2020-12-31-accounts

		Page
Reference and administrative details ofthe Charity,	its Trustees and advisers
Trustees' report		2-8
Trustees' responsibilities statement
Independent auditors' report on the financial statements		10-13
Consolidated statement offinancial activities		14
Consolidated balance sheet		15
Charity balance sheet		16
Consolidated statement ofcash flows		17
Notes to the financial statements		18-36

Trustees			D M Antrobus
			G P Beevers
			R Leslie
			BWarrender	(appointed		16July	2020)
			D Wilson, Chairman
Company	registered
number			02728847
Charity registered
number			1012890
Registered		office	1-2 Mallard Way
			Pride Park
			Derby
			Derbys hire
			DE24 8GX
Chief executive officer			N Collishaw
Independent		auditors	Bates Weston	Audit Limited
			Statutory Auditor
			Chartered Accountants
			Canal Street
			Derby
			DE1 2RJ
Bankers			Bank of Scotland		pic
			20-22 Shandwick		Place
			Edinburgh
			EH2 4RN
Solicitors			Nelsons Solicitors		Limited
			Pennine House
			8 Stanford Street
			Notting ham
			Nottinghamshire
			NG1 7BQ
Investment		advisors	Investec Wealth 8 Management				Limited
			The Colmore	Building
			Colmore Circus
			Birmingham
			B46AT

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
	Note
Income from:
Donations and legacies		61,369	61,369
Other trading activities		820,278	820,278	1,086,489
Income from local listed investments		72,905	72,905	99,327
Other income		54,193	54,193	108,241
Total income		1,008,745	1,008,745	1,294,057
Expenditure on:
Raising funds	5,6	862,679	862,679	1,124,700
Charitable activities	7	445,400	445,400	529,150
Total expenditure		1,308,079	1,308,079	1,653,850
Net gains on investments	14	98,253	98,253	380,251
Net movement in funds		(201,081)	(201,081)	20,458
Reconciliation offunds:
Total funds brought forward		4,967,251	4,967,251	4,946,793
Net movement in funds		(201,081)	(201,081)	20,458
Tlfdidfd		4,766,170	4,766,170	4,967,251

				2020		2019
		Note		f.
Fixed assets
Intangible assets		12		28,655		17,567
Tangible assets		13		900,910		937,029
Investments		14		3,592,154		3,761,925
				4,521,719		4,716,521
Current assets
Debtors		15	212,902		296,266
Cash at bank and	in hand		216,694		166,642
			429,596		462,908
Creditors: amounts	falling due within one
year		16	(139,543)		(212,178)
Net current assets				290,053		250,730
Total assets less	current liabilities			4,811,772		4,967,251
Creditors: amounts	falling due after more
than one year		17		(45,602)
Total net assets				4,766,170		4,967,251
Charity funds
Unrestricted funds		18		4,766,170		4,967,251
Total funds				4,766,170		4,967,251

				2020		2019
		Note		f.
Fixed assets
Intangible assets		12		28,655		17,567
Tangible assets		13		900,909		936,671
Investments		14		3,592,254		3,762,025
				4,521,818		4,716,263
Current assets
Debtors		15	369,278		338,168
Cash at bank and	in hand		64,158		21,762
			433,436		359,930
Creditors: amounts	falling due within one
year		16	(58,482)		(80,746)
Net current assets				374,954		279,184
Total assets less	current liabilities			4,896,772		4,995,447
Total net assets				4,896,772		4,995,447
Charity funds
Unrestricted funds		18		4,896,772		4,995,447
Total funds				4,896,772		4,995,447

				2020	2019
Cash flows from operating activities
Net cash	used in operating activities			(269,027)	(19,003)
Cash flows from investing activities
Dividends, interests and rents from investments				72,905	99,327
Purchase	of intangible assets			(19,350)	(21,959)
Purchase	oftangible fixed assets			(2,500)	(5,097)
Proceeds	from sale of investments			274,372	316,278
Purchase	of investments			(6,348)	(483,239)
Net cash	provided by/(used in) investing		activities	319,079	(94,690)
Change	in cash and cash equivalents	in	the year	50,052	(113,693)
Cash and	cash equivalents at the beginning		ofthe year	166,642	280,335
Cash and cash equivalents at the end		of	the year	216,694	166,642

Unrestricted	Total	Total
funds	funds	funds
2020	2020	2019
61,369	61,369

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
Sales		820,278	820,278	1,086,489
Total	2019	1,086,489	1,086,489

	Unrestricted	Total	Total
	funds	funds	funds
	2020f	2020f	2019
Rental income	18,014	18,014	27,857
Service charges	28,002	28,002	29,309
Other income	3,677	3,677	22,075
Skills competition	4,500	4,500	29,000
	54,193	54,193	108,241
Total 2019	108,241	108,241

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
Cost ofsales		165,941	165,941	197,984
Administration	expenses	86,440	86,440	208,688
Staff costs		588,798	588,798	694,599
Depreciation		357	357	834
		841,536	841,536	1,102,105
Total 2019		1,102,105	1,102,105

			Unrestricted	Total	Total
			funds	funds	funds
			2020 f.	2020f	2019
Investment	management	fees	21,143	21,143	22,595
Total 2019			22,595	22,595

				Activities	Grant
				undertaken	funding of	Support	Total	Total
				directly	activities	costs	funds	funds
				2020	2020	2020	2020	2019
Support	and funding		of
plumbing,	heating	and gas
industries				2,216	7,883	435,301	445,400	529,150
Total 2019				28,082	31,721	469,347	529,150

			Total	Total
			funds	funds
			2020	2019
Staff costs			135,818	147,901
Depreciation			46,526	39,924
Other personnel		costs	3,374	25,123
IT and office	costs		110,106	98,368
Governance	costs		8,455	6,650
Utilities			20,781	23,028
Travel costs			15,990	31,568
Other admin	costs		21,282	39,782
Insurance			11,141	10,500
Professional	fees		5,060	17,472
Irrecoverable	VAT		7,308	29,031
AO Extraordinary		Activity	49,460
			435,301	469,347

Analysis	ofgrants
					2020	2019
The group has made		the following	grants	in the year:
Development grants						4,660
SNIPEF	Apprenticeship	competition				2,810
Plumbing	and heating	skills partnership			7,883	24,251
					7,883	31,721

Auditors' remuneration
			2020	2019
Fees payable to the Charity's	auditor for the audit ofthe Charity's	annual
accounts			6,850	6,500

Staff costs
				Group	Group	Charity	Charity
				2020	20'/9	2020	2019
Wages and	salaries			584,870	655,805	75,417	66,707
Social security costs				59,427	76,141	27,047	25,991
Contribution	to defined	contribution	pension
schemes				80,319	110,554	33,354	55,203
				724,616	842,500	135,818	147,901

		Group	Group
		2020	2019
		No.	No.
Certification		9	12
Awarding	organisation	6	5
Training		10	8
		25	25

Group	Group
2020	2019
No.	No.

se	rvices of D Wilson as in	dependent director and Chairman. The v	alue of payments was as foll	ows:
			2020	2019
D	Wilson	Fees	9,111

	Computer
	Softwaref
Cost
At 1 January 2020	21,959
Additions	19,350
At 31 December 2020	41,309
Amortisation
At 1 January 2020	4,392
Charge for the year	8,262
At 31 December 2020	12,654
Net book value
At 31 December 2020	28,655
At 31December 2019	17,567

Freehold	Office	Computer
property f	equipment f	equipmentf	Totalf
1,273,020	97,228	35,012	1,405,260
	2,500		2,500
1,273,020	99,728	35,012	1,407,760

Group (continued)
	Freehold	Office	Computer
	property f	equipment f	equipmentf	Totalf
Depreciation
At 1 January 2020	340,046	94,947	33,238	468,231
Charge for the year	34,832	2,175	1,612	38,619
At 31 December 2020	374,878	97,122	34,850	506,850
Net book value
At 31 December 2020	898,142	2,606	162	900,910
At 31December 2019	932,974	2,281	1,774	937,029
Charity
	Freehold	Office	Computer
	property f	equipment f	equipmentf	Totalf
Cost
At 1 January 2020	1,273,020	81,776	27,862	1,382,658
Additions		2,500		2,500
At 31 December 2020	1,273,020	84,276	27,862	1,385,158
Depreciation
At 1 January 2020	340,046	79,852	26,089	445,987
Charge for the year	34,832	1,818	1,612	38,262
At 31 December 2020	374,878	81,670	27,701	484,249
Net book value
At 31 December 2020	898,142	2,606	161	900,909
At 31December 2019	932,974	1,924	1,773	936,671

	Investments
	in
	subsidiary	Listed
Charity	companies	investmentsf	Totalf
Cost or valuation
At 1 January 2020	100	3,761,925	3,762,025
Additions		6,348	6,348
Disposals		(274,372)	(274,372)
Revaluations		98,253	98,253
At 31 December 2020	100	3,592,154	3,592,254

			Group	Group	Charity	Charity
			2020	20'/9	2020	2019
Due after	more than one year
Amounts	owed by group undertakings				250,000
					250,000
Due within one year
Trade debtors			138,322	166,309		6,305
Amounts	owed by group undertakings				61,987	279,849
Other debtors			43,459	37,265	33,073	8,095
Prepayments		and accrued income	31,121	92,692	24,218	43,919
			212,902	296,266	369,278	338,168

							Group	Group	Charity	Charity
							2020	2019	2020	2019
Bank loans							4,398
Trade creditors							56,194	97,883	27,564	28,612
Other taxation		and	social security				15,117	17,696	6,872	6,196
Other creditors							23,947	24,269	143	13,251
Accruals	and deferred			income			39,887	72,330	23,903	32,687
							139,543	212,178	58,482	80,746
									Group	Group
									and Charity	and Charity
									2020	2019
Deferred	income
Deferred	income at 1 January 2020								9,212	4,189
Resources deferred			during		the year				9,500	9,212
Amounts	released		from previous			periods			(9,212)	(4,189)
									9,500	9,2'l2

		Group	Group
		2020	2019f
Bank	loans	45,602

								Balance at
				Balance at 1				31
				January			Gains/	December
				2020	Income f	Expenditure	(Losses)	2020
Unrestricted funds
Designated funds
Freehold	Property	Fund		932,974		(34,832)		898,142
General	funds
General	Funds			4,034,277	1,008,745	(1,273,247)	98,253	3,868,028
Total Unrestricted			funds	4,967,251	1,008,745	(1,308,079)	98,253	4,766,170
Statement offunds			- prior year
								Balance at
				Balance at				31
				1January			Gains!	December
				2019	Income	Expenditure	(Losses)	2019
Unrestricted funds
Designated funds
Freehold	Property	Fund		965,842		(32,868)		932,974
General	funds
General	Funds			3,980,951	1,294,057	(1,620,982)	380,251	4,034,277
Total Unrestricted			funds	4,946,793	1,294,057	(1,653,850)	380,251	4,967,251

Summary	offunds - cur	rent year
						Balance at
		Balance at 1				31
		January			Gains/	December
		2020	Income f	Expenditure	(Losses)	2020
Designated	funds	932,974		(34,832)		898,142
General funds		4,034,277	1,008,745	(1,273,247)	98,253	3,868,028
		4,967,251	1,008,745	(1,308,079)	98,253	4,766,170

						Balance at
		Balance at				31
		1January			Gains/	December
		2019	Income	Expenditure	(Losses)	2019
Designated	funds	965,842		(32,868)		932,974
General funds		3,980,951	1,294,057	(1,620,982)	380,251	4,034,277
		4,946,793	1,294,057	(1,653,850)	380,251	4,967,251

Analysis	of n	et assets between funds - current period
			Unrestricted	Total
			funds	funds
			2020	2020
Tangible	fixed	assets	900,910	900,910
Intangible	fixed assets		28,655	28,655
Fixed asset investments			3,592,154	3,592,154
Current assets			429,596	429,596
Creditors	due	within one year	(139,543)	(139,543)
Creditors	due	in more than one year	(45,602)	(45,602)
Total			4,766,170	4,766,170

Analysis	of net assets between funds - prior period
		Unrestricted	Total
		funds	funds
		2019	2019
Tangible	fixed assets	937,029	937,029
Intangible	fixed assets	17,567	17,567
Fixed asset investments		3,761,925	3,761,925
Current assets		462,908	462,908
Creditors	due within one year	(212,178)	(212,178)
Tl		4,967,251	4,967,251

									Group	Group
									2020	2019
Net income/expenditure			for	the	period	(as per	Statement	of Financial
Activities)									(201,081)	20,458
Adjustments	for:
Depreciation	charges								38,619	36,365
Amortisation	charges								8,262	4,392
(Gains) / losses on investments									(98,253)	60,468
Dividends, interests		and	rents	from	investments				(72,905)	(99,327)
Movement in	debtors								83,363	(27,771)
Movement in	creditors								(27,032)	(13,588)
Net cash used in operating				activities					(269,027)	(19,003)

payments	und	er non-cancellable operating lease	s as follows:
			Group	Group	Charity	Charity
			2020	2019	2020	2019
Amounts	payable:
Not later than		1 year	51,647	62,361	36,361	36,689
Later than	1 year and not later than 5years		27,722	66,664	22,402	46,058
			79,369	129,025	58,763	82,747

The financial	results	ofthe subsidiary	for the year were:
Name			Income	Expenditure	Loss for the	Net
					year	liabilities
BPEC Certification		Limited	859,130	(961,536)	(102,406)	(130,501)