2021-08-31-accounts - King's School Of Theology

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		Page
Report ofthe Trustees	1	to	2
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	5	to	9
Detailed Statement ofFinancial Activities	10	to	11

		Kin s School ofTheolo	Kin s School ofTheolo
		B~lh
		~31 A	t 2021
				31.821	31.8.20
				Unrestricted	Total
				fund	funds
		Notes		f
CURRENT	ASSETS
Debtors				624	1,472
Cash at bank				51,639	43,365
				52463	44,837
CREDITORS
Amounts falling due within one year		10		(5,058)	(10,388)
NET CURRENT ASSETS				47,205	34,449
TOTAL ASSETSLESSCURRENT
LIABILITIES				47,205	34,449
				47/05	34,449
FUNDS
Unrestricted	funds			47405	34,449
TOTAL FUNDS				47,205	34,449

					Period
					20.8.19
				Year Ended	to
				31.8.21	31.8.20
	Employees			4	3
	No employees received emoluments		in excess off60,000.
8.	COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVTTIES
					Unrestricted
					fund
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				97,058
	Other trading activities				32
	Investment income				8
	Other income				2,161
	Total				99,259
	EXPENDITURE	ON
	Raising funds				66,879
	Charitable activities
	General charitable	activites			(2,069)
	Total				64,810
	NET INCOME				34,449
	TOTAL FUNDS CARRIED FORWARD				34,449
9.	DEBTORS:AMOUNTS FALLING DUE~ONE YEAR
				31.8.21	31.8.20
	Trade debtors			624	1,472

	otes to the Financial Statem nts for the Year En ed 31A ~	otes to the Financial Statem nts for the Year En ed 31A ~	otes to the Financial Statem nts for the Year En ed 31A ~	otes to the Financial Statem nts for the Year En ed 31A ~	otes to the Financial Statem nts for the Year En ed 31A ~	- continu st 2021	ed
10.	CREDITORS: AMOUNTS I'ALLING DUEONE					YEAR
								31.8.21	31.8.20
								f,
	Trade creditors							1,021	225
	Social security		and other taxes					242	4,522
	Other creditors								3,523
	Accruals and deferred income							3,795	2,118
								5,058	10,388
11.	MOVEMENT		IN FUNDS
								Net
								movement	At
						At	1.9.20	in funds	31.8.21
							f,		f.
	Unrestricted	funds
	General fund					34,449		12,756	47,205
	TOTAL FUNDS					34,449		12,756	47,205
	Net movement		in funds, included		in the above are as follows:
						Incoming		Resources	Movement
						resources		expended	in funds
	Unrestricted	funds
	Geneml fund					71,777		(59,021)	12,756
	TOTAL FUNDS					71,777		(59,021)	12,756
	Comparatives		for movement	in	funds
								Net
								movement	At
								in funds	31.8.20
								f,
	Unrestricted	funds
	General fund							34,449	34,449
	TOTAL FUNDS							34,449	34,449

		for the Year Ended 3	1Au t 2021
				Period
				20.8.19
			Year Ended	to
			31.8.21	31.8.20
INCOME AND	ENDOWMENTS
Donations and	legacies
Gifts			(I)	1,947
Donations			22,762	42,675
Subscriptions			47,868	52,436
			70,629	97,058
Other trading activities Fundraising events				32
Investment income
Deposit account	interest
Other income
kIMRC JRSgrant			1,148	2,161
Total incoinlng	resources		71,777	99,259
KXPKNDITURK
Raising donations Lecturer costs		and legacies	6,685	4,061
Course materials			512	2,801
Track Leaders				4,875
Other operating	leases			8,872
Accommodation				324
Virtual learning Tracks Theology, Worship &Spirit			758	258 420
Tracks Theology &Mission				432
Sundries			960	3,152
Equipment purchases				369
			8,915	25,564
Other trading	activities
Purchases
Charitable activities
Advertising			3,214	2,926
Support costs
Management Wages Pensions			41,785 2,314	31,474 2,159
Carried forward			44,099	33,633