2022-03-31-accounts - Mslexia Publications Ltd

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Key management	Key management	personnel	Isabel Smales —Finance Director	Isabel Smales —Finance Director	Isabel Smales —Finance Director
			Debbie Taylor —Editorial Director
Company number			03374941
Charity number			1183410
Registered	office		Clarke's Chartered		Accountants
			176Portland Road
			Jesmond
			Newcastle upon Tyne
			Tyne and Wear
			NE2 1DJ
Principal place of		business	Mslexia Publications		Limited
			3 Ellison Terrace
			Ellison Place
			Newcastle upon Tyne
			NE1 8ST
independent	Examiner		Clarke's Chartered	Accountants
			176Portland Road
			Jesmond
			Newcastle Upon Tyne
			NE2 1DJ
Bankers			Co-operative Bank Limited
			1 Balloon Street
			Manchester
			M60 4EP

	Unrestricted	Restricted	31March	31 May
	funda	funds	2022	2021
			Total	Total
		f	f	R
INCOME FROM:
Donations and legacies	1,190		1,190	576
Charitable activities	247,450	4,306	251,756	311,818
Other trading activities	54,427		54,427	86,416
Interest receivable	543		543	1 292
Total Income	303,610	4,306	307,916	400,102
EXPENDITURE ON:
Charitable activities	265,845	9,306	275,151	331,425
Total expenditure	265,845	9,306	275,151	331,425
Net income/(expenditure)	37,765	(5,000)	32,765	68,677
Total funds brought forward	195210	5000	203210	134533
Total funds carried forward	235,975		235,975	203,210

			Unrestricted	Restricted	31 March	31 May
			fundsf	fundsf	2022	2021f
Donations					119Q
Income from	charitable	activities
			Unrestricted	Restricted	31May	31 May
			funds f	funds	2021f	2020
Grants			5,000	4,306	9,306	83,190
Subscriptions Advertising Revenue			208,909 33541		208,909 3354t	199,903 25725
			247,450	4,306	251,756	311,818
Income from	other trading activities
			Unrestricted	Restricted	31 May	31 May
			fundsf	fundsf	2021f	2020f
Royalties Special Project Income			852 53575		852 53575	516 85900
			54,427		54,427	86,416
	The notes	on pages	t4 to22 form part otthese linen otal		statements.
			16

			Direct	Support	31 INarch	31 INay
			costs	costs	2022	2021
				R	R	R
Funding	to advance the education of		136,869	132,854	269,723	326,672
the public		in the subject ofthe literary
arts
Governance costs				5428	5428	4 753
			136,869	138,282	275,151	331,425

Support costs are made up of:
	31 March	31 May
	2022	2021
	R
Support staff costs Rent	95,878 5,414	99,881 5,143
Bank charges Advertising and marketing Insurance	2,913 13,241 496	5,046 14,167 704
Computer maintenance Printing, postage &stationery Telephone &internet costs Other support costs Website maintenance	4,935 424 469 715 2,171	8,098 307 620 1,327 5,092
Depreciation	6,031	2,807
Corporation tax charged Governance costs	167 5,428	203 4,753
Provision for doubtful debts		849
	138,282	148,997
Governance costs are made up as follows:
	31 March	31 May
	2022	2021
	R
Accountancy services Independent examination Companies House filing fees	3,915 1,500 13	3,240 1,500 13
	5,428	4,753

et Income
		31March	31 May
		2022	2021
		R	R
The net income for the year is stated after charging:
Clarke's fees:
Independent	examination	1,500	1,500

taff co	sts, tru	es, and the cost ofkey management	personnel
Staff	costs
		31 March	31 May
		2022	2021
		R	R
Wages Social Other	and salaries security costs pension costs	90,235 4,091 1 552	95,200 2,952 1 729
		95,878	99,881

	Office Equipment	Webslte	Total
		R	R
Cost
At 1 June 2021	13,765	29,620	43,385
Additions	13,955		13,955
Disposals At 31 March 2022	~13765 13955	~14949 14 671	~28 714 28 626
~De reoiatioo
At 1 June 2021	13,765	15,870	29,635
Charge for the period Disposals At 31 March 2022	873 ~13765 873	3,058 ~14949 3979	3,931 ~28 714 4 852
Net Book Value
At 31 March 2022
At 31 May 2021
Intangible Fixed Assets		Rebranding	Total
			R
Cost
At 1 June 2021
And
At 31 March 2022		18291	18291
~Ds reoiatioo
At 1 June 2021		11,586	11,586
Charge for the period At 31 March 2022		2 100 13686	2 100 13686
Net BookV I e
At 31 March 2022
At 31 May 2021


Creditors: amounts	falling due within one year
		31March	31 May
		2022f	2021 R
Trade creditors		6,338	7,651
Corporation tax		167	208
Other taxes and social security costs		2,354	1,106
Other creditors		1,173	1,835
Accruals and deferred income		167991	132999
		178,023	143,799
Deferred Income		31 March	31 May
		2022	2021
Deferred income at 1 June 2021		2,500	63,190
Amounts deferred	during the pedod		22,500
Amounts released	from previous years	~200	~63 190
Deferred income at 31 March 2022			2,500