##
##
||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|5|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet||8|to|9|
|Cash Flow Statement|||10||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||12|to|21|
|Detailed Statement ofFinancial Activities||22|to|23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Independent|Examiner||||||
|---|---|---|---|---|---|---|
|Jennifer Davies FCA qualified|||member of||||
|ICAEW|||||||
|Revell Ward|Limited||||||
|Bates Mill|||||||
|Colne Road|||||||
|Huddersfield|||||||
|HD13AG|||||||
|Bankers|||||||
|HSBCUK|||||||
|2 Cloth Hall|Street||||||
|Huddersfield|||||||
|HD1 2ES|||||||
|QUALIFYING THIRD||PARTY||INDEMNITY|PROVISIONS||
|The company|purchased|insumnce||for liabilities|incurred by its directors in carrying|out their duties.|
##
##
##
##
##
||||||31.8.21|31.8.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes||f.|f||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||3|329,050|122,822|451,872|335,901|
|Charitable
activities|||||||
|Provision ofeducation|||119,187||119,187|166,395|
|Other income|||120||120|~3338|
|Total|||448,357|122,822|571,179|502,158|
|EXPENDITURE ON|||||||
|Raising funds||5|2,849||2,849|1,917|
|Charitable
activities||6|||||
|Provision ofeducation|||290,768||290,768|270,554|
|Governance
costs|||1,137||1,137|1,083|
|Eden Welfare|||19,013|97,156|116,169|103,593|
|Total|||313,767|97,156|410,923|377,147|
|NET INCOME|||134,590|25,666|160,256|125,011|
|RECONCILIATION|OFFUNDS||||||
|Total funds brought fortvard|||1,053,949|10,532|1,064,481|939,470|
|TOTAL FUNDS CARRIED FORWARD|||1,188,539|36,198|~124 737|~1,064481|
##
|||||31.8.21|31.8.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund|fundI|funds|funds|
|FIXEDASSETS||||||
|Tangible assets|13|1,159,185||1,159,185|1,154,675|
|Investments|14|1||1|1|
|||1,159,186||1,159,186|1,154,676|
|CURRENT ASSETS||||||
|Debtors|15|107,333||107,333|66,914|
|Cash at bank and in hand||88209|36 198|124,407|90,122|
|||195,542|36,198|231,740|157,036|
|CREDITORS||||||
|Amounts
falling due within one year|16|(40,189)||(40,189)|(14,231)|
|NET CURRENT ASSETS||155,353|~36198|191,551|142,805|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,314,539|36,198|1,350,737|1,297,481|
|CREDITORS||||||
|Amounts
falling due after more than one year|17|(126,000)||(126,000)|(233,000)|
|NET ASSETS||~1188539|~36 198|1,224,737|1,064,481|
|FUNDS|19|||||
|Unrestricted
funds||||1,188,539|1,053,949|
|Restricted funds||||36,198|10,532|
|TOTAL FUNDS||||~1224,737|1,064,481|
##
##
##
||||31.8.21|31.8.20|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operating|activities||||
|Cash generated
from operations|||181,119|132,682|
|Net cash provided
by operating
activities|||181,119|132,682|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets|||(15,634)|(32,415)|
|Loan with subsidiary|||~41,200|(15,000)|
|Net cash used in investing|activities||~56,834)|~47,415)|
|Cash tlows from financing|activities||||
|New loans in year|||45,000|48,000|
|Loan repayinents
in year|||(135,000)|~94500)|
|Net cash used in financing|activities||~90,000)|~46,500)|
|Change in cash and cash|equivalents|in the|||
|reporting
period|||34,285|38,767|
|Cash and cash equivalents|at the beginning||||
|ofthe reporting
period|||90,122|51,355|
|Cash and cash equivalents|at the end|ofthe|||
|reporting
period|||~(24 407|90,122|
##
|RECONCILIATION|RECONCILIATION|OFNET INCOME TO NKT CASH FLOW FROM|OFNET INCOME TO NKT CASH FLOW FROM|OPERATING|||
|---|---|---|---|---|---|---|
|ACTIVITIES|||||||
|||||31.8.21||31.8.20|
|Net income for the|reporting||period (asper the Statement ofFinancial||||
|Activities)||||160,256||125,011|
|Adjustments
for:|||||||
|Depreciation
charges||||34,284||35,667|
|Donated fixed asset||||(23,500)|||
|Decrease/(increase)|in|debtors||781||(28,473)|
|Increase in creditors||||9,298|'|477|
|Net cash provided|by|operations||181,119||132,682|
##
|ANALYSIS|OF CHAN|GES IN NET DEBT||||
|---|---|---|---|---|---|
||||At 1.9.20|Cash flow|At 31.8.21|
||||||I|
|Net cash||||||
|Cash atbank|and in hand||90,122|34,285|124,407|
||||90,122|~34 285|124,407|
|Debt||||||
|Debts falling|due within|1 year|(2,000)|(17,000)|(19,000)|
|Debts falling|due after 1|year|~233,000|107,000|(126,000)|
||||(235,000)|90,000|~145,000|
|Total|||~144,878)|124285|~20,593|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONATIONS
AND LEGACIES|||
|---|---|---|
||31.8.21|31.8.20|
|Donations|382,030|303,943|
|Gift aid|46,342|31,958|
|Donated fixed assets, services &facilities|23,500||
||451,872|~335 901|
##
|INCOME FROM CHAR|ITAB|LE ACTIVITIES|||
|---|---|---|---|---|
||||31.8.21|31.8.20|
|||Activity|||
|Grants||Provision ofeducation|12,146|83,407|
|Provision ofeducation||Provision ofeducation|107,041|82,988|
||||119,187|166,395|
|Grants received, included|in the|above, are as follows:|||
||||31.8.21|31.8.20|
|Kirklees Small Business Grant||||20,000|
|PayPal Giving Fund Grant
Kirklees Covid19 Welfare|Grants||3,880|914
1,500|
|Job Retention
Scheme|||8,266|60,993|
||||12,146|83,407|
##
||Raising donations|and legacies||||||
|---|---|---|---|---|---|---|---|
|||||||31.8.21|31.8.20|
||Fundraising
costs|||||2,849|~1917|
|6.|CHARITABLE ACTIVITIES||COSTS|||||
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 7)|note 8)|Totals|
||Provision ofeducation||||163,967|126,801|290,768|
||Governance
costs|||||1,137|1,137|
||Eden Welfare||||116,169||116,169|
||||||~280 136|~127938|~408 074|
|7.|DIRECT COSTSOF CHARITABLE ACTIVITIES|||||||
|||||||31.8.21|31.8.20|
||Staff costs|||||154,298|145,545|
||Rent|||||6,797|2,278|
||Adult education
- sundry||||||800|
||Child education - sundry|||||2,872|3,303|
||Donation
payments|||||116,169|~103593|
|||||||280,136|~255 519|
|8.|SUPPORT COSTS|||||||
|||||||Governance||
||||Management|Premises|Administmtion|costs|Totals|
||Provision ofeducation||16,370|91,457|15,593|3,381|126,801|
||Governance
costs|||||1,137|~1137|
||||16,370|91,457|~15 593|4,518|~127938|
##
##
|Net income/(expenditure)|Net income/(expenditure)|is stated atter charging/(crediting):|||
|---|---|---|---|---|
||||31.8.21|31.8.20|
|Depreciation|—owned assets||34,284|35,667|
|Independent|examiner's|remuneration|~1137|1,083|
|10.|TRUSTEES' REMUNERATION|TRUSTEES' REMUNERATION|AND BENEFITS|AND BENEFITS|||
|---|---|---|---|---|---|---|
||||||31.8.21|31.8.20|
||Trustees' salaries|||||6,500|
||Trustees' pension contributions|to|money purchase|schemes||171|
|||||||6,671|
##
##
|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||31.8.21|31.8.20|
|Wages and salaries||||169,598|164,569|
|Social security costs|||||1,821|
|Other pension costs||||1,070|854|
|||||170,668|167,244|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||31.8.21|31.8.20|
|Total||||31|30|
##
##
||No employees
received|emoluments|in excess off60,000.||||
|---|---|---|---|---|---|---|
|12.|COMPARATIVES FOR THE STATEMENT OFFINANCIAL|||ACTIVITIES|||
|||||Unrestricted|Restricted|Total|
|||||fund|fundf|funds|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||228,408|107,493|335,901|
||Charitable
activities||||||
||Provision ofeducation|||166,395||166,395|
||Other income|||~138)||~133|
||Total|||394,665|107,493|502,158|
||EXPENDITURE ON||||||
||Raising funds|||1,917||1,917|
||Charitable
activities||||||
||Pmvision ofeducation|||270,554||270,554|
||Governance
costs|||1,083||],083|
||Eden Welfare||||103,593|103,593|
||Total|||273,554|103,593|377,147|
||NET INCOME|||121,111|3,900|125,011|
||RECONCILIATION|OFFUNDS|||||
||Total funds brought forward|||932,838|6,632|939,470|
||TOTAL FUNDS CARRIED FORWARD|||1,053,949|10532|1,064,481|
##
##
|TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
|||Fixtures||||
||Freehold|and|Motor|Computer||
||properly|fittings
f.|vehicles|equipment
f|Totals|
|COST||||||
|At 1 September 2020|1,279,719|71,468||9,302|1,360,489|
|Additions|14,151|1,143|23,500||38,794|
|At 31 August 2021|1,293,870|72,611|~23 500|9,302|1 399283|
|DEPRECIATION||||||
|At 1 September 2020
Charge for year|132,010
~25278|68,411
1,130|5,875|5393
2,001|205,814
34,284|
|At 31 August 2021|~157288|~69541|~5875|7,394|240,098|
|NET BOOK VALUE
At 31August 2021|1,136,582|~3070|17,625|1,908|1,159,185|
|At 31August 2020|1 147709|~3057||~3909|1,154,675|
##
##
##
|DEBTO|RS:AMOUNTS FALLING DUK WITHIN ONE YEAR|||
|---|---|---|---|
|||31.8.21|31.8.20|
||||I|
|Amounts|owed by group undertakings|56,200|15,000|
|Gift Aid|claim|44,070|29,625|
|Prepayments
and accrued income||7,063|22,289|
|||107,333|~66 914|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||31.8.21|31.8.20|
||||I|
|Other loans (see note 18)||19,000|2,000|
|Other creditors||227|205|
|Accruals|and deferred income|20,962|~12026|
|||40,189|~14 231|
|31.8.21
I|31.8.20
f|
|---|---|
|126,000|~233 000|
##
|An analysis ofthe maturity ofloans is given below:|||
|---|---|---|
||31.8.21|31.8.20|
|Amounts
falling due within one year on demand:|||
|Other loans|19,000|2,000|
|Amounts
falling between one and two yems:|||
|Other loans - 1-2years|~10 000|74,000|
|Amounts
falling due between two and five years:|||
|Other loans - 2-5 years|~116000|159,000|
##
##
##
|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.9.20|in funds|31.8.21|
||||||f||
|Unrestricted|funds||||||
|General fund||||1,053,949|134,590|1,188,539|
|Restricted funds|||||||
|Eden Welfare||||10,532|25,666|36,198|
|TOTAL FUNDS||||~1064,481|~160256|1,224,737|
|Net movement|in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General
fund||||448,357|(313,767)|134,590|
|Restricted funds|||||||
|Eden Welfare||||122,822|(97,156)|25,666|
|TOTAL FUNDS||||571,179|~410,923)|160,256|
|Comparatives|for movement|in|funds||||
||||||Net||
||||||movement|At|
|||||At 1.9.19|in funds|31.8.20|
|||||||f|
|Unrestricted|funds||||||
|General fund||||932,838|121,111|1,053,949|
|Restricted funds|||||||
|Eden Welfare||||6,632|3,900|10,532|
|TOTALFUNDS||||939,470|125,011|1,064,481|
##
|||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|
|RELATED PARTY|DISCLOSURES||||
||||31.8.21|31.8.20|
|Loan made to TEFHoneybee Ltd (wholly owned subsidiary)|||56,200|15,000|
|Loan from Trustees -|M A Manzoor|||85,000|
|Rent paid to Trustees|—M A Manzoor||6,797|2.266|
|Consultancy
fees paid|to Trustees -IHussain||23,232|4 032|
##
##
||||31.8.21|31.8.20I|
|---|---|---|---|---|
|INCOME|AND ENDOWMENTS||||
|Donations|and legacies||||
|Donations|||382,030|303,943|
|Gift sid|||46,342|31,958|
|Donated lixed assets, services &facilities|||23,500||
||||451,872|335,901|
|Charitable|activities||||
|Grants|||12,146|83,407|
|Pmvision|ofeducation||107,041|82,988|
||||119,187|166,395|
|Other income|||||
|Insurance|claim|||(692)|
|Bank error compensation||||299|
|Room hire|income||30|255|
|Toy sale|||90||
||||120|~138)|
|Total incoming resources|||571,179|502,158|
|EKPENDITURE|||||
|Raising donations||and legacies|||
|Fundraising
costs|||2,849|1,917|
|Charitable|activities||||
|Wages|||153,228|143,041|
|Social security||||1,821|
|Pensions|||1,070|683|
|Rent|||6,797|2,278|
|Adult education -||sundry||800|
|Child education - sundry|||2,872|3,303|
|Donation|payments||116,169|~103593|
||||280,136|255,519|
##
|||||31.8.21|31.8.20|
|---|---|---|---|---|---|
|Support costs||||||
|Management||||||
|Trustees' salaries|||||6,500|
|Trustees' pension|contributions||||171|
|Wages||||16,370|15,028|
|||||16,370|21,699|
|Premises||||||
|Rates and water||||1,615|4,578|
|Insurance||||6,048|5,256|
|Light and heat||||19,074|14,819|
|Sundries||||2,041|3,933|
|Repairs and renewals||||7,075|18,523|
|'Legal and professional||fees||23,595|5,302|
|Cleaning||||5,601||
|Depreciation offreehold
Depreciation offixtures|||property
and fittings|25,278
~1130|24,994
~7857|
|||||91,457|85,262|
|Administration||||||
|Telephone
and other communications||||1,406|1,231|
|Postage and stationery||||2,067|2,025|
|Payroll processing|costs|||2,069|2,157|
|Maktab management||software||1,200|1,300|
|Computer
expenses||||528||
|Motor expenses||||447||
|Depreciation oftangible|||fixed assets|7,876|2,816|
|||||15,593|9,529|
|Governance
costs||||||
|Accountancy
fees||||3,381|2,138|
|Independent
examiner's|||remuneration|1,137|1,083|
|||||~4518|3,221|
|Total resources expended||||410,923|~377 147|
|Net income||||160,256|125,011|