##
|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|
##
##
##
##