2021-05-31-accounts

				Page
Report ofthe Ttsrstees				I to 5
Independent Examiner's		Report
Statentent ofFinancial		Activtties
Balance Sheet
Notes to the Financial	Statentents			9 to 13
Detailed Statement of	Financial		Activities	14

Outreach programme	21
Higher Education	18
Day Bursary at Kings School	182
Boarding Bursary at Kings School	3
Total Number ofChildren	224

				Statentent ofFinancial Activities	Statentent ofFinancial Activities	Statentent ofFinancial Activities
				for the Yeat	Ended 31M~a2021
								31.5.21	31.5.20
					Unrestricted			Total	Total
					fund	Restrtcted	fund	fitnds	funds
				Notes				f.	f,
INCOMING RESOURCES
Incoming resources	from generated		funds
Voluntaty income					22,209	54,241		76,450	89,927
RESOURCES EXPENDED
Costs ofgenerating funds
Costs ofgenerating voluntaty		income			1,374			1,374	3,273
Charitable activitios
Charitable Activites					10,816			10,816	13,467
Grants					5,759	54,241		60,000	78,100
Governance costs					1,989			1,989	1,904
Total resources expended					19,938	54,241		74,179	96,744
NET INCOMING/(OUTGOING)
RESOURCES					2,271			2,271	(6,817)
RECONCILIATION	OF FUNDS
Total funds brought	fortvard				8,438			8,438	15,255
TOTAL FUNDS CARRIED		FORWARD			10,709			10,709	8,438

				31.5.21	31.5.20
		Unrestricted		Total	Total
	Notes	fund I	Restricted fund 8	funds	funds
CURRENT ASSETS
Debtors Cash at bank	5	1,978 11,245		1,978 11,245	2,702 9,216
		13,223		13,223	11,918
CREDITORS
Amounts falling due within one year	6	(2,514)		(2,514)	(3,480)
NET CURRENT ASSETS		10,709		10,709	8,438
TOTAL ASSETSLESSCURRENT ' "3nILITIES		10,709		10,709	8,438
NET ASSETS		10,709		10,709	8,438
FUNDS
Unrestricted funds
Restricted funds				10,709	8,438
TOTAL FUNDS
				10,709	8,438

31.5.21	31.5.20
f.	f
1,374	3,273

4.	STAFIr COST		S
									31.5.21	31.5.20
	Wages and salaries								8,479	8,000
	The avet age monthly			number ofemployees		during	the year was as follows:
									31.5.2 I	31.5.20
									I	I
	No employees	received emoluments			in excess off60,000.
5.	DEBTORS:AMOUNTS I'ALLING DUE WITHIN ONF YEAR
									31.5.21	31.5.20
	Otltet debtors								1,978	2,702
6.	CREDITORS: AMOUNTS IrALLING					DUE WITHIN ONE YEAR
									31.5.21	31.5.20
									6
	Other creditors								2,514	3,480
7.	MOVEMENT		IN	FUNDS
									Net lllovemeltt
							At	1.6.20	in funds	At 31.5.21
								f.	8
	Unrestricted	funds
	General fund							8,438	2,271	10,709
	TOTALI'UNDS							8,438	2,271	10,709

						Incoming	Incoming	Resources	Movement in
						resources		expended	fondle
Unrestricted	funds
General fund							22,209	(19,938)	2,271
Restricted funds
Restricted Fund							54,241	(54,241)
TOTAL FUNDS							76,450	(74,179)	2,271
Conlparatives	for movement		in funds
								Net movement
							At 1.6.19	ln funds	At 31.5.20
Unrestricted	Funds
General fund							15,255	(6,817)	8,438
TOTAL FUNDS							15,255	(6,817)	8,438
Comparative	net movement	in	funds, included	in the	above are	as follows:
							Incoming	Resources	Movenlent in
							resources	expended	funds
Um estrlcted	funds
General fund							39,203	(46,020)	(6,817)
Restricted funds
Restricted Fund							50,724	(50,724)
TOTAL FUNDS							89,927	(96,744)	(6,817)
A current year 12months		and	prior year 12months		combined	position is	as follows:
								Net luovement
							At 1.6.19	in funds	At 31.5.21
							f.
Unrestricted	funds
General fund							15,255	(4,546)	10,709
TOTAL FUNDS							15,255	(4,546)	10,709

	Illcoirlillg	Resources	Movenient in
	resources	expended	funds
		f
Unrestricted funds
General fund	61,412	(65,958)	(4,546)
Restricted funds
Restricted Fund	104,965	(104,965)
TOTAL FUNDS	166,377	(170,923)	(4,546)

			for the Year Ended 31 Ma 20	21
					31.5.21	31.5,20
			Unrestricted	Restricted	Total	Total
			funcis	funds	fun cia	funds
				f	6
INCOMING RESOURCES
Voluntary income
Child Sponsorship				44,241	44,241	50,724
Donations			14,351	10,000	24,351	31,022
Gitt aid			7,858		7,858	8,181
			22,209	54,241	76,450	89,927
Total incoming		resources	22,209	54,241	76,450	89,927
RESOURCES	EXPENDED
Charitable activities
Wages			8,479		8,479	8,000
Travelling			2 337		2,337	4,825
Grants to institutions			5,759	54,241	60,000	78,100
			16,575	54,241	70,816	90,925
Governance costs
Independent examination			1,380		1,380	1,000
Professional fees			609		609	904
			1,989			1,904
Support costs
Management
Office administration			1,134		1,134	3,111
Finance
Bank charges			202		202	114
Information	technology
Repairs and renewals			38		38	48
Other
Sundries						210
Subscriptions						432
						642
Total resources		expended	19,938	54,241	74,179	96,744
Net income/(expenditure)			2,271		2,271	(6,817)