## ## |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|