2020-08-31-accounts

Report and financ	ial statement	s for th	e year ended 31August	2020
Contents				Page
Officers and professional	advisers
Group trustees' report				2-3
Trustees' responsibilities	statement
Independent examiner's	report
consolidated statement	offinancial activities
Balance sheets
Statement ofcash Rows	and consolidated	statement	ofcash Rows
Notes to the financial statements				10-21

Summary Income and Ex	penditure A	ccount
			Unrestdcted
			fund	2020	2019
		Note	f	f	f
Incoming resources
incoming resources from generated	funds
Activities for generating funds
Income generated by subsidianes			890,733	890,/33	971,700
Investment Income
Other investment income			362	362	31
Incoming resources from charitable	activities
Project and other income		4	17,667	17,667	65,521
Total incoming resources			908,762	908,762	1,037,252
Resources expended
Costs ofgenerating funds
Costs incurred by subsidianes		6	872,639	872,639	872,842
Costs ofcharitable activities
Direct costs			13,570	13,570	51,304
Supportcosts			42,938	42,938	43,182
Governance costs			2,400	2,400	13,000
Total resources expended			931,547	931,547	980,328
Nat (outgoing) / incoming resources			(22,785)	(22,785)	56,924
Total funds brought forward at 1September			271,555	271,555	214,631
Total funds carded forward		15	248,770	248,770	271,555

As at 31	Augus	t 202	0
							Group	Charity
						zuzu	2019	zuzv	ZU19
					Note	E	E	F.	E
Fixed assets
Intangible assets					9	88,913	110,789
Tangible assets					10	20,538	9,356
Investments					11
Current assets
Debtors					12	70,560	98,162	145,566	246,255
Prepayments	and accrued income					10,573	13,723	2,852
Cash at bank	and in	hand				172,175	144,826	82,510	37,741
Total current	assets					253,308	256,711	230,928	283,996
Creditors: amounts		falling due within one
year					13	(45,578)	(64,440)	(5,487)	(4,640)
Net current	assets					207,730	192,271	225,441	279,356
Total assets	less current liabilities					317,181	312,416	Z25,442	279,357
Accruals and	deferred income				14	(68,411)	(40,861)	(1,370)	(10,339)
Net assets						248,770	271,555	224,072	269,018
Funds
Unrestricted						248,770	276,214	224,072	269,018
Unrestricted	deficit	retained	within	non-
charitable	subsidiaries						(4,659)
Total funds					15	248,770	271,555	224,072	269,018

Forthe year e	nded	3	1	Aug	ust	202	0
									Group		Charity
								ZOZO	2019	ZOZO		ZO19
							Note		f	f		f
Cash generated from/(used			in) operating
activities							20	57,568	115,807	44,744		(5,111)
Cash flows from Investing		acdvltles
Interest income								362	31	25
Purchase ofintangible assets								(12,747)	(55,342)
Purchase oftangible	fixed assets							(17,834)	(3,899)
Cash provided by (used in) investing					activities			(30,219)	(59,210)	25
Increase/(decrease)	in cash anrl			cash
equivalents in the	year							27,349	56,597	44,769		(5,103)
Cash and cash equivalents		at	the beginning			of
the year								144,826	88,229	37,741		42,844
Total cash and cash	equivalents			at the end		of
the year							21	172,175	144,826	82,510		37,741

	subsidiaries.	The summary		financia	l performance ofthe charity	is detailed below.
						2020	2019
						E	E
	Income					17,667	65,521
	Donation from subsidiary			companies		12,919	96,175
	Investment	income				25	8
						30,611	161,704
	Expenditure	on charitable		activites		(13,570)	(51,304)
	Grant paid to subsidiary Support costs		company			(10,000) (49,587)	(49,182)
	Governance	costs				(2,400)	(13,000)
						(75,557)	(115,486)
	Net income					(44,946)	48,218
	Fund balances brought forward					269,018	220,801
	Fund balances carried forward					774,072	269,018
	Represented	by:
	Unrestrictad	incnma funds				224,072	269,018
4.	Project and	other income
						2020	2019
						E	E
	project and	other income:
	NVQ's, courses and examination				fees	17,667	65,521
	No grants received in the			year (2019:nil).
5.	Investment	income
						2020	2019
						6	6
	Bank interest received					362	31

Total resource	s expende	d
						Charitable	activities
								Costs of
						Direct	Support	generating	Governance
						costs	costs	funds	costs	Total	Total
						2020	2020	2020	2020	2020	2019
						6	6	6	6	6	6
Project expenditure						13,570		201,239		214,809	281,199
Staff costs and expenses							12,143	482,634		494,777	426,382
Training and development								2,9SS		2,988	18,186
Premises and	office costs						1,438	55,897		57,335	65,531
Travelling and	motor expenses						4,349	35,292		39,641	63,784
Audit fees											13,000
Independent	examiner's		fees						2,400	2,400
ACCOuntanCy	and professional
fees							1.289	19,871		21,160	31,015
Depreciation	and amortisation							41,275		41,275	34,106
Bank charges							1,129	121		1,250	2,057
Insurance							981	981		1,962	2,715
Advertising and exhibitions							16,512	14,325		30,837	25,833
Computer cxpcnscs							4,732	9,1SS		13,921	5,865
Other costs							365	8,827		9,192	10,655
						13.570	42,938	872,639	2400	931,547	980,328
Net incoming	resources	for the			year
Is stated after	charging:								2020	2019
									6	6
Fees payable to the		charity's				independent	examiner	for the
independent	examination			ofthe		accounts (2019:auditor)			2,400	13,000
Fees payable to the		charity's				independent	examiner	for tax
advisory services									1,200	1,200
Fees payable	to the charity's				independent		examiner	for other
financial services									6,344	11,220
Depreciation	oftangible		assets						6,652	3,616
Amortisation	ofintangible			assets					34,623	30,490

Staffcosts
				2020	2019
				E	f
Gross wages and salaries				421,398	364,084
Other staff	costs			2,978	2,986
Employer's	national	insurance		35,377	30,444
Pension costs				35,024	28,868
				494,777	426,382
The average	monthly	number ofemployees	during the year was as follows:
				2020	2019
				No.	No.
Administration				13	11

amounted		to over E60,000 in the year was as follow	s:
			2020	2019
			No.	No.
E60,001	-	670,000		1
E70,001	-	E80,000	1

ntangible assets
	Group	Charity
	development	development
	Costs	costsf
Cost
At 1September 2019	166,411
Additions	12,747
At31August 2020	179,158
Depreciation
At 1September 2019	55,622
Charge forthe year	34,623
At31August 2020	90,245
Net book value
At31August 2020	88,913
At 31August 2019	110,789

10.	Tangible assets
				Group	Charity
				fixtures,	fixtures,
				fittlngs and	fittings and
				equipment	equipment
				6	6
	Cost
	At15eptember		2019	22,315	5,999
	Additions			17,834
	At31August	2020		40,149	5,999
	Depreciation
	At 1September		2019	12,959	5,999
	Chargeforthe		year	6,652
	At31August	2020		19,611	5,999
	Net book value
	At31August	2020		20,53$
	At31August	2019		9,356
11.	Fixed asset investments
					Sharesin
					group under
					takings
					6
	Cost
	At 1September		2019
	At31August	2020
	Net book value
	At31August	2020
	At31August	2019

12.	Debtors
					Group		Charity
					2020	2019	2020	2019
					E	f	E.	f
	Trade debtors				68,515	96,117	2.150	4,590
	Amounts	owed by	subsidiary	undertakings			143,416	241,665
	Other debtors				2,045	2,045
					70,560	98,162	145,566	246,255
13.	Creditors.	Amounts	falling due	within one year
					Group		Charity
					2020	2019	2020	2019
					f		E	f
	Trade creditors				32,539	31,302	4,780	3,841
	Taxation	and social	security costs		10,919	9,574	706	798
	Other creditors				2,120	23,564	1	1
					45,578	64,440	5,487	4,640
14.	Accruals and deferred income
					Group		Charity
					2020	2019	2020	2019
					f	6	f	f
	Accruals and deferred income				68,411	40,861	1,370	10,339

from en	d point a	ssessments which had not been performe	d by the bala	nce sheet date.
				Group	Charity
Balance	as at 1September 2019			20,160
Amount	released	to income from activities for generating	funds	(20,160)
Amount	deferred	in year		54,061
Balance	as at 31	August 2020		54,061

Analysis ofmovements	In unrestricted funds
					At 31
	At 1				August
	September	Income	Expenditure	Transfers	2020
	2019	4	6	6	E
Unrestricted	271,555	908,762	(931,547)		248,770
Tota I funds	271,555	908,762	(931,547)		248,770

Analysis of movement	in unrestricted funds —pr	evious year
					At31
	At 1				August
	September 2018	Incomef	Expenditure 6	Transfers 8	2019 f
Unrestricted	214631	1037252	(980328)		271,555
Total funds	233,971	1,037,252	(980,328)		271,555

to the ch	arity	. A summary ofthe results of	the subsidiaries is shown below.	the subsidiaries is shown below.
			institute ofMeat		FDQ Limited
			2020	2019	2020	2019
			E	E	E	F.
Turnover	and	costs contribution	66,067	58,883	791,535	918,817
Cost ofsales			(17,148)	(4,790)	(184,D91)	(225,105)
			48,919	54,093	607,444	693,712
Government		grants received			39,781
Administrative		expenses	(34,436)	(45,583)	(635,815)	(597,364)
Interest receivable			292		45	23
Charitable	donation		(9,159)		(3,760)	(96,175)
Net profit			5,616	8,510	7,695	196
Tax
Net profit	after tax		5,616	8,510	7,695	196
Members'	surplus/(deficit)		957	(4,659)	14,891	7,196

Reconciliation o	fnet	movements in funds to	net cash flow from o	perating activ	ities
			Group		Charity
			2020	2019	2020	2019
			E	E	E
Surplus/(Deficit)	before taxation		(22,785)	56,924	(44,947)	48,218
Depreciation charges			41,276	34,106
Interest income			(362)	(31)	(25)	(8)
			10,129	90,999	(44,972)	48,210
Decrease/(increase)		in trade and other
debtors			30,752	(6,094)	97,637	(54,502)
(Decrease)/increase		in trade snd other
creditors			8,687	30,902	(8,121)	1,261
Cash generated	from	operations	57,568	115,807	44,744	(5,111)

.	Cash and cash equivalents
		Group		Charity
Year	ended 31August 2020	31/08/2020	01/09/2019	31/08/2020	01/09/2019
		E	E	E	E
Cash	and cash equivalents	172,175	144,826	82,510	37,741
		Group		Charity
Year	ended 31August 2019	31/08/2019	01/09/2018	31/08/2019	01/09/2018
			f	E	E
Cash	and cash equivalents	144,826	88,229	37,741	42,844