2022-07-31-accounts - 1 2 3 Soleil

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Page
Trustees' Report	1to4
Independent Examiner's Report	5-6
Statement of Financial Activities
Balance Sheet	8to9
Cash flow	10to 11
Notes tothe Financial Statements	12to 17
Detailed Statement of Financial Activities	18to 19

				Year Ended	Year Ended
				31.07.22	31.07.21
				Unrestricted	Total
				funds	funds
			Notes	f	f
INCOME AND ENDOWMENTS		FROM:
Income from other trading activities				159,009	122,639
Income from charitable activities:
Fund raising events
Donations					8,593
Manuals Sold
Membership Fees
Total income and endowments				159,009	131,232
EXPENDITURE ON'
Operating costs				119,899	116,506
Charitable activities				19,131	13,938
Total expenditure				139,030	130,489
NET INCOME/(EXPENDITURE)				19,979	743
RECONCILIATION OF FUNDS
Total funds brought	forward			31,541	30,798
TOTAL FUNM CARRIED FORWARD				51,520	31,541

Balance Sheet t 31July 2022
			31.07.22	31.07.21
			Unrestricted	Total
			funds	funds
		Notes	f
FIXEDASSETS
Computers R.Telephone	(NBV)		4,625	3,966
CURRENT ASSETS
Cash at bank			50,369	34,257
Debtors			(1,345)	137
CREDITORS
Amounts falling due within one year			(2,129)	(6,S19)
NET CURRENT ASSETS			51,520	31,541
TOTAL ASSETS LESSCURRENT
LIABILITIES			51,520	31,541
NET ASSETS			51,520	31,541
FUNDS		10
Unrestricted funds:
Activities in furtherance	ofcharities
objectives			51,520	31,541
TOTAL FUNDS			51,520	31,541

1:Statement ofcash flows
				Total	Prior
				Funds	pear	Note
					funds
Cash flows from operating activities:
Net cash provided by (usedin) operating			activities	19,155	6,146	(Table 2
						below)
Cash flows from investing activities:
Dividends, interest and rents from investments
Proceeds from the sale of property,	plant		and equipment
Purchase ofproperty, plant and equipment				(3,043)	(2,956)
Proceeds from sale of investments
Purchase ofinvestments
Net cash provided by (used in) investing			activities	16,112	3,190
Cash flows from financing activities:
Repayments ofborrowing
Cash inflows from new borrowing
Receipt ofendowment
Net cash provided by (used in)financing			activities
Change in cash and cash equivalents		in the reporting		16,112	3,190
period
Cash and cash equivalents at the beginning ofthe				34,257	31,067	(Table 2
reporting period						below)
Change in cash and cash equivalents		due	to exchange
rate movements
Cash and cash equivalents at the end		of	the reporting	50,369	34,257	(Table 2
period						below)

Reconciliation of	net rnovernent in fund	s to net cash flo	w from oper	ating a
			Current	Prior
			Year	Year
Net movement in	funds forthe reporting	period (as per	19,978
the statement offinancial activities)
Adjustments for:
Depreciation charges			2,384	2,141
Dividends, interest	and rents from investments
Loss/(profit) on the sale offixed assets
(Increase)/decrease	in stocks
(Increase)/decrease	in debtors		1,482	482
Increase/(decrease)	in creditors		(4,689)	2,780
Net cash provided	by (usedin) operating	activities	19,155	6,146

		Year Ended	Year Ended
		31.07.22	31.07.21
		Unrestricted	Total
		funds E	fundsf
Operation	of French School	159,009	122,639
3.OPERATING COSTS
		Year Ended	Year Ended
		31.07.22	31.07.21
		Unrestricted	Total
		funds	funds
		E	E
Cost ofservices provided		78,026	91,571
Fixed Asset	depreciation	2,384	2,141
Rent		38,610	21,781
Insurance		879	1,013
		119,899	116,506
4.EXPENDITURE ON CHARITABLE ACTIVITIES
		Year Ended	Year Ended
		31.07.22	31.07.21
		Unrestricted	Total
		funds	funds
		f
Support costs		17,691	12,543
Governance	costs	1,440	1,440
		19,131	13,983

Year Ended	Year Ended
31.07.22	31.07.21
f	f.

In both 2022 and 2021no staff	were employed. 1.2.3Soleil
continues to use subcontracting	tutors.

Year Ended	Year Ended
31.07.22	31.07.21

					Year Ended	Year Ended
					31.07.22	31.07.21
					Unrestricted	Total
					funds	funds
					E	f
INCOME AND	ENDOWMENTS			FROM:
Income from other trading			activities		159,009	122,639
Income from	charitable	activities
French Embassy Subsidy/Donations						8,593
Manuals sold
Membership	Fees
Fund raising scheme
					159,009	131,232
Total income	and endowments				159,009	131,232
OPERATING COSTS'
Cost ofgoods	sold and other			costs
Subcontracting	tutors				75,030	88,162
Other direct costs					2,996	3,385
Fund raising costs						24
Cost ofgoods	sold
					78,026	91,571
Investment management			costs
Rent					38,610	21,781
Insurance					879	1,013
Depreciation	provision				2384	2,141
					41,873	24,935
EXPENDITURE	ON CHARITABLE			ACTIVITIES:
Independent	Examiner's	Fees			1,440	1,440
Support costs
Telephone					1,420	1,258
Postage and stationery					2,144	3,640
Accountancy	and payroll				547	288
School books	and materials				4,282	2,688
School trips and pupils'		gifts			1,474	861
Software and	ITservices	and subscription			947	1,022
Travel S.subsistence					502	713
Carried forward					11,316	10,470