| Page | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | |||
| 1to 3 | ||||
| Independent | Examiner's | Report | ||
| Statement of | Financial | Activities | ||
| Balance Sheet | ||||
| Notes to the Financial | Statements | |||
| 7to 11 | ||||
| Detailed Statement of |
Financial Activities | 12 |
| 31-Aug-21 | 31-Aug-20 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | E | f | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
178,660 | 8,675 | 187,335 | 190,110 | ||||
| EXPENDITURE ON | ||||||||
| Raising funds | 2 | 180,324 | 3,986 | 184,310 | 179,298 | |||
| NET INCOME | 1,664) | 4,689 | 3,025 | 10,812 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 67,969 | 3,600 | 71,569 | 60,757 | |||
| TOTAL FUNDS CARRIED FORWARD | 66,305 | 8,289 | 74,594 | 71,569 |
| 31-Aug-21 | 31-Aug-20 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tota I | |||||
| funds | funds | funds | funds | |||||
| Notes | E | E | ||||||
| FIXEDASSETS | ||||||||
| Tangible assets | 1,677 | 1,677 | 2,228 | |||||
| CURRENT ASSETS | ||||||||
| Debtors | 7 | 7,996 | 7,996 | 24,262 | ||||
| Cash at bank | and in hand | 74,740 | 8,289 | 83,029 | 72,189 | |||
| 82,736 | 8,289 | 91,025 | 96,451 | |||||
| CREDITORS | ||||||||
| Amounts falling due within one year |
8 | ( | 18,108) | ( | 18,108) ( | 27,110) | ||
| 64,628 | 8,289 | 72,917 | 69,341 | |||||
| TOTAL ASSETS LESSCURRENT | ||||||||
| LIABILITIES | 66,305 | 8,289 | 74,594 | 71,569 | ||||
| NET ASSETS | 66,305 | 8,289 | 74,594 | 71,569 | ||||
| FUNDS | ||||||||
| Unrestricted | funds | 66,305 | 67,969 | |||||
| Restricted funds | 8,289 | 3,600 | ||||||
| 74,594 | 71,569 |
| RAISING FUNDS | |
|---|---|
| Raising donations | and legacies |
| Support costs |
| 31-Aug-21 | 31-Aug-20 |
|---|---|
| E | E |
| 158,308 | 144,171 |
| 31-Aug-21 | 31-Aug-20 | |||
|---|---|---|---|---|
| Tutor salaries | 4 | 4 | ||
| Admin salaries | 2 | 2 | ||
| 6 | 6 | |||
| No employees | received emoluments | in excess ofE60,000. |
| COMPARATIVES F |
O | R THE STA | TEMENT OF FINAN | CIAL ACTIVITIES | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| 6 | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
165,225 | 24,885 | 190,110 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 158,013 | 21,285 | 179,298 | |||
| NET INCOME | 7,212 | 3,600 | 10,812 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 57,157 | 3,600 | 60,757 | ||
| TOTAL FUNDS CARRIED FORWARD | 64,369 | 7,200 | 71,569 |
| TANGIBLE FIX | ED ASSE | TS | |||
|---|---|---|---|---|---|
| Fixtures | |||||
| and fittings | |||||
| E | |||||
| COST | |||||
| At 1September 2020 | 9,546 | ||||
| Additions | 1,864 | ||||
| Disposals | |||||
| At 31August | 2021 | 11,410 | |||
| DEPRECIATION | |||||
| At 1September 2020 | 7,318 | ||||
| Charge for year | 2,415 | ||||
| On disposal | |||||
| At 31August | 2021 | 9,733 | |||
| NET BOOK VALUE | |||||
| At 31August | 2021 | 1,677 | |||
| At 31August | 2020 | 2,228 | |||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 31-Aug-21 | 31-Aug-20 | ||||
| E | f | ||||
| Trade debtors | 6,823 | 22,527 | |||
| Other debtors | 554 | ||||
| Prepayments | and accrued income | 1,173 | 1,181 | ||
| 7,996 | 24,262 | ||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 31-Aug-21 | 31-Aug-20 | ||||
| E | E | ||||
| Trade creditors | 3,642 | 272 | |||
| Social security | and other | taxes | 4,615 | 1,577 | |
| Accruals and | deferred | income | 9,851 | 25,261 | |
| 18,108 | 27,110 |
| Bfwd | Net | Cfwd | |||||||
|---|---|---|---|---|---|---|---|---|---|
| At | movement | At | |||||||
| 01-Sep-20 | in funds | 31-Aug-21 | |||||||
| E | f | ||||||||
| Unrestricted | funds | ||||||||
| General fund |
67,969 | ( | 1,664) | 66,305 | |||||
| Restricted funds | |||||||||
| Restricted fund |
3,600 | 4,689 | 8,289 | ||||||
| TOTAL FUNDS | 71,569 | 3,025 | 74,594 | ||||||
| Net movement | in funds, included | in the above | are as follows: | ||||||
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| E | f | ||||||||
| Unrestricted | funds | ||||||||
| General fund | 178,660 | ( | 180,324) | ( | 1,664) | ||||
| Restricted funds | |||||||||
| Restricted fund | 8,675 | ( | 3,986) | 4,689 | |||||
| TOTALFUNDS | 187,335 | ( | 184,310) | 3,025 | |||||
| Comparatives | for movement | in funds: | |||||||
| Bfwd | Net | Cfwd | |||||||
| At | movement | At | |||||||
| 01-Sep-19 | in funds | 31-Aug-20 | |||||||
| E | E | E | |||||||
| Unrestricted | funds | ||||||||
| General fund | 60,757 | 7 212 | 67,969 | ||||||
| Restricted funds | |||||||||
| Restricted fund |
3,600 | 3,600 | |||||||
| TOTAL FUNDS | 60,757 | 10,812 | 71,569 | ||||||
| Comparative | net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| f | E | ||||||||
| Unrestricted | funds | ||||||||
| General fund |
165,225 | ( | 158,013) | 7,212 | |||||
| Restricted funds | |||||||||
| Restricted fund |
24,885 | ( | 21,285) | 3,600 | |||||
| TOTAL FUNDS | 190,110 | ( | 179,298) | 10,812 |
| A current yea | r 12 months and prior year |
12months combined position is |
as follows: | |
|---|---|---|---|---|
| Bfwd | Net | Cfwd | ||
| At | movement | At | ||
| 01-Sep-19 | in funds | 31-Aug-21 | ||
| f | E | f | ||
| Unrestricted | funds | |||
| General fund | 60,757 | 5,548 | 66,305 | |
| Restricted funds | ||||
| Restricted fund | 8,289 | 8,289 | ||
| TOTALFUNDS | 60,757 | 13,837 | 74,594 |
| the above are | as follows: | ||||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| 6 | E | ||||
| Unrestricted | funds | ||||
| General fund | 343,885 | ( | 338,337) | 5,548 | |
| Restricted funds | |||||
| Restricted fund | 33,560 | ( | 25,271) | 8,289 | |
| TOTALFUNDS | 377,445 | ( | 363,608) | 13,837 |
| 31-Aug-21 | 31-Aug-20 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and legacies |
|||||
| Donations | 1,255 | 2,384 | |||
| Assessments | and | reports | 50,453 | 40,903 | |
| Tuition | 99,793 | 79,516 | |||
| Bursary income | 21,205 | 19,307 | |||
| Other income | 4,927 | 3,242 | |||
| Government | grants | 9,702 | 44,758 | ||
| Total incoming resources | 187p335 | 190,110 | |||
| EXPENDITURE | |||||
| Other trading | activities | ||||
| Bursary support | provided | 23,789 | 21,293 | ||
| Educational | materials | 1,363 | 882 | ||
| Training | 850 | 3,867 | |||
| Psychologist | fees | 9,025 | |||
| Bad debts | 60 | ||||
| 26,002 | 35,127 | ||||
| Support costs | |||||
| Wages | 123,970 | 110,169 | |||
| Social security | 5,167 | 8,796 | |||
| Pensions | 2,596 | 2,186 | |||
| Repairs and | renewals | 1,790 | 713 | ||
| Insurance | 831 | 754 | |||
| Rent and room hire | 14,870 | 13,980 | |||
| Telephone | 780 | 780 | |||
| Postage and | stationery | 1,033 | 947 | ||
| Advertising | 100 | ||||
| Sundries | 11112 | 332 | |||
| Motor and travelling | 1,315 | 792 | |||
| 153,464 | 139,549 | ||||
| Finance | |||||
| Bank charges | 898 | 709 | |||
| Depreciation | oftangible fixed assets | 2,415 | 2,280 | ||
| 3,313 | 2,989 | ||||
| Governance | costs | ||||
| Accountancy | and legal costs | 1,531 | 1,633 | ||
| Total resources expended | 184,310 | 179,298 | |||
| Net income | 3,025 | 10,812 |