2021-07-31-accounts - 1 2 3 Soleil

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	Page
Trustees' Report
independent Examiner's Report	S-6
Statement of Financial Activities
Balance Sheet	8to9
Cash flow	10to 11
Notes to the Financial Statements	12to 17
Detailed Statement of Financial Activities	18to 19

			Year Ended	Year Ended
			31.07.21	31.07.20
			Unrestricted	Total
			funds	funds
		Notes	E	E
INCOME AND ENDOWMENTS		FROM:
Income from other trading	activities		122,639	111,394
Income from charitable activities:
Fund raising events
Donations			8,593
Manuals Sold
Membership Fees
Total income and endowments			131232	111,394
EXPENDITURE ON:
Operating costs			116,506	114,351
Charitable activities			13,983	10,938
Total expenditure			130,489	125,289
NET INCOME/(EXPENDITURE)			743	{13,895)
RECONCILIATION OF FUNDS
Total funds brought forward			30,798	44,694
TOTAL FUNDS CARRIED	FORWARD		31,541	30,798
The notes form part ofthese	financial statements

				31.07.21	31.07.20
				Unrestricted	Total
				funds	funds
			Notes		E
FIXEDASSETS
Computers 8	Telephone	(NBV)		3,966	3,151
CURRENT ASSETS
Cash at bank				34,257	31,067
Debtors				137	619
CREDITORS
Amounts falling due within one year				(6,819)	(4,039)
NET CURRENT ASSETS				31,541	30,798
TOTAL ASSETSLESSCURRENT
LIABILITIES				31,541	30,798
NET ASSETS				31,541	30,798
FUNDS			10
Unrestricted	funds:
Activities in furtherance		ofcharities
objectives				31,541	30,798
TOTAL FUNDS				31,541	30,798

1:Statement ofcash flows
					Total	Prior
					Funds	year	Note
						funds
Cash flows from operating activities:
Net cash provided by (used in) operating			activities		6,146	(8,182)	(Table 2
							below)
Cash flows from investing activities:
Dividends, interest and rents from investments
Proceeds from the sale of property,	plant		and equipment
Purchase of property, plant and equipment					(2,956)	(1,744)
Proceeds from sale ofInvestments
Purchase of investments
Net cash provided by (used in)investing activities					3,190	(9,926)
Cash flows from financing activities:
Repayments of borrowing
Cash inflows from new borrowing
Receipt ofendowment
Net cash provided by (used in)financing activities
Change In cash and cash equivalents		in the reporting			3,190	(9,926)
period
Cash and cash equivalents at the beginning				ofthe	31,067	40,994	(Table 2
reporting period							below)
Change in cash and cash equivalents		due	to	exchange
rate movements
Cash and cash equivalents atthe end		ofthe		reporting	34,257	31,067	(Table 2
period							below)

Reconciliation ofnet movement in fund	s to net cash flo	w from ope	rating ac
		Current	Prior
		Year	Year
Net movement in funds for the reporting	period (as per	743	(13,895)
the statement offinancial activities)
Adjustments for:
Depreciation charges		2,141	2,686
Dividends, interest and rents from investments
Loss/(profit) on the sale offixed assets
(Increase)/decrease in stocks
(Increase)/decrease in debtors		482	472
Increase/(decrease) in creditors		2,780	2,555
Net cash provided by (used in) operating	activities	6,146	(8,182)

		Year Ended	Year Ended
		31.07.21	31.07.20
		Unrestricted	Total
		funds	funds
Operation	of French School	122,639	111,394
3.OPERATING COSTS
		Year Ended	Year Ended
		31.07.21	31.07.20
		Unrestricted	Total
		funds	funds
		f	f
Cost ofgoods sold		91,571	82,584
Fixed Asset	depreciation	2,141	2,686
Rent		21,781	28,106
Insurance		1,013	976
		116,506	114,351
4. EXPENDITURE ON CHARITABLE ACTIVITIES
		Year Ended	Year Ended
		31.07.21	31.07.20
		Unrestricted	Total
		funds	funds
		f	f
Support costs		12,543	9,498
Governance	costs	1,440	1,440
		13,983	10,938

Wages and salaries
In both 2021and 2020 no staff	were employed. 1.2.3Soleil
continues to use subcontracting	tutors

					Year Ended	Year Ended
					31.07.21	31.07.20
					Unrestricted	Total
					funds	funds
					E
INCOME AND	ENOONIVIENTS			FROM'
Income from	other trading		activities		122,639	111,394
Income from	charitable	activities
French Embassy Subsidy/Donations					8,593
Manuals sold
Membership	Fees
Fund raising scheme
					131,232	113.,394
Total income	and endowments				131232	112.,394
OPERATING COSTS:
Cost ofgoods	sold and other costs
Subcontracting	tutors				88,162	82,584
Other direct costs					3,385
Fund raising costs					24
Cost ofgoods	sold
					91,571	82,584
Investment management			costs
Rent					21,781	28,106
Insurance					1,013	976
Depreciation	provision				2,141	2,686
					24,935	31,767
EXPENDITURE	ON CMARITABLE			ACTIVITIES:
Independent	Examiner's	Fees			1,440	1,440
Support costs
Telephone					1,258	1,126
Postage and stationery					3,640	2,577
Accountancy	and payroll				288	576
School books	and materials				2,688	2,500
School trips and pupils'		gifts			861	50
Software and	ITservices	and subscription			1,022	599
Travel 5subsistence					713	192
Carried forward					10,470	7,620