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2023-08-31-accounts

ContenB Page
Legal andAdministrativelnformation 3
Report of the Trustees 4-5
StatementofFinancialActivities 6
Balance Sheet 7
NotesformingpartoftheFinancial Statement I-11
lndependent Examiner'sReport 12

STATEMENT OF FINANCIAL AC TIVITI ES:forthe year ended31Au gust2023
Notes Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
2023 2022
lncomingResources
lncomingresourcesfromcharitable
activities:
Voluntary lncome
Donations
3 28,675 28,67511,411
lncomingresourcesfromgenerated
funds:
lncome from teaching 2 57,623 57,62343,469
Other lncome:
Bank interest receivable 864 864 38
Totalincomingresources 87,162 87,16254,918
Resources expended
Cost of generatingfunds
Charitableactivities 4 48,633 48,633 43,679
Governancecosts 4 38,334 38,334 26,677
Total resources expended 4 86,967 86,96770,356
Net (expended) incoming resources 195 195 (15,438)
before transfers
Transfersbetween funds
Netmovement offunds 195 195 (15,438)
Reconciliation offunds
Totalfundsbroughtforuvard 12 206,605 206,605 222,043
Totalfundscarriedforward
12
206,800 206,800 206,605

.lncomingresource sfromgeneratedfunds:
SchoolFees UnrestrictedRestricted
8f
2023Total
E
2O22Total
SchoolFees received 57,623 57,623 43,469
Exam Fees
Total 57,623 57,623 43,469

.lncomingres ourcesfromothers:
Unrestricted
E
Restricted
E
2023Total
f
2022Total
Donation 29,675 28,675 11,411
Others
Total 28,675 28,675 11,411

.Total Resources expende d
Basisof Costof 2023Total 2O22Total
Allocation Generating
Funds
Gostsdirectlyallocatedto
Staffcosts
Prizesforstudents
Readingmaterial
activities
Direct
Direct
Direct
43,925
2,417
2,291
43,925
2,417
2 291
40,042
1,690
947
1
Sub total 48,633 48,633 43,679
Supportcostsallocatedto activities
Travel,meetingexpensesDirect
Officecosts
Usage
Communications
Usage
Depreciation
Direct
6,184
31,080
1,070
6,194
31,080
1,070
25,912
765
Sub total 39,334 38,334 26,677
Total ResourcesExpended 86,967 86,967 70,356

5.Staffcostsand numbers
2023 2022
Salaries and wages 43,925 40,o42
Total 43,925 40,042

2023
f
2022
f
2,843 1,821
2,843 1&21

1.Credi tors: AmountsfallingduewithinOneyea r
2023 2022
Taxation and social security
Accruals
Deferred
anddeferredincome
lncome-Schoolfeesdeposit
37,437 3,499
53,159
Total 37,437 56,649

2.Analysis ofNetAss etsbetweenfund s
SchoolFees Unrestricted Restricted Total Funds Total Funds
lntangibleFixedAssets
TangibleFixedAssets
CurrentAssets
CurrentLiabilities
Funds

1
123,414
120,922
(37,437)
Funds
t
2023
f
1
123,414
120,922
(37,437)
2422
t
1
123,414
139,838
(56,648)
Total 206 800 206,800 206,605