## ## |||||||PAGES| |---|---|---|---|---|---|---| |Trustees'|annual report||(incorporaiing|the|director's report)|1to 3| |Independent
examiner's|||report to the|trustees||| |Statement|offinancial||activities (including||income and expenditure|| |account)||||||| |Statement|offinancial||position|||| |Notes to|the financial|statements||||7to 12| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Y|EARENDED|28FEBRU|ARY 2021|ARY 2021|| |---|---|---|---|---|---|---|---| ||||||2021||2020| ||||||Unrestricted||| ||||||funds|Total funds|Total funds| |||||Note|||| |Income and endowments|||||||| |Investment
income||||5|131,475|131,475|113,741| |Total income|||||131,475|131,475|113,741| |Expenditure|||||||| |Expenditure
on raising funds:
Investment
management||costs||6|(31,234)|(31,234)|(22,007)| |Expenditure
on charitable|activities|||7,8|(24,616)|(24,616)|(78,454)| |Total expenditure|||||(55,850)|(55&850)|(100,461)| |Net gains on investments||||10|120,000|120,000|| |Net income and net movement|||in funds||195,625|195,625|13,280| |Reconciliation offunds|||||||| |Total funds brought forward|||||963,112|963,112|949,832| |Total funds carried forward|||||1,158,737|1,158,737|963,112| ## ## ||||||2021||2020| |---|---|---|---|---|---|---|---| |||||Note||g|| |Fixed assets|||||||| |Investments||||14||1&120,000|1,000,000| |Current
assets|||||||| |Debtors||||15|50,150||| |Cash at bank|snd in hand||||35,192||25,021| ||||||85)342||25,021| |Creditors: amounts||falling due within|one year|16|(7,105)||(22,602)| |Net current|assets|||||78,237|2,419| |Total assets|less current liabilities|||||1,198,237|1,002,419| |Creditors: amounts||falling due after|more than||||| |one year||||17||(39,500)|(39,307)| |Net assets||||||1,158,737|963,112| |Funds ofthe|charity||||||| |Unrestricted|funds|||||1,158,737|963,112| |Total charity|funds|||18||1,158,737|963,112| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Total|Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---|---|---|---|---| |||||||Funds||2021|Funds|2020| ||Income from investment||properties|||131,475|131,475||113,741|113,741| |6.|INVESTMENT MANAGEMENT||||COSTS|||||| |||||||Unrestricted|Total|Funds|Unrestricted|Total Funds| |||||||Funds||2021|Funds|2020| |||||||||g|6|| ||Investment|property management||costs||31,234||31,234|22,007|22,007| |7.|EXPENDITURE ON||CHARITABLE|||ACTIVITIES|BYFUND TYPE|||| |||||||Unrestricted|Total|Funds|Unrestricted|Total Funds| |||||||Funds||2021|Funds|2020| |||||||6|||6|| ||Grants payable|||||20,000||20,000|73,750|73,750| ||Support costs|||||4,616||4,616|4,704|4,704| |||||||24,616||24,616|78,454|78,454| ## ## ## |ENDITURE|ON CHARI|TABLE ACTIVITIE|S BYACTIVI|TY TYPE|| |---|---|---|---|---|---| |||Grant funding||Total funds|Total fund| |||ofactivities|Support costs|2021|2020| ||||6||f.| |Grants payable
Governance
costs||20,000|1,925
2,691|21,925
2,691|75,853
2,601| |||20,000|4,616|24,616|78,454| |Notzer|Chesed|10,000| |---|---|---| |Friends|ofViznitz|10,000| |||20,000| ## |9.|ANALYSIS|OF SUPPO|RT C|OSTS||||| |---|---|---|---|---|---|---|---|---| |||||||Support costs
6|Total 2021
g|Total 2020
f| ||Interest on bank loans and||similar charges|||1,925|1,925|2,103| ||Independent|examination|fees|||2,691|2,691|2,601| |||||||4,616|4,616|4,704| |10.|NET GAINS ON INVESTMENTS|||||||| ||||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||||Funds|2021|Funds|2020| |||||||g||| ||Gains/(losses)|on investment
property|||120,000|120,000||| |11.|INDEPENDENT EXAMINATION FEES|||||||| ||||||||2021|2020| ||Fees payable|to the independent||examiner|for:|||| ||Independent|examination|ofthe|financial|statements||2,691|2,601| ## ## ## ## ## |incurred by the trustees for services provided
to the ch
INVESTMENTS|arity.| |---|---| ||Investment| ||properties| |Cost or valuation|| |At 1March 2020|1,000,000| |Additions|| |Fair value movements|120,000| |At 28 February 2021|1,120,000| |Carrying
amount
At 28 February 2021|1,120,000| |At 29 February 2020|1,000,000| ## |15.|property,
its location snd
transactions.
The historical costofthe
DEBTORS|expected future net rental values, mark
investment
properties
is 6868,493.|et yields and compara|ble
market| |---|---|---|---|---| ||||2021|2020| ||Trade debtors||50,150|| |16.|CREDITORS: amounts|falling due within one year||| ||||2021|2020| ||Bank loans snd overdratts|||20,000| ||Trade creditors||4,705|202| ||Accruals and deferred income||2,400|2,400| ||||7i105|22,602| ## ## ## |||||||2021||2020| |---|---|---|---|---|---|---|---|---| |Bank loans and overdraits||||||39,500||39,307| |ANALYSIS OF||CHARITABLE FUNDS||||||| |Unrestricted|funds|||||||| |||||||||At| ||||At|||Gains and|28February|| ||||I March 2020|Income|Expenditure|losses||2021| |||||t|8|f,||| |General funds|||963,112|131,475|(55,850)|120,000||1,158,737| |||||||||At| ||||At|||Gains and||29February| ||||I March 2019|Income|Expenditure
8|losses
f||2020| |General funds|||949,832|113,741|(100,461)|||963,112| |ANALYSIS OFNET|||ASSETSBETWEEN|FUNDS||||| |||||||Unrestricted||Total Funds| |||||||Funds||2021| |||||||||K| |Investments||||||1,120,000||1,120,000| |Current assets||||||85,342||85,342| |Creditors
less than I year
Creditors
greater than
1year||||||(7,105)
(39,500)||(7,105)
(39,500)| |Net assets||||||1,158,737||1,158)737| |||||||Unrestricted||Total Funds| |||||||Funds||2020| |Investments||||||1,000,000||1,000,000| |Current assets||||||25,021||25,021| |Creditors less|than|1year||||(22,602)||(22,602)| |Creditors
greater than|||1 year|||(39,307)||(39,307)| |Net assets||||||963,112||963,112| ## ## ##