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|||Page||
|---|---|---|---|
|Report ofthe|Trustees|1 to|8|
|Report ofthe|Independent<br>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<br>Cash Flow Statement||19||
|Notes tothe Flnandal Statements||20 to|31|





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|||||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<br>OF FUNDS||||||
|Total funds|brought forward|||13,421,482|12,217,455|
|TOTAL FUNDS CARRIED FORWARD||||3.8,»|3. ». 8|





## 

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|||||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||||||





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||||2022|2021|
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
|||Notes|E|E|
|FIXEDASSETS|||||
|Intangible<br>assets||10|188,264|423,690|
|Tangible assets<br>Investments||11<br>12|4,264<br>10,962~|3,808<br>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<br>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<br>activities|||||
|Cash generated<br>from operations|||8D0,144|279,571|
|Net cash provided<br>by operating<br>activities|||8D0,144|279,571|
|Cash flows from investing activities|||||
|Purchase of intangible<br>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<br>by investing||activities|(17,571)|65,548|
|Change in cash and cash equivalents|in the||||
|reporting<br>period|||782,573|345,119|
|Cash and cash equivalents<br>at the beginning|||||
|ofthe reporting<br>period|||489,537|144,418|
|Cash and cash equivalents<br>at the end|ofthe||||
|reporting<br>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<br>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||





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|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<br>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|



## 



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## 

|STAFF COST|S||||||
|---|---|---|---|---|---|---|
||||||2022f|2021<br>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<br>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<br>f||investments<br>f|Totals<br>f|
|Valuation<br>in|2022||||||10,962,708|10,962,708|
|Cost||||||100||100|
|||||||100|10,962,708|10,962,808|





||Leaderskigs<br>Limited||||||
|---|---|---|---|---|---|---|
||Registered office: 19Highfield|Road, Edgbaston,|Birmingham,|England, 8153BH|||
||Class ofshare||holding||||
||Ordinary||100||||
||||||2022|31.8.21|
||||||E|E|
||Aggregate<br>capital and reserves||||100|100|
|13.|DEBTORS||||||
|||||Group|Company||
||||2022|2021|2022|2021|
||||E|E|E|E|
||Amounts<br>falling due within 1year:||||||
||Trade debtors||184,614|152,043|113,453|152,043|
||Amounts<br>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<br>falling due after more|than 1year:|||||
||Other debtors||1,000p000|1,500,000|1,000,000|1,500,000|
||Aggregate<br>amounts||1,801,607|2,205,078|1,932,128|2,205,078|





## 

|||Group||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<br>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<br>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<br>f|expended<br>f|losses<br>f|in funds<br>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<br>f|expended<br>f|losses<br>f|in funds<br>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|





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