2022-07-31-accounts - Derwent Training Association

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							2022	2021
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes		E		E
INCOME AND ENDOWMENTS			FROM
ChaFitable	activities
Education	and training				758,822		758,822	702,560
Investment	income			2	1,053		1,053	74
Total					759,875		759,875	702,634
EXPENDITURE ON
Charitable	activities
Education	and training				685,064		685,064	624,712
NET INCOME					74,811		74,811	77,922
RECONCILIATION OF FUNDS
Total funds	brought	forward			741,019		741,019	663,097
TOTAL FUNDS CARRIED FORWARD					815,830		815,830	741,019

		2022	2021
	Notes	E	E
FIXED ASSETS
Tangible assets		744,137	741,142
CURRENT ASSETS
Debtors		81,270	88,902
Cash at bank and in hand		~319971	282,792
		401,241	371,694
CREDITORS
Amounts falling due within one year	13	(67,464)	(40,592)
NET CURRENT ASSETS		333,777	331,102
TOTAL ASSETS LESS CURRENT LIABILITIES		1,077,914	1,072,244
CREDITORS
Amounts falling due after more than one
year	14	(262,084)	(331,225)
NET ASSETS		815,830	741,019
FUNDS	19
Unrestficted funds		815,830	741,019
TOTALFUNDS		~815830	741,019

					2022	2021
				Notes		8
Cash flows from operating		activities
Cash generated from operations				I	154,757	136,480
Interest paid					~18,988	~20,012
Net cash provided by operating activities					135,769	116,468
Cash flows from invesRng	activities
Purchase oftangible fixed		assets			(38,463)	(5,367)
Interest received					1,053	74
Net cash used in investing		activities			~37,410)	~5,293)
Cash flows from financing	activIRes
New loans in year Loan repayments in year					~61,180	50,000 ~5,422
Net cash (used in)/provided		by financing		activities	~61,180)	44,578
Change in cash and cash		equivalents	in
the reporting period					37,179	155,753
Cash and cash equivalents		at the
beginning ofthe reporting		pedod			282,792	127,039
Cash and cash equivalents		at the end	of
the reporting period					319,971	282,792

RECONCILIATION OF NET INCOME TO NET CASH	RECONCILIATION OF NET INCOME TO NET CASH	RECONCILIATION OF NET INCOME TO NET CASH	FLOW FROM OPERATING	ACTIVITIES
				2022	2021
				E	E
Net income for the	reporting	period (as per the	Statement of
Financial Activities)				74,811	77,922
Adjustments for.
Depreciation charges				35,468	31,998
Interest received				(1,053)	(74)
Interest paid				18,988	20,012
Decrease in debtors				7,632	5,801
Increase in creditors				18,911	821
Net cash provided	by operations			154,757	136,480

ANALYSIS OF CHANGES	IN NET (DEBT)/FUNDS
		At 1.8.21	Cash flow	At 31.7.22
			E	E
Net cash
Cash at bank and in hand		282,792	37,179	319,971
		282,792	37,179	319,971
Debt
Debts falling due within	1 year	(6.000)	(7,961)	[13,961)
Debts falling due after	1 year	~331,225	69,141	(262,084)
		~337,225	61,180	~276,045
Total		54,433	98,359	43,926

recorded at transaction pri	ce. Any losses arising are recognised in	the statement offinancia	l activities.
INVESTMENT INCOME		2022	2021
		8
Deposit account interest		1,053	74
INCOME FROM CHARITABLE	ACTIVITIES	2022	2021
Training fees Employer contributions Miscellaneous income	Activiiy Education and training Education and training Education and training	8 746,277 7,252 5,293	E 698,463 3,708 389
		758,822	702,560
CHARITABLE ACTIVITIES COSTS
		2022	2021
Direct costs (see note 5) Support costs (see note 6)		678,258 6,806	618,220 6,492
		685,064	624,712

	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES	DIRECT COSTS OF CHARITABLE ACTIVITIES
							2022	2021
							S	S
	Staff costs						404.920	424.607
	Waterrates						339	137
	Insurance						8,994	9,837
	Light and heat						8,838	7,826
	Telephone						5,373	6,166
	Stationery, printing	and postage					7,420	5,757
	Advertising						15,759	2,853
	Sundries						9,743	4,418
	Workshop tools, consumables			and training		materials	24,127	11,984
	Registration fees						62,128	15,238
	Equipment leasing						6,854	6,854
	Motor vehicle leasing						2,236	3,528
	Travelling expenses						5,075	1,672
	Repairs and renewals						7,369	9,231
	Computer expenses						19,538	20,051
	Professional fees						8,422	13,197
	Staff training						11,886	9,231
	Staff recruitment						608	212
	Licences and subscriptions						4,772	5,109
	Clothing costs						605	76
	Cleaning expenses						2,565	745
	Bookkeeping						6,231	7,481
	Depreciation						35,468	31,998
	Interest payable and similar charges						18,988	20,012
							678,258	618,220
6.	SBFFORTCOSTS
							2022	2021
							S	E
	Auditors' remuneration						5,640	5,430
	Auditors' remuneration		for non-audit		work		1,166	1,152
							6,806	6,492

Net inco	me/(expenditur	e) is stated after charging/(crediting):
			2022	2021
			R	R
Auditors'	remuneration		5,640	5,340
Auditors'	remuneration	for non audit work	1,166	1,152
Depreciation —owned		assets	35,468	31,998

There were 31 July 2021.	no trust	ees' expenses paid f	or the year ended 31 July2022	nor for the	year ende
STAFF COSTS
				2022	2021
				R	R
Wages and salaries				368,601	386,483
Social security	costs			27,340	28,871
Other pension	costs			8.979	9,253
				404,920	424,607
The average	monthly	number ofemployees	during the year was as follows:
				2022	2021
Charitable activities				11	12

	The cost of key management penonnel for the ye	The cost of key management penonnel for the ye	The cost of key management penonnel for the ye	ar 2022 —R1	36,084.
10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
					Unrestricted	Restricted	Total
					fund	funds	funds
					R		R
	INCOME AND ENDOWMENTS		FROM
	Charitable	activities
	Education	and training			702,560		702,560
	Investment	income			74		74
	Total				702,634		702,634
	EXPENDITURE ON
	Charitable	activities
	Education	and training			624,712		624,712

10.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	- continued
					Unrestricted	Restricted	Total
					fund	funds	funds
					E	E	8
					77,922		77,922
	RECONCILIATION	OF FUNDS
	Total funds brought		forward		663,097		663,097
	TOTAL FUNDS CARRIED FORWARD				741,019		741,019
11.	TANGIBLE FIXED ASSETS
					Fixtures
			Freehold	Plant and	and	Computer
			property	machinery	fittings	equipment	Totals
			E	E	E	E
	COST
	At I August 2021		745,000	420,242	134,183	190,511	1,489,936
	Additions			35,719	1,070	1,674	38,463
	At 31 July 2022		745,000	455.961	135,253	192,185	1,528,399
	DEPRECIATION
	At I August 2021		74,500	381,473	108,955	183,866	748,794
	Charge foryear		14,900	10,715	3,797	6,056	35,468
	At 31 July 2022		89,400	392,188	112,752	189,922	784,262
	NET BOOK VALUE
	At 31 July 2022		655,600	63,773	22,501	2,263	744,137
	At 31 July 2021		670,500	38,769	25,228	6,645	741,142

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE	YEAR
	2022	2021
	E	E
Trade debtors	51,684	66,463
Prepayments	29.586	22,439
	81,270	88,902

13.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
					2022	2021
						8
	Bank loans (see note	15)			13,961	6,000
	Trade creditors				32,184	14,080
	Social security and other taxes				8,615	8,016
	Other creditots				2,480	2.438
	Accruals and deferred income				10,224	10,058
					67,464	40,592
14.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE			YEAR
					2022	2021
						8
	Bank loans (see note	15)			262,084	331,225
1$.	LOANS
	An analysis ofthe maturity		of loans is given below:
					2022	2021
					8	8
	Amounts falling due within		one year on demand:
	Bank loan				13,961	6,000
	Amounts falling between one and two years:
	Bank loan				14,538	7,000
	Amounts falling due between two and five yean:
	Bank loan				39,271	21,000
	Amounts falling due in	more than five years:
	Repayable by instalm ents:
	Bank loan				208,275	303,225
16.	LEASING AGREEMENTS
	Minimum lease payments		under non-cancellable	operating	leases fall due as follows:
					2022	2021
					E
	Within one year				6,802	5,289
	Between one and live	years			13,183	7,250
					19,985	12,539

		2022	2021
		E
Bank	loans	276,045	337,225

ANALYSI	S O	F NET ASSETS BETWEEN	FUNDS
					2022	2021
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
				E
Fixed assets			744,137		744,137	741,142
Current	assets		401,241		401,241	371,694
Current	liabilities		(67,464)		(67,464)	(40,592)
Long term liabilities			{262,084)		(262,084)	(331,225)
			815,830		815,830	741,019
MOVEMENT		IN FUNDS
					Net
					movement	At
				At 1.8.21	in funds	31,7.22
				E
Unrestricted		funds
General	fund			741,019	74,811	815,830
TOTALFUNDS				741,019	74,811	815,830

Net mov	eme	nt in funds, included in the	above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted		funds
General	fund		759,875	(685,064)	74,81 I
TOTAL FUNDS			759,875	(685,064)	74,811

			Net
			movement	At
		At 1.8.20	in funds	31.7.21
			8	8
Unrestricted	funds
General fund		663,097	77,922	741,019
TOTAL FUNDS		663,097	77,922	741,019

Compara	tive	net movement in funds, in	cluded in the above are as follows	:
			Incoming	Resources	Movement
			resources	expended	in funds
			8	8	8
Unrestricted		funds
General	fund		702,634	(624,712)	77,922
'TOTAL FUNDS			702,634	(624,712)	77,922

A current	y	ear 12months and prior year	12months combined position is as	follows:
				Net
				movement	At
			At 1.8.20	in funds	31.7.22
			8	K	S
Unrestricted		funds
General	fund		663,097	152,733	815,830
TOTAL FUNDS			663,097	I52,733	815,830

above are	as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
			8	E
Unrestricted	funds
General fund		1,462,509	(1,309,776)	152,733
TOTAL FUNDS		1,462,509	(1,309,776)	152,733