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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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Pages |
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Trustees' annual report (incorporating the director's report) |
1 to 4 |
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Independent auditor's report to the trustees. |
5 to 9 |
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Statement of financial activities (including income and expenditure account) |
10 |
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Statement of financial position |
11 |
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Statement of cash flows |
12 |
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Notes to the financial statements |
13 to 19 |
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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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(Retired
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(Appointed
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Company secretary |
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Auditor |
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Accountants & statutory auditor |
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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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Bankers |
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Nine Brindleyplace |
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Birmingham |
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B1 2HB |
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Trustee |
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Company Limited by Guarantee |
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Independent Auditor's Report to the Trustees. |
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(Senior Statutory Auditor) |
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For and on behalf of |
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Accountants & statutory auditor |
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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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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 |
655,335 |
655,335 |
668,128 |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net income/(expenditure) |
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(
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Gains from revaluation of fixed assets |
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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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Investments |
15 |
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Debtors |
16 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
17 |
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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 |
18 |
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Net assets |
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Revaluation reserve |
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Other unrestricted income funds |
1,927,460 |
1,876,444 |
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Total unrestricted funds |
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Total charity funds |
19 |
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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) |
51,016 |
(74,756) |
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Adjustments for: |
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Dividends, interest and rents from investments |
(926,443) |
(788,543) |
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Other interest receivable and similar income |
(
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(
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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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Cash generated from operations |
(
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(
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Interest received |
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Net cash used in operating activities |
(
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(
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Dividends, interest and rents from investments |
926,443 |
788,543 |
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Purchases of other investments |
(
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(46,177)
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Net cash 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 |
120,491 |
122,282 |
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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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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
45,650 |
45,650 |
69,900 |
69,900 |
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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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Income from investment properties |
926,443 |
926,443 |
788,543 |
788,543 |
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Bank interest receivable |
1,028 |
1,028 |
2,333 |
2,333 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Rent collection |
343,777 |
343,777 |
374,422 |
374,422 |
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Interest payable |
311,558 |
311,558 |
293,706 |
293,706 |
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--------- |
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655,335 |
655,335 |
668,128 |
668,128 |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Charitable grants |
258,938 |
258,938 |
260,290 |
260,290 |
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Support costs |
7,832 |
7,832 |
7,114 |
7,114 |
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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 |
258,938 |
251 |
259,189 |
260,694 |
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Governance costs |
– |
7,581 |
7,581 |
6,710 |
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Analysis of support costs |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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General office |
251 |
251 |
404 |
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Governance costs |
7,580 |
7,580 |
6,711 |
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------- |
------- |
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7,831 |
7,831 |
7,115 |
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2024 |
2023 |
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£ |
£ |
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Beis Hamidrash Shaarei Tefilloh |
7,700 |
– |
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Grants £6,000 and under |
34,138 |
36,396 |
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Amudei Olam |
7,000 |
10,400 |
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Amutat Etzei Rachel |
– |
8,750 |
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British Friends of Rinat Ahron |
49,750 |
7,700 |
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Keren Zichron Shlomo |
15,200 |
– |
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Reshet Mosdos Bakriyot Hadatiyot |
18,000 |
– |
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Tefillas Shlomo |
12,000 |
– |
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Lehava Shel Torah |
19,200 |
19,200 |
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Lev Aharon |
– |
20,000 |
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Matan B'seser |
16,150 |
32,500 |
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Mishol Tmicha Vsiuah Kehilaty |
32,400 |
60,694 |
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VHLT Ltd |
17,500 |
– |
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Ohel Chaim |
2,000 |
16,500 |
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Teshuvah Tefilloh Tzedokoh |
2,500 |
18,000 |
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Yeshiva Gedola Nezer Hatorah |
4,700 |
10,150 |
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Yiddisher Kunst |
16,500 |
10,000 |
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Ziv Hakehilla |
– |
4,000 |
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Religious grants |
4,200 |
6,000 |
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Total grants |
258,938 |
260,290 |
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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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Other non-audit services |
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------- |
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Investment properties |
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£ |
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Cost or valuation |
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At 1 November 2023 |
6,475,000 |
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Additions |
90,711 |
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Fair value movements |
519,289 |
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At 31 October 2024 |
7,085,000 |
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Impairment |
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At 1 November 2023 and 31 October 2024 |
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Carrying amount |
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At 31 October 2024 |
7,085,000 |
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At 31 October 2023 |
6,475,000 |
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2024 |
2023 |
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£ |
£ |
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Trade debtors |
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Other debtors |
– |
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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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Social security and other taxes |
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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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Other creditors |
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At 1 November 2023 |
Income |
Expenditure |
Gains and losses |
At 31 October 2024 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
1,876,444 |
973,121 |
(922,105) |
– |
1,927,460 |
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Revaluation reserve |
1,208,506 |
– |
– |
519,288 |
1,727,794 |
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------------ |
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--------- |
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3,084,950 |
973,121 |
(922,105) |
519,288 |
3,655,254 |
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At 1 November 2022 |
Income |
Expenditure |
Gains and losses |
At 31 October 2023 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
1,951,200 |
860,776 |
(935,532) |
– |
1,876,444 |
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Revaluation reserve |
699,683 |
– |
– |
508,823 |
1,208,506 |
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------------ |
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--------- |
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2,650,883 |
860,776 |
(935,532) |
508,823 |
3,084,950 |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Investments |
7,085,000 |
7,085,000 |
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Current assets |
498,366 |
498,366 |
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Creditors less than 1 year |
(231,534) |
(231,534) |
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Creditors greater than 1 year |
(3,696,578) |
(3,696,578) |
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Net assets |
3,655,254 |
3,655,254 |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Investments |
6,475,000 |
6,475,000 |
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Current assets |
599,849 |
599,849 |
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Creditors less than 1 year |
(220,107) |
(220,107) |
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Creditors greater than 1 year |
(3,769,792) |
(3,769,792) |
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Net assets |
3,084,950 |
3,084,950 |
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At 1 Nov 2023 |
Cash flows |
At 31 Oct 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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(112,368) |
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Debt due within one year |
(76,641) |
(8,595) |
(85,236) |
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Debt due after one year |
(3,025,276) |
93,831 |
(2,931,445) |
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------------ |
--------- |
------------ |
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(
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(
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(
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------------ |
--------- |
------------ |
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