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2020-08-31-accounts

Note Unrestricted Restricted Endowment 2020 2019
Income
Donations
and legacies
28,085 25,421 50,000 103,506 37,584
Other trading activities 2,668 2,668 4,644
Investment
income
36 36 45
Total income 30,789 25,421 106,210 42,273
Expenditure
Charitable
activities
78,451 21,291 99,742 74,201
Total expenditure 78,451 21,291 99,742 74,201
Net income
/ (expenditure)
for the year (47,662) 4,130 6,468 (31,928)
Funds brought
forward at 1
2019
September 9 70,617 8,578 79,195 111,123
Funds carried forward at 31August 2020 22,955 12,708 50,000 85,663 79,195

Note 2020 2019
Fixed assets
Investments 50,000
Current assets
Debtors 2,000 2,868
Stock 26,181 57,829
Bank 30,618 22,618
58,799 83,315
Current
liabiTities
Accruals and deferred income 1,440 1,110
Other creditors 21,696 3,010
Net current assets 35,663 79,195
Net assets 85,663 79,195
Represented by:-
General fund —unrestricted 10 22,955 70,617
Restricted fund 10 12,708 8,578
Expendable endowment 10 50,000
85,663 79,195

2. Investment income income
2020 2019
Bank interest 36 45
3. Charitable expenditure
2020 2019
Staffcosts 33,943 21,086
Other Charitable Expenditure 64,641 51,507
Governance costs: Independent Examination 1,158 1,608
99,742 74,201
prop ortion ofthis individuals
sa
lary was recharged
and is disclosed abov
e. No salaries over 160,000 have been paid.
4. Fixed asset investment
2020 2019
Investments held 50,000
50,000
All fixed asset investments are held in the UK.
5. Debtors
2020 2019
f
Prepayments and accrued income 2,000 2,868
2,000 2,868
6.Stock
2020 2019
Items held for resale 26,1&1 57,829
26,181 57,829

editors
2020 2019
f
Accruals and deferred income 1,440 1,110
Amounts due to Orwell Park School Educational Trust Limited 21,696 3,010
23,136 4,120

Balance at 1 Incoming Resources Balance 31
September 2019f Resources expenses August 2020f
Unrestricted
funds
70,617 30,789 (78,451) 22,955
Restricted funds:
Observatory
improvements
1,384 2,025 (1,696) 1,713
Landscaping 1,434 1,434
Cricket covers 4,260 (4,260)
Bursaries 500 3,000 3,500
Orangery
lectures
1,000 (995) 5
Library books 500 500
Music lockers 9,300 (9,300)
Digital archive 5,196 (5,040) 156
Recording Studio 2,000 2,000
Clock Tower 3,400 3,400
Expendable
Endowment
Fund
Wilkinson-Spurgeon Bursary Fund 50,000 50,000
79,195 106,210 (99,742) $5,663

Balance at 1 Incoming Resources Balance at 31
September Resources Expended August 2019
2018
Unrestricted
funds
Restricted funds
104,689
6,434
34,409
7,864
(68,481)
(5,720)
70,617
8,578
102,379 42,273 (74,201) 79,195

1.Analysis ofnet assets in funds
Net assets Net assets
2020 2019
Unrestricted funds 22,955 70,617
Restricted funds 12,708 8,578
Expendable endowment fund 50,000
85,663 79,195