Full accounts for SANDWELL ACADEMY TRUST LIMITED

Annual Returns to Charity Commission
Financial year ending2007-08-312008-08-312009-08-312010-08-31
Income from legacies£0£0£0£0
Income from endowments£0£0£0£0
Voluntary income£275,547£0£1.07m£305,630
Activities generating funds£0£904,128£0£0
Income from charitable activities£3.70m£4.79m£6.24m£8.05m
Investment income£46,454£75,473£45,018£5,677
Other income£204,011£443,404£0£0
Total income£4.22m£6.21m£7.35m£8.36m
Investment gains£0£0£0£0
Gains from asset revaluations£0£0£0£0
Gains on pension fund£0£-71,000£34,000£-34,000
Voluntary income costs£0£0£0£0
Fundraising trading costs£0£0£0£0
Investment management costs£0£0£0£0
Grants to institutions£0£0£0£0
Charitable activities costs£3.87m£4.82m£6.46m£7.56m
Governance costs£32,803£25,272£27,056£28,754
Other expenses£233,011£367,208£0£0
Total expenses£4.13m£5.22m£6.49m£7.59m
Support costs£1.08m£1.55m£2.35m£2.81m
Depreciation£665,509£726,947£775,501£805,263
Reserves£778,031£2.26m£3.63m£2.85m
Fixed assets at start of year£25.29m£25.33m£25.11m£24.63m
Fixed assets at end of year£25.33m£25.11m£24.63m£24.13m
Fixed investment assets at start of year£0£0£0£0
Fixed investment assets at end of year£0£0£0£0
Current investment assets£0£0£0£0
Cash£1.45m£2.65m£4.15m£5.60m
Total current assets£2.16m£3.39m£4.32m£5.85m
Creditors within 1 year£1.05m£1.04m£574,189£771,831
Long term creditors or provisions£0£0£0£0
Pension assets£0£-92,000£-119,000£-203,000
Total assets£26.45m£27.37m£28.26m£29.00m
Endowment funds£0£0£0£0
Restricted funds£25.67m£23.47m£23.21m£23.61m
Unrestricted funds£778,031£3.90m£5.05m£5.40m
Total funds£26.45m£27.37m£28.26m£29.00m
Employees66102127155
Volunteers00
Consolidated accountsNoNoNoNo
Charity only accountsYesYesYesYes