2021-03-31-accounts - Learning To Work (South East) Limited

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			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		10	to	14
Detailed Statement of Financial Activities			15

			2021	2020
			Unrestricted
			fund	Totalfunds
		Notes	6	6
Fixed assets
Tangible assets		10	4,871	7,307
Current assets
Debtors			39,118	77,062
Cash in hand			98,993	39,560
			138,111	116,622
Creditors
Amounts falling due within one year		12	(17,542)	(26,077)
Net current	assets		120,569	90,545
Total assets	less current liabilities		125,440	97,852
Creditors
Amounts falling due after more than one year		13	(47,222)
NET ASSETS			78,218	97,852
Funds
Unrestricted	funds		78,218	97,852
Total funds			78,218	97,852

				2021	2020
			Notes	E	6
Cash flows from	operating	activities
Cash generated from operations			1	9,386	(138,454)
Net cash provided	by/(used	in) operating	activities	9,386	(138,454)
Cash flows from	investing	activities
Purchase oftangible fixed assets					(7,307)
Interest received					357
Nst cash provided	by/(used	in) investing	activities	47	~6,950)
Cash flows from	financing	activities
New loans in year				50,000
Net cash provided	by financing activities			50,000
Change In cash	and cash	equivalents	in
the reporting period				59,433	(145,404)
Cash and cash equivalents		at the
beginning ofthe	reporting	period		39,560	184,964
Cash and cash equivalents		at the end	of
the reporting period				98,993	39,560

	Reconciliation ofnet	Reconciliation ofnet	expenditure	expenditure	to net cash flow from operating	to net cash flow from operating	activities
								2021	2020
								6	6
	Net expenditure for the reporting				period (as per the Statement	of
	Financial Activities)							(19,634)	(155,309)
	Adjustments for:
	Depreciation charges							2,436	183
	Interest received							(47)	(357)
	Decrease in debtors							37,944	58,984
	Decrease in creditors							~11,313	~41,955)
	Net cash provided	by/(used		in) operations				9386	(138,454)
2.	Analysis ofchanges		in net funds
						At	1/4/20	Cash flow	At 31/3/21
							6	6	6
	Net cash
	Cash at bank and in	hand					~39560	59,433	98,993
							39,560	59,433	98,993
	Debt
	Debts falling due within		1 year					(2,778)	(2,778)
	Debts falling due after		1 year					(47,222)	(47,222)
								(50,000)	(50,000)
	Total						39,560	9,433	48,993

Donations
				2021	2020
				E
Subscriptions				13,686	19,545
Donated services and facilities				25,000	25,000
				38,686	44,545
Investment income
				2021	2020
				E	E
Deposit account interest				47	357
Income from	charitable	activities
				2021	2020
		Activity		E	E
Income from	projects	Project costs		388,522	520,921
Charitable activities costs
				Support
			Direct	costs (see
			Costs	note 6)	Totals
			E	E	E
Project costs			444,339	2,550	446,889
Support costs
				Governance
					costs
					E
Project costs					2,550
Net Income/(expenditure)
Net income/(expenditure)		is stated a/Ier charging/(crediting):
				2021	2020
				E	E
Independent	examiner fees			2,550	2,550
Depreciation - owned assets Other operating leases				2,436 ~9163	183 10,153

Staff costs
					2021	2020f
Wages and salaries					324,208	517,513
Social security costs					21,528	39,598
Other pension	costs				6,222	9,509
					351,958	566,620
The average	monthly	number	of employees	during the year was as followm
					2021	2020
Management	staff				5	5
Administrative	staff				1	3
Executive and project		staff			9	19
					15	27

Total remuneration paid to ksy management personnel in the year w Tangible fixed assets	as 679,219(2020:f93,763).
	Fixtures
	and
	fittings
	6
Cost
At 1 April 2020 and 31 March 2021	99,060
Depreciation
At 1 April 2020	91,753
Charge for year	2,436
At 31 March 2021	94,189
Net book value
At 31 March 2021	4,871
At 31 March 2020	7,307

11.	Debtors: amounts	Debtors: amounts	falling	due within one year	due within one year
						2021f	2020 8
	Trade debtors					34,505	66,000
	Prepayments					4,613	11,062
						39,118	77,062
12.	Creditors:	amounts	falling		due within one year
						2021f	2020f
	Other loans	(sse note 14)				2,778
	Trade creditors					10,817	15,279
	Accrued expenses					3,947	10,798
						17,542	26,077
13.	Creditors:	amounts	falling		due after more than one year
						2021f	2020 8
	Other loans	(ses nots 14)				47,222
14.	Loans
	An analysis	ofthe maturity		of loans is given below:
						2021f	2020
	Amounts falling due		within	one year on demand:
	Other loans					2,778
	Amounts falling between one and two years:
	Other loans	- 1-2years				8,333
	Amounts falling due		between		two and five years:
	Other loans	- 2-5years				38,889

		2021	2020
		6
Income and endowments
Donations
Subscriptions Donated services and facilities		13,686 25,000	19,545 25,000
		38,686	44,545
Investment income
Deposit account interest		47	357
Charitable activities
Income from projects		388,522	520,921
Total Incoming resources		427,255	565,823
Expenditure
Charitable activities
Wages Social security Pensions		324,208 21,528 6,222	517,513 39,598 9,509
Other operating leases Insurance		9,163 3,027	10,153 2,720
Telephone Postage and stationery Advertising Professional costs		7,096 5,177 378 7,798	8,163 17,519 1,199 9,198
Out ofarea charges General project costs Donated facilities - rent		3,714 25,000	2,069 14,407 25,000
Recruitment &other staff costs		2,378	25,891
ITservices		25,935	27,379
Travel &entertaining Depreciation oftangible	fixed assets	279 2,436	8,081 183
		444,339	718,582
Support costs
Governance costs
Auditors' remuneration		2,550	2,550
Total resources expended		446,889	721,132
Net expenditure		/19,634)	j155,309)