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|**Board Of Trustees**|P J J Bradbury|
|---|---|
||D L Porter|
||D Barling|
||A Foster|
||M J Bcttcridgc|
||R Tucker MBE|
||Lt Cdr N Atkins|
||P Findlay|
|**Charity number**|1158886|
|**Independent examiner**|William Daniels FC A, CTA|
||Suite 11|
||33-34 Gleaming Wood Drive|
||Chatham|
||Kent|
||ME5 8RZ|





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||**Page**|**Page**|
|---|---|---|
|Board’s report|1|- 5|
|Statement of Board’s responsibilities|6||
|Independent examiner’s report|7-8||
|Statement of financial activities|9||
|Balance sheet||10-11|
|Notes to the financial statements||12-25|





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|||**funds**|**funds**||**funds**|**funds**||
|---|---|---|---|---|---|---|---|
|||**2021**|**2021**|**2021**|**2020**|**2020**|**2020**|
||**Notes**|**£**|**£**|**£**|**£**|**£**|**£**|
|**Income from:**||||||||
|Donations and||||||||
|legacies|**3**|112,382|151,187|263,569|112,279|92,000|204,279|
|Charitable activities|4|160,379|-|160,379|265,759|-|265,759|
|Other trading||||||||
|activities|**5**|-|-|-|20,220|-|20,220|
|**Total income**||272,761|151,187|423,948|398,258|92,000|490,258|
|**Expenditure on:**||||||||
|Raising funds|**6**|-|-|-|5,337|-|5,337|
|Charitable activities|**7**|269,239|191,043|460,282|209,151|28,287|237,438|
|**Total resources expended**||269,239|191,043|460,282|214,488|28,287|242,775|
|**Net**||||||||
|**income/(expenditure) for**||||||||
|**the year/**||||||||
|**Net movement in funds**||3,522|(39,856)|(36,334)|183,770|63,713|247,483|
|Fund balances at 1 August||||||||
|2020||(119,605)|92,848|(26,757)|(303,375)|29,135|(274,240)|
|**Fund balances at 31 July**||||||||
|**2021**||(116,083)|52,992|(63,091)|(119,605)|92,848|(26,757)|





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||||**2021**||**2020**|
|---|---|---|---|---|---|
||**Notes**|£|£|£|£|
|**Fixed assets**||||||
|Tangible assets|**11**||8,963||5,592|
|Investments|**12**||100||-|
||||9,063||5,592|
|**Current assets**||||||
|Debtors|**13**|57,844||23,995||
|Cash at bank and in hand||124,379||232,473||
|||182,223||256,468||
|**Creditors: amounts falling due**||||||
|**within one year**||||||
|Loans and overdrafts|**14**|63,443||60,000||
|Taxation and social security||-||3,094||
|Other creditors|**15**|40,469||52,115||
|||103,912||115,209||
|Net current assets|||78,311||141,259|
|**Total assets less current liabilities**|||87,374||146,851|
|**Creditors: amounts falling due**||||||
|**after more than one year**|**16**||(150,465)||(173,608)|
|**Net liabilities**|||(63,091)||(26,757)|
|**Income funds**||||||
|Restricted funds|**17**||52,992||92,848|
|Unrestricted funds|||(116,083)||(119,605)|
||||(63,091)||(26,757)|





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||Unrestricted|Restricted|**Total**|Total|
|---|---|---|---|---|
||funds|funds|||
||**2021**|**2021**|**2021**|2020|
||_£_|_£_|_£_|_£_|
|Donations and gifts|264||264|24,062|
|Support grants|112,118|151,187|263,305|180,217|
||112,382|151,187|263,569|204,279|
|**For the year ended 31 July 2020**|112,279|92,000||204,279|
|**Charitable activities**|||||
||||**2021**|**2020**|
||||_£_|_£_|
|Services provided under contract|||160,379|265,759|
|**Other trading activities**|||||
||||Unrestricted|Total|
||||funds||
||||**2021**|2020|
||||_£_|_£_|
|Fundraising events|||_-_|20,220|





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||**2021**|**2020**|
|---|---|---|
||_£_|_£_|
|Staff costs|303,271|146,523|
|Depreciation and impairment|4,238|1,458|
|Training projects|58,871|42,360|
|Advertising|3,264|2,581|
|Rent|10,439|6,240|
|Travel and subsistence|6,341|8,887|
|Telephone and internet|5,455|4,432|
|Computer costs|13,575|8,022|
|Insurance|1,147|524|
|Bank charges|214|412|
|Consultancy and professional costs|26,553|6,463|
|Other staff costs|4,409|19|
|Other office expenses|1,210|549|
|Miscellaneous costs|380|5,368|
|Other charitable expenditure|8,029|-|
||447,396|233,838|
|Share of support costs (see note 8)|8,886|-|
|Share of governance costs (see note 8)|4,000|3,600|
||460,282|237,438|
|**Analysis by fund**|||
|Unrestricted funds|269,239|209,151|
|Restricted funds|191,043|28,287|
||460,282|237,438|





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|**8 **|**Support costs**|||||
|---|---|---|---|---|---|
|||Support|1Governance|**2021**|2020|
|||costs|costs|||
|||£|£|£|£|
||Operating lease charges|8,886|-|8,886|-|
||Legal and professional|-|4,000|4,000|3,600|
|||8,886|4,000|12,886|3,600|
||Analysed between|||||
||Charitable activities|8,886|4,000|12,886|3,600|



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|The average monthly number of employees duri|ng the year was:||
|---|---|---|
||**2021**|**2020**|
||**Number**|**Number**|
||14|7|
|**Employment costs**|**2021**|**2020**|
||**£**|**£**|
|Wages and salaries|281,660|137,741|
|Social security costs|17,767|6,214|
|Other pension costs|3,844|2,568|
||303,271|146,523|





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|**11**|**Tangible fixed assets**||||
|---|---|---|---|---|
|||||**Computers**|
|||||**£**|
||**Cost**||||
||At 1 August 2020|||7,732|
||Additions|||7,609|
||Disposals|||(1,061)|
||At 31 July 2021|||14,280|
||**Depreciation and impairment**||||
||At 1 August 2020|||2,140|
||Depreciation charged in the year|||4,124|
||Eliminated in respect of disposals|||(947)|
||At 31 July 2021|||5,317|
||**Carrying amount**||||
||At 31 July 2021|||8,963|
||At 31 July 2020|||5,592|
|**12**|**Fixed asset investments**||||
|||||**Other**|
|||||**investments**|
||**Cost or valuation**||||
||At 1 August 2020||||
||Additions|||100|
||At 31 July 2021|||100|
||**Carrying amount**||||
||At 31 July 2021|||100|
||At 31 July 2020||||
||||**2021**|**2020**|
||Other investments comprise:|**Notes**|**£**|**£**|





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||Investments in subsidiaries|**21**|100|-|
|---|---|---|---|---|
|**13**|**Debtors**||||
||||**2021**|**2020**|
||**Amounts falling due within one year:**||**£**|**£**|
||Trade debtors||54,680|23,995|
||Prepayments and accrued income||3,164|-|
||||57,844|23,995|
|**14**|**Loans and overdrafts**||||
||||**2021**|**2020**|
||||**£**|**£**|
||Bank overdrafts||300||
||Bank loans||50,000|-|
||Other loans||163,608|233,608|
||||213,908|233,608|
||Payable within one year||63,443|60,000|
||Payable after one year||150,465|173,608|





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|**15 **|**Other creditors falling due within one year**||||
|---|---|---|---|---|
||||**2021**|**2020**|
||||**£**|**£**|
||Trade creditors||13,502|2,846|
||Amounts owed to group undertakings||693|-|
||Accruals and deferred income||26,274|49,269|
||||40,469|52,115|
|**16 **|**Creditors: amounts falling due after more than one**||||
||**year**||||
||||**2021**|**2020**|
|||**Notes**|**£**|**£**|
||Bank loans|**14**|46,857||
||Other borrowings||103,608|173,608|
||||150,465|173,608|





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|||**Movement **|**in funds**||
|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 August**|**resources**|**expended**|**31 July 2021**|
||**£**|**£**|**£**|**£**|
|David Wilson Foundation - East Midlands|||||
|training|59,000|67,000|(96,000)|30,000|
|Veterans Foundation - staff for geographical|||||
|expansion|25,000|-|(25,000)|-|
|BFBS Big Salute - Workwear|8,848|-|(8,848)|-|
|Armed Forces Covenant Trust - Positive|||||
|Pathways|-|33,250|(33,250)|-|
|Lloyd’s Patriotic Fund - New Training Centre|||||
|in Wales|-|19,000|(2,933)|16,067|
|National Lottery - Remote learning and|||||
|rcskilling|-|19,616|(19,616)|-|
|Groundwork London -new pathway for|||||
|Veterans into Construction|-|5,642|(3,526)|2,116|
|London Borough of Wandsworth - new|||||
|opportunities for Wandsworth residents|-|4,809|-|4,809|
|Other grants|-|1,870|(1,870)|-|
||92,848|151,187|(191,043)|52,992|





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|**18 **|**Analysis of net assets between funds**|**Analysis of net assets between funds**||||||
|---|---|---|---|---|---|---|---|
|||**Unrestricted Restricted**||Total Unrestricted||Restricted|Total|
|||**2021**|**2021**|**2021**|2020|2020|2020|
|||**£**|**£**|**£**|£|£|£|
||Fund balances at 31|||||||
||July 2021 arc|||||||
||represented by:|||||||
||Tangible assets|8,963||8,963|5,592||5,592|
||Investments|100|-|100|-|-|-|
||Current|||||||
||assets/ (liabilities)|25,319|52,992|78,311|48,411|92,848|141,259|
||Long term liabilities|(150,465)|-|(150,465)|(173,608)|-|(173,608)|
|||(116,083)|52,992|(63,091)|(119,605)|92,848|(26,757)|



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||**2021**|**2020**|
|---|---|---|
||**£**|£|
|Within one year|37,000||
|Between two and five years|83,000||
||120,000||





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|**Name of undertaking Registered**|**Nature of business**|**Class of**|**% Held**|
|---|---|---|---|
|**office**||**shares held**|**Direct Indirect**|
|Building Heroes Property|Provision of property|Ordinary|100.00|
|Services Ltd|maintenance services|shares||