| PAGES | ||||||
|---|---|---|---|---|---|---|
| Trustees' | annual report |
(incorporating | the | director's report) | 1to3 | |
| 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 2022 | ARY 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Uurestticted | |||||||||
| funds | Total funds | Total funds | |||||||
| Note | |||||||||
| Incosne and endowments | |||||||||
| Investment | income | 5 | 91,677 | 91,677 | 131,475 | ||||
| Total income | 91,677 | 91,677 | 131,475 | ||||||
| Expenditure | |||||||||
| Expenditure | on raising funds: | ||||||||
| Investment management |
costs | 6 | (16,540) | (16,540) | (31,234) | ||||
| Expenditure | on charitable | activities | 7,8 | (50,935) | (50,935) | (24,616) | |||
| Total expenditure | (67,475) | (67,475) | (55,850) | ||||||
| Net gains on investments | 10 | 120,000 | |||||||
| Net income | and net | movement | in funds | 24,202 | 24,202 | 195,625 | |||
| Reconciliation offunds | |||||||||
| Total funds | brought | forward | 1,158,737 | 1,158,737 | 963,112 | ||||
| Total funds | carried | forward | 1,182,939 | 1,182,939 | 1,158,737 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Investments | 14 | 1,120,000 | 1,120,000 | ||||
| Current assets |
|||||||
| Debtors | 15 | 50,150 | 50,150 | ||||
| Cash atbank | and in hand | 53,612 | 35,192 | ||||
| 103,762 | 85,342 | ||||||
| Creditors: amounts | falling due within | one year | 16 | (8,700) | (7,105) | ||
| Net current | assets | 95,062 | 78,237 | ||||
| Total assets | less current liabilities | 1,215,062 | 1,198,237 | ||||
| Creditors: amounts | falling due after | more than | |||||
| one year | 17 | (32,123) | (39,500) | ||||
| Net assets | 1,182,939 | 1,158,737 | |||||
| Funds ofthe | charity | ||||||
| Unrestricted | funds | 1,182,939 | 1,158,737 | ||||
| Total charity funds | 18 | 1,182,939 | 1,158,737 |
| Unrestricted | Total | Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||||
| 6 | ||||||||
| Income | from | investinent | properties | 91,677 | 91,677 | 13],475 | 131,475 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||||
| f | ||||||||
| Investment | property | management | costs | 16,540 | 16,540 | 31,234 | 31,234 | |
| 7. | EXPENDITURE ON CHARITABLE | ACTIVITIES | BYFUND TYPE |
| EXPE | NDITURE ON CH | ARITABLE ACTIVITIES | BY | FUND T | YPE | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unresmcted | Total | Funds | ||
| Funds | 2022 | Funds | 2021 | ||||
| Grants | payable | 46,600 | 46,600 | 20,000 | 20,000 | ||
| Support | costs | 4,335 | 4,335 | 4,616 | 4,616 | ||
| 50,935 | 50,935 | 24,616 | 24,616 |
| ENDITURE | ON CHARI | TABLE ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Grant funding | Total funds | Total fund | |||
| ofactivities | Support costs | 2022 f |
2021 | ||
| Grants payable | 46,600 | 1,734 | 48,334 | 21,925 | |
| Governance | costs | 2,601 | 2,601 | 2,691 | |
| 46,600 | 4,335 | 50,935 | 24,616 |
| f | |
|---|---|
| Notzar Chesed | 20,000 |
| Masim Tovim | 15,000 |
| Mercaz Torah Vechesed Ltd | 10,000 |
| Kol Yom Trust | 1,600 |
| 46,600 |
| 9. | ANALYSIS | OF SUPPO | RT | C | OSTS | ||||
|---|---|---|---|---|---|---|---|---|---|
| Support costs f |
Total 2022 f |
Total2021 | |||||||
| Interest on bank loans and | similar charges | 1,734 | 1,734 | 1,925 | |||||
| Independent | examination | fees | 2,601 | 2,601 | 2,691 | ||||
| 4,335 | 4,335 | 4,616 | |||||||
| 10. | NET GAINS ON INVESTMENTS | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| f | f | ||||||||
| Gains/(losses) | on investment | property | 120,000 | 120,000 | |||||
| 11, | INDEPENDENT EXAMINATION FEES | ||||||||
| 2022 | 2021 | ||||||||
| f | |||||||||
| Fees payable | to the independent | examiner | for: | ||||||
| Independent | examination | of | the | financial | statements | 2,400 | 2,691 |
| incurred by the trustees for services INVESTMENTS |
provided to the charity. | |
|---|---|---|
| Investment | ||
| properties | ||
| Cost or valuation | ||
| At 1March 2021 and 28 February | 2022 | 1,120,000 |
| Carrying amount At 28 February 2022 |
1,120,000 | |
| At 28 February 2021 | 1,120,000 |
| 15. | DEBTORS | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Trade debtors | 50,150 | 50,150 | |||
| 16. | CREDITORS: amounts | falling due within | one year | ||
| 2022 | 2021 | ||||
| Trade creditors | 3,900 | 4,705 | |||
| Accruals and deferred income | 4,800 | 2,400 | |||
| 8,700 | 7,105 | ||||
| 17. | CREDITORS: amounts | falling due after | more than one year | ||
| 2022 | 2021 | ||||
| f | |||||
| Bank loans and overdratts | 32,123 | 39,500 |
| At | ||||||
|---|---|---|---|---|---|---|
| At | Gains and 2$February | |||||
| 1 March 2021 | Income | Expenditure | losses | 2022 | ||
| 8 | ||||||
| General funds | 1,158,737 | 91,677 | (67,475) | 1,1$2,939 | ||
| At | ||||||
| At | Gains and | 28February | ||||
| 1March 2020 f |
Income f |
Expenditure | losses | 2021 f |
||
| General funds | 963,112 | 131,475 | (55,850) | 120,000 | 1,158,737 | |
| ANALYSIS OFNET | ASSETS BETWEEN | FUNDS | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2022 | |||||
| f. | g | |||||
| Investments | 1,120,000 | 1,120,000 | ||||
| Current assets | 103,762 | 103,762 | ||||
| Creditors less than | Iyear | (8,700) | (8,700) | |||
| Creditors greater than | I year | (32,123) | (32,123) | |||
| Net assets | 1,182,939 | 1,182,939 | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2021 | |||||
| Investments | 1,120,000 | 1,120,000 | ||||
| Current assets | 85,342 | 85,342 | ||||
| Creditors less than | 1 year | (7,105) | (7,105) | |||
| Creditors greater than | 1 year | (39,500) | (39,500) | |||
| Net assets | 1,158,737 | 1,158,737 |