This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2020-08-31-accounts
| Contents |
Page |
| Reference and administration information |
2 |
| Trustees' report |
3-5 |
| Independent Examiner's report |
6 |
| Statementoffinancial activities |
7 |
| Balance sheet |
8 |
| Notestothe financial statements |
9 - 12 |
|
|
|
|
2020 |
2019 |
|
|
Unrestricted |
Restricted |
Total Funds |
Total |
|
|
Funds |
Funds |
|
Funds |
|
Note |
£ |
£ |
£ |
£ |
| Incoming Resources |
|
|
|
|
|
| Fundraising |
|
|
485 |
485 |
5,415 |
| Voluntary income- donations |
|
76,559 |
126,350 |
202,909 |
80,542 |
| Giftaid received |
|
23,896 |
37 |
23,933 |
|
| Total incoming resources |
|
100,455 |
126,872 |
227,327 |
85,957 |
| Resources Expended |
|
|
|
|
|
| Cost ofgeneratingfunds |
2 |
3,803 |
2 |
3,805 |
2,242 |
| Governance costs |
4 |
1,740 |
|
1,740 |
1,740 |
| Grants |
9 |
|
69,455 |
69,455 |
77,503 |
| Total resources expended |
|
5,543 |
69,457 |
75,000 |
81,485 |
| Netgain/ (losses) on investment |
5 |
|
(35,000) |
(35,000) |
|
| Net (outgoing) incoming |
|
94,912 |
22,415 |
117,327 |
4,472 |
| resources fortheperiod |
|
|
|
|
|
| Funds balances broughtforward |
|
|
|
|
|
| at 1 September 2019 |
8 |
13,161 |
117,608 |
130,769 |
126,297 |
| Funds balances carried forward |
|
108,073 |
140,023 |
248,096 |
130,769 |
| at 31 August 2020 |
|
|
|
|
|
| HELSEA ACADEMY FOUNDATION |
|
|
|
|
|
2020 |
2019 |
| Balance sheet at 31 August 2020 |
Note |
£ |
£ |
| Investments |
5 |
|
35,000 |
| Cash at bank and on deposit |
|
320,269 |
176,938 |
| Debtors |
|
|
72 |
| Creditors: amounts falling due within one year |
6 |
(72,173) |
(81,241) |
| Net current assets |
|
248,096 |
130,769 |
| Creditors: amounts falling due after one year |
|
|
|
| Total net assets |
|
248,096 |
130,769 |
| Represented by: |
|
|
|
| Funds and reserves |
|
|
|
| - restricted funds |
7 |
140,023 |
117,608 |
| - unrestricted funds |
8 |
108,073 |
13,161 |
| Total funds |
|
248,096 |
130,769 |
2
Cost of generating funds |
2020 |
2019 |
|
£ |
£ |
| Professionalfees |
740 |
420 |
| ICT |
1,069 |
964 |
| Othercosts |
1,996 |
858 |
| Total costofgeneratingfunds |
3,805 |
2,242 |
| 4 |
Governance costs |
2020 |
2019 |
|
|
£ |
£ |
| Independent examination |
|
1,740 |
1,740 |
|
|
1,740 |
1,740 |
6
Creditors: amounts falling due within one year |
2020 |
2019 |
|
£ |
£ |
| Expense creditors and accruals |
1,740 |
1,740 |
| Grants owing to Chelsea Academy |
70,433 |
79,501 |
|
72,173 |
81,241 |
|
At 1 |
Incoming |
Resources |
At31 August |
|
September |
resources |
expended |
2020 |
|
2019 |
|
|
|
|
£ |
£ |
£ |
£ |
| Garfield Weston |
31,855 |
|
(22,059) |
9,796 |
| John Armitage Charitable Trust |
15,118 |
35,000 |
(21,243) |
28,875 |
| John Lyon's Charity |
12,184 |
14,000 |
(8,803) |
17,381 |
| ArtAuction Fund |
4,312 |
|
|
4,312 |
| ArtAuction Fund 2019 |
2,139 |
485 |
|
2,624 |
| Anonymous |
35,000 |
|
(35,000) |
Nil |
| The Hedley Foundation |
2,000 |
|
(2,000) |
Nil |
| Sir John Cass's Foundation |
15,000 |
15,000 |
(15,000) |
15,000 |
| South Kensington Estates |
Nil |
10,000 |
|
10,000 |
| Sir Simon Robertson |
Nil |
50,000 |
|
50,000 |
|
At 1 |
Incoming |
Resources |
At31 August |
|
September |
resources |
expended |
2020 |
|
2019 |
|
|
|
|
£ |
£ |
£ |
£ |
| VarietyCapital |
Nil |
1,000 |
|
1,000 |
| Russell Reynolds |
Nil |
1,000 |
|
1,000 |
| Anonymous |
Nil |
187 |
(152) |
35 |
| St Luke's & ChristChurch |
Nil |
200 |
(200) |
Nil |
|
117,608 |
126,872 |
(104,457) |
140,023 |
|
|
At 1 |
Incoming |
Resources |
At31 August |
|
|
September |
resources |
expended |
2020 |
|
|
2019 |
|
|
|
|
|
£ |
£ |
£ |
£ |
| Unrestricted |
funds |
13,161 |
100,455 |
(5,543) |
108,073 |
|
|
13,161 |
100,455 |
(5,543) |
108,073 |