OpenCharities

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

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 7 to 10
Detailed Statement ofFinancial Activities 11 to 12

REPORT OFTHE TRUSTEES
FOR THE PERIOD 1 JANUARY 2020 TO 31AUGUST 2020
In June 2020 we launched
our Lecture Series. The first 30minute
Zoom talk was given by one ofour esteemed
teachers,
on the subject of Ovid in renaissance
painting.
The sedies takes		 place every quarter
and will
continue
into 2021.
Due to ongoing
restrictions,
our second Summer School also took place online.
This meant that we were
able
to offer sessions
to children
nationwide.
200 pupils across key stage two and three signed
up for a two-week
course, comprising
of10live Youtube sessions led by specialist facilitators as well as 40 smaller Zoom
classes,
covering
10 different
topics.
Subjects
included
puppet
making,
poetry,
storyte6ing,
opera,
dance
and
film-making
as well as Latin language,
ag based on the theme
of Greek and Roman
Gods and
Goddesses.
Thanks,
once again, to a generous
grant from the Classical Association,
students
were able to attend free
of
charge.
Sadly, due to restrictions
we were not able to facilitate
our usual
in person trips to the University
of Cambridge
this year.
However we were delighted
to begin a partnership
with UCL, who organised
a wonderful
inscription
workshop
as part of our online Summer School.
In the Summer
of 2020 we launched
our first adult
poetry
competition,
Deanna
Rodger and Ella Hickson.
The competition
called on entrants to		 judged
by writers
Black
Morrison,
use the phrase 'de rerum
natura'
(the
nature ofthings) as a starting
point.
As part ofa renewed
focus on fundraising,
we handmade
and sold bespoke face masks, embroidered
with
Latin
verbs.
Zippy Woolfson became treasurer.
Future plans
Now in its eleventh
year, The Latin Programme
is committed
to:
continuing
to deliver high-quality,
engaging
Latin lessons that measurably
improve literacy.
finding
innovative
ways
to embed
the arts
into our programme,
providing
our pupils
with the opportunity
to
develop their soft skills such as creativity,
confidence and resilience.
developing
free and subsidised
extra-cunicular
sessions for existing and		 prospective
schools such as cookery
lessons, art classes and music making.
Following the success of both the 2019 and 2020 Scriptores
Competition,
we will		 once again be encouraging
pupils
from
current and prospective
schools across London to build their confidence
in creative		 writing
by inviting
them to take part in		 a
2021 writing
competition.
As part ofour fundraising
drive, we will continue
our hugely successful
lecture series in 2021, with notable guest speakers		 to
include Prof. Simon Goldhig,

Period
1.1.20
to Year Ended
31.8.20 31.12.19
Unrestricted Restricted Total Total
Notes fund
f		 fund
6		 funds
6		 funds
5
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 35,922 5,000 40,922 28,961
Charitable
activities
Education and training 14,667 14,667 135,784
Other income 1,596 1,596 49
Total 52,185 5,000 57,185 164,794
EXPENDITURE ON
Charitable
activities
Education and training 107,606 107,606 165,851
Summer School 4,218 4,218 4,078
Total 107,606 4,218 111,824 169,929
NET INCOME/(EXPENDITURE) (55,421) 782 (54,639) (5,135)
RECONCILIATION
OF FUNDS
Total funds brought forward 119,367 119,367 124,502
TOTAL FUNDS CARRIED FORWARD 63,946 782 64,728 119,367

2020 2019
Unrestricted Restricted Total Total
Notes fund
6		 fund
F		 funds
f		 funds
6
CURRENT ASSETS
Debtors 7 225
Cash at bank 68,713 782 69,495 124,431
68,713 782 69,495 124,656
CREDITORS
Amounts
falling due within one year		 8 (4,767) (4,767) (5,289)
NET CURRENT ASSETS 63,946 782 64,728 119,367
TOTAL ASSETSLESSCURRENT LIABILITIES 63,946 782 64,728 119,367
NET ASSETS 63,946 782 64,728 119,367
FUNDS
Unrestricted
funds		 63,946 119,367
Restricted
funds		 782
TOTAL FUNDS 64,728 119,367

The average
monthly
number
of		 emp loyees during
the perio		 d was as follows:
Period
1.1.20
to Year Ended
31.8.20 31.12.19
Charitable
and support activities		 8 8
No employees
received emoluments		 in excess of560,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
5 5 f.
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 25,211 3,750 28,961
Charitable
activities
Education
and training		 135,784 135,784
Other income 49 49
Total 161,044 3,750 164,794
EXPENDITURE ON
Charitable
activities
Education
and training		 161,773 4,078 165,851
Summer School 4,078 4,078
Total 165,851 4,078 169,929
NET INCOME/(EXPENDITURE) (4,807) (328) (5,135)
Transfers
between funds		 (328) 328
Net movement
in funds		 (5,135) (5,135)
RECONCILIATION
OF FUNDS
Totalfunds
broughtforward		 124,502 124,502
TOTAL FUNDS CARRIED FORWARD 119,367 119,367
Page 8 continued. ..

TANGIBLE FIXEDASS ETS
Computer
equipment
6
COST
At 1 January 2020 and 31August 2020 1,258
DEPRECIATION
At 1 January 2020 and 31August 2020 1,258
NET BOOK VALUE
At 31August 2020
At 31 December 2019
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
8 6
Other debtors 225
CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2020 2019
f
Social security and other taxes 2,691 3,087
Other creditors 126
Accrued expenses 2,076 2,076
4,767 5,289
MOVEMENT
IN FUNDS
Net
movement At
At 1.1.20 in funds 31.8.20
6 6 6
Unrestricted
funds
General fund 119,367 (55,421) 63,946
Restricted funds
Summer school 782 782
TOTAL FUNDS 119,367 (54,639) 64,728
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources expended in funds
F
Unrestricted
funds
General
fund		 52,185 (107,606) (55,421)
Restricted funds
Summer school 5,000 (4,218) 782
TOTAL FUNDS 57,185 (111,824) (54,639)
Page 9 continued. ..

Compara tives for moveme nt
in funds
Net Transfers
movement between At
At 1.1.19
2		 in funds funds
f		 31.12.19
Unrestricted funds
General fund 124,502 (4,807) (328) 119,367
Restricted funds
Summer school (328) 328
TOTAL FUNDS 124,502 (5,135) 119,367
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
2 F 2
Unrestricted funds
General fund 161,044 (165,851) (4,807)
Restricted funds
Summer school 3,750 (4,078) (328)
TOTAL FUNDS 164,794 (169,929) (5,135)

FOR THE PERIOD 1 JANUARY 20 20 TO 31AUGUST 2020
Period
1.1.20
to Year En dsd
31.8.20 31.12.19
5
INCOME AND ENDOWIIIIENTS
Donations
and legacies
Donations 31,490 23,000
Grants 5,000 3,755
Online donations 2,421 442
Roman walks 393 450
Sales 1,618 1,314
40,922 28,961
Charitable
acgvities
School fees 14,667 135,784
Other income
Other income 49
COVID-19 grants, etc 1,596
1,596 49
Total incoming resources 57,185 164,794
EXPENDITURE
Charitable
activities
Salaries 96,349 132,806
Employer
Nl		 3,068 7,062
Employer pension 2,232 3,295
Contract storytellers 640 5,400
Special projects 4,163
Summer school 4,218 4,078
106,507 156,804
Supportcosts
Management
Postage and carriage 7 34
Telephone 937 1,459
Stationery 45 562
Printer cartridges 47 43
Insurance 479
Sundries
and bank		 charges 698 1,120
Payroll processing charges 230 555
Website 216 2,855
Online services 331 341
Publicity,
brochures		 and conferences 271 1,816
Staff DBScheck 50 105
Volunteer
refreshment		 48 246
Teacher training and resources 25
Gamed forward 2,880 9,640

Period
1.1.20
to Year En dsd
31.8.20f 31.12.19
6
Management
Brought forward
Staff travel		 2,880
44		 9,640
536
PO box rental 111
Volunteer DBS 37
Computer
equipment		 245
2,924 10,569
Governance costs
Accountancy
Bookkeeping		 fees
and secretariat		 2,076
317		 2,172
384
2,393 2,556
Total resources expended 111,824 169,929
Net expenditur e (54,639) (5,135)