|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|4|
|Report ofthe Independent
Auditors|||5|to|8|
|Statement ofFinancial|Activities|||||
|Statement ofFinancial|Position|||10||
|Statement ofCash Fioxvs||||||
|Notes to the Statement|ofCash Floxvs|||12||
|Notes to the Financial|Statements||13|to|20|
|Detailed Statement of|Financial|Activities|21|to|22|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total|
|||||||fund|funds|
||||||Notes|||
|INCOME AND ENDOWMENTS||||FROM||||
|Charitable
activities||||||||
|Training
provision||||||401,450|335,359|
|Investment
income||||||13|156|
|Other income|||||||7,865|
|Total||||||401,463|343,380|
|EXPENDITURE|ON|||||||
|Raising funds||||||2,839||
|Charitable
activities||||||||
|Training
provision||||||502,724|445,158|
|Other|||||||(1,082)|
|Total||||||505,563|444,076|
|Net gains/(losses)|on investments|||||(234)|837|
|NET INCOME/(EXPENDITURE)||||||(104,334)|(99,859)|
|RECONCILIATION|||OF FUNDS|||||
|Total funds brought||foimard||||435,915|535,774|
|TOTAL FUNDS|CARRIED FORWARD|||||331,581|435,915|
||||2022|2021|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|||
|FIXED|ASSETS||||
|Tangible|assets|11|66,062|66,149|
|Investments||12|1,887|2,121|
||||67,949|68,270|
|CURRENT ASSETS|||||
|Stocks||13|1,163|1,133|
|Debtors||14|85,294|42,603|
|Cash at bank and in hand|||268,445|402,144|
||||354,902|445,880|
|CREDITORS|||||
|Amounts|falling due within one year|15|(91,270)|(78,235)|
|NET CURRENT ASSETS|||263,632|367,645|
|TOTAL|ASSETSLESSCURRENT||||
|LIABILITIES|||331,581|435,915|
|NET ASSETS|||331,581|435,915|
|FUNDS||17|||
|Unrestricted
funds:|||||
|General|fund||331,581|435,915|
|TOTAL|FUNDS||331,581|435,915|
||||2022|2021|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
fiom operations|||(127,612)|(74,917)|
|Interest paid|||(784)|(920)|
|Net cash used in operating|activities||(128,396)|(75,837)|
|Cash flows from investing|activities||||
|Purchase oftangible
fixed assets|||(5,316)|(4,636)|
|Sale oftangible
fixed assets||||6, 156|
|Interest received|||13|156|
|Net cash (used in)/provided|by investing|activities|(5,303)|1,676|
|Change in cash and cash|equivalents|in|||
|the reporting
period|||(133,699)|(74,161)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||402,144|476,305|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||268,445|402,144|
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|RECONCILIATI
ACTIVITIES|ON
OF NET E|XPENDITURE TO NET CASH FLOW|FROM OPERATIN|G|
|---|---|---|---|---|
||||2022|2021|
|Net expenditure|for the reporting|period (as per the Statement of|||
|Financial Activities)|||(104,334)|(99,859)|
|Adjustments
for:|||||
|Depreciation
charges|||5,402|5,385|
|Losses/(gain)
on|investments||234|(837)|
|Profit on disposal|offixed assets|||(1,082)|
|Interest received|||(13)|(156)|
|Interest paid|||784|920|
|Increase
in stocks|||(30)|(118)|
|(Increase)/decrease|in debtors||(42,691)|45,617|
|Increase/(decrease)|in creditors||13,036|(24,787)|
|Net cash used in|operations||(127,612)|(74,917)|
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||At 1.9.21|Cash flow|At 31.8.22|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|402,144|(133,699)|268,445|
||402,144|(133,699)|268,445|
|Total|402,144|(133,699)|268,445|
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||INVESTMENT INCOME|INVESTMENT INCOME||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Deposit account interest|||||13|156|
||INCOME FROM|CHARITABLE ACTIVITIES||||||
|||||||2022|2021|
||||Activity|||||
||SFA funded
training|services|Training|provision||328,287|275,277|
||Course fees||Training|provision||51,266|49,496|
||Membership
fees||Training|provision||7,689|8,580|
||Project income||Training|provision||8,625|1,995|
||Sundiy income||Training|provision||5,583|11|
|||||||401,450|335,359|
|4.|RAISING FUNDS|||||||
||Other trading
activities|||||||
|||||||2022|2021|
||Bad debts|||||2,839||
|5.|CHARITABLE ACTIVITIES||COSTS|||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 6)|Totals|
||Training
provision||||494,124|8,600|502,724|
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|SUPPORT COSTS|||
|---|---|---|
|||Governance|
|||costs|
|Training
provision||8,600|
|NET INCOME/(EXPENDITURE)|||
|Net income/(expenditure)
is stated after charging/(crediting):|||
||2022|2021|
|Auditors'
remuneration|5,400|5,400|
|Taxation compliance
seivices|1,200|1,200|
|Other non-audit
services|2,000||
|Depreciation
- owned assets|5,403|5,385|
|Hire ofplant and machinery|1,833|1,555|
|Surplus
on disposal offixed assets||(1,082)|
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|STAFF COSTS|||||
|---|---|---|---|---|
||||2022|2021|
|Wages and salaries|||195,066|189,663|
|Social security costs|||20,307|16,414|
|Other pension costs|||16,740|18,933|
||||232,113|225,010|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2022|2021|
|Management
Sc administration|||5|5|
|Training k sales|||3|3|
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|COMPARATIVES F|OR THE ST|ATEMENT OF FINANCIAL AC|TIVITIES|
|---|---|---|---|
||||Unrestricted|
||||fund|
|INCOME AND ENDOWMENTS||FROM||
|Charitable
activities||||
|Training
provision|||335,359|
|Investment
income|||156|
|Otllel' income|||7,865|
|Total|||343,380|
|EXPENDITURE ON||||
|Charitable
activities||||
|Training
provision|||445,158|
|Other|||(1,082)|
|Total|||444,076|
|Net gains on investments|||837|
|NET INCOME/(EXPENDITURE)|||(99,859)|
|RECONCILIATION|OF FUNDS|||
|Total funds brought
fonvard|||535,774|
|TOTAL FUNDS CARRIED FORWARD|||435,915|
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Plant and|Motor||
||property|machinely|vehicles|Totals|
|COST|||||
|At 1 September 2021|82,405|336,388|16,400|435,193|
|Additions||5,316||5,316|
|At 31 August 2022|82,405|341,704|16,400|440,509|
|DEPRECIATION|||||
|At
1 September
2021|29,451|328,460|11,133|369,044|
|Charge for year|1,448|2,639|1,316|5,403|
|At 31 August 2022|30,899|331,099|12,449|374,447|
|NET BOOK VALUE|||||
|At 31 August 2022|51,506|10,605|3,951|66,062|
|At 31 August 2021|52,954|7,928|5,267|66,149|
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|12.|FIXEDASS|ETI|NVEST|MENTS||||
|---|---|---|---|---|---|---|---|
||||||||Listed|
||||||||investments|
||MARKET VALUE|||||||
||At
1 September
2021||||||2,121|
||Revaluations||||||(234)|
||At 31 August|2022|||||1,887|
||NET BOOK|VALUE||||||
||At 31 August|2022|||||1,887|
||At 31 August|2021|||||2,121|
||There were no investment|||assets outside the UK.||||
||Cost or valuation||at 31 August 2022 is represented||by:|||
||||||||Listed|
||||||||1llvestlllerlts|
||Valuation
in 2021||||||1,887|
|13.|STOCKS|||||||
|||||||2022|2021|
||Stocks|||||1,163|1,133|
|14.|DEBTORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
|||||||2022|2021|
||Trade debtors|||||27,267|11,721|
||Other debtors|||||712|723|
||Prepayments|and|accrued|income||44,014|14,867|
||Prepayments|||||13,301|15,292|
|||||||85,294|42,603|
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|||2022|2021|
|---|---|---|---|
|Trade creditors||55,666|13,481|
|Social security|and other taxes|5,603|6,106|
|VAT||275|2,517|
|Other creditors||2,532|1,772|
|Accrued expenses||27,194|54,359|
|||91,270|78,235|
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|MOVE|MEN|T IN FUN|DS||||||
|---|---|---|---|---|---|---|---|---|
||||||||Net||
||||||||movement|At|
|||||||At 1.9.21|in funds|31.8.22|
|Unrestricted||funds|||||||
|General|fund|||||435,915|(104,334)|331,581|
|TOTAL|FUNDS|||||435,915|(104,334)|331,581|
|Net movement||in funds,|included||in the above are as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
|Unrestricted||funds|||||||
|General|fund||||401,463|(505,563)|(234)|(104,334)|
|TOTAL|FUNDS||||401,463|(505,563)|(234)|(104,334)|
|Comparatives||for movement||in|funds||||
||||||||Net||
||||||||movement|At|
|||||||At 1.9.20|in funds|31.8.21|
|Unrestricted||funds|||||||
|General|fund|||||535,774|(99,859)|435,915|
|TOTAL|FUNDS|||||535,774|(99,859)|435,915|
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||||Iilcoilling|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||343,380|(444,076)|837|(99,859)|
|TOTAL|FUNDS||343,380|(444,076)|837|(99,859)|
|||||Net||
|---|---|---|---|---|---|
|||||illoveillent|At|
||||At 1.9,20|in funds|31.8.22|
|Unrestricted||funds||||
|General|fund||535,774|(204,193)|331,581|
|TOTAL|FUNDS||535,774|(204,193)|331,581|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||744,843|(949,639)|603|(204,193)|
|TOTAL|FUNDS||744,843|(949,639)|603|(204,193)|
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