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|Trustees'|Annual Report (Incorporating||the|Director's Report)||
|Independent
Examiner's
Report to the|||Trustees|||
|Statement|ofFinancial Actitdties|(Including||Income and Expenditure||
|Account)||||||
|Statement|ofFinancial Position|||||
|Notes to|the Financial Statements|||||
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||||YEAR ENDE|D 31MAR|CH 2023|CH 2023||
|---|---|---|---|---|---|---|---|
||||||2023||2022|
||||||Unrestricted|||
||||||funds|Total funds|Total funds|
|||||Note||8||
|Income and endowments||||||||
|Donations
and legacies||||5|235,000|235,000|38,000,000|
|Total income|||||235,000|235,000|38,000,000|
|Expenditure||||||||
|Expenditure
on charitable||activities||6,7|( i59,852)|(159,852)|(92,532)|
|Total expenditure|||||()59,852)|(159,852)|(92,532)|
|Net gains on investments||||10|||2,000,000|
|Net income and net|movement||in funds||75,148|75,148|39,907,468|
|Reconciliation
offunds||||||||
|Total funds brought|forward||||39,970,2)3|39,970)213|62,745|
|Total funds carried|forward||||40,045,361|40,045&361|39,970,213|
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|||31MARCH|31MARCH|2023||||
|---|---|---|---|---|---|---|---|
|||||2023||2022||
|||Note|5|||||
|FIXEDASSETS
Investments||14|||40,000,000||40,000,000|
|CURRENT ASSETS||||||||
|Cash at bank and in hand|||56,174|||16,921||
|CREDITORS: amounts
within one year|falling due|15|(10,813)|||(46,708)||
|NET CURRENT ASSETS|||||45@61||(29,787)|
|TOTAL ASSETSLESS
LIABILITIES|CURRENT||||40,045461||39,970,213|
|NKT ASSETS|||||40,045461||39,970,213|
|FUNDS OF THK CHARITY
Unrestricted
funds|||||40)045ft71||39,970,213|
|Total charity funds||16|||40,045,471||39,970,213|
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|DONATIO|NS
AND LEGAC|IES||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|DONATIONS||||||
|Donations|received|235,000|235,000|38,000,000|38,000,000|
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|EXPEND|ITURE ON CHAR|ITABLE ACTIVITIES|BYFUND T|YPE||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|Charitable|donations|156,110|156,110|54,500|54,500|
|Support costs||3,742|3,742|38,032|38,032|
|||159,852|159,852|92,532|92,532|
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|7.|EXPENDI|TURE ON CHARITABLE|ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|---|
||||Grant funding||Total funds|Total fund|
||||ofactivities|Support costs|2023|2022|
|||||||g|
||Charitable|donations|156,110||156,110|54,500|
||Governance|costs||3,742|3,742|38,032|
|||||3,742|159,852|92,532|
|8.|ANALYSIS OF SUPPORT COSTS||||||
|||||Charitable|||
|||||donations|Total 2023|Total 2022|
||||||g||
||Governance|costs||3,742|3,742|38,032|
|9.|ANALYSIS OF GRANTS||||||
||||||2023|2022|
||GRANTS|TO INSTITUTIONS|||||
||Charitable|donations|||156,110|54,500|
||Total grants||||156,110|54,500|
|The composition of|donat|ions
is shown below.||
|---|---|---|---|
||||2023|
||||4|
|Mesifta Talmudical|Studies||30,000|
|Shaarei Torah Yeshiva|||20,500|
|Bayit Lepletot Girls
Chasdei Aharon Ltd|Town||18,000
15,000|
|Comet Charities Ltd|||13,750|
|Gateshead
Talmudical
College
Ichud Mosdos Gur|||12,500
12,500|
|Torah Veyirah D'Satmar
Viznitz Girls School||Kollel|12,500
10,000|
|Other donations
less|than|510,000|11,360|
||||156,110|
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|NET GAINS|YEAREND
ON INVESTMENTS|ED 31MA|RCH 2023|||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|Gains/(losses)
assets|on other investment|||2,000,000|2,000,000|
|AUDITORS|REMUNERATION|||||
|||||2023|2022|
|Fees payable|for the audit of the financial|statements|||7,200|
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|No remuneration
or other benefits
from employment
with
received by the trustees.
No trustee expenses have been incurred,
INVESTMENTS|the charity
or a related
entity
were|
|---|---|
||Other|
||mvestments|
|Fair value||
|At 1 April 2022|40,000,000|
|Additions||
|At 31March 2023|40,000,000|
|Impairment||
|At 1April 2022 and 31March 2023||
|Carrying
amount
At 31March 2023|40,000,000|
|At 31March 2022|40,000,000|
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|CREDIT|ORS: amounts
falling due within
one ye|ar||
|---|---|---|---|
|||2023|2022|
|Accruals|and deferred income|3,600|7,200|
|Other creditors||7413|39,508|
|||10,813|46,708|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
||||At|||Gains and 31March 20||
|||I|April 2022|Income|Expenditure|losses|23|
||||||f.|||
|General|funds||39,970,213|235,000|(159,852)||40,045,361|
||||||||At|
||||At|||Gains and 31 March 202||
|||1|April 2021|Income|Expenditure|losses|2|
|||||||f.||
|General|funds||62,745|38,000,000|(92,532)|2,000,000|39,970,213|
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|ANALYSIS|OF NET AS|SETSBETWEEN F|UN|DS|||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|
||||||Funds|2023|
|||||||g|
|Investments|||||40,000,000|40,000,000|
|Current assets|||||56,174|56,174|
|Creditors less|than 1 year||||(10,813)|(10,813)|
|Net assets|||||40,045,361|40,045,361|
||||||Unrestricted|Total Funds|
||||||Funds|2022|
||||||6||
|Investments|||||40,000,000|40,000,000|
|Current assets|||||16,921|16,921|
|Creditors
less|than 1 year||||(46,708)|(46,708)|
|Net assets|||||39,970,213|39,970,213|
|FINANCIAL|INSTRUMENTS||||||
|The carrying|amount for each category offinancial|||instrument|is as follows:
2023|2022|
||||||g||
|Financial assets measured||at fair value through||income and expenditure|||
|Financial assets measured
expenditure||at fair value through|income and||40,000,000|40,000,000|
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