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|CONTENTS|Page|
|---|---|
|Generalinformation|3|
|Trustees'report|4-11|
|Independentexaminer's report|12|
|Statementoffinancialactivities|13|
|Balancesheet|14|
|Notes tothe financial statements|15-21|
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|
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|
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|
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|
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||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_|
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|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)|
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|Incomefromcharitableactivities|||
|---|---|---|
||Total|Total|
||2022
€|2021f|
|Feesforcourses|140,686|117,821|
|Membershipfees
Hirings|10,890
37,638|14,509
11,125|
||___jge4l____143,435_||
|Membership fees include relatedGift Aid.|||
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|Other income|||
|---|---|---|
||Total|Total|
||2ozzt|2021f|
|Otherincome|11,645|3,386|
|COVID-19grants||1,365|
||____l1-tt_|_____u31_|
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|lnvestmentincome|||
|---|---|---|
|Bankinterest|Total
2021
€e
131|Total
2021
15|
|Otherinterest|37||
||168|15|
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|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|
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|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.|||
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||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|
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|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|
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