Charity number: l 194248 Company number: CE025747 M7 Edu110 Tnuteu, report IlD sthtemellts For tbt period 2 November 2022 ¢0 l November 2011
M7 Educ•tion CIO Contents P4gt Charity infomiation Twsttt's report Independent exwniner5' rert Staiemeni or rinaneiil activities Balanc¢ shttt Notes to ¢he financial s1nentS 8-10
M7 EdueAtlon CIO Trustees report Cbarlty number 1194248 Company regijtration Dumber CE025747 Regiytered Holly Hedge5 Bu15trode Lwje Fclden H¢mel Hemp5t¢ad HP3 OBP Ind¢pendeDt Exqminer Dominic Hill Ass¢xiates Limited Archer Hous¢ Britland Estste Northbourne Road Eastboume East Sussex BN22 8PW
The trusttts present their Teport and un8uditrd financial ststem for the period 2 November 2022 to I November 2023. The cbariry is a Charitsble Irtco4K)rnted Or8am.l0 reered nwthlr 1194248 and i¥ COnlluted under a Foundation Cotkstitution wbich came iDto fo¢ on 17 APTII 2018. The following peTnS served &8 I[te durÉng th¢ yw. MT S Minter- chair MT P Mint¢r Mr5 S Quy Mr H Boyovick N¢w trust¢¢s ¥re aFg0iMed by the existing tn itt selecting iTrth"vjth for appointment as charity trstee5, the trusttxs must have regard to the skills. kmwledgc and ex[rience needed for th¢ effective athninistratioll of th¢ charity. Th¢ ConitiNion wovths for a minimum of three trLLqttts and there ts no m]mum. Objedlves of the thxrity The delivering of hands OD workshops, activities and education prowants to and develop orgat)isationa]. Interpeal, communication and life skills to those individuals who are disabled of from an under privileged or disadvantag¢d baCku1 To embrace the education and encourag¢ all leamers to tske a active part in the local community. To lieve tbe charitable needs of the o)nJmunity in Hemel Hempel and the surroutiding districts by providillg workshops and courses thaL a) Prrserve and protcct phys2cal and mentsl health b) Advance education and training of those in the commuDity ID De¢d c) Advance indivithds in iifc assist them to adapt to the wiikr commuDity ChairrnAn'$ R¢e Over the l&st y¢ar M7 EthKation hLs belp&l provide Sc1K)I for s¢hiM)Is with aknve the average number of pupil prernium students to achieve our charttable aim. We ee1Ved grtat feedback from both students and twhers and havc bccn s¢nt amaang data show1ng that thcsc trips hav¢ a hugc cffcct on thc Icarning and aspirations of these swdents. (A Parth¢r Schools have continued to Teceive our support and have seen a ri in attainment for the strjdents involvqL Sim¢)n Minter
M7 Education CIO Independent eIaniiDer's reptsrt to tlte trusteu illl the umudited flD8Dci•I Statements of M7 Edu¢ation cio. I report on the a¢Uts of M7 Education for the peri(Ml 2 November 2022 to l November 2023. Respective reJponJibilltles of tnESteeg ttd IDdependent examSner The charity's lThst¢es are responsible for the preparation of the accounts. The trustees ¢onsider that an audit is not Twuld fvr this y¢ar undcr sxtion 14412) of the Charitics Act 2011 (th¢ 2011 Act), and that an indwndent examination is needed. l am qualified to undertake the examination by bein8 a qualified mernber of the Insi]te of Clwtered Accountsnis in England and W8les. Having sat1sfi myself that the charity 15 not subj¢ci to audit under charity law and is ¢ligible for ind¢pendent exarnination, it is my responsibility to.. Examine the accounts under section 145 of the 2011 Act To follow the procedures laid down in the general dirertkon5 given by the Charity Commission under section 145(5)Ib} of the 2011 Act and To state whether particular matters have come to my attention Bas18 of indepeDdent eumin¢r's sttem¢llt My exomimation was carried out in accordance with ihe General Directions given by the Charity Commission. An examination includes a review of th¢ accounting records kept by the charity atsd a comparison of the accounts pte5ent¢d with those recor(ts. It also includes consideration of any unusual items or disclosures in th¢ accounL%, and secking explanations from you as trustees concerning any such matter5. The proccdures undertaken do not provide all the eviden¢e that would be required in an audit and consequently no opinion is given as to whether th¢ accounts present a'true and fair vi¢w' and the r¢port is limited to those matters Set out in th¢ ststement below. lodependent ex•miner'$ st*temellt In Conncction with my exatninatiO no matter come to my attention: whiLh gives me reasonable cause to believe that in any material respect the r¢quirements.' to keep proper aecounting records in accordance WEth section 130 of the 2011 Act; and to prepar¢ accounts which accord with the a¢countin8 r¢con15. comply with the aUnting requirements of Charities (Accounts amd Rewrtsl Regulaiion 2(K)8 and with the methods and principles of the Statement of Recommendcd Practice." Accouttting and R¢porting by Charities have not becn met., or 2. to which, in my opinton. attention should be dr&wn in order to enable a proper understhnding of the accounts to b¢ reached. Peter D Hill FCA On Behalfof Dominic Hill Associates Limited Archer House Briiland Eststc NorthtM)urne Road Eastbourne E4St Sussex BN22 8PW
M7 Edu¢atioD CIO Sttemellt of fiDancil acdvhles {Incorpor•tiDg the Income and expendire account) For the perlod 2 November 2022 to l Novenbber 2023 2023 Totsi 2022 Total ruJMI• Iwiml•¥ Rejourcu Ihnaiions 120,388 120,J88 120.388 120288 85.167 85.167 tipemded Accounw)Is fe¢s Ac¢ivitie5 & Trnv¢l 4.133 4.133 410,792 36.(KK> 3.850 32.165 36.(Krf) 3.923 462 Employw'5 NI IT Softwwc PoslaAe. prinling & 51aiioTLery Le8al profusio] fe¢¥ Rent Wagu- St•ff Telephon¢ Battk Ch8¢5 Entertainitt8 Subjcn'ptio [kpr¢¢tIofi Adv¢rtisin8 Tot1 out%olD8 reK•urc 3.850 228 3221 12(XJ 12 228 3.221 1.2ix 12 20 47 504 223 47 223 Irp) 90.429 .429 76.9 Yet ltttotthlNyJlout%olnRI resource• for th¢ ymrl 29.959 29.959 8,327 Tran5fets Total fvnds brought forward .327 8.327 Totl 38286 38.286 8,327
M7 Educatlon CIO B4l•oce Sheet Ai #t l November 21123 2023 Noi Flxtd 4ixts 1an8ibl¢ assct9 070 Current AJxt• C&sh li bank 8nd in hand 41.947 Debtor5 & PT¢paymen 3075 45.021 Credlton.. athounts fallln% dy¢ vAthln on ytr 7.403 Nel Auets 37.617 Fund• Unre8th¢t¢d fur Re8tri¢t¢d furhdJ 38,280 Totsl 38.286
M7 Edu¢don CIO BaJDce ibeet (¢o•thiu¢d) Trusteu Sl4temeD¢ of R¢spoDslbllltleJ requlred by tbe Charltlts Act 2011 and ibe Ch•rlty (AcfouTh¢J •nd R¢portBI ReKul*tltsDI 2(IlJ8 for Ibe ptrlod ended l November 2023 Ill approvin¥ these financial slatemmts trust¢e8 of th¢ charity w¢ her¢by eonfirni.. (a) for (he yeAT $ed above the coMpY enlided the ¢x¢rnpti( ¢onf¢rreJ by the Charities A¢L 2011- Ib) th&t no notice has bcen dcposited ai the regisler¢d office of ihc Lompany puT8nt to the Chwitie$ Act 2011 reque81in8 that an audit be conducied for ihe year ended l November 2023. (c) th•t we acknowled8e (W Tcsponsibilities for. (l) akwring the charity kws prop accoun¢ing rOrdS which comply with th¢ c.harities Act 2011, and {2) prep1Th8 finthciai 8tst¢menls which 8iv¢ o tru¢ and fair view of th¢ s¢atc of affaiTJ of the ¢h•rity 4s 4t th¢ end of the financial Ye and of it8 profit or105% for the Ye then ended in aeeordance with the Charilies Act 2011, and which otherwise comply with th# provisions of the Charitie8 Aci 2011 relatin8 to finCl Siatements. w far 4>plicable lo the charity. TheBe fin¢141 %tJiemenL4 we prepar•J in Accordance with ihe Statemenl of Recornmended Practice.. A)untIng and RwrtiDB by Charitlcs pr¢phnnB th¢ir accounls in accordancc with FRS102 issued on 16 July 2014. Thc financial stalern¢ntJ have been prepar under the hi8torical c08t conveniion. The fina111 tht¢m¢nts wer¢ Approved by the tru#e¢s on and siped OD beIT by: SlmoD Mlnter ChAlr ffif truiteei
M7 Educadon CIO Notes to fjnancial 8ttementg for tbe period ended l November 2023 A¢countlDg poMde8 The principal aecounting wlicies are 5urnmarised below. The aountin8 policie$ have been applied consistently ihroughout th¢ ycar alld the pre£¢ding year. sis of ccounting The financial 5tatcm¢nts prepared in accordance with the Statement of Recommend¢d Practice.. Accounting and RetK>rting by Chan"tie5 preparing their aceounts in accordan¢e with FRS102 issued on 16 July 2014 and th¢ Chariiies Act 2011. The financi ststements have been prepored under the historical cost convention. 1.2. Going ¢onttrD The Intstees are of the view that the chan.ty i8 a going concern and will continue for the foreseeable future. IJ. Incoming ruources The Inco consists of donatio in the y¢4r. 1.4. Re8ourees expended There was expenditur¢ this year. this consisted largely of travel and activity costs for the client. 1.5. Tangible flxed ¢t8 deprecixdon Tangible fixed assets Depreciation is providcd at the following annual rntcs in order to WTite off each awt over its cstirnated SeFul life. Computer Equipment- 25 /0 on reducing balance 1.0 accounting UnrestrÈctcd fimds are avatlable to spend on activiti¢s that fittther any of the pwposes of charity. R¢$tTiCted fun(Ls are specifically for partkcul4r are and projecls undertaken by the charity. Average number olemploye The avera8e number of employees during the year were 2. 1.8. Reyerves policy Th¢ ¢han"ty do¢s expect to need a large amount of reserv¢s. The domtions and grants in fijnd the ongoing events and workshops. The cornmithient to events is only made after funding is received so it has b¢en decided by the tn]stees that the reserves needed are minilnal.
M7 EductiOD CIO Notes to financial sta¢tmenls for the perlod ended l November 2023 Tnelbl¢ Fl¥ed Asvti Computer kqyipmtnt TotAI COST At 2 November 2022 and l Novembcr 2023 89 DEPRF.CIATION At l February 2022 Charg¢ for y¢ar At 31 Janu8ry 2023 NET BOOK VALUE At l NoY¢mbcr 2023 At l Nov¢mber 2022 Debtors aDd PrepymeDtI 2023 A¢count Payroll Liibilttiu Accrued iii¢um¢ 3075 Credllors: ajnounts f]llD% due wlthln Olle year 2023 Ac¢ourtlBncy Payroll Liability Iniomi in advance Amount due Tnjstee 3.0(M) 3.329
M7 Educxtloll CIO Note8 to finallcial sta¢emeDts for the period 2 November 2022 to I Iyovember 2023 Unreltrlcted funth Balance At 01-Nov-23 2-Now-22 Ibcomlng OMtgolDI TTnJf¢rs Gcn¢ral fund D¢5igtiated fimd .327 120,388 90,429 38,286 Reitrlded fvndi Blance t 2-Nov-22 Blnce •t l-Nov-23 Incomlng OutgolD8 Tr•nsfer• R¢wi¢ted funds Analysb of net wets by rThd UDTeitrlcted fund• R¢•trtcttd 2023 Tot1 Current ets Currcnt liibilities 45,022 7.405 45.022 7,405 R¢i•ted p*rty trAnSaCtltsni In the year the ¢harity receiv¢d two d¢mations ftom Sidemen's Clothing Limited, this is a busine58 associated with Mr S Mint¢r Mr N Minter received £36,0(M) ¥s a wAg¢ from th¢ charity, for the work undertsken in thc year. R¢serveJ There are currently £38.286 in the reserves as at the period end l Nov¢mber 2023.