| Page | |||
|---|---|---|---|
| Trustees' report | 1-3 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Statement ofcash flows | |||
| Notes to the financial | statements | 8-14 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2020 | ||
| Notes | 6 | 6 | |
| lgggme. fmm; | |||
| Charitable activities |
3 | 866,296 | 566,054 |
| gxX~nl ~rn: | |||
| Raising funds | 4 | 81,087 | 16,771 |
| Charitable activities |
5 | 716,279 | 486,865 |
| Total resources expended | 797,366 | 503,636 | |
| Net income for the year/ | |||
| Net movement in funds |
68,930 | 62,418 | |
| Fund balances at 1 February 2020 | (66,062) | (128,480) | |
| Fund balances at 31January 2021 | 2,868 | (66,062) |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 8 | f | |||||
| Fixed assets | |||||||
| Tangible assets | 24,545 | 32,228 | |||||
| Current assets | |||||||
| Debtors | 51,402 | 1,400 | |||||
| Cash at bank and | in | hand | 12,678 | 8,403 | |||
| 64,080 | 9,803 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | 11 | (24,057) | (18,893) | ||||
| Net current assets/(liabilities) | 40,023 | (9,090) | |||||
| Total assets less | current liabilities | 64,568 | 23,138 | ||||
| Creditors: amounts | falling due after | ||||||
| more than one year | 12 | (61,700) | (89,200) | ||||
| Net assets/(ttabg | )ties) | 2,868 | (66,062) | ||||
| Income funds | |||||||
| Unrestricted funds |
2,868 | (66.062) | |||||
| 2,868 | (66,062) |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | ||||||
| Cash flows from operating | activities | |||||||
| Cash (absorbed by)/generated |
from | 14 | ||||||
| operations | (37,725) | 73,918 | ||||||
| Investing activities |
||||||||
| Purchase oftangible fixed |
assets | (500) | (8,940) | |||||
| Net cash used In Investing | activities | (500) | (8,940) | |||||
| Financing activities | ||||||||
| Repayment ofborrowings |
(7,500) | (86,500) | ||||||
| Receipt of bank loans | 50,000 | |||||||
| Net cash generated from/(used |
in) | |||||||
| financing activities |
42,500 | (86,500) | ||||||
| Net increase/(decrease) | in | cash | and | cash | ||||
| equivalents | 4,275 | (21,522) | ||||||
| Cash and cash equivalents | at beginning | ofyear | 6,403 | 29,925 | ||||
| Cash and cash equivalents | at end of | year | 12,678 | 8,403 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| 6 | ||||
| Fundraisin | an | |||
| Advertising | 27,163 | 16,771 | ||
| Other fundraising | costs | 53,924 | ||
| Fundraising | and | publicity | 81,087 | 16,771 |
| 81,087 | 16,771 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 5 | ||||
| Staff costs | 288,210 | 193,729 | ||
| Depreciation | and impairment | 8,182 | 10,743 | |
| Food, refreshments, | support services | 51,835 | 56,912 | |
| Rent | 85,8DD | 78,300 | ||
| Rates | 11,814 | 9,905 | ||
| insurance | 11,500 | 7,021 | ||
| Heat and light | 23,838 | 14,961 | ||
| Repairs and | maintenance | 51,111 | 12,916 | |
| Printing and |
stationery | 6,081 | 4,693 | |
| Telephone | 7,D93 | 2,370 | ||
| Legal and professional | 1,9D3 | 2,198 | ||
| Sundry expenses | 5,067 | 14,101 | ||
| Bank charges and interest | 126 | 185 | ||
| Motor expenses end | travelling | 1,549 | 2,103 | |
| Computer expenses | 534 | 1,759 | ||
| Consultancy | fees | 156,500 | 69,820 | |
| 711,143 | 481,717 | |||
| Governance | costs | 5,136 | 5,148 | |
| 716,279 | 486,865 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Number | Number | ||||
| 16 | 10 | ||||
| Employment | costs | 2021 | 2020 | ||
| 6 | 6 | ||||
| Wages and salaries | 266,956 | 180,444 | |||
| Social security costs | 17,921 | 10,757 | |||
| Other pension | costs | 3,333 | 2,528 | ||
| 288,210 | 193,729 | ||||
| Tangible fixed assets | |||||
| Fixtures sod | Motor vehicles | Total | |||
| ntanas | |||||
| 6 | E | ||||
| Cost | |||||
| At 1 February | 2020 | 62,073 | 5,050 | 67,123 | |
| Additions | 500 | 500 | |||
| At 31 January | 2021 | 62,573 | 5,050 | 67,623 | |
| Depreciation | and impairment | ||||
| At 1 February | 2020 | 33,051 | 1,844 | 34,895 | |
| Depreciation | charged | in the year | 7,381 | 802 | 8,183 |
| At 31 January | 2021 | 40,432 | 2,646 | 43,078 | |
| Carrying amount |
|||||
| At 31January | 2021 | 22,141 | 2,404 | 24,545 | |
| At 31January | 2020 | 29,022 | 3,206 | 32,228 |
| 13 | Related party transactions | Related party transactions | (Continued) | (Continued) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Included in other debtors is 650,000 which ofwhich Mr LKhera is director. Mr LKhera |
is owed to the was a trustee |
charity by 2SK Investments Limited, a ofthe charity up until 31August 2021. |
company | |||||||
| 14 | Cash generated from |
operations | 2021 | 2020 | ||||||
| f | 8 | |||||||||
| Surplus for the year | 68,930 | 62,418 | ||||||||
| Adjustments for: |
||||||||||
| Depreciation and impairment |
of | tangible | fixed assets | 8,182 | 10,743 | |||||
| Movements in working |
capital: | |||||||||
| (Increase) in debtors (Decrease)/increase in |
creditors | (50,002) (53,135) |
(1,400) 88,893 |
|||||||
| Cash (absorbed by)/generated |
from operations | (26,025) | 160,654 | |||||||
| 15 | Analysis ofchanges | in net | debt | |||||||
| At 1 February | Cash flows | At31January | ||||||||
| 2020 | 2021 | |||||||||
| 8 | 6 | 8 | ||||||||
| Cash at bank and in hand | 8,403 | 4,275 | 12,678 | |||||||
| Loans falling due after | more | than | one year | (50,000) | (50,000) | |||||
| 8,403 | (45,725) | (37,322) |