| Page | ||
|---|---|---|
| Charity Reference and Administrative | Details | |
| Chairman's Statement |
||
| Trustees' Annual Report |
3-5 | |
| Auditor report | 6-8 | |
| Statement ofFinancial Activities | ||
| Balance Sheet | 10 | |
| Statement ofCash Flows | ||
| Analysis ofNet Debt | 12 | |
| Notes to the Financial Statements | 13- 18 |
| Charity registration | Charity registration | Charity registration | number | 290406 | ||
|---|---|---|---|---|---|---|
| Company | registration | number | 1827162 | |||
| Trustees | ATChester (Chairman) | |||||
| RJSanger | ||||||
| A D Clements | ||||||
| LJWitham | ||||||
| Chief executive officer | M Durham | |||||
| Registered | office | 6Bourne Court | ||||
| Southend Road | ||||||
| Woodford Green | ||||||
| Essex | ||||||
| IG8 8HD | ||||||
| Independent | examiner | Clay Ratnage | Strevens | Br,Hills | ||
| Construction | House | |||||
| Runwell Road | ||||||
| Wickford | ||||||
| Essex | ||||||
| SS117HQ | ||||||
| Bankers | National Westminster |
Bank Plc | ||||
| Western Avenue | ||||||
| Waterside | ||||||
| Chatham Marine |
||||||
| Kent | ||||||
| ME4 4RT |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Note | |||||
| Income from: | |||||
| Charitable activities |
792,055 | 952,398 | |||
| Investments | 55 | 2,801 | |||
| Total income | 792,110 | 955,199 | |||
| Expenditure on: |
|||||
| Charitable activities |
828,517 | 859,307 | |||
| Governance costs |
22,502 | 20,622 | |||
| Total expenditure | 851,019 | 879,929 | |||
| Net (loss)/profit for the year |
(58,909) | 75,270 | |||
| Reconciliation offunds: | |||||
| Total funds brought forward | 759,716 | 684,446 | |||
| Total funds carried forward | 700,807 | 759,716 | |||
| All income and expenditure | is derived from continuing | activities. |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Cash flows from Operating | activities | |||
| (Loss)/proflit for the financial |
year | (58,909) | 75,271 | |
| Adjustments for: |
||||
| Depreciation oftangible assets | 5,624 | 3,339 | ||
| Loss on disposal oftangible | assets | 1,619 | 299 | |
| Decrease in debtors | 7,064 | 8,509 | ||
| (Decrease)/increase in creditors |
(4,596) | 41,792 | ||
| Net cash generated from Operating |
activities | (49,198) | 129,210 | |
| Cash flows from Investment | activities | |||
| Purchase oftangible fixed assets | (23,748) | (9,293) | ||
| Net cash from Investment activities |
(23,748) | (9,293) | ||
| Net (decrease)/increase in cash and cash equivalents |
(72,946) | 119,917 | ||
| Cash and cash equivalents at |
beginning | ofyear | 767,446 | 6'47,529 |
| Cash and cash equivalents | at the end ofyear | 694,500 | 767,446 | |
| Cash and cash equivalents | at the end ofyear comprise: | |||
| Cash at bank and in hand | 700,063 | 769,288 | ||
| Bank overdrafts | (5,563) | (1,842) | ||
| 694,500 | 767,446 |
| At 1September | At 31August | |||
|---|---|---|---|---|
| 2020 | Cash Flows | 2021 | ||
| Cash | at bank and in hand | 769,288 | (69,225) | 700,063 |
| Bank | overdraAs | (1,842) | (3,721) | (5,563) |
| 767,446 | (72,946) | 694,500 |
| Incom | e from charitable activities |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Grants | receivable | 792,055 | 941,698 |
| Other | income | 10,700 | |
| 792,055 | 952,398 |
| 3 | Income from | investments | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Bank deposit | interest | 55 | 2,801 | ||||
| 4 | Expenditure | on charitable | activities | ||||
| 2021 | 2020 | ||||||
| College course fees | 343,162 | 424,665 | |||||
| Examination, | assessment | and achievement | costs | 23,183 | 23,987 | ||
| Staffcosts | 334,750 | 289,941 | |||||
| Establishment | costs | 108,707 | 77,388 | ||||
| Insurance | 3,471 | 4,829 | |||||
| Printing, postage, stationery |
and advertising | 4,282 | 5,784 | ||||
| Professional | fees | 10,962 | 32,713 | ||||
| 828,517 | 859,307 | ||||||
| 5 | Governance | costs | |||||
| 2021 | 2020 | ||||||
| Staffcosts | 12,002 | 12,482 | |||||
| Establishment | costs | 4,000 | 4,000 | ||||
| Accountant's | remuneration | 6,500 | 4,140 | ||||
| 22,502 | 20,622 |
| The average monthly | number ofem | ployees and full time equivalent |
(FTE)during the | year were | as follows: |
|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | ||
| Number | FTE | Number | FTE | ||
| Office and administration | 14 | 14 | 14 | 14 | |
| The total staff costs | and employee's | benefits was as follows: | |||
| 2021 | 2020 | ||||
| Wages and salaries | 314,055 | 274,383 | |||
| Social security | 22/332 | 18,107 | |||
| Defined contribution | pension costs | 10,366 | 9,933 | ||
| 346,753 | 302,423 |
| Leasehold | Office | ||||
|---|---|---|---|---|---|
| Improvements | Equipment | Total | |||
| Cost: | |||||
| At 1 September 2020 | 66,644 | 66,644 | |||
| Additions | 16,044 | 7,704 | 23,748 | ||
| Disposals | (1,838) | (1,838) | |||
| At 31August 2021 | 16,044 | 72,510 | 88,554 | ||
| Depreciation: | |||||
| At 1 September 2020 | 56,639 | 56,639 | |||
| Charge for the year | 1,604 | 4,020 | 5,624 | ||
| On disposal | (219) | (219) | |||
| At31August 2021 | 1,604 | 60,440 | 62,044 | ||
| Net book value: | |||||
| At 31August 2021 | 14,440 | 12,070 | 26,510 | ||
| At31August 2020 | 10,005 | 10,005 | |||
| 10 | Debtors | ||||
| 2021 | 2020 | ||||
| Grants receivable | 59,955 | 61,713 | |||
| Other debtors | 4,250 | ||||
| Prep ayments | 9,490 | 10,544 | |||
| 69,445 | 76,507 | ||||
| 11 | Current asset investments | ||||
| 2021 | 2020 | ||||
| Bank account deposits | 699,953 | 769,178 | |||
| 17 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Amounts | due to subcontract | providers | 810 | |
| Taxation | and social security | 5,663 | 5,462 | |
| Grants payable | 8,700 | 9,200 | ||
| Accruals | 77,088 | 70,742 | ||
| Deferred | income | 3,760 | 9,870 | |
| 95,211 | 96,084 |
| 2021 | 2020 | ||
|---|---|---|---|
| Amounts | due within one year | 51,000 | 48,012 |
| Within 1-5years | 238,000 | 35,000 | |
| 289,000 | 83,012 |