| Page | |
|---|---|
| Trustees' Report | 1 to 3 |
| Statement ofTrustees Responsibilities | |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 8to10 |
| Detailed Statement ofFinancial Activities |
| 31.8.21 | 31.8.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| fund | funds | |||||
| Notes | ||||||
| INCOME | AND ENDOWMENTS | FROM | ||||
| Donations | and legacies | 498,188 | 427,944 | |||
| Total | 498,180 | 427,944 | ||||
| EXPENDITURE ON | ||||||
| Raising funds | 421,878 | 409,367 | ||||
| Other | 1,136 | 1,891 | ||||
| Total | 423,014 | 410,458 | ||||
| NET INCOME | 75,166 | 17,486 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds | brought forward | 1,057,218' | 1,039,732 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,132,384 | 1,837318 |
| 31.8.21 | 31.8.20 | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| fund | funds | |||
| Notes | f, | |||
| FIXED | ASSETS | |||
| Tangible | assets | 788,531 | 789,902 | |
| CURRENT ASSETS | ||||
| Debtors | ||||
| Cash at | bank | 381,319 | 306,409 | |
| 381,319 | 306,409 | |||
| CREDITORS | ||||
| Amounts | falling due within one year | (37,466) | (39,093) | |
| NET CURRENT ASSETS | 343,853 | 267,316 | ||
| TOTAL | ASSETSLESSCURRENT | |||
| LIABILITIES | 1,132,384 | 1,057,218 | ||
| NET ASSETS | 1,132,384 | 1,057,218 | ||
| FUNDS | ||||
| Unrestricted funds |
1,132,384 | 1,057,218 | ||
| TOTAL | FUNDS | 1,132,384 | 1,057,218 |
| 3. | STAFF COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| The average monthly | number ofemployees | during | the year was as follows: | ||||||
| 31.8.21 | 31.8.20 | ||||||||
| StafF | 12 | 12 | |||||||
| No employees received emoluments |
in excess ofZ60,000. | ||||||||
| 4. | TANGIBLE FIXED | ASSETS | |||||||
| Freehold | Fixtures and | Computers 8c |
|||||||
| property/impr | fittings | Mini Bus | Totals | ||||||
| ovements | |||||||||
| COST | |||||||||
| At 1 September 2020 | 765,898 | 38,868 | 94,200 | 898,966 | |||||
| Additions | 5,500 | 5,500 | |||||||
| 771,398 | 38,868 | 94,200 | 904,466 | ||||||
| DEPRECIATION | |||||||||
| At I September 2020 | 30,387 | 78,677 | 109,064 | ||||||
| Charge for year | 1,696 | 5,174 | 6,871 | ||||||
| At 31 August 2021 | 32,083 | 83,851 | 115,935 | ||||||
| NET BOOKVALUE | |||||||||
| At 31 August 2020 | 765,898 | 8,481 | 15,523 | 789,902 | |||||
| At 31 August 2021 | 771,398 | 6,785 | 10,349 | 788,531 | |||||
| 5. | DEBTORS:AMOUNTS FALLING DUE | WITHIN ONE YEAR | |||||||
| 31.8.21 | 31.8.20 | ||||||||
| Other debtors | |||||||||
| . | CREDITORS: AMOUNTS FALLING DUE | WITHIN ONE YEAR | |||||||
| 31.8.21 | 31.8.20 | ||||||||
| Taxation and social security | 6,527 | 7,104 | |||||||
| Other creditors | 30,939 | 33,524 | |||||||
| 37,466 | 40,628 | ||||||||
| . | LOANS | ||||||||
| An analysis ofthe maturity ofloans is given | below: | ||||||||
| 31.8.21 | 31.8.20 | ||||||||
| Amounts falling due within one year |
on demand: | ||||||||
| Interest free loan | 9,800 | 11,800 |
| for the Year En | de | d 31August 2021 | ||
|---|---|---|---|---|
| 31.8.21 | 31.8.20 | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legacies | |||
| Donations | 26,508 | 15,593 | ||
| Tuition Fees | 463,934 | 308,825 | ||
| Furlough | 88,276 | |||
| Other Income | 7,738 | 15,250 | ||
| Total incoming | resources | 498,180 | 427,944 | |
| EXPENDITURE | ||||
| Raising donations | and legacies | |||
| Wages, NIC and | Pension | 342,523 | 323,485 | |
| Insurance | 5,564 | 5,496 | ||
| Utilities | 10,723 | 11,187 | ||
| Telephone | 1,319 | 1,824 | ||
| Postage and stationery | 2,101 | 4,243 | ||
| Sundries | 1,358 | 1,078 | ||
| Books, material | and | training | 9,297 | 8,496 |
| Exam Fees/ Inspection | 6,917 | 3,640 | ||
| ITLicence / Maintenance | 15,237 | 10,740 | ||
| Sports &Events | 7,864 | 8,461 | ||
| School Uniform | 3,516 | 4,110 | ||
| Maintenance | 8,588 | 16,725 | ||
| Depreciation | 6,871 | 9,882 | ||
| 423,014 | 409,367 | |||
| Support costs | ||||
| Finance | ||||
| Bank charges | 1,136 | 1,091 | ||
| Total resources | expended | 423,014 | 410,458 | |
| Net income | 75,166 | 17,486 |