OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-01-31-accounts

for the Year Ended 3 1January 2021
31.1.21 31.1.20
Unrestricted Restricted Total Total
fund fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 169,564 169,564 296,476
Other trading
activities		 99,031 99,031 142,403
Total 268,595 268,595 438.879
EXPENDITURE ON
Raising funds 120,646 120,646 175,190
Other 35,486
Total 120,646 120,646 210,676
NET INCOME 147,949 147,949 228,203
RECONCILIATION OF FUNDS
Total funds brought forward 1,103.236 1,932 1,105,168 876,965
TOTAL FUNDS CARRIED FORWARD 1,251,185 1,932 1,253,117 1,105,168

Balance Sheet
31January 2021
31.1.21 31.1.20
Notes
FIXEDASSETS
Tangible assets 1,213,271 1,120,249
CURRENT ASSETS
Debtors 95 231
Cash at bank and in hand 237,023 198,296
237,118 198,527
CREDITORS
Amounts
falling due within one year		 (772) (1,858)
NKT CURRENT ASSETS 236,346 196.669
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,449,617 1,316,918
CREDITORS
Amounts
falling due after more than one year		 8 (196,500) (211,750)
NET ASSETS 1,253,117 1,105,168
FUNDS
Unrestricted
funds		 1,251,185 1,103,236
Restricted
funds		 1,932 1,932
TOTAL FUNDS 1,253,117 1,105,168

31.1.21 31.1.20
Tuition Fees 91,187 125,788
Book and other Sale 2,270 10,480
Membership 5,552 4,640
Other income 22 1,495
99,031 142.403
RAISING FUNDS
Raising donations and legacies
31.1.21 31.1.20
Staffcosts 85,213 154,371
Insurance 4,146 1,624
Light and heat 8,848 4,973
Sundries 483 813
Books and receiver 871 5,463
Water Rates 1,737 1,693
Repairs and Maintenance 13,213 2,870
Student prizes 773
Computer
and IT expenses		 1,769
Cleaning
expenses		 697
Depreciation 208 144
Support costs 5,927
120,646 175,190

TANGIBLE FIXEDASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
COST
At 1 February 2020 164,000 955,815 19,311 38,795 1,177,921
Additions 92,832 398 93,230
At 31January 2021 164,000 1,048,647 19,311 39,193 1,271,151
DEPRECIATION
At I February 2020 19,311 38,361 57,672
Charge for year 208 208
At 31January 2021 19,311 38,569 57,880
NET BOOKVALUE
At 31 January 2021 164,000 1,048,647 624 1,213,271
At 31 January 2020 164,000 955,815 434 1,120,249
DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR
31.1.21 31.1.20
Other debtors 95 95
Prepayments 136
95 231
CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR
31.1.21 31.1.20
Social security
and other taxes		 472 1,558
Accountancy 300 300
772 1,858

8. CREDITORS: AMOUNTS FALLING DUK AFTER MORE CREDITORS: AMOUNTS FALLING DUK AFTER MORE THAN ONK YEAR
31.1.21 31.1.20
Other loans (see note 9) 196,500 211,750
9. LOANS
An analysis ofthe maturity ofloans is given below:
31.1.21 31.1.20
Amounts
falling due		 in more than five years:
Repayable
otherwise		 than by instalments:
Interest Free Loan - QEH 196,500 211,750
10. ANALYSIS OF NKT ASSETSBETWEEN FUNDS
31.1.21 31.1.20
Unrestricted Restricted Total Total
fund fund funds funds
Fixed assets 1,213,271 1,213,271 1,120,249
Current
assets		 235,186 1,932 237,118 198,527
Current
liabilities		 (772) (772) (1,858)
Long term liabilities (196,500) (196,500) (211.750)
1,251,185 1,932 1,253,117 1.105.168
11. MOVKMKNT IN FUNDS
Net
movement At
At 1.2.20 in funds 31.1.21
Unrestricted
funds
General
fund		 1,103,236 147,949 1,251,185
Restricted funds
Restricted Fund 1,932 1,932
TOTAL FUNDS 1,105,168 147,949 1,253,117

Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 268,595 (120,646) 147,949
TOTAL FUNDS 268,595 (120,646) 147,949
Comparatives for movement in funds
Net
movement At
At 1.2.19 in funds 31.1.20
Unrestricted funds
General fund 875,033 228,203 1,103,236
Restricted funds
Restricted Fund 1,932 1,932
TOTAL FUNDS 876,965 228,203 1,105,168
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 438,879 (210,676) 228,203
TOTAL FUNDS 438,879 (210,676) 228,203

Net
movement At
At 1.2.19 in funds 31.1.21
Unrestricted
funds
General
fund		 875,033 376,152 1,251,185
Restricted
funds
Restricted Fund 1,932 1,932
TOTAL FUNDS 876,965 376,152 1,253,117
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 707,474 (331,322) 376,152
TOTAL FUNDS 707,474 (331,322) 376,152

for the Year En ded 31January 2021
31.1.21 31.1.20
INCOME AND ENDOWMENTS
Donations
and		 legacies
Donations 169,564 296,476
Other trading activities
Tuition Fees 91,187 125,788
Book and other Sale 2,270 10,480
Membership 5,552 4,640
Other income 22 1.495
99.031 142,403
Total incoming resources 268,595 438,879
EXPENDITURE
Raising donations and legacies
Wages 85,213 154,371
Insurance 4,146 1,624
Light and heat 8,848 4,973
Sundries 483 813
Books and receiver 871 5,463
Water Rates 1,737 1,693
Repairs and Maintenance 13.213 2,870
Student prizes 773
Computer
and		 IT expenses 1,769
Cleaning expenses 697
Fixtures and fittings 208 144
114,719 175,190
Support costs
Management
Telephone 493 1,017
Postage and stationery 889 2,020
1,382 3,037
Finance
Bank charges 999 1,955
Governance costs
Accountancy 300 300
Carried forward 300 300

Governance costs
Brought forward
DBS
Designer Engineer Fees
Money Box
Total resources expended
Net income
31.1.21 31.1.20
300 300
144 192
2,300 30,002
802
3,546 30.494
120,646 210,676
147,949 228,203

Page
Report ofthe Trustees I to 4
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 8 to 13
Detailed Statement ofFinancial Activities 14 to 15