|||||Page||
|---|---|---|---|---|---|
|Reference and Administrative
Details||||||
|Report ofthe|Trustees||2|to|6|
|Independent|Examiner's|Report|7|to|8|
|Statement of|Financial|Activities||||
|Statement of|Financial|Position|10|to|11|
|Notes to the|Financial Statements||12|to|21|
|TRUSTEES||M R Ratcliffe MBE||
|---|---|---|---|
|||Mrs P R Ratcliffe||
|||Mrs J S Hill||
|||P M Hazel||
|COMPANY SECRETARY||P M Hazel||
|REGISTERED|OFFICE|Wolseley House||
|||Oriel Road||
|||Cheltenham||
|||Gloucestershire||
|||GL50 1TH||
|REGISTERED|COMPANY|03141906(England|and Wales)|
|NUMBER||||
|REGISTERED|CHARITY|1051622||
|NUMBER||||
|INDEPENDENT|EXAMINER|Andorran
Limited||
|||6 Manor Park Business Centre||
|||Mackenzie Way||
|||Cheltenham||
|||Gloucestershire||
|||GL51 9TX||
|SOLICITORS||Willans||
|||28 Imperial Square||
|||Cheltenham||
|||Gloucestershire||
|||GL50 1RH||
|BANKERS||Lloyds Bank pic||
|||130High Street||
|||Cheltenham||
|||Gloucestershire||
|||GL50 1EW||
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||||||31.5.21|31.5.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|F|F||E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||26,549||26,549|146,301|
|Charitable
activities|||||||
|Charitable|||34,482|30,000|64,482|40,730|
|Other trading
activities|||24,619|351|24,970|124,354|
|Total|||85,650|30,351|116,001|311,385|
|EXPENDITURE ON|||||||
|Raising funds|||1,427||1,427|37,003|
|Charitable
activities|||||||
|Charitable|||133,077|34,168|167,245|264,443|
|Total|||134,504|34,168|168,672|301,446|
|NET INCOME/(EXPENDITURE)|||(48,854)|(3,817)|(52,671)|9,939|
|Transfers
between funds||21|14,206|(14,206)|||
|Net movement
in funds|||(34,648)|(18,023)|(52,671)|9,939|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||3,351|23,909|27,260|17,321|
|TOTAL FUNDS CARRIED FORWARD|||(31,297)|5,886|(25,411)|27,260|
##
|STA|TEMENT OF|FINANCIAL
P|OSITION|||
|---|---|---|---|---|---|
||31|MAY 2021||||
|||||31.5.21|31.5.20|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|F||E|E|
|FIXEDASSETS||||||
|Intangible
assets|13|25,917||25,917|24,012|
|Tangible assets|14|508||508|1,314|
|Investments|15|1||1|1|
|||26,426||26,426|25,327|
|CURRENT ASSETS||||||
|Stocks|16||||200|
|Debtors|17|5,560|206|5,766|34,480|
|Cash at bank and in hand||52|5,680|5,732|119,140|
|||5,612|5,886|11,498|153,820|
|CREDITORS||||||
|Amounts
falling due within one year|18|(13,335)||(13,335)|(101,887)|
|NET CURRENT ASSETS||(7,723)|5,886|(1,837)|51,933|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||18,703|5,886|24,589|77,260|
|CREDITORS||||||
|Amounts
falling due after more than one year 19||(50,000)||(50,000)|(50,000)|
|NET ASSETS||(31,297)|5,886|(25,411)|27,260|
|FUNDS|21|||||
|Unrestricted
funds||||(31,297)|3,351|
|Restricted funds||||5,886|23,909|
|TOTAL FUNDS||||(25,411)|27,260|
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|DONATION|S|AND L|EGACIES||||||
|---|---|---|---|---|---|---|---|---|
||||||||31.5.21|31.5.20|
|Donations|-|individual,|business|and|other|charitable|||
|organisation||s|||||26,549|146,301|
##
##
|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|||
|---|---|---|---|---|---|
|||||31.5.21|31.5.20|
|||||F|F|
|Other income||||2,480|8,107|
|Catering
income
Shop income
Guest speaker fees received
Room hire||||1,438
5,315|16,624
588
4,718
27,776|
|Therapy
income
Advertising
income
Outreach
income||||15,386
351|31,373
229
34,939|
|||||24,970|124,354|
|INCOME FROM|CHARITABLE ACTIVITIES|||||
|||||31.5.21|31.5.20|
||||Activity|F|F|
|Grants|||Charitable|30,000||
|Course fees|||Charitable|10,567|31,320|
|Government
grants|||Charitable|23,915|9,410|
|||||64,482|40,730|
|Grants received,|included|in|the above, are as follows:|31.5.21|31.5.20|
|||||F||
|National
Lottery|Community||Fund|30,000||
|RAISING FUNDS||||||
|Cost of raising|funds|||31.5.21|31.5.20|
|||||F|F|
|Staff costs|||||12,937|
|Rates and water|||||600|
|Light and heat
Sundries|||||2,400
6,218|
|Rent|||||3,000|
|Purchases||||1,427|9,296|
|Guest speakers|||||2,552|
|||||1,427|37,003|
##
|6.|CHARITABLE|CHARITABLE|ACTIVITIES COSTS|ACTIVITIES COSTS|ACTIVITIES COSTS||||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|Support||
|||||||Costs (see|costs (see||
|||||||note 7)|note 8)|Totals|
|||||||F|F|E|
||Charitable|||||166,095|1,150|167,245|
|7.|DIRECT COSTS OF|||CHARITABLE ACTIVITIES|||||
||||||||31.5.21|31.5.20|
||||||||E||
||Staff costs||||||89,565|104,468|
||Rates and water||||||1,310|7,054|
||Insurance||||||579|534|
||Light and heat
Telephone
Postage and stationery
Advertising
Sundries||||||11,269
173
22
35
3,054|9,041
633
772
5,404
2,953|
||Tutor costs||||||6,464|24,988|
||Course programmes
Rent|||and|newsletters||12,971
16,200|20,758
40,200|
||Maintenance||||||3,996|5,827|
||Professional|fees|||||11,221|21,844|
||Bank charges
Office refreshments||||||957|1,283
1,145|
||Outreach costs||||||4,168|11,030|
||Depreciation||||||4,111|4,889|
||||||||166,095|262,823|
|8.|SUPPORT COSTS||||||||
|||||||||Governance|
|||||||||costs|
||Charitable|||||||1,150|
|9.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||||is stated after charging/(crediting):||||
||||||||31.5.21|31.5.20|
||||||||E|P|
||Depreciation
Development||-owned assets
costs amortisation||||806
3,305|1,061
3,828|
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|The average
monthly
number of|emp|loyees
during
the year|was as follows:|||
|---|---|---|---|---|---|
|||||31.5.21|31.5.20|
|Charitable
activities||||2|5|
|No employees
received emoluments||in excess off60,000.||||
|COIIPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
|||||E|F|
|INCOME AND ENDOWIIENTS|FROM|||||
|Donations
and legacies|||146,301||146,301|
|Charitable
activities||||||
|Charitable|||40,730||40,730|
|Other trading
activities|||100,445|23,909|124,354|
|Total|||287,476|23,909|311,385|
|EXPENDITURE ON||||||
|Raising funds|||37,003||37,003|
|Charitable
activities||||||
|Charitable|||264,443||264,443|
|Total|||301,446||301,446|
|NET INCOME/(EXPENDITURE)|||(13,970)|23,909|9,939|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought forward|||17,321||17,321|
|TOTAL FUNDS CARRIED FORWARD|||3,351|23,909|27,260|
##
|13.|INTANGIBLE FIXEDASSETS|||
|---|---|---|---|
|||Development||
|||costs||
||COST|||
||At 1 June 2020|29,580||
||Additions|5,210||
||At 31 May 2021|34,790||
||AMORTISATION|||
||At 1 June 2020|5,568||
||Charge for year|3,305||
||At 31 May 2021|8,873||
||NET BOOK VALUE|||
||At 31 May 2021|25,917||
||At 31 May 2020|24,012||
|14.|TANGIBLE FIXEDASSETS|||
|||Fixtures||
|||and||
|||fittings||
|||F||
||COST|||
||At 1 June 2020 and 31 May 2021|12,665||
||DEPRECIATION|||
||At 1 June 2020|11,351||
||Charge for year|806||
||At 31 May 2021|12,157||
||NET BOOK VALUE|||
||At 31 May 2021|508||
||At 31 May 2020|1,314||
|15.|FIXEDASSET INVESTMENTS|Shares|in|
|||gI O up||
|||undertakings||
|||E||
##
##
##
|15.|FIXEDASSET INVES|FIXEDASSET INVES|TMENTS - cont|TMENTS - cont|TMENTS - cont|TMENTS - cont|inued|inued|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The fixed investment||of E1 represents||||the charity's||ownership|of the whole of the issued||share
capital|
||of Isbourne|College Ltd, a|||dormant|subsidiary||company.|||||
|16.|STOCKS||||||||||||
||||||||||||31.5.21|31.5.20|
||||||||||||E||
||Stocks|||||||||||200|
|17.|DEBTORS:|AMOUNTS||FALLING||DUE WITHIN ONE YEAR|||||||
||||||||||||31.5.21|31.5.20|
|||||||||||||F|
||Trade debtors|||||||||||31,326|
||Other debtors|||||||||||894|
||Prepayments||||||||||5,766|2,260|
||||||||||||5,766|34,480|
|18.|CREDITORS: AMOUNTS||||FALLING DUE WITHIN||||ONE YEAR||||
||||||||||||31.5.21|31.5.20|
||||||||||||F||
||Trade creditors||||||||||6,920|93,048|
||Social security and other taxes
Accruals and deferred
income||||||||||721
5,694|192
8,647|
||||||||||||13,335|101,887|
|19.|CREDITORS: AMOUNTS||||FALLING||DUE AFTER||MORE THAN ONE||YEAR
31.5.21|31.5.20|
||||||||||||F|F|
||Bank loans|(see note|20)||||||||50,000|50,000|
|20.|LOANS||||||||||||
||An analysis|ofthe maturity|||of loans is given|||below:|||||
||||||||||||31.5.21|31.5.20|
||Amounts
falling due in|||more than five|||years:||||||
||Repayable
Bank loans|by instalments:
more 5 yr by instal|||||||||50,000|50,000|
##
|MOVEMENT
IN FUNDS||||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.6.20|in funds|funds|31.5.21|
|||||||E||
|Unrestricted
funds||||||||
|Educational
Centre||||3,35'l|(48,854)|14,206|(31,297)|
|Restricted funds||||||||
|Outreach
Fund||||23,909|(3,817)|(14,206)|5,886|
|TOTAL FUNDS||||27,260|(52,671)||(25,411)|
|Net movement
in funds,|included|||in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|||||||F|F|
|Unrestricted
funds||||||||
|Educational
Centre|||||85,650|(134,504)|(48,854)|
|Restricted funds||||||||
|Outreach
Fund|||||351|(4,168)|(3,817)|
|National
Lottery Community||Fund|||30,000|(30,000)||
||||||30,351|(34,168)|(3,817)|
|TOTAL FUNDS|||||116,001|(168,672)|(52,671)|
|Comparatives
for movement|||in|funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.6.19|in funds|31.5.20|
|||||||F||
|Unrestricted
funds||||||||
|Educational
Centre|||||17,321|(13,970)|3,351|
|Restricted funds||||||||
|Outreach
Fund||||||23,909|23,909|
|TOTAL FUNDS|||||17,321|9,939|27,260|
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