2021-08-31-accounts

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Summary ofthe main achievements ofthe charity during the year		During the 2020/21 academic year we were eagerly awaiting the decision to include our school on the Czech Republic Department ofEducation's elite list ofcontractual schools. We were very happy to receive a positive response and have signed the agreement between the DofE and us in
		August 2021.Czech School Manchester thus joined this 'premier league'
		ofCzech schools abroad.
		During the spring and summer 2021 we were also trying to secure our
		own premises to enable us to provide evening adult courses, more
		workshops for children and families, run our holiday club-like Czech
		language learning clubs for children, as well as provide the school with	a
		solid base that would support the high quality ofteaching and learning	we
		are endeavouring to provide.

	Although we do not have an official policy on	reserves, we monitor our
Brief statement ofthe	cash flow very carefully and always have funds to cover the vitals costs
charity's policy on reserves	during the year, such as rent and teachers' payments.
Details ofany funds materially in deficit	Not applicable
Further financial review details	(Optional information)
You may choose to include additional information, where relevant about:	Main income ofthe school is from the school fees. We keep them to the bare minimum as we want the school to be affordable to the widest possible community. The fees have remained on the same level since the
~ the charity's principal	school opened in February 2011.
sources offunds (including	The fees are supplemented by our fundraising	activities during our
any fundraising);	events, such as tombolas, food donations to	our food stalls, etc.
~ how expenditure has supported the key objectives ofthe charity;	We are also recipients ofgrants from the Czech Ministry of Education and the Ministry of Foreign Affairs ofthe Czech Republic. Following the contractual agreement with the Department of Education we will also be recipients ofa regular subsidy based on number of pupils,
~ investment policy and	teaching costs and a coefficient as set up by	the DofE ofthe Czech
objectives including any	Republic.
ethical investment policy
adopted.
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O	CHARITY COMMISSION FOR ENGLAND AND WALES	CHARITY COMMISSION FOR ENGLAND AND WALES	CHARITY COMMISSION FOR ENGLAND AND WALES	CHARITY COMMISSION FOR ENGLAND AND WALES			Receipts and	Receipts and	Receipts and	payments	payments	accounts	accounts	accounts	accounts			CC&ea
						For	the period from		01/09/2020		To			Vonod oI n r r 31/08/2021
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						Unrestricted funds			Restricted funds		Endowment funds			Total		funds		Last year
						to the nearest 8			to the nearest	8	to the nearest		2	to the	nearest 8			to the nearest 8
A1 Receipts
Charitable activities		- Fees						10,302									10,302	7,361
Donations								83									83	1,599
Grants								22,099									22,099	6,487
Fundraising	events																	1,883
Sub total (Gross income for AR)								32,484									32,484	17,329
A2 Asset	and investment sales
(see table).
			Sub total
		Total		receipts				32,484		-			-			32,484		17,329
A3 Payments
Teaching salaries								7,907									7,9DT	8,328
Management	and administrations							5,430									5,43D	3,290
Rent								1,560									1,580	4,155
Olher services (storage, web,				postage)
																		668
Consumables								1,025									1,025	726
Artists fees																		550
Books and materials								122										505
Insurance								258
Other																		287
			Sub total					17,689								17,689		16,793
A4 Asset and investment
purchases,	(see table)
			Sub total
		Total payments						17,689		-			-			17,s89		16,793
Net ofreceiptsl(payments)								14,795								14,795		536
A5 Transfers between			funds
A6 Cash funds		last year		end				6,638								8,638
Cash	funds this		year end					21,433								21,433		536

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g+Im ~i+gr

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	Only complete ifthe examiner needs to highlight material	matters ofconcern
	(see CC32, Independent examination ofcharity accounts:	directions and
	guidance for examiners).
Give here brief details of	We were given access to the accounting software and bank statements.
any items that the
examiner wishes to disclose.	We confirm the closing balance for each month equals to on software including year end.	the closing balance
	We have looked through individual nominal accounts as shown on Trial
	Balance, Balance sheet and Profit &Loss account.
	The income consists ofFees, Grants and Donations, these are reflected		in the
	cash in hand and bank.
	Direct costs to the school are made oftutor fees, studying	materials and
	stationery.
	Further overheads have been scrutinised and all accounts	seem to be in	order.
	Journals forwages and balance due to HMRC on PAYE and Nl is showing
	according to the last payroll submission.
	There was no balance on Accounts payable as all the supplier invoices have
	been settled.
	Accounts receivable have been either written offor settied	in the following
	financial year.
	Historical adjustment represent opening balances in the bank and petty cash as of31/08/2020.
	We see no issue with the accounts at this stage, everything	seem in order.