##
##
|Trustees|||Rabbi A Jaffe|Rabbi A Jaffe|
|---|---|---|---|---|
||||Rabbi S M Kupetz||
||||Rabbi BCohen||
|Charity|number||526444||
|Principal|address||Legh Road||
||||Salford||
||||M7 4RT||
|Independent||examiners|Jack Ross Limited||
||||Barnfield
House||
||||The Approach||
||||Manchester||
||||M3 7BX||
|Bankers|||Lloyds Bank|Pic|
||||53 King Street||
||||Manchester||
||||M2 4LQ||
|Solicitors|||Kuit Steinart|Levy|
||||3St Mary's Parsonage||
||||Manchester||
||||M3 2RD||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|2020|2019|
||||||Notes|f|f|||
|Incomin
Resources||||||||||
|Income from charitable||activities||||||||
|Parenta
I Contributions||||||627,109||627,109|644,583|
|Meals||||||36,760||36,760|i02,600|
|Incoming
resources|from||generated|funds||||||
|Donations||||||54,104||54,104|157,935|
|Fundraising
income||||||10,857||10,857|70,614|
|Interest received||||||100||100|82|
|Other incoming
resources||||||||||
|Other incoming
resources||||||9,538||9,538|16,976|
|Nursery
Rental Income||||||23,483||23,483|6,258|
|Wages reimbursed
by|academy|||||40,330||40,330||
|Total incoming
resources||||||802,281||802,281|999,048|
|Resources ex ended||||||||||
|Costs ofgenerating|funds|||||||||
|Building
works||||||3,611||3,611||
|Bank charges and interest||||||341||341|155|
|Costs ofcharitable
activities||||||||||
|Wages and salaries||||||814,139||814,139|733,904|
|Food||||||68,233||68,233|89,959|
|Educational
requisites|and||equipment|||14,103||14,103|19,991|
|School trip||||||3,289||3,289|4,523|
|Charitable
Donations|||||||||5,000|
|Support costs||||||7,593|62,454|70,047|80,047|
|Bad debts||||||8,684||8,684||
|Governance
costs||||||||||
|Auditor's
remuneration||||||5,400||5,400|6,150|
|Professional
Fees||||||3,197||3,197||
|Total resources expended||||||928,590|62,454|991,044|939,729|
|Net income/(expenditure)|||for the year/|||||||
|Net movement
in funds||||||(126,309)|(62,454)|(188,763)|59,3i9|
|Fund balances at 1 April 2019||||||458,549|1,866,722|2,325,271|2,265,952|
|Fund balances at 31|March 2020|||||332,240|1,804,268|2,136,508|2,325,271|
##
##
##
||||||2020||2019|
|---|---|---|---|---|---|---|---|
|||||Notes||||
|Fixed assets||||||||
|Tangible assets||||||2,040,01&|2,122,048|
|Current assets||||||||
|Debtors|||||3,652||23,292|
|Cash at bank and|in|hand|||108,412||217,382|
|Creditors: amounts||falling|due within||112,064||240,674|
|one year|||||(15,574)||(37,451)|
|Net current assets||||||96,490|203,223|
|Total assets less|current||liabilities|||2,136,508|2,325,271|
|Net assets||||||2,136,508|2,325,271|
|Income funds||||||||
|Restricted
funds||||||1,804,268|1,866,722|
|Unrestricted
funds||||||332,240|458,549|
|||||||2,136,508|2,325,271|
##
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
||||Notes||||
|Cash flows from operating|activities||||||
|Cash generated
from operations|||||||
||||||(128,646)|63,931|
|Net cash inflow from operating||activities|||(128,646)|63,931|
|Investing
activities|||||||
|Purchase
of tangible
fixed assets||||||(48,409)|
|Interest received||||100||82|
|Net cash from investing
activities|||||100|(48,327)|
|Net cash used in financing|activities||||||
|Building costs paid for Academy|||||19,576||
|Net increase/(decrease)
in|cash|and|cash||||
|equivalents|||||(108,970)|15,604|
|Cash and cash equivalents|at beginning||ofyear||217,382|201,778|
|Cash and cash equivalents|at end of||year||108,412|217,382|
##
##
##
##
##
##
##
##
##
##
|Number
of|employees|employees|||||
|---|---|---|---|---|---|---|
|The average|monthly|number|of employees|during the year was.|||
||||||2020|2019|
|Charitable
activities|||||51|52|
|Employment|costs||||2020|2019|
|||||||E|
|Wages and|salaries||||757,125|671,411|
|Social security costs|||||45,181|42,538|
|Defined
contribution||pension|costs||11,854|19,955|
||||||814,139|733,904|
##
##
|4|Support costs|Support costs|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||K|E|
||Unrestricted|funds|||||
||Postage, stationary||and|advertising|415|1,934|
||Photocopiers|-leasing||and expenses|||
||Sundries||||1,650|10,364|
||Insurance||||5,528|5,320|
||Fixtures and|fittings|depreciation||||
||Restricted
funds||||||
||Building depreciation||||62,454|62,429|
||||||70,047|80,047|
##
##
##
##
|5|Tangible fixed assets||||
|---|---|---|---|---|
|||Freehold|Fixtures,|Total|
|||land and|fittings
&||
|||buildings|equipment||
||||f.||
||Cost||||
||At 1 April 2019|2,517,726|118,384|2,636,110|
||Additions||||
||Disposals|(19,576)||(19,576)|
||At 31 March 2020|2,498,150|118,384|2,616,534|
||Depreciation||||
||At 1 April 2019|395,678|118,384|514,062|
||Charge
for the year|62,454||62,454|
||At 31 March 2020|458,132|118,384|576,516|
||Met book value||||
||At 31 March 2020|2,040,018||2,040,018|
||At 31 March 2019|2,122,048||2,122,048|
|6|Debtors||2020|2019|
||Tax recoverable|||3,731|
||Donation debtors|||3,230|
||Other debtors||3,652|16,331|
||||3,652|23,292|
##
##
##
|7|Creditors: amounts|falling due within one year|2020|2019|
|---|---|---|---|---|
|||||F|
||Accruals and deferred|income|5,400|6,150|
||Trade creditors|||19,576|
||Other creditors||10,174|11,725|
||||15,574|37,451|
##
|||||Movement|in funds||
|---|---|---|---|---|---|---|
||||Balance at 1|Total|Total|Balance at 31|
||||April 2019|incoming|outgoing|March 2020|
|||||resources|resources||
|Restricted|building|fund|1,866,722||(62,454)|1,804,268|
||||1,866,722||(62,454)|1,804,268|
##
##
##
|Analysis
of net a|ssets between
funds|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds||
|Fund balances at 31 March 2020 are represented||by:||||
|Fixtures, fittings &|equipment|||||
|Land and buildings|||235,750|1,804,268|2,040,018|
|Current assets|||112,064||112,064|
|Creditors: amounts|falling due within one year||('l5,574)||(15,574)|
||||332,240|1,804,268|2,136,508|
##
##
##
##
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|Net expenditure/net|movement||for the year||(188,763)|59,319|
|Adjustments
for:|||||||
|Investment
income|||||(100)|(62)|
|Depreciation
and impairment
of|||tangible|fixed assets|62,454|62,429|
|Movements
in working||capital:|||||
|Decrease/(increase)|in|debtors|||19,640|78,132|
|(Decrease)/increase|in|creditors|||(21,877)|(135,867)|
|Cash (absorbed
by)/generated|||from|operations|(128,646)|63,931|