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2022-08-31-accounts

allnations training loi mission Year ended 2022 REPORT AND FINANCIAL . STATEMENTS . Company Number.990054 Charity Number311028'.

Chairman's
statement
Report ofthe Board of Management 4-20
Report ofthe Independent Auditors 21-23
Consolidated
Statement		 of Financial Activities
Balance Sheets 25
Consolidated
Statement		 of Cash Flows 26
Notes to the Financial Statements 27-40

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BALANCE SHEET S AS AT 31ST AUGUST 20 22
Group Group Company Company
2022 2021 2022 2021
Note
Fixed assets
Intangible
assets		 11
Tangible assets 12 1,161,210 1,215,989 1,161,210 1,215,989
Investments 13 137283 141258 137383 141358
Total fixed assets 1,298,493 1,357,247 1,298,593 1,357,347
Current assets
Stocks 5,758 5,553 5,758 5,553
Students' fees receivable 75,289 33,586 75,289 33,586
Prepayments
and other debtors		 14 800,114 717,972 750,006 693,351
Amount
due from subsidiary		 101,805 35,202
Cash and cash equivalents 850438 950494 780 355 934345
Total current assets 1,731,599 1,707,605 1,713,213 1,702,037
Liabilities
Creditors: Amounts falling due within one year:
Loans 2,200 2,200 2,200 2,200
Sundry creditors and accruals 15 148,513 154,574 130,227 149,106
Fees received
in advance		 53025 95830 53025 95830
Total current liabilities 203,738 252,604 185,452 247,136
Net current assets 1 527 861 1 455 001 1 527 761 1 454 901
Net assets 16 ~82
354		 ~28
248		 2 826 354 ~812 2 8
Capital Funds
Endowment
(including		 revaluation 13, 137,283 141,258 137,283 141,258
reserve off27,815, 2021:F36,790) 17
Income Funds
Unrestricted
General 2,112,571 2,137,494 2,112,571 2,137,494
Designated 19 412 695 412695 412 695 412695
Total Unrestricted 2,525,266 2,550,189 2,525,266 2,550,189
Restricted 18 163805 120 801 163805 120801
Total Funds ~28 )~54 2 812248 ~2826 35 2~812 2 8

Note 2022 2021
Cash flows from operating
activities:
Net income as per SOFA 14,106 617,747
Adjustments
for:
Depreciation 111,951 107,190
Loss/(surplus)
on sale of property,		 plant &equipment 277
(Gain)/loss
on investments		 8,975 (29,282)
Investment
income		 (15,823) (5,903)
(Increase)/decrease
in trade and		 other receivables (123,845) (627,814)
Decrease/(increase)
in inventories		 (205) 2,759
Increase/(decrease)
in trade and		 other payables ~48 866 61 211
Cash (used by) / generated
from operations		 ~34~3 125908
Net cash flows from operating activities ~5343@ 125908
Cash flows from investing
activities:
Purchase
of property,
plant and equipment		 12 (57,449) (51,611)
(Purchase)/disposal
of investments		 13 (5,000)
Proceeds ofdisposal offixed assets
Interest received 15823 5903
Net cash flows from investing
activities		 ~46 l522 45 70
Net increase/(decrease)
in cash &cash equivalents:		 (100,056) 80,200
Cash
in hand and at bank at start ofyear
Cash in hand and at bank at end ofyear		 950494
IA38		 870294
M9,~44
Net Debt Reconciliation At 1" Cash flows At31"
September August
2021 2022
f.
Cash and cash equivalents 950,494 (100,056) 850,438
Interest free loans from supporters ~2200 ~2200
Total 944~24 UK&%

FOR THE YEA FOR THE YEA R ENDED 31 STAUGUST STAUGUST 2022
INCOME FROM CHARITABLE Unrestricted Restricted Total Total
ACTIVITES &OTHER INCOME Funds Funds 2022 2021
Student fee income taught awards 631,124 631,124 540,403
Course fee income non-credit 167,535 167,535 212,020
bearing courses
Subcontracted
in course fees		 45,756 45,756 43,963
Student accommodation
8 meals		 317,044 317,044 191,218
Sundry income 11,475 11,475 38,187
Furlough
income		 9,888
Rental income 125,394 125,394 125,488
Partnerships
&Consultancy		 35,178 35,178 22,908
Conference
income		 19545 19545 24 398
Total ~1'~951 ~12
~43
The College did not receive any grant income from the Office for Students
or other bodies. (
E9,888) received from the government under the job retention
scheme.
FUNDRAISING
AND MARKETING		 Unrestricted Restricted Total Total
Funds funds 2022 2021
Salary costs 77,083 77,083 45,155
Advertising 1,054 1,054 2,341
Promotional
activity		 & Publications 10,046 10,046 11,079
Appeals
Database 8 Website costs		 516
8 187		 2 952 516
11 139		 395
7 110
Total 96 886 2 952 99838 66080
EXPENDITURE ON Unrestricted Restricted Total Total
CHARITABLE ACTIVITES Funds Funds 2022 2021
Tuition 459,779 25,358 485,137 474,807
Catering 195,073 195,073 165,764
Academic Administration 139,520 139,520 148,710
Bursary grants 53,788 53,788 45,334
Conferences 10,166 10,166 9,684
Student Benevolent Fund grants
Support costs (notes 6 and 7)
Total		 781 170
~1~7~		 10518 791 788 710458
BREAKDOWN OF COSTS OF CHARITABLE ACTIVITY
Support costs have been allocated as follows:
Activities Grant Support Total 2022 Total 2021
undertaken funding costs
directly activities
f.
Student costs 819,730 779,483 1,599,213 1,486,833
Bursaries granted 53,788 53,788 45,334
Conferences
Total		 10155
828,&%		 12305
M7~5		 22 471
~~7		 22 590
~1'i' 57

Total 2022 Fundraising Student
Conferences		 Student
Conferences		 Basis of
& INarketing costs Allocation
Premises 179,215 4,491 Time/Usage/Area
Housekeeping 57,561 Time/Usage
Finance 85,114 2,262 TIITle
IT 2,952 91,530 280 Usage
Facilities 58,581 1,502 Time
HR 22,353 Usage
Management 2,862 51,926 Time
Administration 107,012 972 Usage
Depreciation 8 amortisation 109,152 2,798 Usage
Governance
Total		 17039 ~%5 Time/Usage
PRIOR YEAR FIGURES
Total 2021 Fundraising Student
Conferences		 Basis of
& Marketing costs Allocation
Premises 188,097 4,557 Time/Usage/Area
Housekeeping 40,370 Time/Usage
Finance 74,150 1,968 Time
IT 2,952 65,220 1,680 Usage
Facilities 41,677 1,069 Time
HR 11,713 Usage
Management 2,841 52,041 Tlllle
Administration 107,075 Usage
Depreciation &amortisation 104,511 Usage
Governance 12696 Time/Usage
Total
8 NET INCOME FOR THE YEAR 2022 2021
This is stated after charging:
Auditors'
remuneration		 —audit 11,300 7,500
other services 234 234
Operating
lease charges		 —photocopiers 2,101 3,031
Depreciation oftangible fixed assets 111,951 107,190

Andy Dipper,
Princi		 pal
and CE		 O, receive d the following
re		 muneration:
2022 2021
Basic salary before salary sacrifice 48,899 47,940
Employer
pension		 contribution 8,802 7,830
Salary sacrifice arrangements -pension contributions (4,890) (3,995)
Non-taxable
benefits - provision		 ofaccommodation 16524 16200
Total package 6L3i5. ~7llg$

12 TANGIBLE FIXEDASSETS (GROUP) TANGIBLE FIXEDASSETS (GROUP)
Freehold Furniture Heavy Motor
Properties Fittings & Plant Vehicles Total
Equipment
Cost
At 1"September 2021 1,751,695 854,707 235,681 11,521 2,853,604
Additions
Disposals
At 31"August 2022		 1 751 695 57,449
~1247
910909		 235681 11 521 57,449
~1247
2909806
Depreciation
At 1"September 2021		 936,195 619,195 70,704 11,521 1,637,615
Charge for the year
Eliminated
on disposals		 28,598 59,785
~970		 23,568 111,951
~970
At 31"August 2022 964 793 678010 94272 11 521 1 748 596
Net book value
At 31"August 2021
At 31"August 2022		 815500
786 902		 235512
232 899		 164977
141 409		 1 215989
1 161 210
TANGIBLE FIXEDASSETS (COIIPANY)
Freehold Furniture Heavy Motor
Properties Fittings 8 Plant Vehicles Total
Equipment
Cost
At 1"September 2021 1,751,695 826,331 235,681 11,521 2,825,228
Additions
Disposals
At 31"August 2022		 1 751 695 57,449
~1247
882 533		 -
235681		 -
11 521		 57,449
~1247
2 881 430
Depreciation
At 1"September 2021		 936,195 590,819 70,704 11,521 1,609,239
Charge for the year
Eliminated
on disposals
At 31"August 2022		 28,598
964793		 59,785
~970
649 634		 23,568
94272		 11 521 111,951
~970
1 720 220
Net book value
At 31"August 2021
At 31"August 2022		 815500
786 902		 235512
232 899		 164977
141409		 1 215989
1 161210

Group Company Company
2022 2021 2022 2021
Listed investments 137,283 141,258 137,283 141,258
Investment
in
Total		 Trading
Subsidiary		 ~7~ 100
~1~		 100
~11 'j5
2022 2021
Endowment Funds
Listed UK investments
Market value at 1"September 141,258 111,976
Additions 5,000
Net unrealised
gain/(loss)
on investment
Market value at31"August
Historic cost as at31"August		 assets ~8975
13~72 3
~46		 29282
~141 25
104468
Name ofcompany Description
ofshares		 Proportion
of shares		 Nature of
business		 Aggregate
reserves		 Results
for the
held held year
All Nations
Trading		 Shares off1 100 Conference 100
Limited each services

Trading Company summary profit and loss account 2022 2021
Turnover 137,418 59,064
Cost ofsales and administration expenses (75,026) (40,727)
Depreciation
Profit 62,392 18,337
Amount
gift aided		 to parent company ~62 392 ~18337
Net profit
The assets and liabilities ofthe subsidiary were: 2022 2021
Current assets 120,341 40,770
Creditors: Amounts
Total Net assets		 falling due within one year ~120241
100		 L440687700
~10
Aggregate
share capital and reserves		 100 100
All the above are included
in the consolidated		 accounts ofthe College.

CREDIT OR S: Amo unts
falling due		 within one year
Group Company
2022 2021 2022 2021
Creditors 81,500 75,518 64,414 75,513
Accruals
Total		 8 deferred income 67013
14igi13.		 79056
~~74		 65813
23L227		 73593
24all

16 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Group Fixed
assets		 Investments Net current
Assets		 Total at
31"August 2022
Endowment
funds		 137,283 137,283
Restricted funds 163,805 163,805
Unrestricted
funds
General
fund		 1,161,210 951,361 2,112,571
Seed Funding 18,125 18,125
Strategic Fund
Total		 394570
~27~1		 394 570
PRIOR YEAR
Group Fixed
assets		 Investments Net current
Assets		 Total at
31"August 2021
Endowment
funds		 141,258 141,258
Restricted funds 120,801 120,801
Unrestricted
funds
General fund
Seed Funding		 1,215,989 921,505
18,125		 2,137,494
18,125
Strategic Fund 394570 394 570
Total
Company Fixed
assets		 Investments Net current
Assets		 Total at
31"August 2022
Endowment
funds		 137,283 137,283
Restricted funds 163,805 163,805
Unrestricted
funds
General
fund		 1,161,210 100 951,261 2,112,571
Seed Funding 18,125 18,125
Strategic Fund
Total		 394570
~1&~1		 3945?0
PRIOR YEAR
Company Fixed
assets		 Investments Net current
Assets		 Total at
31"August 2021
Endowment
funds		 141,258 141,258
Restricted funds 120,801 120,801
Unrestricted
funds
General fund 1,215,989 100 921,405 2,137,494
Seed Funding 18,125 18,125
Strategic Fund 394570 394570
Total M~i8

During the year, All Nations
had the followin		 g transaction s
with Redc
2022 2021
Bursary Fund Donation F32,748 Nil
Other Donations F11,455 Nil
Costs re-charged to Redcliffe 645,756 F53,963
Balance due to All Nations at the year-end f46,722 F53,963
Donations
received —Transfer of net assets		 Nil 260,316