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||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Trustees'<br>Report|||2-7|
|Independent<br>Auditors'|Report|on the Financial Statements|8-11|
|Statement ofFinancial|Activities||12|
|Balance Sheet||||
|Notes to the Financial|Statements||14-32|





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|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE<br>DETAILS OF|ADMINISTRATIVE<br>DETAILS OF|ADMINISTRATIVE<br>DETAILS OF|THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|---|
|||FOR THE PERIOD||ENDED 31 MARCH 2022||
|Trustees||Ivan Sugarman,<br>Chair||||
|||Michael Bluestone||||
|||Stewart Gass (resigned|1 April 2022)|||
|||Jeffrey Jay (resigned<br>25||February 2021)||
|||Jonathan<br>Kober (resigned||1 April 2022)||
|||Stephen Pack (appointed||25 February 2021)||
|||Ronald Shelley MBE (resigned|||1 April 2022)|
|||David Sherman<br>(resigned||12January 2022)||
|||Leonard Stern (resigned||1 April 2022)||
|||Sheila Taylor (resigned|1|April 2022}||
|||Anthony<br>Yadgaroff (resigned|||1 April 2022}|
|||Dan Fox (appointed<br>12January 2022)||||
|Charity registered||||||
|number||1082148||||
|Principal office||Shield House,||||
|||Harmony<br>Way||||
|||London||||
|||NW4 2BZ||||
|Independent|auditors|Nyman<br>Libson Paul LLP||||
|||Chartered<br>Accountants||||
|||124 Finchley Road||||
|||London||||
|||NW3 5JS||||
|Bankers||Bank ofScotland||||
|||600 Gorgie Road||||
|||Edinburgh||||
|||EH11 3XP||||
|||Barclays Bank||||
|||PO Box299||||
|||Birmingham||||
|||81 3PF||||
|Solicitors||Womble Bond Dickinson||||
|||4 More London Riverside||||
|||London||||
|||SE1 2AU||||





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||||Endowment|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|funds|
||||2022|2022|2022|2022|2020|
|||Note|||E|F||
|Income and||||||||
|endowments|from:|||||||
|Donations<br>and|legacies|||6,356|223,166|229,522|125,370|
|Charitable<br>activities|||||11,616|11,616|2,360|
|lnvestll1ents|||||41,547|41,547|38,494|
|Total income|and|||||||
|endowments||||6,356|276,329|282,685|166,224|
|Expenditure<br>on:||||||||
|Raising funds|||||2,199|2,199|1,121|
|Charitable<br>activities|||||359,883|411,462|311,146|
|Total expenditure||||51,579|362,082|413,661|312,267|
|Net expenditure||||||||
|before net||||||||
|gains/(losses)|on|||||||
|investments||||(45,223)|(85,753)|{130,976)|(146,043)|
|Net gains/(losses)<br>on||||||||
|investments|||||84,611|84,611|(80,773)|
|Net expenditure||||(45,223)|(1,142)|(46,365)|(226,816)|
|Transfers<br>between||||||||
|funds|||(521)|37,712|{37,191)|||
|Net movement|in|||||||
|funds|||(521)|(7,51'i)|(38,333)|(46,365)|(226,816)|
|Reconciliation|of|||||||
|funds:||||||||
|Total funds brought||||||||
|forward|||521|7,511|1,702,055|1,710,087|1,936,903|
|Net movement|in funds||(521)|(7,511)|(38,333)|(46,365)|(226,816)|
|Total funds carried||||||||
|forward|||||1,663,?22|1,663,722|1,710,087|





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||||||||31|
|---|---|---|---|---|---|---|---|
||||||31 March||December|
||||||2022||2020|
||||Note||R|||
|Fixed assets||||||||
|Tangible assets|||11||2,704||3,846|
|Investments|||12||1,303,003||1,153,340|
||||||1,305,707||1,157,186|
|Current assets||||||||
|Debtors|||13|8,032||11,532||
|Cash at bank|and in|hand||390,574||583,475||
|||||398,606||595,007||
|Creditors: amounts||falling due within one||||||
|year|||14|(40,591)||(42,106)||
|Net current|assets||||358,015||552,901|
|Total net assets|||||1,663,722||1,710,087|
|Charity funds||||||||
|Endowment|funds||15||||521|
|Restricted<br>funds|||15||||7,511|
|Unrestricted|funds||15||1,663,722||1,702,055|
|Total funds|||||1,663,722||1,710,087|





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||Restricted|Unrestricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
|||E||
|Donations|6,356|204,959|211,315|
|Legacies||12,919|12,919|
|Branch affiliation fees||5,288|5,288|
||6,356|223,166|229,522|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2020|2020|2020|
||E||E|
|Donations|4,919|30,817|35,736|
|Legacies||86,468|86,468|
|Branch affiliation fees||3,166|3,166|
||4,919|120,451|125,370|



## 

|Income|from|charitable|activities|||
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2022f|2022|
|Income|from|charitable|activities - Remembrance|7,578|7,578|
|Income|from|charitable|activities - Other|85|85|
|Income|from|charitable|activities - Membership|3,953|3,953|
|||||11,616|11,616|





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||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2020|2020|
||||||E|F|
|Income from||charitable|activities|- Remembrance|200|200|
|Income from||charitable|activities|- Other|113|113|
|Income from||charitable|activities|- Membership|2,047|2,047|
||||||2,360||
|investment||income|||||
||||||Unrestricted|Total|
||||||funds|funds|
||||||2022|2022|
|Investment|income||||41,547|41,547|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2020|2020|
|||||||E|
|Investment|income||||38,494|38,494|



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|||Restricted|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2022|
|||F|F||
|Remembrance|||269,192|269,192|
|Welfare||51,579|60,794|112,373|
|Jewish|Military Museum||20,031|20,031|
|Record|of Honour||9,866|9,866|
|||51,579|359,8S3|411,462|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|||E|E|E|
|Remembrance|||178,845|178,845|
|Welfare||68,650|39,340|107,990|
|Jewish|Military Museum||17,443|17,443|
|Record|of Honour||6,868|6,868|
|||68,650|242,496|311,146|



## 

|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Totai|
|||directly|costs|funds|
|||2022|2022|2022|
|||F|||
|Remembrance||47,909|221,283|269,192|
|Welfare||51,732|60,641|112,373|
|Jewish|Military Museum|12,794|7,237|20,031|
|Record|of Honour|152|9,714|9,866|
|||112,587|298,875|411,462|





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|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2020|2020|2020|
|||'E|E|E|
|Remembrance||38,581|140,264|178,845|
|Welfare||69,399|38,591|107,990|
|Jewish|Military Museum|12,589|4,854|17,443|
|Record|of Honour|749|6,119|6,868|
|||121,318|189,828|311,146|



|||||Jewish|||
|---|---|---|---|---|---|---|
|||Remembran||Military|Record of|Total|
|||ce|Welfare|Museum|Honour|funds|
|||2022|2022|2022|2022|2022|
|||E|E|E|F|F|
|Donations<br>to JMM Ltd|re:||||||
|Jewish Museum||||12,794||12,794|
|Annual<br>remembrance|parade|37,530||||37,530|
|Welfare grants and expenses|||51,579|||51,579|
|Other commemorations||7,631||||7,631|
|Travel and subsistence||134|8||7|149|
|NEClBranch expenses||2,614|145||145|2,904|
|||47,909|51,732|12,794|152|112,587|





## 

|Analysis ofdirect|co|sts (contin|ued)|||||
|---|---|---|---|---|---|---|---|
||||||Jewish|||
||||Remembran||Military|Record of|Total|
||||ce|Welfare|Museum|Honour|funds|
||||2020|2020|2020|2020|2020|
||||E|F|F|E||
|Donations to JMM|Ltd|re:||||||
|Jewish Museum|||||12,589||12,589|
|Annual<br>remembrance||parade|15,242||||15,242|
|Welfare grants and expenses||||68,650|||68,650|
|Other commemorations|||7,899||||7,899|
|Donation - Friends|ofJewish|||||||
|Servicemen|||1,939||||1,939|
|Travei and subsistence|||11,259|625||625|12,509|
|NECIBranch expenses|||2,242|124||124|2,490|
||||38,581|69,399|12,589|749|121,318|
|Analysis<br>ofsupport costs||||||||
||||||Jewish|||
||||Remembers||Military|Record of|Total|
||||nce|Welfare|Museum|Honour|funds|
||||2022|2022|2022|2022|2022|
|Staff costs|||102,247|27,266|6,817||136,330|
|Depreciation|||856|228||58|1,142|
|Premises Costs|||27,331|7,288||1,822|36,441|
|General<br>office costs|||34,665|10,399||4,458|49,522|
|Communications|8 publications||14,293|4,398||1,100|19,791|
|Legal and professional||fees|33,436|8,916||2,226|44,578|
|Consultancy<br>fees|||1,243|415|||1,658|
|Audit fees|||6,300|1,680|420||8,400|
|Bank charges|||912|51||50|1,013|
||||221,283|60,641|7,237|9,714|298,875|





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||||||||||Jewish|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Remembera||||Military|Record of|Total|
||||||||nce|Welfare|Museum|Honour|funds|
||||||||2020|2020|2020|2020|2020|
||||||||F|E||F|F|
|Staff costs|||||||66,496|17,732|4,434||88,662|
|Depreciation|||||||2,780|741||186|3,707|
|Premises Costs|||||||14,003|3,734||934|18,671|
|General<br>office costs|||||||25,889|7,768||3,328|36,985|
|Communications||8 publications|||||7,290|2,243||562|10,095|
|Legal and professional|||fees||||16,519|4,405||1,101|22,025|
|Consultancy|fees||||||840|280|||1,120|
|Audit fees|||||||6,300|1,680|420||8,400|
|Bank charges|||||||147|8|||163|
|||||||140,264||38,591|4,854|6,119|189,828|
|Auditors'<br>remuneration||||||||||||
||||||||||||2020|
||||||||||||E|
|Fees payable|to the Charity's|||auditor||in|respect of:|||||
|The auditing|ofaccounts of|||the|Charity|||||8,400|8,400|



## 



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||2022|2020|
|---|---|---|
|||E|
|Wages and salaries|124,252|80,0?1|
|Social security costs|9,725|5,996|
|Pension costs|2,263|2,595|
||136,240|88,662|



|2022|2020|
|---|---|
|No.|No.|



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||Office|Computer||
|---|---|---|---|
||equipment|equipment|Total|
||F|E|E|
|Cost or valuation||||
|At 1 January 2021|23,063|17,802|40,865|
|At 31 March 2022|23,063|17,802|40,865|
|Depreciation||||
|At 1 January 2021|19,218|17,801|37,019|
|Charge for the period|1,142||1,142|
|At 31 March 2022|20,360|17,801|38,161|
|Net book value||||
|At 31 March 2022|2,703||2,704|
|At 31 December 2020|3,845||3,846|





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||||Listed|
|---|---|---|---|
||||investments|
||||f|
|Cost or valuation||||
|At 1 January|2021||1.153,340|
|Additions|||300,625|
|Disposais|||(248,783)|
|Revaluations|||97,821|
|At 31 March|2022||1,303,003|
|Net book value||||
|At 31 March|2022||1,303,003|
|At 31 December 2020|||1,153,340|
|Debtors||||
||||31|
|||31 March|December|
|||2022|2020|
||||E|
|Due within|one year|||
|Prepayments|and accrued income|8,032|11,532|
|||8,032|11,532|



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||||31|
|---|---|---|---|
|||31 March|December|
|||2022|2020|
||||F|
|Loans from AJEX Branches||11,816|11,816|
|Other taxation and social security||2,141|2,595|
|Other creditors||6,568|6,501|
|Accruais and deferred|income|20,066|21,194|
|||40,591|42,106|





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|||Balance at 1|||||Balance at|
|---|---|---|---|---|---|---|---|
|||January|||Transfers|Gains/|31 March|
|||2021|Income|Expenditure|in/out|(Losses)|2022|
|||E|E|F|F|F|F|
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|Remembrance||||||||
|reserves||207,409|||||207,409|
|General funds||||||||
|General Funds-||||||||
|all funds||1,494,646|276,329|(362,082)|(37,191)|84,611|1,456,313|
|Total||||||||
|Unrestricted||||||||
|funds||1,702,055|276,329|(362,082)|(37,191)|84,611|1,663,722|
|Endowment||||||||
|funds||||||||
|Endowment||||||||
|Funds - all funds||521|||(521)|||
|Restricted||||||||
|funds||||||||
|AJEX Housing||||||||
|association|fund|7,511||(8,611)|1,100|||
|Welfare<br>fund|||6,356|(42,968)|36,612|||
|||7,511|6,356|(51,579)|37,712|||
|Total offunds||1,710,087|282,685|(413,661)||84,611|1,663,722|





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|Statement|offund|s - prior period||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||||31|
|||1 January|||Transfers|Gains/|December|
|||2020|Income|Expenditure|in/oui|(Losses)|2020|
|||||E|E|E||
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|Remembrance||||||||
|reserves||207,409|||||207,409|
|General funds||||||||
|Generai Funds-||||||||
|all funds||1,696,882|161,305|(243,617)|(39,151)|(80,773)|1,494,646|
|Total||||||||
|Unrestricted||||||||
|funds||1,904,291|161,305|(243,617)|(39,151)|(80,773)|1,702,055|
|Endowment||||||||
|funds||||||||
|Endowment||||||||
|Funds - all funds||521|||||521|
|Restricted||||||||
|funds||||||||
|AJEX Housing||||||||
|association|fund|32,091||(24,580)|||7,511|
|0/elfare<br>fund|||4,919|(44,070)|39,151|||
|||32,091|4,919|(68,650)|39,151||7,511|
|Total offunds||",936,903|166,224|(312,267)||(80,?73)|1,710,087|





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|Analysis|of net assets between<br>funds «current<br>per|iod||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||31 March|31 March|
|||2022|2022|
|||F||
|Tangible|fixed assets|2,704|2,?04|
|Fixed asset investments||1,303,003|1,303,003|
|Current|assets|398,606|398,606|
|Creditors|due within one year|(40,591)|(40,591)|
|||1,663,722|1,663,722|





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|Analysis ofnet assets between<br>funds|- prior period||||
|---|---|---|---|---|
||Endowment|Restricted|Unrestricted|Total|
||funds|funds|funds|funds|
||31|31|31|31|
||December|December|December|December|
||2020|2020|2020|2020|
||E||E||
|Tangible fixed assets|||3,846|3,846|
|Fixed asset investments|||1,153,340|1,153,340|
|Current assets|521|7,511|586,975|595,007|
|Creditors due within one year|||(42,106)|(42,106)|
|Total|521|7,511|1,702,055|1,710,087|



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|||||31|
|---|---|---|---|---|
||||31 March|December|
||||2022|2020|
||||E||
|Not later than||1 year|6,200|6,200|
|Later than|1|year and not later than 5years|1?,050|24,800|
||||23,250|31,000|



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