##
##
|Trustees|||E Sims|||
|---|---|---|---|---|---|
||||P Smith|||
||||I Raeside|||
||||A Sims|||
|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|||
|Independent||examiner|K.V. Staley FCA BSc(Hons)|||
||||Graphic house|||
||||124 City Road|||
||||Stoke on Trent|||
||||ST4 2PH|||
|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|||1-6|
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet|||9-10|
|Statement
ofcash flows||||
|Notes to the financial|statements||12-21|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Unrestricted|Total|Unrestricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||general|designated||general|designated||
|||||2023|2023|2023|2022|2022|2022|
||||Notes||E|E|F|F|E|
|Income and endowments||||from:||||||
|Charitable
activities|||3|960,152||960,152|1,134,594||1,134,594|
|Investments|||4|20,332||20,332|4,449||4,449|
|Other income|||5|6,453||6,453||||
|Total income||||986,937||986,937|1,139,043||1,139,043|
|Ex endi ure on:||||||||||
|Charitable
activities|||6|742,875|48,647|791,522|666,474|44,575|711,049|
|Net incoming|resources|||||||||
|before transfers||||244,062|(48,647)|195,415|472,569|(44,575)|427,994|
|Gross transfers||||||||||
|between
funds||||(82,292)|82,292||(218,944)|218,944||
|Net income for||the year/||||||||
|Net movement||in funds||161,770|33,645|195,415|253,625|174,369|427,994|
|Fund balances|at 1|||||||||
|September 2022||||471,509|1,249,281|1,720,790|217,884|1,074,912|1,292,796|
|Fund balances||at 31||||||||
|August 2023||||633,279|1,282,926|1,916,205|471,509|1,249,281|1,720,790|
##
##
##
||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Tangible assets||||10||651,926||618,281|
|Current assets|||||||||
|Debtors|||||99,793||73,209||
|Cash at bank and||in|hand||1,193,307||1,039,095||
||||||1,293,100||1,112,304||
|Creditors:|amounts||falling due within||||||
|one year||||13|(10,433)||(9,795)||
|Net current|assets|||||1,282,667||1,102,509|
|Total assets less||current liabilities||||1,934,593||1,720,790|
|Creditors:|amounts||falling due after||||||
|more than|one year|||14||(18,388)|||
|Net assets||||||1,916,205||1,720,790|
|Income funds|||||||||
|Unrestricted|funds||||||||
|Designated|funds|||15|1,282,926||1,249,281||
|General
unrestricted|||funds||633,279||471,509||
|||||||1,916,205||1,720,790|
|||||||1,916,205||1,720,790|
##
##
##
##
##
##
|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Notes|||E||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||19||189,758||438,103|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(93,840)||(33,943)||
|Proceeds|from disposal
oftangible
fixed|||||||
|assets||||18,000||||
|Repayment
of investment
loans and||||||||
|receivables||||||600||
|Investment|income received|||20,332||4,449||
|Net cash|used in investing|activities|||(55,508)||(28,894)|
|Financing|activities|||||||
|Payment|of obligations
under finance leases|||19,962||(25,839)||
|Net cash|generated
from/(used
in)|||||||
|financing|activities||||19,962||(25,839)|
|Net increase
in cash and||cash equivalents|||154,212||383,370|
|Cash and|cash equivalents|at beginning|ofyear||1,039,095||655,725|
|Cash and|cash equivalents|at end of|year||1,193,307||1,039,095|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Training
andTraining
and|Training
andTraining
and|
|---|---|---|---|---|
||||education|education|
||||2023|2022|
||||f||
|Membership|fees||31,219|31,609|
|Services to managing||agents|41,155|164,363|
|Courses|||115,819|94,090|
|Safety services|||12,622|9,237|
|ESFA Funding|||753,979|695,802|
|Enhanced|apprenticeships||800|7,616|
|Ace Academy|||4,558|131,877|
||||960,152|1,134,594|
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2023|2022|
||Interest receivable||20,332|4,449|
|5|Other income||||
||||Unrestricted|Total|
||||funds||
||||general||
||||2023|2022|
|||||E|
||Net gain on disposal oftangible|fixed assets|6,453||
##
##
##
||||||Training
and|Training
and|
|---|---|---|---|---|---|---|
||||||education|education|
||||||2023|2022|
||||||f|f.|
|Staff costs|||||507,390|484,343|
|Depreciation
and|impairment||||48,647|44,575|
|Course expenses|(inc NSEG costs)||||74,786|27,578|
|Rent, rates and insurance|||||10,961|10,093|
|Heat, light and water|||||8,400|5,935|
|Minor equipment,|maintenance|and|premises expenses||23,228|16,141|
|Printing,
stationery|and telephone||||9,281|10,890|
|Publicity
(including|website)||||13,479|3,607|
|Motor and travelling
expenses|||||13,643|9,964|
|Auditors'
remuneration/
Independent|||examiner's|fees|2,030|3,950|
|Sundry expenses|||||12,736|13,261|
|EAL charges|||||21,570|30,433|
|Subscriptions
and|donations||||4,498|4,190|
|Irrecoverable
VAT|||||11,017|8,012|
|Other charitable
expenditure|||||29,856|38,077|
||||||791,522|711,049|
||||||791,522|711,049|
|Analysis
by fund|||||||
|Unrestricted
funds|- general||||742,875|666,474|
|Unrestricted
funds|- designated||||48,647|44,575|
||||||791,522|711,049|
##
##
##
|8|Employees||(Continued)|
|---|---|---|---|
||Employment
costs|2023
f|2022
E|
||Wages and salaries|442,000|415,186|
||Social security costs|39,607|37,343|
||Other pension costs|25,783|31,814|
|||507,390|484,343|
##
##
|Tangible fixe|d asset|s|||||
|---|---|---|---|---|---|---|
||||Land and|Fixtures, Motor|vehicles|Total|
||||buildings|fittings 8|||
|||||equipment|||
|||||F|||
|Cost|||||||
|At 1 September 2022|||523,394|208,920|55,511|787,825|
|Additions||||24,721|69,119|93,840|
|Disposals||||(30,498)|(30,124)|(60,622)|
|At 31 August|2023||523,394|203,143|94,506|821,043|
|Depreciation|and impairment||||||
|At 1 September 2022|||47,076|91,336|31,133|169,545|
|Depreciation|charged|in the year|7,540|29,810|11,297|48,647|
|Eliminated
in|respect|of disposals||(30,498)|(18,577)|(49,075)|
|At 31 August|2023||54,616|90,648|23,853|169,117|
|Carrying
amount|||||||
|At 31 August|2023||468,778|112,495|70,653|651,926|
|At 31 August|2022||476,318|117,585|24,378|618,281|
##
##
##
|11|Debtors|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||Amounts||falling|due||within one|year:||||
||Trade|debtors|||||||9,854|6,455|
||Other|debtors|||||||1,065|570|
||Prepayments
and accrued income||||||||88,874|66,184|
||||||||||99,793|73,209|
|12|Finance lease commitments||||||||||
||Future|minimum||lease||payments|due under finance leases:||||
||||||||||2023|2022|
||||||||||F|E|
||Within|one|year||||||1,574||
||Within|two|and five years||||||18,388||
||||||||||19,962||
|13|Creditors:||amounts||falling due||within one year||||
||||||||||2023|2022|
|||||||||Notes|F|F|
||Obligations||under finance leases|||||12|1,574||
||Trade|creditors|||||||6,859|5,845|
||Accruals
and deferred|||||income|||2,000|3,950|
||||||||||10,433|9,795|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes|||
|Obligations|under|finance|leases|12|18,388||
##
##
##
||Balance at|Resources|Transfers|Balance at|Resources|Transfers|Balance at|
|---|---|---|---|---|---|---|---|
||1 September|expended||1 September|expended||31August|
||2021|||2022|||2023|
|Fixed Assets|628,912|(44,575)|33,944|618,281|(48,647)|82,292|651,926|
|Staff||||||||
|Contingencie||||||||
|s|116,000||15,000|131,000|||131,000|
|Strategic||||||||
|Development||||||||
|Fund|330,000||170,000|500,000|||500,000|
||1,074,912|(44,575)|218,944|1,249,281|(48,647)|82,292|1,282,926|
##
##
||||Unrestricted|Designated|Total|Unrestricted|Designated|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023||2022|2022|2022|
||||E|E|||E|f|
|Fund balances||at 31|||||||
|August|2023 are||||||||
|represented
by:|||||||||
|Tangible|assets|||651,926|651,926||618,281|618,281|
|Current|assets/(liabilities)||651,667|631,000|1,282,667|471,509|631,000|1,102,509|
|Long term liabilities|||(18,388)|-|(18,388)||||
||||633,279|1,282,926|1,916,205|471,509|1,249,281|1,720,790|
||2023|2022|
|---|---|---|
|Within one year|1,088|1,088|
|Between two and five years|1,936|3,024|
||3,024|4,112|
##
##
##
##
|19|Cash generated|Cash generated|from|operations|operations|||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||F||
||Surplus for|the year||||||||195,415|427,994|
||Adjustments|for:||||||||||
||Investment|income recognised
in statement|||||offinancial|activities||(20,332)|(4,449)|
||Gain on disposal||oftangible||fixed assets|||||(6,453)||
||Depreciation
and||impairment||oftangible|fixed assets||||48,647|44,575|
||Movements|in working||capital:||||||||
||(Increase)|in debtors||||||||(26,584)|(32,108)|
||(Decrease)|/increase
in||creditors||||||(935)|2,091|
||Cash generated||from|operations||||||189,758|438,103|
|20|Analysis ofchanges|||in net|funds|||||||
||||||||||At 1 September|Cash flows|At 31 August|
||||||||||2022||2023|
||Cash at bank and||in hand||||||1,039,095|154,212|1,193,307|
||Obligations|under|finance leases|||||||(19,962)|(19,962)|
||||||||||1,039,095|134,250|1,173,345|