2021-08-31-accounts - The Institute Of Leadership

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			2021	2020
			Unrestricted	Total
		Notes	funds E	fundsf
FIXEDASSETS
Intangible assets		10	423,690	630,518
Tangible assets		11	Sp808	10,702
Investments		12	11,568,488	9,886,645
			11,995,966	10,527,865
CURRENT ASSETS
Debtors: amounts	falling due within one year	13	705,078	644,209
Debtors: amounts	falling due after more than one year	13	1,500,000	2,000,000
Cash at bank			489,537	144,418
			2,694,615	2,788,627
CREDITORS
Amounts falling due within one year		14	(1,269,119)	(1,099,037)
NET CURRENT ASSETS			1,425,496	1,689,590
TOTAL ASSETS LESSCURRENT LIABILITIES			13321,482	12,217,455
NET ASSETS			13,421,482	12,217,455
FUNDS		16
Unrestricted funds:
General fund			13,421,482	12,217,455
TOTAL FUNDS			13,421,482	12,217,455

						2021	2020
					Notes	E	E
Cash flows from operating	activities
Cash generated from operations						279,571	(394,690)
Net cash provided by/(used	in) operating		activities			279,571	(394,690)
Cash flows from investing	activities
Purchase ofintangible fixed assets						(33,215)	(39,615)
Purchase oftangible fixed	assets					(1,137)	(1,780)
Purchase offixed asset investments						(100)
Sale offixed asset investments						100,000	350,000
Net cash provided by investing activities						65p548	308,605
Change in cash and cash equivalents		In the
reporting period						345,119	(86,085)
Cash and cash equivalents	atthe beginning			ofthe
reporting period						144,418	230,503
Cash and cash equivalents	atthe end	of	the
reporting period						489,537	144,418

RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	RECONCILIATION OF NET INCOME/(EXPENDITURE)	TO NET CASH FLOW FROM OPERATING	ACTIVITIES
				2021	2020
				E	E
Net income/(expenditure)	for the reporting	period	(as per the Statement of
Financial Activities)				1,204,027	(1,156,468)
Adjustments for:
Depreciation charges				248~4	236,238
Gain on investments				(1,781,743)	(210,982)
Decrease in debtors				439,131	511,637
Increase in creditors				170,082	224,88S
Net cash provided by/(used	In) operations			279rl71	(394,690)
ANALYSIS OF CHANGES IN	NET FUNDS
			At 1.9.20	Cash flow	At31.8.21
				E	E
Net cash
Cash at bank			144,418	345,119	489,537
			144~18	345,119	489~
Total			144/I18	345,119	489,537

					2021	2020
					f	f
Interest on		deposits			36	681
Dividends	received				306,301	301,3&7
					306,337	302,06&
INCOME	FROM CHARITABLE ACTIVITIES
					2021	2020
					Total	Total
			Membership	Other	activities	activities
			f	f	f	f
Individual	membership		1,094,954		1,094,954	993,9&0
Commercial		membership	261,760		261,760	83,713
Commercial		income		345,045	345,045	189,739
Other income				7,061	7,061	16,516
			1,356,714	352,106	1,708,820	1~,948
CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs f	note 5) f	Totals f
Membership				1,585,326	514,682	2,100,008
Other				14,188	47' 677	492,865
				1,599,514	993,359	2492,873
SUPPORT	COSTS
					Governance
				Other f	costsf	Totals f
Membershi	p			505,982	8,700	514,682
Other				47&,677		478,677
				984,659	8,700	993p359

STAFFCOSTS
					2021	2020
					E	E
Wages and salaries					1,292,818	1,175,631
Social security costs					126,347	117,934
Other pension costs					102,295	76,288
					1&521~	1,369,853
Included above are also redundancy			costs ofE91,941(2020:fnil).
The average monthly	number ofemployees			during the year was as follows:
					2021	2020
Membership					29	28
The number ofemployees		whose employee		benefits (excluding employer	pension costs) exceeded E60,000was:
					2021	2020
E60,001 - E70,000					4	4
E70,001 —E80,000						1
E80,001 - E90,000
E90,001 —E100,000
E100,001 - F110,000

COMPARATIVES FOR THE STA	TEMENT OF FINANCIAL ACTIVITIES
		Unrestricted
		funds
		6
INCOME AND ENDOWMENTS	FROM
Charitable activities
Membership		1,077,693
Other		206,255
Investment income		302,068
Total		1,586,016
EXPENDITURE ON
Charitable activities
Membership		2,457,435
Other		496,031
Total		2,953,466
Net gains on investments		210,982
NET INCOME/(EXPENDITURE)		(1,156,468)
RECONCILIATION OF FUNDS
Total funds brought forward		13,373,923
TOTAL FUNDS CARRIED FORWARD		12,217,455

FIXEDASSET INV	ESTMENTS
				Shares	in
				gr'oup		Listed
				undertakings		investments		Totals
				E		E		E
MARKET VALUE
At 1September 2020						9,886,645		9,886,645
Additions				100				100
Disposals						(100,000)		(100,000)
Revaluations						1,781,743		1,781,743
At 31August 2021				100		11,568,388		11,568,488
NET BOOKVALUE
At31August 2021				100		11,568,388		11,568,488
At31August 2020						9886	645	9886645
Listed investments	at31August 2021were		made up as follows:
Category						2021(%)		2020 ('3()
UK and Overseas	Equities						77.69	71.59
Private Equity and	Other						2,32	1.94
Infrastructure and	Operating	Assets					8.24	8.50
Property							3.80	4.34
Contractual and Other Income							2.48	3.32
Fixed Interest							0.00	0.47
Cash and Near Cash							5.47	9.84
Total							100.00	100.00
The company's investments		atthe balance sheet date in the share capital ofcompanies			include	the following:
Leaderskills Limited
Registered office:	Pacific House, Relay Point, Wilnecote, Tamworth,			8775PA
Class ofshare			holding
Ordinary			100
							2021	2020
						E		E
Aggregate capital	and reserves						100

DEBTORS
		2021	2020
		E	f
Amounts falling due within one year:
Trade debtors		152,043	84,657
Other debtors		500,000	500,000
Prepayments		53,035	59,552
		705,078	644,209
Amounts falling due after more than one year:
Otherdebtors		1,500,000	2,000,000
Aggregate amounts		2,205,078	2,644,209
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2021	2020
			E
Trade creditors		67,627	65,810
Amounts owed to group	undertakings	100
Other creditors		159,388	39,423
Deferred income		823,456	641,694
Accrued expenses		218,548	352,110
		1,269,119	1,099,037

		Incoming	Resources	Gains and	Movement
		resources f	expended E	losses E	in funds E
Unrestricted	funds
General fund		3,601,173	(5,546,339)	1,992,725	47,559
TOTAL FUNDS		3,601,173	(5,546,339)	1,992,725	47,559