OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Contents Page
Trustees'
Annual
Report
Independent Auditors'
Report
Consolidated Statement
of Financial		 Activities 12
Consolidated & Charity Balance Sheets 13
Consolidated Statement
of Cashflows		 14
Notes forming part ofthe financial statements 15

Mr D Williams (Chair) Jaguar Land Rover
Ms A Chick Jaguar Land Rover
Mrs C Barber Jaguar Land Rover
Mr P Dhillon Jaguar Land Rover (appointed 24~ October 2022)
Mr AS Isherwood Institute of Student Employers
Mrs M Jennings Venues ofExcellence
Mr EJWest AHMC
The following person acted as Company
Secretary during		 the Rnancial year:
Mr C Hodgson AHMC

istered
No 00		 8897 91
Unrestored Restricted Total Total
Funds Funds Funds Funds
Year ended Year ended Year ended Year ended
Notes 31 March 2023 31 March 2023 31 March 2023 31 March 2022
1(e)
Charitable
acUvlties		 5,046,881 5,046,881 2,544,853
Other trading acUvities 129,172 129,172 125,214
Grants 128,029
Investmenls 6,355 8.355 180
Other sources (profit on disposal offixed assets) 83 83
Total income 5,184,491 5,184,491 2,798.276
Chanteble
Activities		 4,634,687 3,745 4,638,432 3,035,975
Raismg funds 63,443 63,443 50,004
Other 288,000 288,000 288,000
Loss on disposal
offixed assets		 5,034
Totalexpenditure 4,986,130 3,745 4,989,875 3,379,013
Net income
I		 (expenditure) for the year 198,361 (3,745) 194,616 (580,737)
Net movement in funds 198,361 (3,745) 194,616 (580,737)
Totat funds brought forward at I Apnl 5,619,571 125,535 5,745,106 6,325,843
Total funds cerned forward at 3'I March 5,817,832 121,790 5,939,722 5,745,106

Conaogdated 8Charity B Conaogdated 8Charity B alance Sh eets at 31March 2023
Ashorne
Hill Management		 Cogege
Registered
No. 00889791		 Group Charity Group Charity
31 March 31 March 31 March 31 March
Noise 2023 2023 2022 2022
E E E
Fixed Assets
Tangible Rxed Assets 4,672,832 4,672,832 4,785,891 4,785,891
Investments
Shares in Ashome Hilt (Trading) Ltd
Current Assets
Stocks 12 55,072 55,072 62,064 62,064
Debtors 13 1,084,268 1,064,268 697,001 631,521
Cash et bank snd in hand 1,898,878 1,898,876 1,620,577 1,586,055
3,018,218 3,018716 2,279,642 2279,640
Uabgltles:
amounts		 falling due within one
year 14 (1,629,245) (1,629,245) (1,198,344) (1,198,344)
Net Current Assets 1,388,873 1,388,9M 1,081,298 1,081,296
Lhbgltles: amounts fsglng due In more than 14 (122,083) (122,083) (122,083) (122,083)
one year
Total Assets less Uabgitles 5,939,722 5,939,722 5,745,108 5,745,106
Funds
Unrestrkxed
Funds		 17 5,817,932 5,817,932 5,819,571 5,619,571
Restricted Funds 17 121,790 121,790 125,535 125,535
Total Charity Funds 5,939,722 5,939,722 5,745,106 5,745,106

Consolidated
Statement		 ofCashflows ofCashflows for the year ended 31 March 2023
Ashorne
Hill Management		 College Year to Year to
Registered
No. 00889791		 31 March 31 March
2023 2022
Notes
Cash increase
/ (reduction)		 from operas one 0) 553,437 (54.200)
Net cash inflow
/ (outflow)
activides		 provkled by operabng 553,437 (54,200)
interest received 8,355 180
Payments
to acquire tangible
fixed assets		 (283,574) (261,673)
Receipts from disposal of tangible fixed assets 83
Net cash used in investing activlbes (275,136) (261,493)
Change
in cash and cash		 equivalents in ihe
reporting
period		 278,301 (315,693)
Analysis ofcash and cash equivalents
Cash and cash equivalents at the beginning of
die reponirig
period		 1,620,577 1,936,270
Cash and cash equivalents at the end ofthe
reporting
penod		 1,898,878 1,620,577
Notes to Statement
of Cashflows
Year to Year to
31 March 31 March
2023 2022
8 6
Net income
/ (expenditure)		 194,616 (580,737)
Interest receivable (8,355) (180)
Depreciation
charges
(Profit)
/ Loss on disposal		 of fixed assets 396,633
(83)		 414,178
5,034
Decrease
/ (increase)
in stocks
Increase
in debtors		 6,992
(457,267)		 (54,302)
(366,951)
increase
in creditors		 430,901 528,758
Cash reduction
from operations		 553,437 (54,200)

Unrestricted Restricted
Funds Funds
Basis of
Allocauon		 Cost of
Generating
Funds		 Training
Courses		 Conference
Faoaues		 Conference
Faolities		 2022-23
Total		 2021-22
Total
Costs directly allocated
to activities
Traming Direct 521,436 521,436 347,368
Conferendng Direct 2,032,347 2,D32,347 1,152,524
Costs allocated to
activities
General
office/admin		 staff 3,864 191,247 191,247 386,358 3'l4,768
Office costs 996 49,312 49,312 99,620 77,584
Residences 31,499 31,499 12,795
Rent 1,414 1,665 29.209 32,288 32,00D
Depredation Usage 7,933 39,663 345,292 3,745 396,633 414,178
Floor
Legal & Professional Area 1,391 68,865 68,865 139,121 91,992
Utilities usage 16,227 19,110 335,21 0 370,547 201,976
Business Development Turnover 113,261 113,261 226,522 112,958
Floor
Operauons
Planning		 Area 200,228 200,228 143,964
staff
Estates Maintenance Time 13,660 239,617 253,277 171,872
stair
Governance Time 120 5,940 5,940 12,000 12,000
Totals 63,444 1,024,159 3,610,528 3,745 4,701,876 3,085,979
5.
Other expenditure
2022-23 2021-22
5
Finance lease interest payable 288,000 288,000
6.
Net		 income for the Year
This is stated after charging: 2022-23 2021-22
5
Depreciation on owned assets 396,633 410,433
Depreciation on leased assets 1,235 1,235
Auditors'
remuneration		 - Audit services 12,000 12,000
- Other 2,300 1,250

otal staff co sts ofthe Group comp rised:
Year ended Yearended
31 March 2023f 31 March 2022f
Salaries and wages (i) 1,974,660 1,441,621
Employer's NI costs 172,780 128,211
Pension costs 116,015 91,083
2,263,455 1,660,915
oyees
w
lows:		 hos e emoluments
exce		 eded the annua l
rate ofF60,000		 during the period w
Year ended Year ended
31 March 2023 31 March 2022
Number Number
f60,001 to 870,000 3 2
verage number ofpersons
employe		 d
during the year was:
Year ended Year ended
31 March 2023 31 March 2022
Number Number
Training Consultants 4 3
Other full-time employees 56 42
Other part-time employees 22 15
82 60

Ashorne
Hill (Trading)		 (com pany
registration
N		 o: 05335543):
2022-23 Balance at 2021-22 Balance at
Transactions 31 March Transactions 31 March
2023 2022
Charges to Ashorne
(Trading) for services		 Hill 14,694 9,758
Amounts
owed by
Ashome
Hill (Trading)		 79,242 34,520
Charges to Jaguar Land
Rover for courses and 1,281,787 368,695 459,966 176,144
services
Charges to other Tata
Group companies
for		 18,388 16,034 6,631 7,957
courses and services
Services supplied
by
Jaguar Land Rover		 320,000 63,000 320,000
Services supplied
by
Venues of Excellence		 1,608 7,925 4,671

11.
Tangible
Fixed Asset		 s
Group and Charity Total Long Leasehold
Property		 Fixtures, Fittings
8 Equipment		 Motor
Vehicles
At 1 April 2022 11,658,250 6,613,065 4,995,583 49,602
Additions 283,574 273,010 10,564
Disposals (44,686) (44,686)
At 31 March 2023 11,897,138 6,613,065 5,223,907 60,166
Accumulated
Depreciation
At 1 April 2022 6,872,359 2,689,486 4,145,849 37,024
Charge for year 396,633 114,385 276,648 5,600
Disposale (44,686) (44,686)
At 31 March 2023 7,224,306 2,803,871 4,377,811 42,624
Net Book Value
At 31 March 2023
At 31 March 2022		 4672 832
~1		 ~9194
3993		 ~8460
849734		 17542

31Mar 2023 31 Mar 2023 31Mar 2022 31 Mar 2022
Groupf Charityf Groupf Charity
Trade Debtors 733,858 733,858 504,572 504,572
Prepayments &Accrued Income 330,410 330,410 92,429 92,429
Amount due from subsidiary 34,520
1,064,268 1,064,268 597,001 631,521

14.
C		 reditors: Amounts
Falli		 ng Due within
On		 e Year
31 Mar 2023 31 Mar 2023 31 Mar 2022 31 Mar 2022
Group Charity Groupf Charityf
Trade Creditors 252,874 252,874 159,230 159,230
Accruals 1,148,963 1,148,963 900,062 900,062
Deferred income 2,429 2,429 31,151 31,151
Other taxes &social security 224,980 224,980 107,901 107,901
1,629,246 1,629,246 1,198,344 1,198,344
f17,751 )and other charge s
billed
in advance
of		 f2,429(2022:f3,380).
Defened income —Group & Charity 2022-23 2021-22
Balance at 1 April 31,151 53,835
Amount released (31,151) (52,795)
Amount deferred 2,429 30,101
Balance at 31 March 2,429 31,151
31 Mar 2023 31 Mar 2023 31Mar 2022 31Mar 2022
Group
f		 Charity
f		 Group
f		 Charity
f
Finance lease creditor 122,083 122,083 122,083 122,083
122,083 122,083 122,083 122,083

Finance lease Finance lease
Obligations
under		 a finance
lease are		 secured by the related
assets		 and bear finance
charges at a rate of 235.5% per annum (2021-22; 235.5% per annum).
2022-23 2021-22
F 6
The total future minimum lease payments are payable:
Less than one year 288,000 288,000
Between one and five years 1,152,000 1,152,000
After five years 11,232,000 11,520,000
12,672,000 12,960,000
Less: Future finance charges (12,549,917) (12,837,917)
122,083 122,083

Group at 31 March 2023 General Building Development Restricted Total
6 Funds Reserve Fund Capital Funds
Fund
Fixed Assets & Investments 4,551,042 121,790 4,672,832
Current Assets 1,556,268 1,300,000 161,950 3,018,218
Current
Liabilities		 (1,629,245) (1,629,245)
Long-term
Liabilities		 (122,083) (122,083)
At 31 March 2023 4,355,982 1,300,000 161,950 121,790 5,939,722
Group at 31 March 2022
f		 General
Funds		 Building
Reserve		 Development
Fund		 Restricted
Capital Fund		 Total
Funds
Fixed Assets 8 Investments 4,660,356 125,535 4,785,891
Current Assets 817,692 1,300,000 161,950 2,279,642
Current
Liabilities		 (1,198,344) (1,198,344
)
Long-term
Liabilities		 (122,083) (122,083)
At 31 March 2022 4,157,621 1,300,000 161,950 125,535 5,745,106

15.
Anal		 ysis
of Net Asse		 ysis
of Net Asse		 ts Between F unds (contin ued)
Company
at		 31 March 2023
6 General Building Development Restricted Total
Funds Reserve Fund Capital Funds
Fund
Fixed Assets 8 Investments 4,551,044 121,790 4,672,834
Current Assets 1,556,266 1,300,000 161,950 3,018,216
Current
Liabilities		 (1,629,245) (1,629,245)
Long-term
Liabilities		 (122,083) (122,083)
At 31 March 2023 4,355,982 1,300,000 161,950 121,790 5,939,722
Company
at 31 March 2022
General Building Development Restncted Total
Funds Reserve Fund Capital Funds
Fund
Fixed Assets & Investments 4,660,356 125,535 4,785,891
Current Assets 817,692 1,300,000 161,950 2,279,642
Current
Liabilities		 (1,198,344) (1,198,344)
Long-term
Liabilities		 (122,083) (122,083)
At 31 March 2022 4,157,621 1,300,000 161,950 125,535 5,745,106
18.
Movements		 in Funds
Group General Building Development Restricted Total
Funds Reserve Fund Capital Funds
Fund
At 1 April 2022 4,157,621 1,300,000 161,950 125,535 5,745,106
Income 5,184,492 5,184,492
Expenditure (4,986,131) (3,745) (4,989,876)
At 31 March 2023 4,355,982 1,300,000 161,950 121,790 5,939,722
Charity General Building Development Restricted Total
Funds Reserve Fund Capital Funds
Fund
At 1 April 2022 4,157,621 1,300,000 161,950 125,535 5,745,106
Income 5,169,798 5,169,798
Expenditure (4,971,437) (3,745) (4,975,182)
At 31 March 2023 4,355,982 1,300,000 161,950 121,790 5,939,722

31 March 2022 31 March 2021
Land Other Land Other
Payments within one year 32,000 5,040 32,000 5,040
Payments between two and five years 128,000 6,500 128,000 11,141
Payments in over five years 1,264,000 1,296,000
1,424,000 11,540 1,456,000 16,181

Income and Expenditure
Turnover		 Account (K) 2022-23
93,936		 2021-22
97,618
Operating
costs including		 administration charge (14,694) (12,759)
Operating
Profit/ (Ioss)		 79,242
(Loss) / Profit for the year 79,242 84,859
Gift Aid donation
to parent		 undertaking (79,242) (80,277)
Retained
in subsidiary		 4,582
Balance Sheet 31 Mar 2023 31Mar 2022
E 6
Cunent assets 79,244 34,522
Current
liabilities		 (79,242) (34,520)
Net (liabilities)
/ assets
Celled up share capital
Profit and loss account
Reserves