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2021-12-31-accounts

EDUCATION FOR THE CHILDREN FOUNDATION

ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31[ST] DECEMBER 2021

Charity Registration Number 1099280

1

www.eftc.org.uk enquiries@eftc.org.uk

Principle and Registered Address:

52a Rectory Road, West Bridgford, Nottingham, Notts, NG2 6BU

Governance: The Charity is constituted under a trust deed dated 2[nd] October 2017.

Trustees who served during the year of 2021:

Michelle Aitken (Chair) Matt Denman Nimesh Kamath Miranda Keast (retired in September 2021) Sophie McKee Dougal Powrie

Chief Executive: David McKee

The Board of Trustees meet regularly and twice a year, formally, to discuss policy, strategy and finances. In addition, trustees convene whenever the need arises to advise on matters of urgency. Decisions are made on a majority vote.

Risk Assessment

The risk register is continually updated and discussed at each meeting. The Trustees have assessed the major risks to which the charity is exposed and are satisfied that appropriate systems have been implemented to mitigate exposure to the major risks.

Bank:

Bank of Scotland plc P.O. Box 1000

BX2 1LB

Independent Examiner:

Phil Glyn-Smith (FCA): Whiteacres, Cambridge Road, Whetstone, Leicestershire, LE8 6ZG

This report covers Education for the Children Foundation’s activities in the UK and Guatemala from 1[st] January 2021 to 31[st] December 2021. Education for the Children was formally established on 16 May 2003 and became a registered charity on 4 September 2003. (Registered Charity number 1099280)

2

Table of Contents

Page
Chair’s Commentary 4
Educate, Nurture, Empower 5
Our Impact in 2021 6
Evaluating Pandemic Outcomes 7
School of Hope Staff 8
Financial Commentary 9
Independent Examiner’s Report 12
Annual Accounts 2021 13

3

Chair’s Commentary

2021 was expected to be a year of recovery from the pandemic but the effects of the ongoing disruption made this year as difficult as the year before. Despite many changes to the plans, both for the school and fundraising, the staff, students and families found ways of working around the closures and accommodating the restrictions. To quote our Project Director, Sara Miller ‘Throughout 2021, our students, families, and staff grappled with loss: loss of structure, security, connection and advancement, loss of the sheer noise, beautiful chaos and energy of a school filled with 450 students.’ However, 2021 became the year of ‘can do’ and the resilience shown was exceptional. This report highlights the successes that were achieved.

Having been working tirelessly with a remote model of teaching and students submitting packets of work at regular intervals, our school briefly opened for the students in May to accommodate them using outside spaces with a ‘hybrid’ home/school model. Sadly, only 3 weeks later, with rising Covid cases, the Ministry for Education ordered schools to close again. During 2020 and early 2021, generous donors had ensured that we had enough IT infrastructure and tablet/laptop donations that all of our staff and the majority of our Middle School students had access to virtual classes 3 days a week. The Primary School students completed the year through bimonthly work packets delivered by their parents, as well as watching videos made by teachers, sending in videos of their progress, and had access to teachers through WhatsApp groups in order to stay in contact.

Our Project Director, Sara Miller, once again led the team through difficult times, managing to keep spirits motivated, create a functioning team that supported each other and still offered the best education and social support possible in the circumstances.

In the UK, there were still limited fundraising activities but some key events were possible. A successful fundraiser held at Lords in the Long Room attracted new supporters to EFTC and with some creative thinking the fundraising income increased significantly. These supporters join the wider group of individual sponsors in the UK and Europe, corporate sponsors, trust funds and those who have continued to support us in a range of fundraising activities.. As both grant givers and our individual supporters suffered from the ongoing effects of lockdowns and economic decline, there was a slight drop in both these areas of funding.

Each type of supporter makes a big difference and we truly appreciate the contribution they make. Our regular sponsorship programme is crucial in ensuring sustainable funding and keeping these supporters engaged has again been a key focus in 2021.

Again, we drew on our volunteers to assist with our events and other business activities. These include Phil Glyn-Smith and Alison Hollett for their work on ensuring the accounts are filed on time. Our gratitude and thanks, once again, is extended to Castlegate Capital Ltd for providing us with heavily subsidised office space and continuing to cover office expenses even though it was hardly used in 2021. Without this support, EFTC would bear significant additional costs, enabling us to pass on more of our supporters' donations to the School of Hope. We also received a significant donation of laptops from Experian and St. James’s Place which helped both our students and teachers during the period of hybrid teaching.

Our staff, students and families were faced with all manner of challenges throughout the year. What has emerged is a strength within the whole team and a continued ability to be flexible and agile which will stand us in good stead as we look forward to resuming our activity in 2022.

The effort that the staff put in to continue our work and to sustain the education of our students in some form is to be congratulated. Resilience and determination of the whole organisation has led to the results in this report. A report we are proud of in light of the challenging year.

Thank you Michelle Aitken Chair of Trustees

4

THE SCHOOL OF HOPE EDUCATE, NURTURE, EMPOWER OUR VISION That young people from all backgTourK15 have the abilrty to access quajrty educats.on and opportunrties for rewarding employment. VALUES Highly individudised approach Long-term commitment Holistic SUPPDrt Communty centred OUR MISSION Driven by a comwnttment to equal oppK>rtunth"es. Educats"on for the Children has worked wth disadvantaged young people and families from the Jocotenango area since 2003 to access quJity education, nutritsous food, healthcare and SOCI￿ SUPFK)rt. We to empower young people wth the skills and confidence to be successful in their chosen careers. DELIVERED THROUGH 4 PILLARS Education Nutrition Healthcare Social Support lincl. psychologicJ surwrt. I￿￿$ing, leg￿ advice)

OUR IMPACT IN 2021 46 at risk students undertook educational 'bootcamps' to re- engage and motFvate AII 700 students received comprehensive mental health screening and preventive programmes 466 students supported, with monthly food hampers 32 paI￿S T￿lih hte &qviYJ 111 students studying at University I day a week in-person classes for all grades for 7 weeks at end of 2021 18 students supported speech therapy 352 tablets and laptops (k)nated to get our junior high. huh sch(yJl. and universty students SU￿S￿l￿ leaming online 13 High School Graduations 13 legd cases Managed Expansion of Special Education to 16 students 420 mentd health screenings completed with Habilmind 48 hours of staff training on Sexual reproducts've hedth with partner WINGS 131 families provided with water fi-lters 58 girls received the HPV vaccine 600 dental hygiene kits distributed to students 68 students receFved individud therapy sessions 5 UniveTSty Graduats'ons 94.4% High School Pass Rate 10 students diagnosed with longer term medical conditions 46 siudents supported with short temi medical assisLince 32 long term medical conditions managed 51 students referred for medical assistance

For full details and impact of all of our programmes in 2021 please visit www.eftc.org.uk or contact us

7

SCHOOL OF HOPE STAFF Arr￿rIC Number of full time staff: 52 Local composition of Leadership Team: 73 % Female composition of Leadership Team: 73 % Male 28% Overseas staff Female 72 Guatemalan staff 94%

Financial Commentary

The accounting period runs from 1 January to 31 December to align with the Guatemalan school year.

The total income raised was £594,312 of which of which £168,032 was restricted and £426,280 was unrestricted.

The main source of unrestricted income for Education for the Children is through the student sponsorship programme and personal donations, as well as some key corporate sponsors who together, in the accounting year to 31 December 2021, raised 69% of the total unrestricted income. Whilst the funds raised has dropped from the previous year due to individuals’ own income being affected by the pandemic, we were able to continue our relationship with most of our sponsors, which has been really encouraging.

A further 7% of unrestricted income came from our charitable trusts and grant givers which was slightly lower than 2021 due to the size of grants being reduced. We successfully increased the event income in 2021 to 22%, which has been encouraging.

This income is supported by restricted funds which can be from individuals, corporations or charitable trust grants. Restricted funds were 28% of our total income in this year, which were specific donations from individuals and corporations, most notably the continued support from St. James's Place Foundation. St. James's Place Foundation continues to be a long term supporter of EFTC. They have provided funds for a number of initiatives at the school which have enabled us to embed various activities into our core service provision and help us to continue our work in the Further Education programme.

9

As with many of the charitable trusts, grant givers, corporate or Foundation supporters the ability to provide as generous support as in previous years has been difficult and we have seen a drop in the total amounts here too.

Our fundraising costs decreased again in 2021 by £10,055 demonstrating how we continued to adjust to the impact of the pandemic and how effective the fundraising team has become. In 2021, the UK office was staffed by an equivalent of 3.3 full time positions by 5 staff members who adapted their work patterns to accommodate the unpredictable nature of the external environment.

Education for the Children took action again in 2021 to avoid currency fluctuations having an impact on finances in Guatemala by forward buying of the US dollar and setting the annual budget figures based on this rate.

The amount spent to support the education and welfare provision at the School of Hope was £472,153 of the total charity expenditure. The School too worked wherever possible to reduce the income needed to offer our provision to the students.

Education for the Children holds no investments in the charity name and makes no income from any endowment funds.

In the balance sheet at the current liabilities line, it can be seen that these are not actually liabilities but rather deferred income derived from sponsorship paid in advance, of £15,055 in 2022 and £25,833 in 2023 and is fully spendable by us as unrestricted sponsorship.

At the end of December 2021, reserves were £131,081 compared to £148,914 which were held on 31 December 2020.

10

Reserves Policy

The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The Trustees consider that this level will provide sufficient funds to maintain our services and ensure that support and governance costs are covered. Clearly, this year has, again, been unprecedented and the reserves have fallen to under this level. We are confident that once there is more stability in the fundraising possibilities again, we can increase our reserves back to previous years’ levels.

A subcommittee of Trustees continues to monitor financial planning, including currency and cash flow management.

Arrangements for Setting Pay and Remuneration

Pay and Remuneration is set by the Trustees in the UK and by the Foundation Director in Guatemala after guidelines issued by the Trustees.

11

INDEPENDENT EXAMINER’S REPORT

Report to the trustees of Education for the Children Foundation (Charity Reg No 1099280) on accounts for the year ended 31[st] December 2021.

Set out on pages: 13 -24

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: Philip Anthony Glyn-Smith 26 August 2022 Relevant professional qualification(s) or body: FCA Address: Whiteacres, Cambridge Road, Whetstone, Leicestershire, LE8 6ZG

12

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021

FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021 FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021 FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021 FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021 FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021 FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021 FOR THE YEAR 1 JANUARY 2021 to 31 DECEMBER 2021
Charity No.
1099280
Unrestricted
Funds
1/1/2021 to
31/12/2021		 Restricted
Funds
1/1/2021 to
31/12/2021		 Total
Funds
1/1/2021
to
31/12/2021		 Year to
31/12/20
Notes £ £ £ £
Income from:
Child Sponsorships and Donations 2 293,325 23,797 317,122 326,184
Grants Received 2 39,000 144,235 183,235 209,372
Fund RaisingEvents 2 93,955 0 93,955 39,996
Bank Interest -
-
Total Income 426,280 168,032 594,312 575,552
Expended on:
RaisingFunds 2,3 139,992 139,992 150,047
Education and Welfare Provision in
Guatemala		 4 288,586 183,567 472,153 499,201
- - -
Total Expenditure 428,578 183,567 612,145 649,248
Net Movement in Funds (2,298) (15,535) (17,833) (73,696)
Reconciliation of Funds:
Total Funds Brought Forward 130,173 18,741 148,914 222,610
Total Funds Carried Forward 127,875 3,206 131,081 148,914

13

Balance Sheet

As At 31 December 2021

As at As at
31/12/2021 31/12/2020
Notes £ £
Current assets
Debtors 5 57,839 37,045
Cash at bank and in hand 7 134,320 150,854
Total current assets 192,159 187,899
Current Liabilities Due within one year 6 35,245 17,385
Net current assets/(liabilities) 156,914 170,514
Total assets less current liabilities 156,914 170,514
Current Liabilities Due after one year
Deferred income - Annual Sponsorship received in 6 25,833 21,600
advance to be paid to the school in future years
Total net assets or liabilities 131,081 148,914
Funds of the Charity 8
Restricted income funds 3,206 18,741
Unrestricted funds 127,875 130,173
Total funds 131,081 148,914
Signed by one or two Trustees on behalf of all the Trustees Print Name Date
Michelle
Aitken 08.08.2022

14

STATEMENT OF CASH FLOWS

For Year 1 January 2021 to 31 December 2021

Total
Prior Year
Funds
2021
2020
£
£
Net Cash used in Operating Activites
(16,534)
(74,780)
Cash Flows from Investing Activities
Interest and Dividends
Net Cash Provided By Investing Activities
Change in Cash and Cash Equivalents in the Year
(16,534)
(74,780)
Cash and Cash equivalents brought forward
150,854
225,634
Cash and Cash equivalents carried forward
134,320
150,854
Reconciliation of Net Movement in Funds to net cash flow from operating activities
31/12/2021
31/12/2020
£
£
Net Movement in Funds
(17,833)
(73,696)
Deduct Interest shown in Investing Activities
Decrease (increase) in Debtors
(20,794)
12,935
Increase (decrease) in Creditors
22,093)
(14,019)
Net Cash Used in Operating Activities
(16,534)
(74,780)		 Total
Prior Year
Funds
2021
2020
£
£		 Total
Prior Year
Funds
2021
2020
£
£		 Total
Prior Year
Funds
2021
2020
£
£
(16,534) (74,780)

Net Movement in Funds
Deduct Interest shown in Investing Activities
Decrease (increase) in Debtors
Increase (decrease) in Creditors
Net Cash Used in Operating Activities
31/12/2021
£
(17,833)
(20,794)
22,093)
(16,534)
(73,696)
12,935
(14,019)
(74,780)

15

Note 1

ACCOUNTING POLICIES

(a ) Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The trust constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

(b) Funds Structure

Restricted funds are funds which are to be used in accordance with specific restrictions imposed

by the donor or trust deed. There is one permanent restricted fund held for monetary gifts from a child's sponsor for the purchase of clothing, additional books and studying material, health care and in some cases improvements to their living conditions at home. When large grants are received for a specific purpose a separate restricted fund is raised.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

(c) Income Recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants and Donations that are subject to terms and conditions are treated as Deferred Income until it is probable that the terms and conditions can be met.If the conditions are not wholly within the control of the charity it will be disclosed as a contingent asset.

Donated Services provided by Castle Gate Capital Ltd to the Charity are not reasonably quantifiable, measurable or material, but the scope of the support is mentioned in the Trustees' Annual Report. Volunteer Help received is not included in the accounts, but is described in the Trustees' Annual Report Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid received on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or terms of the appeal have specified otherwise.

(d) Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Support costs. Office staff costs are the major component of Support Costs. As such Support Costs have been apportioned on a time spent basis. Where direct costs have arisen when staging events, these have been charged against the particular event. Governance Costs comprise all costs involving public accountability of the charity and its compliance

16

with regulation and good practice. Support costs have been allocated to Governance costs where applicable. Deferred Income arises from child sponsorships paid annually and apportioned on a monthly annual basis from the date of receipt. The deferred income is carried forward as a liability within Creditors on the balance sheet. See note 6.1.

(e) Assets

Tangible Fixed Assets are capitalised if they can be used for more than one year, and cost at least £1,500.

They are valued at cost.

(f) Foreign Currencies

Transactions in currencies other than pounds are recorded at the rates of exchange prevailing at the dates of the

transactions. At each reporting date, monetary assets and liabilities that are denominated in foreign currencies

are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation are included in net income/expenditure for the period.

The company uses foreign currency forward contracts in order to mitigate the impact of exchange rate

fluctuations. These contracts are recognised at fair value with gains and losses being included in net income or expenditure for the period.

17

NOTES TO THE ACCOUNTS

Note 2 Analysis of Income and Costs

FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021

Donations
Fund
Raising
Events
Investment
Income
Governanc
e
Costs
N.B.		 Unrestricted
funds
income year
to to
31/12/2021
Restrict
ed
income
funds
year to
31/12/21
Total
funds
for year
to
31/12/20
21
£
£
£		 Unrestricted
funds
income year
to to
31/12/2021
Restrict
ed
income
funds
year to
31/12/21
Total
funds
for year
to
31/12/20
21
£
£
£		 Unrestricted
funds
income year
to to
31/12/2021
Restrict
ed
income
funds
year to
31/12/21
Total
funds
for year
to
31/12/20
21
£
£
£		 Unrestricted
funds
income year
to to
31/12/2021
Restrict
ed
income
funds
year to
31/12/21
Total
funds
for year
to
31/12/20
21
£
£
£		 Unrestricted
funds
income year
to to
31/12/2021
Restrict
ed
income
funds
year to
31/12/21
Total
funds
for year
to
31/12/20
21
£
£
£		 Unrestricted
funds
income year
to to
31/12/2021
Restrict
ed
income
funds
year to
31/12/21
Total
funds
for year
to
31/12/20
21
£
£
£		 Prior
year
31/01/20
20 to
31/12/20
20
£
Child Sponsorships 169,155 169,155 180,278
Donations Received Directly 86,358 23,797 110,155 105,161
Gift Aid 37,812 37,812 40,745
Just Giving/Virgin Money - - -
Sub Total 293,325 23,797 317,122 326,184
Grants from other Charitable Foundations 39,000 144,235 183,235 209,372
Total Income from Child Sponsorships and
Donations
Office Support Costs
Net Income from Child Sponsorships and
Donations		 332,325 168,032 500,357 535,556
0
332,325 168,032 500,357 535,556
Annual Ball 18,204 - 18,204 13,234
Golf Day 6,734 - 6,734 8,114
Lord's Lunch 46,353 - 46,353 -
World EFTC day - 1,950
Supper Club 4,458 4,458
Other (Community income, Christmas Campaign) 18,206 - 18,206 16,698
Total Income From Fund Raising Events
Direct Costs of Staging Events
Office Support Costs
Net Income From Fund Raising Events		 93,955 - 93,955 39,996
(33,461) (33,461) (4,215)
(4,810) (4,810) (9,461)
55,684 0 55,684 26,320
Interest - - -
Total

Audit Fees		 - - - -
0 0
Trustees ( Chairman) Air Fares to Guatemala 0 0 0
Total Governance Costs
Trustees are not re-imbursed for expenses, on
travel to Guatemala.		 0 0 0
TOTAL INCOME 426,280 168,032 594,312 575,552

18

EXPENDED
ON:-		 Note 2 continued
Analysis of Income
and Costs
FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
Office Support Costs
(81,394)
(20,327) (101,721)
(136,371)		 Note 2 continued
Analysis of Income
and Costs
FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
Office Support Costs
(81,394)
(20,327) (101,721)
(136,371)		 Note 2 continued
Analysis of Income
and Costs
FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
Office Support Costs
(81,394)
(20,327) (101,721)
(136,371)		 Note 2 continued
Analysis of Income
and Costs
FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
Office Support Costs
(81,394)
(20,327) (101,721)
(136,371)		 Note 2 continued
Analysis of Income
and Costs
FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
Office Support Costs
(81,394)
(20,327) (101,721)
(136,371)		 Note 2 continued
Analysis of Income
and Costs
FOR THE YEAR 1 JANUARY to 31 DECEMBER 2021
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
Office Support Costs
(81,394)
(20,327) (101,721)
(136,371)
Unrestricted
funds income
year to to
31/12/2021
Restricte
d income
funds
year to
31/12/21
Total
funds for
year to
31/12/202
1
Prior year
31/01/202
0 to
31/12/202
0
(81,394)
(20,327) (101,721)
(136,371)
(81,394) (101,721) (136,371)
Adjusted: Support Costs are not charged to Restricted
Funds		 (20,327) 20,327 0 0
Total Governance Costs
Sub-Total of Support Costs		 0 0 0 0
(101,721) 0 (101,721) (136,371)
Education and Welfare
provision in Guatemala		 (288,586) (183,567) (472,153) (499,201)
Net Movement in Funds (as per SoFA)
(2,298) (15,535) (17,833)
N.B. As most of the Office Support Costs are staff salaries, all support costs have been apportioned
on an hours worked basis

19

NOTES TO THE ACCOUNTS

Note 3

STAFF COSTS and BENEFITS

3.1 Staff Costs

Staff Costs
Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
Total staff costs		 1/1/2021 to
31/12/2021
1/1/2020 to
31/12/2020
£
£
58,206 92,258
1,206 2,528
9,697 7,419
- -
69,109 102,205

3.4 Average head count in the year

2021 2020
Number Number
3.3 5

20

Notes to the accounts

Note 4

Grantmaking

4 Analysis of grants paid (included in cost of charitable activities)

Grants to institutions 1/1/2020 to
Analysis 1/1/2021 to 31/12/2021 31/12/2020
£ £
Funding for School and Family
Welfare 472,153 499,201
Total 472,153 499,201

N.B The charity does not identify and/or allocate support costs.

21

Notes to the accounts Notes 5, 6 and 7 Debtors and Creditors

5 Analysis of debtors

Trade debtors
Prepayments and accrued income
Other debtors
Total
Analysis of creditors
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total		 £
£
57,839
37,045
-
-
-
57,839
37,045
Amounts falling due within
one year
Amounts falling due
after more than one
year
This period
Last year
This period
Last year
£
£
£
£
-
-
-
-
-
-		 £
£
57,839
37,045
-
-
-
57,839
37,045
Amounts falling due within
one year
Amounts falling due
after more than one
year
This period
Last year
This period
Last year
£
£
£
£
-
-
-
-
-
-		 £
£
57,839
37,045
-
-
-
57,839
37,045
Amounts falling due within
one year
Amounts falling due
after more than one
year
This period
Last year
This period
Last year
£
£
£
£
-
-
-
-
-
-		 £
£
57,839
37,045
-
-
-
57,839
37,045
Amounts falling due within
one year
Amounts falling due
after more than one
year
This period
Last year
This period
Last year
£
£
£
£
-
-
-
-
-
-
20,000 - - -
- - - -
15,035 17,015 25,833 21,600
-
123 370 -
35,158 17,385 25,833 21,600

6 Analysis of creditors

6.1[Deferred income]

Some child sponsors pay annually and this apportioned on a monthly annual basis from the date of receipt. In addition one large donation was made to support a class over a three year period.

Movement in deferred income account

Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period
7 Cash at bank and in hand
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other
Total		 This period
Last year
£
£
36,687
47,487		 This period
Last year
£
£
36,687
47,487
36,687
40,868 36,687
(36,687) (47,487)
40,868 36,687
This period
Last year
£
£
-
-
-
-
134320
150,854
-
-
134,320
150,854

22

Note 8

Charity Funds

8.1 Details of material funds held and movements during the CURRENT reporting period 1/1/2021 to 31/12/2021

Fund names Type of Fund Purpose and Restrictions Fund balances
brought forward		 Income Expenditure Transf
ers		 Gains
and
losses		 Fund balances
carried forward
£ £ £ £ £ £
Unrestricted Fund Unrestricted Main Fund for providing Welfare 130,173 426,280 (428,578) 0 0 127,875
0 0 0
Foux Foundation Restricted Core 11,945 (9,954) 1,991
SJP Restricted Non
Core		 10,000 (10,000) 0
Tula Trust Restricted Core 2,000 (2,000) 0
Ashworth Charitable Trust Restricted Core 4,290 (4,290) 0
Coles Medlock Restricted Core 5,000 (5,000) 0
Evan Cornish Foundation Restricted Core 10,000 (10,000) 0
Kate Farrer Restricted Core 1,000 (1,000) 0
SJP Restricted Core 100,000 (100,000) 0
UEFA 9,107 0 (9,107) 0
0
Restricted nutrition donations from individuals Restricted Restricted to nutrition and all other Covid-19
needs		 15,337 (15,337) 0
Gifts from individuals and companies for
speficic projects at the school ( bathrooms)		 Restricted 8,219 8,460 (16,386) 293
Gifts from Child Sponsors Restricted Monetary gifts for the purchase of clothing, books, pay for
health care, improve living conditions at home.		 1,415 2,006 (2,499) 0 922
Total Funds 148,914 596,318 (614,151) 0 0 131,081

23

**8.2 ** Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020 Details of material funds held and movements during the PREVIOUS reporting period 1/1/2020 to 31/12/2020
Fund names Type of Fund Purpose and Restrictions Fund
balances
brought
forward		 Income Expenditure Transfers Gains and
losses
 nd balances carr
forward
£ £ £ £ £ £
Unrestricted Fund Unrestricted Main Fund for providing Welfare 221,773 379,439 (471,039) - - 130,173
SJP Restricted Higher Education Grant Instalment 2021 100,000 (100,000) - - -
James Tudor Foundation Restricted School nurse & first aid supplies £5,038.00 (5,038.00)
The Grace Trust Restricted Bathroom Renovation £750.00 (750.00)
Foux Foundation Restricted Covid-19 Emergency food hampers £15,000.00 (15,000.00)
Randal Charitable Foundation Restricted Covid-19 Emergencyfood hampers £24,000.00 (24,000.00)
Brian Guiness Trust Restricted Covid-19 General Response £2,000.00 (2,000.00) -
The Paget Trust/JSHC Settlement Restricted Covid-19 General Response £4,000.00 (4,000.00) -
Kate Farrer Trust Restricted Love literacy £1,000.00 (1,000.00) -
The John and Susan Bower Trust Fund Restricted Nutrition 600.00 (600.00) -
Souter Charitable Trust Restricted Healthcare 4,000.00 (4,000.00) -
Uefa Restricted Repairs to the sportspitch roof[EUR10,000] 9,107.00 9,107
Restricted nutrition donations from individuals Restricted Restricted to nutrition and all other Covid-19 needs 15,220 (15,220)
Gifts from individuals and companies for speficic
projects at the school(bathrooms)		 Restricted 11,834 (3,615) 8,219
Gifts from Child Sponsors Restricted Monetary gifts for the purchase of clothing, books, pay
for health care, improve livingconditions at home.		 837 3,564 (2,986) - - 1,415
Total Funds 222,610 575,552 (649,248) - - 148,914

24