2024-07-31-accounts

l LIILLJ k•VI¥II Rii¥ I IYui¥iLJLII. REGISTERED CHARITY NUMBER: 1201980 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JULY2024 FOR CRAFTWORKS COMMUNITY LIMITED McGabe Ford Williams Slalulory Audilors and Chartered Accountants Building 1063 Cornforth Drive Kenl Science Park Sillingbourne Kent ME9 8PX

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JULY 2024 Page Rèferencè and Admlnlstratlve Dètalls Rèport of the Trustees 2 10 14 Rèport of the Independent Audltors 15 10 18 ststement of Financial Activitiès 19 Balance Sheet 20 Cash Flow Statement 21 Notes to the Cash Flow Statèmenl 22 Notes to the Financial Statements 23 to 34 Detailed Statement of Financial Activitiès 35 to 36

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 29 JULY 2024 TRUSTEES S Bounds J Lewis L McLeod J Davis-marks REGISTERED OFFICE 45 Sl. Lukes Road Maidslone Kent ME14 SAS PRINCIPAL ADDRESS Willowway, Culnells Falm School Lane Iwade Siltingboulne Kent ME9 8QJ REGISTERED COMPANY NUMBER 13181228 IEng18nd and Wales) REGISTERED CHARITY NUMBER 1201980 INDEPENDENT AUDITORS Mccabe Ford Williams Stalulory Auditors and Chartered Accountants Building 1063 Cornforth Drive Kenl SrAence Park Sillingbouine Kent ME9 8PX SOLICITORS Girlings Slourside Place Station Road Ashford Kenl TN23 1PP BANKERS Nalwesl Bank Weslem Avenuè Waterside Chalham Maritime Kent ME4 4RT Page1

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 The Iruslees who are also directors of the charity for the purposes of the Companies Act 2006, present Iheir report ￿￿th the financial slalemenls of the charity for the year ended 29 July 2024. The Iruslees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. The accounting reference dale is 29 July 2024, however, as is permilled the accounts have been made up for the period 1 August 2023 10 31 July 2024. OBJECTIVES AND ACTIVITIES Oblecllves and activllles The aim of the Craftworks College is lo create a safe space for young people and adults to be and feel valued where they can make positive social connections and thrive., The college provides education and training lo young people aged 16 10 25 with special educational needs and disabilities ISENDI, including mental health needs. The objective is for learners aged 16-2410 go onlo a study programme studying vocational qualifications from Entry Level lo Level 2. Learners study a range ol subjects, including Practical Horticulture, Creative Craft, Food and Cookery and Fami Animal Care. All students have Enolish and Maths lessons, Personal Development Sessions, and inlervenlions lo support (heir access lo leaming, all students are given the opportunity lo access Enrichment activities and Work Experience. The charitable companls governing document records ils objects as follows.. 'For Ihe public benefit lo advance the education of people under the age of 25 years in kent, in particular bul not exclusively, for those with disabilities or disadvantages, in such ways as the charity Iruslees think fil, including by; 1. Providing their education including Practical Horticulture, Practical Farm Animal Care, Creative Crafts, Environment & Conservation, Functional Skills, Hospitality & Catering. 2. Providing support, in furtherance of that education, for entry into any occupation, tradè or profession on leaving an educational eslablishmenl or to enier further educalion. Page 2

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 OBJECTIVES AND ACTIVITIES Significant activitlos The Issues The ¢ollege promdes education and training to young people aged 16 10 25 with speual educational needs and disabilities ISENDI, induding mental health needs. Al present 31'k of the young people wo are working with have emotional health and wellbeing needs. Every student enrolled in Craftworks College is in receipt of hlgh-needs funding and 93% of the students have an Education and Health Care Plan IEHCPI. 87 students are funded by Kent local authority, 5 students are funded through Medway local authority, and1 through Lewisham. All students are in receipt of funding from the ESFA. We recognised that many sludenls who join the college have experienced a difficult lime in education, this could be due lo a disability, educationally or olheNlse, a childhood trauma, pwr mental health or a variety ol other reasons. As a result of this many of our leamers have been NEET Inol in education, employment or Irainingl. Craftworks College understands thal our students frequenuy have a negative attitude towards education. The changes the charity looks to make CraftW0￿S College Charity vocational courses are Implemented Ihr(xJgh comprehensive projecl-based work Ihat irnmersively embeds English, IT, Malh8malics, EHCp outcome5, and Personal Developmenl (including lrfe skills) into everyday activities. Working In a projecl-ba$ed way gives a real world application lo learning. Students are exposed lo the sequencing of key skills within their core subject so that students can see links between different areas of kno￿edge and skills and recognise that some knowledge and skills are Iranslerable. E8ch project lakes into account the building of skills, embedding, and hard-wiring the knowledge through sequencing, repelilion, praelical application, and assessment. Thls prolecl-based approach lo learning SUC￿$sfUllY builds confidence lor young people, practically applying their skills, and working as part of a team, and makes learning fun. This builds a sense of belonging and pride in what they achieve, connecting the learning from education lo the skills needed for Ihe world of work and independent living. Students of all 8bililies can find a part lo play and gain skills and knowledge that lead lo qualifications. The impact this has is Ihal these skills seamlessly translate to support them across many ol the experiences that await each young person after college. They have repeatedly used the skills in a variety of projects lo demonslrale applicats'on in various guises. This sequenced and regularfy assessed approach means sludenls have had the necessary guidance, support, and enrA>uragemenl, allowing them lo plan a ftjlure where they can feel safe, make social connections, learn, and thrive,. entering into lor Instan￿ employment, further education, supported aPpren￿'ceShips, volunteering, making friends, living independently wlh the confidence lo try new things. How achievement of alms ald's the charity's future purpose Craf￿rkS College Charity looks lo work vilh our students lo provide students vilh qualifications lo enable them lo 8ccess the world of work. To provide life skills to ensure they are able lo be as independent as possible and lo make wsilive social connections enabling them lo lake part in society. By supporting students to achieve these aims we as a Gharily meet our future aims of supporting those with disabilities lo have good access lo opportunities reducing the gap beiwe8n those who are mainstream and those who have additional needs. Strategles for achieving aims The college has 6 siles, 3 in Ashford comprising ol Food with Friends cafè which is silualed insid8 a govornmenl Gateway Plus building in central Ashford, Slourside Farm, which is loealed on the Wyvem School sile for SEND, and Muddy Wellies community farm which is in Smeelh. Two siles are in Faversham, Brogdale Farrn, the original sile located within the home ol the National Fruit Collection, and a Georgian and Victorian Walled Garden in Faversham. Th6 main office and other sile is Culnells Farm in Iwade. Many of the siles are rural lo support the provision of local services lo young people who live in those communities. There is a clear admissions process where parents, schools, colleges, and the local authority can ask Craf￿￿[$ College lo consider the sludenl as suitable and offer them a place. Polenlial students and parentslcarers are sent Information about tha college, offered a sile visit, taster day, phased indu¢tion if required, and can look al the website lo gain further knowledge. Information is sent in Cornmunicale and Print accessible form81 if required and videos can be sent home for those who may require additional visual aid support for access or mental health needs. Page 3

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 OBJECTIVES AND ACTIVITIES Each sludenl is baselined taking Into consideration their p￿or knowledge needs, their PLR (Prior Learning Record) and preferences then placed on a pathway that works with the Waves Model ol Inlervenlion, which supports personal development and well-being as they move through Ihelr pathway on Iheirjoumey with us (Universal Pathway, Targeted Pathway, Specialist Palhwayl. This ènables the sludenl lo have the right level ol support in all curriwlum areas Vocational, Maths, English, Work Experience, and Wellbelng. Our values and ethos underpin a118spects of college life. The college is slruclured to allow students lo have small classes with local work experience opportuniti8s lo support Ihern in participating in community life. We have 6 siles across the Swale and Ashford dlslricts lo help redu￿ travel limes ft)r leamers and build social connections in their local communities. We look lo understand and wort( with each individual, viewing them as a whole person ialher than Iheir diagnosis and empowering them lo make their own choices. We focus on the positive and create a C￿lture of social inclusion, choice, and shared respect whilst promoting responsibility. We support young people in selling goals for themselves and encourage larnilies lo be partners in this process. We are conscious that professionals should b6 '0n tap, and nol'on lop,, there lo signpost support and opportunities lo encourage self-learning. The aim of the behaviour and alliludes strategy is lo support learners Ill recognising, understanding, and communicating their emotions, behaviours, and alliludes so that they can process how they are feeling, develop effeclive coping mechanisms, and leam lo regulate these giving them life slraleoies that enable Ihern lo access education, employment, and community. As a part of the behavlour and alliludes strategy, we will promote a calm environment where all feel safe, respecléd, and valued. We will sel a strong focus on high allendance and punclualily encouraging students lo adopt the expeGtalions Ihal wll be requiréd for the world of work and lo aceess education lo the full. Our behaviour and attitude strategy ouuines a process that can infomi and create a wsibve culture that aligns with tha Craftworks ethos. A culture of building positive relationships, accepting and celebrating differences, and taking responsibilily for our thoughts, behaviours, and actions, so that we and others can experience PDsilive well-being and How we measure progress We measure progress lor each sludenl based on their progress from their starting points. Each sludenl is baselined on starting in their english, maths, vocational subject and against their Education and Health Care plan targets. They are sel long lemi largels and lemily short largels. We record their achievements each lem, tracking their progress towards academic achievetllents and personal goals. As a post 16 specialist provider college we are also regulated by Ofsled inspections, these provide a measure for our progress against national standards. Craftworks College Charity is ralod overall as a Good provider with Oulslanding provision in our Personal Developrnenl. Public benefit The funding that we have received from the ESFA, KCC and other local authorities is £1,585,730 as per note 4. This has ènabled us to provide the education for the students in this academic year. Students have leamed skills in maths, english, their chosen vocatsonal subje¢l, life skills and considered the wider needs of how they fit into society. Through due rigour al board meetings, through observations, supeNisory meetings, regularty seeing accounts questioning the finance manager, the Chan12ble Company's trustees have complied wtth their duty lo have due regard lo the guidance on public benefit published by the Charity Commission. Page 4

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 STRATEGIC REPORT Achlèvemenl and performance Charltable a¢livilies A Summary ol the main achievements In the year with referenc8 to the oharills objects '. Impact.. Destinations of Leavers who left college in July 2024 progressed as follows.. 40'k 17 leavers into mainstream & specialist Further Edu&qlion 2.5%1 leaver into apprenticeship 15,/0 5 leavers into paid ernployment - 27.5% 11 leavers remain NEET 7.5010 3 leavers into independent living skills environments v￿th qualilicalions 7.5Yo 3 leavers have no outcome yel from KCC, our SENCO Is chasing Success rates of accredited learning for Vocational Programmes of Study12023-241 Support Pathway Outcome Partial Qualification Achievedl# of Learners on this palhwayl 11.10 ooh 5.5511, 0% Full Qualiflcatlon Achlèvèdl# of Leamers on this palhwayl 74. 89.28Vo 88.88, 250 Vocatlonal Programme of Study Horticullure Creative Crafts Farm Animal Care Focd and Cookery Additional Infomiation 25% Merits VOCATIONAL OUTCOMES. SUMMARY DATA: Since the Ofsted inspection, which judged Ihe college as overall Good we have pul in place an intensive programme to raise the standards of English and Maths luilion and increase the achievement rale of students. This has shown some positive first results.. Engllsh and Mathèmatlcs: Full Quallficatlon achievement In Functlonal Skllls Programmes of Study 54.70A146184 large18d cornponenl achievement & 33,10 9127 predicted full claims await 4 SLC oulcomesl 25Y. English Maths Our increased assessmenl windows have 8nablod students to lake assessments earty and assisl&d in bltilding students confidence and resilience around assttssmenl. Partial Qualification achièvemenl, IQAI 2019120 English.. Speaklng, Llstenlng and Communlcation English: Wrlting English: Reading 2020121 2021122 2022123 2023124 66.660A116124 Predicledl 33.330A191271 63.63Y.121rJ3) 0.00% 20.00% 10.OOYo 31.25010 40.00% 56.25'A 14.290/0 18.750A 26.92% 670 29°/0 43% Page 5

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 Success Rates EHCP Outcomes Outcome fully achièved {'h) Further Educats'on Employment and Training (Cognilional and Learning) Participating in Society ICommLSnicalion and Inleraclionl 38.71Y. Being as Healthy as Possible in Adult Life (Social Emotional and Mental Health) Independent Llving (Sensory and Physicall 2019120 2020121 2021122 2022123 2023124 34.29% 51.610 75.000 52¥. 490 40.00% 62.50% 401. 600 44.44% 47.06% 34.091. 44% 46Y. 46.15Yo 22% 59'k Attèndance Data Within the academic year 2023124 we focused our allendance data lo give an oveNew in sperific areas so Ihal we could adapt our programme and support allendance issues more creatively throughout the year. This process allowed us lo develop our allendan¢e and re-engagemenl policy which has allowed us lo support student retention rates. 2023124 Programmè of Study IO/ol Animal Care Creative Craft Horticultur6 Focmj and Cookery Temi 1 73'A 8fQh 69.1Y. 100Yo Term 3 79.21. 86. 74.70/. 100% Term 6 73.80A 76.6% 71.30A 100'A At CrafbNorks College we have developed our °Re-engagemenl Programme" aimed al increasing college attainment and supporting young people with complex special educational or mental health needs in 'keeping in touch" with education. This successful programme 811ows students who would have become NEET'nol in education, employment or training, lo gain self-belief, aspiralion, and re.enler their education or be supported through a pathway lo progress lo support their ambition. Year {# of students enrolled each year} 201211551 Enrolment in the Re-engagemenl program 21122166) 221231811 23124191,1 21.82W, 40.91, 46.911. 43.82. Page 6

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 The above table highlights how many students we have enrolled in college each year and how many of those students were on Ihe re-engagemenl program. 11 highlights that since its inception the need lo support students with complex needs has grown by 220A 121122 - 221231. In September of 23124 28.57'10 of the cohort were enrolled Sn the Re.engagement Programme at thè point of admission, highlighting the growing need of a programme of this kind as a significant portion of our cohort are coming lo us needing a Spe￿alist approach to start college. Between Term 1 and Temi 4 we have increased the number of students enrolled on the Reéngagemenl Programme by 15.32%, meaning the percentage of sludellls that have been enrolled within the Re-engagemenl Programme 23124 was 43.82% of the cohL)rt. Retention data Al Craf￿0th$ college we pride ourselves on wod(ing with complex learners and supporting positive relenlion. The majority of our students complete the academic year with us and either progress into the next level of qualification or progress wlh positive outcomes. Monlloring retention allowed us lo reflect and adapt our allendancè policy and our re4ngagement progr8mme so that we have positive oulcornes for our students that withdrew earfy in the aeademic year. Year{# of sludenls) Student Retention Withdrew wllhln Term l {42-¢ut offj Wlthdrow in-year {Oct. July) 2021122{651 86.15'1. 6.15% 7.69% 2022123179) 87.340 6.33% 6.33% 2023124{911 8901. 4% 7% Since 2021 we have had steady improvement in student retention over the past three academic years. In 2021122, the retention rale was 86.15'k, which increased to 87.340h In 2Q22123 and further rose to 89'k in 2023124, reflecting positive progress in keeping students engaged. Withdrawal rates wilhin Tenn I (before the cut.off datel have slightly decreased over lime, from 6.15% in 202112210 40 in 2023124, suggesting th31 fewer students are leaving early. However, wilhdrawals Ihioughoul the academic year Ioctober lo July) have remained relatively stable, with a slight dip from 7.69Yo in 2021122 to 6.33010 in 2022123, but an increase lo 7% in 2023124. Destination Data 5-yèar trend In July 2024, 40 Slud8nls left the college, 5 01 whom are in paid employment, 5 progressed to full lime mainslieam further education, 12 into full lime speoialisl further education, 3 are in independent skills environments, only 11 remain NEET, 9 of which were hard lo reach students on the re engagernenl programme or prolific safeguarding cases. 13 sludonls are still awaiting outcomes from Kcc-all are due lo allend FE sellingsl. Not in Educallon Employment or Trainiiig 71.44% 25.000 15.38% 8.33° 27.5% Further Education Social Provision 14.280 Apprenticeship Employment 2019120 (71 o.oooA 0.00% 2020121141 25.00'10 o.ooY. 20211221151 15.380 3.85% 46.15'h 2022123125,1 45.840 0.00% 20.83% 20231241401 40% 2.50 15tsA Y.5'/0 are awaiting outcom• infomiation from local authority 19.230/0 25Yo 7.5% Page 7

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 From 2019-2023 we had 8 26% increase in leavars who are accessing fijrther education establishments, both mainstream and specialist. In four years our NEET percentage has dropped by 630A in spite of our leaver rale Increasing by17 students, this is 8 leslamenl to the Progression lead and wellbeing work. This year our NEET slalislic has increased lo 27.50/0 Il is important lo recognise that the majority {81.8 101 ol these students within this slalislic were referred to us due lo our funded pilot, the re-engagemenl programme, which is speafically designed lo support young people who have been disengaged from education. While many of these students did not progress lo employment, education, or Irainlng within the year, we provided them with invaluable opportunities for personal growth, skill development, and emotional support that others may not have received. These young people have the chance lo build resilience, gain confidence, and develop essential life skills, setting a foundation for future success, even if they are not immediately ready lo transition into the next phase of Iheirjoumey. Financlal rèvièw Financial position During the period ended 3181 July 2024, total expenditure was £1,514,34412023', £1,215,609). Al the 31 sl July 2024, the nel ￿0k value of fixed assets was £ 40,910 (2023.. £38,844) and movements in tangible fixed assets are shown in note 12 to the finanaal slalemenls. The assets were used exclusively for the providing of education and the assodaled support services lo pupils of the oharily. The Charity held fund balances al 31 July 2024 of £331,16112023.' £185,6Q81 These funds comprised of £283,389 of restricted income funds {2023'. £151,8C6), £43,789 01 restricted Buildings and Asset allocation {2023: £33,002), £33101 free school meals funding12023'.Nil l and £3,652 of general funds 12023.. £8011. Reseryes pollcy The Iruslees regularly remew the reserve levels of the Academy Trust. Reviews encompass the nature of the income and expenditure streams. the need lo match ineome with comrnilmenls and the nature of reseNes. The Trustees have determined that the appropriate level of reserves should be approximately £300,000 whereas the actual element funding reseNe was £283,720. The charity will be looking to increase these over the coming couple of years. The reason for holding reserves is to provide sufficient working capitsl lo cover delays between spending and receipt of grants and lo provide a cushion lo deal with unexpected emergencies. Al 31st July 2024 the total funds comprised of: Restricted Reserves Element Funding Buildings & Assets Allocation Free school meals Unreslricled funds Total £283,720 £43,789 £331 £3,652 £331,492 Golng concern After making the appropiiate 6nquiries, the board of trustees has 8 reasonable expectation that the Charity has adequate resources lo continue in operational existence for the foresaeable lulure. For this reason, il continues lo adopt the going concern basis in preparing the financial slalemenls. Further details regarding the adoption of the going concem basis be found in the Slalemenl of Accounling Policies. Page 8

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 STRATEGIC REPORT Principal risks and uncertainties The Iruslees have assessed the major risks to uthich the Charity is exposed, in particular, those related lo leaching, facililies and other operational areas of the Charity and ils finances. They have ensured that robust systems, including operational procedures le.g. velling ol new staff and visitors, supervision ol college grounds) and intemal finanaal controls are in place in order to minimise risk. Adequat8 ￿nsUran￿ cover has been pul into place. The charity reviews all systems and procedures, particularfy the intemal financial controls, on an ongoing basis. Future plans The charity aims lo have a similar offer of vocational sublècls lo our students in the Swale and Ashford area. This would mean that we would look lo lind 8 premises lo offer a Food and Cookery course in the Swale are. We are seeking lo have this offer lo enable sludenls in both areas lo be able to access opportunities where there is a good possibilily ol gaining qualificab'ons Ihal enable them lo go into jobs in the local economy. By providing these courses in Swale and Ashford we are providing lo 2 key ar8as in Kent that have the highest number of disabled young people and in rural wmmunilies Ihal are often challenging to provide for this disadvantaged group. We know frorll previous experien¢e that our cohort of students are able lo aC￿$S and achieve qualiflcations in these subject areas, that from our excellent progression results we have been able lo Support students into work related areas and or otrer further education courses. We thus wsh lo bL¢ild on Ihe success of our current work. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charily is controlled by Ils govemlng documenl,Ihe artides of associalion,and constilules a company, limited by guarantee, as defined by the companies Act 2006. Charity constltulion The Charity Is 8 company limited by gu8r8nlee and a registered charity. The charitable company's memorandum and articles of association are the primary goveming documènts of the Chairty. The Iruslees of Craknrks Community college are also the directors of the charitable company for the purroses of company law, The Charitable company operates as Crafiworks Community College. The college is goverll8d by a board of 4 Iwstees and 1 director, the Principal of the college. The Iwslees are from a diverse range of backgrounds.. The Chair comes from an allernalive provision and amiy background, also sits on the main CIC board, and is the current CEO of Lead Sheet College. One Iruslee is deputy CEO ol the Easl Kent College Group One Iruslee is a SEND lulor al Sl Nicholas school and was the SEND specialist for KCC SPIS One Iruslee is a retired small business owner. The main CIC Board is overseen by Lady Ann Marie Nelson CBE who is an experienced board member of many years in financial inslilulions and education sellings. There is a prolessional finance officer who supports the board of Iruslees wilh reports and adminislralive support. Llablllty of mèmbers The liability of the members is limi18d lo a sum not exceeding £10, being the amount Ihot each member undertakes lo conlribu181o the assets of the charity in the event of ils being wound LJP while he, she or il is a membor or within one year after he, she or il ceases lo be a tllember, for.. 1. Payment of the charily's debts and liabilities incurred before he, she or il ceases lo be a rnembeT'. 2. Payment ol the costs, charges and 8xpeNses of winding up,. and 3. Adjuslmenl of Ihe rights of the conlributories arnong themselves. Pagè 9

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointmènt of new trustees Craftworks College Charity advertises for new Iruslees through social media, the website, through association vAth current twslees and college staff and through the college network of education associates. When recruiting a trustee they will be asked to complete an application form which is then scrulinised by the current Iruslees for suilabilily. Those appropriate are selected for interview by the chair and aiiolher Iruslee and Principle ol the college. They are then subject to questions that ensure they have the appropriate skills, knowledge and experien￿ to support the aims of the charity. If Ih6y fulfil this, they are then appointed and wrillen lo by the chair of the Iruslees lo forfflally offer them the post. They are then sublecl lo references, DBS check and check al companies house to ensure they are suitable to b& a Iruslee. Organlsallonal structure The Senior Leadership Team ISLTI, comprises a Principal, Deputy Head of Quality of EduGg1ion, Deputy Head of Emotional Health and Wellbeing. and Senior Lead for Personal Development. SLT is supported by two consullanls who were both previously Ofsled inspectors, Andy Fitt lex. HMII who was the trainer for Ofsted inspectors in the South East of England, and Helen Bramley lex. 011 who is a SEND specialist Consullanl ￿th significant experien￿ leading speci81isl colleges. There is a co.ordinators team that Ix)rnprises'. Coordinator of Horticulture Coordinator of Creative Crafts and Coordinator for Trainlng and Development Coordinator of Farm Anlmal Care and Coordinator for Internal Quality Assurance Coordinator of Maths and Food and Cookery Coordinator of English Each coordinator has a slaff16am of tulors and lead)ing assistants. We employ 14 tutors and 2 HLTAS who provide cover luloring when required. In addition to our leaching staff, we work with 14 Teaching Assistants and 2 SEMH Teaching Assistants who, with the SENCO, form the wellbeing team that is supported by the DHT ol EHWB. There are 2 part-lime progressions officers who, together with the Lead for Personal Developrnenl, form the progressions team that will support employability, sludenl voice and enrichment, alld internal and exlemal work experience. Our adrnin team consists 011 lerm-lime Human Resources person and 1 part-lime Admissions, an Administration support person. and a safeguarding adminislralion lead. Declslon making Day lo day decisions are made by the senior leadership team. This includes such things arè wruilmenl of staff, number of students, subject areas lo be delivered. Decisions that 8re strategic such as whether lo sel up a new site or lo enter into a partnership wlh another college woukl be taken in conjunction wlh the board of Iruslees. Induction and tralnlng of new trustees All new Irus18es are asked lo spend a day shadowing the Principle and visiting the college siles lo meet the staff and students. They are asked lo read the key policies and procedures pertinent lo their role, this will include Health and Safely, GDPR, Safeguarding, Acceptable use ol IT, Outline of the responsibilily of a Iruslee and lo underiake the training lo be a charitable Iruslee. Key management remuneration AJI pay scales have been sel having résearched the market valu8 of e8ch job role in thè Kent area. Once the research has been conducted the Principle meets with the thair of board lo review pay scales, outline remuneration for speafic roles and ensure Ihal this is lair and appropriate. Page 10

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29JULY 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Related paities CrafbNorks College, part of the Brogdale CIC group, is an independent specialist college ￿1¢h is based in Kenl.11 wag initially called Brogdale Community Interest Company however became a separate charity operating with the Brogdale CIC group in January 2021. Brogdale GIC divided into 3 separate companies, Brogdale CIC which is a social enterprise that works with disabled adults lo provide work experience and opportunities. As such they are commissioned lo work alongside Craftworks College to provide the 'inlernal worf( experien¢e' opportunities. There is an internal contract between Bcic and Craftworks outlining the role that Bcic staff will do lo provide specific work experience opportunities on set siles, with spe￿fiC students. The funding for this is provided by Kent County Council as part of their element 3 high needs funding. Vibe community is a limited company that prowdes fun leisure adiwlies lor young people aged 8 25 in the Swale and Ashford area of Kent. Craflworks College Charity signposts students lo the opportunities for1eisure activities with them during the term breaks. All three companies work off the same siles, share the buildings and some resources. Staff are specifically employed in each company and have their own contracts and job desoTiplions. Page11

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk and control framework The Charily's system ol internal financial control Is based on a framework of regular management information and adminislralive prO￿d￿reS induding the segregation of duties and a syslern of delegation and accountability. In particular, il includes. Comprehensive budgeting and monitoring systems v￿th an annual budget and pertodic financial reports which are r6view8d and agreed by the board. Regular rewews by the board ol the financial perfomiance ag8insl Ihe budgets. -selling largels lo measure linanaal and other perfomance. 4elegalion of authority and segregation of duties. idenlificalion and management of rtsks Principle Risk Control Measureslslrategies To Reduce Risk Look al a wide range of awarding organisalions ￿th a¢credilalion that Is ESFA funded. OFE have now published more funded qualifications and we have cheoked against these lo futltre proof our qualifications being funded. The CEO Withdrawal of funding for course is also part of 8 KCC group working lo look al below Levol 2 qualifications for subjects SEND young people and lo lobby DFE for fair access lo qualifications. Have small amount of out of county students, only agreed with contract, payments quarterly so if not paid can refuse education lo sludenl. KCC have specific guidelines within their Elernenl 3 funding process. W6 have read these and adhere lo them. Our fullding has been approved. Tightly colllrolled finances, clear set budget, reserves and contingency funds, wee￿Y meetings, regular reports and ts'ghlly overseen budgets. In addition lo this the new govemmenl have slated that they are looking lo provide more funds for SEND and for the Further Education sector. Al present we have strictly outlined our forecast based on the rise of living wage and ils uplifl across the oompany, needs for staffing vMth the increased hours required for maths and English. We have excellent relationships with all our landlords. We keep in regular conlad. We have recently had Girlings our solicitors check over the contracts lo ensure they are current and correct. Our provision is split across 6 siles lo miligale against one sile causing the ￿llege lo be in difficulties of where lo house students. We have robust H & S po]ici&s that are checked every year and signed off by the board. We have a H & S lead that meets wlh the principal monthly to look al H & S needs and check that sile leads are compliant. There is an external H & S audit carried out each year by Amadillo H & S company. H & S is part of all our meetings from supervision lo team meetings and board. We are fully insured lo also cover risk. All staff are trained in H & S on an annual basis, all staff are trained in Risk Assessments, Arinadillo check our RA annually, we have a H & S lead who checks our policies annualty along with the principal and college board. H & S is part of every aspect of everything that we do and all staff are const8nlly reminded abaul measures regularly and this is documonled. We are a SEND college il Is therefore likely Ihal there will be incidents of poor behawour and that parentslcarers and young people VMII al times complain about how things have been from their perspective. We follow procedures and policies lo ensure that if 8 complaint comes in, we are able lo justify our response and damonstrate that we have worked within our procedures. Non-payment of funds from out of Kent authorities Increase in cost of living outstripping government fvnding Loss of sile contract Failure lo meet H & S requirements and measures Failure lo operate wlhin policies provoking complainl++Failure lo meet safeguarding measures Pago12

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT In May 24 we had our most re￿nI Ofsled Inspection and l am pleased lo rewrt that we gained an overall Good raling with an Oulslanding rating lor our Personal Development and Progressions area. We continue lo work with exlema1 advisors lo support our developmenl and lo aim high foi our students and staff with the desire lo be Outstanding A regular board meeting agenda consideration. Regular training of staff and reminders that they need lo adhere lo ihe policies and procedures in place. Craftworks College has 4 very good Trustees that are dedicated lo supporting the work of Crafiworks College. Wé do not lake them for granted as we recognise that il is a gift that they give their lime to SUPW>rt the work that we do. We are in the process of enlisting a parent tnjslee al presènt and we are always openly recruiting so that there is a pool of people lo work with lo support the college. Failure lo meet Ofsledrequirements Fallure lo meét GDPR requirements Failure lo gather good Iruslees STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iruslees (who are also Ihe directors ol Craftworks Community Limited for the purposes of company lawl are iesponsible lor preparing the Report of the Trustees and the financi81 slalemenls in accordance with applicable law and Unitsd Kingdorn Accounting Standards {United Kingdom Generally Accepted Accounting Praclicel. Company law requires (he Iruslees lo prepare financi81 slalemenls for each financial year which give a true and fair view of the slate of affairs of the charilable company and of the incoming resources and application of resour￿$, induding thè income and expenditure, ol the charitable company for that period. In preparing those financial slalemenls, ihe trustees are required lo select suitable accounting wliaes and then apply Ihem e￿nSIStenI1y. observe the mèthods and principles in the Charity SORP., make judgements and eslimales that are reasonable and prudent., slate whether applirable accounting stsndards have been followed, subject lo any material dèpartures disclosed and explained in the financial slalemenls; prepare the financial slalemenls on the going concem basis unless il is inappropriate lo presume that the charitable company will continue in business. The Iruslees are responsible for keeping proper aecounling records which disclose wilh reasonable accuracy al any lime the financial position of the charitable company and lo enable them lo ènsure that the financial slalerllenls comply th the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for th8 prevention and detection ol fraud and other irregularities. In so lar as the Iruslees a￿ aware.. there is no relevant audit information of which the charitable company's auditors are unaware,. and Ihe Iruslees have taken all steps that they ought lo have taken lo rnake themselves aware of any relevant audit information and lo establish that the audilors are aware ol that inlomiation. AUDITORS The auditors, McCab6 Ford Williams, will be proposed for re4ppoinlmenl al the forthcoming Annual General Meeting. Page 13

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 29 JULY 2024 Report of the trus Aees, incorporating a slralegic report, approved by order of the board of Iruslees, as the company directors, on .l......PAf...: l ..1.0*.5.... and signed on the board's behalf by.. J Lewls- TTuslee Page14

I1￿1 I VÈ s IIL IIYLJkni I Muvi I VIIKJ I V I I¥lknIYIUknlX￿ VI CRAFTWORKS COMMUNITY LIMITED Opinion We have audited the financial statements of Craftworks Communily Limited Ilhe 'charitable companll for the year ended 29 July 2024 which comprisè the Statement of Financial Aclivilies, the Balance Sheet, the Cash Flow Slalemenl and notes lo the financial slalemenls, including a summary of significant accounting policies. The financial reportlng framework that has been applied in their preparation is applicable law and United Kingdom Accounllng Standards {Unlled Kingdom Generally Accepted Accounting Practice). In our opinlon the finanaal slalemenls.. give a twe and fair view of the stale of Ihe charllable companls affairs as al 29 July 2024 and of Its incoming resources and application of resources, including ils income and expenditure, for the year then ended., have been prOpe￿Y prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with Ihe requirements of the Companies Act 2006. Basis for oplnlon We conducted our audit in accordance with Inlernalional Stsndards on Auditing {UKI IISAS IUKI) ond applicable law. Our responsibilities under those standards are further descxibed in the Auditors, reswnsibililies for the audit of the financial slalemenls section of our report. We are independent of the Gharitsble company in accordance with the ethlcal requirements that are relevant lo our audit of the financial slalements in the UK, including the FRC'S Ethical Standard, and we h8ve fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficiènt and appropriate to provide a basls for our opinlon. Conclusions relatlng to going concern In auditing the financial slalements. we have concluded that the Iruslees, use of the gryng concem basis of accounting in the preparation of the finanrial statements Is appropriate. Based on the work we have performed, we have not identified any malerial uncErtainlies reE8ling lo events or conditions that, individually or collectively, may cast significant doubl on Ihe oharilab18 company's ability lo continue as a going concern for a period of al least twelve months from when the financial slalements ale authori￿d for issue. Our responsibililies and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this rèport. Other Infomiatlon The Iruslees are responsible for the other information. The other inlomiation comprises the infomialion induded in the Annual Report, other than the financial slalemenls and our RepDrt of the Independent Auditors th8r80n. Our opinion on the financial statements does not oover the other inforrnalion and, except lo the extent otherwise 8xplicilly slated in our ￿￿K)rt, we do not express any form of assuran￿ condusion Iher80n. In connedion wilh our audit of tho financial stalemenls, our responsibility is to read the other infomalion and, in doing so. consider whether the other information is materially inconsislenl wilh the financial slalements or our knO￿edge obtained in Ihe audit or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent materi81 misslalernenls, we are required lo determine whether Ihis gives rise lo a material misslalemenl in Ihe financia1 slalements themselves. If, based on the work we have performed, we conclude that there is a material rnisslatemenl ol this other informathon, we are required to report that fact. We have nothing lo report in this regard. Opinions on other matters prèscrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Report ol the Trustees for Ihe financial year for which the financial sialemenls are prepared is consislenl with the finanGial slalemènls., and the Report of the Trustees has been prepared in accordane£ with applicable legal requirements. Page15

tiki vii l ijl I I IL IIYLJLI LIILILIY I ttVlJl I I V I I IL I¥ILIVIL¥LIto VJ CRAFTWORKS COMMUNITY LIMITED Matters on whlch we are requlred to réport by èxcèption In the light ol the kno￿edge and understanding ol the charitable company and ils enwronmenl obl8in8d in the course of the audit. we havè not identified material mlsslatemenls in the Report of the Trustees. We have nothing lo report in respecl of the following matters where the Companies Ael 2006 requires us lo report lo you If, in our opinion.. adequate accounting records have not been kept or returns adequate for OUT audit have nol been recelved from branches not visited by us,. or the finandal slalemenls are not in agreement wlh the accDunling records and returns., or certain disclosures ol trustees, remuneration specified by law are not made., or we have not received all the informath'on and explanations we require for our audit, Responslbllltles of trustees As explained more fully in the Statement of Trustees, Responsibllilles, the Iruslees (who are also the directors of the charllable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and lair view, and for such internal control as the Iruslees delemiine is necessary 10 enable the prepaiation of financial statements Ih812re free from material misslalemenl, thelher due lo fraud or error, In preparing the financial stalemenls, Ihe Iruslees are responsible for assessing the charitable company's ability lo continue as a going cLIn￿r￿, disdosing, as applicable, rnallers related lo going concern and using the going concern basis of accounting unless the Iruslees eithw intend lo liquidate the charitable company or lo cease operations, or have no realistic allernalive bul lo do so. Page 16

REPORT OF THE INDEPENDENT AUDITORS TO THE MEM8ER CRAFTWORKS COMAIUNifi LIMITED Our Tesponsibllitles forthe audlt of Ihe financlal statements Our objeolives are lo obtain reasonable assurance about whether Ihe financial 5tat8ments as a whole ar8 free from material misstatement, vthelher due lo fraud or error, and lo issue a Report of the Independent Auditors that includes our opin1￿. Reasonable assurance is a high level ol aSsUra￿e, bul is not a guarantee that an audit conducted In accordance ￿th ISAS IUKI vill always detect a material misslatemenl wh8n il exists. Misstatements can aiise from fraud or error and are consklered rnalerial If, individually or in Ihe aggregate, they coukj reasonably be expeGted to influence the eciyvjmic decisvjns of users taken on the basis of Ihe8e financlal stalernents. Irreguladts including fra￿ are Instartes of nonwcornpllance ￿th laws and r8Julalions. We deslgn procedures in Iln8 wlh our responsibililles outlined above, lo delecl material rnisslatements in respect of Srregularilie$ indudlro fraud. The exlent to which our procedures are capable of detecting irregularities, including fiaud is detsiled below.. Our approach lo ￿￿en11￿.ng and assessing the risks of rnalerfal misstatement in respect of irregularitks, incI￿11￿j fraud and non-compliance Nwlh laws and regulat￿, was as fdkK'. - the engag6ft￿nt partner ensured that the engagement learn colkclSvely had the appropriate compelenrR, Capabil￿8$ and skills lo idenlfy or rec¢)Jnise nonoimpliance wth applEable laws and regulallons., - we identifEd the laws and regulations applicable to the company IhroDah di8cuss¥)ns vmlh trustees and management and ourexperience of the sector., we focused on specific laws and regulations which we considered may have a direct malerfal effect on the financial slalernents or the operation8 01 the charitable company, inGludiro, bul Ml lirniw to, the Companles Act 20C6, the Charities SORP 2019 and UK lax legi51alh)n', we assessed the extent of compliance with the law8 aThJ reg￿atIOnS lden1rf￿d above Ihrough maklng enquiries cl rnanagemenl., and identified laws and regulallorB comrnunicated ￿thIn the audit team regularly and the tearn remainéd alert to inslatKes of non40mplian￿ thro￿hOUl the audK. We assess& the susceplibllity of the charitabl8 companls fln9[￿la1 slalements to materia misstatement, I￿uding obtaining an understsnding of howfraud mtghl occur, by.. making enquiries ol rnanagemenl and the trustees as to where they cry￿{dered Ik£fe was suscepllbillty lo fraud, their kn(Avledge of actual, suspected aThJ al￿ged fraud,. - cOns￿er￿ng the inlemal controls In place lo miligale risks of fraud and non¥¢ompllancé vilh and regulations. To a&Jress Ihe rfsk offraud through manajemenl bias aThJ overrije ofconlroLg, we.. - perfomwl analytical pr￿ed￿re$ lo identify any unusual or unexP￿ted relallonships,. - tested joumal entries lo identify unusual transactions., - assessed whether judgements and assumptions rnade in dèterrnlning the accounting eslSmates set oul in note 1 were indicative of potential bias., and - Inves￿ated the ralthth behind signiflcanl or unusual Iransxlk)ns. In resp)nse lo the risk of irregularities and nonthcomptlance wlh laws and regulations, we designed procedures which Included, bul were not limited lo.. . agreeing financial staternenl dlsclo8iires lo underfying suppoilng d¢xumentslion,' - reading Ihe minutes of meetings of those charged with govemance., - ewuiTrng of Tnanagemenl as to actual and polents'al liligalion and dairns., and - revIe￿n9 correspondence with HMRC and relevant regulators such as the ESFA. Because of the inherent limitations of an audit, there Is a risk that we will not detect all irregularities, including those ading lo a rnalerial mS&8latemenl in the financia slalemenls or nonrycornpliance with regulation. This risk increases the MO￿ that compliance with a law or wulat￿n is removed from the evenl8 and transactions refflected in the financial statements, as we wll be less likely to be¢om6 aware ot instsnces of non-cornpllance. The risk i8 also greater regarding irregularittés occumng due b fra￿ rather than error, as fraud Involves uilenlional Con￿alMent, forgery, collusion, ornissiofi or MIS￿preSentation. Page 17

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CRAFTWORKS COMMUNITY LIMITED A further d8scriplion of our resp0ns1bllil￿ for the aLbJit ol the financlal statements is I￿ated on the FinanGial Reporting Council's website al vhvw.frc.org.uklaudilorsresponsibilities. This description forrns part of our Rewrt of the Independent AuditotS. U#• of our report Thts report Is rnade solely lo the Charitab￿ companls members, as a body, in acC￿da￿e with Chapter 3 of Part 16 of the Companps Act 21J)6. Our audit work has been undertaken so that M￿h1 slate lo the charitsble companls member5 those mattels pAe required lo stale to them in an auditors, report and for no other purFose. To the fullest extent pem)itted by law, we do not aGcept or assurne responsibility lo anyone other than the Charitab￿ company aThJ the Charitable ¢ornpanls members as a body, forour audit work, for thi8 report, orfor the opinions we have forn￿d. Cfair Rayner FCA DChA (Senior Slalutory Auditor) for and on behawof Mccabe Ford Williams Statutory Audkors and CharteTed Accountants Bulldlng 1C63 Comforth Drive Kent Science Park siitlngbjume Kent ME9 8PX Apr7, 2025 Date.. Page 18

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 29 JULY 2024 Period 1.8.22 lo 29.7.23 Total funds Year Ended 29.7.24 Total nds Unieslricted fund Reslrlcted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 40 62,040 62,080 68,882 Charitable activities Charitable Activit￿S 1,585,730 1,585,730 1,180,606 Other Irading activilles 12,087 12,087 40,479 Total 12.127 1,647,770 1,659,897 1,289,967 EXPENDITURE ON Raising funds 352 353 1,429 Charltable actlvltles Charitable Aciivilies 9,276 1,504,715 1,513,991 1,214,180 Total 9,277 1,505,067 1,514,344 1,215,609 NET INCOME 2,850 142,703 145,553 74,358 RECONCILIATION OF FUNDS Total funds brought fO￿ard 801 184,807 185,608 111,250 TOTAL FUNDS CARR5ED FORWARD 3,651 327,510 331,161 185,608 The notes fomi part of thes8 finanoal slalemenls Page19

BALANCE SHEET 29 JULY2024 29.7.24 Total funds 29.7.23 Total funds Unreslricled tund R8slricled funds Notes FIXED ASSETS Tangible assets 13 40,910 40,910 38,844 CURRENT ASSETS Debtors Cash at bank 14 869 382,264 869 385,916 5,470 214,340 3,652 3,652 383,133 386,785 219,810 CREDITORS Amounts falling due wlhin one year 15 196,5341 {96,5341 173,046) NET CURRENT ASSETS 3,652 286,599 290,251 146,764 TOTAL ASSETS LESS CURRENT LIABILITIES 3,652 327,509 331,161 185,608 NET ASSETS 3,652 327,509 331,161 185,608 FUNDS Unreslricled funds Reslricled funds 16 3,652 327,509 801 184,807 TOTAL FUNDS 331,161 185,608 The financial slalemenls were approved by the Board of Trustees and aulhorised for issue on and were signed on ils behalf by.. J Lewis- Trustee The noles fom part of these financial slalem6nls Page 20

CASH FLOW STATEMENT FOR THE YEAR ENDED 29 JULY 2024 Period 1.8.22 lo 29.7.23 Year Ended 29.7.24 Notes Cash flows from opèratlng actlvltlès Cash generated from operalions 122,343 (19,5061 Net cash W0￿￿ed byl(used inl operating activities 122,343 119,506) Cash flows from Investing activities Purchase of tsngible fixed assets Sale of tangible fixed assets Capital grants from ESFA (12,8071 16,584) 7,199 68,882 62,040 Nel cash provided by investing activities 49,233 69,497 Change in cash and cash equivalents In the reportlng perlod Cash and cash equivalents at th8 beglnnlng of the reportlng perfod 171,576 49,991 214,340 184,349 Cash and ¢a$h equlval6nts at the end of the reportlng p•riod 385,916 214,340 The notes form part of these financial s181ements Paoe 21

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 29 JULY2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES Pariod 1.8.22 lo 29.7.23 Year Ended 29.7.24 Nèt Income for the reporting pèriod las pèr the Statement of Flnanclal Actlvltlesl Adlustmènts for: Depreciation charges Loss on disposal of ftxed assets Capital grants from ESFA Decreasellincreasel in debtors Increaselldecreasel in uedilors 145,553 74,358 10,740 8,429 644 (68,8821 12,3361 131,7191 162,0401 4,602 23,488 Net Cash provld6d byllused Inl operations 122,343 If9,506} ANALYSIS OF CHANGES IN NET FUNDS AI 30.7.23 Cash flow At 29.7,24 Net ¢a$h Cash al bank 214,340 f71,576 385,916 214,340 171,576 385,916 Total 214,340 171,576 385,916 The noles lomi part of these financial stslements Page 22

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JULY 2024 COMPANY STATUS The ccmpany is a private company limited by guarantee and consequently does not have share capital.The company is incorporated in England and Wales.The company obtained charitable stalus on 16 February 2023 and is a registered charity, The presentation currency ol the financial slalemenls is the Pound Sterling (£1. ACCOUNTING POLICIES Basis of preparing the financial statemènts The finanrial statements of Ihe charitable company, which is a public benefit enlily under FRS 102, have been prepared in accordance vmth the Charilies SORP {FRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities prepailng their accounts in accordance with the FinancAal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,, Finanrial Reporting Standard 102 'The Finanaal Reporting Standard applicable in the UK and Republlc of Ireland, and the Companies Act 2006. The financial slalemenls have been prepared under the historical cost convention. Crttlcal accounting judgèments and key sources of èstlmatlon uncertalnty In the application of Ihe Gharilable company's a¢oounling policies,managemenl is required lo make judgemenls,estimales and assumptions about the carying value of assets and liabilities that are not readily apparent from other sources.The estimate and underlying assutllplions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The eslimales and undertying assumptions are reviewed on an ongoing basis.Revisions lo accounting eslimales are recognised in the pen(yJ lo which the estimate is revtsed. If the revision affects only Ihal period or in the period of the revision and lulure periods if the revision affects both current and future periods. The key sources of esl'mation uncertainly Ihat have a significant effect on the amounts recognised in the financial slalemenls are the depreciation charges that are calculated wlh reference lo the useful èconomic life of fixed assets. Going conc&m Tre Injsleès assess whether the use of going concem is appropri81è i.e. whether there are any maltsrial uncertainties related lo events or conditions that may cast significant doubl on the ability of the company lo continue as a going concem. The Iruslees make this assessment in respect of a p6riLxJ for al least one year from . the dale of authorisalion for issue of tho financial statements and have concluded that the charity has adequate resources lo continue in operational existence for the foreseeable future and ther8 are no material uncertainties about the charities ability lo continue as a going concem, thus they Gonlinue lo adopl the going concern basis of accounting in preparing Ihe finanejal slalemenls. Income Income is included in the Stalemenl of Financial Activities (Sofal when the charity become enlilled lo, and Is probably certain to receive,Ihe income and the amount ol the income can be rneasured ￿￿th sufficient reliabilily. Where income has related expenditure the income and related expendlture is reported gTOSS in Ihe SOFA. Donalions and Legacies Voluntary income received by way ol granls,donalions and gifts, is induded in the SOFA when receivable and only when the charity has unconditional enlillemenl lo the income. Page 23 continued...

NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 29 JULY2024 ACCOUNTING POLICIES. continued Incomè Revenue Grants Grants are included in the slalernenl of financial Activities on a receivable basls. The balance of income received for specific pu￿OSe$ bul not expended during the period is shown in the relevant funds on the balance sheel.Where income is received in advance of meeting any performance-relaled conditions there is not unconditional enllllement lo the income and ils recognition is deferrèd and included in creditors as deferred income until the perfom)ance-mlatÈd Wfyndilions are rnel. .Where enlillemenl occurs before income is received, the income is accrued. Capltal Grants Capital grants are recognised In ftjll when there Is an uncondllional enlillemenl lo the granl.Un$penl amounts of capital grants are reflected In the balance sheet in the reslricled fixed asset fund. Expendlture Liabilities are recognised as expenditure as soon as therè is a legal or constnjctive obligation committing the charity lo that expenditure, il 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 lo the category. Where costs cannot be directly allribuled lo particular headings they have been allocated lo activities on a basis consislenl with the use of resources. Expenditure on Raising Funds comprise the Gosls assorialed with allracting volunlary income,fundraising costs and investment management costs. Expenditure on Charitable actiwlies comprise the costs incurred by the charity in the dèlivery of its acliwlies and seNces in the furtherance ol ils objects,including the making of grants and govemance costs. Governan￿ costs include those costs associated wlh meeting the conslilulional and slalulory requirement of the charily,including any audillindependenl examination fees,cosls linked lo the strategic management of the charily, together wdh a share ol the other adminislralion costs. Other expenditure are support costs nol allocated lo a particular activity. Tangible fixed assets and depreciation Fixed Assets are recognised al cost and depreciation is provided al the following annu81 rates in order lo write off each asset over ils eslimaled useful life. Buildings Fixlures,Fillings &Equiprnenl 10.10 Slraiqhl Line. 25¢1, Reducing Balance. Trade and other debtors Trade and other debtors are recognised at the selllemenl amount due after any trade discount offared.Prepaymenls are valued al the arnounl prepaid nel of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and on hand,demand deposits with banks and other short -lem highly Liquid investments wilh original rnalurilies of thre8 months or less and bank overdrafts in the slalemenl of financial posilion,bank overdrafts are shown within borrowings or current liabilities.ln the Slalemenl of Gash flows, cash and cash equivalents are shown net Df bank overdrafts that are repayable on demand and form an inlegml part of the company's cash management. Page 24 rA)nlinued...

NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 29 JULY 2024 ACCOUNTING POLICIES- continuèd Taxatlon The charity is exempl from corporation lax on ils charilable adiwties. Fund accounting Unreslricled funds can be used in accordance with the charitsble objectives al the discretion of the Iruslees. Reslrided funds can only be used for particular restricted purposes wlhln the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised lor particular reslri¢led purposes. Further explanatlon of the nature and purpose of each fund is included in the notes lo the financial stslem6nts. Penslon costs and other post-retlrement beneflts The charitable company opèrates a defined contribution plan for rts employees. A defined Contribution plan is a penslon plan under which the company pays fixed contributions into a separat8 enlily. Once the contribution have been paid the Gompany has no further payments obligations. charitable companvs pension scheme are charged lo the Slalemenl of Financial Activities in the period lo which they relate. Trade and other credltors Short term creditors are measured al the transaction price,olher uedilors and provisions are reoognised where the charity has a present obligalic>n resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due lo sellle the obligation can be measured or estimated reliabty.credilors and provisions are normally reeognised al their selllemenl amount after allowing for any Irade discounts due. Leased assets Where the Charity enters into a lease which entails taking substantially all the risks and Tewards of ownership of an assel,Ihe lease is treated as a finance lease. Lease which do not transfèr subslanlially all the risks and rewards of ownership lo charity are classified as oper81ing leases. Assets held under finance lease are initially recognised as assets of the charity at their fair value al the inception of the lease or,if lower,al the present value of the minimum lease paymenls,The corresponding liability to the lessor is included in the balance sheet dale as a finance lease obligalion.Lease payments are 8PPOrtioned between finance expenses and reduction of the lease obligalion so as lo achieve a constant rale of interest on the remaining balance of th8 liability.Finance expenses are rec4)gnised immedialely,unless they are diredy allribulable lo quality'ng assels,in which case they are capilalised in accordance with Ihe tharily's polioy on borrowing costs. Assets held under finance leases are depreciated in the sarne way as owned assets. Operating lease payments aTe recognised as an expense on a slraighl.line basis over the lease lerm.ln the events Ihal lease incentives are received lo enter inlo operating leases,such incentives are recognised as a liability. The aggregale benefit ol incentives is recognised as a reduction of rental èxpanse on a slraiohl.line basis. Agency Arrangements The charitable company acts as an agent in dislribuling bursary funds from ESFA.Paymenls re￿iVed from ESFA and subsequent disbursements lo sludenls are excluded from the slalemenl of financial 8clivilies as Ihg charitable cornpany doas not have control over the charitable application of the funds.The charitable company does not currenlly allocate any percentage of funding towards ils own 8dminislralion costs. The funds received and paid, and any balances hald are disclosed in nole19. Page 25 continued...

NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 29 JULY 2024 DONATIONS AND LEGACIES Period 1.8.22 lo 29.7.23 Year Ended 29.7.24 Donations Capltal Grants 40 62,040 68,882 62,080 68,882 Grants received, included in thè above, are as follows.. Period 7.8.22 lo 29.7.23 Year Ended 29.7.24 ESFA Bulldings & Assets Allocation 62,040 68,882 OTHER TRADING ACTIVITIES Pariod 1.8.22 Year Ended 29.7.24 29.7.23 Provision of Staff Insurance Claims 12,087 38,270 2,209 12,087 40,479 Page 26 continued...

NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 29 JULY 2024 INCOME FROM CHARITABLE ACTIVITIES Period 1.8.22 lo 29.7.23 Year Ended 29.7.24 Activity Charitable Activities Grants 1,585,730 1,180,606 Grants received, included in the a￿Ve, are as follows- Period 1.8.22 lo 29.7.23 Year Ended 29.7.24 ESFA Funding Elemen11 ESFA Funding Element 2 ESFA Funding Elemenl 3 ESFA Tuition Fund SENCO Funding & Training Free School Meals ESFA Te8Gher Mentoring Programme 542,505 468,000 565,237 3,249 421,846 366,000 325,655 5,055 54,507 7,543 4,749 1,990 1,585,730 1,180,606 RAISING FUNDS othèr tradlng activilies Period 1.8.22 lo 29.7.23 Year Ended 29.7.24 Advertising & Marketing 353 1,429 Page 27 continued...

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 29 JULY 2024 CHARITABLE ACTivrriES COSTS Support costs (see note 81 Direct Costs Totals Charitable Acliviti8S 1,481,114 32,877 1,513,991 SUPPORT COSTS Governancè costs Charltable Activdies 32,877 NET INCOMEIIEXPENDITUREI Net incomellexp6ndilurel is slated after charglngllcredilingl.. Peiiod 1.8.22 to 29.7.23 Year Ended 29.7.24 Auditors, remuneration Auditors, remuneration for non audit work Depreciation - owned assets Deficit on disposal of fixed assets 9,625 2,915 10,741 9,600 8,429 644 10. TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remuneration or other benefits lor the year ended 29 July 2024 nor for the wriod ended 29 July 2023. Trustees, 8xpenses Period 1.8.22 to 29.7.23 Year Ended 29.7.24 Tnjslees, expenses 34 Page 28 continued...

NOTES TO THE FINANCIAL STATEMENTS - Qontinued FOR THE YEAR ENDED 29 JULY 2024 11. STAFF COSTS Perfod 1.8.22 to 29.7.23 Year Ended 29.7.24 Wages and Salaries Sotmal security costs Other pension eosls 944,838 68,730 16,164 787,190 67,927 14,885 1,029,732 870,002 Tolal amount ol employee salary and benefits recieved by key management personnel is.. £186,897 12023.. £129,826) The average monthly number of employees during the yeaT was as follows.. Period 1.8.22 to 29.7.23 Year Ended 29.7.24 Management Delivery of Services 39 33 43 36 No employees received emoluments in excess of £60,tx)o. 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled fund Reslrioled funds Total funds INCOME AND ENDOWMENTS FROM DonalB)ns and legacies 68,882 68,882 Charltable actlvltles Charitable Activities 1,180,606 1,180,606 Other Iradino aclivilies 40,479 40,479 Total 40,479 1,249,488 1,289,967 EXPENDITURE ON Raising funds 1,429 1,429 Charitable activitles Charitable Activities 39,678 1,174,502 1,214,180 Total 39,678 1,175,931 1,215,609 Page 29 cL)nlinued,..

NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 29 JULY2024 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unreslricted fund Restricted funds Total funds NET INCOME 801 73,557 74,358 RECONCILIATION OF FUNDS Total funds brought fotward 111,250 111,250 TOTAL FUNDS CARRIED FORWARD 801 184,807 185,608 13. TANGIBLE FIXED ASSETS Improvements lo propety Fixtures and fittings Totals COST At 30 July 2023 Additions 27,355 30,662 12,807 58,017 12,807 Al 29 July 2024 27,355 43,469 70,824 DEPRECIATION AI 30 July 2023 Charge for year 6,320 2,736 12,853 8,005 19,173 fO,741 At 29 July 2024 9,056 20,858 29,914 NET BOOK VALUE At 29 Juty 2024 18,299 22,611 40,910 At 29 July 2023 21,035 17,809 38,844 Page 30 continued...

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 29 JULY 2024 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 29.7.24 29.7.23 Trade debtors Other debtors 2,263 3,207 869 869 5,470 15. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 29.7.24 29.7.23 Trade creditors Social security and other taxes Other creditors Accrued expenses 528 26,315 58,051 11,64Q 1,148 20,068 40,430 11,400 96,534 73,046 16. MOVEMENT IN FUNDS Nel ovemenl in funds Al 30.7.23 Al 29.7.24 Unreslrfcted funds Gener81 fund 801 2,851 3,652 Reslrlcted funds ESFA Funding Elemen11 ESFA Funding Elemenl 2 ESFA Funding Element 3 SENCO Funding & Training Free School Meals ESFA Buildings & Assets Allocation 67,792 18,200 26,591 36,753 2,469 33,002 23,914 41,244 105,648 136,753) 12,138) 10,787 91,706 59,444 132,239 331 43,789 184,807 142,702 327,509 TOTAL FUNDS 185,608 145,553 331,161 Page 31 continued...

NOTES TO THE FINANCIAL STATEMENTS - contlnuèd FOR THE YEAR ENDED 29 JULY 2024 16. MOVEMENT IN FUNDS- continued Net movement In lunds, included in the above are as follows.. Incoming resources Resources éxpended Movement in funds Unrestricted funds General fund 12,127 19,2761 2,851 Restrlcted funds ESFA Funding Element1 ESFA Funding Element 2 ESFA Funding Element 3 ESFA Tuition Fund SENCO Funding & Training Free Sdiool Meals ESFA Buildings & Assets Allocation ESFA Teacher Mentoring Programme 542,505 468,000 565,237 3,249 1518,5911 1426,7561 1459,5891 13,2491 (36,753) 16,8871 151,2531 11,9901 23,914 41,244 105,648 136,7531 {2,1381 10,787 4,749 62,040 1,990 1,647,770 {1,505,0681 142,702 TOTAL FUNDS 1,659,897 11,514,344> 145,553 Comparatlves for movement in funds Nel movernenl in lunds Al 29.7.23 Al 1.8.22 Unrestrlcted funds General fund 801 801 Restricted funds ESFA Funding Element1 ESFA Funding Element 2 ESFA Funding Element 3 SENCO Funding & Training Free School Meals ESFA Buildings & Assets Al0￿110n 47,282 20,510 18,200 26,591 3,586 2,469 2,201 67,792 18,200 26,591 36,753 2,469 33,002 33,167 30,801 111,250 73,557 184,807 TOTAL FUNDS 111,250 74,358 185,608 Page 32 continued...

NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 29 JULY 2024 MOVEMENT IN FUNDS- contlnued Comparative nel movemenl in funds, induded in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 40,479 (39,678) 801 Rèstrlcled funds ESFA Funding Elemen11 ESFA Funding Element 2 ESFA Funding Element 3 ESFA Tuition Fund SENCO Funding & Training Free Sch￿1 Meals ESFA Buildings & Assets Allocation 421,846 366,000 325,655 5,055 54,507 7,543 68,882 1401,3361 1347,800) 1299,0641 {5,0551 (5LI,g211 15,0741 166,6811 20,510 18,200 26,591 3,586 2,469 2.201 1,249,488 11,175,931) 73,557 TOTAL FUNDS 1,289,967 11,215,609) 74,358 17. EMPLOYEE BENEFIT OBLIGATIONS The company 0￿rateS a defined contribution scheme. The provider of the scheme is NEST. During the year the harily conlribuled £18,46512023'.£14,8851. There was an OL)tstanding ba5ance of £3,072. paid on 9th August 202412023.'£3,3931 18. RELATED PARTY DISCLOSURES During the year the company rnade s818S to Brogdale CIC of £3,04812023.' £3,320) and made payments lo them of £131,52712023.' £52,840). Al the year end the nel amount owing by Brogdale CIC was £Nil12023.' £2,914 owèd by Brogdale CIC). During the year the company also made sales to Vibe Commijnlty Limited of £8,014 (2023: £35,323) and m8dè payments to Ihem of £1,956 (2023.. £4,479). Al the year end the nel amount owing by Vibe Community Limited was £Nil12023'. £1,338 owed by Vibe Communily Limiledl. The CEOI Prinapal R O'Neill ol Ihe charily has a dose lamily relationship with F Q'Neill who is also a member ol key rnanagemenl personnel.The value of femuneralion and other bonefils received in respect of their employment was as follows- R O'NÈlll Remuneration £40,000 - £50.OLXI12023 '. £ 40,000- £50,000) Empk)yee Pension £l,000- £2,00012023.' £1,000- £ 2,0001 F O'Nelll Remuneration £40,000- £50,00012023 '. £ 30,000- £40,000) Page 33 continued...

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 29 JULY 2024 18. RELATED PARTY DISCLOSURES- continued Employee Pension £1,000- £2,000 (2023.. £ o- £9991. 19, BURSARY FUNDS The charitable company dislribules bursary funds lo students as an agent ofthe ESFA. In the year under review the charitable company received £57,39012023.' £41,559) and disbursed £46,37912023 £30,939) of the funds. An amount of £38,13612023 £27,125) is included in other creditors relating lo undislribuled funds, that if not disbursed in the next financial year will be repayable to the ESFA. Page 34

CRAFTWORKS COMMUNITY LIMITED ETAILED STATEMENT OF FI NCIAL ACTIVITIES FOR THE YEAR ENDED 29 JULY 24 Period 1.8.22 Year Ended 29.7.24 29.7.23 INCOME AND ENDOWMENTS Donations and lega¢les Donations Capital Grants 40 62,040 68,882 62,080 68,882 Othertradlng actlvliies Provision of Staff Insurance Claims 12,087 38,270 2,209 12,087 40,479 Charitable actlvltl•s Grants 1,585,730 1,180,606 Total Incomlng resources 1,659,897 1,289,%7 EXPENDITURE Olhertrading actlvlll¢i Advertising & Marketlng 353 1,429 Charitable adlvttl Wages Soclal security Pensions Temporary Staff Educational Supplies Examinalv)n Fees Staff Developmenl & Tralning Free Schjol Meals Sundries Hire of Plant rn&h4nery Techmlogy C4)sts Travel & Subsislenr Telephone Rent and Rates Carried forw*d 944,839 68,730 16,164 134,937 18.501 12,319 9,119 6,887 787,19) 67,927 14,885 54,324 13,261 13,729 7,523 5,074 28 9,909 19,336 21,093 12,101 19,907 1,046,287 176 13.494 22,060 11,797 22,909 1,288,235 This page ¢kns not fofm wt of th8 Statutory financial statements Page 35

CRAFTWORKS COMMUNITY LIM TED DETAILED STATEMENT OF FINANCIAL ACT FOR THE YEAR ENDED 29 JULY 2024 TIES Period 1.8.22 lo 29.7.23 Ye* End8J 29.7.24 Charitable activitl•s Brought fo(wwd Energy Costs Insuran RepaiTr & renewals Legal & Professional Costs Postage and slalionery staff Development & TralniThJ Bank Charges Improvements to property Fixtures and Ilttings Loss on sale of tangible fixed assets 1,288,235 19,797 17,671 79,098 31,712 15,775 17,638 388 2,735 8,005 1,046,287 16,234 14,205 68,837 15,031 8,176 2.735 5,694 644 1,481,114 1,187,146 Support costs Governance costs Trustees, expenses Auditors, remuneralion Auditors, remuneration for Trjn audit work Accountancy fees 9,625 2,915 20,337 17,4Q) 32,877 27,034 Total resources expended 1,514,344 1,215,809 Net Income 145,553 74,358 ThÈs page does not ftim part of the statutory financial slalemenls Page 36

CRA6309 - Accounts Y.E 29 July 2024 (client signed) Final ALJdil Report 2025-04-07 Created.. 202s￿-07 By.. Robert Horne [e-mail] Slalus.. Signe(I Transaction ID.. CBJCHBCAABAAK1v79DNv6oSzlH21ioN03wXZb50U3BSX "CRA6309 - Accounts Y.E 29 July 2024 (client signed)" History Document created by Robert Home [e-mail] 2025-04-07- 9..01..39 AM GMT- IP address.. 46.249.201.69 Document emailed to Clair.rayner@m￿.0o.uk for signature 2025-044)7- 9'.03'.40 AM GMT Email viewed by Clair.rayner@m￿.¢o.uk 2025.04-07- 9..39..47 AM GMT- IP address.. 46.249.201.69 Signer [e-mail] entered name al signing as Clair Rayner 2025-04-07- 9..40..37 AM GMT- IP address.. 46.249.201.69 Document e-signed by Clair Rayner lcla1r.rayner@m￿.c0.ukl Signalure Dale.. 20254H-07- 9.'40'.39 AM GMT- Time Sourtr.. server- IP 8ddress'. 46.249.201.69 Agreement completed. 2025-04-07- 9..40..39 AM GMT