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2021-08-31-accounts

REGISTERED COMPANY NUMBER: 06655988 (England and Wales) REGISTERED CHARITY NUMBER: 1126564

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

FOR

THE LATIN PROGRAMME-VIA FACILIS

LEES Chartered Certified Accountants Hogarth House 136 High Holborn London WC1V 6PX

THE LATIN PROGRAMME-VIA FACILIS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 10
Detailed Statement of Financial Activities 11 to 12

THE LATIN PROGRAMME-VIA FACILIS (REGISTERED NUMBER: 06655988)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Aims and Objectives

The Latin Programme's mission is to teach an innovative programme of literacy through Latin in state primary schools. We strive for Latin to be embedded in both the curriculum and culture of the schools we work in. We teach Latin because we consider it to be the most orderly, logical, disciplined, structured, systematic, and consistent grammar in existence. 60% of the English language is derived from Latin. Thus learning Latin dramatically broadens pupils' vocabulary while deepening their understanding of language and thus their ability to communicate. We work constantly to challenge preconceptions that Latin is an "elitist" subject and strive to make it as relevant as possible to the communities and children we serve. We actively work to increase young people's opportunities and enhance their social mobility.

The trustees have referred to the public benefit guidance published by the Charity Commission and to the obligation in Section 17, Charities Act 2011, when reviewing the charity's aims and objectives and in planning future activities.

Significant activities

Despite 2020-21 continuing to present challenges with the continuation of the pandemic, The Latin Programme-Via Facilis taught 39 classes across eight inner-city London state primary schools: Argyle Primary School; St Barnabas Primary School; St Mary's Primary School; St Monica's Primary School; St Peter's Walworth Primary School; St Joseph's Primary School; St Peter's Eaton Square Primary School; and Holy Trinity NW3 Primary School. Of these schools, five designated Latin as their Foreign Language for Key Stage 2 (St Peter's Eaton Square, St Barnabas, Argyle, St Mary's and Holy Trinity NW3). The eight schools are located across six London boroughs. This was the first year in which The Latin Programme extended its curriculum to include two GCSE Latin classes at Harris Academy in South Norwood.

Other significant activities and developments during the year included the following:

Page 1

THE LATIN PROGRAMME-VIA FACILIS (REGISTERED NUMBER: 06655988)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021

Four new trustee appointments were made in December 2020 - we are delighted to welcome Miles Ridley, Katharine

Future plans

Now in its twelfth year, The Latin Programme is committed to:

As part of our fundraising drive, we will continue our hugely successful lecture series in 2021-22, with notable guest speakers to include Maria Wyke, Caroline Lawrence and Robert Gildon.

Planning is well underway for the 2022 Summer School. Once again, which will explore the links between the ancient world and our own through Latin language lessons, music, dance, drama, animation and theatre.

FINANCIAL REVIEW

Reserves policy

Despite a gruelling 18 months, the Charity ended the year with reserves in excess of three months of the Charity's yearly running costs. The Charity continues to aim to maintain the reserves at a level equivalent to six months of the Charity's yearly running costs from 2021 onwards. We consider maintaining our reserves at this level to be prudent given the financial challenges charities continually face and in case funds from any current sources should ever diminish significantly.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Latin Programme - Via Facilis is a charitable company limited by guarantee, incorporated on 24 July 2008 and registered as a charity on the 4 November 2008. The charity is controlled by its Memorandum and Article of Association dated 24 July 2008.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

06655988 (England and Wales)

Registered Charity number

1126564

Registered office

Suite 285 Kemp House 152-160 City Road London EC1V 2NX

Trustees

Trustees
Dr R Gilder III Chair
Ms Z Woolfson Treasurer
Ms R Lawes
Mr S Carr Resigned 31.12.2020
Mr P R Moore Resigned 31.12.2020
Ms S L Canullo Appointed 04.12.2020
Ms F M Illingworth Appointed 04.12.2020
Ms K A Swire Appointed 08.12.2020
Mr M Ridley Appointed 16.12.2020

Page 2

THE LATIN PROGRAMME-VIA FACILIS (REGISTERED NUMBER: 06655988)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

LEES Chartered Certified Accountants Hogarth House 136 High Holborn London WC1V 6PX

Bankers

HSBC 465 Bethnal Green Road Bethnal Green London E2 9QW

Principal staff

Zanna Wing-Davey Charmian Bedford Jonathan Goddard

Approved by order of the board of trustees on 30 March 2022 and signed on its behalf by:

Ms Z A Woolfson - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LATIN PROGRAMME-VIA FACILIS (REGISTERED NUMBER: 06655988)

Independent examiner's report to the trustees of The Latin Programme-Via Facilis ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Jeremy Hyde FCCA FCA LEES Chartered Certified Accountants Hogarth House 136 High Holborn London WC1V 6PX

8 April 2022

Page 4

THE LATIN PROGRAMME-VIA FACILIS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
22,393
Charitable activities
Education and training
119,184
Other income
9,204
Total
150,781
EXPENDITURE ON
Charitable activities
Education and training
177,374
Summer School
-
Total
177,374
NET INCOME/(EXPENDITURE)
(26,593)
RECONCILIATION OF FUNDS
Total funds brought forward
63,946
TOTAL FUNDS CARRIED FORWARD
37,353
Year Ended
31.8.21
Restricted
Total
fund
funds
£
£
5,500
27,893
-
119,184
-
9,204
5,500
156,281
-
177,374
4,237
4,237
4,237
181,611
1,263
(25,330)
782
64,728
2,045
39,398
Period
1.1.20
to
31.8.20
Total
funds
£
40,922
14,667
1,596
57,185
107,606
4,218
111,824
(54,639)
119,367
64,728

The notes form part of these financial statements

Page 5

THE LATIN PROGRAMME-VIA FACILIS (REGISTERED NUMBER: 06655988)

BALANCE SHEET 31 AUGUST 2021

Unrestricted
Restricted
fund
fund
Notes
£
£
CURRENT ASSETS
Cash at bank
43,490
2,045
CREDITORS
Amounts falling due within one year
6
(6,137)
-
NET CURRENT ASSETS
37,353
2,045
TOTAL ASSETS LESS CURRENT LIABILITIES
37,353
2,045
NET ASSETS
37,353
2,045
FUNDS
7
Unrestricted funds
Restricted funds
TOTAL FUNDS
2021
Total
funds
£
45,535
(6,137)
39,398
39,398
39,398
37,353
2,045
39,398
2020
Total
funds
£
69,495
(4,767)
64,728
64,728
64,728
63,946
782
64,728

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 30 March 2022 and were signed on its behalf by:

Ms Z A Woolfson - Trustee

The notes form part of these financial statements

Page 6

THE LATIN PROGRAMME-VIA FACILIS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Government grants

Government grants are recognised when there is reasonable assurance that the grant conditions will be met and the grant will be received. These grants are recognised within other operating income on a systematic basis over the periods in which the related costs towards which they are intended to compensate are recognised as expenses.

Coronavirus Job Retention Scheme (CJRS)

Grants received in relation to the Coronavirus Job Retention Scheme are accounted for on the accruals basis once the related payroll return has been submitted.

Page 7

continued...

THE LATIN PROGRAMME-VIA FACILIS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the period ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the period ended 31 August 2020.

3. STAFF COSTS

The average monthly number of employees during the year was as follows:

4.

Period
1.1.20
Year Ended to
31.8.21 31.8.20
Charitable and support activities 8 8
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 35,922 5,000 40,922
Charitable activities
Education and training 14,667 - 14,667
Other income 1,596 - 1,596
Total 52,185 5,000 57,185
EXPENDITURE ON
Charitable activities
Education and training 107,606 - 107,606
Summer School - 4,218 4,218
Total 107,606 4,218 111,824
NET INCOME/(EXPENDITURE) (55,421) 782 (54,639)
RECONCILIATION OF FUNDS
Total funds brought forward 119,367 - 119,367
TOTAL FUNDS CARRIED FORWARD 63,946 782 64,728

Page 8

continued...

THE LATIN PROGRAMME-VIA FACILIS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

5. TANGIBLE FIXED ASSETS

COST
At 1 September 2020 and 31 August 2021
DEPRECIATION
At 1 September 2020 and 31 August 2021
NET BOOK VALUE
At 31 August 2021
At 31 August 2020
6.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Other creditors
Accrued expenses
7.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Summer school
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Summer school
TOTAL FUNDS
At 1.9.20
£
63,946
782
64,728
Incoming
resources
£
150,781
5,500
156,281
Computer
equipment
£
1,258
1,258
-
-
2021
2020
£
£
3,663
2,691
398
-
2,076
2,076
6,137
4,767
Net
movement
At
in funds
31.8.21
£
£
(26,593)
37,353
1,263
2,045
(25,330)
39,398
Resources
Movement
expended
in funds
£
£
(177,374)
(26,593)
(4,237)
1,263
(181,611)
(25,330)

Page 9

continued...

THE LATIN PROGRAMME-VIA FACILIS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021

7. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1.1.20
£
Unrestricted funds
General fund
119,367
Restricted funds
Summer school
-
TOTAL FUNDS
119,367
Comparative net movement in funds, included in the above are as follows:
Incoming

resources
£
Unrestricted funds
General fund
52,185
Restricted funds
Summer school
5,000
TOTAL FUNDS
57,185
Net
movement
At
in funds
31.8.20
£
£
(55,421)
63,946
782
782
(54,639)
64,728
Resources
Movement
expended
in funds
£
£
(107,606)
(55,421)
(4,218)
782
(111,824)
(54,639)

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2021.

Page 10

THE LATIN PROGRAMME-VIA FACILIS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021

Period
1.1.20
Year Ended to
31.8.21 31.8.20
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 19,226 31,490
Grants 5,500 5,000
Online donations 3,044 2,421
Roman walks - 393
Sales 123 1,618
27,893 40,922
Charitable activities
School fees 119,184 14,667
Other income
Other income 10 -
COVID-19 grants, etc 9,194 1,596
9,204 1,596
Total incoming resources 156,281 57,185
EXPENDITURE
Charitable activities
Salaries 152,596 96,349
Employer NI 7,473 3,068
Employer pension 3,678 2,232
Contract storytellers 3,100 640
Summer school 4,237 4,218
Easter school 740 -
171,824 106,507
Support costs
Management
Postage and carriage 68 7
Telephone 1,845 937
Stationery 22 45
Computer expenses 372 -
Printer cartridges 26 47
Insurance 505 -
Sundries and bank charges 1,547 698
Payroll processing charges 169 230
Website 216 216
Online services 864 331
Publicity, brochures and conferences 480 271
Staff DBS check 101 50
Volunteer refreshment 393 48
Carried forward 6,608 2,880

This page does not form part of the statutory financial statements

Page 11

THE LATIN PROGRAMME-VIA FACILIS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021

Period
1.1.20
Year Ended to
31.8.21 31.8.20
£ £
Management
Brought forward 6,608 2,880
Staff travel - 44
PO box rental 89 -
Volunteer DBS 42 -
Consultancy 360 -
7,099 2,924
Governance costs
Accountancy fees 2,076 2,076
Bookkeeping and secretariat 612 317
2,688 2,393
Total resources expended 181,611 111,824
Net expenditure (25,330) (54,639)

This page does not form part of the statutory financial statements

Page 12