2022-08-31-accounts

Trustee	Directors	Directors	Ms SJaycock
			Mr R Morris
			Mr N Locke			(Appointed	22 March 2023)
Charity	number		287075
Company		number	01706333
Registered		office	11Wedgwood	Road
			Bicester
			Oxfordshire
			OX26 4UL
Auditor			Shaw Gibbs (Audit) Limited
			264 Banbury	Road
			Oxford
			Oxfordshire
			OX2 7DY
Bankers			National Westminster		Bank Pic
			43 Cornmarket	Street
			Oxford
			Oxfordshire
			OX1 3HA

		Page
Trustee Directors' report		1-3
Independent auditofs report		4-6
Consolidated statement offinancial	activities
Statement offinancial activities
Balance sheet
Consolidated statement ofcash flows		to
Notes to the financial statements		11-23

					Unrestricted	Unrestricted
					funds	funds
						as restated
					2022	2021
				Notes	f	8
Income and endowments			from:
Charitable activities					25,859
Other trading activities					785,933	594,639
Investments					138	51
Other income					11,500
Total income					823,430	594,690
~E* Cht
Raising funds				8	924,230	630,873
Charitable activities				9	78,209	24,758
Total expenditure					1,002,439	655,631
Net expenditure		for the	year/
Net movement	in funds				(179,009)	(60,941)
Fund balances	at	1 September 2021			359,298	420,239
Fund balances	at 31August 2022				180,289	359,298

					Unrestricted	Unrestricted
					funds	funds
						as restated
					2022	2021
				Notes	f	5
Income and endowments			from:
Charitable activities					25,859
Investments					30,296	36,461
Total income					56,155	36,461
~ECht
Charitable activities				10	110,010	86,946
Total expenditure					110,010	86,946
Net expenditure		for the	year/
Net movement	in funds				(53,855)	(50,485)
Fund balances	at	1 September 2021			257,759	308,244
Fund balances	at 31August 2022				203,904	257,759

				Group		Trust
				2022	2021	2022	2021
			Notes			6	6
Fixed assets
Tangible assets			16&17	29,852	8,621	1,140	1,520
Investments			18			160,000	160,000
				29,852	8,621	161,140	161,520
Current assets
Debtors			20 &21	142,115	108,861		4,163
Cash at bank and	in	hand		251,210	335,041	86,153	94,976
				393,325	443,902	86,153	99,139
Creditors: amounts		falling due within
one year			22 &23	(242,888)	(93,225)	(43,389)	(2,900)
Net current assets				150,437	350,677	42,764	96,239
Total assets less	current liabilities			180,289	359,298	203,904	257,759
Income funds
General unrestricted		funds		180,289	359,298	203,904	257,759

				2022		2021
			Notes	f		6
Cash flows from operating		activities
Cash absorbed by operations			28		(58,915)		(57,508)
Investing	activities
Purchase	oftangible fixed assets			(25,054)		(1,670)
Investment	income received			138		51
Net cash	used in investing	activities			(24,916)		(1,619)
Net decrease in cash and		cash equivalents			(83,831)		(59,127)
Cash and	cash equivalents	at beginning	ofyear		335,041		394,168
Cash and	cash equivalents	at end of	year		251,210		335,041

Leasehold	improvements	20% Straight	line
Plant and	equipment	25% Reducing	balance
Fixtures and fittings		15-33%Reducing		balance

							Summer
							Camp
							Income
							2022	2021
							8	6
	Sales within	charitable		activities			25,859
4	Other trading		activities —Consolidated
							Unrestricted	Unrestricted
							funds	funds
							2022	2021
							8	F
	Engineering	apprenticeships			and other work-based	training	785,933	594,639
5	Investments		—Consolidated

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
			5
Interest	receivable	138	51
		138	51

			Unrestricted	Unrestricted
			funds	funds
			2022f	2021f
Rental	income		13,200	12,750
Income	from unlisted	investments	17,086	23,709
Interest	receivable		10	2
			30,296	36,461

		Unrestricted	Unrestricted
		funds	funds
		2022f	2021f
Sponsorship	revenue	10,000
Government	grants	1,500
		11,500

T~Ch h
Direct costs
Support costs
Trading costs

Unrestricted	Unrestricted
funds	funds as
	restated
2022f	2021
287,689	158,078
636,541	472,795
924,230	630,873

		Training	Training
			as restated
		2022	2021
Depreciation		380	505
Direct costs		48,569	16,337
		48,949	16,842
Share of support costs (see note 11)		23,033	5,216
Share ofgovernance	costs (see note 11)	6,227	2,700
		78,209	24,758

		Training	Training
			as restated
		2022	2021
		6	6
Depreciation		380	505
Direct costs		77,720	71,525
		78,100	72,030
Share of support costs (see note 12)		23,033	5,216
Share ofgovernance	costs (see note 12)	8,877	9,700
		110,010	86,946

Support	costs —C	onsolida	ted
			Support	Governance	2022	Support	Governance	2021
			COSta	COS'tS		COStS	COStS
			8	6		8	8
Staff costs			456,234		456,234	336,802		336,802
Depreciation and
(profit)/loss	on disposal		3,443		3,443	1,566		1,566
Premises	expenses		24,047		24,047	5,606		5,606
Insurance			6,715		6,715	3,875		3,875
Computer	running	costs	35,686		35,686	21,513		21,513
Motor and	travel
expenses			41,136		41,136	34,543		34,543
Subscriptions and
publications			1,772		1,772	5,280		5,280
Printing, postage,
stationery	and
advertising			9,290		9,290	10,200		10,200
Irrecoverable VAT			25,599		25,599	14,011		14,011
Other costs			12,593		12,593	7,429		7,429
Audit and	accountancy			12,412	12,412		7,770	7,770
Legal and	professional
fees				11,314	11,314		7,554	7,554
Consulting	fees			25,560	25,560		24,562	24,562
			616,515	49,286	665,801	440,825	39,886	480,711
Analysed	between
Trading			593,482	43,059	636,541	435,609	37,186	472,795
Charitable	activities		23,033	6,227	29,260	5,216	2,700	7,916
			616,515	49,286	665,801	440,825	39,886	480,711

Support	costs —Trust
		Support	Governance	2022	Support	Governance	2021
		COSta	COS'tS		COStS	COStS
		6	E		6	6	6
Premises	expenses	15,729		15,729	5,215		5,215
Marketing	and promotion
ofengineering		6,932	2,650	9,582		7,000	7,000
Other costs		372		372			1
Audit and	accountancy		6,227	6,227		2,700	2,700
		23,033	8,877	31,910	5,216	9,700	14,916
Charitable	activities	23,033	8,877	31,910	5,216	9,700	14,916

The average monthly numbe	r ofemployees for the group during the year wa	s:
		2022	2021
		Number	Number
		12
The trust had no employees	during the current and previous year.
Employment costs		2022	2021
		6
Wages and salaries		369,949	266,881
Social security costs		34,472	27,653
Other pension costs		18,534	29,746
		422,955	324,280

16	Tangible fixed assets —Consolidated	Tangible fixed assets —Consolidated	Tangible fixed assets —Consolidated
				Leasehold	Plant and	Fixtures and	Total
				Improvements	ertulpment	fittings
				6	F.	6
	Cost
	At 1 September 2021				14,712	13,046	27,758
	Additions			22,165	2,889		25,054
	Disposals					(554)	(554)
	At 31August	2022		22,165	17,601	12,492	52,258
	Depreciation	and impairment
	At 1 September 2021				10,038	9,099	19,137
	Depreciation	charged	in the year	1,205	1,780	728	3,713
	Eliminated in	respect	ofdisposals			(444)	(444)
	At 31August	2022		1,205	11,818	9,383	22,406
	Carrying amount
	At 31August	2022		20,960	5,783	3,109	29,852
	At 31August	2021			4,674	3,947	8,621
17	Tangible fixed assets —Trust
						Fixtures and fittings
							5
	Cost
	At 1 September 2021						7,250
	At 31August	2022					7,250
	Depreciation	and impairment
	At 1 September 2021						5,730
	Depreciation	charged	in the year				380
	At 31August	2022					6,110
	Carrying amount
	At 31August	2022					1,140
	At 31August	2021					1,520

Fixed asset invest	ments —Trust
				Other
				investments
Cost or valuation
At 1 September 2021 8 31August 2022				160,000
Carrying amount
At 31August 2022				160,000
At 31August 2021				160,000
			2022	2021
Other investments	comprise:	Notes		6
Investments in subsidiaries		19	160,000	160,000

Name ofundertaking	Name ofundertaking	Registered	Nature of business		Class of	% Held
		office			shares held	Direct Indirect
Engineering	Trust Training	11 Wedgwood	Delivery apprenticeships	and	Ordinary	100.00
Limited		Road, Bicester,	training
		Oxfordshire,
		OX26 7DY

Debtors —Co	nsolidated
		2022	2021
Amounts falling due within one year:
Trade debtors		76,998	81,753
Other debtors		10,000	9,150
Prepayments	and accrued income	55,117	17,958
		142,115	108,861

De tl'tora —Till	s't
			2022	2021
Amounts falling due		within one year:
Other debtors				2,163
Prepayments	and accrued income			2,000
				4,163
Creditors: amounts		falling due within one year —Consolidated
			2022	2021
				6
Other taxation	and social security		47,931	14,782
Trade creditors			114,146	35,082
Other creditors			25,024	29,680
Accruals and deferred		income	55,787	13,681
			242,888	93,225

23	Creditors: amounts	falling	due within one year- Trust
				2022	2021
	Other taxation and social security			27,659
	Trade creditors			582
	Amounts owed to subsidiary		undertakings	9,898
	Accruals and deferred	income		5,250	2,900
				43,389	2,900

	2022 F	2021f
Within one year	44,553	23,270
Between two and five years	165,870	22,320
In over five years	6,667
	217,090	45,590

28	Cash generated from	operations	—Consolidated	—Consolidated	—Consolidated		2022	2021
								6
	Deficit for the year						(179,009)	(60,941)
	Adjustments for:
	Investment income recognised in statement				offinancial	activities	(138)	(51)
	Loss on disposal oftangible fixed assets						110
	Depreciation and impairment oftangible			fixed assets			3,713	2,171
	Movements in working	capital:
	(Increase) in debtors						(33,254)	(28,238)
	Increase in creditors						149,663	29,551
	Cash absorbed by operations						(58,915)	(57,508)
29	Analysis ofchanges	in net funds
	The group had no debt	during the year.