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2020-10-31-accounts

				Page
Trustees'	report			1-7
Statement	ofTrustees'	responsrbrhtres
Independent audnor's		report		9-10
Statement	ofananmal	actrvrhes
Summary	income and	expenditure	account	12
Balance sheet				13-14
Notes to	the linancial	statements		15-27

				Unrestricted	Endowment	Total	Unrestncted	Endowment	Total
				funds	funds		funds	funds
				2020	2020	2020	2019	2019	2019
			Notes	E	E	E	E	F.	E
Income from:
Donations and legacies			3	20298		20,298	17,462		17,462
Investments			4	29224	55,578	84,802	34,274	65,566	99,840
Total income and		endowments
				49,522	55,578	105,100	51,736	65,566	117,302
Raising funds				734	14,197	14,931	1,190	15,066	16,256
Chantable achvities			6	512,084		512,084	515,296		515,296
Totalresources
expended				512,818	14,197	527,015	516,486	15,066	531,552
Net gains/(losses)		on
investments					341,528	341,528	298,279	451,282	749,561
Net movement	ln	funds		(463,296)	382,909	(80,387)	(166,471)	501,782	335,31I
Fund balances at 1
November 2019				4,510228	3,279,960	7,790,188	4,676,699	2,778,178	7,454,877
Fund balances	at	31
October 2020				4,046,932	3,662,869	7,709,801	4,510,228	3,279,960	7,790,188

					All income funds	Aa income
						funds
					2020	2019
					8	6
Gross income					49,522	51,736
(Losses)/gains		on Investments				298,279
Total income	in	the reporting		period	49,522	350,015
Total expenditure			from income funds		512,818	516,486
i(et expenditure			for the year		(463,296)	(166,471)

						2020		2019
					Notes	6		6
Fixed assets
Tangible assets							1,168		413
Investment	properties				13		470,000		470,000
Investments					14		4,151,278		4,399,666
							4,622,446		4,870,079
Current assets
Debtors					16			1,000
Cash at bank and		in	hand			3,106,772		2,944,369
						3,106,772		2,945,369
Creditors:	amounts		falling	due within one
year					17	I19,417)		f25,260)
Net current	assets						3,087,355		2,920,109
Total assets less		current		liabilities			7,709,801		7,790,188
Capital funds
Endowment	funds	-general			18		3,662,869		3,279,960
Income funds
Unrestricted	funds
Designated	funds				19	3,309,953		3,801,840
General unrestncted			funds			736,979		708,388
							4,046,932		4,510,228
							7,709,801		7,790,188

			Unrestricted	Unreslrii. led
			funds
			2020	2019
			8	6
Donations	and	gifts	20,298	17,462

	Unrestricted	Endowment	Total	Unrestncted	Endowment	Total
	funds	funds		funds	funds
		general			general
	2020	2020	2020	2019	2019	2019
	6	f.	6	8		f.
Income from hated
investments		55,578	55,578		65,566	65,566
Ri.ntal incomi.	19,026		19,026	18,651		18,651
Interest receivable	10,198		10,198	15,623		15,623
	29,224	55,578	84,802	34,274	65,566	99,840

Unrestricted	Endowment	Total	Unrestncted	Endowment	Tata I
funds	funds		funds	funds
	general			general
	2020	2020	2019	2019	2019
		6	5	5	6
734	14,197	14,931	1,190	15,066	16,256
734	14,197	14,931	1,190	15,066	16,256

						Religious	Educational Maintenance	Educational Maintenance		Total	Tote I
						ahd	ailci			2020	2019
						cemetery	conserving
						running	assets
						expenses
Staff costs						7,078	34,750			41,828	42,289
Building costs						40,415				40,415	24,653
Semicha	course provision						51,459			51,459	71,955
Expenses		incurred		in	support ofSemicha
coulses							5,183			5,183	17,032
Conservation			programme					1,050		1,050	4,742
Manuscnpts								2,	190	2,190	2,874
Testimonial		proiects						4,485		4,485	1,681
						47,493	91,392	7,725		146,610	165,226
Grant funding			ofactivities (see note 71
							268,619			268,619	252,192
Share of	support costs (see note 8)					10,392	78,773	1,690		90,855	85,878
Share of	governance				costs (see note 8)
						686	5,202		112	6,000	12,000
						58,571	443,986	9,527		512,084	515,296
Analysis	by		fund
Unrestncted			funds			58,571	443,986	9,527		512,084
						58,571	443,986	9,527		512,084
For the year			ended		31 October 2019
Unrestncted			funds			38,178	465,648	11,470			515,296
						38,178	465,648	11,470			515,296

		Educational Educational	Educational Educational
		2020	2019
		8	5
Grants to insbtubons.
Manchester Kogel		18,750	18,750
Dayanut Course		18,600	12,600
London School ofJewish	Studies	50,000	50,000
Unwersity Scholarships		5,970	8,523
Eretz Hatzvi		26,001	6,000
Midreshet Harova		31,500	52,000
Secular Yeshiva		7,500	4,019
Spanish and Portuguese	Congregation	5,000	10,000
Morenu		22,500	11,250
Sephardi Voices		9,998	4,985
Jevash Chaplaincy		20,000	10,000
		215,819	193,127
Grants to individuals		52,800	59,065
		268,619	252,192

Support	costs
			Support costs	Governance	2020	2019	Basis of	allocation
				costs
				8
Staff costs			52,636		52,636	42,582	See note	a)
Depreoetioo			532		532	275	See note	a)
ITcosts			3228		3,228	3,704	See note	a)
Maintenance	costs		13,837		13,837	8,926	See note	a)
Accountancy	eod secretsosi		11,580		11,580	14,025	See note	a)
Rent ecd secunty costs			1,667		1,667	10,404	See note	a)
Legal scd professional		fees	7,125		7,125	1,960	See note	a)
Sundry expenses			250		250	4,002	See note	a)
Audit fees				6,000	6,000	12,000	See note	b)
			90,855	6,000	96,855	97,878
Analysed	between
Chantable	activities		90,855	6,000	96,855	97,878

10	Employees		(Continued)
	Ouier peiisloii costs	1,861	1,452
		94,464	84,871

			Endowment	Unrestricted	Unrestricted		Endowment	Total
			funds		funds		funds
			general				general
			2020		2019		2019	2019
			6			6	6	F
Revaluation	of mvestments		208,778				457,789	457,789
Gain/floss)	on sale of investments		132,750				(6,507)	(6,507)
Revaluation	of mvestment	properties			298,279			298,279
			341,528		298,279		451,282	749,561
Taxatlon
The Chanty	is exempt from	tax on income and gains falhng	within secbon	505	ofTaxes		Act 1988or secbon	252 of
the Taxation	of Chargeable	Gains Act 1992to the extent that these are applied			to its	charitable objects
Investment	property
								2020
								6
Fair value
At 1 November 2019and 31 October 2020								470,000

			LlstedCash	held by	Tote I
			investmentslnvestment
			managers
			E.
Cost or valuation
At 1 November 2019			4,419,080	(19,414)	4,399,006
Addrdons			451,971		451,971
Valuation	changes		208,778		208,778
Movement	in cash			49,060	49,060
Investment	management	fees		(14,197)	(14,197)
Disposals			(944,000)		(944,000)
At 31 October 2020			4,135,829	15,449	4,151,278
Carrying	amount
At 31 October 2020			4,135,829	15,449	4,151,278
At 31 October 2019			4,419,080	(19,414)	4,399,666

	Fixed asset investments	Fixed asset investments	revalued
	The market value ofthe kstad investment			as at 31 October 2020 is E4,135,829(2019 E4,419,080).
15	Financial instruments				2020	2019
					E	E
	Carrying amount of	financial assets
	Instruments measured	at	fair value through	profit or loss	4,135,829	4,419,080
16	Debtors
					2020	2019
	Amounts faglng due	within one year:			E	E.
	Trade debtors					1,000
17	Creditors: amounts	faglng due within one year
					2020	2019
					f.
	Trade creditors				10,390	12,586
	Other creditors				27	674
	Accruals and deferred	income			9,000	12,000
					19,417	25,260

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20	Analysis of net assets	Analysis of net assets	Analysis of net assets	between	funds
				Unrestricted		Endowment	TotalUnrestricted		Endowment		Tote I
				funds		funds	funds		funds
					2020	2020	2020	2019		2019	2019
					6	6	8		6	6	F
	Fund balances		at 31
	October 2020 are
	represented	by
	Tangible assets				1,168		1,168		413		413
	Investment	properties			470,000		470,000	470,000			470,000
	Investments				488,409	3,662,869	4,151,278	1,119,706		3,279,960	4,399,666
	Current assets/(liabiliaes)
				3,087,355			3,087,355	2,920,109			2,920,109
				4,046,932		3,662,869	7,709,801	4,510,228		3,279,960	7,790,188