| Page | ||
|---|---|---|
| Report ofthe Trustees | ||
| Independent Examiner's |
Report to the Trustees | |
| Detailed Statement ofFinancial Activities | ||
| Balance Sheet |
| 2019 | 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| INCOME | |||||||||
| Children's fees |
176,105 | 178,995 | |||||||
| Donated funds | 69 | 2,435 | |||||||
| Dividend income |
14,100 | 3,525 | |||||||
| Interest received | 336 | 31 | |||||||
| 190,610 | 184,986 | ||||||||
| EXPENDITURE | |||||||||
| Educational material |
purchases | 2,032 | 9,266 | ||||||
| Insurance | 2,538 | 1,284 | |||||||
| Rates | 10,657 | 3,133 | |||||||
| Wages | 73,379 | 68,499 | |||||||
| Light and heat | 2,069 | 2,538 | |||||||
| Telephone, internet |
and | fax | 759 | 924 | |||||
| Printing, postage and |
stationery | 4,439 | 4,012 | ||||||
| Repairs and renewals | 4,962 | 9,319 | |||||||
| Equipment hire |
3,057 | 6,821 | |||||||
| Computer costs | 2,552 | 841 | |||||||
| Motor and travel expenses | 880 | ||||||||
| Trade waste and cleaning | 1,016 | 2,625 | |||||||
| Training and subscription |
9,203 | ||||||||
| Sundries | 1,592 | ||||||||
| Student Expenses | 781 | ||||||||
| Accountancy fees |
333 | 333 | |||||||
| Professional examination |
fees | 13,672 | 10,112 | ||||||
| Catering costs | 10,979 | 11,545 | |||||||
| Bank charges and interest | 15 | 144,915 | 5 | 131,257 | |||||
| SURPLUS/(DEFICIT} FOR THE YEAR | 45,694 | 53,729 |
| 2019 | 2018 | |||||||
|---|---|---|---|---|---|---|---|---|
| FIXED ASSETS | ||||||||
| Land and building's | 223,288 | 223,288 | 223,288 | 223,288 | ||||
| CURRENT ASSETS | ||||||||
| Bank account | - HSBC | *'195 | 17,355 | 100 | ||||
| Bank account | - HSBC | '"'283 | 41,209 | 41,068 | ||||
| Bank account | - HSBC | "291 | 328 | 127,223 | ||||
| Bank account | —HSBC | **459 | 150,240 | 39,013 | ||||
| Bank account | —Barclays *"935 | 15,640 | 7,640 | |||||
| TD water house | 3,422 | 3,605 | ||||||
| National savings |
31,975 | 31,700 | ||||||
| Cash account | 269,543 | 233,669 | ||||||
| Debtors and prepayments | 182,000 | 182,000 | ||||||
| 711,712 | 666,018 | |||||||
| CURRENT LIABILITIES | ||||||||
| Loans interest | free | 80,000 | 80,000 | |||||
| Creditors and | accruals | 627 | 627 | |||||
| 80,627 | 80,627 | |||||||
| NET CURRENT | ASSETS | 631,085 | 585,391 | |||||
| NET ASSETS | 854,373 | 808,679 | ||||||
| REPRESENTED | BY | |||||||
| Accumulation | account | 808,679 | 754,950 | |||||
| Add: Surplus/(Deficit) | for the year | 45,694 | 53,729 | |||||
| 854,373 | 808,679 |