| FOR THE YEAR END | ED 31stMARCH 2021 | ||
|---|---|---|---|
| 2021 | 2020 | ||
| g | g | ||
| INCOME RECEIVABLE | |||
| Tuiton fees and books sale etc. | 54,077 | 46,856 | |
| COST OFSALES | |||
| Opening Stock @01.04.2020 |
250 | 110 | |
| Books Purchased | 2,529 | 3,604 | |
| Less: Stock ofbooks @31.03.2021 | 2,779 (350) |
3,714 (250) |
|
| 2,429 | 3,464 | ||
| 51,648 | 43,392 | ||
| Donations | 14,539 | 665 | |
| HMRC CJRS | 14,173 | ||
| 80,360 | 44,057 | ||
| DEDUCT: OVERHEADS | |||
| Premises Rent |
11,700 | 8,600 | |
| Rates, Water Ec Insurance | 2,985 | 863 | |
| Heat and Light | 1,970 | 1,321 | |
| Wages | 52 820 | 28,699 | |
| Employer Pension |
158 | ||
| Subcontract Cost | 6,964 | 10,760 | |
| Accountancy Fees |
686 | 550 | |
| Professional Charges |
420 | 211 | |
| Bank Charges | 10 | ||
| Telephone 6t Broadband |
611 | ||
| ITExpense ~oi ti |
702 | ||
| Plant and machinery | 247 | 21 | |
| Computer | 53 | ||
| Portable Classroom | 382 | ||
| (79,697) | (51,035) | ||
| Net (Deficit)/Surplus | for the year | 662 | (6,978) |
| BALANCE S | HEET AS A | T 31stMARC | H 2021 | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| NOiV CURRENT ASSETS | Cost | Dep'n | Net | Net | |
| Plant and Machinery | 1,236 | 268 | 968 | 1,216 | |
| Computers | 450 | 53 | 398 | ||
| Portable Classroom | 6,540 | 382 | 6,159 | ||
| CURRENT ASSETS | |||||
| Stock ofbooks | 350 | 250 | |||
| Cash in Hand | 63 | 63 | |||
| Balance at bank | 23,070 | 19,972 | |||
| Prepayments | 523 | 472 | |||
| 31,530 | 21,973 | ||||
| CURRENT LIABILITIES | |||||
| Sundry Creditors &Accruals | 3,816 | 3,920 | |||
| Creditors- City council | grant | 9,000 | |||
| 12,816 | 3,920 | ||||
| Net Current Assets | 18,715 | 18,053 | |||
| 18,715 | 18,053 | ||||
| ~ENAWCED B | |||||
| CAPITAL ACCOUNT | |||||
| Balance b/fwd @01.04.20 | 18,053 | 25,031 | |||
| Less:Net Surplus/(loss) | for the year | 662 | (6,978) | ||
| 18,715 | 18,053 |
| I | Total Income | |
|---|---|---|
| Donations | 14,539 | |
| Tuition Fee | 54,077 | |
| Job retention scheme grants |
14,173 | |
| Total Donations | 82,788 |