2021-12-31-accounts

Report ofthe Trustees			1	to	2
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes tothe Financial Statements			6	to	10
Detailed Statement of Financial		Activities

for the Year Ended 3fgecemb	eQ021
			31.12.21	31.12.20
			Unrestricted	Total
			funds	funds
		Notes	8	6
INCOME AND ENDOWMENTS	FROM
Donations and legacies			57,658	81,634
Charitable activities
School fees			33,790	11,728
Total			91,448	93,362
EXPENDITURE ON
Charitable activities
Educational expenses			73,303	80,223
Establishment expenses				888
Management and administration			15,103	11,783
Total			88,406	92,894
NET INCOME			3,042	468
RECONCILIATION OF FUNDS
Total funds brought forward			91,657	91,189
TOTAL FUNDS CARRIED FORWARD			94,699	91,657

Balance Sheet 31DecembeE021
		31.12.21	31.12.20
		Unrestricted	Total
		funds	funds
	Notes	8	8
FIXEDASSETS
Tangible assets		5,408	6,875
CURRENT ASSETS
Cash at bank		91,868	87,360
CREDITORS
Amounts falling due within one year		(2,577)	(2,578)
NET CURRENT ASSETS		89,291	84,782
TOTAL ASSETS LESSCURRENT	LIABILITIES	94,699	91,657
NET ASSETS		94,699	~91 657
FUNDS
Unrestricted funds		94,699	91,657
TOTAL FUNDS		94,699	91,657

31.12.21	31.12.20
R	R
4778	4,367

The average monthly number of	emp	loyees during the year was as follows:
			31.12.21	31.12.20
Staff			28	29
No employees received emoluments		in excess of R60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted
				funds
				R
INCOME AND ENDOWMENTS	FROM
Donations and legacies				81,634
Charitable activities
School fees				11,728
Total				93,362
EXPENDITURE ON
Charitable activities
Educational expenses				80,223
Establishment expenses				888
Management and administration				11,783
Total				92,894
NET INCOME				468
RECONCILIATION OF FUNDS
Total funds brought forward				91,189
TOTAL FUNDS CARRIED FORWARD				~91 657

TANGIBLE FIX	EDASS	ETS
					Fixtures
				Plant and	and
				machinery	fittings	Totals
				2	2	6
COST
At 1 January 2021 and 31 December 2021				3,308	13,071	16,379
DEPRECIATION
At 1 January 2021 Charge for year				1,470 460	8,034 ~1007	9,504 1,467
At 31 December	2021			1,930	9,041	10,971
NET BOOK VALUE
At 31 December	2021			1,378	4,030	5,408
At 31 December	2020			1,838	~5037	6,875
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					31.12.21	31.12.20
					2
Social security and other		taxes			1,577	1,578
Accrued expenses					1,000	1,000
					2,577	2,578
MOVEMENTIN	FUNDS
					Net
					movement	At
				At 1.1.21	in funds	31.12.21
					2
Unrestricted funds
General fund				91,657	3,042	94,699
TOTAL FUNDS				91,657	3,042	94,699
Nst movement in funds,		included	in the above are ss follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				6	6	2
Unrestricted funds
General fund				91,448	(88,406)	3,042
TOTAL FUNDS				91,448	(88,406)	3,042

Compar	atives	for moveme	nt in funds
					Net
					movement	At
				At 1.1.20	in funds	31.12.20
				6	2
Unrestricted		funds
General	fund			91,189	468	91,657
TOTAL	FUNDS			91,189	468	91,657
Comparative		net movement	in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				6	8	9
Unrestricted		funds
General	fund			93,362	(92,894)	468
TOTAL	FUNDS			93,362	(92,894)	468

A curren	t yea	r 12months and prior year 12	months combined position is as follows	:
				Net
				movement	At
			At 1.1.20	in funds	31.12.21
			2	9	6
Unrestricted		funds
General	fund		91,189	3,510	94,699
TOTAL	FUNDS		91,189	3,510	94,699

			Incoming	Resources	Movement
			resources	expended	in funds
			9	9	9
Unrestricted		funds
General	fund		184,810	(181,300)	3,510
TOTAL	FUNDS		184,810	(181,300)	~3510

Detailed Statement	of Financial Activities
for the Year Ended	3$ecembeE021
		31.12.21	31.12.20
		E	2
INCOME AND ENDOWMENTS
Donations and legacies
Donations		5,508	7,158
Grants		52,150	74,476
		57,658	81,634
Charitable activities
School fees		33,790	11,728
Total incoming resources		91,448	93,362
EXPENDITURE
Charitable activities
Trustees' salaries		4,778	4,367
Wages		64,468	65,264
Temporary Staff			450
Insurance			888
Telephone		247	422
Printing, Post and stationery		1,032	908
Advertising		816	825
Sundries		329	111
Information and publication		2,716	4,635
Students &tutors welfare		2,353	1,268
Software		2,831	398
Educational supplies		2,256	4,239
Seminar		1,339	285
Entertainment &gifts		1,914	1,814
Plant and machinery		460	612
Fixtures and tittings		1,007	1,259
Bank charges		60	149
Bad debts			(2,000)
Donation to institutions			~1200
		86,606	87,094
Supportcosts
Governance costs
Accountancy and legal fees Settlement payments to staff		1,800	1,800 4,000
		1,800	~5800
Total resources expended		88,406	92,894
Net income		3,042	468