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## 

|||||2020|2019|
|---|---|---|---|---|---|
|||||Unrestricted||
|||||fund|Total funds|
||||Notes|f,||
|INCOME|AND ENDOWMENTS FROM|||||
|Charitable|activities|||||
|Trammg||||||
|||||2,457,585|2,074,331|
|Investment|income|||717|1,148|
|Other income||||5,834||
|Total||||2,464,136|2,075,479|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Tfalnlllg||||||
|||||2,344,845|2,116,505|
|NET INCOME/(EXPENDITURE)||||119491|(41,026)|
|RECONCILIATION||OFFUNDS||||
|Total funds|brought|fonvard||594493|635,319|
|TOTAL FUNDS CARRIED FORWARD||||713,584|594,293|





## 

|||2020|2019|
|---|---|---|---|
|||Unrestricted||
|||fund|Total funds|
||Notes||f.|
|FIXEDASSETS||||
|Tangible<br>assets||80,076|88,140|
|CURRENT ASSETS||||
|Debtors|10|524,460|294,012|
|Cash at bards||436rt92|539,615|
|||961,452|833,627|
|CREDITORS||||
|Amounts<br>falling due within one year||(327dt44)|(327,474)|
|NKT CURRENT ASSETS||633,508|506,153|
|TOTAL ASSETSLESSCURRENT LIABILITIES||713,584|594493|
|NKT ASSETS||713,584|594,293|
|FUNDS|13|||
|Unrestricted<br>funds||713484|594493|
|TOTAL FUNDS||713,584|594,293|





## 

|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||Notes|f|5|
|Cash flows from operating||activities||||||
|Cash generated<br>from operations||||||(96,646)|(120,760)|
|Net cash used in operating||activities||||(96,646)|(120,760)|
|Cash flows from investing||sctlvldes||||||
|Purchase oftangible fixcd|assets|||||(6,694)|(19,419)|
|Interest received||||||717|1,148|
|Net cash used in investing|activities|||||(5,977)|(18,271)|
|Change ln cash and cash|equivalents||ln the|||||
|reporting<br>period||||||(102,623)|(139,031)|
|Cash snd cash equivalents||at the beginning||of||||
|the reporting<br>period||||||539,615|678,646|
|Cash snd cash equivalents||at the end|ofthe|||||
|reporting<br>period||||||436~2|539,615|





||||||2020|2019|
|---|---|---|---|---|---|---|
||||||8||
|Net income/(expenditure)||for the reporting|period (as per the Statement of||||
|Financial Activities)|||||119491|(41,026)|
|Adjustments|for:||||||
|Depreciation|charges||||14,758|15,994|
|Interest received|||||(717)|(1,148)|
|Increase in debtors|||||(230,448)|(139,893)|
|Increase in creditors|||||470|45,313|
|Net cash used In operations|||||(96,646)|(120,760)|
|ANALYSIS|OF CHANGES IN NKT FUNDS||||||
||||At|1.8.19|Cash flow|At 31.720|
|||||f|||
|Net cash|||||||
|Cash at bank|||539,615||(102,623)|436'92|
||||539,615||(102,623)|436 rt92|
|Total|||539,615||(102,623)|436 rt92|





## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

|INVESTMENT INCOME|||
|---|---|---|
||2020|2019|
|Deposit account interest|717|1,148|
|INCOME FROM CHARITABLEAC~|||
||2020|2019|
|Activity|||
|Training|||
|BSFAand employer/member|||
|income and income &om support|||
|seMtxu|2,457485|2,074,331|





## 

|4.|CHARI|TA|BL|E ACTI|VITIES COSTS||||
|---|---|---|---|---|---|---|---|---|
||||||||Support||
|||||||Direct|costs (scc||
|||||||Costs|note 5)|Totals|
||Trannng||||||||
|||||||2J96,045|48,800|2,344,845|
|5.|SUPPORT||COSTS||||||
|||||||||Governance|
|||||||||costs|
|||||||||f|
||Tranung||||||||
|||||||||48,800|
|6.|NKT INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||||is stated after chsrgmg/(crediting):||||
||||||||2020|2019|
||Auditors'|remuneration|||||4,995|6,695|
||Auditors'|remuneration|||for non audit work||9,483|8,893|
||Depreciation||-|owned assets|||14,758|15,994|
||Other operating|||leases|||82,300|67,838|



## 

## 

|STAFF COS|TS|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||f||
|Wages and salaries||||||929v237|792,190|
|Social security|costs|||||83,721|71,667|
|Other pension|costs|||||48,239|40,651|
|||||||1,061,197|904,508|
|The average monthly||number ofemployees||during|the year was|as follows:||
|||||||2020|2019|
|Administrative|staff|||||30|26|
|||||||30|26|
|The number ofemployees|||whose employee|benegts|(excluding|employer pension costs) exceeded f60,000was:||
|||||||2020|2019|
|f,60,001 - f70,000||||||I|1|





## 

## 

## 

## 

|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
||||Fixtures|||
||Leasehold|Teaching|and|Motor||
||premises|equipment|equipment|vehicles|Totals|
||||f.|||
|COST||||||
|At I August 2019|18@33|42422|106,890|20,991|188,536|
|Additions||6,694|||6,694|
|At 31 July 2020|18433|49,016|106,890|20 )t91|195430|
|DEPRECIATION||||||
|Atl August2019|7426|19,471|56,110|17,489|100496|
|Charge for year|1,833|4,432|7,617|876|14,758|
|At 31July 2020|9,159|23403|63,727|18,365|115,154|
|NET BOOK VALUE||||||
|At 31 July 2020|9,174|25,113|43,163|2,626|80,076|
|At 31 July 2019|11,007|22,851|50,780|3,502|88,140|
|DEBTORS:AMOUNTS FALLING DUE WITIHN ONK YEAR||||||
|||||2020|2019|
|||||8|f|
|Trade debtors||||483,106|265,766|
|Other debtors||||2,411|466|
|Prepayments||||38)943|27,780|
|||||524,460|294,012|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
|||||2020|2019|
|Trade creditors||||230„997|173,157|
|Social security and other taxm||||25,642|21,820|
|Other creditors||||71,305|132,497|
|||||327,944|327,474|





## 

||||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
||Within one year||||||||78,227|57,927|
||Between one|and Qve years|||||||128,666|112,543|
||||||||||206,893|170,470|
|13.|MOVEMENT||IN FUNDS||||||||
||||||||||Net||
||||||||||movement||
|||||||||At 1.8.19|m funds|At 31.7,20|
||Unrestricted|funds|||||||||
||General fund|||||||594,293|119491|713,584|
||TOTAL FUNDS|||||||594,293|119491|713,584|
||Net movement|in funds, included||||in the above|are as follows:||||
|||||||||Incoming|Resources|Movement|
|||||||||rcsotnces|expended|in funds|
|||||||||f.|||
||Unrestricted|funds|||||||||
||General fund|||||||2,464,136|(2@44,845)|119v291|
||TOTAL FUNDS|||||||2,464,136|(2344,845)|119,291|
||Coruparatlves||for movement||in|funds|||||
||||||||||Net||
|||||||||Prior year|movement||
||||||||At 1.8.18|adjustment|m funds|At 31.7.19|
||Unrestricted|funds|||||||||
||General<br>fund||||||655,319|(20,000)|(41,026)|594,293|
||TOTAL FUNDS||||||655,319|(20,000)|(41,026)|594493|
||Comparative|net movement||in|Rnds, included||in thc above are as follows:||||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in ftmds|
||||||||||f.||
||Unrestricted|funds|||||||||
||General<br>fund|||||||2,075,479|(2,116,505)|(41,026)|
||TOTAL FUNDS|||||||2,075,479|(2,116,505 )|(41,026)|





## 

## 

## 

||||2020|2019|
|---|---|---|---|---|
|||||f,|
|Balance|as at 1 August|||53,450|
|Amount|deferred in the year||||
|Amount|released to income earned from charitable|activities||53,450|



## 

|Total value|ofscheme assets|635,000|
|---|---|---|
|Liabilities|- deferred members|596,000|
|Surplus||39,000|





## 

## 



||||2020|2019|
|---|---|---|---|---|
|||||Total|
|||||funds|
|||||f|
|INCOME ANDENDO~|||||
|Investment<br>income|||||
|Deposit account interest|||717|1,148|
|Charitable<br>activities|||||
|ESFA and employer/member||income and income &om|||
|support<br>services|||2,457,585|2,074,331|
|Other income|||||
|IRS Grant|||5,834||
|Total incoming<br>resources|||2,464,136|2,075,479|
|EXPENDITURE|||||
|Charitable<br>activities|||||
|Wages|||929,237|792,190|
|Social security|||83,721|71,667|
|Pensions|||48,239|40,651|
|Rent|||82400|67,838|
|Utilities<br>snd service charge|||32,151|30,572|
|Insurance|||19406|16,142|
|Repairs and maintenance|||8,598|9,842|
|Telephone<br>and fax|||17312|14,887|
|Postage|||206|232|
|Adverfising|||4,289|7,228|
|Sundries|||8,971|8,328|
|Establislunent<br>-other costs|||5,659|8,191|
|Motor expenses|||60,769|72,170|
|Motor vehicle leasing|||67421|61,270|
|College fees, expenses|and trainee payments||754,896|734,782|
|Certification<br>fees|||56,873|41,855|
|Registration<br>fees|||24,818|30,390|
|Stationery<br>and printing|||12,094|13,713|
|Stafftraining|||5,969|2,718|
|Computer<br>costs|||53447|29,846|
|Bank charges|||591|557|
|Bad debts|||41620|4,785|
|Depreciation|||14,758|15,994|
||||2,296,045|2,075,848|
|Support costs|||||
|Governance<br>costs|||||
|Auditors'<br>remuneration|||4,995|6,695|
|Auditors'<br>remuneratiou|for|non audit work|9,483|8,893|
|Legal and professional|fees||34422|25,069|
||||48,800|40,657|





||2020|2019|
|---|---|---|
|||Total|
|||funds|
|||f|
|Total resources expended|2,344,845|2,116,505|
|Net lncome/(expenditure)|119491|(41,026)|