | 42,483 | 47,021 | 25,688 |
| Net income | 43,710 | (23,023) | 20,687 | 10,020 |
This page does not form part of the statutory financial statements
Page 14
2023-08-14
S&S Accounts 31-3-2023 FINAL
Final Audit Report
Created: 2023-08-10 By: Gracian Daniel-Sam (gracian@danielsam.com) Status: Signed Transaction ID: CBJCHBCAABAAbA2DEsyaZvpOnZb1A4BPhInRHz5-BxAl
"S&S Accounts 31-3-2023 FINAL" History
Document created by Gracian Daniel-Sam (gracian@danielsam.com) 2023-08-10 - 12:54:05 PM GMT
Document emailed to Jessica Visser (jess@strengthandstem.com) for signature
2023-08-10 - 12:58:41 PM GMT
Email viewed by Jessica Visser (jess@strengthandstem.com) 2023-08-10 - 4:04:36 PM GMT
Document e-signed by Jessica Visser (jess@strengthandstem.com) Signature Date: 2023-08-10 - 4:05:30 PM GMT - Time Source: server
Document emailed to Claire MacIver (treasurer@strengthandstem.com) for signature 2023-08-10 - 4:05:31 PM GMT
Email viewed by Claire MacIver (treasurer@strengthandstem.com) 2023-08-10 - 9:39:41 PM GMT
Document e-signed by Claire MacIver (treasurer@strengthandstem.com) Signature Date: 2023-08-10 - 9:41:37 PM GMT - Time Source: server
Document emailed to Joanna Moberly (cosec@strengthandstem.com) for signature 2023-08-10 - 9:41:39 PM GMT
Email viewed by Joanna Moberly (cosec@strengthandstem.com) 2023-08-14 - 7:03:42 AM GMT
Document e-signed by Joanna Moberly (cosec@strengthandstem.com) Signature Date: 2023-08-14 - 7:04:12 AM GMT - Time Source: server
Document emailed to Gracian Daniel-Sam (gracian@danielsam.com) for signature 2023-08-14 - 7:04:13 AM GMT
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Document e-signed by Gracian Daniel-Sam (gracian@danielsam.com) Signature Date: 2023-08-14 - 8:18:11 AM GMT - Time Source: server
Agreement completed.
2023-08-14 - 8:18:11 AM GMT