| Page | ||
|---|---|---|
| Trustees' report | ||
| Statement of | financial activities | |
| Balance sheet | ||
| Notes to the accounts | 7-10 | |
| Independent | examiners report |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Notes | |||||||
| Income and endowments | |||||||
| Donations and legacies | 4 | 5,651 | 5,651 | 33,968 | |||
| Other income | 5 | 293,785 | 293,785 | 257,471 | |||
| Total income | 299,436 | 299,436 | 291,439 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 237,363 | 237,363 | 191,390 | |||
| Grants distributed | 234 | 234 | |||||
| Total expenditure | 237,597 | 237,597 | 191,390 | ||||
| Net income and net movement | in funds | 61,839 | 61,839 | 100,049 | |||
| Reconciliation offunds | |||||||
| Total funds brought forward | 106,396 | 100,000 | 206,396 | 106,347 | |||
| Total funds carried forward | 168,235 | 100,000 | 268,235 | 206,396 |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| Fixed assets | |||||
| Tangible assets | 527,290 | 509,379 | |||
| Current assets | |||||
| Debtors | 10 | 36,771 | 15,556 | ||
| Cash in bank | 61,688 | 48,982 | |||
| 98,459 | 64,538 | ||||
| Creditors: due in one year | (20,650) | (660) | |||
| Net current assets | 77,809 | 63,878 | |||
| Total assets less current liabilities | 605,099 | 573,257 | |||
| Creditors: due after one year | 12 | (336,864) | (366,861) | ||
| 268,235 | 206,396 | ||||
| Funds ofthe charity | |||||
| Restricted funds Unrestricted funds |
100,000 168,235 |
100,000 106,396 |
|||
| 268,235 | 206,396 |
| onations and lega |
cies | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | |
| funds | funds | 2021 | 2020 | |
| Donations | 5,651 | 5,651 | 33,968 | |
| Grants —lottery | ||||
| Grants —student | ||||
| 5,651 | 5,651 | 33,968 |
| her income | |||||
|---|---|---|---|---|---|
| Unrestricted | funds | Unrestricted | funds | ||
| 2021 | 2020 | ||||
| Student fees | 104,471 | 98,590 | |||
| Government | funding | 2018/19 | 9,966 | ||
| Government | funding | 2019/20 | 139,151 | ||
| Government | funding | 2020/21 | 185,157 | ||
| Government | furlough | grants | 4,157 | 9,764 | |
| 293,785 | 257,471 |
| For the year ended | For the year ended | For the year ended | 31August 2021 | ||
|---|---|---|---|---|---|
| 6. | Analysis ofexpenditure | ||||
| Support costs | 2021 | 2020 | |||
| Staff costs | 111,665 | 82,936 | |||
| Lecturers | 10,253 | 8,372 | |||
| Advertising | 170 | 436 | |||
| Cleaning and waste | 7,044 | 4,705 | |||
| Telephone and internet |
903 | 730 | |||
| Repairs | 217 | 5,949 | |||
| Extracurricular | activities | 27,651 | 16,056 | ||
| Security costs | 1,363 | ||||
| Exam registration | fees | 16,650 | 15,967 | ||
| Insurance | 1,861 | 1,121 | |||
| Postage, printing, | stationery | 2,363 | 412 | ||
| Rent | 8,920 | 4,216 | |||
| Rates | 2,619 | 4,891 | |||
| Supplies | 8,172 | 5,999 | |||
| Travel | 12,951 | 4,803 | |||
| Water | 363 | 374 | |||
| General office | 4,553 | 6,645 | |||
| Governance costs |
1,371 | 959 | |||
| Training costs | 4,908 | 1,103 | |||
| Other interest | payable | 6,400 | 22,400 | ||
| Equipment leasing |
5,666 | ||||
| Depreciation | 815 | 959 | |||
| Sundry | 1,848 | 994 | |||
| 237,363 | 191,390 | ||||
| 7. | Staff costs | ||||
| 2021 | 2020 | ||||
| Wages and salaries | 107,812 | 81,260 | |||
| Lecturers | 10,253 | 8,372 | |||
| Social security | costs | 2,999 | 679 | ||
| Employer pension | contributions | 854 | 997 | ||
| 121,918 | 91,308 |
| angible Assets | ||||||
|---|---|---|---|---|---|---|
| Land k | Computer | Fixtures and | ||||
| buildings | Equipment | Fitting | Total | |||
| Cost B/F | 503,944 | 4,919 | 1,735 | 510,598 | ||
| Additions | 18,726 | 18,726 | ||||
| 522,670 | 4,919 | 1,735 | 529,324 | |||
| Depreciation | ||||||
| B/F | 738 | 481 | 1,219 | |||
| Charge for the | year | 627 | 188 | 815 | ||
| 1,365 | 669 | 2,034 | ||||
| Carrying amount |
||||||
| At 31August 2021 | 522,670 | 3,554 | 1,066 | 527,290 | ||
| At 31August 2020 | 503,944 | 4,181 | 1,254 | 509,379 | ||
| ebtors: amounts | due in one | year | ||||
| 2021 | 2020 | |||||
| Government | exam funding | 13,915 | ||||
| New building | deposit | 36,000 | ||||
| Other debtors | 771 | 1,641 | ||||
| 36,771 | 15,556 |
| Fo | r the year ended 31Augu | st 2021 | |||
|---|---|---|---|---|---|
| 11. | Creditors: | amounts | due in one year | ||
| 2021 | 2020 | ||||
| Trade creditors | 650 | 660 | |||
| Deposit | re sale of | property | 20,000 | ||
| 20,650 | 660 | ||||
| 12. | Creditors: | amounts | due after one year | ||
| 2021 | 2020 | ||||
| Bank loans | 47,426 | 50,000 | |||
| Other creditors and accruals | 289,438 | 316,861 | |||
| 336,864 | 366,861 |