2022-07-31-accounts - Women's Technology Training Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Contents			Page
Members ofthe Board	and Professional	Advisors
Trustees' Annual Report
Independent Auditor's	Report		13
Statement of Financial	Activities		18
Comparative Statement	of Financial Activities		19
Balance Sheet			20
Statement ofCash Flows			21
Notes to the Financial Statements			22

Registered	Charity name	Women's Technology	Training	Training	Training	Limited
Company	number	01712569
Charity number		514972
The Board	ofTrustees	Lit Cross (Chair)
		Sally-Anne Watkiss
		Annette Hennessy
		Kate Fox (Resigned 29/09/2022)
		Claire Dixon
		Emma Carey (Resigned	01/01/2022)
		Nina Roberts
		Jayne Worthington
		Humaira Khan (Appointed		05/04/2022)
Company	secretary	Helen Byrne (Resigned	31/05/2022)
		Jennifer Lawson (Appointed			01/06/2022)
Chief executive		Anne McColl (Resigned 31/12/2022)
		Andrea Rushton (Appointed			01/01/2023)
Registered	office	Blackburne House
		Blackburne Place
		Off Hope Street
		Liverpool
		L87PE
Statutory	Auditor	Mitchell Charlesworth	(Audit)			Limited
		Accountants
		Registered Auditor
		5Temple Square
		Temple Street
		Liverpool
		L2 5RH
Bankers		National Westminster	Bank		Pic
		5 Oxford Street
		Liverpool
		L7 7HL
Solicitors		MSBSolicitors Ltd
		Silkhouse Court
		Tithebarn Street
		Liverpool
		L2 2lZ

Lit Cross (Chair)	Humaira Khan (appointed	05/04/22)
Kate Fox (resigned 29/09/22)	Claire Dixon
Sally-Anne Watkiss	Jayne Worthington
Emma Carey (resigned 01/01/22)	Nina Roberts
Annette Hennessy

Day to day management	ofthe charity is delegated to the	ofthe charity is delegated to the	senior managers.
A McColl	Chief Executive
A Rushton	Executive Director	of Operations
L Mairah	Director of Digital	fk Entrepreneur Centre
A McKenna	Director of Education (appointed		04/01/22)
H Byrne	Financial Controller	(resigned 31/05/22)
J Lawson	Financial Controller	(appointed	01/06/22)

				Unrestricted	Restricted	Total	Total
			Notes	Funds E	Fundsf	2022 f	2021 f
Income from:
Donations	and legacies			11,609		11,609	25,054
Charitable	activities			835,712	412,941	1,248,653	1,683,054
Investments							9
Totalincome				847,321	412,941	1,260,262	1,708,117
Expenditure on:
Charitable	activities		5	773,642	469,943	1,243,585	2,284,648
Total expenditure				773,642	469,943	1,243,585	2,284,648
Net income/(expenditure)		for the
year			10	73,679	(57,002)	16,677	(576,531)
Totalfunds	broughtforward			218,617	144,450	363,067	939,598
Total funds	carried forward			292,296	87,448	379,744	363,067

omparativ	e information	for th	e year e	nded 31July 20	21
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
			Notes	f	f	f	E
Income from:
Donations	and legacies			25,054		25,054	30,850
Charitable	activities			1,022,089	660,965	1,683,054	1,797,029
Investments				9		9
Total income				1,047,152	660,965	1,708,117	1,827,879
Expenditure on:
Charitable	activities		5	967,740	1,316,908	2,284,648	1,547,120
Total expenditure				967,740	1,316,908	2,284,648	1,547,120
Net income/(expenditure)		for the
year			10	79,412	(655,943)	(576,531)	280,759
Total funds	broughtforward			139,205	800,393	939,598	658,839
Total funds	carried forward			218,617	144,450	363,067	939,598

				2022		2021
		Notes
Fixed assets
Tangible assets		12		188,389		212,433
Current assets
Debtors		13	404,214		506,885
Cash at bank			25		25
			404,239		506,910
Creditors: Amounts	falling due
within one year		14	(212,884)		(356,276)
Net current assets				191,355		150,634
Total assets less current liabilities				379,744		363,067
The funds ofthe Charity
Unrestricted		16		292,296		218,617
Restricted		17		87,448		144,450
Totalfunds		18		379,744		363,067

			2022		2021
		Note		f	f
Cash flow from operating	activities	19	(39,599)		(14,084)
Cashflow from investing	activities
Payments to acquire tangible fixed assets				(119,044)
Capital grants received				107,164
			(39,599)		(11,880)
Net (decrease)/increase	in cash and cash
equivalents			(39,599)		(25,964)
Cash and cash equivalents	at 1August 2021		(11,172)		14,792
Cash and cash equivalents	as at 31July 2022		(50,771)		(11,172)
Cash and cash equivalent	consists of:
Cash at bank			25		25
Bank overdraft			(50,796)		(11,197)
			(50,771)		(11,172)

Income from donations	Unrestricted	Restricted	Total	Total
	Funds	Funds	2022	2021
	E	f	f	f
Donations	5,000		5,000	2,241
Grants receivable	6,609		6,609	22,813
	11,609		11,609	25,054

Income from charitable activities	Income from charitable activities				Unrestricted	Restricted	Total	Total
					Funds	Funds	2022	2021
					f	f	f	6
Liverpool City Region Combined	Authority-
AEB					505,079		505,079	504,086
Liverpool City Region Combined	Authority—
Pilot Project					161,235		161,235	88,949
Liverpool City Region Combined	Authority-
L3 Lifetime Skills						7,269	7,269
Liverpool City Region Combined	Authority-
EAS (LSF/ALS)						85,216	85,216	23,667
Liverpool City Region Combined	Authority-
CSFWellbeing								3,000
LCRCA —AE8					2,689		2,689
ESFA - Advanced Learner Loan					39,052		39,052	53,938
ESFA —Learning Loan Bursary					6,300		6,300	150
ESFA - 16-19Programme Funding					47,132		47,132	107,328
ESFA-AEB Further Education 19+funding					(4,076)		(4,076)	625
ESFA —16-19bursary						786	786	1,414
ESFA Learning support funding					(460)		(460)
SSENorth West Sub Grant Year 3		clawback			(19,734)		(19,734)
SSENorth West Sub Grant Year 8								7,030
SEE North West Sub Grant Year 9						6,103	6,103	23,413
SEE North West Sub Grant Year 10						47,759	47,759	14,941
SSEvarious					2,000		2,000	2,000
SSECo-op Foundation					12,308		12,308	18,431
SSEWigan Place based programme						28,583	28,583
SSENorth West Sub Grant Power		to Change				26,471	26,471	69,334
Peer to Peer funding						10,500	10,500
Power to Change Yr12022					6,663		6,663
Merseyside Police 8 Crime Commissioner				Ik
Community Foundations								17,620
The National Lottery Community		Fund-
Coronavirus Community Support		Fund				48,706	48,706	65,963
Steve Morgan Foundation						123,727	123,727	226,833
Steve Morgan Foundation —emergency			covid					10,000
Smallwood Trust					4,174		4,174	7,500
Barclays 100x100fund								100,000
Kickstarter —The Learning Foundry						27,011	27,011
Our Bright Futures —BeeYou Revenue					44,027		44,027	160,570
Our Bright Futures —BeeYou Capital					8,926		8,926	10,119
FECourse fees					7,070		7,070	8,277
Hope University PGOE in FE						810	810
Other income					13,327		13,327	50,702
Liverpool City Region Combined	Authority-
Single Investment Fund (Capital	Investment)							107,164
					835,712	412,941	1,248,653	1,683,054

4.	Income from investments	Income from investments	Unrestricted	Unrestricted		Restricted	Restricted	Total	Total
				Funds			Funds	2022	2021
					6		f	f	f
	Interest - deposits
5.	Analysis ofexpenditure		on charitable	Activities
	activities		undertaken			Support		Total	Total
				directly			costs	2022	2021
					6		6	f	f
	College			837,885		405,700		1,243,585	2,284,648
	f469,943 (2021 61,316,908) of the above costs were				attributable		to restricted	funds and	6773,642 (2021
	6967,740) ofthe above costs were attributable			to unrestricted		funds.
	Allocation ofsupport costs							2022	2021
								f	6
	Management salaries							318,381	264,408
	Premises costs							765	10,227
	Office costs							10,169	27,760
	Depreciation and impairment							24,045	709,892
	Professional							38,126	76,480
	Other							4,766	3,468
	Governance (see note 7)							9,448	3,538
								405,700	1,095,773
7.	Governance costs		Unrestricted			Restricted		2022	2021
					f		6	f	f
	Audit and accountancy fees			9,448				9,448	3,538
8.	Staff costs and	numbers						2022	2021
								6	f
	The aggregate	payroll costs were:
	Wages and salaries							665,304	915,182
	Social security	costs						65,766	74,559
	Other pension	costs						20,196	22,175
								751,266	1,011,916
	Staff recharges							67,606	29,174
	Subcontracted	staff						55,296	164,243
	Total							874,168	1,205,333


Staff costs and numb	ers	(	continued)				2022	2021
							No	No
The average number	ofstaff employed by the				Charity during the year	amounted
to:
Number oftechnical	staff							1
Number ofadministrative			staff				21	18
Number of part-time	tutors						12	13
Number oftutors							8	9
							41	41
The number of employees,			included	in the above, whose emoluments,		excluding	2022	2021
pension contributions,	fell		within the	following	ranges, were:		No	No
E60,001 —E70,000
E70,001 —E80,000


Net income f	or the year	2022	2021
		f	f
This is stated	after charging:
Staff pension	contributions	20,196	22,175
Depreciation	and impairment	24,045	709,892
Auditors' remuneration:
—as auditors		9,448	3,538

12.	Tangible fixed assets	Leasehold		Computer	Fixtures &
		Improvements f	Equipment f	Equipment f	Fittings f	Total f
	Cost
	At 1August 2021	642,802	5,740	194,509	139,022	982,073
	Disposals	(642,802)		(43,836)	(10,000)	(696,638)
	At 31July 2022		5,740	150,673	129,022	285,435
	Depreciation and impairment
	At 1August 2021	642,802	5,740	83,719	37,378	769,639
	Charge for the year			13,769	10,276	24,045
	Elimination on disposal	(642,802)		(43,836)	(10,000)	(696,638)
	At 31July 2022		5,740	53,652	37,654	97,046
	Net book value
	At 31July 2022			97,021	91,368	188,389
	At 31July 2021			110,790	101,644	212,434
13.	Debtors				2022	2021
					f	f
	Grants receivable				75,878	100,939
	Trade debtors				17,357	48,628
	Other debtors				294,788	312,215
	Prepayments				16,191	45,103
					404,214	506,885

Creditors: Amounts	falling due within one year	2022 f	2021 E
Bank overdraft		50,796	11,197
Trade creditors		45,207	51,406
Other creditors		5,291	74,364
Social security and	other taxes	48,550	73,169
Deferred income		47,053	136,868
Accruals		15,987	9,272
		212,884	356,276


15.	Commitments under	operating			leases					Assets other than land and buildings
											2022	2021
	At 31July 2022 the charity			had future total		commitments		under non-			E	f
	cancellable operating	leases as follows:
	Within one year										13,307	12,919
	Between two and five	years									27,823	41,130
											41,130	54,049
16.	Unrestricted funds								As at			As at
								1August				31July
									2021	Income	Expenditure	2022
									f		f	f
	General fund							218,617		847,321	(773,642)	292,296
	Comparative information		in respect ofthe			preceding	period		is as follows:
									As at			As at
								1August				31July
									2020	Income	Expenditure	2021
									E	f	f	f
	General fund							139,205		1,047,152	(967,740)	218,617
17.	Restricted funds								As At			As at
								1August				31July
									2021	Income	Expenditure	2022
									6	E	E	E
	SSENorth West Sub Grant			- year 9						6,103	(6,103)
	SSENorth West Sub Grant			—year 10						47,759	(47,759)
	SSEWigan Based Programme									28,583	(28,583)
	SSENorth West Sub Grant			Power to Change						26,471	(26,471)
	Peer to Peer funding									10,500	(10,500)
	Liverpool City Region	Combined			Authority	- EAS
	(LSF/ALS)									85,216	(85,216)
	LCRCA Lifetime Skills									7,269	(7,269)
	ESFA16-19Bursary									786	(786)
	Steve Morgan Foundation									123,727	(123,727)
	National Lottery Community Fund									48,706	(48,706)
	Liverpool City Region	Combined			Authority—
	Single Investment Fund (Capital				Investment)			144,450			(57,002)	87,448
	Kickstarter- The Learning			Foundry						27,011	(27,011)
	Hope University PGDE in		FE							810	(810)
								144,450		412,941	(469,943)	87,448

							As At			As at
							1August			31July
							2020	Income	Expenditure	2021
							f	f	6	f
	SSE North		West Sub Grant	- year 8				7,030	(7,030)
	SSENorth		West Sub Grant	—year 9				23,413	(23,413)
	SSENorth		West Sub Grant	-year 10				14,941	(14,941)
	SSEvarious							2,000	(2,000)
	SSENorth		West Sub Grant	Power to
	Change							69,334	(69,334)
	Liverpool		City Region Combined		Authority	—EAS
	(LSF/ALS)							23,667	(23,667)
	PCC Wellness funding							17,620	(17,620)
	Barclays	100x100fund						100,000	(100,000)
	Liverpool		City Region Combined		Authority	-CSF
	Wellbeing							3,000	(3,000)
	Steve Morgan Foundation							226,833	(226,833)
	National	Lottery Community Fund						65,963	(65,963)
	Liverpool		City Region Combined		Authority	—Single
	Investment		Fund (Capital	investment)			157,591	107,164	(120,305)	144,450
	Liverpool		City Council - Falkner		Street		642,802		(642,802)
							800,393	660,965	(1,316,908)	144,450
18.	Analysis	ofnet assets between			funds			Tangible	Net Current
								Fixed Assets	Assets	Total
								f	6	f
	Unrestricted funds							188,389	103,907	292,296
	Restricted		funds						87,448	87,448
								188,389	191,355	379,744

			Tangible	Net Current
			Fixed Assets	Assets	Total
			f	f	6
Unrestricted		funds	67,983	150,634	218,617
Restricted	funds		144,450		144,450
			212,433	150,634	363,067

Reconciliation ofnet income/(expenditure) from operating activities	to net cash flow	2022 f	2021f
Net income for the year/(expenditure)		16,677	(576,530)
Capital grant			(107,164)
Depreciation and impairment oftangible	fixed assets	24,045	709,892
(Increase)/ decrease in debtors		102,671	(27,875)
Increase / (decrease) in creditors		(182,992)	(12,407)
Net cash flow from operating activities		(39,599)	(14,084)

Deferred	income	Under 1year	2022	2021
		f	f	E
At 1August 2021		136,868	136,868	127,208
Additions		71,557	71,557	121,093
Amounts	released to income	(161,372)	(161,372)	(111,433)
At 31July	2022	47,053	47,053	136,868

Accrued funding	Under 1year	2022	2021
	E	E	E
At 1August 2021	100,939	100,939	133,894
Additions	42,610	42,610	81,204
Amounts paid during the year	(67,671)	(67,671)	(114,159)
At 31July 2022	75,878	75,878	100,939