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|Trustees||Mr TSCramant||
|---|---|---|---|
|||Mr M N Fletcher||
|||Mr D M Taylor||
|||Mrs J EWilcox||
|||Mr M Foster||
|Charity number||515073||
|Company|number|01644174||
|Registered|office|Stafford Road||
|||Monton||
|||Eccles||
|||Manchester||
|Auditor||Barlow Andrews|LLP|
|||Carlyle House||
|||78 Chorley
New|Road|
|||Bolton||
|Bankers||The Royal Bank|ofScotland Plc|
|||Walkden
Branch||
|||Walkden||
|||Worsley||
|||Manchester||
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|||Page|
|---|---|---|
|Trustees'
report||1-3|
|Statement ofTrustees'|responsibilities||
|Independent
auditor's|report|5-8|
|Statement
offinancial|activities||
|Balance sheet||10|
|Statement
ofcash flows|||
|Notes to the financial|statements|12-20|
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|||||Notes|2022f|2021f|
|---|---|---|---|---|---|---|
|Income and endowments||from:|||||
|Income from charitable|activities||||1,250,382|1,135,933|
|Investments|||||400|73|
|Other income|||||980|39,307|
|Total income|||||1,251,762|1,175,313|
|Ex enditure on:|||||||
|Expenditure
on charitable||activities|||1,190,769|1,090,856|
|Net income and net movement|||in funds before gains and losses on||||
|investments|||||60,993|84,457|
|Net (losses)/gains
on|investments||||(161,495)|253,664|
|Net movement
in funds|||||(100,502)|338,121|
|Fund balances at 1 September 2021|||||2,364,736|2,026,615|
|Fund balances at 31|August 2022||||2,264,234|2,364,736|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f||
|Fixed assets|||||||||
|Tangible assets||||10||542,112||571,904|
|Investments||||11||1,048,541||1,210,036|
|||||||1,590,653||1,781,940|
|Current assets|||||||||
|Debtors|||||40,600||452,995||
|Cash at bank|and|in|hand||810,514||821,182||
||||||851,114||1,274,177||
|Creditors: amounts|||falling due within||||||
|one year||||14|(177,533)||(691,381)||
|Net current assets||||||673,581||582,796|
|Total assets less||current liabilities||||2,264,234||2,364,736|
|Income funds|||||||||
|Unrestricted
funds|||||||||
|Designated
funds:|||||||||
|Tangible fixed|assets||||542,112||571,904||
|Development|funds||||400,000||400,000||
|||||16|942,112||971,904||
|General
unrestricted|||funds||1,322,115||1,392,825||
|Share capital|||||7||7||
|||||||2,264,234||2,364,736|
|||||||2,264,234||2,364,736|
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating||activities||||||
|Cash generated
from operations|||20||10,439||256,552|
|Investing|activities|||||||
|Purchase|oftangible
fixed assets|||(21,507)||(906)||
|Investment|income received|||400||73||
|Net cash|used in investing|activities|||(21,107)||(833)|
|Net cash|used in financing|activities||||||
|Net (decrease)/increase
in||cash and|cash|||||
|equivalents|||||(10,668)||255,719|
|Cash and|cash equivalents|at beginning|of year||821,182||565,463|
|Cash and|cash equivalents|at end of|year||810,514||821,182|
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|||2022|2021|
|---|---|---|---|
||||'Z|
|Interest|receivable|400|73|
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|||2022|2021|
|---|---|---|---|
|Insurance|claim receivable|980|250|
|Grant receivable|||39,057|
|||980|39,307|
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|||2022|2021|
|---|---|---|---|
|Staff costs||816,778|778,222|
|Depreciation
and impairment||51,299|49,589|
|Recruitment
costs||1,600||
|Establishment
costs||38,627|38,086|
|Postage and stationery||8,361|9,487|
|Repairs and maintenance||59,655|55,273|
|Once expenses||4,074|1,214|
|Services and supplies||130,971|120,808|
|Transport
and security||26,744|2,208|
|Advertising
and promotion||6,736|5,679|
|Bad debts||9,988|10,135|
|Bank charges||1,048|998|
|Accountancy fees||7,388|10,100|
|Cost oftrustee meetings||828|244|
|Legal and professional|fees|20,732|2,993|
|Auditors'
remuneration||5,940|5,820|
|Unrestricted
funds||1,190,769|1,090,856|
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|The average
|monthly
number
ofemployees
during th|e year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Teaching staff||24|22|
|Administration|staff|5|4|
|Domestic staff||3|6|
||||32|
|Employment|costs|2022f|2021|
|Wages and salaries||722,181|686,597|
|Social security|costs|61,964|59,474|
|Other pension|costs|32,633|32,151|
|||816,778|778,222|
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|Net (losses)|/gains
on investments|||
|---|---|---|---|
|||2022|2021|
|||E|f|
|Revaluation|ofinvestments|(161,495)|253,664|
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|10|Tangible fixed assets|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||Land and|Property|Fixtures,|Computers|Total|
|||||buildings|improvements|fittings
&|equipment||
|||||||equipmentf|||
||Cost||||||||
||At 1 September 2021|||701,960|294,877|163,567|132,925|1,293,329|
||Additions|||||5,034|16,473|21,507|
||At 31August|2022||701,960|294,877|168,601|149,398|1,314,836|
||Depreciation|and impairment|||||||
||At 1 September 2021|||350,769|110,205|128,268|132,183|721,425|
||Depreciation|charged|in the year|14,037|29,486|5,121|2,655|51,299|
||At 31August|2022||364,806|139,691|133,389|134,838|772,724|
||Carrying
amount||||||||
||At 31August|2022||337,154|155,186|35,212|14,560|542,112|
||At 31August|2021||351,191|184,672|35,299|742|571,904|
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||||||||||Listed|
|---|---|---|---|---|---|---|---|---|---|
||||||||||investmentsf|
||Cost orvaluation|||||||||
||At 31August|2021|||||||1,210,036|
||Revaluations||||||||(161,495)|
||At 31August|2022|||||||1,048,541|
||Carrying
amount|||||||||
||At 31August|2022|||||||1,048,541|
||At 31August|2021|||||||1,210,036|
|12|Financial
instruments|||||||2022|2021|
|||||||||E||
||Carrying
amount||offinancial|||assets||||
||Debt instruments||measured||at amortised||cost|823,590|1,254,881|
||Equity instruments||measured|||at cost less|impairment|1,048,541|1,210,036|
||Carrying
amount||offinancial|||liabilities||||
||Measured
at|amortised||cost||||177,533|675,858|
|13|Debtors|||||||||
|||||||||2022|2021|
||Amounts
falling||due|within||one year:|||E|
||Trade debtors|||||||4,732|394,400|
||Other debtors|||||||8,344|39,299|
||Prepayments|and|accrued income|||||27,524|19,296|
|||||||||40,600|452,995|
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|14|Creditors: amounts|Creditors: amounts|falling due within one year|||
|---|---|---|---|---|---|
|||||2022f|2021|
||Other taxation|and social security|||15,523|
||Trade creditors|||16,488|20,002|
||Other creditors|||1,420|9,301|
||Accruals and deferred||income|159,625|646,555|
|||||177,533|691,381|
|Share capital|2022|2021|
|---|---|---|
|Ordinary share capital|||
|Issued and fully paid|||
|7 Ordinary
shares ofE1 each|||
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|Analysis ofnet assets between funds||||
|---|---|---|---|
|||Unrestricted|funds|
|Fund balances at 31August 2022 are represented|by:|||
|Tangible assets|||542,112|
|Investments||1,048,541||
|Net current assets|||673,581|
|||2,264,234||
|Prior year||Unrestricted|funds|
|Fund balances at 31August 2021 are represented|by:|||
|Tangible assets|||571,904|
|Investments||1,210,036||
|Net current assets|||582,796|
|||2,364,736||
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|||2022|2021|
|---|---|---|---|
|Aggregate|compensation|117,764|126,638|
||Other than the above note there are no related|Other than the above note there are no related|party transactions|party transactions|to report for this or the previous|year.|
|---|---|---|---|---|---|---|
|20|Cash generated
from operations||||2022|2021|
||(Deficit)/surpus
for the year||||(100,502)|338,121|
||Adjustments
for:||||||
||Investment
income recognised
in statement|of|financial|activities|(400)|(73)|
||Fair value gains and losses on investments||||161,495|(253,664)|
||Depreciation
and impairment
oftangible fixed assets||||51,299|49,589|
||Movements
in working
capital:||||||
||Decrease/(increase)
in debtors||||412,395|(391,427)|
||(Decrease)fincrease
in creditors||||(513,848)|514,006|
||Cash generated
from operations||||10,439|256,552|
|21|Analysis ofchanges
in net funds||||||
||The charitable
company
had no debt during|the year.|||||