| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| Statement of Trustees' Responsibilities | |||
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 18 |
| Detailed Statement ofFinancial Activities | 19 | to | 20 |
| 31.8.20 | 31.8.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | g | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
3 | 228,408 | 107,493 | 335,901 | 293,710 | |
| Charitable activities |
||||||
| Pmvision ofeducation | 166,395 | 166,395 | 112,183 | |||
| Other income | (138 | ~338) | 1,384 | |||
| Total | 394,665 | 107,493 | 502,158 | 407,277 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 1,91'7 | 1,917 | 3,006 | |||
| Charitable activities |
||||||
| Provision ofeducation | 270,554 | 270,554 | 274,869 | |||
| Governance costs |
1,083 | 1,083 | 1,045 | |||
| Eden Welfare | 103,593 | 103,593 | 44,680 | |||
| Total | 273,554 | 103,593 | 377,147 | 323,600 | ||
| NET INCOME | 121,111 | 3,900 | 125,011 | 83,677 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 932,838 | 6,632 | 939,470 | 855,793 | ||
| TOTAL FUNDS CARRIED FORWARD | 1053949 | 10532 | 1054481 | 939470 |
| 31.8.20 | 31.8.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 6 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 11 | 1,154,675 | 1,154,675 | 1,157,587 | |
| Investments | 12 | 1 | 1 | 1 | |
| 1,154,676 | 1,154,676 | 1,157,588 | |||
| CURRENT ASSETS | |||||
| Debtors | 13 | 66,914 | 66,914 | 23,441 | |
| Cash at bank and in hand | 79,590 | 10,532 | 90,122 | 51,355 | |
| 146,504 | 10,532 | 157,036 | 74,796 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (14,231) | (14,231) | (105,914) | |
| NET CURRENT ASSETS | 132,273 | ~10532 | 142,805 | ~31,118) | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,286,949 | 10,532 | 1,297,481 | 1,126,470 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
15 | (233,000) | (233,000) | (187,000) | |
| NET ASSETS | 1,033949 | 1~ 332 | 1.064,481 | 939,470 | |
| FUNDS | 17 | ||||
| Unrestricted funds |
1,053,949 | 932,838 | |||
| Restricted funds | 10,532 | 6,632 | |||
| TOTAL FUNDS | 1064481 | 939470 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 31.8.20 | 31.8.19 | |
| Donations | 303,943 | 262,954 |
| Gift aid | 31,958 | 24,126 |
| Donated services and facilities | 6630 | |
| 335,901 | ~293 710 |
| Direct | Support | ||||
|---|---|---|---|---|---|
| Costs (see | costs (see | ||||
| note 5) | note 6) | Totals | |||
| Provision of | education | 151,926 | 118,628 | 270,554 | |
| Governance | costs | 1,083 | 1,083 | ||
| Eden Welfare | ~103593 | 103,593 | |||
| ~255 519 | 119,711 | 375,230 | |||
| DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||
| 31.8.20 | 31.8.19 | ||||
| Staffcosts | 145,545 | 152,444 | |||
| Rent | 2,278 | ||||
| Adult education | —sundry | 800 | 650 | ||
| Child education | - sundry | 3,303 | 8,898 | ||
| Donation payments | 103,593 | 44,680 | |||
| 255,519 | ~206 672 |
| SUPPORT | COSTS | |||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| Management | Premises | Administration | costs | Totals | ||
| Provision of | education | 21,699 | 85,262 | 9,529 | 2,138 | 118,628 |
| Governance | costs | ~1083 | 1,083 | |||
| 21,699 | 85,262 | 9,529 | 3,221 | 119,711 |
| Net income/(expenditure) | Net income/(expenditure) | is stated after charging/(crediting): | ||
|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||
| 8 | ||||
| Depreciation | -owned assets | 35,667 | 33,140 | |
| Independent | examiner's | remuneration | 1,083 | ~1045 |
| TRUST | EES' RE | MUNERATI | ON | AND | BENEF | ITS | ||
|---|---|---|---|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||||||
| Trustees' | salaries | 6,500 | 19,500 | |||||
| Trustees' | pension | contributions | to | money | purchase | schemes | 171 | 479 |
| ~6671 | 19,979 |
| 9. | STAFFCOSTS | |||||||
|---|---|---|---|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||||||
| Wages and salaries | 164,569 | 184,969 | ||||||
| Social security costs | 1,821 | 1,888 | ||||||
| Other pension costs | 854 | 1,036 | ||||||
| ~167 244 | ~187893 | |||||||
| The average monthly | number ofemployees | during the year was as follows: | ||||||
| 31.8.20 | 31.8.19 | |||||||
| Total | 30 | 30 | ||||||
| No employees received |
emoluments | in excess off60,000. | ||||||
| lb. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | ||||||
| fund | fund | funds | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
243,444 | 50,266 | 293,710 | |||||
| Charitable activities |
||||||||
| Provision ofeducation | 112,183 | 112,183 | ||||||
| Other income | ~1384 | 1,384 | ||||||
| Total | 357,011 | 50,266 | 407,277 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 3,006 | 3,006 | ||||||
| Charitable activities |
||||||||
| , | Provision ofeducation | 274,869 | 274,869 | |||||
| Governance costs |
1,045 | 1,045 | ||||||
| Eden Welfare | 44,680 | 44,680 | ||||||
| Total | 278,920 | 44,680 | 323,600 | |||||
| NET INCOME | 78,091 | 5,586 | 83,677 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 854,747 | 1,046 | 855,793 |
| 10. | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | OF FINANCIAL | ACTIVITIES | -continued | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | fundf | funds | ||||
| TOTAL FUNDS CARRIED FORWARD | 932,838 | 6,632 | 939,470 | |||
| 11. | TANGIBLE FIXEDASSETS | |||||
| Fixtures | ||||||
| Freehold | and | Coinputer | ||||
| property | fittings | equipment | Totals | |||
| 8 | ||||||
| COST | ||||||
| At 1 September 2019 | 1,253,028 | 71,128 | 3,578 | 1,327,734 | ||
| Additions | 26,691 | 340 | 5 724 | 32,755 | ||
| At 31August 2020 | ~1,279719 | 71,468 | 9,302 | 1,360,489 | ||
| DEPRECIATION | ||||||
| At 1 September 2019 | 107,016 | 60,554 | 2,577 | 170,147 | ||
| Charge for year | 24,994 | 7,857 | 2,816 | 35,667 | ||
| At 31August 2020 | 132,~10 | 68411 | 5,393 | ~205 814 | ||
| NET BOOKVALUE | ||||||
| At 31August 2020 | 1,147,709 | 3,1157 | 3909 | 1,154,675 | ||
| At 31August 2019 | 1146012 | 10,574 | 1,001 | 1157587 | ||
| 12. | FIXEDASSETINVESTMENTS | |||||
| Shares in | ||||||
| group | ||||||
| undertakings | ||||||
| COSTLESSIMPAIRMENT- | ||||||
| At 1 September 2019and | 31August 2020 | |||||
| NET BOOK VALUE | ||||||
| At 31August 2020 | ||||||
| At 31August 2019 | ||||||
| There were no investment | assets outside the UK. |
| 13. | DEBTO | RS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.8.20 | 31.8.19 | |||
| I | ||||
| Amounts | owed by group undertakings | 15,000 | ||
| Gift Aid | claim | 29,625 | 17,145 | |
| Prepayments and accrued income |
22,289 | ~6296 | ||
| 66,914 | 23,441 | |||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.8.20 | 31.8.19 | |||
| Other loans (see note 16) | 2,000 | 94,500 | ||
| Other creditors | 205 | |||
| Accruals | and deferred income | 12,026 | 11414 | |
| ~14 231 | 105914 |
| 31.8.20 | 31.8.19 |
| 6 | |
| 233,000 | 187,000 |
| An analysis ofthe maturity ofloans is given below: | ||
|---|---|---|
| 31.8.20 | 31.8.19 | |
| Amounts falling due within one year on demand: |
||
| Other loans | 2,000 | 94,500 |
| Amounts falling between one and two years: |
||
| Other loans - 1-2years | 74,000 | 17,000 |
| Amounts falling due between two and five years: |
||
| Other loans - 2-5 years | 159,000 | 170,000 |
| I'7. | MOVEMENT IN FUNDS | MOVEMENT IN FUNDS | |||||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At 1.9.19 | in funds | 31.8.20 | |||||
| Unrestricted | funds | ||||||
| General fund | 932,838 | 121,111 | 1,053,949 | ||||
| Restricted funds | |||||||
| Eden Welfare | 6,632 | 3,900 | 10,532 | ||||
| TOTAL FUNDS | ~939 470 | 125,011 | 1~064481 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 394,665 | (273,554) | 121,111 | ||||
| Restricted funds | |||||||
| Eden Welfare | 107,493 | (103,593) | 3,900 | ||||
| TOTAL FUNDS | 502,158 | ~377,147) | 125,011 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1.9.18 | in funds | 31.8.19 | |||||
| 6 | f, | ||||||
| Unrestricted | funds | ||||||
| General fund | 854,747 | 78,091 | 932,838 | ||||
| Restricted funds | |||||||
| Eden Welfare | 1,046 | 5,586 | 6,632 | ||||
| TOTAL FUNDS | 855,793 | 83,677 | 939,470 |
| Comparative | net movement in fun |
ds, included in the above are |
as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| f. | 8 | ||||
| Unrestricted | funds | ||||
| General fund | 357,011 | (278,920) | 78,091 | ||
| Restricted funds | |||||
| Eden Welfare | 50,266 | (44,680) | 5,586 | ||
| TOTAL FUNDS | 407,277 | ~323 600) | 83,677 | ||
| RELATED PARTY DISCLOSURES | |||||
| 31.8.20 | 31.8.19 | ||||
| Loan made to TEFHoneybee Ltd | (wholly owned subsidiary) | 15,000 | |||
| Loan I'mm Trustees - M A Manzoor | 85,000 | 50,000 | |||
| Rent paid to | company controlled | by Trustee -M A Manzoor | 2,266 | ||
| Consultancy | fees paid to Trustees | - IHussain | 4,032 |
| 31.08.20 | 31.08.19 | ||||||
|---|---|---|---|---|---|---|---|
| Financial | assets that | are debt | instruments | measured | at amortised cost | 734747 | 68 500 |
| Financial | liabilities | measured | at amortised | cost | 235 000 | 281,500 |
| 31.8.20 | 31.8.19 | ||||
|---|---|---|---|---|---|
| INCOME | AND | ENDOWMENTS | |||
| Donations | and | legacies | |||
| Donations | 303,943 | 262,954 | |||
| Gift aid | 31,958 | 24,126 | |||
| Donated services | and facilities | 6,630 | |||
| 335,901 | 293,710 | ||||
| Charitable | activities | ||||
| Grants | 83,407 | ||||
| Pmvision | ofeducation | 82,988 | 112,183 | ||
| 166,395 | 112,183 | ||||
| Other income | |||||
| Insurance | clairu | (692) | 1,384 | ||
| Bank error | compensation | 299 | |||
| Room hire | income | 255 | |||
| ~138 | 1,384 | ||||
| Total incoming | resources | 502,158 | 407,277 | ||
| EXPENDITURE | |||||
| Raising donations | and legacies | ||||
| Fundraising | costs | 1,917 | 3,006 | ||
| Charitable | activities | ||||
| Wages | 143,041 | 149,999 | |||
| Social security | 1,821 | 1,888 | |||
| Pensions | 683 | 557 | |||
| Rent | 2,278 | ||||
| Adult education | - | sundry | 800 | 650 | |
| Child education | - suifdry | 3,303 | 8,898 | ||
| Donation payments | 103,593 | 44,680 | |||
| 255,519 | 206,672 | ||||
| Support costs | |||||
| Management | |||||
| Trustees' | salaries | 6,500 | 19,500 | ||
| Trustees' | pension | contributions | 171 | 479 | |
| Carried forward | 6,671 | 19,979 |
| 31.8.20 | 31.8.19 | |||
|---|---|---|---|---|
| f. | ||||
| Management | ||||
| Brought forward Wages |
6,671 ~15 028 |
19,979 15,470 |
||
| 21,699 | 35,449 | |||
| Premises | ||||
| Rates and water | 4,578 | 5,841 | ||
| Insurance | 5,256 | 5,221 | ||
| Light and heat | 14,819 | 15,073 | ||
| Sundries | 3933 | 1,188 | ||
| Bank charges | 419 | |||
| Repairs and renewals | 18,523 | 3,563 | ||
| Legal and professional fees Depreciation of f'reehold property Depreciation offixtures and fittings |
5,302 24,994 ~7857 |
3,749 24,461 7,771 |
||
| 85,262 | 67,286 | |||
| Administration | ||||
| Telephone and other communications |
1,231 | 1,222 | ||
| Postage and stationery Payroll processing costs Donation payments |
2,025 2,157 |
1,788 1,042 3,130 |
||
| Maktab management | sofiware | 1,300 | ||
| Depreciation oftangible | fixed assets | 2,816 | 908 | |
| 9,529 | 8,090 | |||
| Governance costs |
||||
| Accountancy fees |
2,138 | 2,052 | ||
| Independent examiner's |
remuneration | 1,083 | 1,045 | |
| 3,221 | ~3097 | |||
| Total resources expended | 377,147 | ~323 600 | ||
| Net income | 125,011 | 83,677 |