## ## ## |||||Page| |---|---|---|---|---| |Trustee's
report||||| |Reference and administrative||details ofthe Charity, its trustees|and advisers|| |Independent
auditor's|report|||| |Statement of financial|activities|||17| |Balance sheet||||18| |Statement ofcash flows||||| |Notes to the financial|statements|||20-32| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |TOTAL QUALIFICATiO|NS
AND|AW|ARDS|2021||| |---|---|---|---|---|---|---| ||Course||||National|Total| ||||||Level|| |Brickla in
and Concretin||||||47| |Brickla in
and Concretin||||||27| |Buildin
and Structural|Finishin|||||36| |Buildin
and Structural|Finishin|||||19| |C
ent
and Joine||||||| |C
en
and Joine||||||| |Construction
Materials|Technolo|||||| |Construction
Materials|Technolo|||||| |Desi n Drau
htsman|Electrical|||||15| |Desi n Drau
htsman|Mechanical|||||| |Desi n Electrical and|Mechanical|||||17| |Desi n Electrical and|Mechanical|||||| |Electrical Installations||||||72| |Electrical Installations||||||33| |Fabricator Welder
C&G||||||27| |Fitter ACR C&G||||||20| |Engineering
Maintenance —FTRE(C&G)||||||33| |Engineering
Maintenance —FTR|||U&P (C&G)|||| |Plant Operator Mechanic||||||25| |Plant Supervisor||||||20| |Survey||||||16| |Survey||||||12| |Slinger/Banksman||||||| |Site Mana
ement Safe
Tests|||||NA|93| |Health &Safe
Tests|||||NA|132| |Electrical 18'" Edition|||||NA|| |Defence Ex losive Munitions||and Search School||||207| |Professional
Mana
ement Qualifications|||||4to 5|42| |Abrasive
Wheels||||||148| |Clerks ofWks/MPF
Foundation
Stud
Grant
formerl
Bursaries|||De ree||5 to 6
2to7|21
60| |Professional
Reco nition Awards|||Ci|and Guilds|4to 7|95| ||||||Total|1341| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Reference and adminis
For the year ended 31
Trustees|trative
details ofthe Charity,
its T
December 2021|rustees and Advisers|| |---|---|---|---| |APPOINTMENT|NAME|APPOINTED|RESIGNED| |Comdt RSME Gp|Brig PJ Rowell MBE|September 2019|| |Corps Col|Col M Quare MBE ADC|September 2017|| |Corps Col (Reserves)|Col AJ G Ryan TD|November 2019|| |DComd 25 Engr Gp|Lt Col C W Battey|February 2020|| |DComd 8 Engr Bde|Col A D Bellingall
MBE
Col H TS Ricketts OBE|October 2015
September 2021|September 2021| |COS HQ RSME|Lt Col RJ MacDonald|January 2019|December 2021| |RE Corps Sergeant
Major|WO1 (Corps SM) P Clark
WO1 (Corps SM) M Elliott MBE|December 2018
September 2021|August 2021| |Industry
Independent|Mr N Goldie-Scot|December 2018|| |Education
Independent|Mr SCook|January 2016|| |Co-opted|||| |Treasurer|Maj (Retd)
I Sidebottom|September 2013|| |Chief Executive|Lt Col (Retd) G J Hannington|December 2020|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||funds|funds|funds|funds| ||||||2021|2021|2021|2020| |||||Note||||| |Income and|endowments||from:|||||| |Donations
and legacies
Investments|||||34,191
197,747|23,470|57,661
197,747|54,820
172,938| |Total income|||||231„938|23,470|255,408|227,758| |Expenditure|on:|||||||| |Charitable
activities|||||511„270|25,493|536,763|454,548| |Total expenditure|||||511,270|25,493|536,763|454,548| |Net expenditure||before revaluations|||(279,332)|(2,023)|(281,355)|(226,790)| |Net gains/(losses)||on investments|||654,188||654,188|(265,488)| |Net movement|in|funds for|the year||374,856|(2,023)|372,833|(492,278)| |Transfers
between||funds||18|(2,023)|2,023||| |Reconciliation|of|funds||||||| |Total funds at|1 January 2021||||6,915,699||6,915,699|7,407,977| |Total funds at|31|December|2021||7,288,532||7,288,532|6,915,699| ## |As at 31 De|cember|2021|||||| |---|---|---|---|---|---|---|---| ||||||2021||2020| ||||Note||||E| |Fixed assets|||||||| |Tangible assets|||14||3,032||3,248| |Investments|||15||7,177,149||6,845,306| ||||||7,180,181||6,848,554| |Current assets|||||||| |Debtors|||16|2,057||11,242|| |Cash at bank||||158,079||139,459|| |||||160,136||150,701|| |Creditors:|amounts|falling due within one year|17|(51,785)||(83,556)|| |Net current|assets||||108,351||67,145| |Net assets|||||7 288 532||6 915,699| |Charity Funds|||||||| |Restricted funds|||18||||| |Unrestricted|funds||18||7,288,532||6,915,699| |Total funds|||||7288 532||6,915,699| ## ||||Note|2021||2020| |---|---|---|---|---|---|---| |Net cash used in operating
activities|||22|~166,006||(720,332| |Cash flows from investing
activities||||||| |Interest and dividends
Purchase
oftangible
fixed assets
Proceeds from sale oftangible
fixed assets||||197,747
(1,118)||172,938
(2,121)| |Proceeds from sale of investments
Purchase
of investments||||3,579,385
(3,591,388)||6,906,308
(6,514,278)| |Cash provided
by (used in) investing||activities||184,626||562,847| |Increase (decrease)
in cash and cash||||||| |equivalents
in the year||||18,620||(157,485)| |Cash and cash equivalents
at the|beginning||ofthe year|139,459||296,944| |Total cash and cash equivalents|at the end ofthe year|||158,079||139,459| |Analysis ofchanges
in net debt||||||| |||||At 31Jan||At 31 Dec| |||||2021|Gashflows|2021| |||||||E| |Cash and cash equivalents||||||| |Cash||||139,459|18,620|158,079| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3|Donations
and Le|gacies||||||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted||Restricted|Total|Total| |||||funds||funds|funds|funds| |||||2021||2021|2021|2020| ||||||F|E|E|F| ||||Note|||||| ||Grants
Donated services and facilities||4
5|34,191||23,470|23,470
34,191|23,470
31,350| |||||34,191||23,470|57,661|54,820| ||All ofthe donations|and legacies|income was unrestricted||in|2021 and 2020.||| |4|Grants|||||Restricted
funds|Total
funds|Total
funds| |||||||2021|2021|2020| |||||||||F| ||Army Apprenticeship
REA Grant|Fund||||23,470|23,470|23,470| |||||||23,470|23,470|23,470| |5|Donated services and facilities|Donated services and facilities|Total
funds|Total
funds| |---|---|---|---|---| ||||2021|2020| ||||E|F| ||Administrative|salaries|34,191|31,350| |6|Investment|Income|||Total|Total| |---|---|---|---|---|---|---| ||||||funds|funds| ||||||2021|2020| ||||||E|F| ||Dividends
Bank interest||||197,716
31|172,849
89| ||||||197747|172938| ||All ofthe investment||income was unrestricted|in 2021 and 2020.||| ## ||||Direct|Support||| |---|---|---|---|---|---|---| ||||costs|costs|Total|Total| ||||2021|2021|2021|2020| |||Note||E|f.|E| |Training
Development|programme|8
9|113,239|99,388
119,524|212,627
119,524|203,860
126,152| |Registration
and
certification fees
Health 8 safety testing
Tuition costs||10
11|165,009
986|18,555|165,009
986
18,555|90,715
735
16,974| |Investment
fees|management||20,062
299296|237,467|20,062
536,763|16,112
454,548| ## |Notes to the financial statements|Notes to the financial statements|Notes to the financial statements||| |---|---|---|---|---| |For the year ended 31 December 2021||||| ||||Total|Total| |8 Training|||Funds|Funds| ||||2021|2020| |Direct Costs||||| |Continuous
personal
development
Professional
Recognition
Award|||103,227
7,240|100,125
8,889| |Training
Development
Continuous
personal|Programme
development||2,772|1,024
(9,032)| ||||113,239|101,006| |Support costs||||| |Depreciation
of fixed
Marketing
8,website|assets||1,334|1,111
198| |Legal and professional|fees|||708| |Insurance|||467|503| |IT support
& equipment
Stationery|||2,321
200|1,043
111| |Postage and telephone|||104|162| |Photocopier|||291|258| |Bank charges|||1|20| |Travel and subsistence|||472|460| |Miscellaneous
costs|||42|123| |Hospitality|||46|113| |Staff costs
Donated services and|facilities - admin salaries||82,713
11,397|87,594
10,450| ||||99,388|102854| ||||212,627|203,860| |Notes to the financial statements|Notes to the financial statements|||||| |---|---|---|---|---|---|---| |For the year ended 31 December 2021|||Unrestricted|Restricted|Total|Total| |9 Development
programme|||funds
2021|funds
2021|Funds
2021|Funds
2020| |Direct costs||||||| |Training
Development|Programme|||25,493|25,493|25,213| |||||25,493|25,493|25,213| |Support costs||||||| |Marketing
&website
Insurance
IT support
8 equipment
Stationery
Postage and telephone
Subscriptions
Photocopier
Bank charges
Travel and subsistence
Miscellaneous
costs
Hospitality
Communications
Hub
Staff costs
Donated services and|grant
facilities|- admin salaries|482
2,391
207
107
249
300
487
43
47
26,200
52,120
11,397||482
2,391
207
107
249
300
1
487
43
47
26,200
52,120
11,397|203
517
1,075
115
167
249
266
20
475
126
117
26,250
60,909
10,450| ||||94,031||94,031|100,939| ||||94,031|25,493|119,524|126,152| |10 Registration
and certification||fees|||2021|2020| ||||||E|E| |Direct costs||||||| |Registration
Certification|||||141,638
23,371|68,789
21,927| ||||||165,009|90,716| ## |or the year ended 31 De|cember|2021||| |---|---|---|---|---| ||||Total|Total| |11 Tuition costs|||Funds|Funds| ||||2021|2020| |Support costs||||| |Audit fee
Marketing
&website|||3,179|3,498
198| |Insurance|||467|503| |IT support
& equipment
Stationery|||2 321
200|1,043
111| |Postage and telephone|||104|162| |Photocopier
Fees and Licences|||291
35|258
35| |Bank charges|||1|20| |Travel and subsistence|||472|460| |Miscellaneous
costs|||42|123| |Hospitality|||46|113| |Donated services and|facilities|- admin salaries|11,397|10,450| ||||18,555|16,974| |12 Net income /(expenditure)||||| |This is stated after charging:||||| ||||2021|2020| |Depreciation
oftangible|fixed assets:|||| |- owned
by the charity
Auditor's
remuneration|||1,334
3,179|1,111
3,498| ## |Staff costs were as follows:||| |---|---|---| ||2021|2020| ||E|F| |Wages and salaries
Social security costs
Other pension costs|118,645
6,963
9,226|130,638
8,671
9,194| ||134,834|148,503| |2021|2020| |---|---| |No.|| |Direct charitable|employment|| |---|---|---| |Management
and|administration|of the charity| |Notes to the financial statements
For the year ended 31 December 2021||| |---|---|---| |||Computer| |||and Office| |14 Tangible fixed assets||Equipment| |Cost||| |At 1 January 2021
Additions
Disposals||23,910
1,118| |At 31 December 2021||25,028| |Depreciation||| |At 1 January 2021
Charge for the year
On disposals||20,662
1,334| |At 31 December 2021||21,996| |Net book value||| |At 31 December 2021||3,032| |At 31 December 2020||3,248| |15 Fixed asset investments||| |||Listed| |||securities| |Ilarket value||| |At 1 January 2021
Additions
Revaluations
Disposals||6,845,306
3,591,388
319,840
(3,579,385)| |At 31 December 2021||7,177,149| |Historical cost||6,597,682| |Investments
at market value comprise:||| ||2021|2020| |Listed investments|7,177,149|6,845,306| |16 Debtors|||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2021f|2020f| |Trade debtors
Other debtors||||||||1,969
88
2057|11,242
11242| |17 Creditors:
amounts|falling due|within one year|||||||| |||||||||2021f|2020f| |Trade creditors
Accruals and deferred|income|||||||5,826
45,959
51,785|5,071
78,485
83,556| |18Statement offunds|||||||||| |Current year||Brought
forward
f|Income
f|Expenditure|Transfers
In/(Out)||f|Gains/
(Losses)f|Carried
forwardf| |Unrestricted
funds|||||||||| |Unrestricted
income|fund|6,915,699|23'I,938|511,270||2,023||654,188|7,288,532| |Restricted funds|||||||||| |Army Apprenticeship|Fund||23,470|25,493)||2,023|||| |Total offunds||6,915,699|255,408|536,763||||654,188|7,288,532| |Prior year||Brought
forward
f|Income
f|Expenditure|f|Transfers
In/(Out)
f||Gains/
(Losses)
f.|Carried
forwardf| |Unrestricted
funds|||||||||| |Unrestricted
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 offunds||7,407,977|227,758|454,548||||265,488|6,915,699| ## ## |Analysis of net assets between
funds|||| |---|---|---|---| |Current year|Unrestricted|Restricted|Total| ||funds|funds|funds| ||2021|2021|2021| |Tangible
fixed assets
Fixed asset investments
Current assets
Creditors due within one year|3,032
7,177,149
160,136
(51,785)||3,032
7,177,149
160,136
(51,785)| ||7,288,532||7,288 532| |Prior year|Unrestricted|Restricted|Total| ||funds|funds|funds| ||2020|2020|2020| |Tangible
fixed assets
Fixed asset investments
Current assets
Creditors due within one year|3,248
6,845,306
150,701
(83,556)||3,248
6,845,306
150,701
(83,556)| ||6,915,699||6915,699| ## ## |22|Reconciliation
of net movement
in funds|to net||| |---|---|---|---|---| ||cash flow from operating
activities.||Total|Total| ||||funds|funds| ||||2021|2020| ||Net movement
in funds
Add back depreciation
charge
Deduct interest income shown
in investing|activities|372,833
1,334
(197,747)|(492,278)
1,111
(172,938)| ||Deduct gains
/ add back losses on investments
Decrease (increase)
in debtors
Increase (decrease)
in creditors||(319,840)
9,185
(31,771)|(106,572)
14,883
35,462| ||Net cash used in operating
activities||166006|720,332|