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|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|
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||||||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|
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|||||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|
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||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|
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|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|
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||||||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|
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|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|
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|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).||||
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|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|
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|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|
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|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|||||||||||||