| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| F | F | |||||
| Incoming resources | ||||||
| Unrestricted Funds: |
||||||
| Localauthority grants |
10,000 | |||||
| Job Retention Scheme |
88,145 | |||||
| Donations received |
24,614 | 71,895 | ||||
| Tuition fees received | 232,786 | 236,511 | ||||
| Rent received | 1,096 | 6,595 | ||||
| 356,641 | 315,001 | |||||
| Resources Expended |
||||||
| Rent | 31000 | 31000 | ||||
| Rates and water | 3919 | 6066 | ||||
| Insurance | 2450 | 1263 | ||||
| Light and heat Wages and staff training Staff pension Travelling expenses Repairs and maintenance Telephone Stationery and advertising Computer software and updates Advertising Cleaning expenses Educational expenses |
4665 227829 1466 30 1573 2638 1001 0 1083 3131 18266 |
5961 212461 1428 505 1343 2948 1833 0 600 1271 18215 |
||||
| Legal and professional Sundry expenses Bank charges Depreciation |
charges | 8,061 40 257 4,101 |
311,510 | 3,046 447 1,173 4,301 |
293,861 | |
| Excess of Expenditure | over income | 45,131 | 21,140 |
| Tangible Fi |
xed | Assets | |||
|---|---|---|---|---|---|
| Total | Improvement: | Fixtures & |
|||
| equipment | |||||
| f | f | f | |||
| Balance brought | forward | 103,393 | 86,188 | 17,205 | |
| Additions | 3,300 | 3,300 | |||
| 106,693 | 86,188 | 20,505 | |||
| Depreciation | for the year | 4,101 | 0 | 4,101 | |
| Net book value at 31.03.2021 | 102,592 | 86,188 | 16,404 |
| 2.Accumulated Fund |
31.03.2021 f. |
31.03.2020 f |
|---|---|---|
| Balance brought forward |
(21,773) | (42,913) |
| Excess of Expenditure over Income |
45,131 | 21,140 |
| 23,358 | (21,773) | |
| 3.Loan payable | 31.03.2021 f |
31.03.2020 f. |
| Balance brought forward |
134,650 | 135,850 |
| Loan received during the year |
20,500 | 40,050 |
| 155,150 | 175,900 | |
| Loan repaid during the year |
37,250 | 41,250 |
| Balance at 31.03.2021 | 117,900 | 134,650 |