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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent examiner's report to the trustees |
6 |
Statement of financial activities (including income and expenditure account) |
7 |
Statement of financial position |
8 |
Statement of cash flows |
10 |
Notes to the financial statements |
11 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
2nd Floor - Parkgates |
office |
Bury New Road |
Prestwich |
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Manchester |
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M25 0TL |
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Independent examiner |
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2nd Floor - Parkgates |
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Bury New Road |
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Prestwich |
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Manchester |
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M25 0TL |
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Trustee |
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2022 |
2021 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
Donations and legacies |
5 |
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Investment income |
6 |
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-------- |
-------- |
--------- |
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Total income |
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-------- |
--------- |
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Investment management costs |
7 |
12,500 |
12,500 |
22,299 |
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Expenditure on charitable activities |
8,9 |
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--------- |
--------- |
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Total expenditure |
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--------- |
--------- |
--------- |
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Net gains/(losses) on investments |
12 |
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(
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--------- |
--------- |
--------- |
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Net expenditure and net movement in funds |
(
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(
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(
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--------- |
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--------- |
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Total funds brought forward |
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------------ |
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Total funds carried forward |
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Company Limited by Guarantee |
Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Investments |
16 |
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Debtors |
17 |
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Investments |
18 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
19 |
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--------- |
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Net current assets |
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------------ |
------------ |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
20 |
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------------ |
------------ |
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Net assets |
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------------ |
------------ |
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Unrestricted funds |
|
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------------ |
------------ |
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Total charity funds |
21 |
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2022 |
2021 |
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£ |
£ |
|
Net expenditure |
(190,253) |
(120,271) |
Adjustments for: |
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Net gains/(losses) on investments |
(130,079) |
39,098 |
Dividends, interest and rents from investments |
(28,587) |
(57,316) |
Other interest receivable and similar income |
– |
(
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Interest payable and similar charges |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
|
(
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Trade and other creditors |
|
(
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--------- |
--------- |
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Cash generated from operations |
(
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(
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Interest paid |
(
|
(
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--------- |
--------- |
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Net cash used in operating activities |
(
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(
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--------- |
--------- |
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Dividends, interest and rents from investments |
28,587 |
57,316 |
Purchases of other investments |
(
|
(
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Proceeds from sale of other investments |
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--------- |
--------- |
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Net cash from investing activities |
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--------- |
--------- |
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Proceeds from borrowings |
(
|
(
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--------- |
--------- |
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Net cash used in financing activities |
(
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(
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--------- |
--------- |
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
4,404 |
10,433 |
------- |
-------- |
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Cash and cash equivalents at end of year |
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------- |
-------- |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Unrestricted Funds |
Total Funds 2022 |
Unrestricted Funds |
Total Funds 2021 |
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£ |
£ |
£ |
£ |
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Donations |
53,800 |
53,800 |
434,420 |
434,420 |
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-------- |
-------- |
--------- |
--------- |
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Unrestricted Funds |
Total Funds 2022 |
Unrestricted Funds |
Total Funds 2021 |
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£ |
£ |
£ |
£ |
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Income from investment properties |
28,587 |
28,587 |
57,316 |
57,316 |
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Other interest receivable |
– |
– |
26,609 |
26,609 |
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-------- |
-------- |
-------- |
-------- |
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-------- |
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-------- |
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Unrestricted Funds |
Total Funds 2022 |
Unrestricted Funds |
Total Funds 2021 |
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£ |
£ |
£ |
£ |
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Rent collection |
12,500 |
12,500 |
22,299 |
22,299 |
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-------- |
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-------- |
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Unrestricted Funds |
Total Funds 2022 |
Unrestricted Funds |
Total Funds 2021 |
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£ |
£ |
£ |
£ |
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Charitable grants |
372,727 |
372,727 |
541,764 |
541,764 |
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Support costs |
17,492 |
17,492 |
35,455 |
35,455 |
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--------- |
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Grant funding of activities |
Support costs |
Total funds 2022 |
Total fund 2021 |
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£ |
£ |
£ |
£ |
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Charitable grants |
372,727 |
14,683 |
387,410 |
574,154 |
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Governance costs |
– |
2,809 |
2,809 |
3,065 |
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Analysis of support costs activity 1 |
Total 2022 |
Total 2021 |
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£ |
£ |
£ |
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General office |
4,824 |
4,824 |
11,131 |
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Finance costs |
9,859 |
9,859 |
21,259 |
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Governance costs |
2,809 |
2,809 |
3,065 |
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-------- |
-------- |
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17,492 |
17,492 |
35,455 |
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-------- |
-------- |
-------- |
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2022 |
2021 |
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£ |
£ |
|
Asser Bishvil Foundation |
86,714 |
116,000 |
Community Projects |
59,110 |
110,696 |
Educational Grants |
78,980 |
117,660 |
Grants under £1,000 |
6,605 |
8,272 |
Relief of Poverty |
109,718 |
63,636 |
Religious Grants |
31,600 |
125,500 |
--------- |
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Total grants |
372,727 |
541,764 |
--------- |
--------- |
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Unrestricted Funds |
Total Funds 2022 |
Unrestricted Funds |
Total Funds 2021 |
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£ |
£ |
£ |
£ |
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Gains/(losses) on investment property |
|
|
(
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(
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--------- |
--------- |
-------- |
-------- |
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2022 |
2021 |
|
£ |
£ |
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Independent examination of the financial statements |
2,640 |
2,520 |
------- |
------- |
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Investment properties |
Other investments |
Total |
|
£ |
£ |
£ |
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Cost or valuation |
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At 1 December 2021 |
1,475,988 |
471,186 |
1,947,174 |
Additions |
– |
– |
– |
Disposals |
(240,000) |
– |
(240,000) |
------------ |
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At 30 November 2022 |
1,235,988 |
471,186 |
1,707,174 |
------------ |
--------- |
------------ |
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Impairment |
|||
At 1 December 2021 and 30 November 2022 |
– |
– |
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--------- |
------------ |
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Carrying amount |
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At 30 November 2022 |
1,235,988 |
471,186 |
1,707,174 |
------------ |
--------- |
------------ |
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At 30 November 2021 |
1,475,988 |
471,186 |
1,947,174 |
------------ |
--------- |
------------ |
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2022 |
2021 |
|
£ |
£ |
|
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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--------- |
--------- |
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--------- |
--------- |
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2022 |
2021 |
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£ |
£ |
|
Other investments |
544,511 |
532,188 |
--------- |
--------- |
|
2022 |
2021 |
|
£ |
£ |
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Accruals and deferred income |
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Other creditors |
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|
-------- |
-------- |
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-------- |
-------- |
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2022 |
2021 |
|
£ |
£ |
|
Bank loans and overdrafts |
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--------- |
--------- |
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At 1 December 2021 |
Income |
Expenditure |
Gains and losses |
At 30 November 2022 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
2,409,150 |
82,387 |
(402,719) |
130,079 |
2,218,897 |
------------ |
-------- |
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--------- |
------------ |
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At 1 December 2020 |
Income |
Expenditure |
Gains and losses |
At 30 November 2021 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
2,529,421 |
518,345 |
(599,518) |
(39,098) |
2,409,150 |
------------ |
--------- |
--------- |
-------- |
------------ |
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Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
||
Investments |
1,707,174 |
1,707,174 |
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Current assets |
805,427 |
805,427 |
|
Creditors less than 1 year |
(90,204) |
(90,204) |
|
Creditors greater than 1 year |
(203,500) |
(203,500) |
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------------ |
------------ |
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Net assets |
2,218,897 |
2,218,897 |
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------------ |
------------ |
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Unrestricted Funds |
Total Funds 2021 |
||
£ |
£ |
||
Investments |
1,947,174 |
1,947,174 |
|
Current assets |
813,159 |
813,159 |
|
Creditors less than 1 year |
(45,183) |
(45,183) |
|
Creditors greater than 1 year |
(306,000) |
(306,000) |
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------------ |
------------ |
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Net assets |
2,409,150 |
2,409,150 |
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At 1 Dec 2021 |
Cash flows |
At 30 Nov 2022 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
1,440 |
|
Debt due after one year |
(306,000) |
102,500 |
(203,500) |
Current asset investments |
|
12,323 |
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--------- |
--------- |
--------- |
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Company Limited by Guarantee |
Notes to the Financial Statements (continued) |