2021-05-31-accounts

				Page
Report ofthe	Trustees			1to 2
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet				5to 6
Notes to the Financial Statements				7to 9
Detailed Statement of Financial			Activities	10

for the Year Ended 1 Ma 2	021
					31.5.21	31.5.20
					Unrestricted	Tota I
					fund	funds
			Notes		E	6
INCOMING RESOURCES
Incoming resources from generated		funds
Voluntary income					100,020	200,000
RESOURCES EXPENDED
Charitable activities
Grants to students					161,328	243,132
Governance costs					1,500	2,160
Total resources expended					162,828	245,292
NET INCOMING/(OUTGOING)	RESOURCES				(62,808)	(45,292)
RECONCILIATION OF FUNDS
Total funds brought forward					107,608	152,900
TOTAL FUNDS CARRIED FORWARD					44,800	107,608
CONTINUING OPERATIONS
All incoming resources and resources		expended	arise from continuing	activities.

				31.5.21	31,5.20
				Unrestricted	Total
				fund	funds
			Notes	f	f
CURRENT ASSETS
Cash at bank				47,270	110,738
CREDITORS
Amounts falling due within		one year		(2,470)	(3,130)
NET CURRENT ASSETS				44,800	107,608
TOTAL ASSETS LESSCURRENT LIABILITIES				44,800	107,608
NET ASSETS				44,800	107,608
FUNDS
Unrestricted	funds			44,800	107,608
TOTAL FUNDS				44,800	107,608

		31.5.21	31.5.20
		E	f
Accrued	expenses	2,470	3,130

								Net
								movement in
							At 1.6.20	funds	At 31.5.21
							f	f	f
Unrestricted		funds
General	fund						107,608	(62,808)	44,800
TOTALFUNDS							107,608	(62,808)	44,800
Net movement			in funds,	included		in the above	are as follows:
							Incoming	Resources	Movement in
							resources	expended	funds
							E	E	E
Unrestricted		funds
General	fund						100,020	(162,828)	(62,808)
TOTAL	FUNDS						100,020	(162,828)	(62,808)
Comparatives			for movement		in	funds
								Net
								movement in
							At 1.6.19	funds	At 31.5.20
							E	E	f
Unrestricted		Funds
General	fund						152,900	(45,292)	107,608
TOTAL	FUNDS						152,900	(45,292)	107,608
Comparative		net movement			in funds, included		in the above are as follows:
							Incoming	Resources	Movement in
							resources	expended	funds
							f	E	f
Unrestricted		funds
General	fund						200,000	(245,292)	(45,292)
TOTALFUNDS							200,000	(245,292)	(45,292)

			Net
			movement in
		At 1SL19	funds	At 31.5.21
		f	E	E
Unrestricted	funds
General fund		152,900	(108,100)	44,800
TOTALFUNDS		152,900	(108,100)	44,800

		Incoming	Resources	Movement in
		resources	expended	funds
		f	E	f
Unrestricted	funds
General fund		300,020	(408,120)	(108,100)
TOTALFUNDS		300,020	(408,120)	(108,100)

Detailed Statement of Financial Activi ies for the Year Ended 31 Ma 2021
	31.5.21 'f	31.5.20 f
INCOMING RESOURCES
Voluntary income
Legacies	100,020	200,000
Total Incoming resources	100,020	200,000
RESOURCES EXPENDED
Charitable activities
Grants to individuals	161,000	242,750
Governance costs
Accountancy	1,500	2,160
Support costs
Information technology
Webslte costs	328	382
Total resources expended	162,828	245,292
Net expenditure	(62,808)	(45,292)