| Page | |||
|---|---|---|---|
| Company information |
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| Report ofthe | Trustees | 2-4 | |
| Independent | Examiner's | Report | |
| Statement of | Financial Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 8-13 |
| Period | |||||||
|---|---|---|---|---|---|---|---|
| Year to | Year to | Yearto | 02.5.19to | ||||
| 31.07.21 | 31.07.21 | 31.07.21 | 31.07.20 | ||||
| Unrestricted | Restricted | ||||||
| Total | Total | ||||||
| fund | fund | ||||||
| Notes | E | ||||||
| INCOME AND ENDOWMENTS | FROM: | ||||||
| Donations and Legacies |
15,000 | 14,400 | 29,400 | 5,350 | |||
| Other Trading Activities | 21,739 | 21,739 | 9,938 | ||||
| Total income | 36,739 | 14,400 | 51,139 | 15,288 | |||
| EXPENDITURE ON: | |||||||
| Charitable activities |
4 | 31,616 | 14,400 | 46,016 | 17,331 | ||
| Total expenditure | 31,616 | 14400 | 46016 | 17331 | |||
| NET INCOME / (EXPENDITURE) | FOR THE | YEAR | 5,123 | 5,123 | (2,043) | ||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 3,494 | 3,494 | 5,537 | |||
| TOTAL FUNDS CARRIED FORWARD | 8,617 | 8,617 | 3,494 |
| 4. | CHARITABLE ACTIVITIES COSTS | CHARITABLE ACTIVITIES COSTS | CHARITABLE ACTIVITIES COSTS | Period | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year to | 2.5.19to | ||||||||||||
| Tuition | 31.07.21 | 31.07.20 | |||||||||||
| Total | Total | ||||||||||||
| 6 | E | ||||||||||||
| Direct Costs: | |||||||||||||
| Tutor Fees | 36,318 | 36,318 | 13,278 | ||||||||||
| Tuition Resources | 446 | 446 | 616 | ||||||||||
| Training Courses | 56 | 56 | |||||||||||
| Projects: Powerpoint Presentations |
gr Bid Writing Service | 5,502 | 5,502 | 2,054 | |||||||||
| Support Costs (see note | 5) | 3,694 | 3,694 | 1,383 | |||||||||
| 46,016 | 46,016 | 17,331 | |||||||||||
| For the year ended 31st | July 2021the charitable | expenditure | was E46,016(2020:617,332)ofwhich | ||||||||||
| E14,400(2020:f5,350)was expenditure | from restricted funds. | ||||||||||||
| 5. | SUPPORT COSTS | ||||||||||||
| The Charitable Company |
initially identifies | the costs of its support functions. | It then identifies those | ||||||||||
| costs which relate to the | governance | function. | I-laving identified | its governance | costs, the remaining | ||||||||
| support costs together with the governance | costs are allocated | entirely to tuition, | being the Charitable | ||||||||||
| Company's sole activity. |
|||||||||||||
| An analysis ofsupport costs is given | below: | ||||||||||||
| Other | |||||||||||||
| Governance | expenses | Total | |||||||||||
| E | E | f | |||||||||||
| Independent examiners fee |
1,115 | 1,115 | |||||||||||
| Office costs | 2,579 | 2,579 | |||||||||||
| 1,115 | 2,579 | 3,694 | |||||||||||
| 6. | NET INCOMING/(OUTGOING) | RESOURCES | Year to | 2.5.19to | |||||||||
| 31.07.21 | 31.07.20 | ||||||||||||
| f | E | ||||||||||||
| Net resources are stated | after charging/ | (crediting): | |||||||||||
| Independent examiners fee |
1,115 | 565 |
| 9. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.07.21 | 31.07.20 | |||
| E | E | |||||
| Other debtors and prepaid | expenses | 46 | 131 | |||
| 10. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | 31.07.21 | 31.07.20 | ||
| E | f | |||||
| Accrued expenses | 1,680 | 565 | ||||
| Deferred Income (see note | 11) | 7,000 | ||||
| 8,680 | 565 | |||||
| 11. | DEFERRED INCOME | 31.07.21 | 31.07.20 | |||
| f | E | |||||
| As at 1August 2020 | ||||||
| Released in the year to |
income earned from charitable | activities | ||||
| Incoming resources deferred | in the year | 7,000 | ||||
| At 31July 2021 | 7,000 |
| FUNDS | |||||
|---|---|---|---|---|---|
| As at | Incoming | Outgoing | As at | ||
| 01.08.20 | Resources | Resources | 31.07.21 | ||
| General funds | 3,494 | 36,739 | (31,616) | 8,617 | |
| Restricted funds: | |||||
| Park High School Autumn | 2020 | 3,000 | (3,000) | ||
| Nower Hill School Spring |
2021 | 5,000 | (5,000) | ||
| Park High School Spring | 2021 | 6000 | (6000) | ||
| Bid Writing | 400 | (400) | |||
| 3,494 | 51,139 | (46,016) | 8,617 |