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|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|
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|||||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|||||||
|||Page 22|||||||
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|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||
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