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|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|5|
|Independent
Examiner's|Report|||
|Statement of Financial|Activities|||
|Balance Sheet||8 to|9|
|Notes tothe Financial Statements||10 to|18|
|Detailed Statement of Financial Activities||19 to|20|
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##
|||||||31.8.21|31.8.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||239,382|65,930|305,312|242,899|
|EXPENDITURE ON||||||||
|Raising funds||||21,059||21,059|7,318|
|Charitable
activities||||||||
|Tuition||||187,225|72,577|259,802|207,942|
|Other||||3,166||3,166|1,343|
|Total||||211,450|72,577|284,027|216,603|
|NET INCOME/(EXPENDITURE)||||27,932|(6,647)|21,285|26,296|
|RECONCILIATION
OF|FUNDS|||||||
|Total funds brought|forward|||10,587|17,772|28,359|2,063|
|TOTAL FUNDS CARRIED FORWARD||||38,519|11,125|49,644|28,359|
##
##
|||||31.8.21|31.8.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|f|f|f|f|
|FIXEDASSETS||||||
|Tangible assets||53,003||53,003|58,906|
|CURRENT ASSETS||||||
|Debtors||10,679||10,679|11,443|
|Cash at bank and in hand||96,290|11,125|107,415|46,436|
|||106,969|11,125|118,094|57,879|
|CREDITORS||||||
|Amounts
falling due within one year||(27,954)||(27,954)|(1,440)|
|NET CURRENT ASSETS||79,015|11,125|90,140|56,439|
|TOTAL ASSETS LESSCURRENT LIABILITIES||132,018|11,125|143,143|115,345|
|CREOITORS||||||
|Amounts
falling due after more than one||||||
|year||(93,499)||(93,499)|(86,986)|
|NET ASSETS||38,519|11,125|49,644|28,359|
##
##
|FUNDS||10|||
|---|---|---|---|---|
|Unrestricted
funds:|||||
|General fund|||38,519|10,587|
|Restricted funds:|||||
|Bursary Fund|||4,639||
|Youth Music|Fund||5,111|8,736|
|Postlewaite|Fund||1,375|1,375|
|Restricted||||7,661|
||||11,125|17,772|
|TOTAL FUNDS|||49,644|28,359|
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|Raising d|o|nations
and le|gacies|||
|---|---|---|---|---|---|
|||||31.8.21|31.8.20|
|||||f|f|
|Support costs||||15,681|1,943|
|Investment||management|costs|||
|||||31.8.21|31.8.20|
|||||f|f|
|Property|repairs|||273|771|
|Interest payable and similar charges||||5,105|4,604|
|||||5,378|5,375|
|Aggregate||amounts||21,059|7,318|
##
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|COIVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COIVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COIVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COIVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
||||f|f|f|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||225,127|17,772|242,899|
|EXPENDITURE ON||||||
|Raising funds|||7,318||7,318|
|Charitable
activities||||||
|Tuition|||207,942||207,942|
|Other|||1,343||1,343|
|Total|||216,603||216,603|
|NET INCOME|||8,524|17,772|26,296|
|RECONCILIATION
OF|FUNDS|||||
|Total funds brought|forward||2,063||2,063|
|TOTAL FUNDS CARRIED FORWARD|||10,587|17,772|28,359|
|5.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|---|
||||Fixtures|||
||||and|Computer||
||||fittings
f|equipment
f|Totals
f|
||COST|||||
||At 1September 2020||48,755|23,751|72,506|
||Additions||1,191|7,479|8,670|
||At 31August 2021||49,946|31,230|81,176|
||DEPRECIATION|||||
||At 1September 2020||4,876|8,724|13,600|
||Charge for year||4,507|10,066|14,573|
||At 31August 2021||9,383|18,790|28,173|
||NET BOOK VALUE|||||
||At 31August 2021||40,563|12,440|53,003|
||At 31August 2020||43,879|15,027|58,906|
|6.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||31.8.21|31.8.20|
|||||f|f|
||Trade debtors|||1,123|9,625|
||Other debtors|||9,556|1,818|
|||||10,679|11,443|
##
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|7.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||31.8.21|31.8.20|
|||||f|f|
||Bank loans and overdrafts||(see note 9)|25,113||
||Trade creditors|||300||
||Taxation and social security|||866||
||Other creditors|||1,675|1,440|
|||||27,954|1,440|
|8.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR||||
|||||31.8.21|31.8.20|
|||||f|f|
||Bank loans (see note 9)|||93,499|86,986|
|9.|LOANS|||||
||An analysis ofthe maturity||of loans is given below:|||
|||||31.8.21|31.8.20|
|||||f|f|
||Amounts
falling due within||one year on demand:|||
||Bank loans|||25,113||
||Amounts
falling between|one and two years:||||
||Bank loans - 1-2years|||30,554|86,986|
||Amounts
falling due between two and five years:|||||
||Bank loans - 2-5years|||62,945||
##
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|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.9.20|in funds|31.8.21|
|||f|f|f|
|Unrestricted|funds||||
|General fund||10,587|27,932|38,519|
|Restricted funds|||||
|Bursary Fund|||4,639|4,639|
|Youth Music|Fund|8,736|(3,625)|5,111|
|Postlewaite|Fund|1,375||1,375|
|Restricted||7,661|(7,661)||
|||17,772|(6,647)|11,125|
|TOTAL FUNDS||28,359|21,285|49,644|
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|||||f|f|f|
|Unrestricted|funds||||||
|General fund||||239,382|(211,450)|27,932|
|Restricted funds|||||||
|The Social Enterprise||Support|Fund||||
|(UnLtd)||||39,245|(39,245)||
|Bursary Fund||||15,685|(11,046)|4,639|
|Youth Music|Fund||||(3,625)|(3,625)|
|Restricted||||11,000|(18,661)|(7,661)|
|||||65,930|(72,577)|(6,647)|
|TOTAL FUNDS||||305,312|(284,027)|21,285|
##
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##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.9.19|in funds|31.8.20|
|||f|f|f|
|Unrestricted|funds||||
|General fund||2,063|8,524|10,587|
|Restricted funds|||||
|Youth Music|Fund||8,736|8,736|
|Postlewaite|Fund||1,375|1,375|
|Restricted|||7,661|7,661|
||||17,772|17,772|
|TOTAL FUNDS||2,063|26,296|28,359|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources
f|expended
f|in funds
f|
|Unrestricted|funds||||
|General fund||225,127|(216,603)|8,524|
|Restricted funds|||||
|Youth Music|Fund|8,736||8,736|
|Postlewaite|Fund|1,375||1,375|
|Restricted||7,661||7,661|
|||17,772||17,772|
|TOTAL FUNDS||242,899|(216,603)|26,296|
##
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##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.9.19|in funds|31.8.21|
|||f|f|f|
|Unrestricted|funds||||
|General fund||2,063|36,456|38,519|
|Restricted funds|||||
|Bursary Fund|||4,639|4,639|
|Youth Music|Fund||5,111|5,111|
|Postlewaite|Fund||1,375|1,375|
||||11,125|11,125|
|TOTAL FUNDS||2,063|47,581|49,644|
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||resources|expended|in funds|
|||||f|f|f|
|Unrestricted|funds||||||
|General fund||||464,509|(428,053)|36,456|
|Restricted funds|||||||
|The Social Enterprise||Support|Fund||||
|(UnLtd)||||39,245|(39,245)||
|Bursary Fund||||15,685|(11,046)|4,639|
|Youth Music|Fund|||8,736|(3,625)|5,111|
|Postlewaite|Fund|||1,375||1,375|
|Restricted||||18,661|(18,661)||
|||||83,702|(72,577)|11,125|
|TOTAL FUNDS||||548,211|(500,630)|47,581|
##
##
|||31.8.21|31.8.20|
|---|---|---|---|
|||f|f|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||3,000|17,772|
|Grants||62,930|29,069|
|Tuition Fees||239,382|196,058|
|||305,312|242,899|
|Total incoming resources||305,312|242,899|
|EXPENDITURE||||
|Investment
management|costs|||
|Property
repairs||273|771|
|Bank loan interest||5,105|4,604|
|||5,378|5,375|
|Charitable
activities||||
|Wages||44,906|31,085|
|Sub Contractors||146,941|117,383|
|Pensions||798||
|Room Hire||24,453|29,091|
|Rates and water|||187|
|Light and heat||2,656|3,531|
|Depreciation
oftangible fixed assets||14,573|12,717|
|Grants to individuals||11,046||
|||245,373|193,994|
|Other||||
|Staff Training||1,546|65|
|Support costs||||
|Management||||
|Advertising||15,591|1,943|
##
##
||||||31.8.21|31.8.20|
|---|---|---|---|---|---|---|
||||||f|f|
|Management|||||||
|Finance|||||||
|Other operating||||leases|780|1,146|
|Bank charges|||||3,142|4,625|
||||||3,922|5,771|
|Other|||||||
|Insurance|||||923|912|
|Telephone|||||887|901|
|Postage and||stationery|||246|141|
|Sundries|||||620|1,833|
|Cleaning|||||3,440|824|
|Computer|Costs||||4,278|3,342|
||||||10,394|7,953|
|Other 2|||||||
|Travelling|||||203|224|
|Governance||costs|||||
|Accountancy|||and|legal fees|1,620|1,278|
|Total resources|||expended||284,027|216,603|
|Net income|||||21,285|26,296|