| Note | 2021 | 2020 | |||
|---|---|---|---|---|---|
| INCOME | |||||
| Donations from parents | 600 | 5,571 | |||
| Investment - bank interest |
6 | 43 | |||
| Charitable activities |
1 | 63,346 | 90,265 | ||
| Total Income | 63,952 | 95,879 | |||
| EXPENDITURE | |||||
| Charitable activities |
2,3 | 80,636 | 98,706 | ||
| Total Expenditure | 80,636 | 98,706 | |||
| Excess (Expenditure) | over Income for the year | 16,684 | 2,827 |
| Note | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| CURRENT ASSETS | ||||||
| Cash at bank and in | hand as at | 31August | 57,920 | 74,605 | ||
| Debtors - prepayrnents 8 accrued income |
20,264 | |||||
| 57,920 | 94,869 | |||||
| CURRENT LIABILITIES | ||||||
| Creditors —accruals |
&.deferred | income | 5,586 | |||
| Net current assets | 57,920 | 89,283 | ||||
| REPRESENTED BY: | ||||||
| Balance brought forward at 1September |
89,283 | 92,110 | ||||
| Add: Excess of income over expenditure | for the year | 16,684 | 2,827 | |||
| Balance | 72,599 | 89,283 | ||||
| Net current assets | 57,920 | 89,283 |