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|||||31December 2021|31December 2021||31December 2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|||
|||||E|E|6||
|INCOMING|RESOURCES|||||||
|Voluntary|income|||35,083||35,083|18,953|
|Incoming resources from charitable|||activities|45,631|10,000|55,631|56,407|
|Investment|income|||6||6||
|Fundraising||||292||292|764|
|TOTAL INCOMING<br>RESOURCES||||81,012|10,000|91,012|76,197|
|RESOURCES EXPENDED||||||||
|Charitable|activities||||3,439|||
|Governance|costs||||||1,439|
|TOTAL RESOURCES EXPENDED||||59,802||63,241|66,519|
|Net incoming/outgoing||resources||21,210|6,561|27,771|9,678|
|Total funds|broughtforward|||104,025||104,025||
|Total funds|carried forward|||125235|6561|131796|104,025|





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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes||E|
|CURRENT ASSETS||||||
|Debtors||||36,272|34,035|
|Cash at bank and in||hand||106597|96,341|
|||||142,869|130,376|
|CREDITORS: Amounts||falling due||||
|within<br>one|year|||11,073|26,351|
|||||131,796|104,025|
|FUNDS||||||
|Restricted|Funds|||6,561||
|Unrestricted<br>funds:||||||
|Endowment|fund||||18,000|
|Genera<br>I funds||||125,235|86,025|
|||||111,100|104,020|





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|1.4.|Resources expended|Resources expended|||||||
|---|---|---|---|---|---|---|---|---|
||Expenditure<br>is recognised<br>when<br>a liability<br>is||incurred||within<br>the charitable|objects and||Is classified|
||between<br>charitable<br>activities and governance|costs||in accordance with SORP 2005.|||||
|1.5.|Foreign currendes||||||||
||Transactions<br>in foreign<br>currency<br>are recognised|||at the|exchange<br>rate<br>prevailing||at the|date of the|
||transaction,<br>any gain or loss arising is separately||shown within the income and|||expenditure||account.|
|1.6.|Value Added Tax||||||||
||Value added<br>tax Is not recoverable<br>by the charity|||and as such<br>is included<br>in||the|relevant|costs in the|
||Statement of Financial Activities.||||||||
|1.8|Restricted funds||||||||
||Restricted funds are to be used for the purposes||specified||by the donor. Income and related|||expenditure|
||which meets these criteria is identified to the|fund.|||||||
|1.9|Unrestricted<br>funds||||||||
||Unrestricted<br>funds are grants, donations<br>and|other||income received or generated|||for the objects ofthe||
||charity without further specified purpose<br>and|is|available||as general funds.||||
|1.10|Designated<br>funds/endowment<br>funds||||||||
||Designated/endowment<br>funds are unrestricted||funds set||aside by the Trustees|for specific purposes.|||





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|Staff costs during the period:|||
|---|---|---|
|Salaries and wages|21,739|23,364|
|Pension costs|1,906|2I131|
|Medical insurance|726|~1211|



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|4.|DEBTORS||E||E||
|---|---|---|---|---|---|---|
||Sponsor debtors||5,039||4,880||
||Gift aid||31|233|29|155|
|5.|CREDITORS: Amounts|falling due within one year|||||
||Deferred Income||9,800||25,325||
||FAYE|||534||426|
||Accruals|||739||600|





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|7.|INCOME|AND EXPENDITURE ACCOUNT|AND EXPENDITURE ACCOUNT||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||INCOME|||||
|||Individual<br>sponsors|||43,553|47,277|
|||Grants<br>received|||10,000||
|||Interest received||||73|
|||Gift aid|||2,078|9,130|
|||Fundralsing|||292|764|
|||Donations|||35,083|18,953|
|||TOTAL RICOME|||912I12|76,197|
|||EXPEND IIURE|||||
|||Charitable<br>activities|||||
|||School fees|||25,364|29,951|
|||Mentoring<br>costs and|support|prior to university|2,724|3,424|
|||Alumni<br>expenses|||3,381|306|
|||Travelling<br>expenses|||2,605|1,219|
|||Salaries|||21,739|23,364|
|||Pension costs|||1,906|2,131|
|||Medical insurance|||726|1,211|
|||Office expenses|||206|85|
|||Bank charges|||296|218|
|||Just giving fee|||282|276|
|||Foreign exchangeloss|||1,518|1,586|
|||Telephone,<br>stationery|and printing||415|321|
|||Computer<br>and offic|expenses||297||
|||Subscri ptions|||167|222|
|||Sundry expenses|||382|317|
|||Governance<br>costs|||||
|||Accounta ncy|||600|600|
|||Audit fee|||633|839|
|||TOTAL EXPENDIIURE|||63341|66419|
|||SURPLUS FORTHE FEIANCIAL||YEAR|27771,<br>Lxce||