2022-01-31-accounts

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COMPANY REGISTRATION NUMBER 07505846 CHARITY NUMBER 1142268

GESHER

COMPANY LIMITED BY GUARANTEE

UNAUDITED FINANCIAL STATEMENTS

YEAR ENDED

TO 31 JANUARY 2022

2

GESHER COMPANY LIMITED BY GUARANTEE

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 January 2022

CONTENTS	PAGE
Members of the Board and professional advisers	3
Trustees annual report (incorporating director’s report)	4 - 9
Independent examiner's report to the trustees	10 - 11
Statement of financial activities	12
(including the income and expenditure account)
Statement of financial position	13
Notes to the financial statements	14-20

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GESHER

COMPANY LIMITED BY GUARANTEE

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 January 2022

COMPANY INFORMATION

REGISTERED CHARITY NAME GESHER COMPANY NUMBER 07505846 CHARITY NUMBER 1142268 DIRECTORS & TRUSTEES C J A KAUFMAN D SCHLEIDER M SCHLEIDER L SPITZER PRINCIPLE OFFICE & REGISTERED OFFICE 5 OXFORD TERRACE GATESHEAD TYNE & WEAR NE8 1RQ INDEPENDENT EXAMINER M S BLACK FCCA CTA HAFFNER HOFF LTD, 2ND FLOOR, PARKGATES, BURY NEW ROAD, PRESTWICH, MANCHESTER M25 0TL

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GESHER

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT YEAR ENDED 31 JANUARY 2022

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The Trustees, who are also directors for the purpose of the Companies Act, have pleasure in presenting their report and the financial statements of the charity for the year ended 31 January 2022.

REFERENCE AND ADMINISTRATIVE DETAILS:

Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 3 of the financial statements.

THE TRUSTEES:

The trustees who served the charity during the period were as follows:

C J A Kaufman D Schleider M Schleider L Spitzer

STRUCTURE,GOVERNANCEAND MANAGEMENT:

Gesher is constituted by Memorandum and Articles of Association and is a company limited by guarantee. It was incorporated on 26 January 2011 as a company and the company number is 07505846. It was registered as a charity on 6 June 2011 with charity number 1142268.

The Charity is run by the trustees who all act in an honorary capacity. A new trustee would receive copies of the previous years' Annual Report and Accounts and a copy of the Charity Commission leaflet 'The Essential Trustee : What you need to know'.

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GESHER

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 JANUARY 2022

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RISK MANAGEMENT:

The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures mitigate any perceived risks.

OBJECTIVES AND ACTIVITIES:

The objectives of the charity are:

• a) The advancement of the orthodox Jewish faith.

• b) To provide or assist in the provision of facilities particularly but not exclusively in accordance with the tenets of the Jewish faith for young adults in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their

youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.

• c) The relief of financial hardship, either generally or individually, of people on low income by making grants of money for providing or paying for items or services or facilities particularly but not exclusively for people of the Jewish faith.

• d) To advance the Orthodox Jewish education of young people by providing and assisting in the provision of facilities (not required to be provided by the local education authority) for education. The main activity of the charity is the advancement of Jewish religious education and education. Generally, seminars are primarily held at the Gesher centre in Gateshead. The centre is a fully equipped residential facility situated within the heart of the historic Gateshead Jewish community. It has dedicated Study and Games rooms, ensuring a physically comfortable and

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GESHER

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 JANUARY 2022

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pleasant stay. During the course of a busy weekend, participants also have the opportunity to enjoy a variety of recreational activities, in which they have a chance to connect with each other and youth leaders in a relaxed and informal environment.

Visits to historical sites in the North East are a regular and popular feature of the seminars.

Following the conclusion of an action-packed weekend, Gesher field workers visit the participants’ school on a bi-weekly basis, meeting up with all the teenagers who attended. Regular ‘mini- reunions’ are held at various locations in London and surrounding areas.

An additional facet of the charity’s work is to facilitate weekend programmes for a wide range of adult groups. These include young professionals, university students, and families from around the UK.

The charity tracks the number of attendees at its programmes, and also conducts feedback and evaluation exercises after its events. This is in order to assess participant response, evaluate Gesher’s performance and to enable it to continue to tailor programmes and events to ensure that they will have the maximum public benefit.

OUTCOMES & ACHIEVEMENTS:

We are delighted to report on a very successful and rewarding 12 months of intensive activity during the year to 31 January 2022.

MAKING UP THE BACK LOG:

As the UK was cautiously creeping out of the global pandemic, Gesher was faced with a real challenge.

As was reported in last year’s annual report, Gesher was restricted in its ability to host our series of popular residential seminars. A soon as this once again became possible we were faced with a back-log of groups seeking to engage with the programme, both new and

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GESHER

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 JANUARY 2022

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returning, that we worked hard to accommodate before the commencement of the summer holidays in July 2021.

With alot of intense activity we were able to host back-to-back programmes and at the time of writing we are pleased to report that we have more or less been able to accommodate all of the scheduled programs that we had planned to deliver.

MAXIMISING USAGE OF THE CENTRE FOR THE BROADER COMMUNITY

Gesher has made available its well-resourced recreation rooms for use of extra-curricular classes provided to the youth of the local community during out of school hours.

In addition, Gesher meeting rooms are now available to professionally accredited therapists and trained financial advisers supporting those within the community either in need of counselling of various kinds, or who are struggling to manage their finances, which is an increasing challenge in today’s economic climate.

Due to the intense value of these sessions in terms of social support and community resilience, the Gesher Trustees and management made a policy decision to make these spaces available at no cost, thereby mitigating significant element of the regular overhead costs of these sessions.

ATTENDANCE

We are pleased to report that attendance on Gesher programmes has returned to normal levels following the easing of government measures that were put in place in response to the pandemic.

Participants were predominantly of secondary school age (14-18). Various University students, (themselves graduates of Gesher programs) supported participants on the programmes as volunteer mentors, which added a great deal to the vitality and success of the seminars. A series of successful follow-up mini-seminars and events were held both in London and Manchester.

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GESHER

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 JANUARY 2022

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FOLLOW-UP STAFF

During the period, Gesher continued to employ part time staff based in London and Manchester whose primary remit was to monitor registration and promote awareness of forthcoming residential seminars, in addition to running local follow up Gesher programs.

ADDITIONAL GROUPS

Gesher has begun planning its fifth trip to the UK for secondary school students from Israel, all of whom will be visiting for their first time. The trip is anticipated to take place in February 2023.

Gesher staff are carefully crafting the itinerary to accommodate the “new to Gesher” cohort of participants.

In addition, Gesher is pleased to report that it has begun running residential seminars with a third large secondary school in London - namely, Immanuel College, and we look forward to a successful collaboration and hosting many Immanuel students in the coming year.

VOLUNTEERS

The charity’s work was supported by 30 dedicated volunteers acting as Youth Leaders in Gateshead and as Field Workers in follow up events in London, Gateshead and surrounding areas.

PUBLIC BENEFIT POLICY

All activities undertaken by Gesher are for public benefit. The focus is on providing stimulating educational experiences and in this way enabling contemporary Jewish youth and the wider community from around the UK to develop a greater understanding of their shared history, rich heritage and diverse culture. In addition, the activities provide an opportunity to share with young people a sense of moral responsibility and ethical values which in turn instils a sense of pride in Jewish heritage as well as responsible citizenship in wider society. The charity goes about achieving this objective through regular educational, social and religious weekend seminars. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

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GESHER

COMPANY LIMITED BY GUARANTEE

TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 JANUARY 2022

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GRANT MAKING POLICY

Grants are made to charitable institutions and organisations which accord with the objects of the

charity.

STRATEGIC REPORT:

The following sections for achievements and performance and financial review form the strategic report of the charity:

ACHIEVEMENTS AND PERFORMANCE:

The financial results for the period and the charity’s position at the end of the period are shown in the attached financial statements. During the year the charity received £204,073 in donations and grants and spent £186,918 in furtherance of its objectives.

FINANCIAL REVIEW:

As at 31 January 2022 the charity held free reserves of £115,189 (2021: £105,721 ).

RESERVES POLICY:

The Unrestricted Fund represents the unrestricted funds arising from past operating results. The trustees are satisfied that the balance of the Fund is an acceptable level of reserves. It is the charity's policy to maintain cash reserves of approximately six months of its average annual expenditure, to enable the charity to continue to operate effectively.

TAXATION STATUS:

The company is a registered charity and as such has no taxable income.

PLANS FOR FUTURE PERIODS:

It is anticipated that the charity will continue to support charitable purposes and institutions in accordance with its objects.

The trustees' annual report and the strategic report were approved and signed on behalf of the board of trustees by:

D Schleider Trustee 20[th] November 2022

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GESHER

COMPANY LIMITED BY GUARANTEE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GESHER

31 JANUARY 2022

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I report to the trustees on my examination of the financial statements of Gesher ('the charity') for the year ended 31 January 2022.

Responsibilities and basis of report:

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

• 1) accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

• 2) the financial statements do not accord with those records; or

• 3) the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

• 4) the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

S De Jong FCCA

Independent Examiner

Haffner Hoff Ltd,

2nd Floor, Parkgates,

Bury New Road, Prestwich,

Manchester M25 0TL

20[th] November 2022

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GESHER

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 JANUARY 2022

_____________________

		2022	2022	2021
		Unrestricted
		funds	Total funds	Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	5	174,179	174,179	101,957
Other income	6	29,894	29,894	40,330
		--------------------------------	--------------------------------	--------------------------------
Total income		204,073	204,073	142,287
		================================	================================	================================
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies	7	2,826	2,826	1,344
Expenditure on charitable activities	8,9	184,092	184,092	165,503
		--------------------------------	--------------------------------	--------------------------------
Total expenditure		186,918	186,918	166,847
		================================	================================	================================
		--------------------------------	--------------------------------	--------------------------------
Net income/(expenditure) and net movement in funds		17,155	17,155	(24,560)
		================================	================================	================================
Reconciliation of funds
Total funds brought forward		206,666	206,666	231,226
		--------------------------------	--------------------------------	--------------------------------
Total funds carried forward		223,821	223,821	206,666
		================================	================================	================================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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GESHER

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL POSITION

YEAR ENDED 31 JANUARY 2022

_____________________

		2022		2021
	Note	£	£	£
Fixed assets
Tangible fixed assets	16		202,788	202,076
Current assets
Debtors	17	–		2,282
Cash at bank and in hand		142,966		137,852
		--------------------------------		--------------------------------
		142,966		140,134
Creditors: amounts falling due within one year	18	27,777		34,413
		--------------------------------		--------------------------------
Net current assets			115,189	105,721
			--------------------------------	--------------------------------
Total assets less current liabilities			317,977	307,797
Creditors: amounts falling due after more than one
year	19		(94,156)	(101,131)
			--------------------------------	--------------------------------
Net assets			223,821	206,666
			================================	================================
Funds of the charity
Unrestricted funds			223,821	206,666
			--------------------------------	--------------------------------
Total charity funds	21		223,821	206,666
			================================	================================

For the year ending 31 January 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 26 December 2022, and are signed on behalf of the board by:

D Schleider

Trustee

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2022

_____________________

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 5 Oxford Terrace, Gateshead, Tyne and Wear, NE8 1RQ.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates or assumptions that affect the amounts reported at the year end.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

YEAR ENDED 31 JANUARY 2022

_____________________

3 . Accounting policies (continued)

Incoming resources (continued)

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Resources expended

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure.

Expenditure also includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Governance costs are included on an accruals basis and are recognised when there is a legal or constructive obligation to pay for expenditure.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	1% straight line
Eqiupment	-	25% reducing balance

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

YEAR ENDED 31 JANUARY 2022

_____________________

4. Limited by guarantee

The Charity is a Company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £l0.

5. Donations and legacies

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Donations
	Donations	167,899	167,899	95,177	95,177
	Seminar contributions	6,280	6,280	6,780	6,780
		--------------------------------	--------------------------------	--------------------------------	--------------------------------
		174,179	174,179	101,957	101,957
		================================	================================	================================	================================
6.	Other income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	JRS and GMBC Covid Grants	29,894	29,894	40,330	40,330
		============================	============================	============================	============================
7.	Costs of raising donations and legacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Costs of raising donations	2,826	2,826	1,344	1,344
		=======================	=======================	=======================	=======================
8.	Expenditure on charitable activities by	fund type
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Seminars	176,194	176,194	157,288	157,288
	Follow Up Programme	3,792	3,792	4,163	4,163
	Grants Payable	2,250	2,250	2,000	2,000
	Support costs	1,856	1,856	2,052	2,052
		--------------------------------	--------------------------------	--------------------------------	--------------------------------
		184,092	184,092	165,503	165,503
		================================	================================	================================	================================

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

YEAR ENDED 31 JANUARY 2022

_____________________

9. Expenditure on charitable activities by activity type

	Activities
	undertaken	Grant funding		Total funds	Total fund
	directly	of activities	Support costs	2022	2021
	£	£	£	£	£
Seminars	176,194	–	438	176,632	157,288
Follow Up Programme	3,792	–	–	3,792	4,163
Grants Payable	–	2,250	–	2,250	2,000
Governance costs	–	–	1,418	1,418	2,052
	--------------------------------	-----------------------	-----------------------	--------------------------------	--------------------------------
	179,986	2,250	1,856	184,092	165,503
	================================	=======================	=======================	================================	================================

10. Analysis of support costs

		Analysis of
		support costs	Total 2022	Total 2021
		£	£	£
	General office	438	438	–
	Governance costs	1,418	1,418	2,052
		-----------------------	-----------------------	-----------------------
		1,856	1,856	2,052
		=======================	=======================	=======================
11.	Analysis of grants
			2022	2021
			£	£
	Grants to institutions
	British Friends of Netiv Aryeh		2,000	2,000
	Grants to individuals
	Student Grants		250	–
			-----------------------	-----------------------
	Total grants		2,250	2,000
			=======================	=======================
12.	Net income/(expenditure)
	Net income/(expenditure) is stated after	charging/(crediting):
			2022	2021
			£	£
	Depreciation of tangible fixed assets		3,067	3,169
			=======================	=======================

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31 JANUARY 2022

14. Staff costs

The average head count of employees during the year was 8 (2021: 8). The average number of fulltime equivalent employees during the year is analysed as follows:

	2022	2021
	No.	No.
Number of staff	8	8
	==============	==============

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

15. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

16. Tangible fixed assets

		Freehold
		property	Equipment	Total
		£	£	£
	Cost
	At 1 February 2021	215,698	17,197	232,895
	Additions	3,779	–	3,779
		--------------------------------	----------------------------	--------------------------------
	At 31 January 2022	219,477	17,197	236,674
		================================	============================	================================
	Depreciation
	At 1 February 2021	17,112	13,707	30,819
	Charge for the year	2,195	872	3,067
		--------------------------------	----------------------------	--------------------------------
	At 31 January 2022	19,307	14,579	33,886
		================================	============================	================================
	Carrying amount
	At 31 January 2022	200,170	2,618	202,788
		================================	============================	================================
	At 31 January 2021	198,586	3,490	202,076
		================================	============================	================================
17.	Debtors
			2022	2021
			£	£
	Other debtors		–	2,282
			==============	=======================

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

YEAR ENDED 31 JANUARY 2022

18. Creditors: amounts falling due within one year

		2022	2021
		£	£
	Bank loans and overdrafts	6,229	5,957
	Accruals and deferred income	1,320	6,456
	Social security and other taxes	228	–
	Yeshivas Nezer Hatorah	–	2,000
	Other creditors	20,000	20,000
		----------------------------	----------------------------
		27,777	34,413
		============================	============================
19.	Creditors: amounts falling due after more than one year
		2022	2021
		£	£
	Bank loans and overdrafts	94,156	101,131
		============================	================================

The bank loan is secured

20. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £Nil (2021: £185).

21. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At 01			At 31
	February			January
	2021	Income	Expenditure	2022
	£	£	£	£
General funds	206,666	204,073	(186,918)	223,821
	================================	================================	================================	================================
	At 01			At 31
	February			January
	2020	Income	Expenditure	2021
	£	£	£	£
General funds	231,226	142,287	(166,847)	206,666
	================================	================================	================================	================================

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GESHER

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

YEAR ENDED 31 JANUARY 2022

22. Analysis of net assets between funds

	Unrestricted	Total Funds
	Funds	2022
	£	£
Tangible fixed assets	202,788	202,788
Current assets	142,966	142,966
Creditors less than 1 year	(27,777)	(27,777)
Creditors greater than 1 year	(94,156)	(94,156)
	--------------------------------	--------------------------------
Net assets	223,821	223,821
	================================	================================
	Unrestricted	Total Funds
	Funds	2021
	£	£
Tangible fixed assets	202,075	202,075
Current assets	140,134	140,134
Creditors less than 1 year	(34,412)	(34,412)
Creditors greater than 1 year	(101,131)	(101,131)
	--------------------------------	--------------------------------
Net assets	206,666	206,666
	================================	================================