2020-12-31-accounts

			Page
Trustees report			1-5
Statement	oftrustees	responsibilities
Independent	auditor's	report	7-8
Statement	offinancial	activities
Statement	offinancial	position	10
Statement	ofcash flows
Notes to the financial		statements	12-21

			Unrestricted	Unrestricted
			funds	funds
			2020	2019
		Notes
Income and endowments	from:
Grants			281,847	250,216
Charitable activities			104,269	770,196
Investments			33,069	50,623
Government grants			76,819
Total income			496,004	1,071,035
Ex enditure on:
Charitable activities			559,814	1,020,553
Net (expenditure)/income	for the year/
Net movement in funds			(63,810)	50,482
Fund balances at 1 January	2020		1,128,776	1,078,294
Fund balances at 31 December 2020			1,064,966	1,128,776

						2020		2019
				Notes				f
Fixed assets
Tangible assets				10			1,031,147		1,045,407
Current assets
Debtors						104,823		99,776
Cash at bank and	in	hand				182,536		244,027
					287,359			343,803
Creditors: amounts		falling due within
one year				13	(109,794)			(163,726)
Net current assets							177,565		180,077
Total assets less	current liabilities						1,208,712		1,225,484
Creditors: amounts		falling due after
more than one year				14			(143,746)		(96,708)
Net assets							1,064,966		1,128,776
Income funds
Unrestricted funds
Designated funds				17				15,145
General unrestricted		funds			983,541			1,032,206
Revaluation reserve						81,425		81,425
							1,064,966		1,128,776
							1,064,966		1,128,776
The financial statements			were approved	by the Trustees	on	23 February	2021
						/g'ck gieeceI be
P Sanders				N Wescombe
Trustee				Trustee

						2020		2019
					Notes	F
Cash flows from operating			activities
Cash (absorbed by)/generated			from		20
operations							(145,782)		135,734
Investing	activities
Purchase	oftangible fixed	assets				(407)		(17,989)
Proceeds	on disposal oftangible			fixed
assets						2,820
Investment	income received					33,069		50,623
Net cash	generated from	investing
activities							35,482		32,634
Financing	activities
Proceeds	of new bank loans					50,000
Repayment	of bank loans					(1,191)		(13,082)
Net cash	generated from/(used			in)
financing	activities						48,809		(13,082)
Net (decrease)/increase		in	cash	and	cash
equivalents							(61,491)		155,286
Cash and	cash equivalents	at beginning			ofyear		244,027		88,741
Cash and	cash equivalents		at end of		year		182,536		244,027

Freehold	land and buildings	zero
Plant and	equipment	25% reducing	balance
Motor vehicles		25% reducing	balance

					Unrestricted	Unrestricted
					funds	funds
					2020	2019
	Grants Receivable				281,847	250,216
4	Charitable	activities
					UnrestrictedUnrestricted
					funds	funds
					2020	2019
					f
	Incoming	resources	from charitable	activities	104,269	770,196

			Unrestricted	Unrestricted
			funds	funds
			2020	2019
	Rental Income		33,069	50,623
6	Government	grants
			Unrestricted	Total
			funds
			2020	2019
				F
	Government	grants	76,819

						Unrestricted Unrestricted	Unrestricted Unrestricted
						funds	funds
						2020	2019
						f.
Staff costs						336,263	457,247
Depreciation and impairment						10,382	15,136
Commission and discounts						6,016	31,169
Material / library	/ student					52,211	271,590
Sport hall costs						14	1,014
Staff canteen / welfare			/ entertainment			4,635	9,300
Building costs						75,782	112,872
Marketing costs						11,503	21,035
Bus passes						2,010	28,400
Other administration		costs -		main		34,146	45,136
Representation	/ British Council					5,941	5,631
Subscriptions and professional					fees	2,163	1,590
Bank charges						1,110	2,984
Loan interest						6,561	4,308
Loss on disposal	of	tangible		fixed assets		1,464	1,028
						550,201	1,008,440
Share ofgovernance			costs	(see note )		9,613	12,113
						559,814	1,020,553

		2020	2019
		Number	Number
Administrative		7	7
Teaching		10	18
Premises		2	3
Total		19	28
Employment	costs	2020	2019
Wages and salaries		307,508	420,261
Social security	costs	18,831	26,987
Other pension	costs	9,924	9,999
		336,263	457,247

Tangible fixe	d assets
			Freehold	land	Plant and Motor vehicles		Total
			and buildings		equipment
Cost
At 1 January	2020		1,000,000		181,139	19,320	1,200,459
Additions					407		407
Disposals						(6,700)	(6,700)
At 31 December 2020			1,000,000		181,546	12,620	1,194,166
Depreciation	and impairment
At 1 January	2020				144,223	10,829	155,052
Depreciation	charged	in the year			9,331	1,052	10,383
Eliminated in	respect ofdisposals					(2,416)	(2,416)
At 31 December 2020					153,554	9,465	163,019
Carrying amount
At 31 December 2020			1,000,000		27,992	3,155	1,031,147
At 31 December 2019			1,000,000		36,916	8,491	1,045,407

Debtors
		2020	2019
Amounts falling due within one year:
Trade debtors		62,137	52,629
Other debtors		8,780	12,000
Prepayments	and accrued income	33,906	35,147
		104,823	99,776
Loans and overdrafts
		2020	2019
Bank loans		159,068	110,259
Payable within	one year	15,322	13,551
Payable after	one year	143,746	96,708

			2020	2019
		Notes
Bank loans		12	15,322	13,551
Other taxation and social security			5,170	7,651
Deferred income		15	54,802	95,091
Trade creditors			20,370	12,919
Other creditors			1,288	6,809
Accruals and deferred	income		12,842	27,705
			109,794	163,726

14	Creditors: amounts	falling due after more than one year
				2020	2019
			Notes
	Bank loans		12	143,746	96,708
15	Deferred income
				2020	2019f
	Arising from course	fees		54,802	95,091

		Movement	in funds	2019	Movement in	funds 2020
		Allocation	Resources	Transfers	Balance at	Resources	Balance at
		from general	expended		1 January 2020	expended	31 December
		reservesf	f.			f.	2020 f
Designated	Fund	18,333	(18,333)	15,145	15,145	(15,145)
		18,333	(18,333)	15,145	15,145	(15,145)

	2020	2019f
Within one year	3,456	3,456
Between two and five years	2,592	5,184
	6,048	8,640

						2020f	2019f
	Aggregate compensation					54,700	55,220
	Trustees
	There are no related party transactions		with	any trustees	for both the current and prior year.
20	Cash generated from operations					2020	2019
						E	E
	(Deficit)/surpus for the year					(63,810)	50,482
	Adjustments for:
	Investment income recognised	in statement		offinancial	activities	(33,069)	(50,623)
	Loss on disposal oftangible fixed assets					1,464	1,028
	Depreciation and impairment oftangible		fixed assets			10,382	15,135
	Movements in working capital:
	(Increase)/decrease in debtors					(5,047)	118,474
	(Decrease)/increase in creditors					(15,413)	33,286
	(Decrease) in deferred income					(40,289)	(32,048)
	Cash (absorbed by)/generated	from	operations			(145,782)	135,734

21	Analysis ofchanges in net funds	Analysis ofchanges in net funds
			At 1 January	Cash flows	At 31 December
			2020		2020
			f
	Cash at bank and	in hand	244,027	(61,491)	182,536
	Loans falling due	within one year	(13,551)	(1,771)	(15,322)
	Loans falling due	after more than one year	(96,708)	(47,038)	(143,746)
			133,768	(110,300)	23,468