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|Reference and Administrative||Details of the Company,|its Trustees and Advisers|1|
|Trustees'
Report||||2-5|
|Independent
Auditor's|Report|on the Financial Statements||6-9|
|Statement of Financial|Activities|||10|
|Balance Sheet|||||
|Statement ofCash Flows||||12|
|Notes to the Financial|Statemenls|||13-24|
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||||Unrestricted|Total|Tolal|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021|2021|2020|
|||Note|6|f|0|
|Income from:||||||
|Donations
and legacies||3|||100|
|Charitable
activities||4|446,434|446,434|906,263|
|Other trading
activities||5|6,343|6,343|14,999|
|Total income|||452,777|452,777|921,362|
|Expenditure
on:||||||
|Charitable
activities|||485,472|485,472|1,045,913|
|Total expenditure|||485,472|485,472|1,045,913|
|Net movement
in funds|||(32,695)|(32,695)|(124,551)|
|Reconciliation
offunds:||||||
|Total funds brought|forward||42,971|42,971|167,522|
|Net movement
in funds|||(32,695)|(32,695)|(124,551)|
|Total funds carried|forward||10,276|10,276|42,971|
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|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note||6|||
|Fixed assets|||||||
|Investment
property||10||349,500||349,500|
|Current assets|||||||
|Debtors||11|38,760||174,323||
|Cash al bank and in hand|||44,616||392,326||
||||83,376||566,649||
|Creditors: amounts|falling due within one||||||
|year||12|(422,600)||(873,178)||
|Net current liabilities||||(339,224)||(306,529)|
|Total net assets||||10,276||42,971|
|Charity funds|||||||
|Restricted funds||13|||||
|Unrestricled
funds||13||10,276||42,971|
|Total funds||||10,276||42,971|
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||||||2021f|2020f|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash|used
In operating|activities|||(347,710)|134,701|
|Change|in cash and cash|equivalents|in|the year|(347,710)|134,701|
|Cash and|cash equivalents|at the beginning||ofthe year|392,326|257,625|
|Cash and cash equivalents||at the end|of|the year|44,616|392,326|
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||||Unrestricte|Total|
|---|---|---|---|---|
||||d funds|funds|
||||2021f|2021f|
||Teaching||583,507|583,507|
||Grants made to studenis||(137,073)|(137,073)|
||Total||446,434|446,434|
||||Vnrestri cted|Total|
||||funds|funds|
||||2020
6|2020f|
||Teaching||1,244,596|1,244,596|
||Grants made to students||(338,333)|(338,333)|
||Total 2020||906,263|906,263|
|5.|Income from other trading|activities|||
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021
f|2021f|
|Sundry|income|1,254|1,254|
|Grants||5,089|5,089|
|||6,343|6,343|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2020f|2020|
|Sundry|income|4,999|4,999|
|Grants||10,000|10,000|
|||14,999|14,999|
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|||Activities||
|---|---|---|---|
|||undertaken|Total|
|||directly|funds|
|||2021|2021|
|||E|6|
|Teaching||470,889|470,889|
|Welfare||1,245|1,245|
|Support||964|964|
|Management|&admln|12,374|12,374|
|||485,472|485,472|
|||Activities||
|---|---|---|---|
|||undertaken|Tolal|
|||directly|funds|
|||2020|2020|
|||6|8|
|Teaching||831,520|831,520|
|Welfare||26,463|26,463|
|Support||115,193|115,193|
|Management|&admin|72,737|72 737|
|||1,045,913|1,045,913|
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||||||Manage-||
|---|---|---|---|---|---|---|
||||||ment 8|Total|
|||Teaching|Welfare|Support|admln|funds|
|||2021
5|2021
5|2021f|2021
6|2021f|
|Staff costs||391,705||||391,705|
|Rates &water||21,465||||21,485|
|Insurance|||||145|145|
|Light & heat||442||||442|
|Poslage, stationery
subscriptions|&|7,954||404||8,358|
|Sunddes|||1,245|||1,245|
|Travel||||560||560|
|Canleen||13,610||||13,610|
|Repairs||1,070||||1,070|
|Shows||1,177||||1,177|
|Education costs||7,236||||7,236|
|Bank charges||492||||492|
|Legal|||||12,228|12,228|
|Bad debts||25,718||||25,718|
|||470,889|1,245|964|12,373|485,471|
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|Analysis
of|direct|costs (conti|nu|ed)||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Management|Total|
|||||Teaching||Irfeftare|Support|& admin|funds|
||||||2020f|2020
2|2020|2020
8|2020
8|
|Staffcosts||||575,876|||||575,876|
|Fee for use offixed||assets|||9,645||||9,845|
|Rates &water|||||23,265||||23,265|
|Insurance||||||||9,980|9,980|
|Light &heat|||||f5,642||||15,642|
|Telephone|||||||5,729||5,729|
|Postage, stationery
subscriptions||&|||6,812||8,730||15,542|
|Advertising|||||||21,138||21,138|
|Sundries||||||4,334||2,611|6,945|
|Training
& recruitment||||||22,129|||22,129|
|Travel|||||||4,531||4,531|
|Canteen|||||40,469||||40,469|
|Computer|||||||18,292||18,292|
|Hire ofequipment|||||10,744||||10,744|
|Repairs|||||||56,773||56,773|
|Shows|||||11,171||||11,171|
|Education costs|||||17,667||||17,667|
|Bank charges|||||811||||811|
|Legal||||||||60,146|60,146|
|Bad debts|||||93,121||||93,121|
|Cleaning|||||28,297||||26,297|
|||||831,520||26,463|115,193|72,737|1,045913|
|Auditor's
remuneration||||||||||
|||||||||2021|2020|
|||||||||2|8|
|Fees payable to the
annual accounts||Company's|auditor||for the audit of the Company's|||4,000|3,800|
|Fees payable|to the|Company's|auditor||in respect|of:||||
|All non-audit|services not included|||above||||1,260|1,200|
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|||2021|2020|
|---|---|---|---|
|||E||
|Due within one year||||
|Trade debtors||34,735|152,214|
|Other debtors||2,423|19,682|
|Prepayments|and accrued income|1,602|2427|
|||38,760|174,323|
##
||||2021|2020|
|---|---|---|---|---|
||||E||
|Trade creditors|||251|2,892|
|Amounts|owed to Italia|Conti Academy ofThealre Arts Limited|335,633|698,437|
|Other creditors|||4,164|80|
|Accruals|and deferred|income|82,352|171,789|
||||422,600|873,178|
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|Statement|of|funds|-|curre|nt year||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Balance at 1||||Balance at|
|||||||September||||31 August|
|||||||2020f|Income
f|Expenditure|f|2021
f|
|Unrestricted||funds|||||||||
|Reserves||||||42,971|452,777|(485,472)||10,276|
|Statement|of|funds|-|prior|year||||||
|||||||Balance et||||Balance at|
|||||||I September||||31August|
|||||||2019f|Income|Expenditure|f|2020
f|
|Unrestricted||funds|||||||||
|Reserves||||||167,522|921,362|(1,045,913)||42971|
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|||||||Balance at 1||||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||September||||31 August|
|||||||2020f|Income
f|Expenditure|f|2021
f|
|General|funds|||||42,971|452,777|(486,472)||10,276|
|Summary||offunds|-|prior|year||||||
|||||||Balance el||||Balance et|
|||||||1Seplember||||31August|
|||||||2019f|Income|Expenditure||2020|
|General|funds|||||167,522|921,362|(1,045,913)||42971|
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|Analysis|of net assets between
funds - current yea|r||
|---|---|---|---|
|||Unrestricte|Total|
|||d funds|funds|
|||2021f|2021|
|Investmant|property|349,500|349,500|
|Current assets||83,376|63,376|
|Creditors|due within one year|(422,600)|(422,600)|
|Total||10,276|10,276|
|Analysis|of net assets between
funds - prior year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2020f|2020f|
|Investment|properly|349,500|349,500|
|Current assets||566,649|566,649|
|Creditors|due within one year|(873,178)|(873,178)|
|||42,971|42,971|
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