2020-08-31-accounts

			Page
Trustees' report
Statement of	financial	activities
Balance sheet
Notes to the accounts
			7 —10
Independent	examiners	report

T
rustees:	Mr Aryeh Schonberg
	Mr Abraham Posen
	Mr Zvi Abenson
Charity office:	458 —460Lower Broughton Road
	Salford
	Manchester
	M72 FG

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	2020	2020	2020	2019
Income and endowments
Donations and legacies Other income			4 5	33,968 257,471		33,968 257,471	111,569 188,488
Total income				291,439		291,439	300,057
Expenditure
Expenditure on charitable Grants distributed	activities			191,390		191,390	167,366
							986
Total expenditure				191,390		191,390	168,352
Net income and net movement Reconciliation offunds		in funds		100,049		100,049	131,705
Total funds brought forward				6,347	100,000	106,347	(25,358)
Total funds carried forward				106,396	100,000	206,396	106,347

	Notes		2020		2019
Fixed assets
Tangible assets			509,379		463,831
Current assets
Debtors Cash in bank	10	15,556 48,982		16,559
Creditors: due in one year		64,538 (660)		16,559 (600)
Net current assets			63,878		15,959
Total assets less current liabilities			573,257		479,790
Creditors: due after one year	12		(366,861)		(373,443)
			206,396		106,347
Funds ofthe charity
Restricted funds Unrestricted funds			100,000 106,396		100,000 6,347
			206,396		106,347

	Unrestricted	Restricted	Total funds	Total funds
	funds	funds	2020	2019
Donations Grants —lottery	33,968		33,968	100,000
Grants —student				11,569
	33,968		33,968	111,569

ther income
	Unrestricted	funds	Unrestricted	funds
		2020		2019
Student fees Government Government	funding 2018/19 funding 2019/20	98,590 9,966 148,915		90,891 97,597
		257;471		188,488

		For the year ended	31August 2020
	6.	Analysis ofexpenditure
		Support costs	2020	2019
		Staff costs Lecturers Advertising Cleaning and waste Telephone and internet Repairs Extracurricular activities Security costs Heat and light Exam registration fees Insurance Postage, printing, stationery Rent Rates Supplies Travel Water General office Professional fees Governance costs Training costs Other interest payable Depreciation Sundry	82,936 8,372 436 4,705 730 5,949 16,056 1,363 15,967 1,121 412 4,216 4,891 5,999 4,803 374 6,645 959 1,103 22,400 959 994	67,977 17,678 228 6,920 728 2,339 21,105 525 7,853 1,194 5,852 3,240 6,839 2,824 1.223 7,575 1,872 980 3,285 6,443 260 426
			191,390	167,366
7.		Staff costs
			2020	2019
		Wages and salaries Lecturers Social security costs Employer pension contributions	81,260 8,372 679 997	66,139 17,678 1,340 498
			91,308	85,655

				Land &	Computer	Fixtures and
				buildings	Equipment	Fitting	Total
	Cost B/F Additions			462,356 41,588	4,919	1,735	464,091 46,507
				503,944	4,919	1,735	510,598
	Depreciation
	B/F
	Charge for the year				738	260 221	260 959
					738	481	1,219
	Carrying amount
	At 31August	2020		503,944	4,181	1,254	509,379
	At 31August	2019		462,356		1,475	463,831
10.	Debtors: amounts		due in one	year
						2020	2019
	Government Other debtors	exam funding				13,915 1,641
						15,556

		Fo	r the year ended 31Aug	ust 2020
11.	Creditors:	amounts	due in one year
				2020	2019
	Trade creditors
				660	600
12.	Creditors:	amounts	due after one year
				2020	2019
	Bank loans
	Other creditors			50,000
				316,861	373,443
				366,861	373,443