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||Page|
|---|---|
|Trustees' Report|3-7|
|Auditor's
Report|8-10|
|Statement of Financial Activities||
|Balance Sheet|12|
|Statement ofCash Flows|13|
|Notes tothe Accounts|14-23|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Notes|2021|2021|2021|2020|
||||E|E|E|E|
|Incoming
Resources|from;||||||
|Donations
and legacies|||16,107|100,000|116,107|31,822|
|Charitable
activities|||||||
|School|||2,077,860||2,077,860|1,751,086|
|Other Income|||1,741||1,741||
|Investment
Income|||2||2|420|
|Total income|||2,095,710|100,000|2,195,710|1,783,328|
|Resources expended:|||||||
|Charitable
activities|||||||
|School|||1,640,689|16,250|1,656,939|1,434,028|
|Total expenditure|||1,640,689|16,250|1,656,939|1,434,028|
|Net gains/(losses)
on
investments||||||3,803|
|Net income/(expenditure)
before transfers|||455,021|83,750|538,771|353,103|
|Transfers
between
funds|||||||
|Net movement
offunds in|||455,021|83,750|538,771|353,103|
|year|||||||
|Reconciliation
offunds:|||||||
|Total funds brought|forward||921,230|18,750|939,980|586,877|
|Total funds carried|forward||1,376,251|83,750|1,478,751|939,980|
##
|AS AT|31AUGUST 2021|||
|---|---|---|---|
||Notes|2021|2020|
|||E|E|
|Fixed Assets||||
|Tangible assets|11|923,926|724,692|
|Investments|12|125,000|125,000|
|||1,048,926|849,692|
|Current Assets||||
|Debtors|13|26,087|20,634|
|Cash at bank||788,570|794,775|
|||814,657|815,409|
|Creditors||||
|Amounts
due within one year|14|(88,582)|(383,871)|
|Net Current Assets||726,075|431,538|
|Total Assets less current liabilities||1,775,001|1,281,230|
|Creditors||||
|Amounts
falling due after more than
one year|15|(296,250)|(341,250)|
|Total Net Assets||1,478,751|939,980|
|The Funds ofthe Charity||||
|Restricted income funds|19|102,500|18,750|
|Linrestricted
income funds|18|1,376,251|921,230|
|Total Funds||1,478,751|939,980|
##
|||||Notes|2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
|Cash used
in operating
activities||||21|319,104|582,104|
|Cash flows from investing|activities||||||
|Interest received||||||420|
|Proceeds from the sale of|fixed assets|||||2,760|
|Purchase offixed assets|||||(280,311)|(122,003)|
|Proceeds from the sale of|investments|||||4,003|
|Purchase ofinvestments|||||||
|Cash provided
by investing|activities||||(280,309)|(114,820)|
|Cash flows from financing|activities||||||
|New loans in year|||||||
|Loan repayments
in year|||||(45,000)|(45,000)|
|Capital repayments
in year|||||||
||||||(45,000)|(45,000)|
|Increase / (Decrease) in cash and cash equivalents|||in the year||(6,205)|422,284|
|Cash and cash equivalents|atthe beginning|ofthe|year||794,775|372,491|
|Total cash and cash equivalents
at the end||ofthe|year||788,570|794,775|
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|t of fixed assets, less their estim
ases:|ated
residual
value|
|---|---|
|Freehold
property|-2%on cost|
|Improvement
to property|-10%on cost|
|Fixtures and fittings|-25%on cost|
|Motor vehicles|-25%on cost|
|Computer
equipment|-25%on cost|
##
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##
|2.Donations|and Legacies|||
|---|---|---|---|
|||2021|2020|
|||f|f|
|Donations||114,917|31,822|
|Gift Aid||1,190||
|||116,107|31,822|
|3.Income from charitable activities||||
|||2021|2020|
|||f|f|
|School||2,077,860|1,751,086|
|4.Other income||||
|||2021|2020|
|||f|f|
|Fundraising
events||1,741||
|5.Investment|income|||
|||2021|2020|
|||f|f|
|Deposit account interest|||420|
|6.Direct costs||||
|||2021|2020|
|||f|f|
|Green room|materials|23,374|22,749|
|Tutors and class leaders||724,914|654,007|
|School meals||16,113|12,581|
|Green room|trips &activities|15,945|2,913|
|Social security||60,690|55,538|
|Pension costs||63,941|61,702|
|||904,977|809,490|
##
|.Support costs|||||
|---|---|---|---|---|
||||2021|2020|
||||E|E|
|Rent|||75,560|64,960|
|Rates and water|||5,113|5,862|
|Insurance|||10,794|(1,567)|
|Light and heat|||7,031|10,971|
|Telephone|||5,358|4,222|
|Printing,
postage and stationery|||5,711|3,445|
|Sundry expenses|||1,378|667|
|Premises expenses|||21,664|26,405|
|Software, training||&resources|8,079|11,028|
|Consultancy|||20,159|21,798|
|Travel|||4,526|1,560|
|Accountancy
and||bookkeeping|2,455|5,188|
|Motor expenses|||7,581|6,273|
|Fund raising expenses||||143|
|Staff &student|welfare||3,077|6,460|
|Donations||||22,935|
|Administration|expenses||484,334|407,149|
|Vehicle leasing|||6,971|17,451|
|Depreciation|||81,077|41,026|
|(Profit)/loss
on|disposal ofassets||(160)|(35,235)|
|Equipment
leasing|||1,093|3,695|
|Bank Charges|||161|102|
||||751,962|624,538|
##
|et income/(expen|diture)
is stated after charging/(crediting)|:||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Depreciation||81,077|41,026|
|Other operating|leases|6,972|64,960|
|(Surplus)/deficit|on disposal offixed||(35,235)|
|assets||||
##
|he avera|ge mont|hly
number ofemployees
during|the year was:||
|---|---|---|---|---|
||||2021|2020|
||||No|No|
|Average|number|ofstaff|33|31|
##
|0.Staff Costs|||
|---|---|---|
||2021|2020|
||E|E|
|Wages and salaries|1,045,060|937,725|
|Social security costs|98,904|87,209|
|Pensions|94,142|78,538|
||1,238,106|1,103,472|
##
||||Improvements|Fixtures|
|---|---|---|---|---|
|||Freehold|to|&Fittings|
|||Property
E|Property
f||
|Cost|||||
|At 1September|2020|553,265|175,516|50,782|
|Additions|||260,916|16,535|
|Disposal|||||
|At 31August 2021||553,265|436,432|67,317|
|Depreciation|||||
|At 1September|2020|2,130|39,122|41,086|
|Charge for the|year|6,065|42,977|10,506|
|Eliminated
on disposal|||||
|At 31August 2021||18,195|82,099|51,592|
|Net book value|||||
|At 31August 2021||535,070|354,333|15,725|
|At 31August 2020||541,135|136,394|9,696|
|||Motor|Computer|Total|
|||vehicles|equipment||
|||E|E||
|Cost|||||
|At 1September|2020|14,500|95,682|889,745|
|Additions|||2,860|280,311|
|Disposals|||(1,866)|(1,866)|
|At 31August 2021||14,500|96,676|1,168,190|
|Depreciation|||||
|At 1September|2020|10,825|61,890|165,083|
|Charge for the|year|3,675|17,854|81,077|
|Eliminated
on disposal|||(1,866)|(1,866)|
|At 31August 2021||14,500|77,878|244,264|
|Net book value|||||
|At 31August 2021|||18,798|923,926|
|At 31August 2020||3,675|33,792|724,692|
##
|2.Fixed asset investments||
|---|---|
||Shares in|
||geoup|
||undertakings|
||E|
|Market value||
|At 1September 2020|125,000|
|Additions||
|Disposals||
|At 31August 2021|125,000|
|Net book value||
|At 31August 2021|125,000|
|At 31August 2020|125,000|
##
|Name||Holdings|||
|---|---|---|---|---|
|Swan Clewer CIC||33H|||
||||2021|2020|
|Name|||E|E|
|Aggregate|capital and reserves||484,570|447,386|
|Profit / (Loss) for the year|||37,184|(33,132)|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Trade|debtors|||17,878|4,545|
|Other|debtors|and|prepayments|8,209|16,089|
|||||26,087|20,634|
##
##
|14.Credit|ors-A|mounts|Falling Due Within One Year|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f|f|
|Otherloans||||45,000|45,000|
|Finance leases||||||
|Trade creditors||||7,214|23,438|
|Social security||and other|taxes|30,873|24,267|
|Other creditors|||||1,600|
|Fees received||in advance|||283,043|
|Accrued|expenses|||5,495|6,523|
|||||88,582|383,871|
|15.Creditors —Amounts|||Falling Due After More Than One Year|||
|||||2021|2020|
|||||E|E|
|Other loans (note 16)||||296,250|341,250|
|||||296,250|341,250|
|16.Loans||||||
|||||2021|2020|
|||||E|E|
|Amounts|failings due within one year:|||||
|Mortgage||||45,000|45,000|
|Amounts|falling due between one and two years:|||||
|Mortgage||||45,000|45,000|
|Amounts|falling due between two and five years;|||||
|Mortgage||||135,000|135,000|
|Amounts|falling due in more than five years:|||||
|Mortgage||||116,500|161,500|
##
|17.Analysis o|17.Analysis o|f|Net Assets|between
Funds|||||
|---|---|---|---|---|---|---|---|---|
|Current year|||||||||
||||||||Net|2021|
|||||||Fixed|Current|Total|
|||||||Assets|Assets|Assets|
|||||||f|f|f|
|Restricted|Funds|||||102,500||102,500|
|Unrestricted||Funds||||946,426|429,825|1,376,251|
|||||||1,048,926|429,825|1,478,751|
|Previous year|||||||||
||||||||Net|2020|
|||||||Fixed|Current|Total|
|||||||Assets|Assets|Assets|
|||||||f|f|f|
|Restricted|Funds|||||18,750||18,750|
|Unrestricted||Funds||||830,942|90,288|921,230|
|||||||849,692|90,228|939,980|
|18.Movements|||on Funds||||||
|Previous year|||||||||
|||||Balance||||Balance|
|||||01.09.19
f|Income
f|Expenditure
f|Gains/losses
f|31.08.20
f|
|Unrestricted||funds|||||||
|General funds||||586,877|1,758,328|(1,427,778)|3,803|921,230|
|||||586,877|1,758,328|(1,427,778)|3,803|921,230|
|Current year|||||||||
|||||Balance||||Balance|
|||||01.09.20
f|Income
f|Expenditure
f|Gains/losses
f|31.08.21
f|
|Unrestricted||funds|||||||
|General funds||||921,230|2,095,710|(1,640,689)||1,376,251|
|||||921,230|2,095,710|(1,640,689)||1,376,251|
##
##
||Balance||||Balance|
|---|---|---|---|---|---|
||01.09.19|income|Expenditure|Transfers|31.08.20|
||E|E|E|E|E|
|Restricted funds||||||
|Fixed asset fund||25,000|(6,250)||18,750|
|||25,000|(6,250)||18,750|
|urrent year||||||
||Balance||||Balance|
||01.09.20|Income|Expenditure|Transfers|31.08.21|
||E|E|E|E|E|
|Restricted funds||||||
|Fixed asset fund|18,750|100,000|(16,250)||102,500|
||18,750|100,000|(16,250)||102,500|
##
##
##
|||2021|2020|
|---|---|---|---|
|||E|E|
|Net income for the
Activities)|year (as per the Statement of Financial|538,771|353,103|
|Add back depreciation
charge||81,077|41,026|
|(Gains)/loss
on investments|||(3,803)|
|(Profit/loss
on disposal offixed asset)|||(35,235)|
|Interest received||(2)|(420)|
|Interest element of|finance lease rental|||
|Finance lease rental|written off||12,365|
|Decrease/(Increase)|in debtors|(5,453)|24,549|
|Increase/(decrease)|in creditors|(295,289)|190,519|
|Net cash used in operating
activities||319,104|582,104|