2020-08-31-accounts

				Page
Reference and administrative		details ofthe charity, its Trustees	and advisers
Trustees' report				2-6
Independent auditors'	report	on the financial statements		7-9
Statement offinancial	activities			10
Balance sheet
Statement ofcash flows				12
Notes to the financial	statements			13-24

REFERENCE AND	REFERENCE AND	REFERENCE AND	ADMINISTRATIVE	ADMINISTRATIVE	ADMINISTRATIVE	DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
			FOR		THE	YEAR ENDED 31 AUGUST 2020
Trustees			P Grant
			N Pulver
			C Weber
			B Isbell
			R Rogers
			B Kaufman		(resigned		25 August 2020)
			N Fawcett
			M Stubbs (resigned 25 August 2020)
			F Horwitz (appointed				13October 2020)
Company	registered
number			3631445
Charity registered
number			1072976
Registered		office	13 Furzehill		Road
			Borehamwood
			Hertfordshire
			WD6 2DG
Independent		auditors	Nyman Libson Paul LLP
			Chartered	Accountants
			Registered		Auditors
			124 Finchley Road
			London
			NW3 5JS
Bankers			Bank of Scotland
			14/16 Cockspur			Street
			London
			SW1Y5BL
			HSBC
			103Station		Road
			Edgeware
			Middlesex
			HA8 7JJ

				Unrestricted	Total	Total
				funds	funds	funds
				2020	2020	2019
			Note	F	E	E
Income from:
Charitable activities				930,178	930,178	1,156,965
investments				1,565	1,565	202
Other income				37,985	37,985
Total income				969,728	969,728	1,157,167
Expenditure on:
Charitable activities				878,383	878,383	971,850
Total expenditure				878,383	878,383	971,850
Net movement	in funds			91,345	91,345	185,317
Reconciliation	offunds:
Total funds brought		forward		1,510,537	1,510,537	1,325,220
Net movement	in funds			91,345	91,345	185,317
Total funds carried		forward		1,601,882	1,601,882	1,510,537

					2020		2019
			Note
Fixed assets
Tangible assets					841,753		846,694
					841,753		846,694
Current assets
Debtors			12	38,902		50,892
Cash at bank and	in	hand		775,250		715,244
				814,152		766,136
Creditors: amounts		falling due within one
year			13	(54,023)		(102,293)
Net current assets					760,129		663,843
Tota}net assets					1,601,882		1,510,537
Charity funds
Unrestricted funds
General funds			14	1,032,809		941,464
Revaluation reserve				569,073		569,0?3
Total unrestricted	funds				1,601,882		1,510,537
Total funds					1,601,882		1,510,537

					2020	2019
						F
Cash flows from operating		activities
Net cash	used in operating	activities			62,480	130,626
Cash flows from investing		activities
Purchase	oftangible fixed assets				(2,474)	(12,036)
Net cash	used in investing	activities			(2,474)	(12,036)
Change	in cash and cash	equivalents	in	the year	60,006	118,590
Cash and	cash equivalents	at the beginning		ofthe year	715,244	596,654
Cash and cash equivalents		at the end	of	the year	775,250	715,244
The notes on pages 13to 24 form part ofthese financial statements

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		E	E
Student	income	865,335	865,335	1,042,244
Clinic income		64,843	64,843	114,721
Total 2020		930,178	930,178	1,156,965

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		F	E	F
Bank	interest	1,565	1,565	202

6.	Other incoming	Other incoming	resources
				Unrestricted	Total	Total
				funds	funds	funds
				2020	2020	2019
					F	E
	Furlough	grant		37,985	37,985

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2020	2020	2020	2019
	E	E	E	E
Education	239,154	416,814	655,968	680,918
Clinical	155,903	34,810	190,713	240,292
Governance		31,702	31,702	50,640
Total 2020	395,057	483,326	878,383	971,850
Total 2019	471,557	500,293	971,850

				Total	Total
	Education	Clinical	Governance	funds	funds
	2020	2020	2020	2020	2019
		F	F	E
Staff costs	287,745	21,626		309,371	318,859
Rent, rates and insurance	79,839	6,000		85,839	52,895
Repairs and maintenance	10,092	758		10,850	16,450
Computer expenses	6,644	499		7,143	6,941
Advertising	2,875	216		3,091	16,663
Travel expenses	2,953	222		3,175	8,620
Telephone and fax	5,631	423		6,054	4,460
Printing, postage and stationary	2,950	222		3,172	5,822
Equipment rental	4,541	341		4,882	4,482
Other costs	10,579	795		11,374	7,686
Depreciation	2,965	3,708	742	7,415	7,528
Bookkeeping and accountancy			5,728	5,728	4,559
Auditor remuneration			7,860	7,860	9,786
Legal and professional			14,191	14,191	11,945
Bank charges			1,777	1,777	2,145
Bad debts provision			1,404	1,404	21,452
Total 2020	416,814	34,810	31,702	483,326	500,293
Total 2019	401,976	47,677	50,640	500,293

Staff costs
				2020	2019
				E
Wages and	salaries			528,591	576,349
Social security costs				32,419	17,281
Contribution	to defined	contribution	pension schemes	4,905	4, 171
				565,915	597,801

	2020	2019
	No.	No.
Education	10	12
Clinical	11	12
Administration	4	5
	25	29

	Freehold	Plant and	Fixtures and	Computer
	property	machinery	fittings	equipment	Total
	F			E
Cost or valuation
At 1 September 2019	815,382	88,313	92,477	17,386	1,013,558
Additions				2,474	2,474
At 31 August 2020	815,382	88,313	92,477	19,860	1,016,032
Depreciation
At 1 September 2019	2,882	75,330	82,504	6,148	166,864
Charge for the year		1,947	1,496	3,972	7,415
At 31 August 2020	2,882	77,277	84,000	10,120	174,279
Net book value
At 31 August 2020	812,500	11,036	8,477	9,740	841,753
At 31 August 2019	812,500	12,983	9,973	11,238	846,694

		2020	2019
		F	F
Cost		278,713	278,713
Accumulated	depreciation	(81,808)	(76,233)
		196,905	202,480

		2020	2019
			E
Due within one year
Trade debtors		27,588	49,117
Prepayments	and accrued income	4,118	1,775
Grants receivable		7,196
		38,902	50,892

			2020	2019
			E	E
Other creditors			7,600	5,701
Accruals	and deferred	income	46,423	96,592
			54,023	102,293

Stateme	nt	offunds - current year
			Balance at 1			Balance at
			September			31 August
			2019	Income	Expenditure	2020
				E
Unrestricted		funds
General	Funds		941,464	969,728	(878,383)	1,032,809
Revaluation		reserve	569,073			569,073
			1,510,537	969,728	(878,383)	1,601,882
Statement offunds - prior year
			Balance at			Balance at
			1 September			31 August
			2018	Income	Expenditure	2019
			E	E	E	E
Unrestricted		funds
General	Funds		756,147	1,157,167	(971,850)	941,464
Revaluation		reserve	569,073			569,073
			1,325,220	1,157,167	(971,850)	1,510,537

Analysis	of n	et assets between funds - current pe	riod
			Unrestricted	Total
			funds	funds
			2020	2020
			E
Tangible	fixed	assets	841,753	841,753
Current	assets		814,152	814,152
Creditors	due	within one year	(54,023)	(54,023)
Total			1,601,882	1,601,882

			Unrestricted	Total
			funds	funds
			2019	2019
			E
Tangible	fixed	assets	846,694	846,694
Current	assets		766,136	766,136
Creditors	due	within one year	(102,293)	(102,293)
Total			1,510,537	1,510,537

16.	Reconciliatio	n of n	et	movement	in funds	to net cash flow from opera	ting activities
							2020	2019
								F
	Net income for the period (as per				Statement	of Financial Activities)	91,345	185,317
	Adjustments	for:
	Depreciation	charges					7,415	7,528
	Decrease/(increase)		in debtors				6,216	(22,947)
	Decrease in	creditors					(48,447)	(39,272)
	Net cash provided		by operating		activities		56,529	130,626
17.	Analysis of	cash and		cash equivalents
							2020	2019
							E	F
	Cash in hand						775,250	715,244
	Total cash and cash			equivalents			775,250	715,244

						At 1
						September		At 31 August
						2019	Cash flows	2020
							E	E
Cash	at	bank	and	in	hand	715,244	60,006	775,250
						715,244	60,006	775,250

			2020	2019
			E	F
Not later than		1 year	38,066	38,066
Later than	1 year and not later than 5 years		57,205	95,271
			95,271	133,337