| CONTENTS | |||
|---|---|---|---|
| Pages | |||
| Charity Information —Legal and Administrative |
|||
| Report ofthe Trustees | 2-4 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 8-10 |
| Trustees | M A Pfeffer | |||
|---|---|---|---|---|
| S M Kupetz | ||||
| Chief Executive | M A Pfeffer | |||
| Registered | Charity | Number | 1002697 | |
| Examiners | Royce Peeling Green Limited | |||
| Chartered Accountants |
||||
| The Copper | Room | |||
| Deva Centre | ||||
| Trinity Way | ||||
| Manchester | ||||
| M3 7BG | ||||
| Bankers | Lloyds TSB | Bank Pic | ||
| PO Box358 | ||||
| 53 King Street | ||||
| Manchester | ||||
| M60 2ES | ||||
| Solicitors | Kuit Steinart | Levy | ||
| 3St Mary's | Parsonage | |||
| Manchester | ||||
| M3 2RD | ||||
| Principal Office | 33Singleton | Road | ||
| Salford | ||||
| Manchester | ||||
| M7 4NN |
| Unrestricted | Total Funds | Total Funds | |||||
|---|---|---|---|---|---|---|---|
| Funds | 2023 | 2022 | |||||
| Incoming Resources | Notes | 8 | 8 | 8 | |||
| Investment income |
2 | 150,282 | 150,282 | 173,792 | |||
| Donations received |
860,000 | 860,000 | |||||
| Total Incoming Resources | 1,010,282 | 1,010,282 | 173,792 | ||||
| Resources Expended | |||||||
| Costs ofgenerating | funds | 3 | |||||
| Miscellaneous | 6,348 | 6,348 | 1,563 | ||||
| Charitable expenditure |
4 | 278,218 | 278,218 | 183,036 | |||
| Governance costs |
5 | 1 800 | 1 800 | 1 750 | |||
| 286,366 | 286,366 | 186.349 | |||||
| Net Incomingl (Outgoing) |
Resources | 723,916 | 723,916 | (12,557) | |||
| Other Recognised | Gains and Losses | ||||||
| (Losses)/gains on |
investments | 6 | 64,276 | 64,276 | 38,405 | ||
| Unrealised gains |
on revaluation | of | |||||
| Investments | |||||||
| Net Movement in |
Funds | 788,192 | 788,192 | 25,848 | |||
| Balance at 6 April | 2022 | 938311 | 938311 | 912463 | |||
| Balance at 5 April | 2023 | 1,726,503 | 1,726,503 | 938,311 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| FIXEDASSETS | Notes | 6 | 8 | ||||||
| Investments | 1,560,281 | 1,621,274 | |||||||
| CURRENT ASSETS | |||||||||
| Cash at bank | 1.330,650 | 544,084 | |||||||
| Debtors | 271 | 111 | 016 111 | ||||||
| Total current assets | I 601 | 770 | I 361 D90 | ||||||
| Creditors: amounts | falling | due | |||||||
| within one year | ~1.444,040 | J22D44. D58 | |||||||
| Net Current Assets | 157 | 222 | ~M2 063 | ||||||
| Total Net Assets | 1 726 | 503 | 090311 | ||||||
| Unrestricted Funds |
1,726,503 | 930311 81 | |||||||
| Funds | 1 726 | 503 | 061311 | ||||||
| APP dbylh |
7 | I | ~H221 | d | 10 H | lh100hllby |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| F | F | |||||
| Interest on cash deposits | ||||||
| Other interest | 12,139 | 12,859 | ||||
| Rental income | 93,584 | 81,833 | ||||
| Property syndicate | income | 44,559 | 77,100 | |||
| Other income | 2,000 | |||||
| 150,282 | 173,792 | |||||
| 3. | COSTS OF GENERATING | FUNDS | ||||
| 2023 | 2022 | |||||
| E | E | |||||
| Portfolio management | fees | |||||
| Profit on foreign exchange | ||||||
| Bank charges | ||||||
| 4, | CHARITABLE EXPENDITURE | |||||
| 2023 | 2022 | |||||
| E | E | |||||
| Grants made during year | 278,218 | 183,036 | ||||
| 5, | GOVERNANCE | COSTS | ||||
| 2023 | 2022 | |||||
| E | E | |||||
| Examination | 1,800 | 1,750 | ||||
| 6. | FIXEDASSETS | |||||
| 2023 | 2022 | |||||
| Investment Property |
E | 5 | ||||
| At 6April 2022 and 5 | April | 2023 | 525,496 | 525,496 | ||
| Investments | ||||||
| At 6April 2022 | 1,095,778 | 864,701 | ||||
| Additions during year |
55,620 | 231,077 | ||||
| Disposals during year |
(107,613) | |||||
| Profit/(Loss) on revaluation |
||||||
| At 5April 2023 | 1,043,785 | 1,095,778 | ||||
| Total Investments | —at 5April 2023 | 1,569,281 | 1,621,274 |
| 7. | DEBTORS | DEBTORS | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||||
| E | 8 | |||||||||
| Others | 271,111 | 816,111 | ||||||||
| 8. | CREDITORS: | Amounts | falling due within | one year | ||||||
| 2023 | 2022 | |||||||||
| E | E | |||||||||
| Other creditors | 1,444,048 | 2,043,558 | ||||||||
| Accruals | 500 | 500 | ||||||||
| 1,444,548 | 2,044,058 | |||||||||
| S, | MOVEMENT | IN FUNDS | ||||||||
| 2023 | 2022 | |||||||||
| Unrestricted Funds |
E | |||||||||
| At 6 April | 2022 | 938,311 | 912,463 | |||||||
| Incoming Outgoing |
resources resources |
(including (including |
recognised gains) unrecognised gains/(losses) |
1,074,558 ~286,366 |
212,197 ~186,348 |
|||||
| At 5April | 2023 | 1,726,503 | 938,311 |
| The following is a sum |
mary of incoming resourc |
es transactions: | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| E | 8 | |||
| Lease with KAR (UK) | Limited | 93,583 | 76,833 | |
| The lease is included | in the financial statements | under Investment | Income. |