**Charity number: 1194248 Company number: CE025747** 

## **M7 Education** 

**Trustees' report and financial statements** 

**For the period 2 November 2023 to 1 November 2024** 



## **M7 Education CIO** 

|**Contents**||
|---|---|
||**Page**|
|Charity information|**1**|
|Trustee’s report|**2**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6 - 7**|
|Notes to the financial statements|**8 - 10**|





## **M7 Education CIO** 

## **Trustees report** 

|**Charity number**|1194248|
|---|---|
|**Company registration number**|CE025747|
|**Registered office**|49 Redhood Way West|
||Letchworth Garden City|
||Hertfordshire|
||SG6 6DD|
|**Independent Examiner**|Dominic Hill Associates Limited|
||Archer House|
||Britland Estate|
||Northbourne Road|
||Eastbourne|
||East Sussex|
||BN22 8PW|





The trustees present their report and unaudited financial statements for the period 2 November 2023 to 1 November 2024. 

## **Structure, governance and management** 

The charity is a Charitable Incorporated Organisation, registered number 1194248 and is constituted under a Foundation Constitution which came into force on 17 April 2018. 

The following persons served as trustees during the year; 

Mr S Minter - chair Mr P Minter Mrs S Quy Mr H Borovick 

New trustees are appointed by the existing trustees and in selecting individuals for appointment as charity trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity. The Constitution provides for a minimum of three trustees and there is no maximum. 

## **Objectives of the charity** 

The delivering of hands on workshops, activities and educational programs to encourage and develop organisational, interpersonal, communication and life skills to those individuals who are disabled of from an under privileged or disadvantaged background. To embrace the education and encourage all learners to take an active part in the local community. 

To relieve the charitable needs of the community in England and Wales by providing workshops and courses that; 

- a) Preserve and protect physical and mental health 

- b) Advance education and training of those in the community in need 

- c) Advance individuals in life and assist them to adapt to the wider community 

## **Chairman’s Review** 

The charity has run smoothly over the year, providing school trips and workshops for children in schools with above the average percentage of pupil premium.  We have received positive reviews from both teachers and students regarding the trips and workshops, showing aspirations and attainment both increasing.  We have also expanded to have partner schools with multiple trips/workshops throughout the year who are going to show the increase in attainment with student grade data. 


Simon Minter Trustee and Chairman 



M7 Education CIO
Independent examiner's report to the tnLStees on the unaudited financial statements of M7 Educalion
cio.
I report on ihe accounLs of M7 Education for the peri(MJ 2 Novemlrr 2023 10 l November 2024.
Respective respo￿]bilitieS of trustees and independent examiner
The Ch￿lty,￿ Iru%tc¢% at¢ respon%ible fur the prepdfdlion of the dLLounis. The trusiees L￿nSIder Ihai an audii is
noi required for this year under section 144121 of the CharÈtic% ALt 21111 Iihc 21111 ALI). tind ihal Jn
independent cxaJninalion 1% nc¢ded. I dm qualified io undenake ihe examinaiion by being a qualified n*mber
of ihe Insti1u￿ of Chdrtered Accounlanls in England and Wdles.
Having satisfied myself that the charity is nol subjfft io audii un(kr charity law and 18 eligible for independeni
examination. it is my re5ponsibiliiy io=
Exdtnin¢ the a¢L()unl% unil¢r %eLliun 145 of ihe 2011 Aci
To folli)w ihe procedures laid down in ihe gencral dircclions given by ihe Charity Commis%ion under
section 145I511bl of ihe 2011 ALI dnd
To ￿t￿e wheiher particular Tnatlers have come io my aiieniion
B&sis of independent ekwniner's s¢alemen¢
My examinaiion was carried out in accordanc¢ wilh the Generdl DireLiion% given by ihe Charity Commission.
An examination includ¢% a review of Lhe accouniing records kept by the charity and a Comp￿%0￿ of (h¢
account% pre4enied wilh ih05e records. It also includes considcratiOT] of any UnU%Udl iiem% or di￿10¥ureS in the
aLLounis, and ￿king explanalions from you d5 Iru4iee% concerning any %ULh mailer¥. The p￿￿edureS
undertakcn do n(Trl provide dll ihe evidenLe that would be required in an audit and ci)n4cqucnily upini(m i
given as io whether the ￿coUnt￿ presenl a 'lrue and fair vicw. and ihe re]x)rt 1% limiied iv tho%e milers %ei oui
in the statement below.
Independent examiner'5 51atement
In connection with ffjy exaTnitWion. no ￿ller has come io my aiieniion..
whiLh givcs me i¢d4onable cause io ￿lieve thai in any maierial restrti the requiremenis:
to keep proper accounling records in accordance wilh section 1311 of ihe 21111 Act- and
io prepare aLcoulli% which accord wilh ihe accouniing record%, comply wilh the acc()unting
requirements of Charities (Accounts and Reports) Regulation 2￿8 dnd wilh the meihods
prin¢iple4 vf ihe Siiilemeni of Re(ommended Praciice". ALCI)untsng and Rew>rting by Ch￿lieS have
n(A been mei: or
2. 10 which. in my opinion. al￿n¢l￿n 5h()uld be drawn in order lo enable a prO￿r under%undin¥ of the
accounts lo be redched.
Peter D HIII FCA
On Behall Of
D(TrminiL Hill Ass()Liaies Limited
Archer Huu%e
Britland ￿%￿le
Northbourn¢ Road
F.a%ibourne
BN22 8PW

## **M7 Education CIO** 

## **Statement of financial activities (incorporating the income and expenditure account) For the period 2 November 2023 to 1 November 2024** 

||**Unrestricted**|**Restricted**|**2024**|**2023**|
|---|---|---|---|---|
||**funds**|**funds**|**Total**|**Total**|
|**Notes**|**£**|**£**|**£**|**£**|
|**Incoming Resources**|||||
|Donations|103,359||103,359|120,388|
|**Total incoming resources**|**103,359**|-|**103,359**|**120,388**|
|**Resources expended**|||||
|Accountants fees|3,999||3,999|4,133|
|Activities & Travel|90,240||90,240|40,792|
|Directors Remuneration|36,000||36,000|36,000|
|Employer’s NI|1,852||1,852|3,850|
|IT Software|209||209|-|
|Postage, printing & stationery|65||65|-|
|Insurance|1,568||1,568|-|
|Legal and professional fees|103||103|228|
|Rent|2,388||2,388|3,221|
|Wages - Staff|14,460||14,460|1,200|
|Telephone|123||123|12|
|Bank Charges|132||132|20|
|Entertaining|-||-|47|
|Subscriptions|798||798|504|
|Depreciation|167||167|223|
|Advertising|370||370|199|
|**Total outgoing resources**|**152,474**|-|**152,474**|**90,429**|
|**Net incoming/(outgoing) resources for the year/**|||||
|**Net income/(expenditure) for the year**|**(49,115)**|-|**(49,115)**|**29,959**|
|Transfers|-|-|-|-|
|Total funds brought forward|38,286|-|38,286|8,327|
|**Total resources**|**(10,829)**|-|**(10,829)**|**38,286**|





## **M7 Education CIO** 

## **Balance sheet** 

## **As at 1 November 2024** 

|**Notes**<br>**Fixed assets**<br>**1**<br>Tangible assets<br>**Current assets**<br>Cash at bank and in hand<br>Debtors & prepayments<br>**2**<br>**Creditors: amounts falling due**<br>**within one year**<br>**3**<br>**Net**<br>**Assets**<br>**Funds**<br>Unrestricted funds<br>**4**<br>Restricted funds<br>**5**<br>**Total Funds**<br>**6**|**2024**<br>**£**<br>**£**<br>502<br>6,817<br>4,327<br>11,144<br>22,475<br>-<br>(10,829)<br>(10,829)<br>-<br>(10,829)|**2024**<br>**£**<br>**£**<br>502<br>6,817<br>4,327<br>11,144<br>22,475<br>-<br>(10,829)<br>(10,829)<br>-<br>(10,829)|
|---|---|---|
||11,144<br>22,475||
||||
|||(10,829)|
|||(10,829)<br>-|
|||(10,829)|





## **M7 Education CIO** 

## **Balance sheet (continued)** 

## **Trustees Statement of Responsibilities required by the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008 for the period ended 1 November 2023** 

In approving these financial statements as trustees of the charity we hereby confirm: 

(a) that for the year stated above the company was entitled to the exemption conferred by the Charities Act 2011; 

(b) that no notice has been deposited at the registered office of the company pursuant to the Charities Act 2011 requesting that an audit be conducted for the year ended 1 November 2024. 

(c) that we acknowledge our responsibilities for: 

(1) ensuring that the charity keeps proper accounting records which comply with the Charities Act 2011, and 

(2) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the year then ended in accordance with the Charities Act 2011, and which otherwise comply with the provisions of the Charities Act 2011 relating to financial statements, so far as applicable to the charity. 

These financial statements are prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with FRS102 issued on 16 July 2014. The financial statements have been prepared under the historical cost convention. 

> The financial statements were approved by the trustees on                                   and signed on their 28/08/2025 behalf by: 


**Simon Minter Chair of trustees** 



## **M7 Education CIO** 

## **Notes to financial statements** f **or the period ended 1 November 2024** 

## **1. Accounting policies** 

The principal accounting policies are summarised below. The accounting policies have been applied consistently  throughout the year and the preceding year. 

## **1.1. Basis of accounting** 

The financial statements prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with FRS102 issued on 16 July 2014 and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **1.2. Going concern** 

The trustees are of the view that the charity is a going concern and will continue for the foreseeable future. 

## **1.3. Incoming resources** 

The income consists of donations in the year. 

## **1.4. Resources expended** 

There was expenditure this year, this consisted largely of travel and activity costs for the client. 

## **1.5. Tangible fixed assets and depreciation** 

Expenditure on individual items of office and computer equipment costing less than £100 is written off in the period in which the expenditure incurred. 

## **1.6 Fund accounting** 

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Restricted funds are specifically for particular areas and projects undertaken by the charity. 

## **1.7. Average number of employees** 

The average number of employees during the year were 2. 

## **1.8. Reserves policy** 

The charity does not expect to need a large amount of reserves. The donations and grants in fund the ongoing events and workshops. The commitment to events is only made after funding is received so it has been decided by the trustees that the reserves needed are minimal. 



## **M7 Education CIO** 

## **Notes to financial statements for the period ended 1 November 2024** 

## **1. Tangible Fixed Assets** 

**Computer Equipment            Total COST** At 2 November 2023 and 1 November 2024                                                                    893 893 **DEPRECIATION** At 1 November 2023                                                                    223 223 Charge for year                                                                           168 168 At 1 November 2024                                                                     391 391 NET BOOK VALUE At 1 November 2024 **502 502** At 1 November 2023 **670 670** 

## **2. Debtors and Prepayments** 

|Other debtors<br>Payroll Liabilities<br>Accrued income|**2024**<br>**£**<br>4,327<br>-<br>-|
|---|---|
||4,327|



## **3. Creditors: amounts falling due within one year** 

|Accountancy<br>Payroll Liability<br>Income in advance<br>Director’s Current Account|**2024**<br>**£**<br>4,080<br>587<br>-<br>17,808|
|---|---|
||22,475|





## **M7 Education CIO** 

## **Notes to financial statements for the period 2 November 2023 to 1 November 2024** 

## **4.      Unrestricted funds** 

||**Balance at**||||**Balance at**|
|---|---|---|---|---|---|
||**2-Nov-23**|**Incoming**|**Outgoing**|**Transfers**|**01-Nov-24**|
||**£**|||||
|General fund|38,286|103,359|(152,474)|-|(10.829)|
|Designated fund|-|-|-|-|-|
||-|-|-|-|-|



## **5.     Restricted funds** 

||**Balance at**||||**Balance at**|
|---|---|---|---|---|---|
||**2-Nov-23**|**Incoming**|**Outgoing**|**Transfers**|**1-Nov-24**|
||**£**|||||
|Restricted funds|-|-|-|-|-|
||-|-|-|-|-|



## **6. Analysis of net assets by fund** 

|Current assets<br>Current liabilities|**Unrestricted**<br>**funds**<br>**£**<br>11,144<br>(22,475)<br>(11,331)|**Restricted**<br>**funds**<br>**£**<br>-<br>-<br>-|**2024**<br>**Total**<br>**£**<br>11,144<br>(22,475)|
|---|---|---|---|
||||(11,331)|



## **7.      Related party transactions** 

In the year the charity received £47,618 donations from Mintertainment Limited, and £5,584 donations from M7E Community Interest Company, these are businesses associated with Mr S Minter 

Mr N Minter received £36,000 as a wage from the charity, for the work undertaken in the year. 

## **8.      Reserves** 

There are currently negative £10,829 in the reserves as at the period end 1 November 2024.