2023-08-31-accounts - School Partnerships Alliance

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			Page
Charity Reference and	Administrative	Details
Trustees' Annual Report			2-4
Independent Examiner's Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial	Statements		8 —13

Month		Key milestones
	~	Appointment of Researcher-in-Residence
September	~ ~	Engagement of Impact Adviser from Wellington College on The Partnership Initiative engaged to support the production		secondrnent ofthe School
		Partnership Impact Guide
	~	Work with S.P.A. Associates on impact evaluation (Impact		Adviser) and
October		partnership health check (Researcher-in-Residence)
	~	S.P.A. CEO presentation at Partnership Briefing Symposium
November	~	S,P.A. presentation at Eton/Holyport Centre for Innovation Learning Evidence Informed Forum		and Research	in
December	~	Draft School Partnership Impact Guide produced and reviewed
	~	S.P A. presentation at Girls' Day School Trust hub day
	~	S.P.A. School Partnerships for Impact Guide launched	at I-louse of Lords		event
January		and shared widely
	~	S.P.A. article published in TES online
February	~	Sue Riley CEO replaced by lan Davenport as Interim Lead
	~	Draft toolkit for partnership produced with The Partnership		Initiative
March	~	Website reviewed
April	~	S.P.A. represented at ImpactEd assessment roundtable
	~	S.P,A. presentation to Alleyn's partnerships meeting
May	~	S.P.A. presentation to Skinners' Company
	~	Updated website launched
	~	S.P.A. researcher article published in Eton/Holyport GIRL Journal
June	~	S,P.A. webinar series launched
	~	First S.P.A. meet-up at Harris Westminster Sixth Form
	~	S.P A. hosted Partnership Briefing
	~	S.P.A. represented at Education Policy Institute cross-sector partnerships
July		assessment roundtable
	~	6 Additional Champion Schools join the S.P.A
August	~	s.P A. science Paiiinerships for Impact publication

		2023	2022
		6	6
income and endowments	from:
Donations and legacies			975
Charitable activities		142,571	155,293
Total income and endowments		142,571	156,268
Expenditure on:
Charitable activities		(181,205)	73,239
Total expenditure		(181,205)	73,239
Net income/(expenditure)		(38,634)	83,029
Transfers between funds
Net movement in funds		(38,634)	83,029
Reconciliation offunds:
Total funds brought forward		83,029
Totaf funds carried forward		44,395	63,029

		School Partnerships Alliance	School Partnerships Alliance
		Balance Sheet
		as at31stAugust 2023
			Note	2023 0	2022f
Fixed assets
Tangible assets				1,643	2,259
Current assets
Debtors —accounts	receivable			5,310
Cash at bank and in	hand			51,003	85,771
Creditors: amounts	falling due within	one year	10	(13,561)	(5,001)
Net current assets				42,752	80,770
Total assets less current liabilities				44,395	83,029
ltet assets				44,395	83,029
Charity funds
Unrestricted funds				44,395	83,029
Total charity funds				44,395	83,029

Income fro	m donations and legacies
			2023	2022
			E	E
Gifts				975
Chaditable	activities
			2023	2022
			E	E
Champions	Programme		135,135
Membership			7,316
Other			120
Net transfer	in offunds invoiced to schools prior to charitable	registration		155,293
			142,571	155,293

Analysis ofexpenditure	Analysis ofexpenditure	on charitable	on charitable
Partnership	promotion	and development:
				2023	2022
				8	8
Dll'ec't costs:
Wages	and salaries			60,846	19,154
Consultancy and professional			fees	94,975	30,648
Other direct costs				3,768
Support costs (see note		5)		21,616	23,437
				181,205	73,239
Support costs
				2023f	2022 6
Admin support				6,994
Governance	(see note 6)			1,380	13,277
Book-keeping fees				3,315	1,142
Insurance				975	948
ITsoftware	and consumables			5,770	1,533
Depreciation				616	205
Travel and entertaining				1,425	452
Staff training					400
Recruitment	fees				4,469
Other				1,141	1,011
				21,616	23,437
Governance	costs
				2023	2022
				6
Trustee expenses					120
Independent	examiner's	remuneration		1,380	1,320
Legal fees					11,837
				1,380	13,277

		2023	2023	2022	2022
		Number	FTE	Number	FTE
Charitable activities			1	1
The total staff costs	and employee	benefits were as follows
				2023	2022
Wages and saiades				53,830	18,252
Social secudty				5,564
Defined contribution	pension costs			1,452	902
				60,846	19,154

Tangible fixed asset	s
		Computer
		equipment	Tots I
			8
Cost orvaluation
At 1st September 2022 and 31st August 2023		2,464	2,464
Depreciation
At 1st September 2022		205	205
Charge for the year		616	616
At 31stAugust 2023		821	821
Net book value
At 31stAugust 2022		2,259	2,259
At 31stAugust 2023		1,643	1,643
Creditors: amounts	falling due within one year
		2023	2022
			8
Trade creditors		4,219	970
Other tax and social security		1,046	997
Accruals and deferred	income	8,296	3,034
		13,561	5,001

Fund reconc	Fund reconc	iliation
Unrestricted		funds
			Balance at			Balance at
			01.09.22 f	Income f	Expenditure	31,8,2023
Unrestricted		general funds	83,029	142,571	(181,205)	44,395
						Balance at
				income	Expenditure f	31.8.2022 f
Unrestricted		general funds		156,268	(73,239)	83,029
Analysis	of	net assets between funds
					Unrestricted	Total
2023					fundsf	fundsf
Fixed assets					1,643	1,643
Cash at	bank				51,003	5'I,003
Other current		assets/liabilities			(8,251)	(8,251)
Total					44,395	44,395
					Unrestricted	Total
2022					fundsf	funds
Fixed assets					2,259	2,259
Cash at	bank				85,771	85,771
Other current		assets/liabilities			(5,0D1)	(5,001)
Total					83,D29	83,029