##
##
|||||||Page|
|---|---|---|---|---|---|---|
|Reference and administrative
details||||ofthe Company,|its Trustees and advisers||
|Trustees' report (Incorporating||strategic and director's|||report)|2-9|
|Independent|auditors'
report on|the|financial statements|||10-13|
|Consolidated|statement
offinancial||activities|||14|
|Consolidated|income and expenditure|||account|||
|Consolidated|balance sheet|||||16 - 17|
|Company
balance sheet||||||18 - 19|
|Consolidated|statement
ofcash|flows||||20|
|Company
statement
ofcash flows|||||||
|Notes to the|financial statements|||||22-44|
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|The Group|'s|greenh|ouse
gas|emissions
and energy consumption
fo|r the year are|r the year are|given|below:|
|---|---|---|---|---|---|---|---|---|
||||||Kwh
t602e||Kwh|tcoge|
|UK Greenhouse|gas|emissions|and energy use|data for the penod 1tune 2021to31fday 2022|2022
2022||2021|2021|
|Electnmty|||||57,392|11|51,980||
|Gas|||||129,395|24|188,854|38|
|Total|||||186,787|35|240,834|49|
|Average number|of|employees|||31|31|31|31|
|Per employee|||||6,025|1|7,769||
|Energy consumption||frgures taken from energy||bills and converted to metric tonne s of602e using relevant|UK conversion|fa«tora.|||
##
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##
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
|||Note|2022
f|2022
8|2021
5|
|Income from:||||||
|Donations
and legacies|||67,567|67,567|604,007|
|Charitable
activities|||2,180,792|2,180,792|1,120,637|
|Other trading
activities|||197,181|197,181|73,442|
|Other income|||245|245|73|
|Total income|||2,445,785|2,445,785|1,798,159|
|Expenditure
on:||||||
|Raising funds|||202,103|202,103|47,769|
|Charitable
activities|||1,892,451|1,892,451|1,707,380|
|Total expenditure|||2,094,554|2,094,554|1,755,149|
|Net income|||351,231|351,231|43,010|
|Transfers
between|funds|22|||2,332|
|Net movement
in|funds||351,231|351,231|45,342|
|Reconciliation
of|funds:|||||
|Total funds brought|forward||1,176,680|1,176,680|1,131,338|
|Net movement
in funds|||351,231|351,231|45,342|
|TOTaITunds
carried forward|||1,527,911|1,527,911|1,176,680|
##
##
||||Total funds|Tofal funds|
|---|---|---|---|---|
||||2022
f|2021f|
|Gross income|in the reporting|period|2,445,785|1,798,159|
|,Less: Total expenditure|||(2,094,554)|(1,755,149)|
|Net income for|the reporting|period|351,231|43,010|
|The notes on pages 22 to 44 form part ofthese financial statements.|||||
##
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||14||520,191||504,238|
||||||520,191||504,238|
|Current assets||||||||
|Stocks|||16|140,204||89,000||
|Debtors|||17|163,494||167,401||
|Cash at bank and|in hand|||1,015,350||839,701||
|||||1,319,048||1,096,102||
|Creditors: amounts|falling due within one|||||||
|year|||18|(144,662)||(196,685)||
|Net current assets|||||1,174,386||899,417|
|Total assets less|current liabilities||||1,694,577||1,403,655|
|Creditors: amounts|falling due after more|||||||
|than one year|||19||(166,666)||(208,333)|
|Deferred Income|||21||||(18,642)|
|Net assets excluding||pension asset|||1,527,911||1,176,680|
|Total net assets|||||1,527,911||1,176,680|
|Charity funds||||||||
|Unrestricted
funds|||22||1,527,911||1,176,680|
|Total funds|||||1,527,911||1,176,680|
##
|||||COMPANY|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|---|
|||||AS AT|31 MAY 2022||||
|||||||2022||2021|
|||||Note||||5|
|Fixed assets|||||||||
|Tangible assets||||14||519,191||502,238|
|Investments||||15||106||106|
|||||||519,297||502,344|
|Current assets|||||||||
|Stocks||||16|140,204||89,000||
|Debtors||||17|163,195||109,982||
|Cash at bank and|in hand||||1,015,350||838,492||
||||||1,318,749||1,037,474||
|Creditors: amounts|falling||due within one||||||
|year||||18|(143,469)||(136,163)||
|Net current assets||||||1,175,280||901,311|
|Total assets less|current||liabilities|||1,694,577||1,403,655|
|Creditors: amounts|falling||due after more||||||
|than one year||||19||(166,666)||(208,333)|
|Deferred
Income||||21||||(18,642)|
|Net assets excluding||pension asset||||1,527,911||1,176,680|
|Total net assets||||||1,527,911||1,176,680|
|Charity funds|||||||||
|Unrestricted
funds||||22||1,527,911||1,176,680|
|Total funds||||||1,527,911||1,176,680|
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash used
in operating|activities||||252,413|280,569|
|Cash flows from investing||activities|||||
|Purchase
oftangible
fixed assets|||||(35,764)||
|Net cash (used in)/provided||by investing||activities|(35,764)||
|Cash flows from financing||activities|||||
|Cash inflowe from new borrowing||||||250,000|
|Repayments
of borrowing|||||(41,667)||
|Net cash (used in)/provided||by financing||activities|(41;667)|250,000|
|Change
in cash and cash||equivalents|in|the year|174,982|530,569|
|Cash and cash equivalents||at the beginning||ofthe year|839,701|309,132|
|Bank Overdraft|||||667||
|Cash and cash equivalents||at the end|of|the year|1,015,350|839,701|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6||
|Cash flows from operating||activities|||||
|Net cash used
in operating||activities|||254,289|280,721|
|Cash flows from investing||activities|||||
|Purchase oftangible assets|||||(35,764)||
|Net cash (used in)/provided||by investing||activities|(35,764)||
|Cash flows from financing||activities|||||
|Cash inflowe from new borrowing||||||250,000|
|Repayments
of borrowing|||||(41,667)||
|Net cash (used in)/provided||by financing||activities|(41,667)|250,000|
|Change
in cash and cash||equivalents|in-the year||176,858|530,721|
|Cash and cash equivalents|at the beginning|||ofthe year|838,492|307,771|
|Cash and cash equivalents||at the end|of|the year|1,015,350|838,492|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2022|2022|
||||||||6|
||Grants|||||62,892|62,892|
||Similar|incoming|resources|||4,675|4,675|
|||||||67,567|67,567|
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2021|2021|
|||||||6|6|
||Grants|||||599,174|599,174|
||Similar|incoming|resources|||4,833|4,833|
|||||||604,007|604,007|
|4.|Income|from charitable||activities||||
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2022|2022|
||||||||F|
||Income|from charitable||activities||2,180,792|2,180,792|
||||||Restricted|Unrestricled|Total|
||||||funds|funds|funds|
||||||2021|2021|2021|
||||||E|6||
||Income|from charitable||activities|9,295|1,111,342|1,120,637|
##
##
##
||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022
f|2022
f|
||Sales|from subsidiary||undertakings|197,181|197,181|
||||||Unreslrl cted|Total|
||||||funds|funds|
||||||2021f|2021|
||Sales|from subsidiary||undertakings|73,442|73,442|
|6.|Other|incoming|resources||||
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|Interest|received|245|245|
|||Unrestricted|Total|
|||funds|funds|
|||2021
f|2021|
|Interest|received|73|73|
##
##
##
|Unrestricted|Total|
|---|---|
|funds|funds|
|2022|2022|
||6|
|5,172|5,172|
|||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2021
E|2021f|
|Costs|of|raising|voluntary|income|1|(900)|(900)|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|||6|8|
|Cost of sales||194,593|194,593|
|Administration|expenses|1,338|1,338|
|Administration|depreciation|1,000|1,000|
|||196,931|196,931|
##
##
|||Unrestricied|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021f|
|Cost ofsales||47,512|47,512|
|Administration|expenses|157|157|
|Administration|depreciation|1,000|1,000|
|||48,669|48,669|
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2022|
|||||f||
|Direct costs||||257,917|257,917|
|Wages &Salaries||||990,986|990,986|
|Costs of Courses||||114,626|114,626|
|Postage &Carriage||||81,076|81,076|
|Repairs & Maintenance||||225,808|225,808|
|Advertising|&|Marketing||93,906|93,906|
|Bank Charges||||46,385|46,385|
|Insurances||||52,195|52,195|
|Depreciation||& Contract|Hire Charges|29,552|29,552|
|||||1,892,451|1,892,451|
##
##
##
|Summary
by|fund type|(continued)||||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||5|5|5|
|Direct costs|||9,295|139,507|148,802|
|Wages & Salaries||||1,061,642|1,061,642|
|Costs ofCourses||||72,776|72,776|
|Postage 8 Carriage||||41,471|41,471|
|Repairs 8 Maintenance||||217,926|217,926|
|Advertising
8|Marketing|||58,890|58,890|
|Bank Charges||||19,331|19,331|
|Insurances||||54,993|54,993|
|Depreciation|& Contract|Hire Charges||31,549|31,549|
||||9,295|1,698,085|1,707,380|
|Analysis ofexpenditure||by activities||||
||||Support|Total|
|---|---|---|---|---|
||||costs|funds|
||||2022
f|2022|
|Direct costs|||257,917|257,917|
|Wages 8 Salaries|||990,986|990,986|
|Costs of Courses|||114,626|114,626|
|Postage & Carriage|||81,076|81,076|
|Repairs
& Maintenance|||225,808|225,808|
|Advertising
&|Marketing||93,906|93,906|
|Bank Charges|||46,385|46,385|
|Insurances|||52,195|52,195|
|Depreciation|&Contract|Hire Charges|29,552|29,552|
||||1,892,451|1,892,451|
##
##
##
|9.|Analysis of expenditur|e
by a|cti|vities|(c|ontinued)||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Support|Total|
|||||||||costs|funds|
|||||||||2021f|2021f|
||Direct costs|||||||148,802|148,802|
||Wages &Salaries|||||||1,061,642|1,061,642|
||Costs ofCourses|||||||72,776|72,776|
||Postage 8 Carriage|||||||41,471|41,471|
||Repairs & Maintenance|||||||217,926|217,926|
||Advertising
& Marketing|||||||58,890|58,890|
||Bank Charges|||||||19,331|19,331|
||Insurances|||||||54,993|54,993|
||Depreciation
&Contract Hire Charges|||||||31,549|31,549|
|||||||||1,707,380|1707380|
|10.|Auditors'
remuneration|||||||||
|||||||||2022
f|2021f|
||Fees payable
to the Company's||auditor||for|the audit ofthe Company's||||
||annual
accounts|||||||6,582|6,582|
||Fees payable to the Company's||auditor||in respect of.|||||
||All taxation advisory services not|||included||above||300|300|
|11.|Staff costs|||||||||
|||||||Group|Group|Company|Company|
|||||||2022
f|2021f|2022|2021f|
||Wages and salaries|||||871,655|949,527|871,655|949,527|
||Contribution
to defined|contribution||pension||||||
||schemes|||||119,331|112,115|119,331|112,115|
|||||||990,986|1,061,642|990,986|1,061,642|
##
##
##
||Group|Group|Company|Company|
|---|---|---|---|---|
||2022|2021|2022|2021|
||No.|No.|No.|No.|
|Employees|31|31|31|31|
##
##
##
##
##
|the UK of 1|9%(2021- 19%).The d|iffe|rences are|explaine|d
below:||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021f|
|Net income|before tax||||||351,231|43,010|
|Net income|multiplied
by the standard||rate of corporation||tax in the|UK of 19|||
|(2021 - 19%).|||||||66,734|8,172|
|Effects of:|||||||||
|Non-taxable|income less expenses|not|deductible|for tax|purposes,|other|||
|than goodwill|and impairment||||||(66,734)|(8,172)|
|Total tax charge for the year|||||||||
##
##
##
||Freehold|Motor|Fixtures and|Computer|Other fixed||
|---|---|---|---|---|---|---|
||property
F|vehicles
f|fittings
f|equipment
5|assets
6|Total
5|
|Cost or valuation|||||||
|At 1 June 2021|459,406|16,023|144,837|4,000|8,382|632,648|
|Additions|12,100||23,664|||35,764|
|At 31 May 2022|471,506|16,023|168,501|4,000|8,382|668,412|
|Depreciation|||||||
|At 1 June 2021||16,023|110,387|2,000||128,410|
|Charge for the year|||18,811|1,000||19,811|
|At 31 May 2022||16,023|129,198|3,000||148,221|
|Net book value|||||||
|At 31 May 2022|471,506||39,303|1,000|8,382|520,191|
|At 31May 2021|459,406||34,450|2,000|8,382|504,238|
##
##
##
||Freehold||Fixtures and|Other fixed||
|---|---|---|---|---|---|
||property
f|Motor vehicles
6|fittings|assets
6|Total
6|
|Cost or valuation||||||
|At 1 June 2021|459,406|16,023|144,837|8,382|628,648|
|Additions|12,100||23,664||35,764|
|At 31 May 2022|471,506|16,023|168,501|8,382|664,412|
|Depreciation||||||
|At 1 June 2021||16,023|110,387||126,410|
|Charge for the year|||18,811||18,811|
|At 31 May 2022||16,023|129,198||145,221|
|Net book value||||||
|At 31 May 2022|471,506||39,303|8,382|519,191|
|At31 May2021|459,406||34,450|8,382|502,238|
##
|||NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEMENTS|STATEMENTS|||
|---|---|---|---|---|---|---|---|
|||FOR THE YEAR ENDED||31 MAY|2022|||
|15.|Fixed asset investments|||||||
||||||||Investments
in|
||||||||subsidiary|
||||||||companies|
||Company||||||F|
||Cost or valuation|||||||
||At 1 June 2021||||||106|
||At 31 May 2022||||||106|
||Net book value|||||||
||At 31 May 2022||||||106|
||At 31May 2021||||||106|
|16.|Stocks|||||||
||||Group||Group|Company|Company|
||||2022||2021|2022|2021|
||||E|||E|E|
||Finished goods and goods for resale||140,204||89,000|140,204|89,000|
|17.|Debtors|||||||
||||Group||Group|Company|Company|
|||||2022|2021|2022|2021|
||||E||E|E||
||Due within one year|||||||
||Trade debtors||107,857||126,664|81,555|57,993|
||Amounts
owed by group undertakings|||||26,003|11,252|
||Other debtors||4,536||2,270|4,536|2,270|
||Prepayments
and accrued|income|51,101||38,467|51,101|38,467|
||||163,494||167,401|163,195|109,982|
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2022
f|2021f|2022
f|2021f|
|Bank overdrafts||667||||
|Bank loans||41,667|41,667|41,667|41,667|
|Trade creditors||48,910|59,241|48,532|51,650|
|Other taxation and social security||31,135|22,757|31,135|22,757|
|Other creditors||3,284|3,284|3,386|3,386|
|Accruals and deferred|income|18,999|Sg,736|18,749|16,703|
|||144,662|196,685|143,469|136,163|
|Creditors: Amounts|falling due after|more than one year||||
|||Group|Group|Company|Company|
|||2022
f|2021f|2022
f|2021f|
|Bank loans||166,666|208,333|166,666|208,333|
|Included
within the above are amounts||falling due as follows:||||
|||Group|Group|Company|Company|
|||2022
f|2021
f|2022
f|2021f|
|Between one and two years||||||
|Bank loans||41,666|41,666|41,666|41,666|
|Between two and five years||||||
|Bank loans||125,000|125,000|125,000|125,000|
|Over five years||||||
|Bank loans|||41,667||41,667|
##
##
##
##
||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2022
5|2021
f|2022
5|2021|
|Financial assets|||||||
|Financial|assets measured|at fair value|||||
|through|income and expenditure||1,015,350|839,701|1,015,350|838,492|
##
|Group|Group|Group|Company|Company|
|---|---|---|---|---|
|f|2022|2021
6|2022
F|2021
f|
|||18,642||18,642|
##
##
||Statement|of|fu|nds - current year||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Balance at 1|||Balance at 31|
|||||||June 2021|Income|Expenditure|May 2022|
|||||||E|6|6|F|
||Unrestricted||funds|||||||
||General Funds -|||all funds||1,176,680|2,445,785|(2,094,554)|1,527,911|
||Statement|of|funds - prior year|||||||
||||||Balance at|||Transfers|Balance at|
|||||1|June 2020f|Income
f|Expenditure
E|in/out
5|31May 2021
5|
||Unrestricted||funds|||||||
||General Funds -|||ail funds|1,131,335|1,788,864|(1,745,854)|2,335|1,176,680|
||Restricted|funds||||||||
||Restricted|Funds||—all funds||9,295|(9,295)|||
||Total offunds||||1,131,335|1,798,159|(1,755,149)|2,335|1,176,680|
|23.|Summary|offunds||||||||
||Summary|offunds - current year||||||||
|||||||Balance at 1|||Balance at 31|
|||||||June 2021|Income
E|Expenditure
6|May 2022
f|
||General funds|||||1,176,680|2,445,785|(2,094,554)|1,527,911|
##
##
||Balance at|||Transfers|Balance at|
|---|---|---|---|---|---|
||1June 2020f|Income|Expendituref|inlout
5|31May 2021
E|
|General funds|1,131,335|1,788,864|(1,745,854)|2,335|1,176,680|
|Restricted funds||9,295|(9,295)|||
||1,131,335|1,798,159|(1,755,149)|2,335|1,176,680|
|Analysis|of n|et assets between funds - current year|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2022|2022|
||||f|E|
|Tangible|fixed|assets|520,191|520,191|
|Current assets|||1,319,048|1,319,048|
|Creditors|due|within one year|(144,662)|(144,662)|
|Creditors|due|in more than one year|(166,666)|(166,666)|
|Total|||1,527,911|1,527,911|
|Analysis|of net assets between funds - prior year||||
||||Unrestricted|Total|
||||funds|funds|
||||2021f|2021
E|
|Tangible|fixed|assets|504,238|504,238|
|Current assets|||1,096,102|1,096,102|
|Creditors|due|within one year|(196,685)|(196,685)|
|Creditors|due|in more than one year|(208,333)|(208,333)|
|Provisions|for|liabilities and charges|(18,642)|(18,642)|
||||1,176,680|1,176,680|
##
##
||||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021f|2022|2021f|
|Net income for the|year|(as per|Statement|of|||||
|Financial Activities)|||||351,231|43,010|351,231|43,010|
|Adjustments
for:|||||||||
|Depreciation
charges|||||19,811|19,981|18,811|18,981|
|Increase
in stocks|||||(51,204)|(600)|(51,204)|(600)|
|Decrease
in debtors|||||3,903|154,598|(53,213)|213,451|
|Increase/(decrease)|in creditors||||(52,099)|61,245|7,306|5,879|
|Prior Year Adjustment||||||2,335|||
|Net cash provided|by operating||activities||271,642|280,569|272,931|280,721|
|Analysis ofcash and cash equivalents|||||||||
||||||Group|Group|Company|Company|
||||||2022
f|2021|2022|2021|
|Cash
in hand|||||1,015,350|839,701|1,015,350|838,492|
|Total cash and cash equivalents|||||1,015,350|839,701|1,015,350|838,492|
|Analysis ofchanges
in||net debt|||||||
|||||||At 1 June||At 31 May|
|||||||2021
f|Cash flows
f|2022
f|
|Cash at bank and
in|hand|||||839,701|175,649|1,015,350|
|Bank overdrafts
repayable||on demand|||||(667)|(667)|
|Debt due within
1 year||||||(41,667)||(41,667)|
|Debt due after
1 year||||||(208,333)|41,667|(166,666)|
|||||||589,701|216,649|806,350|
##
##
##
##
|under non|-can|cellable
operating
leases as follo|ws:||||
|---|---|---|---|---|---|---|
||||Group|Group|Company|Company|
||||2022
f.|2021
f|2022
f.|2021f|
|Not later than||1 year|7,970|7,098|7,970|7,098|
|Later than|1 year and not later than 5years||13,742|16,069|13,742|16,069|
||||21,712|23,167|21,712|23,167|
##
##
##
##
|The financial
results oft|he subsidia|ries
for the year|were:|||
|---|---|---|---|---|---|
|Names|||Income
f|Expenditure|Net assets|
|STA Excel Limited|||197,181|(197,181)|2|
|STA Resolute Technology
Limited|||||1|
|Aquacise
Limited|||||1|
|Register ofAquatic Professionals||Limited|||1|
|Safety Training
Awards|Limited||||1|
|Safety Training Assess|Limited||||100|