2021-07-31-accounts - North Humberside Motor Trades Group Training Association

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						2021	2020
				Unrestricted	Rlntrlcted	Total	Total
				funds	fund	funds	funds
			Ntnes	6	6	6	5
INCOME AND ENDOWMENTS FROM
Donations and legades							(600)
Charhahle acthdges
Prmdslon ofindustrial	malar	training		409,118			377,533
Investment income				24,998		24,998	31,250
Other Income				17,622		17.622	33,547
Total				451,736		451,738	441,730
ERFENMTURE ON
CharNehle acthdRm
Provision ofIndustrial	motor	training		415,139		415,139	5M,145
NET INCOME/(EEPENDITURE)				36,599		36.599	(59,415)
RKONCIUATION OFRINDS
Total funds hrought Rmvard				624,166		SN,166	683,5S1
TOTAL FUND5 CAIIIIIED FORWARD				660,765			824,166
CONTINUINR OPERAIIONS
AE inwme and mumnditure		has arisen from continuing	artlvNes.

								2021	2020
					Unrestricted		Restricted	Total	Total
						funds	fund	funds	funds
				Notes		E	6	E	6
FIXEDASSEIS
Tangible assets				13	1,018,592			1,018,592	1,026,780
CURRENTASSETS
Debtors				14		47,637		47,637
Cash at bank and in hand						71,063		71,063	70,457
						118,700		118,700	116,100
CREDITORS
Amounts faglng due within one		year		15		(83,404)		(83,404)	(107,282)
NET CURRENTASSEfS						35,296		35,296	8,818
TOTAL ASSETSLESSCURRENT UAGRfRES					1,053,888			1,053,888	1,035,596
CREDITORS
Amounts faElng due altar	more	than one year		16	(193,123)			(193,123)	(211,4321
						860,765		860,765	824,166
FUNDS				20
Unrestricted funds;
General fund								860,765	824,166
								860,765	824,166
The financial statements weresignedonIts	were	approved	by the Board of		Trustees	end authorised	for Issue on „,.„,....,.g....		Zj.Wd)

					2021	2020
				Notes	E	E
Cash ffows from operating	actlvlths
Cash generated from operations Interest paid					35,718 (9,540)	(9,360) [9,016)
Interest element ofgnance	lease payments			paid	(374)	(374)
Net cash provided by/(used	inl operating		actMties		25,804	[18,750)
Cash fhnvs from investing	activities
Purchase oftangible fixed assets					(342)
Net cash used in investing	activities				(342)	(300)
Cash flows from financing	acffvltles
New loans In year						60,000
Loan repayments in year					(22,808)	(8,773)
Capital repayments In year					(2,048)	(2,048)
Net cash (used In)/provided	by financing		activities		(24,856)	49,179
Change in tach and Caeb equbralenm		ln Iha
repowlng period						30,129
Cash and cash equivalents	atthe beginning			of
the reporting period					70/L57	40,328
Cash and nash equtvalents	stthe end	ofthe
repowlng pedod					71,063	70,457

RECONCIUATION O	F NET I	NCOME/(EXPENDITURE) TO NET CASH FEOW F	RO	M OPERATIN	G ACTIVfflES
					2021	2020
						E
Net Income/(mmendhure)		for the reporting period (asporthe statement	oi
Flnandal Amlvltles)					36,599	(59,415)
Ad)ustmenm fon
Depreclatlan charges					8,530	9,445
Interest paid					9,540	9,016
Interest element ofhire purchase and finance lease rental pay'ments					374	374
(Increase)/decrease	In debtors				(1,994)	20,557
(Decrease)/increase	In creditors				(17,331)	10,663
Net cash prcnd dad by/(used		In) operations			35,718	(9,360)
ANALTSIS OF CHANGES IN		NET DEBT
			At	1/8/20	Cash Eow	At31/7/21
				E	E	E
Net cash
Cash at bank and in hand				70/I57		71,063
				70,457		71,063
Debt
Finance leases				(2,901)	2,048	(853)
Debts fa ging due within 1year				(72,788)	5,352	(67,436)
Debts faglng due alter 1year			(210,579)		17,456	(193,123)
			(286,268)		24,856	(261r412 )
Total			(215,811)		25,462	(190,349)

The average	monthly number ofemployees
		2021	2020
Training and	assessment	10	11
Management	and administration	2	2
		12


11.	COMPARAIIUESFORTHESTATEMENT		OFFINANCIALACTRHIIES
				Unrestricted	Restricted	Total
				funds	fund	funds
				6	6	6
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies			l600)		(600)
	Charitable activities
	Provision ofindustdial motor training			377,533		377,533
	Investment Income			31,250		31,250
	Other Income			33,547		33,547
	Total			441,730		441,730
	EXPENDITURE ON
	Charitable acgvMes
	Pnwlslon ofindustrial motor training			501,145		501,145
	NET INCOME/(EXPENDITURE)			(59,415)		(59,415)
	RECONCILIATION OF FUNDS
	Tata lfunds brought forward			883,581		883,581
	TOTAL FUNDS CARRIED FORWARD			824,166		824,166
12.	INDEPENDENT EXAMINATION	FEES
	Fees paid tothe Independent	examiner	are asfollows:
	Fees charged in respect of:				2021	2020
	Independent examination ofthe financial statements				1,800	1,600
	Pmparation cfthe fina ndal statements				3,50D	2,870
	Other accountancy services				0	0
	Payrog services				1,553	1,020
					6,853	5,490

TANGIBLE Figgb AMETS
		Fixtures
	Freehold	and	Motor	Computer
	property 6	fittings f	vehicles 6	equipment 6	Totals
COST
At1August 2020	1,000,000	57,257	4,980	85,596	1,147,833
Additions		110		232	342
At 31July 2021	1,000,000	57,367	4,980	85,828	1,148,175
DEPRECIAIION
At 1August Z020		40,675	1,660	78,718	121,053
Chargeforyear		4,474	498	3,558	8,530
At 31July 2021		45,149	2,158	82,276	129,583
NET BOOK VAUJE
At 31iuly 2021	1,000,000	12,218	2,822	3,552	1,018,592
At31July 2020	1,000,000	16,582	3,320	6,878	1,026,780

			2021	2020
			6	6
Trade debtors			17,941	15,912
Amounts due from GTA	Education		23,449	Z3,449
Prapayments			6,247	6,282
			47,637	45,643
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2021	2020
			E	6
Bank loans and overdrafts		(see note 17)	67,436	72,788
Finance leases (see note	18)		853	2,048
Trade creditors			17
Taxatlon and social security			Sr467	11,902
Other creditors			6,631	20,544
			83,404	107,282

18.	CREOITORSr AMOUNTS	CREOITORSr AMOUNTS	FAILING DUE AFTER MORE THAN ONE YEAR
				2021		2020
						6
	Bank loans	(see note 17)		193,123		210,579
	Finance leases (see note		18)			853
				193,123		211,432
17.	LOANS
	An analysis	ufthe maturity ofloans Isgiven below:
				2021		2020
				f.		E
	Amounts faElng due within one year on demand:
	Bankloans			17,436		12,788
	CBIloan			50,000		60,000
				67.436		72,78S
	Amounts fsglng between		one snd two yesrsr
	Bank loans	- 1-2 years		18,049		13,362
	Amounts faglng due between two and five years:
	Bank loans	- 2-5 years		58,042		43,870
	Amounts faElng due in more than five years:
	Repayable	by Instalments:
	Bank loans	more 5yr by instal		117,032		153,347
	The bank loan was entered Into In2015with the purpose ofBnanclng capital alterations tothe Investment				properly.

18.	LEASING AGREE	INENTS
	Minimum lease	payments	under finance leases fall due	as follows:
							Finance	leases
							2021	2020
							E	6
	Gross obggetlons	repayable:
	Within one year							2,422
	Between one and five years							1,009
							1,009	3/ISL
	Finance charges	repayable:
	Within one year						156	374
	Between one and five years							156
							156	530
	Net obggations	repayable:
	Within one year						853
	Between one and five yearn
								2,901
19.	SECURED DEBTS
	The following secured debts are included within creditors:
							2021	2020
							6	6
	Bankloans						260,559	283,367
	Finance leases						053	2,901
							261,412	286,268
	The bank loan Issecured		by way ofa legal charge over	the charity's	property.
	The finance lease liabglty		ls secured onthe underlying	assets.
20.	MOVEMENT IN	FUNDS
							Net
							movement	At
						At 1/8/20	In funds	32/7/21
						5	6	6
	Unrestrldad funds
	General fund					824,166	36,599	860,765
	TOTAL FUNDS					824,166	36,599	860,765

						Incoming	Resources	Movement
						resources	expended	In funds
						f	6	6
Unrestricted	funds
General fund						451,738	(415,139)	36,599
TOTAL FUNDS						451,738	(415,139)	36,599
ComparaRves		formovement	In funds
							Net
							movement	At
						At 1/8/19	In funds	32/7/20
						5	f	6
Unrwnrlcted	funds
General fund						883,501	(59,415)	824,166
TOTAL FUNDS						883,581	(59,415)	824,166
Comparative	net movement		in funds, included	inthe above are asfollows:
						Incoming	Resources	Movement
						resources	expended	in funds
						6	6	6
Unrestricted	funds
General fund						441,730	(501,145)	(59,415)
TOTAL FUNDS						441,730	(501,145)	(59,415)
4current year		12months and prior year 12months combined			position Is as	follows:
							Net
							movement
						At 1/8/19	in funds	31/7/21
						6	6
Unrestricted	funds
General fund						883,581	(22,816)	860,765
TOTAL FUNDS						883,581	(22,816)	860,765

4current yea	r 12months and prior year 12mon	ths combined net movement In funds, Incl	uded in the above	are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestrhted	funds
General fund		893,468	(916,284)	(22,816)
TOTAL FUNDS		893,468	(916,284)	(22,816)

					2021	2020
					6	E
INCOME AND	ENDOWMENTS
Donations and	legades
Suhscriptions						(600)
Inveslment Income
Rents received					24,998	31,250
Charitable activities
Govemmentfundlng					283,173	271,872
Pdrvate contracts					125,945	105,661
					409,118	377,533
Other Income
Other income					17,622	33,547
Total Incoming	resources				451,738	441,730
EXPENDITURE
Charltahle activities
Wages					198,237	247,432
Social security					12,112	19,998
Pensions					4,092	5,490
Course, examination			and registration	fees	16,661	37,341
Trainee Incentives		and awards			845	304
Management charge					19,664	18,940
					251,611	329,505
Support costs
Management
Wages					75,475	75,573
Social security					9,467	8,332
Pensions and	health		insurance		1,741	1,732
					86,683	85,637
Finance
Bank charges					481	486
Bank loan interest					9,540	9,016
Hire purchase					374	374
					10,395	9,876
Other
Administration	costs				29,919	32,326
Estahgshment	costs				15,679	21,352
Carried forward					45,598	53,678

		2021 .	2020
		6	E
Otller
Brought forward		45,598	53,678
Depredation	eftangible fixed assets	S,530	Sr445
Rexemance costs
Wages		3,972	3,978
Social security		498	439
Pensions		92	91
Legal fees		405	2,245
Bookkeeping	fees	502	47S
Independent	Examiner fees	6,853	5,776
		12,322
Total resources	expended	415,139	501,145
Net inannnf(axpandgumf		36599	(59,425)