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2021-09-30-accounts

Isle of Wight Learning Zone Treasurers Report

In previous years that accounts of the Isle of Wight Leaning Zone have been managed with a year end of the 30[th] September, which created a requirement to review two half year’s of accounts for the AGM. The Trustees therefore made the decision to adjust the year end to the 30[th] April each year to enable one set of final accounts to be presented at the AGM, which is normally held in the late spring. This change will hopefully be agreed at the AGM and then reported to the Charity Commission, we have, however created two sets of accounts for the year that ended in 30[th] September 2020 and for the half year that will end on 30[th] April 2021.

Accounts – 1[st] October 2020 - 30[th] April 2021

This period includes accounts prepared by Oliver Cooper (current Treasurer to the IOW Learning Zone). Throughout the period covered by these accounts the activities of the Learning Zone were impacted by Covid-19. Despite the restrictions activities and fundraising was able to take place.

The total income for this period was £2,015.87, which included £585 of membership, £199 of events, £276.87 from the Learning Zone Hub and £955 of Grant Income. The grant income was received from the NFU Mutual’s Community Fund and has been used to purchase a wide range of resources to grow the Learning Zone’s lending library.

The Learning Zone Hub is a weekly event held at Brading Youth Centre and the Learning Zone meet the minimum charges required, whilst members attending pay a sub of £2 per family.

The total expenditure for this period was £1935.03 which included £99.31 of expenditure on insurance (a six month free extension was provided to reflect Covid-19), £786 on events, £773.72 on the new resources and £276 on the Learning Zone Hub. The events incurring expenditure included:

As at the 30[th] April 2021 the combined balance within the Lloyds Bank account and Petty Cash held totalled £5,023.09. Included within that balance is a fund of £181.28 that has been ring fenced as the unspent balance of the NFU Mutual Grant. This will used to purchase the final few resources requested, including electronics set and a Raspberry Pi.

Oliver Cooper Treasurer Isle of Wight Learning Zone May 2021

Accounts 1[st] May 2021 - 30[th] September 2021

This period of accounts has been prepared retrospectively by the new Treasurer that came into the role on 1[st] June 2022, Miss Mandy Bill.

The total income for this period was £4420.12, which included £620 of membership, £1743.86 of events, £563 from the Learning Zone Hub and £1493.26 of fundraising and public donations. Fundraising took the form of a sponsored head shave.

The Learning Zone Hub is a weekly event held at Brading Youth Centre and the Learning Zone meet the minimum charges required, whilst members attending pay a sub of £2 - 3 per family.

The total expenditure for this period was £2798.06 which included £99.31 of expenditure on insurance, £2636.50 on events, £0 on new resources and £62.25 on the Learning Zone Hub. The events incurring expenditure included:

As at the 30[th] September 2021 the combined balance within the Lloyds Bank account and Petty Cash held totalled £6,752.26.

Mandy Bill Treasurer Isle of Wight Learning Zone September 2022

Isle of Wight Learning Zone

N

Receipts and payments acco

10/01/2020 To

For the period from

Section A Receipts and payments

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Unrestricted Restricted Endowment
funds funds funds
to the nearest
to the nearest £ to the nearest £
£
A1 Receipts
Opening bank balance 4,991 - -
Opening Petty Cash - - -
Membership subs 1,170 - -
Donations 1,984 - -
Event contributions 2,215 - -
Grant 955 - -
- - -
- - -
Sub total (Gross income for AR) 11,314 - -
A2 Asset and investment sales,
(see table).
- - -
- - -
Sub total - - -
Total receipts 11,314 - -
A3 Payments
Event payments 4,600 - -
Insurance 99 - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Sub total 4,699 - -
A4 Asset and investment
purchases, (see table)
nil - - -
- - -
Sub total - - -
Total payments 4,699 - -
Net of receipts/(payments) 6,615 - -
A5 Transfers between funds - - -
A6 Cash funds last year end - - -
Cash funds this year end 6,615 - -
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Section B Statement of assets and liabilities at the end of

Unrestricted
Categories Details funds
to nearest £
B1 Cash funds -
-
-
Total cash funds -
(agree balances with receipts and payments
account(s))		 Agreement Error
Unrestricted
funds
Details to nearest £
B2 Other monetary assets -
-
-
-
-
-
Fund to which
B3 Investment assets Details asset belongs
Fund to which
B4 Assets retained for the Details asset belongs
charity’s own use Fund to which
B5 Liabilities Details liability relates

Signed by one or two trustees on behalf of all the trustees Signature Print N

o (if any)

ounts

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CC16a
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09/30/2021

Total funds

Last year

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to the nearest £ to the nearest £
4,991 -
- -
1,170 -
1,984 -
2,215 -
955 -
- -
- -
11,314 -
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-
- -
- -
11,314 -
4,600 -
99 -
- -
- -
- -
- -
- -
- -
- -
4,699 -
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-
-
- -
4,699 -
6,615 -
- -
- -
6,615 -
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the period

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Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
OK OK
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
(optional) (optional)
-
-
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-
-
-
----- End of picture text -----

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Date of
Name
approval
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