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|||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|
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|||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|
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|||||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|
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|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|
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|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|
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||||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
®istration||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|
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|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|
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|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|
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|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|
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||||||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|
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|||||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||
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