|||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|4| |Independent
Examiner's
Report|||| |Statement ofFinancial
Activities|||| |Statement ofFinancial Position|7|to|8| |Statement ofCash Flows|||| |Notes to the Statement ofCash Flows||10|| |Notes to the Financial Statements|11|to|18| |Detailed Statement ofFinancial Activities|19|to|20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||||Unrestricted|Total| |||||fund|funds| ||||Notes||| |INCOME AND ENDOWMENTS||FROM|||| |Charitable
activities|||||| |Training
provision||||394,011|401,450| |Investment
income||||1,456|13| |Total||||395,467|401,463| |EXPENDITURE ON|||||| |Raising funds|||||2,839| |Charitable
activities|||||| |Training
provision||||551,063|502,724| |Total||||551,063|505,563| |Net gains/(losses)
on investments|||||(234)| |NET INCOME/(EXPENDITURE)||||(155,596)|(104,334)| |RECONCILIATION|OF FUNDS||||| |Total funds brought
fonvard||||331,581|435,915| |TOTAL FUNDS CARRIED FORWARD||||175,985|331,581| ## ## |STATEMENT OF FINANCIAL POSITI
31AUGUST 2023|ON||| |---|---|---|---| |||2023|2022| |||Unrestricted|Total| |||fund|funds| ||Notes||| |FIXEDASSETS|||| |Tangible
assets|11|63,995|66,062| |Investments|12|1,692|1,887| |||65,687|67,949| |CURRENT ASSETS|||| |Stocks|13|1,110|1,163| |Debtors|14|35,831|85,294| |Cash at bank and in hand||120,979|268,445| |||157,920|354,902| |CREDITORS|||| |Amounts
falling due within one year|15|(47,622)|(91,270)| |NET CURRENT ASSETS||110,298|263,632| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||175,985|331,581| |NET ASSETS||175,985|331,581| |FUNDS|17||| |Unrestricted
funds:|||| |General
fund||175,985|331,581| |TOTAL FUNDS||175,985|331,581| ## |FORTHE YEAR ENDED||31AUGUS|T|2023||| |---|---|---|---|---|---|---| ||||||2023|2022| |||||Notes||| |Cash floxvs from operating
activities
Cash generated
fiom operations
Interest paid|||||(141,061)
(806)|(127,612)
(784)| |Net cash used in operating||activities|||(141,867)|(128,396)| |Cash floavs from investing
Purchase oftangible
fixed
Interest received|activities
assets||||(7,250)
1,456|(5,316)
13| |Revaluation ofinvestment|||||195|| |Net cash used in investing|activities||||(5,599)|(5,303)| |Change
in cash and cash
the reporting
period||equivalents|in||(147,466)|(133,699)| |Cash and cash equivalents
beginning
ofthe reporting||at the
period|||268,445|402,144| |Cash and cash equivalents
the reporting
period||at the end|of||120,979|268,445| ## ## |
ACTIVITIES|||| |---|---|---|---| |||2023|2022| |Net expenditure
for the reporting|period (as per the Statement of||| |Financial Activities)
Adjustments
for:||(155,596)|(104,334)| |Depreciation
charges
Losses on investments||9,317|5,402
234| |Interest received
Interest paid||(1,456)
806|(13)
784| |Decrease/(increase)
in stocks
Decrease/(increase)
in debtors
(Decrease)/increase
in creditors||53
49,463
(43,648)|(30)
(42,691)
13,036| |Net cash used in operations||(141,061)|(127,612)| |ANALYSIS OF CHANGES IN NET FUNDS|||| ||At 1.9.22|Cash flow|At 31.8.23| |Net cash|||| |Cash at bank and in hand|268,445|(147,466)|120,979| ||268,445|(147,466)|120,979| |Total|268,445|(147,466)|120,979| ## ## ## ## ## ## ## ## ## ## ## ||INVESTMENT INCOME|INVESTMENT INCOME|||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| ||Deposit account interest|||||1,456|13| ||INCOME FROM|CHARITABLE ACTIVITIES|||||| |||||||2023|2022| ||||Activity||||| ||SFA funded
training|services|Training|provision||309,920|328,287| ||Course fees||Training|provision||55,814|51,266| ||Membership
fees||Training|provision||7,121|7,689| ||Project income||Training|provision||21,074|8,625| ||Sundry
income||Training|provision||82|5,583| |||||||394,011|401,450| |4.|RAISING FUNDS||||||| ||Other trading
activities||||||| |||||||2023|2022| ||Bad debts||||||2,839| |5.|CHARITABLE ACTIVITIES||COSTS||||| |||||||Support|| ||||||Direct|costs (see|| ||||||Costs|note 6)|Totals| ||Training
provision||||547,503|3,560|551,063| ## ## |SUPPORT COSTS||||| |---|---|---|---|---| |||||Governance| |||||costs| |Training
provision||||3,560| |NET INCOME/(EXPENDITURE)||||| |Net income/(expenditure)||is stated after charging/(crediting):||| ||||2023|2022| |Auditors'
remuneration||||5,400| |Taxation compliance|services|||1,200| |Other non-audit
services||||2,000| |Depreciation
- owned|assets||9,317|5,403| |Hire ofplant and machinery|||2,558|1,833| ## ## ## |STAFF COSTS||||| |---|---|---|---|---| ||||2023|2022| |Wages and salaries
Social security costs|||278,700
24,158|195,066
20,307| |Other pension costs|||22,435|16,740| ||||325,293|232, 113| |The average
monthly|number ofemployees|during the year was as follows:||| ||||2023|2022| |Management
&administration|||6|5| |Training k sales||||3| ||||10|| ## |COMPARATIVES F|OR THE ST|ATEMENT OF FINANCIAL AC|TIVITIES| |---|---|---|---| ||||Unrestricted| ||||fund| |INCOME AND ENDOWMENTS||FROM|| |Charitable
activities|||| |Training
provision|||401,450| |Investment
income|||13| |Total|||401,463| |EXPENDITURE ON|||| |Raising funds|||2,839| |Charitable
activities|||| |Training
provision|||502,724| |Total|||505,563| |Net gains/(losses)
on investments|||(234)| |NET INCOME/(EXPENDITURE)|||(104,334)| |RECONCILIATION|OF FUNDS||| |Total funds brought
forward|||435,915| |TOTAL FUNDS CARRIED FORWARD|||331,581| ## |TANGIBLE FIXED ASSETS||||| |---|---|---|---|---| ||Freehold|Plant and|Motor|| ||property|machine&y|vehicles|Totals| |COST||||| |At I September 2022|82,405|341,704|16,400|440,509| |Additions||7,250||7,250| |At 31 August 2023|82,405|348,954|16,400|447,759| |DEPRECIATION||||| |At
1 September 2022|30,899|331,099|12,449|374,447| |Charge for year|1,448|7,037|832|9,317| |At 31 August 2023|32,347|338,136|13,281|383,764| |NET BOOK VALUE||||| |At 31 August 2023|50,058|10,818|3,119|63,995| |At 31 August 2022|51,506|10,605|3,951|66,062| ## ## |12.|FIXED ASS|ET INVEST|MENTS|||| |---|---|---|---|---|---|---| |||||||Listed| |||||||1nvcstnlcnts| ||MARKET VALUE|||||| ||At
1 September 2022|||||1,887| ||Revaluations|||||(195)| ||At 31 August|2023||||1,692| ||NET BOOK|VALUE||||| ||At 31 August|2023||||1,692| ||At 31 August|2022||||1,887| ||There were no investment||assets outside the UK.|||| ||Cost or valuation
at 31 August 2023 is represented|||by:||| |||||||Listed| |||||||1nvcstnlcnts| ||Valuation
in 2023|||||1,692| |13.|STOCKS|||||| ||||||2023|2022| ||Stocks||||1,110|1,163| |14.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| ||||||2023|2022| ||Trade debtors||||6,945|27,267| ||Other debtors||||526|712| ||VAT||||2,033|| ||Prepayments|and accrued|income||25,313|44,014| ||Prepayments||||1,014|13,301| ||||||35,831|85,294| ## ## ## |15.|CREDITOR|S|: AMOU|NTS|FA|LLING DUE WITHIN ONE|YEAR||| |---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022| ||Trade creditors|||||||24,054|55,666| ||Social security||and other|taxes||||7,306|5,603| ||VAT||||||||275| ||Other creditors||||||||2,532| ||Accrued expenses|||||||16,262|27,194| |||||||||47,622|91,270| |16.|SECURED DEBTS||||||||| |17.|MOVEMENT||IN FUNDS||||||| |||||||||Net|| |||||||||movement|At| ||||||||At 1.9.22|in funds|31.8.23| ||Unrestricted|funds|||||||| ||General
fund||||||331,581|(155,596)|175,985| ||TOTAL FUNDS||||||331,581|(155,596)|175,985| ||Net movement||in funds,|included||in the above are as follows:|||| ||||||||Incoming|Resources|Movement| ||||||||resources|expended|in funds| ||Unrestricted|funds|||||||| ||General
fund||||||395,467|(551,063)|(155,596)| ||TOTAL FUNDS||||||395,467|(551,063)|(155,596)| ||Comparatives||for movement||in|funds|||| |||||||||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| ## ## ## ||||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)| |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1.9.21|in funds|31.8.23| |Unrestricted||funds|||| |General|fund||435,915|(259,930)|175,985| |TOTAL|FUNDS||435,915|(259,930)|175,985| ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| |Unrestricted||funds||||| |General|fund||796,930|(1,056,626)|(234)|(259,930)| |TOTAL|FUNDS||796,930|(1,056,626)|(234)|(259,930)| ## ##