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2021-03-31-accounts

	Page
Chief Executive Officer's Report	3 to6
Report ofthe Trustees	7to 11
Report ofthe Independent Examiner	12
Statement ofFinancial Activities	13
Balance Sheet	14
Notes to the Financial Statements	15to 21
Detailed Statement ofFinancial Activities	22

									Year	Year
									ended	ended
							2021	2021	2021	2020
									Total	Total
							Unrestricted	Restricted	Funds	Funds
						Note
Income
Donations							23,000	125,500	148,500	338,894
Total income							23,000	125,500	148,500	338,894
Erpenditure
Raising funds										3,040
Expenditure		on charitable			activities		29,636	104,761	134,397	129,394
Total expenditure							29,636	104,761	134,397	132,434
Net (expenditure)/income					and net
movement	in	funds		1'or the	year		(6,636)	20,739	14,103	206,460
Reconciliation			of	Funds
Total funds	brought			forward			223,916	116,131	340,047	133,587
Total Funds	carried			forward			217,280	136870	354 150	340 047

				2021	2021	2021	2020
						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Note
Current	Assets
Debtors				28,202	96,000	124,202	101,14S
Cash at bank				197,993	40,870	238,863	259,380
				226,195	136,870	363,065	360,528
Creditors
Amounts	falling due within one year			8,915		8,915	20,481
Net current		assets		217,280	136,870	354,150	340,047
Funds
Unrestricted		funds				217,280	223,916
Restricted		funds				136,870	116,131
Total Funds						354,150	340,047

	Unrestricted	Restricted
	Funds	Funds	31.03.21	31.03.20
Grants (2021)	20,000	125,500	145,500	336,000
Grants (2020)	174,000	162,000	336,000
Donations (2021)	3,000		3,000	2,894
Donations (2020)	723	2,171	2,894
Total Grants and Donations (2021)	23,000	125,500	148,500	338,894
'fotal Grants and Donations (2020)	174,723	164,171	338,894

			Unrestricted	Restricted
			Funds	Funds	31.03.21	31.03.20
Eranda Rothschild I oundation				25,000	25,000	25,000
Garfield 32Yeston Foundation						90,000
John Lyon's Charity				75,000	75,000	22,000
Mercers Charitable Foundation						22,500
The Carpenters' Company			10,000		10,000	30,000
The Clore Duffield Foundation			10,000		10,000	10,000
The Clothworkers' Foundation						55,000
The D'Oyly Carte Charitable	Trust			5,000	5,000	3,000
The Drapers' Charitable I-und				15,000	15,000
The Goldsmiths' Company						4,000
The Headley Trust						35,000
The I-Iedley Foundation						4,000
The Pilgrim Trust						10,000
The Prince ofKVales's Charitable		Foundation				2,500
The Radcliffe Trust						5,000
The Tallovv Chandlers Company The Tanner 'f rust				4,000	4,000	9,000 9,000
'I'he Tyler and Bricklaver I,ivery		Company		1,500	1,500
			20,000	125,500	145,500	336,000

					Unrestricted	Restricted
					Funds	Funds	31.03.21	31.03.20
Events,	Advertising	and	PR	(2021)				3,040
Events,	Advertising	and	PR	(2020)	3,040		3,040

				Unrestricted	Restricted
				Funds	Funds	31.03.21	31.03.20
Total	Chru itable	Activities	(2021)	29,636	104,761	134,397	129,394
Total	Charitable	Activities	(2020)	16,888	112,506	129,394

							Year ended	Year ended
							31.03.21	31.03.20
					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
Aivareness:
Advertising		and PR			4,524		4,524	3,854
					4,524		4,524	3 554
Provision	of	Courses:
Ivlaterials						3,612	3,612	5,107
Course Facilities								1,353
Teaching						24,763	24,763	22,601
Administration					2,858	14,091	16,949	17,108
Financial	Ivlanagement				1,110	5,470	6,580	7,793
lvlanagement		Support			9,746	48,055	57,801	58,213
Marketing	&	IT Development			676	7,182	7,858	2,324
Printing,	Postage, Stationery		and Marketing	Ivlaterials	44	1,093	1,137	1,004
Other Facilities						51	62	517
Insurance					73	358	431	330
Travel						86		1,156
					14,518	104,761	119,279	117,506
i&lanagem	ent costs:
Administration					1,884		1,884	1,900
Financial	Ivlanagement				731		731	866
Ivlanagement		Support			6,422		6,422	4,055
I tarketing	&	IT Development			873		873	258
Printing,	Postage and Communications				29		29	112
Facilities								157
Insurance					48			37
Travel
Independent		Examination			600		600	600
					10,594		10,594	8,034
					29,636	104,761	134,397	129,394

					Net
					movement
				At 01.4.20	in funds	At 31.03.21
Unrestricted	funds
General fund				223,916	(6,636)	217,280
Restricted funds
Course costs	and materials			116,131	20,739	136,870
TOTAL FUNDS				340,047	14,103	354,150
Net movement		in funds, included	in the above is as follows:

					Net
			Income	Expenditure	movement
					in funds
Unrestricted	funds		23,000	(29,636)	(6,636)
Restricted	funds		125,500	(104,761)	20,739
TOTAL FUNDS			148,500	~134,397	14,103
Analysis ofnet assets between		Iunds:
			Unrestricted	Restricted	Total
			funds	funds	funds
Net current	assets 2021		217,280	136,870	354,150
Net cunent	assets 2020		223,916	116,131	340,047

									Year
									ended
							2020	2020	2020
									Total
							Unrestricted	Restricted	Funds
						Note
Income
Donations							174,723	164,171	338,894
Charitable	activities
Total income							174,723	164,171	338,894
Expenditure
Raising lunds							3,040		3,040
Expenditure	on	charitable		activities			16,888	112,506	129,394
Total expenditure							19,928	112,506	132,434
Net income	and	net	movement		in funds
for the year							154,795	51,665	206,460
Reconciliation		ofFunds
Total funds	brought		forvvard				69,121	64,466	133,587
Total I'unds	can	ied	forward				223,916	116,131	340,047

Income				2021	2020
Grants				145,500	336,000
Donations				3,000	2,894
In-kind income
Total income				448,500	338894
Expenditure
Raising funds:
Events, Advertising	and PR				3040
					3,040
Charitable Activities
Raising awareness:				4,524	3,854
Provision ofcourses:
lvlaterials				3,612	5,107
Facilities				62	1,870
Teaching				24,763	22,601
Administration				16,949	17,108
Financial Management				6,580	7,793
Management Support				57,801	58,213
Marketing &IT Development				7,858	2,324
Printing, Postage, Stationety		and Marketing	lvlaterials	1,137	1,004
Insurance				431	330
fravel					1,156
				119,279	117,506
lvlanagement costs:
Administration				1,884	1,900
Financial Management				731	866
Management Support				6,422	4,055
lvlarketing & IT Development				873	258
Printing, Postage and	Communications				112
Facilities					157
Insurance					37
Travel					49
Independent Examination				600	600
				10,594	8,034
In-kind expenditure
'I'otal charitable activities				134,397	129,394
'I'otal expenditure				134,397	132,434
Net income and
nct movement in funds for the year				14,103	206,460