2021-07-31-accounts

Trustees		AJ Bravo
		M Garvey
Secretary		Mr G Arthur
Chadity number		298851
Company	number	01760271
Registered	office	Consortium	House
		7Cheap Street
		Newbury
		Berkshire
		RG14 5DD
Auditor		Alliotts LLP
		Imperial House
		8 Koan Street
		London
		WC2B 4AS
Bankers		Lloyds Bank	PLC
		3-5 Bridge Street
		Newbury
		Berkshire
		RG14 5BQ
Solicitors		Horsey Lightly Solicitors
		20West Mills
		Newbury
		Berkshire
		RG14 5HG

		Page
Trustees' report
Independent auditor's	report	6-9
Statement offinancial	activities	to
Balance sheet
Statement ofcash flows		12
Notes to the financial	statements	13-22

			Unrestricted	Restricted	Total	Unrestricted
			funds	funds		funds
			2021	2021		2020
		Notes	8	6		6
Income from:
Donations and legacies		3	1,761,229	56,124	1,817,353	2,512,593
Charitable activities		4	139,218		139,218	169,286
Investments		5	1,920		1,920
Total income			1,902,367	56,124	1,958,491	2,681,879
~Ex en ii~ri20
Raising funds		6	519,473		519,473	593,827
Charitable activities		7	1,381,779	'3,511	1,385,290	2,071,455
Total resources	expended		1,901,252	3,511	1,904,763	2,665,282
Net income for	the year/
Net movement	in funds		1,115	52,613	53,728	16,597
Fund balances at 1 August 2020			543,157		543,157	526,560
Fund balances	at 31 July 2021		544,272	52,613	596,885	543,157

			2021		2020
		Notes	6		6
Fixed assets
Tangible assets				82,412		32,484
Current assets
Debtors		12	175,087		320,453
Cash at bank and in	hand		529,403		654,609
			704,490		975,062
Creditors: amounts	falling due within
one year		13	(190,017)		(464,389)
Net current assets				514,473		510,673
Total assets less current liabilities				596,885		543,157
Income funds
Restricted funds		14		52,613
Unrestricted funds				544,272		543,157
				596,885		543,157

					2021		2020
				Notes	6		6
Cash flows from operating			activities
Cash (absorbed		by)/generated	from	19
operations						(54,139)		112,641
Investing	activities
Purchase	oftangible fixed assets				(72,987)		(33,466)
Investment	income received				1,920
Net cash	used	in investing	activities			(71,067)		(33,466)
Net cash	used	in financing	activities
Net (decrease)/increase in			cash and	cash
equivalents						(125,206)		79,175
Cash and	cash	equivalents at beginning		ofyear		654,609		575,434
Cash and	cash	equivalents	at end of	year		529,403		654,609

Donations	and legacies
		Unrestricted	Restricted	Total	Unrestricted
		funds	funds		funds
		2021	2021	2021	2020
		6	6	6	6
Grants		1,761,229	56,124	1,817,353	2,512,593
Grants receivable for core activities
Coronavirus	Job Retention Scheme	2,637		2,637	15,863
ESFA Provider Relief Scheme					89,587
Other		1,758,592	56,124	1,814,716	2,407,143
		1,761,229	58,124	1,817,353	2,512,593

			Charitable	Charitable
			Income	Income
			2021	2020
			6	6
Commercial		training	37,797	27,432
Employer	contdbutions		71,593	113,838
Other income			29,828	28,016
			139,218	169,286
Investments
			Unrestricted	Total
			funds
			2021	2020
			8	6
Interest receivable			1,920

					Unrestiicted	Unrestricted
					funds	funds
					2021	2020
					6	6
Fundraisin		and	ublici
Advertising					62,928	47,741
Other fundraising			costs		2,260	10,758
Staff costs					454,285	535,328
Fundraising		and publicity			519,473	593,827
					519,473	593,827
Charitable		activities
					Charitable	Charitable
					activities	activities
					2021	2020
					6	6
Depreciation		and	impairment		3,511
Training					782,787	1,353,447
Other trainee costs					86,455	69,206
					872,753	1,422,653
Share ofsupport costs (see note 8)					493,560	621,177
Share ofgovernance				costs (see note 8)	18,977	27,625
					1,385,290	2,071,455
Analysis	by fund
Unrestricted		funds			1,381,779	2,071,455
Restricted	funds				3,511
					1,385,290	2,071,455

8	Support costs	Support costs
				Support	Governance	2021	Support	Governance	2020
				costs	costs		costs	costs
				f	f		f	F
	Staff costs			287,181		287,181	410,725		410,725
	Depreciation			19,547		19,547	12,529		12,529
	Rent			57,354		57,354	56,252		56,252
	Insurance			15,902		15,902	12,766		12,766
	Rates and energy			11,156		11,156	9,781		9,781
	Repairs and	renewals		51,201		51,201	62,009		62,009
	Telephone,	postage	and
	stationery			13,827		13,827	16,370		16,370
	Staff training	and
	recruitment			2,069		2,069	3,249		3,249
	Professional	fees and
	subscriptions			19,409		19,409	21,135		21,135
	Sundries and donations			14,884		14,884	12,048		12,048
	The London	Team					282		282
	Bad debts and bank
	charges			1,030		1.030	4,031		4,031
	Audit fees				6,666	6,666		3,450	3,450
	Accountancy				6,512	6,512		8,473	8,473
	Legal and professional				990	990		1,515	1,515
	Trustees' and meeting
	expenses				4,575	4,575		6,146	6,146
	Other governance		costs		234	234		8,041	8,041
				493,560	18,977	512,537	621,177	27,625	648,802
	Analysed between
	Charitable activities			493,560	18,977	512,537	621,177	27,625	648,802

		2021	2020
		Number	Number
		22	27
Employment	costs	2021	2020
		6	6
Wages and salades		644,147	832,017
Social security costs		65,089	76,645
Other pension costs		32,230	37,391
		741,466	946,053

more we	re:
		2021	2020
		Number	Number
675,001	- F80,000		1
F90,001	- F95,000

11	Tangible fixed asset	s
			Fixtures	snd iiitings
	Cost
	At 1 August 2020			54,308
	Additions			72,987
	At 31July 2021			127,295
	Depreciation and impairment
	At 1 August 2020			21,824
	Depreciation charged	in the year		23,059
	At 31July 2021			44,883
	Carrying amount
	At 31July 2021			82,412
	At 31July 2020			32,484
12	Debtors
			2021	2020
	Amounts falling due	within one year:	6
	Trade debtors		123,288	215,888
	Other debtors		4,181	19,950
	Prepayments and accrued income		47,618	84,615
			175,087	320,453
13	Creditors: amounts	falling due within one year
			2021	2020
			6	6
	Other taxation and social security		16,564
	Trade creditors		38,684	122,460
	Amounts owed to fellow group undertakings			60,905
	Other creditors		53,151	58,512
	Accruals and deferred	income	81,618	222,512
			190,017	464,389

					Movement	in funds
				Balance at	Incoming	Resources	Balance at
				1August 2020f	resources f	expended	31July 2021f
	LEP grant				56,124	(3,511)	52,613
15	Analysis	of net assets between	funds
				Unrestricted	Restricted	Total	Unrestricted
				funds	funds		funds
				2021	2021f	2021 f	2020 f
	Fund balances at 31 July 2021 are represented
	by:
	Tangible	assets		29,799	52,613	82,412	32,484
	Current	assets/(liabilities)		514,473		514,473	510,673
				544,272	52,613	596,885	543,157

				2021	2020
				f
Within one year				4,223	5,749
Related party transactions
Remuneration	of key management	personnel
The remuneration	ofkey management	personnel	isas follows.
				2021f	2020f
Aggregate compensation				105,757	168,665