2023-08-31-accounts - Menorah Foundation

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		Page
ReportoftheTrustees	1	to3
ReportoftheIndependentAuditors	4	to6
StatementofFinancialActivities		7
BalanceSheet		8
CashFlowStatement		9
NotestothecashFlowStatement		10
NotestotheFinancialStatements	11	to17
DetailedStatementofFinancialActivities		18

25 June 2024

				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	f	£	£	£
INCOME AND ENDOWMENTS FROM
Donationsandlegacies	2	1,553,183		1,553,183	1,488,158
Investmentincome	3	1,147		1,147
Total		1,554,330		1,554,330	1,488,158
EXPENDITUREON
Charitable activities	4
GrantstoMenorahFoundationSchool		1,372,487		1,372,487	1,276,337
Other charitable activities		127,488		127,488	99,549
Total		1,499,975		1,499,975	1,375,886
NET INCOME		54,355		54,355	112,272
RECONCIUATION OF FUNDS
Totalfundsbroughtforward		2,408,956	65,000	2,473,956	2,361,684
TOTAL FUNDS CARRIED FORWARD		2[463,311	65,000	2,528,311	2,4731956

25 June 2024

		2023	2022
	Notes	£	£
cash flows from operating activities
Cashgenerated from operations	1	144,961	193,296
Netcashprovided_by_operating activities		144,961	193,296
Cash flows from investing activities
Purchaseoftangible fixed assets		(152,886)	(124,271)
I nterest received		1,147
Netcash used in investing activities		(151,739)	(124,271)
Changeincash and cash equivalents	in
thereporting period		(6,778)	69,025
cashandcash equivalentsatthe
beginningofthereporting period		213,242	144,217
cash and cash equivalentsattheend	of
thereportingperiod		206,464	213,242

RECONCIUATIONOF NETINCOMETONETCASH FLOWFROMOPERATINGACTIVITIES	RECONCIUATIONOF NETINCOMETONETCASH FLOWFROMOPERATINGACTIVITIES
	2023	2022
	£	£
Netincomeforthereporting period(aspertheStatementof Financial Activities}	54,355	112,272
Adjustments for: Depreciationcharges Interestreceived	76,691 (1,147)	75,194
Decrease/(increase)in debtors Increaseincreditors	8,462 6,600	(5,090) 10,920
Netcashprovided by operations	144,961	193,296

DONATIONS ANDLEGACIES
	2023	2022
	f	£
Donations	1,281,429	1,297,783
Gift aid	77,190	67,154
Grants	194,564	123,221
	1,553,183	1,488,158
Grants received, included intheabove, are as follows:
	2023	2022
	£	£
DepartmentofEducation grantforcapital improvements	194,564	123,221

	Unrestricted	Restncted	Total
	fund	fund	funds
	£	£	£
INCOME AND ENDOWMENTS FROM
Donationsandlegacies	1,4731158	151000	1,488,158
EXPENDITUREON
Charitable activities
GrantstoMenorahFoundationSchool	1,276,337		1,276,337
Other charitable activities	99,549		99,549
Total	1,375,886		1,375,886
NET INCOME	97,272	15,000	112,272
RECONCILIATIONOfFUNDS
Total funds brought forward	2,311,684	50,000	2,361,684
TOTAL FUNDS CARRIED FORWARD	2,408,956	65,000	2,473,956

TANGIBLEFIXEDASSETS
		Assets
		under	Long	Security
		construction	leasehold	equipment
		£	£	£
COST
At1September2022 Additions		41,614 4,800	2,774,324 116,586	55,110 9,933
Reclasslfication				(11,541)
At31August2023		46,414	2,890,910	53,502
DEPRECIATION
At1September2022 Chargefor year		833	604,627 57,717	49,655 3,847
Chargewrittenback		(833)
At31August2023			662,344	53,502
NETBOOKVALUE
At31August2023		46,414	2,228,566
At31August2022		40,781	2,169,697	5,455
		Fixtures
	Plantand	and	Computer
	machinery	fittings	equipment	Totals
	£	f	£	£
COST
At1september2022 Additions	145,338	30,475 9,556	46,292 12,011	3,093,153 152,886
Reclassification		11,541
At31August2023	145,338	51,572	58,303	3,246,039
DEPRECIATION
At 1September2022 Chargefor year Chargewrittenback	98,719 9,324	29,498 2,633	46,292 4,003	829,624 77,524 (833)
At31August2023	108,043	32,131	50,295	906,315
NETBOOKVALUE
At31August2023	37,295	19,441	8,008	2,339,724
At31August2022	46,619	977		2,263,529

13.	DEBTORS: AMOUNTS FALUNG DUEWITHINONE YEAR
				2023	2022
				£	£
	Other debtors			2,523	10,985
14,	CREDITORS: AMOUNTS FALUNGDUEWITHINONE YEAR
				2023	2022
				£	f
	Other creditors			20,400	13,800
15.	MOVEMENTINFUNDS
				Net
				movement	At
		At1.9.22		infunds	31.8.23
			f	£	£
	Unrestricted fUnds
	Generalfund	2,408,956		54,355	2,463,311
	Restrictedfunds
	Restrictedfund		65,000		65,000
	TOTAL FUNDS	2,473,956		54,355	2,528,311
	Netmovementinfunds,includedin theaboveareasfollows:
		Incoming		Resources	Movement
		resources		expended	infunds
			£	f	£
	Unrestricted funds
	Generalfund	1,554,330		(1,499,975)	54,355
	TOTAL FUNDS	1,554,330		(1,499,975)	54,355
	Comparativesformovementinfunds
				Net
				movement	At
		At1.9.21		in funds	31.8.22
			£	£	£
	Unrestricted funds
	Generalfund	2,311,684		97,272	2,408,956
	Restricted funds
	Restrictedfund		50,000	15,000	65,000
	TOTAL FUNDS	2,361,684		1121272	21473,956