| Pages | ||
|---|---|---|
| Trustees' Annual Report |
||
| Statement of Financial Activities | ||
| Summary Income and Expenditure |
Account | |
| Balance Sheet | ||
| Notes to the Accounts | ||
| Detailed Statement of Financial Activities | 6to9 |
| for the year | ended 31August | 2021 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2021 | 2021 | 2020 | |||
| Notes | E | E | E | ||
| Income and | endowments | ||||
| from: | |||||
| Charitable | activities | 24,616 | 24,616 | 12,535 | |
| Other | 12,185 | 12,185 | 6,430 | ||
| Total | 36,801 | 36,801 | 18,965 | ||
| Expenditure | on: | ||||
| Charitable | activities | 2,246 | 2,246 | 2,264 | |
| Other | 53,694 | 53,694 | 24,101 | ||
| Total | 55,940 | 55,940 | 26,365 | ||
| Net gains on | investments | ||||
| Net expenditure | (19,139) | (19,139) | (7,400) | ||
| Transfers between funds |
|||||
| Net expenditure before other gains/(losses) |
(19,139) | (19,139) | (7,400) | ||
| Other gains | and losses | ||||
| Net movement in funds |
(19,139) | (19,139) | (7,400) | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward | (36,628) | (36,628) | (29,228) | ||
| Total funds carried forward | (55,767) | (55,767) | (36,628) |
| 2021 | 2020 | ||
|---|---|---|---|
| E | E | ||
| Income | 36,801 | 18,965 | |
| Gross income for the year | 36,801 | 18,965 | |
| Expenditure | 54,897 | 25,275 | |
| Interest payable | 62 | ||
| Depreciation and |
charges for | ||
| impairment offixed assets |
981 | 1,090 | |
| Total expenditure | forthe year | 55,940 | 26,365 |
| Net expenditure | before tax for the year | (19,139) | (7,400) |
| Net expenditure | forthe year | (19,139) | (7,400) |
| Ella Kanthan Trust | ||||
|---|---|---|---|---|
| Balance Sheet | ||||
| at 31August 2021 | ||||
| Company No. 07729789 |
Notes | 2021 f |
2020 6 |
|
| Fixed assets | ||||
| Tangible assets | 10 | 8,825 | 9,806 | |
| 8,825 | 9,806 | |||
| Current assets | ||||
| Cash at bank and in hand | 5,259 | 14,762 | ||
| 5,259 | 14,762 | |||
| Creditors: Amount | falling due within one year | 11 | (55,322) | (46,196) |
| Net current liabilities | (50,063) | (31,434) | ||
| Tote Iassets less current liabilities |
(41,238) | (21,628) | ||
| Creditors: Amounts | falling due after more than one year | 12 | {14,529) | (15,000) |
| Net liabilities excluding pension asset or liability |
(55,767) | (36,628) | ||
| Total net liabilities | (55,767) | (36,628) | ||
| The funds ofthe charity | ||||
| Restdcted funds | 13 | |||
| Unrestdcted funds |
13 | |||
| General funds | (55,767) | (36,628) | ||
| (55,767) | (36,628) | |||
| Reserves | 13 | |||
| Totalfunds | (55,767) | (36,628) |
| last year and no cha | last year and no cha | nges have been made to accounts for previous years. |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund accounting | ||||||||||
| Unrestricted | funds | These are available for use at the discretion ofthe trustees in furtherance |
ofthe | |||||||
| general objects ofthe charity. | ||||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | ||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement ofinvestment assets at their market values. |
||||||||||
| Restricted funds |
These are available for use subject to restrictions imposed |
by the donor | or | through | ||||||
| terms ofan appeal. | ||||||||||
| Income | ||||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the amount of | ||||||||
| the income can be measured with sufficient reliability. |
||||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | ||||||
| expenditure | reported gross in the SoFA. |
|||||||||
| Donations and |
Voluntary income received by way ofgrants, donations |
and gifts is included | in | the | ||||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||||
| entitlement to the income. |
||||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the |
same time as the | |||||||
| donations and gifts |
gift/donation to which it relates, |
|||||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||
| material. | ||||||||||
| Volunteer help |
The value ofany volunteer help received is not included |
in | the accounts. | |||||||
| Investment income |
This is included in the accounts when receivable. |
|||||||||
| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation offixed |
at the end ofthe year. | |||||||||
| assets | ||||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale ofinvestments. |
||||||||
| investment assets |
| es to the Ac | es to the Ac | counts | ||||
|---|---|---|---|---|---|---|
| Expenditure | ||||||
| Recognition | of | Expenditure is recognised on an accruals basis. Expenditure includes |
any VAT which | |||
| expenditure | cannot be fully recovered, and is reported |
as part ofthe expenditure | to which it | |||
| relates. | ||||||
| Expenditure | on | These comprise the costs associated with |
attracting voluntary |
income, fundraising | ||
| raising funds | trading costs and investment management |
costs. | ||||
| Expenditure | on | These comprise the costs incurred by the |
Charity in the delivery ofits |
activities and | ||
| charitable | activities | services in the furtherance ofits objects, including the making |
ofgrants and | |||
| governance costs. |
||||||
| Grants payable | All grant expenditure is accounted for on |
an actual paid basis | plus an | accrual for | ||
| grants that have been approved by the trustees at the end of |
the year but not yet | |||||
| paid. | ||||||
| Governance | costs | These include those costs associated with |
meeting the constitutional | and statutory | ||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
|||||
| costs linked to the strategic management | ofthe Charity, together with a share of | |||||
| other administration costs. |
||||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 3 Statemen |
t | of | Financial | Activities - prior year | ||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | |||||
| 2020 | 2020 | |||||
| Income and endowments | from: | |||||
| Charitable | activities | 12,535 | 12,535 | |||
| Other | 6,430 | 6,430 | ||||
| Total | 18,965 | 18,965 | ||||
| Expenditure | on: | |||||
| Charitable | activities | 2,264 | 2,264 | |||
| Other | 24,101 | 24,101 | ||||
| Total | 26,365 | 26,365 | ||||
| Net income | (7,400) | (7,400) | ||||
| Net income before | other | |||||
| gains/(losses) | (7,400) | (7,400) | ||||
| Other gains and losses: | ||||||
| Net movement | in funds | (7,400) | (7,400) | |||
| Reconciliation | offunds: | |||||
| Total funds brought | forward | (29,228) | (29,228) | |||
| Total funds carried | forward | (36,628) | (36,628) |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Charitable | Activities | 24,616 | 24,616 | 12,535 | |
| 24,616 | 24,616 | 12,535 | |||
| 5 | Other income | ||||
| Unrestricted | Total | Total | |||
| 2021 | 2020 | ||||
| Other Income | 12,185 | 12,185 | 6,430 | ||
| 12,185 | 12,185 | 6,430 |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Expenditure | on | charitable | ||||||
| activities | ||||||||
| Charitable | Activities | 2,246 | 2,246 | 2,264 | ||||
| Governance | costs | |||||||
| 2,246 | 2,246 | 2,264 | ||||||
| 7 | Other expenditure | |||||||
| Unrestricted | Total | Total | ||||||
| 2021 | 2020 | |||||||
| Bank loan and overdraft | ||||||||
| 62 | ||||||||
| interest payable | ||||||||
| Employee costs | 6,847 | 6,847 | 4,640 | |||||
| Premises costs | 37,211 | 37,211 | 14,148 | |||||
| Amortisation, | depreciation, | |||||||
| impairment, | profit/loss | on | 981 | 981 | 1,090 | |||
| disposal of | fixed | assets | ||||||
| General administrative | costs | 4,787 | 4,787 | 1,123 | ||||
| Legal and professional | costs | 3,806 | 3,806 | 3,100 | ||||
| 53,694 | 53,694 | 24,101 | ||||||
| 8 | Net expenditure | before transfers | ||||||
| 2021 | 2020 | |||||||
| This is stated | after charging: | |||||||
| Depreciation | of | owned | fixed assets | 981 | 1,090 | |||
| 9 | Staff costs | |||||||
| 2021 | 2020 | |||||||
| Salaries and | wages | 6,847 | 4,640 | |||||
| 6,847 | 4,640 |
| Ella Kanthan Trust Notes to the Accounts |
Ella Kanthan Trust Notes to the Accounts |
Ella Kanthan Trust Notes to the Accounts |
Ella Kanthan Trust Notes to the Accounts |
|||||
|---|---|---|---|---|---|---|---|---|
| 10 Tangible fixed assets | ||||||||
| Plant and | ||||||||
| TFA | 3 | TFA 4 | Total | |||||
| Machinery | ||||||||
| Cost or revaluation | ||||||||
| At 1September | 2020 | 25,312 | 25,312 | |||||
| At 31August | 2021 | 25,312 | 25,312 | |||||
| Depreciation | and | |||||||
| impairment | ||||||||
| At 1September | 2020 | 15,506 | 15,506 | |||||
| Depreciation | charge for the | 981 | 981 | |||||
| year | ||||||||
| At 31August | 2021 | 16,487 | 16,487 | |||||
| Net book values | ||||||||
| At 31August | 2021 | 8,825 | 8,825 | |||||
| At 31August | 2020 | 9,806 | 9,806 | |||||
| 11 Creditors: | ||||||||
| amounts falling |
due within one year | |||||||
| 2021 | 2020 | |||||||
| f | E | |||||||
| Other taxes | and | social security | 3 | 57 | ||||
| Ioans from trustees | 43,538 | 38,192 | ||||||
| Other creditors | 10,541 | 6,787 | ||||||
| Accruals | 1,240 | 1,160 | ||||||
| 55,322 | 46,196 | |||||||
| 12 Creditors: | ||||||||
| amounts falling |
due after more than one year | |||||||
| 2021 | 2020 | |||||||
| E | f | |||||||
| Bank loans and overdrafts | 14,529 | 15,000 | ||||||
| 14,529 | 15,000 | |||||||
| 13 Movement in |
funds | |||||||
| Incoming | ||||||||
| resources | At 31 | |||||||
| At 1 September |
(including other gains/losses |
Resources expended |
August 2021 |
|||||
| 2020 | ) | |||||||
| F. | ||||||||
| Restricted funds: | ||||||||
| Unrestricted | funds: | |||||||
| General funds | (36,628) | 36,801 | (55,940) | (55,767) | ||||
| Totalfunds | (36,628) | 36,801 | (55,940) | (55,767) |
| 14 | Analysis ofne | t assets between funds |
|||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Total | |||||
| funds | funds | ||||
| f | |||||
| Fixed assets | 8,825 | 8,825 | |||
| Net current assets | (50,063) | (50,063) | |||
| Creditors due provisions |
in more than one year and | (14,529) | (14,529) | ||
| (64,592) | 8,825 | (55,767) | |||
| 15 | Reconciliation | of net debt | |||
| At 1 | At 31 | ||||
| September | August | ||||
| 2020 | Cash flows | 2021 | |||
| E | E | f | |||
| Cash and cash | equivalents | 14,762 | (9,503) | 5,259 | |
| 14,762 | (9,503) | 5,259 | |||
| Bank loans | (15,000) | 471 | (14,529) | ||
| (15,000) | 471 | (14,529) | |||
| Net debt | (238) | (9,032) | (9,270) |
| forthe year ended 3 | 1 | Aug | ust 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2021 | 2021 | 2020 | ||||
| E | E | |||||
| Income and endowments | from: | |||||
| Charitable activities |
||||||
| Charitable Activities |
24,616 | 24,616 | 12,535 | |||
| 24,616 | 24,616 | 12,535 | ||||
| Other | ||||||
| Other Income | 12,185 | 12,185 | 6,430 | |||
| 12,185 | 12,185 | 6,430 | ||||
| Total income and endowments | 36,801 | 36,801 | 18,965 | |||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| Charitable Activities |
2,246 | 2,246 | 2,264 | |||
| 2,246 | 2,246 | 2,264 | ||||
| Total ofexpenditure activities |
on charitable | 2,246 | 2,246 | 2,264 | ||
| Other expenditure | ||||||
| Bank loan and overdraft | interest | |||||
| 62 | 62 | |||||
| payable | ||||||
| 62 | 62 | |||||
| Employee costs | ||||||
| Salaries/wages | 6,847 | 6,847 | 4,640 | |||
| 6,847 | 6,847 | 4,640 | ||||
| Premises costs | ||||||
| Rent | 29,960 | 29,960 | 11,560 | |||
| Light, heat and power | 893 | 893 | 1,289 | |||
| Water | 492 | 492 | 716 | |||
| Premises repairs and maintenance |
5,866 | 5,866 | 583 | |||
| 37,211 | 37,211 | 14,148 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Depreciation of Plant Machinery |
and | 981 | 981 | 1,090 | ||
| Service charge | 2,820 | 2,820 | ||||
| General insurances |
486 | 486 | 488 | |||
| Postage and couriers | 79 | 79 | ||||
| Sundry expenses | 1,000 | 1,000 | 244 | |||
| Telephone, fax and broadband |
402 | 402 | 391 | |||
| 5,768 | 5,768 | 2,213 | ||||
| Legal and professional | costs |
| Ella Kanthan Trust |
||||
|---|---|---|---|---|
| Detailed Statement | of Financial Activities | |||
| Accountancy and |
bookkeeping | 800 | 800 | 800 |
| Other legal and professional | 3,006 | 3,006 | 2,300 | |
| costs | ||||
| 3,806 | 3,806 | 3,100 | ||
| Total ofexpenditure | ofother costs | 53,694 | 53,694 | 24,101 |
| Total expenditure | 55,940 | 55,940 | 26,365 | |
| Net gains on investments | ||||
| Net expenditure | (19,139) | (19,139) | (7,400) | |
| Net expenditure before other gains/(losses) |
(19,139) | (19,139) | (7,400) | |
| Other Gains | ||||
| Net movement in funds |
(19,139) | (19,139) | (7,400) | |
| Reconciliation offunds: |
||||
| Total funds brought | forward | (36,628) | (36,628) | (29,228) |
| Total funds carried | forward | (55,767) | (55,767) | (36,628) |