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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Pages |
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Trustees' annual report (incorporating the director's report) |
1 to 3 |
Independent examiner's report to the trustees |
4 |
Statement of financial activities (including income and expenditure account) |
5 |
Statement of financial position |
6 |
Statement of cash flows |
7 |
Notes to the financial statements |
8 to 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 |
Heaton House |
office |
148 Bury Old Road |
Manchester |
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M7 4SE |
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Company secretary |
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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) |
2024 |
2023 |
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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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--------- |
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Investment management costs |
7 |
3,600 |
3,600 |
– |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net income and net movement in funds |
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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 |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Investments |
15 |
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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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--------- |
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Unrestricted funds |
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--------- |
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Total charity funds |
19 |
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--------- |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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Net income |
134,856 |
48,256 |
Adjustments for: |
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Dividends, interest and rents from investments |
(60,611) |
(75,856) |
Other interest receivable and similar income |
(
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(
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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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--------- |
-------- |
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Cash generated from operations |
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(
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Interest received |
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-------- |
-------- |
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Net cash from/(used in) operating activities |
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(
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-------- |
-------- |
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Dividends, interest and rents from investments |
60,611 |
75,856 |
-------- |
-------- |
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Net cash from investing activities |
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-------- |
-------- |
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
31,287 |
18,050 |
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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 |
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
496,294 |
496,294 |
56,569 |
56,569 |
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--------- |
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-------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Income from investment properties |
60,611 |
60,611 |
75,856 |
75,856 |
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Other interest receivable |
2,192 |
2,192 |
2,052 |
2,052 |
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-------- |
-------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Administration of investments |
3,600 |
3,600 |
– |
– |
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------- |
------- |
---- |
---- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
417,490 |
417,490 |
83,210 |
83,210 |
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Support costs |
3,151 |
3,151 |
3,011 |
3,011 |
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Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
417,490 |
– |
417,490 |
83,210 |
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Governance costs |
– |
3,151 |
3,151 |
3,011 |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Governance costs |
3,150 |
3,150 |
3,011 |
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2024 |
2023 |
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£ |
£ |
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Asser Bishvil |
20,000 |
– |
Chasdei Shlomo |
17,000 |
– |
Chernobyl Shul |
70,000 |
– |
Cong Yetev Lev |
17,500 |
– |
Pesach Project |
40,000 |
– |
Rosecare Foundation |
36,150 |
– |
Yeshivas Holyland |
62,000 |
– |
Yesoiday Hatorah Multi Academy Trust Manchester |
– |
40,000 |
Zoreya Tzedokos |
16,500 |
– |
Grants under £15,000 |
138,340 |
43,210 |
--------- |
-------- |
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Total grants |
417,490 |
83,210 |
--------- |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
2,820 |
2,820 |
------- |
------- |
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Shares in group undertakings |
Other investments |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 30 March 2023 |
50 |
451,178 |
451,228 |
Additions |
– |
– |
– |
Fair value movements |
– |
60,611 |
60,611 |
Other movements |
– |
(51,111) |
(51,111) |
---- |
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At 29 March 2024 |
50 |
460,678 |
460,728 |
---- |
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Impairment |
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At 30 March 2023 and 29 March 2024 |
– |
– |
– |
---- |
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Carrying amount |
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At 29 March 2024 |
50 |
460,678 |
460,728 |
---- |
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At 29 March 2023 |
50 |
451,178 |
451,228 |
---- |
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Registered office |
Class of share |
Percentage of shares held |
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Subsidiary undertakings |
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Heaton House |
Ordinary |
100 |
148 Bury Old Road |
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Manchester |
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M7 4SE |
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2024 |
2023 |
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£ |
£ |
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Amounts owed by group undertakings |
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HMRC Gift aid due |
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– |
Other debtors |
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--------- |
--------- |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Accruals and deferred income |
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Other creditors |
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--------- |
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At 30 March 2023 |
Income |
Expenditure |
At 29 March 2024 |
|
£ |
£ |
£ |
£ |
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General funds |
476,866 |
559,097 |
(424,241) |
611,722 |
--------- |
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--------- |
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At 30 March 2022 |
Income |
Expenditure |
At 29 March 2023 |
|
£ |
£ |
£ |
£ |
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General funds |
428,610 |
134,477 |
(86,221) |
476,866 |
--------- |
--------- |
-------- |
--------- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
460,728 |
460,728 |
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Current assets |
423,038 |
423,038 |
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Creditors less than 1 year |
(272,044) |
(272,044) |
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--------- |
--------- |
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Net assets |
611,722 |
611,722 |
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--------- |
--------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
451,228 |
451,228 |
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Current assets |
297,682 |
297,682 |
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Creditors less than 1 year |
(272,044) |
(272,044) |
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--------- |
--------- |
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Net assets |
476,866 |
476,866 |
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--------- |
--------- |
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At 30 Mar 2023 |
Cash flows |
At 29 Mar 2024 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
|
122,570 |
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-------- |
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Company Limited by Guarantee |
Notes to the Financial Statements (continued) |
2024 | 2023 | |
£ | £ | |
Localtrent Limited | 20,000 | 20,000 |
Ardina Limited | 99,135 | 99,135 |
Cong Yetev Lev D'Satmar M/C Ltd | 70,000 | 70,000 |
2024 | 2023 | |
£ | £ | |
Mandley Estates Limited | 185,000 | 185,000 |
Mountland Ltd | 988 | 988 |