2021-03-31-accounts

Financial stateme	nts
Statement offinancial	activities	13
Balance sheet		14
Statement ofcash flows		15
Principal accounting	policies	16
Notes to the financial	statements	18

						Year to			Year to
						31 March			31 March
				Unrestricted	Restricted	2021	Unrestricted	Restricted	2020
				funds	funds	Total	funds	funds	Total
			Notes	E	R		R	E
Income from:
Donations			1	2,593,169		2,593,169	1,457,837		1,457,837
Coronavirus	Job	Retention
Scheme				26,627		26,627
Investment	income			64		64
Total income				2,619,860		2,619,860	1,457,837		1,457,837
Expenditure	on;
Chaiitable	activities—
Promoting	and enhancing
charitable	work
.Grants payable			3	2,466,267		2,466,267	1,311,712		1,311,712
.Support costs			4	153,593		153,593	146,125	14,520	160,645
Total expenditure				2,619,860		2,619,860	1,457,837	14,520	1,472,357
Net expenditure		and net
movement	in funds							(14,520)	(14,520)
Reconciliation of		funds
Total funds	at 1 April 2020							14,520	14,520
Total funds	at 31	March 2021

				2021	2020
				Total	Total
			Notes
Current assets
Debtors			7	1,172,352	1,214,144
Cash at bank and	in	hand		1,834	5,803
				1,174,186	1,219,947
Liabilities
Creditors: falling due		within one year	8	(1,112,224)	(1,023,524)
Net current assets				61,962	196,423
Creditors: amount	falling due after more than one
year			9	(61,962)	(196,423)
Total net assets
The funds ofthe charity
Income funds
Restricted funds			10
Unrestricted general		funds

					Year to	Year to
					31 March	31 March
					2021	2020
					Total	Total
				Notes	R
Cash flows from operating				activities
Net cash	flows used	in	operating activities		(3,969)	(36,503)
					(3,969)	(36,503)
Change	in cash and	cash		equivalents	(3,969)	(36,503)
Cash and cash equivalents				at 1 April 2020	5,803	42,306
Cash and cash equivalents				at 31 March 2021	1,834	5,803
Notes to	the statement		of	cash flows for the year ended 31 March 2021:

Reconcili	ati	on	of net mo	vement in fu	nds to net cash flows from	operating activities
						Year to	Year to
						31 March	31 March
						2021	2020
						Total	Total
Net movement			in funds (as	per statement	offinancial activities)		(14,520)
Adjustments		for:
Decrease	in	debtors				41,793	383,363
(Decrease)		in	creditors			(45,762)	(405,346)
Net cash	used		in operating	activities		(3,969)	(36,503)

											Year to	Year to
										31	March	31 March
											2021	2020
											Total	Total
											R
Cash	and	cash	equivalents	(cash	at	bank	and	in	hand		1,834	5,803

					Year to			Year to
					31March			31 March
			Unrestricted	Restricted	2021	Unrestricted	Restricted	2020
			funds	funds	Total	funds	funds	Total
			E	R	E	F.		F,
Donations			2,576,000		2,576,000	1,828,000		1,828,000
Donations	in kind		13,200		13,200	13,200		13,200
Re-measurement		of amounts
receivable			3,969		3,969	(383,363)		(383,363)
Total funds			2,593,169		2,593,169	I 457,837		1,457,837

				Year to			Year to
				31 March			31 March
		Unrestricted	Restricted	2021	Unrestricted	Restricted	2020
		funds	funds	Total	funds	funds	Total
		E	E	5	F.		F.
Masters Scholarships
Direct grant	costs	2,123,532		2,123,532	1,575,581		1.575,581
Cancelled	grants	(37,442)		(37,442)
		2,086,090		2,086,090	1,575,581		1.575,581
General Fund
Direct grant	costs	328,791		328,791	35,802		35,802
		328,791		328,791	35,802		35,802
Development Fund
Cancelled	grants				(236)		(236)
					(236)		(236)
Leadership	Development
Direct grant	costs	51,386		51,386	30,000		30,000
Cancelled	grants				(326,858)		(326,858)
		51,386		51,386	(296,858)		(296,858)
Public Engagement
Cancelled	grants				(2,577)		(2,577)
					(2,577)		(2,577)
Total funds		2,466,267		2,466,267	1,311,712		1,311,712

Support cos	ts
			Year to	Year to
			31 March	31 March
			2021	2020
			Total	Total
Staff costs (note	4)		117,410	133,591
Other administration		costs	16,983	9,054
Office premises	gift in kind		13,200	13,200
Audit fee			6,000	4,800
Total funds			153,593	160,645

Staff costs
		Year to	Year to
		31 March	31 March
		2021	2020
		Total	Total
		5
Staff costs during the year were as follows:
Wages and salaries		105,002	106,352
Social security costs		9,960	10,189
Other pension costs		2,448	2,530
		117,410	119,071
Sub-contracted	staff		14,520
		117,410	133,591

2021	2020
No,	No.

Debtors
				2021	2020
				Total	Total
Donations	receivable	(note	12)	1,172,352	1,214,144

Creditors: falling	d	ue within one year
			2021	2020
			Total	Total
Grants payable			1,105,779	1,018,307
Accruals			6,445	5,2 l7
Total creditors falling	due within one year		1,112,224	1,023,524
Grant commitments	at	1 April 2020	1,214,730	1,590,607
Commitments made	in	the year	2,715,770	1,311,713
Grants paid during the		year	(2,762,760)	(1,687,590)
Grant commitments	at	31 March 2021	1,167,740	1,214,730
Falling due within one		year	1,105,779	1,018,307
Falling due in more	than one year (note 9)		61,962	196,423
			1,167,741	1,214,730

Credi	tors: falling due after more than on	e year
		2021	2020
		Total	Total
		R
Grants	payable	61,962	196,423

Analysis of net	assets between funds
			Restricted	General	Total
			funds	fund	2021
			E	E	E
Fund balances at	31 March 2021 are represented	by:
Net current assets				61,962	61,962
Creditors: amounts	falling due after more than one year			(61,962)	(61,962)
Total net assets
			Restricted	General	Total
			funds	fund	2020
Fund balances at	31 March 2020 are represented	by:
Net current assets				196,423	196,423
Creditors; amounts	falling due after more than one year			(196,423)	(196,423)
Total net assets