2020-08-31-accounts

CONTENTS	Page
Charity information
Trustees' annual report	2-4
Auditor's report	5-7
Statement offinancial activities
Balance sheet
Statement ofcash flow	10
Notes to the accounts	11 —16

ORTHE YEARENDED	31AU	GUST 2020
				2020	2019
		Unrestricted	Restricted	Total	Total
	Note	8
Income from:
Donafions		566,447	1,337,807	1,904454	3,052,515
Other trading activities		20,570		20470	85,228
Investment income		29		29	33
Total income		587,046	1437W7	1,924~	3,137,776
Expendttru7e on:
Raising funds		1,500		1,500	38,904
Charitable activities		475,474		475,474	514,078
Total expenditure		476 6r74		~476 74	552,982
Net income forthe year		110,072	1437W7	1,447+79	2,584,794
Tmnsfers between funds
Net movement in funds		110,072	1,337,807	1,447+79	2,584,794
Reconciliation offunds:
Total funds brought forward		17,025	4,043,485	47060+10	1,475,716
Total funds canied
forward		127,097	5381492	5Wt4389	4,060,510

			2020		2019
	Note
Cash flows from operating
activities:
Net cash provided by /(used in)
operating activibes			1,445,112		1,941,875
Cash fiows from investing
activities:
Sale/ (purchase) offixed assets		(+285,321)		(2,098,745)
Sale/ (purchase) ofinvestments
Cash provided by / (used in)
mvestmg actlvltles			(2385,321)		(2,098,745)
Cash flows from financing
activities:
Repayments ofborrowing		(250,000)
Cash inilows fiom new borrowing		600,000
Cash provided by / (used in)
financing activities			350,000
Change in cash and cash
equivalents
in the year			(490,209)		(I56,870)
Cash and cash equivalents
atthe beginning ofthe year			623,354		780424
Cash and cash equivalents
atthe end ofthe year			133,145		623,354

OR	THE YEARENDED	31AUGUST 2020
			Unrestricted	Unrestricted
			Funds 2020	Funds 2019
2	Analyses ofexpenditure
	Costofraising funds		1,500	38,904
	Charitable activtthn
	Insurance		4,200	1,$30
	Donations to Noam Primary School Limited			160,289
	Donations to Voluntary	Aided Shalom Noam Primary School	464,013	347,347
	Audit fees		4,085	3,$90
	Professional fees		1,300
	Bookkeeping		1,342	610
	Bank charges		214	112
	Sundry		320
			475,474	514,078
	Total expenditure		476,974	552,982
3	Tangible fixed assets
				Freehold
				Land rb
				Properly
	Cost
	At I September 2019			3,453,660
	Additions			2,2$5,321
	At31August 2020			5,738,981
	Depreciation
	At 1 September 2019
	Charge for the year
	At 31August 2020
	Net book value
	At31August 2020			5,73&,9$1
	At 31August 2019			3433 660

4	Creditors: amounts	falling due within one year
			2020	2019
	Trade creditors		9,652	12,474
	Accruals		4,085	4,030
	Other ccdi'tots		350,000
			363,737	16,504

Analysis ofnet assets between fund	s
			Total
	Unrestricted		funds
Tangible fixed assets		5,73$,9$1	5,738@81
Net current assets	127,097	(357,689)	(230892)
Net assets at the end ofthe year	127,097	5381,292	5,508489

			Total
	Unrestricted		funds
Tangible fixed assets		3,453,660	3,453,660
Net current assets	17,025	589,$25	606,850
Net assets atthe end ofthe year	17,025	4,043,485	4,060+10

6	Movements iu	funds	funds	At the				At the
				start of	Income	Expeaditure		end of
				the year			Transfers	the year
	Restricted funds:
	Building fund			4,043,485	1,337,807			5481492
	Total restricted	funds		4,043,4$5	1,337,807			5481492
	Total unrestricted		funds	17,025	5$7,046	(476,974)		127,097
	Total funds			4,060,510	1,924,853	(476,974)

		2020		2019
		g
Net income /(expenditure) forthe reporting	period
(as per the statement offinancial activities) Increase/ (decrease) in creditors		1,447,879 (2,767)	2,584,794 (642,919)
Net cash provided by / (used in)
operating activities		1,445.112	1,941,575
Analysis ofcash and cash equivalent		At I		At31
		September 2019 Cash flow		August 2020
Cash atbank and in band		623,354	(490,209)	133,145
Total cash and cash equivalent		623,354	(490,209)	133,145