2020-12-31-accounts

CONTENTS			PAGE
Company and charity information
Trustees' annual report
Independent examiner's	report
Statement offinancial activities (incorporating		the
income and expenditure	account)
Balance sheet
Notes to the accounts

Registered		charity name	charity name	JACT Summer Schools	JACT Summer Schools	Trust
Charity number				1137562
Company	registration		number	07331184
Registered		office		Market House
				10Market Walk
				Saffron Walden
				Essex
				CB101JZ
Trustees (and Directors)				Prof J M Mossman
				FR Shaw
				JWisse
				L Bastin (Resigned	01/06/2020)
				D Moyes (Appointed	01/06/2020)
Independent		examiner		Simon David Needham		FCCA
				Croucher Needham	(Essex) LLP
				Market House
				10Market Walk
				Saffron Walden
				Essex
				CB101JZ
Bankers				CAF Bank Limited
				PO Box289
				West Mailing
				Kent
				ME19 4TA

	YEA	R ENDED 31 D	ECEMBER 2	020
				TotalFunds	Total Funds
		Unrestricted	Restricted	Year to	Year to
	Note	Funds	Funds E	31 Dec20	31 Dec 19 f
INCOMING RESOURCES
Incoming resources from
generating funds:
Activities for generating
funds	2	457		457	1,260
Investment income	3	180		180	248
Incoming resources from
charitable activities	4	72,938		72,938	442,446
TOTAL INCOMING
RESOURCES		73,575		73,575	443,954
RESOURCES EXPENDED
Charitable activities	6/7	48,924		48,924	456,240
Other costs	8	6,757		6,757	4,105
TOTAL RESOURCES
EXPENDED		55,681		55,681	460,345
NET
INCOMING/(OUTGOING)
RESOURCES FOR THE
YEAR AND NET
INCOME/(EXPENDITURE)
FOR THE YEAR		17,894		17,894	(16,391)
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT
FORWARD		87,904	3,600	91,504	107,895
TOTAL FUNDS CARRIED
FORWARD		105,798	3,600	109,398	91,504

			2020		2019
		Note	6
CURRENTASSETS
Debtors Cash at bank and in hand		1s	1,450 114,218		94,154
			115,688
CREDITORS: Amounts year	falling due within one	11	(6,270)		(2,650)
NET CURRENT ASSETS				109,398	91,504
TOTAL ASSETSLESS CURRENT LIABILITIES				109,398	91,504
NET ASSETS				109,398	91,504
FUNDS
Restricted income funds Unrestricted income funds		12 13		3,600 105,797	3,600 87,904
TOTAL FUNDS				109,398	91,504

NCOMING RESOURCES FROM	ACTIVITIES FOR GENERA	TING FUNDS
	Unrestricted	Total Funds	Total Funds
	Funds	2020	2019
	6
Other income	54	54	800
Royalties received	403	403	460
	457	457	1,260

NVES	TMENT	INCOME
			Unrestricted	Restricted	Total	Funds	Total	Funds
			Funds	Funds		2020		2019
			R	8		6		F
Bank	interest	receivable	180			180		248

				Unrestricted	Restricted	Total	Funds	Total Funds
				Funds	Funds		2020	2019
					8		6	F
Grants				35,366			35,366	57,777
Summer	School	course	and
residential	fees			37,572			37,572	384,669
				72,938			72,938	442,446

	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2020	2019
	K	8	6
Other grants/donations receivable	1,480		1,480	500
Branches —Summer Schools
Classical Civilisation &Ancient
History Summer School
Gilbert Murray Trust	400		400
Classical Association				2,000
Lytham St. Anne's Classical Assoc.				670
Oxford Univ, Craven Committee				800
Wearside Group	2,500		2,500
Greek Summer School
Cambridge Classics Faculty				7,000
Classical Association	2,500		2,500	3,000
Jowett Copyright Trust	5,000		5,000	12,000
Oxford Univ, Craven Committee	2,500		2,500	2,500
Oxford Classics Faculty				3,000
Trinity College, Cambridge	1,300		1,300	1,300
Gilbert Murray/Cromer	600		600
Anniversary Bursary Campaign	546		546	1,000
Cambridge Intensive Greek				4,400
JACT Greek Project	1,800		1,800	3,020
SPHS				400
Latin Summer School
Oxford Univ, Craven Committee	2,500		2,500	2,500
Cambridge Classics Faculty	2,000		2,000	2,000
Classical Association	4,580		4,580	2,000
Jowett Copyright Trust	2,500		2,500	5,000
Trinity &Girton College, Cambridge	1,045		1,045	1,000
Classics for All	640		640
Durham Summer School
Classical Association	2,500		2,500	2,000
Rem Wearside Group				687
SPHS				500
B4Durham				500
Gilbert Murray	500		500
Jowett Copyright Trust	175		175
Donated course fees	300		300
	35,366		35,366	57,777

OSTS O	F CHA	RITABLE AC	TIVITIES BYFUND	TYPE
			Unrestricted	Restricted	Total	Funds	Total Funds
			Funds	Funds		2020	2019
				8			L
Summer	School	Costs	48,924			48,924	456,240
			48,924			48,924	456,240

			Grant
		Charitable	funding	Support	Total Funds	Total Funds
		activities 6	activities	costs 8	2020 8	2019 f
Summer School
Costs		48,924			48,924	456,240
		48,924			48,924	456,240
THER COSTS
				Unrestricted	Total Funds	Total Funds
				Funds	2020	2019
				'Z		6
Accountancy	fees			2,930	2,930	2,620
Administrative	expenses			3,112	3,112	1,260
Trustees' expenses				715	715	225
				6,757	6,757	4,105

2020	2019
6
1,450
1,450

			Balance at	Incoming	Outgoing	Balance at
			1Jan 2020 2	resources f	resources 2	31Dec 2020 2
General	Funds		3,600			3,600
			3,600			3,600
UNRESTRICTED INCOME			FUNDS
			Balance at	Incoming	Outgoing	Balance at
			1Jan 2020	resources	resources	31Dec2020
			2	2	2	2
Classical	Civilisation	&
Ancient	History Summer
School			12,341	3,420	(1,944)	13,817
Greek Summer School			47,599	14,408	(18,614)	43,393
Latin Summer School			(4,837)	50,327	(30,122)	15,368
Durham	Summer School		29,241	3,475	(5,177)	27,539
General	Funds		3,560	8,878	(6,757)	5,681
			87,904	80,508	(62,614)	105,798

ANALYS	IS OF NET ASSETS BETWEE	N FUNDS
		Tangible	Net current
		fixed assets	assets	Total
			E
Restricted Income Funds:
General	Funds		3,600	3,600
Unrestricted Income Funds:
Summer	School Funds		100,117	100,117
General	Funds		5,681	5,681
Total Funds			109,398	109,398

			2020	2019
			6
INCOME
Grants receivable			2,900	3,470
Course fees			520	20,568
Booksale				242
			3,420	24,280
EXPENDITURE
Staff honoraria	and expenses		1,260	7,792
Bursaries to students				2,000
Speaker expenses				75
Residence and	facilities			15,486
Insurance and	contribution	to JSST	130	404
Administration	and sundry	expenses	554	990
Bank charges				127
			1,944	26,874
SURPLUS/(DEFICIT) FOR THE YEAR			1,476	(2,594)
BALANCE AS	AT 1 JANUARY 2020		12,341	14,935
BALANCE AS	AT 31 DECEMBER 2020		13,817	12,341

			2020f	2019f
INCOME
Grants and donations	receivable		14,246	41,220
Course fees and residence		and facility fees		221,588
Sale oftext books			7	1,789
Interest receivable			155	202
Sundry income				3,070
			14,408	267,869
EXPENDITURE
Staff honoraria and expenses			5,298	47,945
Bursaries to students				26,350
Residence and facilities			1,800	180,087
Purchase oftext books and		equipment		5,093
Play costs				270
Insurance			768	761
Professional fees				490
Photocopying, postage	and	stationery		1,439
Administration and sundry expenses			2,799	2,066
IT system			6,358	7,204
Outreach and publicity			756	383
Online resources			835
			18,614	272,088
(DEFICIT) FOR THE YEAR			(4,206)	(4,219)
BALANCE AS AT 1 JANUARY 2020			47,599	51,818
BALANCE AS AT 31	DECEMBER 2020		43,393	47,599

					2020	2019
						6
INCOME
Grants and donations		receivable			13,265	12,500
JSSTloan						5,000
Course fees					41,485	95,575
Excursions and events						1,160
Interest receivable					17	33
Sundry income					40	1,683
					54,807	115,951
EXPENDITURE
Staff honoraria	and expenses				25,426	21,957
Bursaries to students					4,480	3,930
External speakers					675	1,068
Residence and	facilities					79,722
Materials					527	1,986
Excursions						2,799
Insurance and	contribution		to JSSTCentral	Fund		767
Professional fees					3,359	4,587
Photocopying,	postage	and stationery				1,273
Administration	and sundry		expenses		135	2,526
Repayment ofJSSloan					5,000
					39,602	120,615
SURPLUS/(DEFICIT)		FOR THE YEAR			15,205	(4,664)
BALANCE AS	AT 1 JANUARY 2020				163	4,827
BALANCE AS	AT 31	DECEMBER 2020			15,368	163

					2020f	2019
INCOME
Grants and donations		receivable			3,475	3,687
Course fees						75,260
					3,475	78,947
EXPENDITURE
Staff honoraria	and expenses				3,100	11,160
Bursaries to students						3,985
Residence and	facilities				500	58,867
Excursions						410
Insurance and	contribution		to JSSTCentral	Fund	751	687
Administration	and sundry		expenses		497	192
Website					329	80
Bank charges						6
					5,177	75,387
(DEFICIT)/SURPLUS		FOR THE YEAR			(1,702)	3,560
BALANCE AS	AT 1 JANUARY 2020				29,241	25,681
BALANCE AS	AT 31 DECEMBER 2020				27,539	29,241