| Chair's Report | |
|---|---|
| Director's report | |
| ALLFIE'S WORK IN 2020/21: Impact Report | |
| ANNEX 1:REPORT OF THE COUNCIL | 13 |
| ANNEX 2: FINANCIAL STATEMENTS 2020/21 | 19 |
| Independent Examiner's Report |
27 |
| 2021 | 2021 | 2021 | 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Note | E | E | E | 8 | ||||||
| Unrestricted | Restricted | Total | ||||||||
| INCOME AND EXPENDITURE | ||||||||||
| INCOME: | ||||||||||
| Donations, grants |
||||||||||
| and legacies | 2,311 | 210,042 | 212,353 | 247,905 | ||||||
| Income from charitable | activities: | |||||||||
| Membership fees Training 8consultancy |
fees | 4,299 7,485 |
4,299 7,485 |
5,686 2,092 |
||||||
| Sales | 72 | |||||||||
| Access to work | 1,844 | 1,844 | 3,412 | |||||||
| Production of'Inclusion |
Now' | 326 | ||||||||
| 13,628 | 13,628 | 11,588 | ||||||||
| lnvestmentincome (bankinterest) |
56 | 56 | 149 | |||||||
| Otherincome | 461 | |||||||||
| Total Income | 15995 | 210042 | 226 037 | 260 103 | ||||||
| EXPENDITURE: | ||||||||||
| Expenditure on charitable |
activities | |||||||||
| Capacity building and campaigning |
6,267 | 201,651 | 207,918 | 155,394 | ||||||
| Total expenditure | 6,267 | 201,651 | 207,918 | 155,394 | ||||||
| Net income/(expenditure) | 9,728 | 8,391 | 18,119 | 104,709 | ||||||
| Transfers between funds |
||||||||||
| Net movement in funds |
9,728 | 8,391 | 18,119 | 104,709 | ||||||
| Reconciliation offunds: |
||||||||||
| Total funds brought forward |
83,405 | 107,457 | 190,862 | 86,153 | ||||||
| Total funds carried forward | 93133 | 115848 | 208981 | 160662 | ||||||
| The statement offinancial | activities | includes | all gains and losses | recognised | in the | year. | All income and expenditure | derive | ||
| from continuing activities. |
| Total funds | Total funds | |||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| 6 | ||||||||
| Cash used in operating | activities | 381 | 114,458 | |||||
| Cash flows from investing activities: |
||||||||
| Purchase ofintangible | fixed assets | |||||||
| Purchase oftangible fixed assets | ||||||||
| Increase/(decrease) in cash 8 cash equivalents |
381 | 114,458 | ||||||
| Cash &cash equivalents | at beginning | ofyear | 207,863 | 93,405 | ||||
| Cash 8cash equivalents | at end | ofyear | 208,244 | 207,863 | ||||
| Reconciliation ofnet income/ex | enditure | tonetcashflowfromo | eratin | activities | ||||
| Net income/(expenditure) | for the | reporting | period | |||||
| (as per the statement of |
financial | activities) | 18,120 | 104,709 | ||||
| Adjustments for. |
||||||||
| Depreciation charges |
718 | 1,038 | ||||||
| (increase)/decrease in debtors |
(7,068) | 9,612 | ||||||
| Increase/(decrease) in creditors |
(11,388) | (901) | ||||||
| 381 | 114,458 |
| FO | R | THE YEAR ENDED 31STMARCH 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| 1 | ACCOUNTING POLICIES |
|||||||
| a) | Basis ofPreparation ofFinancial Statements |
|||||||
| The financial statements have been prepared in accordance with Accounting and Reporting by Charities: |
Statement of | |||||||
| Recommended Practice applicable to charities preparing their accounts in accordance with the Financial |
Reporting | |||||||
| Standard applicable in the UK and Republic of Ireland (FRS102)(effective 1 January 2019)— |
||||||||
| (Charities SORP (FRS102)),the Financial Reporting Standard applicable in the UK and Republic of Ireland |
(FRS102) | |||||||
| and the Companies Act 2006. |
||||||||
| The Alliance for Inclusive Education meets the definition ofa public benefit entity under FRS 102.Assets |
and | liabilities | ||||||
| are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting |
policy, | |||||||
| b) | Preparation ofthe Accounts on a Going Concern Basis At 31 March 2021, the charity had total funds off208,981 (2020 - f190,862). Restricted funds amounted |
to | 6115,848 | |||||
| (2020-2107,457). The free reserves ofthe charity totalled f91,416.The target for free reserves is to hold |
between | |||||||
| 4 to 6 months ofunrestricted expenditure, which currently equates to around 669,000tof104,000). |
||||||||
| The charity has prepared a budget for the year ended 31 March 2022 which shows a surplus off35,000. |
||||||||
| The trustees therefore have a reasonable expectation that the charity will be in operation 12months from |
the | date of | ||||||
| approval ofthese accounts and that the charity remains a going concern. | ||||||||
| c) | Income | |||||||
| Income is recognised when the charity has entitlement to the funds, any performance conditions attached |
to | the | items | |||||
| ofincome have been met, it is probable that the income will be received and the amount can be measured | reliably. | |||||||
| Grants and donations | ||||||||
| Income from donations and grants, including capital grants, is included in incoming resources when these |
are | |||||||
| receivable, except as follows: | ||||||||
| i) when donors specify that the grants and donations given to the company must be used in future accounting |
periods, | |||||||
| the income is deferred to those periods; and | ||||||||
| ii) when donors impose conditions which have to be fulfilled before the company becomes entitled to use |
such | income, | ||||||
| the income is deferred and not included in incoming resources until the pre-conditions have been met. |
||||||||
| When donors specify that grants and donations, including capital grants, are for particular restricted purposes, |
which | |||||||
| do not amount to pre-conditions regarding entitlement, this income is included in incoming resources ofrestricted |
||||||||
| funds when receivable. | ||||||||
| Charitable tradin activities |
||||||||
| Income from charitable trading activities is included in the period in which the company is entitled to receipt. |
||||||||
| Interest receivable | ||||||||
| Interest is included in incoming resources when receivable by the company. |
||||||||
| d) | Expenditure and Irrecoverable VAT |
|||||||
| Expenditure is recognised once there is a legal or constructive obligation to make a payment toa third party, |
it | is | ||||||
| probable that settlement will be required and the amount ofthe obligation can be measured reliably. |
||||||||
| Expenditure on activities in furtherance ofthe charity's activities represent the costs ofcanpaigning and capacity |
||||||||
| building in all matters concerning the inclusion ofspecial needs children into schools and colleges. |
||||||||
| Costs ofgenerating funds comprise the staff time in inducing trusts, foundations, local education authorities |
and | |||||||
| government departments to contribute financially to the charity's work. |
||||||||
| Resources expended are allocated to the particular activity where the cost relates directly to that activity. |
||||||||
| Support costs are those functions that assist the work ofthe charity but do not directly undertake charitable |
activities. | |||||||
| Support costs include the office costs ofthe charity which support the charity's activities. Support costs have |
been | |||||||
| allocated on the basis set out in note 7. | ||||||||
| Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. |
||||||||
| e) | Intangible Fixed Assets and Depreciation |
|||||||
| Amortisation is calculated to write offthe cost ofintangible fixed assets over their estimated useful lives |
||||||||
| using the following rates: | ||||||||
| Website -33.33%reducing balance |
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| Page 22 |
| 10 | INTANGIBLE | FIXEDAS | SETS | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Website | ||||||||||
| Cost | ||||||||||
| 01-Apr-20 and at 31-Mar-21 | 4 | 578 | ||||||||
| Amortisation | ||||||||||
| 01-Apr-20 | 3,221 | |||||||||
| Charge for the | year | 448 | ||||||||
| 31-Mar-21 | 3 | 669 | ||||||||
| Net BookValue | ||||||||||
| 31-Mar-21 | 909 | |||||||||
| 31-Mar-20 | 1 | 357 | ||||||||
| 11 | TANGIBLE FIXEDASSETS | Office | ||||||||
| Equipment | ||||||||||
| Cost | F | |||||||||
| 01-Apr-20 | 9,083 | |||||||||
| Additions | ||||||||||
| 31-Mar-21 | 9 | 083 | ||||||||
| Depreciation | ||||||||||
| 01-Apr-20 | 8,005 | |||||||||
| Charge for the | year | 270 | ||||||||
| 31-Mar-21 | 8 | 275 | ||||||||
| Net BookValue | ||||||||||
| 31-Mar-21 | 808 | |||||||||
| 31-Mar-20 | 1 | 078 | ||||||||
| 2021 | 2020 | |||||||||
| 12 | DEBTORS | 6 | ||||||||
| Prepayments | &accrued income | 7 | 818 | 750 | ||||||
| 7 | 818 | 750 | ||||||||
| 2021 | 2020 | |||||||||
| 13 | CREDITORS | K | ||||||||
| Other creditors | &accruals | 6,540 | 2, | 100 | ||||||
| Deferred grants | 18,086 | |||||||||
| Other taxation | and socia! | security | 2 | 258 | ||||||
| 8 | 798 | 20 | 186 | |||||||
| 14 | OPERATING | LEASES | ||||||||
| The total future | minimum | lease payments | under non-cancellable | operating leases are as follows: | ||||||
| 2021 | 2020 | |||||||||
| 6 | 6 | |||||||||
| Less than one | year | 9 | 338 | 8422 |