2021-07-31-accounts - The Gateshead Jewish Nursery

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Page
Trustees'	annual report
Trustees'	responsibilities statement
Independent auditor's		report to the trustees of The Gateshead
Jewish Nursery
Statement	of financial	activities	12
Statement	offinancial	position	13
Statement	ofcash flows		14
Notes to the financial statements			15

Reference and administrative	Reference and administrative	Reference and administrative	details
Registered	charity	name	The Gateshead		Jewish	Nursery
Charity registration		number	511204
Principal office			Alexandra Road
			Gateshead
			Tyne &Wear
			NE8 1RB
The trustees
			Mrs R Hirsch
			Mrs A Katz
Auditor			Haffner Hoff	Ltd
			Accountants	& statutory		auditor
			2nd Floor - Parkgates
			Bury New Road
			Prestwich
			Manchester
			M25 OTL
Bankers			Lloyds Bank	pic
			15West Street
			Gates head
			Tyne 8 Wear
			NE8 1DP

Year ended 31July 2	021
				2021		2020
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note	6	8	8	8
Income and endowments Donations and legacies Charitable activities		4 5	76,336 1,195,721	46,824	123,160 1,195,721	189,699 1,142,340
Total income			1,272,057	46,824	1,318,881	1,332,039
Expenditure Expenditure on charitable	activities	6,7	1,082,628	46,824	1,129,452	1,167,374
Total expenditure			1,082,628	46,824	1,129,452	1,167,374
Net income			189,429		189,429	164,665
Other recognised gains Gains from revaluation of	and losses fixed assets					32,182
Net movement in funds			189,429		189,429	196,847
Reconciliation offunds Total funds brought forward			1,363,699		1,363,699	1,166,852
Total funds carried forward			1,553,128		1,553,128	1,363,699

				2021	2020
Fixed assets			Note	6
Tangible fixed assets			13	1,545,532	1,540,133
Current assets
Stocks Debtors Cash at bank and in hand			14 15	3,200 19,200 426,131	5,000 101,543 164,672
				448,531	271,215
Creditors: amounts	falling due within one year		16	119,532	103,494
Net current assets				328,999	167,721
Total assets less current		liabilities		1,874,531	1,707,854
Creditors: amounts	falling	due after more than
one year			17	321,403	344,155
Net assets				1,553,128	1,363,699
Funds ofthe charity
Unrestricted funds:
Revaluation reserve Other unrestricted income funds				172,182 1,380,946	172,182 1,191,517
Total unrestricted funds				1,553,128	1,363,699
Total charity funds			20	1,553,128	1,363,699

Year ended 31 July 20	21
			2021	2020
			E
Cash flows from operating Net income	activities		189,429	164,665
Adjustments for: Depreciation oftangible fixed assets Interest payable and similar charges Accrued expenses/(income)			1,844 11,609 11,561	1 12,624 (3,795)
Changes in: Stocks Trade and other debtors Trade and other creditors			1,800 82,343 1 132	(5,000) (77,571) (17,518)
Cash generated from operations			299,718	73,406
Interest paid			(11,609)	(12,624)
Net cash from operating activities			288,109	60,782
Cash flows from investing Purchase oftangible assets	activities		(7,243)
Net cash used in investing	activities		(7,243)
Cash flows from financing Proceeds from borrowings Payments offinance lease	activities liabilities		(22,595) 3,188	(21,110)
Net cash used in financing	activities		(19,407)	(21,110)
Net increase in cash and cash equivalents Cash and cash equivalents at beginning		ofyear	261,459 164,672	39,672 125,000
Cash and cash equivalents at end ofyear			426,131	164,672

Expenditure on ch	aritable activities by	fund type
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
Provision of nursery Supportcosts	education	998,155 84,473	E 46,824	E 1,044,979 84,473
		1,082,628	46,824	1,129,452
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		E	E	F
Provision of nursery Supportcosts	education	1,040,959 86,696	39,719	1,080,678 86,696
		1,127,655	39,719	1,167,374

7.	Expenditure	on cha	ritabl	e ac	tivities by activity type	tivities by activity type
					Activities
					undertaken		Support	Total	funds	Total fund
						directly f	costs f		2021 f	2020 F.
	Provision of Governance	nursery costs	education		1,044,979		76,974 7,499	1,121,953 7,499		1,159,875 7,499
					1,044,979		84,473	1,129,452		1,167,374
8.	Analysis of	support	costs
							Analysis of
							support costs F	Tota I 2021 f		Total 2020 f
	Staff costs General office Finance costs Governance costs						50,819 14,546 11,608 7,500		50,819 14,546 11,608 7,500	45,447 21,125 12,623 7,500
							84,473		84,473	86,695
9.	Net income
	Net income	is stated	after charging/(crediting):						2021 F	2020 f
	Depreciation	oftangible		fixed	assets				1,844	1
10.	Auditors' remuneration
									2021 F	2020 f
	Fees payable for the audit of				the financial statements				3,600	3,600
	Fees payable to the charity's Other non-audit services				auditor and its	associates for other services:			3,900	3,900

The average head count of employees of full-time equivalent employees during	The average head count of employees of full-time equivalent employees during	The average head count of employees of full-time equivalent employees during	80).The average 2021	80).The average 2021	number 2020
			No.		No.
Number of Number of	administrative teaching and	staff other staff		4 70	4 76
				74	80

13	. Tangible fixed ass	ets
			Land	and		Fixtures and
	Cost		buildings E			fittings f	Equipment 8	Total 6
	At 1 August 2020 Additions		1,540,000			51,385 3,492	4,007 3,751	1,595,392 7,243
	At 31July 2021		1,540,000			54,877	7,758	1,602,635
	Depreciation
	At 1 August 2020 Charge for the year					51,252 906	4,007 938	55,259 1,844
	At 31July 2021					52,158	4,945	57,103
	Carrying amount
	At 31July 2021		1,540,000			2,719	2,813	1,545,532
	At 31 July 2020		1,540,000			133		1,540,133
14.	Stocks
							2021	2020
	Raw materials and consumables						3,200	F 5,000
15.	Debtors
							2021	2020
	Other debtors						6 19,200	E 101,543
16.	Creditors: amounts	falling due within one year
							2021	2020
	Bank loans and overdrafts Accruals and deferred income Social security and other taxes Obligations under finance leases and Other creditors		hire purchase		contracts		6 22,597 22,766 2,494 750 70,925	5 20,002 11,205 2,553 69,734
							119,532	103,494

Creditors:	amounts falling due after more than o	ne year
			2021	2020
			6
Bank loans Obligations	and overdrafts under finance leases and hire purchase	contracts	318,965 2,438	344,155
			321,403	344,155

The bank loans are secure	d on the	property ofthe charity.	property ofthe charity.
Finance leases and hire	purchase	contracts
The total future minimum	lease payments		under finance leases and hire purchase	contracts are
as follows:			2021	2020 f
Not later than 1 year Later than 1 year and not	later than	5years	750 2,438
			3,188

fd
nrestricted uns General funds Revaluation reserve	At 01 Aug 2020 F 1,191,517 172,162	Income f 1,272,057	Expenditure F (1,082,628)	Gains and losses F	At 31 Jul 2021 1,380,946 172,182
	1,363,699	1,272,057	(1,082,628)		1,553,128
	At 01 Aug 2019	Income F	Expenditure 6	Gains and losses	At 31 Jul 2020 6
General funds Revaluation reserve	1,026,852 140,000	1,292,320	(1,127,655)	32,182	1,191,517 172,182
	1,166,852	1,292,320	(1,127,655)	32,182	1,363,699

21.	Analysis of net asse	ts between funds
			Unrestricted	Total Funds
			Funds f	2021
	Tangible fixed assets Current assets Creditors less than 1 Creditors greater than	year 1 year	1,545,532 448,531 (119,532) (321,403)	1,545,532 448,531 (119,532) (321,403)
	Net assets		1,553,128	1,553,128
			Unrestricted	Total Funds
			Funds	2020
			E	F
	Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year		1,540,133 266,215 (103,494) (344,155)	1,540,133 266,215 (103,494) (344,155)
	Net assets		1,358,699	1,358,699
22.	Analysis ofchanges	in net debt

Anal	ysis ofchang
		At		At
		1 Aug 2020	Cash flows	31 Jul 2021
			6
Cash Debt Debt	at bank and in hand due within one year due after one year	164,672 (20,002) (344,155)	261,459 (3,345) 22,752	426,131 (23,347) (321,403)
		(199,485)	280,866	81,381