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|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||
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|||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|
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||||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|
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||||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|
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||||||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|
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|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|
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||||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||
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||||||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|
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|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|
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|||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|||
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|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|
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||||||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|
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