| Page | |
|---|---|
| Trustees' Annual Report |
|
| Statement of Financial Activities |
|
| Balance Sheet | |
| Notes to the Financial Statements |
| REFERENCE AND | ADMINISTRATIVE | ADMINISTRATIVE | DETAILS | DETAILS |
|---|---|---|---|---|
| Name | Student Futures | |||
| Charity number | 1180B45 | |||
| Address 8 Office | 35 Irene Road | |||
| Childwall | ||||
| Liverpool | ||||
| L16BNS | ||||
| Trustees | The members | ofthe Board ofTrustees are as follows: | ||
| P Bibby | ||||
| J Casimo | ||||
| M Hilton | ||||
| K McDowall | ||||
| Bankers | Santander | UK | Pic | |
| Bindle Road | ||||
| Bootle | ||||
| Merseyside | ||||
| L304GB |
| NOtee | unrestricted | Restricted | Total | Restated | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total Funds | |||
| 31"March | 31"March | 31"II/larch | 31"March | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Income and | E | E | ||||
| Endowments | from | |||||
| Donations and legacies |
3a | 10,354 | 10,354 | 6,858 | ||
| Charitable activities |
3b | 8,565 | 8,565 | 1,765 | ||
| Other trading | activities | 3c | 4,745 | 4,745 | 6,288 | |
| Total income | 23,664 | 23,664 | 14,911 | |||
| Expenditure | on | |||||
| Charitable activities |
25,349 | 2,287 | 27,636 | 21,309 | ||
| Total expenditure | 25,349 | 2,287 | 27,636 | 21,309 | ||
| Net | ||||||
| income/(expenditure), | (1,685) | (2,287) | (3,972) | (6,398) | ||
| net movement | in funds | |||||
| Total funds brought | 10, 12 | 35,273 | 8,576 | 43,849 | 50,247 | |
| forward | ||||||
| Total funds carried | 10, 12 | 33,588 | 6,289 | 39,877 | 43,849 | |
| forward |
| Notes | Restated | ||||
|---|---|---|---|---|---|
| 31'%llarch f |
2022 F |
31"March 2021 K |
|||
| Fixed assets | |||||
| Fixed assets | 27,017 | 38,567 | |||
| Tangible fixed assets | 9,391 | 12,806 | |||
| Right ofuse asset | 17,626 | 25,761 | |||
| Current assets | |||||
| Debtors | |||||
| Cash at bank and in hand | 13,415 | 6,482 | |||
| 13,415 | 6,482 | ||||
| Current liabilities | |||||
| Creditors: amounts due within one year |
falling | (555) | (1,200) | ||
| Net current assets | 12,860 | 5,282 | |||
| Total assets less current liabilities | 39,877 | 43,849 | |||
| Funds: | |||||
| Unrestricted funds |
10,11 | 33,588 | 35,273 | ||
| Restricted funds |
10,12 | 6,289 | 8,576 | ||
| 391877 | 43,849 |
| N | OTES TO TH | OTES TO TH | E FINANCIAL | E FINANCIAL | E FINANCIAL | STATE | MENTS FOR T | HE YEAR | ENDE | D 31sT MAR | CH 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3. | Income and | endowments | from: | |||||||||
| Unrestricted | Restricted | Total | Total | |||||||||
| Funds | Funds | Funds | Funds | |||||||||
| 31"March | 31"March | 31"March | 31"March | |||||||||
| 2022 | 2022 | 2022 | 2021 | |||||||||
| a. | Donations | and legacies | F | 6 | ||||||||
| Donations | 10,354 | 10,354 | 6,858 | |||||||||
| b. | Charitable | activities | E | |||||||||
| Cafh income | 8,565 | 8,565 | 1,765 | |||||||||
| 8,565 | 8,565 | 1,765 | ||||||||||
| c. | Other trading | activities | ||||||||||
| Rental income | 4,745 | 4,745 | 6,288 | |||||||||
| 4. | Expenditure | on charitable | ||||||||||
| activities | ||||||||||||
| Restated | ||||||||||||
| Direct charitable |
Support & Governance |
Total 31"March |
Total 31"March |
|||||||||
| Expenditure E |
Costs f'c |
2022 f |
2021 E |
|||||||||
| Provision offacilities | for training | |||||||||||
| and work experience for Special Educational Needs and |
26,136 | 1,500 | 27,636 | 21,309 | ||||||||
| Disabilities | under 25 | years old |
| Support and governance Insurance |
Support and governance Insurance |
costs: | 645 | 610 |
|---|---|---|---|---|
| Bank charges | 300 | 39 | ||
| Accountancy | 555 | 450 | ||
| 1,500 | 1,099 | |||
| Total expenditure activities |
on charitable | 27,636 | 21,309 |
| No out-of-pocket expenses were reimbu | rsed to Trustees d |
uring the p |
|---|---|---|
| 5. Tangible fixed assets | ||
| Catering | Total | |
| Equipment | ||
| Cost | ||
| Balance at 31"March 2021 | 23,813 | 23,813 |
| Additions in the period |
||
| Balance at 31"March 2022 | 23,813 | 23,813 |
| Depreciation | ||
| Balance at 31~ March 2021 | 11,007 | 11,007 |
| Charge for the period | 3,415 | 3,415 |
| Balance at31"March 2022 | 14,422 | 14,422 |
| Net book value at31"March 2022 | 9,391 | 9,391 |
| Net book value at31"March 2021 | 12,806 | 12,806 |
| 6. Right of use assets | ||
|---|---|---|
| Building | Total | |
| Lease | ||
| Cost | f | F |
| Balance at 31"March 2021 | 40,675 | 40,675 |
| Additions in the period |
||
| Balance at 31"March 2022 | 40,675 | 40,675 |
| Depreciation Balance at 31"March 2021 |
14,914 | 14,914 |
| Charge for the period | 8, 'I 35 | 8,135 |
| Balance at 31"March 2022 | 23,049 | 23,049 |
| Net book value at31"March 2022 | 17,626 | 17,626 |
| Net book value at31"March 2021 | 25,761 | 25,761 |
| There w |
ere no debtors at 31"March 2022 (2021:fNil) |
ere no debtors at 31"March 2022 (2021:fNil) |
|||
|---|---|---|---|---|---|
| 8. | Credito | r | s: amounts falling due within one year |
||
| 2022 | 2021f | ||||
| Accruals | 555 | 1,200 | |||
| Deferred | income | (Note 8) | |||
| 555 | 1,200 | ||||
| 9. | Deferred | Income | |||
| 2022 f |
202'If | ||||
| Balance | at 31"March 2021 | 550 | |||
| Amount | deferred | in the period | |||
| Amount released resources |
to incoming | (550) | |||
| Balance | at31"March 2022 |
| Report ed | net movement | in funds | 1,737 |
|---|---|---|---|
| Depreciation of right ofuse lease |
(8,135) | ||
| Restated net movement | in funds | (6,398) | |
| Balance | Sheet as at31"March 2021 | ||
| F | |||
| Reported | total funds | 18,088 | |
| Right of use lease asset | introduced | 40,675 | |
| Cumulative | depreciation | RoU asset | (14,914) |
| Restated | total funds | 43,849 |