LEEDS FAITH IN SCHOOLS
ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021
COMPANY REGISTRATION No: 04843253
CHARITY REGISTRATION No: 1106036
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
CONTENTS
| Page 3 | Legal & Administrative Information. |
|---|---|
| Pages 4 to 7 | Report of the Directors. |
| Page 8 | Statement of Financial Activities. |
| Page 9 | Balance Sheet. |
| Pages 10 to 15 | Notes to the Financial Statements. |
| Page 16 | Independent Examiner's Report on the Accounts. |
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LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1106036
COMPANY REGISTRATION NUMBER 04843253 DATE OF INCORPORATION 23rd July 2003 START OF FINANCIAL YEAR 1st September 2020 END OF FINANCIAL YEAR 31st August 2021 DIRECTORS AT 31ST AUGUST 2021 Kay Brown Graeme Collins Revd Mark Harlow (Chair) Helen Allison Naomi Griffiths-Littlechild Ann Nicholl Anthony Sheppard
PRINCIPAL STAFF
Benjamin Lawrence
GOVERNING DOCUMENT
OBJECTS
Memorandum and Articles of Association Incorporated 23rd July 2003 as amended by Resolution dated 21st January 2008. The objects are for the benefit of young people in Leeds and the surrounding areas:
- To advance education. 2. To provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving their conditions of life. The objects shall be pursued in accordance with the Christian Principles set out in the Statement of Faith in the schedule to the articles.
WEBSITE www.lfis.org REGISTERED ADDRESS c/o Bridge Street Church Bridge Street Leeds West Yorkshire LS2 7QZ BANKERS Unity Trust Bank plc The Co-operative Bank plc Nine Brindley place PO Box 101 4 Oozells Square 1 Balloon Street Birmingham Manchester B1 2HB M60 4EP
INDEPENDENT EXAMINER K Gomes Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
3
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31ST AUGUST 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
The company was incorporated on 23 July 2003 under the Companies Act 1985 as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.
On 1 August 2003 the remaining net assets of the unincorporated charity 'Leeds Faith in Schools' were
transferred to the company. The transfer was in accordance with the unincorporated charity's constitution and a resolution to transfer the funds had been signed by the trustees.
During the following year the company applied for charitable status and on 24th September 2004 the
charity became registered with the Charity Commission in England and Wales.
All the directors of the company are also trustees of the charity. The trustees who served during the year under review and to date are set out on page 3. Under the articles of association at the AGM one third of the directors, who are subject to retirement by rotation, shall retire from office.
The trustee body comprises practising Christians from a wide breadth of Church tradition. The organisation is non-denominational. The skill base of the trustee body is regularly reviewed. Where a need for additional skills is identified, recruitment is undertaken on an informal basis via the Christian
community in Leeds. Prospective trustees are interviewed at a trustees' meeting. An induction pack is given to new trustees highlighting their responsibilities for the organisation.
The trustees meet bi-monthly to review the activities of the organisation. All trustees give their time voluntarily. Any expenses reclaimed by trustees from the charity are set out in note 11 of the accounts,
The directors have implemented a risk management strategy which comprises:
- An annual review of the risks which the charity may face;
• The establishment of systems and procedures to mitigate those risks identified; and
• The implementation of procedures designed to minimise any potential impact on the charity
should any of those risks materialise.
ACTIVITIES
The focus of our work
The work of Leeds Faith in Schools (LFIS) has continued to be Good News to the young people in the high schools of Leeds. We maintain that individuals working with schools' senior leaders, staff and young people are the most effective way to carry out the delivery of our work and have continued with the model of individual youth and schools workers trained to deliver a wide range of activities in school. Through this we remain a flexible and professional resource to schools, providing the local church with an
effective way to be able to care for and take time to invest in the lives of young people in Leeds.In the
time of Covid-19 restrictions the ability to be flexible and respond to the needs of individual schools and
to take the opportunities that have arisen has been key to the way we have continued to live out our vision.
Our schools workers contribute to many areas of school life, including:
- Assemblies, RE lessons, and lunch clubs, plus one-off events such as Prayer Spaces, building on schools SMSC development and particularly contributing to the spirituality development of young people. During the period of restrictions much of this work has moved online with virtual assemblies and lessons that give a message of hope in difficult times and support the school in staying connected with students
4
LEEDS FAITH IN SCHOOLS
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
ACTIVITIES (continued)
- PSHCE lessons, providing education on topics such as healthy relationships and sex, money
management, stress and anxiety and global justice issues. - Sports clubs, football, dance and basketball, all of which have been places young people have had the opportunity to develop leadership, team skills and achieve success.
- Mentoring of individuals and groups; dealing with issues such as self-harm, self-esteem,
anger management and friendship. Again mentoring has continued but much of this has been
via phone conversations as well as delivering mentoring packs to schools as they entered the
first lockdown so students would have encouraging resources to take home with them.
In addition to our schools work, we partner with youth groups and organisations across the city to host a range of recreational activities and discipleship opportunities for students to access during the school
year. Despite the challenges and curtailing of activity the lockdown has, of necessity, brought out the
creativity of workers and has enabled much needed contact and support using technology to facilitate connections.
How does our work benefit the public?
Our main activities and achievements are highlighted below. All our charitable activities focus on our key aim of being Good News to the High Schools in Leeds. Our schools and youth workers are valued and
respected members of their school communities, undertaking our activities to further our charitable purpose for the public benefit.
ACHIEVEMENTS AND PERFORMANCE
2019/20 has been a very different year for us with Covid impacting our work massively from March when lockdown began. We have however still managed to achieve a lot both before lockdown but also during this unprecedented time. We worked as usual in schools up until lockdown came in - delivering our usual spread of lessons, mentoring, lunch groups, prayer spaces and various other activities. Lockdown restricted a lot of what we could do, however those that were not furloughed were still able to engage with students remotely and offer support wherever possible.
Lockdown Mentoring
“Lockdown affected a lot of the work we could do in school but thankfully we were able to continue some of our mentoring with young people that were still in school throughout lockdown. One of these was Leopald* who I had been working with for a year. Life at home for him was tough and lockdown had made this harder for him. I was able to meet with him a few times throughout the term and give him some space to talk about what was going on in his life.
It gave him the opportunity to be open and honest whilst feeling secure in the knowledge that he was
being listened to. It helped him to process all that was going on with Covid and his home life situation too. A combination of games, chatting and mentoring activities took him from a place of real struggle to being able to be more content in his life and it has helped him to thrive since school has resumed again.”
Ashley’s story
“Ashley, a year 11 student I have mentored this year, has struggled with his mental health since he was in a car accident a few years ago that left him with a disability. The first time I met Ashley was in September 2020, just after the first 6 month lockdown.
The first session we had together I could not stop Ashley from talking. Our sessions are usually 30
minutes long, our first one lasted for over an hour. I could see straight away that having a mentor would be valuable to him. In our meetings, Ashley has really opened up about his struggles with his mental health. He has felt very low and anxious as a result of the injuries he sustained in an accident when he was younger, and like so many other young people, the first lockdown only made these feelings worse.
5
LEEDS FAITH IN SCHOOLS
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
ACHIEVEMENTS AND PERFORMANCE (continued)
There was one session where I saw a real change in Ashley. He has always loved music, especially
producing music at home. On a couple of occasions, he has shared some of the music that he has produced, but he has always lacked the confidence to share it with other people. One afternoon, I went to collect Ashley from his class for one of our sessions, and he came out beaming. We sat down and he
shared how he had finally plucked up the courage to share his music online, not only that, but his friends and family had told him how good it was. This was a huge moment for Ashley and I could tell that he felt so proud of himself for taking that step. Since that moment Ashley has continued to grow in his confidence and has continued to step out of his comfort zone.
Ashley has mentioned a few times how having a mentor has helped him to feel more confident and less anxious, I have seen this too.
I hope you can feel encouraged that Leeds Faith in Schools gets to support students like Ashley, to help them have someone to speak to about their struggles.”
*Names of young people changed to maintain confidentiality.
Prayer Space
In March 2020 we ran our Prayer Space in Abbey Grange Church of England Academy once again just before lockdown was announced to the nation. As expected, a lot of the prayer asked for was in relation
to fears about Covid. We were able to provide prayer stations with space for young people to reflect and share concerns about the virus.
We also gave the opportunity to reflect on other areas of their lives, including their local area and the
world. We enabled approximately 500 students to engage throughout the week.
Whilst at the time we didn’t know what was around the corner it was very fitting that we were able to provide such a peaceful space before the world changed so much.
Links with local churches:
Local churches continue to be a key part of our work. They provide support for us in many ways from use of their buildings to partnering with us in delivering our work in schools. These links have been more important than ever in this year to offer support, encourage one another and pray for each other in what has been a difficult time.
Key Moments
We were able to deliver Christmas lessons and assemblies in our usual fashion this year. We saw over 5000 students throughout the festive period and were able to bring a message of hope; sharing what Christians believe Christmas is all about.
Due to the lockdown we had to change our plans for the Easter period. We created an online version of our lesson which was sent to some of the schools that we work with.
We were also able to provide remote mentoring through phone calls to some of the young people we work with which was a huge blessing and support to our partner schools in what was a tumultuous time.
Volunteers
Unfortunately due to Covid we have not worked with volunteers as much as we usually like to. We continue to value our volunteers highly, and are looking forward to when it will be possible to work in partnership with them once again.
Financial Achievements
The organisation is sustained through funding from four main streams: individuals, the local church, fees and grants/trusts. This year we have also benefited from the Coronavirus Job Retention Scheme; an additional significant source of income to note.
6
LEEDS FAITH IN SCHOOLS
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
ACHIEVEMENTS AND PERFORMANCE (continued)
Since 2018/19 we have seen a decrease in our church funding, but an increase in our support from individuals. Overall our income for the year was a slight decrease compared to 2018/19 but was fairly
similar. It was also slightly lower than our anticipated figures, but again, similar. Overall the impact of
coronavirus has had a positive effect on our expenditure; bringing it slightly lower than expected for the year. Our expenditure over the year was less than that of 2018/19. We ended the year on a small surplus, which was a real improvement on projections. We continue to be thankful to God for His
provision, through the generosity of many individual people, local churches, trusts, schools and other sources. We continue to partner with schools directly which enables the delivery of our core work. Over the years using the partnership agreement arrangement has meant a stable financial and professional basis on which to deliver our work. This year our partnerships with schools in Leeds have largely
remained unaffected by the impact of the coronavirus pandemic; the majority of schools have continued to prioritise and safeguard our provision despite the necessary changes and challenges, which has served to highlight the value of our work in the high schools across our city.
Unfortunately we have been less able to connect with churches during this period, primarily due to the
challenges of the pandemic. The support of and collaboration with local churches continues to be a priority in our work and an important connection that we know greatly benefits the young people we reach. We are looking to further establish our connections with local churches in the coming year.
We are, as ever, but particularly this year, extremely grateful to all our supporters (both individuals and ‘champion churches’) as well as each of the Trusts, who have given very generously over the year, enabling our work to continue and flourish, throughout this challenging season.
STAFF CHANGES
- In September 2019 Sarah Derbyshire left the team. There were no other changes to the staff team during the period.
LOOKING FORWARD
The Trustees recognise that the charity is securely established in its procedures and is highly regarded by the schools and churches of Leeds. It is their strong purpose to see the charity continue to grow so that more schools can be served to the benefit of more young people. We are also keen to continue to develop partnership across the city and particularly in the communities around the schools.
The trustees have continued to seek to contain costs and seek new sources of funding and have been grateful for the support of the Government-funded furlough scheme for some of the workers that has allowed us to maintain full employment ready for schools reopening in September 2020.
The trustees will continue to actively recruit new trustees to support and extend the work of the charity.
FINANCIAL REVIEW
The Statement of Financial Activities shows a loss for the year of £11,807 and the cash position stands in total at £74,680 at 31 August 2021.
The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the charity should be 3 months of resources expended. At this level the trustees feel they would be able to continue the activities of the charity in the event of a drop in funding and enable sufficient time for replacement funding to be sourced.
The principal funding source is from donations (which includes giving from individuals as well as
7
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2021
(Incorporating Income & Expenditure Account)
| Notes INCOME Income from Generated Funds Donations and Legacies 3a Other Trading Activities 3b Income from Investments 3c 3d TOTAL INCOME EXPENDITURE 4a TOTAL EXPENDITURE NET INCOME/ EXPENDITURE Fund Brought Forward TOTAL FUNDS CARRIED FORWARD Income from Charitable Activities Expenditure on Charitable Activities |
TOTAL TOTAL Unrestricted Designated Restricted Funds Funds Funds 2020/21 2019/20 £ £ £ £ £ 90,120 - 8,100 98,220 112,141 4,396 - - 4,396 11,546 - - - - 161 35,068 - - 35,068 33,240 |
|---|---|
| 129,583 - 8,100 137,683 157,088 |
|
| 141,390 - 8,100 149,490 154,952 |
|
| 141,390 - 8,100 149,490 154,952 |
|
| 11,807 - - - 11,807 - 2,136 81,986 - - 81,986 79,850 |
|
| 70,179 - - 70,179 81,986 |
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 11 to 15 form part of these financial statements.
8
LEEDS FAITH IN SCHOOLS
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31ST AUGUST 2021
| Note Fixed Assets Tangible Assets 2 Current Assets Debtors & Prepayments 7 Cash at Bank and in Hand 6 Total Current Assets 8 NET CURRENT ASSETS TOTAL ASSETSless current liabilities 9 NET ASSETS Funds of the Charity General Funds Designated Funds Restricted Funds 5 Total Funds Directors' Responsibilities: Creditors:amounts falling due within one year Creditors:amounts falling due in more than one year |
Unrestricted Restricted 31-Aug-21 31-Aug-20 Funds Funds Total Total £ £ £ £ - - - - |
|---|---|
| - - - - 5,333 - 5,333 19,006 66,802 - 66,802 74,680 |
|
| 72,135 - 72,135 93,686 |
|
| 1,956 - 1,956 11,700 |
|
| 70,179 - 70,179 81,986 |
|
| 70,179 - 70,179 81,986 - - - - |
|
| 70,179 - 70,179 81,986 |
|
| 70,179 - 70,179 81,986 - - - - - - - - |
|
| 70,179 - 70,179 81,986 |
|
The directors are satisfied that for the period ended on 31st August 2021 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 17.
The director(s) acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
Approved by the Directors on ............................................
Signed on their behalf by Director ..................................................
Mark Harlow, Chair and Director.
Company Registration Number: 04843253
9
LEEDS FAITH IN SCHOOLS
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2021
Basis of Preparation
The financial statements have been prepared on the historical cost basis of accounting in accordance with the Charities Act 2011, Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2015), applicable accounting standards and the Companies Act 2006. The accounts have been prepared on an ongoing concern basis. The charity meets the definition of a public benefit entity under FRS102.
Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
1. ACCOUNTING POLICIES
The particular accounting policies adopted are set out below.
INCOME
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
-
the charity becomes entitled to the resources;
-
the Directors are virtually certain they will receive the resources; and
-
the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS102 SORP or FRS102.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when received.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Directors' annual report.
10
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
1. ACCOUNTING POLICIES (Continued)
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Governance Costs include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
CHANGES IN ACCOUNTING POLICIES AND PREVIOUS ACCOUNTS
There has been no change to the accounting policies since last year and no changes in the previous accounts.
ASSETS
Fixed Assets
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line balance over their estimated useful lives. The rates applied per annum are as follows:
| Fixtures and equipment | 33.3% | ||
|---|---|---|---|
| 2. TANGIBLE FIXED ASSETS | |||
| Unrestricted | Total | ||
| Fixtures and equipment | |||
| £ | £ | ||
| Cost | 01-Aug-20 | 19,600 | 19,600 |
| Additions | - | - | |
| Cost at | 31-Aug-21 | 19,600 | 19,600 |
| Depreciation | 01-Aug-20 | 19,600 | 19,600 |
| Charge | - | - | |
| Depreciation at | 31-Aug-21 | 19,600 | 19,600 |
| Net Book Value | 31-Aug-21 | - | - |
| Net Book Value | 31-Aug-20 | - | - |
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31-Aug-21 : £1,650 31-Aug-20 £1,650
11
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
3. INCOME
| 3. INCOME | |||||
|---|---|---|---|---|---|
| TOTAL | TOTAL | ||||
| Unrestricted | Designated | Restricted | |||
| Funds | Funds | Funds | 2020/21 | 2019/20 | |
| £ | £ | £ | £ | £ | |
| a) Donations and Legacies | |||||
| Gifts & Donations | 83,285 | - | 8,100 | 91,385 | 104,809 |
| Gift Aid | 6,834 | - | - | 6,834 | 7,332 |
| 90,120 | - | 8,100 | 98,220 | 112,141 | |
| b) Other Trading Activities | |||||
| Fundraising Activities | 4,396 | - | - | 4,396 | 11,546 |
| 4,396 | - | - | 4,396 | 11,546 | |
| c) Income from Investments | |||||
| Interest Received | - | - | - | - | 161 |
| - | - | - | - | 161 | |
| d) Income from Charitable activities | |||||
| Recovery of Staff Salary Costs | 35,068 | - | - | 35,068 | 33,240 |
| 35,068 | - | - | 35,068 | 33,240 | |
| 4. EXPENDITURE | |||||
| TOTAL | TOTAL | ||||
| Unrestricted | Designated | Restricted | |||
| Funds | Funds | Funds | 2020/21 | 2019/20 | |
| £ | £ | £ | £ | £ | |
| a) Expenditure on Charitable Activities | |||||
| Communications | |||||
| Publicity | 49 | - | - | 49 | 15 |
| Website | 289 | - | - | 289 | 280 |
| Expenses | |||||
| City Wide | - | - | - | - | 30 |
| Consumables | 204 | - | - | 204 | 400 |
| Depreciation | - | - | - | - | - |
| Events | 15 | - | - | 15 | 606 |
| Resources | 340 | - | - | 340 | 523 |
| Volunteers | - | - | - | - | - |
| Carried Forward | 898 | - | - | 898 | 1,854 |
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LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
4. EXPENDITURE (continued)
| Unrestricted | Designated | Restricted | TOTAL | TOTAL | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2020/21 | 2019/20 | |
| £ | £ | £ | £ | £ | |
| a) Expenditure on Charitable | Activities (cont.) | ||||
| Brought Forward | 898 | - | - | 898 | 1,854 |
| Office | |||||
| Equipment (under £500) | 385 | - | - | 385 | 64 |
| Phone & Internet | 252 | - | - | 252 | 420 |
| Printing, postage & stationery | 3,811 | - | - | 3,811 | 2,448 |
| Rent | - | - | - | - | 5,010 |
| Sundries - Decorating | 1,379 | - | - | 1,379 | 555 |
| Other | |||||
| Accountancy | 1,273 | - | - | 1,273 | 1,200 |
| Bank Charges | 72 | - | - | 72 | 72 |
| DBS Costs | 157 | - | - | 157 | 157 |
| Insurance | 1,348 | - | - | 1,348 | 1,395 |
| Payroll Fees | 660 | - | - | 660 | 1,008 |
| Recruitment | 438 | - | - | 438 | - |
| Subscriptions | 305 | - | - | 305 | 310 |
| Staff | |||||
| Employment Costs | 125,393 | - | 8,100 | 133,493 | 135,587 |
| Hospitality | 929 | - | - | 929 | 1,173 |
| Training & Retreat | 2,147 | - | - | 2,147 | 1,553 |
| Travel | 1,944 | - | - | 1,944 | 2,147 |
| 141,390 | - | 8,100 | 149,490 | 154,952 |
5. RESTRICTED FUNDS
| All churches trust Mr Willats Trust Grant 6. CASH AT BANK AND IN HAND Bank Accounts Petty Cash |
Balance Balance 01-Aug-20 Income Expenditure 31-Aug-21 £ £ £ £ - 1,500 1,500 - - 5,000 5,000 - - 1,600 1,600 - |
|---|---|
| - 8,100 8,100 - |
|
| Unrestricted Restricted Total Total Fund Fund 31-Aug-21 31-Aug-20 £ £ £ £ 66,752 - 66,752 74,630 50 - 50 50 |
|
| 66,802 - 66,802 74,680 |
13
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
7. DEBTORS AND PREPAYMENTS
| Income tax recoverable Prepayments and accrued income Trade debtors |
Unrestricted Restricted Total Total Fund Fund 31-Aug-21 31-Aug-20 £ £ £ £ - - - - - - - 3,333 5,333 - 5,333 15,673 |
|---|---|
| 5,333 - 5,333 19,006 |
8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Creditors and accruals Deferred income |
Unrestricted Restricted Total Total Fund Fund 31-Aug-21 31-Aug-20 £ £ £ £ 1,956 - 1,956 1,196 - - - 10,504 |
|---|---|
| 1,956 - 1,956 11,700 |
9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
There were no Creditors or Accruals falling due in more than one year during this financial year (2019/20: None).
10. STAFF COSTS AND NUMBERS
| 2020/21 £ Gross Wages and Salaries 118,673 Employer's National Insurance Costs 7,654 Pension 7,166 133,493 Average number of Employees who were engaged in each of the following activities: 2020/21 TOTAL Activities in furtherance of organisation's objects 6 Management and administration 1 Total 7 |
2019/20 £ 118,455 7,287 7,345 |
|---|---|
| 133,087 | |
| 2019/20 TOTAL 7 1 |
|
| 8 |
No employees received emoluments in excess of £60,000. Staff are paid through the PAYE system. (2019/20:Nil)
14
LEEDS FAITH IN SCHOOLS (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2021
11. DIRECTORS AND OTHER RELATED PARTIES
No payments were made to directors or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
12. RISK ASSESSMENT
The directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
13. RESERVES POLICY
See Report of the Directors see Page 7.
14. PUBLIC BENEFIT
See Report of the Directors see Page 5.
15
LEEDS FAITH IN SCHOOLS
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
K Gomes MAAT Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
Date: 26.5.22
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