## **`Report of the Trustees and`** ``` Financial Statements for the Year Ended 31 July 2024 ``` ``` for FORUM FOR ACCESS & CONTINUING EDUCATION (FACE) ``` ## **`Forum for the Access & Continuing Education (FACE)`** ## **`Index to the Financial Statements for the Year Ended 31 July 2024`** ||`Page`| |---|---| |`Charity Information`|`1`| |`Report of the Trustees`|`2`| |`Report of the Independent Examiner`|`3`| |`Statement of Financial Activities`|`4`| |`Balance Sheet`|`5`| |`Notes to the FinancialStatements`|`6`| ``` Forum for Access & Continuing Education (FACE) ``` ## **`Charity Information for the Year Ended 31 July 2024`** ## **`TRUSTEES:`** ``` Gino Graziano Wendy Fowle Ross Renton Deirdre Lynskey Andrew Rawson ``` ``` CHARITY REGISTRATION:289413 ``` ## **`INDEPENDENT EXAMINER:`** ``` T Burton & Co Ltd Chartered Accountants Suite 1, Scotts Place 24 Scotts Road Bromley Kent BR1 3QD ``` ``` Page 1 ``` ``` Forum for Access & Continuing Education (FACE) ``` ## **`Report of the Trustees for the Year Ended 31 July 2024`** ``` The trustees present their report with the financial statements of the charity for the year ended 31 July 2023. ``` ## **`CHARITABLE DEED`** ``` The charity is governed by Charitable Deed dated 1993. ``` ## **`TRUSTEES`** ``` The trustees during the year under review were: ``` ``` Co-Chair: Gino Graziano Wendy Fowle Ross Renton Deirdre Lynskey Andrew Rawson ``` ## **`PRINCIPAL ACTIVITY`** ``` The object of the charity is the advancement of continuing education with specific reference to continuing education in the university and college sector and related contexts in the United Kingdom. ``` ## **`ON BEHALF OF THE TRUSTEES:`** ``` Gino Graziano Co-Chair of FACE and Trustee ``` ``` Approved by the Trustees on ``` ``` Page 2 ``` ``` Forum for Access & Continuing Educatio n (FACE) ``` # **`Independent Examiner's Report for the Year Ended 31 July`** ``` 2024 ``` ``` To the Trustees of Forum for Access and Continuing Education (FACE) ``` ``` I report on the accounts of the Charity for the year ended 31 July 2023, which are set out on pages four and five. ``` ## **`Respective responsibilities of trustees and examiner`** ``` As the charity's trustees are responsible for the preparation of the accounts: you consider the audit requirement of section 28(3) of the Charities Act 2006 (the Act) does not apply. ``` ``` It is my responsibility to state, on the basis of procedures specified in the General Direction given by the Charity Commissioners whether particular matters have come to my attention. ``` ## **`Basis of independent examiner's report`** ``` My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanation from you as trustees concerning any such matters. The procedures undertaken did not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair• view and the report if limited to those matters set in the statement below. ``` ## **`Independent examiner's statement`** ``` In connectionwith my examination, no matter has come to my attention (other than disclosed below): ``` - `(1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 150 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or` - `(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.` ``` T Burton & Co Chartered Accountants Suite 1, Scotts Place, 24 Scotts Road, Kent BR1 3QD ``` ``` Date: ``` ``` Page 3 ``` ## **`Forum for Access & Continuing Education (FACE)`** |**`Statement of Financial Activities for `**
**`the Year Ended 31 July 2024`**
`£`
`£`
`£`
**`INCOME`**
`Notes Restricted Unrestricted Endowment`
`Fees`
`2`
`16,500`
`Subscriptions`
`15,177`
`Publications`
`354`
`Interestreceived`
`633`
`TotalIncome`
`32,664`
**`RESOURCES EXPENDED`**
`Direct Charitable`
`Bank charges`
`Expenditure`
`Administration`
`20,355`
`20,355`
**`NET INCOMING RESOURCES`**
`12,309`
`Resources b/f`
`51,878`
`Adjustment to reserves`
`Resources c/f`
`64,187`|**`Statement of Financial Activities for `**
**`the Year Ended 31 July 2024`**
`£`
`£`
`£`
**`INCOME`**
`Notes Restricted Unrestricted Endowment`
`Fees`
`2`
`16,500`
`Subscriptions`
`15,177`
`Publications`
`354`
`Interestreceived`
`633`
`TotalIncome`
`32,664`
**`RESOURCES EXPENDED`**
`Direct Charitable`
`Bank charges`
`Expenditure`
`Administration`
`20,355`
`20,355`
**`NET INCOMING RESOURCES`**
`12,309`
`Resources b/f`
`51,878`
`Adjustment to reserves`
`Resources c/f`
`64,187`|**`Statement of Financial Activities for `**
**`the Year Ended 31 July 2024`**
`£`
`£`
`£`
**`INCOME`**
`Notes Restricted Unrestricted Endowment`
`Fees`
`2`
`16,500`
`Subscriptions`
`15,177`
`Publications`
`354`
`Interestreceived`
`633`
`TotalIncome`
`32,664`
**`RESOURCES EXPENDED`**
`Direct Charitable`
`Bank charges`
`Expenditure`
`Administration`
`20,355`
`20,355`
**`NET INCOMING RESOURCES`**
`12,309`
`Resources b/f`
`51,878`
`Adjustment to reserves`
`Resources c/f`
`64,187`|**`Statement of Financial Activities for `**
**`the Year Ended 31 July 2024`**
`£`
`£`
`£`
**`INCOME`**
`Notes Restricted Unrestricted Endowment`
`Fees`
`2`
`16,500`
`Subscriptions`
`15,177`
`Publications`
`354`
`Interestreceived`
`633`
`TotalIncome`
`32,664`
**`RESOURCES EXPENDED`**
`Direct Charitable`
`Bank charges`
`Expenditure`
`Administration`
`20,355`
`20,355`
**`NET INCOMING RESOURCES`**
`12,309`
`Resources b/f`
`51,878`
`Adjustment to reserves`
`Resources c/f`
`64,187`|`31.7.24`
`31.7.23`
`£`
`£`
`Total`
`Total`
`16,500`
`7,750`
`15,177`
`4,905`
`354`
`489`
`633`
`420`| |---|---|---|---|---| ||**`the Year `**
`£`
`Restricted `|**`the Year `**||| ||||`32,664`
`20,355`|`32,664`
`13,564`
`20,355`
`30,479`
`20,355`
`30,479`
`12,309`
`-16,915`
`51,878`
`68,793`
`64,187`
`68,793`| ||||`20,355`
`12,309`
`51,878`|| |||||| ||||`64,187`|| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ``` Forum for Access& Continuing Education (FACE) ``` ## **`Balance Sheet as at 31 July 2024`** ||||`31.7.24`|`31.7.23`|| |---|---|---|---|---|---| |**`FIXED ASSETS:`**|`Notes`|`£`
|`£`|`£`|`£`| |`TangibleAssets`|||`0`||`0`| |**`CURRENTASSETS:`**|||||| |`BalanceatBank Current Ac`||`21,756`||`9,461`|| |`Balance at Bank Reserve Ac`||`44,027`||`43,393`|| |`Sundry Debtor`|`4`|`-`||`-`|| |||`65,783`||`52,854`|| |**`CREDITORS:`**`Amounts falling`|`5`||||| |`due withinone year`||`1,200`||`974`|| |**`NETCURRENTASSETS:`**|||`64,583`||`51,880`| |**`TOTAL ASSETS LESSCurrent`**|||`64,583`||`51,880`| |**`LIABILITIES`**|||||| |**`FINANCED BY:`**|`6/7`||||| |`UnrestrictedResources`|||||| |`brought forward`|||`51,878`||`68,793`| |`Adjustment to reserves`|||||| |`Incoming Unrestricted Resources -`
`(deficit)/Surplus`|||`12,309`||`-16,915`| |**`NETSURPLUS`**|||`64,187`||`51,878`| ## **`ON BEHALF OF THE TRUSTEES:`** ``` Gino Graziano Chair of FACE and Trustee ``` ``` Approved by the Trustees on ``` ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` Forum for Access & Continuing Education (FACE) ``` ``` Notestothe Financial Statements for the Year Ended31 July 2024 ``` ## **`1. ACCOUNTING POLICIES`** ``` The financial statements have been prepared under the historical cost convention and in accordance with applicable Accounting and Financial Reporting Standards and the Charities SORP FRS 102. ``` ## **`2. INCOME`** ``` Income represents fees and subscriptions. The surplus for the year is attributable to the principal activity of the charity. ``` ## **`3. TAXATION`** ``` The Charity is exempt from Tax. ``` |**`4.`**|**`DEBTORS: AMOUNTS FALLING DUE`**|`31.7.24`|`31.7.23`| |---|---|---|---| ||**`WITHIN ONE YEAR`**|`£`|`£`| ||`SundryDebtors`|`-`|`-`| |**`5.`**|**`CREDITORS: AMOUNTS FALLING DUE`**|`31.7.24`|`31.7.23`| ||**`WITHIN ONE YEAR`**|`£`|`£`| ||`Accrued Expenses`|`1,200`|`974`| |||`1,200`|`974`| |||`---`|`---`| ## **`6. RECONCILIATION OF MOVEMENTS IN UNRESTRICTED RESOURCES`** |||`31.7.24`|`31.7.23`| |---|---|---|---| |||`£`|`£`| ||`Fees`|`16,500`|`7,750`| ||`Subscriptions`
`Publications`|`15,177`
`354`|`4,905`
`489`| ||`Interest received`|`633`|`420`| |||`32,664`|`13,564`| ||`Expenditure`|`20,355`|`30,479`| ||`Deficit/Surplusfor the financial year`|`12,309`|`-16,915`| |||`12,309`|`-16,892`| |**`7.`**|**`NET ADDITIONTOUNRESTRICTEDRESOURCES`**||| ||`Opening Resources`|`51,901`|`68,793`| ||`Adjustment to reserves`|`0`|`0`| ||`Closing Resources`|`64,210`|`51,901`| ``` The notes form part of these financial statements ``` ``` Page 6 ```