| AS AT | 31.03.2 | 02 | 3 | |||||
|---|---|---|---|---|---|---|---|---|
| Notes | 2023 | 2022 | ||||||
| Fixed Assets | f | f | f' | f | ||||
| 1angible | assets | 96,686 | 99,311 | |||||
| Current | Assets | |||||||
| Debtors | 11,024 | |||||||
| Cash at bank | 66,514 | 51,246 | ||||||
| Cash in hand | 2,770 | 12,486 | ||||||
| 69,284 | 74,756 | |||||||
| Current | Assets | |||||||
| Creditors | 71,693 | 53,500 | ||||||
| Loans | (3) | 77,800 | 117,300 | |||||
| 149,493 | 170,800 | |||||||
| NET CURREN1 | LIASILI1IES | (80,209) | (96,044) | |||||
| 16,477 | f3,267 | |||||||
| Financed | by: | |||||||
| ACCUMULATED | FUND | (2) | 16,477 | f3,267 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Nates | |||||
| Incoming resources | |||||
| Unrestricted Funds: |
|||||
| Local authority grants |
|||||
| Jab Retention Scheme |
19,698 | ||||
| Donations received |
61640 | 29,786 | |||
| Tuition fees received | 307585 | 291,561 | |||
| Rent received | 3290 | 5,440 | |||
| Other Income | 91 | ||||
| 372,606 | 346,485 | ||||
| Resources Expended | |||||
| Rent | 31000 | 31000 | |||
| Rates and water | 7546 | 11085 | |||
| Insurance | 2825 | 2532 | |||
| Light and heat | 5274 | 8411 | |||
| Wages and staff training | 274969 | 272407 | |||
| Staff pension | 2415 | 2030 | |||
| Travelling expenses |
1440 | 568 | |||
| Repairs and maintenance | 720 | 737 | |||
| Telephone | 1946 | 2110 | |||
| Stationery and advertising |
3995 | 1392 | |||
| Computer software and updates |
2823 | 2950 | |||
| Cleaning expenses |
1405 | 1299 | |||
| Educational expenses |
16650 | 24714 | |||
| Legal and professional | charges | 2,579 | 1,929 | ||
| Sundry expenses | 1,001 | ||||
| Bank charges | 183 | 131 | |||
| Depreciation | 2,625 | 3,281 | |||
| 359,396 | 366,576 | ||||
| Excess of income over | Expenditure | 13,210 | E(20,091) |
| Total | improvement | Fixtures | & | ||||
|---|---|---|---|---|---|---|---|
| equipment | |||||||
| f | f | f | |||||
| Balance brought forward |
99,311 | 86,18S | 13,123 | ||||
| Additions | |||||||
| 99,311 | 86,188 | 13,123 | |||||
| Depreciation | for the year | 2,625 | 0 | 2,625 | |||
| Net book value | at 31.03.2022 | 96,686 | 86,188 | 10,498 | |||
| 2.Accumulated | Fund | 31.03.2023 | 31.03.2022 | ||||
| F. | f | ||||||
| Balance brought | forward | 3,267 | 23,358 | ||||
| Excess of Income over Expenditure | 13,210 | I20,091) | |||||
| 16,477 | 3,267 | ||||||
| 3.Loan payable | 31.03.2023 | 31.03.2022 | |||||
| f | f. | ||||||
| Balance brought | forward | 117,300 | 117,900 | ||||
| Loan received | dudng the year |
20,000 | 24,000 | ||||
| 137,300 | 141,900 | ||||||
| Loan repaid during the year |
59,500 | 24,600 | |||||
| Balance at31.03.2022 | 77,800 | 117,300 |