REGISTERED COMPANY NUMBER: 02656905 (England and Wales)

REGISTERED CHARITY NUMBER: 1091767

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED

31 MARCH 2018

FOR

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 March 2018

Page

Report of the Trustees

1 to 3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6 to 7

Notes to the Financial Statements

8 to 12

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

REPORT OF THE TRUSTEES

For The Year Ended 31 March 2018

OBJECTIVES OF THE CHARITY, PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK

The charity is constituted as a company limited by guarantee, and is therefore governed by a

Memorandum and Articles of Association.

The charity's objectives and its principal activity continue to be to advance the education and

address the needs of adults with learning disabilities, primarily but not exclusively through the

provision of:

1. Alternative based education and training

2. A comprehensive student-centred service working to enable students to make informed choices

about their lives by encouraging them to take an active part in their own community for their own

and the community's benefit

3. A service that not only addressed a shortfall in post 19 education provision locally for the

beneficiaries, but which links with a variety of community agencies and resources

4. A secure, well-established service for the future

All activities are undertaken to further our charitable purposes for the public benefit.

In 2018, we undertook a review of our provision, including delivery style and best use of resources.

This resulted in the offer of voluntary redundancy being available to some staff.

ACE continues its commitment to quality improvement of all aspects of our programmes, which

includes working closely with ASDAN (Award Scheme Development and Accreditation Network) to

ensure students at ACE achieve national educational standard.

PAYMENTS

Payment is received from the individual Personalisation Budget of each student with a very small

number of students paying through a Direct Payment method.

STUDENTS

The organisation continues to offer the Towards Independence and Employability courses

accredited by ASDAN and this is still proving to be very successful with learners achieving awards in

a range of modules.

As a registered centre, ACE undergoes rigorous Centre Approval scrutiny by the awarding body.

ACE supports students who seek employment, voluntary placements or work experience through

one-to-one support and through links with a range of organisations in the private, public and

voluntary sector.

STAFF

All staff and volunteers have enhanced DBS.

ACE continues to encourage staff and volunteers in their personal development and is very proud

to hold the Investors in People award.

VOLUNTEERS and WORK BASED EXPERIENCE

ACE offers places for volunteers and they are important members of the ACE team and are

included in all relevant training programmes. We value our links with local and regional

educational establishments as well as with other local charities who seek to place volunteers and

find work experience for students.

NETWORKS AND PARTNERSHIPS

ACE continues to establish positive relationships with organisations throughout the borough and

nationally, including:

Wigan Borough Community Partnership

Wigan Day Services Forum.

Boroughwide Community Network

Wigan Learning Disability Partnership Board

British Institute for Learning Disabilities (BILD)

National Institute for Adult Continuing Education (NIACE)

Care Quality Commission (CQC)

Skills for Care

ASDAN

ICO Register of data controllers

ACE maintains a website and both Twitter and Facebook accounts.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited

company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02656905 (England and Wales)

Registered Charity number

1091767

Registered office

Queens Hall

Market Street

Wigan

Lancashire

WN1 1HX

Trustees

A Jolley

Mrs D J Gent

Mrs R E Jolley

Mrs O Halliwell

Independent examiner

Mr Steven Hodson

ACCA

ADC Accountants Limited

Chartered Cert. Accountants

15 Market Street

Standish

Wigan

Lancashire

WN6 0HW

Approved by order of the board of trustees on 18 December 2018 and signed on its behalf by:

A Jolley - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

Independent examiner's report to the trustees of Ace Adult Community Education (Wigan) Limited

('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2018.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2.

the accounts do not accord with those records; or

3.

the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached

Mr Steven Hodson

ACCA

ADC Accountants Limited

Chartered Cert. Accountants

15 Market Street

Standish

Wigan

Lancashire

WN6 0HW

Date: .............................................

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

For The Year Ended 31 March 2018

31.3.18

31.3.17

Unrestricted funds

Total funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

269

769

Other trading activities

2

155,214

177,330

Investment income

3

56

132

Total

155,539

178,231

EXPENDITURE ON

Charitable activities

Direct Charitable Expenditure

188,710

181,796

Other

1,140

2,538

Total

189,850

184,334

NET INCOME/(EXPENDITURE)

(34,311

)

(6,103

)

RECONCILIATION OF FUNDS

Total funds brought forward

168,458

174,561

TOTAL FUNDS CARRIED FORWARD

134,147

168,458

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

BALANCE SHEET

At 31 March 2018

31.3.18

31.3.17

Unrestricted funds

Total funds

Notes

£

£

FIXED ASSETS

Tangible assets

8

7,997

9,996

CURRENT ASSETS

Debtors

9

22,275

21,262

Cash at bank and in hand

106,632

140,678

128,907

161,940

CREDITORS

Amounts falling due within one year

10

(2,757

)

(3,478

)

NET CURRENT ASSETS

126,150

158,462

TOTAL ASSETS LESS CURRENT LIABILITIES

134,147

168,458

NET ASSETS

134,147

168,458

FUNDS

12

Unrestricted funds

134,147

168,458

TOTAL FUNDS

134,147

168,458

The charitable company is entitled to exemption from audit under

Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the

year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)

ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the

special provisions of Part 15 of the Companies Act 2006 relating to

charitable small companies.

The financial statements were approved by the Board of Trustees on 18 December 2018 and were signed on its behalf by:

A Jolley -Trustee

Mrs R E Jolley -Trustee

ACE ADULT COMMUNITY EDUCATION (WIGAN)

LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 March 2018

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under

FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2015)', Financial Reporting

Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'

and the Companies Act 2006. The financial statements have been prepared under the

historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has

entitlement to the funds, it is probable that the income will be received and the amount can

be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation

committing the charity to that expenditure, it 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 to the category. Where costs cannot be directly

attributed to particular headings they have been allocated to activities on a basis consistent

with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its

estimated useful life.

Fixtures and fittings

- 20% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the

discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the

charity. Restrictions arise when specified by the donor or when funds are raised for particular

restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the

financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions

payable to the charitable company's pension scheme are charged to the Statement of

Financial Activities in the period to which they relate.

2.	OTHER TRADING ACTIVITIES

31.3.18

31.3.17

£

£

Local Authority Grants

153,500

175,528

Fee Students

1,714

1,802

155,214

177,330

3.	INVESTMENT INCOME

31.3.18

31.3.17

£

£

Deposit account interest

56

132

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.18

31.3.17

£

£

Depreciation - owned assets

1,999

2,499

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2018 nor

for the year ended 31 March 2017.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2018 nor for the year

ended 31 March 2017.

6.	STAFF COSTS

31.3.18

31.3.17

£

£

Wages and salaries

124,746

128,605

Social security costs

17,986

3,146

Other pension costs

5,988

6,600

148,720

138,351

The average monthly number of employees during the year was as follows:

31.3.18

31.3.17

-

-

No employees received emoluments in excess of £60,000.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

769

Other trading activities

177,330

Investment income

132

Total

178,231

EXPENDITURE ON

Charitable activities

Direct Charitable Expenditure

181,796

Other

2,538

Total

184,334

NET INCOME/(EXPENDITURE)

(6,103

)

RECONCILIATION OF FUNDS

Total funds brought forward

174,561

TOTAL FUNDS CARRIED FORWARD

168,458

8.	TANGIBLE FIXED ASSETS

Improvements to property

Fixtures and fittings

Totals

£

£

£

COST

At 1 April 2017 and 31 March 2018

999

93,147

94,146

DEPRECIATION

At 1 April 2017

913

83,237

84,150

Charge for year

17

1,982

1,999

At 31 March 2018

930

85,219

86,149

NET BOOK VALUE

At 31 March 2018

69

7,928

7,997

At 31 March 2017

86

9,910

9,996

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

12,300

13,200

Other debtors

9,975

7,461

Prepayments

-

601

22,275

21,262

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts (see note 11)

6

-

Other creditors

1,611

-

Accrued expenses

1,140

3,478

2,757

3,478

11.

LOANS

An analysis of the maturity of loans is given below:

31.3.18

31.3.17

£

£

Amounts falling due within one year on demand:

Bank overdraft

6

-

12.	MOVEMENT IN FUNDS

At 1.4.17

Net movement in funds

At 31.3.18

£

£

£

Unrestricted funds

General fund

168,458

(34,311

)

134,147

TOTAL FUNDS

168,458

(34,311

)

134,147

Net movement in funds, included in the above are as follows:

Incoming resources

Resources expended

Movement in funds

£

£

£

Unrestricted funds

General fund

155,539

(189,850

)

(34,311

)

TOTAL FUNDS

155,539

(189,850

)

(34,311

)

Comparatives for movement in funds

At 1.4.16

Net movement in funds

At 31.3.17

£

£

£

Unrestricted Funds

General fund

174,561

(6,103

)

168,458

TOTAL FUNDS

174,561

(6,103

)

168,458

Comparative net movement in funds, included in the above are as follows:

Incoming resources

Resources expended

Movement in funds

£

£

£

Unrestricted funds

General fund

178,231

(184,334

)

(6,103

)

TOTAL FUNDS

178,231

(184,334

)

(6,103

)

13.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2018.