||||Page|
|---|---|---|---|
|Report ofthe Trustees|||1 to 6|
|Rcport ofthc Independent
Auditors|||7 to 9|
|Consolidated
Statement ofFinancial Activities|||10|
|Charity Statement ofFinancial||Activities||
|Consolidated
Balance|Sheet||l2to 13|
|Charity Balance Sheet|||14to 15|
|Cash Flow Statement|||l6|
|Notes to the Cash Flow Statement|||17|
|Notes lo Ihc Financial|Statements||18 to 34|
|Detailed
Statenaent of|Financial|Activities|35 to 36|
##
##
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##
##
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##
##
##
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##
##
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##
|||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|funds|Total|funds|
|||||fund|fund|fund|||||
||||Notes|K|||||||
|INCOME AND|||||||||||
|ENDO%%IENTS|FROM||||||||||
|Donations
and legacies||||293,909|52,314|||346,223||653,109|
|Trading Subsidiary||||147,474||||147,474|261,237||
|Investment
income||||26,644||||26,644||22,644|
|Other income||||60||||60|||
|Total||||468,087|52,314|||520,401|936,991||
|EXPENDITURE|ON||||||||||
|Raising funds||||40,171|26,477|||66,648||49,807|
|Charitable
activities|||||||||||
|Grants to the Governors||||329,894||||329,894|416,745||
|Guild Hall Project|||||43,335|||43,335||47,402|
|School development||||134,385||||134,385||144,797|
|Trading activities|||||||||||
|Trading subsidiaries||expenses||167,571||||167,571|320,051||
|Total||||672,021|69,812|||741,833|978,802||
|Net gains/(losses)|on||||||||||
|invcstmcnts||||198582||||]98,582||36,946|
|NET|||||||||||
|INCOME/(EXPENDITURE)||||(5,352)|(17,498)|||(22,850)||(4,865)|
|RECONCILIATION||OF|||||||||
|FUNDS|||||||||||
|Total funds brought||forward||3,878,337|1,360,651|4,674,270|9,913,258||9,918,123||
|TOTAL FUNDS CARRIFD|||||||||||
|FOR'WARD||||3,872985|1343 153|4 674 270|9|890408|9,913,258||
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||fund|fund|fund|funds|funds|
||||Notes||||||
|INCOME AND|||||||||
|ENDOWMENTS|FROM||||||||
|Donations
and legacies|||2A|293,909|98,4OO||392,309|653,109|
|Investment
income|||4|26,644|||26,644|22,644|
|Other income||||60|||60||
|Total||||320,613|98,400||419,013|675,753|
|EXPENDITURE|ON||||||||
|R411slllg funds|||5|368,410|26,477||394,887|49,807|
|Charitable
activities|||||||||
|Grants to thc Governors||||329,894|||329,894|416,745|
|G1uild Hall Project|||||43,335||43,335|47,402|
|School developmenl.||||134,385|||134,385|144,796|
|Other|||||46 086||46,086||
|Total||||832,689|115,898||948,587|658,750|
|Net gains on investments||||198,582|||198582|36,946|
|NET|||||||||
|INCOME/(EXPENDITURE)||||(313,494)|(17,498)||(330,992)|53,949|
|RECONCILIATION||OF|||||||
|FUNDS|||||||||
|Total funds brought||forward||4,245,819|1,360,651|4,674,270|10,280,740|10,226,791|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||3932325|1343153|4 674270|9 949748|10280 740|
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total
funds|
||||t'und|fund|fund|funds||
|||Notes||||||
|FIXEDASSETS||||||||
|Inlangiblc
assets||14A|12,022|||12,022|13,730|
|Tangible assets||15A|4,258,345|1,301,360|3,829,270|9,388,975|9,537,430|
|Investments||||||||
|Residential
property||17|||845 000|845 000|845,000|
||||4,270,367|1,30I,360|4,674,270|10,245,997|I0,396,I60|
|CURRENT ASSETS||||||||
|Stocks|||14,945|||14,945|14,690|
|Debtors||18A|25,935|||25,935|34,306|
|Invcsimenh||19|940,136|||940,136|425,206|
|Cash at bank|||60,331|41793||102123|261,015|
||||1,041,347|41,793||1,083,139|735,2I7|
|CREDITORS||||||||
|Amounts
falling due within|one|||||||
|year||20A|(2551244)|||(255,244)|( I45,274)|
|NET CURRENT ASSETS|||786,103|41,793||827,896|589,943|
|TOTAI, ASSETSLESS||||||||
|CURRENT LIABILITIES|||5,056,470|1,343,153|4,6745270|11,073,893|10,986,103|
|CREDITORS||||||||
|Amounts
falling due after more||||||||
|than one year||2I|(1,183,485)|||(1,183,485)|(I,072,845)|
|NET ASSETS|||3,872,985|1343,153|4,674,270|9 890408|9,913,258|
|FUNDS||23||||||
|Unrestricted
funds||||||3,872,985|3,878,337|
|Restr icted funds||||||1,343,153|1,360,651|
|Endowment
funds||||||4,674 270|4,674,270|
|TOTAL FUNDS||||||9 890408|9,913,258|
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||fund|fund|fund|funds|funds|
||||Notes||||||
|FIXEDASSETS|||||||||
|Tangible assets|||I5B|4,258,073|1,301,360|3,829,270|9,388,703|9,536,285|
|Investments|||||||||
|Investments|||16||||4|4|
|Investment
property|||17|||845,000|845 000|845,000|
|||||4,258,077|1,301,360|4,674,270|10,233,707|10,381,289|
|CURRENT ASSETS|||||||||
|Debl.ors|||18B|58,640|||58)640|434,538|
|Investments|||19|940,136|||940,136|425,206|
|Cash at bank||||51465|41793||93,258|248,228|
|||||1,050,241|41,793||1,092,034|1,107,972|
|CREDITORS|||||||||
|Amounts
falling|due within|one|||||||
|year|||208|(192,508)|||(192,508)|(135,676)|
|NE'I' CURRENT ASSETS||||857,733|41,793||1199526|972,296|
|TOTAL ASSETSLESS|||||||||
|CURRENT LIABILITIES||||5)115&810|1&343&153|4&674&270|11)133)233|l I 353 585|
|CREDITORS|||||||||
|Amounts
falling duc after more|||||||||
|than one year|||21|(1,183,485)|||(1,183,485)|(1,072,845)|
|NET ASSETS||||3,932,325|1,343,153|4,6'74,270|9,949748|10,280,740|
|II'UNDS|||||||||
|Unrestricted
funds|||||||3,932,325|4,245,819|
|Restricted
funds|||||||1,343,153|1,360,651|
|Endowment
funds|||||||4674 270|4,674,270|
|TOTAL FUNDS|||||||9,949,748|10,280,740|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating|activities:||||||
|Cash gcncratcd from operations|||||14,164|240,734|
|hiterest paid|||||(21,199)|(30,4 I7)|
|Nct cash provided
by (used in) operating|||||||
|activities|||||~7035)|210,317|
|Cash flows from investing|activities:||||||
|Purchase of tangible
fixed assets||||||(2,953)|
|Purchase ofintangible
fixed|assets|||||(1,908)|
|Sale ofcuncni asset in vestments|||||59,084|60,848|
|Purchase ofcurrent asset investmcnts|||||(375,433)|(209,354)|
|Dividends
received|||||25,438|16,876|
|Interest received|||||6|8|
|Nct cash provided
by (used|in) investing||||||
|activities|||||(290 905)|i)36,453)|
|Cash flows from financing|activities:||||||
|New lnans in year|||||200,000||
|Loan repayments
in year|||||~60,952)|(114,876)|
|Net cash provided
by (used|in) financing||||||
|activities|||||139,048|(114,876)|
|Change iu cash and cash equivalents||in the|||||
|reporting
period|||||(158,892)|(41,042)|
|Cash and cash equivalents|at the beginning||of||||
|the reporting
period|||||261 1)15|302,057|
|Cash and cash equivalents|at the enil|of the|||||
|reporting
period|||||102,123|261,015|
##
|RECONCILIATION|RECONCILIATION|RECONCILIATION||OFNET INCOME TO NET CASH|OFNET INCOME TO NET CASH|OFNET INCOME TO NET CASH|FLOW FROM|OPERATING ACI'IVITIES|OPERATING ACI'IVITIES|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|Net income|for the|reporting|||period (as per the statement||of1'inancial|||
|activities)||||||||(22,850)|(4,865)|
|Adlustmenis|for:|||||||||
|Depreciation|and amortisation||||charges|||150,163|159,302|
|(Gain)/losses|on investmenLs|||||||(198,582)|(36,946)|
|Interest paid||||||||21,199|30,417|
|Interest recei|ved|||||||(6)|(8)|
|Dividends
received||||||||(25,438)|(16,876)|
|(increase)/decrease||in|stock|||||(255)|1,420|
|(Increase)/decrease||in|debtors|||||8,370|123,741|
|Increase/(decrease)||in creditors||||||81563|(15,448)|
|Net cash provided||by|(used in) operating|||activities||14,164|240,734|
|ANALYSIS|OF CASH|||AND|CASH EQUIVALENTS|||||
||||||||At 1.4.20|Cash flow|At 31.3,21|
|Net cash||||||||||
|Cash at bank|||||||261,015|(158,892)|102,123|
||||||||261,015|(158,892)|102,123|
|Liquid resources||||||||||
|Current
asset|investments||||||425,206|514,930|940,136|
||||||||425,206|514,930|940 136|
|Debt||||||||||
|Debts falling|due within|||l year|||(1239739)|(28,408)|(152,147)|
|Debts falling|due after||I|year|||(1,072,845)|(110,640)|(1,183,485)|
||||||||(1,196,584)|(139048)|(1,335,632)|
|Total|||||||(510363)|216990|(293373)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Completed|in the year ended 31stMarch|
|---|---|---|
|I'itzmaurice
Building||1987|
|New Arts Block||1995|
|Levi I'nx Hall||1998|
|Denis Dyson Science Building||2008|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
|Donai.ions|||161|534|
|Grants|||346,062|652,575|
||||346 223|653,109|
|Grants|received, included|in the above, are as follows:|||
||||2021|2020|
|Guild Estate|||275,735|634,974|
|William|Tyler Charity||18,013|17,60 l|
|National|Heritage Lottery||52,314||
||||346062|652,575|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||Donations|||161|534|
||Grants|||392,148|652,575|
|||||392309|653,109|
||Grants received, included||in the above, are as follows;|||
|||||2021|2020|
||Guild Estate|||275,735|634,974|
||William Tyler Charily|||18,013|17,601|
||National
Heritage Lottery|||98 400||
|||||392 148|052,575|
|3.|TRADING SUBSIDIARIES INCOME|||||
|||||2021|2020|
||Sales|||147,474|261,237|
|||||1~47 474|261,237|
|4.|INVESTMENT INCOME|||||
|||||2021|2020|
||Rents receivable|||1,200|5,760|
||Income from listed|investments||25,438|16,876|
||Deposit account interest|||6|8|
|||||~26 644|22,644|
|5.|RAISING I'UNDS|||||
||Raising donations|and legacies||||
|||||2021|2020|
|||||f.||
||1VIaintcnance ofschool property|||66,477|49,678|
||Costs ofobtaining|grants||170|129|
|||||66,647|49,807|
||Bad debts|||328 240||
||Aggregate
antounts|||394,887|49,807|
##
##
||||Grant|||
|---|---|---|---|---|---|
||||funding of|||
|||Direct costs|activities|Support costs|Totals|
|||(Scenote 8)|(Seenote 9)|(Seenote 10)||
||Guild Hall Project
School development
Grants to the Governors
43,335
134,196||293469|189
36425|43,335
134,385
329594|
|||177,531|293469|36 614|507,614|
|7.|TRADING ACTIVITY COSTS|||||
|||||2021|2020|
||Cost ofsales|||1113|40,795|
||Administrative
costs|||~166458|279,256|
|||||167,571|320,051|
|8.|DIRECT COSTS OF CHARITABI.EACTfs9'ITIES|||||
|||||2021|2020|
||Advertising|||280||
||School development
costs
Depreciation
Interest payable and similar charges|||8„471
147,581
21199|7,877
153,905
30,417|
|||||177,531|192,199|
|9.|GIANTS PAYABLE|||||
|||||2021|2020|
||Grants to the Governors|||293,469|374,123|
|10,|SUPPORT COSTS|||||
|||||Governance||
||||Management|costs|Totals|
||Grants to the Govern. ors
School development||16,836|19,589
189|36,425
189|
||||16,836|19,778|7
36 614|
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||Grants to the|Total|
|||||||Governors|activities|
|Insurance||||||760|760|
|Legal k|professional|fees||||16,076|20,248|
|Repairs to property|||||||110|
|||||||16,836|21,118|
|Governance
costs||||||||
|||||||2021|2020|
||||Grants|l.o||||
||||the||School|Total|Total|
||||Governors||development|activities|activities|
|Auditors'|remuneration||5,160|||5,160|4,900|
|Executive|officer||7,800|||7,800|7,800|
|Trustees
Trustees|meetings
expenses||6,629||189|6,629
189|8,804|
||||19,589||189|19,778|~21 504|
##
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Wages and salaries||||||97,190|147,525|
|Social security|costs|||||1,063|5,218|
|Other pension|costs|||||~1203|1,893|
|||||||~99 456|154,636|
|The average monthly||number ofemployees||during|the year was as follows:|||
|||||||2021|2020|
|KES Trustees|I.td||||||25|
||||||||25|
|No employees|received emoluments||in cxccss of660,000.|||||
##
##
||||Unrestricted|Restricted|Endowment|Total|funds|
|---|---|---|---|---|---|---|---|
||||fund|fund|fund|||
|INCOMF. AND||||||||
|ENDO WMNENTS||IIROM||||||
|Donations
and legacies|||653,004|105|||653,109|
|Trading subsidiary|||261,237||||261,237|
|Investment
income|||22,644||||22,644|
|Total|||936,886|105|||936,991|
|EXPENDITURE|ON|||||||
|Raising
funds|||49,807||||49,807|
|Charitable
activities||||||||
|Grants to the Governors|||416,745|||4l 6,745||
|Guild Hall Project||||47,402|||47,402|
|School dcvclopment|||144,797||||144,797|
|Trading activities||||||||
|Trading subsidiary|expenses||320,051|||320,051||
|Total|||931,400|47,402||978,802||
|Net gains/(losses)|on|investments|(83,054)||120,000||36,946|
|NE'1' INCOME|||(77,568)|(47,297)|]20,000||(4,865)|
|RECONCILIATION||OF||||||
|FUNDS||||||||
|Total funds brought||forward|3,955,905|1,407,948|4,554,270|9,918,123||
|TOTAL FUNDS CARRIED FORWARD|||3,878 337|1,.160 651|4 674 270|9913258||
##
##
|14A.|INTANGIBLE FIXEDASSETS CONSOLIDATFD||
|---|---|---|
|||Patent and|
|||branding|
|||costs|
||COST||
||At
l April 2020
And 31 March 2021|124557|
||AMORTISATION||
||At
1 April 2020
Charge for year|110,827
1,708|
||At 31March 2021|112535|
||NET BOOK VALUE||
||At 31March 2021|12,022|
||At 31March 2020|13,730|
|14B.|INTANGIBI.E133EDASSETS CHARITY||
|||Branding|
|||costs|
||COST
At i April 2020 and 31 March 2021|107483|
||AMORTISATION||
||At
1 April 2020 and 3 I March 2021|107483|
||NET BOOK VALI.lE||
||At 3 I March 2021||
||At 31 March 2020||
##
##
|15A.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|---|---|
||CONSOLmATED||||||||
|||I,and 8c|Plant|8z|Fixtures &|Website|Office||
|||buildings|machinery||fittings|development|eqillpmellt|Totais|
||COST||||||||
||Al I April 2020||||||||
||and 31 Match 2021|11482 626|8428||202 866|14022|8453|11 716395|
||DEPRECIATION||||||||
||At I April 2020
Charge fnr year|2,064,463
127533|8,054
374||84,287
20 280|14,022|8,139
270|2,178,965
1.48,457|
||At 3 I March 202I|2 191996|~8428||104,567|14022|8409|2,327,420|
||NET BOOK VALUE||||||||
||At 31March 2021|~~|||||44|~sa9~5|
||At 31 March 2020|94l8 163|374||~11857||314|~97430|
|5B.|TANGIBLE FIXEDASSETS CHARITY||||||||
|||||||Fixtures|||
||||||Land 8r|and|Office||
||||||buildings|fittings|equipment|Totals|
||COST||||||||
||At I April 2020||||||||
||and 31March 2021||||11482 626|200 488|7379|11690493|
||DEPRECIATION||||||||
||At I April 2020
Charge for year||||2,064,463
127,532|82,366
20,050|7,379|2,154,208
147,582|
||At 31March 202l||||2191,995|102,416|7379|2,301,790|
||NET BOOK VALUE||||||||
||At 31 March 202l||||9,290,631|98,072||9,388,703|
||At 31March 2020||||9,4 I8,163|118,122||9,536,285|
##
##
##
||||||
|---|---|---|---|---|
|KESTrustccs|Limited (Company|Nlumber: 08667322)|||
||||2021|2020|
|Turnover|||1,270|195,451|
|Cost ofsales|||~1113|t440779955|
|Gross Profit|||157|154,656|
|Administrative|expenses||(163,416)|(224,857)|
|Other operating|income||146,204|800|
|Net. profiu'(loss)|||(17,055)|(69,40])|
|The aggregate|ofthe assets, liabilities|and funds was:|||
|Assets|||28,684|32,491|
|Liabilities|||~490 675|t4477
442777|
|Net assets|||(461,991)|(444,936)|
|Share capital|||3|3|
|Retained
earnings|||~461 994|~444 939|
||||(461,991)|(444,936)|
##
##
||||||||||
|---|---|---|---|---|---|---|---|---|
||KES (Shakespeare's|School) Intern|ational|Limited (Company|Number:|10861284)|||
||||||||2021|2020|
||Turnover|||||||64,986|
||Administrative
expenses|||||(3,042)||(54,399)|
||Net profi t/(loss)|||||(3,042)||10,587|
||The aggregate
nf the assets, liabilities||and funds was:||||||
||Assets|||||12,022||13,730|
||Liabilities|||||~37 606||~36272|
||Net assets|||||(25,584)||(22,542)|
||Share capital||||||I|I|
||Retained
earnings|||||~25|585|~22 543|
|||||||(25,584)||(22,542)|
|17.|RESIDENTIAL PROPERTY||||||||
||FAIR VALUE||||||||
||At I April 2020||||||||
||and 31March 2021|||||||845 000|
||NET BOOK VALUE||||||||
||At 3 I March 2021|||||||845,000|
||At 31 March 2020|||||||845,000|
##
||2021|2020|
|---|---|---|
|Other debtors|17,712|26,564|
|Trade debtors||1,515|
|Prcpayments|5,663|6,227|
|VAT|2,560||
||25,935|34,306|
##
##
|DEBTO|RS:AMOUNTS|FALLING DUF..WITHIN ONE YEAR CHARITY|||
|---|---|---|---|---|
||||2021|2020|
|Amounts|falling due within|one year:|||
|Other debtors|||17,712|26,564|
|Prepaymcnts|||3,622|3,872|
||||21334|30,436|
|Amounts|falling due after more than one year:||||
|Amounts|owed by group undertakings||37,306|404,102|
|Aggregate|amounts||58,640|434,538|
|CURRE4NT ASSETINVESTMENTS CONSOLIDATED k CHARITY|||||
||||2021|2020|
|Listed investments|||940,136|425,206|
||||2021|2020|
|---|---|---|---|---|
|Bank loans and overdrafts||(see note 22)|152,146|123,739|
|Trade creditors|||2,764|9,928|
|Other creditors|||33,735||
|Social security and other||taxes|1,764|3,226|
|Accruals and deferred|income||64 535|8,381|
||||255,244|145,274|
##
##
|||2021|2020|
|---|---|---|---|
|Bank loans and ovcrdrafts|(see note 22)|152,146|123,739|
|Trade creditors||996|6,487|
|Other creditors||33,735||
|Accrued expenses||5 631|5„450|
|||192500|135,676|
|21.|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|FALLING DUE AFTER MORE THAN ONE YEAR||
|---|---|---|---|---|---|
|||||2021|2020|
||Bank loans (see note 22)|||1,183 485|1,072,845|
|22.|LOANS|||||
||An analysis ofthe maturity|nf loans is given below:||||
|||||2021|2020|
||Amounts
falling due within|one year on demand:||||
||Bank loans|||152146|123,739|
||Amounts
falling between
one||and|two years:||
||Bank loans - 1-2years|||164,756|123,427|
||Amounts
falling due between||t.wo|tnd five years:||
||Bank loans - 2-5 years|||510,508|386,344|
||Amounts
fal1ing due in more|than||five years:||
||Repayable
by instahnents:|||||
||Bank loans more 5 yr by instal|||508,221|563,074|
##
##
##
|MOVEMENT IN I'UNDS CO|NSOLIDAT|ED|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement
in||
|||||At,1.4.20|funds|At 31.3.21|
|Unrestricted
funds|||||||
|General
fund||||3,878,337|(5,352)|3,872,985|
|Restricted funds|||||||
|Restricted
I'unds||||1,360,651|(17,498)|1,343,153|
|Fndowment
funds|||||||
|Endowment
Fund||||4,674,270||4,674,270|
|TOTAL FUNDS||||9913,258|(22,850)|9,890,408|
|Net movement
in funds, included|in the above are as||follows:||||
|||Incoming||Resources|Gains and|Movement|
|||resources||expended|losses|in funds|
|Unrestricted
funds|||||||
|General
fund||468,087||(672,021)|198,582|(59352)|
|Restricted funds|||||||
|Restricted
Funds|||52,314|(69,812)||(17,498)|
|Endowment
funds|||||||
|Endowment
Fund|||||||
|TOTAL FUNDS||520 401||(74(,833)|198,582|(22,S50)|
|Comparatives
for consolidated|movemeni,|in funds|||||
||||||Net||
||||||movement
in||
|||||At 1.4.19|funds|At 31.3.20|
|Unrestricted
funds|||||||
|General
fund||||3,955,905|(77,568)|3,878,337|
|Restricted funds|||||||
|Restricted Funds||||1,407,948|(47,297)|1,360,651|
|E(ndowmcnt
funds|||||||
|Endowment
Fund||||4,554,270|120,000|4,674,270|
|TOTAL FUNDS||||99]8,123|(4 S65)|9913258|
##
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||161|534|
|Grants|||346 062|652,575|
||||346,223|653,109|
|Investment
income|||||
|Ren ts receivablc|||1,200|5,760|
|income fiom listed|investments||25,438|16,876|
|Deposit accoun t interest|||6|8|
||||26,644|22,644|
|Other income|||||
|Sundry income|||60||
|Trading income|||||
|Ticket sales||||150,517|
|Retail &guidebook||sales|1,270|43,442|
|Guildhall
bookings|&film income|||1,492|
|Sundry receipts||||800|
|Patent income||||50,000|
|Recharged
expenses||||14,986|
|Government
grants|||146,204||
||||147,474|261,237|
|Total incoming
resources|||520,401|936,991|
|EXPENDITURE|||||
|Raising donations|and legacies||||
|Maintenance
of school property|||66)477|49,678|
|Costs ofobtaining|grants||170|129|
||||66,647|49,807|
|Cliaritable
activities|||||
|Advertising|||280||
|Schnnl develnpment||costs|8,471|7,877|
|Depn ofland & buildings|||127,532|133,856|
|Dcpn offixtures
and||fittings|20,050|20,049|
|Bank charges and Joan interest|||21,199|30,417|
|Grant payments
and||related costs|293 469|374,123|
||||471,001|566,322|
##
||||2021|2020|
|---|---|---|---|---|
|Trading activities|||||
|Cost ofsales|||1,113|40,795|
|Adnunistration
expenses|||163,081|270,802|
|Depreciation
and amoitisation|||2,582|5,398|
|Finance costs|||795|3,056|
||||167,571|320,051|
|Support costs|||||
|Management|||||
|Insurance
Iwgai 2professional|fees||760
16,076|760
20,248|
|Repairs to property||||110|
||||16,836|21,118|
|Governance
costs|||||
|Auditors'
remuneratinn|||5,160|4,900|
|Executi ve officer|||7,800|7,800|
|Trustees
meetings|||6,629|8,804|
|Trustees expenses|||189||
||||19778|2l,504|
|Total resources expended|||741,833|978,802|
|Net inconie before gains and|||||
|(losses)|||(221,432)|(41,811)|
|Realised recognised
gains and losses|||||
|Realised gain
/ (losses)|nn current asset investments||198,582|(83,054)|
|Realised gain
/ (losses)|on investment|property||120,000|
|Nct income / (expenditure)|||(22,850)|~6,865)|