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|Trustees|||E Sims|||
|---|---|---|---|---|---|
||||D Edwards|||
||||P Smith|||
||||D Bentley|||
||||I Raeside|||
||||A Sims|||
||||LStephenson|||
|Secretary|||P Smith|||
|Chief Executive Officer|||P Williams|||
|Charity number|||528635|||
|Company|number||00926888|||
|Registered||office|Hanley Technical|Institute||
||||151-153Marsh Street||North|
||||Hanley|||
||||Stoke-on-Trent|||
||||Staffs|||
||||ST1 5HR|||
|Independent||examiner|KV Staley FCABSc|||
||||Geens Limited|||
||||68 Liverpool
Road|||
||||Stoke-on-Trent|||
||||ST4 1BG|||
|Bankers|||National
Westminster||Bank pic|
||||1 Upper Market Square|||
||||Henley|||
||||Stoke-on-Trent|||
||||ST1 1NS|||
|Solicitors|||Freeth Cartwright|LLP||
||||Federation
House|||
||||Station Road|||
||||Stoke on Trent|||
||||ST4 2SA|||
##
||||Page|
|---|---|---|---|
|Trustees'
report|||1-6|
|Independent
examiner's||report||
|Statement offinancial|activities|||
|Balance sheet|||9-10|
|Statement ofcash flows||||
|Notes to the financial|statements||12-21|
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||||Unrestricted|Designated|Total|Unrestncted|Designated|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||states|E|E|E|E|E|E|
|hgttgtfLI(3tm;|||||||||
|Charitable
activities||3|827,571||827,571|621,951||621,951|
|Investments||4|'I,518||1,518|2,567||2,567|
|Total income|||829,089||829,089|624,518||624,518|
|Ka~iDLtttL|||||||||
|Charitable
activities||5|536,040|48,118|584,156|534,635|48,375|583,010|
|stet incoming|||||||||
|resources
before|||||||||
|transfers|||293,049|(48,116)|244,933|89,883|(48,375)|41,508|
|Gross transfers|||||||||
|between
funds|||(220,750)|220,750||(118,818)|118,818||
|htet income for|the year/||||||||
|htet movement|in funds||72,299|172,634|244,933|(28,935)|70,443|41,508|
|Fund balances at 1|||||||||
|September
2020|||145,585|902,278|1,047,863|174,520|831,835|1,006,355|
|Fund balances|at 31||||||||
|August 2021|||217,884|1,074,912|1,292,796|145,585|902,278|1,047,863|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||||
|Fixed assets|||||||||
|Tangible assets||||||628,912||619,278|
|Current assets|||||||||
|Deb'lors|||||41,701||47,459||
|Cash at bank and||m|hand||655,725||422,709||
||||||697,426||470,168||
|Creditors: amounts|||falling due within||||||
|one year||||11|(14,753)||(15,743)||
|Net current assets||||||682,673||454,425|
|Total assets less||current liabilities||||1,311,585||1,073,703|
|Creditors: amounts|||falling due after||||||
|more than one|year|||12||(18,789)||(25,840)|
|Net assets||||||1,292,796||1,047,863|
|Income funds|||||||||
|~Il
t tdt|d||||||||
|Designated
funds||||13|1,074,912||902,278||
|General unrestricted|||funds||217,884||145,585||
|||||||1,292,706||1,047,863|
|||||||1,292,796||1,047,863|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||8|8|
|Cash flows from operating||activities|||||||
|Cash generated
from operations||||17||295,100||143,519|
|Investing|activities||||||||
|Purchase|oftangible
fixed assets||||(57,751)||(80,947)||
|Repayment
of investment
loans|||and||||||
|receivables|||||1,200||(1,800)||
|Investment|income received||||1,518||2.567||
|Net cash|used in investing|activities||||(55,033)||(80,180)|
|Financing|activities||||||||
|Payment|of obligations
under|finance|||||||
|leases|||||(7,051)||19,729||
|Net cash|(used in)lgenerated||from||||||
|financing|activities|||||(7,051)||19,729|
|Net increase
in cash and cash equivalents||||||233,016||83,068|
|Cash and|cash equivalents
at beginning|||ofyear||422,709||339,641|
|Cash and|cash equivalents|at|end of|year||655,725||422,709|
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||||Training|Training|
|---|---|---|---|---|
||||and|and|
||||education|education|
||||2021|2020|
|Iylembership|fees||30,703|28,634|
|Services to managing||agents|358,383|324,091|
|Courses|||56,220|47,007|
|Safety services|||7,762|7,224|
|ESFA Funding|||50,049||
|Enhanced|apprenticeships||3,320|2.634|
|Ace Academy|||321,134|212,361|
||||827,571|621,951|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2021|2020|
|E|E|
|1,518|2,567|
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|||||Training Training
and|Training Training
and|
|---|---|---|---|---|---|
|||||and|education|
|||||education||
|||||2021|2020|
|||||f|6|
|Staff costs||||421,031|428,655|
|Depreciation
and|impairment|||48,116|40,504|
|Course expenses|(mc NSEG costs)|||21,480|16,062|
|Rent, rates and insurance||||11,090|10,508|
|Heat, light and water||||5,202|4,235|
|Minor equipment,|maintenance||and premises expenses|14,227|9,552|
|Printing,
stabonery|and telephone|||8,530|9,375|
|Pubhcity
(including|website)|||1,188|11,008|
|Motor and travelling expenses||||4,710|7,568|
|Independent
examineys||fees||1,835|'i,750|
|Sundry expenses||||11,019|7,998|
|EAL charges||||11,844|15,378|
|Subscriptions
and|donations|||5,954|3,604|
|Vehicle leasing|||||1,287|
|Irrecoverable
VAT||||6,984|8,074|
|Health and safety|service expenses|||565|704|
|Ace Academy expenses||||8,432|5,444|
|Hire purchase
interest||||1,949|1,304|
|||||584,156|583.010|
|Analysis
by fund||||||
|Unrestricted
funds||||536,040|534,635|
|Unrestricted
funds|—designated|||48,116|48,375|
|||||SS4,156|583,010|
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|||2021|2020|
|---|---|---|---|
|||Number|Number|
|||14|14|
|Employment|costs|2021|2020|
|||E|E|
|Wages and salaries||374,749|379,695|
|Social security costs||32,945|33,230|
|Other pension costs||13,337|15,730|
|||421,031|428,655|
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|8|Tangible
fixed assets|Tangible
fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||Land and|Fixtures, Motor||vehicles|Total|
|||||hulldinss|fittlntls|lk|||
||||||equipment||||
|||||||E|E||
||Cost||||||||
||At 1 September
2020|||483.284|210,946||49,516|743,746|
||Additions|||30,500|21,256||5,995|57,751|
||Disposals||||(47,616)|||(47,616)|
||At 31 August|2021||513,784|184,586||55,511|753,881|
||Depreciation|and impairment|||||||
||At 1 September 2020|||32,484|78,003||13,981|124,468|
||Depreciation|charged|in the year|7,180|31,911||9,026|48,117|
||Eliminated
in|respect ofdisposals|||(47,616)||-|(47,616)|
||At 31 August|2021||39,664|62,29S||23,007|124,969|
||Carrying
amount||||||||
||At 31 August|2021||474,120|122,288||32,504|628,912|
||At 3'l August|2020||450,800|132,943||35,535|619,278|
|9|Debtors||||||||
||||||||2021|2020|
||Amounts
falling due||within one|year.|||E|E|
||Trade debtors||||||30,885|38,056|
||Other debtors||||||448|1,274|
||Prepayrnents|and accrued income|||||10,368|8,l29|
||||||||41,701|47,459|
|10|Finanre lease commitments||||||||
||Future minimum
lease||payments|due under finance leases;|||||
||||||||2021|2020|
||||||||E|E|
||Within one year||||||7,050|7,050|
||Within
two and five years||||||18,789|25,840|
||||||||25,839|32,890|
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|11|Creditors:|ainounts|falling dus within one year||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Notes|E|E|
||Obhgahons|under finance leases||10|7,050|7,050|
||Trade creditors||||5,773|5,188|
||Accruals and deferred||income||1,930|3,505|
||||||14,753|15,743|
||The hire purchase|The hire purchase|obiigation|is secured over the relevant asset|included|withm|motor vehicles.||
|---|---|---|---|---|---|---|---|---|
|12|Creditors:|amounts
falling||due after more than one year|||||
||||||||2021|2020|
||||||hfotss||E|E|
||Obligations|under|finance leases||10||18,789|25,840|
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||||202'f|2020|
|---|---|---|---|---|
||||6|8|
|Within|one|year||588|
||There were no di|There were no di|sclosa|ble
related party tran|ble
related party tran|sactions
du|ring the year (2020 —non|e).||
|---|---|---|---|---|---|---|---|---|---|
|17|Cash generated||from|operations||||2021|2020|
|||||||||e||
||Surplus
for|the year||||||244,934|41.508|
||Adjustments|for:||||||||
||Investment|income recognised|||in statement|offinancial|activities|(1,518)|(2,567)|
||Depreciation|and|impairment||oftangible fixed assets|||48,116|40.504|
||iylovements|in working||capital:||||||
||Decrease
in debtors|||||||4,558|65,191|
||(Decrease)|in creditors||||||(990)|(1,117)|
||Cash generated||from|operations||||295,100|143,519|
|18|Analysis
ofchanges|||in net funds||||||
||||||||At 1 September|Cash nowa|At 31August|
||||||||3020||gg31|
||||||||2||6|
||Cash at bank and||in hand||||422,709|233,016|655,725|
||Obligations|under|6nance leases||||(32,890)|7,051|(25,839)|
||||||||389,819|240,067|629,886|