2020-12-31-accounts

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2020 6	2020 6	2020 6	2019f	2019 8	2019
Donations and legacies			143,146	36,282	179,428	164,382	10,340	174,722
Charitable activities			163,933		163,933	318,988		318,988
Investments			22,842		22,842	23,821		23,821
Other income			948		948	2,366		2,366
Total income			330,869	36,282	367,151	509,557	10,340	519,897
Raising funds			5,758		5,758	3,672		3,672
Charitable activities			417,873	9,256	427,129	649,475	29,859	679,334
Total resources
expended			423,631	9,256	432,887	653,147	29,859	683,006
Net (expenditure)/income
for the year/
Net (outgoing)/incoming
resources			(92,762)	27,026	(65,736)	(143,590)	(19,519)	(183,109)
Other recognised	gains	and	losses
Other gains or losses		10			44	(131)		(131)
Net movement in funds			(92,718)	27,026	(65,692)	(143,721)	(19,519)	(163,240)
Fund balances at 1
January 2020			153,391	30,867	184,258	297,112	50,386	347,498
Fund balances at	31
December 2020			60,673	57,893	118,566	153,391	30,887	184,258

				2020		2019
			Notes	6		6
Fixed assets
Tangible assets							28,367
Current assets
Debtors				100,986		51,558
Cash at bank and	in	hand		33,760		123,326
				134,746		174,884
Creditors: amounts		falling due within
one year			14	(16,180)		(18,993)
Net current assets					118,566		155,891
Total assets less	current liabilities				118,566		184,258
Income funds
Restricted funds			15		57,893		30,867
Unrestricted funds					60,673		153,391
					118,566		184,258

		Unrestricted	Restricted	Total	Total
		funds	funds	2020	2019
Donations	and gifts	69,405	36,282	105,687	174,722
Legacies	receivable	73,741		73,741
		143,146	36,282	179,428	174,722
For the year ended 31December 2019		164,382	10,340		174,722

		2020 5	2019f
Student fees		140,696	315,922
Services provided	under contract	1,621	3,086
Covid 19support		21,616
		163,933	318,988

		Unrestricted	Unrestricted
		funds	funds
		2020	2019
		5	5
Rental	income	22,500	23,760
Interest	receivable	342	61
		22,842	23,821

				Unrestricted	Unrestricted
				funds	funds
				2020	2019
					8
n r
Other fundraising		costs		5,758	3,672
				5,758	3,672
Charitable activities
				2020	2019
				8	6
Staff costs				234,901	350,289
Library books and		tapes		14,150	27,504
Bursary				6,756	29,859
Catering	provisions			838	13,285
Consultancy fees				3,800
Validation	expenses			25,156	33,594
Staff and	student development			1,144	2,642
Lecturers'	outsourced		expenses	27,215	13,787
Travelling	expenses			1,586	17,457
				315,546	488,417
Share of	support costs (see note 8)			102,916	186,093
Share of	governance		costs (see note 8)	8,667	4,824
				427,129	679,334
Analysis	by fund
Unrestricted funds				417,873
Restricted	funds			9,256
				427,129
Forthe year ended 31 December 2019
Unrestricted funds					649,475
Restricted	funds				29,859
					679,334

8	Support costs
				Support	Governance	2020	2019	Basis of
				costs	costs			allocation
				6	6
	Staif casts				263	263	486	allocated	on time
	Depreciation and	loss on						allocated	on time
	disposal			28,367		28,367	12,086
	Heat, light and cleaning			2,986		2,986	10,839	allocated	on time
	Rent and rates			28,355		28,355	99,760	allocated	on time
	Insurance			4,516		4,516	6,348	allocated	on time
	Repairs and renewals			6,558		6,558	2,232	allocated	on time
	Legal and professional		fees	1,712		1,712	5,498	allocated	on time
	Telephone			2,157		2,157	3,668	allocated	on time
	Printing, stationery	and	postage	83		83	1,011	allocated	on time
	Bad debt expense			12		12	3	allocated	on time
	ITmaintenance			10,964		10,964	22,737	allocated	on time
	Office equipment			13,513		13,513	17,585	allocated	on time
	Subscriptions and	donations		2,675		2,675	3,745	allocated	an time
	Bank charges and	interest		1,018		1,018	581	allocated	on time
	Legal and professional				3,195	3,195	-	Governance
	Accountancy				2,873	2,873	2,000	Governance
	Trustees meetings				336	336	798	Governance
	Independent examiners		fees		2,000	2,000	1,540	Governance
				102,916	8,667	111,583	190,917

Number ofe The average	mployees monthly number ofemployees during	the year was:
		2020	2019
		Number	Number
Academic		6'
Other		4
		10	14
Employment	costs	2020	2019
		6	6
Wages and salaries		189,322	322,412
Redundancy	costs	28,047
Other pension costs		17,795	28,363
		235,164	350,775

			Unrestricted	Unrestricted
			funds	funds
			2020	2019
			8	6
Foreign	exchange	gains	44	(131)

11	Tangible fixed assets	Tangible fixed assets
							Fixtures, fittings a equipment
								8
	At 1 January 2020							80,604
	Disposals							(80,604)
	At 1 January 2020							52,237
	Depreciation charged		in the	year				11,860
	Eliminated in respect ofdisposals							(64,097)
	Carrying amount
	At 31 December	2020
	At 31 December	2019						28,367
12	Financial instruments						2020	2019
							K	6
	Carrying amount	offinancial			assets
	Debt instruments	measured		at	amortised	cost	23,253	24,708
	Carrying amount	offinancial			liabilities
	Measured at amortised		cost				6,013	10,239
13	Debtors
							2020	2019
	Amounts falling	due within		one year:				8
	Trade debtors						22,390	24,471
	Other debtors						863	238
	Prepayments and	accrued income					77,733	26,849
							100,988	51,558

			Movement	in funds			Movement	in funds
		Balance at 1January 2010	Incoming resources	Resources expended1	Balance at January 2020		Incoming reaouroea	Resources expended	Balance at $1 December 2020
									6
Excellence	in
Mission		48,850	10,340	(29,859)	29,331		5,975	(6,756)	28,550
Bible and
Mission		750				750			750
Erasmus		786				786			786
CPD
Conversion							27,807		27,807
Staff reward
for service							2,500	(2,500)
		50,386	10,340	(29,859)	30,867		36,282	(9,256)	57,893

16	Analysis of	net assets between funds
			Unrestricted	Restricted	Total
			Funds 8	Fundsf
	Fund balances at 31 December 2020 are
	represented	by:
	Current assets/(liabilities)		60,673	57,893	118,566
			60,673	57,893	118,566