2020-08-31-accounts

	~Pa e
CHARITY INFORMATION
TRUSTEES' ANNUAL REPORT	2-10
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES	12
BALANCE SHEET	13
NOTES TO THE ACCOUNTS	14-15

Charity Registration	No:	1144134
		Regulated	by declaration		oftrust dated 27th September 2011.
Principal Address:		Wisdom House
		92 Preston	New Road
		Blackburn
		Lancashire
		BB26BH
Trustees:		Dr Khalid Master		(Chairman)
		Dr Usman	Master	(Treasurer)
		Mr Shaukat Desai (Secretary)
Accountants		AMS Accountants		SBU	Ltd
		455 Whalley New		Road
		Blackburn
		Lancashire
		BB19SP
Bankers		HSBC Bank Pic
		60 Church	Street
		Blackburn
		Lancashire
		BB15AS

FOR THE YEAR	E	NDED 31	AUGUS	T 20	20
					Unrestricted	Restricted	Total	Total
					funds	funds	2020	2019
					6	f	8	8
Income and endowments		from
Fees					241,675	6,349	248,024	263,278
Donations and legacies					80,286		80,286	64,372
Sundry Income					7,150		7,150	10,360
Gift Aid					11,388		11,388	12,726
~dd d					340,499	6,349	346,848	350,736
Charitable expenditure
Teaching, wages and Nl					158,852		158,852	144,916
Teaching subcontractor	costs				41,893		41,893	36,874
Student welfare cost					30,399		30,399	27,731
Telephone and internet					7,398		7,398	6,630
School books, stationery		and printing			18,948	187	19,135	17,463
Heat and light					10,405		10,405	11,417
Rent					31,000	1,150	32,150	32,917
Rates and water					6,446	418	6,864	2,762
Cleaning					6,901		6,901	10,179
Repairs and maintenance					8,238		8,238	9,747
Equipment expensed					4,561	164	4,725	11,260
Insurance					4,255		4,255	4,307
Donations								1,330
Accountancy fees					1,806		1,806	1,931
Professional/event fees					280		280	483
Consultancy fees
Bank charges					89	42	131	445
Nursery Expenses								2,815
Sundry expenses								750
Event Costs						285	285	7,178
Depreciation					976		976	6,047
(Profit)/Loss on disposal		offixed assets
					332,447	2,246	334,693	337,182
Resources expended	on charitable		activities		332,447	2,246	334,693	337,182
Net incoming/(outgoing)		resources			8,052	4,103	12,155	13,554
There were no other realised or unrealised				gains or losses.
Funds
Total funds brought forward					47,740	81,389	129,129	115,576
Transfers between funds					6,646	(6,646)
Net incoming/(outgoing)		resources for	the year		8,052	4,103	12,155	13,554
Total funds carried forward					62,438	78,846	141,284	129,130

AS AT 31A	UGU	ST 2020
			Notes		2020		2019
							L
Tangible fixed assets					70,001		70,978
Current assets
Debtors				41,380		39,990
Cash at bank	and	in hand		21,897		7,612
Cash at bank	designated			8,845		11,389
				72,122		58,991
Current liabilities
Trade creditors and accruals				(840		840)
				(840)		(840)
Net current	assets				71,282		58,151
Net assets					141,283		129,129
Funded by
Restricted funds					70,000		70,000
Designated funds					8,845		11,389
Unrestricted	funds				62,438		47,740
Accumulated	fund carried forward				141,283		129,129

			Land and			~Ei t
			~Bldg	M t	V	~dfit8	Total
	Cost
	At 1 September 2019		70,000			42,351	112,351
	Additions
	Disposals
	At 31 August	2020	70,000			42,351	112,351
	Depreciation
	At 1 September 2019					41,373	41,373
	Charge for the year					976	976
	Depreciation	on disposal
	At 31 August	2020				42,349	42,349
	Net book value
	At 31 August	2020	70,000			2	70,001
	At 31 August	2019	70,000			978	70,978
4	Analysis of	fund assets and liabilities
				Restricted		Unrestricted
					funds	funds	Total
						f:
	Tangible fixed assets			70,000		1	70,001
	Current assets				8,845	63,277	72,122
	Current liabilities					(840)	(840)
					78,845	62,438	141,283