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|Trustees|R D Groombridge,Trustee|
|---|---|
||K Birch,Trustee(resigned15September2O21)|
||C Bedford,Trustee(resigned15September 2021)|
||P JWalker,Trustee|
||P Edwards,Trustee(resigned15September 2021)|
||KRLloyd,Trustee(appointed15September 2021)|
||HJAbernethie,Trustee(appointed15September202ll|
||LBurke,Trustee(appointed15September 2021)|
|Charity registered||
|number|1061217|
|Principaloffice|59 StationHill|
||Swannington|
||Coalville|
||Leics|
||LE678RJ|
|Ghiefexecutiveofficer|L Burke|
|lndependentauditor|Growe U.K.LLP
Fourth Floor|
||St James House|
||St James Square|
||Cheltenham|
||GLsO3PR|
|Bankers|Barclays Bank|
||De Montfort Street|
||Leicester|
||LE87 2BB|
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## **LEYDENHATCH EDUCATIONAL CENTRE**
## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LEYDENHATCH EDUCATIONAL CENTRE (CONTINUED)**
## **Use of our report**
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.
**Crowe U.K. LLP** Statutory Auditor Fourth Floor St James House St James Square Cheltenham GLS0 3PR
Date: 27 January 2023
Crowe U.K. LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.
Page8
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##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
||Note|e|e|E|
|lncomefrom:|||||
|Donations and legacies
Charitable activities|3
4|498,002
5,000|498,002
5,000|131,058
4,167|
|Othertradingactivities|5|513,859|513,859||
|Totalincome||1,0{6,861|1,016,861|135,225|
|Expenditure on:|||||
|Raisingfunds
Charitable activities|6
7|461,244
111,759|461,244
111,759|15,284|
|Total expenditure||573,003|573,003|15,284|
|Netmovementinfunds||443,858|443,858|119,941|
|Reconciliationoffunds:|||||
|Totalfundsbroughtforward|16|790,931|790,931|670,990|
|Net movementinfunds|16|443,858|443,858|119,941|
|Totalfundscarriedfonrard||1,294,789|'1,234,789|790,931|
##
##
||||31|||
|---|---|---|---|---|---|
||||December||31July|
||Note||2021I||2020
E|
|Fixedassets||||||
|Tangibleassets|11||1,349,468||455,526|
||||1,349,468||455,526|
|Current assets||||||
|Stocks|13|{04,668||||
|Debtors|14|34,636||49||
|Cashatbank and inhand||123,879||335,356||
|||263,183||335,405||
|Creditors: amountsfalling due within one
year|15|(377,862)||||
|Netcurrentliabilities/assets|||(114,679)||335,405|
|Totatassets less currentliabilities|||1,234,789||790,931|
|Total net assets|||1,234,789||790,931|
|Charityfunds
Unrestrictedfunds|16||1,234,789||790,931|
|Totalfunds|||1,234,789||790,931|
##
##
||||31|||
|---|---|---|---|---|---|
||||December||31July|
||Note||202',1
€||2020f|
|Fixedassets||||||
|Tangible assets|11||1,273,788||455,526|
|lnvestments|12||65,737|||
||||1,339,525||455,526|
|Gurrentassets||||||
|Debtors|14|||49||
|Cash at bankand in hand||52,153||334356||
|||52,153||335,405||
|Creditors: amountsfalling due within one
year|15|(134,719)||||
|Netcurrentliabilities/assets|||(82,566)||335,405|
|Total assets lesscurrentliabilities|||1,256,959||790,931|
|Totalnetassets|||1,256,959||790,931|
|Gharityfunds
Unrestrictedfunds|16||1,256,959||790,931|
|Totalfunds|||1,256,959||790,931|
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##
|iation isprovidedon thefol|lowingbases:|
|---|---|
|Freeholdpropertyand|-2-lOYostraight line|
|improvements||
|Fixturesandfittings|-10%straight line|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021t|2021f|
|Donations|8,000|8,000|
|Grants|117,050|117,050|
|TrentValleyEducationTrust|307,217|307,217|
|lntergrand UK Limited|65,735|65,735|
||498,002|498,002|
||Unrestricted|Total|
||funds|funds|
||2020f|2020t|
|Legacy|8,945|8,945|
|TentValleyEducationTrust|122,113|122,113|
||131,058|131,058|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021
€|2021t|
|Rent|income|5,000|5,000|
|||=:-||
|||Unrestricted|Total|
|||funds|funds|
|||2020t|2020f|
|R|i|4,167|4,167|
##
##
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||202',1
E|2021t|2020
E|
|Tradingincome-lntergrand UK Limited|513,859|513,859||
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021
€|2021
€|2020f|
|Tradingcosts- lntergrandUK Limited|461,244|461,244||
##
##
|Unrestricted||
|---|---|
|funds|Total|
|2021
E|2021f|
|111,759|111,759|
##
##
##
##
##
|Unrestricted||
|---|---|
|funds|Total|
|2020|2020|
|E|f|
|15,284|15,284|
##
|Activities|||
|---|---|---|
|undertaken|Support|Total|
|directly|costs|funds|
|2021t|2021
f|2021f|
|46,124|65,635|111,759|
||Support|Total|
|---|---|---|
||cosfs|funds|
||2020f|2020
E|
|Charitable activities|15,284|15,284|
##
||Total|Total|
|---|---|---|
|Activities|funds|funds|
|2021f|2021
€|2020
f|
|46,124|46,'124||
##
##
|||Total|
|---|---|---|
||Activities|funds|
||202',1t|2021t|
|Depreciation
Professional charges
Premises costs|48,007
8,730
2,030|48,007
8,730
2,030|
|Governancecosts|6,868|6,868|
||65,635|65,635|
|||Total|
||Activities|funds|
||2020t|2020f|
|Depreciation
Governancecosts|14,822
462|14,822
462|
||15,284|15,284|
##
|Auditor'sremuneration|||
|---|---|---|
||2021f|2020
E|
|Feespayable totheCharity's auditor for the audit services|5,000||
|Feespayable to thecharity'sauditor and its associates in connection with|||
|tneCfrarityspension scheme(s) in respectof:|||
|Non-audit services|2,250||
##
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##
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##
||Freehold|||
|---|---|---|---|
||propertyandFixturesand
improvementsfittings
€€||Totalf|
|Costor valuation||||
|At1August 2020|640,259||640,259|
|Additions|858,771|13,594|872,365|
|On acquisition of subsidiaries|29,872|76,629|,l06,501|
|Disposals||(16,061)|(16,061)|
|At31December2021|1,528,902|74,162|1,603,064|
|Depreciation||||
|At1August 2020|184,733||184,733|
|Charge fortheperiod|47,644|'14,236|61,880|
|On disposals||(10,2751|(10,2751|
|On acquisitionof
subsidiaries|2,078|15,180|
17,258|
|At31December2O2l|234,455|19,141|253,596|
|Netbook value||||
|At31December2O2l|1,294,447|55,02',1|1,349,468|
|At31July2020|455,526||455,526|
##
##
##
||Freehold|||
|---|---|---|---|
||propertyandFixturesand
improvementsfittings
gf||Totalf|
|Gostor valuation||||
|At1August2020
Additions|640,259
957,560|8,709|640,259
866,269|
|At31December2021|1,497,819|8,709|1,506,528|
|Depreciation
At1August2020
Charge forthePeriod|184,733
47,644|363|184,733
48,007|
|At31December2021|232,377|363|232,740|
|Netbook value||||
|At31December2021|1,265,442|9,346|1,273,788|
|At31July2020|455,526||455,526|
##
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##
|Group||
|---|---|
|31|Group|
|December|31 July|
|2021t|2020f|
|104,668||
##
|Debtors|||||
|---|---|---|---|---|
||Group
31|Group|Gharity
31|Charity|
||December|31July|December|31 July|
||2021
f|2020
f|2021
f|2020
E|
|DuewithinoneYear|||||
|Trade debtors|34,467||||
|Other debtors|169|49||49|
||34,636|49||49|
##
|Creditors:Amountsfallingduewithino|neyear||||
|---|---|---|---|---|
||Group
31|Group|GharitY
31|Chanty|
||December|31July|December|31July|
||2021t|2020t|2021
€|2020
E|
|Other loans|145,000||||
|Trade creditors|48,035||(11,3221||
|Othertaxationand social security|151,260||141,039||
|Other creditors|28,567||2||
|Accruals anddeferredincome|5,ooo||5,000||
||377,862||134,719||
##
##
##
|Statementoffunds-currentpe|riod|||
|---|---|---|---|
||||Balance at|
||||31|
||Balanceat1||December|
||August2020
€|lncomeExPenditure
€€|2021f|
|Unrestrictedfunds||||
|General Funds|790,931|1,016,861(573,003)1,234,789||
|Statementoffunds'PriorPeriod|||||
|---|---|---|---|---|
||Balanceat||||
||1January
2020
E|lncome
E|Expenditure
tf|Balanceat
31 JulY2020|
|Unrestrictedfunds|||||
|General Funds|670,990|135,225(15,284)790'931|||
##
|Analysisofnetassetsbetweenfunds'currentpe|riod||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||31|31|
||December|December|
||2021t|2021f|
|Tangiblefixedassets
Current assets|1,349,468
263,183|1,349,468
263,183|
|Creditors duewithin oneYear|(377,862)|(377,862)|
||1,234,789|1,234,789|
##
##
##
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||31JulY|31 July|
||||2020f|2020t|
|Tangible|fixed|assets|455,526|455,526|
|Current|assets||335,405|335,405|
||||790,931|790,931|
##
##
|Reconcitiationofnet movementinfundstonetcashflowfromoper|atingactivities||
|---|---|---|
||Group||
||31|Group|
||December|31 July|
||2021
€|2020t|
|Net income fortheperiod(asperstatement ofFinancial Activities)|443,858|119,941|
|Adjustments for:
Depreciation charges
lncrease in stocks|61,880
({04,668)|15,385|
|lncreaseindebtors|(34,587)|(4e)|
|lncrease in creditors|232,862||
|Prioryearcorrection||1,050|
|Netcashprovided by operating activities|599,345|136,327|
##
|Analysis ofcash andcash equivalents|||
|---|---|---|
||Group||
||31|Group|
||December|31 July|
||2021|2020|
||€|f,|
|Cashinhand|123,879|335,356|
|Totalcashandcashequivalents|12?,879|335,356|
##
##
|||||At31|
|---|---|---|---|---|
|||At1August
2020
t|CashflowsI|December
2021f|
|Cash
Debt|atbank andinhand
duewithin1Year|335,356|(211,4771
({45,000)|123,879
(145,000)|
|||335,356(356,477)(21,',1z'll|||
##
|payments und|er|non-cancellable operating leases|asfollows:||
|---|---|---|---|---|
||||GrouP||
||||31|Group|
||||December|31July|
||||2021
€|2020
f|
|Not laterthan|1|Year|14,820||
##