2021-03-31-accounts - Youth Aliyah - Child Rescue

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		Pa~e
Charity Information
Trustees' Report		2-6
Independent Auditor's	Report	7-10
Statement ofFinancial	Activities
Balance Sheets
Statement ofCash Flows		13
Notes to the Accounts		14-25

Trustees			Mrs BS Curtis
			A D Curtis Esq
			PDiamond
			BLeaver Esq
			DJPolden Esq (Resigned		15June 2021)
			Mrs LDM Robinson
			MFRobinson Esq (Chairman)
			Mrs AJShields
			H Soning Esq
			SM Strauss Esq
			AJTaylor Esq
Secretary			Ms D Mehdi
Company		number	3845916
Charity	number		1077913
Registered office address			235 Regents Park Road
			Finchley
			London N3 3LF
Principal		bankers	HSBC
			69Pall Mall
			London, SW1Y5EY
Auditors			Goldwins Limited
			Chartered Accountants	and
			Registered Auditors
			75 Maygrove Road
			London
			NW6 2EG
Solicitors			Martin Paisner CBE
			Payne Hicks Beach
			10New Square
			Lincoln's Inn
			London WC2A 3QG

egacies	amounting tof3	0,3]8.05 were receive
Le ac		Amount
Dutton	Gre or	E9,000
Anon	mous	f.137.68
Paul A	Lecker	61,180.37
Michael Karn		615,000
Jane Goodman		K5,000
Total		630,318.05

For the year en	ded	Marc	h 202	1
							2021	2020
				Unrestricted	Restricted	Endowments	Total	Total
				Funds	Funds	Funds	Funds	Funds
			Note
Income from:
Donations and legacies Other trading activities Investments				262,782 6,556 30,972	338,704 143,492 268	40,723	601,486 150,048 71,963	881,227 169,769 68,642
Other income				39,617			39,617
Total income				339,927	482,464	40,723	863,114	1,119,638
Expenditure on: Raising funds Charitable activities				174,749 487,561	1,926 437,156	15,976 25,000	192,651 949,717	227,542 986,710
Total expenditure				662,310	439,082	40,976	1,142,368	1,214,252
Net income / (expenditure)
before net gains /	(losses)	on		(322,383)	43,382	(253)	(279254)	(94614)
investments
Net gains / (losses)	on investments			100,000		300,378	400,378	(296,786)
Net income / (expenditure)		for
the year			7	(222,383)	43,382	300,125	121,124	(391,400)
Transfers between	funds
Net income / (expenditure) before other recognised gains				(222,383)	43,382	300,125	121,124	(391,400)
and losses
Net movement in	funds			(222,383)	43,382	300,125	121,124	(391,400)
Reconciliation of	funds:
Total funds brought	forward			1,790,883	100,609	1,744,268	3,635,760	4,027,160
Total funds carried forward				1,568,500	143,991	2,044,393	3,756,884	3,635,760

Youth Aliyah - Balance sheets As at 31 March	Child Rescue (Limited 2021	by Guara	ntee)	ntee)
			GROUP		CHARITY
			2021	2020	2021	2020
		Note				E
Fixed assets:
Tangible assets		10	18,707	22,797	18,707	22,797
Investment properties		11	950,000	850,000	950,000	850,000
Investments		12	2,012,369	1,723,577
			2,981,076	2,596,374	968,707	872,797
Current assets:
Debtors		13	10,512	43,941	35,512	43,941
Cash at bank and in	hand		783,278	1,015,380	726,254	994,689
			793790	1,059,321	761,766	1,038,630
Liabilities:
Creditors: amounts	falling due within one year	14	(17,982)	(19,935)	(17,982)	(19,935)
Net current assets			775,808	1,039,386	743,784	1,018,695
Total net assets			3,756,884	3,635,760	1,712,491	1,891,492
Funds		18
Restricted funds			143,991	100,609	143,991	100,609
Capital Endowments			2,044,393	1,744,268
Unrestricted funds:
General funds			1,568,500	1,790,883	1,568,500	1,790,883
Total funds			3,756,884	3,635,760	1,712,491	1,891,492

For the year ended 31	March 20	2	1
				Note	2021	2021	2020	2020
Cash flows from operating	activities:
Net cash provided by / (used in) operating			activities	19		(315,651)		(223,104)
Cash flows from investing	activities:
Interest/ rent/ dividends from investments					71,963		68,642
Sale/ (purchase) of fixed assets
Sale/ (purchase) of investments					11,586		(529,502)
Cash provided by / (used	in) investing	activities				83,549		(460,860)
Cash flows from financing	activities:
Repayments of borrowing
Cash inflows from new borrowing
Receipt of endowment
Cash provided by /(used	in) financing	activities
Change in cash and cash	equivalents	in the year				(232,102)		(683,964)
Cash and cash equivalents	at the beginning		of the year			1,015,380		1,699,344
Cash and cash equivalents	at the end	of the year		20		783,278		1,015,380

2	Detailed comparatives for the	Detailed comparatives for the
	statement of financial activities
			2020	2020	2020	2020
			Unrestricted	Restricted	Endowment
			Funds	Funds	Funds	Total Funds
					E
	Income from:
	Donations and legacies Other trading activities Investments		608,071 53,754 25,665	273,156 116,015	42,977	881,227 169,769 68,642
	Total income		687,490	389,171	42,977	1,119,638
	Expenditure on: Raising funds Other trading activities		191,442 319,249	18,955 647,461	17,145 20,000	227,542 986,710
	Total expenditure		510,691	666,416	37 145	1 214252
	Net income / expenditure	before
	gains / (losses) on investments		176,799		5,832	(94,614)
	Net gains / (losses) on investments Net income / expenditure		~(124,633 52,166	(277,245)	~172,153 (166,321)	~296,786 (391,400)
	Transfers between funds			235,263	235,263
	Net income / (expenditure) before other recognised gains		52,166	(512,508)	68,942	(391,400)
	and losses
	Net movement in funds		52,166	(512,508)	68,942	(391,400)
	Total funds brought forward Total funds carried forward		1,738,717 1,790,883	613,117 100,609	1,675,326 1,744,268	4,027,160 3,635,760
3	Income from donations	and
	legacies				2021	2020
	Unrestricted		Restricted	Endowment	Total	Total
						E
	Donations Legacies	232,464 30,318 262,782	338,704 338,704		571,168 30,318 601,486	493,491 387,736 881,227

Income from oth	er trading activitie	s
				2021	2020
	Unrestricted	Restricted	Endowment	Total	Total
Functions		143,492		143,492	161,120
Other events	6,556			6,556	8,649
	6,556	143,492		160048	169.769

					2021	2020
		Unrestricted	Restricted	Endowment	Total	Total
Bank interest			268	15	283	1,396
Rent		30,972			30,972	24,479
Investment	income			40,708	40,708	42,767
		30,972	268	40,723	71,963	68,642

		Charitable
		activities
			Cost of
	Basis of	Grants	raising	Support	Governance
	allocation	payable	funds	costs	costs	2021 Total	2020 Total
Grants payable Fundraising and promotion Staff costs	Direct Direct Direct	842,862	62,020 98,685	49,345		842,862 62,020 148,030	854,952 97,520 154,487
Rent and rates	Direct			13,200		13,200	15,691
Insurance	Direct		709	2,613		3322	4,923
Light and Heat	Direct		153			153	154
Investment property repairs and maintenance Office costs	Direct Direct		6,045	922		6,045 922	7,302 2,710
IT Costs	Direct		8,359	7,006		15,365	7,766
Telephone Printing, postage and stationery Travel expenses Legal and professional Endowment portfolio management Audit fee	Direct Direct Direct Direct Direct Direct		955 15,390	308 727 3,332	6,900	308 1,682 3332 15,390 6,900	1,102 20,716 1,225 3,041 17,145 6,900
Accountancy services Bank charges Exchange rate losses/(gains) Depreciation	Direct Direct Direct Direct		335	2,409 4,212 3,755	12,126	12,126 2,409 4,212 4,090	11,830 2,742 (423) 4,469
		842,862	192,651	87,829	19,026	1,142,368	1,214,252
Support costs		87,829		(87,829)
Governance costs		19,026			(19,026)
Total expenditure 2021		949,717	192,651			1,142,368
Total expenditure 2020		986,710	227,542				1,214,252

Net income/(expenditure)		for the year
This is stated after charging	/	(crediting):		2021	2020
Operating lease rentals:
Property				13,200	12,200
Depreciation				4,090	4,469
Auditor's remuneration:
Audit fees				6,900	6,900
Accountancy services Foreign exchange (gains) / losses				1,200 4,212	1,200 ~423
Analysis of staff costs, trustee remuneration			and
expenses, and the cost of key management			personnel
Staff costs were as follows:				2021	2020
Salaries and wages				131,673	138,068
Social security costs				9,457	14,273
Employer's contribution to defined contribution pension schemes				2,140	2,146
Redundancy and terminations		costs		4760
				148,030	]54,487

2021	2020
No.	No.

during t	he year was as follows:
		2021	2020
		No.	No.
Raising	funds	2	2
Support		1	2

Group an	d Charity
			Office	Computer
		Software	Equipment	Equipment	Total
		E
Cost
At the start of the year Additions in year		28,411	3,905	21,505	53,821
Disposals	in year
At the end	of the year	28,411	3,905	21,505	53,821
Depreciation
At the start of the year Charge for the year Eliminated on disposal		10,800 1,705	2,834 193	17,390 2,192	31,024 4,090
At the end	of the year	12,505	3,027	19,582	35„114
Net book	value
At the end	ofthe year	15,906	878	1,923	18,707
At the start	of the year	17,611	1,071	4,115	22,797

Investment properties -Group and Charity
	2021	2020
Fair value at the start of the year Additions	850,000	974,633
Disposals
Revaluation during the year	100,000	(124,633)
Fair value at the end of the year	950,000	850,000

Investments - Group
	2021	2020
Investments at fair value:
Investment funds 8 bonds Listed investments - UK Listed investments —Non UK Cash	541,278 925,124 523,825 22,142	564,417 312,137 657,363 189,660
	2,012,369	1,723,577
Movements
Market value at the start of the year Additions at cost Disposals at carrying value Realised 8 unrealised gain/(loss) Market value at the end of the year	1,723,577 40,708 (52,294) 300,378 2,012,369	1,366,228 544,682 (15,180) ~172.153 1,723,577

					2021	2020
	Other debtors				1,100	2,029
	Prepayments	and accrued income			9,412	41,912
					10,512	43,941
	Debtors - Charity
					2021	2020
	Other debtors				1,100	2,029
	Prepayments	and accrued income			9,412	41,912
	Amounts due	from subsidiary		undertaking	25,000
					35,512	43,941
14	Creditors: amounts		falling	due within one year-
	Group and Charity
					2021	2020
	Trade creditors				9,343	11,086
	Accruals				8,100	8,309
	Taxation and	social	security		539	540
					17,982	19,935

				Investment
		01 April		Gains/		Group
		2020	Income	(Losses)	Expenditure	Transfers	31 March 2021
Children and
Youth Aliyah
Committee for Great Britain and		983,047	12,298	245,259	(11,270)		1,229,334
Eire
Youth Aliyah-
Child Rescue
Scholarship	and	761,221	28,425	55,119	(29,706)		815,059
Maintenance
Fund
		1,744,268	40,723	300,378	(40,976)		2,044,393

			General			Total
			unrestricted	Restricted	Endowments	funds
	Tangible fixed assets		18,707			18,707
	Investment	properties	950,000			950,000
	Investments				2,012,369	2,012,369
	Net current	assets	599,793	143,991	32,024	775,808
	Net assets of the year	at the end	1,568,500	143,991	2,044,393	3,756,884
18	Movements	in funds

Movements in fu	nds
			Incoming	Outgoing
		At the start	resources &	resources 8	Transfers	At the end of
		of the year	gains	losses	In (Out)	the year
Restricted funds:
Yemin Orde			165,372	165,372
Aloney Yitzchak		78,749	13,353	68,448		23,654
Talpiot			155,747	35,410		120,337
Tom			25,000	25,000
Sundry			2,500	2,500
The Village Way		21,860	120,492	142,352
Total restricted funds		100,609	482,464	439,082		143,991
Capital Endowments		1,744,268	341,101	40,976		2,044,393
General funds		1,790,883	439,927	662,310		1,568,500
Total unrestricted	funds	3,535,151	781,028	703,286		3,612,893
Total funds		3,635,760	1,263,492	1,142,368		3,756,884

	restricted for the purposes of providing educat	ional and support	&maintenance	grants.
19	Reconciliation of net income/(expenditure)	to net cash
	flow from operating activities		2021	2020
	Net income /(expenditure) for the reporting	period	121„124	(391,400)
	(as per the statement of financial activities)
	Donations in kind
	Depreciation		4,090	4,469
	Interest, rent and dividends from investments		(71,963)	(68,642)
	Gains/ (losses) on investments		(400,378)	296,786
	(Loss)/ profit on the sale of fixed assets
	(Increase)/ decrease in stock
	(Increase)/ decrease in debtors		33,429	(32,914)
	Increase/ (decrease) in creditors
	Net cash provided by /(used in) operating	activities

Analysis	of cash	and cash	equivalents	At 1		At 31
				April		March
				2020	Cash flows	2021
				P.
Cash at	bank and	in hand		1,015,380	(232,102)	783,278
Deposits	(less than	three months)
Overdraft	facility (repayable		on demand)
Total cash and cash equivalents				1,015,380

	Total future	Total future	minimum	operating	leases are as follows:	leases are as follows:
					2021	2020
	Less than 1 - 5years	1	year	13,200		12,100
	Over 5 years
				13,200		12,100
22	Contingent		assets or liabilities