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|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 2|
|Statement ofTrustees Responsibilities|||
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Cash Flow Statement|||
|Notes to the Cash Flow Statement|||
|Notes to the Financial|Statements|9to 14|
|Detailed Statement ofFinancial Activities||15to 16|
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|||STATEME
for|NT OF FINANCIAL A
the year ended 31July|CTIVITIES
2020||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Unrestricted|Total|
|||||I'unds|Funds|
||||Notes|||
|INCOME AND ENDOWMENTS||FROM||||
|Voluntary
income||||991,805|896,496|
|Fund generating
activities||||1,228|,4,519|
|Investment
income||||619|l
297|
|Total||||993,652|901,312|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Charitable
activities||||790,816,|678,494|
|NET INCOME||||202,836|222,818,|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||653,518|430,878|
|TOTAL FUNDS CARRIED FORWARD||||856,354|6 3,696|
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||BALANCE SHEET|||
|---|---|---|---|
||At 31July 2020|||
|||2020|2019|
|||Unrestricted|Total|
|||funds|funds|
||Notes|||
|FIXEDASSETS||||
|Tangible assets||64,501|6,940|
|CURRENT ASSETS||||
|Debtors|12|11/67|1,877|
|Cash at bank||1,030,620|8,267|
|||1,041,987|850,144|
|CREDITORS||||
|Amounts
falling due within one year|13|(250,134)|(233,388)|
|NET CURRENT ASSETS||791,853|616,756|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||856,354|653,696|
|NET ASSETS||856,354|653,696|
|FUNDS|14|||
|Unrestricted
funds||856354|653,696|
|TOTAL FUNDS||856,354|633,696|
##
||||CASH|CASH|FLOW STATEMENT|||
|---|---|---|---|---|---|---|---|
||||for|the|year ended 31July 2020|||
|||||||2020|019|
||||||Notes|||
|Cash flows from operating|activities:|||||||
|Cash generated
from operations
Interest paid||||||17,890
~10)|334,108
~230)|
|Net cash provided
by (used in) operating||||||||
|activities||||||17,880|333 878|
|Cash flows from investing|activities:|||||||
|Purchase oftangible fixed assets||||||(55,510)|(7,085)|
|Saleoftangible fixed assets||||||500||
|Interest received||||||619|297|
|Net cash provided
by (used in) investing||||||(54,391)|(6,788)|
|activities||||||||
|Change
in cash and cash equivalents||in|the|||||
|reporting
period||||||(36,511)|327,090|
|Cash and cash equivalents|at the beginning|||of||||
|the reporting
period||||||848467|521,177|
|Cash and cash equivalents|at the end|of|the|||||
|reporting
period||||||2,030,620|848 267|
##
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|||NOTES TO T
for the|NOTES TO T
for the|HE CASH FLOW STATEMENT
year ended 31July 2020||||
|---|---|---|---|---|---|---|---|
|RECONCILIATION||OF NET INCOME||TO NET CASH FLOW FROM|OPERATING ACTIVIT||ES|
||||||2020||20l9|
|Net income for the|reporting||period (as per the statement offinancial|||||
|activities)|||||202,836|222,8I8||
|Adjustments
for:||||||||
|Depreciation
charges|||||21,789||0,668|
|Loss on disposal of|fixed assets||||5,660|||
|Interest received|||||(619)||(297)|
|Interest paid|||||10||230|
|Decrease/(increase)|in|debtors|||1,876||l,665|
|Increase
in creditors|||||~213,662)||9,024|
|Net cash provided|by|(used in) operating||activities|17,890|334,108||
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|Improvements
to property|-20%on cost||
|---|---|---|
|Fixtures and fittings|-25%on reducing|balance|
|Motor vehicles|-25%on reducing|balance|
|Computer
equipment|-40%on reducing|balance|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|2.|VOLUNTARY INCOME||||||||
|||||||2020|2|19|
||Donations
and grants|||||42,646||,085|
||Gift aid|||||||,467|
||Fees|||||947,223|80|,944|
||Sundry income|||||1,936|||
|||||||991,805|89(||
|3.|FUND GENERATING ACTIVITIES||||||||
|||||||2020|2019||
||Fundraising
events|||||1,228|$,519||
|4.|INVESTMENT INCOME||||||||
|||||||2020f|2019||
||Deposit account interest|||||619||297|
|5.|CHARITABLE ACTIVITIES COSTS||||||||
|||||||Support|||
||||||Direct|costs (see|||
||||||Costs|note 6)|Totals||
||Charitable
activities||||748,364|42,452|790,816||
|6.|SUPPORT COSTS||||||||
|||||||Governance|||
||||Management||Finance|costs|Totals||
|||||f.|f.||||
||Charitable
activities||15,003||21,789|5,660|42,452||
|7.|NET INCOME/(EXPENDITURE)||||||||
||Net income is stated|after charging:|||||||
|||||||2020|2019||
|||||||||f|
||Depreciation - owned|assets||||21,789|30,669||
||Deficit on disposal offixed assets|||||5,660|||
|8.|TRUSTEES' REMUNERATION||AND BENEFITS||||||
||There were no trustees'
remuneration||or other benefits|for the year ended 31 July 2020 nor for the|||year
ended||
||31 July 2019.||||||||
||Trustees'
expenses||||||||
||There were trustees'|expenses totalling anil in the year||ended 31 July 2020 (2019:anil). The balance|||||
||outstanding
at the year end totalled anil (2019:anil).||||||||
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|STAFF COST|S||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||f||
|Wages and salaries|||||405,256|341,063|
|Social security|costs||||29,654|25,182|
|Other pension|costs||||8,546|5,525|
||||||443,456,|371,770|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||2020|2019|
|Teaching staff|||||13|11|
|Administration|staff||||4|4|
||||||17|15|
|No employees|received emoluments||in excess of$60,000.||||
##
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|COMPARATIVES F|ORTHE ST|ATEMENT OF FINANCIAL AC|TIVITIES|
|---|---|---|---|
||||Unrestr icted|
||||fund|
|INCOME AND ENDOWMENTS||FROM||
|Voluntary
income|||6,496|
|Fund generating
activities|||4,519|
|Investment
income|||297|
|Total|||1,312|
|EXPENDITURE ON||||
|Charitable
activities||||
|Charitable
activities|||8,494|
|Total|||8,494|
|NET INCOME|||2,818|
|RECONCILIATION|OF FUNDS|||
|Total funds brought|forward||0,878|
|TOTAL FUNDS CARRIED FORWARD|||653,696|
|11.|TANGIBLE FIXED|ASSETS||||||
|---|---|---|---|---|---|---|---|
|||Improvements
to property|Fixtures and
fittings|Motor
vehicles
f||Computer
equipment|otals|
||COST|||||||
||At l August 2019|122,205|19,899||11,682|30,548|184434|
||Additions
Disposals|47,678|5$.26|f11,682)||2,606|55,510
~!I,682)|
||At 31 July 2020|169883|25,125|||33,154|228,162|
||DEPRECIATION|||||||
||At l August 2019|104,751|11,930||5,522|25,191|147/94|
||Charge for year
Eliminated
on disposal|16,467|2,654|~5,522)||2,668|21,789
~5,522)|
||At 31 July 2020|121,218|14,584|||27,859|163,661|
||NET BOOK VALUE|||||||
||At 31 July 2020|48,665|10,541|||5,295|64,501|
||At 31 July 2019|17,454|7,969||6,160|5,357|36,940|
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||||2020|, 2019|
||Other debtors|||||9,237||
||Prepayments
and accrued income|||||2,130|1,877|
|13.|CREDITORS: AMOUNTS FALLING DUE||WITHIN ONE YEAR|||||
|||||||2020|2019|
||Trade creditors|||||7,964|5,497|
||Social security
and other taxes|||||11,762|1,377|
||Other creditors|||||9,237||
||Accruals and deferred|income||||221,171|226,514|
|||||||250,134|233,388|
|14.|MOVEMENT IN FUNDS|||||||
|||||||Net||
|||||||movement
in||
|||||At|1.8.19|funds|At31.7.20|
||||||||f,|
||Unrestricted
funds|||||||
||General fund|||653,518||202,836|856/54|
||TOTAL FUNDS|||653518||282 836|856354|
##
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|MOVEMEN|MOVEMEN|T IN FUN|DS —con|DS —con|DS —con|tin|ued|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Net movement||in funds,|included|||in|the above|are as follows:||||||
||||||||||Incoming|Resources|Move||ent in|
||||||||||resources|expended|||funds|
|Unrestricted||funds||||||||||||
|General|fund||||||||993,652|(790,816)||2|2,836|
|TOTAL|FUNDS||||||||993,652|(790,816)||20||
|Comparatives||for movement|||in|funds||||||||
|||||||||||Net||||
|||||||||||movement
in||||
||||||||||At 1.8.18|funds|At|31.7.19||
|Unrestricted||Funds||||||||||||
|General|fund||||||||430,878|222,818||653,696||
|TOTAL|FUNDS||||||||430,878|222,818||6|3,696|
|Comparative||net movement||in|funds,||included|in the above are as follows:||||||
||||||||||Incoming|Resources|Move||ent in|
||||||||||resources|expended|||funds|
|Unrestricted||funds||||||||||||
|General|fund||||||||901+12|(6789494)||2|2,818|
|TOTAL|FUNDS||||||||90lP)2|f678,494)||202,818||
|A current|year 12 months||and||prior year 12months combined||||position is as follows:|||||
|||||||||||Net||||
|||||||||||movement
in||||
||||||||||At 1.8.18|funds|At||1.7.20|
|Unrestricted||funds||||||||||||
|General|fund||||||||430,878|425,654||8$||
|TOTAL|FUNDS||||||||430,878|425,654|||6,532|
##
||||Incoming|Resources|Movem ent in|
|---|---|---|---|---|---|
||||resources|expended|funds|
|||||f.||
|Unrestricted||funds||||
|General|fund||1,894,964|~1,469,310)|5,654|
|TOTAL|FUNDS||1,894,964|~),469@10)|425,654|
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