2020-08-31-accounts

					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report	to the	trustees
Statement of financial activities	(including		income and
expenditure account)
Statement offinancial position
Statement ofcash flows
Notes to the financial statements					10

					2020	2020	2019
					Unrestricted
					funds	Total funds	Total funds
				Note	6	6	6
Income and endowments
Donations and legacies				5	432,610	432,610	326,499
Charitable activities				6	167,532	167,532	179,538
Total income					600,142	600,142	506,037
Expenditure
Expenditure on raising funds:
Costs of raising donations			and legacies	7	5,250	5,250	13,165
Investment management		costs		8			1,059
Expenditure on charitable	activities			9,10	488,884	488,884	493,591
Total expenditure					494,134	494,134	507,815
Net gains on investments					(21,233)	(21,233)
Net income/(expenditure)	and		net movement	in funds	127,241	127,241	(1,778)
Reconciliation offunds
Total funds brought forward					462,441	462,441	464,219
Total funds carried forward					589,682	589,682	462,441

				2020		2019
			Note	E	6
Fixed assets
Tangible fixed assets			16		312,385	312,241
Current assets
Debtors			17	11,470		13,306
Cash at bank and in	hand			322,103		194,421
				333,573		207,727
Creditors: amounts	falling	due within one year	18	29.777		25,929
Net current assets					303,796	181,798
Total assets less current		liabilities			616,181	494,039
Creditors: amounts	falling	due after more than
one year			19		26,499	31,598
Net assets					589,682	462,441
Funds ofthe charity
Unrestricted funds					589,682	462,441
Total charity funds			21		589,882	462,441

	Year en	ded 31August 2	020
			2020	2019
			8	2
Cash flows from operating	activities
Net income/(expenditure)			127,241	(1,778)
Adjustments for:
Depreciation oftangible fixed assets			76,787	68,182
Government grant income			(23,033)
Net gains on investments			(21,233)
Interest payable and similar	charges		5,429	6,071
Accrued expenses/(income)			3,999	(2,633)
Chsngesin:
Trade and other debtors			1,836	(2,996)
Trade and other creditors			(5,250)	(3,839)
Cash generated from operations			165,776	63,007
Interest paid			(5,429)	(6,071)
Net cash from operating activities			160,347	56,936
Cash flows from investing	activities
Purchase oftangible assets			(170,698)
Proceeds from sale oftangible assets			93,767
Proceeds from sale ofother	investments		21 233
Net cash used in investing activities			(55,698)
Cash flows from financing	activities
Government grant income			23,033
Net cash from financing activities			23,033
Net increase in cash and cash equivalents			127,682	56,936
Cash snd cash equivalents	at beginning	ofyear	194,421	137,485
Cash snd cash equivalents	at end ofyear		322,103	194,421

Charitable activities
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2020	Funds	2019
		6		6
Student fees	160,768	160,768	153,618	153,618
Rent Received	6,764	6,764	25,920	25,920
	167,532	167,532	179,538	179,538

					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
					6	6	6	f
	Costs of	raising donations		and legacies
	- Donations				5,250	5,250	13,165	13,165
8.	Investment		management	costs
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020 6	Funds f	2019 6
	Property	repairs and maintenance
	charges						1,059	1,059
9.	Expenditure		on charitable	activities	by fund type
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
					6	6
	Charitable	Activities			432,902	432,902	460,005	460,005
	Support costs				55,982	55,982	33,586	33,586
					488,884	488,884	493,591	493,591

Expenditur	e on charitable ac	tivities by activity typ	e
		Activities
		undertaken		Total funds	Total fund
		directly f	Support costs	2020 f	2019
Charitable	Activities	432,902		432,902	460,005
Governance	costs		55,982	55,982	33,586
		432,902	55,982	488,884	493,591

11.	Net gains o	n	investments
							Unrestricted		Total Funds		Unrestricted	Total		Funds
								Funds		2020	Funds			2019
	Gains/(losses)		on investment		property			21,233		21,233
12.	Net income/(expenditure)
	Net income/(expenditure)			is	stated after		charging/(crediting):
											2020			2019
											f
	Depreciation	oftangible fixed assets									76,787			68,182
	Operating lease rentals										2,000			2,000
13.	Independent		examination		fees
											2020			2019 f
	Fees payable		to the independent			examiner for:
	Independent	examination		of	the financial		statements				1,200			1,200
	Other financial		services								6,059			3,930
											7,259			5,130
14.	Staff costs
	The total staff		costs and employee			benefits for		the reporting		period are	analysed as	follows:
											2020			2019
														F
											174,177		163,242
	The average		head count of		employees		during	the year	was	10(2019:11).The average			number
	of full-time equivalent employees					during	the year is analysed			as follows:
											2020			2019
											No.			No.
	Number ofemployees										10			11
	No employee		received employee			benefits ofmore than			960,000 during		the year (2019:Nil).

16.	Tangible fixe	d asset	s
						Long
				Freehold	leasehold		Fixtures and
				property f		property E	fittings f	Equipment E	Total f
	Cost
	At 1 September 2019			103,692		533,609	232,505	113,360	983,166
	Additions					170,698			170,698
	Disposals			(103,692)					(103,692)
	At 31August	2020				704,307	232,505	113,360	1,050,172
	Depreciation
	At 1 September 2019			9,925		390,129	212,912	57,959	670,925
	Charge for the year					65,538	2,939	8,310	76,787
	Disposals			(9,925)					(9,925)
	At 31August	2020			455,667		215,851	66,269	737,787
	Carrying amount
	At 31August	2020			248,640		16,654	47,091	312,385
	At 31 August 2019			93,767		143,480	19,593	55,401	312,241
17.	Debtors
								2020	2019
	Prepayments	and accrued income						697	533
	Other debtors							10,773	12,773
								11,470	13,306
18.	Creditors: amounts		falling due within one		year
								2020 f	2019 f
	Trade creditors							10,329	5,687
	Accruals and deferred			income				8,644	4,645
	Social security	and other taxes						1,205	1,498
	Other creditors							9,599	14,099
								29,'777	25,929
19.	Creditors: amounts		falling due after more than			one year
								2020 f	2019 F
	Other creditors							26,499	31,598

Government		grants	grants
The amounts		recognised		in the financial statements			for	government	grants are as follows:
										2020	2019
										f	E
Recognised	in income		from donations		and legacies:
Government	grants income									23,033
Analysis of	charitable		funds
Unrestricted		funds
					At						At
				1 September						Gains and	31August 20
				2019 E		Income E		Expenditure F		losses E	20 f
Unrestricted	Fund			462,441		600,142		(494,134)		21 233	589,682
					At						At
				1 September						Gains and	31 August 20
				2018 f		Income E		Expenditure		losses f	19 E
Unrestricted	Fund			464,219		506,037		(507,815)			462,441
Analysis of	net assets			between funds
										Unrestricted	Total Funds
										Funds	2020
										E
Tangible fixed		assets								312,385	312,385
Current assets										303,796	303,796
Creditors greater than			1	year						(26,499)	(26,499)
Net assets										589,682	589,682
										Unrestricted	Total Funds
										Funds	2019
										F
Tangible fixed		assets								312,241	312,241
Current assets										181,798	181,798
Creditors greater than			1	year						(31,598)	(31,598)
Net assets										462,441	462,441

23.	Financial instrument	Financial instrument	s	s
	The carrying amount		for each category of		financial		instrument			is as follows:
											2020	2019
											8		E
	Financial assets	measured		at fair value	through		income		and expenditure
	Financial assets measured			at fair value through		income and
	expenditure										335,573	207,727
	Financial liabilities		measured at fair value through					income		and expenditure
	Financial liabilities	measured		at fair value	through		income and
	expenditure											24,431
	Financial liabilities		measured at amortised cost
	Financial liabilities	measured		at amortised	cost							183,296
24.	Analysis ofchanges		in net debt
												At
								At 1 Sep 2019 Cash flows				31Aug	2020
										E	F		5
	Cash at bank and	in	hand						194,421 127,682			322,103
25.	Related parties