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|Trustees'|annual
report|||
|Independent
examiner's
report to the trustees||||
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Statement|ofcash flows|||
|Notes to|the financial|statements||
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|Registered|charity|name|The Beth Hsmedrash|The Beth Hsmedrash|Satmar Trust|
|---|---|---|---|---|---|
|Charity registration||number|1004327|||
|Principal office|||New Burlington|House||
||||1075Finchley Road|||
||||NW11 OPU|||
|The trustees||||||
||||Mr S.Lsufer|||
||||MrJ.Sternlicht|||
|Company secretary|||Solomon Laufer|||
|Independent|examiner||Moshe Broner-|Cohen||
||||New Burlington|House||
||||1075Finchley Road|||
||||London|||
||||NW11 OPU|||
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||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Total funds|Total funds|
|||||Note||||
|Income and|endowments|||||||
|Donations
and legacies||||4|816,849|816,849|714,216|
|Total income|||||816,849|816,849|714,216|
|Expenditure||||||||
|Expenditure|on charitable|activities||5,6|(492,791)|(492,791)|(522,213)|
|Total expenditure|||||(492,791)|(492,791)|(522,213)|
|Net income|and net movement||in funds||324,058|324,058|192,003|
|Reconciliation offunds||||||||
|Total funds|brought forward||||785,025|785,025|593,022|
|Total funds|carried forward||||1,109,083|1,109,083|785,025|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Note|||
|Fixed assets|||||||
|Tangible fixed assets||||13|1',035,491|749,110|
|Current
assets|||||||
|Debtors||||14|5,312|5,155|
|Cash at bank|and in hand||||80,280|36,760|
||||||85,592|41,915|
|Creditors: amounts||falling due within|one year|15|(12,000)|(6,000)|
|Net current|assets||||73,592|35,915|
|Total assets|less current liabilities||||1,109,083|785,025|
|Net assets|||||1,109,083|785,025|
|Funds ofthe|charity||||||
|Unrestricted|funds||||1,109,083|785,025|
|Total charity|fuads|||16|1,109,083|785,025|
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|||2021|2020|
|---|---|---|---|
|Cash flows from operating|activities|||
|Net income||324,058|192,003|
|Adjustments for:||||
|Depreciation oftangible fixed assets||78,934|63,792|
|Accrued expenses/(income)||6,000|(600)|
|Changes in:||||
|Trade snd other debtors||(157)|(135)|
|Cash generated
from operations||408,835|255,060|
|Net cash from operating
activities||408,835|255,060|
|Cash flows from iavesting|activities|||
|Purchase oftangible assets||(365,315)|(379,644)|
|Net cash used in investing activities||(365,315)|(379,644)|
|Net increase/(decrease)
in|cash and cash equivalents|43,520|(124,584)|
|Cash and cash equivalents|at beginning ofyear|36,760|161,344|
|Cash and cash equivalents|at end ofyear|80,280|36,760|
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|Donations|and legacies|||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
|Donations||||||
|General donations||292,988|292,988|121,245|121,245|
|Charitable|organisations|523,861|523,861|592,971|592,971|
|||816,849|816,849|714,216|714,216|
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|Expenditu|re
on charitable
a|ctivities by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
|Charitable|Activity|395,732|395,732|442,377|442,377|
|Support costs||97,059|97,059|79,836|79,836|
|||492,791|492,791|522,213|522,213|
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||||Activities|Activities|||||
|---|---|---|---|---|---|---|---|---|
||||undertaken||Grant funding||Total funds|Total fund|
||||directly||ofactivities|Support costs|2021|2020|
|Charitable||Activity|298,529||97,203|97,059|492,791|522,213|
|Charitable|activities undertaken|||directly during the year were as|||follows:||
||||||||2021|2020|
|Provision ofamenities|||||||79,528|125,688|
|Maintenance|of|Synagogue|building|and ritual objects|||154,151|120,887|
|Student Grants|||||||63,910|58,170|
|Office costs|||||||940|3,078|
||||||||298,529|307,823|
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|8.|Analysis ofgrants||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Grants to institutions||||||||
||Adath Yisroel Burial Society||||||10,808||
||Binyen Torah Limited|||||||9,000|
||Ben Amram Charitable|Trust|||||5,000||
||Friends ofYeshiva Daas Sholem||||Shotz|||20,000|
||Jaster Limited|||||||9,500|
||Inspirations|||||||18,000|
||Talmud Torah Education||Limited|||||20,000|
||Wlodowa Charity &Rehabilitation||||Trust|||15,000|
||Kollel Torah Veyireh Limited||||||67,300|13,270|
||Grants & f,5,000||||||14,095|32,862|
||||||||97,203|137,632|
||Total grants||||||97,203|137,632|
|9.|Net income||||||||
||Net income is stated after||charging/(crediting):||||||
||||||||2021|2020|
||Depreciation oftangible|fixed assets|||||78,934|63,792|
|10.|Independent
examination||fees||||||
||||||||2021|2020|
||||||||n||
||Fees payable to the independent|||examiner||for:|||
||Independent
examination||ofthe|financial||statements|6,000|6,000|
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|13.|Tangible fixed assets|Tangible fixed assets||||||
|---|---|---|---|---|---|---|---|
||||||Short|||
||||||leasehold|||
||||||properly|Equipment|Total|
||Cost|||||||
||At 1 April 2020||||885,547|14,483|900,030|
||Additions||||365,315||365,315|
||At 31March|2021|||1,250,862|14,483|1,265,345|
||Depreciation|||||||
||At I April 2020||||139,145|11,775|150,920|
||Charge for the year||||78,257|677|78,934|
||At 31March|2021|||217,402|12,452|229,854|
||Carrying
amount|||||||
||At 31March|2021|||1,033,460|2,031|1,035,491|
||At 31March|2020|||746,402|2,708|749,110|
|14.|Debtors|||||||
|||||||2021|2020|
||Prepayments|and accrued income||||5,312|5,155|
|15.|Creditors: amounts||falling due within one year|||||
|||||||2021|2020|
||Accruals and|deferred||income||12,000|6,000|
|16.|Analysis ofcharitable|||funds||||
||Unrestricted|funds||||||
||||||||At|
|||||At||31March 20||
|||||I April 2020|Income|Expenditure|21|
||||||||8|
||General funds|||785,025|816,849|(492,791)|1,109,083|
||||||||At|
|||||At||31|March 202|
|||||I April 2019|Income|Expenditure|0|
||General funds|||593,022|714,216|(522,213)|785,025|
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|17.|Analysis ofnet ass|ets between funds||||
|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|
|||||Funds|2021|
||Tangible fixed assets|||1,035,491|1,035,491|
||Current assets|||85,592|85,592|
||Creditors
less than|1 year||(12,000)|(12,000)|
||Net assets|||1,109,083|1,109,083|
|||||Unrestricted|Total Funds|
|||||Funds|2020|
||Tangible fixed assets|||749,110|749,110|
||Current assets|||41,915|41,915|
||Creditors less than|1 year||(6,000)|(6,000)|
||Net assets|||785,025|785,025|
|18.|Analysis ofchanges in net debt|||||
||||At||At|
||||1 Apr 2020|Cash flows|31Mar 2021|
||Cash at bank snd in|hand|36,760|43,520|80,280|