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||||Page|
|---|---|---|---|
|Charity Reference and|Administrative|Details||
|Trustees'
Statement||||
|Trustees'
Annual Report|||3-5|
|Independent
Examiner'|s Report|||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Statement ofCash Flows||||
|Analysis ofNet Debt|||10|
|Notes to the Financial|Statements||11 - 16|
|Charity registration|Charity registration|Charity registration|number|290406|||
|---|---|---|---|---|---|---|
|Company|registration||number|1827162|||
|Trustees||||A TChester (resigned||14July 2022)|
|||||RJSanger (resigned||14July 2022)|
|||||A D Clements|||
|||||LJWitham|||
|||||RBell (appointed|14|July 2022)|
|||||PA Daley (appointed||14July 2022)|
|||||M EScott (appointed||12January 2023)|
|Chief executive officer||||M Durham|||
|Registered||office||6Bourne Court|||
|||||Southend Road|||
|||||Woodford Green|||
|||||Essex|||
|||||IG8 8HD|||
|Independent||examiner||Clay Ratnage Strevens &Hills|||
|||||Construction
House|||
|||||Runwell Road|||
|||||Wickford|||
|||||Essex|||
|||||SS117HQ|||
|Bankers||||National
Westminster||Bank Plc|
|||||Western Avenue|||
|||||Waterside|||
|||||Chatham
Marine|||
|||||Kent|||
|||||ME4 4RT|||
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||||2022|2021|
|---|---|---|---|---|
||||Total|Total|
|||Note|||
|Income from:|||||
|Charitable
activities|||739,703|792,055|
|Investments|||202|55|
|Total income|||739,905|792,110|
|Expenditure
on:|||||
|Charitable
activities|||723,106|828,517|
|Governance
costs|||19,043|22,502|
|Total expenditure|||742,149|851,019|
|Net loss for the year|||(2,244)|(58,909)|
|Reconciliation
offunds:|||||
|Total funds brought|forward||700,807|759,716|
|Total funds carried|forward||69S,563|700,807|
##
|||||2022|2021||
|---|---|---|---|---|---|---|
||||Note||||
|Fixed assets|||||||
|Tangible fixed assets||||22,385||26,510|
|Current
assets|||||||
|Debtors|||10|61,774|69,445||
|Investments|||11|665,325|699,953||
|Cash at bank|and in|hand||110|110||
|||||727,209|769,508||
|Creditors: amounts||falling due within one year||51,031|95,211||
|Net current|assets|||676,178||674,297|
|Net assets||||698,563||700,807|
|Charity Funds|||||||
|Unrestricted|funds|||698,563||700,807|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Cash flows from Operating||activities|||||
|Loss for the financial year|||||(2,244)|(58,909)|
|Adjustments
for:|||||||
|Depreciation oftangible
assets|||||4,782|5,624|
|Loss on disposal oftangible||assets||||1,619|
|Interest received|||||(202)|(55)|
|Decrease in debtors|||||7,671|7,064|
|Decrease in creditors|||||(38,617)|(4,596)|
|Net cash generated
from Operating||||activities|(28,610)|(49,253)|
|Cash flows from Investment|||activities||||
|Purchase oftangible fixed assets|||||(657)|(23,748)|
|Interest received|||||202|55|
|Net cash from Investment|activities||||(455)|(23,693)|
|Net decrease in cash and cash equivalents|||||(29,065)|(72,946)|
|Cash and cash equivalents|at|beginning||ofyear|694,500|767,446|
|Cash and cash equivalents||at|the end ofyear||665,435|694,500|
|Cash and cash equivalents||at|the end ofyear comprise:||||
|Cash at bank and in hand|||||665,435|700,063|
|Bank overdrafts||||||(5,563)|
||||||665,435|694,500|
|||At 1September||At 31August|
|---|---|---|---|---|
|||2021|Cash Flows|2022|
|Cash|at bank and in hand|700,063|(34,628)|665,435|
|Bank|overdrafts|(5,563)|5,563||
|||694,500|(29,065)|665,435|
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|3|Income from|investments||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Bank deposit|interest||||202|55|
|4|Expenditure|on charitable||activities||||
|||||||2022|2021|
||College course fees|||||238,233|343,162|
||Examination,|assessment|and achievement||costs|35,736|23,183|
||Staffcosts|||||292,646|334,750|
||Establishment|costs||||129,943|108,707|
||Insurance|||||5,152|3,471|
||Printing,
postage, stationery|||and advertising||3,311|4,282|
||Professional|fees||||18,085|10,962|
|||||||723,106|828,517|
|5|Governance|costs||||||
|||||||2022|2021|
||Staffcosts|||||10,363|12,002|
||Establishment|costs||||4,000|4,000|
||Accountant'|s remuneration||||4,680|6,500|
|||||||19,043|22,502|
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|The av|erag|e monthly
number ofemploye|es
and full time equivalent
|(FTE)during|the year were as|follows:|
|---|---|---|---|---|---|---|
||||2022|2022|2021|2021|
||||Number|FTE|Number|FTE|
|Office|and|administration|12|12|14|14|
|||2022|2021|
|---|---|---|---|
|Wages and salaries||273,770|314,055|
|Social security||18,876|22,332|
|Defined contribution|pension costs|8,833|10,366|
|||301,479|346,753|
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|9|Tangible fixed assets||||
|---|---|---|---|---|
|||Leasehold|Office||
|||Improvements|Equipment|Total|
||Cost:||||
||At 1 September 2021|16,044|72,510|88,554|
||Additions||657|657|
||At 31August 2022|16,044|73,167|89,211|
||Depreciation:||||
||At 1 September 2021|1,604|60,440|62,044|
||Charge for the year|1,604|3,178|4,782|
||At 31August 2022|3,208|63,618|66,826|
||Net book value:||||
||At 31August 2022|12,836|9,549|22,385|
||At 31August 2021|14,440|12,070|26,510|
|10|Debtors||||
||||2022|2021|
||Grants receivable||48,951|59,955|
||Prep ayments||12,823|9,490|
||||61,774|69,445|
|11|Current asset investments||||
||||2022|2021|
||Bank account deposits||665,325|699,953|
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|Creditor|s: amounts
faHing due within one year|||
|---|---|---|---|
|||2022|2021|
|Taxation|and social security|6,123|5,663|
|Grants payable||12,700|8,700|
|Accruals||23,278|77,088|
|Deferred|income|8,930|3,760|
|||51,031|95,211|
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|||2022|2021|
|---|---|---|---|
|Amounts|due within one year|58,000|51,000|
|Within 1-5years||240,000|238,000|
|||298,000|289,000|