REGJSTERED COMPANY NUMBER: 01909956 (England and Wales) REGISTERED CHARITY NUMBER: 518473 AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 FOR DONCASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAINING A&SOCIATION LIMITED (A COhlPANY LIMITED BY GUARANTEE) Xeinadin Audit Limited StaDJtory Auditor. Chartered Accountsnts Sidings House. Sidings Coun takeside Doncaster South Yorkshite DN4 5NU •AET8068Z• 07m112026 COMPANIES HOUSE *201 Dof4CASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAINING ASSOCIATION LIMITED COTrITENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED JI JULY 2025 Page Reference and Administrative Detsi15 Report of the Trustees 2 to 13 Report of the Independent Auditors 14 to 17 Staternent ofFinaDcial Activities 18 Balance Sheet 19 C#sh Flow Statement 20 Not￿ to the Cash Flow Stst¢tn¢n¢ 21 Notes to the Finanei81 Ststemertts 22 to 31 Detailed Ststement Df Financial Activities 32 to 33 DONCASTER ROTHERHAM AND DTSTRICT MOTOR TRADES GROUP TRAINING ASSOCIA TION LIMITED REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2(125 TRUSTEES P M Coggon G C Hamier M Miller G Thompson M D Wainwright (resigned l.1.25) L R Wright A Scott COMPANY SECRET ARY REGISTERED OFFICE Rands Lane Industrial Estaie Arnithorpe Doncaster DN3 3DY REGISTERED COMPANY NUMBER 01909956 (England and Wales) REGISTERED CHARITY NUMBER 518473 AUDITORS Xeinadin Audht Limited Starutory Auditor. Chartered Accountants Sidings House. Sidings Court Lakeside Doncaster South Yotkshire DN4 5NU BANKERS Barclays Bank PLC High Styeet Doncaster DNI IEG Lloyds TSB High Str¢¢i Doncaster DNI IBH Page I DONCASTER ROTHERJIAM AND DISTRIcf MOTOR TRADES GROUP TRAtNING ASSOCIATION LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED JI JULY 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their report with the financial staternents of ihe charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Stsiemeni of Recommended Praciice applicable to charities pieparints their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland (FRS 102) (effe¢tiv¢ l January 2019). STRATEGIC REPORT STRUCTURE, GOVERNANCE AND MANAGEMENT GOVEIiNING DOCUMENT The Group Training Association is a charirable Company Limited by Guarantee incorporated on the 30 April 1985 and registered as a charity on 10 February 1987. The Company was established under a Memorandum of Association that established the objects atld EK)wers of the Charity and is governed under its Article5 Of Association. In the event of the Group Training Association being wound up, members are required io contribute an atnount not exceeding £10. RECRUITMENT AND APPoiNT￿ENT OF COUNCIL The Directors of the Group Training Associatkon are also Charity Trustee5 for the PUTPO5e of Charity Law and are also known as Members of the Council. Under the requirements of the Memorandum & Articles of Association, the Member5 of the Council are elected to serve until resignation. All Council Metnbers have direct links with the n]otor trade through their own business or by way of current or past employmeni within the motor trade. Most Council Members have served the Group Training Association for a long tim¢, however, frotn tirne to time new rnembers are elected who are known to have the interest of the Association at heart. Given their in-dep(h knowledge ol the industry, a specific training PrOgran￿le is not considered nece55ary, however, the Chair, the Group Training Manager and oiher Council MembeTS assist any new members in understanding their obligation5 and resw)nsibiliiies under th¢ Companies and Chariti¢5 Acts. ORGANISATIONAL STRucfuRE The Organisational Structure of the Group Training Assxiation 15 mad¢ up of a Board of Council Members elected frotn the rnetnbeT5hip of the Company. The Council is responsible for the Strdtetsic direction and policy of the Group Training A￿o¢lai10n. Strnctured monthly meetings are held io deiemiine policy and procedures. The Executlve Council members meet every othei month and there is a whole Council meeting in ihe u)terYening rnonths. Meetings are minu*d by th¢ Company Secretary and minuies are circulated to all members. A scheme of delegation 15 in place and day to day responsibility for the provision of training services rests with the Group Training Manager who atten¢ts council meetings but who does not have a vole_ The Group Training Manager is responsible for ensuring that the Company delivers the trdining service5 aThd ensuring thai key perfomiance indicators ar¢ met. Th¢y are a150 re5rrf)n5ible for th¢ day to day operational management of the Company. Page 2 DONCASTER ROTHERHAM AND DJSTRICT MOTOR TRADES GROUP TRAINING ASSOCIATION LIMtTED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT PAY POLICY FOR KEY STAFF The Council con5lSt% of the board of trusiees and the senior Tnanagement team. The management team are the key personnel of the chariry in charge of directing and controlling, running and operating the charity on a day-io-day basis. All council members give th¢ir tim¢ freety and no council rnember receives r¢muneration in the y¢ar. The pay of the senior staff is reviewed annually along with other stsff employed by the chartty. usually with a percentage increase relating to inflation and competition in the employee markei for staff_ Where pay for senior staff falls outside thai percentage incre&5e, that would be reviewed and approved by the Board of Council Member5. The educational and rrninsng aciiviiies of ihe Group Trdining Association are managed by a total of rwenty seven staff lon average) employed throughout the Training A550ciation's No Cenrre5 and fiv¢ departsnents. STAFF DESIGNATION BY OCCUPATIONAL ROLE (AS OF DECEMBER 2024) Mallagement Technical Tutors Logistics Tutors Administrative Siaff Functional Skills Tuior Business Studies Tutors Marketlllg Cleaners 13 Bi-monthly ￿1] siaff meetings tske pla￿ at th¢ DoD¢aster Centre (staff ￿ Sheffield attend via Teams) that are mandatory for all stsff to attend to ensure staff are fully infornied of Company developments. On the intervening months a Quality Tearn meeting lakes place ai Doncasier to l(K)k at ways of improvin(T training programtnes. The meetings have a set agenda and ensure opernional activities are aSsi￿¢d by an Infornied team of administrative and tutorial personnel. The entire workforce. including Managers. Supervisors and Team Leaders have direci experience of delivering training programmes. They are responsible for delivering a highly succes5fiJl Government funded apprentice training contract and continue to provide high quality courses evidenced by rninimal problem5 aThd 5UStained improvetnents in participation. A total of twenty seven staff (on averLtse) are employed by the Company. Seven of these staff members work on a part-tirne role. During the year there have been some njtorial staff changes, with tutorial stsff who have left the Company being replaced by new staff with upto-date industrial knowledge a￿d skills. Page 3 DONCASTER ROTHERHAM AJYD DISTRICT MOTOR TRADES GROUP TRAINING AsSOC￿TION LIMITED REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 JULY 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT OUR AIMS The main aims and principal activities of the Group Training Association are slated in the Memorandum and Articles of Association being th¢ Goveming Instrumenl which are the provision of trdining and education for learners ¢rnployed or to prepare, assist or enable ihetn io be employed or engaged in activities connecied to Ihe Retsil Motor Trade oi Road Transport Industy. OUR OBIECTIVES In settints our objeciives and planning our activities. our Council has given ¢arefiJl consideration to the Charity Commission's guidance on public benefit and, in particular. io its supplementary public benefit gutdanrx on advancing education and fee charging. We aim to provide (he benefit of fwst class education and training to assist any individual employed or considering employment in the Retail Motor Trade or Road Trdnsport Industry with a view to developing their ski115, education and abilitie5. The Group Trailling Association admiL8 persons of all Social backgrounds. The Group TrainiDg Association has to meet the standards of external quality audits in term5 of Qualtty Manag¢m¢Ttt, a fomal inspection by Ofsied, DepaTtsnent for Educ&ion (DfE), Local Authorities. Matrix Stsnd3rd and Investor in People Award for which the Mission Ststement is a defmed objeciive=_ To be the r￿st choice training organisation delivering ￿upatiOnal trdtning in Automobile, Trdnsport Logistics and Business S￿dIeS. Our corporate goals are'.- To provide the quality and reliability of woducts and seryices. To provide the rnosi cost effectiv¢ course and value to our cu5totners. To be the leader in each occupational area in which we ttain. To srrive io develop all employees. Ihrough the provision of training in order to help us achieve our business goals. To be [￿anCiallY Strong iTt order that the most up to date facilities and equrpment can be provided to benefit Course delegaies and appientiees. To matnthin the active pursuit of advanced te¢knology and detennine the markets where developing new skills is evidenced and to provide accordingly. To understand our customer needs and w ￿act with our provision accordingly. ACCESS TO TRAINING Af4D COTrfPANY ETHOS Our training facilities are available to 8nyone considering a career or currently employed in the Retsil Motor Trade or the Road TTan%port Industry. The training is either supported by a school, employer or the DfE so that no learner needs to make any fthancial contribution towards the cost of trdining. In addilion, we are an equal opportunity organisation and are committed to a working environment that is free from any fonn of di￿rIMination including. but not limited to'.- Age Gender rea$5ignment Being Tnarried or in a civil partnership Being pregnant or oll In*emity leave Disability Race including ¢olour. nationality. ethnic or national origin Religi(Trn or belief Sex Sexual orientation Page 4 DONCASTER ROTHERHAM Af4D DISTRICT MOTOR TRADES GROUP TRAlf41NG ASSOCIATION LIMfTED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT The Charity'5 aims are ¢0 provide edu￿tion and training to &8SiSt leameTS in progression ttswards, or gaining vocational qualification5 to prepare, a5Si5t or enable thcTn to be employed or engaged iT] apprenticeships connecied to the motor vehicle repair industy or road tran5POrt industry. The Group Training Association provide5 motor vehicle education and training courses for a range of learn¢r5 from the age of fourteen onward5. The training courses benefit learneTS ai school. learners excluded from school, eTnployed and unemployed. QUALITY OF PROVISION AND AUDIT OF STANDARDS In July 2022 the Govemmentts educaiional national inspection regime Of5ted vislt¢d the Group Training Association to carry out a four day fvll, short notice inspection involving a team of six inspectors. The pievious inspection was May 2016. OFsted continue to reserve the option io visii the GTA at any time. Inspections are graded as follows.'- Grade I Grade 2 Grade 3 Grade 4 Outstanding Good Improvement required Inadequate The Group Training Association was awatded the following Grades in July 2022.. The quality of education Behaviour and attitudes Personal development Leadership and management Apprenticeships Overall effectiveness fjood Good Good Good Good Good The Group Training Association has now t￿en awarded a Grade 2- Good by Ofsted since 2004. Page 5 DONCASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAINING ASSOCIATION LIMITED REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 JULY 2025 Iproyements to the operaiioft of the Group Training Association are conducted by an in-house Quality Team. range of specific audii items has been produced to form a Qualiry Calendar that specifjes the date for assessment. Audit reviews cover twenty five spe¢ifJ¢ areas and in¢lud¢'.- Group Thr¢e Year DeveloptDent Plan Meetings Learner Health and Safety Measures Srnff Reviews Equalsty and Diversity The Prevent Duty British Values Self-Assessment Report & Quality Improvemeni Plan Quality System Review Learner Progression and Success Observaiion of Tutorial Delivery tntemal Verification ofski115 Assessors STAFF DEVELOPMENT The Company progresses Tutors on a fomial leaching qualification. All Sfaff involved in teaching or training leamers on Govemment funded programmes are expected to progres5 to an &s5essor and, or teaching qualifjcation. Staff have attended a broad range of training courses tothlling one hundred and forty eight days of attendance in relation to improving leamer training PTogrammes and technical upd￿ing. QUALITY STANDARDS The Company held the Investors in People Award since 1994. We achieved re-¢¢rtifJcation for a ￿rther three years in January 2023 arKI will need to be re-accredited in JaDuary 2026 which will be a5sess¢d against the new standard. Other quality stsndor(L5 held are Matrix (for Infi)rmation Advice and Guidance). Cy￿￿ Es5¢ntials Certification (Cyb¥r E55entials Scherne). The Group Training Association maintained ¢ontinu¢s to d¢liver provision of 14-16 school VO¢￿10fta1 prograrnmes to two 5choo15 at the Sheifield Training Centre outside of the local authority contract RANGE OF QUALtFICATTONS AND AWARDS The Group Training Association is registered with the major (￿alifiCation Award Bodies and meets the appraisal requirements of.._ Chty & Guilds tsf London InstiThite Insiilute of the Motor Irtdustsy Road Transpon Industy Training Board (RTITB) Department of Transport Alltomotive Technician Ac¢reditstion Scottish Qualifications Authority (SQA) DVSA Skhlls aDd Education Group (SEG) Page 6 Dof4cASTER ROTHERHAM AND DISTKICT MOTOR TIi4DES GROUP TRAiNJNG ASSOCIA TION LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Costs ielated to Apprentice and School cours&s are high as they include:_ Related staff wages Safety o￿l¢er costs Tran5POrt ¢osts Vehicle costs and diesel for assessment visits to learner placements Classroom and workshop COS￿ overalls. wdining equipment eic Registration fees and lesson costs Rates, heal light, power, insurdnces Building rnaintenance costs New course developmeni costs- equipment etc Apprentice End Point Assessment and re-sit costs Perishable or once used items Limited life of training EPA vehicles ACHIEVEMENTS AND PERFORMJYCE Trusiees and Council members meet each month and have a fomial agenda for each meeting. A management repon is pre5ent¢d to all Council Members and provides a ststistical analysis of learner achievement and perfomiance against objetlives sei in Contracts held for each programme or training activity. APPRENTICES The Group Training Association iendered for a Govemmeni funded contract with the Education and Skills Funding Agency (ESFA), which is now under the Departmeni for Education (D￿). This Govemmeni legislated contract has an important significance to the Grtsup Training Association a5 it accoun￿ for over sixty per¢ent of the course income funding. In June 2017 ihe Group TTaining Association was awarded Gtsvenunent fi￿dIng apprentice trdining contrdct for levy paying employers despit¢ fjerce competition from colleges and other training organisations that operate on a national basis. Th¢ 'R¢gister of Approved Trdining Providers. (ROATP) wa5 refreshed in December 2021. requiring all approved providers to re-apply under new, siricier conditions. The Group Training Association was success￿1 in it5 re-applicotion. In 2023 ihe register was chaDged again to Apprenticeship Provider Assessrnent Register (APAR) combining the ROA TP and EPAO registers. The register ha5 not Tewned since for any new standard applications. Since 2017 there have been continued changes io every part of an apprenticeship frorn the fi￿ding through to sessment and qualifications. Implemented by th¢ Education amd Skills Funding Agency. Apprenticeship Frameworks were no longer be fvnded from 31 July 2020 leaving only Apprenticeship StaJ)dards approved for Government funding. A trdining le*y w&$ introduced for larger employer5 with over 250 employee5 andlor a payroll of over 3 million. There were also changes to funding for medium to small employeTS. Standards are Structured with an emphasis on end testing for assessment of an apprentices competence. However the lack ot available levels in relation to standard5 for some motor vehicle speciali5tn5 ie.. PaiThL Panel. Heavy Vehicle Level 2 and Auto-Electrical means we are unable currently tt> recruit apprentices for some of these disciplines. This may have a negative impact on the re¢ruitment of apprentices. and subsequently income. of the Group Training A550¢iatiOn. The training prograrnme's success is rnea5ured by the number of Leamets on progrnmme and the attainment of Standards achieved tn their respe¢tiv¢ career specialism. The rargets are challenging and due io the continuing ditTicult trading that garage5 aTe experiencing in relatiou to the continued increase in the ¢ost of goods and services. The Qualificati(Trn Award Bodies inspection regime (tMI. SQA, RTITB, DVSA, SEG and City & Guilds) audit all Group Training Association quttlifietttion systems and w(redu￿$ in order to grant their ttPFKoval to provide & fyll qualificatto structure for the students. Page 7 DONCASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAiNING ASSOCIATION LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 A Group Training Association Managemeni Team will complete quality audits and assessments io ideniify and address any concems. The Group Trdsnints Association opened a Training Centre in Sheffield in September 2007 to enable it to take up a contrn¢t with Sheffield LEA to deliver motor vehicle vocati(Trnal progrdmmes for schools in the Sheffield region. GTA have not re-contrdcted with Sheffield LEA for the fijll 2023r2024 academic year and the Alternative Provision Programme with thetn ended December 2023. The Gr(￿p Trnining Association also has ￿enty four appreDtices following their training programm¢5 at the Sheffjeld Centre. We have also continued to invest in equipment to operate various IMI qualificaiions and End Point Assessment actlVLties, including Service Technician, Vehicle Air Conditioning. Vehicle IDspection and Vehicle Refmishing from our Doncasrer Centre. The Group Training Association coniinues its relationship with motor vehicle manufacwrers and is Presently involved with Vertex Proftssional SeTrice5 representing Honda and Inspiro Leaming. who provide training for BMW. VW among others, from the Doncaster Site. Depending upon car 5ale5 and market share the manufacturers increase or dexrease the amount of work carried out by the Group Trainin8 As5(KiatiOD. PERFORMANCE ACAIIYST PROFILE DtE Apprentice Programrne GTA SUCCESS RATE 64.58°h 77_14% 70Y. DfE MfN THRESHOLD 60D/o 600/0 AGE 16-18 19_23+ TOTAL APPRENTtCES 48 35 83 ACHIEVERS 27 58 2024f2025 GTA SUCCESS RATE 81.82• 88.88° 85°/ts DfE MIN THRESHOLD 600/ 60/0 60/0 AGE 16-18 19-23+ TOTAL APPtiEWnCES 44 36 80 ACHIEVERS 36 32 68 r2024 GTA SUCCESS RATE DtE MIN THRESHOLD 60/ts 600/0 60Y AGE 16-18 19+ TOTAL APPRENTICES 44 36 80 ACHIEVERS 36 32 68 88.88% 85Y Page 8 DONCASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAININC ASSOCIA TION LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 202S The Group Training Associations apprenti¢e5hip programme qualification success Tate h&8 consistently. for the past ten years, been above the national average &s shown in the tsbles above. OTHER TRAINING PROGRAMMES In August 2016 the Group Training A&sociation look the decision to apply for dirKt approval and ro produce all of its own training material for Driver C¢nificate of Competence (Driver CPC). This has been successfully ca￿led out and the Group Training Association h&5 direct approval to operate the Driver CPC courses via DVSA. Ten days of courses were re-approved in August 2025. SAFEGUARDIIYG, PREVENT & BWTISH VALUES The GTA considers that employee and learner involvernent is essential to its continuing success and uses a variety of methods to infom. consult 2nd involve employees and learners. These include quesrionnaire5. meetings, Every Child Matters. Prevent Duties, Safeguardin& Brilish Values. Radi￿liSatIon Awareness and E-safety. The Group Training Asso¢iation has an appoinied Safeguarding Lead and Deputy resp)n5ible for all Equality. Diversity. Prevent and Safeguarding. All stsff and apprentices under-take Safeguarding and Prevent trainin& all staff are subject to DBS checks. RISK MANAGEMENT The Council confwms (hat systems have been estsblished ￿ idenrify aDy major risks to which the Company may be expos¢d and the perceived risks are reviewed monthly to miti(vate these risks. A Treasurer'5 report is presented as a fixed and fornial agenda item at the Council'5 bi-monthly rneetings. Funds held for investment are confrned at this rneeting. An annual review of Internal Financial Controls using the Charity Commission self-checklist is carried out and evaluated against guidelines. The Council ¢ontinues to review spending and investment ￿111¢1¢5. The organisaiion Mill h&$ a clear focus on extending the geographical area thai the Company operates in to increase the amount of bysiness Énto the company. The opiion to pu￿h&Se Unit 3 Rands Lane in September 2023 in Doncaster was ex¢cut¢d and involved substantial ￿pital ¢xpendhture to be sourced from the or8anisatioThs own fi￿d$. Stsff numbers are currently ￿able, however. this will continue to be reviewed during 2025r2026 in line with DtE income and apprenti¢e numbers. The council have also ¢xplored the utilisation of the GTA's assets and in-particular buildings and property. The funds raised are expected to be r¢invested into the apprentice progtamme. ptovtdillg much needed fu)ancial stability at a tim¢ where the biggesi changes in apprenticeships have been made since the introduciion of the Modern Apprenticeship which started in the early 1990's. The investment policy for surplus monies was reviewed in 2011 and an account wa5 opened with Lloyds Bank that has produced improved int¢l¢St rdt¢s for deposits. These interest tatrs from Lloyds have now reduced and ar¢ ¢105er to the rates offered by Barclays. The Council maintains a subsianiial reserve of monies to minimise possible c2sh flow problems due to the economic climaie. The reserves allow for changes in Apprenticeship funding and ihe substantial increase in the delivery of services due io the rdpid tncrease in inflation_ Page 9 DONCASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAINING ASSOCIATION LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2(125 MAIN RISKS The continued changes to the apprenticeship stsiJc￿Te and DfE funding system through 2024r2025 may have an impact on achievement rate5, apprentice recruiknent and f￿ancial income. The lntr(￿JuCtiort of the apprenliceship Standards and Frameworks no longer being fijttded has created extra burdens on employers which previously did not exist. Employers are now responsible for fl￿ding sewp and allocations for apprenii¢eships. Thi5 is generydlty more problematic for smaller employeTS who do not necessarily have the time or resource to perfi)rm these processes. This h&s consequently in¢re&sed the load on the GTA who have provided more staff time allocated to guiding and supporting employers. Due to the GovernmenV5 Spending Review limiting the budgets of schools and charbges to the qualification points system5, in 2014 there w&8 approxiMa￿lY 30￿ approved courses by Ofqual. there are now berween 200-300. n order to reduce the risk io incom¢ and expenditure the Group Training AsSoci￿10n:_ Monitors the DfE contract progression on a monthty basis in onler to ensute that it is delivering againsi contract requirements Employ5 Staff in a specific marketing role tt) engage apprentice placement companies in order to maintain and if possible increase apprentice nutnbers Has expanded the geographical area that li operates in for apprentic¢sbips. Hys continued to contain costs associated with the companies oper*ion whilst income h85 reduced. H&% a renewed focus on ihe company's electronic systems and social media fr>r marketing purposes. Continues to monitor the motor and logistics sector for changes manufa¢tttres trends. advancing te¢hnologies, changes in governmeni l¢gislation and public opinffton. Another risk to the GTA'S operations is the gowernmeni's drive to promote elefflric cars. This will likely have a major irnpaci on the motor trdde and in particular, the demand for apprenticeships and the n8tur¢ of the training provided. The GTA 15 well placed to provide the relevant training but the impac( on the number of apprenticeships is as yet unclear. As a result. the GTA is looking to increase the range of courses offered for persons "employed or inrending io be employed in such other activities &5 may benefit from th¢ training 5¢rvi¢¢5 provided by the Association" (to quot¢ from the GTA'S charitable objects). FUTUtiE CENTRE DEVELOPMENTS AND OWECTIVES 202512026 Continue placernent marketing in an ¢ffort to expand apprentice contrdcr number5 To expand the operation area for the ￿pren11ceshlP programe to inclu¢k all of South Yorkthire and the Sheffield City Region To maintsin appreniicethip success rates aL or above. KPI'S Invest in training fa¢ilitie5 and equipment to be more in line with the latest teclmological developments in th¢ sector Monitor Governtnent directives on proposed changes to Twes To uphold the stsff development programme Provide facilities and 5UPPOrt for all Manufacttjrers. courses We ar¢ ¢ontinuing to modify our training ￿￿Se portfolio and bukld our existing dedicat¢d educational resources to meet new demand5. Change is not only about investsnents in bricks and mortar. It must k people led and owned. Our Group Training Association recognises the support that Li must provide io be at the heart of future ambitions of our learners. Page 10 DONCASTER ROTHERHAM AND DISTRicf MOTOR TRADES GROUP TRAtNING ASSOCIATIO LIMITED REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 JULY 2025 FINANCIAL REVIEW During the year under review incoming resources have exceeded expended resources, creating a surplus of £22.773 (2024.. £122,101). The Council is carefully monitoring projetied income and expenditure levels io ensure that the GTA conrinues to have a financially viable operaiion. It should be notrd that there is a surplus before depreciation of £208,097 (2024. £250.427). RESERVES POLICY The Group Training Association reserve5 at th¢ y¢8r-¢nd are represented by the a¢¢umulated fund of £5.430.760 (2024 £5,407,987) shown on the balaDce Sheet. Of this amount £4,224,267 (2024 £3,986,974) is represented by the Cotnpany's r￿ed assets and investments. The Group Training Association frtt reserves ttstsl £1.206,493 (2024 £1,421.013. The free reserves are held at this level because the Council are particularly mindfvl of the (yerating costs of Moior Vehicle Training Workshops and in particular the promotion of a safe environment for training in vehicle body repair and paint operations, not to mention unforeseen circum5tsnce5. The level of free reserves iherefor¢ held and available to be applied w the council'5 discretion in furtherance of ihe Charity's objecr& is detennined by reference to the specifio requirements fr*r capital and refi￿bish￿tnt expenditure in the short and mediurn term together with coniingency plans to meet any urgent Training Centre financial requirements and colltingencies. lrt particular. the Council are ￿nsidering." (a) Upgradinglmodemisints the TTaining Centte. (b) Large capital spend for equipment needed to upgrth Unit 2 Rands Lane in relation to the lease for Inspiro (BMW. VW and JLR Group) Commencing October 2024. It is rhe prudenr purchase and construction of property from pasi surpluses which h85 created a sound fmancial basis for the GTA, sinte otherwise there would be a large exposure to rental liabilities. It is also considered that the level of free reserves is necessary to cover any defJ¢its thai may arise in the futs]re from a loss of revenue arising from companies or other institutions cutting back their training prograrnme5, as nowi in the "Main liisk" section of this report. The downturn in in¢om¢ in certain past years demonstraies that this is not a theoretical risk. As we continue to be unaware of what 15 ' round the corner- the level of reserves held by the GTA does mean that the GTA should be able to deal with any unforeseen liabilities that might ar1￿ ITr the future. Page 11 Dof4CASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAINING ASSOCIATlOf4 LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 INVESTMENT POLICY Short-temi funds are principally invested on ihe money markets, with other rnonie5 being held in bank deposits. The potential risk5 in ihe Stock Market were r￿1)gniSed by the Council in October 2007 wh¢n the Council decided to liquidate its investment portfolio with Barclays Bank Plc. Since then. Ibe company h&$ only invested in bank and money market deposits. When interesi rates were high. this produced a good return for the GTA bui the coniinuin(p decrease in interest rates has meant that the company's income from interest has continued to decrease over the years. to what is now a v¢ry low figure in relatlOD to the amounts held. Current deposits are held with Barclays Ballk PIC and Lloyd5 Bank Plc. If these banks decide to stop paying interesL the Council will have to consider aliernaiive insiithtion5 if it is to obtain invesrment income in the futLtre. The Group Training Association invites Barclay5 Batth PIC (with whom it has a forty y¢ar history of banking) and Lloyds Bank PIC to its Annual General Meeiing io discu$$ longer temi investment ￿ndS alontt with the Audiiors. At the Annual General Meeting, Senior Bank personnel attend are invited from the Council together with the Auditor, who is asked to present the Annual accounts and make comment. These valued observations and advice are implemented by rhe Council * the m¢¢ting following the Annual General Me¢ting and throughout the financi￿ year. EMBERS OFTHE COUNCIL Metnbers of the Council who are Directors for the purposes of Company Law and Trustee5 for the purpose5 of Charity Law. who served during the year and up ￿ the dare of thi5 report, are set out on page l. STA TEMENT OF TRUSTEES, RESPONSIBILITIES The tru5tet5 (who are also the directors of Doncaster Rotherham and Districi Motor Trades Group Training Association LRtnited for the purposes of company law) are responsible for preparing the Report of the Trustees and the fmancial statements in ac¢ord8nce with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trust¢e5 10 prepare fmancial 5tstements for each fmancial year. Under that law, the trustees have ele¢t¢d to prepare the fujancial ￿aternents in accordance with United Kingdom Generally AcceptEd AccouThting Practice ￿nited Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial 5tatemelliS unles5 they are sat15fied that they give a true and fair view of the stste of affairs of the charitable compat]y and of the iThcomiTh8 resource5 and application of resourees. includino the income and expenditure. of the charitsble company for thai period. In preparing those fmancial statements. the trystees are required to Select suitable accouftting policies and theztr appty them consistently.. observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudenr. state whether applicable accountints srandard5 have b¢en followe FORWARD 5.407,987 12. TANGtBLE FIXED ASSETS Freehold property Short le8sehold Plant and machinery COST At l August 2024 Addition5 Disposals 4,738J31 72,980 1.004.411 398,772 Ai 31 July 2025 4.738 DEPRECIATION At l August 2024 Charge for year Eliminated on disposal l J78,990 66,631 72,971 840.27J 105.16J 13 800) Ai 3 1 July 2023 1445 621 931,636 NET BOOK VALUE At 3 1 July 2025 3292 710 457 747 At 31 July 2024 3.359.341 Page 26 continued... DONCASTER ROTHERHAM AND DISTRICT MOTOR TIL4DES GROUP TRAINING ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS- eijntinued FOR THE YEAR ENDED 31 JULY 21125 12. TANCIBLE FIXED ASSETS- continued Fixtures and fittings Motor vehicles Totsls COST Ai i August 2024 Additions Disposals 288,788 23W5 205.038 6J119,$48 422.617 13 800) At 31 July 2025 312,633 205,038 6718365 DEPRECIATION At l August 2024 Charge for year Eliminated on disposal 235.185 Jl,178 192,181 2J52 2,719.600 185,324 13 800) At 31 July 2025 246 J94.533 NET BOOK VALUE At 31 July 2025 At 3 1 July 2024 3 589 948 Included in plat]t & machinery and freehold property are &ssets with a net bcM)k value of £353,180 and £446,480 respectkvely, which (he company hold5 85 a lessor. 13. FIXED ASSET iNVESTMENTS Shares in group undertakings iVIARKET VALUE At l August 2024 aThd 31 July 2025 NET BOOK VALUE At 31 July 2025 loo At 31 July 2024 100 There were no investment &55ets outside the UK. The inve5tsnent is a IOW• shareholding in GTA Assessments Ltd which h&8 not yet conunenced tradin& Page 27 coniinued... DONCASTER ROTHERHAM AND DISTRICT MOTOR TRADES GROUP TRAif¥lNG ASSOCIATION LJMITED NOTES TO THE FINANCTAL STATEMENTS- eontinued FOR TKE YEAR Ef4DED 31 JULY 2025 14. INVESTMENT PROPERTY FAtR VALUE At l Auoust 2024 and 3 1 July 2025 528 984 AfvTORTISATEON At l August 2024 alhd J l July 2025 132 058 NET BOOK VALUE At 31 July 2025 At 31 July 2024 396 926 In the opinion of the Council. the markei value of the organisation's investment propetry as at (he year end date is not materially different tt> Its net book value. Is. DEBTORS.. AMOUNTS FALLING DUE WITHU¥ ONE YEAR 2025 2024 Trade debtor5 Other debtor5 Pr¢payments 144.984 914 124286 2,454 63 209.J56 188489 16. CASH AT BANK AND IN HAND 2025 Total funds 2024 Total funds Cash in hand Bank account no. I Bank account no. 2 Bank account no. 3 4,874 153,647 28.839 889.739 3,755 166,101 28.430 1 108 748 Totsl J,077 099 1307 034 tncluding within Cash at Bank are a number of fJxed-teTm deposit accounts with regulated UK fiDancial in5fitution5. These dep051ts are held &5 part of th¢ Charity's ca5h-managemeni strategy and are intended to safeguard fijnds not required for sbort-teTh operdtional use while generating a return. Fsxed-tem) deposits have marurities of 12 months and cannot be accessed before mats]rity. The deposits have been Classified as casb at bank and in hand in these fmancial s(atrments due io their iemaining maturity at the balance Sheet date. Page 28 continued... DONCASTER ROTHERHAM AND DISTRICT MOTOR TBADES GROUP TRAI]YING ASSOCIATior4 LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 JULY 21125 16. CASH AT BANK AND IN HAND- continued Summary of Fixed-Term Deposits held at 2025 Terrn Maturity B#lan¢¢ at deposit date ye8r end Interest rate 1511012025 0510212026 0510612026 2.75% 2.65rh* 2.34/ 300.000 315.000 200,000 Surnmary of Fixed-Terrn Deposits held at 2024 Term Maturity B¥lan£e at deposit date year end Interest rate 09109r2024 14110r2024 2010 Ill025 3.500A 3.60% 360% 250.000 300,000 315,(KlO Th¢ trustees eonsider all institutions to be I1￿ credit risK and no indicator5 of impainnent were identified at the reportir]g date. 17. CREDITORS: AMOUNTS FALLING DUE ￿THIN ONE YEAR 2025 2024 Trade Creditors Social security and other taxes Othei creditors Accrued expeDse5 27.558 17JOJ 1,631 46.025 14.204 100 79.762 74,510 18. LEAStNG AGREEMENTS Minimum lease payments under nonv¢an¢ellable operating le&%es fall due ¥ follows: 2025 2024 Within one year Between one and five years 74.655 97,440 75,781 172095 172 095 247 876 Page 29 cortiinued... DONCASTER ROTHERHAM AND DISTRtCT MOTOR TRADES GROUP TBAINING ASSOCIATiof4 LIMJTED NufES TO THE FINANCIAL STATEMENTS- ¢onlinu¢d FOR THE YEAR ENDED 31 JULY 2Q25 19. MOVEMENT IN FUNDS Net movement in funds At 31.7.25 At 1.8.24 Unrestrieted funds General fund 5,407,987 22,773 5,430,760 TOTAL FUNDS 5.407 987 5 430 760 Nei movement in funds, included in the above are as follows: Incorning resources Resources expended Movement in fiutds Unrestrieted fwnds General fund 1,713.064 (J.690.291) 22,773 TOTAL FUNDS 1.690 291) Comp#ratlves for movement in funds Net rnov¢m¢nt in funds At 3 1.7.24 At 1.8.23 Unreslrieted fu￿0$ General fund 5285.886 122,101 5,407.987 TOTAL FUTrIDS 85.886 5 407 987 Comparative net movement in fvnds. included in the ttiK>ve are &5 follows.. IDcoming resouTCeS Resource5 eX￿nded Movement in funds Unrestrieted funds GeneAI fund 1.709.808 (1,587.707) 122,101 TOTAL FUNDS 1.709 808 587 707) 122.101 Page 30 continued... DONCASTER ROTHERHAM AND DISTIUCT MOTOR TRADES GROUP TRAINif4G ASSOCIATION LIMITED r40TES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED JI JULY 2025 19. MOVEMENT IN FUNDS- continued A current year 12 months and prkor year 12 months combined wjsjtion is &5 follows.. Nei movement in ￿ndS At 31.7.25 At 1.8.23 Unrestrieted funds General fund 5.285.886 144,874 5,430,760 TOTAL FUNDS 5 285.886 144.874 5 430.760 A CU￿eTrt year 12 months and prior year 12 months combined net movement in funds. included in the above are as follows: Incoming Resources expended Movement in fund5 Unrestrieied funds General ￿nd 3.422,872 (3,277,998) 144,874 TOTAL FUNDS 3.422 872 3.277.998) 144.874 20. EMPLOYEE BEf4EFIT OBLIGATIONS The Charity opera￿S a deflned contribution pension scheme in the UK. The assets of the schemes are held separately from those of the Charity in independently athninistered fimds. The p¢usion cost clwge represents conrributions payable by the Group to the funds amounted to £28,599 (2024.. £25,398). ContribuiioDS payable lo the fvnd at 31 July 2025 amounted to £4.767 12024.. £4.161) and are included in creditor5. 21. CAPITAL COLKMITMENTS 2025 2024 Contracted but not provided for in the fmancial statements 287 321 22. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 July 2025. Page31 continu¢d... DONCASTER ROTHERMAM AND DISTRICT MOTOR TRADES GROUP TRAir4tNC ASSOCIATION LIMITED DETAILED STATEMENT OF FIThA]YCIAL AL'rtVlTIES FOR THE YEAR ENDED JI JULY 2025 2025 2024 IIYCOME AND ENDOWMENTS DonatlORs aTrd leEacies Donations 1,428 196 Tnvestment income Rents received Deposlt account inlerest 282.436 47,613 316J78 70,96 I Charit8bl¢ g¢tivi¢ies Membership fees Internal course fees Centre hire Course fees Misc income 65 203J08 180,536 1,006.284 39 240 264,859 251,949 ,120,156 1?90,232 1,637,204 Other income Gain on sale of tangible fixed assets Total incomin8 resources 1,713,064 1,709,808 EXPENDITURE Charitable activities Wages Social se¢urity P¢nsions Sheffield occupaTkCy Costs Rates and water Insurance Light and heat Telephone Postage 2nd staiionery Advertising Sundries Motor expensc5 Training & workshop Travel & subsistence Maintenance Carried forward 739,373 75.159 28.599 75.071 45J65 24,660 67J77 30.435 14,990 7,704 19,037 13.954 265.918 11,141 67￿17 1,486,600 688,771 59,737 25.398 78.190 41,259 15,533 65,201 31.837 13,429 7,444 18,779 14,031 310.409 16,283 51,840 1,438,141 This page does noi forni part of the statutory f￿ancIal statetnents Page 32 DONCASTER ROTHERHAM AND DISTRtcr MOTOR TRADES CROUP TRAINING ASSOCIATION LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2(125 2025 2024 Charitable activities Brought forward Freehold property Plant and machinery Fixtures and fittings Motor vehicles 1,486.600 66,631 105,163 Al.178 1.438,141 67.883 47,038 10,518 1,671.924 1.566,467 Support Costs Fingnce Bank charges 2593 2,940 Governance costs Auditors, remuneration A￿O￿ntanCY and legal fee5 IOJ20 10,020 Total resources expen(kd 1 690.291 1,587 707 Net ineome 122 101 This pag¢ (Iw not fonn part of th¢ stalutory financial statements Page 33