2021-07-31-accounts - Skills For Independence And Employability Ltd

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			Unrestricted	Fuads		Restricted	Feeds	Total	Funds
		Note	31/07/21	31/07/20		31/07/21	31/07/20	31/07/21	31/07/20
			8	f		8	I
lacome from:
Donations, fimding	snd
gfalits		2	1,887,773	1,150,410		72,406	482,102	I &/60&179	1,632,512
Other trading activities			1,793	1,068				1,793		1,068
lllvestnlctlts			2 71		100			2271		100
Total iacomiag resources			I891,837	1 151	578	72,406	482 102	1,9 243	I	633680
Expenditure on:
Charitable activities		5	1450&360	782,867		59,568	1,778	1,409&928		784,645
Finance charges		10	21,873	6	7Q7			21,873		6,707
Totalexpenditare			1 72233	789	574	59 68	1778	I431801		791 352
Net
income/(expenditare)			519,604	362,004		12,838	480,324	532,442		842,328
Transfers between	funds		45&474	302,642		(45,474)	(302,642)
Total funds carried forward			565,708	664	646	3263	177682	532,442		842328

		Unrestricted	Funds	Restricted	Funds	Totalpuads	Totalpuads
	Note	31/07/21	31/07/20	31/07/21	31/07/20	31/07/21	31/07/20
FIXEDASSETS			6	8	I	8	f.
Tangible assets Investments	11 12	628,097	482,019 I			628&097	482,019 1
		628,097	482,020			628,097	482,020
CURRENT ASSETS
Debtors Cash at bank snd in hand	13	3,750 759 0	12,964 463 978	- 145046	- 177,682	3,750 904686	12,964 641 660
		763490	476,942	145,046	177,682	908/136	634,624
CREDITORS
Amounts fi&IIing due within one
year NET CURRENT ASSETS	14	126 00 636,490	208317 268,623	145,046	177,682	126900) 781,536	208317 446,307
TOTAL ASSETSLESS
CURRENT LIABILITIES		1,264487	750,645	145&046	177,682	1&409,633	928,327
CREDITORS
Amounts falling due after more
than one year	15	(34,863)	(83,999)			(34,863)	(85,999)
NET ASSETS		1 29724	664,646	145046	177682	I 74,770	842 328
FUNDS	18
Unrestricted funds Restricted funds TOTAL FUNDS		1,229,724 1 29724	664,646 664646	145046 145046	177,682 177682	1,229,724 145046 1374770	664,646 177,682 842,328

				Period
				23.3.19
			Year Ended
			31.7.21	31.7.20
		Notes
Cash flows from operating activifies
Cash generated &om operations		20	542,679	1,012,224
Interest element ofhire purchase payments paid			~21,873)	~8,566)
Net cash provided by operating activities			~520 06	~1003658
Cash flows from investing activities
Purchase oftangible fixed assets			(222„064)	(490,034)
Purchase offixed asset investments Saleoftangible fixed assets			3t)50	(1)
Sale offixed asset investments Interest received			I ~271	100
Net cash used in investing activities			(2152142)	~489935)
Cash flows from fiaancing activities Capital repayments in year			~41,938)	~127937
Net cash (used in)/pmvided by financing		activities	~(41 38)	~127937
Change in cash and cash equivalents	la
the reporting period			263,026	641,660
Cash and cash equivalents at the
betp'nntng ofthe reporfing period			~641660
Cash and cash equivalents at the end	of
the reporting period			~904686	641,660

		Unrestricted	Funds	Restricted	Funds	Total	Funds
		31/07/2021	31/07/2020	31/07/2021	31/07/2020	31/07/2021	31/07/2020
			I	f	f	f
Donations		1,154	49,475	12,040		13,194		49,475
Core government Other govenuneat	grants	1&817&965	1,030473			1JII7&965	1,030,273
grants		68,654	4,555	5&166	362,460	73,820		367,015
Other grants			66 107	55200	119642	55 00		185749
Total		1887773	1,150410	72,406	482,102	I„&t60179	I	632512

		Grant Fuaded acnvtty	Grant Fuaded acnvtty	Support	Costs	Total	Total
		31/07/2021 8	31/07/2020 f	31/07/2021	31/07/2020	31/07/2021	31/07/2020
Employment	costs	959,180	563,547			959,180	563,547
Learning resources Other school running		7J192	71,991			7J192	71,991
costs		330,919	111,640	52369	35,689	383,288	147,329
Total		I297 I	747,178	52 69	35,689	1350 60	782867

		Grant Funded	Grant Funded	activity	Support	Costs	Total	Total
		31/07/2021	31/07/2020		31/07/2021	31/07/2020	31/07/2021	31/07/2020
		5		5				f
Employment	costs
Learning resources
Other school	mnning
costs		59468		1,778			59,568	1,778
Total		59,568		1778			59568	1778

	Raising	Fends	Charitable	Activlfies	Total	Funds
	31/07/2021	31/07/2020	31/07/2021	31/07/2020	31/07/2021	31/07/2020
			f	f		5
External audit Legal and pmfessiooal			73160	7,860	7,860	7,860
fees			24st23	15,491	24,923	15,491
Stafftraining			9,962	2,885	9dt62	2,885
Accountancy			9624	9453	9624	9453
Total			52 69	35689	52369	35689

				Period
				23.3.19
			Year Ended
			31.721	31.7.20
				I
Wages and salaries Social security costs Other pension costs			799,490 58,133 ~101557	472,890 36,839 ~53818
The average monthly	number ofemployees	during the year was as follows:	959,180	563,547
				Period
				23.3.19
			Year Ended
			31.721	31.7.20
			38	19

	Period
	23.3.19
Year Ended	to
31.721	31.7.20
27	14

2021	2020
g	I
~21 873	6,707

TANGIBLE FIXEDASSETS
	Improvements
	to	Computer
	property I	equipment I	Totals f
COST
At I August 2020	430,579	59,455	490,034
Additions Disposals	214,125	7,939 ~38	222,064 ~3806)
At 31 July 2021	~64 704	~63588	708892
DEPRECIATION
At 1 August 2020 Charge for year Eliminated on disposal	58,280	8,015 14' ~952	85015 73,132 ~952
At 31July 2021	~58280	~21915	~80195
NET BOOKVALUE
At 31 July 2021	~586 424	~41 673	~628097
At 31 July 2020	430,579	~51 440	~482019

	DEBTORS:		AMOUNT	S FALLING D	UE	WITHIN ONE YEAR
13.
						2021	2020
						8
	Other debtors					3,750
	Prepaymeats						~12964
						~3750	~12 964
14.	CREDITORS: AMOUNTS FALLING				DUE WITHIN ONE YEAR
						2021 8	2020 f
	Hire purchase (see note 16) Trade creditors Social security and other taxes Other creditors Accruals and deferred income					51,136 12,651 16,609 13Jt04 32,600	41,938 147,791 6,222 2,166 «10200
						126P00	~208317
15.	CREDITORS: AMOUNTS FALLING				DUE AFTER MORE THAN ONE YEAR
						2021	2020
						8	5
	Hire purchase		(see note	16)		~34 863	~85 999
16.	LEASING AGREEMENTS
	Minimum lease		payments	under hire purchase		fall due as follows:
						2021	2020
							8
	Net obligations		repayable:
	Within one year Between one and five years					51,136 «34863	41,938 «85 999
						~85 999	~127937
17.	OPERATING		LEASE
	Minimum lease		payments	under operating	leases fall due as follows:
						2021	2020
	Nct obligations	repayable;
	Within one year Between one and five years					159,757 ~28 866	156,660 «443 438
						~446 623	600,098

					Net
					movement
Unrestricted funds				At 1.8.20	in fuads f	31.7.21 f
General fund				664,646	565,078	1429,724
Restricted funds
Restricted fund				177,682	(32,636)	145&046
TOTAL FUNDS				~842 328	~532442	1374&770
Net movement	in funds, includel		in the above are as follows:
				Incoming	Resources	Movement
				Iesoutces	expended	in funds
					Itransfers
Unrestricted funds
General fund				1,891,837	(1&326&759)	565,078
Restricted funds
Restricted fund				72,406	(105,042)	(32,636)
TOTAL FUNDS				I&81243	1~1 3& 8&&	& 2 44
Comparatlves for	movement	in funds
					Net
					movement	At
Unrestricted funds					in fimds f	31.7.20 f
General fund
						664,646
Restricted funds
Restricted fund
					177,682	177,682
TOTAL FUNDS
					~842 328	~842 328

	Incoming	Resources	Movemeot
	resources f	expended f	in funds f.
Unrestricted funds
General fund	1,151,578	(486,932)	664,646
Restricted funds
Restricted fund	482,102	(304,420)	177,682
TOTAL FUNDS	~1633,680	~(791,352	~842 328

		Movement	in funds
	Balance atI	Incoming	Resources	Transfers	Balance at31
	August 2020	resourcesf	expended		July 2021 8
Colyer Ferguson	1,234	52,200	(7,524)		45 ttIQ
Free school meals	2,413	5,166	(412)		7,167
KCC (Btdiding	174,035		(41,938)	(46,098)	85,999
improvements)
Kickstart Scheme		3,000	(3,624)	624
3H		500	(250)		250
Kent Community		7450	(5,820)		1,430
Foundation
Asda Foundation		2,000			2,000
Royal Botanical Gardens
Kent Active					500
Justgiving		1490			1490
	177,682	72,406	(59,568)	(45,474)	145,046

				Period
				23.3.19
			Year Ended
			31.721	31.720
				I
Net income for the reporting	period (as per the Statement ofFhumclal
Activities) Adjustments for:			532,442	842328
Depreciation charges Pmfit oodisposal offixed assets Interest received Interest element ofhire purchase Decrease/(increase) in debtors (Decrease)/increase in creditors		and finance lease rental payments	73,132 (1,096) (L27I) 21Jt73 9414 ~90615)	8,015 (100) 8,566 (12,964) 166,379
Net cash provided by operations			~542 679	1012324

	At 1.8.20	Cash Sow	At31.7.21
		5	8
Nct cash
Cash at bank and in hand	~641 660	~263 026	~904686
	~641 660	~263 026	~904686
Debt
Finance leases	~127937	~41 938
	~127937	41,938	~85
Total	513,723	304,964	~81 687

Donations, funding	and	and	grants
				31/07/2021	31/07/2020
					5
Donations				13,194	49,475
Funding and grants				1,946,985	1,583,037
				1,960,179	1,632,512
Other trading activities
Fundraising events				1,793	1,068
lavestment income
Deposit account interest				2,271	100
Total incoming resources				1,964,243	1,633,680
EXPENDITURE
Charitable activities
Wages				799,490	472,890
Social security costs				58,133	36,839
Pension costs				101,557	53,818
Staffwelfare				8,949
Other operating leases				126,572	25,840
Rates and water				7,174	240
Insurance				13,297	8,019
Light and heat				19,516	118
Sundries				737	531
Repairs &renewals				13,097	2,775
Cleaning				35,999	9,170
Learning resources College trips				8,135 2,965	71,991
Catering				2397	2,785
Stafftraining &subscriptions				9,962	2,885
Training for students				2,267	18,764
Premises rent				24,371	16,833
Telephone				5,665
Postage and stationery				7,660	1,015
Depreciation oftangible			fixed assets	73,132	8,015
Profit on disposal of	fixed assets			(1,096)
Computer expenses				28,873	19,313
Travel				18,669
Legal and professional		fees		24,923	15,491
Audit and accountancy				17,484	17,313
				1,409,928	784,645

21,873	6,707
1,431,801	791,352
532,442	842,328