| Pages | ||||
|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | director's report) | Ito3 |
| Independent examiner's |
report to the | trustees | ||
| Statement offinancial | activities (including | income and expenditure | ||
| account) | ||||
| Statement offinancial | position | |||
| Notes to the financial | statements | 7to12 |
| YEA | R ENDED | 31MAR | CH 2022 | CH 2022 | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 29,100 | 29,100 | 63,100 | |||
| Investment income |
6 | 3,377 | 3,377 | 3,492 | |||
| Total income | 32,477 | 32,477 | 66,592 | ||||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Investment management |
costs | 7 | (3,738) | (3,738) | (4,266) | ||
| Expenditure on charitable |
activities | 8,9 | (55,339) | (55,339) | (62,756) | ||
| Total expenditure | (59,077) | (59,077) | (67,022) | ||||
| Ivlet losses on investments | 11 | (100,000) | (100,000) | ||||
| Net expenditure and net |
movement | in funds | (126,600) | (126,600) | (430) | ||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
1,076,231 | 1,076,231 | 1,076,661 | ||||
| Total funds carried forward | 949,631 | 949,631 | 1,076,231 |
| 31MARCH 2022 | 31MARCH 2022 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | ||||||
| FIXEDASSETS | ||||||
| Investments | 15 | 1,048,500 | 1,148,500 | |||
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 1,257 | 1,147 | ||||
| CREDITORS: amounts | falling due | |||||
| within one year | 16 | (100,126) | (73,416) | |||
| NET CURRENT LIABILITIES | (98,869) | (72,269) | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 949,631 | 1,076,231 | ||||
| FUNDS OF THE CHARITY | ||||||
| Unrestricted funds |
949,631 | 1,076,231 | ||||
| Total charity funds | 17 | 949,631 | 1,076,231 |
| DONATIO | NS AND LEGAC |
IES | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
| Funds | 2022 | Funds | 2021 | ||||
| 5 | 5 | ||||||
| DONATIONS | |||||||
| Donations | received | 29,100 | 29,100 | 63,100 | 63,100 |
| INVESTMENT INCO | ME | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| Income from investment | properties | 3,377 | 3.377 | 3,491 | 3,491 |
| Bank interest receivable | 1 | 1 | |||
| 3,377 | 31377 | 3,492 | 3,492 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||
| 5 | |||||||
| Property | outgoings | 3,738 | 3,738 | 4,266 | 4,266 |
| EXPENDI | TURE ON | CHARITABLE | ACTIVITIES | BYFUND T | YPE | |
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| 5 | ||||||
| Education, | Furtherance | ofJewish | ||||
| Religion and Alleviation | ofPoverty. | 53,500 | 53,500 | 61,100 | 61,100 | |
| Support costs | 1,839 | 1,839 | 1,656 | 1,656 | ||
| 55,339 | 55,339 | 62,756 | 62,756 |
| EXPENDITURE | ON | CHARIT | ABLE AC | TIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|---|---|
| Grant | funding | Total funds | Total fund | ||||
| ofactivities | Support costs | 2022 | 2021 | ||||
| 5 | 5 | ||||||
| Education, Furtherance |
ofJewish | ||||||
| Religion and Alleviation | ofPoverty. | 53,500 | 53,500 | 61,100 | |||
| Governance costs |
1,839 | 1,839 | 1,656 | ||||
| 53,500 | 1,839 | 55,339 | 62,756 | ||||
| ANALYSIS OF GRANTS | |||||||
| GRANTS TO INSTITUTIONS | |||||||
| 2022 | |||||||
| Friends ofMercaz | Hatorah Belz | Macnivka | 24,000 | ||||
| The Kollel Bnei Yissochor | 7,000 | ||||||
| Leheitiv | 7,000 | ||||||
| Keren Chasanim | 6,000 | ||||||
| Keren Association | Limited | 5,000 | |||||
| Kollel Divrei Shir | 4,000 | ||||||
| Synagogue Maharim Dushinsky |
Limited | 500 | |||||
| Total grants | 53,500 |
| NET LOSSESON I | NVESTMENTS | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| Losses on revaluation | ofinvestments | ||||
| in group undertakings | (100,000) | (100,000) |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Fees payable Independent |
to the independent examination ofthe |
examiner financial |
for: statements |
1,410 | 1,530 |
| No Trustees have been paid any remuneration INVESTMENTS |
or received any other b | enefits &om th | e charity. |
|---|---|---|---|
| Investment in |
Investment | ||
| subsidiary | properties | Total | |
| Valuation | |||
| At 1Apri!2021 | 1,000,000 | 148,500 | 1,148,500 |
| Additions | |||
| Fair value movements | (100,000) | (100,000) | |
| At 31March 2022 | 900,000 | 148,500 | 1,048,500 |
| Impairment | |||
| At 1 April 2021 and 31March 2022 | |||
| Carrying amount |
|||
| At 31March 2022 | 900,000 | 148,500 | 1,048,500 |
| At 31 March 2021 | 1,000,000 | 148,500 | 1,148,500 |
| 2022 | 2021 |
|---|---|
| 100,126 | 73,4 l6 |
| At | ||||||
|---|---|---|---|---|---|---|
| At | Gains and 31March 20 | |||||
| 1 April 2021 | Income | Expenditure | losses | 22 | ||
| f. | ||||||
| General | funds | 1,076,231 | 32,477 | (59,077) | (100,000) | 949,631 |
| At | ||||||
| At | Gains and 31March 202 | |||||
| 1 April 2020 | Income | Expenditure | losses | I | ||
| General | funds | 1,076,661 | 66,592 | (67,022) | 1,076,23 I | |
| ANALYSIS OF NET ASSETS BETWEEN | FUNDS | |||||
| Unrestricted | Total Funds | |||||
| Funds | 2022 | |||||
| Tangible | fixed assets | 148,500 | 148,500 | |||
| Investments | 900,000 | 900,000 | ||||
| Current assets | 1,257 | 1,257 | ||||
| Creditors | less than | 1 year | (100,126) | (100,126) | ||
| Net assets | 949,63I | 949,631 | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2021 | |||||
| Tangible | fixed assets | 148,500 | 148,500 | |||
| Investments | 1,000,000 | 1,000,000 | ||||
| Current | assets | 1,147 | 1,147 | |||
| Creditors less than | 1 year | (73,416) | (73,416) | |||
| Net assets | 1,076,231 | 1,076,231 |