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|Trustees'|annual
report|(incorporating|the director's report)|the director's report)|1to4|
|---|---|---|---|---|---|
|Independent
auditor's||report to the members|||5to8|
|Statement|offinancial|activities (including||income and expenditure||
|account)||||||
|Statement|offmancial|position|||10|
|Statement|ofcash flows|||||
|Notes to|the financial|statements|||12to20|
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|Reference|and administrative
d|and administrative
d|etails|etails|etails|||
|---|---|---|---|---|---|---|---|
|Registered|charity name||North West London Communal|||Mikvah Limited||
|Charity registration||number|1118526|||||
|Company|registration|number|06129840|||||
|Principal|office and registered||40 Golders Green Crescent|||||
|office|||London|||||
||||NW11 8LD|||||
|The trustees|||Mr A J Bloom|||||
||||Mr L A Foux|||||
||||Mr A W Levison|||||
|Auditor|||Cohen Arnold|||||
||||Chartered
accountants||&,statutory||auditor|
||||New Burlington|House||||
||||1075 Finchley|Road||||
||||LONDON|||||
||||Nw
1 1 OPU|||||
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|||||||2020||2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|f,||f.||
|income and endowments|||||||||
|Donations
and legacies||||5|94,973|571,940|666,913|1,379,214|
|Charitable
activities||||6|7,487||7,487|24,175|
|Investment
income||||7|50||50||
|Other income||||8|278,306||278,306|47,761|
|Total income|||||380,816|571,940|952,756|1,451,150|
|Expenditure|||||||||
|Expenditure
on charitable|||activities|9,10|372,318||372,318|370,245|
|Total expenditure|||||372,318||372,318|370,245|
|Net income|||||8,498|571,940|580,438|1,080,905|
|Transfers
between|funds||||954,945|(954,945)|||
|Net movement
in|funds||||963,443|(383,005)|580,438|1,080,905|
|Reconciliation
offunds|||||||||
|Total funds brought||forward|||3,740,171|383,005|4,123,176|3,042,271|
|Total funds carried||forward|||4,703,614||4,703,614|4,123,176|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Note|f|f|
|Fixed assets|||||||
|Tangible fixed assets||||15|5,664,138|4,846,839|
|Current
assets|||||||
|Debtors||||16|6,035|11,450|
|Cash at bank|and in hand||||187,110|814,078|
||||||193,145|825,528|
|Creditors: amounts||falling due within|one year|18|45,229|49,802|
|Net current|assets||||147,916|775,726|
|Total assets|less current Babilities||||5,812,054|5,622,565|
|Creditors: amounts||falling due after|more than one year|19|1,108,440|1,499,389|
|Net assets|||||4,703,614|4,123,176|
|Funds ofthe|charity||||||
|Restricted funds||||||383,005|
|Unrestricted|funds||||4,703,614|3,740,171|
|Total charity|funds|||20|4,703,614|4,123,176|
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|Company
Limited
by Gu
Statement ofCash Flows
Year eaded 31December|arantee
2020|||||
|---|---|---|---|---|---|
|||||2020|2019|
||||italo|f,||
|Cash flows from operating|activities|||||
|Net income||||580,438|1,080,905|
|Adj ustntenis for:||||||
|Depreciation oftangible fixed assets||||142,880|44,599|
|Other interest receivable
and|similar income|||(50)||
|Interest payable and similar|charges|||26,944|58,068|
|Gains on disposal oftangible|fixed assets|||(223,102)||
|Accrued (income)/expenses||||(2,000)|I,147|
|Changes in:||||||
|Trade and other debtors||||5,415|(5,658)|
|Trade and other creditors||||(976)|671|
|Cash generated
from operations||||529,549|1,179,732|
|Interest paid||||(26,944)|(58,068)|
|Interest received||||50||
|Net cash from operating
activities||||502,655|1,121,664|
|Cash flows from investing|activities|||||
|Purchase oftangible assets||||(1,167,077)|(511,437)|
|Proceeds from sale oftangible
assets||||430,000||
|Net cash used in investing
activities||||(737,077)|(511,437)|
|Cash fiows from financing|activities|||||
|Proceeds fiom borrowings||||(390,949)|(3,601)|
|Net cash used in financing
activities||||(390,949)|(3,601)|
|Net (decrease)/increase
in|cash and cash|equivalents||(625,371)|606,626|
|Cash and cash equivalents|at beginning|ofyear||812,481|205,855|
|Cash and cash equivalents|at end ofyear||17|187,110|812,481|
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|The charity
is a company
limited
Donations
and legacies|by guarantee
and hss no share capital|.||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
|Donations||||
|Donations|94,973|571,940|666,913|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2019|
||||4|
|Donations||||
|Donations|191,244|1,187,970|1,379,214|
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|6.|Charitable||activities|activities|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
||User contributions||||||7,487|7,487|24,175|24,175|
|7.|investment||income||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
||Bank interest|||receivable|||50|50|||
|8.|Other income||||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
||||||||||f,||
||Gain on disposal oftangible|||||fixed|||||
||assets held||for charity's||own use||223,102|223,102|||
||Rental income||||||37,105|37,105|47,761|47,761|
||Coronavirus||Job Retention|||Scheme|||||
||Grant||||||18,099|18,099|||
||||||||278,306|278,306|47,761|47,761|
|9.|Expenditure|||on charitable||activities by fund type|||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
||Charitable|activities|||||366,992|366,992|360,919|360,919|
||Support costs||||||5,326|5,326|9,326|9,326|
||||||||372,318|372,318|370,245|370,245|
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|Expenditur|e
on charitable
ac|tivities by activity type|||||
|---|---|---|---|---|---|---|
|||Activities|||||
|||undertaken|||Total funds|Total fund|
|||directly|Support|costs
f|2020|2019
f|
|Charitable|activities|366,992|||366,992|360,919|
|Governance|costs|||5,326|5,326|9,326|
|||366,992||5,326|372,318|370,245|
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|11.|Net income|Net income|||
|---|---|---|---|---|
||Net income is stated atter charging/(crediting):||||
||||2020|2019|
||Depreciation oftangible
fixed assets
Gains on disposal oftangible lixed assets||142,880
(223,102)|44,599|
|12.|Auditors
remuneration||||
||||2020|2019|
||Fees payable for the audit ofthe financial|statements|5,326|6,600|
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|Staffcosts|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed
as|follows:|
||||2020
f|2019|
|Wages and salaries|||63,563|68,821|
|Social security costs|||269|166|
|Employer contributions|to pension|plans|230|210|
||||64,062|69,197|
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|15.|Tangible fixed assets|||||
|---|---|---|---|---|---|
||||||Freehold|
||||||property|
||||||4|
||Cost|||||
||At I January 2020||||6,264,053|
||Additions||||1,167,077|
||Disposals||||(287,143)|
||At 31 December 2020||||7,143,987|
||Depreciation|||||
||At I January 2020||||1,417,214|
||Charge for the year||||142,880|
||Disposals||||(80,245)|
||At31 December 2020||||1,479,849|
||Carrying
amount|||||
||At 31 December 2020||||5,664, 138|
||At 31 December 2019||||4,846,839|
|16.|Debtors|||||
|||||2020|2019|
||||||f.|
||Trade debtors|||6,035|3,903|
||Other debtors||||7,547|
|||||6,035|11,450|
|17.|Cash and cash equivalents|||||
||Cash and cash equivalents||comprise the following:|||
|||||2020
f|2019|
||Cash at bank and in hand|||187,110|814,078|
||Bank overdrat)s||||(1,597)|
|||||187,110|812,481|
|18.|Creditors: amounts|falling due within one year||||
|||||2020|2019|
||Bank loans and overdralls|||15,948|17,545|
||Trade creditors|||23,368|12,398|
||Accruals
and deferred|income||5,500|7,500|
||Social security
and other taxes|||413||
||Other creditors||||12,359|
|||||45,229|49,802|
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|Credi|tors: amounts
falling due after more than|one year||
|---|---|---|---|
|||2020|2019|
|Bank|loans and overdress|883,440|1,274,389|
|Other|creditors|225,000|225,000|
|||1,108,440|1,499,389|
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|Unrestri|cted
funds||||||||
|---|---|---|---|---|---|---|---|---|
|||||||||At|
|||At|I Jan 2020|Income|Expenditure|Transfers|31|IJec 2020|
|||||f.|||||
|General|funds||3,740,171|380,816|(372,3!S)|954,945||4,703,614|
|||||||||At|
|||At|I Jan 2019|Income
f|Expenditure
f|Transfers
f|31|Dec2019|
|General|funds||3,042,271|263,180|(370,245)|804,965||3,740,171|
|Restricted funds|||||||||
|||||||||At|
|||At|1 Jan 2020|Income|Expenditure|Transfers
f|31|Dec 2020
f|
|Building|Fund||383,005|571,940||(954,945)|||
|||||||||At|
|||At|I Jan 2019|Income|Expenditure|Transfers|31|Dec2019|
||||f||||||
|Building|Fund|||1,187,970||(804,965)||383,005|
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|Analysis|ofnet as|sets|between funds||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2020|
|Tangible|fixed assets|||5,664, 138||5,664,138|
|Current|assets|||193,145||193,145|
|Creditors|less than|I year||(45,229)||(45,229)|
|Creditors|greater than||!year|(1,108,440)||(1,108,440)|
|hlet assets||||4,703,614||4,703,614|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2019|
|||||f.||f|
|Tangible|fixed assets|||4,846,839||4,846,839|
|Current|assets|||442,523|383,005|825,528|
|Creditors|less than|I year||(49,802)||(49,802)|
|Creditors|greater than||'I year|(1,499,389)||(1,499,389)|
|Net assets||||3,740,171|3S3,005|4,123,176|
|Analysis|ofchanges||in aet debt||||
|||||||At|
|||||At13an2020|Cash tiows|31Dec2020|
|||||E|||
|Cash at bank and in hand||||814,078|(626,968)|187,110|
|Bank overdratis||||(1,597)|1,597||
|Debt due within one year||||(15,948)|—|(15,948)|
|Debt due aiter one||year||(1,274,389)|390.949|(883,440)|
|||||(477,856)|(234,422)|(712,278)|
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