##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes||E||E|
|INCOME AND ENDOWMENTS|||FROM||||||
|ChaFitable|activities||||||||
|Education|and training||||758,822||758,822|702,560|
|Investment|income|||2|1,053||1,053|74|
|Total|||||759,875||759,875|702,634|
|EXPENDITURE ON|||||||||
|Charitable|activities||||||||
|Education|and training||||685,064||685,064|624,712|
|NET INCOME|||||74,811||74,811|77,922|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds|brought|forward|||741,019||741,019|663,097|
|TOTAL FUNDS CARRIED FORWARD|||||815,830||815,830|741,019|
##
|||2022|2021|
|---|---|---|---|
||Notes|E|E|
|FIXED ASSETS||||
|Tangible assets||744,137|741,142|
|CURRENT ASSETS||||
|Debtors||81,270|88,902|
|Cash at bank and in hand||~319971|282,792|
|||401,241|371,694|
|CREDITORS||||
|Amounts
falling due within one year|13|(67,464)|(40,592)|
|NET CURRENT ASSETS||333,777|331,102|
|TOTAL ASSETS LESS CURRENT LIABILITIES||1,077,914|1,072,244|
|CREDITORS||||
|Amounts
falling due after more than one||||
|year|14|(262,084)|(331,225)|
|NET ASSETS||815,830|741,019|
|FUNDS|19|||
|Unrestficted
funds||815,830|741,019|
|TOTALFUNDS||~815830|741,019|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes||8|
|Cash flows from operating||activities|||||
|Cash generated
from operations||||I|154,757|136,480|
|Interest paid|||||~18,988|~20,012|
|Net cash provided
by operating
activities|||||135,769|116,468|
|Cash flows from invesRng|activities||||||
|Purchase oftangible
fixed||assets|||(38,463)|(5,367)|
|Interest received|||||1,053|74|
|Net cash used in investing||activities|||~37,410)|~5,293)|
|Cash flows from financing|activIRes||||||
|New loans in year
Loan repayments
in year|||||~61,180|50,000
~5,422|
|Net cash (used in)/provided||by financing||activities|~61,180)|44,578|
|Change
in cash and cash||equivalents|in||||
|the reporting
period|||||37,179|155,753|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||pedod|||282,792|127,039|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||319,971|282,792|
##
##
|RECONCILIATION
OF NET INCOME TO NET CASH|RECONCILIATION
OF NET INCOME TO NET CASH|RECONCILIATION
OF NET INCOME TO NET CASH|FLOW FROM OPERATING|ACTIVITIES||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
|Net income for the|reporting|period (as per the|Statement of|||
|Financial Activities)||||74,811|77,922|
|Adjustments
for.||||||
|Depreciation
charges||||35,468|31,998|
|Interest received||||(1,053)|(74)|
|Interest paid||||18,988|20,012|
|Decrease in debtors||||7,632|5,801|
|Increase in creditors||||18,911|821|
|Net cash provided|by operations|||154,757|136,480|
|2,|ANALYSIS OF CHANGES|IN NET (DEBT)/FUNDS||||
|---|---|---|---|---|---|
||||At 1.8.21|Cash flow|At 31.7.22|
|||||E|E|
||Net cash|||||
||Cash at bank and in hand||282,792|37,179|319,971|
||||282,792|37,179|319,971|
||Debt|||||
||Debts falling due within|1 year|(6.000)|(7,961)|[13,961)|
||Debts falling due after|1 year|~331,225|69,141|(262,084)|
||||~337,225|61,180|~276,045|
||Total||54,433|98,359|43,926|
##
##
##
##
##
##
##
##
##
##
##
|recorded at transaction
pri|ce. Any losses arising are recognised
in|the statement
offinancia|l
activities.|
|---|---|---|---|
|INVESTMENT INCOME||2022|2021|
|||8||
|Deposit account interest||1,053|74|
|INCOME FROM CHARITABLE|ACTIVITIES|2022|2021|
|Training fees
Employer contributions
Miscellaneous
income|Activiiy
Education and training
Education and training
Education and training|8
746,277
7,252
5,293|E
698,463
3,708
389|
|||758,822|702,560|
|CHARITABLE ACTIVITIES COSTS||||
|||2022|2021|
|Direct costs (see note 5)
Support costs (see note 6)||678,258
6,806|618,220
6,492|
|||685,064|624,712|
##
||DIRECT COSTS OF CHARITABLE ACTIVITIES|DIRECT COSTS OF CHARITABLE ACTIVITIES|DIRECT COSTS OF CHARITABLE ACTIVITIES|DIRECT COSTS OF CHARITABLE ACTIVITIES|DIRECT COSTS OF CHARITABLE ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||S|S|
||Staff costs||||||404.920|424.607|
||Waterrates||||||339|137|
||Insurance||||||8,994|9,837|
||Light and heat||||||8,838|7,826|
||Telephone||||||5,373|6,166|
||Stationery,
printing|and postage|||||7,420|5,757|
||Advertising||||||15,759|2,853|
||Sundries||||||9,743|4,418|
||Workshop
tools, consumables|||and training||materials|24,127|11,984|
||Registration
fees||||||62,128|15,238|
||Equipment
leasing||||||6,854|6,854|
||Motor vehicle leasing||||||2,236|3,528|
||Travelling
expenses||||||5,075|1,672|
||Repairs and renewals||||||7,369|9,231|
||Computer expenses||||||19,538|20,051|
||Professional fees||||||8,422|13,197|
||Staff training||||||11,886|9,231|
||Staff recruitment||||||608|212|
||Licences and subscriptions||||||4,772|5,109|
||Clothing costs||||||605|76|
||Cleaning
expenses||||||2,565|745|
||Bookkeeping||||||6,231|7,481|
||Depreciation||||||35,468|31,998|
||Interest payable and similar charges||||||18,988|20,012|
||||||||678,258|618,220|
|6.|SBFFORTCOSTS||||||||
||||||||2022|2021|
||||||||S|E|
||Auditors'
remuneration||||||5,640|5,430|
||Auditors'
remuneration||for non-audit||work||1,166|1,152|
||||||||6,806|6,492|
##
##
|Net inco|me/(expenditur|e)
is stated after charging/(crediting):|||
|---|---|---|---|---|
||||2022|2021|
||||R|R|
|Auditors'|remuneration||5,640|5,340|
|Auditors'|remuneration|for non audit work|1,166|1,152|
|Depreciation
—owned||assets|35,468|31,998|
##
##
##
|There were
31 July 2021.|no trust|ees'
expenses
paid
f|or the year ended
31 July2022|nor
for the|year ende|
|---|---|---|---|---|---|
|STAFF COSTS||||||
|||||2022|2021|
|||||R|R|
|Wages and salaries||||368,601|386,483|
|Social security|costs|||27,340|28,871|
|Other pension|costs|||8.979|9,253|
|||||404,920|424,607|
|The average|monthly|number ofemployees|during the year was as follows:|||
|||||2022|2021|
|Charitable
activities||||11|12|
||The cost of key management
penonnel
for the ye|The cost of key management
penonnel
for the ye|The cost of key management
penonnel
for the ye|ar 2022 —R1|36,084.|||
|---|---|---|---|---|---|---|---|
|10.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES||||
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||||||R||R|
||INCOME AND ENDOWMENTS||FROM|||||
||Charitable|activities||||||
||Education|and training|||702,560||702,560|
||Investment|income|||74||74|
||Total||||702,634||702,634|
||EXPENDITURE ON|||||||
||Charitable|activities||||||
||Education|and training|||624,712||624,712|
|10.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL
ACTIVITIES|FOR THE STATEMENT OF FINANCIAL
ACTIVITIES|FOR THE STATEMENT OF FINANCIAL
ACTIVITIES|- continued|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||||||E|E|8|
||||||77,922||77,922|
||RECONCILIATION|OF FUNDS||||||
||Total funds brought||forward||663,097||663,097|
||TOTAL FUNDS CARRIED FORWARD||||741,019||741,019|
|11.|TANGIBLE FIXED ASSETS|||||||
||||||Fixtures|||
||||Freehold|Plant and|and|Computer||
||||property|machinery|fittings|equipment|Totals|
||||E|E|E|E||
||COST|||||||
||At
I August
2021||745,000|420,242|134,183|190,511|1,489,936|
||Additions|||35,719|1,070|1,674|38,463|
||At 31 July 2022||745,000|455.961|135,253|192,185|1,528,399|
||DEPRECIATION|||||||
||At
I August 2021||74,500|381,473|108,955|183,866|748,794|
||Charge foryear||14,900|10,715|3,797|6,056|35,468|
||At 31 July 2022||89,400|392,188|112,752|189,922|784,262|
||NET BOOK VALUE|||||||
||At 31 July 2022||655,600|63,773|22,501|2,263|744,137|
||At 31 July 2021||670,500|38,769|25,228|6,645|741,142|
##
|DEBTORS: AMOUNTS
FALLING DUE WITHIN ONE|YEAR||
|---|---|---|
||2022|2021|
||E|E|
|Trade debtors|51,684|66,463|
|Prepayments|29.586|22,439|
||81,270|88,902|
##
|13.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||8|
||Bank loans (see note|15)|||13,961|6,000|
||Trade creditors||||32,184|14,080|
||Social security and other taxes||||8,615|8,016|
||Other creditots||||2,480|2.438|
||Accruals and deferred income||||10,224|10,058|
||||||67,464|40,592|
|14.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE|||YEAR||
||||||2022|2021|
|||||||8|
||Bank loans (see note|15)|||262,084|331,225|
|1$.|LOANS||||||
||An analysis ofthe maturity||of loans is given below:||||
||||||2022|2021|
||||||8|8|
||Amounts
falling due within||one year on demand:||||
||Bank loan||||13,961|6,000|
||Amounts
falling between one and two years:||||||
||Bank loan||||14,538|7,000|
||Amounts
falling due between two and five yean:||||||
||Bank loan||||39,271|21,000|
||Amounts
falling due in|more than five years:|||||
||Repayable
by instalm ents:||||||
||Bank loan||||208,275|303,225|
|16.|LEASING AGREEMENTS||||||
||Minimum
lease payments||under non-cancellable|operating|leases fall due as follows:||
||||||2022|2021|
||||||E||
||Within one year||||6,802|5,289|
||Between one and live|years|||13,183|7,250|
||||||19,985|12,539|
##
##
|||2022|2021|
|---|---|---|---|
|||E||
|Bank|loans|276,045|337,225|
##
##
|ANALYSI|S O|F NET ASSETS BETWEEN|FUNDS||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||||E|||
|Fixed assets|||744,137||744,137|741,142|
|Current|assets||401,241||401,241|371,694|
|Current|liabilities||(67,464)||(67,464)|(40,592)|
|Long term liabilities|||{262,084)||(262,084)|(331,225)|
||||815,830||815,830|741,019|
|MOVEMENT||IN FUNDS|||||
||||||Net||
||||||movement|At|
|||||At 1.8.21|in funds|31,7.22|
|||||E|||
|Unrestricted||funds|||||
|General|fund|||741,019|74,811|815,830|
|TOTALFUNDS||||741,019|74,811|815,830|
|Net mov|eme|nt
in funds, included
in the|above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted||funds||||
|General|fund||759,875|(685,064)|74,81 I|
|TOTAL FUNDS|||759,875|(685,064)|74,811|
##
##
##
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.8.20|in funds|31.7.21|
||||8|8|
|Unrestricted|funds||||
|General fund||663,097|77,922|741,019|
|TOTAL FUNDS||663,097|77,922|741,019|
|Compara|tive|net movement
in funds, in|cluded
in the above are as follows|:||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||8|8|8|
|Unrestricted||funds||||
|General|fund||702,634|(624,712)|77,922|
|'TOTAL FUNDS|||702,634|(624,712)|77,922|
|A current|y|ear 12months and prior year|12months combined
position
is as|follows:||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.8.20|in funds|31.7.22|
||||8|K|S|
|Unrestricted||funds||||
|General|fund||663,097|152,733|815,830|
|TOTAL FUNDS|||663,097|I52,733|815,830|
|above are|as follows:||||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
||||8|E|
|Unrestricted|funds||||
|General fund||1,462,509|(1,309,776)|152,733|
|TOTAL FUNDS||1,462,509|(1,309,776)|152,733|
##
##
##
##
##