2022-08-31-accounts - The Institute Of Leadership

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Report ofthe	Trustees	1 to	8
Report ofthe	Independent Auditors	9 to	12
.Consolidated	Statement of Financial Activities	13
Consolidated	Balance Sheet	14 to	15
Parent Charity Balance Sheet		i6 to	17
Consolidated	Cash Flow Statement	18
Notes tothe Co'nsolidated Cash Flow Statement		19
Notes tothe Flnandal Statements		20 to	31

				2022	2021
				Unrestricted	Total
				funds	funds
			Notes	f	f
INCOME AND ENDOWMENTS		FROM
Donations	and legacies
Charitable	activities
Membership				1,703,664	1,356,714
Other				387,579	352,106
Investment	income			330,040	306,337
Total				2,421,283	2,015,157
EXPENDITURE ON
Charitable	activities
Membership				1,830,578	2,100,008
Other				422,228	492,865
Total				2,252,806	2,592,873
Net (losses)	/ gains on investments			(605,680)	1,781,743
NET (EXPENDITURE) / INCOME				(437,203)	1,204,027
RECONCILIATION OF FUNDS
Total funds	brought forward			13,421,482	12,217,455
TOTAL FUNDS CARRIED FORWARD				3.8,»	3. ». 8

				2022	2021
				Unrestricted	Total
				funds	funds
			Notes	E	E
FIXEDASSETS					'
Intangible	assets		10	188,264	423,690
Tangible	assets		11	4,264	3,808
Investments			12	10,962,708	11,568,388
				11,155,236	11,995,886.
CURRENT	ASSETS
Debtors:	amounts	falling due within one year	13	801,607	705,078
Debtors:	amounts	falling due after more than	one
year			13	1,000,000	1,500,000
Cash at bank				1,272,110	489,537
				3,073,717	2,694,615
CREDITORS
Amounts	falling due within one year		14	(1,244,674)	(1,269,019)
NET CURRENT ASSETS				1p829,043	1,425,596
TOTAL ASSETS LESSCURRENT LIABILITIES				12,984,279	13,421,482
NET ASSETS

			2022	2021
			Unrestricted	Total
			funds	funds
		Notes	E	E
FIXEDASSETS
Intangible assets		10	188,264	423,690
Tangible assets Investments		11 12	4,264 10,962~	3,808 11,568,488
			11,155,336	11,995,986
CURRENT ASSETS
Debtors: amounts	falling due within one year	13	932,128	705,078
Debtors: amounts	falling due after more than	one
year		13	1,000,000	1,500,000
Cash at bank			939,315	489,537
			2.871,443	2,694,615
CREDITORS
Amounts falling due within one year		14	(1,042,500)	(1,269,119)
NET CURRENT ASSETS			1,828,943	1,425,496
TOTAL ASSETSLESSCURRENT LIABILITIES			12,984,279	13,421,482
NET ASSETS			12,984,279	13,421,482

			2022	2021
		Notes	E	f
Cash flows from operating activities
Cash generated from operations			8D0,144	279,571
Net cash provided by operating activities			8D0,144	279,571
Cash flows from investing activities
Purchase of intangible fixed assets			(14,100)	(33,215)
Purchase oftangible fixed assets			(3/71)	(1,137)
Purchase offixed asset investments				(100)
Sale offixed asset investments				100,000
Net cash (used in)/provided by investing		activities	(17,571)	65,548
Change in cash and cash equivalents	in the
reporting period			782,573	345,119
Cash and cash equivalents at the beginning
ofthe reporting period			489,537	144,418
Cash and cash equivalents at the end	ofthe
reporting period			1,272,110	489,537

	RECONCILIATION	RECONCILIATION	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	TO NET CASH	FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
								2022		2021
								E		E
	Net (expenditure)/income			for the reporting	period	(as per the
	Consolidated	Statement		ofFinancial Activities)				(437,203)	1,204,027
	Adjustments	for:
	Depreciation	charges						252,541		248,074
	Losses/(gain)	on investments						605,680	(1,781,743)
	Decrease in debtors							403,471		439,131
	(Decrease)/increase		in creditors					(24,345)		170,082
	Net cash provided		by operations					800,144		279,571
2.	ANALYSIS OF	CHANGES		IN NET FUNDS
							At 1.9.21	Cash flow	At	31.8.22
							E	E		E
	Net cash
	Cash at bank						489,537	782,573	1,272,110
							489,537	782,S73	1,272,110
	Total						489,537	782,573	1p272,110

DONATIONS	DONATIONS		AND LEGACIES
						2022	2021
						E	E
Donations
INVESTMENT			INCOME
						2022	2021
						r	E
Interest on		deposits				404	36
Dividends	received					329,636	306,301'
						330,040	306,337
INCOME	FROM CHARITABLE ACTIVITIES
						2022	2021
						Total	Tata I
				Membership	Other	activities	activities
				f	E	E	E
Individual	membership			1,117,045		1,117,045	1,094,954
Commercial		membership		586,619		586,619	261,760
Commercial		income			369,930	369,930	345,045
Other income					17,649	17,649	7,061
				1,703,664	387,579	2,091,243	1,708,820

					Support
				Direct	costs (see
				Costs	note 6)	Totals
				E	E	E
Membership				1,204,454	626,124	1,830,578
Other					422,228	422,228
				1,204,454	1,048,352	2,252,806
SUPPORT	COSTS
					Governance
				Other	costs	Totals
				E	E	E
Membership				614,898	11,226	626,124
Other				422,228		422,228
				1,037,126	11,226	1,048,352
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
					2022	2021
					E	E
Auditors'	remuneration				11,200	6,900
Depreciation		-owned assets			3,015	8,031
Trademark		amortisation			1,078	788
Computer	software amortisation				248,448	239,255

STAFF COST	S
					2022f	2021 E
Wages and	salaries				993,799	1,292,818
Social security costs					107,337	126,347
Other pension costs					60,470	102,295
					1,161,606	1,521,460
Included above are also redundancy			costs	of640,221(2021:f91,941).
The average	monthly	number ofemployees		during the year was as follows:
					2022	2021
Membership					23	29

		2022	2021
660,001	—670,000	1	4
E70,001	—E80,000	2
E80,001	—E90,000
E90,001	- 6100,000

10.	INTANGIBLE FIXEDASSETS —GROUP AND COMPANY
			Computer
		Trademark	software	Tota Is
		E	E	E
	COST
	At 1September 2021	5,390	1,168,340	1,173,730
	Additions		14,100	14,100
	At 31August 2022	5,390	1,182/40	1,187,830
	AMORTISATION
	At 1September 2021	1,231	748,809	750,040
	Charge for year	1,078	248,448	249,526
	At 31August 2022	2,309	997,257	999,566
	NET BOOK VALUE
	At 31August 2022	3,081	185,183	188,264
	At 31August 2021	4,159	419,531	423,690
11.	TANGIBLE FIXEDASSETS —GROUP AND COMPANY
		Fixtures
		and	Computer
		fittings	equipment	Totals
		E	E	E
	COST
	At 1September 2021	18,048	57,613	75,661
	Additions		3A71	3471
	At 31August 2022	18&048	61,084	79,132
	DEPRECIATION
	At 1September 2021	18,048	53,805	71,853
	Charge for year		3,015	3,015
	At 31August 2022	18,048	56,820	74,868
	NET BOOK VALUE
	At 31August 2022		4,264	4,264
	At 31August 2021		3,808	3,808

FIXEDASSET	INVE	STMENTS	—GROUP ANO COMP	ANY
					Sharesin
					group		Listed
					undertakings		investments	TotalS
					f		f	f
MARKET VALUE
At 1September 2021						100	11,568,388	11,568,488
Revaluations							(605,680)	(605,680)
At 31August	2022					100	10,962,708	10,962,808
NET BOOK VALUE
At 31August	2022				10D		10.966100	0,961.000
At 31August	2021					100	11,568;388	11,568,488
Listed investments		at 31August 2022 were made		up as follows:
Category							2022 (SS)	2021(%)
UK and Overseas		Equities					70.56	77.69
Private Equity and		Other					1.44	2.32
Infrastructure	and	Operating	Assets				9.19	8.24
Property							4.54	3.80
Contractual	and Other Income						2.94	2.48
Fixed Interest							0.00	0.00
Cash and Near Cash							11.33	5.47
Total							DD.DD	100.00
Cost orvaluation		at 31August	2022 is represented	by:
					Shares in
					group		Listed
					undertakings f		investments f	Totals f
Valuation in	2022						10,962,708	10,962,708
Cost						100		100
						100	10,962,708	10,962,808

	Leaderskigs Limited
	Registered office: 19Highfield	Road, Edgbaston,	Birmingham,	England, 8153BH
	Class ofshare		holding
	Ordinary		100
					2022	31.8.21
					E	E
	Aggregate capital and reserves				100	100
13.	DEBTORS
				Group	Company
			2022	2021	2022	2021
			E	E	E	E
	Amounts falling due within 1year:
	Trade debtors		184,614	152,043	113,453	152,043
	Amounts owed by group undertakings				220,949
	Other debtors		515,767	500,000	500,000	500,000
	Prepayments		101,226	53,035	97,726	53,035
			801,607	705,078	932,128	705,078
	Amounts falling due after more	than 1year:
	Other debtors		1,000p000	1,500,000	1,000,000	1,500,000
	Aggregate amounts		1,801,607	2,205,078	1,932,128	2,205,078

			Company
	2022	2021	2022	2021
	E	E	F.	E
Trade creditors	59,445	67,627	59,033	67,627
Other creditors	74,934	159,488	57,324	159,488
Deferred income	900,955	823,456	719,703	823,456
Accrued expenses	209,340	218,548	206,440	218,548
	1,244,674	1,269,119	1,042,500	1,269,119

Deferre	d income	is shown as follows:
				Group		Company
			2022		2021	2022	2021
			E		E	E	F.
Balance	at 1September		823,456		641,694	823jI56	641,694
Amount	released	to incoming resources	(823,456)		(641,694)	(823,456)	(641,694)
Amount	deferred	in the year	900,955		823,456	719,703	823,456
Balance	at 31August		900,955		823,456	719,703	823,456

	2022	2021
	E	E
Within one year	4,193	24,925
Between one and five years		4,115
	4,193	29,040

									Net
									movement	At
								At 1.9.21	in funds	31.8.22
								f	f	f
Unrestricted	funds
General fund								13,421,482	(437,203)	12,984,279
TOTALFUNDS								334322.482	(431.2382	12,98,2 9
Net movement		in funds, included		in the above		are as follows:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
							f	f	f	f
Unrestricted	funds
General fund							2,421,283	(2,252,806)	(6054680)	(437,203)
TOTALFUNDS							2,421,283	(2,252,806)	(605,680)	(437,203)
Comparatives		for movement	in funds
									Net
									movement	At
								At 1.9.20	in funds	31.8.21
								f	f	f
Unrestricted	funds
General fund								12,217,455	1,204,027	13,421,482
TOTALFUNDS								12,217,455	1,204,027	13,421,482
Comparative	net movement		in funds,		included	in	the above are as follows:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
							f	f	f	f
Unrestricted	funds
General fund							2,015,157	(2,592,873)	1,781,743	1,204,027
TOTALFUNDS							2,015,157	(2,592,873)	1,781,743	1,204,027

								Net
								movement	At
							At 1.9.21	in funds	31.8.22
							f	f	f
Unrestricted		funds
General	fund						13,421,482	(437,203)	12,984,279
TOTAL	FUNDS						3. 2M82	[437,205)	ll 9842.9,
Net movement			in funds, included		in the above	are as follows:
						Incoming	Resources	Gains and	Movement
						resources f	expended f	losses f	in funds f
Unrestricted		funds
General	fund					2,390,235	(2,221,758)	(605,680)	(437,203)
TOTAL	FUNDS					2,390,235	(2,221,758)	(605,680)	(437,203)
Comparatlves			for movement	in	funds
								Net
								movement	Ar.
							At 1.9.20	in funds	31.8.21
							f	f	E
Unrestricted		funds
General	fund						12,217,455	1,204,027	13,421,482
TOTAL	FUNDS						12,217,455	1,204,027	13,421,482
Comparative			net movement	in funds, included		in the above are as follows:
						Incoming	Resources	Gains and	Movement
						resources f	expended f	losses f	in funds f
Unrestricted			funds
General	fund					2,015,157	(2,592,873)	1,781,743	1,204,027
TOTAL	FUNDS					2,015,157	(2,592,873)	1,781,743	1,204,027