2021-03-31-accounts - Life Education Wessex

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Trustees' annual report (incorporating the			director's	report)
Independent examiner's report		to the trustees
Statement offinancial	activities	(including	income and
expenditure account)
Statement offinancial	position
Notes to the financial	statements				10
The following pages	do not form part ofthe financial statements
Detailed statement of	financial	activities			19
Notes to the detailed	statement	offinancial	activities		21

		Y	ear end	ed 31 March	2021
					2021		2020
				Unrestricted	Restricted
			Note	funds F	funds F	Total funds f	Total funds
Income and endowments
Donations and legacies			5	181,063	2,205	183,268	231,075
Charitable activities			6	140,953		140,953	252,350
Other trading activities			7	5,088		5,088	56,131
Investment income			8	245		245	448
Other income			9	131,564		131,564	2,632
Total income				458,913	2,205	461,118	542,636
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			10	78,200		78,200	85,540
Expenditure on charitable	activities		11,12	265,687	21,500	287,187	402,573
Total expenditure				343,887	21,500	365,387	488,113
Net income and net movement		in	funds	115,026	(19,295)	95,731	54,523
Reconciliation offunds
Total funds brought forward				215,758	38,900	254,658	200,135
Total funds carried forward				330,784	19,605	350,389	254,658

						2021		2020
					Note			F
Fixed assets
Tangible fixed assets					19		5,295	9,181
Current assets
Stocks					20	3,580		4,356
Debtors					21	30,207		35,800
Cash at bank	and	in	hand			326,920		237,921
						360,707		278,077
Creditors: amounts			falling	due within one year	22	15„613		32,600
Net current	assets						345,094	245,477
Total assets	less	current		liabilities			350,389	254,658
Net assets							350,389	254,658
Funds ofthe charity Restricted funds							19,605	38,900
Unrestricted	funds						330,784	215,758
Total charity	funds				23		350,389	254,658

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					F	F
	Donations
	Donations				41,463		41,463
	Grants
	Grants receivable				139,600	2,205	141,805
					181,063	2,205	183,268
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					E
	Donations
	Donations				64,869	17,400	82,269
	Grants
	Grants receivable				127,306	21,500	148,806
					192,175	38,900	231,075
6.	Charitable	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
							E
	School based	programmes		140,953	140,953	252,350	252,350
7.	Other trading		activities

			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021 f	Funds F	2020 F
	Fundraising	events	5,088	5,088	56,131	56,131
8.	Investment	income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			F			E
	Bank interest	receivable	245	245	448	448

9.	Other income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					F		E	F
	Other income				131,564	131,564	2,632	2,632
10.	Costs of raising donations			and legacies
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
					F
	Costs ofgenerating		income		78,200	78,200	85,540	85,540
11.	Expenditure	on charitable		activities	by fund type
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021 f
	School based	programmes				239,564	21,500	261,064
	Support costs					26,123		26,123
						265,687	21,500	287,187
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2020
	School based	programmes				375,657	1,013	376,670
	Support costs					25,903		25,903
						401,560	1,013	402,573

		Activities
		undertaken	Support	Total funds	Total fund
		directly	costs	2021	2020
School based	programmes	261,064		261,064	376,670
Governance	costs		26,123	26,123	25,903
		261,064	26,123	287,187	402,573

13.	Net income	Net income
	Net income is stated after		charging/(crediting):		2021	2020
					E	E
	Depreciation	oftangible fixed assets			8,341	11,040
14.	Independent	examination	fees		2021	2020
					E
	Fees payable Independent	to the independent examination ofthe		examiner for: financial statements	2,670	2,620

Staff costs	Staff costs	Staff costs	Staff costs
The total staff costs and employee					benefits for		the reporting	period are	analysed	as follows:
									2021		2020
											E
Wages and salaries									282,262		310,848
The average head count of employees						during	the year was	14(2020:	11).The	average	number
of full-time equivalent		employees		during		the year is analysed		as follows:	2021		2020
									No.		No.
Number	ofcharitable	activities staff								8	8
Number	ofcost ofgenerating		funds		staff					2	2
Number	ofgovernance	staff								1	1
										11	11

19.	Tangible fixe	d	asset	s
					Fixtures and		Motor
						fittings	vehicles	Equipment	Other plant	Total
							E	F		F
	Cost
	At 1 April 2020					1,567	309,760	14,013	19,697	345,037
	Additions							4,455		4,455
	Disposals							(3,168)	(1,143)	(4,311)
	At 31 March	2021				1,567	309,760	15,300	18,554	345,181
	Depreciation
	At 1 April 2020					1,567	309,760	13,031	11,498	335,856
	Charge for the		year					2,193	6,148	8,341
	Disposal							(3,168)	(1,143)	(4,311)
	At 31 March	2021				1,567	309,760	12,056	16,503	339,886
	Carrying amount
	At 31 March	2021						3,244	2,051	5,295
	At 31 March 2020							9.82	8,199	9,181
20.	Stocks
									2021	2020
									E	E
	Raw materials		and consumables						3,580	4,356
21.	Debtors
									2021	2020
									E
	Trade debtors								21,483	26,826
	Prepayments	and accrued income							2,933	2,916
	Other debtors								5,791	6,058
									30,207	35,800
22.	Creditors: amounts			falling due		within one year
									2021	2020
	Trade creditors								3,790	18,792
	Accruals and	deferred		income					5,180	4,453
	Social security		and other		taxes				6,643	9,355
									15,613	32,600

								At
			At	1	April 2020	Income	Expenditure	31 March 2021
						E	E	E
General	funds				215,758	458,013	(343,887)	330,784
								At
			At	1	April 2019	Income	Expenditure	31 March 2020
						E	E	E
General	funds				199,122	503,736	(487,100)	215,758
Restricted		funds
								At
			At	1	April 2020	Income	Expenditure	31 March 2021
					E		E
Restricted		Fund			38,900	2,205	(21,500)	19,605
								At
			At	1	April 2019	Income	Expenditure	31 March 2020
					E	E	E	E
Restricted		Fund			1,013	38,900	(1,013)	38,900

Analysis	of net as	sets between funds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
			E		E
Tangible Current	fixed assets assets		5,295 341,102	19,605	5,295 360,707
Creditors	less than	1 year	(15,613)		(15,613)
Net assets			330,784	19,605	350,389
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
			E	E	E
Tangible Current	fixed assets assets		9,181 239,177	38,900	9,181 278,077
Creditors	less than	1 year	(32,600)		(32,600)
Net assets			225,758	38,900	254,658

Year ended 31	March 2021
	2021	2020
	E	E
Income and endowments
Donations and legacies Donations	41,463	82,269
Grants receivable	141,805	148,806
	183,268	231,075
Charitable activities
School based programmes	140,953	252,350
Other trading activities Fundraising events	5)088	56,131
Investment income
Bank interest receivable	245	448
Other income
Other income	131,564	2,632
Total income	461,118	542,636

			Year ended 31 March	2021
				2021	2020
				f.
Expenditure
Costs of raising donations			and legacies
Opening stock				4,356	2,783
Books and materials				7,327	7,735
Closing stock				(3,580)	(4,356)
Staff and pensions				52,883	54,280
Office rent, rates and	related		expenses	2,529	2,926
Event expenses				1,376	7,774
Repairs and maintenance				130	2,486
Travelling expenses				54	87
Professional fees				320	296
Fundraising consultancy		costs		12,714	11,407
Photocopying and stationery			costs	91	122
				78,200	85,540
Expenditure on charitable			activities
Staff and pensions				229,379	256,568
Office rent, rates and	related		expenses	8,651	11,405
Training costs				(288)	1,222
Repairs and maintenance				4,996	46,834
Insurance				4,563	3,649
Licence fee to Coram	Life Education			19,120	15,806
Travelling expenses				3,095	21,711
Transport ofclassrooms		and	related expenses	1,325	25,516
Legal and professional		fees		5,197	4,814
Telephone				2,414	2,545
Sundry				394	1,463
Depreciation				8,341	11,040
				287,187	402,573
Total expenditure				365,387	488,113
Net income				95,731	54,523

		Year ended 31 March	2021
			2021	2020
				E
Costs of raising donations		and legacies
Costs ofgenerating Opening Stock Books and materials	income		4,356 7,327	2,783 7,735
Closing Stock Staff and pension Office rent, rates and	related	expenses	(3,580) 52,883 2,529	(4,356) 54,280 2,926
Event expenses Computer repairs and	consumables		1,376 130	7,774 2,486
Travelling expenses Professional fees			54 320	87 296
Fundraising consultancy costs			12,714	11,407
Photocopying and stationery		costs	91	122
			78,200	85,540
Costs of raising donations		and legacies	78,200	85,540

Notes to	t	he	Detailed Statement of Finan Year ended 31 March	cial Activities (continued) 2021
				2021	2020
				F	F
Expenditure on charitable			activities
School based programmes
Activities undertaken		directly
Staff and pensions				213,674	238,621
Office rent, rates and	related		expenses	5,627	7,764
Training costs				(288)	1,222
Repairs and maintenance				1,978	46,453
Insurance				4,563	3,649
Licence fee to Coram	Life Education			19,120	15,806
Travelling expenses				3,095	21,711
Transport ofclassrooms		and	related expenses	1,325	25,516
Professional fees				959	889
Telephone				2,289	2,553
Sundry				381	1,446
Depreciation				8,341	11,040
				261,064	376,670
Governance costs
Administrative salaries				15,705	17,947
Rent, rates, insurance	and light and heat			3,024	3,641
Office repairs, cleaning		and	consumables	3,018	381
Accountancy and professional fees				4,130	3,569
Administrative expenses				108	356
Office telephone and internet				125	(8)
Sundries				13	17
				26,123	25,903
Expenditure on charitable			activities	287,187	402,573