||Pages|| |---|---|---| |Trustees} Annual Report||| |Auditoris Report||| |Statement of Financial Activities||10| |SummaryIncome and Expenditure Account||11| |Balance Sheet||12| |Statement of Cash flows||13| |Notes to the Accounts|14 to|20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted||| |---|---|---|---|---| |||funds|Total funds|Total funds| |||2024|2024|2023| ||Notes|||| |Income and endowments||||| |from:||||| |Donations and legacies|4|||246,835| |Other operatingincome|5|3,270|3,270|| |Total|||1,039/899|246,835| |Expenditure on:||||| |Raisingfunds|6|6,159|6,159|| |Charitable activities|7|101,661|101,661|30,345| |Administrative expenses|8|139,836|139,836|151,393| |Total||247,656|247,656|181,738| |Net gains on investments||||| |Net income|9|792,243|792,243|65,097| |Transfersbetween funds||||| |Netincome before other||||| |gains/(losses)||792,243|792,243|65,097| |Other gains and losses||||| |Transferredfrom related||||| |charity||579,660|579,660|| |Net movement in funds|||1,371,903|65,097| |Reconciliation of funds:||||| |Total funds brought forward||4,318,217||| |Total funds carried forward||||4,318,217| ||2024|2023| |---|---|---| |Income||246,835| |Gross income for theyear||246,835| |Expenditure|134,677|46,706| |Interest payable|10,429|55,471| |Depreciation and charges for||| |impairment of fixed assets|102,550|79,561| |Total expenditure for the year|247/656|181,738| |Net income before tax for the year|792,243|65,097| |Net income for the year|792,243|65,097| |Company No.
09196187|Notes|2024|2023| |---|---|---|---| |Fixed assets|||| |Tangible assets|11||| ||||5,407,328| |Current assets|||| |Debtors|12|3,158|192,442| |Cash at bank and in hand||369,730|42,719| |||372,888|235,161| |Creditors: Amount falling due within one year|13|(7,985)|(584,230)| |Net current assets/(liabilities)||364,903|(349,069)| |Total assets less current liabilities|||| |Creditors: Amounts falling due after more than one year||(5,128)|(740,042)| |Net assets excluding pension asset or liability|||4,318,217| |Total net assets|||4,318,217| |The funds ofthe charity|||| |Restricted funds|15||| |Unrestricted funds|15||| |General funds||5/690,120|4,318,217| ||||4,318,217| |Reserves|15||| ## ||2024|2023| |---|---|---| |Cash flows from operating activities||| |Net income per Statement of Financial Activities||65,097| |Adjustments for:||| |Depreciation of property, plant and equipment|102,550|79,561| |Dividends, interest and rents from investments|(3,270)|| |Decrease in trade and other receivables|189,284|68,037| |(Decrease)/lncrease in trade and other payables|(576,245)|| |Net cash provided by operating activities||214,136| |Cash flows from investing activities||| |Payments for property, plant and equipment|(25,567)|(67,858)| |Dividends, interest and rents from investments|3,270|| |Net cash used in investing activities|(22,297)|(67,858)| |Cash flows from financing activities||| |Repayment of borrowings|(734,914)|(259,563)| |Net cash used in financing activities|(734,914)|(259,563)| |Net increase/(decrease) in cash and cash equivalents|327,011|(113,285)| |Cash and cash equivalents at the beginning of the year|42,719|156,004| |Cash and cash equivalents at the end of the year|369,730|42,719| |Components ofcash and cash equivalents||| |Cash and bank balances|369,730|42,719| ||369,730|42,719| ## ## |Income|| |---|---| |Recognition of|Income is included
in the Statement of Financial Activities (SOFA) when the charity| |Income|becomesentitled to, and virtually certain to receive, the income and the amount of| ||the income can be measured with sufficient reliability.| |Income with related|Where income has related expenditure the income and related expenditure is| |expenditure|reported gross in the SoFA.| |Donations and|Voluntary income received by way ofgrants,donations and gifts is included in the| |legacies|the SOFA when receivable and only when the Charity has unconditional| ||entitlement to the income.| |Tax reclaims on|Income from tax reclaims is included in the SOFA at the same time as the| |donations and gifts|gift/donation to which it relates.| |Donated services|These are only included in income (with an equivalent amount in expenditure)| |and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and| ||rnaterial.| |Volunteer help|The value ofany volunteer help received is not included in the accounts,| |Investment income|This is included
in the accountswhen receivables| |Gains/(losses)on|This includes any gain or loss resulting from revaluing investments to marketvalue| |revaluation offixed|at the end of the year.| |assets|| |Gains/(losses) on|This includes any gain or loss on the sale ofinvestments.| |investment assets|| |es to the Accounts|| |---|---| |Expenditure|| |Recognition of|Expenditure is recognised on an accruals basis. Expenditure includes any VATwhich| |expenditure|cannot be fully recovered, and is reported as part of the expenditure to which it| ||relates.| |Expenditure on|These comprise the costsassociated with attracting voluntary income, fundraising| |raising funds|trading costs and investment managementcosts.| |Expenditure on|These comprise the costs incurred by the Charity in the delivery of its activities and| |charitable activities|services in the furtherance of its objects, including the making of grants and| ||governance costs.| |Grants payable|All grantexpenditure is accounted for on an actual paid basis plus an accrual for| ||grants that have been approved by the trustees at the end of the year but not| ||yet paid.| |Governance costs|These include those costsassociated with meeting the constitutional and| ||statutory requirements of the Charity, including any audit/independent| ||examination fees, costs linked to the strategic management of the Charity,| ||together with a share of other administration costs.| |Other expenditure|These are support costs not allocated to a particularactivity.| ## ## ## ## ## ## ## ## ## ## ## ## |3
Statement of Financial Activities
prioryear|||| |---|---|---|---| |||Unrestricted|| |||funds|Total funds| |||2023|2023| |Income and endowments from:|||| |Donations and legacies||246,835|246,835| |Total||246,835|246,835| |Expenditure on:|||| |Charitable activities||30,345|30,345| |Administrative expenses||151,393|151,393| |Total||181,738|181,738| |Net income||65,097|65,097| |Net income before other||65,097|65,097| |gains/(losses)|||| |Other gains and losses:|||| |Net movement in funds||65,097|65,097| |Reconciliation of funds:|||| |Total funds brought forward|||| |Total funds carried forward||4,318,217|4,318,217| |4
Income from donations and legacies|||| ||Unrestricted|Total|Total| |||2024|2023| |Donations and legacies|628,715|628,715|246,835| |New temple donations|407,914|407,914|| ||||246,835| |5
Other income|||| ||Unrestricted|Total|Total| |||2024|2023| |Other operating income received|3,270|3,270|| ||3,270|3,270|| |6|Expenditure on raising funds|||| |---|---|---|---|---| |||Unrestricted|Total|Total| ||||2024|2023| ||Fundraising trading costs|||| |||6,159|6,159|| |||6,159|6,159|| |7|Expenditure on charitable activities|||| |||Unrestricted|Total|Total| ||||2024|2023| ||Expenditure on charitable|||| ||activities|||| |||101/661|101,661|30,345| ||Governance costs|||| |||101,661|101,661|30,345| |8|Other expenditure|||| |||Unrestricted|Total|Total| ||||2024|2023| ||Bank loan and overdraft|||| ||interest payable|10,429|10,429|55,471| ||Premises costs|20,769|20,769|15,645| ||Amortisation, depreciation,|||| ||impairment, profit/loss on|102,550|102,550|79,561| ||disposal of fixed assets|||| ||General administrative costs|3,388|3,388|716| ||Legal and professional costs|2,700|2,700|| |||139,836|139,836|151,393| |9|Net income before transfers|||| |||2024||2023| ||This is stated after charging:|||| ||Depreciation of owned fixed assets|102,550||79,561| ## |11|Tangible fixed assets|Land and|Furniture &|Total| |---|---|---|---|---| |||buildings|fixtures|| ||Cost or revaluation|||| ||At 1 August 2023||24,741|| ||Additions|23,095|2,472|25,567| ||At 31 July 2024||27,213|| ||Depreciation and|||| ||impairment|||| ||At 1 August 2023|316,154|24,741|340,895| ||Depreciation charge for the|101,932|618|102,550| ||year|||| ||At 31 July 2024|418,086|25,359|443,445| ||Net book values|||| ||At 31 July 2024|5,328,491|1,854|5,330,345| ||At 31 July 2023|||| |12|Debtors|||| |||2024||2023| ||Other debtors|||190,000| ||Prepayments and accrued income|3,158||2 442| |||3,158||192,442| |13|Creditors:|||| ||amounts falling due within oneyear|||| |||2024||2023| ||Other creditors|||579,660| ||Accruals|7,985||4,570| |||7,985||584,230| |14|Creditors:|||| ||amountsfalling due after more than one year|||| |||2024||2023| |||||E| ||Bank loans and overdrafts|5,128||740,042| |||5,128||740,042| |15|Movement in funds||||| |---|---|---|---|---|---| ||||Incoming||| ||||resources||| ||||(including|Resources|At 31 July| ||||other|expended|2024| |||At 1 August|gains/losses)||| |||2023|||| ||Restricted funds:||||| ||Unrestricted funds:||||| ||General funds||1,619,559|(247,656)|| ||Total funds|4 318 217|1 619 559||5 690 120| |16|Analysis of net assets between funds||||| |||||Unrestricted|| ||||||Total| |||||funds|| ||Fixed assets||||| ||Net current assets|||364,903|364,903| ||Creditors due in more than one year and
provisions|||(5,128)|(5,128)| |||||5 690 120|5 690120| ## |||At 1 August||At 31 July| |---|---|---|---|---| |||2023|Cash flows|2024| |Cash|and cash equivalents|42,719|327,011|369,730| |||42,719|327,011|369,730| |Bank|loans|(740,042)|734 914|(5,128)| |||(740/042)|734,914|(5,128)| |Net|debt|||364 602| ## ## ##