2021-08-31-accounts

	Page
Directors, Office and Officials	1
Directors' Report	2/3
Accountants' Report	4
Profit and Loss Account	5
Statement of Financial Activities	6
Balance Sheet	7
Notes of Financial Statements	8/9

	LONDON OVERSEAS CHINESE SCHOOL
	DIRECTORS, OFFICE AND OFFICIALS
Directors:	Mr Quey−Chane Huang
	Mrs Wen−Ying Haung
	Ms Krista Ibrahimzadeh
Registered Office	2 Papillons Walk
	London SE3 9SF
Registered Number	05206715
Charity Number	1111336
Accountants	Eric Nabarro & Co
	Hyde Park House
	5 Manfred Road
	Putney
	London SW15 2RS
Bankers	HSBC

			Total	Total
			2021	2020
Incoming Resources		Note
Income from charitable activities:
School fees receivable			7,688	3,788
Donations		1	668	473
Fund Raising		1	18	26
Bank Interest
Total Income			8,374	4,287
Resources Expended
Direct Charitable Expenditure		2	7,747	9,778
Administration		3	336	336
Total Expenditure			8,083	10,114
Net Surplus/(Loss) for the year			291	(5,827)
Net Surplus brought forward			1,826	7,653
Net Surplus for the year	carried forward		2,117	1,826

		Total	Total
		2021	2020
		£	£
Incoming Resources
Incoming resources from	generated funds
Voluntary Income		668	473
Activities for generating funds		18	26
		686	499
Incoming resources from	charitable activities	7,688	3,788
Total Income		8,374	4,287
Resources Expended
Cost of generating funds:
Other costs
Charitable costs		7,747	9,778
Governance costs		336	336
Total Expenditure		8,083	10,114
Net Surplus/(Loss) for the year		291	(5,827)
Net Surplus	brought forward	1,826	7,653
Net Surplus for the year	carried forward	2,117	1,826

	2021	2020
CURRENT ASSETS
Debtors (including donation receivable)
Cash at bank and in hand	2,453	2,188
	2,453	2,188
CURRENT LIABILITIES
Creditors amounts falling due within one year	( 336) 2,117	(.362) 1,826
REPRESENTED BY:
Income and Expenditure Account	2.117	1.826

Donations & Fundraising	2021	2020
Income received from special events/ Fund raising	18	26
Special donations given to support the
ongoing expenditure of the school educational activities	668	473
	686	499
Direct Charitable Expenditure	2021	2020
Voluntary Teachers' Disbursement Expenses	7,734	7,245
Classroom Rent		2,520
	7,734	9.765
Administration Expenses	2021	2020
Accountancy charges	336	336
Other Administration costs	13	13
	349	349

5	Net Surplus/(Loss) for the year	2021	2020
		£	£
	The Surplus/(Loss) for the year	291	(5,827)
6	Creditors amounts falling due within one year	2021	2020
		£	£
	Accruals	336	362

	£	£
Disbursement costs	7.734	7.245