2022-05-31-accounts

			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	6
Independent Examiner's	Report
Statement of Financial	Activities
Statement ofFinancial	Position	9	to	10
Notes to the Financial Statements		11	to	21

TRUSTEES		M R Ratcliffe MBE
		P M Hazel
		Mrs JS Hill
		A Piggott
		Dr RJ Carter (resigned 6.10.21)
COMPANY SECRETARY		P M Hazel
REGISTERED	OFFICE	Wolseley House
		Oriel Road
		Cheltenham
		Gloucesters hire
		GL50 1TH
REGISTERED	COMPANY	07611398(England	and Wales)
NUMBER
REGISTERED	CHARITY	1146157
NUMBER
INDEPENDENT	EXAMINER	Andorran Limited
		6 Manor Park Business Centre
		Mackenzie Way
		Cheltenham
		Gloucestershire
		GL51 9TX
SOLICITORS		Willans
		28 Imperial Square
		Cheltenham
		Gloucestershire
		GL50 1RH
BANKERS		Lloyds Bank pic
		130High Street
		Cheltenham
		Gloucestershire
		GL50 1EW

	FOR T	HE YEAR	ENDED 31 IIA	Y 2022
					31.5.22	31.5.21
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	E	E		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	201,499	138,477	339,976	294,870
Charitable activities
Charitable						2,303
Other trading activities			100,889		100,889	83,636
Investment income			825		825	4,350
Total			303,213	138,477	441,690	385,159
EXPENDITURE ON
Raising funds			16,499	4,800	21,299	16,158
Charitable activities
Charitable			253,763	219,068	472,831	260,063
Total			270,262	223,868	494,130	276,221
NET INCOME/(EXPENDITURE)			32,951	(85,391)	(52,440)	108,938
Transfers between funds		20	(5,990)	5,990
Net movement in funds			26,961	(79,401)	(52,440)	108,938
RECONCILIATION OF FUNDS
Total funds brought forward			194,059	124,623	318,682	209,744
TOTAL FUNDS CARRIED FORWARD			221,020	45,222	266,242	318,682

					31.5.22	31.5.21
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes	F		E	E
FIXEDASSETS
Investments		15
CURRENT ASSETS
Debtors		16	278,173	32,758	310,931	303,890
Cash at bank and	in hand		1,160	12,464	13,624	84,755
			279,333	45,222	324,555	388,645
CREDITORS
Amounts falling due within one year		17	(28,314)		(28,314)	(29,964)
NET CURRENT ASSETS			251,019	45,222	296,241	358,681
TOTAL ASSETS	LESSCURRENT
LIABILITIES			251,020	45,222	296,242	358,682
CREDITORS
Amounts falling due after more than one year 18			(30,000)		(30,000)	(40,000)
NET ASSETS			221,020	45,222	266,242	318,682
FUNDS		20
Unrestricted funds					221,020	194,059
Restricted funds					45,222	124,623
TOTAL FUNDS					266,242	318,682

DONATIONS AND LEGA	CIE	S
			31.5.22	31.5.21
			E	F
Donations			300,809	294,870
Grants			39,167
			339,976	294,870
Major donors
Westcroft Trust				85,000
National Lottery Reaching BEITTrust	Communities			39,167 35,000
GCC Coronavirus Prevention		Fund		20,000
Henry Smith's Charity Thriving Communities GCC Big Give Christmas Challenge Educational and General CT				10,000 10,000 8,212 7,000
Cadbury Trust (Edward) MJB Charitable Trust				5,000 5,000
Scott (Eredine) Charitable Tabhair Charitable Trust	Trust			5,000 5,000
Donations less than F5,000				105,597
Grants received, included	in the above, are as follows:
			31.5.22	31.5.21
			E
National Lottery			39,167
OTHER TRADING ACTIVITIES			31.5.22	31.5.21
			E	F
Dividend from trading subsidiary Costs funded by subsidiary			2,507 98,382	83,636
			100,889	83,636

4.	INVESTMENT INCOME
			31.5.22	31.5.21
			F	P
	Rents received		825	4,350
5.	INCOME FROM CHARITABLE ACTIVITIES
			31.5.22	31.5.21
	Government grants Activity Charitable			F 2,303
6.	RAISING FUNDS
	Raising donations and legacies		31.5.22	31.5.21
	Fundraising costs		21,299	16,158
7.	CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs (see	costs (see
		note 8)	note 9)	Totals
			E
	Charitable	470,321	2,510	472,831
8.	DIRECT COSTS OF CHARITABLE ACTIVITIES		31.5.22	31.5.21
			F
	Staff costs Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Carriage Repairs and renewals Computer costs Rent Maintenance Travelling and subsistence Digibus project costs Professional fees Bank charges Service charges Teacher Training Project costs Depreciation		202,329 6,516 5,118 8,982 1,750 1,092 1,916 12,983 198 10,913 32,650 1,938 547 151,536 4,000 205 7,892 19,756	170,692 5,807 5,135 9,637 1,931 364 1,767 12,009 53 8,195 19,199 3,748 56 9,366 743 300 8,627 714
			470,321	258,343

9.	SUPPORT C	OSTS
					Governance
				Finance	costs	Totals
				E	F
	Charitable			1,134	1,376	2,510
	Support costs, included		in the above, are as follows:		31.5.22	31.5.21
						Total
					Charitable	activities
					F
	Interest payable and similar charges Accountancy and legal fees				1,134 1,376	1,720
					2,510	1,720
10.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
					31.5.22	31.5.21
	Depreciation	-owned assets				714

				31.5.22	31.5.21
Charitable	activities			9	8
No employees		received emoluments	in excess off60,000.

	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2022	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2022	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2022	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2022
13.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
						E
	INCOME AND ENDOWMENTS		FROII
	Donations and legacies			60,913	233,957	294,870
	Charitable activities
	Charitable			2,303		2,303
	Other trading activities Investment income			83,636 4,350		83,636 4,350
	Total			151,202	233,957	385,159
	EXPENDITURE ON
	Raising funds			16,158		16,158
	Charitable activities
	Charitable			250,697	9,366	260,063
	Total			266,855	9,366	276,221
	NET INCOME/(EXPENDITURE)			(115,653)	224,591	108,938
	Transfers between	funds		147,084	(147,084)
	Net movement in funds			31,431	77,507	108,938
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		162,628	47,116	209,744
	TOTAL FUNDS CARRIED FORWARD			194,059	124,623	318,682
14.	TANGIBLE FIXEDASSETS
						Fixtures
						and
						fittings
						F
	COST
	At 1 June 2021 and	31 May 2022				9,278
	DEPRECIATION
	At 1 June 2021 and	31 May 2022				9,278
	NET BOOK VALUE
	At 31 May 2022
	At 31 May 2021

Shares	in
gIoup
undertakings

Registered office: Wolseley Ho Nature of business: IT Training	use, Oriel Road, Chelte 8 Education
	'/o
Class ofshare:	holding
Ordinary	100

DEBTORS:AMOUNTS F	ALLINGDUE WITHIN ONE YEAR
		31.5.22	31.5.21
		E	E
Due from subsidiary Prepayments and accrued	income	306,141 4,790	297,594 6,296
		310,931	303,890
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	31.5.22	31.5.21
Bank loans and overdrafts (see note 19) Trade creditors Social security and other taxes Other creditors Accruals and deferred income		10,000 3,448 2,637 3,547 8,682	10,000 8,360 1,582 2,425 7,597
		28,314	29,964

			31.5.22	31.5.21
			E	F
Bank loans (see note 19)			30,000	40,000
LOANS
An analysis of the maturity	of	loans is given below:
			31.5.22	31.5.21
			E	E
Amounts falling due within Bank loans	one year on demand:		10,000	10,000
Amounts falling between Bank loans	one	and two years:	20,000	20,000
Amounts falling due between Bank loans		two and five years:	10,000	20,000

MOVEMENT IN FU	NDS
			Net	Transfers
			movement	between	At
		At 1.6.21	in funds	funds	31.5.22
			E	F
Unrestricted funds General fund		194,059	32,951	(5,990)	221,020
Restricted funds BeitTrust ITTeacher Training Van Digibus Digital Mobile Lab Big Give Christmas Challenge Entrepreneurial skills Malawi		25,824 17,180 5,000 76,619	(5,280) (14,176) (5,000) (82,609) 13,374 8,300	5,990	20,544 3,004 13,374 8,300
		124,623	(85,391)	5,990	45,222
TOTAL FUNDS		318,682	(52,440)		266,242

Net movement	in fu	nds, included in the above	are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			E		E
Unrestricted	funds
General fund			303,213	(270,262)	32,951
Restricted funds
Beit Trust			35,000	(40,280)	(5,280)
ITTeacher Training Van			5,580	(19,756) (5,000)	(14,176) (5,000)
Digibus Digital Mobile Lab Big Give Christmas Challenge Entrepreneurial skills Malawi			68,927 20,670 8,300	(151,536) (7,296)	(82,609) 13,374 8,300
			138,477	(223,868)	(85,391)
TOTAL FUNDS			441,690	(494,130)	(52,440)

Comparatives for movemen	t in funds
			Net	Transfers
			movement	between	At
		At 1.6.20	in funds	funds	31.5.21
					F
Unrestricted funds
General fund		162,628	(115,653)	147,084	194,059
Restricted funds
Beit Trust		26,445	35,000	(35,621)	25,824
Malawi Programme ITTeacher Training Surplus Funds Tithandizane Youth Van		700 2,000 8,721 5,250 4,000	6,750 5,000 1,000	(700) 8,430 (13,721) (5,250)	17,180 5,000
Tech Connect Digibus Digital Mobile Lab Zambia 'Buy One Get One' scheme Big Give Christmas Challenge Zambia Desks for Schools			18,000 76,619 12,150 15,000 1,700	(18,000) (12,150) (15,000) (1,700)	76,619
National Lottery Community Entrepreneurial skills Malawi Covid Prevention Malawi	Fund		25,082 4,000 24,290	(25,082) (4,000) (24,290)
		47,116	224,591	(147,084)	124,623
TOTAL FUNDS		209,744	108,938		318,682