| Pages | |||||
|---|---|---|---|---|---|
| Trustees' | annual report |
(incorporating | the director's report) | 1to 4 | |
| Independent auditor's |
report to the members | 5to 8 | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | |||||
| Statement | offinancial | position | 10 | ||
| Notes to | the financial | statements | 11to 18 |
| 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | ||||||
| Income and endowments | ||||||
| Donations and legacies Investment income |
5 6 |
250,700 10,904 |
250,700 10,904 |
285,600 10,201 |
||
| Total income | 261,604 | 261,604 | 295,801 | |||
| Expenditure | ||||||
| Expenditure on raising funds: Investment management costs Expenditure on charitable activities |
7 $,9 |
(3,936) (227,330) |
(3,936) (227,330) |
(2,485) (305,618) |
||
| Total expenditure | (231,266) | (231466) | (308,103) | |||
| Net (losses)/gains on investments |
12 | (155,000) | (155,000) | 2,075,000 | ||
| Net (expenditure)/income | and net movement | in funds | (124,662) | (124,662) | 2,062,698 | |
| Reconciliation offunds | ||||||
| Total funds brought forward |
8,029,447 | 8,029,447 | 5,966,749 | |||
| Total funds carried forward | 7,904,785 | 7,904,785 | 8,029,447 |
| 31 | March 2022 | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Investments | 15 | 7,850,000 | 8,005,000 | ||||
| Current assets |
|||||||
| Debtors | 16 | 1,217 | |||||
| Cash at bank | and in hand | 68,065 | 35,230 | ||||
| 68,065 | 36,447 | ||||||
| Creditors: amounts | falling due | ||||||
| within one year | 17 | (13,280) | (12,000) | ||||
| Net current | assets | 54,785 | 24,447 | ||||
| Total assets | less current liabilities | 7,904,785 | 8,029,447 | ||||
| Funds ofthe Unrestricted |
charity funds |
7,904,785 | 8,029,447 | ||||
| Total charity | funds | 19 | 7,904,785 | 8,029,447 |
| 5. | Donations | and legacies | and legacies | and legacies | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| Donations | ||||||||||
| Donations | received | 250,700 | 250,700 | 285,600 | 285,600 | |||||
| 6. | Investment | income | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| Income from investment | properties | 10,900 | 10,900 | 10,200 | 10,200 | |||||
| Interest receivable | 4 | 4 | 1 | I | ||||||
| 10,904 | 10,904 | 10,201 | 10,201 | |||||||
| 7. | Investment | management | costs | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| Investment | property | outgoings | 3,936 | 3,936 | 2,485 | 2,485 | ||||
| 8. | Expenditure | on charitable | activities | by fund type | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||
| Funds | 2022 | Funds | 2021 | |||||||
| Alleviation ofeducation |
ofpoverty, advancement and religion |
220,860 | 220,860 | 300,170 | 300,170 | |||||
| Support costs | 6,470 | 6,470 | 5,448 | 5,448 | ||||||
| 227,330 | 227,330 | 305,618 | 305,618 | |||||||
| 9. | Expenditure | on charitable | activities | by activity type | ||||||
| Grant | ||||||||||
| funding of | Total funds | Total fund | ||||||||
| activities | Support costs | 2022 | 2021 | |||||||
| Alleviation ofeducation |
ofpoverty, advancement and religion |
220,860 | 6,470 | 227430 | 305,618 |
| Analysis ofsuppo | rt and gov | ernance costs |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Auditors remuneration |
5,160 | 6,840 | ||
| Other governance | costs | 288 | 353 | |
| 5,448 | 7,193 | |||
| Analysis ofgrants | ||||
| 2022 | ||||
| Grants to institutions | ||||
| United Talmudical | Associates | 43,150 | ||
| Friends ofMosdos | Torah Veyira | 25,000 | ||
| Yetev Lev London | Jerusalem | Trust | 18,500 | |
| Amud Hatzdokoh | Trust | 10,640 | ||
| Hachzokas Torah |
Vechesed Charity | 8,000 | ||
| Chevras Mo'oz Ladol | 6,710 | |||
| Meir Hatorah | 5,200 | |||
| Collel Chibath Yerushalayim, | Rabbi Meir Baal Hanes Trust | 5,000 | ||
| Other donations less than f10,000 |
98,660 | |||
| Total grants | 220,860 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||
| Gains/(losses) | on | investment | property | 20 000 | 20,000 | ||
| Gains/(losses) undertakings |
on | investments | in group | (175,000) | (175,000) | 2,075,000 | 2,075,000 |
| (155,000) | (155,000) | 2,075,000 | 2,075,000 |
| Investments Year ended 31 |
March 2022 | ||
|---|---|---|---|
| Shares in | |||
| Investment | group | ||
| properties | undertakings | Total | |
| Fair value | |||
| At 1 April 2021 | 130,000 | 7,875,000 | 8,005,000 |
| Additions | |||
| Revaluations | 20,000 | (175,000) | (155,000) |
| At 31March 2022 | 150,000 | 7,700,000 | 7,850,000 |
| Impairment | |||
| At 1April 2021 and 31March 2022 | |||
| Carrying amount At31March 2022 |
150,000 | 7,700,000 | 7,850,000 |
| At 31March 2021 | 130,000 | 7,875,000 | 8,005,000 |
| been prepared under t follows: |
been prepared under t follows: |
he exemp | he exemp | he exemp | tion con |
ferred by S |
ection 398 Co | mpanies Act |
2006 are as | |
|---|---|---|---|---|---|---|---|---|---|---|
| Aggregate capital and |
reserves | 2022 | 2021 | |||||||
| Classville Limited | 7,612,072 | 7,791,504 | ||||||||
| Classwell Limited |
99,150 | 85,429 | ||||||||
| Profit/Loss for the | year | |||||||||
| 2022 | 2021 | |||||||||
| Classville Limited | 53,568 | 2,197,167 | ||||||||
| Classwell Limited |
13,721 | 21,237 | ||||||||
| 16. | Debtors | |||||||||
| 2022 | 2021 | |||||||||
| Prepayments and accrued |
income | 1,217 | ||||||||
| 17. | Creditors: amounts | falling due | within one year | |||||||
| 2022 | 2021 | |||||||||
| Other creditors | 13480 | 12,000 | ||||||||
| 18. | Analysis ofcharitable | funds | ||||||||
| Unrestricted funds |
||||||||||
| At | Gains and | At 31March | ||||||||
| I | April | 2021 | Income | Expenditure | losses | 2022 | ||||
| General funds | 8,029,447 | 261,604 | (231,266) | (155,000) | 7,904,785 | |||||
| At | Gains and | At 31March | ||||||||
| I April | 2020 | Income | Expenditure | losses | 2021 | |||||
| 8 | ||||||||||
| General funds | 5,966,749 | 295,801 | (308,103) | 2,075,000 | 8,029,447 |
| Analysis ofnet ass | ets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2022 | ||
| Investments | 7,850,000 | 7,850,000 | |
| Current assets | 68,065 | 68,065 | |
| Creditors less than |
I year | (13,280) | (13,280) |
| Net assets | 7,904,785 | 7,904,785 | |
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| Investments | 8,005,000 | 8,005,000 | |
| Current assets | 36,447 | 36,447 | |
| Creditors less than |
I year | (12,000) | (12,000) |
| Net assets | 8,029,447 | 8,029,447 |