## ## |Trustees||Mr Richard|Spitzer| |---|---|---|---| |||Mr Jacob Gluck|| |||Mrs Hanna|Gluck| |||Mr Avrohom
Schechter|| |Secretary||Mr Richard|Spitzer| |||Mr Avrohom|Schechter| |Charity number||1039036|| |Company|number|02884621|| |Principal address||Woodbury|Down Centre| |||Woodbury|Down| |||London|| |||N4 2SH|| |Registered|office|1st Floor, Cloister House|| |||Riverside|| |||New Bailey|Street| |||Manchester|| |||M35FS|| |Auditor||Lopian Gross Barnett &Co|| |||1st Floor, Cloister House|| |||Riverside|| |||New Bailey|Street| |||Manchester|| |||M3 5FS|| |Bankers||Barclays Bank Pic London|| |||The Manager|| |||Barclays Bank Pic|| |||1 Church
Hill Place|| |||London|| |||E145HP|| ## ## |||Page| |---|---|---| |Trustees'
report||1-2| |Statement oftrustees'|responsibilities|| |Independent
auditor's|report|4-6| |Statement offinancial|activities|| |Balance sheet||8-9| |Statement
ofcash flows||10| |Notes to the financial|statements|11 - 19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2020|2019| |human;||Notes||f| |Voluntary
income||||| ||||516,063|605,527| |Investments|||842,000|866,500| |Total income|||1,358,063|1,472,027| |Raising funds|||41,078|67,806| |Charitable
activities|||774,008|924,291| |Total resources expended|||815,086|992,097| |Net income for the year/||||| |Net movement|in funds||542,977|479,930| |Fund balances|at 1 September 2019||8,527,132|8,047,202| |Fund balances|at 31August 2020||9,070,109|8,527,132| ## ## ## ||||||2020|2019| |---|---|---|---|---|---|---| |||||Notes||| |Fixed assets||||||| |Tangible assets||||12|52,780|53,040| |Investment|properties|||13|11,464,465|11,035,940| ||||||11,517,265|11,088,980| |Current assets||||||| |Debtors||||14|38,420|30,000| |Creditors:|amounts|falling due|within|||| |one year||||16|(1,598,182)|(1,682,512)| |Net current|liabilities||||(1,559,762)|(1,652,512)| |Total assets less current liabilities|||||9,957,503|9,436,468| |Creditors:|amounts|falling due|after|||| |more than|one year|||17|(887,394)|(909,336)| |Net assets|||||9,070,109|8,527,132| |Income funds||||||| |General
unrestricted||funds|||3,153,620|2,610,643| |Gain on revaluation||of investment|property|fund|5,916,489|5,916,489| ||||||9,070,109|8,527,132| ||||||9,070,109|8,527,132| ## ## ## ## ## ## |||Notes|2020
f||2019
f|| |---|---|---|---|---|---|---| |Cash flows from operating|activities|||||| |Cash absorbed
by operations||20||(351,452)||(446,912)| |Investing
activities||||||| |Purchase oftangible
fixed assets|||(5,604)||(1,978)|| |Additions
to investment
properly|||(428,545)||(283,249)|| |Rental income received|||842,000||866,500|| |Net cash generated
from investing||||||| |activities||||407,851||581,273| |Financing
activities||||||| |Repayment
ofbank loans|||(19,442)||(125,260)|| |Net cash used in financing|activities|||(19,442)||(125,260)| |Net increase
in cash and cash equivalents||||36,957||9,101| |Cash and cash equivalents|at beginning|ofyear||(41,934)||(51,035)| |Cash and cash equivalents|at end of|year||(4,977)||(41,934)| |Relating to:||||||| |Cash at bank and in hand||||||| |Bank overdrafts
included
in|creditors|||||| |payable
within one year||||(4,977)||(41,934)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2020f|2019
E| |Donations|and|gifts|516,063|605,527| ## ## ## |||Unrestricted|Unrestricted| |---|---|---|---| |||funds|funds| |||2020|2019| |||R|E| |Rental|income|842,000|866,500| ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2020|2019| |Other|fundraising|costs|41,078|67,806| ||||41,078|67,806| ## ## ## ||||Charitable|Donations|Total|Charitable|Donations|Total| |---|---|---|---|---|---|---|---|---| ||||activities|made|2020|activities|made|2019| ||||2020|2020||2019|2019|| |||||R||R||| |Depreciation|and|||||||| |impairment|||5,864||5,864|5,893||5,893| |Other establishment||costs|82,305||82,305|4,070||4,070| |Depreciation|and|||||||| |impairment||||||5,893||5,893| |Bank charges|and interest||20,661||20,661|22,511||22,511| |Sundry expenses||||||1,525||1,525| ||||108,830||108,830|39,892||39,892| |Grant funding|ofactivities|||||||| |(see note 7)||||661,578|661,578||880,799|880,799| |Share ofgovernance||costs||||||| |(see note 8)|||3,600||3,600|3,600||3,600| ||||112,430|661,578|774,008|43,492|880,799|924,291| ## ||||Donations|Donations| |---|---|---|---|---| ||||made|made| ||||2020|2019| |||||E| |Grants to institutions:||||| |Mifal Hachesed|Vehatzdokoh||18,000|155,100| |One Heariiev Echod|||18,000|108,500| |Wlodowa
Charity and Rehabilitation||Trust|360,000|329,500| |Friends Of Beis|Soroh Shnierer||50,000|110,909| |Spinka||||35,000| |Mercaz Hatoreh|Belz Machnovke|||66,750| |Shefa Cheim|||42,320|| |Sharei Chesed|London||23,165|| |Beis Nadvorne|||18,410|| |Other|||131,683|75,040| ||||661,578|880,799| ## ## |8|Support|costs||||||| |---|---|---|---|---|---|---|---|---| ||||Support|Governance|2020|Support|Governance|2019| ||||costs
R|costs
f||costs
F|costs
F|| ||Audit fee|||3,600|3,600||3,600|3,600| |||||3,600|3,600||3,600|3,600| ||Analysed|between||||||| ||Charitable|activities||3,600|3,600||3,600|3,600| ## ## ## ## ## |12|Tangible fixed assets|Tangible fixed assets||| |---|---|---|---|---| |||||Plant and machinery| ||Cost|||| ||At 1 September 2019|||137,881| ||Additions|||5,604| ||At 31August 2020|||143,485| ||Depreciation
and impairment|||| ||At 1 September 2019|||84,841| ||Depreciation
charged|in|the year|5,864| ||At 31August 2020|||90,705| ||Carrying
amount|||| ||At 31August 2020|||52,780| ||At 31August 2019|||53,040| |13|Investment
property|||| |||||2020| ||Fair value|||| ||At 1 September 2019|||11,035,940| ||Additions
through
external||acquisition|428,545| ||At 31August 2020|||11,464,485| ## |Debtors|||| |---|---|---|---| |||2020|2019| |Amounts|falling due within one year:||K| |Other debtors||38,420|30,000| ## ## ## ## |||||2020f|2019| |---|---|---|---|---|---| |Bank overdrafts||||4,977|41,934| |Bank loans||||978,494|997,936| |||||983,471|1,039,870| |Payable|within one year|||96,077|130,534| |Payable|after one|year||887,394|909,336| |Amounts|included|above which|fall due after five years:||| |Payable|by instalments|||443,000|443,000| ## |Creditors: amounts|falling due within one year|||| |---|---|---|---|---| |||Notes|2020|2019f| |Bank loans and overdrafts||15|96,077|130,534| |Trade creditors|||92,115|65,152| |Other creditors|||1,401,350|1,478,186| |Accruals and deferred|income||8,640|8,640| ||||1,598,182|1,682,512| |Creditors: amounts|falling due after more than one year|||| ||||2020|2019| |||Notes||| |Bank loans||15|887,394|909,336| ## ## ## ## ## ## |||||||| |---|---|---|---|---|---|---| |20|Cash generated
from|operat|ions||2020f|2019
K| ||Surplus for the year||||542,977|479,930| ||Adjustments
for:|||||| ||Rental income received||||(842,000)|(866,500)| ||Depreciation
and impairment||oftangible fixed assets||5,864|5,893| ||Movements
in working|capital:||||| ||(Increase)
in debtors||||(8,420)|(30,000)| ||(Decrease)
in creditors||||(49,873)|(36,235)| ||Cash absorbed
by operations||||(351,452)|(446,912)| |21|Analysis
ofchanges|in net (debt)lfunds||||| |||||At 1 September|Cash flows|At 31August| |||||2019f||2020| ||Bank overdrafts|||(41,934)|36,957|(4,977)| ||Loans falling due within|one year||(88,600)|(2,500)|(91,100)| ||Loans falling due after|more than one year||(909,336)|21,942|(887,394)| |||||(1,039,870)|56,399|(983,471)|