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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 examiner's report to the trustees |
3 |
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Statement of financial activities (including income and expenditure account) |
4 |
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Statement of financial position |
5 |
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Statement of cash flows |
7 |
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Notes to the financial statements |
8 |
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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 |
315-317 Great Clowes Street |
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office |
Salford |
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England |
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M7 2FZ |
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Independent examiner |
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158 Cromwell Road |
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Salford |
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M6 6DE |
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Trustee |
Charity Secretary |
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Company Limited by Guarantee |
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Independent Examiner's Report to the Trustees of
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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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Investment income |
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Total income |
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Costs of raising donations |
6 |
12,418 |
12,418 |
18,662 |
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Investment management costs |
64,584 |
64,584 |
– |
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Expenditure on charitable activities |
7,8 |
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Total expenditure |
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Net income |
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Gains from revaluation of fixed assets |
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– |
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--------- |
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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 |
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Statement of Financial Position |
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2024 |
2023 |
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Note |
£ |
£ |
£ |
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Intangible assets |
15 |
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Tangible fixed assets |
16 |
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Debtors |
17 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
18 |
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Net current liabilities |
(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
19 |
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Net assets |
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Revaluation reserve |
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– |
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Other unrestricted income funds |
1,626,761 |
1,511,213 |
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Total unrestricted funds |
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Total charity funds |
20 |
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Company Limited by Guarantee |
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Statement of Financial Position (continued) |
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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 income |
115,548 |
415,578 |
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Adjustments for: |
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Depreciation of tangible fixed assets |
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Amortisation of intangible assets |
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Dividends, interest and rents from investments |
(33,635) |
(24,039) |
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Other interest receivable and similar income |
(
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(
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Interest payable and similar charges |
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Accrued expenses |
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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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Interest received |
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Net cash from operating activities |
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Dividends, interest and rents from investments |
33,635 |
24,039 |
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Purchase of tangible assets |
(
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(
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Net cash used in investing activities |
(
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(
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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 |
75,077 |
67,652 |
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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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Software |
- |
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Equipment |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations and Legacies |
644,562 |
644,562 |
705,865 |
705,865 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Fundraising costs |
12,418 |
12,418 |
18,662 |
18,662 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
507,851 |
507,851 |
304,650 |
304,650 |
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Support costs |
2,500 |
2,500 |
2,500 |
2,500 |
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Activities undertaken directly |
Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
£ |
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Charitable activities |
113,404 |
394,447 |
– |
507,851 |
304,650 |
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Governance costs |
– |
– |
2,500 |
2,500 |
2,500 |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Governance costs |
2,500 |
2,500 |
2,500 |
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2024 |
2023 |
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£ |
£ |
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Tchabe Kollel Ltd |
25,000 |
– |
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Bederech Kovod |
57,148 |
20,751 |
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Yeshuas Chaim Synagogue |
– |
2,500 |
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Beis Ruchel School |
– |
12,539 |
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Chasdei Aharon Ltd |
20,000 |
35,000 |
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Choimel Dalim |
– |
5,000 |
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Tov Vochesed |
– |
3,792 |
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Congregation Sharei Sholom Ltd |
– |
20,000 |
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Grants under £2000 |
8,687 |
2,562 |
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Start Upright |
25,000 |
20,000 |
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Bemosh Ltd |
– |
9,925 |
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Chernobel Shul |
45,000 |
– |
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Menicho Vesimcho |
3,000 |
– |
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Shir Chesed Beis Yisroel |
10,000 |
– |
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Talmud Torah Yetev Lev |
40,000 |
– |
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Yeshiva Ketane D'satmar |
5,300 |
5,200 |
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Zoreya Tzedokos |
– |
26,313 |
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Chasdei Sholom Trust |
– |
7,000 |
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Chasdei Yoel Charitable Trust |
85,127 |
25,960 |
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Hadras Kodesh |
– |
8,000 |
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Yeshuos Shabbos |
25,000 |
– |
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--------- |
--------- |
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Relief of poverty |
45,185 |
31,406 |
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Total grants |
394,447 |
235,948 |
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2024 |
2023 |
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£ |
£ |
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Amortisation of intangible assets |
323 |
404 |
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Depreciation of tangible fixed assets |
3,071 |
3,839 |
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Operating lease rentals |
– |
180 |
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------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
2,500 |
2,500 |
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Development costs |
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£ |
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Cost |
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At 1 September 2023 and 31 August 2024 |
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Amortisation |
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At 1 September 2023 |
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Charge for the year |
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At 31 August 2024 |
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Carrying amount |
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At 31 August 2024 |
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At 31 August 2023 |
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Land and buildings |
Equipment |
Total |
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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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Revaluations |
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– |
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At 31 August 2024 |
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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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At 31 August 2024 |
– |
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Carrying amount |
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At 31 August 2024 |
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At 31 August 2023 |
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-------- |
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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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Accruals and deferred income |
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Other creditors |
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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 |
Gains and losses |
At 31 August 2024 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
1,511,213 |
702,901 |
(587,353) |
– |
1,626,761 |
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Revaluation reserve |
– |
– |
– |
100,000 |
100,000 |
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1,511,213 |
702,901 |
(587,353) |
100,000 |
1,726,761 |
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At 1 September 2022 |
Income |
Expenditure |
Gains and losses |
At 31 August 2023 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
1,095,635 |
741,390 |
(325,812) |
– |
1,511,213 |
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Revaluation reserve |
– |
– |
– |
– |
– |
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--------- |
--------- |
---- |
------------ |
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1,095,635 |
741,390 |
(325,812) |
– |
1,511,213 |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Intangible assets |
1,292 |
1,292 |
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Tangible fixed assets |
2,456,659 |
2,456,659 |
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Current assets |
268,026 |
268,026 |
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Creditors less than 1 year |
(526,735) |
(526,735) |
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Creditors greater than 1 year |
(572,481) |
(572,481) |
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Net assets |
1,626,761 |
1,626,761 |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Intangible assets |
1,615 |
1,615 |
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Tangible fixed assets |
2,031,417 |
2,031,417 |
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Current assets |
438,414 |
438,414 |
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Creditors less than 1 year |
(349,069) |
(349,069) |
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Creditors greater than 1 year |
(611,164) |
(611,164) |
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Net assets |
1,511,213 |
1,511,213 |
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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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(40,388) |
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Debt due after one year |
(611,164) |
38,683 |
(572,481) |
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--------- |
-------- |
--------- |
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(
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(
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(
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--------- |
-------- |
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