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Company Limited by Guarantee |
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Company Limited by Guarantee |
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Financial Statements |
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Page |
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Trustees' annual report (incorporating the director's report) |
1 |
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Independent auditor's report to the members |
5 |
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Statement of financial activities (including income and expenditure account) |
9 |
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Statement of financial position |
10 |
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Statement of cash flows |
11 |
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Notes to the financial statements |
12 |
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Company Limited by Guarantee |
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Trustees' Annual Report (Incorporating the Director's Report) |
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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 |
103 High Street |
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office |
Waltham Cross |
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EN8 7AN |
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England |
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Company secretary |
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Auditor |
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Chartered accountants & statutory auditor |
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103 High Street |
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Waltham Cross |
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Herts |
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EN8 7AN |
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Trustee |
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Company Limited by Guarantee |
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Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
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For and on behalf of |
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Chartered accountants & statutory auditor |
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103 High Street |
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Waltham Cross |
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Herts |
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EN8 7AN |
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Company Limited by Guarantee |
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Statement of Financial Activities |
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(including income and expenditure account) |
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2024 |
2023 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
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Donations and legacies |
5 |
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Charitable activities |
6 |
– |
– |
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Other trading activities |
7 |
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Total income |
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Costs of other trading activities |
8 |
44,124 |
44,124 |
56,876 |
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Expenditure on charitable activities |
9,10 |
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Total expenditure |
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Net (expenditure)/income and net movement in funds |
(
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(
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Total funds brought forward |
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Total funds carried forward |
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Company Limited by Guarantee |
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Statement of Financial Position |
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2024 |
2023 |
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Note |
£ |
£ |
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Tangible fixed assets |
13 |
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– |
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Investments |
14 |
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Debtors |
15 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
16 |
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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 |
17 |
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Net assets |
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Revaluation reserve |
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Other unrestricted income funds |
4,864,930 |
4,898,722 |
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Total unrestricted funds |
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Total charity funds |
18 |
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Trustee |
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Company Limited by Guarantee |
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Statement of Cash Flows |
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2024 |
2023 |
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£ |
£ |
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Net (expenditure)/income |
(33,792) |
357,161 |
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Adjustments for: |
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Depreciation of tangible fixed assets |
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– |
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Interest payable and similar charges |
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Changes in: |
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Trade and other debtors |
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(
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Trade and other creditors |
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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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Net cash from operating activities |
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Purchase of tangible assets |
(
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– |
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Proceeds from sale of tangible assets |
– |
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Purchases of other investments |
– |
(20,300) |
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Net cash (used in)/from investing activities |
(
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Proceeds from borrowings |
(
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(
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Net cash used in 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 |
14,895 |
3,305 |
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Cash and cash equivalents at end of year |
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Company Limited by Guarantee |
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Notes to the Financial Statements |
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Plant and machinery |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
773,485 |
773,485 |
761,470 |
761,470 |
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Grants |
13,250 |
13,250 |
50,000 |
50,000 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Other income |
– |
– |
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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 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Costs of other trading activities - Other activity 1 |
44,124 |
44,124 |
56,876 |
56,876 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Activity type 1 |
639,453 |
639,453 |
160,021 |
160,021 |
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Activity type 2 |
1,027,445 |
1,027,445 |
1,173,735 |
1,173,735 |
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Activity type 3 |
325 |
325 |
83 |
83 |
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Activity type 4 |
11,000 |
11,000 |
27,313 |
27,313 |
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Support costs |
8,280 |
8,280 |
8,281 |
8,281 |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Activity type 1 |
639,453 |
– |
639,453 |
160,021 |
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Activity type 2 |
1,027,445 |
– |
1,027,445 |
1,173,735 |
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Activity type 3 |
325 |
– |
325 |
83 |
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Activity type 4 |
11,000 |
– |
11,000 |
27,313 |
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Governance costs |
– |
8,280 |
8,280 |
8,281 |
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------- |
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2024 |
2023 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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------- |
------- |
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Plant and machinery |
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£ |
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Cost |
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At 1 September 2023 |
– |
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Additions |
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------- |
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At 31 August 2024 |
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------- |
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Depreciation |
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At 1 September 2023 |
– |
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Charge for the year |
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------- |
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At 31 August 2024 |
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------- |
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Carrying amount |
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At 31 August 2024 |
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------- |
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At 31 August 2023 |
– |
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Investment properties |
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£ |
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Cost or valuation |
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At 1 September 2023 and 31 August 2024 |
11,655,371 |
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Impairment |
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At 1 September 2023 and 31 August 2024 |
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Carrying amount |
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At 31 August 2024 |
11,655,371 |
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At 31 August 2023 |
11,655,371 |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Amounts owed by connected company |
930
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– |
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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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Trade creditors |
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Accruals and deferred income |
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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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At 1 September 2023 |
Income |
Expenditure |
At 31 August 2024 |
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£ |
£ |
£ |
£ |
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General funds |
4,898,722 |
1,696,835 |
(1,730,627) |
4,864,930 |
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Revaluation reserve |
5,916,489 |
– |
– |
5,916,489 |
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10,815,211 |
1,696,835 |
(1,730,627) |
10,781,419 |
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At 1 September 2022 |
Income |
Expenditure |
At 31 August 2023 |
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£ |
£ |
£ |
£ |
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General funds |
4,541,561 |
1,783,470 |
(1,426,309) |
4,898,722 |
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Revaluation reserve |
5,916,489 |
– |
– |
5,916,489 |
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10,458,050 |
1,783,470 |
(1,426,309) |
10,815,211 |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
11,661,151 |
11,661,151 |
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Current assets |
401,473 |
401,473 |
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Creditors less than 1 year |
(183,711) |
(183,711) |
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Creditors greater than 1 year |
(1,097,494) |
(1,097,494) |
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Net assets |
10,781,419 |
10,781,419 |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
11,655,371 |
11,655,371 |
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Current assets |
470,095 |
470,095 |
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Creditors less than 1 year |
(160,059) |
(160,059) |
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Creditors greater than 1 year |
(1,150,196) |
(1,150,196) |
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Net assets |
10,815,211 |
10,815,211 |
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At 1 Sep 2023 |
Cash flows |
At 31 Aug 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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(14,352) |
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Debt due within one year |
(115,261) |
(21,283) |
(136,544) |
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Debt due after one year |
(1,150,196) |
52,702 |
(1,097,494) |
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------------ |
-------- |
------------ |
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(
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(
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------------ |
-------- |
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