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|GONTENTS|Page|
|---|---|
|General information|3|
|Trustees'report|4-9|
|Independent examiner's report|10|
|Statementoffinancial activities|11|
|Balance sheet|12|
|Notesto the accounts|13-19|





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||In person|Online|Total|
|---|---|---|---|
|Arts andcrafts|38|24|62|
|Special interest<br>Languages|13<br>13|26I|39<br>22|



|nrolmentsonthe course|s<br>were1,226(2020:|1,468),bro|
|---|---|---|
||2021|2020|
|Arts andcrafts|463|614|
|Special interest|620|520|
|Languages|143|334|





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||Notes|2021||2020|
|---|---|---|---|---|
|||€||€|
|FixedAssets<br>Tangible Assets|g|125,674||132,725|
|CurrentAssets|||||
|Debtors|1n|22,350||10,842|
|CashatBank and inhand||177,990||119,353|
|||200,340||129,195|
|Creditors:amountsfallingduewithinoneyear|11|(8,430)||(1,998)|
|NetCurrentAssets||191,910||127,197|
|TotalNetAssets||__311-t_|*_35epu_||
|Representedby:|||||
|Unrestricted funds|12|258,179||208,420|
|Designated|12|5,000|||
|Restricted funds|12|54,405||51,502|
|||317,584||259,922|





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|from taxation on its incomeand <br>purposes.<br>Donationsand legacies|<br>gains where they are applied fori|<br>tscharitable||
|---|---|---|---|
||UnrestrictedRestricted<br>2021<br>2021|Total<br>2021|Total<br>2019|
|Donations and legacies<br>Save Our SettlementAppeal<br>Grants|f€€l<br>3,015<br>7,500<br> <br>28,036<br>-<br>47.415<br>19.585<br>79,466<br>27,085|10,515<br>28,036<br>67.000<br>105,551|7,771<br>83,466<br>91,237|



|Grants were madebythe follow|ing:||
|---|---|---|
|Grantmaker|UnrestrictedRestricted<br>€€t|TotalPurpose|
|North HertfordshireDistrict<br>Council<br>Letchworth CivicTrust<br>Culture RecoveryFu**ndf**or<br>Heritase<br>t<br>or<br>Letchworth GardenCitv<br>HeritageFoundation|<br>-<br>2,000<br>25,000<br>-<br>7,41s17,s's<br>1<br>r5'000<br>-|,a.-..-..<br>2,000lTprovision<br>25,000Unrestricted<br> 25,0003ll3::?1r,",<br>15'000unrestricted|





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|TO THE ACCOUNTSFORTHEYEAR <br>lncomefrom charitable activities|ENDED31<br>JULY2021(continued|)|
|---|---|---|
||Total|Total|
||2021|2020|
||e|^L|
|Feesfor courses|1',17,82',1|143,866|
|Membershio fees|1',1,125|9,961|
|Hirings|14,509|30,133|
||'143,455|_G4999_|



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|Other income|||
|---|---|---|
||Tptal|Total|
||2021|2020|
||€|E|
|Otherincome|3,386|15,094|
|COVID-19 grants|1,365|33,741|
||4,751|48,835|



|lnvestmentincome|||
|---|---|---|
||Total|Total|
||2021t|2420t|
|Bank interest|15|351|





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|Analysis of expenditure|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||2021<br>€|2021<br>E|2021f|2020<br>e|
|Provisionofcourseand|||||
|other activities|||||
|Tutor fees|49,616||49,616|81,904|
|Costs of raising otherincome|372||372|4,814|
|Premisescosts|46,680|18,80;|65,486|45,420|
|Depreciation|12,771|5,375|19,146|14,900|
|Support costs|61,571||61,571|122,716|
|Governancecosts|9'19<br>171.929 24.181||919<br> 196.110|2,868<br>___n2,622_|
|Support costs|||||
|Staffcosts|41,751||41,751|109,756|
|General officecosts|19,820||19,820|12,960|
||61.571||61,571|122,716|
|Governancecosts|||||
|Accountant's fees||||2,506|
|Independent examiner's fee<br>Trustees liability insurance|g6;||36;|362|
|Other|557||557||
||919||919|2,868|





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|Staff costs|||
|---|---|---|
||Total|Total|
||202',|2020|
||€|e|
|Remunerationpaidto employees|41,002|78,712|
|Social securitycosts||1,339|
|Pensioncosts|749|1,793|
|Redundancycosts||27,912|
||41,751|109,756|
|The average numberofemployees, calculated ona fulltime<br>equivalent basis,was|1.6|3|



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||Fixtures<br>OfficeBuildingProperty<br>&fittingsequipmentimprove-improve-<br>ments<br>ments|Fixtures<br>OfficeBuildingProperty<br>&fittingsequipmentimprove-improve-<br>ments<br>ments|Total|
|---|---|---|---|
||e||€|
|Cost<br>At1Augusl2020|67,249|35,155167,329<br>45,890|315,623|
|Additions<br>At 31 July2021|2,414<br>69,263|9,081<br>44.236 167.32945,890|11.095<br>326.718|
|Depreciation<br>At1August2020<br>Charge for the year<br>At 31 July2021|36,377<br>6,182<br>42,559|31,906 68,725 45,890<br>5,806<br>6,158<br>-<br>37.71274.883<br>45,890|182,898<br>18.146<br>201,O44|
|Netbook value||||
|At31July2021|26.704|6,524<br>92,446|12s.674|
|At July 31 2024|34,872|3,249<br>98,604|132,725|





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|Debtors|||
|---|---|---|
||Total|Total|
||2021t|2020f|
|lncome tax recoverable|19,618|5,038|
|Other debtors|2,732|5,804|
|||_-__lo,alz*|
||-*U350-||



|-*U350-<br>_|__,|
|---|---|
|Total|Total|
|202',1<br>f|2020<br>f|
|_____q4q0|1,998|



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|<br>grantmaker.Therearet|<br>wo restrictedfunds:||
|---|---|---|
|Propertyimprovements|Tofundpropertyimprovements andisfully represented|within|
||tangible fixedassets||
|Bursary froman|Tofund various specified expenditure for capital items(which,||
|individual donor|where applicable, are includedintangible fixed assets)and to||
||support othercosts||
||Balanceat<br>Balance at<br>'lAugust<br>31JulY<br>2020IncomeExpenditureTransfers<br>2021<br>eee€s||
|Unrestricted funds<br>Unrestricted funds<br>Designated funds|208,420_226,687_171,e2e-(?%%? '.3:ll3<br>208,420<br>226.687 171.929<br>-<br>263,178||
|Restrictedfunds|||
|Property improvements|47,809<br>2,804|45,004|
|Bursary|3,693<br>7,500<br>1,792|9,401|
|External redecoration|17,585<br>17,585||
|lTprovision|51.50227.485<br>24,181<br>2,000<br>2,000|54,406|
|Totalfunds|259,922<br>253.772<br>{96,110|317,584|





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