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|Report ofthe Trustees|1 to|10|
|Report ofthe Independent
Auditors|11 to|13|
|Statement of Financial Activities|14||
|Balance Sheet|15||
|Cash Flow Statement|16||
|Notes tothe Cash Flow Statement|17||
|Notes tothe Financial Statements|18 to|27|
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Tota
I|
||||||funds|funds|funds|funds|
|||||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||2|50,490||50p490|105,327|
|Charitable
activities|||||||||
|Community-Apprentice||programmes|||97,811|649,762|747,573|760,129|
|Total|||||148,301|649,762|798,063|865,456|
|EXPENDITURE ON|||||||||
|Raising funds|||||557|86,889|87,446|49,096|
|Charitable
activities|||||||||
|Community-Apprentice||programmes|||5,313|645,377|650'690|746,415|
|Total|||||5,870|732,266|738,136|795,511|
|NET INCOME/(EXPENDITURE)|||||142,431|(82,504)|59,927|69,945|
|Transfers between
funds||||16|(116,447)|116,447|||
|Net movement
in funds|||||25,984|33p943|59,927|69,945|
|RECONCILIATION
OF|FUNDS||||||||
|Total funds brought|forward||||340,340|4,902|345,242|275,297|
|TOTAL FUNDS CARRIED||FORWARD|||366,324|38,845|405,169|345,242|
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Tata I|
|||||funds|funds|funds|funds|
||||Notes|f|f|f|f|
|CURRENT ASSETS||||||||
|Debtors|||12|43,773||43,773|92,143|
|Cash at bank|and|in hand||~516848|~38845|~555 693|~505010|
|||||560,621|38,845|599,466|597,153|
|CREDITORS||||||||
|Amounts
falling due within one year|||13|(181,297)||(181,297)|(232,411)|
|NET CURRENT ASSETS||||379,324|38,&45|418,169|364,742|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||379,324|38,845|418,169|364,742|
|PROVISIONS|FOR|LIABILITIES|15|$13,000)||f13,000)|(19,500l|
|NET ASSETS||||366,324|38,845|405,169|345,242|
|FUNDS|||16|||||
|Unrestricted|funds|||||366,324|340,340|
|Restricted funds||||||38,845|4,902|
|TOTAL FUNDS||||||405,169|345,242|
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|||||2020|2019|
|---|---|---|---|---|---|
||||Neiei|E|E|
|Cash flows from operating|activities|||||
|Cash generated
from operations||||57,183|258,596|
|Adjustments
to provisions||||(6,500)||
|Net cash provided
by operating||activities||50,683|258,596|
|Change
In cash and cash equivalents|||In the|||
|reporting
period||||50,683|258,596|
|Cash and cash equivalents|at the beginning|||||
|ofthe reporting
period||||505,010|246,414|
|Cash and cash equivalents|at the end||of|||
|the reporting
period||||555,693|505,010|
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|RECONCILIATION|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING|OF NET INCOME TO NET CASH FLOW FROM OPERATING|OF NET INCOME TO NET CASH FLOW FROM OPERATING|OF NET INCOME TO NET CASH FLOW FROM OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||E|E|
|Net income for the|||reporting||period (as per the Statement of Financial|||
|Activities)||||||59,927|69,945|
|Adjustments
for:||||||||
|Decrease|in debtors|||||48,370|69,100|
|(Decrease)/increase|||in creditors|||(51,114)|119,551|
|Net cash|provided||by operations|||57,183|258,596|
|ANALYSIS|OF CHANGES|||IN NET FUNDS||||
||||||At 1.8.19|Cash flow|At 31.7.20|
||||||6|E|6|
|Net cash||||||||
|Cash at bank and||in|hand||505,010|50,683|555,693|
||||||505,010|50,683|555,693|
|Total|||||505,010|50,683|555,693|
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|DONATIONS
AND LEGACI|ES||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||f|f|
|Donations|||||50,490|105,327|
|INCOME FROM CHARITABLE|||ACTIVITIES||||
||||||2020|2019|
||||Activity||E|f|
|Grants|||Community-Apprentice|programmes|705,073|717,652|
|Consultancy|||Community-Apprentice|programmes|3,000|2,977|
|School Contributions|||Community-Apprentice|programmes|39,500|39,500|
||||||747,573|760,129|
|Grants received,
included|in|the above, are as follows:|||||
||||||2020|2019|
||||||f|f|
|Jack Petchey Foundation|||||750|3,000|
|The Cooperative
Foundation|||||132,500|132,500|
|StJames's Place Foundation|||||35,000|30,000|
|Other Grants|||||322,561|380,567|
|John Laing Charitable
Trust|||||30,000|10,000|
|The Careers and Enterprise||Company|||39,262|95,085|
|The Frank Jackson Foundation|||||10,000|7,500|
|The Ellis Campbell
Foundation||||||4,000|
|The Elizabeth
and Prince Zaiger Trust|||||5,000|5,000|
|The Goldsmiths'
Company||||||20,000|
|The Haberdashers'
Company|||||30,000|20,000|
|The William Wates Memorial|||Trust||10p000|10,000|
|Paul Hamlyn
Foundation|||||30,000||
|Home Office's Serious Violence Unit|||||30'000||
|The Dulverton
Trust|||||30,000||
||||||705,073|717,652|
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|RAISING FUNDS AND|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|---|
|||Direct|Support||
|||Costs (see|costs (see||
|||note 5)
f|note 6)
f|Totals
f|
|Raising funds||75,964|11,482|87,446|
|Community-Apprentice|programmes|481p722|168,968|650,690|
|||557,686|180,450|738,136|
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
|Staff costs|||||||489,142|507,109|
|Direct Costs|||||||62,803|71,120|
|Other direct||costs|||||5,741|21,097|
||||||||557,686|599,326|
|SUPPORT|COSTS||||||||
||||||||Governance||
|||||||Management|costs|Totals|
|||||||f|f|f|
|Raising funds||||||11,482||11,482|
|Community-Apprentice||||programmes||156,474|12,494|168p968|
|||||||167,956|12,494|180,450|
|Support costs, included||||in the above, are as follows:|||||
||||||||2020|2019|
|||||Raising|funds|Community—|Total Activities|Total Activities|
|||||||Apprentice|||
|||||||Programmes|||
|||||||f|E|f|
|Salaries||||||89,140|89,140|87,366|
|Rent and Rates||||||40,337|40,337|62,646|
|Insurance||||||1,224|1,224|1,148|
|Telephone||||||||70|
|Sundries||||||3,863|3,863|5,223|
|Other fundraising|||costs||11,482||11p482|12p432|
|Computer|and office consumables|||||21p910|21,910|15,555|
|Governance||staff|costs|||3,882|3,882|3p805|
|Auditors'|remuneration|||||4,800|4,800|7,830|
|Accountancy||fees||||3,542|3,542||
|Bank charges||||||270|270|110|
||||||11,482|168,968|180,450|196,185|
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|2020|2019|
|---|---|
|f|f|
|4,800|7,830|
|3,542||
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|STAFF COS|TS|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
|Wages and|salaries|||511p882|533,898|
|Social security costs||||44,020|42,856|
|Other pension costs||||26,262|21,526|
|||||582,164|598,280|
|The average|monthly|number ofemployees|during the year was as follows:|||
|||||2020|2019|
|Programme|coordination|||18|20|
|Fundraising||||2|1|
|||||20|21|
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|11.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR|ENDED 31JULY|2019|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||E|f|E|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||105,327||105,327|
||Charitable
activities|||||||
||Community-Apprentice||programmes||16,746|743,383|760,129|
||Total||||122,073|743,383|865,456|
||EXPENDITURE ON|||||||
||Raising funds||||10,016|39,080|49,096|
||Charitable
activities|||||||
||Community-Apprentice||programmes||5,032|741,383|746,415|
||Total||||15,048|780,463|795,511|
||NET INCOME/(EXPENDITURE)||||107,025|(37,080)|69,945|
||Transfers between funds||||(41,982)|41,982||
||Net movement
in funds||||65,043|4,902|69,945|
||RECONCILIATION
OF|FUNDS||||||
||Total funds brought|forward|||275,297||275,297|
||TOTAL FUNDS CARRIED||FORWARD||340,340|4,902|345,242|
|12.|DEBTORS:AMOUNTS|FALLING||DUE WITHIN ONE YEAR||||
|||||||2020|2019|
|||||||E|f|
||Prepayments
and accrued income|||||43,773|92,143|
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|CREDITORS: AMOUNT|S
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2020|2019|
|||f|f|
|Social security and other taxes||10,702|10,625|
|Accruals and deferred|income|170,595|221,786|
|||181,297|232,411|
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||2020|2019|
|---|---|---|
||f|f|
|Within one year|17,113|31,967|
|Between one and five years|17,320|7,343|
||34,433|39,310|
|PROVISIONS FOR LIABILITIES|||
||2020|2019|
||f|E|
|Provisions|13,000|19,500|
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|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.8.19|in funds|funds|31.7.20|
|||f|f|f|f|
|Unrestricted|funds|||||
|General fund||340,340|142,431|(116,447)|366,324|
|Restricted funds||||||
|London|||(38,497)|38,497||
|Birmingham|||(1,598)|1,598||
|Bristol|||(76,352)|76,352||
|National
Programmes||4,902|33,943||38,845|
|||4,902|(82,504)|116,447|38,845|
|TOTAL FUNDS||345,242|59p927||405,169|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f|f|f|
|Unrestricted|funds||||
|General fund||148,301|(5,870)|142,431|
|Restricted funds|||||
|London||201,360|(239,857)|(38,497)|
|Birmingham||205,529|(207,127)|(1,598)|
|Bristol||142,873|(219,225)|(76,352)|
|National
Programmes||100,000|(66,057)|33,943|
|||649,762|(732,266)|(82,504)|
|TOTAL FUNDS||798,063|(738,136)|59,927|
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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.8.18|in funds|funds|31.7.19|
|||f|f|f|f|
|Unrestricted|funds|||||
|General fund||275,297|107,025|(41,982)|340,340|
|Restricted funds||||||
|London|||(24,137)|24,137||
|Birmingham|||(2,548)|2,548||
|Bristol|||(15,297)|15,297||
|National
Programmes|||4,902||4,902|
||||$37,0B0)|41,982|4,902|
|TOTAL FUNDS||275'297|69,945||345,242|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|In funds|
|||E|f|f|
|Unrestricted|funds||||
|General fund||122,073|(15,048)|107,025|
|Restricted funds|||||
|London||274,500|(298,637)|(24,137)|
|Birmingham||206,731|(209p279)|(2,548)|
|Bristol||197,152|(212,449)|(15,297)|
|National
Programmes||65,000|(60,098)|4,902|
|||743,383|(780,463)|(37,080)|
|TOTALFUNDS||865,456|L795,5) 1)|69,945|
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.8.18|In funds|funds|31.7.20|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||275,297|249,456|(158,429)|366,324|
|Restricted funds|||||||
|London||||(62,634)|62,634||
|Birmingham||||(4,146)|4,146||
|Bristol||||(91,649)|91,649||
|National|Programmes|||38,845||38,845|
|||||(119,584)|158,429|38,845|
|TOTALFUNDS|||275397|129,872||405,169|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||E|E|E|
|Unrestricted|funds||||
|General fund||270,374|(20,918)|249,456|
|Restricted funds|||||
|London||475,860|(538,494)|(62,634)|
|Birmingham||412,260|(416,406)|(4,146)|
|Bristol||340,025|(431,674)|(91,649)|
|National
Programmes||165,000|(126,155)|38,845|
|||1,393,145|(Lp512,729)|(119,584)|
|TOTAL FUNDS||1,663,519|(1,533,647)|129,872|
##
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||||2020|2019|
|---|---|---|---|---|
||||E|f|
|Deferred||Income at 1August 2019|204,400|75,400|
|Released||during year|(204,400)|(75,400)|
|Arising|in|year|151,036|204,400|
|Balance|at 31July 2020||151,036|204,400|
##
||||2020|2019|
|---|---|---|---|---|
||||E|E|
|Accrued||income at 1August 2019|73,861|138,677|
|Released||during year|(73,861)|(138,677)|
|Arising|in year||28,926|73,861|
|Balance||at 31July 2020|28,926|73,861|