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|||Page|
|---|---|---|
|Trustee's report||1 —8|
|Reference and administrative|details ofthe charity, its trustees and advisers|9-10|
|Independent<br>audhc r's report||11 —14|
|Statement offinancial<br>activities|||
|Charity balance sheet|||
|Statement ofcash flows||17|
|Notes to the financial statements||18-30|





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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2020|2020|2020|2019|
|||||Note|||||
|Income and|endowments||from:||||||
|Donations<br>and legacies<br>Investments||||3<br>6|31,350<br>172,938|23,470<br>-|54,820<br>172,938|60,999<br>183,919|
|Total income|||||204,288|23„470|227,758|244,918|
|Expenditure|on:||||||||
|Charitable<br>activities||||7|429,335|25,213|454,548|466,806|
|Total expenditure|||||429,335|25,213|454,548|466 806|
|Net income/(expenditure)|||before||||||
|revaluations|||||(225,047)|('l,743)|(226,790)|(221,868)|
|Net gains/(losses)||on investments|||(265,488)||(265,488)|920,079|
|Net movement|in|funds for the year|||(490,535)|(1,743)|(492,278)|698,211|
|Transfers<br>between||funds||18|(1,743)|1,743|||
|Reconciliation|of|funds|||||||
|Total funds at|1 January 2020||||7,407,977||7,407,977|6,709,766|
|Total funds at|31|December 2020|||6,915,699||6,915,699|7407,977|





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||||Note|2020||2019|
|---|---|---|---|---|---|---|
|Net cash used in operating<br>activities|||22|~226,332||(16,927)|
|Cash fiows from investing<br>activities|||||||
|Interest and dividends<br>Purchase oftangible<br>fixed assets<br>Proceeds from sale oftangible<br>fixed assets<br>Proceeds from sale ofinvestments<br>Purchase<br>ofinvestrnents||||172,938<br>(2,121)<br>6,906,308<br>(6,514,278)||183,939<br>5,000<br>3,194,600<br>(3,079,892)|
|Cash provided<br>by (used in) investing||activities||562,847||303,647|
|Increase (decrease)<br>in cash and cash|||||||
|equivalents<br>in the year||||(157,485)||286,720|
|Cash and cash equivalents<br>at the|beginning||ofthe year|296,944||10,224|
|Total cash and cash equivalents|at the end ofthe year|||139,459||296,944|
|Analysis ofchanges<br>in net debt|||||||
|||||At 31Jan||At 31Dec|
|||||2020|Cashflows|2020|
|||||||E|
|Cash and cash equivalents|||||||
|Cash||||296,944|(157,485)|139,459|





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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2020|2020|2020|2019|
||||||||5||
|||||Note|||||
|Grants||||4||23,470|23,470|30,000|
|Donated|services|and|facilities|5|31,350||31,350|30,999|
||||||31,350|23,470|54,820|60,999|



|All o|fthe donations<br>|and legacies income was|unrestricted<br>in 2020 and 2019.|||
|---|---|---|---|---|---|
||||Restricted|Total|Total|
||||funds|funds|funds|
||||2020f|2020<br>f|2019|
|Army|Apprenticeship|Fund|23,470|23,470||
|REA|Grant||||30000|
||||23,470|23,470|30,000|



||||Total|Total|
|---|---|---|---|---|
|5|Donated services and facilities||funds|funds|
||||2020|2019|
||||E|E|
||Administrative|salaries|31,350|30,999|





## 

## 

|Investment<br>Income|||
|---|---|---|
||Total|Total|
||funds|funds|
||2020|2019|
||F|F|
|Dividends<br>Bank interest|172,849<br>89|183,449<br>490|
||172,938|183,939|



## 

|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|||
|||directly|costs|Total|Total|
|||2020|2020|2020|2019|
|Training<br>Development<br>programme<br>Registration<br>and|Note<br>8<br>9|101,006|102,854<br>126,152|5<br>203,860<br>126,152|6<br>233,194<br>98,016|
|certification fees<br>Health 8 safety testing<br>Tuition costs<br>Investment<br>management|10<br>11|90,715<br>735|16,974|90,715<br>735<br>16,974|93,847<br>2,887<br>19,375|
|fees||16112||16,112|19487|
|||208 568|245 980|454,548|466,806|





|tes tothe ffinanciai statements<br>r the year ended 31 December 2020|||
|---|---|---|
||Total|Total|
|8 Training|Funds|Funds|
||2020|2019|
|Activities<br>undertaken<br>directly|||
|Continuous<br>personal<br>development<br>Professional<br>Recognition<br>Award<br>Training<br>Development<br>Programme<br>Continuous<br>personal<br>development|100,125<br>8,889<br>1,024<br>(9,032)|89,851<br>9,709<br>2,643<br>(820)|
||101,006|101,383|
|Support costs|||
|Depreciation<br>offixed assets<br>Loss on disposal offixed assets<br>Marketing 8website|1,111<br>198|753<br>33,813<br>57|
|Legal and professional<br>fees<br>insurance|708<br>503|208<br>517|
|IT support 8 equipment<br>Stationery<br>Postage and telephone<br>Photocopier<br>Bank charges<br>Travel and subsistence<br>Miscellaneous<br>costs|1,043<br>111<br>162<br>258<br>20<br>460<br>123|674<br>225<br>382<br>245<br>14<br>810<br>244|
|Hospitality<br>Staff recruiting<br>and training<br>Staff costs|113<br>87,594|106<br>295<br>83,134|
|Donated services and facilities - admin salaries|10,450|10,333|
||102,854|131,811|
||203,860|233,194|





|Fo|<br>r the year ended 31 December|<br>r the year ended 31 December|2020|||||
|---|---|---|---|---|---|---|---|
||9 Development<br>programme|||Unrestricted<br>funds|Restricted<br>funds|Total<br>Funds|Total<br>Funds|
|||||2020|2020|2020|2019|
||Activities<br>undertaken|directly||||||
||Training<br>Development|Programme|||25,213|25,213|26,266|
||||||25,213|25,213|26,266|
||Supportcosts|||||||
||Marketing<br>&website<br>Insurance|||203<br>517||203<br>517|59<br>533|
||ITsupport 8 equipment<br>Stationery<br>Postage and telephone<br>Subscriptions<br>Photocopier<br>Bank charges<br>Travel and subsistence<br>Miscellaneous<br>costs<br>Hospitality<br>Communications<br>Hub grant<br>Staff costs|||1,075<br>1'l5<br>167<br>249<br>266<br>20<br>475<br>126<br>117<br>26,250<br>60,909||1,075<br>115<br>167<br>249<br>266<br>20<br>475<br>126<br>117<br>26,250<br>60,909|695<br>232<br>394<br>249<br>251<br>15<br>834<br>251<br>109<br>57,795|
||Donated services and|facilities|—admin salaries|10,450||10,450|10,333|
|||||100,939||100,939|71,750|
|||||100939|25,213|126152|98016|
|10|Registration<br>and certification||fees|||||
|||||||2020f|2019|
||Activities<br>undertaken|directly||||||
||Registration<br>Certification|||||68,789<br>21,927|77,404<br>16,443|
|||||||90715|93847|





|For the year ended 31 D|ecember 2020|||
|---|---|---|---|
|11 Tuition costs||Total<br>Funds|Total<br>Funds|
|||2020|2019|
|Activities undertaken|directly|||
|Training<br>Development|Programme||2,493|
||||2,493|
|Supportcosts||||
|Audit fee<br>Marketing 6website<br>Insurance<br>ITsupport 8 equipment<br>Stationery<br>Postage and telephone<br>Photocopier<br>Fees and Licences<br>Bank charges<br>Travel and subsistence<br>Miscellaneous<br>costs<br>Hospitality||3,498<br>198<br>503<br>1,043<br>111<br>162<br>258<br>35<br>20<br>460<br>123<br>113|3,240<br>57<br>517<br>674<br>225<br>382<br>245<br>35<br>14<br>810<br>244<br>106|
|Donated services and|facilities - admin salaries|10,450|10,333|
|||16,974|16,882|
|12 Net income I(expenditure)||16974|19375|
|This is stated after chargir, g:||||
|||2020|2019|
||||5|
|Depreciation<br>oftangible|fixed assets:|||
|- owned<br>by the charity<br>Auditor's<br>remuneration||1,111<br>3,498|753<br>3,240|





## 

||2020|2019|
|---|---|---|
||8||
|Wages and salaries<br>Social security costs<br>Other pension costs|130,638<br>8,671<br>9,194|122,585<br>8,843<br>9,501|
||148503|140929|



|Direct charitable|employment||
|---|---|---|
|Management<br>and|administration|ofthe charity|



|2020|2019|
|---|---|
|7|7|





|Notes to the financial statements<br>Forthe year ended 31 December 2020|||
|---|---|---|
|||Computer|
|||and Office|
|14 Tangible fixed assets||Equipment|
|Cost|||
|At 1 January 2020<br>Additions<br>Dieposals||22,070<br>2,121<br>(281)|
|At 31 December 2020||23,910|
|Depreciation|||
|At 1 January 2020<br>Charge for the year<br>On disposais||19,832<br>1,111<br>(281)|
|At 31 December 2020||20,662|
|Net book value|||
|At 31 December 2020||3,248|
|At 31 December 2019||2,238|
|15 Fixed asset investments|||
|||Listed|
|||securities|
|Market value|||
|At 1 January 2020<br>Additions<br>Revaluations<br>Sold||7,130,764<br>6,514,278<br>106,572<br>(6,906,308)|
|At 31 December 2020||6,646,366|
|Historical cost||6,485,618|
|Investments<br>at market value comprise:|||
||2020|2019|
||6||
|Listed investments|6 845,306|7,130,764|





|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Other debtors||||||11,242|26,125|
|17 Creditors:<br>amounts|falling due within one||year|||||
|||||||2020|2019|
|||||||6|8|
|Trade creditors<br>Accruals and deferred income||||||5,071<br>78,485|11,234<br>36,860|
|||||||83,556|48,094|
|18Statement offunds||||||||
|Current year||Brought<br>forward|Income|Expenditure|Transfers<br>In/(Out)|Gains/<br>(Losses)|Carried<br>forward|
|||||E|8||6|
|Unrestricted<br>funds||||||||
|Unrestricted<br>income fund||7,407,977|204,288|(429,335)|1,743|265,488|6,915,699|
|Restricted funds||||||||
|Army Apprenticeship|Fund||23,470|25,213)|1,743|||
|Total cffunds||7,407,977|227,758|454,548)||26s,4ee|6,91s699|
|Prior year||Brought<br>forward<br>K|Income<br>5|Expenditure<br>6|Transfers<br>In/(Out)|Gains/<br>(Losses)|Carried<br>forward<br>6|
|Unrestricted<br>funds||||||||
|Unrestricted<br>income fund||6699766|244,938|(456,806)||920079|7407977|
|Restricted funds||||||||
|Minley Project||10000||(10,000||||
|Total offunds||6709766|244,938|466806||920,079|7407977|





## 

## 

|||||
|---|---|---|---|
|Current year|Unrestricted|Restricted|Total|
||funds|funds|funds|
||2020|2020|2020|
||6|6|6|
|Tangible fixed assets<br>Fixed asset investments<br>Current assets<br>Creditors due within one year|3,248<br>6,845,306<br>150,701<br>(83,556)||3,248<br>6,845,306<br>150,701<br>(83,556)|
||6,915,699||6915,699|



## 

|ror ye|ar|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2019|2019|2019|
|||6||6|
|Tangible<br>fixed assets<br>Fixed asset investments<br>Current assets<br>Creditors due within one year||2,238<br>7,130,764<br>323,069<br>(48,094)||2,238<br>7,130,764<br>323,069<br>(48,094)|
|||7,407,977||7,407,977|



## 



## 

|Reconciliation<br>ofnet movement<br>in fund<br>cash flow from operating<br>activities.|s to net|||
|---|---|---|---|
|||Total|Total|
|||funds|funds|
|||2020|2019|
|Net movement<br>in funds<br>Add back depreciation<br>charge<br>Loss on disposal oftangible fixed assets<br>Deduct interest income shown<br>in investing<br>activities<br>Deduct gains Iadd back losses on investments<br>Decrease (increase)<br>in debtors<br>Increase (decrease)<br>in creditors||(492,278)<br>'l,111<br>(172,938)<br>(106,572)<br>14,883<br>35,462|698,211<br>753<br>33,813<br>(183,939)<br>(798,750)<br>220,764<br>12,201|
|Net cash used in operating<br>activities||720,332|(16927)|