| CONTENTS | PAGE |
|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION |
|
| TRUSTEES' REPORT | 2-4 |
| INDEPENDENT EXAMINERS' REPORT |
|
| STATEMENT OF FINANCIAL ACTIVITIES | |
| STATEMENT OF FINANCIAL POSITION | |
| STATEMENT OF CASH FLOW | |
| NOTES TO THE ACCOUNTS | 9-13 |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| NOTES | Fund | Fund | 2021 | 2020 | ||
| Income and endowments | from | |||||
| C/iar//a/s/e activities |
||||||
| Grant receivable | 2,325 | 27,188 | 29,513 | 11,675 | ||
| Acti vi /iesfor generating funds | ||||||
| Membership fees |
80 | |||||
| Donation | 1,190 | |||||
| Investment Income |
4 | |||||
| Total income and endowments | 2 325 | 27 188 | 29513 | 12949 | ||
| Expenditure on: |
||||||
| Charitable activities |
24 996 | 24996 | 18485 | |||
| Total resources expended | 24 996 | 24 996 | 18485 | |||
| Net income/(expenditure) | for the year/ | 2,325 | 2,192 | 4,517 | (5,536) | |
| Net movement in funds |
||||||
| Fund balances at I April | 2020 | 5986 | 5 986 | 11522 | ||
| Fund balances at 31March 2021 |
| NOTES | 2021 | 2020 | ||
|---|---|---|---|---|
| Fixed Assets | ||||
| Equipment | 266 | 634 | ||
| Current Assets | ||||
| P repayments | 364 | 364 | ||
| Other debtors | 195 | |||
| Cash at bank | and in hand | 10308 | 6248 | |
| 10,867 | 6,612 | |||
| Current liabilities |
||||
| Other payable | 10 | 630 | 1 260 | |
| Net current | assets | 10237 | 5 352 | |
| Total assets | less current liabilities | J.10503 | ||
| Income funds: | ||||
| Unrestricted | Fund | 12 | 2,325 | |
| Restricted Fund |
12 | 8 178 | 5 986 |
| YEAR ENDED 3 | 1STMARCH 20 | 21 | ||||
|---|---|---|---|---|---|---|
| Note | 2021 | 2020 | ||||
| g | ||||||
| Cash llew from operating | activities | |||||
| Cash generated | from/(absorbed by) operations |
4,060 | (4,906) | |||
| Investing activities |
||||||
| Net cash(used | in)/generated | from | ||||
| investing activities |
||||||
| Net cash used | in financial | activities | ||||
| Net increase/(decrease) in |
cash and cash | |||||
| equivalents | 4,060 | (5,168) | ||||
| Cash and cash | equivalents | at beginning ofyear | 6248 | ll 416 | ||
| Cash and cash | equivalents | at end ofyear |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| 3.Fund-raising ventures |
Fund | Fund | 2021 | 2020 | ||
| Membership fees |
80 | |||||
| Donation | 1 190 | |||||
| Unrestricted | Restricted | |||||
| 4.Investment income |
Fund | Fund | 2021 | 2020 | ||
| Bank Interest | Received | |||||
| Unrestricted | Restricted | |||||
| 5.Grants received | Fund | Fund | 2021 | 2020 | ||
| The City Bridge | Trust | 2,325 | 2,325 | 9,300 | ||
| London Catalyst | 1,000 | |||||
| W G Edwards Charity |
1,375 | |||||
| Trust for London | 11,000 | 11,000 | ||||
| National Lottery |
Community | Fund | 9,311 | 9,311 | ||
| London Community Foundation |
5,521 | 5,521 | ||||
| HMRC Furlough | grant | 1 356 | 1 356 |
| 6.Staff costs Y |
6.Staff costs Y |
EAR ENDED 31STMARCH 202 | EAR ENDED 31STMARCH 202 | 1 | 1 | |
|---|---|---|---|---|---|---|
| No remuneration was paid to trustees |
in the year, nor were any trustees' | expenses reimbursed. | ||||
| staff' costs were: | 2021 | 2020 | ||||
| 13,386 | 8,628 | |||||
| Salaries and wages | ||||||
| The average weekly number ofstaff | employed | by the charity during the | year was as | follows: | ||
| 2021 | 2020 | |||||
| Direct Charitable | Activities | |||||
| Unrestricted | Restricted | |||||
| 7.Direct charitable expenditure |
Fund | Fund | 2021 | 2020 | ||
| Salaries and Wages | 10,131 | 10,131 | 8,628 | |||
| Volunteer Expenses |
3,120 | 3,120 | 640 | |||
| Tutor Fees | 3,324 | 3,324 | 3,300 | |||
| Food and Refreshments | 700 | 700 | 566 | |||
| Premises Cost | 2,678 | 2,678 | 2,166 | |||
| Printing, stationery &telephone |
910 | 910 | 388 | |||
| Insurance | 437 | 437 | 437 | |||
| Professional fees |
375 | 375 | ||||
| Web design | 750 | 750 | 250 | |||
| Equipment and materials |
1,868 | 1,868 | 744 | |||
| Annual General Meeting |
200 | |||||
| Independent Examiner Fees |
630 | |||||
| Accountancy & Payroll |
Fees | 335 | 335 | 168 | ||
| Depreciation | 368 | 368 | 368 |
| 8.Fixed assets | |||
|---|---|---|---|
| ~Eui | ment | Total | |
| Cost | |||
| Opening Balance |
15,616 | 15,616 | |
| Closing balance | 15616 | 15616 | |
| Depreciation and impairment |
|||
| Opening Balance | 14,982 | 14,982 | |
| Charge for the Year | 368 | 368 | |
| Closing balance | 15350 | 15350 | |
| Carrying amount |
|||
| as at 31st March 2021 | |||
| as at31st March 2020 | |||
| 9.Cash at bank nnd in hand | 2021 | 2020 | |
| Bank Current Account | 9,541 | 5,481 | |
| Bank Reserves Account | 767 | 767 | |
| 10.Current liabilities | 2021 | 2020 | |
| Accruals | 63(} | 1 260 | |
| X63Q |
| Surplus/(deficit) for the year |
|
|---|---|
| Adjustment for: |
|
| Investment income recognised |
in profit or loss |
| Depreciation and iinpairment |
ofequipment |
| Movement in capital: |
|
| (Increase)/decrease in trade and receivable |
|
| Increase/(decrease) in trade and other payable |
| 2021 | 2020 |
|---|---|
| 4,517 | (5,536) |
| (4) | |
| 368 | 368 |
| (195) | (364) |
| ~630 | 630 |
| 12.STATEMENT OF FUNDS | ~Ai A | ii | i | ~A | "Ai"" | At 31 | |
|---|---|---|---|---|---|---|---|
| 2020 | March 2021 | ||||||
| Unrestricted Fund |
2,325 | 2,325 | |||||
| Restricted Fund | 5 | 986 | 21 }88 | ~24996 | 8 178 | ||
| Total Funds |