OpenCharities

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2020-08-31-accounts

Note 2020 2019
Income from:
Donations
456,350 385,263
Total Income 456,350 385,263
Expenditure
on:
Charitable
expenditure
624,375 293,304
Net (outgoing)I incoming resources (168,025) 91,959
Fund balance
brought forward at 1 September
106,808 14,849
Fund balances carried forward at 31August (61,217) 106,808

Company number 5003276 Company number 5003276 Note 2020f 2020 2019 2019
Non-current
assets
Tangible fixed assets 2,828 309
Current assets
Debtors 236 236
Cash at bank and in hand 46,270 111,448
Creditors: amounts falling due
within one year (110,551) (5,185)
Net current (liabilities)/assets (64,045) 106,499
Total assets less current
liabilities (61,217) 106,808
Capital and reserves
Unrestricted
(deficit)/
funds (61,217) 106,808

Donations
2020 2019
Donations 437,200 385,263
Grants 19,150
456,350 385,263
Direct charitable expenditure 2020
K
2019f
Ethos fund expenses
Personnel costs
56,820
217,692
11,103
94,359
Governance costs 5,490 7,532
Depreciation
Tove Learning
Trust (formerly Grace Academy
Foundation) 1,252
343&121
310
180,000
624,375 293,304

Net (outgoing) / incomi ng resou rces
2020 2019
Net (outgoing)/ incoming resource is stated after charging:
Depreciation
Independent
examiners
fees 1,252
3,400
310
2,359

Staffcosts
2020f 2019
R
Salaries 156,694 78,304
National
insurance
6i190 8,522
Pension costs 12,817 6,261
175,701 93,087
Average
number ofpersons employed
by the charity during the year
(excluding Trustees) analysed
by function:
Number Number
Management
and administration
ofthe charity 10

The key management
personnel
comprise the trustees
and t
total PNil (2019- 859,607).
Fixed assets
he principal
officers whose employee
benefits
Computer
equipment
Cost
At 1 September' 2019
Additions
1,237
3,771
At 31 August 2020 5,008
Depreciation
At 1 September 2019
Provided
for during the year
928
1,252
At 31 August 2020 2,180
Net book value
At 31 August 2020 2,828
At 31 August 2019 309

7 Creditors: amounts
falling due within one year
Creditors: amounts
falling due within one year
Creditors: amounts
falling due within one year
2020f 2019
Accruals and deferred
income
Other creditors
Taxation and social security
94,233
11,048
5,270
2,000
2,950
235
110,551 5,185
8 Financial
Instruments
2020 2019f
Financial assets
Cash and cash equivalents
Financial assets that are debt
instruments measure at amortised cost 46,270
236
111,448
236
46,506 111,684
Financial
liabilities
Financial
liabilities measured
at amortised costs 105,402 4,950