| FOR THE | YEAR ENDING 31JU | LY 2021 | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| UNRESTRICTED | UNRESTRICTED | TOTAL | TOTAL | ||||
| NOTE | FUNDS | FUNDS | FUNDS | FUNDS | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Charitable | Activities | ||||||
| Education | and activities | 226,220 | 226,220 | 182,853 | |||
| Investment | Income | ||||||
| TOTAL | 226,220 | 226,220 | 182,854 | ||||
| EXPENDITURE ON | |||||||
| Charitable | Activities | ||||||
| Education | and Activities | 250,822 | 250,822 | 155,435 | |||
| 250,822 | 250,822 | 155,435 | |||||
| TOTAL INCOME/EXPENDITURE | (24,602) | (24,602) | 27,419 | ||||
| RECONCILIATION OF FUNDS |
|||||||
| Total Funds | Brought forward | 58,828 | 58,828 | 31,409 | |||
| Total FUNDS CARRIED FORWARD | 34,226 | 34,226 | 58,828 |
| FOR THE YEAR ENDING 31JU | LY202 | 1 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| UNRESTRICTED | UNRESTRICTED | TOTAL | TOTAL | ||
| NOTE | FUNDS | FUNDS | FUNDS | FUNDS | |
| FIXED ASSETS | |||||
| Tangible Fixed Assets | 237,099 | 237,099 | 180,367 | ||
| CURRENT ASSETS | |||||
| Debtors | 6,667 | ||||
| Cash at Bank | 4,202 | 4,202 | 51,402 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(64,149) | (64,149) | (110,562) | ||
| NET CURRENT ASSETS | (59,947) | (59,947) | (52,493) | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 177,152 | 177,152 | 127,874 | ||
| CREDITORS | (142,926) | (142,926) | (69,046) | ||
| Amounts falling due after more than |
one year | ||||
| NET ASSETS | 34,226 | 34,226 | 58,828 | ||
| FUNDS | |||||
| Restricted Funds |
|||||
| Unrestricted Funds |
34,226 | 58,828 | |||
| TOTAL | 34,226 | 38,828 |
| 3 | INVESTMENT | INCOME | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| E | |||||
| Deposit Account interest | |||||
| 4 | NET INCOME | /(EXPENDITURE) | 2021 | 2020 | |
| E | E | ||||
| Net income/(Expenditure) | is stated after | ||||
| charging/(Crediting):- | |||||
| Depreciation | -Owned assets | 2,941 | 1,95S |
| FREEHOLD | PLANT 82 | FIXTURES 88 | COMPUTER | MOTOR | ||
|---|---|---|---|---|---|---|
| PROPERTY | MACHINERY | FITTINGS | EQUIPMENT | VEHICLES | TOTAL | |
| COST | ||||||
| As at01.08.2020 | 174,503 | 3,164 | 5,287 | 3,726 | 2,495 | 189,175 |
| Additions | 53,779 | 5,894 | 59,673 | |||
| Disposals | ||||||
| As at31.07.2021 | 228,282 | 3,164 | 5,287 | 9,620 | 2,495 | 248,848 |
| DEPRECIATION | ||||||
| As at01.08.2020 | 2,742 | 3,549 | 1,893 | 624 | 8,808 | |
| Charge for year | 106 | 435 | 1,932 | 468 | 2,941 | |
| Eliminated | ||||||
| As at 31.07.2021 | 2.948 | 8.984 | 8,825 | 1,092 | 11,749 | |
| NET BOOK VALUE | ||||||
| 2021 | 228,282 | 316 | 1,303 | 5,795 | 1,403 | 237,099 |
| 2020 | 174,503 | 422 | 1,738 | 1,833 | 1,871 | 180,367 |
| 2021 | 2020 | |
|---|---|---|
| f | f | |
| Bank Loans and overdrafts | ||
| Other Loans (see note 10) | 31,646 | 34,210 |
| Socialsecurity and other taxes |
357 | |
| Other Creditors | 30,451 | 51,853 |
| Accrued Expenses | 2,052 | 24,142 |
| 64,149 | 116,562 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| f | f | |||||
| Other | Loans | (see | note | 10) | 142,926 | 69,046 |
| 142,926 | 69,046 |
| An analysis ofthe maturity | of loans isgiven below: | of loans isgiven below: | of loans isgiven below: | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| E | E | |||||
| Amounts falling due within one year on demand:- |
||||||
| Bank overdrafts | 804 | 1,210 | ||||
| Otherloans | 30,842 | 33,000 | ||||
| 31,646 | 34,210 | |||||
| Amounts falling due between one and two years |
||||||
| Otherloans | 31,645 | 34,210 | ||||
| Amounts falling due between two and five years |
||||||
| Otherloans | 111,281 | 34,836 | ||||
| MOVEMENT IN FUNDS |
||||||
| As at | Net | As at | Asat | Net | As at | |
| 01-Aug-20 | Movement | 31-Jul-21 | 01-Aug-19 | Movement | 31-Jul-20 | |
| Restricted Funds |
||||||
| Unrestricted Funds |
||||||
| General Funds |
58,828 | (24,602) | 34,226 | 31,409 | 27,419 | 58,828 |
| TOTALFUNDS | 58,828 | (24,602) | 34,226 | 31,409 | 27,419 | 58,828 |
| 2021 | 2020 | |||||
| Incoming | Resources | Movement | Incoming | Resources | Movement | |
| Resource | Expended | in Funds | Resource | Expended | in Funds | |
| Restricted Funds |
||||||
| Unrestricted Funds |
||||||
| General Funds |
226,220 | (250,822) | (24,602) | 182,854 | (155,435) | 27,419 |
| TOTAL FUNDS 226,220 |
(250,822) | (24,602) | 182,854 | (155,435) | 27,419 |