| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||||
| General | Bursary | ||||||
| Income and Expenditure | |||||||
| Incoming Resources |
63,043 | 21/11 | 84,254 | 73,841 | |||
| Resources Expended | |||||||
| Direct charitable | expenditure | 65,775 | 65,775 | 57,128 | |||
| Fundrai sing and | publicity | 930 | 930 | 559 | |||
| Management and |
administration | ofthe charity | 25,468 | 25,468 | 25,513 | ||
| Depreciation | 161 | 161 | 214 | ||||
| Total Resources | Expended | 92,334 | 92/34 | 83,414 | |||
| Net (Outgoing)/Incoming | Resources | (29,291) | 21,211 | (8,080) | (9,573) | ||
| Transfer between | funds | 17,424 | (17,424) | ||||
| Net (Outgoing)/Incoming | Resources for the | ||||||
| year | (11,867) | 3,787 | (8,080) | (9,573) | |||
| Net Movement | in Funds | (11,867) | 3,787 | (8,080) | (9,573) | ||
| Fund Balances | forward at 31 | July 2022 | (11,867) | 3,787 | (8,080) | (9,573) |
| Note | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| Tangible assets | 482 | |||||
| CURRENT ASSETS | ||||||
| Debtors | 2,085 | 740 | ||||
| Cash at bank | 52,626 | 57,514 | ||||
| 54,711 | 58,254 | |||||
| CREDITORS: Amounts | failing due within one year | 5 | 4,059 | 3,175 | ||
| NET CURRENT ASSETS | 50,652 | 55,079 | ||||
| NETASSETS | 51,134 | 5 | $5,722 | |||
| FUNDS | ||||||
| Restricted funds - Bursaries |
17,424 | 13,932 | ||||
| Unrestricted funds |
33,710 | 4J,790 | ||||
| TOTAL FUNDS | 51,134 | 5 | 55,722 |
| The average weekly number ofemployees during the ye |
ar were as follows: | |
|---|---|---|
| 2022 | 2021 | |
| No. | No. | |
| Unpaid Council Members | 8 | 8 |
| TANGIBLE ASSETS | ||
| Equipment | Total | |
| Cost | ||
| At 1 August 2021 |
7,775 | 7,775 |
| At 31July 2022 | 7,775 | 7,775 |
| Depreciation | ||
| At 1 August 2021 |
7,132 | 7,132 |
| For the year | 161 | 161 |
| At 31 July 2022 | 7,293 | 7/93 |
| Net BookAmounts | ||
| At 31July 2022 | 482 | 482 |
| At 31 July 2021 | 643 | 643 |
| 4. | DEBTORS | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| Trade debtors | 2,085 | 740 | ||||
| K | 2,085 | f | 740 | |||
| S. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| Accruals and deferred income | 4,059 | 3,175 | ||||
| K 4,059 | f | 3175 |
| FORTHE YE | AR ENDED 31JULY | 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Income | ||||||
| Tuition fees | 62,782 | 42,645 | ||||
| Bursary funding | 21,211 | 17,010 | ||||
| Donations, etc | 255 | 13,958 | ||||
| 84+48 | 73,6/3 | |||||
| Cost oftuition: | ||||||
| Rent ofpremises | 13,094 | 8,212 | ||||
| Teachers fees | 50,797 | 46,753 | ||||
| Other direct expenses | 1,884 | 2,/63 | ||||
| 65,775 | 57,128 | |||||
| 65,775 | 57,128 | |||||
| Gross profit | 18,473 | 16,485 | ||||
| Bank interest received | 6 | 228 | ||||
| 18,479 | 16,713 | |||||
| Less: | ||||||
| Fund raising and marketing | costs | 930 | 559 | |||
| Support costs | 25,468 | 25,513 | ||||
| Depreciation and |
amortisation | 161 | 214 | |||
| 26,559 | 26,286 | |||||
| Net deficit for the | year | (8,080) | (9,573) | |||
| Retained surpluses | brought | forward | 41,790 | 5/,363 | ||
| Retained surpluses | carried | forward | X 33,710 | 4/, 790 |
| FOR THE YEAR | ENDED 31JUIY2022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Fund raising | and marketing: | |||
| Advertising Ecsales promotion |
930 | 559 | ||
| f | 930 | 559 | ||
| Support costs: | ||||
| Administrators | fees | 22,173 | 22,865 | |
| Accountancy | 2, 100 | 1,920 | ||
| Insurance | 434 | 434 | ||
| Stationery k, office supplies | 271 | 40 | ||
| Sundry expenses | 389 | 173 | ||
| Bank charges | 101 | 81 | ||
| f | 25,468 | 25,513 | ||
| Depreciation | and amortisation: | |||
| Depreciation ofequipment | 161 | 214 | ||
| 161 | 214 |