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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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England |
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(Appointed
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(Resigned
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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 |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
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Charitable activities |
6 |
– |
– |
– |
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Investment income |
7 |
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– |
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Other income |
8 |
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– |
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Total income |
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--------- |
--------- |
--------- |
--------- |
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Costs of raising donations and legacies |
9 |
26,946 |
– |
26,946 |
12,433 |
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Expenditure on charitable activities |
10,11 |
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Total expenditure |
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Net income and net movement in funds |
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(
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--------- |
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Total funds brought forward |
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------------ |
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Total funds carried forward |
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– |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Tangible fixed assets |
17 |
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Debtors |
18 |
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– |
Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
19 |
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-------- |
-------- |
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Net current assets |
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------------ |
------------ |
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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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------------ |
------------ |
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Net assets |
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------------ |
------------ |
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Restricted funds |
– |
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Revaluation reserve |
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Other unrestricted income funds |
864,097 |
777,429 |
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Total unrestricted funds |
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Total charity funds |
22 |
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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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Net income |
59,444 |
47,729 |
Adjustments for: |
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Depreciation of tangible fixed assets |
35,038 |
32,584 |
Other interest receivable and similar income |
(
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(
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Interest payable and similar charges |
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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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--------- |
--------- |
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Cash generated from operations |
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Interest paid |
(
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(
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Interest received |
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--------- |
--------- |
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Net cash from operating activities |
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--------- |
--------- |
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Purchase of tangible assets |
(
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(
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--------- |
--------- |
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Net cash 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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--------- |
--------- |
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Net cash used in financing activities |
(
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(
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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 |
88,784 |
56,611 |
-------- |
-------- |
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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 |
Freehold property |
- |
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Fixtures and fittings |
- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Donations |
561,837 |
– |
561,837 |
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CST grants receivable |
– |
92,341 |
92,341 |
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National lottery grant |
– |
– |
– |
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Delapage |
– |
40,000 |
40,000 |
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--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Donations |
492,763 |
– |
492,763 |
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CST grants receivable |
– |
77,678 |
77,678 |
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National lottery grant |
– |
9,990 |
9,990 |
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Delapage |
– |
– |
– |
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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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Other income from charitable activities |
– |
– |
|
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|
---- |
---- |
------- |
------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
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Bank interest receivable |
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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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Other income |
41,161 |
41,161 |
45,970 |
45,970 |
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Voluntary contributions |
142,880 |
142,880 |
116,302 |
116,302 |
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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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Sundry fundraising expenses |
26,946 |
26,946 |
12,433 |
12,433 |
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-------- |
-------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
£ |
£ |
£ |
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College running costs |
616,532 |
153,383 |
769,915 |
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Support costs |
21,984 |
– |
21,984 |
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--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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College running costs |
601,292 |
66,626 |
667,918 |
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Support costs |
22,551 |
– |
22,551 |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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College running costs |
769,915 |
20,184 |
790,099 |
688,070 |
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Governance costs |
– |
1,800 |
1,800 |
2,399 |
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--------- |
-------- |
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Analysis of support costs |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Staff costs |
9,199 |
9,199 |
8,075 |
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Premises |
9,000 |
9,000 |
6,770 |
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General office |
1,985 |
1,985 |
5,306 |
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Governance costs |
1,800 |
1,800 |
2,399 |
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-------- |
-------- |
-------- |
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21,984 |
21,984 |
22,550 |
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-------- |
-------- |
-------- |
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2024 |
2023 |
|
£ |
£ |
|
Depreciation of tangible fixed assets |
35,038 |
32,585 |
-------- |
-------- |
|
2024 |
2023 |
|
£ |
£ |
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Independent examination of the financial statements |
1,800 |
2,400 |
------- |
------- |
|
2024 |
2023 |
|
£ |
£ |
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Wages and salaries |
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Employer contributions to pension plans |
1,193 |
812 |
--------- |
--------- |
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--------- |
--------- |
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2024 |
2023 |
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No. |
No. |
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Teaching staff |
16 |
14 |
Admin Staff |
1 |
1 |
---- |
---- |
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17 |
15 |
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---- |
---- |
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Freehold property |
Fixtures and fittings |
Sefer Torah |
Total |
|
£ |
£ |
£ |
£ |
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Cost or revaluation |
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At 1 August 2023 |
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– |
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Additions |
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------------ |
------- |
-------- |
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At 31 July 2024 |
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------------ |
------- |
-------- |
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Depreciation |
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At 1 August 2023 |
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– |
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Charge for the year |
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– |
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------------ |
------- |
-------- |
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At 31 July 2024 |
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– |
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------------ |
------- |
-------- |
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Carrying amount |
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At 31 July 2024 |
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------------ |
------- |
-------- |
------------ |
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At 31 July 2023 |
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|
– |
|
------------ |
------- |
-------- |
------------ |
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2024 |
2023 |
|
£ |
£ |
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Other debtors |
|
– |
---- |
---- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
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Accruals and deferred income |
|
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Social security and other taxes |
– |
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Other creditors |
|
|
-------- |
-------- |
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|
-------- |
-------- |
|
2024 |
2023 |
|
£ |
£ |
|
Bank loans and overdrafts |
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Other creditors |
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--------- |
--------- |
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--------- |
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At 1 August 2023 |
Income |
Expenditure |
Transfers |
At 31 July 2024 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
777,429 |
745,948 |
(665,462) |
6,182 |
864,097 |
Revaluation reserve |
187,936 |
– |
– |
(6,182) |
181,754 |
--------- |
--------- |
--------- |
------- |
------------ |
|
965,365 |
745,948 |
(665,462) |
– |
1,045,851 |
|
--------- |
--------- |
--------- |
------- |
------------ |
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At 1 August 2022 |
Income |
Expenditure |
Transfers |
At 31 July 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
750,742 |
662,963 |
(636,276) |
– |
777,429 |
Revaluation reserve |
187,936 |
– |
– |
– |
187,936 |
--------- |
--------- |
--------- |
---- |
--------- |
|
938,678 |
662,963 |
(636,276) |
– |
965,365 |
|
--------- |
--------- |
--------- |
---- |
--------- |
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At 1 August 2023 |
Income |
Expenditure |
Transfers |
At 31 July 2024 |
|
£ |
£ |
£ |
£ |
£ |
|
Restricted fund - grants receivable |
21,042 |
132,341 |
(153,383) |
– |
– |
-------- |
--------- |
--------- |
---- |
---- |
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At 1 August 2022 |
Income |
Expenditure |
Transfers |
At 31 July 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
Restricted fund - grants receivable |
– |
87,668 |
(66,626) |
– |
21,042 |
---- |
-------- |
-------- |
---- |
-------- |
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Unrestricted Funds |
Total Funds 2024 |
||
£ |
£ |
||
Tangible fixed assets |
1,632,879 |
1,632,879 |
|
Current assets |
62,647 |
62,647 |
|
Creditors less than 1 year |
(48,814) |
(48,814) |
|
Creditors greater than 1 year |
(600,861) |
(600,861) |
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------------ |
------------ |
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Net assets |
1,045,851 |
1,045,851 |
|
------------ |
------------ |
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Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
||
Tangible fixed assets |
1,568,405 |
1,568,405 |
|
Current assets |
88,784 |
88,784 |
|
Creditors less than 1 year |
(59,729) |
(59,729) |
|
Creditors greater than 1 year |
(611,053) |
(611,053) |
|
------------ |
------------ |
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Net assets |
986,407 |
986,407 |
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------------ |
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At 1 Aug 2023 |
Cash flows |
At 31 Jul 2024 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
(26,142) |
|
Debt due within one year |
(30,150) |
8,150 |
(22,000) |
Debt due after one year |
(561,053) |
12,192 |
(548,861) |
--------- |
-------- |
--------- |
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(
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(
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(
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--------- |
-------- |
--------- |
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