| Page | |||
|---|---|---|---|
| Trustees' | report | 1—5 | |
| Statement | ofTrustees' | responsibilities | |
| Independent Auditors' |
report | 7—8 | |
| Statement | offinancial | activities | |
| Statement | offinancial | position | 10 |
| Statement | ofcash flows | ||
| Notes to the financial | statements | 12-17 |
| Notes | 2020 | 2019 | |||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| Courses | 232,353 | 158,702 | |||
| Total income | 232,353 | 158,702 | |||
| Expenditure on: |
|||||
| Publicity and promotion | 13,095 | 15,024 | |||
| Charitable activities |
|||||
| Courses | 197,902 | 147,963 | |||
| Total expenditure | 210,997 | 162,987 | |||
| Net movement | in funds | 21,356 | (4,285) | ||
| Fund balances | at 1 January | 2020 | 20,905 | 25,190 | |
| Fund balances | at 31 December 2020 | 42,261 | 20,905 |
| Notes | 2020 | 2019 | |||
|---|---|---|---|---|---|
| Current Assets | |||||
| Debtors | 6,250 | 6,055 | |||
| Cash at bank | and | in hand | 146,480 | 106,220 | |
| 152,730 | 112,275 | ||||
| Creditors: | |||||
| Amounts falling due within one year |
(110,469) | (91,370) | |||
| Net current assets | 42,261 | 20,905 | |||
| Net Assets | 42,261 | 20,905 | |||
| Income Funds | |||||
| Unrestricted | funds | 42,261 | 20,905 | ||
| Total Funds | 42,261 | 20,905 |
| Note | 2020 | 2019 | |||
|---|---|---|---|---|---|
| Cash generated/used operating activities |
in | A | 40,260 | (6,691) | |
| Increase/(Decrease) and cash equivalents |
in cash | 40,260 | (6,691) | ||
| Cash and cash equivalents the beginning ofthe year |
at | 106,220 | 112,911 | ||
| Total cash and cash | |||||
| equivalents at the end ofthe |
146,480 | 106,220 | |||
| year |
| onciliation of net, |
movement in funds to net |
cash flow from | operating a |
|---|---|---|---|
| 2020 | 2019 | ||
| Net Income/Expenditure | 21,356 | (4,285) | |
| Increase/(Decrease) | in debtors | (195) | 2,098 |
| Increase/(Decrease) | in creditors | 19,099 | (4,504) |
| Net inflow/(outflow) | cash flow from operating | 40,260 | (6,691) |
| activities |
| onciliation of net cash flow to move |
ment in net funds |
|
|---|---|---|
| 2020 | 2019 | |
| Balance at 1 Jan 2020 | 106,220 | 112,911 |
| Net cash outflow/inflow | 40,260 | (6,691) |
| Balance at 31 Dec 2020 | 146,480 | 106,220 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Distance | Learning | courses | 232,353 | 158,702 |
| 232,353 | 158,702 |
| Activities | Support | Total | |||
|---|---|---|---|---|---|
| undertaken | costs | ||||
| directly | |||||
| Distance | Learning | courses | 100,917 | 96,985 | 197,902 |
| 100,917 | 96,985 | 197,902 |
| Support f |
Governance E |
Total 2020 f |
2019 | Basis | |||
|---|---|---|---|---|---|---|---|
| Office costs | (inc. | 5,781 | 1,927 | 7,708 | 11,996 | Allocated | on |
| Rent) | time | ||||||
| Human resources |
65,629 | 22,185 | 87,814 | 63,397 | Allocated | on | |
| (inc. pension) | time | ||||||
| Information | Support | ||||||
| technology | |||||||
| Other (inc | 363 | 363 | 993 | Support | |||
| irrecoverable | VAT) | ||||||
| Audit 8 Tax fees | 1,100 | 1,100 | 1,000 | Governance | |||
| Total | 71,773 | 25,212 | 96,985 | 77,386 |
| 2020 | 2019 | ||
|---|---|---|---|
| Auditor's | remuneration | 1,100 | 1,000 |
| Support | costs | 24,112 | 14,340 |
| 25,212 | 15,340 |
| ir aggregate remuneration compri |
sed: | |
|---|---|---|
| 2020 | 2019 | |
| Wages and salaries | 74,420 | 51,885 |
| Social security costs | 5,184 | 5,170 |
| Pension costs | 8,210 | 6,342 |
| 87,814 | 63,397 |
| 2020 | 2019 | |
|---|---|---|
| Trade debtors | 4,245 | 2,610 |
| Pre-payments | 2,005 | 3,445 |
| 6,250 | 6,055 |
| 2020 | 2019 | |
|---|---|---|
| Accruals | 110,469 | 91,370 |
| 110,469 | 91,370 |