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|---|---|---|---|
|Reference and administrative<br>details ofthe Charity,||its Trustees and advisers||
|Trustees'<br>report|||2-16|
|Independent<br>examiner's<br>report|||17|
|Statement offinancial|activities||18|
|Balance sheet|||19|
|Notes to the financial|statements||20-26|





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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020|2020|2019|
|||Note||||
|INCOME FROM:||||||
|Donations|||900,000|900,000||
|TOTAL<br>INCOME|||900,000|900,000||
|EXPENDITURE ON:||||||
|Charitable<br>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<br>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<br>funds||||13|||||
|Unrestricted<br>funds||||13||648,298||(7,445)|
|TOTAL FUNDS||||||648,298||(7,445)|





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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2020f|2020f|2019f|
|Donations|900,000|900,000||



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||||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||



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|||Grant Making|Governance|Total funds|
|---|---|---|---|---|
|||2020|2020|2020|
|Bank charges||122||122|
|Computer<br>expenses||589|633|1,222|
|Design and branding|||1,505|1,505|
|Independent<br>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|





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||||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|



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|||||||2020f|2019<br>f|
|---|---|---|---|---|---|---|---|
|Fees<br>payable|to the<br>Charity's<br>independent|examiner||for the|independent|||
|examination|ofthe Charity's<br>annual<br>accounts|||||1,440||
|Fees payable|to the Charity's<br>independent<br>examiner||in|respect of:||||
|All other services not included<br>above||||||840||



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||||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.|





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|2020f|2019<br>f|
|---|---|
|321,030||



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|||2020f|2019<br>f|
|---|---|---|---|
|Trade creditors||123|15|
|Accruals and deferred|income|2,603||
|Other creditors|||15,000|
|||2,726|15,015|



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|STATEM|ENT O|F FUNDS - CURRENT YEAR|||||
|---|---|---|---|---|---|---|
|||||||Balance at 31|
||||Balance at 1|||December|
||||January 2020<br>f|Income|Expenditure<br>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<br>f|2019|
|UNRESTRICTED FUNDS|||||||
|General|Funds|—all funds|||(7,445)|(7,445)|



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|||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|



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||||||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)|



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