##
|Trustees||E Sims|||
|---|---|---|---|---|
|||P Smith|||
|||I Raeside|||
|||ASims|||
|Secretary||P Smith|||
|Charity number||528635|||
|Company|number|00926888|||
|Registered|office|Hanley Technical|Institute||
|||151-153Marsh Street||North|
|||Hanley|||
|||Stoke-on-Trent|||
|||Staffordshire|||
|||ST1 5HR|||
|Auditor||Geens Limited|||
|||68 Liverpool
Road|||
|||Stoke on Trent|||
|||Staffordshire|||
|||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|||
|||ST4 2SA|||
##
|||Page|
|---|---|---|
|Trustees'
report||1-5|
|Statement
oftrustees'|responsibilities||
|Independent
auditor's|report|7-9|
|Statement
offinancial|activities|10|
|Balance sheet||11 - 12|
|Statement ofcash flows||13|
|Notes to the financial|statements|14-22|
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|||||Unrestricted|Unrestricted|Total|Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||general|designated||general|designated||
|||||2022|2022||2021|2021|2021|
||||Notes|E||||||
|Income from:||||||||||
|Charitable
activities|||3|1,134,594||1,134,594|827,571||827,571|
|Investments|||4|4,449||4,449|1,518||1,518|
|Total income||||1,139,043||1,139,043|829,089||829,089|
|Ex enditure on:||||||||||
|Charitable
activities|||5|666,474|44,575|711,049|536,040|48,116|584,156|
|Net incoming|resources|||||||||
|before transfers||||472,569|(44,575)|427,994|293,049|(48,116)|244,933|
|Gross transfers||||||||||
|between
funds||||(218,944)|218,944||(220,750)|220,750||
|Net income for||the year/||||||||
|Net movement||in funds||253,625|174,369|427,994|72,299|172,634|244,933|
|Fund balances|at 1|||||||||
|September 2021||||217,884|1,074,912|1,292,796|145,585|902,278|1,047,863|
|Fund balances||at 31 August||||||||
|2022||||471,509|1,249,281|1,720,790|217,884|1,074,912|1,292,796|
##
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||||||2022|2021||
|---|---|---|---|---|---|---|---|
|||||Notes||||
|Fixed assets||||||||
|Tangible assets|||||618,281||628,912|
|Current assets||||||||
|Debtors|||||73,209|41,701||
|Cash at bank and||in|hand||1,039,095|655,725||
||||||1,112,304|697,426||
|Creditors:|amounts||falling due within|||||
|one year||||10|(9,795)|(14,753)||
|Net current|assets||||1,102,509||682,673|
|Total assets less||current liabilities|||1,720,790||1,311,585|
|Creditors:|amounts||falling due after|||||
|more than|one year||||||(18,789)|
|Net assets|||||1,720,790||1,292,796|
|Income funds||||||||
|Unre
ricted|funds|||||||
|Designated|funds|||12|1,249,281|1,074,912||
|General unrestricted|||funds||471,509|217,884||
||||||1,720,790||1,292,796|
||||||1,720,790||1,292,796|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|F||||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||||438,103||295,100|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(33,943)||(57,751)||
|Repayment
of investment
loans and||||||||
|receivables||||600||1,200||
|Investment
income received||||4,449||1,518||
|Net cash|used
in investing|activities|||(28,894)||(55,033)|
|Financing|activities|||||||
|Payment|ofobligations
under finance|||||||
|leases||||(25,839)||(7,051)||
|Net cash|used in financing|activities|||(25,839)||(7,051)|
|Net increase
in cash and cash equivalents|||||383,370||233,016|
|Cash and|cash equivalents|at beginning|ofyear||655,725||422,709|
|Cash and|cash equivalents|at end of|year||1,039,095||655,725|
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|||||Training|Training|
|---|---|---|---|---|---|
|||||and|and|
|||||education|education|
|||||2022|2021|
|||||F||
|Membership||fees||31,609|30,703|
|Services|to managing||agents|164,363|358,383|
|Courses||||94,090|56,220|
|Safety services||||9,237|7,762|
|ESFA Funding||||695,802|50,049|
|Enhanced|apprenticeships|||7,616|3,320|
|Ace Academy||||131,877|321,134|
|||||1,134,594|827,571|
##
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2022|2021|
|4,449|1,518|
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||||||Training|Training|
|---|---|---|---|---|---|---|
||||||and|and|
||||||education|education|
||||||2022|2021|
|Staff costs|||||484,343|421,031|
|Depreciation
and impairment|||||44,575|48,116|
|Course expenses
(inc NSEG costs)|||||27,578|21,480|
|Rent, rates and insurance|||||10,093|11,090|
|Heat, light and water|||||5,935|5,202|
|Minor equipment,
maintenance||and|premises expenses||16,141|14,227|
|Printing,
stationery|and telephone||||10,890|8,530|
|Publicity
(including|website)||||3,607|1,188|
|Motor and travelling|expenses||||9,964|4,710|
|Auditors'
remuneration/
Independent|||examiner's|fees|3,950|1,835|
|Sundry expenses|||||13,261|11,019|
|EAL charges|||||30,433|11,844|
|Subscriptions
and|donations||||4,190|5,954|
|Irrecoverable
VAT|||||8,012|6,984|
|Other charitable
expenditure|||||38,077|10,946|
||||||711,049|584,156|
||||||711,049|584,156|
|Analysis
by fund|||||||
|Unrestricted
funds|- general||||666,474|536,040|
|Unrestricted
funds|- designated||||44,575|48,116|
||||||711,049|584,156|
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|Employment
costs|2022|2021|
|---|---|---|
|Wages and salaries|415,186|374,749|
|Social security costs|37,343|32,945|
|Other pension costs|31,814|13,337|
||484,343|421,031|
|8|Tangible fixe|d assets||||||
|---|---|---|---|---|---|---|---|
|||||Land and|Fixtures, Motor vehicles||Total|
|||||buildings|fittings &|||
||||||equipment|||
|||||||P.||
||Cost|||||||
||At 1 September 2021|||513,784|184,587|55,511|753,882|
||Additions|||9,610|24,333||33,943|
||At 31August|2022||523,394|208,920|55,511|787,825|
||Depreciation|and impairment||||||
||At 1 September 2021|||39,664|62,298|23,007|124,969|
||Depreciation|charged|in the year|7,412|29,037|8,126|44,575|
||At 31August|2022||47,076|91,335|31,133|169,544|
||Carrying
amount|||||||
||At 31August|2022||476,318|117,585|24,378|618,281|
||At 31August|2021||474,120|122,288|32,504|628,912|
|9|Debtors|||||||
|||||||2022|2021|
||Amounts
falling due||within one year:|||||
||Trade debtors|||||6,455|30,885|
||Other debtors|||||570|448|
||Prepayments|and accrued income||||66,184|10,368|
|||||||73,209|41,701|
##
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|Creditors:|amounts
f|alling due within one year||||
|---|---|---|---|---|---|
|||||2022|2021|
||||Notes|E|E|
|Obligations|under finance leases||||7,050|
|Trade creditors||||5,845|5,773|
|Accruals and deferred||income||3,950|1,930|
|||||9,795|14,753|
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes||f|
|Obligations|under|finance|leases|||18,789|
##
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|13|Analysis of net assets|between|funds||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted||Designated|Total|Unrestricted|Designated|Total|
||||funds|funds||funds|funds||
||||2022|2022||2021|2021|2021|
||||F|||E|F|E|
||Fund balances at 31||||||||
||August 2022 are||||||||
||represented
by:||||||||
||Tangible assets|||618,281|618,281||628,912|628,912|
||Current assets/||||||||
||(liabilities)|471,509||631,000|1,102,509|236,673|446,000|682,673|
||Long term liabilities|||||(18,789)|-|(18,789)|
|||471,509||1,249,281|1,720,790|217,884|1,074,912|1,292,796|
##
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|||||||||
|---|---|---|---|---|---|---|---|
|15|Cash generated
from|operations||||2022|2021|
||Surplus
for the year|||||427,994|244,934|
||Adjustments
for:|||||||
||Investment
income recognised
in statement|||offinancial|activities|(4,449)|(1,518)|
||Depreciation
and impairment
of tangible||fixed assets|||44,575|48,116|
||Movements
in working|capital:||||||
||(Increase)/decrease
in|debtors||||(32,108)|4,558|
||Increase/(decrease)
in|creditors||||2,091|(990)|
||Cash generated
from|operations||||438,103|295,100|
|16|Analysis ofchanges|in net funds||||||
||||||At 1 September|Cash flows|At 31August|
||||||2021||2022|
||||||f||F|
||Cash at bank and
in hand||||655,725|383,370|1,039,095|
||Obligations
under finance leases||||(25,839)|25,839||
||||||629,886|409,209|1,039,095|