| FORT | HE YEAR E | NDED 31STAUG | UST 2022 | |||||
|---|---|---|---|---|---|---|---|---|
| 31.8.22 | 31.8.21 | |||||||
| Uruvstricted | Restricted | Total | Total | |||||
| fund | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME | AND ENDOWMENTS FROM | |||||||
| Donations | and legacies | 985,094 | 985,094 | 1,029,252 | ||||
| Charitable | activities | |||||||
| Department | ofEducation | grants | 80,410 | 80,410 | 94,051 | |||
| Fundraising | event | 2,500 | 2,500 | 189,873 | ||||
| Other income | 421/44 | 421444 | ||||||
| Total | 1,489,248 | 1,489,248 | 1,313,176 | |||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Yavneh College Academy | Trust | 1,538482 | 1,538482 | 1,073,838 | ||||
| Yavneh Foundation Trust |
8,100 | 8,100 | 6,720 | |||||
| Total | 1,546,482 | 1,546,482 | 1,080,558 | |||||
| NET INCOME/(EXPENDITURE) | (57434) | (57434) | 232,618 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought forward |
250,632 | 824445 | 1,074,977 | 842,359 ! |
|||
| TOTAL FUNDS CARRIED FORWARD | 250,632 | 767,111 | 1,017,743 | 1,074,977 |
| 31STA | UGUST 2022 | |||||
|---|---|---|---|---|---|---|
| 31.8.22 | 31.8.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | 8 | f | ||||
| FIXEDASSETS | ||||||
| Tangible assets | I I | 250,000 | 250,000 | 250,000 | ||
| CURRENT ASSETS | ||||||
| Debtors | 12 | 105,517 | 105,517 | 86,856 | ||
| Cash at bank | 632 | 930,096 | 930,728 | 811276 | ||
| 632 | 1,035,613 | 1,036)245 | 898,132 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 13 | (268,502) | (268,502) | (73,155) | |
| NET CURRENT ASSETS | 632 | ~767 111 | ~767 743 | ~824 977 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 250,632 | 767,111 | 1,017,743 | 1,074,977 | ||
| NET ASSETS | 250,632 | 767,111 | ~1,017743 | ~1074,977 | ||
| FUNDS | 14 | |||||
| Unrestricted funds |
250,632 | 250,632 | ||||
| Restricted funds | 767,111 | 824,345 | ||||
| TOTAL FUNDS | 1,017,743 | ~1074977 |
| STATEMENT OFCASH FLOWS | STATEMENT OFCASH FLOWS | STATEMENT OFCASH FLOWS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| FORTHE YEARENDED3 | STA | T2022 | |||||||
| 31.8.22 | 31.8.21 | ||||||||
| Notes | f | ||||||||
| Cash flows from operating | activitias | ||||||||
| Cash generated from operations |
16 | 119,452 | 153,094 | ||||||
| Net cash provided by operating |
activities | 119,452 | 153,094 | ||||||
| Change in cash and cash equivalents | in | the | |||||||
| reporting period |
119,452 | 153,094 | |||||||
| Cash and cash equivalents | at | the beginning | of | 1 | |||||
| the reporting period |
811476 | 658,182 | i | ||||||
| Cash and cash equivalents | at | the end | ofthe | ||||||
| reporting period |
930,728 | 811,276 |
| 31.8.22 | 31.8.21 | ||||
|---|---|---|---|---|---|
| Donations | 852,581 | 860,215 | |||
| Gifi Aid | 132,513 | 169,037 | |||
| 985,094 | 1,029452 | ||||
| In 2021 the total income from donations | and gifi aid was to restricted | funds. | |||
| FUNDRAISING | EVENT | ||||
| 31.8.22 | 31.8.21 | ||||
| Fund raising event | 2,500 | 189,873 |
| NOTES TO | NOTES TO | THE FINANCIAL STATEMENTS - continued | THE FINANCIAL STATEMENTS - continued | |||||
|---|---|---|---|---|---|---|---|---|
| FORTHE YEAR ENDED | I TAUGUST 2022 | |||||||
| 4. | INCOME | FROM CHARITABLE ACTIVITIES | ||||||
| 31.8.22 | 31.8.21 | |||||||
| Activity | ||||||||
| Grants | Department ofEducation | grants | 80,410 | 94,051 | ||||
| In 2021 the total income from charitable | activities was to restricted funds. | |||||||
| 5. | OTHER INCOME | |||||||
| 31.8.22 | 31.8.21 | |||||||
| f. | ||||||||
| Educational | visits to Poland | 144,032 | ||||||
| Educational | visit to Israel | 277,212 | ||||||
| 421444 | ||||||||
| 6. | CHARITABLE ACTIVITIES | COSTS | ||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 7) | note 8) | Totals | ||||||
| Yavneh College Academy | Trust | 1,538482 | 1,538382 | |||||
| Yavneh Foundation Trust |
8,100 | 8,100 | ||||||
| 1,538482 | 8,100 | 1,546,482 | ||||||
| DIRECT COSTS OFCHARITABLE | ACTIVITIES | |||||||
| 31.8.22 | 31.8.21 | |||||||
| Educational | visits to Poland | 155,872 | ||||||
| Educational | visit to Israel | 266,890 | ||||||
| Sundry expenses | 107 | 860 | ||||||
| Fundraising | event costs | 10,543 | ||||||
| Contributions to YCAT |
1,046,155 | 1,061,874 | ||||||
| Donations | in kind | 68488 | ||||||
| Bank charges | 970 | 561 | ||||||
| 1,538482 | 1,073,838 |
| Governance | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| costs | ||||||||||||
| Yavneh Foundation Trust |
8,100 | |||||||||||
| Support | costs, included | in | the above, | are | as follows: | |||||||
| 31.8.22 | 31.8.21 | |||||||||||
| Yavneh | ||||||||||||
| Foundation | Total | |||||||||||
| Trust | activities | |||||||||||
| 8 | ||||||||||||
| Auditors' | remuneration | 8,100 | 6,720 | |||||||||
| 9. | NET INCOME/(EXPENDITURE) | |||||||||||
| Net incoming(expenditure) | is stated ager charging/(crediting): | |||||||||||
| 31.8.22 | 31.8.21 | |||||||||||
| Auditors' | remuneration | 8,100 | 6,720 | |||||||||
| lb. | TRUSTEES' REMUNERATION | AND BENEFITS | ||||||||||
| There were no trustees' |
remuneration | or other | benefits | for the year | ended | 31st August | 2022 nor for the year ended |
|||||
| 31stAugust 2021. | ||||||||||||
| Trustees' | expenses |
| TANGIBLE FIXEDASSETS | |
|---|---|
| Freehold | |
| Property | |
| COST | |
| At 1st September 2021 and 31stAugust 2022 | 250,000 |
| NET BOOK VALUE | |
| At 31st August 2022 | 250,000 |
| At 31st August 2021 | 250,000 |
| DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 31.8.22 | 31.8.21 | ||
| g | f. | ||
| Other debtors | 98,938 | 74,333 | |
| Prepayments | and accrued income | 6,579 | 12,523 |
| 105&517 | 86,856 | ||
| CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR | |||
| 31.8.22 | 31.8.21 | ||
| f | |||
| Trade creditors | 219,045 | 26,125 | |
| Other creditors | 3,940 | 3,940 | |
| Accruals and |
deferred income | 45,517 | 43,090 |
| 268,502 | 73,155 | ||
| MOVEMENT IN FUNDS |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.9.21 | in funds | funds | 31.8.22 | ||||
| f. | |||||||
| Unrestricted funds |
|||||||
| General | fund | 250,632 | 250,632 | ||||
| Restricted funds | |||||||
| Jewish | Studies | 511,961 | (84,106) | 87,828 | 515,683 | ||
| Grants | 11,838 | 80,410 | (85,669) | 6,579 | |||
| Educational visits to Poland |
2,159 | (2,159) | |||||
| Educational visit |
to Israel | 10422 | 10422 | ||||
| Pennies | With Purpose | 1458 | 1458 | ||||
| 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 | (66,019) | 134491 | |||
| 824445 | (57/34) | 767,111 | |||||
| TOTALFUNDS | 1,074,977 | (57434) | 1,017,743 |
| Incoming | Resources | Movement | ||||||
|---|---|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||||
| Restricted funds |
||||||||
| Jewish Studies | 971,095 | (1,055401) | (84,106) | |||||
| Grants | 80,410 | 80,410 | ||||||
| Educational visits to Poland |
158,031 | (155,872) | 2,159 | |||||
| Educational visit |
to Israel | 277,212 | (266,890) | 10/22 | ||||
| Yavneh College | improvements | 2,500 | (68419) | (66,019) | ||||
| 1,489,248 | (1,546,482) | (57v234) | ||||||
| TOTALFUNDS | 1,489v248 | (1,546,482) | (57434) | |||||
| Comparatives | for moventent | in funds | ||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.9.20 | in funds | funds | 31.8.21 | |||||
| 6 | ||||||||
| 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 |
| 31.8.22 | 31.8.21 | |||||
|---|---|---|---|---|---|---|
| f | ||||||
| Net (expenditure)/income | for the reporting | period (as per the Statement of | ||||
| Financial Activities) | (57434) | 232,618 | ||||
| Adjustments | for: | |||||
| Increase in debtors | (18,661) | (63,974) | ||||
| Increaso'(decrease) | in creditors | 195447 | (15,550) | |||
| Net cash provided | by operations | 119,452 | 153,094 | |||
| ANALYSIS | OF CHANGES IN NET FUNDS | |||||
| At 1.9.21 | Cash flow | At31.8.22 | ||||
| f | ||||||
| Net cash | ||||||
| Cash at bank | 811,276 | 119,452 | 930,728 | |||
| 811,276 | 119,452 | 930,728 | ||||
| Total | 811476 | 119,452 | 930,728 |