|||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|31|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||| ## |20|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|lease payments|under non-cancellable|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|||||| ##