The directors present their annual report and financial statements for the year ended 31 March 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Vision:
A Scotland where all young people dare to dream.
Mission:
We empower young people through our unique, inclusive and structured self-led growth programme, enabling them to develop the increased skills and confidence they need to make positive and lasting life choices.
Objectives:
We have recognised we are on a journey to remain as we are now – a robust well governed organisation, while at the same time we need to improve our resilience and adaptability in a changing world, as we deliver leading edge youth work practice.
The principal objects of the company are:
To promote the welfare and to advance the education and skills of (i) disabled people and (ii) people whose employment prospects are impaired by the lack of education and/or training (hereafter referred to as “educationally disadvantaged”) in Scotland by whatever means may be deemed appropriate including, without prejudice to the foregoing generality, the promotion, establishment and maintenance of one or more centre for the benefit, education, advancement and general welfare of disabled or educationally disadvantaged people in Scotland;
to promote and encourage the provision of more adequate public facilities for disabled people and to advance the education and awareness of the public in Tayside for the needs of disabled and/or educationally disadvantaged people; and
to promote, encourage and assist in research into ways of improving and furthering the welfare, education and skills of disabled or educationally disadvantaged people generally.
To achieve this, Helm delivers a range of services, details of which are included in this report.
The focus for the on-going work of Helm continued to be providing lifeskills, education, training, employment and housing opportunities for young people who were identified as being in need of something more tailored than mainstream services. We have continued to deliver to young people from across Dundee and Angus, and this year extended our support to North East Fife through funding from Inspiring Scotland.
The ‘real life’ environment that young people experience was delivered in our garage; trades unit; allotment; based throughout Dundee, alongside our catering kitchen; gym; hair and beauty salon; group work facility at St Andrew’s Lane.
Pathways, funded by Dundee City Council, supporting young people in their last year of statutory education to gain core skills and vocational qualifications, came to an end in March 2022. The impact of the loss of funding was seen in our All in Dundee, employment provision, with referrals from schools for 15 yrs olds who had disengaged from school and would previously have been supported by Pathways. We are hopeful with a realisation, nationally, of the impact of the pandemic on young people and their education, that similar funding will be made available again in Dundee.
Our Employability Fund programmes, funded by Skills Development Scotland, supporting young people 16 years and above to gain qualifications and enter employment came to an end in March 2022. Dundee City Council commissioned for an alternative service, and we were successful in our application as part of the wider ‘All in Dundee’ Young Person’s Employment Support consortium. As the largest provider in the consortium, our tailored approach to learning gave the young people the support they required to obtain SQA qualifications, maintain work experience and transition to college or employment.
Our short vocational courses, funded through Angus Council, gave opportunities to young people to gain basic level qualifications in trade, cosmetology and mechanics.
Following feedback from stakeholders across North East Fife, of the dearth of employability support for young people, we were successful with an application to Inspiring Scotland to carry out a feasibility study with our partners Families First and Friends of Craigtoun. The study focused on the feasibility of using Craigtoun Country Park as an employability training environment for young people in the area. We gained desktop research, feedback from multiple stakeholders and ran a pilot project with 7 young people between January and March 2023. The results from the study were positive and showed a need in the area and the success of the park as an environment conducive to learning. The partnership is seeking funding to run a longer term project in 2023.
In response to the impact of the pandemic on young people we delivered art therapy in one to one and group sessions. This complimented our employment support, supporting young people with anxiety, depression and other mental health difficulties to engage in our programmes.
Hame, our youth led housing project continued to be an asset to the community in Dundee, in particular to young people with an experience of care. The project recognises the impact of an unstable family and housing situation on young people being able to maintain education and employment and supported young people to feel safe and secure in their ‘hame’ and to progress college and work.
2022-23 continued to be a year of significant change for Helm. Throughout the year Covid – 19 brought varying levels of restrictions, which impacted on both young people and the organisation. The Management Team and Board of Directors all worked together to ensure the organisation reacted quickly and safely to the changes that the different strains of the virus brought.
Where it was safe to do so, front line staff continued to come into our buildings. Working in bubbles, when required, staff ensured that 168 young people were supported both when they were on site and at home. We sourced funding for additional laptops and increased our Wi-Fi strength and coverage to ensure we were using our building as flexibly as possible.
For another year of the pandemic, our employer partners have been exceptionally supportive, offering 133 placements and additional apprenticeships and jobs to young people from across Dundee.
Working closely with our partners, Hillcrest Housing Association, we were delighted to house the first two young people in our Hame project. Following numerous building delays, due to the pandemic and Brexit, it was a momentous occasion when the first young people moved into their own ‘hames’ and started to receive support from the team.
The Board of Directors would like to thank the entire staff team, for their resilience and hard work during another difficult year.
Despite the year being another one of uncertainty and change the staff team and young people achieved incredible successes. Summarised below are some of our proudest overall achievements. These should not detract from the individual achievements of all the young people who were supported by Helm throughout the year.
121 young people attended Helm
105 SQA accredited qualifications awarded
36 qualifications were achieved across our learning centres
Young people engaged in 55 work placements
Young people engaged in 15 workplace guest speaker sessions
26 young people attended the Trades Unit
18 young people attended Helm Autocare, our commercial garage
24 young people attended Lavish Lounge, our beauty salon
Young people carried out 11 beauty sessions in care homes across Dundee and 2 pamper days with CJ Lang
32 young people moved on to positive destinations
398 breakfasts, and 193 lunches were provided, helping to combat the cost of living crisis and ensuring young people did not struggle due to hunger
45 hygiene kits, and 12 self-harm kits were given to the most vulnerable young people
Art therapy ran 57 one to one sessions, 56 group sessions and 154 drop in sessions
During a 10 week art therapy block in Angus young people told us:
60% were feeling more optimistic about the future
60% were more interested in other people (feeling sociable)
40% had been dealing with their problems better
60% felt more confident
Our Fundraising Team’s performance this year has been outstanding. In another year of extreme uncertainty, the team successfully secured £582,938 (2022 - £658,789), which was a fantastic achievement.
The company has historically relied on three main sources of income – contracted income from Skills Development Scotland to support the Employability Fund training programme in Dundee, Dundee City Council to support the Pathways Programme and various donations and fund raising to support its other activities. In 2021-22 Angus Council funded places for young people, across Pathways and our vocational courses.
This year saw our two main statutory sources of income come to an end. Dundee City Council ended the funding of alternative education for young people and young people’s employability support was moved from Skills Development Scotland to Dundee City Council to commission. Although we were successful in commissioning, there was a gap in funding between March and July 2022 resulting in potential redundancies across the team. The Board of Directors took the decision to use reserves to pay for salaries during that time, to stop redundancies taking place.
The Hame project’s goal of housing 12 young people was delayed during 2020-22 due to Hillcrest Housing Association’s building schedule being impacted by the pandemic and Brexit. This had an impact on funding, as grants and trusts looked to support higher numbers of young people. The Board of Directors took the decision to underwrite the funding required for the project, in the event that the Fundraising Team were unable to secure the full funding for the year. In 2022-23 Perth and Kinross Council funded an asylum seeking young person to be housed in one the ‘Hame’ tenancies and look to continue this relationship into 2023-24.
The Board of Directors took the decision to release £150,299 (2022 - £9,422) from a designated 10 year property maintenance fund to ensure that unrestricted reserves were increased to enable the spend if required. This year a deficit of £287,260 (2022 - surplus of £35,449) was made, due to a gap of 3.5 months of employability funding and inability to secure funding for ‘Hame’.
The directors have established a policy whereby the unrestricted funds not designated, committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be in the region of 3 months of total resources expended being £280,437 (2022- £249,666). At this level, the directors feel that they would be able to continue the current activities of the charity in the event of a significant drop in funding. As a prudent approach in the current climate with potential risks and challenges, the directors have agreed over time to move towards a 4-month reserve.
The free reserves, amounting to £100,868 (2022 - £148,768) fall short of achieving this target level. The restricted reserve held at the year end total £389,124 (2022 - £474,532). The directors are aware of this and are actively seeking ways to improve the position and continue to keep this under review in the current challenging economic climate.
Risk management
The directors has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
The Board have identified the following as major risk areas:
Strategic
Compliance
Reputational
Quality
Operational safety
Communications
Scope
Staffing and volunteers
Partnerships
Board
Resources
We have reviewed each risk area within our strategic plan and prioritise and resource work in line with risks assessed.
Under the Memorandum and Articles of Association, the company has the power to invest in any way the directors wish. The directors, having regard to the liquidity requirement of the company, and the reserves policy, have created a policy of keeping available funds in interest bearing deposit accounts.
Helm Training Limited is a company limited by guarantee and a registered charity governed by its Memorandum and Articles of Association. Company No SC099885, Scottish Charity No SC008580.
The directors who served during the year and up to the date of signature of the financial statements were:
Appointment of directors
We will continue to take a ‘pro-active’ approach of advertising for suitable candidates in order to broaden the skills base of the Board. In 2023-24 we aim to recruit a director with lived experience.
Key management personnel remuneration
The directors consider the board of directors and the management personnel of the charity, in charge of the directing and controlling the charity on a day to day basis. All directors give their time freely and no director remuneration or expenses were paid on the year.
Directors are required to disclose all relevant interests and register them with the Board in accordance with the charity’s policy and withdraw from decisions where conflicts of interest arises.
The pay of the management team is reviewed annually.
Director induction and training
New directors undertake a comprehensive induction to the organisation. This includes identifying their particular skills and interests. Directors continue to take regular formal and informal internal and external opportunities to develop their knowledge base and update their skills.
Organisation
The directors are responsible for setting the strategic direction of the company and ensuring that proper accounting records are maintained to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Directors are also responsible for ensuring that the company has an active, effective approach to managing Health & Safety risks.
The day-to-day management and operation of the company is the responsibility of senior management team.
The directors, who also act as trustees for the charitable activities of Helm Training Limited, is responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the directors is required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The directors is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable it to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006. It is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Directors.
Opinion
We have audited the financial statements of Helm Training Limited (the ‘charity’) for the year ended 31 March 2023 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
We have nothing to report in respect of the following matters in relation to which the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:
the information given in the financial statements is inconsistent in any material respect with the trustees' report; or
proper accounting records have not been kept; or
the financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.
As explained more fully in the statement of trustees' responsibilities, the directors is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors is responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
Irregularities, including fraud, are instance of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud and non compliance with laws and regulations is detailed below.
The audit team has the appropriate skills and expertise required and through discussions with management and trustees and knowledge of the sector to ensure any non compliance is recognised and all necessary disclosures are made. The controls in place help the charity mitigate the risk of fraud and also aids them in highlighting any instances of fraud that might have occurred.
We assess the susceptibility of the charity's financial statements to material misstatement including obtaining an understanding of how fraud and non compliance with laws and regulations may occur.
Making enquiries of management & directors about any known or suspected instances of non compliance with laws and regulations, including GDPR, health and safety, licencing laws, employment law and fraud.
Enquires of management & trustees as to where they consider there is a susceptibility to fraud and their knowledge of how actual, suspected and alleged fraud might occur.
Challenging assumptions and judgements made by management in their significant accounting estimates.
Review of any correspondence with regulators including OSCR & HMRC.
Auditing the risk of management override controls, including through testing of journal entries and other judgments for appropriateness.
Review of any areas where there is potential of management bias, large & unusual transactions and the risk of undisclosed related parties.
Performed analytical procedures to identify any unusual transactions.
Because of the field in which the client operates we identified the following areas as those most likely to have a material impact on the financial statements;
Direct Impact on Financial Statements
The Charities Accounts (Scotland) regulations 2006
SORP - FRS 102
Charities & Trustee Investment (Scotland) Act 2005
Companies Act 2006
Indirect Impact on Financial Statements
GDPR
Employment Laws
Health & Safety at Work Act
Charities Constitution
Food Safety Act 1990 & General Food Law Regulations
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
We communicate with those charged with governance, trustees regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charity’s trustees, as a body, in accordance with regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Findlays is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
designated
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
designated
Helm Training Limited is a private company limited by guarantee incorporated in Scotland. The registered office is The Sea Captains House, 48 St Andrews Lane, Dundee, DD1 2EY.
On the winding up of the company every member has undertaken to contribute to the assets of the company for the payment of the debts and liabilities and of the cost of winding up of the company, such amount as may be required, not exceeding one pound. If the winding up occurs within one year of a member ceasing to be a member then the above applies for debts and liabilities of the company contracted for before they ceased to be a member.
The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the directors has a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Unrestricted funds are expendable at the discretion of the Board in furtherance of the objects of Helm Training Limited. The Board has designated an element of the unrestricted funds for future capital expenditure.
A transfer is made from unrestricted funds to restricted funds to compensate fully all restricted funds which would otherwise be in deficit at the accounting date.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Government grants in respect of capital expenditure are reflected in full on receipt and worked as a restricted fund which reduce over time with deprecation.
Government and other grants towards revenue expenditure are credited to the income and expenditure in the year to which they relate.
Expenditure is included in the financial statements on an accruals basis.
Cost of raising funds are those incurred in attracting voluntary income and those incurred in trading activities that raise funds.
Charitable activities include expenditure associated with running the learning centres, and include the direct costs, governance costs and support costs relating to these activities.
Certain expenditure is directly attributable to specific activities ad has been included in those cost categories. Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on the basis of an estimate of size of activity within the company's whole operation.
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
Additions to fixed assets are capitalised subject to a de-minimus level of £500.
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Rentals are charged to the income and expenditure account on a straight-line basis over the period of the lease.
In the application of the charity’s accounting policies, the directors is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Fixed assets are depreciated over their estimated useful lives. Useful lives of asset are reviewed annually taking into consideration of assets physical condition.
Accruals are assessed to estimate costs that are expected to be incurred for services provided by other parties. The Trustees estimate accruals based on post year end information and information available from detailed budgets. Accruals are released when there is a reasonable expectation that costs will not be invoiced in the future.
Dundee Pathways
Skills Development Scotland/Dundee City Council
Angus Council
DWP Kick Start
CAF
Life Changes Trust
Spick & Spanners
Student allowances and expenses
Teaching equipment
Rent, rates and insurance
Heating and lighting
Cleaning and sundries
Repairs and servicing
Bank interest and charges
Training costs
Telephone
Office stationary & computer supplies
Recruitment
Legal and professional fees
Sundries
Office costs
Governance costs includes payments to the auditors of £12,240 (2022- £10,806) for audit fees.
The average monthly number of employees during the year was:
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £15,873 (2022 - £13,861).
Purpose of Funds
Employability
Funding received to support the Employability Fund training programme in Dundee.
Pathways
Funding received from Dundee City Council to support the Pathways Programme in Dundee.
Helm Autocare
Funding received to support the Spick and Spanners garage enterprise.
Excursions
Funding received from Awards for All to support external excursions for participants.
Lavish Lounge
Funding from a number of sources received to support the beauty project.
Breakfast Club
Funding from a number of sources received to support the breakfast club.
Hame Housing
Funding from a number of sources received to provide independent living and employment opportunities to care experienced individuals.
Practical Skills
Funding received from a number of sources to support the implementation of the Practical Skills unit.
Mental Health
Funding received from a number of sources to support the implementation of the Mental Health support and art therapy.
Social Enterprise
Funding received from Social Enterprise to support salary costs.
Purpose of fund
The designated capital fund has been carved out of the unrestricted reserves to represent a 10 year rolling programme of capital expenditure. It is envisaged that the fund will be used on an annual basis and then a transfer made out of designated reserves to bring the fund back to the amount required for the following 10 year programme.
The auditor's report was unqualified.
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
At 31 March 2023 the charity had £nil (2022 - £15,386) capital commitments.
The remuneration of key management personnel is as follows.
During the year the charity entered into the following transactions with related parties:
Name of related party:
Families First, St Andrews
Nature of Relationship:
One common trustee (Alison Cartwright)
Transaction:
During the year, Helm Training Limited paid £1,806 (2022 - £nil) to Families First for services carried out at arms length under normal market conditions.
The charity had no debt during the year.