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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 |
5 |
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Statement of financial activities (including income and expenditure account) |
7 |
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Statement of financial position |
8 |
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Statement of cash flows |
10 |
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Notes to the financial statements |
11 |
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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 |
2nd Floor Parkgates |
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office |
Bury New Road |
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Prestwich |
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Manchester |
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M25 0TL |
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(Appointed
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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 |
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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 |
6 |
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Total income |
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Investment management costs |
7 |
11,244 |
11,244 |
41,590 |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net income/(expenditure) 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 |
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 |
1,605,850 |
1,307,101 |
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Total unrestricted funds |
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Total charity funds |
21 |
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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/(expenditure) |
298,749 |
(13,973) |
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Adjustments for: |
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Depreciation of tangible fixed assets |
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Dividends, interest and rents from investments |
(97,361) |
(63,700) |
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Other interest receivable and similar income |
(
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(
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Accrued income |
(
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(
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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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(
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Interest received |
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Net cash from/(used in) operating activities |
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(
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Dividends, interest and rents from investments |
97,361 |
63,700 |
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Purchases of other investments |
(
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– |
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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 in cash and cash equivalents |
(
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(
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Cash and cash equivalents at beginning of year |
1,032,983 |
1,056,219 |
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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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Fixtures and fittings |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
397,000 |
397,000 |
157,750 |
157,750 |
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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 |
97,361 |
97,361 |
63,700 |
63,700 |
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Bank interest receivable |
7,438 |
7,438 |
869 |
869 |
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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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Property repairs and maintenance charges |
150 |
150 |
11,158 |
11,158 |
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Interest on loans |
11,094 |
11,094 |
30,432 |
30,432 |
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11,244 |
11,244 |
41,590 |
41,590 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Charitable grants |
178,320 |
178,320 |
176,406 |
176,406 |
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Support costs |
13,486 |
13,486 |
18,296 |
18,296 |
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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 |
178,320 |
10,736 |
189,056 |
191,951 |
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Governance costs |
– |
2,750 |
2,750 |
2,751 |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Premises |
143 |
143 |
169 |
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General office |
10,593 |
10,593 |
15,376 |
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Governance costs |
2,750 |
2,750 |
2,751 |
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13,486 |
13,486 |
18,296 |
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2024 |
2023 |
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£ |
£ |
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Amud Hatzdoko Trust |
6,300 |
18,150 |
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Beth Aharon Trust Ltd |
– |
5,100 |
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Beis Ruchel |
– |
13,650 |
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Chevras Maoz Ledal |
9,450 |
28,650 |
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Cong Veyoel Moshe |
– |
5,050 |
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Cong Yetev Lev |
51,000 |
– |
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Grants under £5000 |
26,150 |
61,906 |
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Hatzolo Trust |
– |
8,250 |
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Kupat Yismach Lev |
5,000 |
– |
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Kupath Gemach Chaim Bechesed |
5,000 |
– |
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KYL Central Shul Trust |
10,270 |
– |
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Mekadshei Shevii |
50,000 |
– |
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Mifal Hachesed Vehatzdoko |
– |
5,650 |
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Mifal Tzedoko Vochessed |
5,000 |
– |
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The Well Trust |
– |
10,000 |
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The Z.S.V. Trust |
5,000 |
– |
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Tomchei Avreichim |
5,150 |
– |
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Tomchei Torah Vuchessed |
– |
5,000 |
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Yeshivas Daas Sholom |
– |
15,000 |
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Total grants |
178,320 |
176,406 |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
143 |
169 |
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---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
2,750 |
2,750 |
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Fixtures and fittings |
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£ |
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Cost |
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At 1 October 2023 and 30 September 2024 |
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Depreciation |
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At 1 October 2023 |
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Charge for the year |
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At 30 September 2024 |
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Carrying amount |
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At 30 September 2024 |
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At 30 September 2023 |
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Investment properties |
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£ |
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Cost or valuation |
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At 1 October 2023 |
1,500,000 |
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Additions |
367,940 |
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At 30 September 2024 |
1,867,940 |
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Impairment |
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At 1 October 2023 and 30 September 2024 |
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Carrying amount |
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At 30 September 2024 |
1,867,940 |
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At 30 September 2023 |
1,500,000 |
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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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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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Social security and other taxes |
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– |
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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 October 2023 |
Income |
Expenditure |
At 30 September 2024 |
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£ |
£ |
£ |
£ |
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General funds |
1,307,101 |
501,799 |
(203,050) |
1,605,850 |
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Revaluation reserve |
449,080 |
– |
– |
449,080 |
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--------- |
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1,756,181 |
501,799 |
(203,050) |
2,054,930 |
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At 1 October 2022 |
Income |
Expenditure |
At 30 September 2023 |
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£ |
£ |
£ |
£ |
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General funds |
1,321,074 |
222,319 |
(236,292) |
1,307,101 |
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Revaluation reserve |
449,080 |
– |
– |
449,080 |
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1,770,154 |
222,319 |
(236,292) |
1,756,181 |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
813 |
813 |
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Investments |
1,867,940 |
1,867,940 |
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Current assets |
602,358 |
602,358 |
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Creditors less than 1 year |
(416,181) |
(416,181) |
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Creditors greater than 1 year |
– |
– |
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Net assets |
2,054,930 |
2,054,930 |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
956 |
956 |
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Investments |
1,500,000 |
1,500,000 |
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Current assets |
1,044,108 |
1,044,108 |
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Creditors less than 1 year |
(413,405) |
(413,405) |
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Creditors greater than 1 year |
(375,478) |
(375,478) |
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Net assets |
1,756,181 |
1,756,181 |
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At 1 Oct 2023 |
Cash flows |
At 30 Sep 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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(440,625) |
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Debt due after one year |
(375,478) |
375,478 |
– |
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------------ |
--------- |
--------- |
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(
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------------ |
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