| PAGE | |||
|---|---|---|---|
| Trustees' | annual report | ||
| Independent examiner's |
report to the trustees | ||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to | the financial statements |
| 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | 5 | |||||
| Income and endowments | ||||||
| Donations and legacies |
4 | 314,461 | 314,461 | 118,986 | ||
| Investment income |
5 | 71,509 | 71,509 | 63,094 | ||
| Total income | 385,970 | 385,970 | 182,080 | |||
| Expenditure | ||||||
| Expenditure on charitable |
activities | 6,7 | 254,280 | 254,280 | 143,272 | |
| Total expenditure | 254,280 | 254,280 | 143,272 | |||
| Net (losses)/gains on investments |
9 | 12,638 | 12,638 | (4,509) | ||
| Net income and net movement | in funds | 119,052 | 119,052 | 43,317 | ||
| Reconciliation offunds | ||||||
| Total funds brought forward | 1,145,183 | 1,145,183 | 1,101,866 | |||
| Total funds carried forward | 1,264,235 | 1,264,235 | 1,145,183 |
| STATEMENT OF FINA 31MARCH |
NCIAL 2022 |
POSITION | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | ||||
| FIXEDASSETS | ||||
| Investments | 928,618 | 666,417 | ||
| CURRENT ASSETS | ||||
| Debtors | 12 | 106,000 | 3,000 | |
| Cash at bank and in hand | 229,617 | 475,766 | ||
| 335,617 | 478,766 | |||
| NET CURRENT ASSETS | 335,617 | 478,766 | ||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 1,264,235 | 1,145,183 | ||
| FUNDS OF THE CHARITY | ||||
| Unrestricted funds |
1,264,235 | 1,145,183 | ||
| Total charity funds | 1,264,235 | 1,145,183 |
| 4. | DONATIONS AND LE |
GACIES | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| s | ||||||
| DONATIONS | ||||||
| Donations | 314,461 | 314,461 | 118,986 | 118,986 | ||
| 5. | INVESTMENT INCOME | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| Income &om investment | properties | 68,299 | 68,299 | 61,620 | 61,620 | |
| Bank interest receivable | 210 | 210 | 1,474 | 1,474 | ||
| Other interest receivable | 3,000 | 3,000 | ||||
| 71,509 | 71,509 | 63,094 | 63,094 | |||
| 6. | EXPENDITURE ON CHARITABLE | ACTIVITIES | BYFUND TYPE |
| EXPE | ND | ITURE ON CHAR | ITABLE ACTIVITIE | S BYFUND T | YPE | |
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| g | ||||||
| Grants | to | institufions | 254,280 | 254,280 | 143,272 | 143,272 |
| EXPE | ND | ITURE ON CHARITAB | LE ACTIVITIES BY | ACTIVI | TY TYPE | |
|---|---|---|---|---|---|---|
| Grant | funding | Total funds | Total fund | |||
| of | activities | 2022 | 2021 | |||
| g | ||||||
| Grants | to | institutions | 254,280 | 254,280 | 143,272 |
| education and the furth |
era | nce ofthe Je | wish religion. | |
|---|---|---|---|---|
| 2022 | ||||
| MGS Charitable Trust |
21,520 | |||
| Amud Hatzdokoh Trust |
21,415 | |||
| Yishaya Adler Memorial | Fund | 21,000 | ||
| Kollel Shomrei Hachomos | 20,000 | |||
| TSTrust | 12,000 | |||
| Torah Temimah Primary |
School | 10,060 | ||
| BCRGJAG | 10,000 | |||
| Shaykel Esuh | 10,000 | |||
| North London Welfare | and Educational | Foundation | 8,000 | |
| Gateshead Talrnudical |
College | 7,500 | ||
| Further Grants | 112,785 | |||
| Total Grants Payable | 254,280 |
| ANALYSIS OF GRANTS | ||
|---|---|---|
| 2022 | 2021 | |
| GRANTS TO INSTITUTIONS | ||
| Grants to institutions | 254,280 | 143,272 |
| Total grants | 254,280 | 143,272 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||
| L | |||||||
| Gains/(losses) | on | investment | property | (12,638) | (12,638) | 4,509 | 4,509 |
| YEAR ENDED 31MARCH 2 INVESTMENTS |
022 |
|---|---|
| Investment | |
| properties | |
| Cost or valuation | |
| At 1 April 2021 | 666)417 |
| Additions | 393,995 |
| Disposals | (112,638) |
| Fair value movements | 47,635 |
| Other movements | (66,791) |
| At 31March 2022 | 928,618 |
| Impairment | |
| At 1April 2021 and 31March 2022 | |
| Carrying amount At 31March 2022 |
928,618 |
| At 31March 2021 | 666,417 |
| 2022 | 2021 | ||
|---|---|---|---|
| Other | debtors | 106,000 | 3,000 |
| Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | Gains and 4,t31March | ||||||
| 1 | April 2021 | Income | Expenditure | losses | 2022 | ||
| f. | |||||||
| General | funds | 1,145,183 | 385,970 | (254,280) | (12,638) | 1,264,235 | |
| At | Gains and At 31March | ||||||
| 1 | April 2020 | Income | Expenditure | losses | 2021 | ||
| General | funds | 1,101,866 | 182,080 | (143,272) | 4,509 | 1,145,183 |
| ANALYSIS OFNET ASSETSBETWE | EN FUNDS | |
|---|---|---|
| Unrestricted | Total Funds | |
| Funds | 2022 | |
| f, | t: | |
| Investments | 928,618 | 928,618 |
| Current assets | 335,617 | 335,617 |
| Net assets | 1,264,235 | 1,264,235 |
| Unrestricted | Total Funds | |
| Funds | 2021 | |
| E | ||
| Investments | 666,417 | 666,417 |
| Current assets | 478,766 | 478,766 |
| Net assets | 1,145,183 | 1,145,183 |