CHARITY REGISTRATION NUMBER: 292614 Satrnar Nursery Trust Financial Statements 31 March 2024 BRINDLEY GOLDSTEIN LIMITED Chartered accountants & statutory auditor 103 High Street Waltham Cross Herts EN8 7AN
Satmar Nursery Trust Financial Statements Year ended 31 March 2024 Page Trustees, annual report Independent audito¢s report to the members Statement of financial activities Statement of financial posilion Statement of cash flows 10 Notes to the financial statements
Satmar Nursery Trust Trustees, Annual Report Year ended 31 March 2024 The trustees present their report and the financial statements of the charity for the year ended 31 March 2024. Reference and admlnlstrative details Reglstered charity namg Salmar Nursery Trust Charity registration numbèr 292614 Principal office 4 Chardmore Road London N166HX Tha trustees Mr B. Berger Mr G. Berger Auditor Brindley Goldstein Limile Chartered aecounlanls & slalulory auditor 103 High Street Wallham Cross Herts EN8 7A Structur99 governance and management The charity Is governed by ils Declaration of Trust dated 29 July 1986. Re$erv¢s The charity retsins sufficient reserves lo enable it lo continue activities for the foreseeable future. Risk Management The trustees confirrn that there are major risks lo which Ihe charity is exposed. Publlc Benefit We have referred lo the guidance contained in the Charity Commission's general guidance on Pltblic benefit when Teviewing our aims and objective5 and in planning our future aclivilies. ObJectlve8 and actlvitles Tho charivs objectives are the provision of nursery facilities lo Include children of famllies undergolng hardship due to poverty and siokne$5 et¢. The charity 31so assisled families with small children with advice and support b8fore the Jewish holidays and al times of need and to provide consultancy and advice seTvices to other local nursery's as well as other charitable aclivilies.
Satmar Nursery Trust Trustees, Annual Report ftt)nllJutd} Year ended 31 March 2024 Achlevements and porforniance The charity has continued lo provKle direct nursery facilities for use by the local Jewsh community. In addition, the charity continued lo provide ¢onsultsncy services and support lo other nurseries and a150 continued to support needy families with grants for food and disposable good5. Fundraising via the receipt of donations continued in the year ensuring objectives sel by the charity were achleved. The charty received donalron income of £1,569,34412023-. £995,948>. Financial review The charity's activities have been financed by income from the DFEE Nursery Education Grant for the Nursery pmvision, supplemented by donations and voluntary donations to be able lo maintain ils services lo the community. The truslees have conlinued lo obtain donations whtch have resulted in the charity's satisfactory functioning. The co$15 of running the nursery and the charity in the year came lo £1.538,08212023.. £993,888). The charity had a surplus in the year of £31.38812023-. £2.0601 The fund balance al the yearnd is £139,940 {2023.' £108,552). Plans for future perlods The Iruslees are confident that they wlll be able lo continue the nursery provisior) for the lulure and continue lo ulilise the Trusl to support needy families and other nurseries. The Trustees are continuing lo explore avenues of income lo enable them lo enlarge nursery facililies. Trustees. responsibilities statement The Iruslees a responsitje for preparing the Iruslees, report and the financlal statements in accordance with spplicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PraGlicel. The law applicable to charities in England and Wales requires the charity Iruslees lo prepare financial slalemenls for each year which give a true and fzir view of the state of affairs of the charity and of the in¢omlng resour¢es and applulion of resources, of the charity for that per. In preparing these financial slalements. the Iruslees are reqtjlred lo-. seleGt suitable accounting policies and then apply them consislenlly,. observe the methods and principles in the applicable Charities SORP.. make judgments and accounting estimates that are reasonable ané prudent., slate whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the finan¢ial slalemenls., prepare Ihe financial slalements on the going concern basis unless il is inappropriate lo presume that the eharty will continue in business.
Satmar Nursery Trust Trustees, Annual Report (ronllnuod) Yoar endèd 31 March 2024 The Iru5t885 are responsible r ke&ping a0qt? aountn9 IrdS that are sufflclenl to show and expl8ln tho ctsrfty's Iransoclions Ènd dr8close with reasonabl8 accuracy a ary time the flnan¢ial po811n of the chorty and enable them to ensure th81 the flnanclal Slatements comply wth the Charilies Act 2011, the applKab16 Chartt5 (Accounts and Reports} ReQutIons, and the provlslons of the Tru81 Deed. They are also responsible ICY safeguard9 the •5sets of the charity and hence for tsking reBsonoble step$ for the pievention and dete¢tion Qf fraud 8rhJ other irre9ubrities. The trustees, annual r trustee5 by.. was approved on 22 July 2U24 and sionad on behall of thé board of Mr B. Berper Trustee
Satmar Nursery Trust Independent AudFtorfs Report to the Members of Satmar Nursery Trust Year ended 31 March 2024 Oplnlon We have audited the financial statements of Salmar Nursery Trust Ilhe 'charily'l for the year ended 31 March 2024 which comprise the slalement of financial aclivilies. statement of financial posttion, stslement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting fvamework that h85 been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK £nd Republic of Ireland (United Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial stalernentS-. give a true and fair view of the slate of the ch8rily's affairs as al 31 March 2024 and of ils incoming fesour¢es and application of resources. induding ils income and expendiluie, for the year then end8d-, have been properly prepared in accordance with United Kingdom G8neralty Accepted Accounting Practice,. have been prepared in accordanct with the requirements of the Charities Act 2011. Basls for oplnlon We Conducted our audit in accordan with International Standards on Auditing (UK) IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for Ihe audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements Ihal are relevant lo our audit of the financial stalement5 in the UK, including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audil evidence we have obtained is sufFicient and appropriate to provide a basis for our opinlon. oncluslons relatlng to going concern In auditing the financial slBlements, we have concluded that the trustees, use of the going concern basis of accounting in the prepBr21ion of the financial statements is appropriate. Based on the work we have tErformed, we have not idenlified any material unGerlainties relating lo events or conditions that, individually or collecliv&ly, may casl signrfi¢anl doubl on the charity's ability to continue as a going concern for 8 period of al least twelve months from when the financial slalemenls are authorised for issue. Our responsibilities and the responsibilities of the trustees wtth respect lo golng concern are described in the relevant sections of this repori.
Satmar Nursery Trust Independent Audltor's Report to the Members of Satmar Nursery Trust (¢OnlhJu¢d) Year ended 31 March 2024 Other information The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The Iruslees are responsible for the other information. Our opinion on the financial statements does not eover the other information and. except lo the extent olheMse explicitly stated in our report, we do not express 2ny form of assurance conclusion Ihereon. In connection with our audit of the financial stalemenls, our respon5ibilily is lo read the other information and, in doing so, consider whether the other information is malerially inconsistent with the financial slalemenls or OLJr knowledge obtained in the audit or otherwise appears lo be materially misslaled. If we idenlrfy such material inconsistencies or apparenl malerial misstalemenls, we are required to determine whether there is a material misslalemenl in Ihe financial statements or a matertal misslalement of the other information. If, based on the work we have performed, we conclude Ihat there is a malerial misslatemenl of this other information, we are required to Teport that fact. We have nothing lo rewt in this regard. Mattefs on whlch we are requlred to report by exception In the light of the knowledge and understanding of the charity and ils environment obtained in the eOLJrse of the audit, we have not identified material misstatements in the Iruslees, report. We have nothing lo report in respect of Ihe followng matters in relation lo which the Charities Act 2011 requires us to report lo you if, in our opinion.. Ihe informalion given in the trustees. report is inconslslenl In any material respect with the financial slalemenls., or adequate accounting records have not been kept., or the financlal statements are not in agreement wlh the accounting records and returns., or we have not receNed all the infom)ation and explanallons we requbre for our audit. Rtsponsibilities of trustees A8 explained more fully in the Iruslees, responsibilities slatemenl, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a trLJe and fair VEW, and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial slalemenls that are free from material misslalemenl, whether due to fraud or error. In preparing the financial 51aiemenls. the Iruslees are responsible for assessing the charity's ability to continue as a going concefn, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the Iruslees either intend lo liquidate the charity or to cease operatk)ns, or have no realistic alternative bul lo do so.
Satmar Nursery Trust Independent Auditor's Report to the Members of Satmar Nursery Trust {eonènugdJ Year ended 31 Mar¢h 2024 Audltorfs responglbllltles for the audlt of the flnan¢ial statemenis Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslalemenl, whether due lo fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK} will always delect a material misslalemenl when 11 exisls. Misstslemenls can arise from fraud or error and are considered material rf, individually or in the ag9regate, Ihey could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial slalemenls. ITregularilles, including fraud, are instances of non-compliance with laws and regulations. We design prOdre$ in line with our responsibilities, outlined above, to delecl material misslatemenls in respect of irregularities, including fraud. The extent to whh our proceéures are capable of delecling rregularities, includlng fraud is detailed below.. Identifying and testing journal entries and Ihe overall accounting records, particularly those that were SignifinI and unusual. Reviewing the financial statement disclosures and determining whether accounting pol10S have been appropriately applied_ Assessing the extent of compliance, or lack of, wlh relevant laws and regulations. Testing key revenue lines, for evidence of man3Jem8nl bias. Verrflcalion of key assets. Obtaining Ihird-party confirmation of material balances. Documenting and verifying all sunrficant related party balances and trans8¢tions. Reviewing doGumenlalion such as the company board minutes, correspondence with 80licilors. for discu55K)ns of irregularities including fraud. As part of an audit in accordance with ISAS IUKI, we exertise professional judgment and maintain professional sceplicism throughout the audll. We also: Identrfy and assess the risks of material mlsst21emenl of the financial slatemenls, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit eviden Ihal is sufficient and appropriate lo provide a basis for our opinion. The risk of not deleGling a material misslatemenl resulting from fraud is higher than for one resulting frorn error, a5 fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of inlernal control rebvanl lo the audit in order to deslgn audit procedures that are appropriate in the circumslariGes, but not for the purpose of expressing an opinion on the effectiveness of the internal control. Evaluate the approprialeness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
Satmar Nursery Trust Independent Auditor's Report to the Members of Satmar Nursery Trust (conunuod) Year ended 31 March 2024 Conclude on the 8pproprialenes8 of the Iru8lees' use of the going concern basis of accounting and, based on Ihe audit evidence obt8in8d. whether a material uncertainly exists rela18d lo evenls or Gondilions Ihal may cast significant doubl on the charity's ability to continue as a going concern. If we Conclude Ihal a material uncertainly exists. we are required to draw attention in our auditor's report to the related disclosures in the fbnancial slalemenls or, if such disclosures are inadequate. lo modify our opinion. Our conclusions are basèd on the audit evidence obtained up to the dale of our auditor's report. However. future events or conditions may cause the charity lo cease lo continue as a going concern. Evaluate the overall presentation. structure and conlenl of the financial 51alemgnls, including the dlsclosures, and whelhef the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We ¢ommunicale with those charged with governance regarding, among other mallers, the pFanned scope and liming of the gudil and signrficanl audit findings, including any signrficant deficiencies In internal conlrol that we idenlrfy during our audit. Use of ouy report This report is made solely lo Ihe charity's members, as a body, in accordance with section 144 of the Charities Act 2011 and regulations rnade under seclK)n 154 of that Act. Our audit work has been urKlertaken so that we might slate to the charity's members those mallers w8 are required lo slate lo them in an audilorfs report and for no other purpose. To the fullesl extent permilled by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's members as a body, for our audit work. foT this report, or for the oplnions we have formed. Mr Charte5 Goldstein {Senior Stalulory Auditor} For and on behalf of Brindley Goldstein Limited Chartered accounlanls & slatulory aud¢tor 103 High Street Wallham Cross Herts EN8 7AN 22 July 2024
Satmar Nursery Trust Statement of Financial Activities Year ended 31 March 2024 2024 Unrestricted funds Total funds 2023 Total fund5 Mote Income and endowments Donations and legacies Charitable activities 1,569,344 126 1,569.344 126 995,948 Total income 1,569,470 1.569,470 995.948 Expendlture Expenditure on charitable actwilies Total Oxpendlture 1,538,082 1,538,082 1.538,082 993.888 1,538,082 993,888 Net income and net mov8m9nl in funds 31.388 31,388 2,060 ReGonciliatlon of funds Total funds brought forward Total funds carried forward 108,552 108,552 106,492 108,5S2 139,940 139,940 The slalement of financial activrties inclu(les all gains and1055es recognised in the year. All income and expenditure derive from continuing aclivilies. Th• not•s on pag•s 11 to 18 f¢mi part of these financial stalemonts.
Satmar Nursery Trust Statsment of Flnanclal Position 31 March 2024 2024 2023 Notsf Flxed asets Tangible fixed a88ets 13 105.059 39.502 Curront assetB Debtors Cash al bank and In hand 14 15,728 66,744 4B,300 48.300 82,472 Cr•ditoTr.' amounts falllng due wlthln y•ar Net Gurrent a$sets 15 13.419 13,422 34.881 69,050 108.552 T+)tsl a$$ets less current118bllltle8 139.940 139.94D 108.552 Funds of the ¢hary Unrestricted lund$ 139,940 139,940 108,552 108,552 Total ch?rfty fund$ 16 These Ilnanckl slElem July 2024, aThJ are 8i9n' nisw re approved by the boArd of trustees and 8uthorised for issue on 22 eh811 of the board by: MrB. B Trustee Th• ntsts• M p•ge¥ 11 to 18 fomi p•rt of the8• ffinandal 8tbtrmont#.
Satmar Nursery Trust statement of Cash Flows Year ended 31 March 2024 2024 2023 Cash flow$ from opeiatSng actlvltles Net income 31,388 2.060 Adjustments for.- Depreciation of tangible rued assets Interest payable and similar charges Accrued expensès 17,899 159 5,250 5.380 300 1,350 Changes in.- Trade and other debtors Trade and other creditors 15,728 15,2531 65.171 {15,7281 11,214 Cash generated from operations 4,576 Interest paid Net cash from operating activities 11591 65,012 {3001 4.276 Cash flows from investing activitios Purchase of tangible assets Nel ¢ash used in investing actwities 183,456) 183,4561 (15.534) 115,534) Net decrease in Gash and cash equlvalents Cash and cash equivalonls at beglnnlng of year Cash and cash equlvalents at end of year (18,4441 66,744 {11,258} 78,002 48,300 66.744 The notes on pag•s 11 to 18 forni part ofthesg flnanclal stat¢ments. 10
Satmar Nursery Trust Notes to the FFnancial Statements Year ended 31 March 2024 General informatlon The charity is a public benefit enlty and a registered charity in England and W81es an(1 is unincorporated. The address of the principal office is 4 Chardmore N16 6HX. Statement of compllance These financial slalemenls 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 lo charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republ of Ireland (FRS 102) (Charitie8 SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basis of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certaln financK81 assets and liabilities and investment properties measured al fair value through income or expenditure. The financial stalemenls are prepared in sterling. which is the funotional currency of the entity. Going concern There are no material uncertainties about tho charity's abilty to continue. Di5c105ur8 ex8rnptions Disdosures in respect of flnanclal instruments have not been presented. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management lo make judgements, eslimales and assumptions that affect the amounts reported. These estimates and jud9emenls are conlinu8lly reviewed and are based on experience and other factors, including expecL9tions of future even18 that are believed lo be reasonablè Ljnder the circumslances. Fund accounting Unrestricted funds are available for use 81 the discretion of the trustees lo further any of the charity's purposes. Designated funds are unreslricled funds earmarked by Ihe trustees for partlcular future project or commitment. Reslricled 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.. restrbcted income funds or endowment funds. 11
Satmar Nursery Trust Notes lo the Financlal Statements (contlnued) Year ended 31 March 2024 Accountlng pollcies {¢Dntlnu•dJ Incoming resources All incoming resourS are included in the statement of financial activities when entillemenl has passed to the charty,. il is probable that the economic benefits ass(Kialed with the transaclion will flow lo the charity and the amount can be reliably measured. The following specrfic policies are applied to particular categories ot income.. income from don31ions or grants is recognised when there is evidence of entitlement lo the gift. receipt is probable and ils amount can be measured reliably. legacy income is recognised when re¢eipl is probable and enlillemenl is established. income from donated goods is measured at the fair value of the goods unless thi5 15 impractical to messure reliably, in which case the value is derived from the cost to Ihe donor or the eslimaled resale value. Donated facili(ies and services are recognised in the aecounts when reiVed rf the value can be rèliably measured. No amounts are included for the eontribulion of general volunteers. income from contracts for the supply of services Is retognised with the delivery of the contracted service. This is classified as unreslricled funds unless there is a Conlraclual requirement for il lo be spent on a particular purpose and returned rf unspent, in which case il may be regarded as reslrided. Resources expendod Expenditure is recognised on an accruals basis as a liability is incurred. Expendrture includes any VAT which cannot be fully recovered, and is classrfted under headings of the slalemenl of financial activities lo which il relates.. expenditure on raising funds in¢ludes the costs of all fundraising aclivilies. evenls, non-ch8rilable trading aclivilies. and the sale of donated goods. expenditure on charitable activities include5 all costs incurred by a charity in undertaking activities that further ils charitable aims for Ihe benefit of ils beneficiaries, including those support costs and costs relating Éo the governance of the charity apwrtioned lo charitable aclivilies. other expenditure includes all expendlture that Is nellher related to raising funds for the harily nor part of ils expenditure on charltable actIvit8. AII c051s are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly lo that aclivily. Shared costs are apportioned beeen the activities they contribute lo on a reasonable, justifiable and consistent basis. Operating leases Lease payments are r8cognis8d as an expense over the lease term on a slraighl-line basis. The aggregate benefit of lease incentives is r8cognised as a reduction lo expense over the lease term. on a straighl-line basis. 12
Satmar Nursery Trust Notes to the Financial Statements (tInued) Year ended 31 March 2024 Accounting policies (contsnued) Tangibl8 assot8 Tangible assets are initially recorded al cosl. subsequently slated at cost less any accumulated depreciation and impairmer)I losses. Any tangible assets carried al revalued amounts are recorded at Ihe fair value al the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaiiment108ses. An increase in the carrying amount of an asset as a result of a revaluation. is rec£*gnised in other recognised gains and losses, unless il reverses a charge for impairment Ihal has previously been recognise(J as expenditure within the statement of financi81 acltvilies. 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 il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains ar losses on the statement of financial activities. Depreclation Depreciation is calcvlaled so as to write off the cost or valuation of an asset, less ils residual value, over the useful economic lrfe of that asset as follows.. Fixtures and fittin95 Motor vehicles 15•k straight line loo straight line Impalm)ent of flxed assets A review for indicators of impalrmenl is carried out al 8ach 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 al each reporling dale. For the purposes of impairment testing, when il is not possible Its estimate the recoverable amount of an indfviéual asset. 8n estimate Is made of the recoverable amount ol the cash-generaling unil to whh the asset belongs. The eash-generaling unil is th8 smallest identifiable group of assets that Includes the asset and generales cash inflows that largely independent of the cash infiows from other assets or groups of assets. For impairment le51ing of goodwill, the goodwill acquired in a buslness combinalion is. from the acquisilion date, allocated to each of the cash-generaling units that are expected lo benefit from the synergies of the combination, irrespeclive of whether other assets or liabilities of the charity are assigned lo those unil5. 13
Satmar Nursery Trust Notes to the Financial Statements Iconflnu&d) Year ended 31 March 2024 Donations and legacies Unreslricled Total Funds Unreslri¢ted Total Funds Fund5 2024 Funds 2023 Donations Donations and 9rfts 365,719 365,719 225,746 225,746 Grants The Learning Trust 1,203,625 1,569,344 1,203,625 770,202 770,202 995,948 1,569,344 995,948 14
Satmar Nursery Trust Notes to th¢ Financial Statements Icontlnued) Year ended 31 March 2024 Charitable activitles Unreslricled Total Funds Unreslricled Total Funds FurKfjs 2024 Funds 2023 Services- card cash back 126 126 Expènditure on charitable actlvltles by fund type Unrestricted Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Nursery cost Support Costs 1,509.501 28.581 1,509,501 28,581 976,549 17,339 976,549 17,339 993.888 1,538,082 1,538,082 993.888 Exponditura on charitablg activities by actlvlty typ• Activities undertaken Grant funding directly of activities Support Total funds costs 2024 Total fund 2023 Nursery Cost Governance cosls 1.342.972 166.529 1,509,501 28,581 963,314 30,574 993,888 28,581 1,342,972 166.529 28,581 1.538,082 Analy$l$ of grants 2024 2023 Grants Grants 166.529 161,130 Total grants 166.529 161,130 et Incoma Net income is slated after chargingllcreditingl: 2024 2023 Depreciation of tangible fixed assets Operating lease rentals 17.899 1.216 5,380 1,146 15
Satmar Nursery Trust Notes to tho Financial Statements (contlnu8d) Year ended 31 March 2024 10. Auditor8 remuneTatlon 2024 2023 Fees payable for the audit of the financial slalemenls 7,200 11. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security costs 473,552 3.362 195.211 476,914 195,211 The average head count of employees during the year was $412023.. 13}- The average nurnber of full-lim8 equivalent employees during the year is analysed as follows.. 2024 No. 2023 No. Number ofstaff 13 No employee received ernployee benefits of more than £60,000 during the year12023.' Nill. 12. Trustee remuneratlon and expenses No remuneration or other benelils from employmenl wilh the charily or a related entity were received by the trustees. 13. Tangible fixed assets Fixtures and filtsngs Motor vehicl8S Total Cost Al 1 April 2023 Addrtions 16.596 83.456 28.914 45,510 83,456 At 31 March 2024 100,052 28,914 128,966 Depre¢iatipn Al 1 April 2023 Charge for the year At 31 March 2024 2.635 15,008 3,373 2,891 6,008 17,899 23,907 17.643 6.264 Carrying amount At 31 March 2024 82,409 22,650 105,059 Al 31 March 2023 13,961 25,541 39.502 16
Satmar Nursery Trust Notes to the Financial Statements (continued) Year ended 31 March 2024 14. Debtors 2024 2023 Trade debtors 15,728 15. Credltors: amount$ falllng due within one year 2024 2023 Trade creditors Accruals and deferred incorne Social security and other taxes Other creditors 6.047 7.200 172 11.216 1.950 256 13.419 13,422 16. Analysis of charitable funds Unrestricted funds At 31 March 20 24 Al 1 April 2023 Income Expenditure General funds 108.552 1,569.470 (1.538.082) 139.940 At 31 March 20 23 Al 1 April 2022 Income Expenditure General funds 106,492 995,948 (993,8881 108,552 17. Analysis of net assets bgtwgen funds Unrestricted Total Funds Funds 2024 Tangible fixed assets Current 8ssels Creditors less than 1 year Net assets 105,059 48,300 {13,4191 139,940 105,059 48,300 113,419} 139,940 Unreslricled Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assels 39,502 82,472 113,422) 108,552 39,502 82.472 113,422) 108.552 17
Satmar Nursery Trust Notes to the Financial Statements Iconlinuedj Year ended 31 March 2024 18. Analysis of changes in n•t dobt At Al 1 Apr 2023 Cash flows 31 Mar 2024 Cash at bank and in hand 66,744 118.4441 48,300 18