| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| 6 | F | |||
| Income and Endowments | (2) | 183,573 | 99,812 | |
| Expenditure | 137,142 | 105,586 | ||
| Net income (expenditure) | for the period | (3) | 46,431 | (5,774) |
| Net Income (expenditure) | before tax | 46,431 | (5,774) | |
| Tax payable | (4) | |||
| Net income (expenditure) | after taxation | 46,431 | (5,774) | |
| Total Funds Brought Forward | 180,202 | 185,976 | ||
| Total Funds Carried Forward | (13) | 226,633 | 180,202 |
| Net income ex enditure |
Net income ex enditure |
for the | ear After Taxation | ||
|---|---|---|---|---|---|
| Total Net | Income for the | year per | SOFA - Page 6 | 46,431 | 5,774 |
| Total Net | Income as above | 46,431 | 5,774 | ||
| Retained | Income Carried | Forward | |||
| Total funds C/fwd per SOFA- Page 6 |
226,633 | 180,202 | |||
| Retained | Funds Carried | Forward | as above | 226 633 | 180,202 |
| BALANCE SHEET AS AT 31AUGUST 2022 | BALANCE SHEET AS AT 31AUGUST 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | 2022 F |
2021f | ||||
| FIXEDASSETS | ||||||
| Tangible Fixed Assets |
(8) | 353,829 | 353,740 | |||
| CURRENT ASSETS | (9) | 274,466 | 228,068 | |||
| 274,466 | 228,068 | |||||
| LIABILITIES: | ||||||
| Amounts falling due |
||||||
| within one year | (10) | 836 | 780 | |||
| NET CURRENT | ASSETS | 273,630 | 227,288 | |||
| LIABILITIES: | ||||||
| Amounts falling due |
||||||
| after more than one year | (11) | 400,827 | 400,827 | |||
| 400,827 | 400,827 | |||||
| TOTAL NET ASSETS | 226 632 | 180201 | ||||
| ACCUMULATED | FUNDS | |||||
| Unrestricted | (13) | 201,580 | 155,733 | |||
| Restricted | (13) | 25,053 | 24,469 | |||
| 226,633 | 180,202 |
| FOR | THE PERI | OD ENDED 31 | AUGUS | T 20 | 22 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Year | Year | |||||||||
| Ended | Ended | |||||||||
| 31.08.22 | 31.08.21 | |||||||||
| Notes | unrestricted | Restricted | Endowment | Total | Total | |||||
| Funds | Funds | Funds | Funds | Funds | ||||||
| Income And | Expenditure | f | f | f | f | f | ||||
| Donations and legacies |
(2) | |||||||||
| School fees | 160,420 | 160,420 | 82,704 | |||||||
| Uganda school project | 584 | 584 | 2,927 | |||||||
| Interest received | 25 | 25 | ||||||||
| Other trading | activities | 22,544 | 22,544 | 14,181 | ||||||
| Total Income And Endowments | 182,989 | 584 | 183,573 | 99,812 | ||||||
| Expenditure | on | |||||||||
| Expenditure | on raising funds | (5) | ||||||||
| Expenditure | on charitable | activities | (6) | 137,142 | 0 | 137,142 | 105,586 | |||
| Total Expenditure | 137,142 | 0 | 137,142 | 105,586 | ||||||
| Net income before tax | 45,847 | 584 | 46,431 | (5,774) | ||||||
| Tax payable | (4) | |||||||||
| Net Income | (Expenditure) | |||||||||
| Net Income | (Expenditure) | After Tax | 45,847 | 584 | 46,431 | (5,774) | ||||
| Net Income | For The Year | 45,847 | 584 | 46,431 | (5,774) | |||||
| Total Funds | Brought Forward | 155,733 | 24,469 | 180,202 | 185,976 | |||||
| TOTAL FUNDS CARRIED FNVD | (13) | 201,580 | 25,053 | 226,633 | 180,202 |
| 5 | Expenditure on Raising |
Funds | Funds | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|---|---|---|
| Funds | Funds E |
2022f | 2021 E |
||||
| Volunteer exoenses | |||||||
| 6 | Expenditure on Charitable |
Activities | Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2022 | 2021 | ||||
| Notes | 6 | ||||||
| Teaching Staff cost | 69,470 | 69,470 | 47165 | ||||
| Tutor cost | 23,931 | 23,931 | 19914 | ||||
| Text books and learning | material | 10,226 | 10,226 | 691 | |||
| Examination and test fees |
2692 | ||||||
| Festival and presentation | cost | 788 | 788 | ||||
| Openday expenses | 136 | 136 | |||||
| School activities | 1360 | 1,360 | 145 | ||||
| Support costs | 31,231 | 31,231 | 34,979 | ||||
| 137,142 | 0 | 137,142 | 105,586 | ||||
| 7 | Analysis ofSupport Costs | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | 2021 | 2020 | ||||
| E | E | ||||||
| Accountancy fees |
1020 | 1,020 | 2,010 | ||||
| Other legal and professional | fees | 840 | 840 | ||||
| Rent and rates | 16,908 | 16,908 | 16,425 | ||||
| Cleaning | 195 | 195 | |||||
| Bank Charges | 262 | 262 | 612 | ||||
| Printing &Stationery |
1,175 | 1,175 | 147 | ||||
| Insurance | 455 | 455 | 691 | ||||
| Travel &subsist expenses | 170 | 170 | 228 | ||||
| Company house |
40 | 40 | 40 | ||||
| Traning cost | 823 | 823 | 25 | ||||
| Subdcriptions | 40 | 40 | |||||
| Online library software | 2,751 | 2,751 | |||||
| Computer maint. &web |
hosting | 96 | 96 | 219 | |||
| Service charge &coucil | tax | 255 | 255 | 1,867 | |||
| Ground rent |
172 | 172 | 220 | ||||
| Repairs &maintenance | 3,742 | 3,742 | 10,902 | ||||
| Onsite security | 1,080 | 1,080 | |||||
| Online education | 608 | ||||||
| Telephone and internet |
609 | 609 | 412 | ||||
| Sundry expenses | 10 | 10 | 15 | ||||
| Depreciation | 588 | 588 | 558 | ||||
| 31,231 | 31,231 | 34,979 |
| 8 | TANGIBLE FIXEDASSE | TS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fittings & | Land | And | Total | ||||||||
| Equipment | Property | ||||||||||
| COST | |||||||||||
| At 1 September 2021 | 7,068 | 352,067 | 359,135 | ||||||||
| Addition | 677 | 677 | |||||||||
| At 31August 2022 | 7,745 | 352 067 | 359 812 | ||||||||
| DEPRECIATION | |||||||||||
| At 1 September 2021 | 5,395 | 5,395 | |||||||||
| Charge for the Year | 588 | 588 | |||||||||
| At 31August 2022 | 5,983 | 0 | 5 983 | ||||||||
| NET BOOK VALUE | |||||||||||
| At 31August 2022 |
1 | 762 | 352,067 | 353,829 | |||||||
| At 31August 2021 | 1,673 | 352 067 | 353740 | ||||||||
| 9 | CURRENT ASSETS | ||||||||||
| 2022 | 2021 | ||||||||||
| 8 | |||||||||||
| Cash at bank | 274,466 | 227,999 | |||||||||
| Other debtors | 69 | ||||||||||
| 274,466 | 228 068 | ||||||||||
| 10 | LIABILITIES:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||||
| 2021 | 2020 | ||||||||||
| 8 | |||||||||||
| Paye payments | 56 | ||||||||||
| Accruals and creditors |
780 | 780 | |||||||||
| 836 | 780 | ||||||||||
| 11 | LIABILITIES:AMOUNTS | FALLING DUE AFTER ONE YEAR | |||||||||
| 2022 | 2021 | ||||||||||
| 8 | 5 | ||||||||||
| Trustees funds | 400,827 | 400 827 | |||||||||
| 400,827 | 400 827 | ||||||||||
| 12 | COMPANY STATUS | ||||||||||
| The charity is limited company | by guarantee | and has no | share | capital. | All members | have | |||||
| agreed to contribute a sum not exceeding 6 10(51 for unwaged | individuals) | in event of | |||||||||
| winding up. |
|||||||||||
| 13 | RESERVES | ||||||||||
| Unrestricted | Restricted | Total | Total | ||||||||
| Funds f |
Funds 6 |
2022 8 |
2021 5 |
||||||||
| Balance as at 31.08.2021 | 155,733 | 24,469 | 180,202 | 185,976 | |||||||
| Add:net income (expenditure) | for the year | 45,847 | 584 | 46,431 | 5,774 | ||||||
| Total Reserves | 201,580 | 25,053 | 226,633 | 180,202 | |||||||
| Balance carried forward | 201,580 | 25,053 | 226 633 | 180202 |