**REGISTERED CHARITY NUMBER: 1156110**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2021
for
Smart School Councils Community
Smart School Councils Community
Contents of the Financial Statements for the Year Ended 31 July 2021
||Page|
|---|---|
|Report of the Trustees|1 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8 to 9|
|Notes to the Financial Statements|10 to 18|
|Detailed Statement of Financial Activities|19 to 20|
Smart School Councils Community
## Report of the Trustees
for the Year Ended 31 July 2021
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 July 2021, in compliance with s414C of the Companies Act 2006.
## **OBJECTIVES AND ACTIVITIES**
The principal objective of the organisation is to advance children in life and help children and young people who from time to time may participate in school councils and other forms of student representation and action through:
(a) Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as responsible individuals;
(b) Providing support and activities which develop the skills, capacities and capabilities of those who work with children and young people to listen to and engage with young people.
## **Public benefit**
The Principal Activity during the year continued to be that of providing Education about active involvement in democracy to school children and teachers.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 1
Smart School Councils Community
## Report of the Trustees
for the Year Ended 31 July 2021
## **ACHIEVEMENT AND PERFORMANCE Achievements and performance Achievements**
We are proud that this year represents our strongest period in terms of impact, reach and financial sustainability.
Our quick and impactful COVID-19 response through a new debating programme and prestigious accolades like our NESTA award has given us an exciting launchpad to make a bigger impact in the future.
## **Core programme: Helping every young person's voice be involved in their school**
Our core programme goes from strength to strength. This helps schools involve every young people's voice in their school by setting up a Smart School Council.
We continue to add new elements to our membership programme including half termly expert CPD and key improvements of the digital platform that schools use. This has led to an increase in the number of schools joining the membership, usage within the platform and the proportion of schools of those schools who renew.
Our core programme is supporting around 65,000 pupils per month in democratic engagement in their schools through the Class Meeting Tool.
This work is funded by schools who pay a reasonable annual fee for the platform and service.
We are proud that revenue generated has increased by 48% from the previous year (from £39,847 to £65,387).
"Working with Smart School Councils has been a wonderful experience. It has enabled our students to feel part of their school. It has given them all a voice and provide support it how to enable children to make a change. Our children truly feel a part of their school now, knowing that they can contribute to decision making and being allowed to have their own ideas. Would highly recommend becoming part of the Smart School Council team" Sarah Hassan, Year 4 teacher, South London
"Smart School Council is a fantastic way of running School Council. We run weekly class meetings using SSC's program - the children and their teachers really enjoy it and it is very easy to set up. In honesty, it was just the boost we needed as a school to encourage pupil voice. Great technical support from the team and really great training too. Highly recommended" Andrea Wylde, Year 6 Teacher, East London
"Smart School Council is a great way to promote pupil voice. Children have a chance to share their views both at a primary and secondary level at home or at school. It's fun, engaging and relevant! I would definitely recommend schools to get involved" Davinder Hothi, Year 5 Teacher, Bradford
## **Big Debate Club**
We rebranded our pandemic project (Home Debate Club) to be called Big Debate Club. This was because more groups were taking part in schools as life began to get back to normal.
The project enables any class, group or family to take part in a short, online, guided debate to help build better oracy skills. They visit bigdebateclub.com, choose a debate and get started.
Funded by UBS, this project reached over 30,000 young people over the course of the year to participate in debates. Those in more marginalised areas were over-represented in these debates.
Page 2
Smart School Councils Community
## Report of the Trustees
## for the Year Ended 31 July 2021
Six debates were sponsored by the Restoration and Renewal team at the Houses of Parliament, who used the tool as an innovative approach to involve young people's voices.
In general, the project has led to a high level of goodwill from both new schools but also our existing schools who see it as another tool to get their pupils discussing and using their voice.
"A wonderful project that is so beneficial - The Big Debate Club, without a shadow of a doubt, boosted the confidence of some of our most reserved students.
Not simply in producing and recording the questions for debate but from the engagement and enthusiasm from their peers. Not only this, but their speaking and listening skills have developed too. We have an entire cohort of children eager to be the next Big Debate Club leads"
Rebeccca Austin, Assistant Head Teacher, London,
" Smart School Councils have been great partners to work with. Creating and promoting a series of debates and resources through The Big Debate Club allowed us to consult with young people in a meaningful way, breaking down complex topics to be engaging and relatable. Designed for both the classroom and home learning, these debates allowed us to reach young people from across the UK that we would not otherwise have been able to reach and give them a voice in our work.
By adopting an open, flexible, and collaborative approach to working with us the team ensured that ours, and the participants needs were met throughout. The team were well organised, delivering a range of quality activities within a short period of time without compromising on quality. The accompanying reports provided were also vital in helping us to understand both the quantitative and qualitative data produced from each debate, helping to ensure that the views of young people inform plans for the restoration of the Palace of Westminster, home of UK Parliament." Corinne Galloway Public Engagement Manager, Houses of Parliament Restoration and Renewal Programme
## **Team London Young Ambassadors**
This year, we were excited to start work on our first major partnership programme with Volunteering Matters. Funded by the Mayor of London, we helped Volunteering Matters to deliver a social action programme for marginalised young people in Special Educational Needs schools and Pupil Referral Units.
**Case study:** Youth Voice at New bridge College
Our approach for involving all young people in decision-making in their school has started to be used outside the school setting. During Covid, we worked hard to create the online Big Debate Club, which took debating out of the classroom and into people's homes. This provided a new way of canvassing the voice of young people.
For instance, a partnership with the UK Parliament allowed the voices of school children to be heard in decisions regarding the refurbishment of the Houses of Parliament.
We partnered with local schools for this year's Big Debate Club to allow school children to choose the debate question to be put to the country at large
"The Smart School Councils team were so supportive, helping with set up and providing suggested debate ideas to get everything kicked off. Every Monday morning we have a debate and the students have been really engaged. The best debate of the last year was about Marcus Rashford and racism.
Page 3
Smart School Councils Community
## Report of the Trustees
## for the Year Ended 31 July 2021
It got the students talking about how people get treated differently because of race. They have become a lot better at listening to each other's views and making sure all their voices and opinions are heard. Next year we are introducing communications and actions teams so that everything is run by the students themselves. We want to use the debates to discuss school issues so that we can understand the students' perspective and give them ownership"
Rizwana Sarwar, teacher at New Bridge College
## **The Young Foundation Social Investment**
During this year, we have successfully paid around 40% of the Young Foundation Social Investment that we raised in 2018/19. We anticipate paying the full balance of this by the end of financial year 21/22. This is three years earlier than we had originally forecasted.
## **FINANCIAL REVIEW**
## Review of financial position
During the year the organisation received income of £229,797 (2020: £80,950) of which £167,410 (2020: £29,726) was restricted grant Income. In the same period the Expenditure totalled £165,882 giving a net surplus of £64,062 (2020: £26,725).
Smart School Councils Community operates a Reserves Policy which aims to retain unrestricted reserves equivalent to three months' worth of ordinary running costs.The reserves policy is reviewed annually by the trustees to ensure it meets the demands and requirements of current charity performance.
Based on the planned expenditure for the year to July 2022 the Trustees would aim to hold minimum unrestricted reserves at the start of the year of £47,448 (2020: £10,931). The actual unrestricted reserves balance on 31 July 2021 was £49,965 (2020: £20,879).
Page 4
Smart School Councils Community
## Report of the Trustees
for the Year Ended 31 July 2021
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Nature of governing document**
The charity is constituted as a Charity Incorporated Organisation and is registered with the Charity Commission for England and Wales with the registration number 1156110. The charity is governed by the standard constitution document which includes voting members other than its charitable trustees which is dated 14 August 2014.
Trustees are appointed by the decision of the members at the annual general and rotate by resignation of one third of their number on an annual basis.
The two founder members of the Charity, Asher Jacobsberg and Greg Sanderson are not Trustees. Greg Sanderson is an active Manager within the Organisation, and Asher Jacobsberg left the Organisation in July 2017.
## **Additional Governance Matters**
Smart Schools Councils employs three full time members of the staff, Greg Sanderson, Director, on a full time basis. The trustees are responsible for managing and assessing Greg's performance.
The organisation also employs a number of associates to deliver training and provide expert support on an ad hoc basis. Associates are managed by Greg Sanderson, the Director. The trustees regularly review the risks faced by the Charity at the Trustees' meetings and have developed an Organisation risk register to formalise the procedures.
## **REFERENCE AND ADMINISTRATIVE DETAIL**
## **Registered Charity number**
1156110
## **Registered office**
The Enterprise Centre Bernie Grants Arts Centre Town Hall Approach Rd London N15 4RX
## **Trustees**
James Teasdale Trustee Lucy Macnab Trustee Andrew Moffat Trustee Sam Hockman Chair (appointed 15.3.21)
Approved by order of the board of trustees on ..............30/05/2022...................... and signed on its behalf by:
.......................................................... Lucy Macnab - Trustee
Page 5
Smart School Councils Community
## Report of the Trustees
for the Year Ended 31 July 2021
## **Independent examiner's report to the trustees of Smart School Councils Community ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
………………………………….
Sajjad Jaffer FCCA Cobalt Square 83 Hagley Road Birmingham B16 8QG
Date: ........30/05/2022...............
Page 6
## Independent Examiner's Report to the Trustees of Smart School Councils Community
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
62,387
Investment income
3
147
**Total**
62,534
**EXPENDITURE ON**
Raising funds
285
**Charitable activities**
4
Charitable Activity
29,057
Other
4,106
**Total**
33,448
**NET INCOME**
29,086
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
20,879
**TOTAL FUNDS CARRIED FORWARD**
49,965|Restricted
fund
£
167,410
-
167,410
-
132,434
-
132,434
34,976
2,000
36,976|31.7.21
Total
funds
£
229,797
147
229,944
285
161,491
4,106
165,882
64,062
22,879
86,941|31.7.20
Total
funds
£
80,950
25
80,975
414
49,959
3,877
54,250
26,725
(3,846)
22,879|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
Page 7
Smart School Councils Community
## Statement of Financial Activities for the Year Ended 31 July 2021
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Intangible assets
11
-
**CURRENT ASSETS**
Stocks
12
-
Debtors
13
80,290
Cash at bank
47,972
128,262
**CREDITORS**
Amounts falling due within one year
14
(46,117)
**NET CURRENT ASSETS**
82,145
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
82,145
**CREDITORS**
Amounts falling due after more than one
year
15
(32,180)
**NET ASSETS**
49,965
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
-
-
-
36,976
36,976
-
36,976
36,976
-
36,976|31.7.21
Total
funds
£
-
-
80,290
84,948
165,238
(46,117)
119,121
119,121
(32,180)
86,941
49,965
36,976
86,941|31.7.20
Total
funds
£
10,500
285
8,935
69,069
78,289
(28,763)
49,526
60,026
(37,147)
22,879
20,879
2,000
22,879|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 8
Smart School Councils Community
## Balance Sheet
## 31 July 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on .......30/05/2022...................................... and were signed on its behalf by:
............................................. Lucy Macnab - Chair
The notes form part of these financial statements
Page 9
continued...
Smart School Councils Community Notes to the Financial Statements for the Year Ended 31 July 2021
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
Smart School Councils Community meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The accounts are presented in sterling and are rounded to the nearest pound.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Donations**
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
## **Grants receivable**
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Raising funds**
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
The notes form part of these financial statements
Page 10
Smart School Councils Community
Notes to the Financial Statements for the Year Ended 31 July 2021
## **1. ACCOUNTING POLICIES - continued**
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees's meetings and reimbursed expenses.
## **Intangible assets**
Intangible assets are stated in the Balance Sheet at cost less accumulated amortisation and impairment. They are amortised on a straight line basis over their estimated useful lives.
## **Amortisation**
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
25% on straight line basis
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 11
continued...
Smart School Councils Community
|Notes to the Financial Statements-continued
for the Year Ended 31 July 2021
**2.**
**DONATIONS AND LEGACIES**
Donations
Grants
Membership Income
Charitable Activities
Grants received, included in the above, are as follows:
Other grants
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**CHARITABLE ACTIVITIES COSTS**
Charitable Activity
**5.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Rent
Insurance
Venue and Event Catering costs
Postage and stationery
Advertising
Sundries
Consultancy fees
Travel and subsistence costs
Hosting fees & IT Consumables
Recruitment costs
Subscriptions
Bad Debts
Amortisation|31.7.21
£
97,410
94,712
37,277
398
229,797
31.7.21
£
94,712
31.7.21
£
147
31.7.21
£
95,600
4,754
417
1,500
215
2,555
52
3,814
66
40,673
1,093
252
-
10,500
161,491||
|---|---|---|
||||
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continued...
Smart School Councils Community
## Notes to the Financial Statements - continued for the Year Ended 31 July 2021
## **6. SUPPORT COSTS**
|**SUPPORT COSTS**||||
|---|---|---|---|
|||Governance||
||Finance|
costs|Totals|
||£|£|£|
|Other resources expended|1,396|2,710|4,106|
|Support costs, included in the above, are as follows:||||
|**Finance**||||
|||31.7.21|31.7.20|
|||Other||
|||resources|Total|
|||expended|activities|
|||£|£|
|Bank charges||1,396|933|
|**Governance costs**||||
|||31.7.21|31.7.20|
|||Other||
|||resources|Total|
|||expended|activities|
|||£|£|
|Accountancy fees||2,710|2,945|
## **7. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.7.21|
31.7.20|
|---|---|---|
||£|£|
|Amortisation|10,500|10,500|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 July 2021 nor for the year ended 31 July 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.
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continued...
Smart School Councils Community
Notes to the Financial Statements - continued for the Year Ended 31 July 2021
## **9. STAFF COSTS**
The key management personnel are the Trustees and the co-founder of the charity, Greg Sanderson, who is one of the employees' of the Charity.
No employee received emoluments of more than £60,000 during the year.
|**10.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
62,664
18,286
Investment income
25
-
**Total**
62,689
18,286
**EXPENDITURE ON**
Raising funds
414
-
**Charitable activities**
Charitable Activity
33,673
16,286
Other
3,877
-
**Total**
37,964
16,286
**NET INCOME**
24,725
2,000
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
(3,846)
-
**TOTAL FUNDS CARRIED**
**FORWARD**
20,879
2,000|Total
funds
£
80,950
25
80,975
414
49,959
3,877
54,250
26,725
(3,846)
22,879|
|---|---|
Page 14
continued...
Smart School Councils Community
|Notes to the Financial Statements-continued
for the Year Ended 31 July 2021
**11.**
**INTANGIBLE FIXED ASSETS**
**COST**
At 1 August 2020 and 31 July 2021
**AMORTISATION**
At 1 August 2020
Charge for year
At 31 July 2021
**NET BOOK VALUE**
At 31 July 2021
At 31 July 2020
**12.**
**STOCKS**
Stocks
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments|31.7.21
£
-
31.7.21
£
79,940
211
139
80,290|Website
Tool
£
42,000
31,500
10,500
42,000
-
10,500
31.7.20
£
285
31.7.20
£
8,826
-
109
8,935|
|---|---|---|
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continued...
Smart School Councils Community
## Notes to the Financial Statements - continued for the Year Ended 31 July 2021
|**14.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|
|||31.7.21|
31.7.20|
|||£|£|
||Social security and other taxes|2,045|2,177|
||Other creditors|-|1,284|
||Accruals and deferred income|36,528|17,758|
||Accrued expenses|7,544|7,544|
|||46,117|28,763|
|**15.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**|||
|||31.7.21|
31.7.20|
|||£|£|
||Other creditors|32,180|37,147|
||The charity received social investment in the form of a loan of|£42,000 from The Young||
||Foundation. This was used to develop the class meeting tool - an innovative||online tool to|
||help young people to lead inclusive democratic meetings. The loan became repayable from|||
||September 2019 when it converted into a Revenue Participation Agreement.|||
|**16.**
**MOVEMENT IN FUNDS**
At 1.8.20
£
**Unrestricted funds**
General fund
20,879
**Restricted funds**
Restricted Grants
2,000
**TOTAL FUNDS**
22,879
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
62,534
**Restricted funds**
Restricted Grants
167,410
**TOTAL FUNDS**
229,944|Net
movement
in funds
£
29,086
34,976
64,062
Resources
expended
£
(33,448)
(132,434)
(165,882)|At
31.7.21
£
49,965
36,976
86,941
Movement
in funds
£
29,086
34,976
64,062|
|---|---|---|
Page 16
continued...
Smart School Councils Community
## Notes to the Financial Statements - continued
for the Year Ended 31 July 2021
## **16. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
||Net||
|---|---|---|
||movement|At|
|At 1.8.19|
in funds|31.7.20|
|£|£|£|
|**Unrestricted funds**|||
|General fund
(3,846)|24,725|20,879|
|**Restricted funds**|||
|Restricted Grants
-|2,000|2,000|
|**TOTAL FUNDS**
(3,846)|26,725|22,879|
|Comparative net movement in funds, included in the above are as|follows:||
|Incoming|
Resources|Movement|
|resources|
expended|in funds|
|£|£|£|
|**Unrestricted funds**|||
|General fund
62,689|(37,964)|24,725|
|**Restricted funds**|||
|Restricted Grants
18,286|(16,286)|2,000|
|**TOTAL FUNDS**
80,975|(54,250)|26,725|
|A current year 12 months and prior year 12 months combined position is as follows:|||
||Net||
||movement|At|
|At 1.8.19|
in funds|31.7.21|
|£|£|£|
|**Unrestricted funds**|||
|General fund
(3,846)|53,811|49,965|
|**Restricted funds**|||
|Restricted Grants
-|36,976|36,976|
|**TOTAL FUNDS**
(3,846)|90,787|86,941|
Page 17
continued...
Smart School Councils Community
## Notes to the Financial Statements - continued
## for the Year Ended 31 July 2021
## **16. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted Grants
**TOTAL FUNDS**|Incoming
resources
£
125,223
185,696
310,919|Resources
expended
£
(71,412)
(148,720)
(220,132)|Movement
in funds
£
53,811
36,976
90,787|
|---|---|---|---|
## **17. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 July 2021.
Page 18
continued...
Smart School Councils Community
|Detailed Statement of Financial Activities
for the Year Ended 31 July 2021
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
Membership Income
Charitable Activities
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Opening stock
Purchases
Closing stock
**Charitable activities**
Wages
Social security
Pensions
Rent
Insurance
Venue and Event Catering costs
Postage and stationery
Advertising
Sundries
Consultancy fees
Travel and subsistence costs
Hosting fees & IT Consumables
Recruitment costs
Subscriptions
Bad Debts
Amortisation|31.7.21
£
97,410
94,712
37,277
398
229,797
147
229,944
285
-
-
285
85,480
8,520
1,600
4,754
417
1,500
215
2,555
52
3,814
66
40,673
1,093
252
-
10,500
161,491|31.7.20
£
6,401
-
39,847
34,702
80,950
25
80,975
285
414
(285)
414
26,133
-
599
4,080
432
3,048
284
102
-
1,175
385
4,420
-
-
(1,200)
10,500
49,958|
|---|---|---|
Page 19
Smart School Councils Community
|Detailed Statement of Financial Activities
for the Year Ended 31 July 2021
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy fees
Total resources expended
**Net income**|31.7.21
£
1,396
2,710
165,882
64,062|31.7.20
£
933
2,945
54,250
26,725|
|---|---|---|
This page does not form part of the statutory financial statements
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This page does not form part of the statutory financial statements
Page 21