Girls Institute of Education Leeds Registered Charity Number: 1149073 Accounts
31 December 2021
## **Girls Institute of Education Leeds Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees' report|2|
|Accountants' Report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6|
## **Girls Institute of Education Leeds Charity Information**
## **Trustees**
Parviz Hussain Chair Ejaz Hussain Zulfiqar Ahmed Shazad Ilyas
## **Accountants**
Ferndale Accountants Ltd Alpha Business Centre, Suite 1 173 Otley Road Bradford West Yorkshire BD3 0HS
## **Bankers**
Yorkshire Bank
## **Charity address**
New Horizon Community School Newton Hill House Newton Hill Road Leeds LS7 4JE
1
**Girls Institute of Education Leeds**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021**
The trustees present their report and the financial statements for the year from 01 January 2021 to 31 December 2021.
## **Trustees**
The trustees named on page 1 have served throughout the year except where stated. Appointment of trustees is governed by the constitution of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
## **Constitution, Objects and Policies**
The objects are to enhance the development and education of girls aged 11-18 by the provision of a school (schools) and by providing facilities for the benefit of the community in furtherance of the mail objective.
## **Activities and Achievements**
This year has been an interesting and at times a challenging year. In setting our objectives and and planning our activities our Governors have given careful consideration to the Charity Commisssion’s public benefit guidance.
Our key objective for the year included:
- to broaden our academic curriculum
- to increase pupil numbers
- to enhance the IT systems at the school
- encourage leadership opportunities through school activities
- to provide a safe environment that complies with legislation and statutory guidance in regards to child protection
- to enhance the sprirtual, social, cultural, health and economic experiences of students
- to support under achieving students and those whose first language is not English
The school has worked hard to meets objectives and in doing so has provided benefits to the public in advancing children’s education and preparing them for the future.
The school has:
- enhanced its offering of subjects to include Art and Crafts
- provided support for children with learning difficulties
- significantly increased GCSE results
- improved the infrastructure of the school
## **Statement of Trustees' Responsibilities**
The trustees are required under the constitution of the charity to prepare financial statements for each financial year
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Reserves**
The majority of funds are sourced from school fee and voluntry contributions. The trustees consider that the reserves held are sufficient to continue the support of the School in future years.
## **Risk**
The trustees actively review the major risks which the charity faces on a regular basis and have also examined other operational and business risks faced by the charity. The trustees confirm that they have established systems to mitigate the significant risks.
## **Approval**
**This report was approved by the trustees on 20 June 2022 and signed on** their behalf by
## **Mr Parviz Hussain**
Chair
2
## **Girls Institute of Education Leeds**
## **Accountants' report on the unaudited accounts to Girls Institute of Education Leeds**
I report on the accounts of the charity for the year ended 31 December 2021, which are set out on pages 4 to 6.
You have approved the accounts for the year ended 31 December 2021 which comprise the Statement of financial activities, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.
Ferndale Accountants Ltd
The Association of Accounting Technicians
Alpha Business Centre, Suite 1 173 Otley Road Bradford West Yorkshire BD3 0HS 20 June 2022
3
## **Girls Institute of Education Leeds Statement of financial activities**
## **for the year ended 31 December 2021**
|**Notes**
**Incomeing Resources**
Income-unrestricted funds
2
Other income
2
**Total incoming resources**
**Resources Expended**
Employee costs
Educational expenses
Premises costs
Repairs
General administrative expenses
Advertising, promotion and entertainment
Legal and professional costs
Other finance charges
Other expenses
**Total resourses expended**
**Net movement in funds**
**Total funds at 1 January**
**Total funds at 31 December**|**2021**
**£**
85,547
39,924
125,471
44,686
28,253
9,480
3,814
17,191
500
2,750
457
-
107,131
18,340
839,081
857,421|**2020**
**£**
70,734
36,024|
|---|---|---|
|||106,758|
|||44,899
19,336
12,765
2,447
22,467
-
-
422
82|
|||102,418|
|||4,340
834,741|
|||839,081|
4
## **Girls Institute of Education Leeds Balance Sheet as at 31 December 2021**
|**Notes**
**Fixed assets**
Premises
**Current assets**
Bank/building society balances
**Current liabilities**
Trade creditors/accruals
Other liabilities
**Net current assets**
**Net assets**
**Funds**
Brought forward
Current Net movement in funds
**Total funds**|**2021**
**£**
775,000
83,410
(1)
990
989
82,421
857,421
839,081
18,340
857,421|**2021**
**£**
775,000
83,410
(1)
990
989
82,421
857,421
839,081
18,340
857,421|64,081|**2020**
**£**
775,000
64,081|
|---|---|---|---|---|
||||-
-||
||989||-||
||||||
|||857,421||839,081|
|||839,081
18,340||834,741
4,340|
|||857,421||839,081|
5
**Girls Institute of Education Leeds Notes to the Financial Statements for the year ended 31 December 2021**
## **1 Accounting basis**
The accounts are prepared on the receipts and payments basis and include the results of the charity's operations which are described in the Trustees' report, all of which are continuing.
The charity has taken advantage of the exemption in Financial Reporting Standard number 1 from the requirement to produce a cash flow statement on the grounds that it qualifies as a small charity.
## **2 Detailed analysis of resources**
|**Income-unrestricted funds**
Fees
**Other direct costs**
Other direct costs
**Other income/profits**
Interest receivable
Rent received
**Employee costs**
Wages and salaries
Pensions
Temporary staff and recruitment
**Premises costs**
Rates
Light and heat
Cleaning
**Repairs**
Repairs
**General administrative expenses**
Telephone and fax
Stationery and printing
Subscriptions
Insurance
Equipment expensed
Hire of equipment
Loan repayment
Software
**Advertising, promotion and entertainment**
Advertising and PR
**Legal and professional costs**
Accountants fees
Consultancy fees
**Other finance charges**
Bank charges
**Other expenses**
Other expenses|**2021**
**£**
85,547
28,253
7
39,917
39,924
38,732
-
5,954
44,686
3,801
5,205
474
9,480
3,814
642
-
2,594
5,200
5,460
3,295
-
-
17,191
500
250
2,500
2,750
457
-|**2020**
**£**
70,734|
|---|---|---|
|||19,336|
|||24
36,000|
|||36,024|
|||42,136
249
2,514|
|||44,899|
|||3,819
8,525
421|
|||12,765|
|||2,447|
|||620
397
1,148
3,945
11,147
2,680
-
2,530|
|||22,467|
|||-|
|||-
-|
|||-|
|||422|
|||82|
6