|||Page|
|---|---|---|
|Chief Executive Ofticer's Report||3 to 6|
|Report ofthe Trustees||7 to 11|
|Report ofthe Independent<br>Examiner||12|
|Statement ofFinancial Activities||13|
|Balance Sheet||14|
|Notes to the Financial Statements||Id to 22|
|Detailed Statement ofFinancial|Activities|23|






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|e Year Ended|31 Ma|rch 20|23||||||
|---|---|---|---|---|---|---|---|---|
||||||||Year|Year|
||||||||ended|ended|
||||||2023|2023|2023|2022|
||||||||Total|Total|
||||||Unrestricted|Restricted|Funds|Funds|
|||||Note|f|f|||
|Income|||||||||
|Donations||||2|153,611|36,000|189,611|95,626|
|Trading Activities||||3|3,335||3,335|1,039|
|Interest|||||372||372||
|Totalincome|||||157,318|36,000|193,318|96,665|
|Expenditure|||||||||
|Raising funds|||||398||398|3,731|
|Fundraising|trading||||150||150|375|
|Expenditure|on charitable||activities||24,102|117,498|141,600|145,898|
|Total expenditure|||||24,650|117,498|142,148|150,004|
|Net income/(expenditure)|||and net||||||
|movement<br>in funds||for the|year||132,668|(81,498)|51,170|(53,339)|
|Reconciliation<br>ofFunds|||||||||
|Total funds|brought|fortvard|||175,813|124,998|300,811|354,150|
|Total Funds|carried|forward|||308,481|43,500|351,981|300,811|





|||||2023|2023|2023|2022|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||Unrestricted|Restricted|Funds|Funds|
||||Note|f,|f|||
|Current|Assets|||||||
|Debtors|||7|87,510|43,500|131,010|50,774|
|Cash at bank||||229,154||229,154|263,570|
|||||316,664|43,500|360,164|314,342|
|Creditors||||||||
|Amounts|falling due within one year||8|8,183||8,183|13,531|
|Net current||assets||308,481|43,500|351,981|300,811|
|Funds||||||||
|Unrestricted||funds||||308,481|175,813|
|Restricted||funds||||43,500|124,998|
|Total Funds||||||351,981|300,811|





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||Unrestricted|Restricted|||
|---|---|---|---|---|
||Funds|Funds|31.03.23|31.03.22|
||f|||f|
|Grants (2023)|145,000|36,000|181000|94000|
|Grants (2022)|0|94,000|94,000||
|Donations (2023)|8,611||8,611|1,626|
|Donations (2022)|1,626||1,626||
|Total Grants and Donations (2023)|153,611|36,000|189,611|95,626|
|Total Grants and Donations (2022)|1,626|94,000|95,626||



|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||Funds|Funds|31.03.23|31.03.22|
||||f|f|f|
|Eranda Rothschild<br>Foundation|||||25,000|
|Garfield Weston Foundation||100,000||100,000||
|Tallow Chandlers'<br>Company||9,000||9,000||
|The Carpenters*<br>Company||15,000||15,000||
|The Clothworkers'<br>Foundation|||||50,000|
|The D'Oyly Carte Charitable|Trust||||4,000|
|The Goldsmiths'<br>Company|||10,000|10,000|6,000|
|The Grocers' Charity|||||5,000|
|The Headley Trust||15,000||15,000||
|The Hedley Foundation|||||3,000|
|The Leathersetlers'<br>Foundation|||24,000|24,000||
|The Radcliffe Trust||6,000||6,000||
|The Royal Warrant<br>Holders Association|||2,000|2,000||
|The Skinners Company|||||1,000|
|||145,000|36,000|181000|94000|





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||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||Funds|Funds|31.03.23|31.03.22|
|Adults'|Workshops|(2023)|3,335||3,335|1,039|
|Adults'|Workshops|(2022)|1,039||1,039||



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||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|31.03.23|31.03.22|
|Events,|Advertising|and|PR|(2023)|398||398|3,731|
|Events,|Advertising|and|PR|(2022)|3,731||3,731||



|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|31.03.23|31.03.22|
||Adults Workshops||(2023)|150||150|375|
||Adults Workshops||(2022)|375||375||
|6.|CHARITABLE|ACTIVITIES||||||
|||||Unrestricted|Restricted|||
|||||Funds|Funds|31.03.23|31.03.22|
||Total Charitable|Activities (2023)||24,102|117,498|141.600|145,898|
||Total Charitable|Activities (2022)||40,026|105,872|145,898||





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||||||||Year ended|Year ended|
|---|---|---|---|---|---|---|---|---|
||||||||31.03 23|31.03 22|
||||||Unrestricted|Restncted|Total|Total|
||||||Funds|Funds|Funds|Funds|
||||||f||f|f|
|Arvareaess:|||||||||
|Advertrsing||and PR|||8,184||8,184|5,346|
||||||8 184|||5,346|
|Provision|ofCourses:||||||||
|Materials||||||11,852|11,852|7,619|
|Course Facdities||||||1,004|1,004|808|
|Teaching||||||21,025|21,025|36,759|
|Admmistration|||||837|13,102|13,939|12,310|
|Financial|Management||||408|6,391|6,799|6,504|
|Management||Support|||3,786|59,279|63,065|63,629|
|Marketing|&IT Development||||157|2,455|2,612|1,966|
|Printmg,|Postage, Stationery||and Marketing|Materials|4|56|60|13|
|Other Facilities|||||105|1,640|1,745|86|
|Insurance|||||32|502|534|390|
|Travel|||||12|192|204|405|
||||||5,341|117,498|122,839|130,489|
|Management||costs:|||||||
|Administralion|||||1,549||1,549|1,368|
|Financial|Management||||755||755|723|
|Management||Support|||7,007||7,007|7,070|
|Marketing|&IT Development||||290||290|218|
|Printing,|Postage and Communicauons||||||||
|Facilities|||||194||194||
|Insurance|||||59||59|43|
|Travel|||||||36|23|
|Independent||Examination|||680||680|600|
||||||10,577||10,577|10,063|
||||||24,102|117,498|141,600|145,898|





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|ND EMOLUMENTS|||||
|---|---|---|---|---|
||||2023|2022|
|Staff costs and|Key|Other|||
|emoluments|Management|Stag|||
|Salaries and fees|65,000||65,000|65,000|
|Social Security costs|3,122||3,122|3,749|
|Pension|1,950||1,950|1,950|
||70,072||70,072|70,699|
||||2022||
|Staff costs and|Key|Other|||
|emoluments|Management|Staff|||
|Salaries and fees|65,000||65,000||
|Social Security costs|3,749||3,749||
|Pension|1,950||1,950||
||70,699||70,699||



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||||||Unrestricted|Unrestricted|Restricted|Restricted||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds|||Funds|31.03.23||31.03.22|
||Accruals|(2023)|||4,297||||4,297||5,292|
||Deferred|income (2023|||||||||295|
||Other creditors (2023)||||3,886||||3,886||7,944|
||Total creditors||(2023)||8,|183|||8,|183|13,531|
||Accruals|(2022)|||5,292||||5,292|||
||Deferred|income (2022)||||295||||295||
||Other creditors (2022)||||7,944||||7,944|||
||Total creditors||(2022)||13,531||||13,531|||
|9.|FUNDS|||||||||||
||||||||||Net|||
|||||||||movement||||
||||||At||01.4.22|in funds||At|31.03.23|
||||||||f||||f|
|Unrestricted<br>funds||||||||||||
|General fund|||||||175,813|132,668|||308,481|
|Restricted<br>funds||||||||||||
|Course costs and||materials||||124,998||(81,498)|||43,500|
|TOTALFUNDS||||||300,811|||51,170||351,981|
||Net movement||in funds, included||in the above is as follows:|||||||
||||||||||||Net|
||||||||Income|Expenditure|||movement|
||||||||||||in funds|
|Unrestricted<br>funds|||||||157,318||(24,650)||132,668|
|Restricted<br>funds|||||||36,000|(117,498)|||(81,498)|
|TOTAL FUNDS|||||||193,318|(142,148|||51,170|
||Analysis ofnet||assets between|funds:||||||||
|||||||Unrestricted|||Restricted||Total|
||||||||funds||funds||funds|
||||||||f||f||f|
|Net|current assets|2023|||||308,481||43,500||351,981|
|Net|current assets|2022|||||175,813||124,998||300,811|
||||The|notes form part ofthese financial||statements||||||






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||||||||Year|
|---|---|---|---|---|---|---|---|
||||||||ended|
||||||2022|2022|2022|
||||||||Total|
||||||Unrestricted|Restricted|Funds|
|||||Note||||
|Income||||||||
|Donations|||||1,626|94,000|95,626|
|Trading Activities|||||1,039||1,039|
|Total income|||||2,665|94,000|96,665|
|Expenditure||||||||
|Raising funds|||||3,731||3,731|
|Fundraising|trading||||375||375|
|Expenditure|on charitable||activities||40,026|105,872|145,898|
|Total expenditure|||||44,132|105,872|150,004|
|Net (expenditure)/income|||and net|||||
|movement|in funds|for the|year||(41,467)|(11,872)|(53,339)|
|Reconciliation<br>ofFunds||||||||
|Total funds|brought|fonvard|||217,280|136,870|354,150|
|'fotal Funds|carried|forward|||175,813|124,998|300,811|





|Income|||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|Grants|||||||181,000|94,000|
|Donations|||||||8,611|1,626|
|Trading Activities|||||||3,335|1,039|
|Interest|||||||372||
|Total income|||||||193,318|96,665|
|Expenditure|||||||||
|Raising funds:|||||||||
|Events, Advertising|||and PR||||398|3,731|
|Fundraising<br>Trading|||||||150|375|
||||||||548|4,106|
|Charitable<br>Activities|||||||||
|Raising avvareness:|||||||8,184|5,346|
|Provision ofcourses:|||||||||
|Materials|||||||11,852|7,619|
|Facilities|||||||2,749|894|
|Teaching|||||||21,025|36,759|
|Adminisiration|||||||13,939|12,310|
|Financial Management|||||||6,799|6,504|
|Management|Support||||||63,065|63,629|
|Marketing &|ITDevelopment||||||2,612|1,966|
|Printing,<br>Postage,||Stationery|||and Marketing|Materials|60|13|
|Insurance|||||||534|390|
|Travel|||||||204|405|
||||||||122,839|130,489|
|Management|costs:||||||||
|Administration|||||||1,549|1,368|
|Financial<br>Management|||||||755|723|
|Management|Support||||||7,007|7,070|
|Marketing &|IT|Development|||||290|218|
|Printing,<br>Postage||and Communications|||||7|9|
|Facilities|||||||194|9|
|Insurance|||||||59|43|
|Travel|||||||36|23|
|Independent|Examination||||||680|600|
||||||||10,577|10,063|
|Total charitable||activities|||||142,148|150,004|
|Total expenditure|||||||142,148|150,004|
|Net income/(expense)||||and|||||
|net movement|in funds for the year||||||51,170|53,339|