|||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|
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|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.||||
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|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|
##
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|||||||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)|
##
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##
##
##
##
|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)|