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|---|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees|and advisers||
|Trustees'<br>report|||||2-6|
|Independent<br>auditors'|report|on the financial statements|||7-10|
|Statement offinancial|activities|||||
|Balance sheet||||||
|Statement<br>ofcash flows|||||13|
|Notes to the financial|statements||||14-26|





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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note|E||E|E|
|Income from:||||||||
|Donations<br>and|legacies|||710,671||710,671|790,683|
|Investments||||373||373|4,730|
|Other income||||4,494||4,494|3,094|
|Total income||||715,538||715,538|798,507|
|Expenditure<br>on:||||||||
|Charitable<br>activities||||531,196||531,196|703,964|
|Total expenditure||||531,196||531,196|703,964|
|Net movement|in funds|||184,342||184,342|94,543|
|Reconciliation|offunds:|||||||
|Total funds<br>brought||forward||2,832,218|112,947|2,945,165|2,850,622|
|Net movement|in funds|||184,342||184,342|94,543|
|Total funds carried forward||||3,016,560|112,947|3,129,507|2,945,165|





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||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|
||||AS AT 31 MARCH 2021|||||
||||||2021||2020|
||||Note||||E|
|Fixed assets||||||||
|Tangible assets|||10||2,987,633||3,029,998|
|Current assets||||||||
|Debtors|||11|193,064||180,952||
|Cash at bank and in|hand|||961,108||929,593||
|||||1,154,172||1,110,545||
|Creditors: amounts|falling|due within one||||||
|year|||12|(497,173)||(615,884)||
|Net current assets|||||656,999||494,661|
|Total assets less current||liabilities|||3,644,632||3,524, 659|
|Creditors: amounts|falling|due after more||||||
|than one year|||13||(515,125)||(579,494)|
|Total net assets|||||3,129,507||2,945,165|
|Charity funds||||||||
|Restricted<br>funds|||15||112,947||112,947|
|Unrestricted<br>funds|||15||3,016,560||2,832,218|
|Total funds|||||3,129,507||2,945,165|





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|||||2021|2020|
|---|---|---|---|---|---|
|Cash flows from operating|activities|||||
|Net cash used<br>in operating|activities|||82,888|(32,630)|
|Cash flows from investing|activities|||||
|Purchase<br>oftangible<br>fixed assets||||(6,504)|(3,354)|
|Net cash used<br>in investing|activities|||(6,504)|(3,354)|
|Cash flows from financing|activities|||||
|Repayments<br>of borrowing||||(44,869)|(49,808)|
|Net cash used<br>in financing|activities|||(44,869)|(49,808)|
|Change<br>in cash and cash|equivalents<br>in|the year||31,515|(85,792)|
|Cash and cash equivalents|at the beginning|of the year||929,593|1,015,385|
|Cash and cash equivalents|at the end of|the year||961,108|929,593|
|The notes on pages 14to 26 form part ofthese financial|||statements|||





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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
|||||E|6|E||
||Donations|||710,671||710,671|790,683|
||Total 2020|||755,f83|35,500|790,683||
|4.|Investment|income||||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2021|2021|2020|
||||||E|F||
||Investment|income|||373|373|4,730|
||Total 2020||||4,730|4,730||
|5.|Other Incoming||resources|||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2021|2021|2020|
||||||6|||
||Other incoming||resources||4,494|4,494|3,094|
||Total 2020||||3,094|3,094||





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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
||||E|||
|Support for Sacks Morasha<br>School|Jewish Primary|531,196||531,196|703,964|
|Total 2020||667,464|16,500|703,964||



||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total|Total|
||||directly|costs|funds|funds|
||||2021|2021|2021|2020|
|||||E|F||
|Support for Sacks Morasha<br>School|Jewish|Primary|509,047|22,149|531,196|703,964|
|Total 2020|||669,544|34,420|703,964||





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|||||Support for|||
|---|---|---|---|---|---|---|
|||||Sacks|||
|||||Morasha|||
|||||Jewish|||
|||||Primary|Total|Total|
|||||School|funds|funds|
|||||2021|2021|2020|
|||||F|F||
|Depreciation||||48,869|48,869|59,794|
|Printing<br>and|postage|||580|580|(477)|
|Security||||18|18|'/57|
|Establishment|expenses|||34,008|34,008|37,892|
|Repairs and|maintenance|||23,733|23733|22,617|
|Teaching resources,|||books and materials|(11,241)|(11,241)|44,061|
|Advertising,|staffing||and recruitment|2,631|2,631|23|
|Insurance||||625|625|4,988|
|Other educational||charges||||3,855|
|Travel expenses||||||68|
|Professional|fees|||12,000|12,000|1,750|
|Payments<br>towards||school wages and salaries costs||359,982|359,982|466,449|
|Sundry charges||||37,779|37,779|28,305|
|Bank charges||||63|63|62|
|||||509,047|509,047|669,544|
|Total2020||||669,544|669,544||





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|7.|Analysis|Analysis|of|expenditure|by activities|by activities|by activities|(continued)|||
|---|---|---|---|---|---|---|---|---|---|---|
||Analysis||of|support costs|||||||
|||||||||Support for|||
|||||||||Sacks|||
|||||||||Morasha|||
|||||||||Jewish|||
|||||||||Primary|Total|Total|
|||||||||School|funds|funds|
|||||||||2021|2021|2020|
|||||||||E|E||
||Governance|||costs||||22,149|22,149|34,420|
||Total|2020||||||34,420|34,420||
|8.|Auditors'||remuneration||||||||
||||||||||2021|2020|
||||||||||E||
||Fees <br>annual|payable to the Company's<br>accounts||||auditor||for the audit ofthe Company's|6,220|5,440|
||Fees|payable to the Company's||||auditor||in respect of:|||
||All non-audit|||services not|included||above||10,235|12,230|



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||||Improve-||||
|---|---|---|---|---|---|---|
|||Freehold|ments to||Other fixed||
|||property<br>E|property<br>E|Equipment<br>E|assets<br>E|Total<br>F|
||Cost or valuation||||||
||At 1 April 2020|1,433,991|2,044,078|112,998|8,560|3,599,627|
||Additions||6,504|||6,504|
||At 31 March 2021|1,433,991|2,050,582|112,998|8,560|3,606,131|
||Depreciation||||||
||At 1 April 2020|418|463,962|104,286|963|569,629|
||Charge for the year||41,221|7,220|428|48,869|
||At 31 March 2021|418|505,183|111,506|1,391|618,498|
||Net book value||||||
||At 31 March 2021|1,433,573|1,545,399|1,492|7„169|2,987,633|
||At 31March 2020|1,433,573|1,580,116|8,712|7,597|3,029,998|
|11.|Debtors||||||
||||||2021|2020|
||||||E|E|
||Due within one year||||||
||Other debtors||||179,013|174,495|
||Prepayments<br>and accrued|income|||14,051|6,457|
||||||193,064|180,952|





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|||2021|2020|
|---|---|---|---|
|||E|E|
|Bank loans||47,844|47,844|
|Trade creditors||265,928|412,393|
|Other creditors||163,223|140,635|
|Accruals<br>and deferred|income|20,178|15,012|
|||497,173|615,884|



||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
||Bank loans||||496,775|54'/, 644|
||Other creditors||||18,350|37,850|
||||||515,125|579,494|
|14.|Financial|instruments|||||
||||||2021|2020|
||Financial|assets|||||
||Financial assets measured||at fair value through|income and expenditure|961,108|929,593|





|15.|Statement|offunds|offunds||||||
|---|---|---|---|---|---|---|---|---|
||Statement|offunds||- current year|||||
|||||||||Balance at|
||||||Balance at 1|||31 March|
||||||April 2020|Income|Expenditure|2021|
||Unrestricted<br>funds||||||||
||Designated|funds|||||||
||Designated|Funds|-|all funds|125,000|||125,000|
||General funds||||||||
||General Funds - all|||funds|2,707,218|715,538|(531,196)|2,891,560|
||Total Unrestricted|||funds|2,832,218|715,538|(531,196)|3,016,560|
||Restricted|funds|||||||
||Restricted|Funds|—all funds||112,947|||112,947|
||Total offunds||||2,945,165|715,538|(531,196)|3,129,507|





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||Statement offunds|- prior year|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||||Balance at|||31 March|
||||1 April 2019|Income|Expenditure|2020|
||Unrestricted<br>funds||||||
||Designated<br>funds||||||
||Designated<br>Funds - all funds||125,000|||125,000|
||General funds||||||
||General<br>Funds - all|funds|2,631,675|763,007|(687,464)|2,707,218|
||Total Unrestricted|funds|2,756,675|763,007|(687,464)|2,832,218|
||Restricted funds||||||
||Restricted<br>Funds - all funds||93,947|35,500|(16,500)|112,947|
||Total offunds||2,850,622|798,507|(703,964)|2,945, 165|
|16.|Summary<br>offunds||||||



|||||||Balance at|
|---|---|---|---|---|---|---|
||||Balance at 1|||31 March|
||||April 2020<br>6|Income<br>6|Expenditure<br>F|2021<br>f|
|Designated||funds|125,000|||125,000|
|General|funds||2,707,218|715,538|(531,196)|2,891,560|
|Restricted||funds|112,947|||112,947|
||||2,945,165|715,538|(531,196)|3,129,507|





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|Summary|offunds - prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||31March|
|||1 April 2019|Income|Expenditure|2020|
|Designated|funds|125,000|||125,000|
|General funds||2,631,675|763,007|(687,464)|2,707,218|
|Restricted|funds|93,947|35,500|(16,500)|112,947|
|||2,850,622|798,507|(703,964)|2,945,165|



|Analysis|of n|et assets between funds -current|year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||F|E|E|
|Tangible|fixed|assets|2,987,633||2,987,633|
|Current|assets||1,041,225|112,947|1,154,172|
|Creditors|due|within one year|(497,173)||(497,173)|
|Creditors|due|in more than one year|(515,125)||(515,125)|
|Total|||3,016,560|112,947|3,129,507|



|Analysis|of n|et assets between<br>funds - prior y|ear|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2020|2020|2020|
||||E|||
|Tangible|fixed|assets|3,029,998||3,029,998|
|Current|assets||997,598|112,947|1,110,545|
|Creditors|due|within one year|(615,884)||(615,884)|
|Creditors|due|in more than one year|(579,494)||(579,494)|
|Total|||2,832,218|112,947|2,945,165|





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|18.|Reconciliation<br>of|ne|t|move|ment<br>in funds|to net cas|h flow fro|m operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||F.||
||Net income for the|year (as per Statement||||of Financial|Activities)||184,342|94,543|
||Adjustments<br>for:||||||||||
||Depreciation<br>charges||||||||48,869|59,794|
||Purchase ofassets||||||||(6,504)|(3,354)|
||Increase<br>in debtors||||||||(12,112)|(92,523)|
||Decrease<br>in creditors||||||||(183,080)|(144,252)|
||Net cash provided||by/(used||in) operating|activities|||31,515|(85,792)|
|19.|Analysis<br>ofcash|and||cash|equivalents||||||
||||||||||2021|2020|
||||||||||E||
||Cash<br>in hand||||||||961,108|929,593|
||Total cash and cash equivalents||||||||961,108|929,593|
|20.|Analysis ofchanges|||In net|debt||||||
|||||||||At 1 April||At 31 March|
|||||||||2020|Cash flows<br>f|2021<br>f|
|||||||||F.|||
||Cash at bank and|in|hand|||||929,593|31,515|961,108|
||Debt due within<br>1|year||||||(47,844)||(47,844)|
||Debt due after 1 year|||||||(541,644)|44 869|(496775)|
|||||||||340,105|76,384|416,489|



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