##
##
##
##
|the year-end
are|as follows:||||
|---|---|---|---|---|
|NOCN Trustees'|and Directors:||||
|Chair|David Gareth Jones||||
|Vice Chair|Alison Duckles CBE||(nee Lamplough)**||
|Trustees|Seb Schmoller||(Resigned|25October 2021)|
||John Fuller||(Resigned|11July 2022)|
||Kay Dickinson||||
||Peter Wallwork*||(Resigned|22 August 2022)|
||Leckraz Boyjoonauth||(Resigned|26 May 2022)|
||Corrina
Hembury||||
||Michelle Elliott*||(Resigned|31 July 2022)|
||Adrian Toomey||||
||Fiona Macaskill||(Appointed|23September 2021)|
||Lucy Hunte||(Appointed|11January 2022)|
||Stephen Evans||(Appointed|1 August 2022)|
||Nicola Davis||(Appointed|7 November 2022)|
||David Wilkins||(Appointed|18January 2023)|
|Secretary|Sarah Standeven||||
|*Trustees are also cunent orpast trustees ofOne Awards
**Trustee is a/so a trustee and Chair ofNOCN Job Cards|||||
|One Awards Trustees'
and Directors:|||||
|Chair|David Balme||||
|Trustees|Leslie Woodward||||
||Andrew
McHale||||
||Jane Oswald||||
||Michelle
Elliott||||
||John Rees||||
||Peter Wallwork|(Resigned 31||July 2022)|
||Doug Balderston|(Resigned 15||June 2022)|
|Secretary|Dawn Rush||||
|NOCN Job Cards|Trustees'
and Directors||||
|Chair|Alison Duckles CBE||(nee Lamplough)||
|Trustees|Graham
Hasting-Evans||||
||Kevin Minton||(Resigned 13December 2022)||
||Trevor Gamble MBE||(Resigned 13 December 2022)||
||David Mosley||||
##
##
|||Dr Suni|l Abrol|l Abrol|l Abrol|l Abrol|l Abrol|l Abrol|
|---|---|---|---|---|---|---|---|---|
|Key Management||Personnel|- NOCN Group Senior Leadership
Team in 2021/22:||||||
|Chief Executive Graham
Hasting-Evans|||||||||
|Group|Executive|Director (Finance & Governance|||||& Deputy CEO) Simon Renny||
|Group|Director (Awarding
Organisation)|||Mark Buckton (resigned 31 March||||2022)|
|Group|Director (Awarding
Organisation)|||Paul Johnson (appointed 23 May 2022)|||||
|Group|Director (One Awards,||International||8 Culture) Fabienne
Bailey (left|||31 December|
|2021)|||||||||
|Group|Director (Apprenticeships)
Thomas Burton (left 17February 2023)||||||||
|Group|Director (Business Development)|||Louise Allen|||||
|Group|Director (Job Cards) Carl Hassell||||||||
|Group|Director (Digital Delivery and Improvement)||||||Gareth Cutts||
|Reference and administrative|||details||||||
|Charity|Number:||NOCN:||||1079785||
||||One Awards:||||1087530||
||||Job Cards:||||1182053||
|Company
number:|||NOON:||||03829217||
||||One Awards:||||04042215||
||||Job Cards:||||11634699||
|NOON|Registered|office:|Acero Building,|||1 Concourse
Way, Sheaf Street, Sheffield, S1|||
||||2BJ.||||||
|Our Advisers|||||||||
|Bank||National|Westminster|||Bank|Pic
7 Market Place,||
|||(NOCN|& NOCN Job|||Cards)|Derby, DE1 9DS||
|||Yorkshire
Bank|||||7 Linthorpe
Road||
|||(One Awards)|||||Middlesbrough||
||||||||TS1 1RF||
|Solicitors||Andrew|Holland
Law||Limited||Suite 2, The Bakery||
||||||||Millennium
Business Park||
||||||||Steeton, Keighley||
||||||||West Yorkshire,|BD206RB|
|Auditors||Armstrong
Watson||Audit Limited
Thornfield
Business Park|||||
||||||||Northallerton||
||||||||DL6 2XQ||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||2022|2021|
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||Funds|Funds|
||Notes|6||
|Incoming
resources||||
|Grants and Donations||102,892|55,582|
|Charitable
activities||15,238,616|14,699,553|
|Total incoming resources||15,341,508|14,755,135|
|Resources expended||||
|Charitable
activities|3,4|14,941,136|11,891,243|
|Total resources expended||14,941,136|11,891,243|
|Net movement
in funds before other
aine/ losses||400,372|2,863,892|
|Other recognised
gains/(losses)|22|1,807,203|873,076|
|Net movement
in funds after other gains/(losses)|27|2,207,575|3,736,968|
|Total funds brought
forward||2,133,410|(1,603,558)|
|Total funds carried forward|20|4,340,985|2,133,410|
##
##
||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Unrestricted|
||||||||||Funds|Funds|
|||||||||Notes|6||
|Fixed assets|||||||||||
|Intangible
assets||||||||11|5,574,328|6,463,961|
|Tangible assets||||||||12|249,666|279,522|
|Total fixed assets|||||||||5,823,994|6,743,503|
|Current assets|||||||||||
|Debtors||||||||14|2,273,028|3,273,741|
|Stock||||||||15|20,176|72,246|
|Cash at bank and|in hand|||||||26|1,343,673|1,980,279|
|Total current assets|||||||||3,636,877|5,326,268|
|Current liabilities|||||||||||
|Creditors: Amounts|falling||due within|one year||||16|(4,269,886)|(5,399,731)|
|Net current (liabilities)|||||||||(633,009)|(73,464)|
|Total assets less|current||liabilities||||||5,190,985|6,670,039|
|Creditors: Amounts|falling||due after|more than|one year|||16|(850,000)|(1,927,629)|
|Net assets excluding||defined benefit pension||||plan|liability||4,340,985|4,742,410|
|Defined benefit pension|||plan liability|||||21||(2,609,000)|
|Net assets I (liabilities)
lan liabilit|||including|defined|benefit||pension||4,340,985|2,133,410|
|Represented
by:|||||||||||
|General funds/(deficit)||||||||20|4,340,985|2,133,410|
|Total funds|||||||||4,340,985|2,133,410|
##
|||||2022 Unrestricted
Funds|2021
Unrestricted
Funds|
|---|---|---|---|---|---|
||||Notes||f|
|Fixed assets||||||
|Intangible assets|||11|3,395,720|3,674,305|
|Tangible assets|||12|224,102|240,444|
|Investments|||13|99|g9|
|Total fixed assets||||3,619,921|4,114,848|
|Current assets||||||
|Debtors|||14|3,349,706|3,454,044|
|Stock|||15|16,692|18,189|
|Cash at bank and in hand||||1,040,070|962,561|
|Total current assets||||4,406,468|4,434,794|
|Current liabilities||||||
|Creditors: Amounts|falling|due within one year|16|(3,287,842)|(3,635,026)|
|Net current assets|I(liabilities)|||1,118,626|799,768|
|Total assets less current||liabilities||4,738,547|4,914,616|
|Creditors: Amounts|falling|due after more than one year|18|(850,000)|(1,150,000)|
|Total net assets||||3,888,547|3,764,616|
|Represented
by:||||||
|General funds|||20|3,888,547|3,764,616|
|Total funds||||3,888,547|3,764,616|
##
|Consolidated
Stateme|nt o|nt o|f|C|ash|Flows||||
|---|---|---|---|---|---|---|---|---|---|
|For the financial year ended 31 July|2022|||||||||
||||||||2022||2021|
||||||||6||5|
|Cash flows from o eratin
activities||||||||||
|Net cash
rovidedb
o cretin
activities|||||||3,177,894||3,282,205|
|Cash flows from investing
activities||||||||||
|Purchase of intangible
fixed assets|||||||(305,515)||(218,413)|
|Fair Value Assessment
of intangible|assets||||||26,689|||
|Payments
made to CITB in respect ofpurchase||||of|Cskills||(2,800,000)||(1,743,536)|
|Disposal ofOne Awards cash balance|||||||(385,021)|||
|Purchase oftan
ible fixed assets|||||||50,654||30,803|
|Net cash used in investin
activities|||||||3,514,500||1,992,752|
|Cash flows from financing
activities||||||||||
|New bank loans||||||||||
|Re a ment of Bank Loan|||||||300,000||50,000|
|Net cash
used
in / enerated
from financin|||activities||||300,000||50,000|
|Chan
es in cash and cash e uivalents||in the||ear|||(636,606)||1,239,453|
|Cash and cash e uivalents
at the be||innin|of|the|ear||1,980,279||740,826|
|Cash and cash e uivalents
at the end||ofthe|ear||||1,343,673||1,980,279|
|Reconciliation
of net movement
in|funds before||||other|gains/(losses)|to net cash flow from|/ (used in)||
|operating
activities||||||||||
|Net movement
in funds
in the period
activities|as per the statement|||||offinancial|400,372||2,863,892|
|Adjustments
for:||||||||||
|Depreciation
and amortisation|||||||1,206,559||1,133,510|
|Loss on Disposal offixed assets|||||||5,812||3,141|
|(Increase)
/ decrease
in stock|||||||52,072||(28,390)|
|(Increase)
/ decrease
in debtors|||||||1,000,714||(519,075)|
|(Decrease)
/ increase
in creditors|||||||892,526||(325,873)|
|One Awards'
net surplus
in 2021-2022|||||||(525,161)|||
|One Awards
Defined Benefit Pension||Fund —Service Cost|||||145,000||155,000|
|Net cash provided
by operating
activities|||||||3,177,894||3,282,205|
|There is no change to the bottom
line||and the overall net||||current assets|and assets position
remains||unchanged
as|
|a result ofthese restatements.||||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
|1.
Incomin|g resou|r|ces from government
gr|ants||||
|---|---|---|---|---|---|---|---|
|||||||2022f|2021
8|
|Government|Furlou|h|Funds|||102,892|55,582|
|Total||||||102,892|55,582|
|ll incoming resources|||from grants and donations|were unrestricted.||||
|2. Incoming|resources from charitable|||||||
|activities||||||||
||||||2022||2021|
||||||8||8|
|Awarding
Organisation|||and Endpoint|||||
|Assessment|||||10,841,175||10,265,467|
|NOCN Job Cards (CPCS &CISRS)|||||3,625,577||3,753,768|
|One Awards|||||674,690||618,442|
|NOCN
India|Skills Foundation||||97,174||61,876|
|Total|||||15,238,616||14,699,553|
##
|charitable a|ctivities|Summary
by fund typ|e||||
|---|---|---|---|---|---|---|
||||Unrestricted|Funds|Total Funds|Total Funds|
|||||2022|2022|2021|
|||||8|5|8|
|Awarding
organisation||and end point|||||
|assessment|||10,253,073||10,253,073|7,436,599|
|Governance||||275,470|275,470|179,426|
|NOCN Job Cards (CPCS &CISRS)|||2,299,008||2,299,008|2,515,769|
|One Awards||||801,721|801,721|572,583|
|NOCN india|Skills Foundation|||102,154|102,154|53,356|
|De reciation|&Amortisation||1,209,710||1,209,710|1,133,510|
|Total|||14,941,136||14,941,136|11,891,243|
##
|||||Activities|||
|---|---|---|---|---|---|---|
|||||undertaken
directly|Support
costs|2022|
||||||f|6|
|Awarding
Organisation
Governance|||and Endpoint Assessment|8,138,268|2,114,805
275,470|10,253,073
275,470|
|NOCN Job Cards
One Awards||(CPCS &CISRS)||2,124,594
480,359|174,414
321,362|2,299,008
801,721|
|NOCN|India Skills|Foundation||102,154||102,154|
|Grou|Amortisation|&|De reciation||1,209,710|1,209,710|
|Total||||10,845,375|4,095,761|14,941,136|
|||||Activities|||
|||||undertaken|Support||
|||||directly|costs|2021|
|||||K|8||
|Awarding
Organisation|||and Endpoint Assessment|6,573,421|863,178|7,436,599|
|Governance|||||179,426|179,426|
|NOCN|Job Cards|(CPCS &CISRS)||1,925,398|590,371|2,515,769|
|One Awards||||322,000|250,583|572,583|
|NOON|India Skills|Foundation||53,356||53,356|
|Grou|Amortisation|&|De reciation||1,133,510|1,133,510|
|Total||||8,874,175|3,017,068|11,891,243|
##
|||2022|2021|
|---|---|---|---|
|||8|f|
|Meeting|costs|5,507|6,292|
|Expenses
paid to trustees|||205|
|Legal Costs||44,460||
|Internal|audit fees|15,400|20,125|
|External|audit fees|20,990|30,242|
|Mana
ement costs||189,113|122,562|
|Total||275,470|179,426|
##
|Net inco
charging:|ming
resources
for the|y|ear are arrived
at after|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E||
|Depreciation||||215,866|99,858|
|Amortisation||||993,844|1,033,652|
|External|audit fees|||20,990|30,000|
|Operating|lease in respect of buildings|||327,779|346,635|
|0 eratin|lease in res ect ofe|ui|ment and cars|21,505|59,955|
##
||2022|2021|
|---|---|---|
|Staff||E|
|Wages and salaries|6,249,528|5,108,840|
|Social security costs|645,063|490,413|
|Pension costs|708,391|575,748|
|Total|7,602,982|6,175,001|
|he number
of employees
whose emoluments
as d
he year was as follows:|efined
for taxation
purposes
amount
to E60|,000 or more
|
|---|---|---|
||2022|2021|
|Staff|number|number|
|E60,000 to E69,999|||
|E70,000 to E79,999|||
|E80,000 toE89,999|||
|E90,000 to E99,999|||
|E100,000to E109,999|||
|E170,000to E179,999|||
|E180,000to E189,999|||
|E210,000to E219,999|||
##
|Staff|||||||||
|---|---|---|---|---|---|---|---|---|
|The average|||number|ofstaff analysed||by function was:|||
||||||||2022|2021|
||||||||Number|Number|
|Charitable||activities|||||119|119|
|Mana|ement||and administration||ofthe|charit|40|36|
|Total|||||||159|155|
|averag|e o|
ver the year, analysed|
by function was:|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||Number|Number|
|Charitable||activities||83|29|
|Mana|ament and administration||ofthe charit|||
|Total||||83|29|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||8|8|
|Travel and subsistence|||||||
|Other||||||205|
|Total||||||205|
||||||2022|2021|
||||||number|number|
|Travel and subsistence|||||||
|Total|||||||
|9.Auditor remuneration|||||||
||||||2022|2021|
||||||8|8|
|External audit|ofGroup|I Parent company|||14,995|17,400|
|External audit|of NOCN|Job Cards|(Subsidiary)||5,995|6,900|
|External audit|ofOne Awards (Subsidiary)|||||5,700|
|External audit|of NOCN|India Skills|Foundation|(Subsidiary)||242|
|Other non-audit|work carried out b||auditor|||4,500|
|Total|||||20,990|34,742|
##
##
|||Software|Goodwill|Software|Goodwill —|Goodwill-||
|---|---|---|---|---|---|---|---|
|Group||Dev|-Cskills|Dev|CPCS|One Awards|Total|
|||||NOON|NOON Job|||
|Entity||NOCN|NOCN|Job Cards|Cards|Group||
|||E,||||||
|Cost Ivaluation||||||||
|At beginning
of|year|374,805|6,013,099|204,980|3,316,348|183,183|10,092,415|
|Additions||256,282|8,690|40,543|||305,515|
|Impairment|||||(26,689)||(26,689)|
|Dis osal||||||183,183|183,183|
|At end of ear||631,087|6,021,789|245,523|3,289,659||10,188,058|
|Amortisation||||||||
|At beginning
of|year|108,358|2,405,241|37,435|967,472|109,911|3,628,417|
|Charge for the year||93,864|649,693|44,152|307,515|36,636|1,131,860|
|Dis osal||||||146,547|146,547|
|At end of ear||202,222|3,054,934|81,587|1,274,987||4,613,730|
|Net book value|at|||||||
|31Jul
2022||428,865|2,966,855|163,936|2,014,672||5,574,328|
|Net book value|at|||||||
|31 Jul
2021||266,447|3,607,85|167,535|2,348,869|73,272|6,463,981|
|||||Software|Goodwill-|||
|Company||||Dev||Cskillsf|Total|
|Cost Ivaluation||||||||
|At beginning
ofyear
Additions||||374,805
256,282|6,013,099
8,690||6,387,904
264,972|
|At end of ear||||631,087|6,021,789||6,652,876|
|Amortisation||||||||
|At beginning
ofyear
Char e for the
ear||||108,358
93,864|2,405,241
649,693||2,513,599
743,557|
|At end of ear||||202,222|3,054,934||3,257,156|
|Net book value|at 31Jul|2022||428,865|2,966,855||3,395,720|
|Netbookvalue
at31 Jul||2021||266,447|3,607,858||3,874,305|
##
|||Computer|Fixtures||
|---|---|---|---|---|
|Group||equipment|and fittingsf|Total|
|Cost|||||
|At beginning
ofyear||343,737|383,334|727,071|
|Additions||46,082|4,572|50,654|
|Dis osals||84,372|395|84,767|
|At end of ear||305,447|387,511|692,958|
|Depreciation|||||
|At beginning
ofyear||288,443|159,105|447,548|
|Charge for the year||35,913|38,786|74,699|
|Dis osals||78,946|9|78,955|
|At end of ear||245,410|197,882|443,292|
|Net book value at 31Jul|2022|60,037|189,629|249,666|
|Net book value at 31 Jul|2021|55,294|224,229|279,523|
|||Computer|Fixtures||
|Company||equipment|and fittings|Total|
|Cost|||||
|At beginning
ofyear||296,659|350,896|647,555|
|Additions||46,082|4,572|50,654|
|Dis oasis||59,640||59,640|
|At end of ear||283,101|355,468|638,569|
|Depreciation|||||
|At beginning
ofyear||253,981|153,130|407,111|
|Charge for the year||30,678|35,582|66,260|
|Dis peals||58,904||58,904|
|At end of ear||225,755|188,712|414,467|
|Net book value at 31Jul|2022|57,346|166,756|224,102|
|Net book value at 31 Jul|2021|42,678|197,766|240,444|
##
##
|he following were subsidiary
unde|rtakings
of NOON:|||
|---|---|---|---|
|Name|Country of|Class ofShares|Holding|
||Incor oration|||
|NOCN India Skills Foundation|India|Ordinary|gg%|
|NOON Job Cards|UK|N/A|Majority Voting Rights Control|
|One Awards|UK|N/A|Majority Voting Rights Control|
##
|sidiary
und|ertaking
|were as|follo|ws:||
|---|---|---|---|---|---|
|Aggregate|ofshare|capital|and|reserves|Profit/(Loss)|
|||||8||
|||||15,720|(4,980)|
##
|14.Debtors||||
|---|---|---|---|
|Group||2022|2021|
|Trade debtors||1,867,390|2,988,161|
|Pre a ments|and accrued income|405,638|285,580|
|Total||2,273,028|3,273,741|
|Company||2022|2021|
||||8|
|Trade debtors||1,454,820|1,982,543|
|Prepayments|and accrued income|260,488|223,055|
|Intercom
an|debtors|1,634,398|1,248,446|
|Total||3,349,706|3,454,044|
##
|Group||2022|2021|
|---|---|---|---|
|At beginning|ofyear|72,248|43,858|
|Purchased|in the year|503,451|578,305|
|Char ed in|the
ear|555,523|549,915|
|At end of|ear|20,176|72,248|
|Company||2022|2021|
|At beginning|ofyear|18,189|10,935|
|Purchased|in the year|376,639|377,010|
|Char
ed in|the
ear|378,136|369,756|
|At end of|ear|16,692|18,189|
##
|16.Creditors - amoun|ts
falling|due within one year|||
|---|---|---|---|---|
|Group|||2022|2021|
|Trade creditors|||369,299|443,510|
|Accru ala|||475,094|787,528|
|Deferred income - note 17|||746,947|549,459|
|Taxes and social security|||646,105|539,109|
|Coronavirus
Business|Interruption|Loan (CBILS)|300,000|300,000|
|Other creditors|||1,732,441|2,780,125|
|Total|||4,269,886|5,399,731|
|Company|||2022|2021|
|Trade creditors|||246,923|362,116|
|Accruals|||408,338|569,230|
|Deferred
income - note|17||746,947|423,809|
|Intercompany
creditors||||7,707|
|Taxes and social security|||603,388|482,024|
|Coronavirus
Business|Interruption|Loan (CBILS)Loan|300,000|300,000|
|Other creditors|||982,246|1,490,140|
|Total|||3,287,842|3,635,026|
##
|Group||2022|2021|
|---|---|---|---|
||||8|
|At beginning|ofyear|549,459|592,246|
|Released
in|the year|(549,459)|(592,246)|
|Added
in the|ear|746,947|549,459|
|Atend of ear||746,947|549,459|
|Company||2022|2021|
|||8|8|
|At beginning|ofyear|423,809|592,246|
|Released
in|the year|(423,809)|(592,246)|
|Added
in the|ear|746,947|423,809|
|At end of ear||746,947|423,809|
##
|18.Creditor|s - amoun|ts
falling|due after more than one year|||
|---|---|---|---|---|---|
|Group||||2022|2021|
|||||8||
|Coronavirus|Business|Interruption|Loan (CBILS)|850,000|1,150,000|
|Other creditors|||||777,629|
|Total||||850,000|1,927,629|
|Company||||2022|2021|
|||||8||
|Coronavirus|Business|Interruption|Loan (CBILS)|850,000|1,150,000|
|Other creditors||||||
|Total||||850,000|1,150,000|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|Group||||Funds|Funds|
||||||E|
|Intangible
fixed assets||||5,574,328|6,463,981|
|Tangible fixed assets||||249,666|279,522|
|Current assets||||3,636,877|5,326,267|
|Current
liabilities due in|less than|one year||(4,269,886)|(5,399,731)|
|Liabilities due after more than one||ear||850,000|1,927,629|
|Net assets excluding
defined benefit pension|||plan liability|4,340,985|4,742,410|
|Defined
ension
lan liabilit|||||2,609,000|
|Net assets I(liabilities)
lan liabilit|including|defined benefit pension||4,340,985|2,133,410|
|||||2022|2021|
|||||Unrestricted|Unrestricted|
|Company||||Funds|Funds|
|||||E|E|
|Intangible
fixed assets||||3,395,720|3,874,305|
|Tangible fixed assets||||224,102|240,444|
|Investments||||99|99|
|Current assets||||4,406,468|4,434,793|
|Current
liabilities due in|less than one year|||(3,287,842)|(3,635,026)|
|Liabilities
due after more|than one|ear||850,000|1,150,000|
|Net assets||||3,888,547|3,764,615|
##
|||||Incoming|Outgoing||At 31 July|
|---|---|---|---|---|---|---|---|
|Group||At|31 July 2021|resources|resources|Gains|2022|
|||||E|E|E|E|
|General funds|||2,133,410|15,341,508|14,941,136|1,807,203|4,340,985|
|Total unrestricted|funds||2,133,410|15,341,508|14,941,136|1,807,203|4,340,985|
|||||Incoming|Outgoing||At 31 July|
|Company||At 31 July 2021||resources|resources|Gains|2022|
||||E|F|E|E||
|General funds|||3,764,616|10,944,068|10,820,137||3,888,547|
|Total unrestricted|funds||3,764,616|10,944,068|10,820,137||3,888,547|
##
|The net pension
liability at the date ofdisposal a
note 22.|re included
|within the One Awards disposal figure|within the One Awards disposal figure|within the One Awards disposal figure|disclosed
in|disclosed
in|
|---|---|---|---|---|---|---|
|Principal
actuarial
assumptions
at the Statement|of Financial|Position date (expressed as weighted|||averages):||
|||At 31July 2022|At 31July 2021||||
|||0/||||0/|
|Discount rate||3.50||||1.7|
|Future salary increases||2.75||||2.6|
|Future pension increases||2.75||||2.6|
|Inflation
assumption||2.75||||2.6|
|Revaluation
rate||2.75||||2.6|
|||At 31July 2022||At 31July 2021|||
|||Years||||Years|
|Mortality rates (in years)|||||||
|-for a male aged 65 now||21.7||||21.9|
|-at 65for a male aged 45 now||22.9||||23.3|
|-for a female aged 65 now||23.5||||23.6|
|-at 65for a female aged 45 now||25.3||||25.4|
|The One Award's share ofthe assets in the scheme was:|||||||
|||At 31|July||At|31 July|
||||2022|||2021|
||||5|||5|
|Present value ofdefined benefit obligations||(5,207,000)||(7,107,000)|||
|Fair value of plan assets||4,967,000|||4,498,000||
|Net pension
liability'||240,000|||2,609,000||
##
|The amounts
reco|gnised|in the State|ment
|of F|inancial|Activities|are as follows:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||6|6|
|Current service cost||||||||235,000|213,000|
|Net interest expense||||||||45,000|45,000|
|Remeasurements:|actuarial (gains)||/ losses|||||2,514,000|831,000|
|Total amount
recognised||in the Statement||of|Financial|Activities||2,234,000|573,000|
|Movements
in the|present|value ofthe defined|||benefit|obligation|were as follows:|||
|||||||||2022|2021|
|||||||||6||
|Opening
defined|benefit|obligation||||||(7,107,000)|(6,952,000)|
|Current service cost||||||||(235,000)|(213,000)|
|Interest expense||||||||(122,000)|(97,000)|
|Contributions
by|scheme|participants||||||(35,000)|(31,000)|
|Actuarial
gains
/|(losses)|||||||2,209,000|104,000|
|Net benefits
paid|out|||||||83,000|82,000|
|Closing defined
benefit obligation*||||||||5,207,000|7,107,000|
|||2022|2021|
|---|---|---|---|
|||6||
|Opening
fair|value ofscheme assets|4,498,000|3,667,000|
|Interest income||77,000|52,000|
|Actuarial
gains
/ (losses)||305,000|727,000|
|Contributions|by employer|135,000|103,000|
|Contributions
Net benefits|by scheme participants
paid out|35,000
~83,000|31,000
~82, DQO|
|Fair value of|plan assets*|4,967,000|4,498,000|
##
|22.Other recognised|gain|s/(losses)|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6|6|
|Cskills acquisition
fair value||adjustment|gain||||
|CPCS acquisition
fair|value|adjustment|gain|/ (loss)||42,076|
|One Awards
Disposal|||||(706,797)||
|One Awards
defined|benefit|liabilit
revaluation|||2,514,000|831,000|
|Total|||||1,807,203|873,076|
##
|At 31 July 2022, the Gr|oup had|commitments
und|er non-cancellable
ope|rating leas|es as follows:||
|---|---|---|---|---|---|---|
|Group|||||2022|2021|
||||||E|E|
|Buildings:|||||||
|Within one year|||||367,723|243,769|
|Between two and five|ears||||259,030|283,713|
|Equipment:|||||||
|Within one year|||||16,199|28,354|
|Between two and five|ears||||10,486|720|
|At 31 July 2022, the Company||had commitments|under non-cancellable|operating|leases as follows:||
|Company|||||2022|2021|
||||||E|E|
|Buildings:|||||||
|Within one year|||||327,518|243,769|
|Between two and five|ears||||135,065|283,713|
|Equipment:|||||||
|Within one year|||||9,619|28,354|
|Between two and five|ears||||5,291|720|
##
|25.
Related Party Transactions|25.
Related Party Transactions|25.
Related Party Transactions|2022|2022|||2022|
|---|---|---|---|---|---|---|---|
||||||Amount||due from|
||||Income (6)|||||
|OCN Northern
Ireland '|||34,437|||||
|British Ass'n Construction|Heads'|||3,900||||
|Northern
College '|||1,140|||||
|Credit Services Ass'n
4|||435||||150|
|TUC|||18,743|||||
|Shefgeld College '|||168,329||||9,438|
|Barnsley College s
Maggie Hasting-Evans '
Laing O' Rourke
Civil Eng|Ltd '||51,186
598|200|||78
28|
|BAM Nuttall '|||38,406||||2,477|
|Access Training East Midlands||Ltd 's|15,710||||980|
|P Flannery "'
Construction
Plant Hire Association "|||5,050|3,300|||532
900|
|Construction
Industry
Scaffolders
Record Scheme "||||315,744|||25188|
|ITS Group'4|||4,741||||-1,110|
|Learning
at Work Institute'~||||||||
|Leeds College ofBuilding«|||3,155|||||
||||2021|2021|||2021|
||||Income (f)|urc ases|Amount
due from
at
earend
6|||
|OCN Northern
Ireland
"|||38,063||||1,813|
|British Ass'n Construction|Heads'|||295||||
|Northern
College '|||2,029||||837|
|Credit Services Ass'n
4|||42|||||
|TUC|||18,743|||||
|Sheffield College '
Barnsley College '|||184,284
66,686||||15,848|
|Maggie Heating-Evans '
Laing O' Rourke Civil Eng Ltd '|||364|485|||589|
|BAM Nuttall
s|||14,075||||4,302|
|Access Training East Midlands
Ltd '
P Flannery "
Construction
Plant Hire Association "|||13,909
6,038|240|||13,709
1,401|
|Construction
Industry
Scaffolders||||||||
|Record Scheme o||||178,591||||
|ITS Group'4|||955||||955|
|Learning
at Work Institute"||||38,000||||
|Leeds College of Building's|||3,823|||||
||||||43|||
##
##
|Group||At 1 August|Movement|At 31 July|
|---|---|---|---|---|
|||2021|in year|2022|
|||8|8||
|Cash at bank and|in hand|1,980,279|(636,606)|1,343,673|
|Bank Loan (Less|than 12months)|(300,000)||(300,000)|
|Bank Loan (More|than 12 months)|1,150,000|300,000|850,000|
|||530,279|(336,606)|193,673|
|Company||At 1 August|Movement|At 31 July|
|||2021|in year|2022|
|||8|||
|Cash at bank and|in hand|962,561|77,509|1,040,070|
|Bank Loan (Less|than 12months)|(300,000)||(300,000)|
|Bank Loan (More|than 12months)|1,150,000|300,000|650,000|
|||(487,439)|377,509|(109,930)|
##
|9.Impact ofOne Awards on the Prior Year Group Financials||
|---|---|
||2021f|
|Incoming Resources|623,789|
|Resources Expended|(603,725)|
|Other/Recognised
Gains/(Losses)|831,000|
|Net movement
in funds after other gains/(losses)|851,065|
|Tangible Assets
Intangible
Assets|5,076
73,271|
|Current Assets|1,054,976|
|Current
Liabilities|(254,581)|
|Defined Pension
Plan Liability|(2,609,000)|
|Total Funds/(Deficit)|(1,803,529)|
##
|he effect ofthe disposal on the next assets ofthe Group was as f|ollows:|
|---|---|
||2022f|
|Effect ofdisposal ofsubsidiary||
|Tangible fixed assets|2,345|
|Intangible
goodwill|36,636|
|Cash at bank|171,310|
|Debtors|930,298|
|Creditors|(433,792)|
|Net assets disposed|706,797|