2022-08-31-accounts - The Green Room Foundation Ltd

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			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
		Notes	2022 f	2022f	2022 f	2021 f
Incoming Resources from;
Donations and legacies			6,735		6,735	116,107
Charitable activities
School fees			2,702,064		2702 064	2077 860
Other Income			5,962		5,962	1,741
Investment Income			2		2	2
Total income			2,714,763		2,714,763	2,195,710
Resources expended:
Charitable activities
School running costs		6/7	2,020,461	16,250	2,036,711	1,656,939
Total expenditure			2,020,461	16,250	2,036,711	1,656,939
Net gains/(losses) on
investments
Net income/(expenditure) before transfers			694,302	(16,250)	678,052	538,771
Transfers between funds
Net movement offunds	in		694,302	(16,250)	678,052	538,771
year
Reconciliation of funds
Total funds brought forward			1,376,251	102,500	1,478,751	939,980
Total funds carried forward			2,070,553	86,250	2,156,803	1,478,751

BA AS AT	lANCE SHEET 31AUGUST 2022
	Notes	2022	2021
		E	6
Fixed Assets			Restated
Tangible assets	11	915,622	923,926
Investments	12	125,000	125,000
		1,040,622	1,048,926
Current Assets
Debtors	13	174,136	360,587
Cash at bank		1,877,155	788,570
		2,051,291	1,149,157
Creditors
Amounts due within one year	14	(683,860)	(423,082)
Net Current Assets		1367,431	726,375
Total Assets less current liabilities		2,408,053	1,775,001
Creditors
Amounts falling due after more than one year	15	(251,250)	(296,250)
Total Net Assets		2,156,803	1,478,751
The Funds ofthe Charity
Restricted income funds	19	86,250	102,500
Unrestricted income funds	18	2,070,553	1,376,251
Total Funds		. 56,833	1,478751

				Notes	2022	2021
					E	E
Cash used in operating activities				21	1,202,924	319,104
Cash flows from investing	activities
Interest received
Proceeds from the sale offixed assets
Purchase offixed assets					(69,841)	(280,311)
Proceeds from the sale of	investments				500
Purchase ofinvestments
Cash provided by investing	activities				(69,339)	(280,309)
Cash flows from financing	activities
New loans in year
Loan repayments in year					(45,000)	(45,000)
Capital repayments in year
					(45,000)	(45000)
Increase / (Decrease) in cash and cash equivalents			in the year		1,088,585	(6,205)
Cash and cash equivalents	at the beginning	ofthe	year		788,570	794,775
Total cash and cash equivalents at the end		ofthe	year		1,877,155	788,578

ost of fixed assets, over their ex	pected useful lives o
Freehold property	-2/0 on cost
Improvement to property	-10/o on cost
Fixtures and fittings	-25/a on cost
Motor vehicles	-25%on cost
Computer equipment	-25v/a on cost

6.School running	c	osts
				2022	2021
				E	E
Green room materials				70,123	23,374
Tutors and class leaders				877,262	724,914
School meals				20,471	16,113
Green room trips		&activities		22,396	15,945
Social security				86,265	60,690
Pension costs				81,432	63,941
				1,157,949	904,977
Support costs (note 7)				878,762	751,962
Total school running			costs	2,036,711	1,656,939
7.Support costs
				2022	2021
				E	E
Rent				69,560	75,560
Rates and water				5,315	5,113
insurance				14,388	10,794
Light and heat				14,716	7,031
Telephone				6,721	5,358
Printing, postage and			stationery	8,709	5,711
Sundry expenses					1,378
Premises expenses				31,408	21,664
Software, training		&resources		6,237	8,079
Consultancy				3,500	20,159
Travel				6,094	4,526
Accountancy and bookkeeping				11,896	2,455
Motor expenses				11,349	7,581
Staff &student	welfare			9,569	3,077
Donations				92,385
Administration	salaries			462,073	449,676
Administration	expenses			45,946	34,658
Vehicle leasing				469	6,971
Depreciation				73,460	81,077
(Profit)/loss on	disposal ofassets			4,185	(160)
Equipment leasing Bank Charges				782	1,093 161
				878,762	119F2

et income/(expe	nditure) isstated after charging/(crediting)	:
		2022	2021
		E	E
Depreciation		73,460	81.077
Other operating	leases	469	6,972
Auditors remuneration		2,700	2,700
(Surplus)/deficit	on disposal of fixed	4,185	(160)
assets

The average monthly number ofemployees dur	ing the year was:
	2022	2021
	No	No
Teachers	29	21
Administration	13	12
Total	42	33
10.Staff Costs
	2022	2021
	E	E
Wages and salanes	1,236,641	1,045,060
Social security costs	126,540	98,904
Pensions	121,765	94,142
	1,484,946	1,238,106

he number ofemployees whose employment xceeded E60,000was;	benefit (excluding employer pension c	osts)
	2022	2021
660,001-670,000	1	2
E70,001-E80,000
E80,001-690,000
E90,001-6100,000	1	1
	2	3

11.Tangible fixed assets FOR THE YE	AR ENDED 31AUGUST 2022
		Improvements	Fixtures
	Freehold	to	&Fittings
	Property	Property
	E	E
Cost
At 1September 2021	553,265	436,432	67,317
Additions		4,859	8,801
Disposal		(310)	(19,616)
At 31August 2022	553,265	440981	56 502
Depreciation
At 1September 2021	18,195	82 099	51592
Charge for the year	6,065	39,835	6,105
Eliminated on disposal		(41)	(16,911)
At 31August 2022	24,260	121,893	40,786
Net book value
At 31August 2022	529,005	319,088	15,716
At 31August 2021	535,070	354,333	15,725
	Motor	Computer	Total
	vehicles	equipment
	E	E
Cost
At 1September 2021	14,500	96,676	1,168,190
Additions	41,004	15,177	69,841
Disposals		(30,901)	(50,827)
At 31August 2022	55,504	80,952	1,187,204
Depreciation
At 1September 2021	14,500	77,878	244,264
Charge for the year	8,951	12,504	73,460
Eliminated on disposal		(29,190)	(46,142)
At 31August 2022	23,451	61 192	271.582
Net book value
At 31August 2022	32,053	19,760	915,622
At31August 2021		18,798	923,926

4.Creditors -A	mounts Falling Due Within One Year
		2022	2021
		E	E
			Restated
Otherloans		45,000	45,000
Trade creditors		8,535	7,214
Social security	and other taxes	32,720	30,873
Other creditors		2,500
Fees received	in advance	590,055	334,500
Accrued expenses		5,050	5,495
		683,860	423,082

15.Credito	rs -Amounts Falling Due After More Than One Year
		2022	2021
		E	F.
Other loans (note 16)		251250	296 250
		251,250	296,250
16.Loans
		2022	2021
		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		135000	135000
Amounts	falling due in more than five years:
Mortgage		71,250	116,250

	Balance				Balance
	01.09.120 E	Income f	Expenditure f	Transfers f	31.08.21 f
Restricted funds Fixed asset fund	18,750	100,MO	~16,250i		102,500
	18,750	100,000	(16,250)		102,500
urrent year
	Balance				Balance
	01.09.21	Income	Expenditure	Transfers	31.08.22
	E	f	E	E	E
Restricted funds
Fixed asset fund	102,500		(16,250)		86,250
	102,500		(16,250)		86,250

		2022	2021
		E	f
Net income for the year (as per the Statement of Financial Activities)		678,052	538,771
Add back depreciation	charge	73,460	81,077
(Gains)/loss on investments
(Profit/loss on disposal	offixed asset)	4,185
Interest received		(2)	(2)
Decrease/(Increase) in	debtors	186,451	(339,953)
Increase/(decrease) in	creditors	260,778	39,211
Net cash used in operating activities		1,202,924	319,104