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|The principal unrestricted|The principal unrestricted|funding|sources during the year were:||
|---|---|---|---|---|
|Parental|contribufions|||73,322|
|Gift Aid|tax recovered|||14,046|
|Interest|on cash deposits|||432|
|Donations||||7,427|
|Total||||95,227|
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||||Unrestricted|Restricted|Year ended|Period ended|
|---|---|---|---|---|---|---|
||||||31August|31August|
||||||2022|2021|
||||Funds|Funds|Total|Total|
|||Notes||f,|||
|INCOME FROM:|||||||
|Donations|and legacies||94,795||94,795|164,894|
|Investments|||432||432|64|
|Total|||95,227||95,227|164,958|
|EXPENDITURE ON:|||||||
|Charitable|activities||92,405||92,405|144,672|
|Other|||15,678|60,637|76,315|132,828|
|Total|||108,083|60,637|168,720|277,500|
|Net movement|in funds||(12,856)|(60,637)|(73,493)|(112,542)|
|Reconciliation|offunds||||||
|Total funds brought forvrard|||161,676|3,527,768|3,689,444|3,801,986|
|TOTAL FUNDS CARRIED FORWARD||12|148,820|3,467, 131|3,615,951|3,689,444|
##
##
|CLORE TIKVA SCHOOL FOUNDATION
BALANCE SHEET
AS AT31AUGUST 2022|||||Page 8|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||Funds|Funds|2022|2021|
|||||Total|Total|
||Notes|||K||
|FIKEDASSETS||||||
|Tangible assets|9|2,588|3,461,884|3,464,472|3,525,630|
|CURRENT ASSETS||||||
|Debtors|10|9,440||9,440|12,681|
|Cash at bank and in hand||149,895||149,895|159,885|
|||159,335||159335|172566|
|CREDITORS||||||
|Amounts
falling due within one year|11|(7,856)||(7,856)|(8,752)|
|NET CURRENT ASSETS||151,479||151,479|163,814|
|TOTAL ASSETSLESSCURRENT LIABILITIES||154,067|3,461,884|3,615,951|3,689,444|
|NETASSETS||154,067|3,461,884|3,615,951|3,689,444|
|FUNDS|12|||||
|Unrestricted
funds:||||||
|Genend
fund||||(45,680)|(22,824)|
|Designated
fund||||194,500|184,500|
|||||148,820|161,676|
|Restricted funds||||3,467,131|3,527,768|
|TOTAL FUNDS||||3 615951|3 689444|
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|Freehold property|2'/n on cost||
|---|---|---|
|Freehold land|Nil||
|Improvements
toproperly|15'/o on reducing|balance|
|Fixtures and fittings|25'/o on reducing|balance|
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|INCOME|FROM DONATIONS
AND LEGACIES|||
|---|---|---|---|
|||Year ended|Period ended|
|||31August|31August|
|||2022|2021|
|Donations||7,427|34,367|
|Gift Aid||14,046|19,675|
|Parental contributions||73,322|110,852|
|||94,795|164,894|
|INVKSTMKNT INCOME||||
|||2022|2021|
|Deposit account interest||432|64|
|CHARITABLE ACTIVITIES COSTS||||
|||2022|2021|
|Education|costs (note 5)|81,719|136,711|
|Governance|costs (note 6)|5,286|7,961|
|Staff loan written off||5,400||
|||92,405|144,672|
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|5.|EDUCATION CO||ST|S||||
|---|---|---|---|---|---|---|---|
||||||Year ended|Period|ended|
||||||31August|31August||
||||||2022|2021||
|||||||g||
||Education direct costs||||81,425|136,493||
||Bank charges||||294||218|
||The charity contributed|||towards the statf costs ofClore Tikva School|81,719|136,711||
|6.|GOVERNANCE COSTS|||||||
||||||2022|2021||
|||||||g||
||Accountancy||||2,144||3,461|
||Book-keeping||||2,261||3,123|
||Change ofCharity's||name||||50|
||VAT on governance||costs||881||1,327|
||||||5,286||7,961|
|7.|OTHER|||||||
||||||2022|2021||
||Computer
equipments,|||Ipads, sound and projection systems||||
||and new web-site|for||school||14,819||
||Teaching software||||1,255|||
||Curriculum
costs||||2,613||2,550|
||School sport equipment||||983|||
||Insurance||||312||412|
||Depreciation||||61,158|86,892||
||Postage and stationery||||||1,114|
||Donations|||||16,203||
||Security costs||||1,053||(963)|
||10%Govt contributions||||565||4,662|
||Event and graduation||expenses||||1,015|
||Advertising||||||327|
||Books, periodicals|and||reference materials|3 723||462|
||Subcontractors||||3,450||4,537|
||Sundries||||1,203||798|
||||||76315|132828||
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Improvements|Fixtures and|Totals|
||property|to property|fittings||
|||f.|||
|COST/VALUATION|||||
|At 1 September 2021|4,754,932|23,644|21,058|4,799,634|
|Additions|||||
|At 31August 2022|4,754,932|23,644|21,058|4,799,634|
|DEPRECIATION|||||
|At 1 September 2021|1,232,411|21,079|20,514|1774,004|
|Charge for year|60,637|385|136|61,158|
|At 31August 2022|1,293,048|21,464|20,650|1,335,162|
|NETBOOKVALUE|||||
|At 31August 2022|3,461,884|2,180|408|3,464,472|
|At 31August 2021|3,522,521|2,565|544|3,525,630|
##
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR|||
|---|---|---|
||Year ended|Period ended|
||31August|31August|
||2022|2021|
|||g|
|Clore Tikva loan|5,488|6,488|
|Gift Aid receivable|3,835|840|
|Prepayment|117|5,353|
||9,440|12,681|
|CREDITORS AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||2022|2021|
||8||
|Accruals and deferred income|7,856|8,752|
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|||Net||Transfers||
|---|---|---|---|---|---|
|||movement|in|between||
||At I/9/2021|funds||funds|At 31/8/22|
|Unrestricted
funds||||||
|General fund|(22,824)|(12,856)||(10,000)|(45,680)|
|Designated
fund|184,500|||10,000|194,500|
||161,676|(12,856)|||148,820|
|Restricted funds||||||
|Restricted funds|3,527,768|(60,637)|||3,467,131|
|TOTAL FUNDS|3,689,444|(73,493)|||3,615,951|
|Net movement
in funds, included in the above are as follows:||||||
|||Incoming||Resources|Movement|
|||resources||expended|in funds|
|Unrestricted
funds||||||
|General Fund||95,227||108,083|(12,856)|
|Restricted fends||||||
|Restricted funds||||60,637|(60,637)|
|TOTAL FUNDS||95,227||168,720|(73,493)|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2020|
||||Notes|||g|
|INCOME|FROM:||||||
|Donations|and|legacies||143,444|21,450|164,894|
|Investments||||64||64|
|Total||||143,508|21,450|164,958|
|EXPENDITURE ON:|||||||
|Charitable|activities|||144,672||144,672|
|Other||||30,722|102,106|132,828|
|Total||||175,394|102,106|277,500|
|Net movement||in funds||(31,886)|(80,656)|(112,542)|
|Total funds brought forward||||193,562|3,608,424|3,801,986|
|TOTAL FUNDS CARRIED FORWARD|||12|161,676|3,527,768|3,689,444|