## 



## 

|Report ofthe Trustees||1-7|
|---|---|---|
|Report ofthe Governors||S-15|
|Report ofthe Independent|Auditors|16-18|
|Statement ofFinancial Activities||19-20|
|Salance Sheet||21-22|
|Statement ofCash Flows||23|
|Notes to the Financial Statements||24-50|





## 

## 

## 



## 

## 

## 



## 

## 



## 

## 



## 

## 

## 



## 

## 

## 



## 

|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Charity|name||||Coleg Llanymddyfrl||||||||
|Company||registration||number|08133485||||||||
|Charity|registration||number||1149946||||||||
||||||Linked cbonties:-||||||||
||||||1149946-1-Llandovery|College fl'homas|||Phillips|Foundation)||Trust|
||||||1149946-3—Llandovery|College Prize R|||Scholarship||Fund||
||||||1149946-2—Coleg Uanymddyfri||(Cymru)||||||
|Registered office|||||The Bursary||||||||
||||||Llandovery<br>College||||||||
||||||Queensway||||||||
||||||Llandovery||||||||
||||||Carmarthanshire||||||||
||||||SA20 OEE||||||||
|Directors/trustees|||||Mr JTGravell||||||||
||||||Mr D RRees-Evans||||||||
||||||Mrs R EWilliams||||||||
||||||Mr D H Jones||||||||
||||||Mr G Stroud||||||||
|Company||Secretary|||Mr JTGravell||||||||
|Principal||bankers|||NatWest<br>Bank||||||||
||||||Uandovery<br>Branch||||||||
||||||59Rhosmaen Street||||||||
||||||Llandeilo||||||||
||||||Dyfed||||||||
||||||SA196HB||||||||
|Auditors|||||Azets Audit Services||||||||
||||||Chartered<br>Accountants|&Statutory||Auditors|||||
||||||Ty Drew||||||||
||||||Lime Tree Court||||||||
||||||Cardiff Gate Business Park||||||||
||||||Cardiff||||||||
||||||CF23 BAB||||||||
|Legal advisors|||||Stone King||Morgan LaRoche||||||
||||||13Queen Square||Bay House||||||
||||||Bath||Tawe|Business Village|||||
||||||BA12HJ||Swansea Enterprise|||Park|||
||||||||Swansea||||||
||||||||West|Glamorgan|||||
||||||||SA7 9LA||||||





## 

## 

## 

## 

## 

## 



## 

## 


## 

## 


## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

|Financial|Results|||
|---|---|---|---|
|||2021|2020|
|Academic|Roll|233|231|
|Average|Net Fee Income|E13,508|f13,242|
|Recurring|EBITDA*|-E211,319|-E301,475|





## 

## 

## 

## 

## 



## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 



## 

## 




## 

||||FO|R THE YEA|R ENDED31AUG|UST 2021|||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||Unrestricted|Restdicted|funds|funds|
|||||Note|funds|funds|2021|2020|
||||||E|E|E|E|
|Income and endowments|||from:||||||
|Charitable|activities|||4|12,000||l2,$IO|12000|
|Total Income ond||endowments|||12,000||12,000|12,000|
|Expenditure|on:||||||||
|Charitable|activities|||6|712,000||712,000|112,000|
|Total expendi<br>turn|||||712,000||712,000|112,000|
|Net movementin||funds|||(700400)||(700,000)|(100,000)|
|Recondliation<br>of||Funds|||||||
|Total funds|brought forward|||22|SEED||B62,430|962,430|
|Totalfunds|canied forward|||24|162330||162,430|362,430|











|||Note|2021f|2020<br>f|
|---|---|---|---|---|
|Net cash provided<br>by operating<br>activities||29|374475|(602,407)|
|Cosiijkeejrom investing oclivitiesi|||||
|Dividends,<br>interest and rents from investments|||24|218|
|Purchase ofproperty<br>plant and equipment|||(36$,60$)|(95,059)|
|Net cash used In investing activities|||(36$,579)|(94,841)|
|Cosh jfows jrom jilnancfng activities:|||||
|Repayments<br>ofborrowing|||(27,469)|(9,042)|
|Cash inflows from new borrowing<br>Net cash provided<br>by (used In)financing activities|||4$&577<br>350,000<br>16,103340,958||
|Change<br>In cash and cash equivalents<br>Inthe reporting|period||27,099|(356,290)|
|Cash and cash equivalents at the beginning ofthe reporting|||||
|period|||915,593|1,271&883|
|Cash and cash equivalents<br>at the end ofthe reporting|period|29|942,692|915,593|





## 

## 

## 

## 



# 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

|Property|-not depreciated<br>and revalued|-not depreciated<br>and revalued|by|trustees on an annual|basis|
|---|---|---|---|---|---|
|Property improvements|-2%straight|line||||
|Sports facilities|-20%straight|line||||
|Motor vehicles|-20%straight|line||||
|Fixtures and fittings|-20%straight|line||||
|Works ofart|-not depreciated<br>and are reviewed|||annually for impairment||





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

|||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||~Grou|||||funds<br>f|funds<br>E|2021<br>E|2020<br>E|
||Donations|and gifts||||6,041|2~790|268,8$1|10,053|
||Legacies|||||55v45$||SOS||
||Grant Income|||||680|360,140|360,820|219,287|
|||||||62,174|622,9$0|685,104|229,340|
|4.|INCOME FROM CHARITABLE ACTIVITIES|||||||||
|||||||Unrestricted|Restriciad|Total|Total|
|||||||funds|funds|2021|2020|
||~Grou|||||E|6|E|E|
||Fees and other fees||receivable|||$,147,49S||$,147,49$|3,058,950|
||Registration fees|||||$99||399|1,145|
||Transport|recoveries||||67,066||67/$6||
||Catering recoveries,||trips and other|||20,8$3||20A3$|18,940|
|||||||$,2$5,791||3235791|3079035|
|||||||||Total|Total|
|||||||||2021|2020|
||Fees receivable consist|||of:||||E|E|
||Gross fees|||||||4,549,182|4,606,351|
||Less:total|scholarships,||bursaries|and|remissions||(1801,689)|(1,547,401)|
|||||||||S,147,493|3,058,950|
||Gross fees receivable||may be analysed|||by the following:||||
||Boarders|||||||2,480,698|2,354,281|
||Day pupils|||||||1,906,236|2,019,126|
||Music and drama tuition<br>Other fee income|||||||17,972<br>144,276|20,298<br>212,646|
|||||||||4,549,182|4,606,351|
|||||||Unrestricted|Restricted|Total|Total|
||~Chsri|||||funds|fundsf|2021<br>6|2020<br>E|
||Licences|||||12,000||12,000|12,000|
|||||||12,000||12,000|12,000|





## 

## 

## 

|INCOME FROM INVESTMENTS|INCOME FROM INVESTMENTS|INCOME FROM INVESTMENTS|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted||Total|Total|
|~Grou||||fundsf|funds||2021f|2020<br>f|
|Bank interest||||24||||218|
|||||24|||24|218|
|EXPENDITURE ON CHARITABLE|||ACTIVITIES||||||
||||||||Total|Total|
|Garou||Staff costsf||Other<br>f|Depreciation<br>f||2021<br>f|2020<br>f|
|Charitable|activities||||||||
|School activities:|||||||||
|Teaching||1,7&6,553||62,055|||1,848,608|1,793A11|
|Welfare||||466,127|||466,127|392,985|
|Premises||||38$,051|||383,051|360,508|
|Support||costs|729,719|447,034|86,281||1,26$,034|1,150,651|
|Trading companies||||102&692|||102,692|208,497|
|Governance||costs||20,880|||20,880|30,518|
|||2,516,272||1,481,839|86,281||4,084,392|3,936,570|
|~Chari|||||||||
|Charitable|activities||||||||
|Donation|||12,000||||12,000|112,000|
|Provision|||700,000||||700,000||
||||712,000||||712,000|112,000|
||||||||Total|Total|
|Support costs forthe group consist ofthe||||following:|||2021f|2020<br>f|
|Wages|||||||729,719|683,738|
|Telephone|||||||16g70|20,037|
|Marketing|||||||5,576|13,624|
|Licenses and||insurance|||||11$,606|90,562|
|Printing<br>and||oflice|||||72,007|72,084|
|Travel and|entertainment||||||$9|3,622|
|Professional||fees|||||75,548|132,631|
|Bad debts|||||||1$7,52S|50,391|
|Finance charges|||||||24,007|427|
|Depreciation|||||||86,281|77,873|
|Sundries|||||||501|5,662|
|Profit on disposal offixed asset|||||||1,755||
||||||||1,26$,0$4|1,150,651|





## 

|||FORTHEYEAR ENDED|FORTHEYEAR ENDED|31AUGUST|202|1|||
|---|---|---|---|---|---|---|---|---|
|7.|FEESFOR EXAMINATION|OFTHE ACCOUNTS|||||||
|||||||Total||Total|
|||||||2021||2020|
||~Grou||||||E|E|
||Auditors fees|||||19,680||21,990|
|||||||19,680||21,990|
|8.|STAFF COSTSAND EMOLUNIENTS||||||||
|||||||Total||Total|
|||||||2021||2020|
||||||||E|f|
||Total staff costs comprised:||||||||
||Wages and salaries|||||2,053,200||1,923,159|
||Social security costs|||||175I541||164,745|
||Pension contributions|||||281,995||265,820|
||Redundancy<br>costs|||||5,536||3,413|
|||||||2,516,272||2,357,137|
||The number ofemployees|whose emoluments||forthe year|fell within the following||bands were:||
|||||||Total||Total|
|||||||2021||2020|
|||||||No||No|
||In the band f90,000-f99,999|||||||1|
||In the band f100000-E109999|||||1|||
||The number ofhigher paid employees||to whom|retirement|benefits were accruing||isas|follows:|
|||||||Total||Total|
|||||||2021||2020|
|||||||No||No|
||In the band f90,000-f99,999||||||||
||In the band 5100,000 -f109,999||||||||
||The employer's<br>pension contributions||for higher paid employees|||were as follows:|||
|||||||Total||Total|
|||||||2021<br>8||2020f|
||In the band F90,000 - 599,999|||||||18,996|
||In the band f100,000-f109,999|||||||1|





## 

## 

## 

## 

||The average monthly<br>number|ofstaff employed<br>during the ye|ar was as follows:||
|---|---|---|---|---|
||||Total|Total|
||||2021|2020|
||||No|No|
||Teaching staff||61|61|
||Support staff||29|25|
||||90|86|
|10.|NET INCOME/(EXPENDITURE)|FORTHE YEAR|||
||||Total|Total|
||G~rou||2021|2020|
||||E|E|
||This is stated after charging:||||
||Staff pension contributions||281,995|265,820|
||Depreciation||91,$81|89,708|
||Auditors<br>remuneration:||||
||Audit offinancial statements||19,680|21,990|





## 

## 

|||Property|||Fixtures|||
|---|---|---|---|---|---|---|---|
||Land and|impnsve-|Works|Plant and|and|Motor||
||propertyf|mentsf|ofartf|machineryf|fittings|vehiclesf|Totalf|
|Cost||||||||
|At 1September 2020|5,165,000|601~|100,000|216ri13|557,$21|36,990|6,677328|
|Additions<br>Disposals<br>At31August 2021|5,165,000|274869<br>875i97$200i000||64,461<br>282+74|24,173<br>(5416)<br>576&78|36i990|36$,60$ ~5,RI6)<br>7i035i815|
|Depreciation||||||||
|At 1September 2020||53,972||17$,750|412,721|$6,990|677+$3|
|Charge forthe year||16,281||22,235|52,865||91,$81|
|Disposals|||||~1~,2aa||(3,260)|
|At31August 2021||70,25$||195,985|462,$26|$6,990|765,554|
|Net book values||||||||
|At31August 2021|5,165,000|805,720|100,000|85,$89|114,152||6,270,261|
|At $1August 2020|5,165,000|547,032|100,000|43,163|144,600||5,999,795|





## 

|A summary ofthe results is shown below:|||
|---|---|---|
||2021|2020|
||E|f|
|Summary<br>Profit and loss Account:|||
|Income|||
|Results for the year|||
|Summary<br>Ralance Sheet:|||
|Total assets<br>Amounts<br>falling due within one year<br>Total assets less Ilablgtles|50,009<br>~1)<br>50,008|50,008<br>50,007|
|Capital and reserves|||
|Called up share capital|1|1|
|Profit and loss reserves|50,007|50,006|
|Total equity|50,008|50,007|





## 

## 

## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||6|E|
|Summary<br>Income and|Expenditure||Account:|||
|Income||||&0,278|80,965|
|Cost ofsales||||{7,705)|(5,033)|
|Administrative<br>expenses||||(95,991)|(145,037)|
|Operating<br>profit||||(23,418)|(69,105)|
|Covenant to Coleg Llanymddyfri||||||
|Other income||||8,772|49,510|
|Results forthe year||||(14,646)|(19,595)|
|Statement ofchanges|in Equity|||||
|Balance brought forward||||(23,545)|(3,950)|
|Profit and total comprehensive||income forthe pediod||(14,646)|(19,595)|
|Distributions<br>to parent|charity under gift aid|||||
|Balance carried forward||||(38,191)|(23,545)|
|Summary<br>Balance Sheet:||||||
|Total assets||||77491|73,408|
|Amounts<br>falling due within one||year||(115,782)|(96,953)|
|Net assets||||{S8,191)|(23,545)|
|Capital and resenies||||||
|Profit and loss reserves||||(38,191)|(23,545)|
|Total equity||||(38,191)|(23,545)|





## 

## 

## 

|||2021|2020|
|---|---|---|---|
|||E|E|
|Summary<br>Profit and loss Account:||||
|Income||81,720|52,214|
|Cost ofsales||(52,986)|(44,765)|
|Administrative<br>expenses||(18,00S)|~28662|
|Operating<br>profit||10,731|(6,213)|
|Covenant to Coleg Llanymddyfii||||
|Result forthe year||16,731|(6,213|
|Statement ofchanges in Equity||||
|Balance brought forward||(6,898)|(685)|
|Profit and totalcomprehensive|income forthe period|10,731|(6,213)|
|Distributions<br>to parent chadity under gift aid||||
|Balance card(ed forward||3,833|(6,898)|
|Summary Balance Sheen||||
|Total assets||102,527|65,254|
|Amounts<br>falling due within one year<br>Total assets less current liabgides||~98.694(<br>6,635|~(72,152<br>~6,898|
|Capital and reserves||||
|Called up share capital||1|1|
|Profit and loss reserves||3,832|(6,899)|
|Total equity|||~(6,893|





## 

## 

## 

## 

|summary<br>ofthe results are shown|below:|||
|---|---|---|---|
|||2021f|2020|
|Summary<br>Income and Expenditure|Account:|||
|Total income||S,992,919|3,420,191|
|Total expenditure||(5,981,700)|(3,799,966)|
|Net expenditure||11,219|(379,775)|
|Summary<br>Balance Sheet:||||
|Total assets||1,766,885|1,885,521|
|Total liabilities||~(a.855,152|(3,985,607)|
|Net liabilities||(2,088,867)|(2,100,086)|
|The funds ofthe charity:||||
|Unrestricted<br>funds carried forward||(2,351,296)|(2,100,086)|
|Restricted<br>fund carried forward||26~29||
|Total charity funds||(2,088467)|(2,100,086)|





## 

## 

|summary<br>of|the results are shown|below:|||
|---|---|---|---|---|
||||2021<br>f|2020f|
|Summary<br>Income and Expenditure||Account:|||
|Total income|||60,000|160,000|
|Totalexpenditure|||(60,008)|(149,217)|
|Netincome|||(8)|10,783|
|Summary<br>Balance Sheet:|||||
|Total assets|||6i357,089|6,507,097|
|Total liabilities||||(150,000)|
|Net assets|||6,357,089|6,357,097|
|The funds of|the charity:||||
|Unrestricted|funds:||||
|Fixed assets|reserve||5,215,000|5,215,000|
|General reserves|||1,142,089|1,142,097|
|Total charity|funds||6,357,089|6,357,097|





## 

## 

|A summary<br>ofthe results are shown|below:|||
|---|---|---|---|
|||2021f|2020f|
|Summary<br>Income and Expenditure|Account:|||
|Total income||||
|Total expenditure||||
|Net expenditure||||
|Summary<br>Balance Sheet||||
|Tota!assets||103,905|103,905|
|Net assets||103,905|103,905|
|The funds ofthe charity:||||
|Unrestricted<br>funds carried forward||105,90S|103,905|





## 

## 

||FORTHEY|EAR ENDED 31AUG|UST 2021|||
|---|---|---|---|---|---|
|13.|STOCKS|||||
|||||Total|Total|
||Group|||2021f|2020f|
||Goods for resale|||54,069|48,869|
|14.|DEBTORS|||||
|||Group|Charity|Group|Charity|
|||Total|Total|Total|Total|
|||2021<br>f|2021f|2020<br>E|2020f|
||Trade debtors|10,236||433,394||
||Balances due from group|||||
||undertakings||141,860||841,860|
||Other debtors|SO~94||54,144||
|||40,730|141,860|487,538|841,860|
|15.|CASH AT BANK AND IN HAND|||||
|||Group|Charity|Group|Charity|
|||Total|Total|Total|Total|
|||2021<br>f|2021<br>f|2020f|2020f|
||Cash at bank and In hand|942,692|20,575|915,593|20,575|
|||942,692|20,575|915,593|20,575|





## 

## 

|16.|CREDITORS: AMOUNTS|FAWNG DUE WI|THIN ONE YEAR||||
|---|---|---|---|---|---|---|
||||Group|Charity|Group|Charity|
||||Total|Total|Total|Total|
||||2021|2021|2020|2020|
||||E|E|E|E|
||Creditors||188,276||121,136||
||Other creditors||142,18$||245,307||
||Social security and other taxes||84W2||79,456||
||Accruals||1$4,11$||74,024||
||Deferred income||1,104,972||1,301,496||
||Hire purchase||12,696||8,231||
||Loans||78,924||25,770||
||Balance due to group|undertakings|||||
||||1,745,596||1,855,420||
|17.|CREDITORS: AMOUNTS|FALUNG DUE AFTER MORE THAN ONE YEAR|||||



|||Group|Charity|Group|Charity|
|---|---|---|---|---|---|
|||Total|Total|Total|Total|
|||2021|2021|2020|2020|
|||E|E|E|E|
|Loans||275,0$0||347,215||
|Deferred|income|||||
|Hire purchase||40,815||10,147||
|||315,845||357,362||





## 

## 

## 

## 

|he move|ment<br>i|n deferred income<br>in|the year can be seen bel|ow:||
|---|---|---|---|---|---|
|||||Total|Total|
|||||2021|2020|
|||||E|E|
|Balance|at the start ofthe reporting||pedod|1,301,496|1,042,073|
|Amounts|added|in the current period||2,950,969|3,038,116|
|Amounts|released to income from previous periods|||(SS147,49R|J22778693|
|Balance|atthe|end ofthe reporting|period|1,104,972|1,301,496|



|||Advance|fees|Final term|deposits|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
||||E|E||
|Within|1year|981,227|1,224,S36|123,745|76,660|
|||981,227|1,224,836|123,745|76,660|





## 

## 

## 

||The balance|outstanding|on loans at31August 2021 isf372,9|85(2020:32,120).||
|---|---|---|---|---|---|
||The amount|repayable|on the loan isasfollows:|||
|||||Total|Total|
|||||2021f|2020<br>E|
||Repayable|within one|year|78il24|25,770|
||Repayable|between two and five years||275,0$0|347,215|
|||||$5$,954|372,985|
|20.|HIRE PURCHASE CONTRACTS|||||
|||||Total|Total|
|||||2021|2020|
||||||f|
||Repayable|within 1year||12,696|8,231|
||Repayable|between 2|and 5years|40,815|10,147|
|||||53,511|18,378|



## 

|||Land and|buildings|Other||Motor|vehicles|
|---|---|---|---|---|---|---|---|
|||2021<br>f|2020<br>f|2021f|2020<br>f|2021|2020|
|Within|1year|60,000|60,000|16,689|35,657|5,157|5,602|
|Within|2-5years||||46,869||5,157|
|||60,000|60,000|16,689|82,526|5,157|10,759|





## 

## 

## 

||Balance at 1||||Balance at|
|---|---|---|---|---|---|
||September|||Galas/|$1August|
|~Grou|2020f|Income<br>f|Expendituref|(losses)<br>f|2021<br>f|
|General funds|5,242,920|L468,760|~(L72$,e91||4,987,789|
||5,242,920|3868,760|($,723,891)|-|4,987,789|
|~harl||||||
|General funds|862,430|12,000|(712,000)||162,430|
||862,430|12,000|(712,000)||162,430|
|~revi ~Br||||||
|~Grou|Balance at 1<br>September<br>2019<br>f|Income<br>f|Expenditure<br>f|Gains/<br>(losses)f|Balance at 31<br>August 2020|
|General funds|5,737,71$|3,271,995|(3,766,793)||5,242,920|
||5,737,718|3,271,995|(3,766,398)2,485||5,282(92I283)|
|~Chari||||||
|General funds|962,430|12,000|(112,000)||$62,430|
||962,43D|12,000|(112,000)||862,430|





## 

## 

## 

|RESTRICTED FUNDS||||||||
|---|---|---|---|---|---|---|---|
||||Balance at||||Balance at|
|||1September|||||31August|
||||2020<br>f|Income<br>f|Expenditure<br>f||2021f|
|Job Retention Support <br>Car Park|Grant|||360,140<br>292,799|(360,140)<br> ~8$I3||283P29|
|||||622,930||(360,501)|262+29|
|Iob Retention Support Grant —was provided<br>by the UK Government <br>the COVID 19pandemic<br>by contributing<br>to salary costs for furloughed|||||to support the charity during<br>staff.|||
|Carpark- Donation was received to||restore the car park. Fund is released||||in line with|depreciation.|
|~yggr~sear||||||||
||||Balance at||||Balance at|
|||1|September||||31August|
||||2019|Income|Expenditure||2020|
|~Grou|||E|f||f|f|
|Job Retention Support|Grant|||169,777||(169,777)||
|||||169,777||(169,777)||
|ANALYSIS OF NET ASSETSBETWEEN||FUNDS||||||
|||||Group|||Charity|
|||Unrestricted||Restricted|||Unrestricted|
||||fundsf|fundsf||Total|fundsf|
|Fixed assets|||6,007,832|||6,270,261||
|Fixed assets Investments|||3,907|||3,907|2|
|Net current (liabilities)/assets|||(708,105)|||(708,105)|162,428|
|Long term liabilities|||~[315,845|||(315,845)||
|Total net assets|||4,987,789|262,429||5,250,218|162,430|
|||||Group|||Charity|
|||Unrestricted||Restricted|||Unrestricted|
||||funds|funds||Total|funds|
|||||f||f|f|
|Fixed assets|||5,999,795|||5,999,795||
|Fixed assets investments|||3,907|||3,907|2|
|Net current (liabilities)/assets<br>Long term liabilities|||(403,420)<br>(357,362)||(403,420)<br>~357.332I||862,428|
|Total net assets|||5,242,920|||5,242,920|862,430|



## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

||~Grou|||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E||
||Net Income/(expenditure)<br>forthe reporting||||period|(as per the||||
||Statement ofFinancial Activities)|||||||7,298|(494,798)|
||Adjustments for:|||||||||
||Depreciation<br>charges|||||||91381|89,802|
||Dividends,<br>interest|and rents from investments||||||(24)|(218)|
||Loss/(profit)<br>on sale||offixed assets|||||+755||
||(Increase)/decrease||in stocks|||||(5400)|8,202|
||(Increase)/decrease||in debtors||||446,808||(213,105)|
||Increase/(decrease)||in creditors||||(167/43)||7,710|
||Net cash provided|by/(used<br>in) operating activities|||||374,575||(602,407)|
||Analysis ofCash and||Cash Equivalents|||||||
||Cash in hand||||||942692||915593|
||Total Cash and Cash||Equivalents||||942,692||915,593|
||Anal<br>slsofcha<br>es|in net funds||||||||
|||||||New||Other|ealance|
||||Opening|||finance|Interest|non-cash|carried|
||||balance|Cash-flows||leases|changes|changes|forward|
||||E||E|E|E||6|
|Cash|||915,592|27,100|||||942,692|
|Loans|falling due within|||||||||
|one year|||(25,770)|35,361|||(S,683)|(84,832)|(78,924)|
|Bank|loans falling due after|||||||||
|more|than one year||(347,215)|||||72,185|(275,030)|
|Finance lease obligations|||(18,378)|13,819||(43,572)|(5,380)||(53,511)|
|Total|||524,229|76,280||(43,572)|(9,063)|(12,467)|535,227|





## 

## 

|||||Total|
|---|---|---|---|---|
|||Unrestricted|Restdcted|funds|
|~Grou||funds<br>f|funds<br>f|2020<br>f|
|Income and endowments|from:||||
|Donations and legacies||59,563|169,777|229,340|
|Charitable<br>activities||3,079,035||3,079,035|
|Investments||218||218|
|Trading company<br>income||133,179||133,179|
|Totalincome ond endowments||3,271,995|169,777|3,441,772|
|Expenditure on:|||||
|Charitable<br>activities||3,766,793|169,777|3,936,570|
|Total expenditure||3,766,793|169,777|3,936,570|
|iyet income/(expenditure]||(494,798)||(494,798)|
|Recondliatlon<br>af Funds|||||
|Total funds brought forward||5,737,718||5,737,718|
|Totalfunds confed forwonf||5,242,925|.|5,242,929|
|||||Total|
|||Unrestricted|Restricted|funds|
|Ca||funds|funds|2020|
|||f|f|f|
|Income and endowments|from:||||
|Donations and legacies|||||
|Charitable<br>activities||12,000||12,000|
|Total income and endowments||12,000||12,000|
|Expenditure<br>on:|||||
|Charitable<br>activities||112,000||112,000|
|Total expenditure||112,000||112,000|
|Net movement<br>infunds||(100,000)||(100,000)|
|Recondliation ofFunds|||||
|Total funds brought forward||962,430||962,430|
|Totalfunds carried forward||862,430||862,430|