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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 |
5 |
Statement of financial activities (including income and expenditure account) |
7 |
Statement of financial position |
8 |
Statement of cash flows |
10 |
Notes to the financial statements |
11 |
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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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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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Other income |
7 |
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Total income |
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Investment management costs |
8 |
87,114 |
87,114 |
57,662 |
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Expenditure on charitable activities |
9,10 |
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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 |
£ |
£ |
£ |
Tangible fixed assets |
16 |
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Investments |
17 |
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Debtors |
18 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
19 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
20 |
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Net assets |
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Revaluation reserve |
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Other unrestricted income funds |
748,315 |
722,432 |
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Total unrestricted funds |
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Total charity funds |
21 |
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Company Limited by Guarantee |
Statement of Financial Position (continued) |
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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 |
25,883 |
234,176 |
Adjustments for: |
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Dividends, interest and rents from investments |
(40,992) |
(27,584) |
Accrued (income)/expenses |
(
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Changes in: |
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Trade and other debtors |
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Trade and other creditors |
– |
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-------- |
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Cash generated from operations |
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Net cash from operating activities |
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Dividends, interest and rents from investments |
40,992 |
27,584 |
Purchase of tangible assets |
(
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(
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Purchases of other investments |
– |
(
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--------- |
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Net cash from/(used in) investing activities |
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(
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-------- |
--------- |
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Proceeds from borrowings |
(
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-------- |
--------- |
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Net cash (used in)/from financing activities |
(
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-------- |
--------- |
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Net (decrease)/increase in cash and cash equivalents |
(
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Cash and cash equivalents at beginning of year |
126,033 |
22,220 |
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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 |
465,595 |
465,595 |
545,215 |
545,215 |
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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 |
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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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Rental income |
60,447 |
60,447 |
33,938 |
33,938 |
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Other income |
– |
– |
10,150 |
10,150 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Loan interest |
50,527 |
50,527 |
31,330 |
31,330 |
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Property repairs and maintenance charges |
36,587 |
36,587 |
26,332 |
26,332 |
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-------- |
-------- |
-------- |
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87,114 |
87,114 |
57,662 |
57,662 |
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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 grants |
449,109 |
449,109 |
318,110 |
318,110 |
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Support costs |
4,928 |
4,928 |
6,939 |
6,939 |
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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 grants |
449,109 |
967 |
450,076 |
319,289 |
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Governance costs |
– |
3,961 |
3,961 |
5,760 |
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Analysis of support costs |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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General office |
968 |
968 |
1,179 |
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Governance costs |
3,960 |
3,960 |
5,760 |
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4,928 |
4,928 |
6,939 |
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2024 |
2023 |
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£ |
£ |
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B C G C T |
36,800 |
8,700 |
Bnos Yisroel School |
– |
13,500 |
Choimel Dalim |
7,500 |
7,500 |
Community Projects |
125,912 |
66,741 |
Friends Of Beis Chinuch Lebonos |
1,750 |
12,500 |
KH D'Satmar Ltd |
24,500 |
– |
Mifal Hachesed Vehatzedokoh |
7,750 |
– |
Grants under £1,000 |
30,951 |
6,365 |
Kolyom Trust |
12,995 |
34,350 |
Relief Of Poverty |
51,601 |
88,595 |
Schools |
24,900 |
15,110 |
Shir Chesed Beis Yisroel |
– |
15,500 |
T T T |
70,450 |
15,500 |
Manchester Hachnosas Kalloh Fund |
15,500 |
– |
Yeshivos & Seminaries |
9,500 |
25,650 |
Success Stories |
14,000 |
– |
The Sanz Foundation |
15,000 |
– |
--------- |
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Total grants |
449,109 |
310,011 |
--------- |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
3,960 |
3,960 |
------- |
------- |
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Land and buildings |
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£ |
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Cost |
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At 1 July 2023 |
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Additions |
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--------- |
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At 30 June 2024 |
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Depreciation |
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At 1 July 2023 and 30 June 2024 |
– |
--------- |
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Carrying amount |
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At 30 June 2024 |
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--------- |
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At 30 June 2023 |
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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 July 2023 |
603,860 |
705,344 |
1,309,204 |
Additions |
– |
– |
– |
--------- |
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------------ |
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At 30 June 2024 |
603,860 |
705,344 |
1,309,204 |
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Impairment |
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At 1 July 2023 and 30 June 2024 |
– |
– |
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Carrying amount |
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At 30 June 2024 |
603,860 |
705,344 |
1,309,204 |
--------- |
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At 30 June 2023 |
603,860 |
705,344 |
1,309,204 |
--------- |
--------- |
------------ |
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2024 |
2023 |
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£ |
£ |
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Other debtors |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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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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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Moxley Shul Community |
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--------- |
------------ |
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At 1 July 2023 |
Income |
Expenditure |
At 30 June 2024 |
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£ |
£ |
£ |
£ |
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General funds |
722,432 |
567,034 |
(541,151) |
748,315 |
Revaluation reserve |
103,369 |
– |
– |
103,369 |
--------- |
--------- |
--------- |
--------- |
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825,801 |
567,034 |
(541,151) |
851,684 |
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At 1 July 2022 |
Income |
Expenditure |
At 30 June 2023 |
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£ |
£ |
£ |
£ |
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General funds |
488,256 |
616,887 |
(382,711) |
722,432 |
Revaluation reserve |
103,369 |
– |
– |
103,369 |
--------- |
--------- |
--------- |
--------- |
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591,625 |
616,887 |
(382,711) |
825,801 |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
523,685 |
523,685 |
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Investments |
1,309,204 |
1,309,204 |
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Current assets |
119,711 |
119,711 |
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Creditors less than 1 year |
(101,043) |
(101,043) |
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Creditors greater than 1 year |
(999,873) |
(999,873) |
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Net assets |
851,684 |
851,684 |
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------------ |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
503,685 |
503,685 |
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Investments |
1,309,204 |
1,309,204 |
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Current assets |
182,924 |
182,924 |
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Creditors less than 1 year |
(155,829) |
(155,829) |
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Creditors greater than 1 year |
(1,014,183) |
(1,014,183) |
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Net assets |
825,801 |
825,801 |
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At 1 Jul 2023 |
Cash flows |
At 30 Jun 2024 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
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(33,552) |
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Debt due within one year |
(150,070) |
52,987 |
(97,083) |
Debt due after one year |
(794,183) |
14,310 |
(779,873) |
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-------- |
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(
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(
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--------- |
-------- |
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