## ## ## ## ## |||||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| |||||||||||||||||||||h
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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| ## ##