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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 auditor's report to the trustees of
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6 |
Statement of financial activities (including income and expenditure account) |
11 |
Statement of financial position |
12 |
Statement of cash flows |
13 |
Notes to the financial statements |
14 |
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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 |
51 Rigby Street |
office |
Salford |
M7 4NX |
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Auditor |
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Accountants & statutory auditor |
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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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Bankers |
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64 Bury Old Road |
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Manchester |
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M8 5NW |
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Trustee |
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Company Limited by Guarantee |
Independent Auditor's Report to the Trustees of
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(Senior Statutory Auditor) |
For and on behalf of |
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Accountants & statutory auditor |
2nd Floor - Parkgates |
Bury New Road |
Prestwich |
Manchester |
M25 0TL |
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2023 |
2022 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
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Charitable activities |
6 |
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– |
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Total income |
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Costs of raising donations and legacies |
7 |
15,778 |
– |
15,778 |
52,482 |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net income/(expenditure) and net movement in funds |
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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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------------ |
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Total funds carried forward |
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– |
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Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Tangible fixed assets |
16 |
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Debtors |
17 |
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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 |
18 |
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--------- |
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Net current assets |
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Total assets less current liabilities |
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------------ |
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Net assets |
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------------ |
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Unrestricted funds |
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Total charity funds |
21 |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2023 |
2022 |
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£ |
£ |
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Net income/(expenditure) |
189,235 |
(66,888) |
Adjustments for: |
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Depreciation of tangible fixed assets |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
(
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(
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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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Net cash from operating activities |
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--------- |
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Purchase of tangible assets |
(
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(
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--------- |
--------- |
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Net cash used in investing 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 |
304,355 |
351,519 |
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Cash and cash equivalents at end of year |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Fixtures, fittings & equipment |
- |
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Motor vehicles |
- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Donations |
101,819 |
– |
101,819 |
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Grants receivable |
– |
45,470 |
45,470 |
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--------- |
-------- |
--------- |
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-------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Donations |
259,601 |
– |
259,601 |
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Grants receivable |
25,000 |
21,113 |
46,113 |
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--------- |
-------- |
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-------- |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Voluntary contributions |
108,065 |
108,065 |
113,084 |
113,084 |
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Salford City Council |
1,192,720 |
1,192,720 |
812,127 |
812,127 |
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Bury MBC |
941,704 |
941,704 |
731,895 |
731,895 |
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Manchester City Council |
123,300 |
123,300 |
154,849 |
154,849 |
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London Barnet Council |
24,640 |
24,640 |
41,653 |
41,653 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Costs of raising donations and legacies |
15,778 |
15,778 |
52,482 |
52,482 |
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-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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2,140,573 |
45,470 |
2,186,042 |
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Support costs |
146,662 |
– |
146,663 |
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------------ |
-------- |
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-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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2,016,650 |
21,113 |
2,037,764 |
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Support costs |
135,965 |
– |
135,964 |
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Activities undertaken directly |
Grant funding of activities |
Support costs |
Total funds 2023 |
Total fund 2022 |
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£ |
£ |
£ |
£ |
£ |
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2,157,051 |
28,991 |
133,005 |
2,319,047 |
2,160,037 |
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Governance costs |
– |
– |
13,658 |
13,658 |
13,691 |
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Analysis of support costs |
Total 2023 |
Total 2022 |
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£ |
£ |
£ |
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Staff costs |
133,006 |
133,006 |
122,273 |
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Governance costs |
13,658 |
13,658 |
13,691 |
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--------- |
--------- |
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146,664 |
146,664 |
135,964 |
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--------- |
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--------- |
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2023 |
2022 |
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£ |
£ |
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SEN grants |
28,991 |
10,650 |
Grants under £1,000 |
– |
500 |
-------- |
-------- |
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-------- |
-------- |
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Total grants |
28,991 |
11,150 |
-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Depreciation of tangible fixed assets |
59,516 |
60,070 |
-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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------- |
------- |
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Other non-audit services |
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------- |
------- |
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2023 |
2022 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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Employer contributions to pension plans |
18,147 |
13,808 |
------------ |
------------ |
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2023 |
2022 |
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No. |
No. |
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Number of administrative staff |
10 |
9 |
Number of teaching staff |
107 |
105 |
---- |
---- |
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117 |
114 |
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---- |
---- |
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Land and buildings |
Fixtures and fittings |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 September 2022 |
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– |
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Additions |
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------------ |
--------- |
-------- |
------------ |
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At 31 August 2023 |
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------------ |
--------- |
-------- |
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Depreciation |
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At 1 September 2022 |
– |
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– |
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Charge for the year |
– |
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------------ |
--------- |
-------- |
------------ |
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At 31 August 2023 |
– |
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------------ |
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-------- |
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Carrying amount |
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At 31 August 2023 |
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------------ |
--------- |
-------- |
------------ |
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At 31 August 2022 |
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– |
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------------ |
--------- |
-------- |
------------ |
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2023 |
2022 |
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£ |
£ |
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Other debtors |
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-------- |
------- |
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2023 |
2022 |
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£ |
£ |
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Supplier creditors |
– |
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Accruals |
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Social security and other taxes |
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Loans |
– |
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Other creditors |
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--------- |
--------- |
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--------- |
--------- |
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2023 |
2022 |
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£ |
£ |
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Amount deferred in year |
370,683 |
– |
--------- |
---- |
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At 1 September 2022 |
Income |
Expenditure |
At 31 August 2023 |
|
£ |
£ |
£ |
£ |
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General funds |
1,363,734 |
2,492,248 |
(2,303,013) |
1,552,969 |
------------ |
------------ |
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At 1 September 2021 |
Income |
Expenditure |
At 31 August 2022 |
|
£ |
£ |
£ |
£ |
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General funds |
1,430,622 |
2,138,209 |
(2,205,097) |
1,363,734 |
------------ |
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At 1 September 2022 |
Income |
Expenditure |
At 31 August 2023 |
|
£ |
£ |
£ |
£ |
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Restricted Fund – grants received |
– |
45,470 |
(45,470) |
– |
---- |
-------- |
-------- |
---- |
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At 1 September 2021 |
Income |
Expenditure |
At 31 August 2022 |
|
£ |
£ |
£ |
£ |
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Restricted Fund – grants received |
– |
21,113 |
(21,113) |
– |
---- |
-------- |
-------- |
---- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
1,347,620 |
1,347,620 |
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Current assets |
709,303 |
709,303 |
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Creditors less than 1 year |
(503,954) |
(503,954) |
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------------ |
------------ |
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Net assets |
1,552,969 |
1,552,969 |
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------------ |
------------ |
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Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
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Tangible fixed assets |
1,290,752 |
1,290,752 |
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Current assets |
313,241 |
313,241 |
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Creditors less than 1 year |
(240,259) |
(240,259) |
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------------ |
------------ |
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Net assets |
1,363,734 |
1,363,734 |
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At 1 Sep 2022 |
Cash flows |
At 31 Aug 2023 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
385,873 |
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--------- |
--------- |
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Company Limited by Guarantee |
Notes to the Financial Statements (continued) |