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2021-08-31-accounts

Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 9
Independent
Examiner's
Report
10 to 11
Statement
of Financial Activities
12
Balance Sheet 13 to 14
Notes to the Financial Statements 15 to 20

country
and also incl
udes those for 2021 udes those for 2021 . .
2019-20 2020-21 2021-22
FS RF FS RF FS RF
Armenia 2 3 4 4 3 2
Bosnia
Herzegovina
Bulgaria
Czech Republic
Estonia
Georgia
Croatia
Latvia 1
Moldova 5 1 5 4
Montenegro 5 2 4 4
North Macedonia 4 1 3 1
Romania 8 2 4 1 6 2
Serbia 5 3 3 3 4 2
Slovakia 5 4 2 3 5 4
Ukraine 3 1 6 2 3 4
Tota
I
55 41 49 29 53 28

GDP
ppp (ppp)
(world per
positio capita in
Country n)
Int. 5
United states 8 63.5
United Kingdom 27 44.9
Czech Republic 33 41.7
Estonia 40 38.4
Latvia 47 32.0
Romania 48 31.9
Slovak Republic 45 31.4
Croatia 54 28.5
Bulgaria 60 24.4
Montenegro 67 20.6
Serbia 71 19.2
North Macedonia 79 16.9
Bosnia and
Herzegovina 82 15.6
Georgia 83 14.9
Armenia 96 13.3
Ukraine 91 13.1
Moldova 94 13.0

FOR THE YEAR ENDE D 31AUG UST 2021
2021 2020
Unrestricted Tota I
fund funds
Notes f f
INCOME AND ENDOWMENTS FROM
Donations
and legacies
5,387 2,667
Charitable
activities
Scholar selection
and
placement 84,950 123,443
Investment
income
262 1,260
Total 90,599 127,370
EXPENDITURE ON
Charitable
activities
Scholar selection
and
placement 61,218 83,993
NET INCOME 29,381 43,377
RECONCILIATION
OF
FUNDS
Total funds brought forward 168,353 124,976
TOTAL FUNDS CARRIED FORWARD 197,734 168,353

BALANCE SHEET
31AUGUST 2021
2021 2020
Unrestricted Total
fund funds
Notes E E
FIXED ASSETS
Tangible assets 533 87
CURRENT ASSETS
Debtors 3,590 21,420
Cash at bank 276,464 196,716
280,054 218,136
CREDITORS
Amounts
falling due within one year
(82,853) (49,870)
NET CURRENT ASSETS 197,201 168,266
TOTAL ASSETS LESSCURRENT
LIABILITIES 197,734 168,353
NET ASSETS 197,734 168,353
FUNDS 10
Unrestricted
funds
197,734 168,353
TOTAL FUNDS ~197734 ~168353

The average monthly
number
of employees
during the year was as follo
ws:
2021 2020
COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
2,667
Charitable
activities
Scholar selection and placement 123,443
Investment
income
1,260
Total 127,370
EXPENDITURE ON
Charitable
activities
Scholar selection and placement 83,993
NET INCOME 43,377

6. COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
f
RECONCILIATION
OF FUNDS
Total funds brought forward 124,976
TOTAL FUNDS CARRIED FORWARD ~168353
7. TANGIBLE FIXEDASSETS
Fixtures
and Computer
fittings
f
equipment
f
Tota Is
f
COST
At 1September 2020 1,728 259 1,987
Additions 799 799
At 31August 2021 1,728 1,058 2,786
DEPRECIATION
At 1September 2020 1,728 172 1,900
Charge for year 353 353
At 31August 2021 1,728 525 2,253
NET BOOK VALUE
At 31August 2021 533 533
At 31August 2020 87 87

8. DEBTORS:AMOUNTS DEBTORS:AMOUNTS DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR
2021 2020
E E
Other debtors 3,206
Prepayments 3,590 18,214
3,590 21,420
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
f f
Accrued income 70,283 47,976
Accrued expenses 12,570 1,894
~82 853 ~49 870
10. MOVEMENT IN FUNDS
Net
movement At
At 1.9.20 in funds 31.8.21
f f f
Unrestricted funds
General fund 168,353 29,381 197,734
TOTAL FUNDS ~168353 ~29 381 ~197734
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E f E
Unrestricted funds
General fund 90,599 (61,218) 29,381
TOTAL FUNDS 90599 ~61218) 29381

Net
movement At
At 1.9.19 in funds 31.8.20
E E E
Unrestricted funds
General fund 124,976 43,377 168,353
TOTAL FUNDS 124,976 ~43 377 168,353
Incoming Resources Movement
resources expended in funds
E E E
Unrestricted funds
General fund 127,370 (83,993) 43,377
TOTAL FUNDS 127,370 ~83,993) 43,377