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|Directors||AKGreen||
|---|---|---|---|
|||D Salazar Escallon||
|||G P Ferendinos||
|||KBallard||
|||JPeterson||
|||BHibon||
|||D Keohane||
|||M Eriksen||
|||M Conley-Green||
|||LBuckle||
|Treasurer||D Salazar Escallon||
|Principal Office||Woodlands||
|||90Mycenae Road||
|||Blackheath||
|||London||
|||SE37SE||
|Registered|Office|Wellesley House||
|||Duke ofWellington|Avenue|
|||Royal Arsenal||
|||London||
|||SE18 6SS||
|Auditors||Simpson Wreford LLP||
|||Wellesley House||
|||Duke ofWellington|Avenue|
|||Royal Arsenal||
|||London||
|||SE18 6SS||
|Company
Number|Registration|03720000(England|k Wales)|
|Registered|Charity|||
|Number||1075981||
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||||||2020|2019|
|---|---|---|---|---|---|---|
|||Notes|Unrestricted|Unrestricted|Total|Total|
||||funds|funds|funds|funds|
|||||designated|||
||||K||||
|Income and endowments|||||||
|Donations
and legacies|||12,180||12,180|10,265|
|Grant income|||36,965||36,965||
|Other trading activities|||19/68||19/68|19,197|
|Investments|||545||545|2|
|Charitable
activities|||1,481,004||1,481,004|1,338,363|
|Total income|||1,549,962||1,549,962|1,367,827|
|Expenditure|||||||
|Raising funds|||2,883||2,883|5,961|
|Charitable
activities|||1,441,377|7,436|1,448,813|1,319,177|
|Total expenditure|||1,444/60|7,436|1,451,696|1,325,138|
|Net income/(expenditure)|||105,702|(7,436)|98,266|42,689|
|Reconciliation of|funds||||||
|Total funds brought|forward||(277,966)|1,031,557|753,591|710,902|
|Total funds carried forward|||(172,264)|1,024,121|851,857|753,591|
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|||||Notes|2020|2019|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets|||||2,987,974|3,012,141|
|Current assets|||||||
|Debtors|||||91,036|134,217|
|Cash at bank and in||hand|||311,886|249,978|
||||||402,922|384,195|
|Creditors:|amounts|falling due within one year||7|(394,493)|(502,559)|
|Net current|assets||||8,429|(118,364)|
|Total assets less current liabilities|||||2,996,403|2,893,777|
|Creditors:|amounts|falling due after more than|||||
|one year|||||(2,144,546)|(2,140,186)|
|Total assets less liabilities|||||851,857|753,591|
|Funds|||||||
|Unrestricted|general|funds|||(172,264)|(277,966)|
|Unrestricted|revaluation||reserve||1,024,121|1,031,557|
||||||851,857|753,591|
|Total funds|||||851,857|753,591|
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||||2020|2019|
|---|---|---|---|---|
||||Total|Total|
|||Notes|Funds|Funds|
|Cash flows Irom operating
activities:
Net cash provided
by (used in) operating|activities||147,246|195,907|
|Cash flows f'rom investing
activities:
Dividends,
interest and rents from investments
Purchase ofproperty
plant and equipment
Net cash provided
by (used in) investing|activities||545
(16,182)
(15,637)|2
(4,566)
(4,564)|
|Cash flows f'rom financing
activities:
Interest expense
Net cash provided
by (used in) financing|activities||(69,701)
(69,701)|(75,679)
(75,679)|
|Change
in cash and cash equivalents
in the reporting
period
Cash and cash equivalents
at the beginning ofthe reporting period
Cash and cash equivalents
at the end ofthe reporting period|||61,908
249,978
311,886|115,664
134,314
249,978|
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|||2020|||
|---|---|---|---|---|
|||Unrestricted|Total|2019|
|||K|||
|Donations
and|legacies||||
|Cirants
Donations||36,965
12,180|36,965
12,180|10,265|
|Total||49,145|49,145|10,265|
|Other trading
Fundraising|activities|19,268|19/68|19,197|
|Inve stme nts|||||
|Interest received||545|545||
|Charitable
activitie s
Fees
Other income||1,456,278
24,726|1,456/78
24,726|1,328,441
9,922|
|Total||1,481,004|1,481,004|1338363|
|Total incoming resources||1,549,962|1,549,962|1,367,827|
|4.|Expenditure||2020|||2019|
|---|---|---|---|---|---|---|
||||Unre stricte d|Total|||
||Raising funds
Fundraising
costs||2,883||2,883|5,961|
||Total||2,883||2,883|5,961|
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||||Unre stricte d|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||Direct Costs|Support Costs|2020|2019|
|Charitable
activities|||||||
|Salaries and wages|||915,949||915,949|797,159|
|Employers
National Insurance|||67,065||67,065|59,160|
|Staffpension|||17,563||17,563|11,629|
|Staff training|||17,319||17,319|17,503|
|Volunteer||||||7,833|
|Property expenses|||33,463||33,463|41,929|
|Rent and rates|||41,085||41,085|34,540|
|Light and heat|||11,649||11,649|11,426|
|Insurance|||11,426||11,426|10,391|
|Telephone||||4,829|4,829|5,620|
|Postage, printing
and|stationery|||8,065|8,065|6/28|
|Computer
costs||||8,151|8,151|9,228|
|Advertising
and promotional||costs||243|243|860|
|Travel and subsistence||||5,037|5,037|8,471|
|Arts and crafts|||8,887||8,887|8,490|
|Refreshments|||7,237||7437|8,177|
|Classroom expenses|||14,101||14,101|8,468|
|Books and resources
Hire ofequipment|||3,886
7,113||3,886
7,113|2,546
5,042|
|Consultancy
fees||||||6,636|
|Legal and professional|fees|||30,105|30,105|17,673|
|Bank charges||||1,390|1,390|2,323|
|Sundry expenses||||22,849|22,849|20,768|
|Bad debt promsion|||50,174||50,174|33,614|
|Depreciation|||40,349||40,349|44,361|
|Audit fees||||3,600|3,600|15,600|
|Bookkeeping||||47,577|47,577|47,823|
|Interest payable
on loan||||69,701|69,701|75,679|
||||1,247/66|201,547|1,448,813|1,319,177|
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|Tangible fixed|assets|||||
|---|---|---|---|---|---|
|||||Long-term||
|||||Leasehold||
|||Classroom furniture|Fixtures|building &||
|||&equipment|&fittings|improvements|Total|
|Cost||||||
|At 1 August 2019||109,171|103,058|3,200,000|3,412,229|
|Additions||6,779|9,404||16,183|
|Disposals||||||
|At 31July|2020|115950|112462|3200 000|3428 412|
|Depreciation||||||
|At 1 August 2019||78,009|66,080|255,999|400,088|
|Elimination|on disposals|||||
|Charge for|year|8 779|10238|21 333|40 350|
|At 31July|2020|86788|76 318|277 332|440 438|
|Net book values||||||
|At 31July|2020|29 162|36 144|2922 668|2 987974|
|At 31July|2019|31 162|36978|2 944 001|3012 141|
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|||2020|2019|
|---|---|---|---|
|Trade debtors||77,650|121,130|
|Prepayments
Other debtors|and accrued income|15,161
~1775|11,257
1 830|
|||91 036|134217|
|All debtors are due within one year.||||
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|Creditors:
amounts
falling due within one year|||
|---|---|---|
||2020|2019|
|Bank loan
Trade creditors
Other creditors|65,735
36,591
997|58,176
52,443
105|
|Accruals and deferred income
Social security
Fee deposits|85,437
23,416
182317|261,374
16,394
114067|
||394493|502559|
|Creditors:|amounts
falling due after more than one|year||
|---|---|---|---|
|||2020|2019|
|Loans repayable
after 5years||||
|Repayable
Repayable|between 2 and 5 years
after 5years|447,978
1 696 568|401,168
1 739018|
|||2 144 546|2 140 186|
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|Funds ofthe charity|||
|---|---|---|
||Unrestricted|Unrestricted|
||Funds|Funds|
|||Designated|
|Balance at 1 August 2019
Surplus/(deficit)
for the year|(277,966)
105702|1,031,557
~7436|
|Balance at 31July 2020|172264|1 024 121|
|10.Staff costs|2020|2019|
|---|---|---|
|Staffcosts were as follows:|||
|Salaries and wages|915,949|797,159|
|Staffpension|17,563|11,629|
|Social security costs|67065|59 160|
||1 000 577|867 948|
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||||2020|2019|
|---|---|---|---|---|
|Net income/(expenditure)
for
Adjustments
for:|the reporting|period|98,266|42,689|
|Depreciation
charges
Disposal offixed asset|||40,349|44,361|
|Interest expense
Interest income|||69,701|2,197
75,679|
|(Increase)/decrease
in debtors
Increase in creditors
Net cash provided
by operating|activities||(545)
43,181
(103,706)
147,246|(2)
(21424)
52,207
195,907|
|14.Analysis ofcash and cash equivalents|||||
||||2020|2019|
|Cash in hand
Total cash and cash equivalents|||311,886
311,886|249,978
249,978|
|15. Other financial commitments|15. Other financial commitments||||
|---|---|---|---|---|
|Operating
leases|||||
|The charity's
totalcounts|for rental payments|under non-cancellable|operating
leases at 31July 2020 were;||
||||2020|2019|
|Within one year
Within two to five years
Total commitments|||29,494
117,976
147,470|30,782
96,000
126,782|