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|Report ofthe Trustees|1to5|
|Statement ofTrustees Responsibilities||
|Statement ofFinancial Activities||
|Balance Sheet|8to9|
|Notes to the Financial Statements|10to 14|
|Detailed Statement ofFinancial Activities|15to 16|
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|The|overall d|eficit for the year was red|uced considerably
by|the fundraising
activi|ties:||
|---|---|---|---|---|---|---|
||||||31.08.20
f|31.08.19|
|Net
Net|operating
incoming|deficit before fundraising
resources from all other|activities (as shown
activities|in note above)|(16,172)
31922|(51,514)
27,046|
|Net|profit/loss|for the year|||15756|~24 468))|
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||||31.820|31.8.19|
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
|||Notes||f|
|INCOMING RESOURCES|||||
|Incoming resources from generated|funds||||
|Donations
and legacies|||12,673|14,222|
|Other trading activities|||44,770|36,705|
|Incoming resources from charitable|activities||||
|Tuition ®istration|||55995|36058|
|Total incoming
resources|||113,43$|86,985|
|RESOURCES EXPENDED|||||
|Costs ofgenerating
funds|||||
|Raising funds|||25,521|23,881|
|Charitable
activities|||||
|School running
costs|||72 167|87572|
|Total resources expended|||97,688|111,453|
|NET INCOMING/(OUTGOING)|||||
|RESOURCES|||15,750|(24,468)|
|RECONCILIATION OF FUNDS|||||
|Total funds brought forward|||15,663|40,131|
|TOTAL FUNDS CARRIED FORWARD|||31413|15,663|
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|||31.820|31.8.19|
|---|---|---|---|
|||Unrestricted|Total funds|
|||fund||
||Notes|||
|CURRENT ASSETS||||
|Debtors||4,023|3,655|
|Cash at bank and in hand||~27618|~12 008|
|||31,641|15,663|
|CREDITORS||||
|Amounts
falling due within one year||228||
|NET CURRENT ASSETS||~31413|~15663|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||31,413|15,663|
|NET ASSETS||~31 413|15,663|
|THE FUNDS OF THE CHARITY||||
|Unrestricted
funds||~31413|~15663|
|TOTAL FUNDS||~31 413|~15 663|
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|INCOMING|RESOURCES FRO|M GENERATED FUNDS - UN|RESTRICTED||
|---|---|---|---|---|
||||31.8.20|31.8.19|
|Donations
and legacies|||12,673|14,222|
||||31.820|31.8.19|
|Other trading|activities|||f|
|Miscellaneous|events||4/85|2,689|
|Tuck Shop|||4/05|3,117|
|Annual
dinner|and dance||18,036|10,193|
|Advertisements|for events||13/10|8,600|
|BBQand associated events|||4034|12 I06|
||||44,770|36,705|
|NET INCOMING/(OUTGOING)||RESOURCES|||
|Net resources are stated after charging/(crediting):|||||
||||31.8.20|31.8.19|
|Depreciation -|owned assets|||303|
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|||31.08.20|31.08.19|31.08.19|
|---|---|---|---|---|
|Salaries|and Social security costs|46431|~34|12|
|Average|Number ofemployees|17||16|
|Government|ofthe Republic ofCyprus funded
1 fully funded t|eacher and 9part funded teachers|as follows:|
|---|---|---|---|
|||31.08.20|31.08.19|
|Total teaching|hours funded|1950|1,330|
|Approximate|average cost per hour|RIS|513|
|Approximate|value offunded teaching costs|035100|623 940|
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||||31.820|31.8.19|
|---|---|---|---|---|
|||||f|
|Tuition|®istration|fees|3,405|3,405|
|Rent deposit|||250|250|
|Furlough|grant monies||368||
||||~4023|3,655|
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|7.|CREDITORS|: AMOU|NTS FALLING|DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||31.8.19|31,8,19|
||Other creditors||||28||
||Social security|and other|taxes||200||
||Accrued expenses||||||
||||||228||
|8.|OPERATING|LEASE|COMMITMENTS||||
||The following|operating|lease payments|are committed to be paid within one year:|||
||||||31.820|31.8.19|
||Expiring:||||||
||In more than five years||||~27 692|27,692|
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|||||Net|||
|---|---|---|---|---|---|---|
|||||movement
in|||
||||At 1.9.19|funds|At31820||
|Unrestricted|funds||||||
|General fund|||15,663|15,750|31,413||
|TOTAL FUNDS|||~15 663|~15 750|~31|413|
|Net movement|in funds, included|in the above are as follows:|||||
||||Incoming|Resources|Movement|in|
||||resources|expended|funds||
|Unrestricted|funds||||||
|General fund|||113,438|(97,688)|15,750||
|TOTAL FUNDS|||113435|~97555)|15|750|
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||||||31.8.20|31.8.19|
|---|---|---|---|---|---|---|
|INCOMING RESOURCES|||||||
|Voluntary
income|||||||
|Donations
and sponsorships|||||~12 673|14,222|
||||||12,673|14,222|
|Activities for generating||funds|||||
|Miscellaneous
events|||||4/85|2,689|
|Tuck Shop|||||4+05|3,117|
|Annual
dinner and dance|||||18,036|10,193|
|Advertisements
for events|||||13@10|8,600|
|BBQand Associated|events||||~4834|~12 106|
||||||44,770|36,705|
|Incoming resources|from|charitable||activities|||
|Tuition &,registration|fees||||55,995|36,058|
|Interest Received|||||||
|Total incoming
resources|||||113,438|86,985|
|RESOURCES EXPENDED|||||||
|Costs ofgenerating|voluntary||income||||
|Tuck shop|||||2,831|3,269|
|Annual
dinner &dance|||||17,149|14,588|
|BBQand associated events||Costs|||3,084|4,303|
|Other events costs|||||2,457|1,720|
||||||25+21|23,880|
|Support costs|||||||
|Management|||||||
|Wages and salaries|||||46,431|52,545|
|Rent &Rates|||||22,996|26/03|
|Insurance|||||188|I,162|
|Carried forward|||||69,615|79,910|
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||31.820|31.820|31.8.19|
|---|---|---|---|
||K|||
|Management||||
|Brought forward|69,615||79,910|
|Bank charges|||4|
|School magazine|||109|
|Postage and stationery|||2,798|
|Miscellaneous
costs||216|3,960|
|Accountancy
fees||216||
|Repairs &maintenance|||489|
|Discounts on tuition fees allowed|2,120|||
|Fixtures and fittings|||303|
||~72|167|87,573|
|otal resources expended|97,688||111,453|
|et expenditure|~15,750)||24,468|