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||||||||PAGES|
|---|---|---|---|---|---|---|---|
|Trustees'|annual<br>report||(incorporating|the|director's|report)|1to 4|
|Independent<br>exaniiner's|||report to the|trustees||||
|Statement|offinancial||activities (including||income|and expenditure||
|account)||||||||
|Statement|offinancial||position|||||
|Notes to|the financial|statements|||||8 to 17|





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||||YEA|R ENDED|31MAR|CH 2022|CH 2022||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|||||||Unrestricted|||
|||||||funds|Total funds|Total funds|
||||||Note||||
|Income and endowments|||||||||
|investment<br>income|||||5|167,803|167,803|157,682|
|Total income||||||167,803|167,803|157,682|
|Expenditure|||||||||
|Expenditure<br>on raising funds:|||||||||
|Investment<br>management|||costs||6|8,279|8,279|(98,614)|
|Expenditure<br>on charitable||activities|||7,8|(750,279)|(750,279)|(2,085,673)|
|Other expenditure|||||10|||(450,032)|
|Total expenditure||||||(742,000)|(742,000)|(2,634,319)|
|Net (tosses)/gains<br>on|investments||||11|(138,656)|(138,656)|233,200|
|Net expenditure<br>and net||movement||in funds||(712,853)|(712,853)|(2,243,437)|
|Reconciliation<br>offunds|||||||||
|Total funds brought|fotward|||||4,393,270|4,393,270|6,636,707|
|Total funds carried|forward|||||3,680,417|3,680,417|4,393,270|





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||||||2022||2021|
|---|---|---|---|---|---|---|---|
|||||Note||||
|Fixed assets||||||||
|investments||||15||1,347,634|1,397,161|
|Current<br>assets||||||||
|Debtors||||16|1,849,595||2,225,806|
|Cash at bank|and in hand||||502,388||824,573|
||||||2)351&983||3,050,379|
|Creditors: amounts||falling due within one year||17|(19,200)||(54,270)|
|Net current|assets|||||2,332,783|2,996,109|
|Total assets|less current||liabilities|||3,680,417|4,393,270|
|Net assets||||||3,680,417|4,393,270|
|Funds ofthe|charity|||||||
|Unrestricted|funds|||||3,680,417|4,393,270|
|Total charity|funds|||18||3,680,417|4,393,270|





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||||||||Unrestricted|Unrestricted|Total|Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds||2022|Funds|2021|
|||||||||||||f|
||Income from||investments||assets||||||||
||outside the|UK||||||167,803|167,803||157,614|157,614|
||Bank interest||receivable||||||||68|68|
|||||||||167,803|167,803||157,682|157,682|
|6.|INVESTMENT|||MANAGEMENT|||COSTS||||||
||||||||Unrestricted||Total|Funds|Unrestricted|Total Funds|
|||||||||Funds||2022|Funds|2021|
|||||||||||f|||
||Fees paid on||success of||investment||||||6,908|6,908|
||Foreign exchange|||(gains)/losses||||(8,279)||(8479)|91,706|91,706|
|||||||||(8,279)||(8,279)|98,614|98,614|
|7.|EXPENDITURE|||ON CHARITABLE ACTIVITIES BYFUND TYPE|||||||||
||||||||Unrestricted||Total|Funds|Unrestricted|Total Funds|
|||||||||Funds||2022|Funds|2021|
|||||||||f||||f.|
||Charitable|donations||||||715,495|715,495||724,612|724,612|
||Loan to charitable|||institution||fully|||||||
||provided||||||||||1,300,000|1,300,000|
||Supportcosts|||||||34,784||34,784|61,061|61,061|
|||||||||750,279|750479||2,085,673|2,085,673|
|8.|EXPENDITURE|||ON CHARITABLE ACTIVITIES BYACTIVITY TYPE|||||||||
||||||||Grant|funding|||Total funds|Total fund|
||||||||ofactivities<br>f||Suppo)t costs||2022|2021|
||Charitable|donations||||||715,495||5,283|7209778|735,149|
||Loan to charitable|||institution||fully|||||||
||provided|||||||||||1,300,000|
||Governance||costs|||||||29,501|29)501|50,524|
|||||||||715,495||34,784|750,279|2,085,673|





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|grants to in|stit|utions.||
|---|---|---|---|
||||2022|
|Advancement||ofEducation|459,520|
|Advancement||ofHealth or the saving oflives|11,050|
|Prevention|or|relief ofpoverty|44,925|
|Others|||200,000|
||||715,495|



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||||2022|
|---|---|---|---|
|The Marque Foundation|||200,000|
|Ahavat Yisroel UK|||145,600|
|L Ch ri<br>Accounts|||142,000|
|British friends ofYeshivat Har Etzion|||108,000|
|JNF Charitable<br>Trust|||42,750|
|Conference ofEuropean|Rabbis||36,100|
|American<br>Jewish Joint Distribution||Committee UK Trust|33,100|
|Amounts<br>below 810,000|||7,945|
|Total Grants Payable|||715,495|



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|ANALYSIS OF SUP|PORT COSTS|||
|---|---|---|---|
|||2022|2021|
|||8||
|Legal and professional|fees|3,300|5,500|
|Travel expenses||1,870|6,169|
|Bank charges/(refund)||113|(1,132)|
|Governance<br>costs||29,501|50,524|
|||34,784|61,061|





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|10.|OTHER EX|PEN|DITUR|E|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2022|Funds|2021|
|||||||||||f.|
||Provision<br>for|bad debts against|||loan||||||
||Interest||||||||450,032|450,032|
|11.|NET (LOSSES)/GAINS|||ON|INVESTMENTS||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2022|Funds|2021|
||||||||||f|f|
||Gains (losses) on revaluation<br>of||||||||||
||investments||||||134,126|134,126|233,200|233,200|
||Gains/(losses)|on|impairment||of||||||
||investments||||||(62,635)|(62,635)|||
||Gains on disposal||ofother|invesunent|||||||
||assets||||||(210,147)|(210)147)|||
||||||||(138,656)|(138,656)|233,200|233,200|
|12.|INDEPENDENT||EXAMINATION FEES||||||||
||||||||||2022|2021|
||||||||||f||
||Fees payable|to the independent||||examiner for:|||||
||Independent|examination||ofthe||financial|statements||19,200|19,200|



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|||Non-UK|Shares in|||
|---|---|---|---|---|---|
|||Quoted|group|Non-UK||
|||Shares|undertakings|Investments|Total|
|||f||||
|Cost or valuation||||||
|At I April|2021|561,234|93|835,834|1,397,161|
|Additions||||450,820|450,820|
|Disposals||(463,424)||(108,414)|(571,838)|
|Fair value|movements|54,921||79,205|134,126|
|At 31March 2022||152,731|93|1,257,445|1,410,269|
|Impairment||||||
|At<br>1 April|2021|||||
|Disposals||||||
|Impairment||||(62,635)|(62,635)|
|At 31 March 2022||||(62,635)|(62,635)|
|Carrying|amount|||||
|At 31March 2022||152,731|93|1,194,810|1,347,634|
|At 31 March 2021||561,234|93|835,884|1,397,161|





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||||2022|2021|
|---|---|---|---|---|
||||f||
|Amounts|owed by group undertakings||1,615,841|2,015,168|
|Prepayments||and accrued income|84&582|60,638|
|Charitable||loans|149,172|150,000|
||||1,849,595|2,225,806|



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|CREDI|TORS: amounts<br>falling due within<br>one ye|ar||
|---|---|---|---|
|||2022|2021|
|Accruals|and deferred income|19&200|48,000|
|Sundry|Creditors||6,270|
|||19,200|54,270|



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|Unrestri|cted<br>funds|||||||
|---|---|---|---|---|---|---|---|
||||At|||Gains and|At|
|||I|April 2021<br>f.|Income<br>f|Expenditure|losses <br>f.|31Mar 2022<br>f|
|General|funds||4,393,270|167,803|(742,000)|(138,656)|3,680,417|
||||At|||Gains and|At|
|||I|April 2020|Income|Expenditure|losses|31 Mar 2021|
|||||f.|f.||f.|
|General|funds||6,636,707|157,682|(2,634,319)|233,200|4,393,270|





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||||||||||||||||Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||Funds|2022|
|||||||||||||||||5|
|Investments|||||||||||||||1,347,634|1,347,634|
|Current assets|||||||||||||||2,351,983|2,351&983|
|Creditors|less|than|1|year|||||||||||(19,200)|(19,200)|
|Net assets|||||||||||||||3,680,417|3,680,417|
||||||||||||||||Unrestricted|Total Funds|
||||||||||||||||Funds|2021|
|Investments|||||||||||||||1,397,161|1,397,161|
|Current assets|||||||||||||||3,050,379|3,050,379|
|Creditors|less|than|1|year|||||||||||(54,270)|(54,270)|
|Net assets|||||||||||||||4,393,270|4,393,270|
|FINANCIAL||INSTRUMENTS|||||||||||||||
|The canying||amount||foreach|||category offinancial|||||instrument||is as follows:|||
||||||||||||||||2022|2021|
||||||||||||||||8||
|Financial|assets measured|||||at fair value|||through|||income and||expenditure|||
|Financial|assets measured||||at|fair||value through|||income||and||||
|expenditure|||||||||||||||1,347,541|1,397,068|
|Financial|assets that are||||debt instruments|||||measured|||at amortised||cost||
|Financial|assets that|||are debt||instruments|||measured|||at|amortised||||
|cost|||||||||||||||1,849,595|2,225,806|
|Financial|liabilities|||measured|||at amortised||||cost||||||
|Financial|liabilities||measured||||at|amortised||cost|||||19,200|54,270|



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