| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 11 |
| Detailed Statement ofFinancial Activities |
| 31.8.20 | 31.8,19 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 6,651 | |||||
| Charitable | activities | ||||||
| Education | for pupils19-25 years old. | 195,841 | 195,841 | 315,525 | |||
| Other income | 150 | ||||||
| Total | 195,841 | 195,841 | 322,326 | ||||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Education | for pupils 19-25years old. |
289,020 | 289,020 | 2S3,984 | |||
| NKT INCOME/(EXPENDITURE) | (93,179) | (93,179) | 38,342 | ||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought | fonvard | 20],675 | 1,501 | 203,176 | 164,834 | ||
| TOTAL FUNDS CARRIED FORWARD | 100496 | 1,501 | 109,997 | 203 176 |
| 4, | STAFFCOSTS | STAFFCOSTS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| The average monthly | number ofemployees | during | the year was as follows: | ||||||
| 31.8.20 | 31.8.19 | ||||||||
| Teachers | 3 | 3 | |||||||
| Support staff | 4 | 4 | |||||||
| No employees | received emoluments | in excess of$60,000. | |||||||
| 5. | DEBTORS: | AMOUNTS FALLING DUK | WITHIN ONE YEAR | ||||||
| 3].8.20 | 31.8, 19 | ||||||||
| Prepayments | 10,610 | 11434 | |||||||
| 6. | CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR | ||||||||
| 31.8.20 | 31.8.19 | ||||||||
| Accrued expenses | 23,228 | 47406 | |||||||
| 7. | MOVEMKNT IN FUNDS | ||||||||
| Net | |||||||||
| movement | At | ||||||||
| At | 1.9.19 | in funds | 31.8.20 | ||||||
| Unrestricted | funds | ||||||||
| General fund |
201,675 | (93,179) | 108,496 | ||||||
| Restricted funds |
|||||||||
| Building & fitness projects | 1,501 | 1,501 | |||||||
| TOTAL I44DS | 203,176 | ~93,179) | 109,997 |
| Net movement | in funds, includ | ed in the above are as |
follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| K | |||||
| Unrestricted | funds | ||||
| General fund | 195,841 | (289,020) | (93,179) | ||
| TOTALI«DS | 19384 1 | ~289,02D) | ~93,179) | ||
| Comparatives | for movement | in funds | |||
| Net | |||||
| movement | At | ||||
| At 1.9.18 | in funds | 31.8.)9 | |||
| K | |||||
| Unrestricted | funds | ||||
| General fund | 155,604 | 46,071 | 201,675 | ||
| Restricted funds |
|||||
| Building &fitness projects | 9,230 | (7,729) | 1,501 | ||
| TOTAL FUNDS | 164 834 | 38,342 | 203,176 |
| Comparat | ive net movement in funds, included |
in the above are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General | fund | 316,214 | (270,143) | 46,071 |
| Restricted funtls |
||||
| Building | &fitness projects | 6,112 | (13,841) | (7,729) |
| TOTAL | FUNDS | 322 326 | (283,984) | 38,342 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.9.18 | in funds | 31.8.20 | ||||
| f. | ||||||
| Unrestricted | funds | |||||
| General | fund | 155,604 | (47,108) | 108,496 | ||
| Restricted | funds | |||||
| Building | & | fitness projects | 9,230 | (7,729) | 1,501 | |
| TOTAL | FUNDS | 164,834 | ~54 837) | 109997 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General | fund | 512,055 | (559,163) | (47,108) |
| Restricted funds |
||||
| Building | &fitness projects | 6,112 | (]3,841) | (7,729) |
| TOTAL | FUNDS | 518,167 | ~573 004) | ~54 837) |
| DETAILED STATEMENT OF F IORTEIEYEAR ENDED |
INANCIAL ACTIVITIES 31AUGUST 2020 |
|
|---|---|---|
| 31.8.20 | 31.8.19 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | 6,651 | |
| Charitable activities |
||
| Grants | 195,841 | 315,525 |
| Other income | ||
| Other il)colne | 150 | |
| Total incoming resources |
195,84] | 322,326 |
| EXPENDITURE | ||
| Charitable activities |
||
| Teachers' salaries |
109,954 | 67,695 |
| Rent | 15,000 | 7,342 |
| Education equipment |
1,383 | 3,272 |
| Training | 7,080 | 6,243 |
| Office expenses | 1,553 | 791 |
| Hygiene &cleaning materials | 371 | 1,151 |
| Therapy | 14,638 | 6,858 |
| Other supplies &services | 3,089 | 20,013 |
| Premises maintenance | 212 | 6,164 |
| Heat & light | 4,991 | 4,602 |
| Professional fees |
247 | |
| Subscriptions | 1,812 | 730 |
| Independent examiner fees |
2,979 | 2,121 |
| Consultancy | 800 | |
| 163,862 | 127,229 | |
| Suppol't costs | ||
| Othe) | ||
| Support staff salaries | 125,158 | 156,755 |
| Total resources expended | 289,020 | 283,984 |
| Net (expenditure)!income | ~93,179) | 38,342 |