| Company | Number: | 6356360 | |
|---|---|---|---|
| Registered | Charity | Number: | 1133681 |
| Director: | Professor A M Ramroop, OBE,CMTT | ||
| Mrs JA Jarrold —appointed 7.7.2022 | |||
| Trustees: | Professor A M Ramroop, OBE,CMTT | ||
| Mr A Wong CBE | |||
| Mrs JA Jarrold —appointed 7.7.2022 | |||
| Registered | Office: | 34Napier Road | |
| Bromley | |||
| Kent | |||
| BR29JA | |||
| Accountants: | Kempton Emsden th Co. | ||
| Chartered Accountants | |||
| 34Napier Road | |||
| Bromley | |||
| Kent | |||
| BR29JA |
| Page | ||
|---|---|---|
| Trustees' Report | ||
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Detailed Analysis ofFunds | ||
| Balance Sheet | ||
| Notes | ||
| Income and Expenditure | Account | 13 |
| STATEMENT OF FINANCIAL ACTIVITIES | ||||||
|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31DECEMBER 2021 | ||||||
| Total | Total | |||||
| Unrestricted | Funds | Funds | ||||
| Funds | 2021 | 2020 | ||||
| g | ||||||
| Income and endowments | from: | |||||
| Charitable activities |
222,519 | 222,519 | 185,635 | |||
| Investments | 16,308 | 16,308 | 22,031 | |||
| Other income | 1,950 | 1,950 | 2,153 | |||
| Total income | and endowments | 240,777 | 240,777 | 209,819 | ||
| Expenditure | on: | |||||
| Raising funds | 155,483 | 155,483 | 148,266 | |||
| Charitable activities |
37,505 | 37,505 | 19,299 | |||
| Other | 5,758 | 5,758 | 7,561 | |||
| Total resources expended | 198,746 | 198,746 | 175,126 | |||
| Net movement | in funds | 42,031 | 42,031 | 34,693 | ||
| Total funds brought | forward | f148,130 | 6148,130 | 113,437 | ||
| Total funds carried | forward | f190,161 | 6190,161 | 8148,130 |
| FOR THE | YEAR ENDED | 31DE | CEMBER 2 | 021 | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| GeneralFund | |||||||
| Balance brought | forward | 148,130 | 113,437 | ||||
| Surplus for the | year | 42,031 | 34,693 | ||||
| 190,161 | 148,130 | ||||||
| Total funds at | 31December 2021 | 8190,161 | 8148,130 |
| SAVILE ROW ACADEMY LIMITED | SAVILE ROW ACADEMY LIMITED | |||||
|---|---|---|---|---|---|---|
| BALANCESHKKT | ||||||
| AT31DECEMBER 2021 | ||||||
| Note | 2021 | 2020 | ||||
| Tangible fixed assets | ||||||
| Investments | 325 | 431 | ||||
| Current assets |
||||||
| Debtors | 10 | 347,509 | 353,555 | |||
| Bank accounts | 160,449 | 74,886 | ||||
| 507,958 | 428,441 | |||||
| Creditors | ||||||
| Amounts falling due within |
||||||
| one year | 11 | 318,121 | 278,870 | |||
| Net current | assets | 189,837 | 149,571 | |||
| Total assets | less current liabilities | 190,162 | 150,002 | |||
| Provisions | for liabilities | (1,871) | ||||
| Net assets | f190,162 | f148,131 | ||||
| Capital funds | ||||||
| Called up share capital | 1 | 1 | ||||
| Unrestricted | funds | 190,161 | 148,130 | |||
| Total funds | f190,162 | 6148,131 |
| Income | ||||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| Funds | Funds | Funds | ||
| 2021 | 2021 | 2020 | ||
| Charitable activities |
||||
| Tuition fees | 222,519 | 222,519 | 185,635 | |
| 222,519 | 222,519 | 185,635 | ||
| Investment income |
||||
| Bank interest received | 5 | 5 | ||
| Loan interest receivable | 16,409 | 16,409 | 27,165 | |
| Loss on disposal ofinvestments | (4,614) | |||
| Loss on foreign exchange | (5) | (5) | (263) | |
| Fair value changes | (101) | (101) | (257) | |
| 16,308 | 16,308 | 22,031 | ||
| Other income | ||||
| Employment allowance |
1,950 | 1,950 | 625 | |
| Covid Job Retention | Scheme Grants | 1,528 | ||
| 1,950 | 1,950 | 2,153 | ||
| Expenditure on raising funds |
||||
| 2021 | 2021 | 2020 | ||
| Marketing | 3,975 | |||
| Rent, rates and service charges | 144,000 | 144,000 | ||
| Travelling | 56 | |||
| Computer expenses |
840 | 565 | ||
| Legal and professional charges |
2,846 | 2,512 | ||
| Book-keeping | 1,054 | 454 | ||
| Bank charges | 2,413 | 689 | ||
| Sundry expenses | 299 | 46 | ||
| 155,483 | 148,266 |
| Expendit | ure | on charitable activities |
|||
|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | |||
| Training | materials | 7,659 | 2,057 | ||
| Teaching | staff | 24,846 | 8,265 | ||
| Teaching | fees | 5,000 | 8,977 | ||
| 37,505 | 19,299 | ||||
| Other costs | |||||
| 2021 | 2021 | 2020 | |||
| Accountancy | 2,640 | 2,400 | |||
| Corporation | Tax on interest receivable | 3,118 | 5,161 | ||
| 5,758 | 7,561 |
| 8. | Intangible fixed assets |
|
|---|---|---|
| Patents | ||
| Cost: | ||
| At 1 January 2021 |
1,331 | |
| Disposal | (1,331) | |
| At 31 December 2021 | ||
| Amortisation: | ||
| At I January 2021 | 1,331 | |
| Eliminated on disposal |
(1,331) | |
| Net book value: | ||
| At 31December 2021 | ||
| At 31 December 2020 | ||
| 9. | Fixed asset investments | |
| Listed | ||
| Cost | ||
| At 1 January 2021 | 430 | |
| Deficit on revaluation | (105) | |
| At 31December 2021 | 325 | |
| Net Book Values: | ||
| As at 31December 2021 | E325 | |
| As at 31December 2020 | I:430 |
| Amounts falling due within one year: |
Amounts falling due within one year: |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Tuition debtors | 945 | 6,301 | |
| Maurice Sedwell (Savile Row) Ltd | 346,468 | 336,146 | |
| Prepayments and accrued income |
11,013 | ||
| Alexander Investments |
-cash balance | 96 | 95 |
| 8347,509 | 8353,555 | ||
| Creditors | |||
| Amounts falling due within one year: |
|||
| 2021 | 2020 | ||
| Sundry creditors | 7,316 | 8,364 | |
| Other taxes dr PAYE | 421 | 214 | |
| Corporation tax payable |
4,988 | 3,291 | |
| Accruals and deferred income | 305,396 | 267,001 | |
| f318,121 | f278,870 |