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2020-08-31-accounts

Page
Report ofthe Trustees 1to5
Independent Examiner's Report
Statement
of		 Financial Activities
Balance Sheet Bto9
Notes to the Financial Statements 10to 16
Detailed Statement of Financial Activities 17to 18

Unrestricted Restricted 2020
Total		 2019
Total
INCOME AND ENDOWMENTS FROM Notes funds
f		 funds
f		 funds
f		 funds
f
Donations
and legacies		 231,705 19,196 250,901 242,221
Other trading
activities
Investment
income		 59
842		 122 59
964		 167
Total
232,606 19,318 251,924 242,388
EXPENDITURE ON
Raising funds
Charitable
activities		 859 859 1,328
Charitable
activities expenditure		 186,201 39,439 225,640 219,585
Total
187,060 39,439 226,499 220,913
NET INCOME/(EXPENDITURE) 45,546 (20,121) 25,425 21,475
Transfers between
funds		 12 16,160 (16,160)
Net movement
in funds		 61,706 (36,281) 25,425 21,475
RECONCILIATION
OF FUNDS
Total funds brought
forward		 89,160 50,472 139,632 118,157
TOTAL FUNDS CARRIED FORWARD 150,866 14,191 165,057 139,632

Unrestricted Restricted 2020
Total		 2019
Total
FIXEDASSETS Notes funds
E		 funds
E		 funds
E		 funds
E
Tangible assets 3,956 3,956 1,207
CURRENT ASSETS
Stocks
Debtors
Cash at bank and		 in hand 202
3,901
145,000		 14,191 202
3,901
159,191		 202
23,604
122,842
149,103 14,191 163,294 146,648
CREDITORS
Amounts
falling due within one year		 10 (2,193) (2,193) (8,223)
NET CURRENT ASSETS 146,910 14,191 161,101 138,425
TOTAL ASSETS LESSCURRENT LIABILITIES 150,866 14,191 165,057 139,632
NET ASSETS
150,866 14,191 165,057 139,632
FUNDS 12
Unrestricted
funds
Restricted
funds		 150,866 89,160
14,191 50,472
TOTAL FUNDS
165,057 139,632

Unrestricted Restricted Total
funds funds funds
INCOME AND ENDOWMENTS FROM E f E
Donations and legacies 199,728 42,493 242,221
Other trading activities
167 167
Total
199,895 42,493 242,388
EXPENDITURE ON
Raising funds
Charitable activities 1,328 1,328
Charitable activities expenditure 207,585 12,000 219,585
Total
208,913 12,000 220,913
NET INCOME/(EXPENDITURE) (9,018) 30,493 21,475
Transfers between funds
8,524 (8,524)
Net movement in funds
(494) 21,969 21,475

STATEMENT OF FINANCIAL ACTIVI TIES -continued
Unrestricted Restricted Tota I
funds funds funds
RECONCILIATION OF FUNDS E E E
Total funds brought forward
89,654 28,503 118,157
TOTAL FUNDS CARRIED FORWARD 89,160 50,472 139,632
TANGIBLE FIXED ASSETS
COST Plant and
machinery
E		 Fixtures and
fittings
E		 Computer
equipment
E		 Totals
E
At 1September 2019
Additions
At 31August 2020		 2,486
600
3,086		 742
742		 2,205
3,468
5,673		 5,433
4,068
9,501
DEPRECIATION
At 1September 2019
Charge for year
At 31August 2020		 1,946
285
2,231		 583
40
623		 1,697
994
2,691		 4,226
1,319
5,545
NET BOOK VALUE
At 31August 2020 855 119 2,982 3,956
At 31August 2019
STOCKS		 540 159 508 1,207
2020 2019
Stocks E E
202 202
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
Other debtors f E
3,901 23,604

Bank loans and overdrafts
Trade creditors		 (see note 11) 2020
f
2,031		 2019
f
Accrued expenses 162 2,540
5,683
2,193 8,223
LOANS
An analysis ofthe maturity ofloans is given below;
2020 2019
Amounts
falling due within
Bank overdraft		 one year on demand: E E
2,031
MOVEMENT
IN FUNDS
Net Transfers
Unrestricted
funds		 At 1.9.19
f		 movement
in
funds
E		 between
funds
f		 At 31.8.20
E
General fund
Designated:
Growth
Fund
Designated:
Gift Day Fund
Designated: 6th Form Venue		 57,436
25,000
6,724		 32,476
15,101
(2,031)		 16,160 106,072
25,000
21,825
(2,031)
89,160 45,546 16,160 150,866
Restricted
funds
Venue Fund
Nursing
Fund
Ghana fund
Madrid
Fund		 16,160
4,746
28,551
1,015		 9,445
(28,551)
(1,015)		 (16,160) 14,191
50,472 (20,121) (16,160) 14,191
TOTALFUNDS 139,632 25,425 165,057

Incoming Resources Movement
in
Unrestricted funds resources
f		 expended
f		 funds
f
General fund
Designated:
Gift Day Fund
Designated:
6th Form Venue		 217,433
15,173		 (184,957)
(72)		 32,476
15,101
(2,031) (2,031)
232,606 (187,060) 45,546
Restricted funds
Eclipse Fund
Nursing
Fund		 147 (147)
Ghana fund
Madrid
Fund		 14,406
4,490
275		 (4,961)
(33,041)
(1290)		 9,445
(28,551)
(1,015)
19,318 (39,439) (20,121)
TOTAL FUNDS
251,924 (226,499) 25,425
Comparatives
for movement		 in funds
Net Transfers
movement
in		 between
At 1.9.18
f		 funds
f		 funds
E		 At 31.8.19
E
Unrestricted
Funds
G en era I fund
Designated:
Growth
Fund
Designated:
Gift Day Fund		 57,930
25,000
6,724		 (9,018) 40,248
(25,000)
(6,724)		 89,160
89,654 (9,018) 8,524 89,160
Restricted
Funds
Eclipse Fund
Venue Fund
Little Acorns Fund
Baby Basics Fund
Nursing
Fund
Ghana fund
Madrid
Fund		 787
25,577
449
1,220
350
120		 (245)
(2,731)
4,516
28,431		 (542)
(6,686)
(449)
(1,220)
(120)		 16,160
4,746
28,551
522 493 1,015
28,503 30,493 (8,524) 50,472
TOTAL FUNDS 118,157 21,475 139,632

Incoming Resources Movement
in
Unrestricted funds resources
E		 expended
f		 funds
E
General fund
Restricted funds 199,895 (208,913) (9,018)
Eclipse Fund
Nursing
Fund
Ghana fund
Madrid
Fund
Venue Fund		 8,005
5,535
28,431
522		 (8,250)
(1,019)		 (245)
4,516
28,431
522
(2,731) (2,731)
42,493 (12,000) 30,493
TOTAL FUNDS
242,388 (220,913) 21,475
A current year 12months and prior year 12 months combined position
is as follows:
Net Transfers
Unrestricted
funds		 At 1.9.18
E		 movement
in
funds
E		 between
funds
f		 At 31.8.20
f
General fund
Designated:
Growth
Fund
Designated:
Gift Day Fund
Designated:
6th Form Venue
Restricted funds		 57,930
25,000
6,724		 23,458
15,101
(2,031)		 56,408
(25,000)
(6,724)		 137,796
15,101
(2,031)
Eclipse Fund
Venue Fund
Little Acorns Fund
Baby Basics Fund
Nursing
Fund
Ghana fund
Madrid
Fund		 787
25,577
449
1,220
350
120		 (245)
(2,731)
13,961
(120)		 (542)
(22,846)
(449)
(1,220)
(120)		 14,191
(493) 493
28,503 10,372 (24,684) 14,191
TOTAL FUNDS 118,157 46,900 165,057

Incoming Resources Movement
in
resources expended funds
Unrestricted funds E E E
General fund
Designated:
Designated:		 Gift Day Fund
6th Form Venue		 417,328
15,173		 (393,870)
(72)		 23,458
15,101
(2,031) (2,031)
432,501 (395,973) 36,528
Restricted funds
Eclipse Fund
Nursing
Fund
Ghana fund
Ivladrid
Fund
Venue Fund		 8,152
19,941
32,921
797		 (8397)
(5,980)
(33,041)
(1,290)		 (245)
13,961
(120)
(493)
(2,731) (2,731)
61,811 (51,439) 10,372
TOTAL FUNDS
494,312 (447,412) 46,900

2020
f		 2019
f
INCOME AND ENDOWMENTS
Donations
and legacies
General
Giving
Gift Aid Tax Recovered
Eclipse Giving
Nursing
Fund
Ghana Income
Madrid income		 195,907
43,249
25
7,450
4,050		 159,026
38,898
8,004
4,755
31,538
220
Other trading activities 250,901 242,221
Books, CD's and Resources
Investment
income		 59 167
Deposit account interest
964
Total incoming resources
251,924 242,388
EXPENDITURE
Other trading activities
Reference Books & CD's
Charitable
activities		 859 1,328
Gift Day Expenditure
Giving Madrid 458
Giving Mission
Giving Commission		 52,256 2,522
Giving Ghana
Eclipse Expenditure
Junior Church
Mercy Fund
Event Expenses		 892 8,625
6,600
8,250
1,060
380
Catering &Refreshments 3,331 149
Salaries
Conferences,
Courses &Training		 1,583
128,860		 5,598
125,418
Travel Costs
Office Rent
Telephone
Print, Post &Stationery		 1,048
4,044
6,000
1,220		 1,336
4,825
6,000
998
Heat & Light
Computer
Expenses		 1,021
1,176		 1,133
913
Insurance 2,010 1,856
Entertaining
&Sundry
Expenses		 1,106 1,118
Repairs, Cleaning
& Maintenance
Carried forward		 3,101
162		 2,884
1,359
207,810 181,482
Charitable
activities
Brought forward		 2020
f		 2019
f
Advertising
gr Publicity
Venue Costs
Professional
Fees
Bank Charges
Depreciation		 207,810
1,603
12,310
2,903
(305)		 181,482
2,465
22,520
12,325
391
1,319 402
Total resources expended 225,640 219,585
226,499 220,913
Net income
25,425 21,475