2022-07-31-accounts

Trustees		Mrs A Hough
		Ms C Mawdsley		(Appointed	1 October 2022)
		Mr D W Crosby		(Appointed	1 October 2022)
Group Chief Executive Officer		Mr SCobain (Resigned	16December	2022)
Charity number		526139
Company	number	00760011
Registered	office	Unit 33
		Wellington Employment	Park
		Dunes Way
		Liverpool
		LS9RJ
Auditor		Xeinadin Audit Limited
		2 Hilliards Court
		Chester Business Park
		Chester
		Cheshire
		CH4 9QP
Bankers		CAF Bank
		25 Kings Hill Avenue
		Kings Hill
		West Mailing
		Kent
		ME194JQ
Solicitors		Brabners LLP
		Horton House
		Exchange Flags
		Liverpool
		Merseyside
		L2 3YL

		Page
Trustees' report		1-5
Statement of trustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities	11-12
Balance sheet		13
Statement ofcash flows		15
Notes to the financial	statements	16-41

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
	Notes	2022 6	2022 8		2021	2021 6	2021f
income and endowments	from:
Donations and legacies		9,900		9,900	168,999	44,938	213,937
Charitable activities		2,291,489		2,291,489	2,072,568		2,072,568
Other trading activities		339,595		339,595	277,502		277,502
Investments		119		119
Other income		(1,450)		(1,450)	39,701		39,701
Total income		2,639,653		2,639,653	2,558,770	44,938	2,603,708
~Ed N
Raising funds	8	387,194		387,194	405,332		405,332
Charitable activities	9	2,720,698		2,720,698	2,742,093	34,538	2,776,631
Taxation		(2,155)		(2,155)	(2,069)		(2,069)
Total resources
expended		3,105,737		3,105,737	3,145,356	34,538	3,179,894

Net outgoing
resources before
transfers		(466,084)		(466,084)	(586,586)	10,400	(576,186)
Gross transfers	between
funds		281,489	(281,489)		282,765	(282,765)
Net expenditure	forthe yearl
Net outgoing resources		(184,595)	(281,489)	(466,084)	(303,821)	(272,365)	(576,186)
Other recognised gains and		losses
Actuarial gain on
defined benefit schemes	pension	619,000		619,000	992,000		992,000
Net expenditure for the year/Net movement in funds		434,405	(281,489)	152,916	688,179	(272,365)	415,814
Fund balances	at 1
August 2021		110,489	2,993,773	3,104,263	(577,689)	3,266,138	2,688,449
Fund balances July 2022	at 31	544,894	2,712,284	3457,178	110,490	2,993,773	3,104~

					2022		2021
				Notes	6		6
Fixed assets
Tangible assets				13		3,337,152		3,771,108
Current assets
Debtors				16	423,637		570,855
Cash at bank and in		hand			244,868		325,834
					668,505		896,689
Creditors:	amounts		falling due within
one year				18	(770,289)		(822,542)
Net current	(liabilities)/assets					(101,784)		74,147
Total assets less current liabilities						3,235,368		3,845,255
Creditors:	amounts		falling due after
more than	one year			20		(275,521)		(394,168)
Provisions	for liabilities			22		(4,669)		(346.824)
Net assets	excluding		pension surplus			2,955,178		3,104,263
Defined benefit pension surplus				27		302,000
Net assets						3,257,178		3,104,263
Income funds
Restricted	funds			28		2,712,284		2,993,773
Unrestricted	funds
General unrestricted		reserves		29	(176,720)		(30,290)
Designated	funds			29	419,614		480,780
Pension reserve				29	302,000		(340,000)
						544,894		110,490
						3,257,178		3,104,263

					2022		2021
				Notes	6		8
Fixed assets
Tangible assets				14		3,312,576		3,735,192
						3,312,576		3,735,192
Current assets
Debtors				17	635,549		758,514
Cash at bank and	in	hand			188,097		242,704
					823,646		1,001,218
Creditors: amounts one year		falling due within		19	(719,780)		(739,233)
Net current assets						103,866		261,985
Total assets less	current liabilities					3,416,442		3,997,177
Creditors: amounts more than one year		falling due after		20		(275,521)		(394,168)
Provisions for liabilities				23				(340,000)
Net assets excluding			pension surplus			3,140,921		3,263,009
Defined benefit pension			surplus	27		302,000
Net assets						3,442,921		3,263,009
Income funds
Restricted funds				28		2,712,284		2,993,773
Unrestricted funds
General unrestricted		funds		30	9,023		128,456
Designated funds				30	419,614		480,780
Pension reserve				30	302,000		(340,000)
						730,637		269,236
						3,442,921		3,263,009

					Notes	2022 f		2021 6
Cash flows from operating			activities
Cash generated from operations					38		4,421		(193,019)
Investing	activities
Purchase Proceeds	oftangible fixed assets on disposal oftangible			fixed		(1,615)		(81,084)
assets						32,350		1,042
Interest received						119
Net cash	generated from/(used			in)
investing	activities						30,854		(80,042)
Financing	activities
Repayment of borrowings						(47,390)		215,467
Payment	ofobligations under		finance leases			(68,851)		117,414
Net cash	(used in)/generated		from
financing	activities						(116,241)		332,881
Net increase/(decrease) in		cash		and	cash
equivalents							(80,966)		59,820
Cash and	cash equivalents	at	beginning		ofyear		325,834		266.014
Cash and	cash equivalents		at end of		year		244,868		325,834

			Training	Training
			2022	2021
			8
ESFA	Income		1,789,592	1,652,699
Other	training	income	501,897	419,869
			2,291,489	2,072,568

		Unrestricted	Unrestricted
		funds	funds
		2022 8	2021f
Canteen		32,371	5,024
Commercial		307,224	272,478
Other trading	activities	339,595	277,502

Unrestricted	Total
funds
2022	2021
8
119

Unrestricted	Unrestricted
funds	funds
2022	2021
6	8
(1,450)	39,701

Raising fu	n	ds
								Unrestricted	Unrestricted
								funds	funds
								2022	2021
								6	8
Fundraisln		and	ubllcl
Ceremonies		&conventions						662	797
T~dl
Canteen								18,865	3,420
Operating Staff costs	trading		company	undertaking	non-charitable	trading	activity	110,535 241,679	117,743 265,919
Depreciation		and	impairment					11,339	11,453
Support costs								4,114	6,000
Trading costs								386,532	404,535
								387,194	405,332

Charitable activities
		Training	Training
		2022	2021
		6	8
Staff costs		1,136,116	1,370,377
Depreciation and impairment Training costs		391,882 446,167	406,016 324,063
Premises costs		303,120	304,842
Administration costs		138,842	131,699
Other finance costs		5,000	28,000
		2,421,127	2,564,997
Share ofsupport costs (see note 10) Share ofgovernance costs (see note 10)		241,192 58,379	174,731 36,903
		2,720,698	2,776,631
Analysis by fund Unrestricted funds		2,720,698	2.742,093
Restricted funds			34,538

10	Support costs	Support costs
			Support	Governance	2022	Support costs	Governance	2021
			costs	costs			costs
			6	8			6
	Staff costs		147,597		147,597	69,051		69,051
	Finance		21,939		21,939	52,517		52,517
	Marketing		6,241		6,241	12,883		12,883
	Information	technology	65,415		65,415	40,280		40,280
	Audit fees	&other
	services			32,000	32,000		36,514	36,514
	Legal and	professional		30,493	30,493		6,389	6,389
			241,192	62,493	303,M5	174,731	42,903	217,634
	Analysed	between
	Trading			4,114	4,114		6,000	6,000
	Charitable	activities	241,192	58,379	299,571	174,731	36,903	211,634
			241,192	62,493	303,685	174,731	42,903	217,634

The av	erage monthly number ofemployees during the ye	ar was:
		2022	2021
		Number	Number
Training	& related administration	45	48
Employment costs		2022	2021
		6	8
Wages	and salaries	1,361,838	1,518,025
Social security costs		111,660	126,814
Other pension costs		51,894	60,508
		1,525,392	1,705,347

Employees				(	Continued)
The number ofemployees	whose annual	remuneration	was more than F60,000
isas follows:
				2022	2021
				Number	Number
680,001 - 690,000
670,001 - F80,000
660,001 - 670,000

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registered in Englan	d and have the same registere	d oflice as the charity.
Subsidiary
NWTC Commercial	Services Limited	Training services
Merseyside Training	Council	Dormant
Cosy Homes Insulation Limited		Dormant

Debtors - Group	Debtors - Group	Debtors - Group
Amounts falling due within			one year:		2022 6	2021f
Trade debtors					309.392	357,368
Other debtors						20
Prepayments	and accrued income				114,245	213,467
					423,637	570,855
Debtors - Charity
Amounts falling due		within	one year:		2022 6	2021f
Trade debtors					259,407	281,567
Amounts owed by subsidiary			undertakings		267,257	292,674
Other debtors						21
Prepayments	and accrued income				108,885	184,252
					635,549	758,514
Creditors: amounts		falling	due within one year -Group
					2022	2021
				Notes	6	6
Obligations under finance leases					69,079	68,851
Bank loans					49,568	47,390
Other taxation	and social security				76,453	42,831
Deferred income				25	146,797	109,624
Trade creditors					26,771	198.466
Other creditors					108,327	106,338
Accru ale					293,294	249,042
					770,289	822,542

19	Creditors a	mounts	falling due within one year - Charity
					2022	2021
				Notes		6
	Obligations	under finance leases			69,079	68,851
	Bank Loans				49,568	47,390
	Other taxation and social security				74,559	57,827
	Deferred income			26	123,586	55,408
	Trade creditors				9,367	159,128
	Other creditors				108,327	106,330
	Accruals				285,294	244,299
					719,780	739,233
20	Creditors:	amounts	falling due after more than one year-
	Group 8 Charity
					2022	2021
				Notes	8	6
	Obligations	under finance leases			157,012	226,091
	Bank Loans				118,509	168,077
					275,521	394,168
21	Loans and	overdrafts
					2022	2021
					6	8
	Bankloans				168,077	215,467
	Payable within one		year		49,568	47,390
	Payable after one year				118,509	168,077

22	Provisions	for liabilities - Group	Notes	2022 2	2021f
	Deferred tax liabilities		24	4,669	6,824
	Retirement	benefit obligations	27		340,000
				4,669	346,824
23	Provisions	for liabilities - Charity		2022	2021
			Notes	6	2
	Retirement	benefit obligations	27		340,000
					340,000

		Llabfiities	Liabilities
		2022	2021
Balances:		6	6
Accelerated	Capital Allowances	4,669	6,824
			2022
Movements	in the year:		6
Liability at 1	August 2021		6,824
Credit to profit &loss			(2,155)
Liability at 31 July 2022			4,669

Deferred	income	- Group
					2022f	2021f
Other deferred income					146,797	109,624
Deferred	income	is included	in the financial statements		as follows:
					2022f	2021f
Balance	at 1August 2021				109,624	128,713
Amounts	released	to incoming resources			(88,525)	(128,713)
Amount	defened	in year			125,698	109,624
Balance	at 31 July 2022				146,797	109,624
Deferred	income	comprises	income received	in advance	of delivery ofthe provision oftraining.
Deferred	income	- Charity
					2022f	2021f
Other deferred income					123,586	55,408
Deferred	income	is included	in the financial	statements	as follows:
					2022f	2021f
Balance	at 1August 2021				55,408	96,864
Amounts	released	to incoming resoources			(34,310)	(96,864)
Amount	deferred	in year			102,488	55,408
Balance	at 31 July 2022				123,586	55,408

The current asset split isas follows:	The current asset split isas follows:			Bid values
				as at 31.7.22
				6
Equities				2,070,000
Bonds				4,360,000
Cash				92,000
Total assets				6,522,000
Amounts recognised	in the profit and loss	account:
				2022	2021
					6
Past service costs					12,000
Interest on liabilities				116,000	107,000
Restriction on net interest income credited		to	the income statement
The effect ofany curtailment or settlement
Interest on assets				(111,000)	(91,000)
Total costs/(income)				5,000	28,000
Amounts recognised	in other recogonised	gains &losses:
				2022f	2021 6
Actual return on scheme assets
Restriction on net interest income credited		to	the income statement
Losses/(gains) from	changes to financial assumptions			(1,352,000)	(73,000)
Losses/(gains) from	changes to demographic		assumptions		(363,000)
Loss/( gains) on assets in excess ofinterest				733,000	(556,000)
Past service costs not yet recognised
Experience losses/(gains) on liabilities
Liability for minimum	funding requirement
Total costs				(619,000)	(992,000)

Amounts recognised in t	he balance sheet:
		2022	2021
		6	6
Present value offunded	obligations	(6,220,000)	7.611,000
Fair value ofassets		6,522,000	(7,951,000)
(Surplus)/deficit in scheme		302,000	(340,000)
Total (asset)/liability recognised		302,000	(340,000)
Movements in the present	value ofdefined benefit obligations:
		2022f	2021 6
Liabilities at 1August 2021		7,951,000	8,834,000
Past service cost			12,000
Benefits paid		(495,000)	(566,000)
Changes to financial assumptions		(1,352,000)	(73,000)
Interest on liabilites		116,000	107,000
Changes to demographic	assumptions		(363,000)
At 31 July 2022		6,220,000	7,951,000
Sensitivity ofthe value placed on the liabilities:

Movements in the fair value ofplan assets:
	2022	2021
	6	6
Fair value ofassets at 1August 2021	7,611,000	7519000
Interest on assets	111,000	91,000
Return on plan assets less interest	(733,000)	556,000
Benefits paid	(495,000)	(566,000)
Contributions by the employer	28,000	11,000
Fair value ofassets at 31 July 2022	6,522,000	7,611,000
Actual return on assets	622.000
Projected profit &loss account for next year:

Projecte	d p	rofit &loss account for next year:
			Period to 31
			July 2023
Interest	on	liabilties	200,000
Interest	on	assets	(211,000)
Total			(11,000)

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					Movement	in funds
			Balance at 1August 2021	Incoming resources	Resources expended	ltansfers	Revaluations, gains and losses	Balance at 21 July 2022
					f	f	f
Unrestricted
Funds	- General		128,456	2,332,425	(2,794,513)	342,655		9,023
Unrestricted
Funds	- Pension
Rerserve			(340,000)		23,000		619,000	302,000
Designated		Self
funded Grant	re SIF		480,780			(61,166)		419,614
			269,236	2,332,425	(2,771,513)	281,489	619,000	730,637

		Balance at 1August 2020	Incoming resources	Resources expended	transfers	Revaluations, gains and losses	Balance at 1August 2021
					f	f
Unrestricted
Funds - General		256,464	2,286,292	(2,758,231)	343,931		128,456
Unrestricted
Funds - Pension
Rerserve		(1,315,000)		(17,000)		992,000	(340,000)
Designated	Self
funded re SIF
Grant		541,946			(61,166)		480,780
		(516,590)	2,286g92	(2,775,231)	282,765	992,000	269,236

31	Analysis ofnet assets	between funds	Group
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2022	2022	2022	2021	2021	2021
		8	6	8	8	8	8
	Fund balances at
	31 July 2022 are
	represented by:
	Tangible assets	636,881	2,700,271	3,337,152	789,348	2,981,760	3,771,108
	Current assets/(liabilities)	(113,797)	12.013	(101,784)	62,134	12,013	74,147
	Long term liabilities	(275,521)	-	(275,521)	(394,168)	-	(394,168)
	Provisions and
	pensions	297,331		297,331	(346,824)		(346,824)
		544,894	2,712,284	3,257,178	110,490	2,993,773	3,104,263
32	Analysis ofnet assets	between funds -Charity
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2022	2022	2022	2021	2021	2021
		8	8	8	8	8	8
	Fund balances at
	31 July 2022 are
	represented by:
	Tangible assets	612,305	2,700,271	3,312,576	753,432	2,981,760	3,735,192
	Current assets/(liabilities)	91,853	12,013	103,866	249,972	12,013	261,985
	Long term liabilities	(275,521)	-	(275,521)	(394,168)	-	(394,168)
	Provisions and
	pensions	302,000		302,000	(340,000)		(340,000)
		730,637	2,'/12, 284	3,442,921	269,236	2,993,773	3,263,009

	2022 5	2021f
Within one year Between two and five years	214,969 768,585	231,808 829,581
In over five years	1,142,585	1,327,868
	2,126,139	2,389,257

			2022 6	2021f
Turnover			307,225	272,479
Expenditure			(336,376)	(372,196)
(Loss)/Profit Taxation	before	taxation	(29,151) 2,155	(99,717) 2,069
Retained (loss)/profit			(26,996)	(97,648)

37	Analysis ofchanges in net (debt)/funds
						At 1August 2S21	Cosh flows	At 21 July 2e22
						6	6	6
	Cash at bank and in hand					325,834	(80,966)	244,868
	Loans falling due within one year					(47,390)	(2,178)	(49,568)
	Loans falling due after more than	one year				(168,077)	49,568	(118,509)
	Obligations under finance leases					(294,942)	68,851	(226,091)
						(184,575)	35,275	(149,300)
38	Cash generated from operations						2022 6	2021f
	Surplus for the year						(466,084)	(576,186)
	Adjustments for:
	Investment income recognised in	statement		offinancial	activities		(119)
	Depreciation and impairment oftangible		fixed assets				403,221	417,469
	Taxation movement						(2,155)	77
	Difference between pension charge and cash contributions						(23,000)	17,000
	Movements in working capital:
	Decrease in debtors						147,218	163,887
	Increase/(decrease) in creditors						(91,833)	(196,177)
	Increase/(decrease) in provisions						37,173	(19,089)
	Cash generated from/(absorbed	by) operations					4,421	(193,019)