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2021-04-30-accounts

Trustees Mrs C Cooper
Mrs JDaly
Miss KBoon (Appointed1November 2020)
Miss CaroleHobbs (Appointed16April 2021)
Charity number 1 163885
Company number 08045437
TradingName CityofRoohesterSchooi
Registeredoffice BradburyHouse
ViewRoad
CliffeWoods'
Rochester
Kent
ME3 8UJ
Auditor CrossleyFinancialAccounting Limited
Star House
StarHill
Rochester
Kent

Unrestricted Total
funds
Notes 2021f 2020
e
lncome from:
Donations andlegacies 3 22,312 6;464
lncomefrom charitableactivities 4 1,814,807 1,139,591
Othertradingactivities 5 360 360
Total income 1,837,479 1,146,415
Expenditure on:
Raisinqfunds
Charitableactivitiesexpenditure 6 1,661,916 1,016,283
Net income fortheyear/
Netmovementinfunds 175,563 130,132
Fundbalancesat1May2020 336,458 206,326
Fund balancesat30April2021 512,021336,458

2021 2020
Notes c e
Fixed assets
Tangible assets 11 807,784 577,664
Current assets
Stocks 12 100 100
Debtors 13 51,137 329,100
Cash at bank andin hand 332,455 191,103
383,692 520,303
Creditons: amountsfallingdue Wlthlh
oneyear 15 (341,100) (455,818)
Net current assets 42,592 64,485
Total assets less currentliabilities 850,376 642,149
Greditors: amountsfallingdueafter
more thanoneyear 16 (338,355) (305,691)
Netassets 512,021 336,458

2021 2020
Notes 0 0 I
lncomefunds
Unrestricted funds -general 512,02',1 336,459
512,021 336,458

2021 2020
Notes t E
Gashflowsfromoperatingactivities
Cashgeneratedfromoperations {9 364,190 221,326
lnvestingactivities
Purchaseoftangible fixed assets (264,344| (142,918)
Netcash used in investingactivities (264,344) (142,918)
Financingactivities
Repayment of bankloans 41,507 (7,402|
Netcash generated from/(used in)
financing activities 41,507 (7,402)
Netincreaseincashandcash equivalents 141,353 71,006
Cash and cash equivalents at beginningofyear 191,103 120,097
Cashand cash equivalentsatend ofyear 332,455 191,103

Unrestrlcted Total
funds
general
2021 2020
t
Donations andgifts 5,645 6,439
Fundingwithin charitable activities 16,667
Membership fees 25
22,312 6,464

Grants receivable for coreactivities
Governmentgrantsand support 16,667
16,667
lncomefromcharitableactivities
General General
2021
e
2020t
Tuition 1,814,847 1 ,139,591

Othertrading activities
UnrestrictedUnrestricted
funds
general
2021
funds
general
2020
f,e
Fundraisingevents 14
Cafe 36
Trading activity income: other 360 310
Othertrading activities 360 360
:

6 Gharitableactivitiesexpenditure
General Total General Total
2021 2021 2020 2020
0 t g
Staff costs 1,312,824 1,312,824 760,915 760,915
Depreciationand impairment 32,048 32,048 18,975 18,975
Premises Costs 73,016 73,016 43,653 43,653
Office Costs 9,921 9,921 8,564 8,564
Activity Costs 64,243 64,243 37,720 37,720
TravelandFuel 27,586 27,586 0,003 6,603
Computerand Software 37,485 37,485 30,826 30,826
Training '15,221 15,221 8,502 8,502
ProfessionalFees 14,951 14,951 23,589 23,589
SchoolSupplies 37,371 37,371 21,223 21,223
Magic Bean Cafe 59 59 1,094 1,094
BankCharges and Loan lnterest 9,705 9,705 1"1,362 11,362
FundRaisingCosts 198 198 216 216
1,634,628 1,634,628 973,242 973,242
Share ofsupport costs(seenote7) 19,368 19,368 36,441 36,441
Share ofgovernance costs (seenote7) 7,920 7,920 6,600 6,600
1
:
,661,916 1,661,9161,016,283 1,016,283
Analysisbyfund
Unrestrictedfunds -general 1,661,916 1,661,916 1,016,2831,016,283
For theyear ended30April2020
Unrestrictedfunds -general 1 ,016,283 1,016,283
1 ,016,283 1,016,283

Support costs
Support Governance
costs
costs
2021 Support Governance
costs
costs
2020
f€ e €€ s
Depreciation 2,177 2,177
Sundries 5,538 5,538 1,811 1,811
Marketing 2,623 2,623 2,292 2,292
Recruitmentcosts 6,570 6,570 27,507 27,507
Accountancy fees 2,460 2,460 4,831 4,831
Audit fees 7,920 7,920 6,600 6,600
19,368 _:,' 27,288 36,441 6,600 43,041
Analysed between
Charitable activities
19,368 7,920 27,288 36,441 6,600 43,041
:

Number of employees
The average monthly numberofemployees duringtheyearwas:
2021 2020
Number Number
Monthly staff 34 19
Employment costs 2021
2020
f
Wages and salaries 966,100 532,012
Social securitycosts 126,177 64,370
1,092,277 596,382
Thenumberofemployeeswhose annualremunerationwas€60,000or
more were:
2021 2020
Number Number
Head Teacher 1 1

11 Tanglbleflxedassets
Freeholdl.nd
Freehold
and bulldlngs lmprovements
€E
PlantandFixlures and
equlpment
littings
f€
ComputeF Motor
€e
vehicles Total
e
Cost
At1 May 2020 475,000 131,803 2,526 12,038 '16,253 1,050 638,670
Additions 240,O32 276 13,688 10,348 264,U4
Disposals (2,44e1 (1s0) (282| (3,163) (6,044)
At 30 April 2021 475,000 369,386 2,652 25,444 23,438 1,050 896,970
Depreclatlon andlmpalrment
At1May 2020 38,000 4,E06 2,O92 7,952 7,105 1,050 61,005
Depreciation chargedintheyear 9,500 13,420 132 3,401 5,595 32,048
Eliminated in respect of disposals (5s1) (104) (24e',) (2,963) (3,867)
Al30April 2021 47,500 17,675 2,120 11,104 9,737 'l,050
89,186
Carrylngamount
At30April2021
427,500 351,711 532 14,340 13,701
-
807,784
At 30 April 2020 437,000 126,997 434 4,086 9,147 - 577,664

12 Stocks
2021 2020
t
Valuation 100 100
l3 Debtorc
2021 2020
Amountsfallingduewithinoneyear: f
Trade debtors 36,733 313,552
Other debtors 8,499 7,956
Prepaymentsand accrued income 5,905 7,592
51,137 329,100
14 Loansandoverdrafts
2021 2020
t 0
Bank loans 355,626 314,119
Payablewithin one year 17,271 8,428
Payableafterone year 338,355 305,691
:
15 Creditors: amountsfallingduewithinoneyear
2021 2020
Notes f
Bankloans 14 17,271 8,428
Othertaxation and social security 48,084 21,355
Tradecreditors 79,003 22,692
Accruals and deferred income 196,742 403,343
341,100 455,818
16 Greditors: amountsfallingdueafter more thanoneyear
2021 2020
Notes c
Bankloans 14 338,355 305,691

19 Cashgeneratedfromoperations 2021
t
2020
g
Surplus for theyear 175,563 130,132
Adjustmentsfor:
Loss ondisposaloftangiblefixedassets 2,177
Depreciation and impairmentoftangible fixedassets 32,048 18,975
Movementsinworkingcapital:
(lncrease)/decreaseinstocks 200
Decrease/(increase)indebtors 277,963 (289,541)
(Decrease)/increaseincreditors (123,561) 361,560
Cashgeneratedfromoperations 364,190 221,326
20 Analysisof changesinnet(debt)/funds
At'lMay 2020
I
CashflowsAt30
€f
April2021
Cash atbankandin hand 191,103 141,352 332,455
Loansfallingduewithinoneyear (8,428) (8,843) (17,271)
Loansfalling due aftermorethan oneyear (305,6e1) (32,664) (338,355)
(123,016) ee,845 (23,171)