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||||Page|
|---|---|---|---|
|Trustees'
annual
report|||1-12|
|Notice ofannual
general||meeting|13|
|Independent|auditors'report||14-18|
|Consolidated|statement|offinancial activities|19|
|Consolidated|balance sheet||20|
|Balance sheet|||21|
|Consolidated|statement|ofcash flows||
|Notes forming|part ofthe financial statements||23-33|
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|Royal Patron|His Royal Highness|The Duke of Edinburgh,|KG KT|
|---|---|---|---|
|President|The Earl De La Warr|||
|Chairman|Martyn
Styles|||
|Patrons|Jarvis Astaire, OBE|||
||Brian Blessed|||
||Lady Foley|||
||Derek Strauss|||
|Trustees|Martyn Styles (Chairman)|||
||Andy Blundell|||
||Mike Darbyshire|||
||Alan Gardner|||
||Helen Ogden|||
||David
Unwin, QC|||
||Catherine
Gallagher|||
||Mick Bradshaw|||
||Rosalind Stokeld|||
||Peter Wilson|||
|Adviser to the Trustees|Stephen
Horscroft|||
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|Both companies
trade under the comm
to both:|Both companies
trade under the comm
to both:|on
identity "B|owles". The fo|
|---|---|---|---|
|Principal office and||Bowles||
|registered|office|Sandhill
Lane||
|||Eridge Green||
|||Tunbridge|Wells|
|||TN3 9LW||
|Independent|auditor|Kreston Reeves LLP||
|||Statutory|Auditor|
|||Chartered|Accountants|
|||Montague|Place|
|||Quayside||
|||Chatham|Maritime|
|||Kent||
|||ME4 4QU||
|Bankers||NatWest|Bank|
|||130High|Street|
|||Tonbridge||
|||Kent||
|||TN9 1DE||
|In addition,|the charity banks with:|Charities|Aid Foundation|
|||CAF Bank Ltd||
|||Kings
Hill||
|||Kent||
|||ME194TA||
|||Aldermore|Bank Pic|
|||1st Floor,|Block B|
|||Western|House|
|||Lynch Wood||
|||Peterborough||
|||PE2 6FZ||
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|Management
development
an
Total number
ofstudent days|Management
development
an
Total number
ofstudent days|d team building
courses|d team building
courses||40
3,726
3726|378
2,513
19636|
|---|---|---|---|---|---|---|
|Due to the COVID-19 pandemic||we were unable to run residential||educational|courses but when||
|Government
restrictions|allowed we provided||family party groups|and holiday|courses to enable|young|
|people to be able to access the||centre.|||||
|included in the above figures are the following:|||||||
|Student days for disadvantaged||young people||||1,004|
|Student days for young|people|with disabilities||||303|
|Type ofstudent|||||||
|School children||||||87Y|
|Supervisory
and management||staff||||11%|
|Other adults||||||2%|
|Length ofcourse|||||||
|Longer than two days||||||71%|
|Two days||||||16%|
|Non-residential||||||13%|
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|FOR THE YEAR E|N|DED 31 MARCH 2|021|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|Funds|Funds|2021|2020|
||||I||f||F|
|Income from:||||||||
|Donations
and legacies||||187,221|9,225|196,446|22,135|
|Other trading
activities|||3|220,764||220,764|387,553|
|Charitable
activities|||3|333,112||333,112|1,129,1'19|
|Investments||||696||697|1,541|
|Other||||399,941||399,941|42,597|
|Total income||||1,141,734 .|9,226|1,150,960|1,582,945|
|Expenditure
on||||||||
|Raisirig funds -,|||' 3;5|452,056||452,056|363,753|
|Charitable
activities|||5|535,727|25,109|560,836|1,100,379|
|Total expenditure||||987,783|25,109|1,012,892|1,464,132|
|Net income/(expenditure).||for the year||||||
|before transfers||||153,952|(15,883)|138,069|118,814|
|Gross transfers
between||funds||||||
|Net movement
in funds||||153,952|(15,883)|138,069|118,814|
|Fund balances
brought|forward at 1 April 2020|||1,329,520|740,573|2,070,093|1,951,279|
|Fund balances carried|forward|||||||
|at 31 March 2021||||1,483,472|724,690|2,208,162 -|2,070,093|
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|||Note||2021f||2020f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||||1,679,787||1,758,052|
|Current assets|||||||
|Stocks||11|24,690||33,067||
|Debtors||12|66,246||94,514||
|Cash at bank and in|hand||917,484||598,792||
||||1,008,421||726,374||
|Creditors: amounts|falling due||||||
|within one year||13|~251,375||~414,333||
|Net current (liabilities)/assets||||757,042||312,041|
|Total assets||||2,436,829||2,070,093|
|Creditors: amounts|falling due||||||
|after more than one|year|14||228,667|||
|Net assets||||2,208,162||2,070,093|
|Funds|||||||
|Unrestricted
funds||||1,483,472||1,329,520|
|Restricted funds||||724,690||740,573|
|Total funds||16||2,208,162||2,070,093|
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|AS AT 31|MARCH|2021||||||
|---|---|---|---|---|---|---|---|
||||Note||2021||2020|
||||||||F|
|Fixed assets||||||||
|Tangible assets|||||1,679,787||1,758,052|
|Investment|in subsidiary||||100||100|
||||||1,679,887||1,758,152|
|Current assets||||||||
|Stocks|||11|24,690||33,067||
|Debtors|||12|730;615||--431,174-||
|Cash at bank and in||hand||448,735||223,816||
|||||1,204,040||688,057||
|Creditors:
within one|amounts
year|falling due|13|~194,276||~394,713||
|Net current|(iiabiiities)/assets||||1,009,765||293,344|
|Total assets|||||2,689,652||2,051,496|
|Creditors:|amounts|falling due||||||
|after more|than one|year|14||228,667|||
|Net assets|||||2,460,985||2,051,496|
|Funds||||||||
|Unrestricted|funds||||1,736,295||1,310,923|
|Restricted funds|||||724,690||740,573|
|Total funds|||||2,460,985||2,051,496|
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|FOR THE YEAR ENDE|D 31|MA|RCH|2021||||
|---|---|---|---|---|---|---|---|
||||||Note|2021|2020|
|||||||f.||
|Net cash used in operating|activities||||24|78,436|129,261|
||'l|||||||
|Cash flows from investing|activities|||||||
|Interest and dividends||||||697|1,541|
|—Purchase oftangible
fixed assets||||||-(5,442)|(39,324)|
|Cash provided
by (used in) investing|||activities|||(4,745|(37,783).|
|Cash flows from financing|activities|||||||
|Borrowing||||||245,000|(29,804)|
|Cash used in financing
activities||||||245,000|29,804)|
|Increase
in cash and cash||||||||
|equivalents
in the year||||||318,692|61,674|
|Cash and cash equivalents|at the|beginning||ofthe year||598,792|537,118|
|Total cash and cash equivalents||at|the end ofthe year|||917,484|598,792|
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|4|Net|movement|in funds - net income for the year|2021|2020|
|---|---|---|---|---|---|
||||||F|
|||This is stated|after charging:|||
|||Depreciation|oftangible fixed assets|83,707|85,427|
|||Auditors'
remuneration||3,863|3,274|
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||||Costs of|Costs of|Costs|Costs of|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Generating|Ancillary|Incurred
by|Charitable|2021|2020|
||||Voluntary|Trading|Trading|Activities|||
||||Income||Subsidiary||||
||||F||||||
|Training sa!aries|||||119,726|161,536|281,262|313,513|
|LBD Salaries|||||90,376||90,376|109,030|
|Other training|costs||||5,781|7,828|13,609|29,999|
|Catering
and|maintenance||||||||
|salaries|||||76,375|101,724|178,099|240,081|
|Other catering|and||||||||
|maintenance|costs||||22,003|29,687|51,690|203,854|
|Administration|salaries||||86,641|114,509|201,150|223,649|
|Other administrative||costs|||39,790|37,292|77,082|164,842|
|Irrecoverable|VAT||||7,473|9,904|17,377|40,232|
|Bad debt||||||||23,215|
|Depreciation||||||83,707|83,707|85,427|
|Bursary fees||||||11,387|11,387|8,820|
|Barsalaries||||1,321|||1,321|1,134|
|Shop/bar/vending||costs||1,970|||1,970|17,064|
|Auditors'
remuneration|||||||||
|Audit services|||||600|3,263|3,863|3,274|
|||||3,291|448,764|560,836|1,012,892|1,464,134|
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|6|Staff costs|||||2021f|2020f|
|---|---|---|---|---|---|---|---|
||Wages and salaries|||||679,451|801,417|
||Travelling
expenses|included|in salary costs in note 5||||223|
||Travelling
expenses|included|in administrative|expenses|in note 5|1,970|1,970|
||Social security costs|||||45,827|55,863|
||Other pension costs|||||26,929|29,904|
|||||||754,177|889,377|
||||2021|2020|
|---|---|---|---|---|
|Training||- Full time|6.0|6.6|
|||-Seasonal|7.1|6.5|
|||- Part time|3.8|3.6|
|Administration||- Full time|5.0|4.0|
|||- Part time|0.5|1.5|
|Learning|& Development|- Full time|2.0|2.0|
|||- Part time|1.0|1.0|
|Bar||- Part time|0.5|0.2|
|Maintenance||- Full time|1.0|1.0|
|||- Part time|0.5|0.5|
|Catering||- Full time|3.0|3.0|
|||- Part time|5.4|6.9|
||||35.8|36.8|
|7|Interest payable|2021
E|2020f|
|---|---|---|---|
||On bank loans and overdrafts||133|
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|8|Tangible fixed assets|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||Freehold property|||Furniture,|fixtures and|fittings||Training|equipment||
|||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|Restricted|Unrestricted||Total|
|||Funds|Funds||Funds|||Funds||||
||Cost or valuation|||||||||||
||At 1 April 2020|1,000,138|1,407,815|2,407,953|63,090|198,931|262,021|65,875|109,559||175,434|
||Additions|||||5,442|5,442|||||
||Disposais|||||||||||
||At 31 March 2021|1,000,138|1,407,815|2,407,953|63,090|204,373|267,463|65,875|109,559||175,434|
||Depreciation|||||||||||
||At 1 April 2020|271,306|489,090|760,396|63,090|165,596|228,686|58,021||74,322|132,343|
||Charge for the year|13,722|43,821|57,543||7,494|7,494|||8,975|8,975|
||On disposals|||||||||||
||At 31 March 2021|285,028|532,911|817,939|63,090|173,090|236,180|58,021||83,297|141,318|
||Net BookValue|||||||||||
||At 31 March 2021|715,110|874,904|1,590,014||31,283|31,283|7,854||26,262|34,116|
||At 31 March 2020|728,832|918,725|1,647,557||33,334|33,335|7,854||35,237|43,091|
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|8|Tangible fixed assets||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||(Continued)||Motor vehicles||Plant and machinery|||Total|tangible
fixed|assets|
|||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
|||Funds|Funds||Funds|||Funds|||
||Cost or valuation||||||||||
||At 1 April 2020||78,071|78,071|137,925|164,176|302,101|1,267,028|1,958,552|3,225,580|
||Additions||||||||5,442|5,442|
||Disposals||||||||||
||At 31 March 2021||78,071|78,071|137,925|164,176|302,101|1,267,028|1,963,994|3,231,022|
||Depreciation||||||||||
||At 1 April 2020||72,067|72,067|137,925|136,111|274,036|530,342|937,186|1,467,528|
||Charge for the year||3,022|3,022||6,673|6,673|13,722|69,985|83,707|
||On disposais||||||||||
||At 31 March 2021||75,089|75,089|137,925|142,784|280,709|544,064|1,007,171|1,551,235|
||Net BookValue||||||||||
||At 31 March 2021||2,982|2,982||21,392|21,392|722,964|956,823|1,679,787|
||At 31 March 2020||6,004|6,004||28,065|28,065|736,686|1,021,366|1,758,052|
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|11|Stocks||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Groupf|Trustf|Group
f|Trust
f|
||Goods for resale||||||24,690|24,690|33,067|33,067|
|12|Debtors||||||2021||2020||
||||||||Groupf|Trust|Groupf|Trust|
||Amounts
due from|subsidiary||||||666,619||359,830|
||Trade debtors||||||13,193|10,944|90,126|68,637|
||Less: Bad Debt Provision||||||||(23,215)|(23,215)|
||Prepayments
and accrued||||income||53,053|53,053|27,603|25,923|
||||||||66,246|730,615|94,514|431,174|
|13|Creditors: amounts|||falling due|||2021||2020||
||within one year||||||Group
f|Trust
f|Groupf|Trustf|
||Trade creditors||||||36,026|36,026|25,296|25,296|
||Bank loans and overdrafts||||(see note 15)||16,333|16,333|||
||Tax and social security costs||||||22,545|21,911|45,231|37,446|
||Other creditors||||||7,339|7,339|77,170|71,854|
||Accruals and deferred|||income|||169,135|112,667|266,636|260,118|
||||||||251,378|194,276|414,333|394,713|
||Deferred income||||||Groupf|Trustf|||
||Deferred income at||1|April|2020||259,808|253,890|||
||Resources deferred||during||the year||160,888|105,622|||
||Amounts
released|from previous||||years|(259,808)|(253,890)|||
||Deferred income at||31 March 2021||||160,888|105,622|||
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|16 Statement offunds (cont.)||||||
|---|---|---|---|---|---|
|Statement offunds - prior year||||||
||Brought|Incoming|Resources|Transfers|Carried|
||forward|resources|expended|in/out|forward|
||E|||E||
|Generalfunds||||||
|General
fund|1,188,165|1,582,945|(1,441,590)||1,329,520|
||1,188,165|1,582,945|(1,441,590)||1,329,520|
|Restricted funds||||||
|Fixed asset fund|750,406||(13,722)||736,684|
|Bursary fund|12,708||(8,820)||3,889|
||763,114|1|(22,542)||740,573|
||1,951,279|1,582,946|1,464,132)||2,070,093|
|ysis ofgroup net assets between funds|- current year|||
|---|---|---|---|
||Unrestricted|Restricted||
|Fund balances at 31 March 2021
are represented
by;|Funds
F|Funds
F|Totalf|
|Tangible fixed assets|956,823|722,964|1,679,787|
|Cash at bank and
in hand|917,484||917,484|
|Other current assets|90,936||90,936|
|Creditors|(470,819)|(9,226)|(480,045)|
||1,494,424|713,738|2,208,162|
|ysis ofgroup net assets between funds|- prior year|||
|---|---|---|---|
||Unrestricted|Restricted||
|Fund balances at 31 March 2020
are represented
by;|Funds
E|Fundsf|Totalf|
|Tangible fixed assets|1,021,366|736,686|1,758,052|
|Cash at bank and
in hand|594,905|3,887|598,792|
|Other current assets|127,581||127,581|
|Creditors|(414,333)||(414,333)|
||1,329,520|740,573|2,070,093|
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|cash flow from oper|at|ing
ac|tivities.||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||funds|funds|
||||||2021|2020|
|Net movement
in funds|||||138,069|118,814|
|Add back depreciation||charge|||83,707|85,427|
|Deduct interest income||shown|in investing|activities|(697)|(1,541)|
|Decrease (increase)|in|stock|||8,377|(1,851)|
|Decrease (increase)|in|debtors|||28,268|(32,675)|
|Increase (decrease)|in|creditors|||(179,287)|(38,912)|
|Net cash used in operating|||activities||78,436|129,261|