| Page | |||
|---|---|---|---|
| Reference and administrative details ofthe Charity, |
its Trustees and advisers | ||
| Trustees' report |
2-16 | ||
| Independent examiner's report |
17 | ||
| Statement offinancial | activities | 18 | |
| Balance sheet | 19 | ||
| Notes to the financial | statements | 20-26 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2020 | 2020 | 2019 | |||
| Note | |||||
| INCOME FROM: | |||||
| Donations | 900,000 | 900,000 | |||
| TOTAL INCOME |
900,000 | 900,000 | |||
| EXPENDITURE ON: | |||||
| Charitable activities: |
|||||
| Grant expenditure | 189,163 | 189,163 | |||
| Grant related support costs | 55,094 | 55,094 | 7,445 | ||
| TOTAL EXPENDITURE | 244,257 | 244,257 | 7,445 | ||
| NET MOVEMENT | IN FUNDS | 655,743 | 655,743 | (7,445) | |
| RECONCILIATION | OF FUNDS: | ||||
| Total funds brought | forward | (7,445) | (7,445) | ||
| Net movement in funds |
655,743 | 655,743 | (7,445) | ||
| TOTAL FUNDS CARRIED FORWARD | 648,298 | 648,298 | (7,445) |
| 2020 | 2020 | 2019 | 2019 | |||||
|---|---|---|---|---|---|---|---|---|
| Note | ||||||||
| FIXED ASSETS | ||||||||
| Investments | 10 | 100,000 | ||||||
| CURRENT ASSETS | ||||||||
| Debtors | 321,030 | |||||||
| Cash at bank and | in | hand | 229,994 | 7,570 | ||||
| 551,024 | 7,570 | |||||||
| Creditors: amounts | falling due within | one year | 12 | (2,726) | (15,015) | |||
| NET CURRENT ASSETS/ LIABILITIES | 548,298 | (7,445) | ||||||
| TOTAL NET ASSETS | 648,298 | (7,445) | ||||||
| CHARITY FUNDS | ||||||||
| Restricted funds |
13 | |||||||
| Unrestricted funds |
13 | 648,298 | (7,445) | |||||
| TOTAL FUNDS | 648,298 | (7,445) |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020f | 2020f | 2019f | |
| Donations | 900,000 | 900,000 |
| Grants to | |||||
|---|---|---|---|---|---|
| Institutions | |||||
| and | Total | Total | |||
| Individuals | funds | funds | |||
| 2020f | 2020f | 2019f | |||
| Flow Funding | Programme | 54,970 | 54,970 | ||
| Learn By | Doing | 130,000 | 130,000 | ||
| A Journey | Home Course Bursaries | 3,499 | 3,499 | ||
| Aura Programme | 694 | 694 | |||
| 189,163 | 189,163 |
| Grant Making | Governance | Total funds | ||
|---|---|---|---|---|
| 2020 | 2020 | 2020 | ||
| Bank charges | 122 | 122 | ||
| Computer expenses |
589 | 633 | 1,222 | |
| Design and branding | 1,505 | 1,505 | ||
| Independent examination |
1,440 | 1,440 | ||
| Legal and professional | fees | 840 | 8,682 | 9,522 |
| Office expenses | 145 | 145 | ||
| Staff costs | 29,689 | 11,449 | 41,138 | |
| 31,385 | 23,709 | 55,094 |
| Grant Making | Governance | Total funds | |||
|---|---|---|---|---|---|
| 2019 | 2019 | 2019 | |||
| Design and branding | 46 | 46 | |||
| Computer | expenses | 2,660 | 2,660 | ||
| Legal and | professional | fees | 4,739 | 4,739 | |
| 46 | 7,399 | 7,445 |
| 2020f | 2019 f |
||||||
|---|---|---|---|---|---|---|---|
| Fees payable |
to the Charity's independent |
examiner | for the | independent | |||
| examination | ofthe Charity's annual accounts |
1,440 | |||||
| Fees payable | to the Charity's independent examiner |
in | respect of: | ||||
| All other services not included above |
840 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| f | f | |||
| Wages and salaries | 36,025 | |||
| Social security | costs | 3,472 | ||
| Contributions | to pension | scheme | 1,641 | |
| 41,138 |
| 2020 | 2019 |
|---|---|
| No. | No. |
| 2020f | 2019 f |
|---|---|
| 321,030 |
| 2020f | 2019 f |
||
|---|---|---|---|
| Trade creditors | 123 | 15 | |
| Accruals and deferred | income | 2,603 | |
| Other creditors | 15,000 | ||
| 2,726 | 15,015 |
| STATEM | ENT O | F FUNDS - CURRENT YEAR | ||||
|---|---|---|---|---|---|---|
| Balance at 31 | ||||||
| Balance at 1 | December | |||||
| January 2020 f |
Income | Expenditure f |
2020 | |||
| UNRESTRICTED FUNDS | ||||||
| General | Funds | —all funds | (7,445) | 900,000 | (244,257) | 648,298 |
| STATEM | ENT OF FUNDS - PRIOR YEAR | |||||
| Balance at | ||||||
| Balance at | 31 December | |||||
| 1 May 2019 | Income | Expenditure f |
2019 | |||
| UNRESTRICTED FUNDS | ||||||
| General | Funds | —all funds | (7,445) | (7,445) |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2020 | 2020 | ||
| Fixed asset investments | 100,000 | 100,000 | |
| Debtors due after more than one year | 321,030 | 321,030 | |
| Current assets | 229,994 | 229,994 | |
| Creditors due within | one year | (2,726) | (2,726) |
| TOTAL | 648,298 | 648,298 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2019 | 2019 | |||||
| Current | assets | 7,570 | 7,570 | |||
| Creditors | due | within | one | year | (15,015) | (15,015) |
| TOTAL | (7,445) | (7,445) |