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|Legal and Adminhrtrathfe|Information||
|---|---|---|
|Trustees' Report|||
|Independent
Rcaminer'I|Report||
|Statement
of Rnandal|Activities||
|Balance Sheet||10|
|Notes to the Accounts||12|
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|||||Notes|Unrestrkted|Restricted|51 duty|51 )uly|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2023|2022|
||||||||TOTAL|TOTAL|
||||||||R|R|
|INCOME AND ENDOWMENT|||FROM:||||||
|Donations and legacies|||||||||
|Donation|||||6,341||6,341|12,020|
|Others trading
activities|||||||||
|Fundralslng|||||9,656||9,656|10,941|
|Income from Investment|||||||||
|Bank interest received|||||3,605||3,605|13|
|Income from charitable|activities||||||||
|Teaching income|||||480,154||450,154|422,081|
|Administration
fee|||||||||
|Events|||||14,414||14,414|12,491|
|Other Income|||||3,004||3,004|377|
|TOTAL INCOME AND ENDOWMENTS|||||517,174||517,174|457,923|
|EXPENDITURE ON:|||||||||
|Expenditure
on Raising|funds||||5,200||5,200|2,253|
|Expenditure
on charltoble||activities||2|457,267||407,267|443,750|
|TOTAL EXPENDITURE|||||492,467||492,417|446,003|
|NET RESULT BEFORETRANSFERS|||||24,707||24,707|11,920|
|Transfers|||||||||
|NET MOVEMENT
IN FUNDS FOR THE|||||24,707||24,707|11,920|
|PERIOD|||||||||
|Total funds brought
forward|||||166,490||166,490|154,570|
|TOTAL FUNDS CARRIED|FORWARD|||8|||||
|AT 31 )ULY 2023|||||191,197||191,197|166,490|
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|||||Notes||31 7uly 2023||31 7uty 2022|
|---|---|---|---|---|---|---|---|---|
|RXEO ASSETS|||||||||
|Tangible fixed assets||||||21,496||12,497|
|CURRENT|ASSETS||||||||
|Debtors|||||16,497||16,009||
|Cash at bank and||in|hand||304,917||329,634||
||||||401,414||||
|CREDITORS:|Amounts||falling due within||||||
|one period||||6|(231,713)||(191,550)||
|NET CURRENT ASSEIS||||||169,701||153,993|
|NET ASSETS||||||191,197||190,090|
|FUNDS|||||||||
|Unrestrioted|funds||||||||
|General
fund||||||173,000||144,000|
|Designated|funds|||||18,197||22,490|
|||||||191.197||100,990|
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||Unrestricted|Restricted|31 ZULY|31 )ULY|
|---|---|---|---|---|
||Funds|Funds|2023|2022|
||||TOTAL|TOTAL|
||||S|S|
|Charitable
ACIIVmSS|||||
|Teaching fees|252,845||252,845|237,508|
|Events|19,941||19,941|15,399|
|Teaching books|1,04S||1,048|2,107|
|Scholarships
granted|11,795||11,795|12,415|
|Saturday
Expenses|4,186||4,186||
|Support costs|||||
|Rent of premises|60,059||60,059|58,730|
|Management
team|105,491||105,491|99,620|
|Communication
costs|1,008||1,008|1,891|
|Development|695||695|960|
|instrumental
expellses|4,860||4,860|125|
|Web costs|5,521||5,521|4,511|
|Telephone|227||227|179|
|Depreciation
expenses|4,119||4,119|3,643|
|Bad debts|||||
|Staff entertainment
Governance|365||365|151|
|Insurance|986||986|1,110|
|Office expenses|2,250||2,250|1,057|
|Miscellaneous
expenses|132||132|2,543|
||11,739||11,739|2,021|
||4l7,267||481,267|445,750|
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||Furniture
8|Instruments|Total|
|---|---|---|---|
||Fittings|||
||E|||
|COST||||
|At 31 )uly 2022|4,645|19,711|24,354|
|Additions|860|12,258|13,118|
|At 31 luly 2023|S,M3|31,969|37,472|
|DEPBECIATION||||
|At 31 duty 2022||8,311|11,857|
|Charge for period||5,514|4,119|
|At 31 7uty 2023|4,151|11,825|15,596|
|NET BOOK VALUE||||
|At 31 3uty 2023|1,352|20,144|21,496|
|At 51 )uly 2022|1,097|11,400|12,497|
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|||2023|2022|
|---|---|---|---|
|||E|E|
|Debtors||9,990|15,086|
|Prepayments||2,986|2,925|
|Accrued income||2,754||
|Inventory||767||
|||14,497|16,009|
|CREDITORS - AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||2025|2022|
|||E|E|
|Deposns||32,750|32~|
|Deferred revenue - See below||193,166|154,835|
|Other creditors||5,197|4,415|
|||231,713|191,3M|
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|Movement|In|funds|Cunenl period:|||||
|---|---|---|---|---|---|---|---|
|||||||Transfws||
||||Brought|Income||between|Carried|
||||torward|||funds|Forward|
||||8|||E|8|
|Unfestrlcled||funds||||||
|General|funds||144,000|517,174|(492,467)|4,293|173,000|
|Designated||funds|22,490|||(4,293)|18,197|
|Total Funds|||166,490|517,174|(492,467)||191,191|
|Movement|In|funds|Prevtous perlodt|||||
|||||||Translers||
||||Brought|Income||between||
||||forward|||funds||
||||E|||E||
|Un estrtcted||funds||||||
|General|funds||132,305|457,923|(446,003)|-223|144,000|
|Designated||funds|22,267|||223|22,490|
|Total Funds|||154,570|457,923|(446,003)||166,490|
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|||General|Designated|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2023|2025|2025|2022|
|||5|8|8|8|
|Total|assels|404,713|18,197|422,910|3M,040|
|Total|llab8itles|(231,715)||(231,713)|(191,550)|
|||173,000|18,197|191,197|166,490|
|||General|Designated|Total|Total|
|||funds|funds|funds|funds|
|||2022
8|2022f|2022
8|2021
8|
|Total|assets|335,550|22,490|5M,040|344,797|
|Total|liabSltles|(191,550)||(191,550)|(190,226)|
|||144,000|22,545|166,490|154,570|
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|9.
tatement ofCash flows||||||||
|---|---|---|---|---|---|---|---|
||||||Notes||2021-n|
||||||||5|
|Cash llows hom operagng
tclvftfeL.||||||||
|Net cash pnonbbd hy (eesd AsJcpevasfoA7 oeaMim|||||Table a)|68,401|35,128|
|Cash gown horn invesgng activfles:||||||||
|Dividends,
interest ond rents from inveslments||||||||
|Proceeds from the sale of property,
plant ond||equipment||||||
|Purchase of property,
plant and equipment||||||(13,118)|(5,983)|
|Proceeds from sale of investments||||||||
|Purchase of investments||||||||
|Net cash proufded byfused As/ htvesthrf7 ocshhAm||||||(13,118)|(5,985)|
|Cash gown from gnandng
actfvfgem||||||||
|Repayments
of borrowing||||||||
|Cash inflows from new borrowing||||||||
|Receipt of endowment||||||||
|Net cash provtded hy (used inf ttnonctntt||ttvtttes||||||
|||||||55,285|27,143|
|Cash and cash equivalents
at the beginning||ofthe|repordng|||||
|period|||||Table b)|329,635|302,491|
|Change in cash and cash equivalents|due to exchange|||rate||||
|mcwements
SAFARI||||||0|0|
|cosh ond cash eqeArsrAseÂğ ot Ahe eedotAhe noportfh37||||penbor|Table b)|384,918|329,635|
|Table a) Recondllauon
of net result to net|cosh flaw from||operating||tctlvNes|||
||||20n-23|||||
|Net resett ibr the~pedod (oeper||||||||
||||24,707||11,920|||
|Ad)usnents
for.||||||||
|Depreciation
charges|||4,119|||||
|(Gains)/losses
on investments||||||||
|Dividends,
interest and rents from investments||||||||
|loss/(profit)
on the sale of fixed assets||||||||
|(Increase)/decrease
in stocks|||||0|||
|(Increase)/decrease
in debtors
Increase/(decrease)
in creditors
Net cash provtded by(used hi)~|||39,677
664||25,937
4I,372|||
||||68,401||33,128|||
|able b) Analysb ofcash and|cash rwiulvalents|||
|---|---|---|---|
|||Cerrent||
|||year|Prior year|
|||2|2|
|Cash in hand||384,918|329,635|
|Notice deposits (less than 3 months)||||
|Overdraft
facility repayable|on demand|||
|Total cash and cash equivalents||388,918|329,635|