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|||Page|
|---|---|---|
|Trustees' report|||
|Statement of|financial activities||
|Balance sheet|||
|Notes to the|accounts|7 —10|
|Independent|examiners report||





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||F|or the|year e|nded 31Aug|ust 2022|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Notes|F||||
|Income and endowments<br>Donations<br>and legacies<br>Other income<br>Surplus on sale of property|||4<br>5|750<br>281,459<br>84,962|50,000|50,750<br>281,459<br>84,962|5,651<br>293,785|
|Total income||||367,171|50,000|417,171|299,436|
|Expenditure<br>Expenditure<br>on charitable<br>Exceptional costs<br>Grants distributed|activities||6<br>6|240,090<br>33,394<br>203||240,090<br>33,394<br>203|222,043<br>15,320<br>234|
|Total expenditure||||273,687||273,687|237,597|
|Net income and net movement||in funds||93,484|50,000|143,484|61,839|
|Reconciliation offunds||||||||
|Total funds brought forward||||168,235|100,000|268,235|206,396|
|Total funds carried forward||||261,719|150,000|411,719|268,235|





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||As at 31|August 202|2|||
|---|---|---|---|---|---|
||Notes||2022||2021|
|Fixed assets<br>Tangible assets|||1,170,573||527,290|
|Current assets<br>Debtors|10|||36,771||
|Cash in bank||30,854||61,688||
|||30,854||98,459||
|Creditors: due in one year||(650)||(20,650)||
|Net current assets|||30,204||77,809|
|Total assets less current liabilities|||1,200,777||605,099|
|Creditors: due after one year|12||(789,058)||(336,864)|
||||411,719||268,235|
|Funds ofthe charity||||||
|Restricted funds|||150,000||100,000|
|Unrestricted<br>funds|||261,719||168,235|
||||411,719||268,235|





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|Donations|and|legacies|||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted||Total funds|Total|funds|
||||funds||funds|2022||2021|
|Donations|||750||50,000|50,750||5,651|
|Other income|||||||||
||||Unrestricted||funds|Unrestricted||funds|
||||||2022|||2021|
|Student fees|||||110,004||104,471||
|Government||funding|2022/21||170,759||185,157||
|Government||furlough|grants||696|||4,157|
||||||281,459||293,785||





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|Notes to the Financ<br>For the year ended|Notes to the Financ<br>For the year ended|ial Statements<br> 31August 2022||
|---|---|---|---|
|Analysis of expenditure<br>Support costs||2022|2021|
|Staff costs<br>Lecturers||98,053<br>30,778|111,665<br>10,253|
|Advertising<br>Cleaning and waste<br>Telephone<br>and internet<br>Repairs<br>Extracurricular<br>activities||160<br>8,415<br>1,414<br>3,294<br>32,158|170<br>7,044<br>903<br>217<br>27,651|
|Exam registration<br>Insurance|fees|12,448<br>2,476|16,650<br>1,861|
|Postage, printing,<br>Rates|stationery|2,080<br>1,728|2,363<br>2,619|
|General office and <br>Travel|supplies|6,736<br>29,406|12,725<br>12,951|
|Water||362|363|
|Governance<br>costs||780|1.371|
|Bank and similar charges||1,701||
|Training costs<br>Equipment<br>leasing||1,008<br>2,812|4,908<br>5,666|
|Professional<br>fees||989||
|Library costs||346||
|Depreciation||693|815|
|Sundry||2,253|1,848|
|||240,090|222,043|
|Exceptional costs||2022|2021|
|Rent||10,000|8,920|
|Other interest payable||6,774|6,400|
|Consultancy<br>fees||8,000||
|Lenders fees||3,000||
|Legal fees||1,620||
|Purchase extension fee||4,000||
|||33,394|15,320|





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|Notes to the Financial <br>Forthe year ended 31|Statements<br>August 2022||
|---|---|---|
|Staff costs|2022|2021|
|Wages and salaries<br>Lecturers<br>Social security costs<br>Employer pension contributions|95,296<br>30,778<br>1,743<br>1,014|107,812<br>10,253<br>2,999<br>854|
||128,831|121,918|



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|angible Assets|||||
|---|---|---|---|---|
||Land &buildings|Computer|Fixtures and||
|||Equipment|Fitting|Total|
|Cost B/F|522,670|4,919|1,735|529,324|
|Disposals|(522,670)|||(522,670)|
|Additions - Middleton|909,296|||909,296|
|Refurbishments|164,544|||164,544|
|Portacabins|92,806|||92,806|
||1,166,646|4,919|1,735|1,173,300|
|Depreciation|||||
|B/F||1,365|669|2,034|
|Charge for the year||533|160|693|
|||1,898|829|2,727|
|Carrying<br>amount<br>At 31August 2022|1,166,646|3,021|906|1,170,573|
|At 31August 2021|522,670|3,554|1,066|527,290|





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||F|or the year ended 31Augu|or the year ended 31Augu|st 2022||
|---|---|---|---|---|---|
|10.|Debtors: amounts|due in one year||2022|2021|
||New building<br>deposit<br>Other debtors||||36,000<br>771|
||||||36,771|
|11.|Creditors:<br>amounts||due in one year|2022|2021|
||Trade creditors|||650|650|
||Deposit re sale|of|property||20,000|
|||||650|20,650|
|12.|Creditors: amounts||due after one year|||
|||||2022|2021|
||Bank loans|||37,851|47,426|
||Other creditors|and accruals||751,207|289,438|
|||||789,058|336,864|