2021-09-30-accounts - Lantern Of Knowledge Educational Trust

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		30.9.21	30.9.20
	Notes
FIXEDASSETS
Tangible assets		1,475,313	1,469,752
CURRENT ASSETS
Debtors	10	3,716	4,772
Cash at bank and in hand		99,852 103,568	111,195 ~115,96
CREDITORS
Amounts falling due within one year		(17,846)	(34,813)
NET CURRENT ASSETS		85,722	81,154
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,561,035	1,550,906
CREDITORS
Amounts falling due aAer more than one year	12	(452,249)	(519,249)
NET ASSETS		1,108,786	1,031,657
FUNDS	14
Unrestricted funds		1,108,786	1,031,657
TOTAL FUNDS		1,108,786	1,031,657

Cash Flow Statement
for the Year Ended 30September 2021
				30.9.21	30,9,20
			Notes
Cash flows from operating	activities
Cash generated from operations				67,407	155,262
Interest paid					4337
Net cash provided by operating activities				67,407	155,229
Cash flows from investing Purchase oftangible fixed	activities assets			~11,750	~125137
Net cash used in investing	activities			(11,750)	(12,513)
Cash flows from financing Loan repayments in year	activities			~67 000
Net cash used in financing	activities			(67,000)	(47,775)
Change in cash and cash equivalents		in the
reporting period				(I1,343)	94,941
Cash «nd cash equivalents	at the beginning
ofthe reporting period				111,195	16/54
Cash and cash equivalents	at the end	ofthe
reporting period				99,852	111,195

RECONCILIATION	RECONCILIATION		INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
				30.9.21	30.9.20
				E
Net income	for thc	reporting	period (as pcr the Statement ofFinancial
Activities)				77,129	121,803
Adjustments	for:
Depreciation	charges			6,189	6,989
Interest paid					33
Decrease in debtors (Decrease)/increase in creditors Net cash provided by operations				1,056 ~16,967) 67,487	26,437 155,262

for	the Year Ended 3	0September 2021	0September 2021	0September 2021
2.	DONATIONS	AND LEGACIES
					30.9.21	30.9.20
	Gift Donations				(I) 65,147	(I) 44,527
					65,146	44,526
3.	OTHER TRADING ACTIVITIES
					30.9.21	30.9.20
	Shop income				12,737	8,125
	Tuition and Registration Grant Received			Fees	389,971 92,766	375,964 138,232
					485,474	522,321
4.	INVESTMENT	INCOME
					30.9.21	30.9.20
						f
	Rents received					3,100
5.	RAISING FUNDS
	Raising donations		and legacies
					30.9.21	30.9.20
	Staff costs				292,213	290,664
	insurance				4,157	4,132
	Light and heat				6,475	4,252
	Telephone				1,042	1,814
	Postage and stationery				106	159
	Sundries Educational Supplies Supply Teaching &Consultancy Business Rates and Water Rates StaffTraining Hire Expenses				797 8,279 123,110 13,514 1,090 7,221	3,966 9,101 86,785 10,076 1,125 4,423
	Extra Curricular	Activities			1,170	2,500
	Security and Safety				2,540	1,181
	Repair &, maintenance				585	1,863
	DBSCheck				156	322
	Exam fees Membership Depreciation				4,316 2,386 6,189	6,722 1,186 6,989
	Interest payable	and	similar	charges		33
	Support costs				8,145	10851
					483,491	448,144

STAFF COSTS
			30.9.21	30.9.20
Wages and salaries			279,310	277,034
Social security costs			11,979	10,821
Other pension costs			924	2,809
			292,213	290,664
The average monthly	number ofemployees	during the year was as follows:
			30.9.21	30.9.20
Average Number ofStaff			24	24

TANGIBLE FIXEDASSETS
		Improvements	Fixtures
	Freehold	to	and	Computer
	property	property	fittings	equipment	Totals
COST
At I October 2020	1,289,813	151,985	128,027	9,603	1,579,428
Additions		8,757	2,993		11,750
At 30September2021	1,289,813	160,742	131,020	9,603	1,591,178
DEPRECIATION
At I October 2020			100,074	9,602	109,676
Charge foryear			6.189		6,189
At 30September 2021			106,263	9,602	i15,865
NET BOOK VALUE
At 30September 2021	1,289,813	160,742	24,757		1,475,313
At30September 2020	1,289,813	151,985	27,953		1,469,752
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				30.9.21	30.9.20
Prepayments				3,716	4,772
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				30.9.21	30.9.20
Social security and other taxes				4,887	3,374
Other creditors					4,312
Accountancy				3,600	3,600
Wages				9,359	23 527
				17,846	34813

								Net
							At	movement	At
							1.10.19f	in funds	30.9.20
Unrestricted		funds
General	fund						909,854	121,803	I,031,657
TOTAL	FUNDS						909,854	121,803	1,031,657
Comparative		net movement		in funds, included	in the above are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
							f
Unrestricted		funds
General	fund						569,947	(448,144)	121,803
TOTAL	FUNDS						569,947	(448,144)	121,803
A current	year 12months		and prior year 12 months combined			position	is as follows:

for the Year E	nde	d 30S	eptember 2021
				30.9.21	30.9.20
INCOME AND ENDOWMENTS
Donations «nd	legacies
Gifts Donations				(1) 65,147	(1) 44,527
				65,146	44,526
Other trading	activities
Shop income				12,737	8,125
Tuition and Registration			Fees	389,971	375,964
Grant Received				92,766	133,232
				495,474	522,321
Investment income
Rents received					3,100
Total incoming	resources			560,620	569,947
EXPENDITURE
Raising donations		and legacies
Wages				279,310	277,034
Social security				11,979	10,821
Pensions				924	2,809
Insurance				4,157	4,132
Light and heat				6,475	4,252
Telephone				1,042	1,814
Postage and stationery				106	159
Sundries				797	3,966
Educational Supplies Supply Teaching &Consultancy				8,279 123,110	9,101 86,785
Business Rates and		Water	Rates	13,514	10,076
StaffTraining				1,090	1,125
Hire Expenses				7,221	4,423
Extra Curricular Activities				1,170	2,500
Security and Safety Repair &maintenance				2,540 585	1,181 1,863
DBSCheck				156	322
Exam fees				4,316	6,722
Membership				2,386	1,186
Fixtures and fittings				6,189	6,989
Bank Charges-					33
				475,346	437,293