## ## ## ## ||||||Page| |---|---|---|---|---|---| |Trustees'
annual
report (incorporating||the|director's|report)|| |Independent
auditor's
report to the members|||||| |Statement offinancial
activities
expenditure
account)|(including||income|and|10| |Statement
offinancial
position|||||| |Statement
ofcash flows|||||12| |Notes to the financial statements|||||13| ## ## |ffnanctat s|tatements
of the chari|tatements
of the chari|ty for the year ended|31|
August 2|
,

020.| |---|---|---|---|---|---|---| |Referenoe|snd administrative||details|||| |Registered|charity name||Aim Habonirn|||| |Charity registration||number|1'f38243|||| |Company|registration|number|7220595|||| |Principal office and registered
offic|||51 Rigby Street
Salford|||| ||||M7 4NX|||| |The trustees||||||| ||||D
I earnan|||| ||||P Heiman|||| ||||B M Z Roitenbarg
J Lev(n|(Retired 10
(Appointed||November 2019)
11November 2019)| |Auditor|||Haffner
Moff Ltd|||| ||||Accountants
tt statutory||auditor|| ||||2nd Floor - Parkgates|||| ||||Bury New Road|||| ||||Prestwich|||| ||||Manchester|||| ||||M25 OTL|||| |Bankers|||Nat West Bank Plc|||| ||||64 Bury Old Road|||| ||||Manchester|||| ||||M8 5NW|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Year ended 31 August 20|20|||||| |---|---|---|---|---|---|---| |||||2020||2019| |||Note|Unrestricted
funds|Restricted
funds
5|Total funds|Total funds
9| |income and endowments
Donations
and legacies
Charitable
activities
Total Income||5
6|643,573
1,209,817
1,853,390|23,246
23,246|666,819
1,209,8'I7
1,876,636|72,777
925,303
998,080| |Expenditure
Expenditure
on raising funds:
Costs of raising donations
and
legacies
Expenditure
on charitable
activities
Total expenditure||7
8,9|35,571
1,183,024
1,218,595|23,246
23,246|35,571
1,206,270
1,241,841|15,720
832,135
847,855| |Net income and net movement|in|funds|634,795|—|634,795|150,225| |Reconciliation
offunds
Total funds brought
foNvard
Total funds carried forward|||754,347
1,389,'l42||754,347
1,389,142|604,122
754,347| ## ## ## ## |31 August 202|0|||||||| |---|---|---|---|---|---|---|---|---| |||||||2020||2019| ||||||Note|F||5| |Fixed assets||||||||| |Tangible fixed assets|||||17||955,752|550,897| |Current assets||||||||| |Debtors|||||18|8,678||2,020| |Cash at bank and|in|hand||||500,646||300,094| |||||||509,324||302,114| |Creditors: amounts||fallIng|due wlthlrl|one year|19|75,934||98,664| |Net current assets|||||||433,390|203,450| |Total assets less|current||liabilities||||1,389,142|754,347| |Net assets|||||||1,389,142|754,347| |Funds ofthe charity||||||||| |Unrestricted
funds|||||||1,389,142|754,347| |Total charity funds|||||21||1,389,142|754,347| ## ## ## ## |Company
Limited
by G
Statement of Cash Flo
Year ended
33 August|uarantee
ws
2020|||| |---|---|---|---|---| ||||2020|2019| ||||5|| |Cash flows from operating
Net income|activities||634,795|150,225| |Ad/us(ments
for.
Oepreciation
oftangible fixed
Accrued expenses|assets||65,4'I 2
4,800|12,593| |Changesin:
Trade and other debtors
Trade and other creditors|||(6,658)
(27,530)|10,249
52,794| |Gash generated
from operations|||660,819|235,961| |Net cash from operating
activities|||660,819|235,961| |Cash flows from investing
Purchase oftangible assets|activities||(460,267)|(272,085)| |blat cash used
in investing
activities|||(460,267)|(272,085)| |Net increase/(decrease)
ln
Cash and cash equivalents|cash and cash
at beginning|equivalents
ofyear|200,552
300,094|(36,124)
336,218| |Cash and cash equivalents|at end ofyear||600,646|300,094| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Ye|ar ended|31 August|31 August|20|20||||| |---|---|---|---|---|---|---|---|---|---| |5.|Donations|and legacies|||||||| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds
f|2020
f| ||Donations||||||||| ||Donations||||||479,101||479,101| ||Grants||||||||| ||Grants receivable|||||||23,246|23,246| ||kMRC Job Retention||Scheme||||24,472||24,472| ||Delapage|Limited|||||140,000||140,000| ||||||||643,573|23,246|666,819| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2019
f| ||Donations||||||||| ||Donations||||||60,976||60,976| ||Grants||||||||| ||Grants receivable|||||||11,801|11,801| ||I-IMRC Job Retention||Scheme||||||| ||Deiapage|Limited|||||||| ||||||||60,976|11,801|72,777| |6.|Charitable|activities|||||||| |||||||Unrestrfcted|Total Funds|Unrestdcted|Total Funds| |||||||Funds
f|2020
f.|Funds|2019
E| ||Fees receivable|||||157,924|157,924|124,277|124,277| ||Salford City Council|||||623,925|623)925|452,957|452,957| ||Bury MBC|||||363,638|363,638|243,075|243,075| ||Manchester|City Council||||64,330|64,330|'i04,994|104,994| |||||||1,209,817|1,209,817|925,303|925,303| |7.|Costs of raising donations||||and|legacies|||| |||||||Unrestricted|Total Funda|Unrestricted|Total Funds| |||||||Funds
f|2020|Funds
f|2019
f| ||Costs of raising donaticns|||and|||||| ||legacies|||||35,571|35,571|15,720|15,720| ## ## ## ## ## |8.|Expenditure|on charitable|activities|by fund type|||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total Fund*| ||||||Furids|Funds|2D2D| ||||||8|E|E| ||Aim Habonirn
School
Support costs||||1,113,524
69,500|23,246|1,136,770
69,500| ||||||1,183,024|23,246|1,206,270| ||||||Unrestricted|Restncted|Total Funds| ||||||Funds|Funds|2019| ||||||5||| ||Aim Habonim
School
Support costs||||787,403
32,084|11,040|799,251
32,084| ||||||820,287|11,848|032,135| |Expenditure|on charita|ble
activities
|by activity type|||| |---|---|---|---|---|---|---| |||Activities||||| |Aim Wabonirn
Governance|School
costs|undertaken
direcgy
8
1,090,320|Grant funding
of activities
30,450|Support
costs
50,818
10,602|Total funds
202D
5
1,195,588
10)682|Tote'I fund
2019
827,335
4,800| |||1,090,320|38,45D|69,500|1,206,270|032,135| ## |Analysis
of|support costs|||| |---|---|---|---|---| |||Analysis
of
support casts
f|Total 2020|Total 2019| |Staff costs
General office
Governance
costs||50,113
705
10,682|68,113
705
10,682|27,253
031
4,800| |||69,500|69,500|32,804| ## ## ## ## |Ye|ar ended 31 August|ar ended 31 August||20|20||||| |---|---|---|---|---|---|---|---|---|---| |11.|Analysis ofgrants||||||||| |||||||||2020|2019| |||||||||E|| ||Grants to Institutions||||||||| ||Grants under f1,000|||||||17,900|| ||SEN grants|||||||20,550|6,700| |||||||||38,45D|6,700| ||Total grants|||||||38,450|6,700| |12.|Net income||||||||| ||Net income|is stated after||charging/(crediting):|||||| |||||||||2020
f|2019
E| ||Oepreciation|of tangible|fixed assets|||||55,412|12,693| |13.|Auditors
remuneration||||||||| |||||||||202D|2019| ||||||||||E| ||Fees payable|for the audit||ofthe||financial|statements|4,800|| ||Fees payable|to the charity's|||auditor and Its associates for other services.||||| ||Other non-audit
services|||||||3,000|| |14.|Independent|examination|||fees||||| |||||||||2020|2019| |||||||||E|E| ||Fees payable|lo the independent||||examiner|for:||| ||Independent|examination||of|the financial statements||||3,000| ## |||||2020|2019| |---|---|---|---|---|---| ||||||E| |Wages and salaries||||701,689|521,321| |Social security|costs|||14,051|9,136| |Employer
contributions||to pension|plans|4,043|1,492| |Other employee|behefits|||470|696| |||||720,253|532,645| ## ## ## ## |15.|Staff costs (condtuecy||||||| |---|---|---|---|---|---|---|---| ||The average
head count of employees
of fu11-time equivalent
employees
during|||during
the year was
the year is analysed||49 (2019:47). The average
as follows:
2020|number
2019| |||||||No.|No.| ||Number
of administrative
Number of teaching steP|sfaff||||5
44|4
43| |||||||49|47| ## ## |Tangible fixed assets|||| |---|---|---|---| ||Land and|Fixtums and|| ||buildings|fittings
5|Total
6| |Cost
At 1 September 2019
Additions|478,974
92,779|114,605
367,488|593,579
460,267| |At 31 August 2020|571,753|482,093|1,053,846| |Depreciation
At 1 September 2019
Charge for the year||42,682
55,412|42,682
65,412| |At31August
2020||98,094|98,094| |Carrying
amount
At 31August 2020|571,753|383,999|955,752| |At 31August 2019|478,974|71,923|550,897| |2020|2019| |---|---| |8,678|2,020| ## ## ## ## |||2020|2019| |---|---|---|---| |||E|E| |Accruals and deferred|mcome|7,8DD|3,000| |Social security and other taxes||8,096|832| |Other creditors||60,038|94,832| |||76,934|98,664| ## ## ## |Analysis o|Analysis o|fcharitable
funds|fcharitable
funds|||||| |---|---|---|---|---|---|---|---|---| |unrestricted||funds||||||| |||||At|01|||At 31| |||||Sept 2019||Income|Expenditure|Aug 2020| |||||||E|E|E| |General funds||||754,347||1,853,390|('1,218,595)|1,389,142| |||||At|01|||At 31| |||||Sept 2016||Income|Expenditure|Aug 2019| |||||E||E|E|E| |General funds||||604,075||986,279|(836,007)|754,347| |Restricted||funds||||||| |||||At|01|||At 31| |||||Sept 2019||Income|Expenditure|Aug 2D20| |||||||||E| |Restricted|fund||—grants received|||23,246|(23,246)|| |||||At|01|||At 31| |||||Sept 2018||Income|Expenditure|Aug 2019| |||||E||||E| |Restricted|fund||—grants received||47|1'l,801|(11,848)|| ## ## ## ## |22.|Analysis|of net assets between funds|of net assets between funds|of net assets between funds|||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|TotalFunds| |||||||Funds|2020| |||||||E|| ||Tangible
Current
Creditors|fixed assets
assets
less than
1||year||955,752
509,324
(75,934)|955,752
509,324
(75,934)| ||Net assets|||||1,389,142|1,389,142| |||||||Unrestricted|Total Funds| |||||||Funds|2019| ||||||||E| ||Tangible
Current
Creditors|fixed esse'ts
assets
less than
1||year||550,897
302,114
(98,664)|550,897
302,114
(98,664)| ||Net assets|||||754,347|754,347| |23.|Analysis|ofchanges||in net debt|||| ||||||At||At| ||||||1 Sep 2019|Cash flows|31 Aug 2020| ||||||E||F| ||Cash al|bank snd|in|hand|300,094|200,652|500,646| ##