|
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) |
2024 |
2023 |
||
Unrestricted funds |
Total funds |
Total funds |
|
Note |
£ |
£ |
£ |
Donations and legacies |
5 |
|
|
|
Investment income |
6 |
|
|
|
--------- |
--------- |
--------- |
||
Total income |
|
|
|
|
--------- |
--------- |
--------- |
||
Investment management costs |
7 |
66,613 |
66,613 |
37,839 |
|
Expenditure on charitable activities |
8,9 |
|
|
|
|
--------- |
--------- |
--------- |
|||
Total expenditure |
|
|
|
||
--------- |
--------- |
--------- |
|||
--------- |
--------- |
--------- |
|
Net expenditure and net movement in funds |
(
|
(
|
(
|
--------- |
--------- |
--------- |
|
Total funds brought forward |
(
|
(
|
(
|
--------- |
--------- |
--------- |
|
Total funds carried forward |
(
|
(
|
(
|
--------- |
--------- |
--------- |
|
|
Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
|
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 |
(764,700) |
(749,593) |
||
--------- |
--------- |
|||
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 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Donations |
48,220 |
48,220 |
28,835 |
28,835 |
|
-------- |
-------- |
-------- |
-------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Income from investment properties |
|
|
|
|
|
-------- |
-------- |
--------- |
--------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Rates |
9,488 |
9,488 |
4,613 |
4,613 |
|
Property repairs and maintenance charges |
8,249 |
8,249 |
– |
– |
|
Professional fees |
2,000 |
2,000 |
– |
– |
|
Loan interest |
46,876 |
46,876 |
33,226 |
33,226 |
|
-------- |
-------- |
-------- |
-------- |
||
66,613 |
66,613 |
37,839 |
37,839 |
||
-------- |
-------- |
-------- |
-------- |
||
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
||
Charitable activities |
77,955 |
77,955 |
371,256 |
371,256 |
|
Support costs |
3,421 |
3,421 |
3,135 |
3,135 |
|
-------- |
-------- |
--------- |
--------- |
||
|
|
|
|
||
-------- |
-------- |
--------- |
--------- |
||
Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
||
£ |
£ |
£ |
£ |
||
Charitable activities |
77,955 |
770 |
78,725 |
371,742 |
|
Governance costs |
– |
2,651 |
2,651 |
2,649 |
|
-------- |
------- |
-------- |
--------- |
||
|
|
|
|
||
-------- |
------- |
-------- |
--------- |
||
Analysis of support costs |
Total 2024 |
Total 2023 |
||
£ |
£ |
£ |
||
General office |
770 |
770 |
486 |
|
Governance costs |
2,651 |
2,651 |
2,649 |
|
------- |
------- |
------- |
||
3,421 |
3,421 |
3,135 |
||
------- |
------- |
------- |
||
2024 |
2023 |
|
£ |
£ |
|
A B C Trust |
– |
11,500 |
Ahavas Chesed Trust |
5,000 |
– |
Bait Limud Vchesed |
– |
12,400 |
B C G C T |
– |
33,600 |
Choimel Dalim |
– |
10,000 |
Friends of Boyan Trust |
– |
98,000 |
Friends Of Toldos Avrohom Yitzchok |
10,425 |
11,000 |
Grants under £5,000 |
14,830 |
77,796 |
Kolyom Trust |
– |
15,000 |
MH Trust |
13,000 |
36,000 |
T T T |
16,000 |
35,500 |
Tov Vochessed |
10,000 |
5,000 |
U T A |
– |
14,500 |
Yesamach Levav |
8,700 |
10,960 |
-------- |
--------- |
|
|
|
|
-------- |
--------- |
|
Total grants |
77,955 |
371,256 |
-------- |
--------- |
|
2024 |
2023 |
|
£ |
£ |
|
Foreign exchange differences |
– |
(590) |
---- |
---- |
|
2024 |
2023 |
|
£ |
£ |
|
Independent examination of the financial statements |
2,650 |
2,650 |
------- |
------- |
|
Investment properties |
Shares in group undertakings |
Other investments |
Total |
|
£ |
£ |
£ |
£ |
|
Cost or valuation |
||||
At 1 April 2023 |
1,350,042 |
1 |
2,142,351 |
3,492,394 |
Additions |
– |
– |
(7,601) |
(7,601) |
Disposals |
– |
– |
(58,800) |
(58,800) |
------------ |
---- |
------------ |
------------ |
|
At 31 March 2024 |
1,350,042 |
1 |
2,075,950 |
3,425,993 |
------------ |
---- |
------------ |
------------ |
|
Impairment |
||||
At 1 April 2023 and 31 March 2024 |
– |
– |
– |
|
---- |
------------ |
------------ |
||
Carrying amount |
||||
At 31 March 2024 |
1,350,042 |
1 |
2,075,950 |
3,425,993 |
------------ |
---- |
------------ |
------------ |
|
At 31 March 2023 |
1,350,042 |
1 |
2,142,351 |
3,492,394 |
------------ |
---- |
------------ |
------------ |
|
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 |
|||
2024 |
2023 |
2024 |
2023 |
|
£ |
£ |
£ |
£ |
|
Subsidiary undertakings |
||||
|
293,450 |
293,650 |
(
|
429 |
--------- |
--------- |
---- |
---- |
|
2024 |
2023 |
|
£ |
£ |
|
Other debtors |
|
|
--------- |
--------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Accruals and deferred income |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Amounts owed to group undertakings |
|
|
Other creditors |
|
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
At 1 April 2023 |
Income |
Expenditure |
At 31 March 2024 |
|
£ |
£ |
£ |
£ |
|
General funds |
(749,593) |
132,882 |
(147,989) |
(764,700) |
Revaluation reserve |
150,000 |
– |
– |
150,000 |
--------- |
--------- |
--------- |
--------- |
|
(599,593) |
132,882 |
(147,989) |
(614,700) |
|
--------- |
--------- |
--------- |
--------- |
|
At 1 April 2022 |
Income |
Expenditure |
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) |
|
--------- |
--------- |
--------- |
--------- |
|
Unrestricted Funds |
Total Funds 2024 |
||
£ |
£ |
||
Investments |
3,425,993 |
3,425,993 |
|
Current assets |
229,785 |
229,785 |
|
Creditors less than 1 year |
(57,242) |
(57,242) |
|
Creditors greater than 1 year |
(4,213,236) |
(4,213,236) |
|
------------ |
------------ |
||
Net liabilities |
(614,700) |
(614,700) |
|
------------ |
------------ |
||
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) |
|
------------ |
------------ |
||
2024 | 2023 | |
£ | £ | |
Ventnor Limited | 559,978 | 559,978 |
Cartleach Limited | 196,800 | 193,500 |
Nailsbourne Limited | 1,203,300 | 1,203,500 |
Sevode Limited | 527,000 | 527,000 |
Ventnor Management Limited | 350,000 | 360,000 |
Shulem Ltd | 50,000 | 50,000 |
Quadrex Ltd | 10,000 | 10,000 |
Medden Estate Co | 50,000 | 50,000 |
Avenue | 25,000 | 25,000 |