## # ## ||||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|