COMPANY REGISTRATION NUMBER: 08384571
CHARITY REGISTRATION NUMBER: 1152424
Amhurst Park Education And Donations Company Limited by Guarantee Unaudited Financial Statements
30 June 2022
GK & CO. LLP
Chartered accountants Hallswelle House 1 Hallswelle Road
London England NW11 0DH
Amhurst Park Education And Donations
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2022
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Statement of cash flows | 8 |
| Notes to the financial statements | 9 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 17 |
| Notes to the detailed statement of financial activities | 18 |
Amhurst Park Education And Donations
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 30 June 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 June 2022.
Reference and administrative details
Registered charity name
Amhurst Park Education And Donations
Charity registration number 1152424 Company registration number 08384571 Principal office and registered Hallswelle House office 1 Hallswelle Road London NW11 ODH
The trustees
Independent examiner
Mr H Feldman (Died 22 March 2022) Mr J Feldman Mr D Segal (Appointed 1 July 2022) Mr S S Myers (Appointed 1 July 2022) Mrs D Feldman Dr P.P.Smulovitch Hallswelle House 1 Hallswelle Road London England NW11 0DH
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Amhurst Park Education And Donations
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 June 2022
Structure, governance and management
Amhurst Park Education and Donations is a charity company. It has no share capital and is limited by guarantee.
The charity is organised so that the Governors meet regularly to manage its affairs. There are no paid employees and all administration work is carried out on a voluntary basis by the Governors.
The Governors have considered the guidance published by the Charity Commission and believe that the charity in carrying out its objectives, fully complies with these requirements. In particular the provision of funding for the education of children and adults in accordance with the principles of traditional Judaism and the support of associated communal charitable institutions such as synagogues and homes for the ederly and infirm automatically gives rise to a public benefit. Each year the Governors review the objectives and activities of the charity to ensure that they continue to reflect these aims. In carrying out this review the Governors have considered the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.
The appointment and recuitment of new Governors is as laid out in the Charity's Memorandum and Articles of Association. New Governors would be trained as deemed appropriate.
The charity's Memorandum and Articles of Association authorises the Governors to make and hold investments. In light of current economic conditions the Governors consider it prudent to continue their existing investment policy.
Objectives and activities
The objects of the charity are to carry on in the United Kingdom or elsewhere the provision of education of the highest order and to provide religious instructions and training therein in accordance with the doctrines and principles of traditional Judaism and generally to foster education and moral and religious training in accordance with the said principles.
In furtherance of its objects and in particular in relation to the provision of education, the trustees allow the charity's property to be used rent free as a school. In addition and subject to the availability of funds the charity will advance and donate money to and support other charities with objects similar to those detailed above.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 June 2022
Achievements and performance
The results of the charitable activities during the year are reflected in the attached accounts.
RISK MANAGEMENT
The Governors have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate such risks.
PUBLIC BENEFIT
The Governors have considered the guidance published by the Charities Commission and believe that the charity in carrying out its objectives, fully complies with these requirements. In particular the provision of education in accordance with the priciples of traditional Judaism. Each year the Governors review the objectives and activities of the charity to ensure that they continue to reflect these aims. In carrying out this review the Governors have considered the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.
RESERVES POLICY
It is the Governors desire to build up and maintain free reserves of the company at a level which the trustees believe is appropriate after considering both future commitments of the charity and the likely future administration costs of the charity. At this time the Governors believe that prudence dictates that these reserves should equate to at least three years average charitable distributions. The charity's reserves are represented by unrestricted funds arising from past operating results. At the year end the charity had total unrestricted funds of £9,257 (2020 £6,816).
Financial review
The financial position of the charity is as reflected in the attached Statement of Financial Position. Sufficient donations were received in the year to enable the charity to cover its overheads and make an overall net surplus this year as opposed to a net deficit last year. Thus there has been an increase in the level of reserves, however, the retained distributable reserves are less than that considered desirable by the Governors in accordance with their Reserve Policy.
The attached accounts set out the results for the year ended 30th June 2021 and reflect the state of the company's affairs at that date.
The charity does not partake in external funding activities. Funds are derived on an annual basis from independant companies associated with the Governors and this source has enabled the charity to carry out its activities.
Plans for future periods
The Governors objectives for the future are to continue to carry out the activities as detailed in their report.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 30 June 2022
The trustees' annual report and the strategic report were approved on 17 April 2023 and signed on behalf of the board of trustees by:
Mrs D Feldman Trustee
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Amhurst Park Education And Donations
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Amhurst Park Education And Donations
Year ended 30 June 2022
I report to the trustees on my examination of the financial statements of Amhurst Park Education And Donations ('the charity') for the year ended 30 June 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.
Independent examiner's statement
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:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
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
-
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).
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.
Dr P.P.Smulovitch Independent Examiner
Hallswelle House 1 Hallswelle Road London England NW11 0DH
17 April 2023
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Amhurst Park Education And Donations
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 30 June 2022
| 2022 | 2022 | 2021 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | Total funds | ||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 5,000 | 5,000 | 10,500 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 5,000 | 5,000 | 10,500 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 6,7 | 12,396 | 12,396 | 8,059 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 12,396 | 12,396 | 8,059 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Net gains on investments | 8 | (149,490) | (149,490) | – |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net income and net movement in funds | 142,094 | 142,094 | 2,441 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 9,257 | 9,257 | 6,816 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | 151,351 | 151,351 | 9,257 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 15 form part of these financial statements.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Statement of Financial Position
30 June 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 12 | 1,362,264 | 1,362,264 | |
| Current assets | ||||
| Debtors | 13 | 5,602 | 4,983 | |
| Cash at bank and in hand | 143,249 | 1,534 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |||
| 148,851 | 6,517 | |||
| Creditors: amounts falling due within one year | 14 | 1,359,764 | 1,359,524 | |
| ৄৄৄৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄৄৄৄ | |||
| Net current liabilities | 1,210,913 | 1,353,007 | ||
| ৄৄৄৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄৄৄৄ | |||
| Total assets less current liabilities | 151,351 | 9,257 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |||
| Net assets | 151,351 | 9,257 | ||
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |||
| Funds of the charity | ||||
| Unrestricted funds | 151,351 | 9,257 | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |||
| Total charity funds | 15 | 151,351 ৶৶৶৶৶৶৶৶৶ |
9,257 ৶৶৶৶৶৶৶ |
For the year ending 30 June 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 17 April 2023, and are signed on behalf of the board by:
Mrs D Feldman Trustee
The notes on pages 9 to 15 form part of these financial statements.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Statement of Cash Flows
Year ended 30 June 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 142,094 | 2,441 |
| Adjustments for: | ||
| Net gains on investments | (149,490) | – |
| Interest payable and similar charges | 18 | 17 |
| Accrued expenses/(income) | 240 | (1,200) |
| Changes in: | ||
| Trade and other debtors | (619) | (806) |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Cash generated from operations | (7,757) | 452 |
| Interest paid | (18) | (17) |
| ৄৄৄৄৄৄৄ | ৄৄৄৄ | |
| Net cash (used in)/from operating activities | (7,775) | 435 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶ | |
| Cash flows from investing activities | ||
| Proceeds from sale of other investments | 149,490 | – |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | |
| Net cash from investing activities | 149,490 | – |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | |
| Net increase in cash and cash equivalents | 141,715 | 435 |
| Cash and cash equivalents at beginning of year | 1,534 | 1,099 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Cash and cash equivalents at end of year | 143,249 ৶৶৶৶৶৶৶৶৶ |
1,534 ৶৶৶৶৶৶৶ |
The notes on pages 9 to 15 form part of these financial statements.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 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 Hallswelle House, 1 Hallswelle Road, London, NW11 ODH.
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 requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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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Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2022
3. Accounting policies (continued)
Incoming resources
All incoming resources are 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.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2022
3. Accounting policies (continued)
Tangible assets (continued)
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.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
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Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2022
3. Accounting policies (continued)
Financial instruments (continued)
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Limited by guarantee
The charity is a limited company, limited by guarantee and accordingly has no share capital.
5. Donations and legacies
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations Received | 5,000 | 5,000 | 10,500 | 10,500 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Expenditure on charitable activities by fund type | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| Insurance | 7,560 | 7,560 | 6,469 | 6,469 |
| Support costs | 4,836 | 4,836 | 1,590 | 1,590 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 12,396 ৶৶৶৶৶৶৶৶ |
12,396 ৶৶৶৶৶৶৶৶ |
8,059 ৶৶৶৶৶৶৶ |
8,059 ৶৶৶৶৶৶৶ |
6. Expenditure on charitable activities by fund type
7. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly | Support costs | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Insurance | 7,560 | – | 7,560 | 6,469 |
| Governance costs | – | 4,836 | 4,836 | 1,590 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 7,560 | 4,836 | 12,396 | 8,059 | |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
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Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2022
8. Net gains on investments
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| £ | £ | £ | £ | ||
| Gains/(losses) on investment property | 149,490 | 149,490 | – | – | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ||
| 9. | Independent examination fees | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial | statements | 1,440 | 1,440 | ||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
10. Staff costs
There were no employees during this & the previous period & thus also no staff costs and employee benefits for the current & previous period.
11. Trustee remuneration and expenses
- No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
12. Tangible fixed assets
| Land and | ||
|---|---|---|
| buildings | ||
| £ | ||
| Cost | ||
| At 1 July 2021 and 30 June 2022 | 1,362,264 | |
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ||
| Depreciation | ||
| At 1 July 2021 and 30 June 2022 | – | |
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ||
| Carrying amount | ||
| At 30 June 2022 | 1,362,264 | |
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ||
| At 30 June 2021 | 1,362,264 | |
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ||
| Debtors | ||
| 2022 | 2021 | |
| £ | £ | |
| Other debtors | 5,602 | 4,983 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
13. Debtors
- 13 -
Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2022
14. Creditors: amounts falling due within one year
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 1,440 | 1,200 |
| Amounts owed to fellow charities | 1,358,324 | 1,358,324 |
| ৄৄৄৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄৄৄৄ | |
| 1,359,764 | 1,359,524 | |
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶৶৶৶ |
15. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Gains and | At | ||||||||
| At 1 July | 2021 | Income | Expenditure | losses | 30 June 2022 | ||||
| £ | £ | £ | £ | £ | |||||
| General funds | 9,257 | 5,000 | (12,396) | 149,490 | 151,351 | ||||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |||||
| Gains and | At | ||||||||
| At 1 July | 2020 | Income | Expenditure | losses | 30 | June 2021 | |||
| £ | £ | £ | £ | £ | |||||
| General funds | 6,816 | 10,500 | (8,059) | – | 9,257 | ||||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | |||||
| Analysis of net assets between | funds | ||||||||
| Unrestricted | Total Funds | ||||||||
| Funds | 2022 | ||||||||
| £ | £ | ||||||||
| Tangible fixed assets | 1,362,264 | 1,362,264 | |||||||
| Current assets | 148,851 | 148,851 | |||||||
| Creditors less than 1 year | (1,359,764) | (1,359,764) | |||||||
| ৄৄৄৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄৄৄৄ | ||||||||
| Net assets | 151,351 | 151,351 | |||||||
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶৶৶৶ | ||||||||
| Unrestricted | Total Funds | ||||||||
| Funds | 2021 | ||||||||
| £ | £ | ||||||||
| Tangible fixed assets | 1,362,264 | 1,362,264 | |||||||
| Current assets | 6,517 | 6,517 | |||||||
| Creditors less than 1 year | (1,359,524) | (1,359,524) | |||||||
| ৄৄৄৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄৄৄৄ | ||||||||
| Net assets | 9,257 | 9,257 | |||||||
| ৶৶৶৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶৶৶৶ | ||||||||
| Analysis of changes in net debt | |||||||||
| At | |||||||||
| At | 1 Jul 2021 | Cash flows | 30 Jun 2022 | ||||||
| £ | £ | £ | |||||||
| Cash at bank and in hand | 1,534 | 141,715 | 143,249 | ||||||
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ |
16. Analysis of net assets between funds
17. Analysis of changes in net debt
- 14 -
Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 30 June 2022
18. Related parties
The £5,000 donations received during the year were from a connected charity, in relation to which there are common trustees.
- 15 -
Amhurst Park Education And Donations
Company Limited by Guarantee
Management Information
Year ended 30 June 2022
The following pages do not form part of the financial statements.
- 16 -
Amhurst Park Education And Donations
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 30 June 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations Received | 5,000 | 10,500 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total income | 5,000 | 10,500 |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Insurance | 7,560 | 6,469 |
| Legal and professional fees | 4,818 | 1,573 |
| Other interest payable and similar charges | 18 | 17 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 12,396 | 8,059 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Total expenditure | 12,396 | 8,059 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| Net gains on investments | ||
| Gains/(losses) on investment property | (149,490) | – |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Net income | 142,094 | 2,441 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
- 17 -
Amhurst Park Education And Donations
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 30 June 2022
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Insurance | ||
| Activities undertaken directly | ||
| Insurance | 7,560 | 6,469 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Governance costs | ||
| Governance costs - accountancy fees | 1,680 | 1,440 |
| Governance costs - legal and other professional fees | 3,138 | 133 |
| Governance costs - other finance costs | 18 | 17 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 4,836 | 1,590 | |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | 12,396 ৶৶৶৶৶৶৶৶ |
8,059 ৶৶৶৶৶৶৶ |
- 18 -