| PAGES | |||||
|---|---|---|---|---|---|
| Trustee's | annual report | (incorporating | the director's report) | Ito 3 | |
| Independent auditor's |
report to the members | 4 to 8 | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | |||||
| Statement | offinancial | position | 10 | ||
| Statement | ofcash flows | ||||
| Notes to | the financial | statements | 12to 19 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | ||||||||
| Income and endowments | ||||||||
| Donations and legacies Charitable activities |
5 6 |
486,804 482,906 |
58,803 | 545,607 482,906 |
617,644 520,559 |
|||
| Other income | 7 | 22,780 | 22,780 | 23,521 | ||||
| Total income | 992,490 | 58,803 | 1,051,293 | 1,161,724 | ||||
| Expenditure | ||||||||
| Expenditure on raising funds: |
||||||||
| Costs ofraising | donations | and | ||||||
| legacies Expenditure on charitable |
activities | 8 9,10 |
11,560 957,917 |
62,706 | 11,560 1,020,623 |
8,642 1,025,945 |
||
| Total expenditure | 969,477 | 62,706 | 1,032,183 | 1 034 587 | ||||
| Net income and net | movement | in | funds | 23,013 | (3,903) | 19,110 | 127,137 | |
| ReconciTlation offunds | ||||||||
| Total funds brought | forward | 218,299 | 14,482 | 232,781 | 105,644 | |||
| Total funds carried | forward | 241,312 | 10,579 | 251,891 | 232,781 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | |||||
| FIXEDASSETS | |||||
| Tangible fixed assets | 15 | 146,456 | 162,026 | ||
| CURRENT ASSETS | |||||
| Debtors | 16 | 112,849 | 38,350 | ||
| Cash at bank and in hand | 14,887 | 69,118 | |||
| 127,736 | 107,468 | ||||
| CREDITORS: amounts year |
falling due within one | 17 | 22,301 | 36,713 | |
| NET CURRENT ASSETS | 105,435 | 70,755 | |||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 251,891 | 232,781 | ||
| NET ASSETS | 251,891 | 232,781 | |||
| FUNDS OFTHE CHARITY | |||||
| Restricted funds | 10,579 | 14,482 | |||
| Unrestricted funds |
241,312 | 218,299 | |||
| Total charity funds | 19 | 251,891 | 232,781 |
| TASHBAR OFEDGWARE LIMITED | ||
|---|---|---|
| COMPANY LIMITED BYGUARANTEE | ||
| STATEMENT OF CASH FLOWS | ||
| YEAR ENDED 31AUGUST 2021 | ||
| 2021 | 2020 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net income | 19,110 | 127,]37 |
| Adjustments for: | ||
| Depreciation oftangible fixed assets | 19,800 | 21,591 |
| Interest payable and similar charges |
135 | 608 |
| Accrued expenses/(income) | 10,000 | (8,393) |
| Changes in: | ||
| Trade and other debtors | (74,499) | (24,958) |
| Trade and other creditors | (24,412) | (52,314) |
| Cash generated from operations |
(49,866) | 63,671 |
| Interest paid | (135) | (608) |
| Net cash (used in)/from operating activities |
(50,001) | 63,063 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase oftangible assets |
(4,230) | (6,458) |
| Net cash used in investing activities |
(4,230) | (6,458) |
| NET (DECREASE)/INCREASE IN CASH AND CASH |
||
| EQUIVALENTS | (54&231) | 56,605 |
| CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR | 69,118 | 12,513 |
| CASH AND CASH EQUIVALENTS AT END OFYEAR | 14,887 | 69,118 |
| The liability ofeach member is limit DONATIONS AND LEGACIES |
ed to Kl. | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| g | |||
| DONATIONS | |||
| Donations | 169,988 | 169,988 | |
| GRANTS | |||
| Grants receivable | 316,816 | 58,803 | 375,619 |
| 486,804 | 58,803 | 545&607 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| DONATIONS | |||
| Donations | 175,970 | 175,970 | |
| GRANTS | |||
| Grants receivable | 387,718 | 53,956 | 441,674 |
| 563,688 | 53,956 | 617,644 |
| 6. | INCOME FROM CH | ARITABLE AC | TIVITIES | TIVITIES | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| School income | 469,732 | 469,732 | 511,283 | 511,283 | |||
| Teaching Services | 13,174 | 13,174 | 9,276 | 9,276 | |||
| 482,906 | 482,906 | 520,559 | 520,559 | ||||
| 7. | OTHER INCOME | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| Other income - Rent | 22,780 | 22)780 | 23,521 | 23,521 | |||
| 8. | COSTS OFRAISING DONATIONS | AND | LEGACIES | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| Fundraising Activities |
11,560 | 11,560 | 8,642 | 8,642 | |||
| 9. | EXPENDITURE ON | CHARITABLE | ACTIVITIES BYFUND TYPE | ||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| Provision ofreligious | and secular education | 950,717 | 62,706 | 1,013,423 | |||
| Support costs | 7,200 | 7)200 | |||||
| 957,917 | 62,706 | 1,020)623 | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2020 | |||||
| Provision ofreligious | and secular education | 976,774 | 41,609 | 1,018,383 | |||
| Support costs | 7,562 | 7,562 | |||||
| 984,336 | 41,609 | 1,025,945 |
| EXPENDIT | URE ON C | HARITABLE | ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken | Grant funding | Total funds | Total fund | |||
| directly | ofactivities | Support costs | 2021 | 2020 | ||
| Provision ofreligious | ||||||
| and secular | education | 1,012,843 | 580 | 1,013,423 | 1,018,383 | |
| Governance | costs | 7,200 | 7,200 | 7,562 | ||
| 1,012,843 | 580 | 7,200 | 1,020,623 | 1,025,945 |
| NET INCOME | NET INCOME | NET INCOME | ||
|---|---|---|---|---|
| Net income is stated after charging/(crediting): | ||||
| 2021 | 2020 | |||
| Depreciation oftangible | fixed assets | 19&800 | 21,591 | |
| AUDITORS REMUNERATION | ||||
| 2021 | 2020 | |||
| Fees payable for the audit ofthe financial | statements | 7,200 | 6,000 | |
| STAFF COSTS | ||||
| The total staff costs and | employee benefits | for the reporting | period are analysed as |
follows: |
| 2021 | 2020 | |||
| Wages and salaries Social security costs |
511,998 7,170 |
562,137 6,836 |
||
| Employer contributions |
to pension plans | 2,356 | 2,778 | |
| 521,524 | 571,751 |
| 15. | TANGIBLE | FIXED AS | SETS | |||||
|---|---|---|---|---|---|---|---|---|
| Freehold Fixtures and | ||||||||
| property f |
fittings | Equipment | Library | Total | ||||
| Cost | ||||||||
| At 1 September 2020 | 236,979 | 97,837 | 18,507 | 12,211 | 365,534 | |||
| Additions | 1,650 | 2,580 | 4&230 | |||||
| At 31August | 2021 | 236,979 | 99,487 | 21,087 | 12,211 | 369,764 | ||
| Depreciation | ||||||||
| At 1 September 2020 | 85,840 | 90,320 | 17,464 | 9,884 | 203,508 | |||
| Charge for the year | 15,114 | 3,025 | 1,196 | 465 | 19,800 | |||
| At 31August | 2021 | 100,954 | 93,345 | 18,660 | 10,349 | 223,308 | ||
| Carrying amount At 31August 2021 |
136,025 | 6,142 | 2,427 | 1,862 | 146,456 | |||
| At 31August | 2020 | 151,139 | 7,517 | 1,043 | 2,327 | 162,026 | ||
| 16. | DEBTORS | |||||||
| 2021 | 2020 | |||||||
| Trade debtors | 13,961 | 6,916 | ||||||
| Prepayments Other debtors |
and accrued | income | 16,667 82,221 |
31,258 176 |
||||
| 112,849 | 38,350 | |||||||
| 17. | CREDITORS: amounts | falling | due within one year | |||||
| 2021 | 2020 | |||||||
| 6 | ||||||||
| Trade creditors | 2,599 | 20,209 | ||||||
| Accruals and | deferred income | 17,200 | 7,200 | |||||
| Social security and other | taxes | 251 | 9,304 | |||||
| Other creditors | 2,251 | |||||||
| 22,301 | 36,713 |
| At | At | ||||||
|---|---|---|---|---|---|---|---|
| 1 September | 31 | August | |||||
| 2020 | Income | Expenditure | 2021 | ||||
| t: | |||||||
| General funds | 218,299 | 992,490 | (969,477) | 241,312 | |||
| At | |||||||
| 1 September | At 31 | August | |||||
| 2019 | Income | Expenditure | 2020 | ||||
| t | |||||||
| General funds | 103,509 | 1 107768 | (992 978) | 218299 | |||
| Restricted | funds | ||||||
| At | At | ||||||
| 1 September | 31 | August | |||||
| 2020 | Income | Expenditure | 2021 | ||||
| Restricted | Fund | 14,482 | 58,803 | (62,706) | 10&579 | ||
| At | At | ||||||
| 1 September | 31 | August | |||||
| 2019 | Income | Expenditure | 2020 | ||||
| Restricted | Fund | 2,135 | 53,956 | (41,609) | 14,482 | ||
| ANALYSIS OFNET ASSETS BETWEEN FUNDS | |||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| Tangible fixed assets | 146,456 | 146,456 | |||||
| Current assets | 117,157 | 10,579 | 127,736 | ||||
| Creditors less than | 1year | (22,301) | (22&301) | ||||
| Net assets | 241,312 | 10,579 | 251,891 | ||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2020 | |||||
| Tangible fixed assets Current assets |
162,026 92,986 |
14,482 | 162,026 107,468 |
||||
| Creditors | less than | 1 year | (36,713) | (36,713) | |||
| Net assets | 218,299 | 14482 | 232 781 |
| At | ||||
|---|---|---|---|---|
| At | 1 | Sep 2020 | Cash flows | 31Aug 2021 |
| 69,118 | (54,231) | 14,887 |