| PAGE | |||||
|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | director's report) | ||
| Independent examiner's |
report to the | trustees | |||
| Statement offinancial | activities (including | income and expenditure | |||
| account) | |||||
| Balance sheet | |||||
| Notes tothe financial | statements |
| YEAR ENDED | 31DECE | MBER2022 | MBER2022 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | g | |||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 92,000 | 92,000 | 50,000 | ||
| Investment income |
6 | 7,475 | 7,475 | 6,970 | ||
| Total income | 99,475 | 99,475 | 56,970 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management |
costs | 7 | (2,190) | (2,190) | (4,093) | |
| Expenditure on charitable |
activities | 8,9 | (93,026) | (93,026) | (69,023) | |
| Total expenditure | (95,216) | (95,216) | (73,116) | |||
| Net gains/(losses) on investments |
10 | 3,036 | 3,036 | (836) | ||
| Net income/(expenditure) | and net movement | in funds | 7,295 | 7,295 | (16,982) | |
| Reconciliation offunds |
||||||
| Total funds brought forward | 93,383 | 93/83 | 110,365 | |||
| Total funds carried forward | 100,678 | 100,678 | 93,383 |
| L.H.H.LIMITED | L.H.H.LIMITED | |||
|---|---|---|---|---|
| COMPANY LIMITED BYGUARANTEE | ||||
| BALANCE SHEET | ||||
| 31DECEMBER 2022 | ||||
| 2022 | 2021 | |||
| Note | ||||
| FIXED ASSETS | ||||
| Investments | 14 | 104,162 | 101,222 | |
| CURRENT ASSETS | ||||
| Debtors | 15 | 1,814 | 1,903 | |
| CREDITORS: amounts | falling due | |||
| within one year |
16 | (5,298) | (9,742) | |
| NKT CURRENT LIABILITIES | (3,484) | (7,839) | ||
| TOTAL ASSETS LESS | CURRENT | |||
| LIABILITIES | 100,678 | 93,383 | ||
| NET ASSETS | 100,678 | 93,383 | ||
| FUNDS OF THK CHARITY | ||||
| Unrestricted funds |
100,678 | 93,383 | ||
| Total charity funds | 17 | 100,678 | 93,383 |
| 5. | DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| DONATIONS | ||||||
| Donations | Received | 92,000 | 92,000 | 50,000 | 50,000 | |
| 6. | INVESTMENT INCOME | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| Rent and | charges receivable from | |||||
| investment | properties | 7,475 | 7,475 | 6,970 | 6,970 | |
| 7. | INVESTMENT MANAGEMENT | COSTS |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |
| Repairs and renewals | 417 | 417 | 214 | 214 |
| Legal and professional | 42 | 42 | 2,190 | 2,190 |
| Sundry expenses | 126 | 126 | 88 | 88 |
| Management expenses |
1,401 | 1,401 | 1,265 | 1,265 |
| Letting commission | 204 | 204 | 336 | 336 |
| 2,190 | 2,190 | 4,093 | 4,093 |
| EXPEND | ITURE ON CHA | RITABLE ACTIVITIE | S BYFUND T | YPE | |
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| I | |||||
| Donations | paid | 88,863 | 88,863 | 65,172 | 65,172 |
| Support costs | 4,163 | 4,163 | 3,851 | 3,851 | |
| 93,026 | 93,026 | 69,023 | 69,023 |
| EXPENDI | TURE ON CHAR | ITABLE ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Grant | |||||
| funding of | Total funds | Total fund | |||
| activities | Support costs | 2022 | 2021 | ||
| Donations | paid | 88,863 | 88,863 | 65,172 | |
| Governance | costs | 4,163 | 4,163 | 3,851 | |
| 88,863 | 4,163 | 93,026 | 69,023 |
| Acheinu Cancer Support | 1,000 | |
|---|---|---|
| Amud Hatzdokoh Trust |
11,989 | |
| Be'er Yitzchok Trust | 2,750 | |
| Beis Aharon TTActivity Centre | 1,000 | |
| Beth Hamedrash D'Nitra |
2,450 | |
| Chasdei Aharon Limited |
3,100 | |
| Chasdei Shlomo | 2,100 | |
| Chasdei Sholom | 2,500 | |
| Chevras Mo'oz Ladol | 4,790 | |
| College for Higher Rabbinical | Studies | 2,500 |
| Hatzola Trust Limited | 1,500 | |
| Kehal Yetev Lev | 2,000 | |
| Kollel Torah Veyirah Limited | 1,000 | |
| KYL Central Shul Trust |
1,500 | |
| Satmar Kolel | 1,430 | |
| Start Upright | 4,000 | |
| The Rehabilitation Trust |
1,360 | |
| The Z.S.V.Trust | 2,880 | |
| Toldos Aharon Trust Limited |
3,700 | |
| United Talmudical Associates |
Ltd | 3,008 |
| UTRY | 2,680 | |
| Yesamach Levav | 1,300 | |
| Yetev Lev London Jerusalem | Trust | 2,780 |
| Zichron Mordechai Trust |
3,000 | |
| Amounts below $1,000 |
22,546 | |
| Total Grants Payable | 88,863 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||||||
| 8 | |||||||||
| Gain/ (Loss) | on revaluation | of | listed | ||||||
| investments | 2,998 | 2,998 | (836) | (836) | |||||
| Profit on disposal | ofinvestments | 38 | 38 | ||||||
| 3,036 | 3,036 | (836) | (836) | ||||||
| 11. | INDEPENDENT | EXAMINATION FEES | |||||||
| 2022 | 2021 | ||||||||
| Fees payable | to the independent | examiner for: | |||||||
| Independent | examination ofthe | financial | statements | 3,480 | 3,480 |
| remuneration for their services nor did they r expenses. INVESTMENTS |
eceive any reimburs |
ement for ou |
t of pocket |
|---|---|---|---|
| Listed | Investment | ||
| investments | properties | Total | |
| Valuation | |||
| At 1 January 2022 | 1,222 | 100,000 | 101,222 |
| Additions | |||
| Disposals | (58) | (58) | |
| Fair value movements | 2,998 | 2,998 | |
| At 31December 2022 | 4,162 | 100,000 | 104,162 |
| Impairment | |||
| At 1January 2022 and 31 December 2022 | |||
| Carrying amount |
|||
| At 31December 2022 | 4,162 | 100,000 | 104,162 |
| At 31December 2021 | 1,222 | 100,000 | 101,222 |
| 15. | provided in respect offree DEBTORS |
hold properties which are held for inves |
tment purposes. |
|
|---|---|---|---|---|
| 2022 | 2021 | |||
| Trade debtors | 1,814 | 1,890 | ||
| Other debtors | 13 | |||
| 1,814 | 1,903 | |||
| 16. | CREDITORS: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| Bank loans and overdrails | 818 | 12 | ||
| Accruals and deferred income | 3,480 | 3,480 | ||
| Director loan accounts | 1,000 | 6,250 | ||
| 5,298 | 9,742 |
| At | |||||||
|---|---|---|---|---|---|---|---|
| At | Gains and | 31Decembe | |||||
| 1 | January 2022 | Income | Expenditure | losses | r 2022 | ||
| f. | |||||||
| General funds | 93,383 | 99,475 | (95,216) | 3,036 | 100,678 | ||
| At | |||||||
| At | Gains and | 31 December | |||||
| 1 | January 2021 | Income | Expenditure | losses | 2021 | ||
| f. | s | ||||||
| General funds | 110,365 | 56,970 | (73,116) | (836) | 93,383 | ||
| ANALYSIS OF NET ASSETSBETWEEN | FUNDS | ||||||
| Unrestricted | Total Funds | ||||||
| Funds | 2022 | ||||||
| Investments | 104,162 | 104,162 | |||||
| Current assets | 1,814 | 1,814 | |||||
| Creditors | less than | 1 year | (5,298) | (5,298) | |||
| Net assets | 100,678 | 100,678 | |||||
| Unrestricted | Total Funds | ||||||
| Funds | 2021 | ||||||
| Investments | 101,222 | 101,222 | |||||
| Current assets | 1,903 | 1,903 | |||||
| Creditors | less than | 1 year | (9,742) | (9,742) | |||
| Net assets | 93,383 | 93,383 |