2021-08-31-accounts

for the year en	ded 31August 2021
Contents		Pages
Trustee and advisors
Report ofthe Trustee		2-5
Independent auditors'	report
Statement offinancial	activities
Balance sheet		10
Notes to the financial	statements	11-17

for the year ended	3	1August	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	2021	2020
			Note	E'000	E'000	f.'000	F'000
INCOMING RESOURCES
Incoming resources:
Donations and Legacies
Income from charitable	activities
Property Rental				646		646	646
Total Income and Endowments				646		647	646
RESOURCES EXPENDED
Expenditure on Charitable		activities:
Premises				877	52	929	940
Financing costs				370		370	474
Governance costs				3		3	1
Total expenditure				1,250	52	1,302	1,415
NET EXPENDITURE				(604)	(51)	(655)	(769)
Total funds brought forward				2,741	684	3,425	4,194
Total funds carried for	ward			2 137	633	2,770	3,425

Balance	She	et	as	at 31August 2021
						2021	2020
					Note	R'000	6'000
Fixed assets
Tangible assets						27,142	27,245
						27,142	27,245
Current Assets
Debtors						11,087	10,441
investments						10
Cash at bank	and	in	hand
						11,099	10,452
Creditors: amounts			falling	due within one year		(33,605)	(32,406)
Net current	liabilities					(22,506)	(21,954)
Total assets	less	current		liabilities		4,636	5,291
Creditors: amounts year			falling	due after more than one		(1,866)	(1,866)
Net assets						2,770	3,425
Represented	by:
Restricted funds						633	684
Unrestricted	funds					2 137	2,741
						2,770	3,425

2	Finan	cing costs
					2021	2020
					f.'000	6'000
Interest	payable	on loans and advances	from parent	undertaking	370	474
3	Governance costs
					2021	2020
					K'000	F'000
Auditors'	remuneration for audit services		(excluding	VAT)
Tax corn	liance	services

4 Tangible assets
	Freehold
	land &	Equipment	&
	buildings f'000	furnishings R'000		Total R'000
Cost
1 September 2020	36,837	114		36,951
Additions	823			823
Dis osals
31 Au ust 2021	37660	114		37,774
Accumulated depreciation
1 September 2020	9,592	114		9,706
Charge for the year	926			926
Dis osals
31Au ust 2021	10,518	114		10,632
Net book value
31 Au ust 2021	27,142			27,142
31Au ust 2020	27,245			27,245

5	Investments
		Restricted
		Fund
		f.'000
Market	value
1 September 2020
Additions at cost
Dis osals at cost
31 Au	ust 2021	10

Cash and short-term	de osits	10
Historical cost
31August 2021		10
31 August 2020

C	reditors:	amounts falling due	within one year
			2021	2020
			K'000	2'000
Advance	from parent	undertaking	33,602	32,405
Other creditors and accruals
			33,605	32,406

7	Cred	ito	rs:	amounts falling due	after more than one y	ear
					2021	2020
					F'000	2'000
Amounts	owed	to	arent	undertakin	1,866	1,866

Funds
	Restricted	Unrestricted	Total
	funds	funds	funds
	2'000	E'000	f'000
1 September 2020	684	2,741	3,425
Incoming resources		646	647
Resources expended	(52)	(1,250)	(1,302)
31August 2021	633	2,137	2,770
Represented by:
Tangible fixed assets	623	26,519	27,142
Investments	10		10
Net current liabilities		(22,516)	(22,516)
Long-.term liabilities		(1,866)	(1,866)
	633	2,137	2,770

			Unrestricted	Restricted	Total	Total
			funds	funds	2020	2019
		Note	E'000	F'000	f.'000	E'000
INCOMING RESOURCES
Incoming resources:
Donations and Legacies
Income from charitable activities
Property Rental			646		646	646
Total Income and Endowments					646	646
RESOURCES EXPENDED
Expenditure on Charitable	activities:
Premises			888	52	940	785
Financing costs			474		474	511
Governance costs					1	2
Total expenditure			1,363	52	1,415	1,298
NET EXPENDITURE			(717)	(52)	(769)	(652)
Total funds brought forward			3,458	736	4,194	4,846
Total funds carried forward			2,741	684	3,425	4,194