## ## ## ## ## ||||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| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---| |Donations||||Funds
f|Funds|2020
f| |Donations||||10,287||10,287| |Grants||||||| |Security grants
JRS Scheme||||139,693|39,719|39,719
139,693| |||||149,980|39,719|189,699| |Charitable|activities|||||| ||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||Funds
E|2021
f|Funds
F|2020
f| |Payments|from governments|or public||||| |authorities|in the normal course of|||||| |trading
Voluntary|contributions||731,729
463,992|731,729
463,992|714,734
427,606|714,734
427,606| ||||1,195,721|1,195,721|1,142,340|1,142,340| ## |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|during
the year was
the year is analysed|during
the year was
the year is analysed|74 (2020:
as follows;|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| ## ## ## |Restricted|funds|||||| |---|---|---|---|---|---|---| |||At 01|||Gains and|At 31| |||Aug 2020|Income|Expenditure|losses|Jul 2021| |||8|F|F|r|| |Restricted|fund-|||||| |security grants|||46,824|(46,824)||| |||At 01|||Gains and|At 31| |||Aug 2019
E|Income
E|Expenditure
8|losses
f|Jul 2020
f| |Restricted|fund|||||| |security grants|||39,719|(39,719)||| ## |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|es
in net debt|||| |---|---|---|---|---|---| ||||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| ## ## ##