Charity Number: 521228 Manchester Maccabi Community and Sports Club Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2025
Manchester Maccabi Community and Sports Club CONTENTS Page Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities Balance Sheet 10 Notes to the Financial Stalements
Manchester Maccabi Community and Sports Club REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Daryl Lee Suzanne Gellman Bemard Yaffe David Nadler Robert Levy (Appointed 19 June 20241 Charity Number in England and Wales 521228 PrSncipal Address Brooklands Bury Old Road Prestwich Manchester M25 OEG Independent Examlnor Steven Nixon Bsc (Hons) FCCA Langers MN Limited Chartered Certified Accountants and Registered Auditors 8-10 Galley Road Cheadle Cheshire SK8 1PY Prlnclpal Bankers HSBC 1 The Quadrant Buxton Derbyshire SK17 6AW Sollcltors BBS Law The Edge Clowes Street Salford M3 SNA
Manchester Maccabi Community and Sports Club TRUSTEES. REPORT for the financial year ended 31 March 2025 The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31 March 2025. The financial statements are prepared in accordance with the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies.. Statement of Recommended Practs'ce applicable to charities preparing their financial stalemenls in accA)rdanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Truslees. Report contains the infomation reqUId to be provided in the Trustees, Annual Report under the Statement of Recommended Practice (SORPI guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Manchester Maccabi Community and Swrts Club present a summary of its purpose, govemance, activities, achievements and finances for ihe financial year 31 March 2025. Mlsslon, Objectlves and Strategy Objectlves To further or benefit, with a focus on the Jewish community the residents of Bury, Manchester, Salford and surrounding areas without distinction of sex. sexual orientstion, race. political. religious or other opinions by associating together the said residents and the local aulhorilies, voluntary bodies and other organisations in a common effort to promote education, culture, social welfare and cohesion and physical and mental wellbeing through the provision and maint8nanc8 of a community centre for use of the residents and others. Structure, Governance and Management Structuro The governing docum8nl of the charity is the Trust Deed establishing th8 charity. The Goveming Document is dated 25 June 2001, as amended by a scheme dated 19 October 2021 Governance There shall be a minimum of three Trustees. Trustees can be nominated by any member whose subscription is up to date. The management of the club is vested in the Executive Committee. Members are elected annually, with existing members eligible for reappointment. The Executive Committee may also CO•OPt members as they consider necessary during the year. Joint Trustee and Executive Meetings are held, chaired by Chairman of Trustees, Bemard Yaffe. Executive Committee Executive Committee Kathryn Levy Michael Sacks Deborah Britslone Andrew Saipe Vikki Goldstein Adam Jackson Josh Silverstone Review of Activities. Achievements and Perforn)ance The true value of Manchester Maccabi lies in its sprit and indusivity. bringing about shared experiences, strong bonds. and a sense of community amongst our youth, adults, family and friends. Our core values are driven by Ihe passionate belief that we will always create a culture of mutual respect, understanding, equality and diversity within the community. We constantly strive to meel changing needs and expectations and will continue to do so in the future. Each week over 1000 people now enjoy a growing number of facilities and activities on offer covering the full age spectrum of baby and toddler groups right up to over 60's. We host many activities on a weekly basis, including football. table tennis, self-defence, rounders, knitting. women's only exercise and motherlbaby groups to name bul a few. We also offer unique and specialist workshops such as flower arranging, photography, stttching and much more. Wilh more people now being able to meet, make new fnends and enjoy each otherfs company this Illuslrales what a vital asset Manchester Maccabi is in bringing more colour and purpose lo people's lives every day. Whilst catering primarily to the Jewish community, Manchester Maccabi also opens its facilities to the public at large and has established wonderhjl relationships with Greater Manchester police. local schools and football clubs. local councils and local faith cornmunities. all who use our facilities on a regular basis.
Manchester Maccabi Community and Sports Club TRUSTEES. REPORT for the financial year ended 31 March 2025 The dub continues to eslablish itsew as a communal hub, offering vilal social and sporting facilities to many people who might not have otherwise used them and on that basis. we truly believe we provide an invaluable seNice and benefit lo those in our communty, and beyor)d. The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. From the Clubs perspective, this was a year of consolidation following all the refurbishment done on the fabric of the building together with a lotsl re-organisation of the management of the facility and investment in new resources to support our new Chief Executive. The Board therefore feel extremely oplifflistic Ihal with these major slruclural changes in place, Manchester Maccabi can now focus on driving its strategic objectives as a Sporting. Social and Cultural hub for local and broader community. Our Total Income for 2025 came in at £316.3k as compared to £414.3k last year. a decrease of £98.Ok or 24 1.. The main driver ofthis reduction was Donalions and Legacies which were £96.6k vs £225.6k 8 reduction of £129.Ok or 570/0 and this was entirely due to last year's Football Foundation award of £125k towards the replacement of our 3G artificial playing surface. On the positive side however was the increase in Club activities lo £202.7k from £187.6k, an increase of £15.1k or 9% and the addition of £16.5k by way of renlal income from letting some of our office space for the first time. Total Expenditure of running the Club was £325.8k compared to £337.4k a reduction of £11.6k or 3 % . On the positive side our total costs of running activities reduced by £34.9k due lo the mix of activities held versus last year particularly driven by the absence of a Boxing event this year and similarly our govemance costs reduced by £12.7k due to a reduction in Legal and Surveyors fees incurred last year on Club developmenls. These savings were offset however by an increase in running costs for the Brooklands site of £13.8k due to an increase in uts'lity and insurance headwinds. The nel movement in funds for the year, being revenues less expenditure, was therefore 413.5k, £89.3k down on 2024, being a function of the lower income and higher expenditure. From a cash perspective, whilst the Club generated strong cashflow of £62.Ok, further investment in fixed asset additions and working capital together with ongoing paying down of long-term debt, depleted our n8t cash balanc8s by £5.3k. Net Movement In Funds For Year Depreciation Total Cash Generated Increase in Working Capital Fixed Asset Additions Reduction of Long -Term Debl Net Movement in Bank Balances 113,4921 75,510 62,018 130,3841 132,0991 14,8151 15.280) Opening Cash Balance Closing Cash Balance Roduclion 25.852 20,572 15,280) Flnanclal Revlew The results for the financial year are set out on page 9 and additional notes are provided showing income and expenditure in greater detail. Results At the end of the financial year the charity has assets of £1,864,973 (2024 - £1,899,969) and liabilities of £158,975 {2024- £180.4791. The net assets of the charity have decreased by £113.4921. Principal Risks and Uncertainties The major risks to which the charity is exposed have been reviewed and systems and procedures have now been put in place to manage these going forward. In particular. insurance cover is in place and our finances. both historical and forward looking, are under regular VIeW at each monthly Executive tneeling. Appropriate Disclosure and Barring Service IDBSI checks supported by regularly reviewed policies a made for all those who work with children or other vulnerable groups within Manchester Maccabi. In accordance with the Constitution, the trustees retire by rotation and. being eligible, offer themselves for re-election.
Manchester Maccabi Community and Sports Club TRUSTEES, REPORT for the financial year ended 31 March 2025 Compliance with Sector-wide Legislation and Standards The charity engages pro-aclively with legislation, slandards and codes which are developed for the sector. Manchester Maccabi Community and Sports Club subscribes to and is compliant with the following= The Charities SORP IFRS 102) 1611112025 Approved by the Board of Trustees on and signed on its behalf by: 6M'IY Bernard Yaffe Trustae David Nadler Trustee
Manchester Maccabi Community and Sports Club STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 March 2025 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the assets, liabilities and financial position of the charity as al the financial year end date and of the surplus or deficit of the charity and otherwise comply wilh the Charities Act 2011. In preparing these financial statements, the trustees are required to= select suitable accounting policies and apply them consistently; make judgements and accounting estimates Ihal are reasonable and pnjdent. state whether the financial statements have been prepared in accordan with applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards,. and prepare the financial slalements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial st8lements. The truslees are responsible for keeping adequate accounting records thal are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acl 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 1611112025 Approved by the Board of Trustees on and signed on its behalf by: 8My* Bèrnard Yaffè Trustee Davld Nadler Trustee
Manchester Maccabi Community and Sports Club INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF MANCHESTER MACCABI COMMUNITY AND SPORTS CLUB I have examined the financial statements ofthe charity for the financial year ended 31 March 2025. which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. This rep¥Jrt is made solely to the charity's members. as a body. in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might compile the financial statements that I have been engaged lo compile, report to the Board of Trustees that I have done so. and state those matters that I have agreed lo slate to them in this report and for no other purpose. To the fullest extent permitted by law, I do nol accept or assume responsibility to anyone other than the charity and the charity's members, as a tM)dy. for my work, or for this report. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act 2011. The charity's trustees consider that an audit is nol required for this financial year under Section 145 of the Charities Act 2011 and that an independent examination is required. It is my responsibility to= examine the financial stalements under section 145 of the Act; follow the procedures laid down by the general Directions given by the Charity Commission under section 145151 of the Charities Act 2011., and state whether particular matters have come to my attention. Basis of Independent examlner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the Iruslees concerning any such mallers. The procedures undertaken do not provide all the evidence that would be required in an audit and consequenuy no opinion is given as to whether the accounts pr6s6nt a 'true and fair, view and the report is limited to those mattets s81 out in th6 Staléménl bèlow. Independent examlner's statement In connection with my examination, no matter has come to my attention which giv8s me caus8 to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act 2011 the financial stslemenls do not accord with those accounting records the financial statements do not comply with the accounting requirements of the Charities Act the financial statements have not been prepared in accordance with the Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102) there is further infomiation needed for a proper understanding of the accounts to be reached. I have no concems and have come across no other matters in connection wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Steven Nixon Bsc {Honsl FCCA LANGERS MN LIMITED Chartered Certified Accountants and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY 17 November 2025
Manchester Maccabi Community and Sports Club STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 March 2025 Unrestricted Restricted Funds Funds 2025 2025 Total Unrestricted Restricted Funds Funds Funds 2025 2024 2024 Total Funds 2024 Notes Income Donations and legacies Charitable activities Community and Sports Club Investments 67.733 28.843 96.576 100,337 125,307 225,644 202.741 17,006 202.741 17,006 187,591 1,053 187,591 1,053 Total income 287,480 28,843 316,323 288.981 125,307 414,288 Expenditure Raising funds Charitable activities 3.992 316,685 3.992 325.823 1,080 329.950 1,080 337,365 9,138 7,415 Totsl Expendlture 320,677 9,138 329.815 331,030 7,415 338,445 Net Incomel(expendlture) (33.1971 19,705 (13.492) (42.049) 117,892 75,843 Transfers between funds 12.743 112.743) 108,832 {108,8321 Not movement In funds for tho financial year (20.4541 6,962 (13.492) 66,783 9,060 75,843 Reconciliation of funds: Total funds beginning of the year 16 1,707,011 12,479 1,719,490 1,640,228 3,419 1,643,647 Total funds at the end of the year 1,686,557 19,441 1,705.998 1,707,011 12,479 1,719,490 The Statement of Financial Activities indudes all gains and losses recognised in the financial year. All income and expenditure relate to continuing acliwties. The notes on pages 11 to 18 form part of Ihe financial statements
Manchester Maccabi Community and Sports Club BALANCE SHEET as al 31 March 2025 2025 2024 Notes Fixed Assets Tangible assets 1,801,840 1,845,251 Current Assets Stocks Debtors Cash at bank and in hand 10 11 1.000 41,561 20.572 1,000 27,866 25,852 63,133 54,718 Creditors: Amounts falling due within one year 12 (57.559) 174,248) Net Current AssetsllLlabllltles) 5,574 119.530) Totsl Assets less Current Liabilities 1,807,414 1,825,721 Credltors Amounts falling duè after more than one year 13 (101,416) {106,231) Total Net Assets 1,705,998 1,719,490 Funds Restricted trust funds General fund (unrestricted) 19.441 1,686,557 12,479 1,707,011 Total funds 16 1.705.998 1,719,490 The financial slaternenls have been prepared in accordance with the provisions applicable to companies subject lo the small companies. regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Rèpublic of Irèland" applying Section 1A of that Standard. 1611112025 Approved by the Board of Trustees and authorlsed for Issue on behalf by and $Sgned on Its 8NYAé Bernard Yaffe Trustee David Nadler Trustee The notes on pages 11 to 18 form part of Ihe financial statements 10
Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION Manchesler Maccabi Community and Sports Club is a charity incorporated in England. The re9lStered office of the charity is Brooklands, Bury Old Road, Prestwich, Manchester, M25 OEG which is also the principal place of business of the charity. The financial statements have been presented in Pound {£} which 15 also the functional currency of the charty. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting pvjlicies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice {SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that Standard. As pemiitted by the Companies Act 2006, the charity has varied the standard fomials in that act for the Statement of Financial Activities and the Balan Sheet. Departures from the standard fornals are lo comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. Statement of compliance The financial statements of the charity for the financial year ended 31 March 2024 have en prepared on th8 going concern basis and in accordance with the Statement of Recommended Practice ISORP}'Accounling and R8POrting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th8 UK and Republic of Ireland FRS 102. applying Section 1 A of that Standard. Fund accounling The following are the categories of funds maintained: Restrlcted funds Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity. Unreslricted funds Unreslricled funds consist of General and Designated funds. General funds represenl amounts which are expendable at the discretion of the board, in furtheran of the objectives of the charity. Designated funds comprise unreslricled funds Ihal the board has, at its discretion. sel aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discrelion to apply the fund. Income Income is recognised by inclusion in the Slalement of Financial Activities only when the charity is legally entitled to the income, perfomiance conditions attsched to the item{sl of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. Income from charitable activities Income from charitable acb'vities include income eamed from the supply of SeNiS under contraclual arrangements and from perfomiance related grantswhich have conditions thatspecify the provision ofparticular services to be provided by the charity. Income from govemment and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance. its recognits'on is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors. Grants from govemments and other co-funders typically include one of the following types of conditions.. PerfOnanCe based conditions.. whereby the charity is contractually entitled to fundir)g only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure. to the extent that it is reimbursable by the donor, as income. 11
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 .Time based conditions- whereby the charity is contractually entitled to funding on the condition that it is utilised in a particular period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement. In the absence of such condition5, assuming that receipt is probable and the amount can be reliably measured. grant income is recognised once the charity is notiffied of entillement. Grants received lowards capilal expenditure are credited lo the Slatemenl of Financial Activities when received or re1Vable. whichever is earlier. Expandilurè Expenditure is analysed beeen costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one aclivity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity. Tanglble flxed assets and depreclallon Tangible fixed assets are slated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected usefLJI lives as follows.. Long leasehold propety Plant and machinery Fixtures, fittings and equipment Synthetic Sports Pitches 2°A Straight line 150kn Straight line 15 % Straight line 10% Straight line Invènlorlès Inventories are staled al the lower of cosl and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all costs incurred in the nomial course of business in bringing them to their present location and condition. Inventories comprise fundraising materials. It is not considered practicable to value inventories of unsold donated goc*Js at the financial year end. Debtors Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid netof any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors. Cash at bank and In hand Cash al bank and in hand comprises cash on deF)osiI at banks requiring less than thr88 months notice of withdrawal. Taxation and deferred taxation No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added lax is expensed as incurred. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2025 2024 Donations individualty less than £1,000 Donations individualty greater than £1,000 Entity donations individually less than £1,000 Entity donations individually greater than £1000 Revenue grants and donations from non public bodies 7,402 5.000 2,600 10,000 42,731 7,402 5.000 2,600 17.500 64,074 12,683 9,221 687 20,729 182,324 7.500 21,343 67,733 28,843 96,576 225,644 The following prior year income was restricted. £125,307 of Revenue grants and donations from non public bodies. 12
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2025 2024 Community and Sports Club: Indoor & Outdoor activities 202.741 202,741 187.591 The following income is now disclosed within Charilable Activities- Indoor & Outdoor activilies rather than Other Trading Activities,. Bar & Bistro Takings: Vending machine income. All prior year income was unrestricted. INVESTMENTS Unrestricted Restricted Funds Funds 2025 2024 Bank interest received Office rent received 523 16,483 523 16,483 1,053 17.006 17,006 1,053 All prior year InMe was unrestricted. EXPENDITURE RAISING FUNDS Dlrect Costs Olher Costs Support Costs 2025 2024 Promotion & Fundraising 3,992 3,992 1,080 All prior year expenditure was unrestricted. CHARITABLE ACTIVITIES Dlrect Costs Olhèr Costs Support Costs 2025 2024 Gross wages and salaries - ¢haritable activities Defined contribution pension costs - charitable activities Other staff costs Employers Nl charitable activities Bar & Bistro stock purchased Direct costs for indoor & outdoor activities Costs of operating Brooklands facilities Loan interest Depreciation and amortisalion Govemance Costs (Note 4.3) 71,225 71,225 67,258 1.258 1,258 1,451 3.405 130 3,405 130 130 888 63,278 28.364 28,364 130.065 130.065 116,304 9.761 75,510 3.845 9,761 75,510 6,105 10.075 59,129 18.854 2.260 323,563 2,260 325,823 337,365 The following costs are now disclosed within Direct costs for indoor & outdoor activities rather than Bar & Bistro stock purchased. The following costs were restricted- Direct costs for indoor & outdcK)r acbvities £8,178 12024 £0I- Costs of operating Brooklands facilibes £960 (2024 £7.415). 13
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GOVERNANCE COSTS Direct Costs Olher Costs Support Costs 2025 2024 Independent examinerfs feers Other g0Veman costs 2,260 2,260 3.845 2.273 16,581 3.845 3.845 2.260 6.105 18,854 All prior year expenditure was unrestricted. NET INCOME 2025 2024 Net Income is stated after ¢hargingl(¢rediting): Depreciation of tangible assets Independent Examiner's remuneration- independent examination services - tax advisory services 75,510 59,129 2,260 2,153 120 INVESTMENT AND OTHER INCOME 2025 2024 Rent receivable - other income Bank interest 16,483 523 1.053 17,006 1,053 INTEREST PAYABLE AND SIMILAR CHARGES 2025 2024 On bank loans and overdrafts 9,761 10,075 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive trustees} during the financial year was as follows.. 2025 Number 2024 Number Caretaker Manager Marketing Manager Reception The staff costs comprise: 2025 2024 Wages and salaries Social security costs Pension costs 71.225 130 1,258 67,256 1,451 72,613 68.707 14
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 TANGIBLE FIXED ASSETS Long leasehold property Plant and Fixtures, machinery fittings and equipment Synthetic Sports Pitches Total Cost At 1 April 2024 Additions 2.372.206 22,585 69.368 145.163 4,806 136,803 4,708 2,723,540 32,099 At 31 March 2025 2.394.791 69.368 149,969 141,511 2,755,639 Depreciation At 1 April 2024 Charge for the financial year 745,158 47.803 21,271 7.215 107,300 6.537 4,560 13.955 878,289 75.510 At 31 March 2025 792.961 28.486 113.837 18.515 953,799 Net book value At 31 March 2025 1,601,830 40,882 36,132 122,996 1,801,840 At 31 March 2024 1.627.048 48.097 37.863 132,243 1.845,251 10. STOCKS 2025 2024 Stock (non trading} 1,000 1,000 11. DEBTORS 2025 2024 Trade debtors Other debtors Taxation and social security Costs (Note 141 Prepayments and accrued income 12,195 8,699 2,686 17.981 12,140 7,195 2,179 6,352 41,561 27,866 12. CREDITORS Amounts falling due within one year 2025 2024 Bank loan Trade creditors Taxation and social security costs (Note 14) Other creditors Accruals and deferred income: Pension accrual Other accruals 4,806 30,150 4,043 747 4.115 45.645 2,892 1.387 288 19.921 17,813 57,559 74.248 15
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 13. CREDITORS Amounts falling due after more than one year 2025 2024 Bank loan 101,416 106,231 Repayable in one yearor less, or on demand (Note 12) Repayable between two and five years Repayable in five years or more 4.806 23,755 77,661 4,115 21,039 85,192 106,222 110,346 14. TAXATION AND SOCIAL SECURITY 2025 2024 Debtors: VAT 2,686 2,179 Creditors: PAYE I NI 4,043 2,892 15. RESERVES 2025 2024 At the beginning of the year (Deficilllsurplus for the financial year 1,719,490 (13,492} 1,643,647 75,843 At the end of the year 1,705,998 1,719,490 16. FUNDS 16.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestrlcled Restrlcted Funds Funds Total Funds At 1 April 2023 Movement during the financial year 1,640,228 66,783 3,419 9,060 1,643,647 75,843 At 31 March 2024 Movement during the financial year 1,707.011 (20.4541 12,479 6,962 1,719,490 113,492) At 31 March 2025 1,686,557 19,441 1,705,998 16
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 16.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2024 Income Expenditure Transfers between funds Balance 31 March 2025 Restrlcted funds Transport for Greater Manchester Cycle Stsnds Asda Foundation 3G Pitch Maintenance Fund National Lottery Community Fund Sported Foundation Grant Fund Hello Buddy Community Connections (wellbeing and open day) Community Bazaar Duke of Edinburgh Youth Without Limits Club Refurbishment Disability Football 1.979 1,979 960 7,743 960 (7,7431 10.000 500 10,000 500 900 2,401 450 1,501 450 700 9.089 700 3.027 6.062 5.000 2.500 15,0001 2,500 12,479 28,843 9,138 112,7431 19,441 Unrestrlcted funds Unreslricled General 1,707,011 287.480 320,677 12,743 1,686,557 Total funds 1,719,490 316,323 329,815 1,705,998 Unrestrlcted Funds These funds are held for meeting the objeclives of the charity. and to provide reserves for future activili8s, and, subject to charity legislation, are free from all reslriclions on their use. Restrlcted Funds Transport for Greater Manchester Cycle Stands A grant from Transport for Grealer Manchester for the provision of cycling equipment. Asda Foundation A grant towards the cost of living. National Lottery Community Fund A grant for project ID 20238771 Sported Foundation Grant Fund A grant lo assist with the provision of girls football to maintain and develop teams and sessions as a platfom to attract and retsin young female players to participale in playing foott)all. Hello Buddy A grant to fund the Hello Buddy project. Community Connections (well being and open day) A grant to fund the Community Connection5 (well being and open day} project. Community Bazaar A grant to fund the Community Bazaar project. Duke of Edinburgh Youth Without Limits An award to fund the Duke Of Edinburgh Youth Without Limits Project. Club Refurbishment Donations towards the dub refurbishment. Disability Football A grant to fund the provision of disability football. 17
continued Manchester Maccabi Community and Sports Club NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 16.3 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charity use Current assets Current Long-term liabilities Total Restricted trusi funds 19,441 19,441 Unrestricted general funds 1.801.840 43.692 {57,559) (101,416) 1,686,557 1,801,840 63,133 {57,559) (101,416) 1,705,998 17. POST4ALANCE SHEET EVENTS Thère havè been no significant events affecting the Charity since the financial year*nd. 18