| PAGES | |||||
|---|---|---|---|---|---|
| Trustee's | annual report |
(incorporating | the director's report) | 1to2 | |
| Independent examiner's |
report to the | trustee | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | |||||
| Statement | offinancial | position | |||
| Statement | ofcash flows | ||||
| Notes to | the financial | statements | 7to 14 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 8 | ||||||
| Income and endowments | |||||||
| Donations and legacies Charitable activities |
5 6 |
418,963 481,660 |
54,114 | 473,077 481,660 |
545,607 482,906 |
||
| Other income | 7 | 8,960 | 8,960 | 22,780 | |||
| Total income | 909,583 | 54,114 | 963,697 | 1,051,293 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs ofmising donations and legacies Expenditure on charitable activities |
8 9,10 |
5,414 964,681 |
54,114 | 5,414 1,018,795 |
11,560 1,020,623 |
||
| Total expenditure | 970,095 | 54,114 | 1,024,209 | 1,032,183 | |||
| Net (expenditure)/income movement in funds |
and | net | (60,512) | (60,012) | 19,110 | ||
| Reconciliation offunds | |||||||
| Total funds brought forward |
241,312 | 10,579 | 251,891 | 232,781 | |||
| Total funds carried forward | 180,800 | 10,579 | 191,379 | 251,891 |
| 31AUGUST | 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | |||||
| FIXEDASSETS | |||||
| Tangible fixed assets | 16 | 135,940 | 146,456 | ||
| CURRENT ASSETS | |||||
| Debtors | 17 | 73,295 | 112,849 | ||
| Cash at bank and in hand | 3,379 | 14,887 | |||
| 76,674 | 127,736 | ||||
| CREDITORS: amounts year |
falling due within one | 1821,235 | 22,301 | ||
| NET CURRENT ASSETS | 55,439 | 105,435 | |||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 191,379 | 251,891 | ||
| NET ASSETS | 191,379 | 251,891 | |||
| FUNDS OFTHE CHARITY | |||||
| Restricted funds | 10,579 | 10,579 | |||
| Unrestricted funds |
1$0,800 | 241,312 | |||
| Total charity funds | 20 | 191,379 | 251,891 |
| TASHBAR OF EDGWARE LIMITED COMPANY LIMITED BYGUARANTEE STATEMENT OF CASH FLOWS YEAR ENDED 31AUGUST 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net (expenditure)/income | (60,512) | 19,110 |
| Adjustments for: Depreciation oftangible fixed assets Interest payable and similar charges Accrued (income)/expenses |
10,876 8 (10,000) |
19,800 135 10,000 |
| Changes in: Trade and other debtors |
39,554 | (74,499) |
| Trade and other creditors | 8,934 | (24,412) |
| Cash generated from operations |
(11,140) | (49,866) |
| Interest paid | (135) | |
| Net cash used in operating activities |
(11,14$) | (50,001) |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase oftangible assets | (360) | (4,230) |
| Net cash used in investing activities |
(360) | (4,230) |
| NET DECREASE IN CASH AND CASH EQUIVALENTS | (11,508) | (54,231) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR | 14,$87 | 69,118 |
| CASH AND CASH EQUIVALENTS AT END OFYEAR | 3,379 | 14,887 |
| value, over the useful econo | mic life ofthat asset as follows |
|---|---|
| Freehold property | Over the lease period |
| Fixtures and fittings | 33%reducing balance |
| Equipment | 33%reducing balance |
| Library | 20%reducing balance |
| The liability ofthe each member is l DONATIONS AND LEGACIES |
imited to Kl. | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| DONATIONS | |||
| Donations | 193,014 | 193,014 | |
| GRANTS | |||
| Grants receivable | 225,949 | 54,114 | 280,063 |
| 418,963 | 54,114 | 473,077 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| DONATIONS | |||
| Donations | 169,988 | 169,988 | |
| GRANTS | |||
| Grants receivable | 316,816 | 58,803 | 375,619 |
| 486,804 | 58,803 | 545,607 |
| 6. | CHARITABLE ACT | IVITIES | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| 0 | |||||||
| School income | 466,650 | 466,650 | 469,732 | 469,732 | |||
| Teaching Services | 15,010 | 15,010 | 13,174 | 13,174 | |||
| 481,660 | 481,660 | 482,906 | 482,906 | ||||
| 7. | OTHER INCOME | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| 4 | |||||||
| Other income - Rent | 8,960 | 8,960 | 22,780 | 22,780 | |||
| 8. | COSTSOFRAISING DONATIONS | AND | LEGACIES | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| Fundraising Activities |
5,414 | 5,414 | 11,560 | 11,560 | |||
| 9. | EXPENDITURE ON | CHARITABLE | ACTIVITIES BYFUND TYPE | ||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| Provision ofreligious Support costs |
and secular education | 957,481 7,200 |
54,114 | 1,011,595 7,200 |
|||
| 964,681 | 54,114 | 1,018,795 | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| Provision ofreligious Support costs |
and secular education | 950,717 7,200 |
62,706 | 1,013,423 7,200 |
|||
| 957,917 | 62,706 | 1,020,623 |
| 10. | EXPENDITURE ON C | HARITABLE | ACTI | VITIES | BY | ACTIV | ITY TYPE | |
|---|---|---|---|---|---|---|---|---|
| Activities | ||||||||
| undertaken | Grant funding | Total funds | Total fund | |||||
| directly | ofactivities | Support costs | 2022 | 2021 | ||||
| f. | 6 | |||||||
| Provision ofreligious and secular education Governance costs |
1,001,598 | 9,997 | 7,200 | 1,011,595 7,200 |
1,013,423 7,200 |
|||
| 1,001,598 | 9,997 | 7,200 | 1,018,795 | 1,020,623 | ||||
| 11. | NET (EXPENDITURE)/INCOME | |||||||
| Net (expenditure)/income | is stated after | charging/(crediting): | 2022 | 2021 | ||||
| Depreciation oftangible Operating lease rentals |
fixed assets | 10,876 120,000 |
19,800 120,000 |
|||||
| 12. | AUDITORS REMUNERATION | |||||||
| 2022 | 2021 | |||||||
| Fees payable for the audit ofthe financial statements | 7,200 | |||||||
| 13. | INDEPENDENT EXAMINATION FEES |
|||||||
| 2022 | 2021 | |||||||
| Fees payable to the independent examiner for: Independent examination ofthe financial statements |
7,200 | |||||||
| 14. | STAFF COSTS | |||||||
| The total staff costs and | employee benefits for |
the reporting | period | are analysed as 2022 |
follows: 2021 |
|||
| Wages snd salaries Social security costs Employer contributions |
topension plans | 544,394 8,132 2,440 |
511,998 7,170 2,356 |
|||||
| 554,966 | 521,524 |
| 16. | TANGIBLE FIXEDAS | SETS | |||||
|---|---|---|---|---|---|---|---|
| Freehold Fixtures and | |||||||
| property | fittings | Equipment | Library | Total | |||
| Cost | |||||||
| At 1 September 2021 Additions |
236,979 | 99,487 | 21,087 360 |
12,211 | 369,764 360 |
||
| At 31August 2022 | 236,979 | 99,487 | 21,447 | 12,211 | 370,124 | ||
| Depreciation At 1 September 2021 Charge for the year |
100,954 7,557 |
93,345 2,027 |
18,660 920 |
10,349 372 |
223,308 10,876 |
||
| At 31August 2022 | 108,511 | 95,372 | 19,580 | 10,721 | 234,184 | ||
| Carrying amount At 31August 2022 |
128,468 | 4,115 | 1,867 | 1,490 | 135,940 | ||
| At 31August 2021 | 136,025 | 6,142 | 2,427 | 1,862 | 146,456 | ||
| 17. | DEBTORS | ||||||
| 2022 | 2021 | ||||||
| Trade debtors | 13,961 | ||||||
| Prepayments and accrued Other debtors |
income | 3,334 69,961 |
16,667 82,221 |
||||
| 73,295 | 112,849 | ||||||
| 18. | CREDITORS: amounts | falling | due within one year | ||||
| 2022 | 2021 | ||||||
| Trade creditors | 2,284 | 2,599 | |||||
| Accruals and deferred income | 7,200 | 17,200 | |||||
| Social security and other Other creditors |
taxes | 251 11,500 |
251 2,251 |
||||
| 21,235 | 22,301 |
| 20. | ANALYSIS OF C Unrestricted funds |
HARITABLE FUNDS | ||||
|---|---|---|---|---|---|---|
| At | At | |||||
| 1 September | 31 | August | ||||
| 2021 | Income | Expenditure | 2022 | |||
| General funds | 241,312 | 909,583 | (970,095) | 180,800 | ||
| At | ||||||
| 1 September | At 31August | |||||
| 2020 | Income | Expenditure | 2021 | |||
| f, | E | |||||
| General funds | 218,299 | 992,490 | (969,477) | 241,312 | ||
| Restricted funds | ||||||
| At | At | |||||
| 1 September | 31 | August | ||||
| 2021 | Income | Expenditure | 2022 | |||
| Restricted Fund | 10,579 | 54,114 | (54,114) | 10,579 | ||
| At | ||||||
| 1 September | At 31August | |||||
| 2020 | Income | Expenditure | 2021 | |||
| Restricted Fund | 14,482 | 58,803 | (62,706) | 10,579 | ||
| 21. | ANALYSIS OF NET ASSETSBETWEEN FUNDS | |||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| Tangible fixed assets Current assets |
135,940 66,095 |
10,579 | 135,940 76,674 |
|||
| Creditors less than | 1 year | (21,235) | (21,235) | |||
| Net assets | 180,800 | 10,579 | 191,379 | |||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| Tangible fixed assets Current assets |
146,456 117,157 |
10,579 | 146,456 127,736 |
|||
| Creditors less than | 1 year | (22,301) | (22,301) | |||
| Net assets | 241,312 | 10,579 | 251,891 |
| 22. | ANALYSIS OF CHANG | ES IN NET DE | BT | ||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At 1 Sep | 2021 | Cash flows | 31Aug 2022 | ||||
| Cash at bank and in hand | 14,887 | (11,508) | 3,379 | ||||
| 23. | OPERATING LEASE COMMITMENTS | ||||||
| The total future minimum | lease payments | under | non-cancellable | operating leases are as follows: |
|||
| 2022 | 2021 | ||||||
| Not later than 1year Later than 1 year and not Later than 5 years |
later than 5 years | 120,000 480,000 12440,000 |
120,000 480,000 1,560,000 |
||||
| 2,040,000 | 2,160,000 |