2023-03-31-accounts

			Page
Report ofthe Trustees			to	10
Report ofthe Independent Auditors		11	to	14
Statement ofFinancial Activities			15
Balance Sheet			16
Cash Flow Statement			17
Notes to the Cash Flow Statement
Notes to the Financial Statements		19	lo	'2-1
Detailed Statement ofFinancial	Activities	25	to	26

						Period
						18.1.21
					Year Ended
					31.3.23	31.3.22
					Unrestricted	Total
					fund	funds
				Notes
INCOME	AND ENDOWMENTS FROM
Donations	and legacies				1,015,489	659,728
Charitable	activities
Tuition					974,777	1,010,361
Ancillary					87,500	13,297
Total					2,077,766	1,683,386
EXPENDITURE ON
Charitable	activities
Tuition Costs					1,495,240	1,487,164
					17,916	24,746
Total					1,513,156	1,511,910
NET INCOME					564,610	171,476
RECONCILIATION			OF FUNDS
Total funds	brought	forward			171,476
TOTAL FUNDS CARRIED FORWARD					736,086	171,476

		2023	2022
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	10	37,472	48,832
CURRENT ASSETS
Debtors		756,514	184,971
Cash at bank		69,537	39,579
		826,051	224,550
CREDITORS
Amounts falling due within one year	12	(127,437)	(101,906)
NET CURRENT ASSETS		698,614	122,644
TOTAL ASSETS LESSCURRENT
LIABILITIES		736,086	171,476
NET ASSETS!(LIABll.l'I IES)		736,086	171,476
Irl.JNDS	l3
Unrestricted lunds		736,086	171,476
TOTAI, FIJNDS		736,086	171,476

							Period
							18.1.21
						Year Ended	to
						31.3.23	31.3.22
					Notes		f
Cash flows from operating			activities
Cash generated from	operations					36,514	104,689
Net cash provided by	operating activities					36,514	104,689
Cash flows from investing			activities
Purchase oftangible	fixed	assets				(6,556)	(65,110)
Net cash used in investing		activities				(6,556)	(65,110)
Change in cash and	cash	equivalents		in
the reporting period						29,958	39,579
Cash and cash equivalents			at the
beginning ofthe reporting			period			39,579
Cash and cash equivalents			at the end	of
the reporting period						69,537	39,579

				Period
				18.1.21
				to
				31.3.22
Net income for the	reporting	period (as per the Statement ofFinancial
Activities) Adjustments for;			564,610	171,476
Depreciation charges lncrcase in debtors fncrcase in creditors			17,916 (57I,543) 25,531	16,278 (184,971) 101,906
Net cash provided	by operations		36,514	104,689

	At 1.4.22	Cash liow	At 31.3.23
Net cash
( iisli ill hank	39.57')	29 958	6i9.537
	3'),57')	2'), ')58	69,537
'I'ohtl	3'),57')	2'),958	69.537

DONA'I'IONS AND LE	GACIES
			I'eriod
			18.1.21
		Year I:,ndcd	to
		3l.3.23	31.3.22
		8	t
Gills			52,443
I)onatiolis		1,015,489	607,285
		I Ol & 48')	659,728
INCOME FROM CHARITABLE ACTIVITIES
			Period
			18.1.21
		Year Ended	to
		31.3.23	31.3.22
	Activity
Gross I'ecs from Parents	and
Guardians	Tuif,ion	974,777	985,920
Covid Job Rention Scheme
Grani:	Tuition		24,441
Rent Income	Ancillary	87,500	13,297
		1,062,277	1,023,658

5.	CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs {see
		Costs	note 6)	Totals
			f.
	Tuition Costs	1,415,429	79,811	1,495,240
6.	SUPPORT COSTS
			Governance
		Management	costs	Totals
			f,
	Tuition Costs	57,209	22,602	79,811

STAFF COSTS
				Period
				18.1.21
			Year Ended	to
			31.3.23	31.3.22
Wages and salaries			597,533	601,545
Social security costs			41,459	41,316
Other pension costs			10,791	11,282
			649,783	654,143
The average monthly	number ofemployees	during the year was as follows:
				Period
				18.1.21
			Year Ended
			31.3.23	31.3.22
Key Personnel			2	2
Admin			1	1
General			26	30
				33

						Unrestricted
						fund
		INCOME AND ENDOWMENTS	FROM
		Donations and legacies				659,728
		Charitable activities
		'1uition				1,010,361
		Anc i 11ary				13,297
		Total				1,683,386
		EXPENDITURE ON
		Charitable activities
		Tuition Costs				1,487,164
		Other				24,746
		Total				1,511,910
		NET INCOME				171,476
		'1orAL FL1NDS CARRIFD FORWARD				17I,476
I	0.	'I'AN GIBLI' I' IXI' D ASSI'TS
				I'isturcs
				an(I	( ()rnptll or
				1lttings	cquipmcnt	Totals
		COST
		At 1 April 2022		62,500	2,610	65,110
		Additions			6,556	6,556
		At 31 March 2023		62,500		71,666
		DEPRECIATION
		At 1 April 2022		15,625	653	16,278
		Charge for year		15,625	2,291	17.916
		At 31 March 2023		31,250		34,194
		NET BOOK YALLJE
		At 31 March 2023		31,250	6,222	37,472
		At 31 March 2022		46,875	1,957	48,832

11.	DEBTORS:	A	MOUNTS FALL	ING DUE WITHIN ONE Y	EAR
						2023	2022
	Trade debtors					705,298	176,135
	Other debtors					36,381	821
	Prepayments	and accrued income				14,835	8,015
						756,514	184,971
12.	CREDITORS:		AMOUNTS FALLING DUE WITHIN ONE		YEAR
						2023	2022
							f
	Trade creditors					(15,953)
	Taxation and	social security				40,020	21,753
	Other creditors					103,370	80,153
						127,437	101,906
13.	MOVEMENT		IN FUNDS
						Net
						movement	At
					At 1.4.22	in funds	31.3.23
	Unrestricted	funds
	Unrestricted				171,476	564,610	736,086
	TOTAL FUNDS				171,476	564,610	736,086
	Net movement		in funds, included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
	Unrestricted	funds
	Unrestricted				2,077,766	(1,513,156)	564,610
	TOTAL FUNDS				2,077,766	(1,513,156)	564,610

		Net
		movement.	At
		in funds	31.3.22
		f.
Unrestricted	funds
Unrestricted		171,476	171,476
TOTAL FUNDS		171,476	171,476

Comparative	nct movement in funds, includ	ed in thc above are as I'allows:
		Ineoln Ing	Resources	Movcali.at
		Iesoui ccs	cxpcndcd	in funds
Unrestricted	funds
Unrestricted		1,683,386	(1,511,910)	171.476
TOTAL FUNDS		1,683.386	(1,511.910)	171,476