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





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|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<br>and Legacies||||||||
|Income from charitable|activities|||||||
|Property<br>Rental||||646||646|646|
|Total Income and Endowments||||646||647|646|
|RESOURCES EXPENDED||||||||
|Expenditure<br>on Charitable||activities:||||||
|Premises||||877|52|929|940|
|Financing costs||||370||370|474|
|Governance<br>costs||||3||3|1|
|Total expenditure||||1,250|52|1,302|1,415|
|NET EXPENDITURE||||(604)|(51)|(655)|(769)|
|Total funds brought<br>forward||||2,741|684|3,425|4,194|
|Total funds carried for|ward|||2 137|633|2,770|3,425|





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|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<br>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|





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|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<br>for audit services||(excluding|VAT)|||
|Tax corn|liance|services|||||



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





|5|Investments||
|---|---|---|
|||Restricted|
|||Fund|
|||f.'000|
|Market|value||
|1 September 2020|||
|Additions<br>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|||





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|C|reditors:|amounts<br>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|



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



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|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<br>by:||||
|Tangible fixed assets|623|26,519|27,142|
|Investments|10||10|
|Net current<br>liabilities||(22,516)|(22,516)|
|Long-.term liabilities||(1,866)|(1,866)|
||633|2,137|2,770|





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