| Report ofthe trustees and directors |
|---|
| Accountant's Report tothe Trustees |
| Statement ofFinancial Cthhi5es |
| Balance Sheet |
| Notes tothe Accounts |
| AS AT31S | TAUGUST 2020 | TAUGUST 2020 | |||
|---|---|---|---|---|---|
| Notes | RestrlctedUnrestrlcted | 2020 | 2019 | ||
| Funds | Funds | Total | Total | ||
| 6 | 6 | 6 | 6 | ||
| Donagons and grants received Fundraislng actvtges |
11,486 718 |
11,488 718 |
3,143 1,072 |
||
| Interest receivable Tuition fees |
635,745 | 635,745 | 687,755 | ||
| Total incoming resources |
647,949 | 647,949 | 691,970 | ||
| Cost ofgenerating funds Direct charitable expenditure Support costs |
410 521,633 27,022 |
410 521,833 27,022 |
350 503,021 36,990 |
||
| Total resources expended | 549,065 | 549,065 | 540,361 | ||
| NET MOVEMENT IN FUNDS |
98.884 | 98,884 | 151,609 | ||
| FUND BROUGHT FORWARD | 50,000 | 270.636 | 320,636 | 169,027 | |
| FUNDS CARRIED FORWARD | E50,000 | 6369,520 | K419,520 | 6320,636 |
| The directors consider that direct charitable objects ofthe trust. |
expenditure Incl |
udes all direc |
t costs associat |
|---|---|---|---|
| 2020f | 201$f | ||
| 2OPERATING (DEFICITySURPLUS | |||
| This Is stated after charging: | |||
| Directors' remuneration | |||
| Depreciation offixed assets Accountancy |
4.264 300 |
4,264 300 |
|
| 3 FUNDRAISING ACTIVITIES | |||
| Carol concert | Income f718 |
Expenses f410 |
Surplus/(dettcit) 6308 |
| FO | R THE YEAR ENDE | D 31STAUGUST 2020 | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| 6 | 6 | |||
| 4SUPPORT COSTS | ||||
| Professional services Red Balloon Nadonal Depredation ofoffice |
Annual Levy equipment |
13,791 8,667 4,264 |
24,426 8,000 4,264 |
|
| Accountancy | ||||
| 627,022 | 636,990 | |||
| 5 FIXEDASSETS | ||||
| Equipment | ||||
| 6 | ||||
| Cost | ||||
| At 1"September, 2019 | 39,111 | |||
| Addidons | ||||
| At 31stAugust, 2020 | 39,111 | |||
| Deprecia0on | ||||
| At 1"September, 2019 Charge forthe year |
29,176 4,264 |
|||
| At 31stAugust, 2020 | 33,440 | |||
| Net book value | ||||
| At 31» August, 2020 | 69,935 | |||
| At 31"August, 2019 | 65,671 | |||
| 2020 | 2019 | |||
| 6 | ||||
| 6DEBTORS | ||||
| Fee income | F3,333 |
| F | OR THE YEAR | ENDED 31STAUG | UST 2020 | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| 8 | ||||
| 7CREDITORS: AMOUNTS | FALLING DUE | WITHIN ONE YEAR | ||
| Accruale | 13,544 | 13,061 | ||
| Other taxes and sodal security costs | 5,587 | 4,125 | ||
| 619,131 | f17,186 | |||
| 8RESTRICTED FUNDS | ||||
| Balance at | Incoming | Resources | Balance at | |
| 01/09/19 | Resources | Expended | 31/08/20 | |
| 50,000 | 50,000 | |||
| 9UNRESTRICTED FUNDS | ||||
| General purpose funds | 270,636 | 647,949 | 549,065 | 389,520 |