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2020-12-31-accounts

Pacae
Reference and admrmstraave details
Trustees'
Report
2i4
Independent
Exammer's
Report
Statement
of Fmanoal
Acttwties
Balance Sheet
Notes to the accounts 8-I0

for the
e
ar ended 31 Decem ber 2020
Unrestricted Restricted
Funds Funds Total Funds Total Funds
2020 2020 2020 2019
E E E
Incomin resources from enerated funds
Grants and donations 56968 56,968 51,152
Tuition Fees 64,630 64.630 77,757
Interest received 19 19 20
121,617 121,617 128.929
Chantable acsvi ties 123431 123,431 122346
Governance costs 180 180 180
Total resources expended 123.611 123.611 122,526
Net incoming/(outgoing) resources for Ihe year (1,994) (1.994) 6.403
Transfer to designated Construction Fund
(I 994) (1,994) 6,403
Total funds brought forward at 1 January 2020 607.465 I 078,000 1,685,465 1.679062
Total funds carried forward at 31 December 2020 605,471 1,078,000 1,683,471 1,685,465
as at 31 Dece mb er 2020
Notes 2020 2019
2 6
Fixed assets
Tangible assets 1,602,319 1,604,393
Current assets
Cash at bank and in hand 83,207 81,252
83,207 81,252
Current
liabilities
Other liabilities and accruals 5 2,055 'I80
2,055 180
Net current assets 81,152 81,072
Net assets 1,683,471 1,685,465
Funded
by
Unrestncted
funds
605,471 607,465
Restricted funds 1,078,000 1,078,000
Total Funds 1,683,471 1,685.465

2 Charitable activities 2020 2019
2 E
Employee costs
Wages and salaries 98,295 94,908
98,295 94,908
Premises costs'
Rates 1,412 2,447
Light and heat 7,917 9,046
Cleaning
and sundnes
1,096 2,239
10,425 13,732
General
administrative
expenses'
Repairs and maintenance 6,840 4,664
Telephone and stationery 2,636 1,938
Awards
and
pnzes 3,039
Depreciation 2,074 2,766
14,589 9,368
Legal and professional costs
Other legal and professional 122 200
122 200
Total 123,431 118,208
3 Governance 2020 2019
2
Accountancy 180 180
180 180

4 Tangible fixed asse ts
Land and Fixtures
&
buildings Fittings Total
6 6 6
Cost
At 1 January 2020 1,596,095 17,017 1,613,112
Additions
At 31 December 2020 '1,596,095 17,017 1,613,112
Depreciation
At 1 January 2020 8,719 8,719
Charge for the pened 2,074 2,074
At 31 December 2020 10,793 10,793
Net book value
At 31 December 2020 1,596,095 6,224 1,602,319
At 31 December 2019 1,596,095 8,298 1,604,393
5 Creditors: amounts falling due within one year 2020 2019
2 9
Other creditors 2,055 180
2,055 180