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2022-08-31-accounts

Contents Page
Legal andAdministrativelnformation 3
ReportoftheTrustees 4-5
StatementofFinancialActivities 6
Balance Sheet 7
NotesformingpartoftheFinancial Statement 8-11
lndependentExaminefsReport 12

STATEMENTOFFINANCIAL AC TIVITI ES:fortheyea rended31A ugust2022
Unrestricted Restricted Total Total
Notes Funds Funds Funds Funds
2022 2021
lncomingResources t
Incoming resourcesfromcharitable
activities:
Voluntary lncome
Donations
3 11,411 11,4115,755
lncomingresourcesfromgenerated
funds:
lncome from teaching 2 43,469 43,46947,306
Other Income:
Bank interest receivable 38 38 54
Totalincomingresources 54,918 54,91853,115
Resources expended
Cost of generatingfunds
Charitableactivities 4 43,679 43,679 44,561
Governancecosts 4 26,677 26,677 25,543
Total resources expended 4 70,356 70,35670,1O4
Net (expended) incoming resources (15,438) (15,438) ('16,989)
before transfers
Transfersbetween funds
Netmovement offunds (15,438) (15,438) (16,989)
Reconciliation offunds
Totalfundsbrought forward 12 222,443 222,043 239,032
Totalfundscarriedforward
12
206,605 206,605 222,043

2022 2021
FixedAssets Notes
lntangibleFixedAssets 8 1 1
TangibleFixedAssets I '123,414 123,414
Current Assets
Debtors 10 1,921 757
Cashat bank 138,017 133,472
263,253 257,644
Creditors: amounts falling duewithinoneyear 11 (56,648) (35,601)
NetCurrent Assets 206,605 222,043
NetAssets 206,605 222,043
Unrestricted funds
Designated Funds 12 206,605 222,043
Restricted Funds
Total Funds 206,605 222,043

SchoolFees UnrestrictedRestricted UnrestrictedRestricted 2022Total 2021Total
SchoolFeesreceived €€
43,469

43,469
f,
47,306
Exam Fees
Total 43,469 43,469 47,306

3.lncomingres ourcesfromothers:
Unrestricted
Restricted
t
2O22Total
2021Total
Donation 11,411 11,411 5,755
Others
Total 11,411 11,411 5,755

.Total Resourcesexpende d
Basisof Costof 2O22Total 2021Total
Allocation Generating
Funds
f
Costsdirectlyallocated to
Staffcosts
Prizesforstudents
Readingmaterial
activities
Direct
Direct
Direct
40,442
1,690
1 947
40,042
1,690
1,947
39,558
2,713
2,290
Sub total 43,679 43,679 44,561
Supportcostsallocatedto activities
Travel,meetingexpensesDirect
Officecosts
Usage
Communications
Usage
Depreciation
Direct
25,912
765
25,912
76s
1,840
22,981
722
Sub total 26,677 26,677 25,543
Total ResourcesExpended 70,356 70,356 70,104

.Staffcostsand numbers
2022 2021
Salaries andwages 40,042 39,558
Total 40,042 39,558

0. Debtors
2022
E
2021t
Debtors prepayments 1,821 757
Total 1,821 757

1.Creditors:Amounts fallingduewithinOneYea r
2022 2021
Taxationand social security
Accrualsanddeferredincome 3,489
Deferredlncome-Schoolfeesdeposit 53,159 35,601
Total 56,648 35,601

2.Analysis ofNetAss etsbetweenfund s
SchoolFees Unrestricted Restricted Total Funds Total Funds
Funds Funds 2022 2021
f g E
lntangibleFixedAssets I 1 1
TangibleFixedAssets 123,414 123,414 123,414
CurrentAssets '139,838 139,838 134,229
CurrentLiabilities (56,648) (56,648) (35,601)
Total 206,605 206,605 222,043