| Contents | Page no | |
|---|---|---|
| Information Page |
||
| Report ofthe trustees | 2-3 | |
| Independent Examiner |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the financial | statements | 7-10 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricte | Restricted | 2023 | 2022 | ||||
| INCOME AND EXPENDITURE | Notes | f | E | ||||
| INCOMING RESOURCES |
|||||||
| Income from Charitable | activites | 3 | 187,425 | 187,425 | 171,592 | ||
| Other income | 27 | 27 | 1,072 | ||||
| Total Income | 187,452 | 187,452 | 172,664 | ||||
| RESOURCES EXPENDED | |||||||
| Direct charitable activities |
4 | 130,004 | 130,004 | 149,054 | |||
| Governance Cost |
5 | 9,268 | 9,268 | 9,945 | |||
| Support Cost | 6 | 24,159 | 24,159 | 25,338 | |||
| Total Resources Expended | 163,431 | 163,431 | 184,337 | ||||
| NET INCOME /DEFICIT FOR THE YEAR | f24,021 | F24,021 | (11,673) | ||||
| Fund as at 1 October 2022 | 318 | 318 | 11,355 | ||||
| Funds as at 30September | 2022 | 623„703 | F23,703 | 318 |
| BALANCE | SHEET AS AT | 30SEPTEMBE | R 2023 | ||
|---|---|---|---|---|---|
| Total | Total | ||||
| 2023 | 2022 | ||||
| Notes | |||||
| FIXEDASSETS: | |||||
| Tangible Assets | 4,697 | ||||
| Current Assets: | |||||
| Debtors | 14,025 | 14,025 | |||
| Cash at Bank and | in hand | 5,049 | 294 | ||
| 19,074 | 14,319 | ||||
| Creditors: | |||||
| Amount falling due |
within one year | 68 | 14,637 | ||
| Net Current Assets | 19,006 | 318 | |||
| Total Net Assets | 23,703 | 318 | |||
| Funds | |||||
| Unrestricted funds |
10 | 223,703 | 318 | ||
| Total Funds | F23,703 | 318 |
| 3 | VOLUNTARY INCOME | Unrestricted | Restricted | 2023 | 2022 | ||
| E | F | F | |||||
| Fees and Donation | Collection | 187,425 | 187,425 | 171,592 | |||
| JRS- grants | 27 | 27 | 1,072 | ||||
| Total Income | 187,452 | - | 187,452 | 172,664 | |||
| EXPENSES SUMMARY | |||||||
| k | |||||||
| CHARITABLE ACTIVITIES COST | Unrestricted | Restricted | 2023 | 2022 | |||
| Rent and service charges | 54,054 | 54,054 | 59,725 | ||||
| Wages and Salary | 39,566 | 39,566 | 48,446 | ||||
| Events, gifts and prizes | 2,185 | 2,185 | |||||
| Printing/Postage/photocopying | 4,672 | 4,672 | 5,141 | ||||
| Telephone/Internet | 1,241 | 1,241 | 1,079 | ||||
| Repair, Maintenance | and Cleaning | 1,246 | 1,246 | 1,305 | |||
| Staff training | 7,117 | 7,117 | 6,549 | ||||
| Legal and professional | 2,157 | 2,157 | 1,984 | ||||
| Teacher Hire | 9568 | 9,568 | 6,666 | ||||
| Educational Supplies |
8,199 | 8,199 | 18,149 | ||||
| Travelling and refreshment |
10 | ||||||
| 130,004 | - | 130,004 | 149,054 | ||||
| 5 | GOVERNANCE COST |
Unrestricted | Restricted | 2023 | 2022 | ||
| f | F | f | |||||
| Rent and service charges | 3,378 | 3,378 | 3,733 | ||||
| Wages and Salary | 2,473 | 2,473 | 3,028 | ||||
| Accountancy | 1,260 | 1,260 | 1,200 | ||||
| Legal 8 Professional | Fees | 2,157 | 2,157 | 1,984 | |||
| 9,268 | 9,268 | 9,945 | |||||
| 6 | SUPPORT COST | Unrestricted | Restricted | 2023 | 2022 | ||
| f | F | E | |||||
| Rent and service charges | 10,135 | 10,135 | 10,135 | ||||
| Wages and Salary | 7,419 | 7,419 | 7,419 | ||||
| Telephone/Internet | 310 | 310 | 310 | ||||
| Printing/Postage/photocopying | 1,557 | 1,557 | 1,557 | ||||
| Repair, Maintenance | and Cleaning | 1,246 | 1,246 | 1,246 | |||
| Staff training | 791 | 791 | 791 | ||||
| Advert & Publicity |
120 | 120 | 120 | ||||
| Charitable donations/subscription |
421 | 421 | 421 | ||||
| Bank Charges | 221 | 221 | 221 | ||||
| Sundries | 373 | 373 | 373 | ||||
| Depreciation on FF & |
Equipment's | 1,566 | 1,566 | 1,566 | |||
| 24,159 | - | 24,159 | 24,159 | ||||
| Total Expenses | 163,431 | - | 163,431 | 183,158 | |||
| age- |
| STAFF EMOLUMENTS | 2023 | 2022 |
|---|---|---|
| f | f | |
| Wages and salaries per payroll | 49,457 | 60,555 |
| 49,457 | 60,555 | |
| Direct Charitable Wages |
37,001 | 49,068 |
| Non Direct Charitable Wages |
12,456 | 11,487 |
| 49,457 | 60,555 | |
| Avg No ofemployees: Admin |
||
| Avg No ofemployees: Direct |
||
| Employees paid in excess off60,000 during the current year |
None | None |
| 8 | TANGIBLE FIXEDASSETS: | Fixture, Fixture | ||||
| 8 | Equipment's | Total | ||||
| Cost: | F | |||||
| Cost b/fwd | 35,343 | 35,343 | ||||
| Addition | 6,263 | 6,263 | ||||
| 41,606 | 41,606 | |||||
| Depreciation: | ||||||
| Charges b/fwd |
35,343 | 35,343 | ||||
| Charge for the year | 1,566 | 1,566 | ||||
| 36,909 | 36,909 | |||||
| Net Book Value | ||||||
| As at 30September 2023 | 4,697 | 4,697 | ||||
| As at 30September 2022 | ||||||
| 9 | AMOUNT FALLING DUE WITHIN ONE YEAR |
2023 | 2022 | |||
| E | E | |||||
| Accruals | ||||||
| PAYE liabilities | 68 | |||||
| Other Creditors- | ELM Rent | 14,637 | ||||
| 68 | 14,637 | |||||
| 10 | MOVEMENT IN |
FUNDS: | Unrestricted | Restricted | Grand | |
| Fund | Fund | Total | ||||
| As at 1 October | 2022 | 318 | 318 | |||
| Current year | f24,021 | F24,021 | ||||
| Current year transfer | ||||||
| As at 30September 2023 | f23,703 | 223,703 |