London Community College Annual Repott and Financial Statements Year ended 31 October 2020 England and Wales Registered Charity Number 1093358 England and Wales Company Registtation Number 04200373 www.londoncommunitycollege.co.uk
| Charity Information | ||
|---|---|---|
| Trustees Annual Report |
4-6 | |
| Independent Auditor's |
Report | 7-9 |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statement | 12-15 |
| Registered | Charity | Name | London Community | College |
|---|---|---|---|---|
| Charity Registration | Number | 1093358 | ||
| Principal | Office | Memo House, I"Floor | ||
| Kendal Avenue | ||||
| London | ||||
| W3 OXA | ||||
| Trustees | Mr SBAZaidi | |||
| Mrs H Z Zaidi | ||||
| Auditors | K KAssociates | |||
| Chartered Accountants |
||||
| 305 Crown House | ||||
| North Circular Road | ||||
| Park Royal | ||||
| London NW10 7PN | ||||
| Bankers | Barclays Bank PLC | |||
| I Churchill Place |
||||
| London E145HP |
| YEA | R ENDED 3i O | CTOBER 20 | 20 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | 2020 | 2019 | ||
| INCOME AND | K | ||||
| ENDOWMENTS FROM: | |||||
| Donations | 19,637 | 373)094 | 392,731 | 396,367 | |
| TOTAL INCOME | 19,637 | 373,094 | 392,731 | 396,367 | |
| EXPENDITURE ON: | |||||
| Charitable activities |
(5492) | (371,640) | (376,932) | (385,715) | |
| TOTAL EXPENDITURE | (5,292) | (371,640) | (376,932) | (385,715) | |
| NET MOVEMENT IN FUNDS | 14,345 | 1,454 | 15,799 | 10,652 | |
| RECONCILIATION | OF | ||||
| FUNDS: | |||||
| Total funds brought forward |
31,221 | 11,888 | 43,109 | 32,457 | |
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 45,566 | 13,342 | 58,908 | 43,109 |
| LO | ND | ON COMMUNITY CO BALANCE SHEET |
ON COMMUNITY CO BALANCE SHEET |
ON COMMUNITY CO BALANCE SHEET |
LL | EGE | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 OCTOBER 2020 | |||||||||
| 2020 | 2019 | ||||||||
| Nate | I | ||||||||
| FIXEDASSETS | |||||||||
| Tangible assets | 3,424 | 4,566 | |||||||
| CURRENT ASSETS | |||||||||
| Debtors | 62,044 | 42,150 | |||||||
| Cash at bank and in hand | 3i380 | 5,835 | |||||||
| 65,424 | 47,985 | ||||||||
| CREDITORS: Amounts | falling | due within one | |||||||
| year | (9,940) | (9,442) | |||||||
| NET CURRENT ASSETS | 55,484 | 38,543 | |||||||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 58,908 | 43,109 | ||||||
| TOTAL NET ASSETS | 'l2 | 58,908 | 43,109 | ||||||
| FUNDS OFTHE CHARITY | |||||||||
| Restricted income funds Unmstricted income funds |
13,342 45,566 |
11,888 31,221 |
|||||||
| TOTAL CHARITY FUNDS | 12 | 58,908 | 43,109 | ||||||
| These accounts have been |
prepared | in accordance | with | the provisions | applicable | to companies | subject | ||
| to the small companies regime |
set | out in Patt 15of | thc | Companies | Act | 2006. |
| Unrestricted | Restricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | 2019 | |||
| f. | ||||||
| Education | It | training | 371,640 | 371,640 | 380,223 | |
| Governance | Cost (Note 5) | 5,292 | 5,292 | 5,492 | ||
| 5,292 | 371,640 | 376,932 | 385,715 |
| This is sta | ted atter cha | rging: | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| f. | |||||
| Depreciation | 1,142 | 1,522 | |||
| Auditors' | remuneration: | ||||
| -audit of | the financial | statements | 1,500 | 1,500 |
| Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|
| Funds | 2020 | 2019 | ||
| Professional | fees | 2,650 | 2,650 | 2,470 |
| Audit fees | 1,500 | 1,500 | 1,500 | |
| Depreciation | 1,142 | 1,142 | 1,522 | |
| 5,292 | 5,292 | 5,492 |
| Total staff | costs we | re as follo | ws: | ||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Wages and | salaries | 298,746 | 313,859 | ||
| Employers | national | insurance | costs | 24,848 | 24,464 |
| Employers | pension | costs | 5,056 | 4,308 | |
| Total | 328,650 | 342,63I | |||
| Particulars | ofemployees: |
| was as f | ollows. | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| No. | No. | |||
| Number | ofpermanent | staff | IS | 15 |
| TANGIBLE FIXED ASSETS | ||
|---|---|---|
| Fixtures | P.Equipment | |
| 8 | ||
| COST | ||
| At I November 2019 | 68,790 | |
| Additions | ||
| Disposal | ||
| At 3i October 2020 | 68,790 | |
| DEPRECIATION | ||
| At I November 2019 | 64,224 | |
| Charge for the year | 1,142 | |
| Eliminated on disposals |
||
| At 31 October 2020 | 65,366 | |
| NET BOOK VALUE | ||
| At 31 October 2020 | 3,424 | |
| At 31 October 2019 | 4,566 |
| 2020 | 2019 | ||
|---|---|---|---|
| 8 | f | ||
| Trade | debtors | 62,044 | 42,150 |
| 62 044 | 42 150 |
| CRKDITORS; Amounts | falling due within | one year | |
| 2020 | 2019 | ||
| 8 | |||
| Taxation and social security | 5,790 | 7,412 | |
| Accruals | 4,150 | 2,030 | |
| 9,940 | 9,442 |
| Balance at | Income | Expenditure | Balance at | |||
|---|---|---|---|---|---|---|
| I Nov 2019 | 31 Oct 2020 | |||||
| f. | 8 | |||||
| Education | and | training | 11,888 | 373,094 | (371,640) | 13,342 |
| 14 |
| UNRES | TRICTED INCO | I4IE FUNDS | ||||
|---|---|---|---|---|---|---|
| Balance at | Income | Expenditure | Balance at | |||
| I Nov 2019 | 31 Oct 2020 | |||||
| f | ||||||
| General | Funds | 31,221 | 19,637 | (5,292) | 45,566 |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| 2020 | 2020 | 2020 | ||||
| f | ||||||
| Fixed assets | 3,424 | 3,424 | ||||
| Debtors | 40,036 | 22,008 | 62,044 | |||
| Cash at bank | and | in hand | 2,603 | 777 | 3,380 | |
| Creditors | (falling | (497) | (9,443) | (9,940) | ||
| due | within one year) | |||||
| Net assets | 45,566 | 'l3,342 | 58,908 | |||
| Unrestricted | funds | 45,566 | 45,566 | |||
| Restricted | funds | 13,342 | 13,342 | |||
| Total charity | funds | 45,566 | 13,342 | 58,908 | ||
| Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | ||||
| 2019 | 2019 | 2019 | ||||
| Fixed assets | 4,566 | 4,566 | ||||
| Debtors | 23,820 | 18,330 | 42,150 | |||
| Cash at bank | and | in hand | 4,335 | 1,500 | 5,835 | |
| Creditors | (falling | (1,500) | (7,942) | (9,442) | ||
| due | within one year) | |||||
| Net assets | 31,221 | 11,888 | 43,109 | |||
| Unrestricted | funds | 31,221 | 31,221 | |||
| Restricted | I'unde | 11,8SS | 11,888 | |||
| Total charity | funds | 31,221 | 11,888 | 43,109 |