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2022-08-31-accounts

Page
Report ofthe Trustees 1 to 4
Report ofthe Independent
Auditors		 5 to 8
Statement ofFinancial Activities
Balance Sheet 10
Cash Flow Statement
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 23
Detailed Statement ofFinancial Activities 24 to 25

for t he Year E nded 31 Au
ust		 2022
31.8.22 31.8.21
Um estricted Restricted Total Total
funds funds funds funds
Notes
INCOME AVD ENDOWMENTS FROM
Donations and legacies 1,007,716 1,007,716 870,025
Charitable activities
Charitable activities 2,218 2,218 676
Other trading
activities		 89,184 152,669 241,853 112,166
lnveshnent income 30 104 134 13
Total 89,214 1,162,707 1,251,921 982,880
EXPENDITURE ON
Charitable activities
I-lail hire 415
Charitable activities 3,243 1,089,066 1,092,309 927,838
Other 32,760 32,760 32,760
Total 3,243 1,121,826 1,125,069 961,013
NET INCOME 85,971 40,881 126,852 21,867
RECONCILIATION OF FUNDS
Total funds brought
fonvard		 205,341 997,611 1,202,952 1,181,085
TOTAL FUNDS CARRIED FORWARD 291,312 1,038,492 1,329,804 1,202,952

31.8.22 31.8.2 I
Unrestricted Restricted Total Total
funds funds funds funds
Notes
FIXEDASSETS
Tangible
assets		 13 855,286 855,286 862,102
CURRENT ASSETS
Debtors 14 33,770 33,770 65,215
Cash at bank 291,312 170,141 461,453 308,630
291,312 203,911 495,223 373,845
CREDITORS
Amounts
falling due witlun one year		 15 (20,705) (20,705) (32,995)
NET CURRENT ASSETS 291,312 183,206 474,518 340,850
TOTAL ASSETSLESSCURRENT
LIABILITIES 291,312 1,038,492 1,329,804 1,202,952
NET ASSETS 291,312 1,038,492 1329,804 1,202,952
FUNDS 16
Unrestricted
funds		 291,312 205,341
Restricted
funds		 1,038,492 997,611
TOTAL FUNDS 1,329,804 1,202,952
f or the Year Knded 31 Au
ust 2022
31.8.22 31.8.21
Notes
Cash flows from operating activities
Cash generated
from operations		 194,194 28,052
Net cash provided
by operating
activities		 194,194 28,052
Cash flows from investing activities
Purchase oftangible
fixed		 assets (41,505) (11,811)
interest received 134 13
Net cash used in investing activities (41,371) (11,798)
Change in cash and cash equivalents in
the reporting
period		 152,823 16,254
Cash and cash equivalents at the
beginning
ofthe reporting		 period 308,630 292,376
Cash and cash equivalents at the end of
the reporting
period		 461,453 308,630

NOTES TO TIIK CASH FLOW STATEh'IENT
for the Year Ended 31 Au
ust 2022		 NOTES TO TIIK CASH FLOW STATEh'IENT
for the Year Ended 31 Au
ust 2022		 NOTES TO TIIK CASH FLOW STATEh'IENT
for the Year Ended 31 Au
ust 2022
RECOVCILIATION OF NET INCOlii IETO NET CASH FLOW FROM OPERATING ACTIVITIES
31.8.22 31.8.21
Net income for the reporting period (as per the Statement ofFinancial
Activities) 126,852 21,867
Adj ustments for:
Depreciation
charges		 48,321 48,245
Interest received (134) (13)
Decrease/(increase) in debtors 31,445 (15,591)
Decrease in creditors (12,290) (26,456)
Net cash provided by operations 194,194 28,052

ANALYSIS OF CHANGES IN NET F~S
At 1.9.21 Cash flow At 31.8.22
Net cash
Cash at bank 308,630 152,823 461,453
308,630 152,823 461,453
Total 308,630 152,823 461,453

DONA'I'IONS
AND		 LEGACIKS
31.8.22 31.8.21
Donations 16,610 34,452
Legacies 62,487
Grants 991,106 773,086
1,007,716 870,025
Grants received, included
in the above, are as follows:
31.8.22 31.8.21
Education and Skills Funding
Agency		 423,581 342,699
High Needs Funding - Lambeth SEN 286,719 153,862
High Needs Funding - London Borough Merton 12,721
High Needs Funding - Southwark Council 151,632 148,70l
High Needs Funding -Wandsworth Council 79,448 34,643
High Needs Funding -Viesttninster Council 12,905
High Needs Funding - Lev isham Council 9,848 8,449
High Needs Funding -Croydon Council 9,859
High Needs Funding -Bromley 10,258 11,748
High Needs Funding - Royal Borough Greenwich 3,994 17,225
City ofLondon (Bridge House) 40,900
City ofLondon 5,000
991,106 773,086

4. OTHER TRADING A CTIVI TIFS
31,8,22 31.8.21
Hall hire 60,192 16,411
School links &study programme 181,661 95,755
241,853 l 12,166
5. INYKSTMKNT INCOME
31.8.22 31.8.21
Deposit account interest. 134 13
6. INCOME FROM CHARITABLE ACTIVITIES
31.8.22 31.8.21
Activity
Sales Charitable activities 2,218 676
7. CHARITABLE ACTIVITIES COSTS
Support
Direct costs(see
Costs note 8) Totals
f
Charitable activities 52,191 1,040,118 1,092,309
8. SUPPORT COSTS
Governance
Other costs Totals
Charitable activities 1,019,025 21,093 1,040,118
Support costs, included in the above, are as follows:
31,8.22 31.8.2l
Charitable Total
activities activities
Wages 359,567 315,714
Social security 29,291 24,900
Pensions 8,122 7,102
Premises costs 95,371 67,064
Insurance 16,771 16,351
Light and heat 9,644 9,355
Telephone and internet 3,759 2,669
Printing,
postage &stationery		 9,513 9,235
Sundries 30 214
Bank charges 678 735
Staff training 4,446 2,204
Staff travel 8,035 9,390
Computer costs 6,776 14„479
Carried fons ard 552,003 479,412

31,8.22 31.8.21
Charitable Total
activities activities
B~ought forward 552,003 479,412
Motor expenses 418 1,110
Education &Certs 21„566 8,709
CRBchecks 942 1,698
Trustee expenses 330
Cleaning 10,175 13/01
Student expenses 6,036 7,490
Membership
&registration		 fees 185 267
Support staff 393,482 323,556
Legal and professional 4,213 7,741
Data management 12,000 8,240
Security and health &safety 2,104 3,311
Donations paid 10 5,200
Depreciation oftangible fixed assets 15,561 15,485
Auditors'
remuneration		 3,600 4,200
Accountancy
fees		 17,493 14,808
1,040,118 894,528
NET INCOME/(EXPENBITURE)
Net income/(expenditure) is stated aRer charging/(crediting):
31.8.22 31.8.21
Auditors'
remuneration		 3,600 4,200
Depreciation
- owned assets		 48,321 48,245

11. STAFF COSTS
31.8.22 31.8.21
f
Wages and salaries 359,567 315,714
Social security costs 29+91 24,900
Other pension costs 8,122 7, 107
396,980 347,716
The average
monthly		 number ofemployees during the year was as follows:
31.8.22 31.8.21
Management 1 1
Administration 5 4
Project workers 9 8
15 13
No employees
received emoluments		 in excess of/60,000.
12. COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
f.
IiVCOKIE AND ENDOWMENTS FROiil
Donations
and legacies		 870,025 870,025
Charitable
activities
Charitable
activities		 676 676
Other trading activities 19,446 92,720 112,166
Investment
income		 I 12 13
Total 19,447 963,433 982,880
EXPENDITURE ON
Charitable
activities
Hall hire 415 415
Charitable
activities		 927,838 927,838
Other 32,760 32,760
Total 415 960,598 961,013
NKT INCOi&IK 19,032 7,835 21,867
RKCONCH
LaTION		 OFFUNDS
Total hmds brought fonvard 186,309 994,776 1,181,085
TOTAL FUNDS CARRIKD FOR%YARD 205,341 997,611 1,202,952

TANGIBf EFIXEDASSETS
Fixnires
Freehold Plant and and
property machinery fittings
COST
At 1 September 2021 1,747,996 191,731
Additions 2,495 39,010
At 31Aug.ist 2022 1,747,996 2„495 230,741
DEPRECIATION
At 1 September 2021 938,719 157,455
Charge for year 32,760 416 10,508
At 31 August 2022 971,479 416 167,963
NET BOOK VALUE
At 31 August 2022 776,517 2,079 62,778
At 31 August 2021 809,777 34,276
Motor Computer
vehicles equipment Totals
COST
At 1 September 2021 26,000 81,228 2,046,955
Additions 41,505
At 31 August 2022 26,000 81,228 2,088,460
DEPRECL4,TION
At 1 September 2021 25,860 62,819 1,184,853
Charge for year 35 4,602 48,321
At 31 August 2022 25,895 67,421 1,233,174
NET BOOK VALUE
At 31 August 2022 105 13,807 855,286
At 31 August 2021 140 18,409 862,102

14. DEBTORS:AMOU NTS FALLING DUK WITHI N ONE YEAR
31.8.22 31.8.2 l
Trade debtors 27,440 48,964
Other debtors 3,879
Prepapvents 6,330 12,372
33,770 65,215
15. CREDITORS: AMOUNTS FALLING DUE WITHliV OiVE YKAR
31.8.22 31.8.21
Trade creditors 13,510 20,069
Other creditors 1,555 1,398
Accruals 5,640 11,528
20,705 32,995
16. MOVEMKNT IN FUiiDS
Net
movement At
At 1.9.2 l in funds 31.8,22
Unrestricted
funds
General
fund		 185,341 85,971 271,312
Planned
maintenance		 and facilities
management
costs		 20,000 20,000
205,341 85,971 291,312
Restricted
funds
Education 88,334 73,141 161,475
Hall and fieehold propeity fund 809,277 (32,760) 776,517
Training
activities		 100,000 100,000
Gardening
classroom		 500 500
997,611 40,881 1,038,492
TOTAL FUNDS 1,202,952 126,852 1,329,804

Incoming Resources Movement
resources expended in funds
i-
Unrestricted
funds
General
fund		 89,214 (3,243) 85,971
Restricted
funds
Education 1,162,207 (].,089,066) 73,141
Hall and freehold property fund (32,760) (32,760)
Gardening
classroom		 500 500
1,162,707 (1,121,826) 40,881
TOTAL FUNDS 1,251,921 (1,125,069) 126,852
Comparatives
for movement		 in funds
Net Transfers
movement between At
At 1.9.20 in funds funds 31.8.21
Unrestricted
funds
General
fund		 166,309 19,032 185,341
Planned
maintenance		 and facilities
lnanagement
costs		 20,000 20,000
186,309 19,032 205,341
Restricted
funds
Education 152,739 35,595 (100,000) 88,334
Hall and freehold property find 842,037 (32,760) 809,277
Training
activities		 100,000 100,000
994,776 2,835 997,611
TOTAL FUlVDS 1,181,085 21,867 1,202,952
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Movement
resources expended ln filnds
Unrestricted
funds
General
fund		 19,447 (415) 19,032
Restricted
funds
Education 963,433 (927,838') 35,595
Hall and freehold property 1'und (32,760) (32,760)
963,433 (960,598) 7 835
TOTAL FUNDS 982,880 (961,013) 71,867

Net Transfers
movement betv een At
At 1.9.20 ul funds funds 31.8.22
Unrestricted
funds
General
fund		 166,309 105,003 771,312
Planned
maintenance		 and facilities
management
costs		 20,000 20,000
186,309 105,003 291,312
Restricted
funds
Education 152,739 108,736 (100,000) 161,475
Hall and freehold property fund 842,037 (65,520) 776„517
Training activities 100,000 100,000
Gardening
classroom		 500 500
994,776 43,716 1,038,492
TOTAL FUNDS 1,181,085 148,719 1,329,804
A current year 12 months and prior year 12 months combined net movement in funds, included in the above a
as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General
fund		 108,661 (3,658) 105,003
Restricted funds
Education 2,125,640 (2,016,904) 108,736
Hall and freehold property fund (65,520) (65,520)
Gardening
classroom		 500 500
2,126,140 (7,082,424) 43,716
TOTAL FUrrIDS 2,234,801 (2,086,082) 148,719