Ch•rlty r•glstratlon number 1163436 Company rngijtration number 09617919 (England and Wal¢¥l INTERDOCEO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
INTERDOCEO LEGAL AND ADMINISTRATIVE INFORMATION Mrx Bo$¢h {Charty WoTker} Mr T M Dawid (Director) Ms Ana Munoz ffrustèal Charlty number 1163436 Company number 17919 Regi¥tered offlcg 1 Princaton Mews 167- 169 London Road Klngslon Upon Thames. Surrey England KT2 6PT Independentexamin•r WEM&Co Chartered AOUntantS & Registered Auditor Savoy House. Savoy Cirujs London, W3 7DA
INTERDOCEO CONTENTS Twslegs, report Independent examinerfs r8port statsmenl of finandal activibès Balance gh8et Statement of cash fflows 10 Notes to ts flnaTrSal statements
INTERDOCEO TRUSTEES. REPORT IINCLUDING DIRECTORS, REPORT FOR THE YEAR ENDED 31 JULY2022 The Iruslees wesent their annual report and finanaal statemènts for the year endad 31 Juty 2022. The trustees who are also directors of the chawily for the putposes of the Companies Ad 2C4A. present thglr report with the finanaal statements ol the charity for the year ended 31 July2021. The trustees have adopted the provisK)ns of Accounting and Reporting by Charrties.. Statemenl of Recommended Practi applicable to charities pParing their accounts in accordancè with the Finanaal Reporting Standard apF4icable in UK and Republic of Ireland IFRS 102) leffectiv8 1 January 2019). ObJÈetlve$ ond activities The Irusteès who are also ¢Jirectors of the charity for the purposgs of the Companies Act 2006, present their report wf(h the financial statements of the eharty for the year endèd 31 July 2021. The trustees havg adoptefj the piovisions of Accounting and Reporting by Charities.. Slatewnent of Recommended Pral¢e applicable to charities prepaftng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of lidand (FRS 102) leffeth've 1 January 20191. The principal obj8cts of Interde0 are.. a) the advancement of the education of the public inlanguages, litèraturè. wllurès, hislorres ar people in the worfd including in particulaT, but not exdusively. by the provision of grants 8cholarships lo nabl6 indivKluals to learn other languages and to b•comè13nguage leathers-, an bl the prèvention or relief of poverty anywhere in the wortd in PartUl•r, bul not exduslvely. by the provisKJn of grants to organi5alions working to prevent or reliève povèrty. ow our activSttes deliver ubllc bénefit Int8rdotxo exists to promote mullicutturalism and to encourage mutual underslandlrvJ of larKJuages lo ad)18 a respectful coexistence. The tharity promotes language leaming and development mainly by providing support to individuals to undertake internship progiamtnos with the 014'ective of ttaining to betxjme a foreign language teacher. The grants are potentially available to any m8mbèr of IhÈ publ who wshes to train to become a foreign language teacher. As such. there is a dI¢t benefit being piovided to the public in the suppc they can receive. Thera is also an indirect benefit to the public in having more qualiffied language leaGhers avallable to teach foreign18nguages. The nature of the work that Inlerdoceo does means that certain individuals will receive ffinancial support lo enable thern to become foreign language teachers. FN)wever, the support that they fecelve Is inadenlal to the charity's purpose of 8dvanung education In fOign18nguage8 and ensuring that there are a s(clnt numb8r o18dequalely qualified teachers availabte. In addition, the donations that the charity could make to other charities established for the relief of poverty {whlch Ss a fundamentsl charitable purp05el would benefit the public.
INTERDOCEO TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2022 ria followed to sal8ct Indlvlduals ror aniyations to receive rnnts Interdoceo intend$ to 8UPPOrt students interested in pursuing 8 Career in teathing foreign langU8ge8 and individuals applying rnusl meet the following criteria.. aged 18 or over and hava keen intgrest in language leaching. have English, French or Gemian as a ffirst language, or have completed seojndary educalion in any ofthèsè languages. undergraduate de99 or attemalive offirAal diploma earned in the four years prethus lo the stsrt of the grant. The allocalion is Ix)nducted on a first-com8 firsl-$md ba5iS. In respect of poverty relief grants, Inlerth)¢eo will analyse any received requests and will deude peric*Jicalty which requests it will support, deperHJing on their expected impact and thè funds available. rf any. Achiev•m•nts and pèrforrnance Tralnin rammes. content Accepted candidates receive a full timè scholarship that indudgs.. A for8ign language teacher training rtiffied course delivered by the UnNeThwty Intemational de C8lalunya.' Expert in Bilingual Educatirm. Advanced Methodologies for English Teathers or Teaching English as a Foreign Language. A 4 to 9 month practical training in 8 Spanish school under the supeNsion of a school teacher. as language assistant. Heamh Insurance under the Spanish public health system. Financial SUFPOrt during the training programm&. Stsff As Interdo¢eo is mainty a grdnl-making chaiity. there is no n88d to hire Staff at th8 moment.
INTERDOCEO TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED FOR THE YEAR ENDED 31 JULY2022 Financlal review Review of 202012021 academlc ar actlv tles During the academic year 2020r21. 100 Spanish 6chools hosted a total of 157 partIpants." 105 from Ihe UK. 14 from Ireland and 38 from other nationalities (South Africa, Australia. Canada. Austrba. etcl. 14 parhcgpanl$ {8.92%11gft the trainlng programme before r( ended for personal rea$s. while n¢)ne of th8m were expèllÈd duè their lack of parb'capat¥)n. Feedback Parb"upants are rèquested to Send a report at th8 end of tha prograrn, and the lulor 1$ also requirgd lo r8POrt on the individual. Both r8POrts indicate the impact of the programme in the p8rtidpant. Tutor'5 re 1. Ability to adapt lo a professional enwronment and to work with a team 2, obsean of the schoofs rules and ¢ompliancg with the elhlcal c(xla of conduct of the educab.on se¢tC*r 3. Piolesslonal relationships with colleagues and the schoovs administration 4. Planning and organisation of their own 5. Good perf0rrnar on assigned tasks and activities 6. Ability to build a good rapport with hi51her 51udpnts in 8n edlbcational mannei. 7. Good performance on assigned tasks and activitie3. 8, Abilty to organise and enwurage learning situations. 9. Abilty lo maintain the discipline and keep the students. alt•ntion. 10. Ability lo express themselves o)rrectly in their mother tongue. 11. Adaplalion of their teathing style to the agp of their sludgnts. Use of th& most ¥ppropriale t)1$ atvj leathing methods in each situation 12. Ability to gel students involved in thgir own lèarnlng 13. Acceptance of constructive critiusm and advi¢9 to Impro IhBI is offeied lo thom.
INTERDOCEO TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2022 ant's re ort As part of Iheir r8POrt. participants ovaluate frorn 1 (poor) to 518xcellentl 10 different aspects of the training prtsgramrne.. uestions: 1. Has th9 online training you received durrng your Intemship been useful for preparing lessons and fulfilling YOUT responsibilities as a LanguageA55iStanl? 2. H88 the Centre respected the o)ndlfjons of the role of the Language Assistant as 8tsted in the conveni07 3. Were you ab to successfijlly cfjmmunicale with your collaagues in the h0o1.. tsachers, bjtors. elc.? 4. Did you receive proper support from the tutor and from the school when you need8d a5SiStance? 5. How would you iale your ielalionship with other members of 8tsf 6. Have you beèn 8blÈ to maintain a good relationship with the students? 7. Have you been able to adapt your tèaching stylelrnelhods lo the ages and needs of the students? 8. Havg you been able to maintain a reasonable level of student discipline in the dassro)m? 9. Havè you been Comfortab at ihe school? 10. What is your general evaluation ofthe program? The average evaluation scores are as follows.. Partlcl ants Rè 143 4.26 tor's Re 143 4.66 No. of r•ports completed Average Scowe IPr8viousyear &verage score) 4.18 4.61 We are very pleased to see that both reports are beh¥een 4 and 5. which clearfy shows the posttlve impact of the programmè in participants. GivÈn Inteidoceo's social purposè and policy, the creation of long-term investments or resgrv9s 1$ not expected. A total of 81 norFfor-profft entities (Foundations. Associations, schools and others} have funded our programmgs, raislng a lolal of £1.103.406. (3.01•A more than the previous academic yearl. 14.69QA of this amount has been given by Linguam Foundation, to cover the gap between raised fvnds and grant awarding. Linguam Foundalion intends to follow Ihls polw until Inlerdoceo become8 economlcally independent. The income of Interdoc80. from whatever source derived, is, and wll b8. applied solely toward5 the promotion of ils (*Jjects. No pcftitin thereof is paid or transferred dirèclty or indiredy by way of dNidend, bonus 01 otherwise by way of profrt to the member or trust8ès of Interdoc80.
INTERDOCEO TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORTI {CONTINUED) R?R THE YEAR ENDED 31 JULY2022 Strueture. governanco and managèmènt Interdoceo oulsouices responsibility for obtsinlng infom)atlon on applicants 10 a separate MpanY Cglled Meddeas. Meddeas is paid by Ihe schools who 8gr8È to host the successful applicants, and not by Interdo¢eo. Medd8as is partty owned by a trustee, Tornas Dawld. Of ctsurse, if the is a potential conflict of interest in deciding whether to oulsouice iesponsibilily to Medd8as, this confflict will be managed and there is a quorum of trustees independÈnt from M&ldeas to make the decision. We rerterate that there is no direct payrn8nt of monay from Intgrdoceo to Meddeas or from Interdoc80 10 the trustees. Gov•mlng doemiènt Intardoceo is 8 MpanY governed by its MemoraThlum 8nd Artides of A830¢ialion dated 2 JLbne 2015. It is registered a8 a djarity vMth the Charrfy Commission IUKI. Mr X Bosch (Charity Worker) Mr T M Dawid IDire¢iorl MsAna Munoz (Trustse) Thè Trust•O8 The Ttus18es as Charity Trustees have contrd of Ihé Charity and ils property and funds. The first Trustee5 shall be the subscribers to tha Mèmorandum. Subsequent Trustees shall be appointed. and may be removed, by the M&mb8r at any litne. The minirnum nurnber of Trustees shall be Three but there shall be no maximum number of Trustees that may be appointed. Elected Trustees.. X Bo$¢h T Dawid A C Munoz Elected Chairman.. T Dawid Quallfylng thlrd paty Indemnlty provi$ion5 Proce•dln The Trustees must hold at lèast two rneelings each year. The Chairperson rnay at any time. and Trustees jointly may al any time, call a meeting of the Trustees. Notice of overy meeting shall be sent lo each Trustee. spe¢ifying the place, day and hour of the mèeting 8nd thè busine8S to be discussed. A quorum at a meeting of the Trustees is two or fifty per cent of the lolal number oftrustees whichever is the greater. exduding any Confltied Trustee who has not been authorised to participate in discussions oi a vole under Atticlg 5.7 {Attides Inlerdoceol. A mè8ting of thè Tmsteès may be held either in peison or by suitable Electronic Means agreed by the Trustèes in which all participants may communicate with all the other partiopants simultaneously. The Chairpetson or some other TTilStee chosen by the Trustees Present presides al each meeting. Every issue may be determined by a simple majorty of the Votes cast at a meets'ng. Except for the chairperson of the meeting, who has a second or casting vote. every Trustee has one vote on each issue.
INTERDOCEO TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2022 Powers of Trustees The Trustees have the following powers in the adminislralion of thè Charity in thOIT capacrty as Trusto89". To appoint land rernovel a Chairperson, Secretary. treasurer and other norary officers from among their number on such terms as they shall think fil.. To invite observers to attend meetings of the Trustees, and lo pay ther reasonable oxpenses out of the Charitys funds. For the avoidanc8 of doubl, such obseryeis are not Trustees and shall not count towards the quorum foi a meeting., To delegate any of their fvnctions to committees consisting of or more 1ndFdUa1S appointed by them. The Trustse may.. Impose conditions when delegating. Revoke or aller 8 delegation. To delegate the day-t04Iay management of the affairs of thè Charrty in acrdanCe with the dir8cion$ of the Tiuslees to any perg)n". To rnake standing orders corb5iStent wrth Inlerdo¢eo's Articles and the Act to govèm proceedings al general m88lings- We conlinue along the same Ilnes having a balanced budgèt in whi¢h expenses don't exceed revenues. The entire available budget 1$ used lo fund our programs. but a¥dIng all financial risks. COV11>1 Immèdiate response - As COVID hw. a contingency plan was requ8Sted as the crisis related to the pandern hit the UK in early March 2019. It was agreed at that poirht board meelings will be held remotely for the foreseeablè future usng digiial technology. Slrai9ht away we began c4Jmmunication and engag8ment wrfh our service usets remotety through online. digital and phone. Effect on finances - Al July 2021 we had most of our income secured and we are in the fortunats position that our finances have not been advorsdy affected by the (SIs. Thè trustèès, re ort was approved by the 8oard of Trustees. MrT M Dawid joirector) TStre 20 Marth 2023
INTERDOCEO INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF INTERDOCEO I report lo the trustees on my 8xamination of thè fmancial statèmènts of Interdoc801th8 chaiityl fcf Ihe year ended 31 July 2022. Responslbllltles and bas18 of report As the Irusteas of tha charity land also its directors for the purposes of company lawl you are re$pon$ible for the Preparat of the financlal statements In a¢cp)rdarKe with the requirements of the Companles Ad 20( (the 20CkS Act). Having satisf myself that Ihe financial statements of the charity 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 the charity's financial statements carvied oul under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable DirectiS given by the Charily Commission under section 145(S1(bl ofthe 2011 Act. Ind8pend•nt•xamln•rfs statsm•nt Since the charity's gross InMe exceedgd £250,000 your examlner musl bg a member of a body lisled in section 145 of the 2011 Act. I confirni that l am qualtfied lo undertake the Èxamination because l am a m8mb8r of ICAEW, whith is on8 of thè listéd l)odies. I have tttmplèted my examination. I confimi that no matters have come to my attention in connecon with the èxafflinalion giving me cause to believe that in any material respecL- accounting records were not kept in respect ofthe charity as required by 5edion 386 of the 2CK6Act; or Ihe financial statements do not 8rd with those records; or the finanal statements do not comply with the accountj'ng requirements of section 396 of the 2)6 Act other than any requirement that the actounts give a true and fair wew which is not a matter conshlered as part of an dependent 8xamination', or the financAal statements have nol b88n 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 aldance vmlh the Finanoial Rewbng Standard applicat4e in the UK and Republic ol Ireland IFRS 1021. I hav8 no conc8ms and havo ciNne a¢xoss no other matters in connection th the examination to whith atiention should be drawn this report in ordèr lo enable a proper uThYerslan¢Jlng of the Ilnan¢k81 Slalemenls to be reathed. SIGNED SECURELY 04ffj4Q022 al12..0>..S1 PUrC MrAlistsir18n W8m Bsc FCA Wem & Co Chartered Accountants Institute of Chartered Accountants in England & Wales Savoy House Savoy Circus London W3 7DA Dated.. 20 Mar¢ 2023
INTERDOCEO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY2022 Unmtrlctsd UnrEstrtGt•d funds funds 2022 2021 Notes Income and endowments from: Donations and legacies Other income 955.655 5.085 1.103.406 23.707 Totsl incomè 960.740 1.127.113 enditure on: Charitsble aCtivitS 867.854 1,141,$60 Net incomell•xpondlrnI for the yearf Net incomlnglloutgolngl re$outte8 92,886 {14,44n Othw rttognlsed gain• and 10s¥es Other gains or losses {1.4321 538 Net movgwnt In fund 91.454 113,909) Fund balance5 at 1 August 2021 14.373 28.282 Fund balances at 31 July 2022 105.827 14,373 The slalemerrt offinanaal acliwtias iadeS all gains and losses recognbsed in the year. AJI income and expendilufe derfve from continuing aclIves. The stat8m8nt of finanual acvities also complies with the requirements foi an Ino)m8 and eXpendliu acrthnt under the Cornpanies Act 2CK)6.
INTERDOCEO BALANCE SHEEr AS AT 31 JULY 2022 2022 2021 Notss Currènt assets Cash at bank in hand 110,327 1B,873 Cr•ditopa: amounts falling due within yoar 10 14,5001 14,SC(I) Net current assets 105.827 14.373 Incom• funds General unrestricted funds 11 105,827 14,373 105,827 14,373 105,827 14,373 Thè company is enlilled to the exemption from the audrt wuiremenl ntsIned in Beclion 47T of the CompaniesA 20C6. for the yeaT ended 31 July 2022. The directors acknowleilge their responsibilrties for complying with the rUIr9n9nts of tho Companies Act 2006 th respect to accounting record5 and the preparation offinancial statements. The members have not required the company to obtain an audil of its finanryBI statements for the yeBr in question in accordance with section 476. These financial stalements have been prepared In accordarKe with the provisions applicable to companies Su.eCt lo the small companies reglme. The financlal statements were approved by the Trustees on 20 Marth 2023 Mr T M wi IDirectOTI Thists• Company Reglstratlon No. 09617919
INTERDOCEO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2022 2022 2021 Notos Cash flows frnm opgratlng actlvltlo8 Cash generated froml{absorbed by) operalions 13 91.454 119.046) 119t cash u$9d ID Invostlng actlvllS9• Net ¢a$h used In flnanclng a¢tlvllle8 Net Increa8èllde¢vea•el In ¢a•h and cajh eqUlVants 91,454 119.046} Cash and cash equivalents at beginning of year 18.873 37.919 Cash and Gash 8qulval•nts at ond of ywr 110,327 18,873 10-
INTERDOCEO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2022 Accountlng polici Charlty Infomiation Interd(0 is a prN8te company limited by guarantee incorporated in England & Wales. The registered office 1 Princglon Mows 167- 169 London Road Kingslon Upon Tharnes Surrey Kf2 6PT 1.1 Aceountlng ¢onvention The financial statements have been prepared in aCrdar with Ihe charitvs tgoverning documentl, the Companies Act 2006, FRS 102 "The Finanaal Reporting Standard applicable in the UK and Rèpublic of Ireland. fFRS 102.} and thè chareS SORP "Accounting and Reporting by Charibes.. Statement of Recomm8nded Praclice applicable to charit5 preparing their accounts in accordance with the Fln3n¢ial Rèporting Standard applicable in the UK and Republic of Ireland {FRS 1021. leffectlve 1 January 2019}. The charlty Is a Public Benefit Entity as defined by FRS 102. The finanaal stalements are pr8pared in stsrling. whi0 is the functional currency of the tharity. Monetary amounts in these financial slalemenls are rounded to the neare31 £. The financial statèmÈnls have been prepared under the historical cost conventi£. [modifi8d to include the revalualion of freèhold properties and to indude investment properiies and certain finana81 instruments at falr valu81. The principal 8ccounts.ng pdiaes adopted ar8 set out below. 1.2 Going concern At the time of approving the financial statements, the trustee5 have a raasonablo èxpedation that the charlty has ad8quate SOurceS lo continue in operational exist8nca for thè foreseeablè fulure. Thus th9 bStee5 continue lo adopt the going concem basis of accounting in preparing the financial stslements. 1.3 Ch•ritsble funds Unreslri¢ted funds are available for use at th8 disuetion of the Iruslees in furtherance of their tharitJle obh8clfves. Restr lunds a subject lo SpfiC conditions by donors as to how Ih8y may b8 used. The purposes and uses of the restricxed funds are set 1 in the notes lo the financial statements. Endowment funds are subject to speafic condrtions by donors that the capital must be rnaintained by the charity. IA Income Income is recognisfyd when the charity is legally enlttled lo it aftpr any perforrnance conditions have been mal. the amounts Can be measured reliably, and il is probable that income will be received. Cash donations arè r8cogni5ed on receipt. Other dcnalions 319 iecognised oncg tho charity has bean nOtifd of the donation, unless perfoman¢e ndillonS require deferral ol tho anxiunt. Income tax recoverable in relatson to donauons received under Gift Aid or deeds of covfrnanl is recognlsed at the time of the donation. LegaeS are recognise(l on receipt or olherwlse If the charity has been notified of an impending distributb)n, the amount Is known, and r8¢eipt is expected. If the amount is not known. the legacy is treated as a conlingent asset. 11
INTERDOCEO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Accounting polleie# IContinu•dl l.S Expenditurg Expenditure is recognl$ed once there is a legal OT Construct obligation lo transfer economic benefft to a third party, it is probable that a transfer of economic benefits will te required in 5ettlefflenl, and the amount of the oblatIon can be measured rellay. Expenditura is cl853ified by activity. Thè costs of each activity are made up of the total of direct costs and shared costs. including support Costs involved in undertaking each activty. Direct cost$ attributable to a single actiwty are allocated directly lo that activity. Shared costs which contribute to wnore than one actwity and support costs which are not attributable to a singl8 activity are apportioned beeen those actiwties on a basis )nsislent with Ihe use of resources. Central staff costs are allocated on the basis of tsme spent. and depreuation charges are allocated on the portlon of the assefs use. 1.6 Cash and cash equivalgnts Cash and cash equivalenls indude $h in hand, deposits held at call wilh banks. other short-tèrm liquh inv8stmenls with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabililles. Basic financialassets Basi¢ financial assets, which indude debtors and cash and bank balances, are initially measured at transaction price including Iransa¢tion costs and are subsequ6ntty carried al amort55ed cost using the eff8ctive interest m&thod unkss the arrangemerbt o)nslitut8s a financing transaction, where the transaction Is measured at the prèsent value of the future r&c8ipts discounted at a mathel rate of interest. Financial assets CSsified as recewable within one year are not amortised. Basle Iln•n¢lalllabilities Basic financial liabilrtiès, induding ueditors and bank loans arè intti8lly recognised al transaction pn'ce unless the arrangemant ¢onstitulgs a financ4ng transaction, where the debt instrument 15 measured at the present value ol thè future payment5 discounted at a market iale Df interest. Financial Ibabilities dassified as payable within one yeai are not amortised. Debt instruments are subsequ8nly carried at amortised cost. using the èffeclivè interest rate melhod. Trade ¢ieditors are obligations to pay for goods or se[vi5 that have been awuired in the ordinary course of operations from suppliers. Amounts payable arè d8ssffied as current liabilities if payment is due within one year or less. If not, they are presented as non-currènt liabilitiès. Tiade creditors are regnised initially at transaction wi¢e and subsequentty measurèd at amorth5ed cost using the effective interest method. Derecognition of financlal IlablliTti•$ Financial liabilities ale derecognised when the charmy's contrathal obligations expiie or are distharged or cancelled. 1.7 Employw benefits The cost of any unused holiday enlluemenl Is recyjgnised in the wiod in whith th8 8OYee'S are received. Termination benefrts are recognised immediately as an expense when the charity is d8monstrat4y committed to terminate the employment of an employee or to prowdè terminalion benefrts. 1.8 Taxation The Charity is exernpl from coOratIon tax on its charitsble activities. 12-
INTERDOCEO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 JULY 2022 Critical accounting estimat•s and Judg•men¢g In the applicaflon of the charity's accounting policies, the twstees are requlred to make judgernenls, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sour¢es. The estimates and associated assumptions are based on historical experience and other factors that are considered to be raVant. Actual resutts may dffer from these estimates. The eslimales and undertying assurnplions are rewewed on an ongoing basis. Revi8lOfl3 to accounting estimatès are recognised in tha period in which the estimate is revised where the revision affects only that period. or in the Feriod of the revisbon and fijture periods wherè thè revision alfeds bolh currant and future rio(ts. Donations and legaclos unstrI¢ted Unrestricted funds funds 2022 2021 Donations 955,655 1,103.406 other Incomg Unrestr•cted Urbreslricted fund$ funds 2022 2021 Other income 5.085 23.707 Charitable activltl•s Charftable Charftsble Exponditure Expondlture 2022 2021 Insurance Course fe88 SocAal Security on Scholarshlp Grants to indiwduals 683 53,620 52,945 751,6C4J 693 69.898 62,511 997,530 858.848 1.130.632 Other Professional fees Audit & Accountancy fee 4.SC 4.500 6.428 4.500 867.854 1,141,560 13-
INTERDOCEO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2022 Support costs Charttablè Charita£ Expenditsjrn Expenditure 2022 2021 Support Cosls.. Othw professional fe8s 6.428 Th1#¢ None of the trustoes (or any pers{S conngcted th them) recewed any remuner8llon or beneffils from thè chanty during th8 year. Employe The average ThnthlY number of employees during th8 year was. 2022 Number 2021 Numbor T¢)tsl There were no ernpbyees wh08e annual remuneration was more than £60.C(10. other galn$ or losseB Unr•strlct•d Unrestricted fundB fuThJs 2022 2021 Foreign ex¢hangg galns 1.432 1538) 10 Crodltors: amounts f•lling du• wlthln on• y•ar 2022 2021 Accruals and deferred incorno 4.500 14-
INTERDOCEO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2022 11 Unrnstrf¢ted funds The income funds of the d)arrty inc*Jde the whth have set aside out of unrestricted funds by the Iruslees for spectfic purposes.. Movement In funds IrKomlng R•$ouvco¥ Balan¢e at r¢¥our¢vJ expendod 31 Juty 2022 Balance at 1 AUgt 204 Balanca at l August 204 expended General funds 28.282 (1,141,380) 14.373 ,740 1869.2861 105.827 28.282 11.141,38DI 14.373 ,740 1869.2861 105.827 12 Related party transaclrons Therè wete no disdosable related party transactions during the y88r12021- none}- 13 Cash Bgnerated from op•ratlonB 2022 2021 Surplusl{defi¢Tt) for the year 92,886 114,4471 Adjustments for Foreign exchange differences 11.432) 538 Movements in working capilal.. (Dec¥ease} in creditors 15.1371 Cagh g•n•ratsd fromllabsorbed by) 0tIOnS 91,454 119,0461 14 Analy818 of ¢hange5 ill n•t funds The d)arity had no debt during tho y9ar. 15-