##
##
##
##
##
##
##
##
##
##
##
|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|