| Page | ||
|---|---|---|
| Trustees' report |
1-2 | |
| Statement oftrustees' | responsibilities | |
| Independent auditor's |
report | 4-6 |
| Statement offinancial | activities | |
| Balance sheet | ||
| Statement ofcash flows | ||
| Notes to the financial | statements | 10-17 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Notes | 8 | 8 | 8 | 8 | 8 | 8 | ||
| Income from: | ||||||||
| Donations and |
legacies | 3 | 1,964,736 | 542,593 | 2,507,329 | 1,687,977 | 611,104 | 2,299,081 |
| Investments | 4 | 570 | 570 | 47 | 47 | |||
| Total income | 1,965,306 | 542,593 | 2,507,899 | 1,688,024 | 611,104 | 2,299,128 | ||
| ~E* de |
||||||||
| Raising funds | 5 | 16,440 | 16,440 | 3,058 | 3,058 | |||
| Charitable activities |
6 | 2,179,009 | 542,593 | 2,721,602 | 1,585,671 | 611,104 | 2,196,775 | |
| Total expenditure | 2,195,449 | 542,593 | 2,738,042 | 1,588,729 | 611,104 | 2,199,833 | ||
| Net (expenditure)/income | for | |||||||
| the yeari | ||||||||
| Net movement | in funds | (230,143) | (230,143) | 99,295 | 99,295 | |||
| Fund balances | at 1 | |||||||
| August 2021 | 222,479 | 222,479 | 123,184 | 123,184 | ||||
| Fund balances | at 31 | |||||||
| July 2022 | (7,664) | (7,664) | 222,479 | 222,479 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 8 | 8 | |||||
| Current assets | |||||||
| Cash at bank and | in | hand | 275,847 | 276,479 | |||
| Creditors: amounts | falling | due within | |||||
| one year | 12 | (4,000) | (4,000) | ||||
| Net current assets | 271,847 | 272,479 | |||||
| Creditors: amounts | falling | due after | |||||
| more than one year | 13 | (279,511) | (50,000) | ||||
| Net (gabigties)/assets | (7,664) | 222,479 | |||||
| Income funds | |||||||
| Unrestricted funds |
(7,664) | 222,479 | |||||
| (7,664) | 222,479 | ||||||
| The financial s tern |
nts | e approved | by the Trustees | on4. ......+..!~ g I age)gZ |
|||
| I isser | |||||||
| Trustee |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 8 | 5 | ||||||
| Cash flows from operating | activities | |||||||
| Cash (absorbed by)/generated |
from | 15 | ||||||
| operations | (230,713) | 99,248 | ||||||
| Investing activities |
||||||||
| Investment income received |
570 | 47 | ||||||
| Net cash generated from investing |
||||||||
| activities | 570 | 47 | ||||||
| Financing activities |
||||||||
| Repayment of borrowings |
255,000 | |||||||
| Increase in bank loans |
(25,489) | 50,000 | ||||||
| Net cash generated from |
financing | |||||||
| activities | 229,511 | 50,000 | ||||||
| Net (decrease)/increase | in | cash and | cash | |||||
| equivalents | (632) | 149,295 | ||||||
| Cash and cash equivalents | at | beginning | ofyear | 276,479 | 127,184 | |||
| Cash and cash equivalents | at end of | year | 275,847 | 276,479 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 2 |
2022 | 2022 8 |
2021 9 |
2021f | 2021 F |
|||
| Donations | and | gifts | 1,964,736 | 542,593 | 2,507,329 | 1,687,977 | 611,104 | 2,299,081 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| f | |||
| Interest | receivable | 570 | 47 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| 8 | F | |||
| Fundraisin | and | ublici | ||
| Other fundraising | costs | 16,440 | 3,058 | |
| 16,440 | 3,058 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 6 | f | |||||
| Other charitable | activities | 114,129 | 91,185 | |||
| Grant funding | of | activities (see note 7) | 2,596,380 | 2,095,509 | ||
| Share of | governance | costs (see note 8) | 11,093 | 10,081 | ||
| 2,721,602 | 2,196,775 | |||||
| Analysis | by | fund | ||||
| Unrestricted | funds | 2,179,009 | 1,585,671 | |||
| Restricted | funds | 542,593 | 611,104 | |||
| 2,721,602 | 2,196,775 |
| 2022 | ||||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| Grants to institutions: | ||||||
| Beth Jacob Grammar School |
150,475 | |||||
| Beth Mlidrash Lemoroth |
10,400 | |||||
| Ben Amron | 12,000 | |||||
| British Friends ofYeshivas | Kodshim | 21,000 | ||||
| Chasdie Aharon Limited |
18,500 | |||||
| Chasdie Sholom Trust | 10,000 | |||||
| College for Higher Rabbinical | Studies | 21,000 | ||||
| Cometville Limited |
310,040 | |||||
| Edupoor Limited | 100,003 | |||||
| Friends ofMercaz Hatorah | BM | 40,000 | ||||
| Give Youth a Break | 10,320 | |||||
| Kehillas Machzikei Hadass |
Edgware | Trust | 18,000 | |||
| Keren Chochmas Shloma |
Trust | 52,500 | ||||
| Kollel BeisAron | 23,630 | |||||
| MGS Charitable Trust |
20,300 | |||||
| North London Welfare And | Educational | Foundation | 135,000 | |||
| Pardes House Grammer | School | 1,106,416 | ||||
| Shir Chesed BeisYisroel | 20,000 | |||||
| Support The Chartty Worker | 20,000 | |||||
| Sinai Synagogue | 18,500 | |||||
| Wlodowa Charity And Rehabilitation Torah (5759 ) Limited |
Trust | 125,000 57,750 |
||||
| Tchabe Kollel | 31,000 | |||||
| ZLOTCHIV Other donations less than |
f10,000 | 100,500 164,046 |
||||
| 2,596,380 |
| Governance | 2022 | 2021 | |||
|---|---|---|---|---|---|
| costs | |||||
| E | E | ||||
| Audit fees | 4,000 | 4,000 | 4,000 | ||
| Legal and | professional | 3,675 | 3,675 | 3,000 | |
| Office and | administrative | expenses | 1,039 | 1,039 | 720 |
| Bank charges | 2,379 | 2,379 | 2,361 | ||
| 11,093 | 11,093 | 10,081 | |||
| Analysed | between | ||||
| Charitable | activities | 11,093 | 11,093 | 10,081 |
| Loans and overdrafts | ||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Bankloans | 24,511 | 50,000 |
| Otherloans | 255,000 | |
| 279,511 | 50,000 | |
| Payable atter one year | 279,511 | 50,000 |
| Creditor | s: a | mounts f |
alling due within one year | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Accruals | and | deferred | income | 4,000 | 4,000 |
| 13 | Creditors: amo | unts | fallin | g | due | after mo | re than one | year | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||||
| Notes | f | f | |||||||||
| Bank loans Other borrowings |
24,511 255,000 |
50,000 | |||||||||
| 279,511 | 50,000 | ||||||||||
| 14 | Analysis ofnet | assets between | funds | ||||||||
| Unrestricted funds |
Restricted funds |
Total | Unrestricted funds |
Restricted funds |
Total | ||||||
| Fund balances at 31 | 2022 f |
2022 f |
2022 2 |
2021 f |
2021 f |
2021 f |
|||||
| July 2022 are | |||||||||||
| represented by: |
|||||||||||
| Current assets/(liabilities) Long term liabilities |
27'(,847 (279,511) |
271,847 (279,511) |
272,479 (50,000) |
272,479 (50,000) |
|||||||
| (7,664) | (7,664) | 222,479 | 222,479 | ||||||||
| 15 | Cash generated | from | operations | 2022f | 2021 f |
||||||
| (Deficit)/surpus for the |
year | (230,143) | 99,295 | ||||||||
| Adjustments for: |
|||||||||||
| investment income recognised |
in | statement | offinancial | activities | (570) | (47) | |||||
| Cash (absorbed | by)/generated | from operations | (230,713) | 99,248 | |||||||
| 16 | Analysis ofchanges | in net debt | |||||||||
| At 1Aiisust 2021 f |
Cash/iowa Atst f |
July2022 f |
|||||||||
| Cash at bank and | in hand | 276,479 | (632) | 275,847 | |||||||
| Loans falling due after | more | than one year | (50,000) | (229,511) | (279,511) | ||||||
| 226,479 | (230,143) | (3,664) |