| Index. | |||
|---|---|---|---|
| Company information |
|||
| Chair's Report |
|||
| Trustees' Annual Report. |
|||
| Independent Auditor's |
Report to the Members | of Lantra. | 18 |
| Group Statement of Financial Activities. |
23 | ||
| Balance Sheet. | 25 | ||
| Group Cash Flow Statement | 26 | ||
| Principal Accounting | Policies | 27 | |
| Notes to the Financial | Statements. |
| Company | Registration | Registration | Registration | Number: | 02823181 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Charity Registration | Number: | 1022991 | |||||||
| Scottish Charity | Number: | SC039039 | |||||||
| Registered | office: | Lantra House | |||||||
| Stoneleigh Park |
|||||||||
| Coventry | |||||||||
| CV8 2LG | |||||||||
| Trustees: | Heather Peck (Chair) | ||||||||
| William Lyle Andrew |
|||||||||
| Sarah Batten | |||||||||
| Richard Clarke | |||||||||
| Jane Craigie | |||||||||
| Henry Graham (Retired 30/06/2022) |
|||||||||
| Charles John Henning | OBE | ||||||||
| Dr Geoff Mackey | |||||||||
| Martin Redfearn | |||||||||
| Peter Rees | |||||||||
| Dr Mary Thomson | (Appointed | 1/07/2021) | |||||||
| Prof David Roberts (Appointed | 1/07/2021) | ||||||||
| Chief Executive | and | Senior Staff". | Marcus Potter (Chief Executive | Officer) | |||||
| Robert Tabor (Commercial | Director) | ||||||||
| David Cooke (Operations | Director) | ||||||||
| Rachel Campbell | (Human | Resources | |||||||
| Director) |
| Group statement o |
ffina | ncial a |
ctivities | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| 31 INarch | 31 March | 31 March | 31 March | |||
| 2022 | 2022 | 2022 | 2021 | |||
| INCOME AND ENDOWMENTS | ||||||
| FROIN: | Note | |||||
| Income from Donations | 8 | |||||
| legacies | 19,289 | 19,289 | 601,585 | |||
| Invest.ments | 222 | 222 | 1,054 | |||
| Charitable activities |
||||||
| - Awarding and Learning |
6,182,532 | 5,595 | 6,188,127 | 3,650,221 | ||
| —Grants and other | ||||||
| Government contracts |
4,418,081 | 4,418,081 | 3,151,543 | |||
| —Other services provided | 286,171 | 286,171 | 278,898 | |||
| Total group income | 10,906,295 | 5,595 | 10,911,890 | 7,683,301 | ||
| EXPENDITURE ON: | ||||||
| Charitable activities |
9,818,880 | 1,496 | 9,820,376 | 7,454,929 | ||
| Total resources expended | 9,818,880 | 1,496 | 9,820,376 | 7,454,929 | ||
| Net gains on investments | 12 | 77694 | 77694 | 208 625 | ||
| Net Income/(expenditure) | 1,165,109 | 4,099 | 1,169,208 | 436,997 | ||
| Transfer between funds |
10000 | 10000 | ||||
| Net movement in funds |
1,155,109 | 14,099 | 1,169,208 | 436,997 | ||
| Total funds brought forward |
3,648,287 | 6,665 | 3,654,952 | 3,217,955 | ||
| Total funds carried forward | 15 | 4,803,396 | 20,764 | 4,824,160 | 3,654,952 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Funds for | Funds for | |||
| YiE 31 March | Y/E 31 March | 31 March | ||
| 2021 | 2021 | 2021 | ||
| INCOME AND | ||||
| ENDOWMENTS FROM: |
Note | |||
| Income from Donations 8 |
||||
| Legacies | 601,585 | 601,585 | ||
| Investments | 1,054 | 1,054 | ||
| Charitable activities |
||||
| —Awarding and Learning |
3,650,221 | 3,650,221 | ||
| - Grants and other | ||||
| Government contracts |
3,151,543 | 3,151,543 | ||
| - Other services provided | 278,898 | 278„898 | ||
| Total group income | 7,683,301 | 7,683,301 | ||
| EXPENDITURE ON: | ||||
| Charitable activities |
7,454,529 | 400 | 7,454,929 | |
| Total resources expended | 7,454,529 | 400 | 7,454,929 | |
| Net gains on investments | 15 | 208,625 | 208,625 | |
| Net movement in funds |
437,397 | (400) | 436,997 | |
| Total funds brought forward |
3,210,890 | 7,065 | 3,217,955 | |
| Total funds carried forward | 15 | 3,648,287 | 6,665 | 3,654,952 |
| Group | Company | Company | |||||
|---|---|---|---|---|---|---|---|
| 31 March | 31 March | 31 March | 3'I March | ||||
| 2022 | 2021 | 2022 | 2021 | ||||
| Fixed assets | Note | ||||||
| Tangible fixed assets |
11 | 469,899 | 478,757 | 469,899 | 478,757 | ||
| Investments | 12 | 2,303,058 | 1,225,364 | 2,303,160 | 1,225,466 | ||
| 2,772,957 | 1,704„121 | 2,773,059 | 1,704,223 | ||||
| Current assets | |||||||
| Debtors | 13 | 3,693,963 | 2,396,705 | 3,693,963 | 2,396,106 | ||
| Cash at bank | and | in hand | 22 | 1,906,506 | 2,827,258 | 1,902,926 | 2,826,631 |
| 5,600,469 | 5,223,963 | 5,596,889 | 5,222,737 | ||||
| Creditors: amounts | falling | ||||||
| due within one year | 14 | (3,549,266) | (3,273,132) | (3,562,108) | (3,311,280) | ||
| Net current | assets | 2„051,203 | 1,950,831 | 2,034,781 | 1,911,457 | ||
| Net assets | 4,824,160 | 3,654,952 | 4,807,840 | 3,615,680 | |||
| Income funds | |||||||
| Unrestricted | funds | 15 | 4,803,396 | 3,648,287 | 4,787,076 | 3,609,015 | |
| Restricted funds |
16 | 20,764 | 6,665 | 20,764 | 6,665 | ||
| 4,824,160 | 3,654,952 | 4,807,840 | 3,615,680 |
| Group | Group | Company | Company | ||||
|---|---|---|---|---|---|---|---|
| 31 March | 31 March | 31 March | 31 March | ||||
| 2022 | 2021 | 2022 | 2021 | ||||
| Note | F | ||||||
| Net cash provided by (used operating activities |
by) | 20 | 210,245 | 1,477,447 | 205,434 | 1,475,864 | |
| Cash flows from investing | |||||||
| activities | |||||||
| Interest received | 1 | 222 | 1,054 | 2,080 | 2,675 | ||
| Purchase of fixed asset |
|||||||
| investments Purchase of fixed assets |
12 11 |
(1,000,000) 131,219 |
131,291 | (1,000,000) 131,219 |
131,291 | ||
| (1,130,997) | (130,237) | (1,129„139) | (128,616) | ||||
| Change in cash and cash |
|||||||
| equivalents in |
the reporting | ||||||
| period | (920,752) | 1,347,210 | (923,705) | 1,347,248 | |||
| Cash and cash | equivalents | at | |||||
| the beginning | ofthe year | 2,827,258 | 1,480,048 | 2,826,631 | 1,479,383 | ||
| Cash and cash | equivalents | at | |||||
| the end ofthe | year | 1,906,506 | 2,827,258 | 1 902,926 | 2,826,631 |
| ess estimated residual value of all tangible fixe lives. The rates generally applicable are: |
d assets |
|---|---|
| Long leasehold premises |
4% |
| Training and office equipment and computers |
20% |
| Telephony equipment and computers Office furniture |
33% 20% |
| Software and website development | 33% |
| 1. | Investment | Investment | income | |||
|---|---|---|---|---|---|---|
| 31 March | 31 March | |||||
| 2022 | 2021 | |||||
| Unrestricted | Unrestricted | |||||
| E | ||||||
| Interest receivable | 222 | 1,054 | ||||
| 2. | Analysis | of | grants | and other Government | contracts | |
| 31 March | 31 March | |||||
| 2022 | 2021 | |||||
| Unrestricted | Unrestricted | |||||
| Other | Government | contracts | 4,310,731 | 3„052,693 | ||
| Other | Skills Development | Scotland contracts | 107,350 | 98,850 | ||
| 4,418,081 | 3,151,543 | |||||
| 3. | Donations | &legacies | ||||
| 31 March | 31 March | |||||
| 2022 | 2021 | |||||
| Unrestricted | Unrestricted | |||||
| E | ||||||
| Other | grants | 19,289 | 601,585 | |||
| 19,289 | 601,585 |
| 31 March | 31 March | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| Unrestricted | Unrestricted | |||||||||
| E | ||||||||||
| Sale of Animal | Care workbooks | |||||||||
| Apprenticeship | certification | 51,021 | 42,207 | |||||||
| Room | hire | 3,548 | 2,040 | |||||||
| Skills | Manager | sales | 213,817 | 223,485 | ||||||
| Consultancy | 17,546 | 10,487 | ||||||||
| Other | 239 | 679 | ||||||||
| 286,171 | 278,898 | |||||||||
| 5. | Analysis | oftotal resources | expended | |||||||
| Direct | Support | 31 March | 31 March | |||||||
| costs | Staff costs | costs | 2022 | 2021 | ||||||
| E | E | |||||||||
| Charitable | Activities: | |||||||||
| Awarding | and | Learning | 1,842,727 | 2,184,608 | 441,606 | 4,468,941 | 3,726,341 | |||
| Grants and |
Contracts | 2,813,136 | 1,153,413 | 242,154 | 4,208,703 | 3,475,642 | ||||
| Other | services | provided | 6,652 | 1,001,854 | 134,226 | 1,142,732 | 252,946 | |||
| Total | 4,662,515 | 4,339,875 | 817,986 | 9,820,376 | 7,454,929 |
| 6. Support Cost |
s | ||||||
|---|---|---|---|---|---|---|---|
| Awarding & Learning |
G & rants Contracts |
Other services provided |
31 March 2022 |
31 March 2021 |
|||
| Support Costs | F | ||||||
| Repairs & Maintenance |
41,800 | 22,921 | 12,535 | 77,256 | 31,131 | ||
| Depreciation | 75,790 | 41,559 | 22,728 | 140,077 | 148,274 | ||
| IT &Telephone | 115,756 | 63,474 | 34,713 | 213,943 | 154,807 | ||
| Rent & Rates | 53,588 | 29,385 | 16,070 | 99,043 | 96,905 | ||
| General office |
148,452 | 81,404 | 44,517 | 274,373 | 191,908 | ||
| Governance costs |
(see below) | 6,220 | 3,411 | 3,663 | 13,294 | 32,560 | |
| Total | 441,606 | 242,154 | 134,226 | 817,986 | 655,585 | ||
| Awarding 8 Learning |
Grants & Contracts |
Other services provided |
31 March 2022 |
31 March 2021 |
|||
| Governance Costs |
F | ||||||
| Audit &Account Prep. fees | 6,547 | 3,590 | 3,713 | 13,850 | 12,800 | ||
| Bad debts | (14,468) | (7,933) | (4,339) | (26,740) | (3,759) | ||
| Meetings & Board costs Other Professional Fees |
1,116 13,025 |
612 7,142 |
335 3,954 |
2,063 24,121 |
23,519 | ||
| Total Governance | Costs | 6,220 | 3,411 | 3,663 | 13,294 | 32,560 | |
| Costs are allocated | based on the staff allocated | to each activity. |
| The average number of persons (including executiv year was: |
e directors) employ |
ed during the |
|---|---|---|
| 2022 | 2021 | |
| By activity | Number | Number |
| Government Contracts |
37 | 40 |
| Awarding and Learning |
68 | 61 |
| Central Services | 20 | 20 |
| Total | 125 | 121 |
| 31 March | 31 March | |
| 2022 | 2021 | |
| Staff costs (for the above persons) | ||
| Salaries and wages | 3,684,357 | 3,418,440 |
| Social security costs | 359,887 | 311,336 |
| Pension costs | 155,858 | 144,444 |
| Restructuring costs |
||
| 4 200,102 | 3,874,220 | |
| Travel/Subsistence and other staff related costs |
240,013 | 169,197 |
| Value of Benefit in Kind | (100,240) | (99,240) |
| Total per Note 5 | 4,339,875 | 3,944,177 |
| 31 March | 31 March |
|---|---|
| 2022 | 2021 |
| Number | Number |
| Net incom | ing resources for t |
he year is stated a | fter charging: | |
|---|---|---|---|---|
| 31 March | 31 March | |||
| 2022f | 2021 E |
|||
| Depreciation —owned assets | 140,077 | 169,009 | ||
| Auditor's | remuneration for: |
|||
| fees | payable to auditor for | |||
| audit | of Lantra's annual |
accounts | 12,100 | 11,500 |
| fee payable to auditor for | ||||
| review of subsidiary accounts |
750 | 500 | ||
| Corporation tax |
1,000 | 800 | ||
| other | services | |||
| Operating | lease rentals | |||
| plant | and machinery | 109,240 | 132,566 | |
| land | and buildings | 83,441 | 80,590 |
| 11. Tangible fixed a |
ssets | ||||
|---|---|---|---|---|---|
| Software | |||||
| and | |||||
| Long | website | ||||
| leasehold | Office | develop- | Office | ||
| Group &Company | premises | equipment | ment | furniture | Total |
| E | |||||
| Cost | |||||
| At 1 April 2021 | 510,465 | 186,959 | 353,671 | 1,788 | 1,052,883 |
| Additions | 48,299 | 82,920 | 131,219 | ||
| Disposals | |||||
| At 31 March 2022 | 510,465 | 235,258 | 436,591 | 1,788 | 1,184,102 |
| Depreciation | |||||
| At 1 April 2021 | 285,511 | 117,327 | 169,980 | 1,308 | 574,126 |
| Charge for the year | 20,180 | 52,188 | 67,469 | 240 | 140,077 |
| Disposals | |||||
| At 31 March 2022 | 305,691 | 169,515 | 237,449 | 1,548 | 714,203 |
| Net book value | |||||
| At 31 March 2022 | 204,774 | 65,743 | 199,142 | 240 | 469,899 |
| Net book value | |||||
| At 31 March 2021 | 224,954 | 69,632 | 183,691 | 480 | 478,757 |
| Group | Total return | 31 March | ||
|---|---|---|---|---|
| fund | 2022 | |||
| F | E | |||
| Value at 1 April 2021 | 1,225,364 | 1,225,364 | ||
| Additions | 1,000,000 | 1,000,000 | ||
| Unrealised | gain | 77,694 | 77,694 | |
| Value at 31 March 2022 | 2,303,058 | 2,303,058 | ||
| Company | Total return | 31 March | ||
| Shares in | fund | 2022 | ||
| subsidiaries | ||||
| Value at 1 | April 2021 | 102 | 1,225,364 | 1,225,466 |
| Additions | 1,000,000 | 1,000,000 | ||
| Unrealised | gain | 77,694 | 77,694 | |
| Value at 31 March 2022 | 102 | 2,303,058 | 2,303,160 |
| Assets | Liabilities | Funds | |||
|---|---|---|---|---|---|
| Upskill | UK Limited | 18,169 | (158,293) | (140,124) | |
| Lantra | Awards | Limited | 2 | 2 |
| 14. Creditors |
: amoun | ts falling due withi |
n one year | ||
|---|---|---|---|---|---|
| Group | Company | ||||
| 31 March | 31 March | 31 March | 31 March | ||
| 2022 | 2021 | 2022 | 2021 | ||
| f | E | ||||
| Trade creditors | 496,886 | 322,629 | 511,478 | 362,077 | |
| Other creditors | 586 | 967 | 586 | 967 | |
| Other taxation | and | ||||
| social security | 279,893 | 384,145 | 279,893 | 384, 145 | |
| Accruals | 280,859 | 340,616 | 279,109 | 339,316 | |
| Deferred income | 2,491,042 | 2,224,775 | 2,491,042 | 2,224,775 | |
| 3,549,266 | 3,273,132 | 3,562,108 | 3,311,280 |
| Group 8 Company E |
||||
|---|---|---|---|---|
| Balance | as at 31 | March 2021 | 2,224,775 | |
| Amount | released | to incoming | resources | (175,801) |
| Amount | deferred | in year | 442,068 | |
| Balance | as at 31 | March 2022 | 2,491,042 |
| Opening | Net | loss on | Closing | ||||
|---|---|---|---|---|---|---|---|
| Balance | investments | Balance | |||||
| Group | 01/04/2021 | Income | Expenditure / Transfers |
31/03/2022 | |||
| P | |||||||
| Restricted | funds | 6,665 | 5,595 | (1,496) | 10,000 | 20,764 | |
| Unrestricted Designated |
funds fund |
3,638,287 10,000 |
10,906,295 | (9,818,880) | 77,694 t', ~ |
4,803,396 0 |
|
| Total funds | 3,654,952 | 10,911,890 | (9,820,376) | 77,694 | 4,824,160 | ||
| Opening | Net | loss on | Closing | ||||
| Balance | investments | Balance | |||||
| Company Restricted Unrestricted Designated Total funds |
funds funds fund |
01/04/2021f 6,665 3,599,015 10,000 3,615,680 |
10,948,238 Income 5,595 10,942,643 |
10,000 77,694 10,000 77,694 (9,833,772) Expenditure ITransfers F (1,496) (9,832,276) I) |
31/03/2022 20,764 4,787,076 4,807,840 |
||
| The above | information | has also been | provided for the prior year below. |
||||
| Opening | Net | loss on | Closing | ||||
| Balance | investments | Balance | |||||
| Group | 01/04/2020 E |
Income | Expenditure ITransfers f |
31I03/2021f | |||
| Restricted | funds | 7,065 | (400) | 6,665 | |||
| Unrestricted | funds | 3,210,890 | 7,683,301 | (7,454,529) | 198,625 | 3,638,287 | |
| Designated | fund | 10,000 | 10,000 | ||||
| Total funds | 3,217,955 | 7,683,301 | (7,454,929) | 208,625 | 3,654,952 | ||
| Opening | Net | loss on | Closing | ||||
| Balance | investments | Balance | |||||
| Company | 01/04/2020 | Income | Expenditure ITransfers |
31/03/2021 | |||
| Restricted | funds | 7,065 | (400) | 6,665 | |||
| Unrestricted | funds | 3,180,751 | 7,704,299 | (7,484,660) | 198,625 | 3,599,015 | |
| Designated | fund | 10,000 | 10,000 | ||||
| Total funds | 3,187,816 | 7,704,299 | (7,485,060) | 208,625 | 3,615,680 |
| 16. Restricted |
funds | |||||
|---|---|---|---|---|---|---|
| Opening | Transfer | Closing | ||||
| Balance | between | Balance | ||||
| Group and company | 01/04/2021 | Income f |
Expenditure F |
funds | 31/03/2022 | |
| Frank Parkinson | Trust | 1,200 | (400) | 800 | ||
| Animal Care Lead Body | 4,385 | 4,388 | ||||
| R2 | 1,080 | 1,080 | ||||
| Instructor Levy |
5,592 | 1,096 | 10,000 | 14,496 | ||
| 6,665 | 5,595 | (1,496) | 10,000 | 20,764 |
| The ab | ove inform | ation has a |
lso been provided f |
or prior year | below. | |
|---|---|---|---|---|---|---|
| Opening | Closing | |||||
| Balance | Balance | |||||
| Group | and company | 01/04/2020 | Income | Expenditure | 31/03/2021 | |
| Frank | Parkinson | Trust | 1,600 | (400) | 1,200 | |
| Animal | Care Lead Body | 4,385 | 4,385 | |||
| R2 | 1,080 | 1,080 | ||||
| 7,065 | (400) | 6,665 |
| operating acti |
vi | ties | ||||
|---|---|---|---|---|---|---|
| Group | Company | |||||
| 2022 | 2021 | 2022 | 2021 | |||
| E | E | |||||
| Net movement in funds for the |
||||||
| period | 1,169,208 | 436,997 | 1,192,160 | 427,864 | ||
| Investment Gains |
(77,694) | (208,625) | (77,694) | (208,625) | ||
| Interest receivable | (222) | (1,054) | (2,080) | (2,675) | ||
| Depreciation charge |
140,077 | 169,009 | 140,077 | 169,009 | ||
| Loss on sale offixed | assets | 6,457 | 6,457 | |||
| Increase in debtors |
(1,297,258) | 155,148 | (1,297,857) | 155,747 | ||
| (Decrease) / Increase |
in creditors | 276,134 | 919,515 | 250,828 | 928,087 | |
| Net cash provided | by (used in) | |||||
| operating activities |
210,245 | 1,477,447 | 205,434 | 1,475,864 |
| Group | Group | Company | Company | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||||||
| F | E | |||||||||
| Cash | at | bank | and | in | hand | 1,906,506 | 2,827,258 | 1,902,926 | 2,826,631 | |
| Company | ||||||||||
| At | start of | Cashflows | At end of | |||||||
| year | year | |||||||||
| 2,826,631 | (923,705) | 1,902,926 | ||||||||
| Group | ||||||||||
| At | start of | Cashflows | At end of | |||||||
| year | year | |||||||||
| F | E | |||||||||
| 2,827,258 | (920,752) | 1,906,506 |
| cancellable operating leases as |
follows: | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Land and | Land and | |||
| buildings | Other | buildings | Other | |
| F | E | E | ||
| Leases falling due: | ||||
| Within one year | 74,077 | 65,001 | 84,910 | 83,220 |
| Between two and five years | 286,307 | 39,339 | 286,307 | 75,688 |
| Over 5 years | 4,278,470 | - | 4,344,546 | |
| 4,638,854 | 104,340 | 4,715,763 | 158,908 |
| Group | Group | Company | Company | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||||
| E | |||||||||
| Financial | assets measured | at fair | |||||||
| value through profit |
or loss | 1,906,506 | 2,827,258 | 1,902,926 | 2,826,631 | ||||
| Financial | assets that | are debt | |||||||
| instruments measured |
at | ||||||||
| amortised | cost | 3,470,297 | 2,199,268 | 3,470,297 | 2, | 198,669 | |||
| 5,376,802 | 5,026,526 | 5,373,223 | 5,025,300 | ||||||
| Financial | liabilities | that are | debt | ||||||
| instruments measured |
at | ||||||||
| amortised | cost | 1,058,224 | 1,046,536 | 1,071,066 | 1,044,788 |