| PAGE | |||||
|---|---|---|---|---|---|
| Trustees' | annual report (incorporating |
the director's report) | |||
| Independent auditor's |
report to the members | ||||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | 10 | ||||
| Statement | offinancial | position | |||
| Statement | ofcash flows | 12 | |||
| Notes to | the financial | statements | 13 |
| 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||||
| funds | funds | Total funds | Total funds | ||||||
| Note | |||||||||
| Income and endowments | |||||||||
| Donations and |
legacies | 5 | 788,297 | 76529 | 864 826 | 1,529,105 | |||
| Other income | 6 | 96,141 | 96,141 | ||||||
| Total income | 884,438 | 76,529 | 960,967 | 1,529,105 | |||||
| Expenditure | |||||||||
| Expenditure on |
charitable | activities | 7,8 | 728,819 | 58,955 | 787,774 | 883,340 | ||
| Total expenditure | 728,819 | 58,955 | 787,774 | 883,340 | |||||
| Net income and net | movement | in funds | 155,619 | 17,574 | 173,193 | 645,765 | |||
| Reconciliation | offunds | ||||||||
| Total funds brought | forward | 49,080 | 6,699 | 55,779 | (589,986) | ||||
| Total funds carried | forward | 204,699 | 24,273 | 228,972 | 55,779 |
| STATEME | NT OF FINANCIAL | NT OF FINANCIAL | POSITION | |||
|---|---|---|---|---|---|---|
| 31AUGUST 2020 | ||||||
| 2020 | 2019 | |||||
| Note | g | |||||
| FIXEDASSETS | ||||||
| Intangible assets |
14 | 2,643 | 3,524 | |||
| CURRENT ASSETS | ||||||
| Debtors | 16 | 43,791 | 27,915 | |||
| Cash at bank and in hand | 215,661 | 62,052 | ||||
| 2599452 | 89,967 | |||||
| CREDITORS: amounts | falling due | |||||
| within one year | 17 | 33,123 | 37,712 | |||
| NET CURRENT ASSETS | 226,329 | 52,255 | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 228,972 | 55,779 | ||||
| NET ASSETS | 228,972 | 55,779 | ||||
| FUNDS OF THE CHARITY | ||||||
| Restricted funds | 24,273 | 6,699 | ||||
| Unrestricted funds |
204,699 | 49,080 | ||||
| Total charity funds | 18 | 228,972 | 55,779 |
| COMPANY | LIMITED BYGUARANTEE | ||
|---|---|---|---|
| STATEMENT OF CASH FLOWS | |||
| YEAR | ENDED 31AUGUST 2020 | ||
| 2020 | 2019 | ||
| CASH FLOWS FROM OPERATING | ACTIVITIES | ||
| Net income | 173,193 | 645,765 | |
| Adjustments for: | |||
| Depreciation oftangible fixed assets | 1,263 | ||
| Amortisation ofintangible assets |
881 | 1,178 | |
| Accrued (income)/expenses | (11,139) | 7,844 | |
| Changes in: | |||
| Trade and other debtors | (15,876) | (4,317) | |
| Trade and other creditors | 6,550 | (605,384) | |
| Cash generated from operations |
153,609 | 46,349 | |
| Net cash from operating activities |
153,609 | 46,349 | |
| CASH FLOWS FROM FINANCING | ACTIVITIES | ||
| Proceeds from borrowings | (38,870) | ||
| Net cash used in financing activities |
(38,870) | ||
| NET INCREASE IN CASH AND CASH EQUIVALENTS | 153,609 | 7,479 | |
| CASH AND CASH EQUIVALENTS | AT BEGINNING OFYEAR | 62,052 | 54,573 |
| CASH AND CASH EQUIVALENTS | AT END OFYEAR | 215,661 | 62,052 |
| DONATI | ONS | AND | LEGACIES | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2020 | ||||
| 8 | a | |||||
| DONATIONS | ||||||
| Donations | and | grants | receivable | 788,297 | 76,529 | 864,826 |
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2019 | ||||
| DONATIONS | ||||||
| Donations | and | grants | receivable | 1,445,614 | 83,491 | 1,529,105 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2020 | Funds | 2019 | |||
| Government | grants | 96,141 | 96,141 | |||
| EXPENDITURE ON | CHARITABLE | ACTIVITIES | BY FUND TYPE | |||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2020 | ||||
| g | ||||||
| Provision ofUniversity | Jewish Chaplains | 712,608 | 58,955 | 771,563 | ||
| Support costs | 16,211 | 16,211 | ||||
| 728,819 | 58,955 | 787,774 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2019 | ||||
| s | ||||||
| Provision ofUniversity | Jewish Chaplains | 780,781 | 92,260 | 873,041 | ||
| Support costs | 10,299 | 10,299 | ||||
| 791,080 | 92,260 | 883,340 |
| 8. | EXPENDITURE ON | CH | ARITA | BLE A | CTIVITIE | S BY | ACTIVIT | Y TYPE | |
|---|---|---|---|---|---|---|---|---|---|
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly | Support costs | 2020 | 2019 | ||||||
| r, | s | ||||||||
| Provision ofUniversity | Jewish | ||||||||
| Chaplains | 771,563 | 8,812 | 780875 | 877,580 | |||||
| Governance costs |
7,399 | 7,399 | 5,760 | ||||||
| 771,563 | 16,211 | 787,774 | 883,340 | ||||||
| 9, | ANALYSIS OF SUPPORT COSTS | ||||||||
| Provision ofUniversity | Jewish | Chaplains | |||||||
| Analysis of | |||||||||
| support costs | Total 2020 | Total 2019 | |||||||
| s | |||||||||
| Communications and IT |
8,812 | 8,812 | 4,539 | ||||||
| Support costs: Other costs | 7,399 | 7/99 | 5,760 | ||||||
| 16,211 | 16,211 | 10,299 | |||||||
| 10. | NET INCOME | ||||||||
| Net income is stated after | charging/(crediting): | ||||||||
| 2020 | 2019 | ||||||||
| Amoitisation ofintangible |
assets | 881 | 1,178 | ||||||
| Depreciation oftangible | fixed assets | 1,263 | |||||||
| 11, | AUDITORS REMUNERATION | ||||||||
| 2020 | 2019 | ||||||||
| Fees payable for the audit | ofthe financial | statements | 4,800 | 4,800 | |||||
| 12. | STAFFCOSTS | ||||||||
| The total staff costs and | employee | benefits | for the reporting | period are | analysed as |
follows. | |||
| 2020 | 2019 | ||||||||
| Wages and salaries | 420,606 | 416,474 | |||||||
| Social security costs | 29,076 | 27,858 | |||||||
| Employer contributions |
to | pension | plans | 11,100 | 8,881 | ||||
| 460,782 | 453,213 |
| Website | ||||
|---|---|---|---|---|
| Cost | ||||
| At 1September 2019and 31August 2020 | 6,270 | |||
| Amortisation | ||||
| At 1 September 2019 |
2,746 | |||
| Charge for the year | 881 | |||
| At 31August | 2020 | 3)627 | ||
| Carrying amount |
||||
| At 31August | 2020 | 2,643 | ||
| At 31August | 2019 | 3,524 | ||
| 15. | TANGIBLE | FIXEDASSETS | ||
| Equipment | Total | |||
| Cost | ||||
| At 1September 2019and 31August 2020 | 2,942 | 2,942 | ||
| Depreciation | ||||
| At 1September 2019and 31August 2020 | 2,942 | 2,942 | ||
| Carrying amount |
||||
| At 31August | 2020 | |||
| At 3l August | 2019 | |||
| 16. | DEBTORS | |||
| 2020 | 2019 | |||
| Prepayments | and accrued income | 5347 | 8,320 | |
| Other debtors | 38,444 | 19,595 | ||
| 43,791 | 27,915 |
| CREDITORS: amounts falling due within one ye |
ar | |
|---|---|---|
| 2020 | 2019 | |
| Trade creditors | 16,771 | 9,140 |
| Accruals and deferred income | 7,025 | 18,164 |
| Other creditors | 9,327 | 10,408 |
| 33,123 | 37,712 |
| Unrestri | cte | d funds |
|||||
|---|---|---|---|---|---|---|---|
| At | At | ||||||
| 1 September 2019 | Income | Expenditure | 31August 2020 | ||||
| General | funds | 49,080 | 884,438 | (728,819) | 204,699 | ||
| At | At | ||||||
| 1 | September 2018 | Income | Expenditure | 31August 2019 | |||
| s | |||||||
| General | funds | (605,454) | 1,445,614 | (791,080) | 49,080 | ||
| Restricted | funds | ||||||
| At | At | ||||||
| 1 | September 2019 | Income | Expenditure | 31August 2020 | |||
| 4 | |||||||
| Restricted | Fund | 6,699 | 76,529 | (58,955) | 24,273 | ||
| At | At | ||||||
| 1 | September 2018 | Income | Expenditure | 31August 2019 | |||
| 8 | f. | ||||||
| Restricted | Fund | 15,468 | 83,491 | (92,260) | 6,699 |
| Unrestricted | Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | |||||
| Intangible | assets | 2,643 | 2,643 | ||||
| Current assets | 235,179 | 24,273 | 259,452 | ||||
| Creditors | less than | 1 year | (33,123) | (33,123) | |||
| Net assets | 204,699 | 24,273 | 228,972 | ||||
| Unrestricted | Restricted | ||||||
| Funds | Funds | 1'otal Funds 2019 | |||||
| Intangible | assets | 3,524 | 3,524 | ||||
| Current assets |
83,268 | 6,699 | 89,967 | ||||
| Creditors less than | 1 year | (37,712) | (37,712) | ||||
| Net assets | 49,080 | 6,699 | 55,779 | ||||
| 20. | ANALYSIS OF CHANGES IN NET DEBT | ||||||
| At | 1 Sep2019 | Cash flows | At 31Aug 2020 | ||||
| g | |||||||
| Cash at bank and in hand | 62,052 | 153,609 | 215,661 |