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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 |
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 |
16 Grasmere Street |
office |
Gateshead |
United Kingdom |
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NE8 1TR |
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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) |
Year to 30 Jun 24 |
Period from 15 Jun 22 to 30 Jun 23 |
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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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– |
--------- |
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Total income |
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--------- |
--------- |
--------- |
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Expenditure on charitable activities |
7,8 |
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--------- |
--------- |
--------- |
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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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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 |
£ |
£ |
Investments |
14 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
15 |
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------- |
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Net current liabilities |
(
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Total assets less current liabilities |
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--------- |
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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 |
16 |
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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 |
764,962 |
216,711 |
Adjustments for: |
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Dividends, interest and rents from investments |
(30,715) |
– |
Accrued expenses |
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Changes in: |
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Trade and other creditors |
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– |
--------- |
--------- |
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Cash generated from operations |
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--------- |
--------- |
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Net cash from operating activities |
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--------- |
--------- |
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Dividends, interest and rents from investments |
30,715 |
– |
Purchases of other investments |
(
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(
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Proceeds from sale of other investments |
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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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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
4,937 |
– |
-------- |
------- |
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Cash and cash equivalents at end of year |
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------- |
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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 |
570,750 |
570,750 |
5,000 |
5,000 |
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Gift of properties |
180,650 |
180,650 |
212,674 |
212,674 |
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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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-------- |
-------- |
---- |
---- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Support Costs |
11,500 |
11,500 |
– |
– |
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Support costs |
5,653 |
5,653 |
963 |
963 |
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-------- |
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---- |
---- |
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-------- |
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Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Support Costs |
11,500 |
2,653 |
14,153 |
63 |
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Governance costs |
– |
3,000 |
3,000 |
900 |
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-------- |
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-------- |
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-------- |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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General office |
2,653 |
2,653 |
63 |
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Governance costs |
3,000 |
3,000 |
900 |
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5,653 |
5,653 |
963 |
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------- |
---- |
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Period from |
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Year to |
15 Jun 22 to |
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30 Jun 24 |
30 Jun 23 |
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£ |
£ |
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Ateres High School |
5,000 |
– |
Sunderland Talmudical College |
6,500 |
– |
-------- |
---- |
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– |
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-------- |
---- |
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Total grants |
11,500 |
– |
-------- |
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Period from |
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Year to |
15 Jun 22 to |
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30 Jun 24 |
30 Jun 23 |
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£ |
£ |
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Independent examination of the financial statements |
3,000 |
900 |
------- |
---- |
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Investment properties |
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£ |
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Cost or valuation |
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At 1 July 2023 |
212,674 |
Additions |
824,513 |
Disposals |
(46,157) |
--------- |
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At 30 June 2024 |
991,030 |
--------- |
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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 |
991,030 |
--------- |
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At 30 June 2023 |
212,674 |
--------- |
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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 1 July 2023 |
Income |
Expenditure |
At 30 June 2024 |
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£ |
£ |
£ |
£ |
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General funds |
216,711 |
782,115 |
(17,153) |
981,673 |
--------- |
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-------- |
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At 15 June 2022 |
Income |
Expenditure |
At 30 June 2023 |
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£ |
£ |
£ |
£ |
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General funds |
– |
217,674 |
(963) |
216,711 |
---- |
--------- |
---- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Investments |
991,030 |
991,030 |
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Current assets |
14,643 |
14,643 |
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Creditors less than 1 year |
(24,000) |
(24,000) |
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--------- |
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Net assets |
981,673 |
981,673 |
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--------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Investments |
212,674 |
212,674 |
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Current assets |
4,937 |
4,937 |
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Creditors less than 1 year |
(900) |
(900) |
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--------- |
--------- |
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Net assets |
216,711 |
216,711 |
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At 1 Jul 2023 |
Cash flows |
At 30 Jun 2024 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
|
9,706 |
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