2023-06-30-accounts

Contents						Page
Legal and administrative			information
Report ofthe	trustees		for the year ended 30		June 2023
Independent	auditor's		report to the members		of Limmud
Statement of	financial		activities for the	year	ended 30June 2023
(incorporating	income		and expenditure	account)
Balance Sheet as at 30			June 2023
Cash flow statement		for the year ended		30June 2023		10
Notes to the	Financial		Statements

Trustees:			Carolyn Bogush (chair)
			Andrew Cohen (appointed	23 April 2023)
			Natalie Grazin
			Alan Silman
			Wendy Skolnick
			Natan Tiefenbrun
			Benjamin Crowne (resigned	30June 2023)
Company	Secretary:		Adam Rossano
Registered		Office:	Shield House
			Harmony Way
			London
			NW4 2BZ
Bankers:			CAF Bank Limited
			25 Kings Hill Avenue
			Kings Hill
			West Mailing
			Kent
			ME194JQ
			NatWest Bank Plc
			125Great Portland Street
			London
			W1A 1GA
Independent		Examiner:	Claire Wills DCha FCA
			Saffery LLP
			71Queen Victoria Street
			London
			EC4V 4BE
Company	Number:		03903050
Charity Number:			1083414

			Unrestricted	Restricted	2023	2022
			funds	funds	Total	Total
Income from
Donations		4	410,492		410,492	239,209
Other trading activities		5	3,385		3,385	476
Charitable activities:
Events			511,174		511,174	85,750
Total incoming resources			925,052		925,052	325,435
Expenditure on:
Raising funds			618		618	1,331
Charitable Activities
Events			838,490		838,490	225,700
International			29,931		29,931	76,978
Volunteer support			51,943		51,943	41,274
Total resources expended			920,982		920,982	345,283
Net incoming/(outgoing)
resources before transfers			4,070		4,070	(19,848)
Transfers between funds			(4,521)	4,521
Net movement in funds	in year		(451)	4,521	4,070	(19,848)
Reconciliation offunds
Total funds brought forward at 1July 2022			265,275	(4,521)	260,754	280,602
Total funds carried forward at 30June 2023			264,824		264,824	260,754

			30June	30June
			2023	2022
		Note	f	f
Fixed assets		13	4,859	4,468
Current assets
Debtors		14	6,656	3,222
Cash at bank	and in hand		267,558	268,940
			274,214	272,162
Creditors
Amounts falling due within one year		15	(14,248)	(15,876)
Net current assets			259,966	256,286
Net assets			264,824	260,754
The funds ofthe charity
Restricted income funds				(4,521)
Unrestricted	income funds		264,824	265,275
Total charity	funds		264,824	260,754

				2023	2022
				f	f
Cash flows from operating	activities:
Net movement in funds				4,070	(19,849)
Interest and miscellaneous		income		(3,385)	(476)
Depreciation				3,284	3,535
(Increase)/Decrease in debtors				(3,434)	(396)
(Decrease) in creditors				(1,628)	(4,652)
Net cash (used in)/generated		from operating	activities	(1,093)	(21,838)
Cash flows from investing	activities:
Fixed asset additions and	disposals			(3,674)	(3,208)
Interest and miscellaneous		income		3,385	476
Net cash (used in)/generated		from investing	activities	(289)	(2,732)
Change in cash in the year				(1,382)	(24,570)
Cash at the beginning ofthe		year		268,940	293,510
Cash at the end ofthe year				267,558	268,940

. Voluntary income
	Unrestricted	Restricted	2023	Unrestricted	Restricted	2022
	funds	funds	Total	funds	funds	Total
Limmud charity ff327111(see note 20)	8,578		I	9,210		9,210
Gift aid on donations	19,890		19,890
Donations from
individuals, charities	382,024		382,024	183,774	46,225	229,999
and foundations
	410,492		410,492	192,984	46,225	239,209

. A	ctivities	fo	r g	enerating	funds	(all unrestricted)
							2023	2022
							Total	Total
Merchandising			income				630	162
Miscellaneous			income				863	219
Bank	interest						1,892	95
							3,385	476
.	Costs	of	generating		funds
							2023	2022
							Total	Total
Cost	of producing			merchandisable		stock	34	435
Fundraising		activities					584	669
							618	1,311

		Direct	Support	2023	2022
		Costs	costs	Total	Total
Events		645,579	192,911	838,490	225,700
International		17,070	12,861	29,931	76,978
Volunteer	support	500	51,443	51,943	41,274
		663,149	257,215	920,364	343,952

Allocation ofsupport costs
	Events	International	Volunteer Support	2023 Total	2022 Total
Office 5Admin	30,373	2,025	8,100	40,498	37,838
Salaries	120,435	8,029	32,116	160,580	106,023
Professional	11,458	764	3,055	15,277	14,217
Depreciation	2,703	180	721	3,604	3,679
Insurance	7,018	468	1,871	9,357	8,687
IT	15,802	1,054	4,214	21,070	21,999
Governance
Bank charges	5,122	341	1,366	6,829	2,531
	192,911	12,861	51,443	257,215	194,974

Net (outgoing)/incoming resources
This is stated after charging:	2023 Total	2022 Total
Depreciation on fixed assets	3,284	3,535
Write-off offixed assets (charged as depreciation)	320	143
Independent Examiner/ Auditor remuneration	5,000	6,600
Operating lease payment	13,075	11,985

Staff costs during the year amounted	Staff costs during the year amounted	to:	2023	2022
Salaries and wages			147,494	145,665
Socia I security costs			10,136	5,931
Pension costs			2,950	2,498
			160,580	154,094
Number ofemployees	during the year:
Charitable activities
Governance

13.Fixed Assets
								Computer
Cost								and	Office	Intangibles	Total
								equipment
At 30June 2022									10,242	4,381	14,623
Additions									3,996		3,996
Disposals									(465)		(465)
At 30June 2023									13,773	4,381	18,154
Depreciation:
At 30June 2022									6,395	3,760	10,156
Charge for the year									2,983	621	3,604
Disposals									(465)		(465)
At 30June 2023									8,914	4,381	13,295
Net book value:
At 30June 2023									4,859	0	4,859
At 30June 2022									3,847	621	4,468
14.Debtors
										2023	2022
Other debtors										4,001	3,221
Prepayments and accrued income										2,655	1
										6,656	3,222
15.Creditors: Amounts		falling due within			one year
										2023	2022
Trade creditors										4,682	5,338
Accruals										7,444	8,327
Taxes and social	secuity										1,703
Other Creditors										2,122	508
										14,248	15,876
16.Commitments	under		operating	leases
At 30 June 2022, the			Company	had	future	minimum	lease	payments	under	non-cancellable
operating leases	as follows:
										2023	2022
Land &Buildings
Not later than 1	year									13,075	13,075
Later than 1year and		not later than 5years
										13,075	13,075

Notes to th	e accounts f	or the year ended 30 J	une 2023
17. Funds
		Balance				Balance at
		at 1July	Incoming	Outgoing	Fund	30June
		2022				2023
Unrestricted	Funds
General fund		265,275	925,052	(920,982)	(4,521)	264,824
Restricted Funds
International	support	(4,521)			4,521
		260,754	925,052	(920,982)		264,824
		Balance				Balance at
		at 1July 2021	Incoming	Outgoing	Fund ra	30June 2022
Unrestricted	Funds
General fund		273,868	279,219	(287,802)		265,275
Restricted Funds
International	support	6,734	46,255	(57,480)		(4,521)
			925,052	(920,982)		260,754
Name offund		Purpose offund
International	support	To support the furtherance ofthe Internationally.		objectives ofthe charity		in Europe and