| Trustees | Mr D Burrows | |||
|---|---|---|---|---|
| Mr W N McLean | ||||
| Mr D Norrish | ||||
| Ms I Brannen |
||||
| Mr T Kane | ||||
| Ms L Smyth | ||||
| Ms VThompson | (Appointed | 9 December | ||
| 2020) | ||||
| Charity number | 1086306 | |||
| Company | number | 03978344 | ||
| Registered | office | Index House | ||
| StGeorges Lane | ||||
| Ascot | ||||
| Berkshire | ||||
| SL57ET | ||||
| Auditor | Kirk Rice LLP | |||
| The Courtyard | ||||
| High Street | ||||
| Ascot | ||||
| Berkshire | ||||
| SL5 7HP | ||||
| Bankers | Lloyds TSB | |||
| 49 High Street | ||||
| Godalming | ||||
| GU7 1AT |
| Page | ||
|---|---|---|
| Trustees' report |
1-7 | |
| Independent auditor's |
report | 8-10 |
| Statement offinancial |
activities | |
| Balance sheet | 12 | |
| Statement ofcash flows |
||
| Notes to the financial | statements | 14-25 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2021 | 2021 | 2020 | 2020 | 2020 | ||||
| Notes | ||||||||
| Income from: | ||||||||
| Donations and legacies |
857,209 | 1,392,771 | 2,249,980 | 122,803 | 1,194,093 | 1,316,896 | ||
| Charitable activities |
101,576 | 101,576 | 118,205 | 118,205 | ||||
| Investments | 94 | 94 | 172 | 172 | ||||
| Total income | 958,879 | 1,392,771 | 2,351,650 | 241,180 | 1,194,093 | 1,435,273 | ||
| Ex enditure on: | ||||||||
| Raising funds | 1,747 | 1,747 | 2,556 | 4,790 | 7,346 | |||
| Charitable activities |
258,583 | 1,142,771 | 1,401,354 | 245,610 | 1,194,093 | 1,439,703 | ||
| Other | 12 | 3,320 | 3,320 | |||||
| Total resources | ||||||||
| expended | 260,330 | 1,142,771 | 1,403,101 | 251,486 | 1,198,883 | 1,450,369 | ||
| Net income/(expenditure) | ||||||||
| for the year/ | ||||||||
| Net movement | in funds | 698,549 | 250,000 | 948,549 | (10,306) | (4,790) | (15,096) | |
| Fund balances at 1 | ||||||||
| April 2020 | 149,942 | 16,214 | 166,156 | 160,248 | 21,004 | 181,252 | ||
| Fund balances | at 31 | |||||||
| March 2021 | 848,491 | 266,214 | 1,114,705 | 149,942 | 16,214 | 166,156 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | F | |||||||
| Fixed assets | ||||||||
| Tangible assets | 13 | 22,470 | ||||||
| Current assets | ||||||||
| Debtors | 14 | 263,780 | 26,521 | |||||
| Cash at bank and | in | hand | 1,112,954 | 457,767 | ||||
| 1,376,734 | 484,288 | |||||||
| Creditors: amounts | falling due within | |||||||
| one year | (284,499) | (318,132) | ||||||
| Net current assets | 1,092,235 | 166,156 | ||||||
| Total assets less | current | liabilities | 1,114,705 | 166,156 | ||||
| Income funds | ||||||||
| Restricted funds |
266,214 | 16,214 | ||||||
| Unrestricted funds |
848,491 | 149,942 | ||||||
| 1,114,705 | 166,156 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | F | F | |||||
| Cash flows from operating | activities | ||||||
| Cash generated from operations |
21 | 677,563 | 6,521 | ||||
| Investing | activities | ||||||
| Purchase | oftangible fixed assets |
(22,470) | |||||
| Investment | income received | 94 | 172 | ||||
| Net cash | (used in)/generated from |
||||||
| investing | activities | (22,376) | 172 | ||||
| Net cash | used in financing | activities | |||||
| Net increase in cash and cash equivalents |
655,187 | 6,693 | |||||
| Cash and | cash equivalents | at beginning | ofyear | 457,767 | 451,074 | ||
| Cash and | cash equivalents | at end of | year | 1,112,954 | 457,767 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||||
| F | F | F | E | F | F | ||||
| Donations | and gifts | 857,209 | 1,392,771 | 2,249,980 | 122,803 | 1,194,093 | 1,316,896 | ||
| Donations | and gifts | ||||||||
| Digital Access for All | 775,000 | 775,000 | 48,290 | 48,290 | |||||
| Innovate | 6,798 | 6,798 | |||||||
| Donations | ofless than | ||||||||
| F2,000 | including | ||||||||
| parental | donations | from | |||||||
| DMS | 66,964 | 1,142,771 | 1,209,735 | 70,705 | 1,194,093 | 1,264,798 | |||
| Tech4Teachers | 15,245 | 250,000 | 265,245 | ||||||
| Other | (2,990) | (2,990) | |||||||
| 857,209 | 1,392,771 | 2,249,980 | 122,803 | 1,194,093 | 1,316,896 |
| General | General |
|---|---|
| fund | fund |
| 2021 | 2020 |
| F | F |
| 101,576 | 118,205 |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| 2021 | 2020 |
| F | F |
| 94 | 172 |
| Unrestricted | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021 | 2020 | 2020 | 2020 | |||
| F | E | F | F | |||
| Fundraisin | and | ublicit | ||||
| Conference | &exhibition costs | 1,705 | 1,758 | 1,758 | ||
| Other fundraising | costs | 42 | 798 | 4,790 | 5,588 | |
| Fundraising | and | publicity | 1,747 | 2,556 | 4,790 | 7,346 |
| 1,747 | 2,556 | 4,790 | 7,346 |
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| Grant | funding of |
Grant | funding of |
|||
|---|---|---|---|---|---|---|
| activities | activities | |||||
| 2021 | 2020 | |||||
| F | ||||||
| Grants | to | institutions: | ||||
| Other | 1,142,771 | 1,194,093 |
| Support | costs | ||||||
|---|---|---|---|---|---|---|---|
| Support | Governance | 2021 | Support | Governance | 2020 | ||
| costs | costs | costs | costs | ||||
| Staff costs | 172,664 | 172,664 | 189,388 | 189,388 | |||
| Communications | 1,658 | 1,658 | 1,441 | 1,441 | |||
| Travel | 640 | 640 | 4,756 | 4,756 | |||
| Premises | &general | ||||||
| office | 12,415 | 12,415 | 19,577 | 19,577 | |||
| IT &telecommunications | 15,589 | 15,589 | 8,143 | 8,143 | |||
| Accountancy fees |
8,354 | 8,354 | 10,113 | 10,113 | |||
| Bank charges | 2,988 | 2,988 | 3,912 | 3,912 | |||
| Audit fees | 6,000 | 6,000 | 6,000 | 6,000 | |||
| Legal and | professional | 1,329 | 1,329 | 775 | 775 | ||
| Trustee indemnity |
|||||||
| insurance | 125 | 125 | 1,505 | 1,505 | |||
| 214,308 | 7,454 | 221,762 | 237,330 | 8,280 | 245,610 | ||
| Analysed | between | ||||||
| Charitable | activities | 214,308 | 7,454 | 221,762 | 237,330 | 8,280 | 245,610 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Number | Number | ||||||
| Administration | |||||||
| Employment | costs | 2021 | 2020 | ||||
| Wages and salaries | 172,664 | 189,388 | |||||
| The number | of employees | whose | annual | remuneration | was f60,000 or | ||
| more were: | |||||||
| 2021 | 2020 | ||||||
| Number | Number | ||||||
| F60,001 - F70,000 | 1 | 1 |
| Total | Unrestricted | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | ||||||||
| 2021 | 2020 | |||||||
| Net | loss | on | disposal | oftangible | fixed | assets | 3,320 | |
| 3,320 |
| 13 | Tangible fixed asset | s | ||
|---|---|---|---|---|
| Computers | ||||
| F | ||||
| Cost | ||||
| At 1 April 2020 | 15,568 | |||
| Additions | 22,470 | |||
| At 31 March 2021 | 38,038 | |||
| Depreciation and impairment |
||||
| At 1 April 2020 | 15,568 | |||
| At 31 March 2021 | 15,568 | |||
| Carrying amount |
||||
| At 31 March 2021 | 22,470 | |||
| 14 | Debtors | |||
| 2021 | 2020 | |||
| Amounts falling due |
within one year: | |||
| Other debtors | 13,357 | 22,794 | ||
| Prepayments and accrued income |
250,423 | 3,727 | ||
| 263,780 | 26,521 | |||
| 15 | Creditors: amounts | falling due within one year | ||
| 2021 | 2020 | |||
| Other taxation and social security | 3,865 | 7,888 | ||
| Trade creditors | 6,717 | 816 | ||
| Other creditors | 268,017 | 303,428 | ||
| Accruals and deferred | income | 5,900 | 6,000 | |
| 284,499 | 318,132 |
| 17 | Analysis of | net assets | between | funds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| funds | funds | funds | funds | ||||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | ||||
| Fund balances at 31 | |||||||||
| March 2021 | are | ||||||||
| represented | by: | ||||||||
| Tangible assets | 22,470 | 22,470 | |||||||
| Current assets/ | |||||||||
| (liabilities) | 826,021 | 266,214 | 1,092,235 | 166,156 | 166,156 | ||||
| 848,491 | 266,214 | 1,114,705 | 166,156 | 166,156 |
| under non-cancellable | operating | l | eases with | respect | to | offic | e rent, which fall due as |
follows: | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||
| Within one year | 8,525 | |||||||||
| 20 | Related party transactions | |||||||||
| There were no disclosable related |
party transactions | during | the year (2020 - none). | |||||||
| 21 | Cash generated from |
operations | 2021 | 2020 | ||||||
| Surplus/(deficit) for the |
year | 948,549 | (15,096) | |||||||
| Adjustments for: |
||||||||||
| Investment income recognised |
in | statement | offinancial | activities | (94) | (172) | ||||
| (Gain)/loss on disposal |
oftangible | fixed assets | 3,320 | |||||||
| Movements in working |
capital: | |||||||||
| (Increase)/decrease in |
debtors | (237,259) | 37,093 | |||||||
| (Decrease) in creditors |
(33,633) | (18,624) | ||||||||
| Cash generated from |
operations | 677,563 | 6,521 |