2023-03-31-accounts - Asdan

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StrategicReport	2to13
Trustees'Report	14to22
Reference andAdministrativeDetails	23 to24
IndependentAuditors'Report	25lo27
StatementofFinancialActivities	28
Balance Sheet	29
Statementof CashFlows	30
Notes totheFinancial Statements	31 to 49

e firsttimeinover fou registeredattheend	r yearswesa of 2022-23.	wgroMhinthe	number ofce	ntresin mem
	2022-23	2021-22	2020-21	2019-20
Registered centres in membership	3,622	3,501	3,539	3,578

ASDAN
	2022t23	2021t22	2020t21	2019t20
Delegatestrainedin
webinars todeliver	1,699	1,486	1,066	883
courses

Certification	Apr22- Mar23	Apr 21- Mar22	Apr20 - Mar21	Apr19- Mar20
Learners achieving ASDAN
regulatedqualifications atEntry	3,277	2,795	2,948	3,677
Level1-3
Learners achieving ASDAN regulatedqualifications at Level1	1,460	1,636	1,611	2 622
Learners achieving ASDAN regulatedqualifications atLevel2	1,852	2,218	2,536	3,192
Learners achieving ASDAN regulatedqualifications atLevel3	751	739	427	1 662
Fullqualificationtotal	7,340	7,388	7,522	I1,153
Unit only	1,53 1	1,423	1 t022	1,884
Total(includingunit)	8,871	8,811	8,54	13,037

ent ontheprevious year.
Learners' achievements:All	Apr22- Mar23	Apr21- Mar22	Apr20- Mar21	Apr19- Mar20
Learners achieving ASDAN accreditedprogrammes	7,754	7,547	7,018	10,595

er cent onthepreviousyear(53 per	centintheUK).
Learners' achievements:AII	Apr22- Mar23	Apr21- Mar22	Apr20 - Mar21	Apr19- Mar20
Learners achievingASDANnon- accreditedprogrammes	24,147	12,846	18,407	24,795

Learners'achievements :lnternational	Apr22- Mar23	Apr21- Mar22	Apr20- Mar2'l	Apr19- Mar20
Learners achievingASDANaccredited programmes	2,036	1,570	1,711	2,293
Learners achievingASDANnon- accreditedproqrammes	9,615	3,568	9,687	8,503
Learners achievingASDANregulated qualifications atEntryLevel1-3	35	14	19	11
Learners achievingASDANregulated qualifications at Level1	28	35	47	19
Learners achievingASDANregulated qualifications atLevel2	98	124	72	91
Learners achievingASDANregulated qualifications atLevel3	672	482	137	277

.B.lrnDoidge(Vice-Chair).	Chair of Governors,Banruickand Stoford Community Primary School. Examiner, Chartered lnstituteof
	Marketing. Lecturer, Yeovil College
StephenFahey****	ContentStrategyDirector,OxfordUniversity Press (resigned1 December2022)
JgmmaHancock* **	HeadofStrategicHR Business Partnering, Great WesternRailway
Linda Peck**	Education Consultant andOfsted!nspector,former
	Headteacher and SeniorSchoollmprovement OfficerforBristol LA(resigned19 May2022)
JackPrice****	ManagingDirector, Computershare
Peter Scholey (Vice-	Former secondaryschoolHeadteacher,Local
Chair)**"	AuthorityOfficer and Education Consultant (stepped
	down asVice-ChairSeptember2022)
Chris Smith*	CompanyDirector,TydiLtdandHobbs House
	Bakery Ltd. ChairoftheBoard,TheBritish Corner
	ShopLtd. SouthWestRegional Council Member, CBI (resigned18 May2023)
Pauline Trapp**	Education Consultant,formerSENCOandAssistant
	Headteacher(resigned19 May2022)
VictoriaFitzGerald****	DirectorandFinancialConsultant,BriarsmeadLtd
	Trustee,Bristol Old VicTheatre School.Member,
	Trust inLearning (Academies)
JaswinderKaur"	Headteacher

			Designated	Year ended	Year ended
	Note	Unrestricted €	fundst	2023 €	2022 €
lncome and Endowments from:
Charitableactivities lnvestmentincome	3 4	3,063,113 gs,ogz		3,063,113 95,097	2,889,146 59,025
Other income		4,500		4,500	3,845
Totalincome		3,162,710		3,162,7102,952,016
Expenditure on: Charitable activities	5	(2,a96,350)	(111,639)	(3,007,989)	(3,017,701\|
Total expenditure		(2,896,350)	(111,639)	(3,007,989)	(3,017,701)
Gainsoninvestment assets	10	(103,999)		(103,999)	58,747
Net income/(expenditure)		162,361	(111,639)	50,722	(6,e38)
Transfersbetween funds		(67,059)	67,059
Net movementinfunds		95,302	(44,580)	50,722	(6,938)
Reconciliation offunds
Totalfundsbrought forward		3,899,249	't10,703	4,009,9524,016,890
Total fundscarriedforward	16	3,994,551	66,123	4,060,6744,009,952

(Registration nu BalanceSheet as	mber:034262 at 31 March	51) 2023
		Year ended	Year ended
	Note	2023f	2022 €
Fixedassets
Tangibleassets	I	670,391	672,474
lnvestmentproperties	10	490,000	490,000
Listed investments	10	2,091,167	2,204,035
		3,251,558	3,366,509
Current assets
Stocks		87,395	22,006
Debtors	11	455,65s	246,412
Cash atbank andin hand	12	1,241,596	1,354,644
		1,784,646	1,623,062
Credltorr:Amountsfalllngduewithlnonoyear	13	(e75,s30)	(979,619)
Netcurrentassets		809,116	643,443
Netassets		4.060.674	4,009,952
Funds of the charity:
Unrestricted incomefunds
GeneralFunds		3,994,551	3,899,249
Designatedfunds		66,123	110,703
Totalfunds	16	4.060.674	4,009,952

			Yearended	Year ended
			31March	31March
	Note		2023f	2022 €
Cashflows fromoperatingactivities
Netcashincome/(expenditure)			50,722	(6,e38)
Adjustmentetocashflows fromnon-cash items
Depreciation	9		36,807	37,188
lnvestmentincome	4		(9s,097)	(s9,02s)
Revaluationofinvestments			151,341	(117,87s\|
			143,773	(146,650)
Working capital adjustments
lncreasein stocks			(65,38e)	(772')
(lncrease)/decreasein debtors	11		(209,243)	2,170
(Decrease)/increase in creditors	13		[4,08e)	13,305
Net cash flowsfromoperating activities			(1-34,948)	(131,947)
Cashflows frominvestingactivities
lnterestreceivable andsimilarincome	4		95,097	59,025
Purchase of tangiblefixedassets	9		(u,724)	(536)
Purchase of investments	10		(178,056)	(258,373)
Sale of investments	10		139,583	330,622
Net cash flowsfrominvesting activities			21,900	130,738
		_
Netdecreaseincashandcashequivalents			(113,048)	(1,20e)
Cash and cashequivalents at1April			1,354,U4	1,355,853
Cash and cashequivalentsat 31 March			1,241,5961,354,644

3lncomefromcharitableactivities
	Year ended	Year ended
	2023	2022
	c	e
External projects		90
Customersupport	1,377,757	1,298,338
Accreditation	793,227	687,977
Publishing &development	540,368	565,363
Promotional activities	351 761	337 378
	3,063,1132,889,146

		Year ended	Year ended
		2023 €	2022I
lnterest	receivable andsimilarincome	22,772	16,099
lncome	fromrents	72,325	42,926
		95,097	59,025

5Expenditure on charitableactivities
			Year ended
	Unrestrictedfunds DesignatedGeneral ET		31 March 2023 €
Customer and centresupport	_	,t26,520	126,520
Accreditation	-	365,094	365,094
Premisesandpublication	-	537,031	537,031
Marketing and communications	-	118,812	118,812
Propertydevelopment andmaintenance	1,830		1,830
Management and admin		786,907	786,907
Information technology		374,188	374,188
Designandproductdevelopment		88,338	88,338
Sales andrelationshipmanagement		499,401	499,401
Transition to outsourcingofprinter activity fund	67,059	43	67,102
Professional Learning Communities fund	42 750	16	42 766
	111,639	2,896,3503,007,989

			Year ended
	Unrestrictedfunds DesignatedGeneral €f		31March 2022 €
Customer and centresupport	-	133,940	133,940
Accreditation			334,500
Premisesandpublication	.	ltt:?tl	496,1 58
Marketing and communications	-	127,729	127,729
Digitalstrategy	30,058		30,058
Financial assistance	38,256		38,256
Propertydevelopment andmaintenance	18,168		18,168
Research anddevelopment	18,155		18,155
PSE qualificqtion	13,510		13,510
Management and admin	-	758,495	758,495
Information technology	-	433,891	433,891
Design and productdevelopment		137,988	137,988
Sales andrelationshipmanagement	-	oru,uua	476,853
	118,1472,899,5543,017,701

Notestothe	Financial S	tatementsforth	eYear En	ded31March	2023
		Governance		Year ended	Year ended
	Basis	costsSupport costs €e		2023 f	2022 E
Staff costs	A	-	1,900,353	1,900,353	1,926,456
Depreciation	A		36,807	36,807	37,188
Training	B		1,882	1,882	10,079
ComputerandlT costs	B		53,699	53,699	75,114
Communications	B		57,232	57,232	36,032
Premises	B		72,750	72,750	49,625
Legal & professional	B		42,786	42,786	44,973
lnsurance	B		20,227	20,227	22,585
Other managementand
admin	B		220,584	220,584	139,067
Post, stationery and admin	B		133,107	133,107	113,053
Auditand accounting	A	12,992		12,992	11,770
Management fees	B				638
		12,992	2,539,427	2,552,4192,466,580

Basis of allocation
Reference	Methodof allocation
A	%ofincome
B	Directly attributable

6Netincoming resources Netincoming/(outgoing)resources for theyearinclude:
	Year ended	Year ended
	31March	31 March
	2023	2022
	€	E
Depreciation of fixed assets	36,807	37,1BB
Fees payable to the charitablecompany'sauditor-Audit	12,992	11,770
Rentals payable underoperatingleases	121,455	136,712

8Staff costs Theaggregatepayroll costswereas follows:
	Year ended	Year ended
	31 March		31 March
	2023t		2022I
Staff costs during theyear were:
Wages and salaries	1,578,767		1,592,302
Socialsecuritycosts	168,714		163,853
Pension costs	152,871		170,301
	1,900,352		1,926,456

The monthly average numberofpersons (including seni year expressed as fulltimeequivalentswasas follows:	ormanagementteam) employedbyt	he charity duri
	Year ended	Year ended
	31 March	3{March
	2023	2022
	No	No
Customer and centresupport	5	5
Management and admin	11	11
Designandproductdevelopment	3	3
Information technology	5	6
Premisesandpublishing	2	2
Accreditation	o	11
Marketing and communication	4	4
Salesandrelationship management	10	8
	49	50

		Year	ended	Year	ended
		31	March	31	March
			2023		2022
			No		No
e60,001	-€70,000		2		3
870,001	-€80,000		1
e80,001	-€90,000		1		1
€90,001	-e100,000

9Tangible fixed assets
	Freeholdland	Fixturesand		Computer
	andbuildings		fittings	equipment	Total
	c		€	e	€
Cost
At1April2022	862,608		129,096	245,003	1,236,707
Additions				34,724	34,724
At 31March 2023	862,608		129,096	279,727	1,271,431
Depreciation
At1April2022 Charge fortheperiod	216,184 17,252		122,778 3,118	225,271 16,437	564,233 36,807
At 31March 2023	233,436		125,896	241,709601,040
Netbook value
At 31March 2023	629.172			38,019670,39'r
At31March2022	646.424		6,318	19,732672,474

10 Fixedasset investments
	Year ended	Year ended
	31 March	31March
	2023	2022
	€	€
lnvestmentproperties	490,000	490,000
Listed investments	2,091,167	2,204,035
	2,581,1672,694,035

lnvestment properties
	lnvestment
	propertiesf
Cost orValuation
At1April2022	490,000
Netbook value
At 31March 2023	490,000
At 31March 2022	490,000

Listed investments
	Total
	E
Gost orValuation
At1April2022	2,204,035
Revaluation	(103,eee)
Movements on thecashinvestmentintheportfolio	(47,342)
Additions	178,056
Disposals	(139,583)
At 31March 2023	2 091 167
Netbook value
At 31March 2023	2 091 167
At 31March 2022	2,204,035

11Debtors
	Year ended	Year ended
	2023t	2022t
Trade debtors	353,302	212,115
Prepayments andaccruedincome	82,526	34,297
Other debtors	19,827
	455,655	246,412

12Cash	andcash equivalents
		Year ended	Year ended
		31 March		31March
		2023 €		2022f
Cashon	hand	132		502
Cashat	bank	1,241,464		1,354,142
		1,241,596		1,354,644

13Creditors: amountsfallingduewithinoneyear
	Year ended	Year ended
	2023t	2022 €
Trade creditors	69,572	83,039
Other taxation and social security	64,513	63,004
Other creditors	25,888	34,331
Accruals	53,339	72,533
Deferred income	762,218	726,712
	975,530	979,619

	Year ended	Year ended
	31 March	31March
	2023	2022
	€	€
Deferred incomeat1 April2022	726,712	711,207
Resourcesdeferredintheperiod	762,218	726,712
Amountsreleasedfromprevious periods	(726,712)	(711,207\|
Deferred incomeatperiodend	762,218	726,712

	Year	ended	Year	ended
	31	March	31	March
		2023t		2022t
Other
VUithinoneyear				54,611

16Funds
						Other
	Balanceat1	!ncoming		Resources		recognised	Balanceat31
	April2022 €	resourcest		expended E	Transfers €	gains/(losses) €	March2023 €
Unrestrictedfunds
General
Generalfunds	3,899,249	3,162,710		(2,896,349) (67,060) (103,999)3,994,551
Designated
Financialassistancefund	42,450						42,450
Propertydevelopment andmaintenance fund	2,770			(1,830)			940
Research anddevelopmentfund	61,849				(47,760)		14,089
ProfessionalLearning Communities fund				(42,750)	47,760		5,010
PSEqualificationfund	2,890						2,890
NewPhone system fund	744						744
Transition tooutsourcing ofprinter activity fund				(67,060)	67,060
	110.703			(111.640)	67,060		66,123
Totalfunds	4.009.952	3. 1	62. 710	(3.007.989)		(103,999)4,060,674

					Other
	Balance atI	lncoming	Resources		recognised	Balanceat31
	Apri!2021t	resourcest	expended €	TransfersI	gains/(losses) €		Itarch2O22 €
Unrestrictedfunds
General
Generalfunds	3,902,740	2,952,016	(2,899,554)	(114,700)	58,747		3,899,249
Designated
Financialassistancefund	42,450						42,450
Propertydevelopment andmaintenance fund	938		(18,168)	20,000			2,770
Research anddevelopmentfund	24,304		(18,155)	55,700			61,849
ProfessionalLearningCommunitiesfund	30,058		(30,058)
PSEqualificationfund	16,400		(13,510)				2,890
New Phone system fund			(4,256)	5,000			744
New Finance system fund			(34,000)	34,000
	114,150		(118,147)	114,700			110,703
Totalfunds	4,016,890	2,952,016	(3,017,701)		58,747		4,009,952

17Analysisofnetassetsbetweenfunds
	Totalfundsat Unrestrictedfunds 31March GeneralDesignated 2023 e€€
Tangiblefixedassets Fixedassetinvestments	670,391 2,581,167	- -	670,391 2,581,167
Current assets Currentliabilities	1,639,694 (955,703)	66,123 -	1,705,817 (955,703)
Totalnet assets	3,935,549	66,123	4,001,672
		Totalfundsat
	Unrestrictedfunds GeneralDesignated €€		31March 2022 e
Tangible fixed assets	672,474		672,474
Fixedassetinvestments	2,694,035		2,694,035
Current assets	1,518,059	105,003	1,623,062
Currentliabilities	(e79,61e)		(979,619)
Totalnet assets	3,904,949	105,003	4,009,952

18Analysisofnetfunds
	Financingcash At1April2022 flows €t		At31 March 2023t
Cashatbankandinhand	1,354,644	(113,048)	1,241,596
Netfunds/(debt)	1,354,644	(113,048)	1,241,596
	Financingcash At1April2021 flows €f		At31March 2022 €
Cashatbank andinhand	1,355,853	(1,209)	1,354,644
Net funds/(debt)	1,355,853	(1,209)	1,354,644

Gategorisation offinancialinstruments
	2023	2022
	€	€
Carrying amount offinancialassets
Debt instruments measured at amortisedcost	353,302	212,115
Listed investments measured at fair value	2,091,167	2,204,035
Carrying amount offinancial liabilities
Liabilities measured at amortised cost	159,973	180,374