2021-08-31-accounts - The Centre For Literacy In Primary Education

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			Page
Reference and Administrative		Details
Trustees' Report
Independent Auditor's	Report		13
Statement of Financial	Activities		16
Balance Sheet			17
Statement ofCash Flows			18
Notes to the Financial	Statements		19

			Unrestricted	Restricted	Total
			funds	funds	funds	Total funds
		Note	2021	2021	2021	2020
						E
Income from:
Donations			111,703	201,042	312,745	242,083
Charitable activities			883,581	153,076	1,036,657	1,226,190
Other trading activities			45,619		45,619	71,677
Investments			199		199	358
Total income			1,041,102	354,118	1,395,220	1,540,308
Expenditure on:
Charitable activities			985,719	367,098	1,352,817	1,428,463
Total expenditure			985,719	367,098	1,352,817	1,428,463
Net movement in funds			55,383	(12,980)	42,403	111,845
Reconciliation offunds:		17
Total funds brought	forward		312,741	88,763	401,504	289,659
Total funds carried forward			368,124	75,783	443,907	401,504

					2021		2020
			Note
Fixed assets:
Tangible assets			11		215,499		268,942
Intangible assets			12		92,622		21,791
					308,121		290,733
Current assets:
Stocks			13	18,558		27,334
Debtors			14	112,920		142,943
Cash at bank and	in hand			642,101		458,932
				773,579		629,209
Creditors: amounts		falling due within one
year				589,460		468,438
Net current assets/(liabilities)					184,119		160,771
Creditors: amounts year		falling due after one	16		(48,333)		(50,000)
Total net assets					443,907		451,504
Charity Funds			17
Restricted funds					75,783		88,763
Unrestricted funds					368,124		312,741
Total funds					443,907		401,504

				2021	2020
			Note
Cash flows from operating	activities
Net cash (used in)/provided	by operating	activities	19	294,622	267,984
Cash flows from investing	activities:
Cash flows from interest				199	358
Purchase oftangible fixed assets				(13,336)	(6,905)
Purchase of intangible fixed	assets			96,649
Net cash used in investing	activities			(109,786)	(6,547)
Cash flows from financing	activities:
Cash inflows from new borrowing					50,000
Repayments of borrowing				(1,667)
Cash provided by / (used	in) financing	activities		(1,667)	50,000
Change in cash and cash	equivalents	in the year		183,169	311,437
Cash and cash equivalents	brought forward			458,932	147,495
Cash and cash equivalents	carried forward		20	642,101	458,932

Income from donations
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2021	2021	2021	2020
CLIPPA Awards		10,000	10,000	25,425
Fundraising	111,703	191,042	302,745	216,658
Total donations	111,703	201,042	312,745	242,083
Total 2020	216,658	25,425	242,083

Income from charitable activities
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2021	2021	2021	2020
		f	f
Power of Reading	623,787		623,787	844,560
Courses and conferences	183,024		183,024	130,169
Funded projects		153,076	153,076	130,808
Cross sector work	28,338		28,338
School CPD	43,827		43,827	112,827
Publications	4,605		4,605	7,826
	883,581	153,076	1,036,657	1,226,190
Total 2020	1,134,735	91,455	1,226,190

Income	from other trading ac	tivities
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
						E
Premises	income		45,619		45,619	71,677
Total income from other trading		income	45,619		45,619	71,677
Total 2020			71,677		71,677

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
Bank	interest	receivable	199		199	358
Total	2020		358		358

Analysis ofresou	rces	exp	ended by a	ctivities
				Direct	Staff	Support
				costs	costs	costs	Total	Total
				2021 E	2021	2021f	2021f	2020
Awards 8 Donations				1,841	228,672	55,551	286,064	28,386
Funded projects				102,840	66,815	1,650	171,305	203,030
Courses and conferences				18,612	56,766	104,562	179,940	537,052
Power of Reading				53,442	193,471	356,371	603,284	557,521
Cross sector work				1,692	8,789	16,190	26,671
School CPD				976	13,593	25,039	39,608	67,557
Publication sales				1,675	1,428	2,631	5,734	11,912
Expenditure on trading		activities:
Cost of generating	Premises		Income		14,149	26,062	40,211	23,005
Total				181,078	583,683	588,056	1,352,817	1,428,463

Support cos	ts
			Total	Total
			2021	2020
				E
Legal and professional			13	3,621
Rent			61,506	124,997
Telephone			6,491	7,318
IT costs			42,200	26,604
Light and heat			7,495	10,193
Rates			1,797	6,646
Insurance			9,405	9,988
Other premises		costs	76,930	14,690
Cleaning			5,790	7,479
Security			1,196	1,035
Publicity and	marketing		57,585	25,631
Printing, postage		and stationery	9,503	11,270
Bank charges			947	1,104
Other operating		costs	5,812	11,552
Wages and salaries			172,749	189,404
Depreciation			92,597	89,988
Governance	costs (note 8)		36,040	40,613
Total			588,056	582,133

Governance costs
			Unrestricted	Total
			funds	funds
			2021	2020
Auditor's remuneration			9,783	9,783
Trustee meetings and other costs				758
Reimbursement ofTrustees' expenses				611
Wages and salaries			21,368	23,427
Other costs			4,889	6,034
Total			36,040	40,613
Net income/(expenditure)
This is stated after charging:
			2021	2020
Depreciation oftangible		fixed assets:
- owned by the charity			66,779	73,422
Amortisation of intangible		fixed assets	25,818	13,022
Auditor's remuneration	-	audit	9,783	9,783
Operating lease rentals			61,506	124,997

				2021	2020
				E	E
Wages and salaries				661,403	687,774
Social security costs				61,329	65,197
Other pension	costs			55,068	99,819
Total				777,800	852,790
The average	number	of persons employed	by the charity during	the year was as follows:
				2021	2020
				No.	No.
Educational staff				7	7
Support staff				13	13
Total				20	20

Tangible fixed assets
			Furniture	Computers
	Leasehold		and	and
	improvementsf	Libraryf	fittings	equipment	Total
Cost or valuation
At the start ofthe year	156,215	254,121	34,528	114,524	559,388
Additions			1,267	12,069	13,336
Disposals	(16,994)			(48,887)	(65,881)
At the end ofthe year	139,221	254,121	35,795	77,706	506,843
Depreciation
At the start ofthe year	106,015	59,738	26,138	98,555	290,446
Charge for the year	22,901	31,765	2,434	9,679	66,779
Eliminated on disposal	(16,994)	-	-	(48,887)	(65,881)
At the end ofthe year	111,922	91,503	28,572	59,347	291,344
Net book value
At the end ofthe year	27,299	162,618	7,223	18,359	215,499
At the start ofthe year	50,200	194,383	8,390	15,969	268,942

12.	Intangible	Fixed Assets
			Website &
			App
			development	Total
	Cost or valuation
	At the start	ofthe year	114,456	114,456
	Additions		96,649	96,649
	Disposais		(102,656)	(102,656)
	At the end	ofthe year	108,449	108,449
	Depreciation
	At the start	ofthe year	92,665	92,665
	Charge for the year		13,971	13,971
	Disposais		(90,809)	(90,809)
	At the end	ofthe year	15,827	15,827
	Net book value
	At the end ofthe year		92,622	92,622
	At the start	ofthe year	21,791	21,791
13.	Stocks
			2021	2020
	Book stock		18,558	27,334
14.	Debtors
			2021	2020
	Trade debtors		62,906	70,886
	Other debtors			1,011
	Prepayments	and accrued income	50,014	71,046
	Total		112,920	142,943


Creditor	s: Amounts		falling due within one year
				2021	2020
Trade creditors				101,606	45,220
Other taxation and social security				33,836	30,601
Other creditors				27,823	12,808
Accruals	and deferred		income	426,195	379,809
Total				589,460	468,438
Deferred	income
Deferred	income	at the start ofthe year		332,745
Amounts	released	from previous years		(332,745)
Amount	deferred	in the year		315,332
Deferred	income	at	the end ofthe year	315,332

redit	ors: Amounts falling after one year
		2021	2020
Bank	loan	48,333	50,000
Total		48,333	50,000

Statement offunds - current year
					Balance
	Balance at				at the
	the start of			Transfers	end of
	the year	Income	Expenditure	in/(out)	the year
Unrestricted funds:
Desi nated funds
Operating Cost Reserve	312,000				312,000
General funds
General reserves	741	1,041,102	985,719		56,124
Total unrestricted funds	312,741	1,041,102	985,719		368,124
Restricted funds:
Reflecting Realities 2020	10,071		(10,071)
CLIPPA 2020	14,242		(14,242)
Improving Vocabulary	64,450	91,910	(94,074)		62,286
Reflecting Realities 2021		29,996	(24,350)		5,646
CLIPPA 2021		29,950	(22,099)		7,851
Culture Recovery Fund		191,042	(191,042)
Poetry in the Primary Classroom		11,220	(11,220)
Total restricted funds	88,763	354,118	(367,098)		75,783
Total funds	401,504	1,395,220	(1,352,817)		443,907

						Balance
		Balance at				at the
		the start of			Transfers	end of
		the year	Income	Expenditure	in/(out)	the year
Unrestricted funds:
Desi nated funds
Operating Cost Reserve		315,000			(3,000)	312,000
General funds
General reserves		67,864	1,423,428	1,357,823	3,000	741
Total unrestricted	funds	247,136	1,423,428	1,357,823		312,741
Restricted funds:
Reflecting Realities, Stage 2		21,177		(11,106)		10,071
CLIPPA			25,425	(11,183)		14,242
EEF —POP		21,346		(21,346)
Mercers - Improve	Vocabulary		91,455	(27,005)		64,450
Total restricted funds		42,523	116,880	(70,640)		88,763
Total funds		289,659	1,540,308	(1,428,463)		401,504

Analysis	ofnet assets between funds —current year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2021	2021	2021
Tangible	fixed assets	215,499		215,499
Intangible	fixed assets	92,622		92,622
Current assets		697,796	75,783	773,579
Creditors	due within one year	(589,460)		(589,460)
Creditors	due after one year	(48,333)		(48,333)
Total		368,124	75,783	443,907
Analysis	ofnet assets between funds —prior year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
Tangible	fixed assets	268,942		268,942
Intangible	fixed assets	21,791		21,791
Current assets		540,446	88,763	629,209
Creditors	due within one year	(468,438)		(468,438)
Creditors	due after one year	(50,000)		(50,000)
Total		312,741	88,763	401,504

19.	Reconciliation	of net movement	of net movement	in funds	to net cash flow from	operating	activities
							2021	2020
	Net expenditure	for the year	(as	per the Statement of Financial		Activities)	42,403	111,845
	Depreciation						80,750	89,987
	Disposals offixed assets						11,847
	Interest, rent and	dividends from investments					(199)	(358)
	Increase/(decrease) in stock						8,776	15,723
	(Increase)/decrease in debtors						30,023	99,097
	Increase/(decrease) in creditors						121,022	(48,310)
	Net cash (used	in)/provided	by operating		activities		294,622	267,984
20.	Analysis ofcash and cash equivalents
							2021	2020
	Cash in hand						642,101	458,932
	Total						642,101	458,932

			Land and buildings	Land and buildings		Other
			2021	2020	2021	2020
Amounts		payable:
Within	1	year	115,916	102,900	6,676	6,676
Between		1 and 5years	463,664	411,600	14,018	20,695
After	more than 5years		1,738,740	728,875
Total			2,318,320	1,243,375	20,694	27,371