| Page | |||
|---|---|---|---|
| Trustees' | annual report |
||
| Independent examiner's report to the trustees |
|||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial | statements |
| Reference | and adm | inistrative | details | details |
|---|---|---|---|---|
| Registered | charity | name | Ezer Vesaad Trust | |
| Charity registration | number | 1118068 | ||
| Principal office | 105Osbaldeston | Road | ||
| London | ||||
| N16 6ND | ||||
| The trustees | ||||
| A Perelman | ||||
| E Kwadrat | ||||
| M Rand | ||||
| Independent | examiner | Myer Rothfeld | ||
| 149A Stamford | Hill | |||
| London | ||||
| N16 5LL |
| 2023 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Income and endowments | Note | E | E | |||
| Donations and legacies Investment income |
5,000 89,969 |
5,000 89,969 |
32,919 | |||
| Total income | 94,969 | 94,969 | 32,919 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management costs Expenditure on charitable activities |
6 ?,8 |
60,756 13,601 |
60,756 13,601 |
21,783 11,767 |
||
| Total expenditure | 74,357 | 74,357 | 33,550 | |||
| Net income/(expenditure) | and net movement | in funds | 20,612 | 20,612 | (631) | |
| Reconciliation offunds |
||||||
| Total funds brought forward |
355,126 | 355,126 | 355,757 | |||
| Total funds carried forward | 375,738 | 375,738 | 355,126 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Fixed assets | Note | 6 | |||
| Investments | 19 | 1,516,414 | 873,567 | ||
| Current assets | |||||
| Cash at bank and in |
hand | 36,208 | 1,684 | ||
| Creditors: amounts | falling due within one year | 14 | 13,884 | 20,125 | |
| Net current assets | 22,324 | (18,441) | |||
| Total assets less current | liabilities | 1,538,738 | 855,126 | ||
| Creditors: amounts | falling | due after more than one year | 15 | 1,163,000 | 500,000 |
| Net assets | 375,738 | 355,126 | |||
| Funds ofthe charity | |||||
| Unrestricted funds |
375,738 | 355,126 | |||
| Total charity funds | 16 | 375,738 | 355,126 |
| Donations and legacies |
|||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| Donations | F | 6 | E | ||
| Donations | 5,000 | 5,000 | |||
| Investment income |
|||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Income from investment | properties | Funds f 89,969 |
2023 89,969 |
Funds 6 32,919 |
2022 F 32,919 |
| Investment management |
costs | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| Property repairs and maintenance | F | 6 | |||
| charges Property management Water rates &council tax Property insurance Service charges |
6,996 11,160 3,541 2,140 110 |
6,996 11,160 3,541 2,140 110 |
640 906 1,433 |
640 906 1,433 |
|
| Legal &professional Bank charges |
1,840 201 |
1,840 201 |
4,048 | 4,048 | |
| Bank loan interest payable | 34,768 | 34,768 | 14,756 | 14,756 | |
| 60,756 | 60,756 | 21,783 | 21,783 |
| Expendi | ture on charitable |
activities by fund type |
|||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
| Funds F |
2023 6 |
Funds f |
2022 f |
||||
| Charity Support |
costs | 12,700 901 |
12,700 901 |
10,980 787 |
10,980 787 |
||
| 13,601 | 13,601 | 11,767 | 11,767 |
| 8. | Expenditure | on charitable activ |
ities by activity type |
ities by activity type |
||
|---|---|---|---|---|---|---|
| Grant funding ofactivities Support costs |
Total funds 2023 |
Total fund 2022 |
||||
| Charity Governance |
costs | F 12,700 |
901 | E 12,700 901 |
E 11,016 751 |
|
| 12,700 | 901 | 13,601 | 11,767 | |||
| 9. | Analysis of | support costs |
| 9. | Analysis of | support cos | ts | |||
|---|---|---|---|---|---|---|
| Total 2023 | Total 2022 | |||||
| General office | ||||||
| 36 | ||||||
| 10. | Analysis of | grants | ||||
| 2023 | 2022 | |||||
| Grants to institutions | E | |||||
| Grants to institutions | 12,700 | 10,980 | ||||
| Total grants | 12,700 | 10,980 | ||||
| 11. | Independent | examination | fees | |||
| Fees payable | to the independent | examiner for: | 2023 6 |
2022 f |
||
| Independent | examination | ofthe | financial statements | 900 | 750 |
| Creditors: amounts |
falling due within one year | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Accruals and deferred Other creditors |
income | E 1,600 12,284 |
1,450 18,675 |
| 13,884 | 20,125 |
| 15. | Creditors: | amounts f |
alling due after more than | one year | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Bank loans | and overdrafts | 6 1,163,000 |
f 500,000 |
||
| 16. | Analysis of | charitable | funds | ||
| Unrestricted | funds |
| At | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| At | 31 March 202 | ||||||||
| 1 April 2022 | Income | Expenditure | 3 | ||||||
| General | funds | F 355,126 |
E 94,969 |
E (74,357) |
F 375,738 |
||||
| At | |||||||||
| At | 31 March 202 | ||||||||
| General | funds | 1 April 2021 f 355,757 |
Income F 32,919 |
Expenditure f (33,550) |
2 5 355,126 |
||||
| 17. | Analysis | ofnet assets between | funds | ||||||
| Unrestricted | Total Funds | ||||||||
| Funds | 2023 | ||||||||
| K | |||||||||
| Tangible Current Creditors Creditors |
fixed assets assets less than 1 greater than |
year 1 year |
1,516,414 36,208 (13,884) (1,163,000) |
1,516,414 36,208 (13,884) (1,163,000) |
|||||
| Net assets | 375,738 | 375,738 | |||||||
| Unrestricted | Total Funds | ||||||||
| Funds | 2022 | ||||||||
| E | f | ||||||||
| Tangible fixed assets Current assets Creditors less than 1 Creditors greater than |
year 1 year |
873,567 1,684 (20,125) (500,000) |
873,567 1,684 (20,125) (500,000) |
||||||
| Net assets | 355,126 | 355,126 |