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|Unless otherwise|Unless otherwise|Unless otherwise|indicated,|indicated,|the Trustees shown<br>below have held office throughout|the Trustees shown<br>below have held office throughout|the Trustees shown<br>below have held office throughout|the Trustees shown<br>below have held office throughout|the Trustees shown<br>below have held office throughout|the period from 1 September 2021 to the date ofthis report.|the period from 1 September 2021 to the date ofthis report.||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Name|||Role|||2021-22 Changes|||Eifective Date||||
|AJones|||Chair ofTrustees|||Resigned 8 November 2021|||18-May-15||||
|I Taylor|||Trustee|||Resigned 30 November 2022|||09-Oct-17||||
|SFegredo|||Executive||Trustee|Chair from 8 November 2021|||26-Nov-18||||
|A Langton|||Trustee||||||26-Nov-18||||
|A Third|||Trustee||||||06-Apr-20||||
|BThompson|||Trustee||||||034ul-20||||
|A Campbell|||Trustee||||||17-May-21||||
|A Buhari|||Trustee||||||05-Jul-21||||
|SLeveson|||Trustee|||Appointed<br>18|November 2022||18-Nov-22||||
|Company|Secretary||||||||||||
|SFegredo|(from||the 1stof||September|2020)|||||||
|Key Staff|||||||||||||
|JArcher|||Chief Executive Officer from 4th January 2022||||||||||
|SFegredo|||Executive Trustee and Company Secretary|||||from 1stSeptember||2020|||
|R Smith|||Principal||Lecturer (Nottingham)||||||||
|S McKibbin|||Principal||Lecturer (Belfast)||||||||
|Governing|Document|||||Memorandum|and|Artides ofAssociahon||dated|March 2020||
|Company|Registration|||Number||3988613|||||||
|Charity Registration<br>Number||||||1081144|||||||
|Principal|Address|||||16Commerce|Square||||||
|||||||Lace Market|||||||
|||||||Nottingham|||||||
|||||||NG1 1HS|||||||
|Registered||Office||||16Commerce|Square||||||
|||||||Lace Market|||||||
|||||||Nottingham|||||||
|||||||NG1 1HS|||||||
|Independent||Examiner||||Sarah Crispin|||||||
|||||||Stewardship|||||||
|||||||1 Lamb's Passage|||||||
|||||||London|||||||
|||||||EC1Y8AB|||||||
|Bankers||||||Unity Trust Bank pic|||||||
|||||||Nine Brindley|Place||||||
|||||||Birmingham,|B12HB||||||
|Principal|Solicitors|||||Browne Jacobson||LLP|||||
|||||||Mowbray<br>House|||||||
|||||||Castle Meadow Road|||||||
|||||||Nottingham<br>NG2||1BJ|||||
|Contents||||||||||||Page|
|Company|Information|||||||||||1|
|Trustees'|Annual||Report|||||||||2-6|
|Independent||Examiner's||Report||||||||7|
|Statement|ofFinancial Activities|||||||||||8|
|Balance Sheet||||||||||||9|
|Notes to the||Accounts||||||||||10-16|
|[Detailed|Statement ofFinancial Activities with Comparatives)|||||||||||17|





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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Funds|2022|2021|
|||Note||F|f.||
|INCOME AND ENDOWMENTS|FROM:||||||
|Donations<br>and legacies||3|1,267||1,267|657|
|Charitable<br>activities||4|190,794||190,794|289,922|
|Investments||5|117||117||
|Other income||6|2,655||2,655||
|Total income and endowments|||194,833||194,833|290,579|
|EXPENDITURE ON:|||||||
|Charitable<br>activities||7|288,377||288,377|291,164|
|Total expenditure|||288,377||288,377|291,164|
|Net income/(expenditure)|||(93,544)||(93,544)|(585)|
|Transfers<br>between funds||15|||||
|Net movement<br>in funds|||(93,544)||(93,544)|(585)|
|Reconciliation<br>offunds:|||||||
|Total funds brought<br>forward|||176,161|2,822|178,983|179,568|
|Total funds carried forward||15|82,617|2,822|85,439|178,983|





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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Funds|Funds|
|||||Funds|Funds|2022|2021|
||||Note||||E|
|FIXEDASSETS||||||||
|Tangible assets||||3,203||3,203|2,008|
|||||3,203||3,203|2,008|
|CURRENT ASSETS||||||||
|Debtors|||10|11,584||11,584|8,798|
|Cash at bank and|in hand||11|72,845|2,822|75,667|175,956|
|||||84,429|2,822|87,251|184,754|
|CREDITORS: Amounts||falling||||||
|due within one year|||12|(5,015)||(5,015)|(7,779)|
|Net current assets I(liabilities)||||79,414|2,822|82,236|176,975|
|Total assets less|current liabilities|||82,617|2,822|85,439|178,983|
|TOTAL NET ASSETS||||82,617|2,822|85,439|178,983|
|FUND BALANCES|||15|||||
|Unrestricted<br>Funds||||||||
|General funds||||82,617||82,617|176,161|
|||||82,617||82,617|176,161|
|Restricted<br>Funds|||||2,822|2,822|2,822|
|||||82,617|2,822|85,439|178,983|





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|5|Investment<br>income||||||
|---|---|---|---|---|---|---|
||||||2022f|2021<br>f|
||Bank interest||||117||
||||||117||
|6|Otherincome||||||
||||||2022f|2021f|
||Awards Ceremony||||2,655||
||||||2,655||
|7|Charitable<br>expenditure||||||
||||||2022f|2021f|
|a|Costs incurred<br>directly on specific|||activities|||
||Salaries, travel and expenses||||159,055|183,242|
||Validation<br>Costs||||4,241|9,149|
||Catering||||1,960|78|
||Venue hire||||28,794|22,470|
||Books and Resources||||4,437|5,472|
||Depreciation<br>oftangible||fixed assets||1,222|402|
||Miscellaneous<br>expenses||||3,062|150|
||||||202,771|220,963|
|b|Costs incurred<br>on support||&administration||||
||Governance<br>costs||||||
||Board meeting costs|||||380|
||Trustee Expenses||||307||
||Independent<br>examiner's||fee||900|2,612|
||Legal Compliance|&Advice|||576|509|
||Course validation|||||5,000|
||Other||||50||
||||||1,833|8,501|
||Salaries, travel and expenses||||43,338|4,547|
||Consultancy||||9,682|27,783|
||Computer<br>Costs||||4,982|8,978|
||Awards Ceremony|Costs|||4,926||
||Insurance||||2,856|2,685|
||Printing,<br>postage and stationery||||1,802|2,420|
||Advertising<br>Costs||||15,815|9,742|
||Subscriptions<br>and|professional||fees|300|5,473|
||Bank charges||||72|72|
||||||85,606|70,201|
||Total expenditure||||288,377|291,164|



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|Tangible fixed assets|||
|---|---|---|
||Computer|Total|
||equipment|2022|
|Cost|E|E|
|At 1 September 2021|5,169|5,169|
|Additions|2,417|2,417|
|At 31 August 2021|7,586|7,586|
|Accumulated<br>depreciation|||
|At 1 September 2021|3,161|3,161|
|Charge for the year|1,222|1,222|
|At 31 August 2021|4,383|4,383|
|Net book value|||
|At 31 August 2022|3,203|3,203|
|At 31 August 2021|2,008|2,008|
|Debtors|||
||2022|2021|
|Falling due within one year:||F|
|Trade debtors|11,002|8,587|
|Prepayments<br>and accrued income|582|211|
|Total debtors|11,584|8,798|
|Cash at Bank and in Hand|||
||2022|2021|
||E||
|Cash in Hand|147|147|
|Current Account|1,247-|1,001|
|Collection Account|72,215|173,914|
|Prepaid<br>Debit Cards|2,058|894|
||75,667|175,956|
|Creditors: liabilities<br>falling due within one year|||
||2022|2021|
|Trade creditors|1,516|1,113|
|Other creditors|848|1,640|
|Accruals|2,651|4,026|
|Deferred income||1,000|





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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||Course||Awards|||
|||||Fees|Ceremony||F|F|
|Balance at the beginning<br>ofthe reporting||period||||1,000|1,000|5,545|
|Amount released to income||||||(1,000)|(1,000)|(5,545)|
|Amount deferred<br>in year||||||||1,000|
|Balance at the end ofthe reporting|period|||||||1,000|
|The income deferred<br>at the period|end will be||released to income over|the following|periods:||||
|Within one year||||||||1,000|
|After one year|||||||||
|||||||||1,000|
|Deferred income occurs when a full payment|||for a course is paid in one year, but the||award|is achieved|in a later year.||
|It occurred<br>in 2020/21 because students||paid|in advance for additional|places at the|awards|ceremony|||



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|In the previous year the movements|In the previous year the movements|in the charity's<br>funds were as follows:|in the charity's<br>funds were as follows:|||||
|---|---|---|---|---|---|---|---|
|||Opening|Incoming|Outgoing|Transfers|Gains and|Closing|
|||balance|resources|resources|in the year|losses|balance|
|||2021|2021|2021|2021|2021|2021|
|||F|F|F|F|E|F|
|General Unrestricted|Funds|177,246|280,780|(281,865)|||176,161|
|Total Unrestricted<br>Funds||177,246|280,780|(281,865)|||176,161|
|Restricted Funds||||||||
|Jerusalem<br>Trust||1,029|||||1,029|
|Hardship<br>Fund||1,293|650|(150)|||1,793|
|||2,322|650|(150)|||2,822|
|Aggregate<br>offunds||179,568|281,430|(282,015)|||178,983|
|Analysis of net assets by fund||||||||
|In the previous year,|the assets and|liabilities ofthe various funds were as||follows:||||
|||||Unrestricted|Funds|||
|||||General|Designated|Restricted||
|||||funds|funds|funds|2021|
|||||F|F|F|F|
|Tangible fixed assets<br>Debtors<br>Cash at bank and in hand<br>Creditors falling due within one||year||2,008<br>8,798<br>173,134<br>(7,779)||2,822|2,008<br>8,798<br>175,956<br>(7,779)|
|||||176,161||2,822|178,983|



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