|
Company Limited by Guarantee |
|
|
|
Company Limited by Guarantee |
Financial Statements |
Page |
|
Trustees' annual report (incorporating the director's report) |
1 |
Independent examiner's report to the trustees |
4 |
Statement of financial activities (including income and expenditure account) |
5 |
Statement of financial position |
6 |
Notes to the financial statements |
8 |
|
Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
|
Charity registration number |
|
Company registration number |
|
Principal office and registered |
2nf Floor Parkgates |
office |
Bury New Road |
Prestwich |
|
Manchester |
|
M25 0TL |
|
|
||
|
||
|
||
Independent examiner |
|
2nd Floor - Parkgates |
|
Bury New Road |
|
Prestwich |
|
Manchester |
|
M25 0TL |
|
|
Trustee |
|
Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
|
|
Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2023 |
2022 |
||
Unrestricted funds |
Total funds |
Total funds |
|
Note |
£ |
£ |
£ |
Donations and legacies |
5 |
|
|
|
Investment income |
6 |
|
|
|
--------- |
--------- |
--------- |
||
Total income |
|
|
|
|
--------- |
--------- |
--------- |
||
Investment management costs |
7 |
37,839 |
37,839 |
43,383 |
|
Expenditure on charitable activities |
8,9 |
|
|
|
|
--------- |
--------- |
--------- |
|||
Total expenditure |
|
|
|
||
--------- |
--------- |
--------- |
|||
--------- |
--------- |
--------- |
|
Net expenditure |
(
|
(
|
(
|
--------- |
--------- |
--------- |
|
Gains from revaluation of fixed assets |
– |
– |
|
--------- |
--------- |
--------- |
|
Net movement in funds |
(
|
(
|
(
|
Total funds brought forward |
(
|
(
|
(
|
--------- |
--------- |
--------- |
|
Total funds carried forward |
(
|
(
|
(
|
--------- |
--------- |
--------- |
|
|
Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
|
Note |
£ |
£ |
Investments |
16 |
|
|
Debtors |
18 |
|
|
Cash at bank and in hand |
|
|
|
--------- |
--------- |
||
|
|
||
Creditors: amounts falling due within one year |
19 |
|
|
--------- |
--------- |
||
Net current assets |
|
|
|
------------ |
------------ |
||
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year |
20 |
(
|
(
|
------------ |
------------ |
||
Net liabilities |
(
|
(
|
|
------------ |
------------ |
||
Revaluation reserve |
|
|
||
Other unrestricted income funds |
(749,593) |
(586,893) |
||
--------- |
--------- |
|||
Total unrestricted funds |
(
|
(
|
||
--------- |
--------- |
|||
Total charity funds |
21 |
(
|
(
|
|
--------- |
--------- |
|||
|
Company Limited by Guarantee |
Statement of Financial Position (continued) |
|
Trustee |
|
Company Limited by Guarantee |
Notes to the Financial Statements |
Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Donations |
28,835 |
28,835 |
69,477 |
69,477 |
|
-------- |
-------- |
-------- |
-------- |
||
Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Income from investment properties |
|
|
|
|
|
--------- |
--------- |
--------- |
--------- |
||
Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Rates |
4,613 |
4,613 |
13,838 |
13,838 |
|
Professional fees |
– |
– |
1,800 |
1,800 |
|
Loan interest |
33,226 |
33,226 |
20,709 |
20,709 |
|
Heat & Light |
– |
– |
7,036 |
7,036 |
|
-------- |
-------- |
-------- |
-------- |
||
37,839 |
37,839 |
43,383 |
43,383 |
||
-------- |
-------- |
-------- |
-------- |
||
Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
£ |
£ |
||
Charitable activities |
371,256 |
371,256 |
494,772 |
494,772 |
|
Support costs |
3,135 |
3,135 |
3,040 |
3,040 |
|
--------- |
--------- |
--------- |
--------- |
||
|
|
|
|
||
--------- |
--------- |
--------- |
--------- |
||
Grant funding of activities |
Support costs |
Total funds 2023 |
Total fund 2022 |
||
£ |
£ |
£ |
£ |
||
Charitable activities |
371,256 |
486 |
371,742 |
495,411 |
|
Governance costs |
– |
2,649 |
2,649 |
2,401 |
|
--------- |
------- |
--------- |
--------- |
||
|
|
|
|
||
--------- |
------- |
--------- |
--------- |
||
Analysis of support costs activity 1 |
Total 2023 |
Total 2022 |
||
£ |
£ |
£ |
||
General office |
486 |
486 |
639 |
|
Governance costs |
2,649 |
2,649 |
2,401 |
|
------- |
------- |
------- |
||
3,135 |
3,135 |
3,040 |
||
------- |
------- |
------- |
||
2023 |
2022 |
|
£ |
£ |
|
A B C Trust |
11,500 |
– |
Amud Hatzdoko Trust |
400 |
12,000 |
Bait Limud Vchesed |
12,400 |
– |
B C G C T |
33,600 |
– |
Beth Jitzchok |
– |
15,050 |
Choimel Dalim |
10,000 |
– |
Friends of Boyan Trust |
98,000 |
– |
Friends Of Toldos Avrohom Yitzchok |
11,000 |
11,000 |
Grants £10,000 and under |
77,396 |
77,396 |
Kesser Torah |
– |
12,500 |
Kolyom Trust |
15,000 |
– |
MH Trust |
36,000 |
28,430 |
Mikve Trust |
– |
57,000 |
T T T |
35,500 |
113,500 |
The Beth Hamedrash Satmar Trust |
– |
13,000 |
Tov Vochessed |
5,000 |
40,600 |
U T A |
14,500 |
10,523 |
Yesamach Levav |
10,960 |
14,450 |
Yetev Lev Dsatmar |
– |
13,820 |
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
Total grants |
371,256 |
419,269 |
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Foreign exchange differences |
(590) |
(43) |
---- |
---- |
|
2023 |
2022 |
|
£ |
£ |
|
Independent examination of the financial statements |
2,650 |
2,400 |
------- |
------- |
|
Investment properties |
Other investments |
Total |
|
£ |
£ |
£ |
|
Cost or valuation |
|||
At 1 April 2022 |
1,350,043 |
2,097,068 |
3,447,111 |
Additions |
– |
131,695 |
131,695 |
Disposals |
– |
(86,412) |
(86,412) |
------------ |
------------ |
------------ |
|
At 31 March 2023 |
1,350,043 |
2,142,351 |
3,492,394 |
------------ |
------------ |
------------ |
|
Impairment |
|||
At 1 April 2022 and 31 March 2023 |
– |
– |
|
------------ |
------------ |
||
Carrying amount |
|||
At 31 March 2023 |
1,350,043 |
2,142,351 |
3,492,394 |
------------ |
------------ |
------------ |
|
At 31 March 2022 |
1,350,043 |
2,097,068 |
3,447,111 |
------------ |
------------ |
------------ |
|
Registered office |
Class of share |
Percentage of shares held |
|
Subsidiary undertakings |
|||
|
2nd Floor Parkgates |
Ordinary |
100 |
Bury New Road |
|||
Prestwich |
|||
Manchester |
|||
M25 0TL |
|||
Capital and reserves |
Profit/(loss) for the year |
|||
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
|
Subsidiary undertakings |
||||
|
– |
(293,222) |
– |
(1,454) |
---- |
--------- |
---- |
------- |
|
2023 |
2022 |
|
£ |
£ |
|
Other debtors |
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Accruals and deferred income |
|
|
Other creditors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Amounts owed to group undertakings |
|
|
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
At 1 April 2022 |
Income |
Expenditure |
Gains and losses |
At 31 March 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
(586,893) |
249,530 |
(412,230) |
– |
(749,593) |
Revaluation reserve |
150,000 |
– |
– |
– |
150,000 |
--------- |
--------- |
--------- |
---- |
--------- |
|
(436,893) |
249,530 |
(412,230) |
– |
(599,593) |
|
--------- |
--------- |
--------- |
---- |
--------- |
|
At 1 April 2021 |
Income |
Expenditure |
Gains and losses |
At 31 March 2022 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
(276,198) |
230,500 |
(541,195) |
– |
(586,893) |
Revaluation reserve |
– |
– |
– |
150,000 |
150,000 |
--------- |
--------- |
--------- |
--------- |
--------- |
|
(276,198) |
230,500 |
(541,195) |
150,000 |
(436,893) |
|
--------- |
--------- |
--------- |
--------- |
--------- |
|
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
||
Investments |
3,492,394 |
3,492,394 |
|
Current assets |
261,239 |
261,239 |
|
Creditors less than 1 year |
(79,362) |
(79,362) |
|
Creditors greater than 1 year |
(4,273,864) |
(4,273,864) |
|
------------ |
------------ |
||
Net liabilities |
(599,593) |
(599,593) |
|
------------ |
------------ |
||
Unrestricted Funds |
Total Funds 2022 |
||
£ |
£ |
||
Investments |
3,447,111 |
3,447,111 |
|
Current assets |
200,226 |
200,226 |
|
Creditors less than 1 year |
(86,550) |
(86,550) |
|
Creditors greater than 1 year |
(3,997,680) |
(3,997,680) |
|
------------ |
------------ |
||
Net liabilities |
(436,893) |
(436,893) |
|
------------ |
------------ |
||
2023 | 2022 | |
£ | £ | |
CSBS Trust | 10,000 | 10,000 |
2023 | 2022 | |
£ | £ | |
Ventnor Limited | 559,978 | 559,978 |
Cartleach Limited | 193,500 | 193,500 |
Nailsbourne Limited | 1,203,500 | 1,185,000 |
Sevode Limited | 543,422 | 370,396 |
Ventnor Management Limited | 360,000 | 355,000 |
Shulem Ltd | 50,000 | 50,000 |
Quadrex Ltd | 10,000 | 10,000 |
Medden Estate Co | 50,000 | 50,000 |
Avenue | 25,000 | – |