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2020-12-31-accounts

fcr the Year Ended 3lgecernb e2020
31.12.20 31.12.19
Unrestricted Total
funds funds
Notes 6 6
INCOME AND ENDOWMENTS FROM
Donations
snd legacies		 81.634 57,359
Charitable activities
School fees 11,728 98,629
Total 93,362 155,988
EXPENDITURE ON
Charitable
activities
Educational
expenses		 80,223 109,645
Establishment
expenses		 888 28,675
Management
and administration		 11,783 11,843
Total 92,894 150,163
NET INCOME 468 5,825
RECONCILIATION
OF FUNDS
Total funds brought fonvsrd 91,189 85,364
TOTAL FUNDS CARRIED FORWARD ~91 657 91,189

31.12.20 31.12.19
Unrestricted Total
funds funds
5 6
FIXEDASSETS
Tangible assets 6,815 7,399
CURRENT ASSETS
Debtom
Cash at bank ~87 360
81,360
CREDITORS
Amounts tbfiing due within one year (2,578) (2,577)
NET CURRENT ASSETS ~84182 83,790
TOTAL ASSETSLESSCURRENT LIABIUTIES 91,657 91,189
NETASSETS ~91 651 ~91 189
FUNDS
Un asticted funds 91,657
TOTAL FUNDS 91,651 91,189

31.12.20 31.12.19
R R
4,367 5184

STAFF COSTS
The average monthly number of employees during the year wes as follows:
31.12.20 31.12.19
Staff 29 33
No employees
received emoluments		 in excess ofR60,000.
COMPARATIVES
FOR THE STATEMENT		 OF FINANCIAL ACTIVITIES
Unrestricted
funds
R
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 57,359
Charitable
activities
Schoolfees 98,629
Total 155,988
EXPENDITURE ON
Charitable
activities
Educational
expenses		 109,645
Establishment
expenses		 28,675
Management
and administration		 11,843
Total 150,163
NET INCOME 5,825
RECONCILIATION
OF FUNDS
Total funds brought forward 85,364
TOTAL FUNDS CARRIED FORWARD ~91 189
for t he Year Ended 30ecernbe2020 he Year Ended 30ecernbe2020
6. TANGIBLE FIXEDASSETS
Fixtures
Plant and and
machinery fittings Totals
R R R
COST
At 1 January 2020 1,961 13,071 15,032
Additions 1,347 1,347
At 31 December 2020 3,308 13,071 16,379
DEPRECIATION
At 1 January 2020 858 6,775 7,633
Charge for year 612 ~1259 1,871
At 31 December 2020 1,470 8,034 9,504
NET BOOK VALUE
At 31 December 2020 1,838 5,037 6,875
At 31 December 2019 ~tt 03 6,296 7,399
7. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
R R
Prepayments 888
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12.19
R R
Social security and other taxes 1,578 1,577
Accrued expenses ~1000 ~1000
2,578 2,577
9. MOVEMENT
IN FUNDS
Net
movement At
Al 1.1.20 in funds 31.12.20
R R
Unrestricted
funds
General fund 91,189 468 91,657
TOTAL FUNDS ~91 189 468 91,657
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources expended in funds
R R R
Unrestricted
funds
General fund 93,362 (92,894)
TOTAL FUNDS 93,362 (92,894)

Comparatives for moveme nt
in fun		 ds
Net
movement At
At 1.1.19 in funds 31.12.19
2 2
Unrestricted funds
General fund 85,364 5,825 91,189
TOTAL FUNDS ~85 364 5,825 ~91 189
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
2 2 2
Unrestricted funds
General fund 155,988 (150,163) 5,825
TOTALFUNDS 155,988 (150,163) ~5825
A current yea r 12months
and prior year 12		 months combined
position isas follows		 :
Net
movement At
At 1.1.19 in funds 31.12.20
2 2 2
Unrestricted funds
General fund 85,364 6,293 91,657
TOTALFUNDS 85,364 6,293 91,657
A current yea
as follows:		 r 12 months
and prior year 12		 months
combined
net movement
in f		 unds,
included
in		 the above a
Incoming Resources Movement
resources expended in funds
2 2 2
Unrestricted funds
General fund 249,350 (243,057) 6,293
TOTALFUNDS 249,350 (243,057) 6,293

for the Yea r E n ded 3 becembe2020
31.12.20 31.12.19
2 2
INCOME AND ENDOWMENTS
Donadons and legacies
Donations 7,158 10,682
Grants 74,476 ~46 677
81,634 57,359
Charitable activities
School fees 11,728 98,629
Total incoming resources 93,362 155,988
EXPENDITURE
Charitable activities
Trustees' salaries 4,367 5,184
Wages 65,264 85,418
Temporary Staff 450
Rent 27,540
Insurance 888 1,135
Telephone 422 283
Printing, Post and stationery 908 2,757
Advertising 825 1,202
Sundries 111 610
Information and publication 4,635 3,536
Students
&		 tutors welfare 1,268 10,415
Software 398 117
Educational supplies 4,239 2,027
Seminar 285 3,065
Entertainmsnt & gifts 1,814 2,853
Penalty 750
Plant and machinery 612 368
Fixtures and fittings 1,259 1,574
Bank charges 149 29
*Bad debts (2,000) (500)
Donation to institutions 1,200
87,094 148,363
Supportcosts
Governance costs
Accountancy and legal fees 1,800 1,800
Settlement payments to staff 4,000
5,800 1,800
Total resources expended 92,894 150,163
Net income 468 5,825