Future Skills College SCIO
Trustees. annual report and financial statements for
for the year ended 31 December 2020
Scottish Charity Number SC047968

Future Skills College SCIO
Contents
Page
Charity information
Report of th8 Trustees
Independent examiner's report
Receipts and payments account
Statement of balances as at 31 December 2020
Notes lo the financial statements

Futurg Skills Collegg SCIO
Charity information
Trustees
Prlnclpal address
clo Dundee and Angus College
Gardyne Campus
Gardyne Road
Dundee
DD5 1NY
Independent examlner
Partner
Henderson Loggie LLP
The Vision Building
20 Greenmarkel
Dundee
DD14QB
Bankgrs
Bank of Scotland
Direct Business Bank
Teviol House
41 South Gyle Crescent
Edinburgh
EH12 gDR
Charity number
SC047968

Futurg Skills Collegg SCIO
Report of the Trustees
The Trustees of Future Skills College SCIO hereby submit their report and financial ststements for the
year ended 31 December 2020.
Future Skills College SCIO incorporated as a Scollish Charitable Incorporated Organisalion on 4
December 2017 and is govemed by its constitution.
Our Structure. Governance and Management
We are an OSCR registered Scollish Charitable Organisalion {SCIOI and govemed by a board of
trustees, all of whom are senior members of staff employed by or working on behalf of our main partners.
We are supported by staff employed by our three educational partners ID&A College, Angus Council
and Dundee City Council) with additional independent support funded by The Northwood Charitable
Trust.
Our Trustees
Chair
xecutive Director, Children and Family Service, Dundee City Council
Principal, Dundee and Angus College
independent educational consultant funded by Northwood Charitable Trust
Our Main Partners
Dundee and Angus College.
Dundee City Council.
Angus Council.
Northwood Charitable Trust.
We are also supported by a number of local business and charities as well as Dundee and Angus
Chamber of Commerce, Skills Development Scotland, our Ioc81 Developing the Young Workforce
IDYWI team and University of Dundee.
Our Background
Future Skills College IFSCI was registered as a charity with OSCR in December 2017, having opened
earlier in the year as school timetables changed in June. FSC was established in response lo research
that highlighted a concern that many young people, despite having successfully secured an initial
positive destination on leaving school, were no longer in employment, education or training by the lime
they were 19. FSC seeks to explore an alternative pathway for young people to better manage the
transition from full-time school education into sustainable positive destinations as self-confidenl
apprentices ready for the next phase of their lives.
Our Aims
Our charitable aims are..
To advance the education and employability of young people in Scotland through the provision
and promotion of high-qualily leaching.,
To design, develop and manage an innovative curriculum of substance, informed by
independent research, preparing young people in the round for life and work beyond full-lime
education.,

Futurg Skills Collegg SCIO
Report of the Trustees Icontinuedl
Our Aims Icontinuedl
To support those young people who, as a consequence of their personal and social
circumstances, have the greatest journey to make in the transition from education to sustained
employment., and
To work with employers in Scotland lo encourage the recruitment and retention of young people,
thus supporting young people as they transition from full-time education lo sustained
employment.
What We Do
FSC is a full-time, one year, pre-apprenticeship pathway designed for secondary school students and
is offered as a course choice option for students entering S5 and S6 in Dundee City Council and some
Angus Council secondary schools. In the original FSC model we first sought to secure potential full-lime
apprenticeship opportunities with local employers then recruit students to fill these places through the
normal school senior phase course choice process.
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Th8 Original FSC Model
Over the last two years this model has proved to be loo difficult to deliver as employers have been
unable lo commit in advance lo providing apprentice opportunities due lo COVID. The current model
retains the ambition of securing full time apprenti￿ShIpS from work placements however il may be that
for some students a further year of study is required before they progress into employment.
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The Revised FSC Model in Response to COVIO

Futurg Skills Collegg SCIO
Report of the Trustees Icontinuedl
What We Do Icontinuedl
For the first three years of FSC our'schooling component was led by two seconded schoolteachers in
a dedicated classroom facility within Dundee and Angus College, Gardyne Campus. This aspect of the
programme changed from May 2020 and FSC is now a fully integrated offering with all teaching being
undertaken by D&A College lecturers.
Students continue to access a broad curriculum beyond their employment focused studies with a strong
emphasis on progress in literacy, numeracy as well as health and wellbeing. COVID restrictions since
April 2020 have limited the opportunity for students lo take part in the wide range of activities that were
available under normal circumstsnces.
FSC students continue to follow specially designed pre-apprenliceship D&A College courses in their
chosen area of employment in early education, plumbing, joinery, and electrical trades. This gives them
a competitive advantage in their chosen professions when they enter the wodd of work. For much of the
last year this has been delivered remotely on a blended learning basis much to the frustration of students
and lecturers.
FSC students usually spend one day per week on work pla￿ment with what we hoped would be their
future employer. This important aspect of the course usually gives students the opportunity lo meet and
work directly with other staff, gel used to the expectations of employers and be ready lo start an
apprenticeship fully prepared at the end of the course. 11 has also given employers an opportunity lo
stsrt building their own young workfor￿, taking the hassle out of recruitment and supporting new
employees. Again this has not been possible since April 2020 due to COVID restrictions. Happily, this
important aspect of the Course has stsrted again for some of our fifth group of students from August
2021.
Our Achievements and Performance
FSC Year 4 2020121
As noted above FSC 4 was another difficult year for our students and staff as the COVID-19 pandemic
continued to impact negatively on the education sector and the wider economy.
Our current information suggests that of the 41 students of FSC 4 across the four areas of early
education and childcare,. plumbing,. joinery and electrical. the majority has opted lo continue their studies
at D&A College for now with the hope that more opportunities to start work as apprentices will become
available once businesses return to normality.
At this stage the numbers are not confirmed and continue to change bul our understanding as of 23
ALJgusl 2021 is that from FSC 4..
10 students have secured apprenticeships
1 student has moved lo other full-lime employment
27 have opted for further study at D&A College
1 student has decided lo return to school full-lime
2 students are still being supported to find a positive destination in employment or further study
'Thgt's the year done guys, it's been gmazing being on this course and we havg all achieved
so much and came so far I want lo thank all of my pgers and lecturers for all your support this
year and I hope everyone completes all their goals. I'll miss you all guys V,
FSC 4 Early Learning Student
Looking Ahead FSC 5- 2021122 and Beyond
FSC was estsblished to lest the hypothesis that there is an allernalive pathway from education into
employment for young people. Early evidence of demand from employers, schools, parenV¢arers and
students still appears to support this hypothesis. We had hoped that the next phase of development
would be lo explore scaling-up the model and had planned to expand our offering based on employer
demand for apprentices. Future employment areas might include ITldigilal skills, adult care, hospitality
and the business administration option again.

Futurg Skills Collggg SCIO
Report of the Trustees Icontinuedl
Looking Ahead FSC 5- 2021122 and Beyond Icontinuedl
However, the current circumstsnces have put these plans on hold for the moment and our focus has
been keeping the model alive in a sustainable way for now.
Having established the model the Trustees want lo ensure that FSC now finds a sustainable home. To
that end the October 2021 AGM will consider the option of winding-up the SCIO and transferring the
operation of FSC along with any remaining assets lo D&A College (also an OSCR registered charity
with educational purposes). This may happen as soon as December 2021, or be delayed until
December 2022 with the SCIO continuing lo operate for the duration of that year. The OSCR process
for winding up a charity will be followed.
Funding and Fundraising
Our main sources of funding have been through our main educational partners. The local authorities
provided the funding for two full-time teachers for the first three years of FSC, as well as access to
management support staff and education officers. For FSC 3 a full-lime senior support worker, Graham
Scott, was allocated lo FSC funded by the two local authorities and Northwood Charitable Trust. For
FSC 4 Graham continued in post with Annmarie Smith picking up the support role for students from
Angus Council schools. D&A College has funded lecturers, accommodation and other facilities for the
first three years of FSC. From FSC 4, session 2020121, D&A College provided all of the lecturing staff
covering the pre-apprenticeship aspect of the course as before but now also the literacy, numeracy and
wider aspects of the curriculum. This model of full integration into D&A College will provide FSC with a
sustainable home and the opportunity to scale up and broaden its scope into other areas of employment.
Northwood Charitable Trust funding of £50,000 per year over five years has been used lo provide
additional educab'onal opportunities such as Oulward-Bound residential courses. This funding has also
been used to purchase additional classroom reSoUr￿s, fund outside speakers and provide the
independent management of the project. Over the last two years this funding has been used lo purchase
Ihe student laptops that have enabled learning from home for all.
Reserves Policy
The Charity has no formal reserves policy but works on the basis of sufficient funding being in place to
cover any commilled expenditure each November ahead of the next cohort of students starting on the
programme in the following May.
Financial Reviow
Receipts on the unreslricled funds were £50,00012019- £61,000). Expenditure of £61,174 {2019-
£40,747) for the period resulting in a deficit of £11,17412019 - surplus of £20,253) for the period,
giving an accLJmulated surplus of £53,93012019- £65,104).
Approved by trustees on
28 September
2021 and signed of behalf by=
Chairman

Futurg Skills Collegg SCIO
Independent examiner's report to the Trustees
I report on the financial statements of the Charity for the year ended 31 December 2020 which are set
out on pages 7 to g.
This report is made lo the trustees, as a body, in accordance with the tenns of my engagement. My
work has iieen undertaken to enable me to report my opinion as set out below and for no other
purpose. To the fullest extent permitted by law I do not accept or assume responsibility lo anyone
other than the trustees, as a body, for my work or for this report.
Respectlve responslbllltles of the Examlner
The Charity's Trustees are responsible for preparation of the financial statements in accordance with
the tems of the Charities and Trustees Investments (Scollandl Act 2005 and the Charities Accounts
(Scotlandl Regulations 2006 las amended). The Charity's Trustees consider that the audit
requirement of the Regulation 1011 Ildl of the 2006 Accounts Regulations does not apply. 11 is my
responsibility lo examine the financial statements as required under section 4411 Ilcl of the Act lo slate
whether particular matters have come lo my allenlion.
Basls of Independent Examlner's Statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An
examination includes a review of the accounting records kept by the Charity and a comparison of the
financial statements presented with those records. It also includes considerations of any unusual
items or disclosures in the financial slalements, and seeks explanations from the Trustees concerning
any such mallers. The procedures undertaken do not provide all the evidence that would be required
in an audit, and conseqLJently I do not express an audit opinion on the view given by the financial
stalemenls.
Indfrpendgnt gxaminor's statement
In the course of my examination, no maller has come lo my allenlion..
Which gives me reasonable cause to believe that in material respect the requirements..
To keep accounting records in accordance with Seclion 4411 Ila} of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations
To prepare financial slalements with accord with the accounting records and Comply with
Regulation 9 of the 2006 Accounts Regulations
Have not been mel, or
To which, in my opinion, allenlion should be drawn in order lo enable a proper understsnding
of the financial slalements lo be reached.
Partner
For and on behalf of Henderson Loggie LLP
Chartered Accountants
The Vision Building
20 Greenmarket
Dundee
DD14QB
28 September 2021

Futurg Skills Collegg SCIO
Receipts and payments account for the year ended 31 December 2020
Unrestricted
Restricted
Total
2020
Receipt5
Donation - Northwood Charitsble Trust
50,000
50,000
Payments
Payments for charitable activities..
Consultancy fees
Hospitality
Student courses
Student health & safely
Classroom resources
Teaching support
Accountancy
Marketing
Bank charges
18.191
83
740
382
22,532
18.127
930
156
33
18.191
83
740
382
22.532
18.127
930
156
33
Total payments
61,174
61.174
Deflclt for the year
111.174)
(11.1741
Balance at 31 December 2019
65,104
65,104
Balance at 31 December 2020
53,930
53.930
Unrestricted
Restricted
Total
2019
Receipts
Donations Northwood Charitable Trust
Donations- Dundee Nine Trades
Donations- Balgay Childrens Society
55.000
55,000
3,000
3,000
3,000
3,000
55,000
6,000
61,000
Payments
Payments for charitable aclivilies..
Consultancy fees
Hospitslity
student courses
Student health & safely
Classroom resources
Teaching support
Accountancy
16,899
697
4,541
486
10,874
500
750
16,899
697
10,541
486
10,874
500
750
6,000
Total payments
34,747
6,000
40,747
Surplus for the year
20,253
20,253

Futurg Skills Collegg SCIO
Statement of balances as at 31 December 2020
Unre$tri¢ted
Restricted
2020 Total
2020
Bank and cash in hand
Opening balances
Deficit for the year
65,104
{11,1741
65.104
(11,1741
Closing balances
53,930
53.930
Funds
As at 31 December 2020
53,930
53,930
Liabilities
Consultancy fees
Accountancy
1.060
960
2,020
Unrestricted
Restricted
2019 Tol81
2019
Bank and cash in hand
Opening balances
Surplus for the year
44,851
20,253
44.851
20,253
Closing balances
65,104
65,104
Funds
As at 31 December 2019
65,104
65,104
Liabilities
Consultancy fees
Accountancy
2,682
775
3.457
Approved by the Trustees on
28 September
2021 and signed on their behalf by-.
Chairman

Futurg Skills Collegg SCIO
Notes to the financial statements
Related party transactions
No Trustee received expenses in either this year or the preceding year.
a trustee reeeived consultancy fees of £18,191 in the year12019 - £16,899)
and there was £1,060 outstanding at 31 December 202012019- £1,0871-