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|Reference and Administrative|Reference and Administrative|Details.||
|---|---|---|---|
|Report ofthe Trustees||||
|Independent
Examiner's|Report.....|||
|Statement of Financial Activities.||||
|8alance Sheet..|||.10|
|Statement ofCash Flows.||||
|Notes to the Accounts.|||12-23|
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|||Note|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||2020-21|2020-21|2020-21|2020|
||||12months|12months|12months|3months|
||||f|f|f|f|
|Income|||||||
|Donations
8 legacies|||403,012|422,907|825,919|239,301|
|Charitable
activities||||43,915|43,915||
|Investment
income||||425|425|253|
|Trading
income||||13,445|13,445||
|Other income||||2,457|2,457|14,768|
|Tota I Income|||403,012|483,149|886,161|254,322|
|Expenditure|||||||
|Raising funds||||102,193|102,193|25,808|
|Charitable
activities|||457,793|143,358|601,151|118,330|
|Total Expenditure|||457,793|245,551|703,344|144,138|
|Net Income/(Expense)|||(54,781)|237,598|182,817|110,184|
|Transfers Between Funds|||66||||
|Net Movement
Between|Funds||(54,715)|237,532|182,817|110,184|
|Total Funds Brought Forward|||251,176|286,454|537,630|427,446|
|Total Funds Carried Forward|||196,461|523,986|720,447|537,630|
|The Literacy Pirates|Limited|Limited||||||
|---|---|---|---|---|---|---|---|
|Balance Sheet||||||||
|As at 31stAugust 2021|||||Company|Registration|Number: 7790039|
||||Note||2020-21||2020|
||||||f||f|
|Fixed Assets||||||||
|Tangi bi e Fixed Assets|||||19,652||21,871|
||||||19,652||21,871|
|Current
Assets||||||||
|Debtors|||||29,312||78,776|
|Cash at bank and in|hand||||747,443||513,092|
||||||776,755||591,868|
|Liabilities||||||||
|Creditors: amounts|falling|||||||
|due within one year||||12|(75,960)||(76,109)|
|Net Current Assets|||||700,795||515,759|
|Total Assets less Current||Liabilities|||720,447||537,630|
|The Funds ofthe Charity||||||||
|Restricted funds||||15|196,461||251,176|
|Designated
funds||||16|19,652||21,871|
|Unrestricted
funds||||16|504,334||264,583|
|Total Charity
Funds|||||720,447||537,630|
|||||Note|2020-21|2020-21||2020|
|---|---|---|---|---|---|---|---|---|
||||||22|months||3months|
|||||||f||f|
|Cash flows from operating|activities||||||||
|Net cash flow from operating||activities||||242,045||211,765|
|Cash flows from investing|activities:||||||||
|Purchase
of tangible
fixed|assets|||||(8,119)|||
|Interest income||||||425||253|
|Net cash flow from investing||activities:||||(7,694)||253|
|Net increase/(decrease)
in|cash and||cash||||||
|equivalents
in the period||||||234,351||212,018|
|Net cash and cash equivalents||at the|start|ofthe period||513,092||301,074|
|Net cash and cash equivalents||at the|end ofthe period|||747,443||513,092|
|Cash and cash equivalents|are made||up of|cash held at the bank,||in hand, and in deposit accounts||only.|
|These comprised
of:|||||||||
||||||2020-21|||2020|
||||||22 months||3months||
|||||||f||f|
|Cash in hand||||||196||395|
|Cash at bank||||||662,247||427,697|
|Cash on short term deposit||||||85,000||85,000|
|||||||747,443||513,092|
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||||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Funds|
||||||2020-21|2020-21|2020-21|2020|
||||||12months|12months|12months|3months|
||||||f|f|f|f|
|Axis Foundation|||||5,000||5,000||
|Bain Capital
Children's|Fund Europe||||75,000||75,000||
|Bernard
Sunl ey Foundation||||||||5,000|
|Clarion Futures|||||5,000||5,000|2,000|
|Constable
Education Trust|||||5Q,OOO||50,000||
|CPF Trust||||||1,000|1,000||
|David Tebbutt Trust||||||3,000|3,000||
|Derwent
London|||||5,000||5,000|5,000|
|Fidelity
UK Foundation|||||20,000||20,QOO||
|Gosling
Foundation|||||25,000||25,000||
|Hargreaves
Foundation|||||30,000||30,000||
|Jack Petchey Foundation||Company|||11,845||11,846|4,648|
|King's College London|||||3,010||3,010||
|Leathersellers'
Company||Charitable||Fund|15,000||15,000||
|London Community
Response|||Fund||15,000||15,000|31,123|
|Masonic Charitable
Foundation||||||5,000|5,000||
|Mayor's
Young Londoners||Fund|||38,762||38,762|11,630|
|Monday
Cha rita ble Trust||||||20,000|20,000||
|Pears Foundation||||||15,000|15,000||
|Swire Charitable
Trust||||||25,000|25,000|25,000|
|The 29th May 1961Charitable|||Trust|||4,000|4,000||
|The Charity of Sir Richard
(The Mercers'
Company)||Whittington|||55,000||55,000||
|The Fore (The Bulldog Trust)||||||||5,000|
|The Goldsmiths
Company||||||20,000|20,000||
|The Haberdashers'
Company|||||2,000||2,000||
|The National
Lottery|||||10,000||10,000|50,000|
|The Pantheon
Charitable||Trust||||10,000|10,000||
|The Sir Trevor Chinn Charitable|||Trust|||1,000|1,000||
|Together we Can|||||4,600||4,600||
|UBS|||||2,000||2,000||
|West Hackney
Parochial||Charity|||15,000||15,000||
|Other Trusts 5 Foundations|||||10,200|74,500|84,700||
|Individual
donations|||||5,595|201,477|207,072|97,294|
|Corporate
donations||||||42,929|42,929|2,606|
||||||403,012|422,907|825,919|239,301|
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|3) Incom|e from Charitable
A|ctivities||||
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||2020-21|2020-21|2020-21|2020|
|||12months|12months|12months|3months|
|||f|f,|f|f|
|Referral|Partners||43,915|43,915||
|Total|||43,915|43,915||
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|4) Other In|come||||||
|---|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||2020-21|2020-21|2020-21|2020|
||||12months|12months|12months|3months|
|||||f.|f|f|
|Coronavirus|iob Retention|Grants||2,457|2,457|13,555|
|Property Sub-let and service charges||||13,445|13,445|1,213|
|Total||||15,902|15,902|14,768|
|5) Ex|penditure
o|n Raising Funds|||
|---|---|---|---|---|
||||2020-21|2020|
||||12months|3months|
||||f|f|
|Staff|costs||97,095|25,418|
|Other|fundraising|costs|5,098|390|
||||102,193|25,&08|
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||||2020-21|2020|
|---|---|---|---|---|
||||12months|3months|
||||f|f|
|Staff costs|||423,372|83,067|
|Education|materials|and activities|26,093|4,407|
|Volunteer costs|||2,605|22|
|Fantastical|space costs||81,307|12,173|
|Depreciation|||10,338|2,196|
|Other costs|||31,609|11,558|
|Support costs (see||note 7)|24,482|4,407|
|Governance|costs (see note 7)||1,345|500|
||||601,151|118,330|
||||2020-21||2020|
|---|---|---|---|---|---|
||||12months||3months|
||||f||f|
|Support costs:||||||
|IT and telephone|costs||19,653||2,805|
|Office supplies|||3,874||1,351|
|Other costs|||955||251|
|Total support costs:|||24,482||4,407|
|Recharged to charitable||activities (see note 6)|24,482|-|4,407|
|Governance
costs:||||||
|Independent
Examiners'||fees|1,295||500|
|Trustee meeting|and expenses costs||50|||
|Total governance|costs:||1,345||500|
|Recharged to charitable||activities (see note 6)|1,345||500|
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|9)Staff Costs|||
|---|---|---|
||2020-21|2020|
||1Z months|3months|
||f|f|
|Wages and salaries|473,807|99,139|
|Social security costs|38,841|7,851|
|Pension costs|7,818|1,494|
||520,466|108,484|
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||2020|2020|
|---|---|---|
||12months|3months|
||f|f|
|Wages and salaries|135,211|40,320|
|Social security costs|14,539|4,040|
|Pension costs|2,214|716|
||151,964|45,076|
##
||||Leasehold|Computer||
|---|---|---|---|---|---|
||||Improvements|Equipment|Total|
||||E|E|E|
|Cost or valuation:||||||
|At the start ofthe financial||period|25,411|11,094|36,505|
|Additions
in the financial|period|||8,119|8,119|
|At the end ofthe financial||period|25,411|19,213|44,624|
|Depreciation:||||||
|At the start ofthe financial||period|8,470|6,164|14,634|
|Charge for the financial|period||5082|5,256|10338|
|At the end ofthe financial||period|13,552|11,420|24,972|
|Net book value:||||||
|At the end ofthe financial||period|11859|7,793|19,652|
|At the start ofthe financial||period|16,941|4930|21,871|
|11)Debtors||||||
|||||2020-21|2020|
|||||E|E|
|Trade debtors||||12,913|9,371|
|Prepayments||||10,063|13,035|
|Accrued Income||||54|50,000|
|Other debtors||||6,282|6,370|
|||||29,312|78,776|
|12)Creditors||||||
|||||2020-21|2020|
|||||E|E|
|Trade creditors||||10,277|16,921|
|Taxation and social security|||||8,801|
|Accruals||||4,640|6,609|
|Other creditors||||3,656|3,453|
|Deferred income (see note||12)||57,387|40,325|
|||||75,960|76,109|
||||||2020-21|2020|
|---|---|---|---|---|---|---|
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|Deferred|income brought forward||||40,325|8,524|
|Amount|released to income|from Charitable|Activities||39,204|8,524|
|Amount|of income deferred|during the financial||period|56,266|40,325|
|Deferred|income held at the|end ofthe financial||period|57,387|40,325|
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|||Restricted|Designated|Unrestricted|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2020-21|2020-21|2020-21|2020-21|
|||f|f|f|f|
|Tangi bi e Fixed Assets|||19,652||19,652|
|Cash at bank and in hand||196,461||550,982|747,443|
|Debtors||||29,312|29,312|
|Less: current liabilities||||75,960|75,960|
|||196,461|19,652|504,334|720,447|
|||Restricted|Designated|Unrestricted|Total|
|||Funds|Funds|Funds|Funds|
|||2020|2020|2020|2020|
|||f|f|f|f|
|Tangible|Fixed Assets||21,871||21,871|
|Cash at|bank and in hand|251,176||261,916|513,092|
|Debtors||||78,776|78,776|
|Less: current liabilities||||(76,109)|(76,109)|
|||251,176|21,871|264,583|537,630|
##
||||As at|||||As at|
|---|---|---|---|---|---|---|---|---|
||||1stSept 2020|Income|Expenditure||Transfers|31stAug 2021|
||||2020-21|2020-21|2020-21||2020-21|2020-21|
|||||12months|12months||12months||
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|Designated|Funds:||||||||
|- Fixed asset fund|||21,871||10,338||8,119|19,652|
|Total Designated||funds|21871||10,338||8,119|19,652|
|Unrestricted|Funds||264,583|483,149|235,213|-|8,185|504,334|
|Total Unrestricted||Fund|286,454|483,149|245,551||66|523,986|
||||As at|||||As at|
||||1stJune 2020|Income|Expenditure||Transfers|31st Aug 2020|
||||2020|2020|2020||2020|2020|
|||||3months|3months||3months||
||||f|f|f||f||
|Designated|Funds:||||||||
|—Fixed asset fund|||24,067||2,196|||21,871|
|Total Designated||funds|24,067||2,196|||21,871|
|Unrestricted|Funds||188,390|131,366|54,983||190|264,583|
|Total Unrestricted||Fund|212,457|131,366|57,179||190|286,454|
||||2020-21|2020|
|---|---|---|---|---|
||||22 months|3months|
|||||f|
|Net movement
in funds:|||182,817|110,184|
|Add: Depreciation|||10,338|2,196|
|Deduct: Investment|income||(425)|(253)|
|Decrease/(increase)|in debtors||49,464|52,416|
|Increase/(decrease)|in creditors||(149)|47,222|
|Net cash flow from|operating|activities|242,045|211,765|
##
|||||2020-21|2020|
|---|---|---|---|---|---|
|||||f|f|
|Due|in|one|year|33,562|35,182|
|Due|in|2-5|years||21,270|
|||||33,562|56,452|
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