2021-07-31-accounts

Registered	Company	Name:	Quest for Learning	Quest for Learning
Charity Number:			1107219
Company	Number:		5273829
Registered	Office:		Thameside	Primary School
			Cotman Close
			Abingdon
			OX14 5NL
Telephone:			01235783198
Email:			info uestforlearnin		.or .uk
Website:			www. uestforlearnin		.or .uk
Trustees/Directors:			E Bayley		(Appointed	18.11.2020)
			BBrice		(Appointed	25.04.2018)
			SBroadbent		(Appointed	07.12.2016)
			R Copleston	Chair	(Appointed	14.07.2018)
			A Hammond		(Appointed	16.09.2020)
			K Rose		(Appointed	13.05.2020)
			KSenior		(Appointed	07.12.2016)
			N Wells		(Appointed	14.06.2018)
			C Williams		(Appointed	14.06.2018)
Company Secretary:			Mr Tony Hobbs		(Appointed	05.06.2011)
Executive Director:			Ms Sian Renwick		(Appointed	12.11.2018)
Bankers:			CAF Bank Ltd
			25 Kings Hill Avenue
			Kings Hill
			West Mailing
			ME194JQ
Accountants:			Chapman, Robinson S.		Moore Limited
			30 Bankside Court
			Stationfields
			Kidlington
			OX5 1JE
Legal Advisers:			Blake Morgan Solicitors
			Seacourt Tower
			West Way
			Oxford
			OX2 OFB

							31/7/21	31/7/20
					Unrestricted	Restricted	Total	Total
					fund	funds	fu nels	funds
INCOME AND ENDOWMENTS		FROM		Notes	E	E	E	E
Donations and legacies					90,855	23,336	114,191	92,630
Income from charitable Investment income	activities		—Trading activities	2 3	147,335 1	6,734	154,069 1	33,487 14
Total					238,191	30,070	268,261	126,131
EXPENDITURE ON
Raising funds					19,473	2,780	22,253	11,245
Charitable activities
Trading					189,427	26,056	215,483	125,880
Total					208,900	28,836	237,736	137,125
NET INCOME/(EXPENDITURE)					29,291	1,234	30,525	(10,994)
Transfers between funds				10	6,234	(6,234)
Net movement in funds					35,525	(5,000)	30,525	(10,994)
RECONCILIATION OF FUNDS
Total funds brought forward					42,991	5,188	48,179	59,173
TOTAL FUNDS CARRIED FORWARD					78,516	188	78,704	48,179

				31/7/21	31/7/20
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	f		f	f
FIXEDASSETS
Tangible assets		3,865		3,865
CURRENT ASSETS
Debtors		28,649		28,649	350
Cash at bank and in hand		58,702	28,948	87,650	77,150
		87,351	28,948	116,299	77,500
CREDITORS
Amounts falling due within one year		(12,700)	(28,760)	(41,460)	(29,321)
NET CURRENT ASSETS		74,651	188	74,839	48,179
TOTAL ASSETS LESSCURRENT LIABILITIES		78,516	188	78,704	48,179
NETASSETS		78,516	188	78,704	48,179
FUNDS	10
Unrestricted funds				78,516	42,991
Restricted funds				188	5,188
TOTAL FUNDS				78,704	48,179

	31/7/21	31/7/20
	f	f
Literacy courses	20,998	12,842
Miscellaneous fundraising	480	6,782
Numeracy teaching		3,101
Literacy teaching	129,463	10,762
Government grants	3,128
	154,069	33,487

							31/7/21	31/7/20
Full time staff								1
Part time staff							30	14
							30	15
No employees	received	emoluments			in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
						Unrestricted	Restricted	Tota I
						fund	funds	funds
						f	f	f
INCOME AND	ENDOWMENTS		FROM
Donations and	legacies					91,371	1,259	92,630
Income from charitable		activities		—Trading
activities						(18,639)	52,126	33,487
Investment income						14		14
Total						72,746	53,385	126,131
EXPENDITURE	ON
Raising funds						2,140	9,105	11,245
Charitable activities
Trading						81,403	44,477	125,880
Total						83,543	53,582	137,125
NET INCOME/(EXPENDITURE)						(10,797)	(197)	(10,994)
RECONCILIATION OF FUNDS
Total funds brought forward						53,788	5,385	59,173
TOTAL FUNDS	CARRIED	FORWARD				42,991	5,188	48,179

							Fixtures
							and
							fittings
							f
COST
At 1August 2020 Additions Disposals							1,858 3,865 (1,628)
At 31July 2021							4,095
DEPRECIATION
At 1August 2020 Eliminated on disposal							1,858 (1,628)
At 31July 2021							230
NET BOOK VALUE
At 31July 2021							3,865
At 31July 2020
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
						31/7/21	31/7/20
						f	f
Trade debtors Other debtors						28,129 520	(170) 520
						28,649	350
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
						31/7/21	31/7/20
						f	f
Trade creditors Social security and other taxes Deferred income Pension fund						2,258 5,612 29,412 673	1,195 26,925 336
Accrued expenses						3,505	865
						41,460	29,321
MOVEMENT IN FUNDS
					Net	Transfers
					movement	between	At
				At 1/8/20	in funds	funds	31/7/21
					f	f	f
Unrestricted funds
General fund				42,991	29,291	6,234	78,516
Restricted funds
Elizabeth Jane Foundation				1,500		(1,500)
The Bouttell Bequest				1,500		(1,500)
Doris Field Charitable	Trust			2,000		(2,000)
Robert and Margaret	Moss Charitable		Trust	188			188
Eventbrite					1,234	(1,234)
				5,188	1,234	(6,234)	188
TOTAL FUNDS				48,179	30,525		78,704

			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted funds
General fund			238,191	(208,900)	29,291
Restricted funds
St Michael's and All Saint's Charities			4,956	(4,956)
St Mary g.John Primary		School	1,260	(1,260)
Doris Field Charitable	Trust		1,000	(1,000)
Sarah Nowell Education		Foundation	280	(280)
University of Oxford			797	(797)
Tambour Foundation			11,140	(11,140)
Sovereign Housing Association			2,625	(2,625)
Cottsway Housing Association			3,388	(3,388)
St Ebbes			1,890	(1,890)
Eventbrite			1,234		1,234
John Thaw Foundation			1,000	(1,000)
Magic Little Grants			500	(500)
			30,070	(28,836)	1,234
TOTAL FUNDS			268,261	(237,736)	30,525

				Net
				movement	At
			At 1/8/19	in funds	31/7/20
			E	E	E
Unrestricted funds
General fund			53,788	(10,797)	42,991
Restricted funds
Elizabeth Jane Foundation			1,500		1,500
The Bouttell Bequest			1,500		1,500
Doris Field Charitable	Trust		2,000		2,000
Robert and Margaret	Moss Charitable	Trust	385	(197)	188
			5,385	(197)	5,188
TOTAL FUNDS			59,173	(10,994)	48,179

		Incoming	Resources	Movement
Unrestricted funds		resources f	expended f	in funds f
General fund		72,746	(83,543)	(10,797)
Restricted funds
StChristopher's Primary School St Michael's and All Saint's Charities Robert and Margaret Moss Charitable University of Oxford Tambour Foundation East Oxford Primary School Sovereign Housing Association St Ebbes Eventb rite St Mary and StJohn Primary School Didymus Cottsway Housing Association	Trust	8,190 4,896 350 10,860 5,040 5,250 3,780 909 5,040 3,000 1,000	(8,190) (4,896) (197) (350) (10,860) (5,040) (5,250) (3,780) (909) (5,040) (3,000) (1,000)	(197)
Crowdfunder		5,070	(5,070)
		53,385	(53,582)	(197)
TOTAL FUNDS		126,131	(137,125)	(10,994)
RELATED PARTY DISCLOSURES

				31/7/21	31/7/20
				E
INCOME AND ENDOWMENTS
Donations and legacies
Donation				57,022	48,247
Grant				57,169	44,383
				114,191	92,630
Income from charitable	activities - Trading activities
Literacy courses				20,998	12,842
Miscellaneous fundraising				480	6,782
Numeracy teaching					3,101
Literacy teaching				129,463	10,762
Government grants				3,128
				154,069	33,487
Investment income
Bank interest receivable					14
Total incoming resources				268,261	126,131
EXPENDITURE
Expenditure on raising	funds	and costs of investment	management
Fundraising costs				787	2,337
Numskills resources				953	405
Literacy resources				20,513	8,503
				22,253	11,245
Support costs
Finance
Bank charges				87	65
Administrative overheads
Liability and contents	insurance			1,570	917
Computer costs				868	186
Sundries				223
Postage and stationery				1,029	545
Subscriptions to periodicals				288	105
Coaching sessions				2,100
				6,078	1,753
Employee costs not included		in direct costs
Salaries —Admin staff				92,458	76,057
Employers Nl - Admin	staff			2,414	2,773
Pensions —admin staff				2,196	1,589
Salaries - teaching staff				101,684	37,674
Employers Ni - teaching				300	232
Recruitment expenses				2,346	278
				201,398	118,603

			31/7/21	31/7/20
Employee costs not included		in direct costs	f	f
Premises expenses
Rent payable				1,440
Professional	fees paid to advisors
Consultancy Accountancy	and professional fees	fees	4,215 3,705	919 3,100
			7,920	4,019
otal resources	expended		237,736	137,125
et income/(expenditure)			30,525	(10,994)