## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Restricted|||||| |---|---|---|---|---|---|---|---| |Unrestricte||income|Endowment|||Prior year|| |d funds
f||funds
E|funds
E|Total funds
6||funds
E|| |41|468|||41||62|350| |155|931|||5|9 1|193868|| ||135||||||103| |15|167||||||| |21|701|||2 3|, 1|256|2| ||198||||||590| |225|750|127||Zasttif r||279|847| |225|9|12|||||| |13i,247 -||127||13|74|24,116|| |120|330|127||120457||144|573| |1
;08||||10,082||120,i)87|| ## ## ## ## ## ## ## ## |||Notes on the Accounts cont.|| |---|---|---|---| |Note 2||Accounting
policies|| |2.1 INCOME|||| |Recognitlon|of income|These are inrriuded
in the Statement ofFinancial Activities (SoFA) when:|| |||the charity becomes enfified to the resources;|| |||it is more likely than not that the trustees
will receive the resources;
and|| |||the monetary
value can be measured
with sulticient
reliability.|| |||There has been no ollsetting ofassets and liabilities, or income and expenses,
unless|| |Offsetting||required
or permitted
by the FRS102SORP or FRS 102.|| |Grants and donations||Grants and donations are only included
in the SoFAwhen the general income
recognition
criteria are met (5.10to5.12FRS102SORP).|| |||In the case of performance
related grants, income must only be recognised
to the
extent that the charity has provided the specified goods or services as enfitlement
the grant only occum when the performance
related conditions are met (5.16FRS|to| |||102SORP).|| |Government|grants|The charity has received government
grants
in the reporting
period|| |Tax reclaims on
donations
and gifts||Gift Aid receivable
is included
in income when there isa valid declaration
from the
donor.
Any GifiAid amount
recovered on a donation
is considered to be part ofthat
gift and is treated as an addition tothe same fund as the initial donation
unless the
donor or the terms of the appeal have specified otherwise.|| |Contractual
performance|income and
related|This is only included
in the SoFAonce the charity has provided
the related goods or
services or met the performance
related conditions.|| |grants|||| |Donated services and
facilities||Donated services and faulities are included
in the SOFA when received at the value
ofthe gifi tothe charity provided
the value ofthe gift can be measured
reliably.|| |||Donated services and facilities that are consumed
immediately
are recognised as|| |||income wilh an equivalent
amount recognised as an expense under the appropriate|| |||heading
in the SOFA.|| |Supportcosts||The charity has incurred
expenditure
on support costs.|| |Volunteer
help||The value ofany voluntary
help received
is not induded
in the accounts
but is
described
in the trustees' annual
report.|| |Income from|interest,|This is included
in the accounts when receipt is probable and the amount
receivable|| |royalties
and|dividends|can be measured
reliably.|| |Income from
membership
subscriptions||Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations
and Legacies.|| |Settlement ofinsurance
claims||Insurance deims are only included
in the SoFAwhen the general income recognition
criteria are met (5.10to5.12FRS102SORP) and are included as an item ofother
income in the SoFA.|| ## ## ||||Notes on the Accounts cont.| |---|---|---|---| |2.2 EXPENDITURE|||AND LIABILITIES| |Liability recognition|||Liabilities are recognised where
it is more likely than not that there isa legal or
constructive
obligation
committing
the charity to pay out resources
and the amount of| ||||the obligation can be measured
with reasonable
certainty.| |Governance
supportcosts|and||Support costs have been allocated between
governance
costs and other support.
Governance
costs comprise
all costs involving
public accountability
ofthe charity and
its compliance
with regulation
and good practice.| ||||Support costs include central functions
and have been allocated to activity cost
categories on a basis consistent
with the use ofresources, eg allocating
property
costs by floor areas, or per capita, staff costs by the time spent and other costs by| ||||their usage.| |G
nt
w th
conditions|rf|anc|Where the charity gives a grant with conditions for its payment
being a specific level
ofservice or output to be provided,
such grants are only recognised
in the SoFAonce
the recipient ofthe grant has provided
the specified service or output.| |rfo
ance|cond t|ns|Where there are no conditions
attaching tothe grant that enables the donor charity to
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.| |Redundancy|cost||The charity made no redundancy
payments
during the reporting
period.| |Deferred income|||No material
item ofdeferred
income has been included
in the accounts.| |Creditors|||The charity has creditors which are measured at settlement
amounts
less any trade
discounts| |Provisions for liabilities|||A liability is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate ofthe amount
required to settle the obligation
at the| ||||reporting
date| |Basicfinancial
Instruments|||The charity accounts for basic gnancial
instruments
on initial recognition as per
paragraph
10.7FRS102 SORP. Subsequent
measurement
is as per paragraphs
11.17to 11.19, FRS102SORP.| ## |||Notes on the Accounts cont.|||| |---|---|---|---|---|---| |2.3ASSETS|||||| |Tangible fixed assets for||These are capitalised
ifthey can be used for more than one year, and cost at least|||| |use by charity|||||| |||They are valued at cost.|||| |||The depreciation
rates and methods
used are disclosed
in note 9.2.|||| |Intangible|fixed assets|The charity has intangible
fixed assets, that is, non-monetary
assets that do not||have|| |||physical substance
but are identifiable
and are controlled
by the charity through|||| |||custody or legal rights.
The amortisation
rates and methods
used are disclosed||in|| |||note 9.5|||| |||They are valued at cost.|||| |Heritage assets||The charity has heritage assets, that is, non-monetary
assets with historic, artistic,|||| |||scientific, technological,
geophysical
or environmental
qualities that are held
and|||| |||maintained
principally
for their contribution
to knowledge
and culture.
The
depreciation
rates and methods
used as disclosed
in note 9.6.1.4.|||| |||They are valued at cost.|||| |Investments||Fixed asset investments
in quoted shares, traded bonds and similar investments|||are| |||valued at initially at cost and subsequently
atfair value (their market value) at the|||| |||year end. The same treatment
is applied to unlisted
investments
unless fair value|||| |||cannot be measured
reliably
in which case it is measured
at cost less impairment.|||| |||Investments
held for resale or pending
their sale and cash and cash equivalents||with|| |||a maturity
date ofless then 1year are treated as current asset investments|||| |Stocks and|work in|Stocks held for sale as part of non-charitable
trade are measured
at the lower or||cost|| |progress||or net realisable value.|||| |||Goods or services provided as part ofa charitable
activity are measured
at net|||| |||realisable
value based on the service potential
provided
by items of stock.|||| |||Work in progress is valued at cost less any foreseeable
loss that is likely to occur|||on| |||the contract.|||| |||Debtors (including
trade debtors and loans receivable) are measured
on initial|||| |Debtors||recognition at settlement
amount after any trade discounts
or amount advanced
the charity.
Subsequently,
they are measured
at the cash or other consideration|by||| |||expected to be received.|||| |||The charity has hes investments
which
it holds for resale or pending
their sale and|||| |Current asset
investments||cash and cash equivalents
with a maturity
date less than one year. These indude
cash on deposit and cash equivalents
with a maturity
date ofless than one year held
for investment
purposes
rather than to meet short term cash commitments
as they fall|||| |||due.|||| |||They are valued at fair value except where they qualify as basic financial instruments.|||| ## ## ## |nment|grants|||||| |---|---|---|---|---|---|---| ||||This|year|Last|year| |Descri|ion|||||| |||Total||||| ## ## ## |Seconded staff|||| |---|---|---|---| |Use ofproperty|||| |Other|||| |Please provide details ofthe
accounting
policy for the
recognition
and valuation
ofdonated|The Achor Trust directly pays the building
insurance
relating to the school buildings. The cost ofinsurance
has been treated as a donation
in the accounts.||| |goods, facilities and services.|||| |Please provide details ofany|||| |unfulfilled
conditions
and other|||| |contingencies
attaching to|||| |resources
from donated goods end|||| |services not recognised
in income.|||| |Please give details ofother forms of|||| |other donated goods and services|||| |not recognised
in the accounts, eg|||| |contribution
of unpaid volunteers.|||| |This|year
f|Last year| |---|---|---| ||2425|2 311| ## ## ## ## ## ## Emmanuel Chrfstian School As$oclatlon Notes on the Accounts cont. Note 9 Tanglble fixed assets 9.1 CoJt or valuation Frè•hold land & bulldings Oth•r land & IMAldingg Plpn( maehlnery and motor v•hlcl•s Ftxtur•¥. rthings and equlpm¢nt Totsl Al the beginning of the year Additions 60,144 63,557 3.482 t27,184 2.318 2.318 RevaluatK)ns Disposals Transfors ' Al end of the year 60,144 65.875 3.482 129.502, 9.2 D•preciation and Impalnngnts -Basls SL SL SL si Siraighl Line I"SL'I or Reducing Balance fRB') 15 25¢ Al beginning of the 49,649 63,558 3.481 116.68 Disposals D8prec4ation 7,529 386 7.915 Impairment Transfers" At end of the year 57,177 63,945 3.481 124.603 9a Net book valu• Net book value at the beglnnlng of the year 10,496 10.495 Net book value al the end of the year 2,967 1,931 4,899 ## ## ## |10.1|Analysis ofdebtors|Analysis ofdebtors| |---|---|---| |Trade|debtors|| |Prepayments||and accrued income| |Other|debtors|| |This year|Last year| |---|---| |5 161|25618| |6,111|4015| |11271|| ## |Trade debtors|| |---|---| |Prepayments|and accrued income| |Other debtors|| ## ## ## ## |11.1Analysis ofc|reditors|||||| |---|---|---|---|---|---|---| ||||Amounts|falling due|Amounts|falling due| ||||within|one year|after more than one year|| ||||This year
f|Last year
f|This year
f|Last year
f| |Accruals for grants|payable|||||| |Bank loans snd overdrafts||||||| |Trade creditors|||2,153|9,758|7,990|4 350| |Payments
received|on account for contracts or|||||| |performance~elated|grants|||||| |Accruels and deferred income|||2,039|12204||| |Tsxatien and social|security|||||| |Other creditors||||||| |||Total||||| ## ## |Movement in deferred income account|Movement in deferred income account||This year
f|Last year
f| |---|---|---|---|---| |Balance atthe start ofthe reporting|period|||| |Amounts
added in current period||||| |Amounts
released to income from|previous|periods||| |Balance at the end ofthe reporting|period|||| ## ## ## ## ## ## ## ## |13.2 Transfers
between|13.2 Transfers
between|13.2 Transfers
between|funds
Reason|for transfer and where endowment|is converted to|Amount| |---|---|---|---|---|---|---| |||||income, legal power for its conversion||| |Between|unrestricted|and||||| |restricted|funds|||||| |Between|endowment|and||||| |restricted|funds|||||| |Between|endowment|and||||| |unrestricted
funds||||||| |13.3|Desi nated funds
Planned
use|||Pur|seofthe desi|nation||Amount| |---|---|---|---|---|---|---|---|---| |New|Fencing Fund|Multiple|donations|received|in 18/19 to fund|replacment|ofexternal|| |||fencing|on the site.|||||903|