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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2 to 6|
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Cash Flow Statement|||
|Notes to the Financial|Statements|12to 18|
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|Statement|o|f|Fina|ncia|l Activit|ies for th|e Year Ended|31August 2|023|
|---|---|---|---|---|---|---|---|---|---|
||||||||||Total|
|||||||||Total|5March 2021|
|||||||||31August|to 31August|
||||||Unrestricted||Restricted|2023|2022|
||||Note|||||||
|Income and Endowments||from:||||||||
|Donations
and legacies||||2|21,095|||21,095|165,378|
|Charitable
activities||||3|658,050|||658,050|550,974|
|Other trading activities||||4||||8,828|3,364|
|Total Income|||||679,145||8,828|687,973|719,716|
|Expenditure
on:||||||||||
|Charitable
activities|||||(682,193)||(12,193)|(694,386)|(564,591)|
|Total Expenditure|||||(682,193)||(12,193)|(694,386)|(564,591)|
|Net (expenditure)/income||||||(3,048)|(3,365)|(6,413)|155,125|
|Gross transfers
between|funds|||||(3,365)|3,365|||
|Net movement
in funds||||||(6,413)||(6,413)|155,125|
|Reconciliation
offunds||||||||||
|Total funds brought
forward|||||155,125|||155,125||
|Total funds carried forward||||13|148,712|||148,712|155,125|
|All ofthe charity's
activities||derive||from continuing||operations|during the above|two periods.||
|The funds breakdown
for the|||period is shown in note 13.|||||||
||||||||||Total|
||||||||||31August|
|||||||||Unrestricted|2022|
||||||||Note|||
|Income and Endowments||from:||||||||
|Donations
and legacies||||||||165,378|165,378|
|Charitable
activities||||||||550,974|550,974|
|Other trading activities||||||||3,364|3,364|
|Total Income||||||||719,716|719,716|
|Expenditure
on:||||||||||
|Charitable
activities||||||||(564,591)|(564,591)|
|Total Expenditure||||||||(564,591)|(564,591)|
|Net movement
in funds||||||||155,125|155,125|
|Reconciliation
offunds||||||||||
|Total funds carried forward|||||||13|155,125|155,125|
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|||Balance Sheet as at|31August 2|023||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|g|E|
|Current
assets||||||
|Debtors|||10|66,562|141,649|
|Cash at bank|and in hand||ll|101,912|44,051|
|Creditors: Amounts||falling due within one year||168,474
~I9,762|185,700
~30.575|
|Net assets||||148,712|155,125|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||148,712|155,125|
|Total funds|||13|148,712|155,125|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Note|||
|Cash flows from operating
activities||||||
|Net cash (expenditure)/income||||(6,413)|155,125|
|Working capital adjustments||||||
|Decrease/(increase)
in debtors|||10|75,087|(141,649)|
|Increase in creditors|||12|7,769|11,993|
|Net cash flows from operating|activities|||76,443|25,469|
|Cash flows from financing
activities||||||
|Repayment
ofloans and borrowings|||12|(18,582)|18,582|
|Net increase in cash and cash equivalents||||57,861|44,051|
|Cash and cash equivalents
at I|September|||44,051||
|Cash and cash equivalents
at 31August||||101,912|44,051|
|Reconciliation
ofnet cash flow to movement||in net funds||||
|Increase in cash||||57,861|44,051|
|Net funds at 1 September 2022||||44,051||
|Net funds at 31August 2023||||101,912|44,051|
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||||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|---|
||||||||funds|Total|Total|
||||||||General|2023|2022|
|Donations||and legacies;||||||||
||Donations||from companies,||trusts and similar|||||
||proceeds||||||18,095|18,095|165,378|
|Grants, including||||capital grants;||||||
||Government||grants||||3,000|3,000||
||||||||21,095|21,095|165,378|
|3|Income|from charitable|||activities|||||
||||||||Unrestricted|||
||||||||funds|Total|Total|
||||||||General|2023|2022|
||Fees||||||658,050|658,050|527,119|
||Project Search||||||||23,855|
||||||||658,050|658,050|550,974|
|4|Income|from other trading||||activities||||
||||||||Restricted|Total|Total|
||||||||funds|funds|2022|
|Fundraising|||||||8,828|8,828|3,364|
||||||||8,828|8,828|3,364|
|5|Grants|and||donations||||||
||||||||Unrestricted|Restricted||
||||||||funds|funds|Total funds|
|DEBPLtd|||||||16,595||16,595|
|Department||for Education|||||3,000||3,000|
|IET|||||||1,500||1,500|
||||||||21,095||21,095|
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|||Unrestricted||||
|---|---|---|---|---|---|
|||funds|Restricted|Total|Total|
|||General|funds|2023|2022|
|Advertising
&promotional||161||161|715|
|Computer
costs||7,789||7,789|5,461|
|I-Venture||3,309|12,193|15,502|564|
|Insurance||1,228||1,228||
|Nuffield
bursaries||12,256||12,256|6,100|
|Nuffield
travel expenses||1,598||1,598|1,202|
|Office/general|administrative|||||
|expenses||1,068||1,068|1,010|
|Professional|services|24,594||24,594|24,353|
|Phone costs||2,470||2,470|1,748|
|Purchases|||||165|
|Rent||11,000||11,000|12,000|
|STEM expenditure||132||132||
|Training||225||225|6, 102|
|Travel &accommodation||13,430||13,430|11,882|
|Wages, NI &pensions||602,933||602,933|491,709|
|Cost ofsales|||||1,580|
|||682,193|12,193|694,386|564,591|
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|The aggregate
payr|oll costs were as follows:|||
|---|---|---|---|
|||2023|2022|
|Staff costs during|the year were:|||
|Wages and salaries||548,506|454,540|
|Social security costs||44,257|30,015|
|Pension costs||10,170|7,154|
|||602,933|491,709|
|the year|was as f|ollows:||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||31|August||31|August||
||||||2023|||2022||
||||||No|||No||
|Average|number|ofpersons|employed|||22|||20|
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|Accounting|Plus are analysed
as follows:||||
|---|---|---|---|---|
||||5March|2021|
|||Year ended 31|to 31August||
|||August 2023|2022||
|Independent|examination|1,100|||
|Other financial services||490||646|
|||1,590||646|
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|10 Debtors|||
|---|---|---|
||2023|2022|
|Trade debtors|39,198|140,244|
|Accrued income|27,364||
|Other debtors||1,405|
||66,562|141,649|
|11 Cash and cash equivalents|||
||2023|2022|
|Cash at bank|101,912|44,051|
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|12 Creditors: amounts
falling due within
one year|||
|---|---|---|
||2023|2022|
|Other loans||18,582|
|Other taxation and social security|11,784||
|Other creditors|7,978|7,080|
|Accruals||4,913|
||19,762|30,575|
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|13 Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at 1||||Balance at|
|||September|Incoming|Resources||31August|
|||2022|resources|expended|Transfers|2023|
|Unrestricted|funds||||||
|General|||||||
|General||155,125|679,145|(682,193)|(3,365)|148,712|
|Restricted funds|||||||
|I-Venture|||8,828|(12,193)|3,365||
|Total funds||155,125|687,973|(694,386)||148,712|
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|Notes t|o the Financial Statem|ents
for the Year Ended 31|August 2023 (c|ontinued)|
|---|---|---|---|---|
|||Incoming|Resources|Balance at 31|
|||resources|expended|August 2022|
|Unrestricted|funds||||
|General|||||
|General||719,716|(564,591)|155,125|
##
||||Unrestricted||
|---|---|---|---|---|
|||||31August|
|||||2023|
||||General|Total funds|
|Current|assets||168,474|168,474|
|Current|liabilities||(19,762)|(19,762)|
|Total net assets|||148,712|148,712|
||||Unrestricted||
|||||31August|
|||||2022|
||||General|Total funds|
|Current|assets||185,700|185,700|
|Current|liabilities||(30,575)|(30,575)|
|Total net assets|||155,125|155,125|
|15 Related party transactions|||||
|There were no related party transactions||in the year.|||
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