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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) |
8 |
Statement of financial position |
9 |
Notes to the financial statements |
10 |
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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) |
2023 |
2022 |
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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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Total income |
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Investment management costs |
7 |
191,265 |
191,265 |
68,657 |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net gains/(losses) on investments |
12 |
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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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Total funds brought forward |
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Total funds carried forward |
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Company Limited by Guarantee |
Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Investments |
16 |
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Debtors |
17 |
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Cash at bank and in hand |
– |
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Creditors: amounts falling due within one year |
18 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Unrestricted funds |
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------------ |
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Total charity funds |
19 |
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Trustee |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Donations |
184,025 |
184,025 |
306,403 |
306,403 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Income from investment properties |
218,303 |
218,303 |
202,911 |
202,911 |
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Bank interest receivable |
12 |
12 |
15 |
15 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Rent collection |
191,265 |
191,265 |
68,657 |
68,657 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Charitable grants |
239,750 |
239,750 |
172,300 |
172,300 |
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Support costs |
2,720 |
2,720 |
2,769 |
2,769 |
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Grant funding of activities |
Support costs |
Total funds 2023 |
Total fund 2022 |
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£ |
£ |
£ |
£ |
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Charitable grants |
239,750 |
319 |
240,069 |
172,578 |
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Governance costs |
– |
2,401 |
2,401 |
2,491 |
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Analysis of support costs activity 1 |
Total 2023 |
Total 2022 |
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£ |
£ |
£ |
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General office |
319 |
319 |
279 |
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Governance costs |
2,401 |
2,401 |
2,400 |
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2,720 |
2,720 |
2,679 |
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2023 |
2022 |
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£ |
£ |
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Achisomoch |
30,000 |
30,000 |
Ateres Mordechai |
30,000 |
12,000 |
Beis Midrash Lemoroth |
– |
6,500 |
Comet CT |
– |
4,500 |
Debmar Benevolent |
45,250 |
– |
Format CT |
5,000 |
– |
Friends Of Asos Chesed |
30,000 |
35,000 |
Friends Of Beis Chinuch Lebonos |
13,000 |
2,000 |
Friends Of Beis Soroh Schenirer |
12,000 |
17,500 |
Grants under £5000 |
21,000 |
25,300 |
Heichal Hatorah |
12,000 |
6,000 |
Menorah HIgh School |
9,500 |
6,000 |
Menorah Primary School |
6,000 |
3,000 |
Merkaz Hatorah Belz Machnovka |
6,000 |
5,000 |
Mifal Hachessed Vehatzdoko |
– |
4,000 |
North London Welfare |
6,000 |
– |
One Heart-Lev Echod |
– |
3,000 |
Theo Radcliffe Memorial Fund |
– |
3,000 |
Tiferes High School |
9,000 |
9,500 |
Zayis Raanon |
5,000 |
– |
--------- |
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Total grants |
239,750 |
172,300 |
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Unrestricted Funds |
Total Funds 2023 |
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
£ |
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Gains/(losses) on investment property |
12,710 |
12,710 |
22,202 |
22,202 |
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Gains/(losses) on revaluation of investment assets |
– |
– |
(340,000) |
(340,000) |
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-------- |
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(
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(
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-------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Independent examination of the financial statements |
2,400 |
2,400 |
------- |
------- |
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Investment properties |
Other investments |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 December 2022 |
2,515,360 |
581,563 |
3,096,923 |
Additions |
214,750 |
12,219 |
226,969 |
Disposals |
(130,000) |
(45,250) |
(175,250) |
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At 30 November 2023 |
2,600,110 |
548,532 |
3,148,642 |
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Impairment |
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At 1 December 2022 and 30 November 2023 |
– |
– |
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Carrying amount |
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At 30 November 2023 |
2,600,110 |
548,532 |
3,148,642 |
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At 30 November 2022 |
2,515,360 |
581,563 |
3,096,923 |
------------ |
--------- |
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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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Accruals and deferred income |
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Director loan accounts |
– |
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------- |
-------- |
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------- |
-------- |
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At 1 December 2022 |
Income |
Expenditure |
Gains and losses |
At 30 November 2023 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
3,201,672 |
402,340 |
(433,735) |
12,710 |
3,182,987 |
------------ |
--------- |
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-------- |
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At 1 December 2021 |
Income |
Expenditure |
Gains and losses |
At 30 November 2022 |
|
£ |
£ |
£ |
£ |
£ |
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General funds |
3,253,867 |
509,329 |
(243,726) |
(317,798) |
3,201,672 |
------------ |
--------- |
--------- |
--------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Investments |
3,148,642 |
3,148,642 |
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Current assets |
36,745 |
36,745 |
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Creditors less than 1 year |
(2,400) |
(2,400) |
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------------ |
------------ |
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Net assets |
3,182,987 |
3,182,987 |
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------------ |
------------ |
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Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
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Investments |
3,096,923 |
3,096,923 |
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Current assets |
157,149 |
157,149 |
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Creditors less than 1 year |
(52,400) |
(52,400) |
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------------ |
------------ |
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Net assets |
3,201,672 |
3,201,672 |
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