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2020-08-31-accounts

Page
Trustees' Report 1 to 2
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 6 to 12
Detailed Statement ofFinancial Activities 13

Statement ofFinancial
for the Year Ended 31		 Activities
Au
st 2020
2020 2019
Unrestricted Restricted Total Total
fund fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 146,381 146,381 58,173
Investment
income		 3 185 185 316
Total 146,566 146,566 58,489
EXPENDITURE ON
Raising funds 72,710 72,710 56,836
Charitable
activities
Governance
Costs		 314,247 314,247 2,382
Direct charitable
activity
105,000 105,000 317,800
Total 491,957 491,957 377,018
NET INCOME/(EXPENDITURE) (345,391) (345,391) (318,529)
RECONCILIATION OFFUNDS
Total funds brought forward 682,161 682,161 1,000,690
TOTAL FUNDS CARRIED FORWARD 336,770 336,770 682,161
2020 2019
Unrestricted Restricted Total Total
fund fund funds funds
Notes
FIXEDASSETS
Investments 11 163,499 163,499 234,658
CURRENT ASSETS
Cash at bank 175,271 175,271 449,253
CREDITORS
Amounts
falling due within one year		 12 (2,000) (2,000) (1,750)
NET CURRENT ASSETS 173,271 173,271 447,503
TOTAL ASSETSLESSCURRENT
LIABILITIES 336,770 336,770 682,161
NET ASSETS 336,770 336,770 682,161
FUNDS 13
Unrestricted
funds		 336,770 682,161
TOTAL FUNDS 336,770 682,161

2020 2019
Gifts 146,318 58,173
Gift aid 63
146,381 58,173
3. INVESTMENT INCOME
2020 2019
Deposit account interest 185 316
4. RAISING FUNDS
Raising donations and legacies
2020 2019
Trustees' expenses 991
Learning materials &exams 71,901 25,774
Schoolwear 459 29,428
Postage and stationery 202
Sundries 232 243
Interest payable and similar charges 118 198
72,710 56,836

CHARITA BLE ACTIVITIES COSTS
Grant
funding of
activities Support
(see note costs (see
6) note 7) Totals
Governance Costs 314,247 314,247
Direct charitable activity
105,000 105,000
105,000 314,247 419,247

Trustees' expenses
2020 2019
Trustees' expenses 991

Unrestricted Restricted Total
fund fund funds
INCOME AND ENDOWMENTS FROM
Donations and legacies 58,173 58,173
Investment income 316 316
Total 58,489 58,489
EXPENDITURE ON
Raising funds 56,836 56,836
Charitable activities
Governance Costs 2,382 2,382
Direct charitable
activity
317,800 317,800
Total 377,018 377,018
for th e Year Ended 31Au
st 2020		 e Year Ended 31Au
st 2020		 e Year Ended 31Au
st 2020		 e Year Ended 31Au
st 2020
9. COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES-
continued
Unrestricted Restricted Total
fund fund funds
NKT INCOME/(EXPENDITURE) (318,529) (318,529)
RECONCILIATION OFFUNDS
Total funds brought forward 1,000,690 1,000,690
TOTAL FUNDS CARRIED
FORWARD 682,161 682,161
10. TANGIBLE FIXED ASSETS
Computer
equipment
COST
At 1 September 2019 and
31August 2020 8,246
DEPRECIATION
At 1 September 2019and
31August 2020 8,246
NKT BOOKVALUE
At 31August 2020
At 31August 2019
11. FIXEDASSETINVESTMENTS
2020 2019
LEITInvestment 163,499 234,658
This investment
is located in Cyprus.

Investments
(		 neither listed nor unlisted)
we		 re as follows:
2020 2019
Logos Ed Institute Ltd 475,418 234,658
Impairment ~311,919)
163,499 234,658
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
Other creditors 2,000 1,750
13. MOVEMENT IN FUNDS
Net
movement At
At 1/9/19 in funds 31/8/20
Unrestricted funds
General fund 682,161 (345,391) 336,770
TOTAL FUNDS 682,161 ~345,391) 336,770
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 146,566 (491,957) (345,391)
TOTAL FUNDS 146,566 ~491,957) ~345,391)

Net
movement At
At 1/9/18 in funds 31/8/19
f,
Unrestricted funds
General fund 1,000,690 (318,529) 682,161
TOTAL FUNDS 1,000,690 ~318,529 682,161
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 58,489 (377,018) (318,529)
TOTAL FUNDS 58,489 ~377,018) ~318,529)
Net
movement At
At 1/9/18 in funds 31/8/20
Unrestricted funds
General fund 1,000,690 (663,920) 336,770
TOTAL FUNDS 1,000,690 ~663,920) 336,770
Incoming Resources Movement
resources expended infunds
Unrestricted funds
General fund 205,055 (868,975) (663,920)
TOTAL FUNDS 205,055 (868,975) ~663,920)

Detailed Statement ofFinancial ofFinancial Activities
for the Year Ended 31Au st 2020
2020 2019
INCOME AND ENDOWMENTS
Donations
and legacies
Gifts 146,318 58,173
Gift aid 63
146,381 58,173
Investment
income
Deposit account interest 185 316
Total incoming resources 146,566 58,489
EXPENDITURE
Raising donations and legacies
Trustees' expenses 991
Learning materials &exams 71,901 25,774
Schoolwear 459 29,428
Postage and stationery 202
Sundries 232 243
Bank interest 118 198
72,710 56,836
Charitable
activities
Donations 105,000 317,800
Support costs
Governance
costs
Accountancy
and legal fees		 2,328 2,382
Impairment
losses		 for intangible fixed
assets 311,919
314,247 2,382
Total resources expended 491,957 377,018
Net expenditure 345,391 318,529