||Page|Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|4|
|Report ofthe Independent
Auditors|5|to|7|
|Statement of Financial Activities||||
|Balance Sheet||||
|Cash Flow Statement||10||
|Notes to the Cash Flow Statement||||
|Notes to the Finandal Statements|12|to|20|
|Detailed Statement of Financial Activities||21||
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|TRUSTEES|||V Schimmel
Company|V Schimmel
Company|V Schimmel
Company|Director|Director||
|---|---|---|---|---|---|---|---|---|
||||N E Schimmel
Company||||Director (appointed|27.10.21)|
||||3 Schimmel
Company|||Director|||
||||A Schlmmel
Company|||Director (appointed||27.10.21)|
|REGISTERED|OFFICE||121Princes Park Avenue||||||
||||London||||||
||||NW11 03S||||||
|REGISTERED|COMPANY|NUMBER|03609638(England||and||Wales)||
|REGISTERED|CHARITY|NUMBER|1071978||||||
|AUDITORS|||Melinek Fine LLP||||||
||||Chartered
Accountants||||||
||||Statutory
Auditom||||||
||||First Floor, Winston||House||||
||||349 Regents
Park|Road|||||
||||London||||||
||||N3 1DH||||||
|SOLICITORS|||Maurice Tumor Gardner||||LLP||
||||16th Floor||||||
||||Milton tlouse||||||
||||Milton Street||||||
||||London||||||
||||EC2Y 9BH||||||
|BANKERS|||Barclays Bank Pic||||||
||||1 Churchill
Place||||||
||||London||||||
||||E14SHP||||||
||||The Cooperative|Bank|||||
||||4th Flcor||||||
||||9 Prescot Street||||||
||||London||||||
||||E1 BAZ||||||
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|||||2022|2021|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||||as restated|
||||Notes||I|
|INCOME AND ENDOWMENTS||FROM||||
|Investment
income||||606,121|596,994|
|EXPENDITURE ON||||||
|Raising funds||||334,160|156,932|
|Charitable
activities||||||
|Grants to organlsations||||564,255|177,295|
|Other||||10,545|53,420|
|Total||||908,960|387,647|
|Net gains on investments||||5,965||
|NET INCOME/(EXPENDITURE)||||(296,874)|209,347|
|RECONCIUATION|OF FUNDS|||||
|Total funds brought|forward|||6~767~903|6 558 556|
|TOTAL FUNDS CARRIED FORWARD||||6~471y029|6767 903|
##
##
|||2022|2021|
|---|---|---|---|
|||Unrestrkted|Total|
|||fund|funds|
||||as restated|
||Notes||I|
|FIXEDASSETS||||
|Investments||||
|Investments|12|759,763||
|investment
property|13|6~375~000|6375 000|
|||7y134~763|6375 000|
|CURRENT ASSEIS||||
|Debtors|14|726,344|775,114|
|Cash at bank||648,995|1,766,096|
|||I~375/339|2 541 210|
|CREDITORS||||
|Amounts
falling due within one year|15|(552,747)|(438,080)|
|NET CURRENT ASSETS||822,592|2,103,130|
|TOTAL ASSETSLESSCURRENT LIABILITIES||7,957,355|8,478,130|
|CREDITORS||||
|Amounts
falling due aRer more than one year|16|(1~486@26)|(1 710227)|
|NET ASSETS||6,471,029|6,767,903|
|FUNDS|19|||
|Unrestdcted
funds||6,471,029|6,767,903|
|TOTAL FUNDS||6~471~029|6 767903|
##
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|||||2022|2021|
|---|---|---|---|---|---|
||||||as restated|
||||Notes||I|
|Cash flows from operating
activities
Cash generated
from operations
Interest
paid|||1|(147,023)
(61,211)|811,125
(108,783)|
|Net cash (used in)/provided|by|operating|activities|(208,234)|702,342|
|Cash flows from investing
activities
Purchase offixed asset investments||||(753,798)||
|Interest received||||71,831|37,442|
|Net cash (used In)/provided|by|Invesbng|activities|(681,967)|37,442|
|Cash flows from financing|activities|||||
|New loans
in year
Loan repayments
in year||||(226,900)|1,710,227
(1,020,002)|
|Net cash (used in)/provided|by|finandng|acbvities|(226,900)|690,225|
|Change
in cash and cash
the reportfng
period|equivalents||in|(1,117,101)|1,430,009|
|Cash and cash equivalents
beginning
ofthe reporting||at the
period||1,766,096|336,087|
|Cash and cash equivalents
the reporting
period||at the end of||648,995|1,766,096|
##
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||RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|RECONCILIATION
OF NET (EXPENDITURE)/INCOME|TO NET CASH FLOW|FROM OPERATING|FROM OPERATING|
|---|---|---|---|---|---|---|
||ACTIVITIES||||||
||||||2022|2021|
|||||||as restated|
||||||I|I|
||Net (expenditure)/income
for the reporting
Statement of Financial Activities)||period|(as per the|(296,874)|209,347|
||Adjustments
for.
Losses on investments
Interest received
Interest
pakl
Decrease
In debtom||||(5,965)
(71,831)
61I211
48,770|(37,442)
108,783
494,133|
||Increase
in creditors||||117,666|36,304|
||Net cash (used In)/provided|by operations|||(147,023)|811,126|
|2.|ANALYSIS OF CHANGES IN|NET DEBT|||||
|||||At 1.4.21
I|Cash flow
I|At31.3.22
f|
||Net cash
Cash at bank|||I/766~096|(1~117101)|648~995|
|||||IJ766096|(1~117~101)|648~995|
||Debt
Debts falling due within I year
Debts falling due after I year|||(229,000)
(1~7I0~227)|3,000
223,901|(226,000)
(1,486,326)|
|||||(1~939~227)|226~901|(1~712+26)|
||Total|||(173~131)|(890200)|(1~063y331)|
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|GRANTS PAYABLE - continued|GRANTS PAYABLE - continued|||||
|---|---|---|---|---|---|
|The total grants
paid to insbtutions||during|the year was as follows:|2022|2021|
||||||as restated|
|||||E|E|
|KKL Chanty Accounts
Ahavat Ylsroel UK
The Marque
Foundation
Asser Bishvil Foundation
Friends of Yad Sarah
Genesis Philanthropy
Group
The Kemach Foundation
Foticular Lymphoma
Foundation
Colel Chabad
Chevras
Mo'oz Ladol
Achlsomoch
Aid Company
BSDChantable
Trust||||198,600
130,700
38,000
37,500
36,000
22,t00
1$,000
15,600
15,000
10,000|157,350
18,000|
|Mizrachi
UK
British Friends ofTzohar||||9,000
7,300||
|Noa Girls
Other donations (
&E5,000 in aggregate)||||5,000
21,455|1,945|
|||||564,255|177,295|
|SUPPORT COSTS||||||
||||||Governance|
||||||cosm|
||||||E|
|Other msources
expended|||||7,602|
|NET INCOME/(EXPENDITURE)||||||
|Net Income/(expenditure)|is stated aRer||charging/(credmng):|||
|||||2022|2021|
||||||as restated|
|||||E|E|
|Auditors'
remunerabon||||7,500|5,875|
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|COMPARATIVES F|OR THE STA|TEMENT OF FINANCIAL AClIVITI|ES|
|---|---|---|---|
||||Unrestricted|
||||fund|
||||as restated|
||||6|
|INCOME AND ENDOWMENTS||FROM||
|Investment
income|||596,994|
|EXPENDITURE ON||||
|Raising funds|||156,932|
|Charitable
activities||||
|Grants to organisatlons|||177,295|
|Other|||53,420|
|Total|||387,647|
|NET INCOME|||209,347|
|RECONCILIAlION|OF FUNDS|||
|Total funds brought|forward||6,558,556|
|TOTAL FUNDS CARRIED FORWARD|||6,767,903|
##
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|FIXEDASSET INVESTMENTS||
|---|---|
||Unlisted|
||investments|
||I|
|MARKETVALUE
Additions
Revaluations|753,798
5,965|
|At 31 March 2022|759,763|
|NET BOOK VALUE
At 31 March 2022|759,763|
|At 31 March 202t||
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|FAIR VALUE||
|---|---|
|At 1 April 2021
and 31 March 2022|6,375,000|
|NET BOOK VALUE||
|At 31 March 2022|6,375,000|
|At 31 March 2021|6,375,000|
##
|DEBTORS||||
|---|---|---|---|
|||2022|2021|
||||as ieslateci|
||||I|
|Amounts
falling due within one year:
Trade debtors||170,007|99,795|
|Other debtors||93,554|66,571|
|Prepayments|and accrued income|153,721|203,601|
|||417,282|369,967|
|Amounts
falling due after more than one year:
Other debtors||309,062|405,147|
|Aggregate
amounts||726,344|775,114|
##
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|15.|CREDITORS: AMOUNTS|FA|LUNG DUE|WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||as restated|
||||||E|E|
||Bank loans and overdraits
(see note 17)
VAT
Accruals and deferred
Income||||226,000
36,502
290,245|229,$N
32,903
176,177|
||||||552,747|438,080|
|16.|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|||2022|2021|
|||||||as restated|
||||||E|E|
||Bank loans (see note 17)||||1,486,326|1,710,227|
|17.|LOANS||||||
||An analysis ofthe matudty|of|loans is given below:||||
||||||2022|2021|
|||||||as restated|
|||||||E|
||Amounts
falling due within one year on demand:
Bank loans||||226,000|229,000|
||Amounts
falling between
Bank loans
—1-2years|one|and two years:||452,000|458,000|
||Amounts
falling due between
Bank loans
—2-5 years||two and five|years:|678,000|565,227|
||Amounts
falling due in more than five years.||||||
||Repayable
by Instalments:
Bank loans more 5 yr by|instal|||356,326|687,000|
|18.|SECURED DEBTS||||||
||The following
secured debts are Included|||within creditors:|||
||||||2022|2021|
|||||||as restated|
||||||E|E|
||Bank loans||||1,712,326|1,939,227|
##
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||Al 1.4,21|in funds|31.3.22|
||||E|E|E|
|Unrestricted
General
fund||funds|6,767,903|(296~874)|6471/029|
|TOTAL|FUNDS||6y767~903|(296g874)|6~471~029|
|Net mov|ement|in funds, induded|In the above|are as follows:||||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||E|E|E|E|
|Unrestdcted
General
fund||funds||606,121|(908,960)|5,965|(296,874)|
|TOTAL|FUNDS|||606,121|(908,960)|5,965|(296,874)|
|Comparatlves||for movement|in funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.20|in funds|31.3.21|
||||||E|E|E|
|Unrestricted
General
fund||funds|||6,558,556|209,347|6,767,903|
|TOTAL|FUNDS||||6,558,556|209,347|6,767,903|
|Compara|tive
|net movement
In funds, Induded|In the above are as follows:|||
|---|---|---|---|---|---|
||||incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted||funds||||
|General|fund||596,994|(387,647)|209,347|
|TOTAL|FUNDS||596,994|(387,647)|209,347|
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