2020-08-31-accounts - Humberside Engineering Training Association Limited

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				Page
Report of the	Trustees			1 to8
Report of the	Independent	Auditors		9to 10
Consolidated	Statement	of Financial	Activities
Consolidated	Balance Sheet			12
Charity Balance Sheet				13
Consolidated	Cash Flow	Statement		14to 15
Notes to the	Consolidated	Financial	Statements	16to 23

Name:			Humberside Engineering	Humberside Engineering	Humberside Engineering	Training	Training	Association	Association	Association	Limited	Limited
Charitable		Objectives:	To advance the		theoretical		and	practical		education			and		training			of	persons		engaged				or
			intending to be	engaged		in the engineering				industry.
Company	Number:		01007353
Constitution:			The Company	is	limited	by guarantee.				It was		incorporated					on	7w	April	1971		under			the
			Companies Acts		1948	to	1967 and		is	governed			by	its		Memorandum				and		Articles			of
			Association as	amended		September 1980and					April,		1995
Trustees (who are also			The directors who		held office during the				year,		and up		to the		date of			this	report are:-
directors):
			M.T Joslin	(Chair)								A.J.Hepton					—Resigned			13/11/2020
			R.M. Swain									L. Maloigne
			I.C.Palmer									E.J.Greenfield					—Appointed			13/07/2020
			R.B.C. Ripley —Resigned			28/08/2020						D.J.Oliver					—Appointed			13/07/2020
			D.P. Sowden									M T.	Daubney				—Appointed			28/08/2020
			T. Mottershead
Appointment		ofTrustees:	A person who	is	not a	member		or the	duly		appointed			representative					of	a member				of	the
			Association shall		not be	eligible		to hold	office		as a member					of	the	Board.		Persons			meeting
			the criteria above		are nominated			by the	directors			and	appointed				at	board meetings.
Chief Executive:			I. Eliiott
Registered		Office:	27-31 Dansom	Lane
			Hull
			HU8 7LA
Registered		Charity Number:	508775
Auditors:			Smailes Goldie
			Chartered Accountants
			Statutory Auditor
			Regent's Court
			Princess Street
			Hull
			East Yorkshire
			HU2 8BA
Bankers:			HSBC					Santander
			Merit House					2	Humber			Quays
			Pnory Park West					Wellington				Street
			Hessle					Hull
			Hull					HU1 2BN
			HU13 9PB
Solicitors:			Bndge McFarland
			1 Marina Court
			Hull
			HU1 2AZ

Schools Activities 2018-2019	Schools Activities 2018-2019	Schools Activities 2018-2019		Schools	Activities 2019-2020
				Activities ended March KZe due to Could-19
School	Visits				School Visits
140School Visits				1245choo I Visits
8College Visits				9College Visits
16Careers Fair with multiple	schools attending			13Careers Fair with	multiple schools attending
121Appointments with Career Advisors				121Appointments with Career Advisors
6appointments				13appointments with Career Advisors
Schools Visiting Centre				Schoo/s Visiting Centre
16Taster Days				7Taster Days
6schools attended workshop	tours			4schools attended	workshop tours
Work Experience				Work Experience
7Schools attended work experience				10schools booked	for work experience (Cancelled)
Competitions					Competitions
Marine Apprenticeship essay	competition,	open for all		Equality & Diversity	Poster Competition
schools. In partnership with	Delta Academies		and
North Atlantic. Prize A 5-day	trip on board	Tall	Ship
FIE engineering competition	open for all schools to			Contributed to multiple schools' careers fair
enter.				competitions and making HETA march as prizes.
Health Well 8ein and Personal Develo		ment for staff		and learners

				2020		2019
						E
			Notes
INCOME AND ENDOWMENTS			FROM
Donations and Legacies
Government Grants					12,008
Charitable activities
Apprentice Training				4,011,121		4,071,866
HNC & HND				515,893		518,266
Adult Training				610,998		712,910
Work with Schools				6 DDD		5,850
					5,144,012		5,308,892
Investment income					3,250		3,382
Other income					8,076		48,415
Total					5,167,346		5,360,689
EXPENDITURE ON
Charitable activities
Apprentice Training				3„778,689		3,661,231
HNC & HND				557,480		614,561
Adult Training				690,765		704,255
Work with Schools				24,793		7,436
Total					5,051,727		4,987,483
NET INCOME					115,619		373,206
RECONCILIATION	OF FUNDS
Total funds brought	forward				6,363,163		5,989,957
TOTAL FUNDS CARRIED		FORWARD
CONTINUING OPERATIONS
All income and expenditure		has	arisen from continuing	activities.

At 31st	August 2020
			2020	2019
			Unrestricted	Unrestricted
			funds	funds
		Notes	f	f
FIXEDASSETS
Tangible	assets	12	6,651,373	6,643,149
CURRENT ASSETS
Debtors		14	517,954	1,047,751
Cash at	bank		1,421,210	1,133,446
			1,939,164	2,181,197
CREDITORS
Amounts	falling due within one year	15	(638,381)	(832,112)
NET CURRENT ASSETS			~1300783	1,349,085
TOTAL	ASSETS LESSCURRENT LIABILITIES		7,952,156	7,992,234
CREDITORS
Amounts	falling due after more than one year	16	(1,473,374)	(1,629,071)
NET ASSETS			6,478,782	6,363,163
FUNDS		20
Unrestricted funds			6,478,782	6,363,163
TOTAL	FUNDS		6,478„782	6,363,163

		2020	2019
		Unrestricted	Unrestricted
		funds	funds
	Notes	6	2
FIXEDASSETS
Tangible assets	12	6,651,373	6,643,149
Investments	13	1	1
		6,651,374	6,643,150
CURRENT ASSETS
Debtors		859,234	1,297,884
Cash at bank		1,015,374	805,080
		1,874,608	2,102,964
CREDITORS
Amounts falling due within one year	15	(635,659)	(828,566)
NET CURRENT ASSETS		1,238,949	1,274,398
TOTAL ASSETS LESSCURRENT LIABILITIES		7,890,323	7,917,548
CREDITORS
Amounts falling due after more than one year	16	(1,473,374)	(1,629,071)
NET ASSETS		6,416,949	6,288,477
FUNDS
Unrestricted funds		6,416,949	6,288,477
TOTAL FUNDS		6,416,949	6,288,477

for the year ended 31stA	ugust 2020
					2020	2019
				Notes	6
Cash flows from operating	activities:
Cash generated from operations					749,805	347,267
Net cash provided by (used in) operating
activities					749,805	347,267
Cash flows from investing	activities:
Purchase oftangible fixed assets					(284,063)	(421,137)
Receipts from sales oftangible fixed assets
Interest received Interest paid					3,250 ~39148)	3,382 ~58,764)
Net cash provided by (used in) investing activities					~319961)	~47651ti,
Cash flows from financing Loan repayments in year	activities:				~142,080)	~150,941)
Change in cash and cash	equivalents	in the
reporting period					287,764	(280,193)
Cash and cash equivalents	at the beginning		of
the reporting period					1,133,446	1,413,639
Cash and cash equivalents	at the end	ofthe
reporting period					1,421,210	1,133,446

year ended 31stA	ugust 2020	ugust 2020
RECONCILIATION	OF NET INCOME TO NET CASH FLOW		FROM OPERATING	ACTIVITIES
				2020f	2019f
Net income for the	reporting	period (as per the statement	offinancial
activities)				115,619	373,206
Adjustments for:
Depreciation charges				275,266	256,559
(Profit)/Loss on disposal offixed assets				573
Interest received				(3,250)	(3,382)
Interest paid				39,148	58,764
(Increase)/decrease	in debtors			529,797	(18,952)
Increase/(decrease)	in creditors			~207,348)	(318,928)
Cash generated from operations				749,805	347,267
ANALYSIS OF CHANGES IN NET DEBT

ANA	LYSIS OF CHANGES IN NE	T DEBT
				Other
				non-cash
		At 1.9.19 f	Cash flow f	changes	At 31.8.20 f
Net cash
Cash	at bank	~1,133446	287,764		1,421,210
		1,133,446	287,764		1,421,210
Debt
Debts	falling due
within	1 year	(164,624)		(13,616)	(178,240)
Debts after	falling due 1 year	~1.6 66 1	142,080	3.616	~1473375,
		~1793695)	142,080		1 651615
Total		660,249	429,844		230,405

INCOME FROM CHARITAB	LE ACTIVITIE	S
	Activity			2020f	2019 F
Apprentice fees	Apprentice	Training		776,225	820,622
ESFA funding	Apprentice	Training		3,234,896	3,251,244
ESFA funding	HNC & HND			102,200	55,350
HNCincome	HNC & HND			413,693	462,916
Adult training	Adult Training			570,972	655,725
Passport	Adult Training			40,026	57,185
Get set project	Work with	Schools		6,000	5,850
				~5,144012	5,308,892
INVESTMENT INCOME
				2020f	2019 f
Deposit account interest				3,250	3,382
CHARITABLE ACTIVITIES	COSTS
			Support	2020	2019
		Direct costs	CostS	Totals	Totals
		f	(See note 7) f	f	f
Apprentice Training		2,698,409	1,080,280	3,778,689	3,661,231
HNC & HND		369,279	188,201	557,480	614,561
Adult Training		457,569	233,196	690,765	704,255
Work with Schools		16423	8~370	24793	7436
		3,541,680	1,510,047	5,051,727	4,987,483
SUPPORT COSTS
					Human
			Management F	Finance f	resources f
Apprentice Training			155,933	152,069	485,288
HNC & HND			27,166	26,492	84,544
Adult Training Work with Schools			33,661 ~1208	32,826 1,178	104,758 3 766
			~217968	~212565	~678 350
			Governance	2020	2019
		Other f	costs f	Totals f	Totals f
Apprentice Training		242,451	44,539	1,080,280	1,074,179
HNC8 HND		42,239	7,760	188,201	216,981
Adult Training		52,337	9,614	233,196	248,650
Work with Schools		1,878	346	8,370	2,625
		338,905	62,259	1,510,047	1,542,435

STAFF COS	TS
									2020 E	2019f
Wages and salaries									2,965,519	2,974,630
Social security costs Other pension costs									234,506 ~324 145	202,212 309,226
									3,524,170	3,486,068
The average	monthly	number		of FTE employees		during the year	was as	follows:
									2020	2019
Management									4	4
Administration									16	16
Training and	support								54	51
Apprentices-HATA									40	47
									114	118
The number	ofemployees		whose employee		benefits (excluding		employer	pension	costs) exceeded	660,000was
									2020	2019
E60,001 —F70,000									2	2

TANGIBLE FIXEDASSETS
	Land and	Plant and
Group and Charity	Buildings f	machinery f	Totals
COST
At 1st September 2019	6,827,998	1,867,717	8,695,715
Additions Disposals	31,280 ~220	252,783 t109,885I	284,063 ~110105)
At 31st August 2020	6,859,058	2,010,615	~8,869 673
DEPRECIATION
At 1stSeptember 2019 Charge for year Eliminated on disposal	973,089 116,230 ~4	1,079,477 159,036 ~109,520	2,052,566 275,266 ~109,532
At 31stAugust 2020	1,089,315	1,128,985	2,218,300
NET BOOK VALUE
At 31stAugust 2020	5,769,743	881,630	6,651,373
At 31stAugust 2019	5,854,909	788,240	6,643,149
FIXED ASSET INVESTMENTS
			Shares in
Charity			group
			undertakings
			Z


	2020 f	2019 f	2020 f	2019 f
Trade debtors	418,295	932,731	412,970	852,629
Amounts owed by group undertakings Prepayments	~99659	115,020	346,605 99,659	330,235 115,020
	~517954	1,047,751	~859234	1,297,884

CREDITORS: AMOUNTS	FALLING DUE WITHIN	ONE YEAR	ONE YEAR
			Group	Charity
		2020	2019	2020	2019
		6	5	6	F
Bank loans and overdrafts	(see note 17)	178,240	164,624	178,240	164,624
Trade creditors		177,689	234,658	177,689	234,657
Amounts owed to group undertakings Social security and other taxes		114,856	117,794	1 112,133	1 114,248
Accrued expenses		167,596	315,036	167,596	315,036
	~638381		832,112	635,659	828,566
CREDITORS: AMOUNTS	FALLING DUE AFTER	MORE THAN ONE YEAR
Group and Charity
				2020 6	2019 f
Bank loans (see note 17)				1,473,374	1,629,071
BANK LOANS
An analysis ofthe maturity	of loans is given below:
Group and Charity				2020	2019
					f
Amounts falling due within	one year on demand			178,240	164,624
Amounts falling due between two and five years				692,446	692,109
Amounts falling due m more than five years				780,928	936,962
				~1651,614	1,793,695

Group and Charity
	2020f	2019 5
Less than one year	130,000	130,000
Between 2 and 5 years	130,000
	260,000	130,000

Group	and ch	arity
								2020f	2019 E
Bankloans								~1651614	1,793,695
The loans are		secured	by charges	over the charity's freehold	land and buildings.
MOVEMENT		IN FUNDS
						Net		Transfers
						movement	in	between
				At1.9.19		funds		funds	At 31.8.20
						6		K
Unrestricted		funds
General	fund			6,363,163		115,619			6,478,782
TOTAL	FUNDS			~6363163		~115	619		~6,478 782
Net movement		in funds,	included	in the above are as follows:
						Incoming		Resources	Movement
						resources		expended	in funds
						K		5
Unrestricted		funds
General	fund					~5,155	338	5,039,719	~115619
TOTAL	FUNDS					5,155,338		5,039,719	115,619