| Page | |||
|---|---|---|---|
| Trustees' | report | 1—5 | |
| Statement | ofTrustees' | responsibilities | |
| Independent Auditors' |
report | 7—8 | |
| Statement | offinancial | activities | |
| Baiance Sheet | 10 | ||
| Statement | ofcash flows | ||
| Notes to | the financial | statements | 12-17 |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| funds | funds | |||||
| F | E | |||||
| Courses | 137,159 | 183,557 | ||||
| Total income | 137,159 | 183,557 | ||||
| Expenditure | on: | |||||
| Publicity and |
promotion | 14,583 | 15,143 | |||
| Charitable activities |
||||||
| Courses | 108,910 | 137,425 | ||||
| Total expenditure | 123,493 | 152,568 | ||||
| Net movement | in funds | 13,666 | 30,989 | |||
| Fund balances | at 1 January | 2022 | 73,250 | 42,261 | ||
| Fund balances | at 31 December 2022 | 86,916 | 73,250 |
| Notes | 2022 | ||||
|---|---|---|---|---|---|
| Current Assets | |||||
| Debtors | 10,816 | 8,662 | |||
| Cash at bank | and | in hand | 222,423 | 192,484 | |
| 233,239 | 201,146 | ||||
| Creditors: | |||||
| Amounts falling due within one year |
(146,323) | (127,896) | |||
| Net current assets | 86,916 | 73,250 | |||
| Net Assets | 86,916 | 73,250 | |||
| income Funds | |||||
| Unrestricted | funds | 86,916 | 73,250 | ||
| Total Funds | 86,9'l6 | 73,250 |
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Cash generated/used operating activities |
in | 29,939 | 46,004 | ||
| Increase/(Decrease) and cash equivalents |
in cash | 29,939 | 46,004 | ||
| Cash and cash equivalents the beginning ofthe year |
at | 192,484 | 146,480 | ||
| Total cash and cash | |||||
| equivalents at the end ofthe |
222,423 | 192,484 | |||
| year |
| conciliation of net |
movement in funds to net |
cash flow from | operating a |
|---|---|---|---|
| 2022 | 2021 | ||
| F | |||
| Net Income/Expenditure | 13,666 | 30,989 | |
| Increase/(Decrease) | in debtors | (2,154) | (2,412) |
| Increase/(Decrease) | in creditors | 18,427 | 17,427 |
| Net inflow/(outflow) | cash flow from operating | 29,939 | 46,004 |
| activities |
| onciliation of net cash flow to move |
ment in net funds |
|
|---|---|---|
| 2022 | 2021 | |
| Balance at 1 Jan 2022 | 192,484 | 146,480 |
| Net cash outflow/inflow | 29,939 | 46,004 |
| Balance at 31 Dec 2022 | 222,423 | 192,484 |
| rom char | itable ac |
tivities | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Distance | Learning | courses | 137,159 | 183,557 |
| 137,159 | 183,557 |
| Activities | Support | Total | |||
|---|---|---|---|---|---|
| undertaken | costs | ||||
| directly | |||||
| Distance | Learning | courses | 65,741 | 43,169 | 108,910 |
| 65,741 | 43,169 | 108,910 |
| Support | Governance | Total 2022 | 2021 | Basis | ||
|---|---|---|---|---|---|---|
| E | F | F | ||||
| Office costs (inc. | 2,649 | 826 | 3,475 | 3,780 | Allocated | on |
| Rent) | time | |||||
| Human resources |
32,678 | 5,916 | 38,594 | 50,756 | Allocated | on |
| (inc. pension) | time | |||||
| Audit 8 Tax fees | 1,100 | 1,100 | 1,100 | Governance | ||
| Total | 35,327 | 7,842 | 43,169 | 55,741 |
| Governance costs |
||
|---|---|---|
| 2022 | 2021 | |
| Office Costs | 826 | 945 |
| Human Resources |
5,916 | 12,827 |
| Audit 8,Tax Fees | 1,100 | 1,100 |
| 7,842 | 14,872 |
| ir aggregate remuneration compri |
sed: | |
|---|---|---|
| 2022 | 2021 | |
| Wages and salaries | 32,857 | 43,598 |
| Social security costs | 2,609 | 3,240 |
| Pension costs | 3,128 | 3,918 |
| 38,594 | 50,756 |
| 2022 | 2021 | |
|---|---|---|
| Trade debtors | 9,711 | 7,177 |
| Pre-payments | 1,105 | 1,485 |
| 10,816 | 8,662 |
| 2022 | 2021 | |
|---|---|---|
| Accruals | 146,323 | 127,896 |
| 146,323 | 127,896 |