| Page | |||
|---|---|---|---|
| Report ofthe Trustees | l | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
| FOR THK Y | EAR EN | DED 31AUG | UST 2021 | ||||
|---|---|---|---|---|---|---|---|
| 31.8,21 | 31.S,20 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | ffund | funds | funds | ||||
| Notes | f. | ||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 31 | 100 | 131 | |||
| Charitable | activities | ||||||
| Education | for pupils 19-25years old. | 422,167 | 17,744 | 439,911 | 195,&41 | ||
| Other income | |||||||
| Total | 422,198 | 17,844 | 440,042 | 195,841 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Education | for pupils 19-25years old. | 466,S39 | 17,813 | 484,652 | 289,020 | ||
| NET (EXPENDITURE)/INCOME | (44,641) | 31 | (44,610) | (93,179) | |||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought fonvard | 108,496 | 1,501 | 109,997 | 203,176 | |||
| TOTAL FUNDS CARRIED FORWARD | 63,855 | 1 532 | 65387 | 109,997 |
| 31.8.21 | 31.8.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| CURRENT ASSETS Debtors Cash at bank |
1,861 64 994 |
1 532 | 1,861 66526 |
10,610 122,615 |
|
| 66,855 | 1,532 | 68,387 | 133,225 | ||
| CREDITORS Amounts falling due within one year |
(3,000) | (3,000) | (23,228) | ||
| NET CURRENT ASSETS | 63 855 | 1 532 | 65 387 | 109,997 | |
| TOTAL ASSETSLESS CURRENT LIABILITIES |
63,855 | 1,532 | 65,387 | 109,997 | |
| NET ASSETS | 63 855 | 1 532 | 65387 | 109,997 | |
| FUNDS Unrestricted funds Restricted funds |
63,855 1,532 |
108,496 1 501 |
|||
| TOTAL r4UNDS | 65387 | 109997 |
| STAFI& COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| The average monthly | number ofemployees | during | the year was as follows: | |||||
| 31.&,21 | 31.8.20 | |||||||
| Teachers | 3 | 3 | ||||||
| Support staff | 7 | 4 | ||||||
| 10 | ||||||||
| No employees received emolunients |
in excess of$60,000. | |||||||
| 5. | DEBTORS:AMOUNTS FALLING DUE | WITHIN ONE YEAR | ||||||
| 31.8.21 | 31.8.20 | |||||||
| Prepayments | 1,861 | 10,610 | ||||||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||||
| 31.8.21 | 31.8.20 | |||||||
| Accrued expenses | 3 000 | 23,228 | ||||||
| 7. | MOVEMENT IN FUNDS | |||||||
| Net | ||||||||
| movement | At | |||||||
| At | 1.9.20 | in funds | 31.8.21 | |||||
| Unrestricted fuuds |
||||||||
| General fund |
108,496 | (44,641) | 63,855 | |||||
| Restricted funds |
||||||||
| Building 8cfitness projects | 1,501 | 31 | 1,532 | |||||
| Free meal provision | Ee burseries | |||||||
| TOTAL FUNDS | 109,992 | ~44,610) | 65,387 |
| Net movement in funds, inclu |
de | d in the above |
are as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds General fund |
422,198 | (466,839) | (44,641) | ||
| Restricted funds Building & Fitness projects |
17,844 | (17,813) | 31 | ||
| Free meal provision & bursaries | |||||
| TOTAL FUNDS | 440 042 | ~484 652) | ~44,610) | ||
| Comparatives for movement |
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 FUNDS | 203,176 | ~93 179) | 109,997 | ||
| Comparative net moveinent |
in | funds, included | in the above are as follows: | ||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 195,841 | (289,020) | (93,179) | ||
| TOTAL FUNDS | 195,841 | ~289,020) | ~93 179) |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.9.19 | in funds | 31.8.21 | |
| Unrestricted funds |
|||
| General fund | 201,675 | (137,820) | 63,855 |
| Restricted funds | |||
| Building &fitness projects | 1,501 | 31 | 1,532 |
| Free meal provision & bursaries | |||
| TOTALI))DS | 203 176 | ~137789) | 65 387 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund |
618,039 | (7SS,859) | (137,820) |
| Restricted funds | |||
| Building &fitness projects | 17,844 | (17,813) | 31 |
| Free meal provision &bursaries | |||
| TOTAL I11DS | 635,883 | ~773,672) | ~137789) |
| CIIADSGROVE E | CIIADSGROVE E | DUCATIONAL T | RUST | |
|---|---|---|---|---|
| DETAILED STATEMENT | OF FINANCIAL | ACTIVITIES | ||
| FOR THK YEAR ENDED 31AUGUST 2021 | ||||
| 31.8.21 | 31.8.21 | 31.8.21 | 31.8,20 | |
| Um estricted | Restricted | Total funds | Total funds | |
| Funds | Funds | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 31 | 100 | 131 | |
| Charitable activities |
||||
| Grants | 422,167 | 17,744 | 439,911 | 195,841 |
| Total incoming resources |
422,198 | 17,844 | 440,042 | 195,841 |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Teachers' salaries | 125,622 | 125,622 | 109,954 | |
| Support staff salaries Rent |
184,456 15,000 |
184,456 15,000 |
125,158 15,000 |
|
| Education equipment Training Office expenses Hygiene & cleaning materials Therapies Other supplies & services Premises maintenance |
7,429 3,776 520 13,346 7,037 288 |
3,622 | 7,528 3,776 520 13,346 10,659 288 |
1,383 7,080 1,553 371 14,638 3,089 212 |
| Propeity development Heat, light & water Subscriptions Independent examiner fees Consultancy |
95,794 7,382 1,789 2,400 2,000 |
14,092 | 109,886 7,382 1,789 2,400 2,000 |
4,991 1,812 2,979 800 |
| 466,839 | 17,813 | 484,652 | 289,020 | |
| Net (expenditure)/inconie | (44,641) | 31 | (44,610) | (93,179) |