| Pages2-4 | AnnualReport |
|---|---|
| Page5 | IndependentExaminer'sReport |
| Page6 | Income&ExpenditureAccount |
| Page7 | BalanceSheet |
| Pages8-11 | Notes totheFinancialStatements |
| Income CovenantsandPledgedDonations Donations |
Note | 2020 f 7,195 |
2019 f, 10,822 |
|---|---|---|---|
| Fundraisinglnitiatives FoundationStageIncome Loan Fund lnterest |
J 4 5 |
7,047 64,109 |
21,069 38,559 |
| 150Club BankInterestReceived |
2,276 1,032 |
2,535 29 |
|
| Miscellaneous | 563 | 902 | |
| TotalNet Income | 82,222 | 73,915 | |
| Expenditure | |||
| Salaries SportsActivities |
72,222 | 46,399 | |
| Consumables Educational Spending/Trips Establishment Maintenance |
922 801 5,422 176 |
1,475 1,656 6,811 109 |
|
| Other | 1,474 | 902 | |
| Buildingrefunds | |||
| Depreciation | 30,169 | 29,444 | |
| Total Expenditure | 1I 1,196 | 89,559 | |
| Net Surplus/ @eficit)fortheYear | I | (28,964) | (15,643) |
| P | EASLAKESCHOOLS TRUST | EASLAKESCHOOLS TRUST | EASLAKESCHOOLS TRUST | ||
|---|---|---|---|---|---|
| ResisteredCharitv1034412 | |||||
| BALANCESHEET31'tAUGUST2O2O | |||||
| Note | f,f |
2020 | f | 2019f | |
| FixedAssets | 2 | ||||
| Freehold property | ,309 691 |
718,479 | |||
| FurnitureandEquipment | |||||
| AssetsinConstruction(AICC) | |||||
| 691,309 | 718,478 | ||||
| CurrentAssets | |||||
| Debtors&prepayments | 6 | 1,314 | 2,735 | ||
| Cashatbank&inhand | 140,178 | l4l,7g4 | |||
| 141,492 | l44,5lg | ||||
| Current Liabilities | |||||
| Creditors&accrued expenses | 7 | (t,280) | (2,512) | ||
| (1,280) | (2,512) | ||||
| NetCurrentAssets/(Liabilities) | 140,212 | 142,007 | |||
| Long TermLiabilities | |||||
| TotalNetAssets/(Liabilities) | f831.521 | f860.485 | |||
| RepresentedBy: | |||||
| CapitalReserves | I | 599,797 | 628,761 | ||
| FreeholdProperfyReserve | 213,857 | 213,957 | |||
| PPE Reserve | 9 | 17,867 | 17,867 | ||
| f83r.521 | f860.485 | ||||
| Thesefinancialstatementswere approvedbytheTrusteesonDate | |||||
| ChairmanofTrustees | Treasurer |
| Freehold Properfy r. |
Furniture& Equipment f |
Furniture& Equipment f |
AICC f |
Total f |
|
|---|---|---|---|---|---|
| Cost | |||||
| Ar1.9.19 | 837,203 | 29,098 | 866,301 | ||
| Additions | 3,000 | 3,000 | |||
| DisposalsÆransfers | |||||
| At31.8.20 | 837,203 | 32,098 | 869,301 | ||
| Depreciation | |||||
| At1.9.19 | 118,725 | 29,098 | 147,823 | ||
| Chargeforyear | 29,944 | 225 | 30,169 | ||
| At3l.8.20 | 148,669 | 29,323 | 177,992 | ||
| Written l)own | |||||
| Value | |||||
| Ar31.8.20 | 688,534 | 2,775 | 691,309 | ||
| At31.8.19 | 718,478 | 7t8,478 |
| 8.CAPITALRESERVES | 2020 | 2019 |
|---|---|---|
| f. | Ê | |
| BalanceatlstSeptember2019 | 628,761 | 644,404 |
| Surplus(Deficit)forthe year | (28,964) | (15,643) |
| Balance at3lsAugust 2020 | 599,797 | 628,761 |