| Contents | Page | ||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees report | |||
| Accountants report |
|||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the accounts | 6-7 |
| ACCOUNT) F | O | R | TH | E | YEAR ENDED 31 | AUGUST 2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| Un- | |||||||||
| Notes | Restricted | 2020 Total | 2019Total | ||||||
| Funds | |||||||||
| INCOMING RESOURCES | |||||||||
| fees from students | 29,371 | 29,371 | 34,563 | ||||||
| Surplus from open |
evenings | 387 | 387 | 1,299 | |||||
| Surplus from ret'reshment |
sales | 1,098 | 1,098 | 1,564 | |||||
| Donations | 78 | 78 | 144 | ||||||
| Hire ofinstruments | 290 | 290 | 24 | ||||||
| (Deficit)/Surplus | on sales | ofreeds | (101) | (101) | (71) | ||||
| Surplus from student's |
exams | 217 | 217 | 210 | |||||
| Michael Janson | Legacy | 39,154 | 39,154 | 380,604 | |||||
| Other income | 326 | 326 | 546 | ||||||
| Total incoming | resources | 70,818 | 70,818 | 418,884 | |||||
| Sundry income | 58 | 58 | 230 | ||||||
| Interest received | |||||||||
| 70,875 | 70,875 | 419,114 | |||||||
| Expenses | |||||||||
| Adjustment to stock |
(44) | ||||||||
| Tutorial and staff |
payments | 30,906 | 30,906 | 34,836 | |||||
| Rent | 2,070 | 2,070 | (3,554) | ||||||
| Insurance | 132 | 132 | 132 | ||||||
| Repairs and renewals | 4 | 4 | 316 | ||||||
| Postage, telephone | and | stationery | 110 | 110 | 52 | ||||
| Accountancy | 156 | 156 | 156 | ||||||
| Sundry expenses | 3 223 | 3 223 | 2 030 | ||||||
| 36,601 | 36,601 | 33,924 | |||||||
| Other Costs | |||||||||
| Depreciation | 42 | 42 | 56 | ||||||
| 42 | 42 | 56 | |||||||
| Total resources | expended | 36,643 | 36,643 | 33,980 | |||||
| Net surplus/(deficit) | for the year | 2 | 34232 | 34 232 | 385 135 |
| Notes | 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Fixed Assets | 125 | 167 | |||||||
| Current Assets | |||||||||
| Stocks | 713 | 713 | |||||||
| Debtors | |||||||||
| Bank current | accounts | 71,437 | 102,636 | ||||||
| Investments | 361,134 | 295,504 | |||||||
| Cash in hand |
30 | 30 | |||||||
| 433,314 | 398,883 | ||||||||
| Current Liabilities |
|||||||||
| Sundry creditors | and accruals | 636 | 480 | ||||||
| Net Current | Assets | 432,677 | 398,403 | ||||||
| Total Assets | less Current | Liabilities | 432,802 | 398,570 | |||||
| FUNDS | |||||||||
| Accumulation | ofunrestricted | funds | 432,802 | 398,570 | |||||
| Total Charity | Funds | 432,802 | 398,570 |
| This is stated | ager charging: | ager charging: | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| 8 | |||||||
| Accountancy | and bookkeeping | 156 | 156 | ||||
| 3.Fixed Assets | |||||||
| Plant and | |||||||
| machinery | Total | ||||||
| Cost | |||||||
| At I September 2019 | 12,573 | 12,573 | |||||
| Additions in the year |
|||||||
| At 31 August 2019 | 12,573 | 12,573 | |||||
| Depreciation | |||||||
| At I September 2018 | 12,406 | 12,350 | |||||
| Charge for the year | 42 | 56 | |||||
| At 31 August 2019 | 12,448 | 12,406 | |||||
| Net BookValue | |||||||
| At 31August 2019 | 125 | 167 | |||||
| At I September 2018 | 167 | 223 | |||||
| 4.Creditors | |||||||
| 2020 | 2019 | ||||||
| Trade creditors | 636 | 480 | |||||
| Accruals | 150 | 150 | |||||
| 786 | 630 | ||||||
| 5.Movement in funds |
|||||||
| At I | Incoming | At31 | |||||
| September | Resources | Outgoing | August | ||||
| 2019 8 |
(inc. gains) | Resources | Transfers f |
2020 | |||
| Restricted funds: | |||||||
| Total restricted | funds | ||||||
| Unrestricted | funds: | ||||||
| General funds | 398,570 | 70,875 | (36,643) | 432,802 | |||
| Total funds | 398,570 | 70.875 | (36,643) | 432,802 |