| Contenb | Page |
|---|---|
| Legal andAdministrativelnformation | 3 |
| ReportoftheTrustees | 4-5 |
| StatementofFinancialActivities | o |
| Balance Sheet | 7 |
| NotesformingpartoftheFinancial Statement | 8-11 |
| lndependentExaminer's Report | 12 |
| STATEMENT OF FINANCIAL A | CTIVITI | ES:forthe yea | r ended31A | ugust2024 | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | Funds | Funds | Funds Funds |
||
| 2024 | 2023 | ||||
| lncomingResources | E | ! | € | t | |
| lncomingresourcesfromcharitable | |||||
| activities: | |||||
| Voluntary lncome Donations |
3 | 13,455 | 13,455 | 28,675 | |
| lncomingresourcesfromgenerated | |||||
| funds: | |||||
| lncome from teaching | 2 | 65,212 | 65,212 | 57,623 | |
| Other lncome: | |||||
| Bank interest receivable | 2,938 | 2,938 | 864 |
||
| Totalincomingresources | 81,605 | 81,605 | 87,162 | ||
| Resources expended | |||||
| Cost of generatingfunds | |||||
| Charitableactivities | 4 | 42,954 | 42,954 | 48,633 | |
| Governancecosts | 4 | 40,819 | 40,819 | 38,334 | |
| Total resources expended | 4 | 83,773 | 83,773 | 86,967 | |
| Net (expended) incoming resources | (2,168) | (2,168) 195 |
|||
| before transfers | |||||
| Transfersbetween funds | |||||
| Netmovement offunds | (2,168) | (2,168) 195 |
|||
| Reconciliation offunds | |||||
| Totalfundsbrought forward | 12 | 206,800 | 206,800206,605 | ||
| Totalfundscarriedforward | 12 | 244,632 | 204,632206,800 |
| 2.lncomingresourcesfromgeneratedfun | 2.lncomingresourcesfromgeneratedfun | 2.lncomingresourcesfromgeneratedfun | ds: | ||
|---|---|---|---|---|---|
| SchoolFees Unrestricted t€ SchoolFeesreceived 65,212 |
Restricted | 2024Total f, 65,212 |
2023Total € 57,623 |
||
| Exam Fees | |||||
| Total | 65,212 | 65,212 | 57,623 | ||
| 3.lncomingresources | from | others: | |||
| Unrestricted | Restricted | 2024Total | 2023Total | ||
| E | € | € | E | ||
| Donation | 13,455 | 13,455 | 28,675 | ||
| Others | |||||
| Total | 13,455 | 13,455 | 11,411 |
| .Total Resources expende | d | |||
|---|---|---|---|---|
| Basisof | Costof | 2024Total | 2023Total | |
| Allocation | Generating | |||
| Funds € |
€ | t | ||
| Costsdirectlyallocatedto Staffcosts Prizesforstudents Readingmaterial |
activities Direct Direct Direct |
39,324 3 630 |
39,324 3,630 |
43,925 2,417 2,291 |
| Sub total | 42,954 | 42,954 | 48,633 | |
| Support costs allocatedto | activities | |||
| Travel,meetingexpensesDirect Officecosts Usage Communications Usage Depreciation Direct |
4,122 35,877 820 |
4122 35,877 820 |
6,184 31,080 1,O70 |
|
| Sub total | 40,819 | 40,819 | 38,334 | |
| Total ResourcesExpended | 83 773 | 83,773 | 86,957 |
| 5.Staffcostsand numbers | ||
|---|---|---|
| 2024 f |
2023 t |
|
| Salaries and wages | 39,324 | 43,925 |
| Total | 39,324 | 43,925 |
| 0.Debtors | ||
|---|---|---|
| 2024t | 2023t | |
| Debtors prepayments | 2,495 | 2,843 |
| Total | 2,495 | 2,843 |
| 1.Greditors: AmountsfallingduewithinOneYea | r | |
|---|---|---|
| 2024 | 2023 | |
| € | € | |
| Taxationand social security | ||
| Accrualsanddeferredincome | ||
| Deferred lncome-Schoolfeesdeposit | 28,231 | 37,437 |
| Total | 28,231 | 37,437 |
| 2.Analysis ofNetAsse | tsbetweenfund | s | ||
|---|---|---|---|---|
| SchoolFees | Unrestricted | Restricted | Total Funds | Total Funds |
| Funds € |
Funds E |
2424 t |
2423 t |
|
| lntangibleFixedAssets | 1 | 1 | 1 | |
| TangibleFixedAssets | 123,414 | 123,414 | 123,414 | |
| Current Assets | 109,448 | 109,448 | 120,822 | |
| CurrentLiabilities | (28,231) | (28,231) | (37,437) | |
| Total | 204,632 | 204,632 | 206,800 |