|Report ofthe Trustees|1|to|3|
|---|---|---|---|
|Independent
Examiner's
Report||||
|Statement
of Financial
Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||||
|Notes to the Financial Statements|9|to|12|
|Detailed Statement of Financial Activities||13||
##
##
##
##
##
||||||31.8.22|31.8.21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|F||f||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||45||45|(1,500)|
|Charitable
activities|||||||
|Education
for pupils19-25 years|old.||659,783|36,565|696,348|423,419|
|Total|||659,828|36,565|696,393|421,919|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Education for pupils19-25 years|old.||444,761|25,087|469,848|466,529|
|NET INCOME/(EXPENDITURE)|||215,067|11,478|226,545|(44,610)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||63,855|1,532|65,387|109,997|
|TOTAL FUNDS CARRIED FORWARD|||278,922|13,010|291,932|65,387|
##
|||||31.8.22|31.8.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund
E|fund
F|funds
f|funds|
|CURRENT ASSETS||||||
|Debtors||79,275|9,890|89,165|1,861|
|Cash at bank||279,641|8,581|288,222|66,526|
|||358,916|18,471|377,387|68,387|
|CREDITORS||||||
|Amounts
falling due within one year||(79,994)|(5,461)|(85,455)|(3,000)|
|NET CURRENT ASSETS||278,922|13,010|291,932|65,387|
|TOTAL ASSETS LESSCURRENT LIABILITIES||278,922|13,010|291,932|65,387|
|NET ASSETS||278,922|13,010|291,932|65,387|
|FUNDS|10|||||
|Unrestricted
funds||||278,922|63,855|
|Restricted funds||||13,010|1,532|
|TOTAL FUNDS||||291,932|65,387|
##
|||Notes|31.8.22
f|31.8.21
E|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Cash generated
from operations|||221,696|(56,089)|
|Net cash provided
by/(used|in) operating|activities|221,696|(56,089)|
|Change
in cash and cash|equivalents|in|||
|the reporting
period|||221,696|(56,089)|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||66,526|122,615|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||288,222|66,526|
##
|RECONCILIATION
ACTIVITIES|OF NET INCOME/(EXPE|NDITURE)
TO NET CASH FL|OW FROM OPERATING||
|---|---|---|---|---|
||||31.8.22|31.8.21|
|||||E|
|Net income/(expenditure)
for the reporting
Statement of Financial Activities)||period (as per the|226,545|(44,610)|
|Adjustments
for:
(Increase)/decrease|in debtors||(87,304)|8,749|
|Increase/(decrease)|in creditors||82,455|(20,228)|
|Net cash provided|by/(used
in) operations||221,696|(56,089)|
##
##
|ANALYSIS OF CHANGES
IN NET FUN|DS|||
|---|---|---|---|
||At 1.9.21|Cash flow|At 31.8.22|
||E|E||
|Net cash||||
|Cash at bank|66,526|221,696|288,222|
||66,526|221,696|288,222|
|Total|66,526|221,696|288,222|
##
##
##
##
##
##
##
##
|Further explan|ation
ofthe natur|ation
ofthe natur|ation
ofthe natur|e and pur|pose ofeach fund is included
in the|notes to the financial|statements.|
|---|---|---|---|---|---|---|---|
|DONATIONS|AND LEGACIES|||||||
|||||||31.8.22|31.8.21|
|||||||E|E|
|Donations||||||45|(1,500)|
|INCOME FROM||CHARITABLE||ACTIVITIES||||
|||||||31.8.22|31.8.21|
|||||Activity||||
|Grants||||Education|for pupils19-25 years old.|696,348|421,192|
|Bursaries 8 other||income||Education|for pupils19-25 years old.||2,227|
|||||||696,348|423,419|
|Grants received,||included|in the|above, are as follows:||||
|||||||31.8.22|31.8.21|
|||||||E||
|Local Authorities||||||686,458|421,192|
##
##
##
||||Support||
|---|---|---|---|---|
|||Direct|costs (see||
|||Costs
f|note 5)
F|Totals
E|
|Education|for pupils19-25 years old.|255,281|214,567|469,848|
|SUPPORT|COSTS||||
|||||Other|
|Education|for pupils19-25 years old.|||214,567|
##
##
##
|STAFF COS|TS||||||||
|---|---|---|---|---|---|---|---|---|
||||||||31.8.22|31.8.21|
||||||||K|E|
|Wages and salaries|||||||357,434|310,078|
||||||||357,434|310,078|
|The average|monthly|number||ofemployees||during the year was as follows:|||
||||||||31.8.22|31.8.21|
|Teachers|||||||3|3|
|Support staff|||||||7|7|
|||||||||10|
|No employees|received||emoluments||in excess ofE60,000.||||
|DEBTORS:AMOUNTS|||FALLING||DUE WITHIN ONE YEAR||31.8.22|31.8.21|
||||||||F||
|Trade debtors|||||||87,177||
|Prepayments|||||||1,988|1,861|
||||||||89,165|1,661|
|9.|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.8.22|31.8.21|
||Accruals and|deferred income||||||21,036||
||Accrued expenses|||||||64,419|3,000|
|||||||||85,455|3,000|
|10.|MOVEMENT|IN FUNDS||||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.9.21|in funds|31.8.22|
||||||||F|||
||Unrestricted|funds||||||||
||General fund||||||63,855|215,067|278,922|
||Restricted funds|||||||||
||Building
&fitness projects||||||1,532|11,478|13,010|
||TOTAL FUNDS||||||65,387|226,545|291,932|
||Net movement|in funds,|included|||in the above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources
f|expended|in funds|
||Unrestricted|funds||||||||
||General fund||||||659,828|(444,761)|215,067|
||Restricted funds|||||||||
||Building
&fitness projects||||||36,565|(25,087)|11,478|
||TOTAL FUNDS||||||696,393|(469,848)|226,545|
||Comparatives|for movement|||in|funds||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.9.20|in funds|31.8.21|
|||||||||F||
||Unrestricted|funds||||||||
||General fund||||||108,496|(44,641)|63,855|
||Restricted funds|||||||||
||Building
&fitness projects||||||1,501|31|1,532|
||TOTAL FUNDS||||||109,997|(44,610)|65,387|
##
|Comparat|ive
net movement|in funds,
included
in th|e above ar|e as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources
f|expended|in funds
f|
|Unrestricted
funds|||||||
|General|fund|||423,419|(468,060)|(44,641)|
|Restricted funds|||||||
|Building|8 fitness projects|||(1,500)|1,531|31|
|TOTAL|FUNDS|||421,919|(466,529)|(44,610)|
|A current|year 12 months|and prior year 12months|combined|position is as follows:|||
||||||Net||
||||||movement|At|
|||||At 1.9.20|in funds|31.8.22
f|
|Unrestricted
funds|||||||
|General|fund|||108,496|170,426|278,922|
|Restricted funds|||||||
|Building|8 fitness projects|||1,501|11,509|13,010|
|TOTAL|FUNDS|||109,997|181,935|291,932|
##
|A current
year 12 months|and prior year 12 months|combined|net movement|in funds,
included|in the above|are|
|---|---|---|---|---|---|---|
|as follows:|||||||
||||Incoming|Resources|Movement||
||||resources
E|expended|in funds
f||
|Unrestricted
funds|||||||
|General fund|||1,083,247|(912,821)|170,426||
|Restricted funds|||||||
|Building
&fitness projects|||35,065|(23,556)|11,509||
|TOTAL FUNDS|||1,118,312|(936,377)|181,935||
|RELATED PARTY DISCLOSURES|||||||
||31.8.22|31.8.21|
|---|---|---|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|45|(1,500)|
|Charitable
activities|||
|Grants|696,348|421,192|
|Bursaries
&other income||2,227|
||696,348|423,419|
|Total incoming resources|696,393|421,919|
|EXPENDITURE|||
|Charitable
activities|||
|Teachers' salaries|142,867|116,306|
|Rent|15,000|15,000|
|Education
equipment|11,414|5,191|
|Training|7,706|3,776|
|Office expenses|592|8,376|
|Hygiene
&cleaning
materials|381||
|Therapy|30,916|13,346|
|Other supplies
&services|12,841|1,109|
|Premises
maintenance|23,951|96,082|
|Heat & light|5,709|7,382|
|Professional
fees||40|
|Subscriptions|1,804|1,749|
|Independent
examiner fees|1,800|2,400|
|Consultancy|300|2,000|
||255,281|272,757|
|Support costs|||
|Other|||
|Support staff salaries|214,567|193,772|
|Total resources expended|469,848|466,529|
|Net income/(expenditure)|226,545|(44,610)|