| CONTENTS | Page |
|---|---|
| Generalinformation | 3 |
| Trustees'report | 4-11 |
| Independentexaminer's report | 12 |
| Statementoffinancialactivities | 13 |
| Balancesheet | 14 |
| Notes tothe financial statements | 15-21 |
2021:123)coursesde |
liveredwerebrokendow |
nbetween: |
|
|---|---|---|---|
| Inperson | Online | Total | |
| Arts andcrafts | BB | 14 | 102 |
| Special interest | 3B | 4 | 42 |
| Creative writing | 26 | o | 32 |
| Languages | 46 | 1 | 47 |
| Total | 198 | 25 | 223 |
| revious yearthatisenco | , uraging.Enrolments |
werebroken |
|---|---|---|
| 2022 | 2021 | |
| Artsand crafts | 677 | 296 |
| Special interest | 648 | 620 |
| Creative writing | 241 | 167 |
| Languages | 265 | 143 |
| Total | 1,831 | 1,226 |
| nadditionto courses,the ollows: |
rewere 47 (2021:26) | workshops a |
|---|---|---|
| 2022 | 2021 | |
| Artsand crafts | 27 | 7 |
| Specialinterest | 14 | 14 |
| Creative writing | 2 | 2 |
| Languages | 4 | 3 |
| Total | 47 | 26 |
ncreaseovertheprevious |
year.Enrolmentsw |
erebrokend |
|---|---|---|
| 2022 | 2021 | |
| Arts andcrafts | 226 | 46 |
| Special interest | 101 | 176 |
| Creative writing | 11 | 16 |
| Languages | 56 | 106 |
| Total | 394 | 344 |
ourswere broken down |
between: |
|
|---|---|---|
| 2022 | 2021 | |
| Artsand crafts | 1,769.0 | 779.0 |
| Special interest | 452.5 | 368.5 |
| Creative writing | 332.0 | 227.0 |
| Languages | 642.5 | 359.0 |
| Total | 3,196.0 | 733.5 |
| Notes | 2022t | 2021f | |
|---|---|---|---|
| FixedAssets | |||
| Tangible Assets | 113,535 | 125,674 | |
| CurrentAssets | |||
| Debtors | 10 | 1,596 | 22,350 |
| CashatBankandin hand | 163,497 | 177,990 | |
| 165,083 | 200,340 | ||
| Creditors:amountsfallingduewithinoneyear | 11 | (2,565) | (8,430) |
| NetCurrentAssets | 162,518 | 191,910 | |
| TotalNetAssets | ___?zgpg9_ | ___311,594 | |
| Representedby: | |||
| Unrestrictedfunds | 12 | 209,553 | 258,179 |
| Designated | 12 | 10,000 | 5,000 |
| Restrictedfunds | 12 | 56,500 | 54,405 |
| 276,053 | __31r,5gl_ |
| from taxation onits income an purposes. Donations and legacies |
d gains wherethey |
are appliedfo |
rits charitable |
|
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| 2022t | 2022 € |
2022 € |
2021 € |
|
| Donations andlegacies | 4,112 | 6,250 | 10,362 | 10,515 |
| Save OurSettlement Appeal | 28,036 | |||
| Grants | 2.667 | 9.484 | 12.151 | 67,000 |
| 6.779 | 15.734 | 22.513 | 105,551 |
| Grantswere madebythe follo | wing: | |||
|---|---|---|---|---|
| Grantmaker | Unrestricted € |
Restrictedf | Total € |
Purpose |
| General | ||||
| North HerffordshireDistrict Council |
2,667 | 2.667 | granttohelP recoverypost |
|
| COVID | ||||
| SMART | ||||
| Board | ||||
| (16,e84) | ||||
| North HertfordshireDistrict Council |
9,484 | g.484 ' |
Contribution IOWaTOS |
|
| marketing | ||||
| campaign | ||||
| ([2,500) |
| Incomefromcharitableactivities | ||
|---|---|---|
| Total | Total | |
| 2022 € |
2021f | |
| Feesforcourses | 140,686 | 117,821 |
| Membershipfees Hirings |
10,890 37,638 |
14,509 11,125 |
| jge4l143,435 | ||
| Membership fees include relatedGift Aid. |
| Other income | ||
|---|---|---|
| Total | Total | |
| 2ozzt | 2021f | |
| Otherincome | 11,645 | 3,386 |
| COVID-19grants | 1,365 | |
| ____l1-tt_ | _____u31_ |
| lnvestmentincome | ||
|---|---|---|
| Bankinterest | Total 2021 €e 131 |
Total 2021 15 |
| Otherinterest | 37 | |
| 168 | 15 |
| Analysisof expenditure | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| 2022 € |
2022 g |
2022 € |
2021f | |
| Provisionof courseand | ||||
| otheractivities | ||||
| Tutorfees | 92,276 | 92,276 | 49,616 | |
| Costs of raisingotherincome | 3,095 | 3,095 | 372 | |
| Premisescosts | 56,205 | 89; | 57,100 | 65,486 |
| Depreciation | 14,420 | 3,261 | 17,681 | 18,146 |
| Supportcosts | 90,201 | 2,500 | 92,701 | 61,571 |
| Governancecosts | 776 | 776 | 919 | |
| 256,973 | 6,656 | 263.629 | 196,110 | |
| Supportcosts | ||||
| Staff costs | 69,229 | 69,229 | 41,751 | |
| General officecosts | 20,972 90,201 |
2,500 2.500 |
23,472 92.701 |
19.820 61,571 |
| Governancecosts | ||||
| Accountant'sfees | ||||
| Independentexaminer'sfee | ||||
| Trustees liabilityinsurance | 41; | 41; | 362 | |
| Other | 359 | 359 | 557 | |
| 776 | 776 | 919 |
| TOTHEACCOUNTSFORTHE YEARENDED 31JULY202 Staffcosts |
2(continued) | |
|---|---|---|
| Total | Total | |
| 2022 | 2021 | |
| € | f | |
| Remunerationpaidtoemployees | 67,307 | 41,002 |
| Socialsecuritycosts | 692 | |
| Pension costs | 1,230 | 749 |
| 69,229 | 41,751 | |
| The averagenumber ofemployees, calculatedon a fulltime equivalentbasis,was |
2.3 | 1.6 |
| There werenoemployeebenefits. |
| Fixtures Office &fittingsequipment |
Fixtures Office &fittingsequipment |
Building improve- ments |
Property improve- ments |
Total | |
|---|---|---|---|---|---|
| € | € | € | € | € | |
| Gost | |||||
| At1August2021 | 69,263 | 44,236 | 167,329 | 45,890 | 326,718 |
| Additions | 6,984 | 6,984 | |||
| Disposals | (10,075) | (17,088) | (27,163| | ||
| At31July2022 | 59,188 | 34.132 | 167 329 | 45,890 | 306.539 |
| Depreciation | |||||
| At1August2022 | 42,559 | 37,712 | 74,883 | 45,890 | 201,044 |
| Disposals | (8,633) | (17,088) | (25,721) | ||
| Chargefor the year | 5,705 | 5.818 | 6.15; | 17.681 | |
| Ar31July2022 | 39,631 | 26,442 | 81,041 | 45,890 | 193,004 |
| Netbook value At31July2022 |
19,557 | 7,690 | 86,288 |
113,535 | |
| At July312021 | 26,704 | 6,524 | 92,446 | 125,674 |
| Debtors | |||
|---|---|---|---|
| Total | Total | ||
| 2022 | 2021 | ||
| € | € | ||
| Incometaxrecoverable | 779 | 19,618 | |
| Otherdebtors | 807 | 2,732 | |
| 1,586 | 22350 | ||
| Creditors:amountsfallingduewithinoneyear | - | ||
| Total | Total | ||
| 2022 € |
2021t | ||
| Accrualsanddeferredincome | 2,565 | 8,430 |
| Expenditure | Expenditure | ||||
|---|---|---|---|---|---|
| Balanceat | (incl. | Balanceat | |||
| 1August 2021 €t |
lncome | disposal loss)Transfers €f |
31July 2022 € |
||
| Unrestrictedfunds | |||||
| Unrestricted funds | 258,178 | 207,806 | 258,415 | 1,984 | 209,553 |
| Designated funds | 5.000 | 5,000 | 10,000 | ||
| 263.178 | 207,806 | 258,415 | 6,984 | 219,553 | |
| Restrictedfunds | |||||
| Propertyimprovements | 45,005 | 2,805 | 42,200 | ||
| Bursary SMARTBoard |
9,401_ | 6,25; 6,984 |
1,351- | (6,e84) | 14,300 |
| Marketingcampaign | 54,406 | 2,500 15,734 |
2,500 6,656(6,984) |
56,500 | |
| Totalfunds | 317,584 | 223.540 | 265,071 | 276,053 |