2021-08-31-accounts - Yavneh Foundation Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Trustees' Report		1	to	4
Report ofthe Independent Auditors		5	to	7
Statement ofFinancial	Activities
Statement ofFinancial	Position
Statement ofCash Fto&vs			10
Notes to the Financial	Statements	11	to	18
Detailed Statement of	Financial Activities		19

		F	OR THK	YEAR E	NDED 31STA	UGUST 2021
							31.8.21	31.8.20
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes
INCOME AND ENDOWMENTS			FROM
Donations and legacies						1,029,252	1,029,252	846,209
Charitable activities
Depatsment ofEducation	grants					94,051	94,051	71,916
Fundraising event Other income						189&873	189,873	~67 710
Total						1,313,176	1,313,176	985,835
EXPENDITURE ON
Charitable activities
Yavneh College Academy		Trust			561	1,073&277	1,073,838	959,353
Educational visit to Poland								77,261
Yavneh Foundation Trust						6,720	6,720	7,560
Total					561	1,079,997	1,080,558	1,044, 174
NET INCOME/(EXPENDITURE)					(561)	233,179	232,618	(58,339)
RECONCILIATION OF		FUNDS
Total funds brought fomvard					251,193	591,166	842,359	900,698
TOTAL FUNDS CARRIED FORWARD					250,632	~824 345	1,074,977	~842 359

				STATEMENT OF	CASH FLOWS
		FOR THE YEAR ENDED 31STAUGUST 2021
					31.8.21	31.8.20
				Notes
Cash flows froia operating activities Cash generated from operations				16	153,094	~506 23)
Net cash provided by/(used	in) operating			activities	153,094	~506 23)
Change in cash and cash equivalents			in
the reporting period					153,094	(506,223)
Cash and cash equivalents	at the
beginning ofthe reporting	period				658,182	1 164,405
Cash and cash equivalents the reporting period	at the	end	of		811,276	~658 182

DONATIONS	AND LEGACIES	AND LEGACIES
					31.8.21	31.8.20
Donations					860,215	727,405
Gift Aid					169,037	118,804
					1,029,252	846,209
In 2020 the total	income fiom donations		and gift aid was to restricted	funds.
FUNDRAISING		EVENT
					31.8.21	31.8.20
					f
Fund raising event					~189 873

											31.8.21	31.8.20
					Activity						f
	Grants				Department		of	Education	grants		94,051	~71 916
	In 2020 the total income from charitable					activities was to			restricted	funds.
5.	OTHER INCOME
											31.8.21	31.8.20
	Educational	visit to	Poland									67710
	In 2020 the total other income was to restricted							funds.
6.	CHARITABLE ACTIVITIES				COSTS
										Direct	Support
										Costs (see	costs (see
										note 7)	note 8)	Totals
	Yavneh College Academy Yavneh Foundation Ttmst			Trust						1,073,838	~6720	1,073,838 6,720
									~1,073 838		6,720	1,080,558
7.	DIRECT COSTS OF CHARITABLE ACTIVITIES
											31.8.21	31.8.20
	Educational	visit to	Poland									77,261
	Sundry expenses										860	2,159
	Fundraising	event costs									10,543
	Contributions	to Yavneh College Academy					Trust				1,061,874	903,827
	Donations in	kind										52,948
	Bank charges										561	419
											~1073,838	1,036,614

							Governance
							costs
							f
	Yavneh	Foundation	Trust				6,720
	Support	costs, included		in	the above, are as follows;
						31.8.21	31.8.20
						Yavneh
						Foundation	Total
						Trust	actwtttes
	Auditors'	remuneration				~6720	7,560
9.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)				is stated atter chatging/(crediting):
						31.8.21	31.8.20
	Auditors'	remuneration				6,720	7 560

									31.8.21	31.8.20
	Other debtors								74,333	16,960
	Prepayments and		accrued		income				12,523	5 922
									86,856	22 882
13.	CREDITORS:	AMOUNTS FALLING DUE WITHIN ONK					YEAR
									31.8.21	31.8.20
	Trade creditors								26,125	26,123
	Other creditors								3,940	],710
	Accruals and deferred			income					43,090	60 872
									73,155	88,705
14.	MOVEMENT	IN FUNDS
							J&tet		Transfers
							movement		between	At
						At 1.9.20	in	funds	funds	31.8.21
						f
	Unrestricted funds
	General fund					251&193		(561)		250,632
	Restricted funds
	Jewish Studies					487,194	(61,283)		86,050	511,961
	Grants					3,836	94,052		(86,050)	11,838
	Pennies With Purpose					1&358				1,358
	Dr, D Coleman	Memorial			Fund	4,765				4,765
	Yavneh College	classroom				4,960				4,960
	Yavneh Primary		School donation			89,053				89,053
	Yavneh College	improvements					~200 410			200,410
						~591 166	~233 179			824,345
	TOTAL FUNDS					842,359	~232 618			1,074,977

		Incoming	Resources	Movement
		resources	expended	in funds
				g
Unrestricted	funds
General fund			(561)	(561)
Restricted funds
Jewish Studies		1,008,171	(1,069,454)	(61483)
Grants Yavneh College improvements		94,052 ~210953	~10543)	94,052 ~200 410
		~1313176	~1079997)	~233 179
TOTAL FUNDS		~1313176	~1080558)	~232 618

												Incoming	Resources		Movement	Movement	Movement
												resources	expended			in funds
Unrestricted	funds
General fund													(856)				(856)
Restricted funds
Jewish Studies												846,208	(913,109)			(66,901)
Grants												71,916				71,916
Educational visit			to Poland									67,711	(77,261)			(9,550)
Pennies With	Purpose												(12,981)			(12,981)
Yavneh Primary			School donation										(39,967)			(39,967)
												985,835	~1,043,318)	~57,483)
TOTAL FUNDS												985,835	~1,044,174)	~58,339)
Name offund				Description,			nature		and purpose	of	the fund
Jewish Studies	and			Funded	by	voluntary			contriltutions	from		pupils towards Jewish Studies.
Yeshiva visits
Grants				Grants were			received		from the Government's Jewish Community					Protective
				Security	towards			the	security cost	incuned by the Yavneh College				and	Yavneh
				Primary	School,
Educational visits			to Isnel	Educational			visits that are funded			either		by bursaries or self-funded		by	the
and Poland				pupils.
PenniesWithPurpose				Fund raising			activity		led by the students			with the	aim ofcollecting	six million
				pennies	to	be donated			to good causes.
Dr. D Coleman	Memorial			Fund raising			activity		with the aim	ofdonating to good causes.
Fund
Yavneh College				Legacy	donation			received to purchase			interactive		white boards.
classroom
Yavneh Primary		School		Donations		from Yavneh parents/grandparent and							voluntary doners	towards
donation				Jewish Studies.
Yavneh College				Fund raising			activity		with the aim	ofcarrying out			repairs and maintenance			to	the
Improvements				buildings	owned			by YCAT

16.	RECONCILIATION OF	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	NET INCOME/(EXPENDITURE)	TO NET CASH	FLOW FROM
	OPERATING ACTIVITIES
						31.8.21	31.8.20
	Net income/(expenditure)	for the reporting		period (as per the
	Statement ofFinancial Activities)					232,618	(58,339)
	Adjustments for:
	(increase)/decrease in debtors					(63,974)	12,713
	Decrease in creditors					~15550)	~460 597)
	Net cash provided by/(used		in) operations			~153094	~506 223)
17.	ANALYSIS OF CHANGES		IN NET FUNDS
					At 1.9.20	Cash flow	At 31.8.21
							f
	Net cash
	Cash at bank				~658 182	~153094	811,276
	Total				~658 182	~153094	~811 276