||Page|Page||
|---|---|---|---|
|Report ofthe Trustees||to|3|
|Report ofthe Independent<br>Auditors|4|to|5|
|Statement ofFinancial Activities||||
|Statement<br>ofFinancial Position||||
|Notes to thc Financial Statements|8|to|13|
|Detailed Statement of Financial Activities|14|to|15|





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||||||31.L21|31.8.20|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fund|funds|
|||||Notes||f|
|INCOME|AND ENDOWMENTS||FROM||||
|Donations|and legacies||||I34)379|)t0$05|
|Charitable|activities||||||
|Charitable|activities||||I)7?6,096|1,598,035|
|Other nxcome|||||16611|)/ 610|
|Total|||||~2876 86|167021)|
|EXIENMTURE ON|||||||
|Charitable<br>Charitable|activities<br>activities||||1,744,173|1,6I9,644|
|NET INCOME|||||131)813|50,61,5|
|RECONCILIATION||OFFUNDS|||||
|Total funds brought||forward|||152@47|10l,632|
|TOTAL|FUNDS CARMED FORWARD||||284 060|1)2247|





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||||6G S Khalsa|College Ltd||||||
|---|---|---|---|---|---|---|---|---|---|
||||Notes to thc Phtancial|Statements|- cotttlnucd|||||
||||for thc Year Ended 31August||2021|||||
||DONATIONS|AND LEGACIES|||||3L8.2I||31.8.20|
||Donations<br>Grants reccivablc||||||25<br>134354||2,310<br>3829S|
||||||||134379||4tl 605|
||Grants received, included||in the above, are as follows:|||||||
||||||||31821||31820|
||Other grants||||||~134 354||38395|
|3.|INCOME FROM CHARITABLE ACTIVITIES||||||31.$.21||3I.8.20|
||||||||Charitable||Total|
||||||||activities|.|activities|
||||||||1 '726 096||~159i~035|
|4,„'|OTHER INCOME||||||31.821||31,820|
||Exam ke and registration||||||16,790<br>~I'2~79||27,585<br>1<br>4034|
||Extra-curricular<br>activity|||||||||
||||||||15+11||31619|
|5.|CHARITABLE ACTWITKS COSTS||||||Support|||
|||||||Direct|costs (see|||
|||||||Costs|note 6)||Totals|
|||||||f,||||
||||||1|491095|~253 078||~l744~173|
||Charitable|activities||||||||





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|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
|||Advertising|costs|Totals|
|Charitable<br>activities||1254|251 824|253 078|
|NET INCOMR/(EXPKiNDITURE)|||||
|Net incotne/(expenditure)|is stated aller charging/(crediting);||||
||||31.8.21|31.8.20|
|||||E|
|Depreciation - owned assets|||39679|32905|



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||||M.$21|31.8.20|
|---|---|---|---|---|
|Wages and saiarics<br>Social security casts|||N107t0l<br>~70<br>66|950/07<br>85,200|
||||~1040 27|103S,S07|
|The average monthly|number ofetuplayecs|during the year was as follows:|||
||||3I,8,21|3I.8.20|
||||47|S4|





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|10.|TANG18LE FIXEDASSETS<br>huproveinents<br>to<br>property|TANG18LE FIXEDASSETS<br>huproveinents<br>to<br>property|I'ixtures<br>aud<br>fittings|Motor<br>vehicles|Coinputer<br>erlulpllEcut|Totals|
|---|---|---|---|---|---|---|
||COST||||||
||At. 1 Septen&ber 2020 and<br>31 August 2021|509336|84 541|122 410|89460|805 '755|
||DEPRECIATION<br>At 1 September 2020<br>Charge for year|401,433<br>26 975|729892<br>~2913|989775<br>5911|73,942<br>3880|6)47,042<br>39679|
||At 31 August 2021|428 408||104686||686721|
||NETBOOK VALUE<br>At31 August2021|Il 928|8736|17 732|11638|~119034|
||At31Auy,tst 2020|107903|ll 649|23,643|15 51&|1|
|11.|DEIiTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||31.L21|31.8.20|
||||||~49<br>4|~46 625|
||Other debtors||||||
|12,|CREDITOSS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||31.8.21|31.820|
|||||||E|
||||||48/99|]27205|
||Social security and other taxes<br>Other creditors||||13,007<br>143 '721|83,IR9<br>26858|
||Accruals and deferred|income|||||
||||||20 027|237 52|
||MOVEMENT IN ItUNDS||||Net||
||||||nloveluent|At|
|||||At 1.9.20|iu funds|3L821|
||Unrestricted<br>funtls<br>General<br>f'uud|||152$,47|131,813|284,060|
||'fOTAI IrUMN|||152247|~15l 813.|~284 060|





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|Net movetnent|in funds, in|cl|ude|d<br>in tl)e above are as follows:||||
|---|---|---|---|---|---|---|---|
||||||Incoln Ulg|sources|Movement|
||||||resources|expended<br>E|hl funds<br>f|
|Unrestricted<br>General<br>fund|funds||||1,875,986|(19744917&)|131,8l9|
|TOTAL FUNDS|||||16759116|~574~4775)||
|Comparativcs|1'or ntovement|||in funds||||
|||||||Net||
|||||||movement|At|
||||||At 1.9.19|in finds|31.8.20|
||||||f||E|
|Unrestricted|funtls|||||||
|General fond|||||101,632|50,615|152,247|
|TOTAL FUNDS|||||101632|50,615|152,247|
|Comparative|net movement||in|funds, inch)ded in the above are|as follows:|||
||||||InCOGlillg|1&esources|Movement|
||||||resources|expended|Ul funds|
|Unrestricted<br>General fund|funds||||1,670,259|(1,619,644)|50,6ls|
|TOTAL FUNDS|||||1,670259|~1619644)|50.615|
|A current year 12months||and||prior year 12 months combined|position ls as follows,:|||
|||||||Net||
|||||||movcuEent|At|
||||||At 1.9,19<br>f|)n lands<br>E|3L821|
|Unrestricted|funds|||||||
|General<br>htnd|||||101,632||2&4,060|
|TOTAL I44DS|||||101,632|152,420|204,060|





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|A current yea<br>as follows:|r l2 months<br>and prior year i|months<br>comtc<br>ne <br>|||
|---|---|---|---|---|
|||incoming<br>resources|Resources<br>expended|Moverncnt<br>in fluids|
|UnrcNrlctcd<br>General fhod|funds|3,546P4S|(3,363818|182$2S|
|TOTAL FUN)S||4g|~363 80)|)82428|



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|||<br>1'orthcYear Ended 31August 2021|||
|---|---|---|---|---|
||||31.8.21|31.8.20|
|INCOME AND E&NDO%MRNTS|||||
|Donations<br>«'nd legacies<br>Donations||||2,310|
|Grants receivable|||134354||
||||134@79|40605|
|Charitable<br>activities<br>Term fees|||1,726,096|1,598,035|
|'Other income<br>Exam fee and registration<br>Extra-cumcular<br>activity|||16,790<br>~12'&9|27,585<br>4 034|
|Total Incoming resources|||1+75,986|I,670'59|
|EXPENDIT'URK|||||
|Charitable<br>activities|||||
|Staff costs - wages &salaries<br>Staff costs - social security<br>Rent &rates|||961,761<br>78,566<br>72,780|950,307<br>85,200<br>60,207|
|Insurance<br>Transport<br>Study malerials &exam fees<br>Property maintenance<br>and repairs<br>Cateriltg<br>Utilities|||26)850<br>94,756<br>98,358<br>41i148<br>48/97<br>28,901|19,645<br>111,529'<br>115,442<br>71,990<br>33,421<br>21,627|
|Other||||2,313|
|Donation|||99|75|
|Bad debts||||17,670|
|Improvements<br>to property<br>Fixtures and fittings<br>Motor vehicles|||26,975<br>2)913<br>5,911|35,967<br>3,884<br>7,881|
|Computer<br>equipment|||3«80|5,l73|
||||1,49&,095|1,542,331|
|Support costs|||||
|Advertising|||||
|Advertising|||||
|Governance<br>cost»|||||
|Telephone<br>Carried forward|||13,414|17,130<br>17',l30|





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|Governance|costs|
|---|---|
|Brought forward||
|Postage and stationery||
|Accountancy|t'ees|
|Audit fees||
|Legal fees||
|IralnUlg||
|Bank cltarges||
|Commission|paid|
|.Discount expense||
|Total resources expended||
|.Net lneoma||



|3I.8.21|3t.8.20|
|---|---|
||S.|
|13/14|17,130|
|11,699|II,675|
|4,620|2,400|
||15,660|
|4P38|6,090|
|10471|I3,959|
|2,499|2,345|
|1)299|1,200|
|303584|6495|
|iS&334|76954|
|1744 173||
|~131 13|50615|