DoGusun Envelope ID." E2AD120C-3DAD413E-8507_F6E482C96BF9 Charity number- 526788 IN-COMM TRAINING & MANUFACTURING GROUP UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP CONTENTS Page Reference and admlnlstratlve detalls of the Charity, Its Trustees and advlsers Trustees. report Independent examinerfs report Statement of flnanclal actlvltlos Balancè sh••t Not8s to th• financial stat•m•nts 8-14
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP REFERENCE AND ADMINISTRATIVE DETAILS OF THE cHARY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDEO 30 JUNE 2025 Trustees Neil Uoyd, Joint Chairman Colin Mills. Secretary Gareth Jones Charlty r•glst•r•d numb•r 528788 PrlncSpal office Vvjo Pla¢e Ajdridge West Midlands 874 3LS A¢¢ountants Crowe U.K. LLP Chartered Accountanis Black Country House Rounds Green Road Oldbury Wesl Midlands B69 2DG Bankers HSBC Bank Pk PO Box 68 130 New Slrg01 Birniingham B2 4JU Virgin Money PIC Jubilee House Gosforth Newcastle NE3 4PL Page 1
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP TRUSTEES. REPORT FOR THE YEAR ENDEO 30 JUNE 2025 Trustees The Trustee5 named have served throughout the year unless olherw5e stsled. Appointment of Trustees IS governed by the Constilulion. Govornan¢• The Management Commiitee is the governing body of the Group and consists of one representative of each member firm. The Executive Committee is appointed by the Management Committee to deal wth the day lo day running of the Group. This consists of the Trustees.. N Lloyd. G Jone5, C Mills, the Treasurer R Philips, and R Evans, AHall8r, C. Ufflney. P Hodgetts. and I Sobolewska. During the Year the following member representslives joined the Executive Committee". J Worthinglon. The Board exist to approve wAicies. new strategic tlire¢tions. changes proposed from the group and new initiatives. Host regular meetings with the technical partners and eleded board members. Investment Powern Under the Conslitulion, property vested in Ihe Trustees on Ixhalf of the Group, may be dealt with as the Committ99 shall from lime lo limg by resdutson direcL Constltutlon, Oble¢ts and Poll¢l•$ The Group is governed by its Constitution. The mission of the Group is.. To be a world class Midlands training support nelwork for manufacturing and engineering companies with a hyper local approach lo supporting growth through training and upskilling. In order lo achieve rts mission, the Group has Ihe folkmng m$ and Objgctwes containgd in the Constitution.. To advance the theoretical and practical education and training of persons engaged, or intending to be engaged, in the engineering industry and olher fields. Subject lo the forgoing objecknves. to extend the benefii of the educational and training facilities of the Group lo members ol the public. To observe best pr8¢tice in the ¢V¢t of the Group. To do su¢h olhgr things as Ihe Manag8m8nl Cmiltee shall consider necessary or conducive lo Ihg carrwng out of the objectives. D8vèlopm8nt, Actlvltle8 and Achlev8ments Staffing support continues to be provided and maintained by our proactive partner lTrComm Training and Business Services. The partnership delNers robust training and devel¢)pment adM¢e giwng members access to the infomiation and skills required to give them the a114mportant competitive edge. Membership rates are kept to minimum and represent real value for money and truly suprKfyrt the SME in achieving it growlh and sustainability though their skills base. Page 2
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDEO 30 JUNE 2025 Servlces Currenuy TMG delivers the folk)wng services lo its members.. Regular content and infomiation from the Te¢hni¢al Partners The chance to attend the informative dinners ran by Technical Partners Full free legal review of your business Oiscounl on- In-comm Courses Access to grants and funding opportunities Support wth Apprentice recruilmenl and skills matching Seminar programme tailored lo member Inte$t Access lo worfd class tschTh)l¢yJies. Te¢hnl¢al partners Technical Partners consist of FBCMB and 1COmM. Technical Partners shoulsj deliver value, faclitale events be an 8Ctive participant in organisational development. initiating change and steering the TMG in the direction of futur8 growth of membership and our communily. Tgchnical Partngr bgnefils and opportuniligs.. Promotional Information on all TMG marketing material Host a bespoke event at your premises Host 8 bespoke dinner on the topic aligned lo your expertiso Exhibition and Seminars- attend a stand and showcase own malerials and technolcgy. 800s1 your profile and showcase the business as a market leader in your field ol expertise lo the audience of over 500 manufacturing and engineering companios Newslottgr inclusions First refusal opportunity for sponsorships of ihe events. Ability to promole (he TMG nefvlork to their own customer base with mailshots. brochures and olher collateral. Public Benefit The Trustees Confimi that they have paid due regard to the guidance gIn by the Charity Commission on public benefit. Flnanclal Revlgw and Reserv Total income in the year was £68.681 12024 £32.6851 being subscription5 for general members £19,78612024 £15,836) , Stem Engagement income £48.57612024 £16.650). bank interest of £31912024 £1991. Expenditure for the year was £54,04712024 £28,577). The net movement in Unrestricted funds was 1£2,322} 12024 £3,778) and net movemenl in restricled funds was £16.956 (2024 £330). Total reserves were £84,563 at 30 June 202512024 £69,929} The pxAicy of the Group on Reserves is lo maintsin at least 2 year5 training costs in reserve. Pdicy on investments is to keep surplus monies on secure. interest bearing accounts. Page 3
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDEO 30 JUNE 2025 Statement of Trustee's responsibilities The Trustees are resFK)n5ible for prepanng the Trustees. report and the financial slalements in accordance with applicable law and United Kingdom Accountsng Stan(Jards (United Kingdom Generally Accepted Accounting Praclieel. The law applicable to charities in EnglaNI & Wales reqUIS the Tnjstees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the Charity and of its incoming resources and application of resources, induding its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently, observe the methods and principles of the Charities SORP IFRS 1021", make judgments and a¢¢ounbng eslimales Ihal are reasonable and prudent.. state whether applicable UK Ac¢ounlin9 Standards IFRS 1021 have been followed, subject to any material departures discjosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will conbnue in busine55. The Trustees are responsible lor keeping adequate accounling records that are sufficient lo show and explain Ihg Charills Ir8nsaclions and disclose with reasonable accuracy at any time the financial position ol the Charity and enable them lo ensure that the financial ststements comply with the Charities Act 2011, the Charity (Accounts and Rgportsl Regulats'ons 2008 and the provisions of the Constitution. They are also responsible for safeguarding the assets of the Charity and hence lor taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order ol the members of the board of Truslees and sed on their behalf by.. Nell Lloyd Trustee Date.. 2412/2026 Page 4
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2025 Independent Examinerfs Report to the Trustees of In4omm Training & Manufacturing Group I'the ChariWI I report lo the charty Trusts6s on my examinab.on of Ihe accounts of th8 Charity for the year ènd8d 30 June 2025. R8sponsibilitS•s and Basis of Report As the Trustees of the Charity are reswnsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the 2011 ACVI. I rèport in rèspect ol my examinatirffi of the Charitys accounts carried out under Section 145 of thè 2011 Act and in carrying oul my examination I have lollowed the aprAicable Directsons given by the Charity Commission under section 14515llbl of the 2011 Act. Independent Examlnerf8 Statement Your attention is drawn lo the lacl that the Charity has prepared the accounts in accordance with Accounllng and Reporting by Charities.. S¢at8m8nl of Recommended Pr3cts¢e applicab18 lo charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Irdand IFRS 1021 in preference to the Accounting and Reporting by Charitses.. Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant re9ulalions but has been wthdrawn. l understand that this has been done in or(Jer for the accounts lo provide a true and fair view in accordance with the Generally Aecepled Accounting Practice effective lor reportin9 periods beginnin9 on or after 1 January 2019. I have CoMetd my examination. I confim) thal no matters have como to my attention in connfjclion with the examinalion giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by se¢lion 130 of the 2011 Act., or the accounts do not accord wilh t)$8 roccds". c the accounts do nol comply wlh Ihe applicable requiremenis conceming the form and conlenl of accounis set out in the Charities (Accounts and Reports) Regulatsons 2008 olher than any requirement Ihal the accounts give a 'true and lairf view which is 1 a matter consMJered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which altention should be drawn in this repori in order lo enable a proper undersianding of Ihe accounts lo be reached. Thi5 report is made solely lo the Charitys Trustees. a5 8 body. in 3ccordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stsle lo the Chariws Trustees those matters l am reqUId lo stale to them in an Independent examiner's report and for no other purpose. To the fullest extent pemitted by law, I do not a¢¢ept or assume responsibility to anyone other than the Charity and the Chariws Trustees as a t)(Kly, for my S)rk or for this report. Signed.. Gakrt U* L Dated.. 24 February 2026 Helen Blundell LLB FCA FCIE Dctr Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands 669 2DG Page S
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Ineomo from.. Donations and legaaes Charitable acb'vilies Investments 48,576 48.576 19,786 319 16,650 15,836 199 19.786 319 Total Incom• 20,105 48,576 68,681 32,6B5 Exptndltur• on.. Chariiable acbvities 22,427 31,620 54.047 28,577 Total exp•ndltur• 22,427 31,620 $4.047 28,577 Net movomont In fund• 12,3221 16,956 14,634 4, 708 Reconclllatlon of funds.. Total fund5 brought forward Nel movement in funds 69,599 12,3221 330 16,956 69,929 14,634 65,827 4,108 Totsl funds carrSed forward 67,277 17,286 84.563 69,929 The Statement of Financial Aciivities indudes all gains and losses reccgnised in the year. The notes on pages 8 10 14 fomi part ol Ihese financial statements. Page 6
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP BALANCE SHEET ASAT 30 JUNE 2025 2025 2024 Note Current assets Debtors 17.363 81.474 11,654 67,509 Cash at bank and in hand 98.837 79, 163 Curr•nt Ilabllltl•$ Creditors.. amounts falling due within ce year 10 114.274) (9,234) Net current *5stt$ 84,563 69,929 Totsl net assets 84,563 69,929 Charity funds Resiricled funds Unrestricted funds 17,286 67,277 330 69,599 Totsl funds 84,$63 69,929 The financial ststemenls viere 8pprove(l and authSed for issue by the Trusl88s and signed on their behalf by.. iL1141 F81082F3OA4c Nell Lloyd Trust88 08te.. 24/2/2026 Thg not9$ on pages 8 to 14 fomi part of Ihese financial slatemonts. Page 7
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 G•n•ral Inforniatlon In-comm Training & Manufacturing Group is a charity in Englat)d and Wales whose registered office is 12 Vigo Place, WS9 8UG. The charitys registered number is 528788. The members of the charity are the trustees named on page 1. Accounting pollcl•s 2.1 Basls of preparatlon of flnanclal statements The flnancial slalemenls have Ixen prepare(l in accordance th the Charlties SORP IFRS 1021- Accounling and Rewrting by Charities.. Statemenl of Recommended Practice applicable to charities preparing thgir a¢¢ounls in accordance with the Financial Rèportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charits'es Act 2011. The financi81 statements have been prepared lo give a 'true and lairf view and have departed from the Charities (Accounts and Reports) Regulatsons 2008 only lo the extent required lo provide a 'lrue and fair, view. This departure has involved followin9 the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities." Stslemenl of Recommgndgd Practice effective from 1 April 2005 which has since been withdrawn. i0MM Training & Manufacturing Group meets the definit of a public benefit ents'ty under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise staled in the relevant a¢u)unting Fw)licy. 2.2 Income AJI income is recognised once the Charity has anliliement the income, li is probabl8 that the income wll be received and the amount of income reCeiVae can be measured rèliably. Grants are included in Ihe Siatemenl ol financial activities on a receivable basis. The balance of income received for specific purposes bul r1 expended during the period is shown in the relevant funds on the Balance sheel. Where income is received in advance of enlillemenl of receipt, ils recognition is deferd and induded in ¢ditI$ as deferred income. Whtrre entillemenl occurs bgfore incomg is received. the 1me is ac¢ru8d. Subscripbon income is recognised in the period in which il is receivable and lo the extent the goods have been provided or on coMplen of the serwce. 2.3 Expenditure Expenditure is recJniSe(l once there is a legal or ¢onstru¢b"vg obligation lo transfer enoMiC benefit to a third paty. it is probable that a transfer of economic benefts wll be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each acts'vity are made up ol the toial of direcl costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activty are allocated diredy lo that activity. Shared costs which contribute to more than one actiwty and support costs which are not attributable to a single activrty are appOrtned belween those ath"vities on a basis consistent with the use of resour5. ExpBnditure on charitable activities k8 incurred on directly undertaking the activities which further the Charitys objectives, as well as any associated support costs. Page 8
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Accounting policies {continued) 2.3 Expendltur• {¢ontlnu¢d) l expenditure is indusive of irrecoverable VAT. 2.4 Cash at bank and in hand Cash al bank and in hand indudes cash and short-term highly liquid investments with a short maturity ol three months or less from the dats ol acquisib.on or opening of the deposit or similar 8c¢ounl. 2.5 LSabllltl•$ and provlslons Liabilits'es are recognised vthen there is an obligation al Ihe Balance sheel dale as a result of a past event, it is probable that a transfer of economic benefrt will be required in setdement, and the amount of the settlement can be estimated reliab. Liabilities are recognised al the amount that the Charity anliopat8s il will pay lo satde the debt or the amount il has receive(l as adv8nce(I payments for the gfxxls or s8Nic8s il musl provide. 2.6 Fund a¢Gountlng Ggneral funds are unrestricted funds which are available for use al the discretion ol the Trustees in furtherance ol the general objectives ol the Charity and vthich have not been designated for other purposes. Resldcled funds are funds vthlch are lo t* used in accordance wth specmc reslricllons Imposed by donors or which have been raised by the Charity for pa'Cular purposes. The ¢osts ol rai$ing and administering such funds are charged against the specific fund. The aim and usa of aach rastricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocaied lo the appropriate fund. Income from donations and l•g•¢ies Restricted funds 2025 Total funds 2025 Grants 48.576 4B,576 Restricted funds 2024 Total funds 2024 Grants 16,650 16.650 Page 9
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 In¢om$ from ¢harftsbl• actlvltl Unrestricted funds 2025 Total funds 2025 Subscriptions- general members 19,786 19,786 Unrestricted funds 2024 Total funds 2024 Subscriptions- general members 15,836 15,836 Inv•8tm•nt Ineom• Unre¥trl¢tèd funds 2025 Total funds 2025 Bank interest 319 319 Unrestricted funds 2024 Total funds 2024 Bank interest 199 799 Analysis of expenditure by activities A¢tlvities undèrtakén dlrectly 2025 Support costs 2025 Total funds 2025 Dire¢l and support Costs 45,850 8.197 $4,047 Page 10
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Analy$l$ of •xp¢ndlture by a¢tlvltles (¢ontlnu•d} Ac1witS undertaken directly 2024 Support Gosts 2024 Total funds 2024 Direct and support costs 23,261 5.316 28,577 Analysls of dlr•ct costs Total funds 2025 Tot81 funds 2024 Awards sponsorship Arrk, printing, markeling and newsletters Stem Engagement 3,000 3,947 16,320 14,230 31,620 45,850 23,267 Analy81$ of support costs Total funds 2025 Tolal funds 2024 Officg and printing slalionary General expenses IT Soare and telephone 8ank ch8rge5 Managèmènt fees Independent Examinerfs fees 835 738 1,020 566 1,013 255 62 1,800 4,232 92 3,500 8,197 5,376 Page11
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Indop•nd•nt •xamlnor'$ rgmun•ratlon The Indend8ftt examinerfs remunerat amounts to an independent examiner fee of £3,930 {2024 - £3, 1921. Trust••s' r•mun•ratlon and •xyns•$ During the year, no Trustees received any remuneralion or other benefits (2024 - £NIL). There were no employee5 in the current or prewous period. No employee received remuneration amounting to more than £60.000 in either year. Durlng the year ended 30 June 2025, expenses totslling £NIL were feimbursed or paid directly lo Trustees. (2024 - £NIL lo Trustee). 08btors 2025 2024 Dug wlthln one y•ar Trade debtors Other debtors Prep8ymgnls and accrued income 4,775 12,306 282 3,375 8,232 47 17,363 11,654 10. Cr•dltors: Amount8 falllng due wtthln ono year 2025 2024 Trade credilors 5,110 9,164 2,577 6,657 Accruals and deferred income 14,274 9.234 Page 12
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 11. Stst•ment of funds Statement of funds - current year Balance at 30 June 2025 Balance at 1 July 2024 Income Expendlturè Unrestrlcted funds General Funds 69.599 20,105 122,4271 67.277 R•strl¢tèd funds STEM Enga9emgnl 330 48.576 131,6201 17,286 Total of funds 69.929 68.681 154,0471 84,563 ststemonl of fund$ - prlor ymr 8alence 81 30 June 2024 88lan¢e al l July 2023 Income Expendtture Unrnstrlct•d funds General Funds 65,821 16,035 (12,257) 69,599 R•8trlct•d funds STEM Engagement 16,650 (16,320) 330 Total of funds 65,821 32,685 (28,577) 69,929 RestrICt Funds STEM Engagement - The charity receives funding through Howmet for STEM engagemenl (Science, Technology, Engineering & MathematiC51. These funds are used to subcontract The STEM Workshop Ltd lo go out lo sch(K)Is or do engagement at our cenlres for children 50 they have interest in our apprents"ceships. Page 13
DoGusun Envelope ID". E2AD120C-3DAD413E-8507_F6E482C96BF9 IN4OMM TRAJNING & MANUFACTURING GROUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 12. Analy$l$ of n•t a$$¢t$ botwn fund$ Analysis of net assets between funds- current year Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Currenl assets Cred((ors due within one year 81,551 114,2741 17.286 98,837 114,274} Total 87,277 17.286 84,563 Analy$l$ of n•t a$$et$ between lund$- prlor year Unrostricled fvnds 2024 R8strict8d funds 2024 Tolal funds 2024 Current assets Crgdilors due wthin one 78,833 (9.234) 330 79,163 f9,234J Total 69,599 330 69,929 13. R•lat•d party transactlons In-comm Training & Busi$ Semcgs Ltd IITABI, In-comm IHddingsl Limited and Marches Cgnlrg of Manufacturing & Technology operate within the same group as In-comm Training & Manufacturing Group IITMGI, they also share Gareth Jones as a directorllrustee. ITAB and In-comm (Holdings) Limited also share Colin Mills as a directorllrustee. During the year £599 12024.. £3,875) was received from ITAB in relatn lo membership subscriptions paid lo them on behalf of ITMG and £1.74612024= £NILI was paid lo them. During the year £NIL12024". £2631 was re¢eived from Mar¢hes Centre of Manufacturing & Technology in relation to membership subscriptions and paid to them on behalf of ITMG and £1,44012024.' £9,114) was paid to them. Al the balance sheet date, the amount owed from ITAB was £10,75612024.. £6,375), In-comm (Holdings) Limited was £1,050 12024.. £1,050), and Marche5 Centre of Manufacluring & Technology £SOO 12024.. £8071. Page 14