## ## ## ## |||Page| |---|---|---| |Trustees'
report||1 - 11| |Statement
ofTrustees'|responsibilities|12| |Independent
auditor's|report|13-15| |Statement
offinancial|activities|16-17| |Balance sheet||18| |Statement
ofcash flows||19| |Notes to the financial|statements|20- 33| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Current financial year|Current financial year|Current financial year|||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds||| |||||2020|2020|2020|2019| ||||Notes|E|f|E|E| |kamniMm;|||||||| |Grants and donations||||94,000|2,937|96,937|| |Charitable
activities||||1,028,187|254,288|1,282,475|2,418,996| |Other trading
activities||||4,820||4,820|9,100| |Investments||||10,388||10,388|5,687| |Total income||||1,137,395|257,225|1,394,620|2,433,783| |Total resources|expended|||924,231|257,225|1,181,456|2,400,368| |Net gains/(losses)||on investments||(18,311)||(18,311)|3,445| |Net movement|in|funds||194,853||194,853|36,860| |Fund balances|at 1 September 2019|||1,205,670||1,205,670|1,168,810| |Fund balances|at|31August 2020||1,400,523||1,400,523|1,205,670| ## ## ## ## |Prior financial|year|year||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|| |||||2019|2019|2019| ||||Notes|f.||E| |Lnnmi~~fr
m:||||||| |Charitable
activities||||2,180,395|238,601|2,418,996| |Other trading
activities||||9,100||9,100| |Investments||||5,687||5,687| |Total income||||2,195,182|238,601|2,433,783| |Total resources|expended|||2,161,767|238,601|2,400,368| |Net gains/(losses)||on investments||3,445||3,445| |Net movement|in|funds||36,860||36,860| |Fund balances|at 1 September 2018|||1,168,810||1,168,810| |Fund balances|at|31August 2019||1,205,670||1,205,670| ## ## ## |||||2020||2019|| |---|---|---|---|---|---|---|---| ||||Notes|F|||| |Fixed assets|||||||| |Tangible assets|||12||16,662||14,042| |Investments|||13||340,296||355,249| ||||||356,958||369,291| |Current assets|||||||| |Debtors|||14|84,689||769,015|| |Cash at bank and|in|hand||1,616,900||662,420|| |||||1,701,589||1,431,435|| |Creditors: amounts||falling due within|||||| |one year|||15|(658,024)||(595,056)|| |Net current assets|||||1,043,565||836,379| |Total assets less|current liabilities||||1,400,523||1,205,670| |Income funds|||||||| |Unrestricted
funds|-|general|||1,400,523||1,205,670| ||||||1,400,523||1,205,670| ## ## ## ||||2020||2019|| |---|---|---|---|---|---|---| |||Notes|f|||| |Cash flows from operating|activities|||||| |Cash generated
from operations||24||960,553||145,536| |Investing
activities||||||| |Purchase
oftangible
fixed assets|||(13,103)||(7,810)|| |Net income paid into investments|||(1,075)|||| |Purchase
of other investments|||(2,283)||(344,916)|| |Proceeds on disposal ofother investments|||||143,413|| |Interest received|||10,388||5,687|| |Net cash used in investing|activities|||(6,073)||(203,626)| |Net cash used in financing|activities|||||| |Net increase/(decrease)
in|cash and|cash||||| |equivalents||||954,480||(58,090)| |Cash and cash equivalents|at beginning|ofyear||662,420||720,510| |Cash and cash equivalents|at end of|year||1,616,900||662,420| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||funds|funds||| |||||||general|||| |||||||2020|2020|2020|2019| |||||||E||E|| |Coronavirus|Job|Retention|Scheme|grant|income|94,000|2,937|96,937|| ## ## ## ||||||||||||Charitable|Charitable| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||Income|Income| ||||||||||||2020|2019| |||||||||||||E| ||Work experience-|||||Health||&|Safety/Placement|services.|165,807|290,769| ||Nuffield|programme|||||||||57,278|57,512| ||ESF - Leicester||||Employment||||Hub||52,697|43,053| ||STEM||||||||||144,313|138,036| ||Careers|Education|||||Service||||122,227|128,584| ||National|Citizen|||Service||||||740,153|1,761,042| ||||||||||||1,282,475|2,418,996| ||Analysis|by fund||||||||||| ||Unrestricted||funds|||- general|||||1,028,187|2,180,395| ||Restricted funds||||||||||254,288|238,601| ||||||||||||1,282,475|2,418,996| |5|Other|trading|||activities|||||||| ||||||||||||Unrestricted
Unrestricted|| ||||||||||||funds|funds| ||||||||||||general|general| ||||||||||||2020|2019| ||||||||||||E|| ||Sponsorship|||&|initiatives||||||4,820|9,100| |6|Investments|||||||||||| ||||||||||||Unrestricted|Unrestricted| ||||||||||||funds|funds| ||||||||||||general|general| ||||||||||||2020|2019| ||||||||||||E|F| ||Income from|||listed|||investments||||6,616|3,116| ||Bank interest|||receivable|||||||3,772|2,571| ||||||||||||10,388|5,687| ||||||||CD|CD
CLI|Ql|r
CO|IA
CO|N
00|CO|CO|IA
IA|CD|||CLI|||||CO
CO|CO
CO|||CD|00
CO|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||CD|||CO|CV|00||CO|CO|CO|||||||||CO|||CO||| ||||||||IA|Cl||CV||CO||O
CV|||||Ql|||||Cl
CD|ID
ID|||CO|Cl
Cl|| |||||||||||||||||||||||||CLI||||||| ||||9|O
rv|CD
CLI|CO||CD
IA|Ql|CO|CV
CO|CD|CO
CO|LA
Ql|CO
Fl|CO|CO||LA
CLI||||CD
CD|||||LA||Ul| ||||p|cv|CO|CI||CV|CO|IA
CLI|Ql||IA|||N|||CO||||Cl||||CD|IA
CV||E0
OC| ||||Ul
0
N, N
0 'm
O ~||||||Pl
CO
CO|LA
W
IA|ID
CO
r|W
ID
CLI|CO
W
CO|CO
t
CO|W
rt'|IA
W|LA
CO|||||||||||||Ul
CU
E
Vl6l| |||||C||||||||||||||||||||||||||0| |||||||||||||||||||||||||||||||Ul| ||||c e
me o
X
m0 CA||||CD
Cl
Cl
CV||CO|CO
CO
LA
Ql|IA
CD|||CD
O|O
CO
IA|||||LA||||CO|||Cd
Cl
CO||ID
CO|Ul
tU
C
UlO
Q| |||||||||||||||||||||||||||||||tU| |||||||||||||||||||||||||||||||Vl| |||||||||||||||||||||||||||||||tU| ||||c e
V QN||CD
CLI
CO||||00
CO|LA
'cl
IA|Cl
CO
r|W
Cl
N|CO
'tt
F)|CO
P
CO|W
'Ct'|lA
W
r|IA
CO
(V||||||||IA
LA||LA
IA
Cl||LA
IA
CD|Ul
IIIO0
tU| |||||||||||||||||||||||||||||||Ul| ||||Q|||||||||||||||||||||||||||LU| ||||||CLI||||CO|IA
W
LA|Cl
CO
~|&
ID
CV|CV
CO
A|CO
W
CO|&
W|IA
W|IA
CO||||||N|||||||N
N0
O| |CI|||||CD||||||||||||||||||CO|||||||Ul| |UJI-||||||||||||||||||||||||||||||'U| |K
Z|||I
Q|Ul
e
e
CL
lCQ|CLI
00
Ql
CO
IA
(V|||IA
IA
CLI|CO
C9|lA
W
LA|CD
CO
w|'lt'
ID
CV|CO
W
YP|CO
W
CO|W
W|LA
'ct
~|LA
CO
CV||Pt
IA
Ql||CLI
O4|CLI|||||CD
Cl
CV|Ql
Ot||C
16
Vl
N0
O
CU
Vl| |0
O
lO
M
UJZ
lOD
Kl|O
UJDXI-R0
O
0)I-X|Ch
C6
Cb|||||NQ
VlC
Q
CL
lCQ
'U
6l
tU
Ul|||||||||||||||||||||||LU
QO
O
Ul
)
O
CU
tU| |Z0
OD
CI
UJ
UJ
Z
tO
UJI-
M
LLIO
LLI|LLI
ILI
I-
0)
UR
X
ILIXI-0I-
Co
UJI-0Z|Lu
Ci
Ci
UJ
UJ
0|'U
Q
'U
C
Q
CL
Q
NQV
I
0
NQ
80||ID
Vl0
O
UQ
CU
Q
0C
tU
VlQC
tU
CU
Vl
CU
CO|C0
Ul
'O
Q0|U
CU
M
UlOC
6l
C0V
NUl
Q
Ul
E
M6l
Vl
O
Vl
C
cD e
E
'm
Ul
I—Q.||6l
0
VI
Ul~C
0
CUe
C~
Ul
0om
Q
M
CU c 0
O
m
UI
E c
L +
0 4-
'ccc
0 CO|||Ul
C
Ul
CU
2|tU
0
VlN6l
CL
m
C
m
m0
Q
~|VI
I—
~m
LU
CO|Vl6l
Ul
m
YC|Vl
QO
mC||Vl
UlO
C
6l
Vl
CU
0
M
VI
Ul
0
O.
QN
C0
N
0
O
C
m"
Vl
Ul
CL
Ul
tUC
m
o
E
05||0
O
6lEE
CUUl0
CL
C
LLI|C
Ul
0)
Q
Ul
I
Ul
m
CU
CU
CI|8C
Q
E
CU
CL
Q
tU
N
Q
rU
Vl
C
Q
U
VI
~
Q
Z|CU
Vl
UlO
CUC:
CU
UlOK
tU
6l
6lQ|||N
N
t6
C|tU
Ul
Ul
Ul
I
Vl
**O**
N
Q
~
C|N
C
O
I
Vl
Q||Ot
CU
CU0
Ul
tU
Ul
N
VI0
O
N
Ul
LUO0
LU
CU
O
Ul
I—| ## ## |8|Auditor's
remuneration||||| |---|---|---|---|---|---| ||The analysis of auditor's|remuneration|is as follows:||| |||||2020|2019| ||Audit ofthe annual
accounts|||4,416|4,200| ## ## ||2020|2019| |---|---|---| ||Number|Number| ||68|73| |Employment
costs|2020|2019| |Wages and salaries|782,958|1,111,667| |Social security costs|58,839|65,390| |Other pension costs|66,805|65,971| ||908,602|1,243,028| ## ## |11|Net gains/(losses)|Net gains/(losses)|on investments|on investments|||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|Unrestricted| |||||||funds|funds| |||||||general|general| |||||||2020|2019| ||||||||f| ||Revaluation|of investments||||(18,311)|10,332| ||Gain/(loss)
on sale||of|investments|||(6,887)| |||||||(18,311)|3,445| |12|Tangible fixed assets||||||| ||||||Fixtures,|Computers|Total| ||||||fittings &||| ||||||equipment||| ||Cost||||||| ||At 1 September 2019||||29,538|37,412|66,950| ||Additions||||674|12,429|13,103| ||At 31August|2020|||30,212|49,841|80,053| ||Depreciation|and|impairment||||| ||At 1 September 2019||||23,208|29,700|52,908| ||Depreciation|charged||in the year|5,458|5,025|10,483| ||At 31August|2020|||28,666|34,725|63,391| ||Carrying
amount||||||| ||At 31August|2020|||1,546|15,116|16,662| ||At 31August|2019|||6,330|7,712|14,042| ## ## ## |Fixed asset|investments||| |---|---|---|---| ||||Listed| ||||investmentsf| |Cost or valuation|||| |At 1 September 2019|||355,249| |Additions|||2,283| |Valuation
changes|||(18,311)| |Net income|paid into investments||1,075| |At 31August|2020||340,296| |Carrying
amount|||| |At 31August|2020||340,296| |At 31August|2019||355,249| |||2020|2019| |||E|E| |Investments|at fair value comprise:||| |Cash deposits||3,058|1,982| |Quoted securities||337,238|353,267| |||340,296|355,249| ## |Debtors|||| |---|---|---|---| |||2020|2019| |Amounts
falling due within one year:||E|E| |Trade debtors||16,190|529,443| |Other debtors||52,578|220,080| |Prepayments|and accrued income|15,921|19,492| |||84,689|769,015| ## ## ## ## ## ## ## ## |||||||v v I0
N Neil||||||0l|e|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||M0l
M0
CL
CL
O
4=
O0l0.
Vl
0
N
0
0)
Vl
m
Ol0
(0
Vl
0
mC0
U
4—0
VlQO|Vl
'U
C
4
C
E
0l
0X
cn
'U
C
4
C|V
'N
(D
C &
N c
Q)
N 'O
IDV 1lC
0
NNx
N
0I NNV
0E 00
N
C N
L
N Sc
CD O
CD
v Ecv
C
ID v
—a
III(0 (n
N '0
IDV 1D
I
0
NNx
ID|(0
C)
(0|(0
Pl
LA
(0
LA
CV
IA
IA|(0
IA
lA
(0
LA
LA
LA
CI|IA
CV
N
LA
CLI
CI(0
(0
N|UJ
I—
0rOl
VlC:
C
m
0lOl
'U
0l
Ol
In
0l
CL0
0lQ.
Ol
C
0
0
VI0lOC
0l|(0
Vl
(n0
O(0
O
(0
0l
Vl0l
O
4=
0l v
O
Vl
N
0l
4—
C
Oeg
C v
0l
(0
e o
CL—
X
0l 0
(UCr~
I
i
4
U0
C Q
ml ~|C(0
c0
C(0
E
0l
0.
0l
O
O0l00.
0l
I-
(0
0l
(0
0l
C
VI0l
Vl
cn0lC
N|| |0
UJI-
Z
K0
O
lO
lO
UJZ
lODKz0
OD
Cl
Lu
uJK
Z
lO
LuI-
lO
UJO
LLI|Cl
UJDzI-z0
O
COI-Z
UJ
K
UJ
lO
Oz
Z
UJZI-0I-
V)
UJI-0Z|Cbo
UJO
0
UJ
UJ
U.0|(n
'U
C
4
'U
Q
Ol
Vle|m
(0
J3
0l
CQ
CL
0lC
Ul
C
0
0l
Ol
C
Vl
i
CL
E0
O
M
0l
O
Vl0l
0l
OC
I(0
O
0l
0
cnO
0l
E0
OC
e
I-|c
0l
E
0K|0l N
C
N
E 0
P& 0
OlN
i
NDI~
DI & CD
V E Cil
Cg v0.
N|(0
00
CV
IA
LA
cn
0l
i
m
cn
UJ +
I—U
(0 Z||F)
IA
O
Z
0l
E
0
CL
E
Q
NQ
0l
LL
(0
UJ|CI(0
CO
Cc(|I0l
CL
X
0l
0l
(0
0l
'U
C(0
Ol
i
0l0l
Ol
cn
UJ g
0
Ol CL
(0
—E
oOc OO
O~
I—+(0
QOCg
'o UJ
(0 I—
~(0
omm
O
Vle
0l ~
0= 'Vl
Q
I
0
In c
Vl
IUO
0
m e
Ol v
0
Vl
Vl
(0CQ
In
Vl
UJ 4-0
(0 h.|UI m
O
m e
0
0lol e
m
OC
c e
m o
N
(0
(u
Nr
O
O Ce
Vl
'
0lC
(0
Vl
In ~
N
C
m
(0 t
Q
M E
CL 'U
Q.
Vl J30
vl Ee
cn v
0l
(0r
Olv0
cn
c eC
O
M
O
0
0l
0lOl
C
Z
(0|0
(0
Ol
C
Q
E
0
E g.
er
C
M
(0
C:
0l
0lvC
0aC
m
0
M
cn
C0l
vl E
Q eO(0
(0
OlX
C 0
C &
4-
N
In .9-
rr
M
eC
m
+
C
cn
0lE-
&
M
0
O. O
UJ e
Q
i
CL
cn
(0
0lO 4-0
CL
(0
UJ
VI|| ## ## |20|Analysis of|net assets|between
funds|||||| |---|---|---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||||2020|2020|2020|2019|2019|2019| ||||E|E||F|F|| ||Fund balances at 31|||||||| ||August 2020|are||||||| ||represented|by:||||||| ||Tangible assets||16,662||16,662|14,042||14,042| ||Investments||340,296||340,296|355,249||355,249| ||Current assets/|||||||| ||(liabilities)||1,043,565||1,043,565|836,379||836,379| ||||1,400,523||1,400,523|1,205,670||1,205,670| ## ## ## ## ## ## |24|Cash generated
from|operations|operations||||2020f|2019
f| |---|---|---|---|---|---|---|---|---| ||Surplus
for the year||||||194,853|36,860| ||Adjustments
for:|||||||| ||Investment
income recognised||in statement||offinancial|activities|(10,388)|(5,687)| ||(Gain)/loss
on disposal|ofinvestments||||||6,887| ||Fair value gains and losses on||investments||||18,311|(10,332)| ||Depreciation
and impairment
oftangible|||fixed assets|||10,483|9,483| ||Movements
in working|capital:||||||| ||Decrease
in debtors||||||684,326|10,958| ||(Decrease)/increase
in|creditors|||||(281,197)|138,190| ||Increase/(decrease)
in|deferred|income||||344,165|(40,823)| ||Cash generated
from|operations|||||960,553|145,536|