## ## ## ## ||||||Page| |---|---|---|---|---|---| |Trustees'
annual
report (incorporating
the|||director's|report)|| |Independent
examiner's
report||to the trustees|||| |Statement
of financial|activities|(including|income and||| |expenditure
account)|||||| |Statement
of financial|position||||10| |Notes to the financial|statements||||| |The following
pages|do not form part of the financial statements||||| |Detailed statement
of|financial|activities|||21| |Notes to the detailed|statement|of financial|activities||| ## ## ## ## ## ## ## ## ## ## ## ## |Reference|and administrative|and administrative|details| |---|---|---|---| |Registered|charity|name|Life Education Wessex| |Charity registration||number|1071094| |Company|registration
number||03585850| |Principal office and||registered|47 Boutport Street| |office|||Barnstaple| ||||Devon| ||||EX31 1SQ| |The trustees|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Year end|ed 31 March|2022||| |---|---|---|---|---|---|---|---| ||||||2022||2021| |||||Unrestricted|Restricted||| |||||funds|funds|Total funds|Total funds| ||||Note||||E| |Income and endowments|||||||| |Donations
and legacies|||5|115,770|1,000|116,770|183,268| |Charitable
activities|||6|267,471||267,471|140,953| |Other trading
activities|||8|44,739||44,739|5,088| |Investment
income|||9|229||229|245| |Other income|||10|33,338||33,338|131,564| |Total income||||461,547|1,000|462,547|461,118| |Expenditure|||||||| |Expenditure
on raising funds:|||||||| |Costs of raising donations||and|||||| |legacies|||11|90,529||90,529|78,200| |Expenditure
on charitable|activities||12,13|291,283|2,205|293,488|287,187| |Total expenditure||||381,812|2,205|384,017|365,387| |Transfers
between
funds||||17,400|(17,400)||| |Net income and net movement||in|funds|97,135|(18,605)|78,530|95,731| |Reconciliation
offunds|||||||| |Total funds brought
forward||||330,784|19,605|350,389|254,658| |Total funds carried forward||||427,919|1,000|428,919|350,389| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |5.|Donations|and legacies||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2022| ||Donations|||||| ||Donations|||33,763||33,763| ||Grants|||||| ||Grants receivable|||82,007|1,000|83,007| |||||115,770|1,000|116,770| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2021| ||Donations|||||| ||Donations|||41,463||4l,463| ||Grants|||||| ||Grants receivable|||139,600|2,205|141,805| |||||181,063|2,205|183,268| |6.|Charitable|activities||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds|2022|Funds|2021| ||||P|E||P| ||School based programmes||267,471|267,471|140,953|140,953| ## ## ## |||Unrestricted|Total|Funds|Unrestricted|Total|Funds| |---|---|---|---|---|---|---|---| |||Funds||2022|Funds||2021| |||||E|||| |Fundraising|events|44,739||44,739|5,088||5,088| ## ## ## ## ## |9.|Investment
i|nc|ome|||||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted||Total Funds|Unrestricted|Total Funds| ||||||||Funds|2022|Funds|2021| |||||||||P.||| ||Bank interest|receivable|||||229|229|245|245| |10.|Other income|||||||||| |||||||Unrestricted||Total Funds|Unrestricted|Total Funds| ||||||||Funds|2022|Funds|2021| ||||||||||E|| ||Gain on disposal||of|tangible|assets||10,132|10,132||| ||Other income||||||23,206|23,206|131,564|131,564| ||||||||33,338|33,338|131,564|131,564| |11.|Costs of raising||donations||and legacies|||||| |||||||Unrestricted||Total Funds|Unrestricted|Total Funds| ||||||||Funds|2022|Funds|2021| ||||||||||E|| ||Costs of generating|||income|||90,529|90,529|78,200|78,200| |12.|Expenditure|on|charitable||activities|by fund|type|||| |||||||||Unrestricted|Restricted|Total Funds| |||||||||Funds|Funds|2022| |||||||||||E| ||School based|programmes||||||262,712|2,205|264,9'I7| ||Support costs|||||||28,571||28,571| |||||||||291,283|2,205|293,488| |||||||||Unrestricted|Restricted|Total Funds| |||||||||Funds|Funds|2021| |||||||||||E| ||School based|programmes||||||249,564|11,500|261,064| ||Support costs|||||||26,123||26,123| |||||||||275,687|11,500|287,187| ## ## ## ## ## ||||||||||||Activities|Activities|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||undertaken||Support|Total funds||Total fund|| |||||||||||||directly|costs||2022||2021| ||||||||||||||||C||| ||School based programmes|||||||||||264,917|||264,917||261,064| ||Governance||costs||||||||||28,571||28,571||26,123| |||||||||||||264,917|28,571||293,488||287,187| |14.|Net income||||||||||||||||| ||Net income|is stated|||after||charging/(crediting):||||||||||| ||||||||||||||||2022||2021| ||||||||||||||||f||| ||Depreciation||of tangible|||fixed assets|||||||||5,037||8,341| ||Gains on disposal|||of tangible
fixed||||||assets|||||(10,132)||| ||||||||||||||||(5,095)||8,341| |15.|Independent||examination|||||fees|||||||||| ||||||||||||||||2022||2021| ||Fees payable||to the independent||||||examiner for:||||||||| ||Independent||examination||||of|the financial|||statements||||2,670||2,670| |16.|Staff costs||||||||||||||||| ||The total staff||costs and|||employee||||benefits for the reporting|||period are||analysed
as|follows:|| ||||||||||||||||2022||2021| ||||||||||||||||E||| ||||||||||||||||295,332||282,262| ||The average||head|count||of||employees|||during|the year was|13(2021:||11).The average||number| ||of full-time|equivalent|||employees||||during||the year is analysed||as follows:||||| ||||||||||||||||2022||2021| ||||||||||||||||No.||No.| ||Number
of|charitable|||activities staff||||||||||7||8| ||Number
of|cost of||generating||||funds||staff|||||2||2| ||Number
of|governance|||staff||||||||||1||| ||||||||||||||||10||11| ## ## ## ## ## ## ## |18.|Tangible fix|ed|assets|||||| |---|---|---|---|---|---|---|---|---| |||||Fixtures and|Mobile|||| |||||fittings|Classrooms|Equipment|Other plant|Total| |||||E|E||E|| ||Cost|||||||| ||At 1 April 2021|||1,567|309,760|15,300|18,554|345,181| ||Additions|||||3,688||3,688| ||Disposals||||(309,760)|(7,511)||(317,271)| ||At 31 March|2022||1,567||11,477|18,554|31,598| ||Depreciation|||||||| ||At 1 April 2021|||1,567|309,760|12,056|16,503|339,886| ||Charge for the||year|||2,986|2,051|5,037| ||Disposals||||(309,760)|(7,508)||(317,268)| ||At 31 March|2022||1,567||7,534|18,554|27,655| ||Carrying
amount|||||||| ||At 31 March|2022||||3,943||3,943| ||At 31 March 2021|||||3,244|2,051|5,295| |19.|Stocks|||||||| ||||||||2022|2021| ||Raw materials||and consumables||||593|3,580| |20.|Debtors|||||||| ||||||||2022|2021| ||Trade debtors||||||33,036|21,483| ||Prepayments|and accrued income|||||2,972|2,933| ||Other debtors|||||||5,791| ||||||||36,008|30,207| ## ## ## ## ## |||2022|2021| |---|---|---|---| |Trade creditors||667|3,790| |Accruals and deferred|income|3,189|5,180| |Social security and other taxes||15,796|6,643| |||19,652|15,613| ## |General|funds| |---|---| |General|funds| |At|1|April 2021|Income|Expenditure|Transfers|At 31 March 2022| |---|---|---|---|---|---|---| ||||F|||| |||330,784|461,547|(381,812)|17,400|427,919| |At|1|April 2020|Income|Expenditure|Transfers|At 31 March 2021| |||225,?58|458,913|(353,887)||330,784| |ricted funds||||||| |---|---|---|---|---|---|---| |||At 1 April||||| |||2021|Income|Expenditure|Transfer|At 31 March 2022| |||E|||E|| |Waking
Relief-In-Need||1,890||(1,890)||| |Somerset Community||||||| |Foundation||315||(315)||| |Unknown||17,400|||(17,400)|| |Bicester Village —Make||||||| |a difference|||1,000|||1,000| |Total Restricted Funds||19,605|1,000||(17,400)|1,000| ||At|1 April 2020|Income|Expenditure|Transfer|At 31 March 2021| |Woking Relief-In-Need|||1,890|||1,890| |Somerset Community||||||| |Foundation||1,500|315|(1,500)||315| |Unknown||17,400||||17,400| |National
Grid||10,000||(10,000)||| |Prior Year Adjustment||10,000||(10,000)||| |Total Restricted Funds||38,900|2,205|(21,500)||19,605| ## ## ## ## ## |Analysis
of net as|sets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |||||E| |Tangible fixed assets||3,943||3,943| |Current assets||443,628|1,000|444,628| |Creditors less than|1 year|(19,652)||(19,652)| |Net assets||427,919|1,000|428,919| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| |Tangible fixed assets||5,295||5,295| |Current assets||341,102|19,605|360,707| |Creditors less than|1 year|(15,613)||(15,613)| |Net assets||330,784|19,605|350,389| ## ## ## ## ||2022|2021| |---|---|---| |Income and endowments||| |Donations
and legacies||| |Donations|33,763|41,463| |Grants receivable|83,007|141,805| ||116,770|183,268| |Charitable
activities||| |School based programmes|267,471|140,953| |Other trading activities||| |Fundraising
events|44,739|5,088| |Investment
income||| |Bank interest
receivable|229|245| |Other income||| |Gain of disposal
of tangible assets|10,132|| |Otherincome|23,206|131,564| ||33,338|13l,564| |Total income|462,547|461,118| ## ## ## ## |De|ta|ile|d Statement
of Financial
Year ended 31 March|Activities
(continued)
2022|| |---|---|---|---|---|---| |||||2022|2021| |Expenditure|||||| |Costs of raising donations|||and legacies||| |Opening
stock||||3,580|4,356| |Books and materials||||2,859|7,327| |Closing stock||||(593)|(3,580)| |Staff and pensions||||58,998|52,883| |Office Rent, rates, and|related expenses|||2,318|2,529| |Event expenses||||8,118|1,376| |Repairs and maintenance||||188|130| |Travelling
expenses||||151|54| |Professional
fees||||356|320| |Fundraising
consultancy||costs||13,860|12,714| |Photocopy
and stationery||costs||694|91| |||||90,529|78,200| |Expenditure
on charitable|||activities||| |Staff and pensions||||236,334|229,379| |Office rent, rates and related|||expenses|8,065|8,651| |Training costs||||(8l0)|(288)| |Repairs and maintenance||||3,440|4,996| |Insurance||||2,457|4,563| |Licence fee to Coram
Life Education||||19,188|19,120| |Travelling
expenses||||10,215|3,095| |Transport
of classrooms||8 related expenses||143|1,325| |Legal and professional|fees|||6,373|5,197| |Telephone||||2,708|2,414| |Sundry||||338|394| |Depreciation||||5,037|8,341| |||||293,488|287,187| |Total expenditure||||384,017|365,387| |Net income||||78,530|95,731| ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| ||||||E| |Costs of raising donations|||and legacies||| |Costs of generating|income||||| |Opening
Stock||||3,580|4,356| |Books and materials||||2,859|7,327| |Closing Stock||||(593)|(3,580)| |Staff and pension||||58,998|52,883| |Office rent, rates and|related||expenses|2,318|2,529| |Event expenses||||8,118|1,376| |Computer
repairs and|consumables|||188|130| |Travelling
expenses||||151|54| |Professional
fees||||356|320| |Fundraising
consultancy||costs||13,860|12,714| |Photocopying
and stationery|||costs|694|91| |||||90,529|78,200| |Costs of raising donations|||and legacies|90,529|78,200| ## ## ## ## ||||||Year ended 31 March|2022|| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||E|E| |Expenditure|on charitable||||activities||| |School based programmes|||||||| |Activities undertaken|||directly||||| |Staff and pensions||||||217,573|213,674| |Office rent, rates and||related|||expenses|5,793|5,627| |Training costs||||||(810)|(288)| |Repairs and|maintenance|||||387|1,978| |insurance||||||2,457|4,563| |Licence fee to Coram||Life Education||||19,188|19,120| |Travelling
expenses||||||10,215|3,095| |Transport
of|classrooms||and||related expenses|143|1,325| |Professional|fees|||||2,134|959| |Telephone||||||2,484|2,289| |Sundry||||||316|381| |Depreciation||||||5,037|8,341| |||||||264,917|261,064| |Governance|costs||||||| |Administrative|salaries|||||18,761|15,705| |Rent, rates, insurance||and light and heat||||2 272|3,024| |Office repairs,|cleaning||and|consumables||3,053|3,018| |Accountancy|and professional||||fees|3,769|4,130| |Administrative|expenses|||||470|108| |Office telephone
and internet||||||224|125| |Sundries||||||22|13| |||||||-28,571|26,123| |Expenditure|on charitable|||activities||293,488|287,187|