2023-02-28-accounts - Gateshead Talmudical College

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			Year ended	28 Februar	y 2023	y 2023
					2023		2022
					Unrestricted
					funds	Total funds	Total funds
				Note
Income and endowments
Donations and legacies				4	3,068,202	3,068,202	2,635,668
Other income				5	2,114	2,114	1,995
Total income					3,070,316	3,070,316	2,637,663
Expenditure
Expenditure on raising funds:
Costs ofraising	donations		and legacies	6	28,984	28,984	40,209
Expenditure on charitable		activities		7,8	3,035,779	3,035,779	2,651,380
Total expenditure					3,064,763	3,064,763	2,691,589
Net income/(expenditure)		and	net movement	in funds	5,553	5,553	(53,926)
Reconciliation offunds
Total funds brought	forward				3,297,364	3,297)364	3,351,290
Total funds carried	forward				3,302,917	3,302,917	3,297,364

	28Februar	y 2023
			2023		2022
		Note
Fixed assets Tangible fixed assets		13		3,427,240	3,379,131
Current assets Debtors Cash at bank and in hand		14	201242 114,403		240,295 167,314
			315,645		407,609
Creditors: amounts	falling due within one year	16	362,121		382,299
Net current liabihties				(46,476)	25,310
Total assets less current liabiTities				3,380,764	3,404,441
Creditors: amounts one year	falling due after more than	17		(77,847)	(107,077)
Net assets				3,302,917	3,297,364
Funds ofthe charity Unrestricted funds				3,302,917	3,297,364
Total charity funds		19		3,302,917	3,297,364

	Year ended 28 February	2023
			2023	2022
		Note
Cash flows from operating	activities
Net income/(expenditure)			5,553	(53,926)
Adjustments for:
Depreciation oftangible fixed assets			46,641	37,166
Interest payable and similar	charges		3,421	2,965
Accrued expenses			119,825	18,300
Changesin:
Trade and other debtors			(55,947)	77,386
Trade and other creditors			(33,260)	94,107
Cash generated from operations			86,233	175,998
Interest paid			(3,421)	(2,965)
Net cash from operating activities			82,812	173,033
Cash flows from investing	activities
Purchase oftangible assets			(94,750)	(43,859)
Net cash used in investing activities			(94,750)	(43,859)
Cash flows from financing	activities
Proceeds from borrowings			(29,230)	(26,330)
Net cash used in financing	activities		(29830)	(26,330)
Net (decrease)/increase in	cash and cash equivalents		(41,168)	102,844
Cash and cash equivalents	at beginning ofyear		67,950	(34,894)
Cash and cash equivalents	at end ofyear	15	26,782	67,950

period in Donations	which it arises. and legacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
Donations
Donations	Received	2,818,652	2,818,652	2,624,358	2,624,358
Building Fund Donations Received		10,430	10,430	11,310	11,310
Legacies
Legacies		239,120	239,120
		3,068,202	3,068,202	2,635,668	2,635,668

Net income/(expenditure) is stated aller c	harging/(crediting):
		2023	2022
Depreciation oftangible fixed assets		46,641	37,166
Auditors remuneration
		2023	2022
		8
Fees payable for the audit ofthe financial	statements	6,900	6,900

Staffcosts
The total staff costs and	employee benefits for the reporting	period are anslysed as	follows:
		2023	2022
Wages and salaries		1,310,181	1,199,012
Social security costs		128,579	103,730
Employer contributions	to pension plans	11,924	9,134
		1,450,684	1,311,876

The average head count ofemployees	The average head count ofemployees	the year was 51 (2022:48).
The number ofemployees	whose remuneration	for the year fell within the	following	bands, were:
			2023	2022
			No.	No.
660,000to f69,999			5
$80,000to f89,999			1
			6