2021-03-31-accounts

		Page
Trustees' report		1-5
Statement oftrustees'	responsibilities
independent auditor's	report	7-9
Statement offinancial	activities	10
Balance sheet
Statement ofcash flows		12
Notes to the financial	statements	13-22

				Unrestricted	Total
				funds
				2021	2020
			Notes	f
	d	0
Donations and legacies			3	66,800	353,969
Charitable activities			4	178,959	948,554
Investments			5	221	934
Other Income			6	13,454
Total income				259,434	1,303,457
Ezugtttiihraun;
Charitable activities			7	589,616	1,407,021
Net expenditure		for the year/
Net movement	in funds			(330,182)	(103,564)
Fund balances	at	1 April 2020		(798,980)	(695,416)
Fund balances	at 31 March 2021			(1,129,162)	(798,980)

				2021	2020
			Notes	6	8
Fixed assets
Tangible assets			10	15,404		5,127
Current assets
Debtors				15,031	18,235
Cash at bank	and in	hand		799,684	596,952
				814,715	615,187
Creditors: amounts		falling due within
one year			13	(1,959,281)	(1,419,294)
Net current liabilities				(1,144,566)		(804,107)
Total assets	less current liabilities			(1,129,162)		(798,980)
Income funds
Unrestricted	funds			(1,129,162)		(798,980)
				(1,129,162)		(798,980)

					2021		2020
				Notes
Cash flows from operating		activities
Cash absorbed by operations				21		(247,038)		(22,533)
Investing activities
Purchase oftangible fixed	assets				(12,451)		(5,446)
Interest received					221		934
Net cash used In investing		activities				(12,230)		(4,512)
Financing activities
Increase of borrowings					462,000
Net cash generated from/(used			in)
financin activities						462,000
Net Increase/(decrease)	In	cash	and cash
equivalents						202,732		(27,045)
Cash and cash equivalents		at beginning		ofyear		596,952		623,998
Cash and cash equivalents		at end ofyear				799,684		596,952

			2021	2020
			5	6
Student	tuition and accommodation	fees	1,849	793,436
Induction	and field trip income			62,512
Rental Income from flats and dormitories			174,796	85,380
Other Income			2,314	7,226
			178,959	948,554

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
		5
Investment	income		934

Unrestricted	Unrestricted
funds	funds
2021 5	2020 f
13,454

				Charitable	Charitable
				Expenditure Expenditure
				2021	2020
				8	5
Staff costs				441,841	750,010
Depreciation	and		impairment	2,174	3,097
Insurance				27,609	26,037
Light and heat				79,315	87,173
Equipment				8,705	34,076
Stationery				558	6,349
Staff subsistence			and student	2,005	22,985
Induction and		field trip		(730)	198,921
Student activities				7,377	62,612
College service charge				(13,595)	154,811
Maintenance	costs			24,500	42,938
Transport and		air	travel	3,672	9,585
Other teaching		and lecture cos		(182)	1,609
Bank charges				367	818
Audit and non		audit services		6,000	6,000
				589,616	1,407,021
				589,616	1,407,021

	2021	2020
	Number	Number
Support
Domestic
Teaching
Total	18	18

9	Employees					(Continued)
	Employment costs				2021	2020
					6	6
	Wages and salaries				392,455	696,283
	Social security costs				25,241	29,691
	Other pension costs				24,145	24,036
					441,841	750,010
	There were no employees whose annual		remuneration	was 560,000 or more.
10	Tangible fixed assets
				Flxturaa and	Isotor vehtclaa	Total
				llttlnga
				5	6
	Cost
	At 1 April 2020			559,796	78,516	638,312
	Additions			12,451		12,451
	Disposals				(5,407)	(5,407)
	At 31 March 2021			572,247	73,109	645,356
	Depreciation and impairment
	At 1 April 2020			554,669	78,516	633,185
	Depredation charged	in the year		2,174		2,174
	Eliminated in respect ofdisposals				(5,407)	(5,407)
	At 31 March 2021			556,843	73,109	629,952
	Carrying amount
	At 31 March 2021			15,404		15,404
	At 31 March 2020			5,127		5,127
11	Debtors
					2021	2020
	Amounts falling due	within one year:			6	6
	Trade debtors				1,236	2,095
	Prepayments and accrued income				13,795	16,140
					15,031	18,235

			2021	2020
			5	5
Loan from Teikyo University			462,000
Payable	within one year		462,000
Payable	afier one year
Creditors: amounts		falling due within one year
			2021	2020
			5
Loan from Teikyo University			462,000
Trade creditors			17,486	28,729
Amount	due to Teikyo	University	50,609	50,609
Other creditors			1,423,186	1,193,816
Accruals	and deferred	income	6,000	146,140
			1,959,281	1,419,294

Analy	sts ofchan	ges in net funds
			At1Apr82020	Cash RcwsAt 31 March 2021 f' f
Cash	at bank and	in hand	596,952	202,732	799,684
Loans	falling due	within one year		(462,000)	(462,000)
			596,952	(259,268)	337,684

21	Cash generated from operations	Cash generated from operations				2021 6	2020f
	Deficit for the year					(330,182)	(103,564)
	Adjustments for:
	Investment income	recognised in statement		offinancial	activities	(221)	(934)
	Depreciation and impairment oftangible		fixed assets			2,174	3,097
	Movements in working capital:
	Decrease in debtors					3,204	116,664
	Increase/(decrease)	In creditors				77,987	(37,796)
	Cash absorbed by	operations				(247,038)	(22,533)