Registered Charity Number: 1195650
MORE EDUCATION
TRUSTEE’S REPORT
AND
FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024
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Table of Contents
Charity Reference and Administrative Details ......................................................................................................... 3 Trustees’ Report for the period ended 31 August 2024 .......................................................................................... 4 Independent Examiner’s Report to the Trustees .................................................................................................. 11 Statement of Financial Activities........................................................................................................................... 12 Statement of Financial Position ............................................................................................................................ 14 Notes to the Financial Statements ........................................................................................................................ 16
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More Educaton
Trustees’ Report for the year ended 31 August 2024
Charity Reference and Administratve Details
| Trustees | Charlie Portlock | Appointed 14thJune 2023 |
|---|---|---|
| Rebecca Belbin | Appointed 6thMarch 2020 | |
| Christopher Rist | Appointed 29thNovember 2021 | |
| Carly Considine | Appointed 9thMarch 2022 | |
| Amy Hyde | Appointed 6thJune 2024 | |
| Rebecca Hall-Franke | Appointed 14thJune 2023 |
|
| Lee Iveson | Appointed 6thJune 2024 | |
| Sarah Mackaness | Appointed 6thJune 2024 | |
| Melanie Phipps | Appointed 20thApril 2023 | |
| Charity Secretary | Rebecca Belbin | |
| Charity Treasurer | Amy Hyde (Interim) | |
| Charity Chairperson | Charlie Portlock | |
| Registered Charity No. | 1195650 | |
| Principal Ofce | 83 High Street Andover |
|
| Hampshire | ||
| SP10 1LR | ||
| Independent Examiner | Severn Accountng | |
| Shaw Mews | ||
| 1 Shaw Street | ||
| Worcester | ||
| WR1 3QQ | ||
| Bank | CAF Bank | |
| 25 Kings Hill Avenue | ||
| Kings Hill | ||
| West Malling | ||
| Kent | ||
| ME19 4JQ |
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Trustees’ Report for the period ended 31 August 2024
The Trustees present their report and the independently examined accounts for the period ended 31 August 2024.
Objectves
The charity exists to meet the following objectives:
1. To advance the education of children and young people aged between 5 and 16, in particular those who are neurodivergent, but also physically disabled children, through the provision of a special school or schools.
2. To relieve the needs of neurodivergent individuals, their families and carers, in such ways as the trustees may from time to time decide.
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Vision
We continue to aim for an inclusive society where neurodivergent young people, adults and their families are able to live safe, sustainable and independent lives. We will achieve this through offering training, education, outreach and community opportunities.
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Purpose
To support and advocate for all neurodivergent people across Hampshire and the Isle of Wight by providing safe spaces (whether in person or online) and educational opportunities. Also to provide awareness, and promote acceptance as a trusted, authentic and professional neurodivergent-led charity.
We continue to provide support to neurodivergent families and adults, through peer support groups via the Koala Hub (a community hub for our beneficiary groups). Peer support groups ranged from Toddler groups to Teen groups to adult groups (both online and in person).
Our education provision now includes a growing alternative provision. This alternative provision provides parttime education to young people who cannot access a traditional education setting. This is achieved through 1:1 tutoring and our distance learning boxes.
Structure, Governance and Management
More Education continues to support autistic and otherwise neurodivergent young people and adults across Hampshire. This financial year has seen the education provision develop nationally and the community provision support young people and adults from Hampshire, Wiltshire and Berkshire.
All Trustees of More Education are volunteers and recruited following an open application process. Trustees hold office until the conclusion of the meeting of Trustees in the calendar year of the third anniversary of their appointment by may be re-appointed at that meeting of Trustees.
The charity is guided by the charity’s constitutional document.
The Trustees continue to retain a diverse breadth of experience across the board as well as the inclusion of autistic individuals . Following the resignation of treasurer Victoria Laverty, the trustees would like to take the opportunity to thank Victoria for her service in the role and wish her every success for the future.
The Trustees maintain a formal risk review process whereby risks to the charity’s activities are captured, assessed, assigned an owner, and what action is to be taken towards mitigating these risks. This ‘Risk Register’ is reviewed at each meeting of the Trustee Board and a full internal risk assessment is incorporated into the annual planning process. At all times the Trustees give due regard to the Charity Commission guidance CC26, ‘Charities and risk management’.
The More Education Trustee Board meets quarterly; in the reporting period the Trustee Board met four times. Every meeting of the Trustee Board considers reports on the operation of More Education services and fundraising activities, management accounts, safeguarding, risks to ongoing service delivery, and specific items for decision. Between the quarterly meetings, the operational team and trustees met regularly.
Operational management, including the management of fundraising, employment and volunteers is Managed by Tori Rist, CEO. Trustees, at all times, retain oversight and make decisions affecting the delivery of the charity’s objectives.
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This year has seen the introduction of a Delegation of Authority framework and policy which has provided further clarity for operational staff and trustees alike.
Without the support of our operational volunteer team, we would not be able to continue our peer support work. Our dedicated and reliable team of 12 people (mostly neurodivergent themselves) continue to support our community work and among them we have teen volunteers. Volunteer hours has risen exponentially since the charity opened, from 336 hours in our first year of operations to nearly 2,000 hours during this period.
Safeguarding and Health and Safety continues to be a fundamental focus within the charity, even more so as we move towards the development of our first exclusive use community and education site.
Operatonal Overview
More Education now trades exclusively as Koala. Offering support for Community, Education and Outreach these provisions all sit within the Koala brand. This ensures that there is less confusion around the different elements of support that the charity offers.
Whilst the peer support groups continue to grow and develop, the demand for support remains high. More adults in crisis are accessing our services and we hope to expand on the recent mentorship project to provide more support groups and 1:1 opportunities for adults, in particular.
The demand for Koala’s community support continues to grow. This period saw 4,214 spaces offered to the community over the course of the year. These spaces saw a 55% uptake, compared to 43% in the previous period. The Koala community filled 2,331 peer support session spaces, an increase from last year which saw 3,284 spaces offered and 1,622 spaces filled; a take up of 49%.
A focus for the next financial period will be to move into 83 High Street and provide our community with the sustainable and safe space that they have always needed.
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The co-produced Self Advocacy project (in Partnership with the Hampshire and IOW NHS ICB) proved a great success, leading to Koala being awarded ‘Best Co-Production’ at the 2023 National Advocacy Awards in Birmingham. This led to the training being funded by the Hampshire and IOW ICB for a further year, leading to a further 20 adults receiving self-advocacy training.
It is hoped that funding for this training will continue, given that all attendees reported to finding the training a real support towards more independent living.
Koala’s education offer grew from strength to strength during this period. At the end of the previous period, our education provision was supporting 5 young people through a mixture of 1:1 tutoring and our distance learning programme. This year has seen unprecedented growth with us now supporting 23 young people and expanding into North Yorkshire and Surrey with the distance learning provision.
This financial period also saw the charity embark on a project to find our own exclusive site. Having moved twice since opening, and the uncertainty it causes the community, the trustees felt that it was a good time to move towards opening a designated Koala site.
With support from Test Valley Borough Council, Koala have successfully negotiated the 5 year lease of 83 High Street, Andover and hope to move into the space in the next financial year. The site will give Koala’s community the comfort of knowing that we will not need to move again for a considerable time and also allow the charity to expand it’s education offering to include in person group learning.
The focus remains to sustain community support, continue to develop Koala’s alternative education provision and work towards the opening of the full-time school.
Financial Review
This financial year has seen the growth of the staff team and the continued growth of the education provision. Whilst the education provision continues to be self-sustaining, accessing grants to sustain the community element of the charity has been extremely difficult. Many avenues of statutory grant funding have ceased this year giving real concern as to the sustainability of the community element of the charity.
Despite these difficulties, Children in Need confirmed 3 years of funding for half of our young person peer support groups, with the National Lottery supporting the additional young person groups for the coming year. Without this support, and the support of a private donor, we would not have been able to sustain the community element of the charity.
The staff team has grown from 3 full-time and 3 part-time to 4 full-time and 7 part-time staff. The staff members have been funded through grants, fees paid to the education project and the extremely generous donations of
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an anonymous donor. Without these supporters we could not have moved the charity to the next phase of development and the trustees are extremely grateful for their support.
Grants, Fundraising and Sustainability
The Trustees would like to thank Co-op Community Fund, Children in Need, National Lottery, Hampshire County Council, Hampshire and IOW NHS ICB, Lloyds Bank, Burdock Valley Players and our private donor for their support and funding during our third year of operations.
Whilst the project is ongoing, nearly all of the funding has now been raised to mobilise 83 High Street and this has only been achieved due to the support of Test Valley Borough Council, Stannah, Andover Town Council, CoOp Community Grants and County Councillor Phil North. Without the support of these organisations, we could not have raised the substantial amount needed to commence the fit out of the building.
This year also saw the charity embarking on our first ‘Walk the Testway’ 25 mile walk which also raised valuable funds for the fit-out of the new hub. This was a gruelling walk that both our Head of Education and Chair of Trustees completed.
Other fundraisers for this period included Julie Stratton, Charlie Thomas and Kate Underwood HR who all completed individual fundraising events to raise money for Koala – from boxing to marathons! The trustees are very grateful to all of those who have taken the time and effort to raise valuable funds for the charity.
Koala’s peer support groups are free to attend, yet donations are encouraged where possible. These donations are used to cover the core costs of running the groups – from room rent to resource costs. In this period, attendance donations were approximately £1267. This is a fall in donations from £1650 in the previous period and shows the difficulties that many charities are facing with regards to fundraising.
The Trustees aim is now to ensure that we have a robust strategy for continuing the support that Koala currently offers, as well as building the support that will be available through the charities Educational provision.
Reserves
The building of reserves, to cover 3 months’ operational costs, continues to be a core aim of the charity. Whilst it is extremely difficult to build reserves in the current charity landscape, this will continue to be a priority for the charity.
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Actvites, Achievements and Refectons
Koala’s community offer has continued to grow and the 1:1 support that we can now also offer to our adults has proven invaluable.
The Adult Mentorship Pilot, funded by Hampshire County Council, has now supported 30 adults with both practical and mental health areas of their lives. It is hoped that Koala can now build upon this project and offer even more support for the adults within our community.
Being awarded ‘Best Co-Production’ at the 2023 National Advocacy Awards in Birmingham has been a highlight of this year and illustrates how fundamental community involvement is when the charity creates new projects. The self-advocacy training now continues within the community with both on-line and in-person options being offered.
The exponential growth of the education sector of Koala has been a particular highlight of the year. Supporting such a large number of young people, with varying needs, has been an area that the charity has excelled. A culmination of strong operational management, via the Head of Education, and a dedicated and specialist team of teachers, the trustees hope that this provision will continue to grow into the next year.
Refectons
The work of the charity continues to evolve and grow, yet the breadth of support has now stablised. In the last financial report the Trustees and senior management team felt that it was important to focus on key areas of the charity’s provision and this has proven to be a successful and worthwhile strategy.
The Trustees continue to develop the strategy, alongside staff, to ensure that the core values of collaboration and relationships remain at the core of the charity and continue to guide the journey of the charity.
The school continues to be the driving focus for the senior management team and Trustees and it is hoped that progress will be made in this area over the next year.
Future Vision
As we move into our fourth year of operations, it is important that the charity continue to find ways to become financially sustainable.
Our focus will be to continue offering support through the hub’s peer support groups but to also continue to expand the education provision, all whilst ensuring that our staffing and financial structure ensures longevity and stability for both the charity and the community we serve.
Trustee:Amy Hyde
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30.06.2025
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MORE EDUCATION
for the year ended 31 August 2024
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 August 2024.
Responsibilites and Basis of report
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘’the Act’’).
I report in respect of my examination of the Charity’s Accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with Section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of
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accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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
Severn Accounting Shaw Mews 1 Shaw Street Worcester WR1 3QQ
Date: 30.06.2025
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STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) for the year ended 31 August 2024
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| Total Unrestricted Restricted Funds Note Funds Funds 2024 £ £ £ Income from: Donations and legacies 2 69,092 161,876 230,968 Charitable activities 2 188,450 - 188,450 Investment income 2 52 - 52 Other income 2 125 191 316 _ ____ Total income 257,719 162,067 419,786 ______ ____ Expenditure on: Charitable activities 3 204,536 42,070 246,606 Governance costs 3 46,591 37,874 84,465 ___ _ _ Total resources expended 251,127 79,944 331,071 _ ____ Net incoming resources 6,592 82,123 88,715 Before transfers ___ ____ Net incoming resources 6,592 82,123 88,715 |
Total Funds 2023 £ 147,582 7,651 54 23 _ 155,310 _ 115,960 49,350 ___ 165,309 |
|---|---|
| (9,999) ___ (9,999) |
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STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) for the year ended 31 August 2024
| _______ Reconciliation of funds 9 & 10 Total funds brought forward Funds introduced Movement in funds Total funds carried forward 10 |
________ (22,252) 31,902 9,650 _ _ ___ (15,660) 114,024 98,364 |
___ 19,649 ___ 9,650 |
|---|---|---|
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STATEMENT OF FINANCIAL POSITION As of 31 August 2024
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| Note Unrestricted Funds £ Fixed assets Tangible assets 6 12,947 Current Assets Debtors 7 12,055 Cash at bank and in hand 116,420 _ 128,475 Creditors Amounts falling due within one year 8 (43,058) _ Net current assets 85,417 Total Assets less 98,364 Current Liabilities __ Net Assets 98,364 ___ Funds Unrestricted funds Restricted funds Total Funds 10 |
Restricted Funds £ - - - _ - - _ - - _ - ___ |
2024 Total Funds £ 12,947 12,055 116,420 _ 128,475 (43,058) _ 85,417 98,364 _ 98,364 _ (15,660) 114,025 _ 98,364 |
2023 Total funds £ 1,294 86 10,428 _ 10,514 (2,158) ___ 8,356 _ 9,650 _ 9,650 _ (22,252) 31,902 ___ 9,650 |
|---|---|---|---|
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STATEMENT OF FINANCIAL POSITION As of 31 August 2024
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The company was entitled to exemption from audit under s477 of the companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Trustee: Amy Hyde
Date : 30.06.2025
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NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024
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1. PRINCIPAL ACCOUNTING POLICIES
GENERAL INFORMATION
MORE EDUCATION is a Charitable Incorporated Organisation (CIO) incorporated in England and is registered with The Charity Commission under the Charities Act 2011 and it constitutes a Public Benefit Entity as defined by FRS102. The address of the registered office is given in the reference and administrative details on page 2.
BASIS OF ACCOUNTING
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”, Accounting and Reporting by Charities” the statement of Recommended Practice (SORP) for charities applying FRS 102.
The financial statements are prepared in sterling.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
CHANGE OF ACCOUNTING POLICY
During the year, the Charity changes its Accounting Policy from Receipts and Payments basis to Accruals basis. The change is essential to reflect the increased activities of the Charity and to provide a more reliable and relevant information. The change did not however, have a material impact in the financial statements as disclosed in the reconciliation in Note 2.
GOING CONCERN
At the time of approving the accounts, the trustees have reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
INCOMING RESOURCES
All incoming resources are included in the Statement of Financial Activities when the CIO is legally entitled to the income and the amount can be quantified with reasonable accuracy.
RESOURCES EXPENDED
Expenditure is accounted for on an accrual 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.
TAXATION
The CIO is exempt from corporation tax on its charitable activities.
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
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ACCOUNTING POLICIES (continued)
TANGIBLE FIXED ASSETS AND DEPRECIATION
Depreciation of tangible fixed assets is provided at the following basis, commencing with the year of acquisition at rates estimated to write off their cost or valuation, less any residual value over the estimated useful lives which are as follows:
- Computer equipment Over 5 years - Office equipment Over 10 years - Fixtures and fittings Over 10 years - Plant and machinery Over 20 years
TAXATION
The Charity is exempt from 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 restricted purposes within the objects of the CIO. Restrictions arise when specified by the donor or when funds raised for restricted purposes.
GOVERNMENT GRANTS
Government grants received for capital items are recognised in income over the useful life of the assets (excluding land) under the accruals model. Grants relating to revenue are recognised in income and expenditure over the same period as the expenditure to which they relate once reasonable assurance has been gained that the CIO will comply with the conditions and that the funds will be received.
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
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DEBTORS AND CREDITORS RECEIVABLE/PAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of financial activities in other administrative expenses.
LEASES
Rentals payable and receivable under operating leases are charged to the statement of financial activities on a straight-line basis over the period of the lease.
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
| _____ 2. INCOME Donations and Legacies: 83 High Street R Hub Adults Mentorship R Hub Adults R Education Distance UR Hub Emergency Move R Hub General UR Hub Training UR Hub Young Adults R Hub Kids R Hub Teens R Hub Sensory R More Education R More Education UR Gift aid More Education UR Grants received 83 High Street R Hub Adults Mentorship R Hub Adults R Hub Emergency Move R Hub Family R Hub Gaming Group R Hub iWill R Hub Kids R Hub LGBTQ+ Teens R Hub Self Advocacy Training R Hub Sensory R Hub Teens R Hub Toddlers R Hub Young Adults R Hub YPNIS R More Education R Hub Kids R Hub Teens R Total Donation and Legacies Income |
___________ Unrestricted Funds Restricted Funds 2024 Total Funds 2023 Restated Total Funds £ £ £ £ - 10,000 10,000 - - - - 7,050 - 1,947 1,947 - - - - 21 - 563 563 - 16,646 - 16,646 12,619 - - - (17) - - - 300 - 2,035 2,035 - - 4,070 4,070 - - - - 2,200 - 2,496 2,496 13,534 37,150 - 37,150 32,908 _ _ _ _ 53,797 21,111 74,907 68,615 15,295.06 - 15,295.06 10,319.00 - 84,564 84,564 - - 14,945 14,945 14,946 - - - 7,791 - 750 750 - - 1,299 1,299 - - - - 889 - 250 250 9,752 - - - 10,516 - 1,299 1,299 1,524 - 4,676 4,676 8,040 - 2,404 2,404 1,000 - - - 10,516 - 5,282 5,282 - - - - 1,524 - 5,282 5,282 - - 996 996 2,150 - 9,509 9,509 - - 9,509 9,509 - 140,765 140,765 68,648 |
|---|---|
| 69,092 161,876 230,967 147,582 |
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
________________
| Unrestricted | Restricted |
Restricted |
2024 | 2023 | ||
|---|---|---|---|---|---|---|
| Charitable Activities | Funds | Funds |
Total | Restated | ||
| Funds | Total Funds |
|||||
| Fees | £ | £ | £ | £ | ||
| Education Distance UR | 152,845 | - | 152,845 | 5,756 | ||
| Education Tutoring UR | 29,105 | - | 29,105 | - | ||
| Consultancy | - | - | - | 1,895 | ||
| Unassigned | 6,500 | - | 6,500 | - | ||
| Total Charitable Income | 188,450 | - | 188,450 | 7,651 | ||
| Investment Income: | Unrestricted Funds |
Restricted Funds |
2024 Total Funds |
2023 Restated Total Funds |
||
| £ | £ | £ | £ | |||
| Interest Income – More | 52 | - | 52 | 54 | ||
| Education UR | ||||||
| Other Income | ||||||
| More Education UR | - | - | - | 23 | ||
| Hub Gaming Group R | - | 191 | 191 | - | ||
| Hub General UR | 125 | - | 125 | - | ||
| 125 | 191 | 316 | 23 | |||
| Total Income | 257,718 | 162,067 | 419,786 | 155,310 |
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
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2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE
Reconciliation of funds per Receipts and Payments basis to funds determined under Accrual Basis
| Start of Period | End of Period | |
|---|---|---|
| £ | £ | |
| Fund balances as previously stated | 10,428 | 116,420 |
| Adjustments: | ||
| Fixed Assets | 1,294 | 12,947 |
| Other Debtors | 86 | 12,055 |
| Creditors – amounts due within one year | (2,158) | (43,058) |
| Fund balance as restated | 9,650 | 98,364 |
Reconciliation of net income/(net expenditure) per Receipts and Payments basis to net income/(net expenditure) under Accrual basis:
| Start of Period | End of Period | |
|---|---|---|
| £ | £ | |
| Net income/(expenditure) as previously stated | (7,935) | 88,715 |
| Adjustments: | ||
| Depreciation | (323) | - |
| Accountancy Fees | (1,500) | - |
| Historical Adjustment | (241) | - |
| Previous Period net income/(net expenditure) | ||
| as restated | 9,650 | 88,715 |
3. EXPENDITURE
| Unrestricted | Restricted | 2024 | 2023 | |
|---|---|---|---|---|
| Funds | Funds | Total | Restated | |
| Funds | Total | |||
| Funds | ||||
| £ | £ | £ | £ | |
| Costs of generating charitable income | ||||
| Wages and Salaries | 162,176 | 40,308 | 202,484 | 62,204 |
| Direct Wages – Sub-Contractors | 383 | - | 383 | 47,691 |
| Direct Expenses | 2,188 | 127 | 2,315 | - |
| Direct Expenses Volunteer | 408 | 27 | 435 | 217 |
| Fundraising Costs | 60 | - | 60 | 805 |
| Lesson Consumables | 38,359 | - | 38,359 | 2,080 |
| Lesson Resources | 576 | - | 576 | 51 |
| Session Consumables | 199 | 41 | 240 | 1,029 |
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
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| Session Resources Session Visitors Total Expenditure of generating funds Administration Cost: Advertising and Marketing Bank Fees Charity therapy dog Cleaning DBS Check Depreciation Expense Entertainment - 0% Entertainment – 100% Business Furniture General Expense Health and Safety Insurance IT Consultancy and Support IT Support and Consumables Kitchen Equipment and Consumables Office Equipment (not capitalised ie <£200) Operating Lease Payment Postage, Freight and Courier Printing and Stationery Rent Repairs and Maintenance Sensory Equipment Staff Training Staff Wellbeing Subscriptions Sundry Expenses Volunteer Training Supervision Telephone & Internet Travel – National Uniform Total administration cost |
187 610 797 1,039 - 957 957 845 |
|---|---|
| 204,536 42,070 246,606 115,960 |
|
| Unrestricted Funds Restricted Funds 2024 Total Funds 2023 Restated Total Funds £ £ £ £ 1,332 150 1,482 1,245 60 - 60 60 94 - 94 2,077 90 - 90 - 196 - 196 404 - 1,348 1,348 323 305 - 305 - 310 51 361 577 84 578 662 - 8 11 19 - 201 - 201 161 3,370 - 3,370 3,421 1,210 - 1,210 1,650 7,805 105 7,910 3,585 - 273 273 - - 507 507 87 2,494 - 2,494 2,147 5,528 - 5,528 828 1,880 109 1,989 196 10,910 5,864 16,774 12,940 - 23,520 23,520 120 - 369 369 5,288 2,444 64 2,508 4,745 613 - 613 257 505 - 505 154 76 - 76 - - - - 82 565 - 565 70 2,303 304 2,607 1,755 88 95 183 120 275 - 275 647 |
|
| 42,746 33,348 76,094 42,939 |
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
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| Governance Audit and Accountancy Fees Professional Fees Statutory and Regulatory Payments Bookkeeping Total Expenditure |
Unrestricted Funds Restricted Funds 2024 Total Funds 2023 Restated Total Funds £ £ £ £ 2,991 - 2,991 3,983 619 4,526 5,145 1,590 235 - 235 - - - - 838 3,845 4,526 8,371 6,411 |
Unrestricted Funds Restricted Funds 2024 Total Funds 2023 Restated Total Funds £ £ £ £ 2,991 - 2,991 3,983 619 4,526 5,145 1,590 235 - 235 - - - - 838 3,845 4,526 8,371 6,411 |
|---|---|---|
| 3,845 4,526 8,371 6,411 |
||
| 251,127 79,944 331,071 165,309 |
4. STAFF COSTS
| Unrestricted | Restricted | 2024 | 2023 | |
|---|---|---|---|---|
| Funds | Funds | Total | Restated | |
| Funds | Total | |||
| Funds | ||||
| £ | £ | £ | £ | |
| Direct Wages | 150,545 | 38,426 | 188,971 | 31,587 |
| Direct Wages – Trustees | - | - | - | 30,000 |
| Direct Wages – Employer’s NI and Tax | 8,374 | 1,242 | 9,616 | - |
| Direct Wages – Employer’s Pension | 3,227 | 640 | 3,867 | 528 |
| Contributions | ||||
| Pension Costs | 30 | - | 30 | 89 |
| Total Expenditure of generating funds | 162,176 | 40,308 | 202,484 | 62,204 |
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NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2024 (continued)
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5. TANGIBLE FIXED ASSETS
| Cost 01/09/2023 Additions Disposals 31/08/2024 Depreciation 01/09/2023 Charge for the year Disposals 31/08/2024 Net Book Value 31/08/2024 31/08/2023 |
Freehold land & buildings Computer Equipment Plant, Machinery Fixtures, Fittings and equipment Total £ £ £ £ £ - - - 1,617.00 1,617.00 - 2,284.49 10,500.00 216.17 13,000.66 - - - - - |
|---|---|
| - 2,284.49 10,500.00 1,833.17 14,617.66 |
|
| - - - 323.00 323.00 - 457.00 525.00 366.00 1,348.00 - - - - - |
|
| - 457.00 525.00 689.00 1,671.00 |
|
| - 1,827.49 9,975.00 1,144.17 12,946.66 |
|
| - - - 1,294.00 1,294.00 |
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NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 August 2024 (continued)
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| 6. DEBTORS Prepayments and accrued income Trade Debtors Other Debtors 7. CREDITORS: Amounts falling due within one year Trade Creditors Accruals Social security and other taxes 8. MOVEMENTS IN FUNDS 01-Sep-23 Income £ £ Unrestricted funds (22,252) 257,718 Restricted funds 31,092 162,067 -------------- ------------ Total Funds 9,650 419,786 |
2024 £ (698) 12,753 - _ 12,055 ___ 2024 £ (38,081) (1,950) (3,027) _ (43,058) ___ Expenditure £ (251,127) (79,944) -------------- (331,071) |
2023 £ - - 86 _ 86 ___ 2023 £ (209) (1500) (449) _ (2,158) ___ 31-Aug-24 £ (15,660) 114,025 ---------------- 98,364 |
|---|---|---|
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MORE EDUCATION
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 August 2024 (continued)
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9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Restricted | 2024 | 2023 | |
|---|---|---|---|---|
| Funds | Funds | Total | Total | |
| £ | £ | £ | £ | |
| Tangible fixed assets | 12,947 | - | 12,947 | - |
| Cash | 116,420 | - | 116,420 | - |
| Other current assets/(liabilities) | (31,003) | - | (31,003) | - |
| ___ | ___ | ___ | __ | |
| 98,364 | - | 98,364 | - |
10. RELATED PARTY TRANSACTIONS
During the year, no trustees were remunerated. (2023: £36,000).
All the trustees give freely their time without any form of remuneration or other benefit in cash or kind.
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