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2020-08-31-accounts

Trustees				E Sims
				D Edwards
				P Smith
				D Bentley
				I Raeside
				M Jobson
				A Sims			(Appointed	12 December
							2019)
				LStephenson			(Appointed	8 January
							2020)
Secretary				P Smith
Chief Executive Officer				P Williams
Charity	number			528635
Company		number		00926888
Registered			office	Hanley Technical	Institute
				151-153Marsh Street		North
				Henley
				Stoke-on-Trent
				Staffs
				ST1 5HR
Independent			examiner	SJArcher FCA
				Geens Limited
				Chartered Accountants
				68 Liverpool Road
				Stoke on Trent
				ST4 1BG
Bankers				National Westminster		Bank pic
				1 Upper Market Square
				Hanley
				Stoke-on-Trent
				ST1 1NS
Solicitors				Freeth Cartwright	LLP
				Federation House
				Station Road
				Stoke on Trent
				ST42SA

			Page
Trustees' report			1-6
Independent examiner's		report
Statement offinancial	activities
Balance sheet			9-10
Statement of cash flows
Notes to the financial	statements		12-21

				Unrestricted	Designated	Total	Total
				funds	funds
				2020	2020	2020	2019
			Notes	E.
Charitable activities Investments				621,951 2,567		621,951 2,567	727,029 1,624
Total income				624,518		624,518	728,653
Charitable activities				534,635	48,375	583,010	522,614
Net incoming	resources	before transfers		89,883	(48,375)	41,508	206,039
Gross transfers	between	funds		(118,818)	118,818
Net (expenditure)/income		for the year/
Net movement	in funds			(28,935)	70,443	41,508	206,039
Fund balances	at 1 September 2019			174,520	831,835	1,006,355	800,316
Fund balances	at 31August 2020			145,585	902,278	1,047,863	1,006,355

					2020		2019
				Notes
Fixed assets
Tangible assets						619,278		578,835
Current assets
Debtors					47,459		110,850
Cash at bank and	in	hand			422,709		339,641
					470,168		450,491
Creditors: amounts		falling	due within
one year					(15,743)		(13,570)
Net current assets						454,425		436,921
Total assets less	current		liabilities			1,073,703		1,015,756
Creditors: amounts more than one year		falling due after		12		(25,840)		(9,401)
Net assets						1,047,863		1,006,355
Income funds
Unr tricted funds
Designated funds					902,278		831,835
General unrestricted		funds			145,585		174,520
						1,047,863		1,006,355
						1,047,863		1,006,355

			2020		2019
		Notes
Cash flows from operating activities
Cash generated from operations				143,519		231,142
Investing activities
Purchase oftangible fixed assets			(80,947)		(55,120)
Repayment of investment loans and
receivables			(1,800)
Interest received			2,567		1,624
Net cash used in investing activities				(80,180)		(53,496)
Financing activities
Payment ofobligations under finance leases			19,729		(3,761)
Net cash generated from/(used financing activities	in)			19,729		(3,761)
Net increase in cash and cash	equivalents			83,068		173,885
Cash and cash equivalents at beginning		ofyear		339,641		165,756
Cash and cash equivalents at	end of	year		422,709		339,641

			Training	Training	and education
			and
			education
			2020		2019
					F
Membership	fees		28,634		30,581
Services to managing		agents	324,091		358,441
Courses			47,007		71,909
Safety services			7,224		7,291
Enhanced	apprenticeships		2,634		49,893
Ace Academy			212,361		208,414
Other Income					500
			621,951		727,029

Unrestricted	Unrestricted
funds	funds
2020	2019
	F
2,567	1,624

					Training	Training	and
					and	education
					education
					2020		2019
Staff costs					428,655	354,420
Depreciation and	impairment				40,504	30,688
Course expenses	(inc NSEG costs)				16,062	23,368
Rent, rates and insurance					10,508		9,212
Heat, light and water					4,235		3,476
Minor equipment,	maintenance			and premises expenses	9,552		8,377
Printing, stationery		and telephone			9,375		9,931
Publicity (including		website)			11,008		4,453
Motor and travelling		expenses			7,568	10,414
Independent examiner's			fees		1,750		1,750
Sundry expenses					7,998		9,138
EAL charges					15,378	14,542
Subscriptions and		donations			3,604		4,773
Consultancy fees							7,060
Vehicle leasing					1,287		2,512
Irrecoverable VAT					8,074		9,862
Health and safety	service		expenses		704		1,716
Ace Academy expenses					5,444		6,285
Enhanced apprenticeships			expenses				9,979
Hire purchase interest					1,304		658
					583,010	522,614
Analysis by fund
Unrestricted funds					534,635	490,051
Unrestricted funds		- designated			48,375	32,563
					583,010	522,614

The average	monthly number ofemployees during	the year was:
		2020	2019
		Number	Number
		14	12
Employment	costs	2020	2019
			f
Wages and salaries		379,695	318,707
Social security costs		33,230	26,149
Other pension costs		15,730	9,564
		428,655	354,420

Tangible fix	ed assets
			Land and	Fixtures, Motor vehicles		Total
			buildings	fittings &
				equipment
				f
Cost
At 1 September 2019			479,210	164,198	19,392	662,800
Additions			4,074	46,749	30,124	80,947
At 31August	2020		483,284	210,947	49,516	743,747
Depreciation	and impairment
At 1 September 2019			25,793	51,375	6,797	83,965
Depreciation	charged	in the year	6,691	26,629	7,184	40,504
At 31August	2020		32,484	78,004	13,981	124,469
Carrying amount
At 31August	2020		450,800	132,943	35,535	619,278
At 31August	2019		453,417	112,823	12,595	578,835

9	Debtors
			2020	2019
	Amounts falling due within one year:
	Trade debtors		38,056	103,799
	Other debtors		1,274	465
	Prepayments	and accrued income	8,129	6,586
			47,459	110,850

Future	minimum	lease payments	due under finance leases:
				2020	2019
Within	one year			7,050	3,760
Within	two and	five years		25,840	9,401
				32,890	13,161

Creditors:	amounts f	alling due within one year
				2020	2019
			Notes
Obligations	under finance leases		10	7,050	3,760
Trade creditors				5,188	7,980
Accruals and deferred		income		3,505	1,830
				15,743	13,570

					2020	2019
				Notes	f.
Obligations	under	finance	leases	10	25,840	9,401

		2020	2019
Within one year Between two and five years		588	2,103 588
		588	2,691

18	Cash generated from	operations				2020	2019
						F
	Surplus for the year					41,508	206,039
	Adjustments for:
	Investment income recognised in statement offinancial Depreciation and impairment oftangible fixed assets				activities	(2,567) 40,504	(1,624) 30,688
	Movements in working	capital:
	Decrease/(increase) in (Decrease)/increase in	debtors creditors				65,191 (1,117)	(5,021) 1,060
	Cash generated from	operations				143,519	231,142

19	Analysis of	changes	changes	in net funds
					At 1 September	Cash flows	At 31August
					2019		2020
					F
	Cash at bank and		in	hand	339,641	83,068	422,709
	Obligations	under	finance leases		(13,161)	(19,729)	(32,890)
					326,480	63,339	389,819