| 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 |
| 2023 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | ||||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 322,000 | 322,000 | 250,700 | ||
| Investment income |
6 | 12,196 | 12,196 | 10,904 | ||
| Total income | 334,196 | 334,196 | 261,604 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management |
costs | 7 | (3,384) | (3,384) | (3,936) | |
| Expenditure on charitable |
activities | 8,9 | (326,780) | (326,780) | (227,330) | |
| Total expenditure | (330,164) | (330&164) | (231,266) | |||
| Net gains/(losses) on investments |
12 | 50,000 | 50,000 | (155,000) | ||
| Net income/(expenditure) | and net movement | in funds | 54,032 | 54,032 | (124,662) | |
| Reconciliation offunds | ||||||
| Total funds brought forward |
7,904,785 | 7,904,785 | 8,029,447 | |||
| Total funds carried forward | 7,958,817 | 7,95S,S17 | 7,904,785 |
| 31 | March 2023 | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Investments | 15 | 7,900,000 | 7,850,000 | ||||
| Current assets | |||||||
| Debtors | 16 | 1,217 | |||||
| Cash at bank | and in hand | 69,960 | 68,065 | ||||
| 71,177 | 68,065 | ||||||
| Creditors: amounts | falling due | ||||||
| within one year | 17 | (12,360) | (13,280) | ||||
| Net current | assets | 58,817 | 54,785 | ||||
| Total assets | less current liabilities | 7,958,817 | 7,904,785 | ||||
| Funds ofthe | charity | ||||||
| Unrestricted | funds | 7,958,$17 | 7,904,785 | ||||
| Total charity | funds | 18 | 7,958,$17 | 7,904,785 |
| 5. | Donations | and legacies | and legacies | and legacies | and legacies | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
| Funds | 2023 | Funds | 2022 | ||||||||
| f, | |||||||||||
| Donations | |||||||||||
| Donations | received | 322,000 | 322,000 | 250,700 | 250,700 | ||||||
| 6. | Investment | income | |||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
| Funds | 2023 | Funds | 2022 | ||||||||
| f. | |||||||||||
| Income from | investment | properties | 12,100 | 12,100 | 10,900 | 10,900 | |||||
| Interest receivable | 96 | 96 | 4 | 4 | |||||||
| 12,196 | 12,196 | 10,904 | 10,904 | ||||||||
| 7. | Investment | management | costs | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
| Funds | 2023 | Funds | 2022 | ||||||||
| Investment | property | outgoings | 3,384 | 3484 | 3,936 | 3,936 | |||||
| 8. | Expenditure | on charitable | activities | by fund type | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
| Funds | 2023 | Funds | 2022 | ||||||||
| Alleviation | ofpoverty, | advancement | |||||||||
| ofeducation | and religion | 320,300 | 320,300 | 220,860 | 220,860 | ||||||
| Support costs | 6,480 | 6,480 | 6,470 | 6,470 | |||||||
| 326,780 | 326,780 | 227,330 | 227,330 | ||||||||
| 9. | Expenditure | on charitable | activities | by activity type | |||||||
| Grant | |||||||||||
| funding of | Total funds | Total fund | |||||||||
| activities | Support costs | 2023 | 2022 | ||||||||
| Alleviation ofeducation |
ofpoverty, advancement and religion |
320,300 | 6,480 | 326,780 | 227,330 |
| Not Analysis ofsupport and |
es to the Financial Statem Year ended 31March governance costs |
ents /ronrinued) 2023 |
|
|---|---|---|---|
| 2023 | 2022 | ||
| Auditors remuneration |
6,180 | 6,180 | |
| Other governance costs |
300 | 290 | |
| 6,480 | 6,470 | ||
| Analysis ofgrants | |||
| 2023 | |||
| Grants to institutions | |||
| United Talmudical Associates |
52,480 | ||
| Friends ofMosdos Torah | Veyira | 50,000 | |
| Collel Chibath Yerushalayim | 31,000 | ||
| Kahal Chassidim Bobov |
28,000 | ||
| KMB Estates | 18,000 | ||
| Friends of Be'er Avrohom | Slonim | 9,000 | |
| Shir Chessed Beis Yisroel | 8,000 | ||
| Amud Hatzdokoh Trust |
6,750 | ||
| The Beth Hamedrash Satmar Trust |
6,400 | ||
| Chevras Mo'oz Ladol | 5,720 | ||
| The Rehabilitation Trust |
5,600 | ||
| Hachzokas Torah Vechesed Charity |
5400 | ||
| Other donations less than |
f5,000 | 94,050 | |
| Total grants | 320,300 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | ||||
| Gains/(losses) | on | investment | property | 20,000 | 20,000 | ||
| Gains/(losses) | on | investments | in group | ||||
| undertakings | 50,000 | 50,000 | (175,000) | (175,000) | |||
| 50,000 | 50,000 | (155,000) | (155,000) |
| Shares in | ||||
|---|---|---|---|---|
| Investment | grollp | |||
| properties | undertakings | Total | ||
| f. | ||||
| Fair value | ||||
| At I April | 2022 | 150,000 | 7,700,000 | 7,$50,000 |
| Additions | ||||
| Revaluations | 50,000 | 50,000 | ||
| At 31March 2023 | 150,000 | 7,750,000 | 7,900,000 | |
| Impairment | ||||
| At 1April | 2022 and 31March 2023 | |||
| Carrying | amount | |||
| At 31March 2023 | 150,000 | 7,750,000 | 7,900,000 | |
| At 31 March 2022 | 150,000 | 7,700,000 | 7,850,000 |
| Aggregate | capital a | nd reserves | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Classville | Limited | 7,639,980 | 7,612,072 | |||
| Classwell | Limited | 122,410 | 99,150 | |||
| Retained | profit for | the year | ||||
| 2023 | 2022 | |||||
| Classville | Limited | 27,908 | (179,432) | |||
| Classwell | Limited | 23460 | 13,721 | |||
| 16. | Debtors | |||||
| 2023 | 2022 | |||||
| Prepayments and accrued income |
1,217 | |||||
| 17. | Creditors: | amounts | falling due within | one year | ||
| 2023 | 2022 | |||||
| Other creditors | 12,360 | 13,280 |
| Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | Gains and | At 31March | |||||
| I | April 2022 | Income | Expenditure | losses | 2023 | ||
| General | funds | 7,904,785 | 334,196 | (330,164) | 50,000 | 7,958,817 | |
| At | Gains and | At 31 March | |||||
| I | April 2021 | Income | Expenditure | losses | 2022 | ||
| General | funds | 8,029,447 | 261,604 | (231,266) | (155,000) | 7,904,785 |
| Analysis | ofnet as | sets between funds | ||
|---|---|---|---|---|
| Unrestricted | Total Funds | |||
| Funds | 2023 | |||
| Investments | 7,900,000 | 7,900,000 | ||
| Current assets | 71,177 | 71,177 | ||
| Creditors | less than | I year | (12,360) | (12,360) |
| Net assets | 7,958,817 | 7,958,817 | ||
| 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 |