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|||Page||
|---|---|---|---|
|Reference and administrative
details||||
|Report ofthe trustees|2|to|4|
|Report ofthe independent
auditors|5|to|7|
|Statement offinancial activities||||
|Balance sheet||||
|Cash tlow statement||10||
|Notes to the cash flow statement||||
|Notes to the financial statements|12|to|18|
|Detailed statement offinancial activities|19|to|20|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||||4,500|4400|4,500|
|Charitable
activities|||||||
|Direct charitable
activities|||1,182,682||1,182,682|799,103|
|Investment
income|||112||112|400|
|Total|||1,182,794|4,500|1,187494|804,003|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Direct charitable
activities|||908i154|13)500|921)654|964,859|
|NET INCOME/(EXPENDITURE)|||274,640|(9,000)|265,640|(160,856)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||1,0029450|91000|1,011,450|1,172,306|
|TOTAL FUNDS CARRIED FORWARD|||1477,090||1477,090|1,011,450|
##
|||||20?2|2021|
|---|---|---|---|---|---|
|||Unrestrrcted|Restricted|Total|Total|
|||fund|funds|fuads|funds|
||Notes|f||5|f.|
|FIXEDASSETS||||||
|Intangible
assets
Tmtgible assets|12
13|1971I
~9593||19,711
~9593|I
~14382|
|||||29404|14,383|
|CURRENT ASSETS||||||
|Debtors|14|583161||58,861|189,517|
|Prepayments
and accrued income
Cash at bank||79,975
~1218,494||79,975
~II8&494|~932678|
|||1457&330||1457&330|1,122,195|
|CREDITORS||||||
|Amounts
falling duc within one year|15|(109,544)||(109,544)|(125,128)|
|NET CURRENT ASSETS||~1247786||~147786|~997067|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,277,090||1,277,090|1,011,450|
|NET ASSETS||~177090|-|~I&277090|~1,011450|
|FUNDS|17|||||
|Unrestricted
lbnds
Restricted
funds||||I&277&090|1,002,450
~9000|
|TOTAL FUNDS||||~1277t)90|~1011,450|
##
|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|||
|Cash Bows from operating|activities|||||
|Cash generated
from operations|||1|307,716|(142,169)|
|Net cash provided
by/(used|in) operating||activities|307,716|(142,169)|
|Cash Bows from investing|activities|||||
|Purchase ofintangible
fixed|assets|||(21800)||
|Net cash (used in)/provided|by investing||activities|(21,900)||
|Change in cash and cash equivalents||in||||
|the reporting
period
Cash and cash equivalents|at the|||285,816|(142,169)|
|beginning ofthe reporting|period|||932,678|1,074,847|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||IQI8,494|932,678|
##
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||8||
|Net income/(expenditure)|||for the reporting||period (as per the||||
|Statement offinancial activities)|||||||265,640|(160,856)|
|Adjustments|for:||||||||
|Depreciation|charges||||||6,979|7,180|
|Decrease/(increase)||in debtors|||||50,681|(48,957)|
|(Decrease)/increase||in creditors|||||(15484)|60,464|
|Net cash provided||by/(used||in) operations|||307,716|(142,169)|
|ANALYSIS|OFCHANGES|||IN NET FUNDS|||||
|||||||At 1.4.21|Cash flaw|At31.3.22|
|Net cash|||||||||
|Cash at bank||||||932,678|285,816|1418,494|
|||||||932,678|285,816|1418,494|
|Total||||||932,678|285,816|1418,494|
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##
|||2022|2021|
|---|---|---|---|
|Grants||4/00|4,500|
|Grants received, included|in the above, are as follows:|||
|||2022|2021|
|||K||
|Find aFuture||4,500|4,500|
##
##
##
|INVESTM|ENT|INCOME||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||||f,|
|Investment|income|||||112|400|
|INCOME FROM CHARITABLE ACTIVITIES||||||||
|||||||2022|2021|
|||||Activity||||
|Licence Fees Received|||Direct|Charitable|Activities|355,653|232,508|
|Marking|||Direct|Charitable|Activities|787,430|525,225|
|Assessor training||fees|Direct|Charitable|Activities|32,860|34,620|
|Replacement|Certificates tk monitoring||Direct|Charitable|Activities|6,739|6,750|
|||||||1,182,682|799,103|
##
##
|||||Support||
|---|---|---|---|---|---|
||||Direct|costs (see||
||||Costs|note 6)|Totals|
|Direct|charitable|activities|916,674|4,980|921,654|
##
|||||Governance||
|---|---|---|---|---|---|
||||Finance|costs|Totals|
|Direct|charitable|activities|413|4467|4,980|
##
##
|||2022|2021|
|---|---|---|---|
|Auditors'|remuneration|4467|4,533|
|Depreciation
-owned assets||4,789|7,179|
|Computer|solbvare
amortisation|2,190||
##
##
##
|STAF|F COSTS|||
|---|---|---|---|
|||2022|2021|
|Wages|and salaries|69,532|87,582|
|Other|pension costs|5)179|6,006|
|||74,711|93,588|
||||2022|2021|
|---|---|---|---|---|
|Average|number|ofemployees|2|3|
##
||NOTES TOTHE FINANCIAL STATEMENTS - continued
for the year ended 31March 2022|NOTES TOTHE FINANCIAL STATEMENTS - continued
for the year ended 31March 2022|||
|---|---|---|---|---|
|10.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES||||
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
||INCOME AND ENDOWMENTS FROM||||
||Donations
and legacies||4,500|4,500|
||Charitable
activities||||
||Direct charitable
activities|799,103||799,103|
||Investment
income|400||400|
||Total|799,503|4,500|804,003|
||EXPENDITURE ON||||
||Charitable
activities||||
||Direct charitable
activities|964,859||964,859|
||NET INCOME/(EXPENDITURE)|(165,356)|4,500|(160,856)|
||RECONCILIATION
OF FUNDS||||
||Total funds brought
forward|1,167,806|4,500|1,172,306|
||TOTAL FUNDS CARRIED FORWARD|1,002,450|9,000|1,011,450|
|11.|COMMITMENTS
AND CONTINGENCIES||||
##
|INTANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Intellect|||
||Property|||
||Rights|Computer||
||Cost|soihvare|Totals|
||6|6||
|COST||||
|At I April 2021|68,949||68,949|
|Additions||21,900|21,900|
|At 31March 2022|68,949|21,900|90)849|
|AMORTISATION||||
|At 1 April 2021|68,948||68,948|
|Charge for year||2,190|2,190|
|At 31March 2022|68,948|2,190|71,138|
|NET BOOK VALUE||||
|At 31March 2022||19,710|19,711|
|At 31March 2021||||
##
##
|13.|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
||||Computer||
|||Equipment|software|Totals|
|||5|5|5|
||COST||||
||At 1 April 2021 and 31March 2022|88,836|331083|420,119|
||DEPRECIATION||||
||At 1 April 2021|78,581|327,156|405,737|
||Charge for year|3,415|1474|4,789|
||At 31March 2022|81,996|328,530|410,526|
||NET BOOKVALUE||||
||At 31March 2022|6,840|2,753|9493|
||At 31March 2021|10,255|4,127|14,382|
|14.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||Trade debtors||34,683|134,557|
||Other debtors||19,542|27,847|
||TESP|||27,113|
||VAT||4,636||
||||58,861|189,517|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2022|2021|
||||8||
||Trade creditors||31,578|21,960|
||Social security and other taxes||1)821|1,822|
||VAT|||2,582|
||Other creditors||12461|10,105|
||Accruals and deferred income|||28,753|
||Accrued expenses||63)884|59,906|
||||109,544|125,128|
##
##
||Minimum
lease|Minimum
lease|payments|under|non-cancellable|operating|leases fall due as follows:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||8||
||Within one year||||||||13,950|
|17.|MOVEMENT||IN FUNDS|||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.4.21|in funds|31.3.22|
||Unrestricted|funds||||||||
||General fund||||||1,002,450|274,640|1)277)090|
||Restricted funds|||||||||
||SkillElectric||||||9,000|(9,000)||
||TOTAL FUNDS||||||1,011,450|265,640|1877,090|
||Net movement|in funds,||included
in the above||are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||Unrestricted|funds||||||||
||General fund||||||1,182,794|(908,154)|274,640|
||Restricted funds|||||||||
||SkillElectric||||||4400|(13400)|(9,000)|
||TOTAL FUNDS||||||1,187,294|(921,654)|265)640|
||Comparatives||for movement||in funds|||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.4.20|in funds|31.3.21|
||Unrestricted|funds||||||||
||General
fund||||||1,167,806|(165,356)|1,002,450|
||Restricted
funds|||||||||
||SkillElectric||||||4,500|4,500|9,000|
||TOTAL FUNDS||||||1,172,306|(160,856)|1,011,450|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||g|||
|Unrestricted|funds||||
|General
fund||799,503|(964,859)|(165,356)|
|Restricted funds|||||
|SkillElectric||4,500||4,500|
|TOTAL FUNDS||804,003|(964,859)|(160,856)|
##
##
|for the year ended 31|March 2022||
|---|---|---|
||2022|2021|
||5||
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Grants|4400|4,500|
|Investmeat
income|||
|Investment
income|112|400|
|Charitable
activities|||
|Licence Fees Received|355,653|232,508|
|Marking|787,430|525,225|
|Assessor training
fees|32,860|34,620|
|Replacement
Certificates &monitoring|6,739|6,750|
||1,182,682|799,103|
|Total incoming
resources|1,187,294|804,003|
|EXPENDITURE|||
|Charitable
activities|||
|Wages|69,532|87,582|
|Pensions|5,179|6,006|
|Assessment
Costs|58,056|97,556|
|Office costs|30422|32,488|
|Travel and meeting costs|2,989|1,072|
|Assessor conference|10,608||
|Marketing
and website costs|34,987|35,368|
|Legal fees|2,952|10,106|
|Professional
fees|96474|80,864|
|Rent and rates|12,913|32,814|
|Bad debts||901|
|SkillElectric project &event|28,939|20,794|
|TESPproject|23429|13,555|
|FESSproject|94,981|82,655|
|Other projects|53,846|24,088|
|Technical consultants|361,546|407,621|
|Project consultants|23442|19,498|
|Computer
software|2,190||
|Depreciation ofequipment|3,415|5,120|
|Depreciation ofsoftware|1474|2,060|
||916,674|960,148|
|Support costs|||
|Finance|||
|Bank charges|413|178|
##
||for the year end|ed 31March 2022||
|---|---|---|---|
|||2022|2021|
||||6|
|Finance||||
|Governance|costs|||
|Auditors'
remuneration||4467|4,533|
|Total resources|expended|921,654|964,859|
|Net income/(expenditure)||265,640|(160,856)|