## ## ## |||||||Page| |---|---|---|---|---|---|---| |Trustees'|annual report||(incorporating|the|director's report)|| |Independent
examiner's|||report to the|trustees||| |Statement|offinancial||activities (including||income and expenditure|| |account)||||||| |Statement|offinancial||position|||| |Notes to|the financial|statements||||| ## ## ## ## |Reference|and administrative
|and administrative
|and administrative
|details|| |---|---|---|---|---|---| |Registered|charity name|||Elpold Charities|Limited| |Charity registration|||number|1125269|| |Company|registration||number|1493217|| |Principal|office and registered|||New Burlington|House| |office||||1075Finchley Road|| |||||London|| |||||NW11 OPU|| |The trustees|||||| |||||Mr A Gluck|| |||||Mr D Gluck|| |||||Mr G Gluck|| |Company|secretary|||Mrs G Gluck|| |Independent||examiner||Benny Brenig|| |||||New Burlington|House| |||||1075Finchley Road|| |||||London|| |||||NW11 OPU|| ## ## ## ## ## ## ## ## ## ## ## ## |The charity has one no|n-charitable|operating
subsidiary
and one as|sociate as follows| |---|---|---|---| |Company||Nature ofBusiness|Percentage| ||||Holding| |Elpold Trading Limited
Tenacious Properties
Limited||Property Investment
Property Investment|100'/o
23.3'lo| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Year ended|30June|2022|2022|| |---|---|---|---|---|---|---| |||||2022||2021| |||||Unrestricted||| |||||funds|Total funds|Total funds| ||||Note|||| |Income and endowments||||||| |Donations
and legacies
Investment
income|||5
6|355,000
23,026|355,000
23,026|517,500
32,622| |Total income||||378,026|378,026|550,122| |Expenditure||||||| |Expenditure
on raising funds:
Investment
management
costs
Expenditure
on charitable
activities|||7
8,9|(19,257)
(339,475)|(19457)
(339,475)|(314,913)| |Total expenditure||||(358,732)|(358,732)|(314,913)| |Net income||||19,294|19,294|235,209| |Other recognised
gains and losses
Gains/(losses)
from revaluation
ofinvestments||||(40,884)|(40,884)|(330,972)| |Net movement
in funds||||(21,590)|(21,590)|(95,763)| |Reconciliation offunds||||||| |Total funds brought
forward||||2,367,666|2,367,666|2,463,429| |Total funds carried forward||||2,346,076|2,346,076|2,367,666| ## |||Statement ofFin
30June|ancial Po
2022|sition||| |---|---|---|---|---|---|---| |||||2022||2021| ||||Note|||| |Fixed assets||||||| |Investments|||14||2,010,143|2,051,027| |Current assets||||||| |Cash at bank|and in hand|||339,539||342,445| |Creditors: amounts||falhng due within one year|16|(3,606)||(25,806)| |Net current|assets||||335,933|316,639| |Total assets|less current liabilities||||2,346,076|2,367,666| |Net assets|||||2,346,076|2,367,666| |Funds ofthe
Unrestricted|charity
funds||||2,346,076|2,367,666| |Total charity|funds||17||2,346,076|2,367,666| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |member
in the event ofw
Donations
and legacies|inding
up is limited to f.10.|||| |---|---|---|---|---| ||Unrestricted|Total Funds|Unrestricted|Total Funds| ||Funds|2022|Funds|2021| |Donations||||| |Donations|355,000|355,000|517,500|517,500| ## |6.|trustees.
Investment|income||||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||||Funds|2022|Funds|2021| ||Income from investment
Bank interest receivable||properties||23,000
26|23,000
26|32,600
22|32,600
22| ||||||23,026|23,026|32,622|32,622| |7.|Investment|management|costs|||||| ||||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||||Funds|2022|Funds|2021| ||Investment|property
management||costs|19,257|19,257||| ## ## ## ## |g.|Expenditu|re|on|charitable|activities|by fund type|||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds|2022|Funds|2021| ||Donations
paid
Supportcosts|||||336,500
2,975|336,500
2,975|312,000
2,913|312,000
2,913| |||||||339,475|339,475|314,913|314,913| |9.|Expenditure||on|charitable|activities|by activity type|||| |||||||Grant funding||Total fuads|Total fund| |||||||ofactivities|Support costs|2022|2021| |||||||E|f.||| |||||||336,500||336,500|312,000| ||||||||2,975|2,975|2,913| |||||||336,500|2,975|339,475|314,913| ## ||VHLT Ltd||||||55,000| |---|---|---|---|---|---|---|---| ||Ezer Viznitz|Foundation|||||35,000| ||UTRY||||||33,000| ||Diam Chesed|Yiboneh|||||30,000| ||Friends OfMercaz Hatorah Belz Macnivka||||||20,000| ||Kehal Yisroel D'Chasidei||Gur||||20,000| ||Mifal Hachesed Vehatzedokoh||||||20,000| ||CMZ Ltd||||||20,000| ||Sundry amounts
below f20,000||||||103,500| ||||||||336,500| |11.|Independent|examination|fees||||| |||||||2022|2021| ||Fees payable
Independent|to the independent
examination
ofthe||examiner
financial|for:
statements|2,640|2,640| ## ## ## ## ## ## |The Charity did not meet any individua
to the Charity.
Investments|l
expenses incu|rred
by the Tru|stees for servic|es provided| |---|---|---|---|---| |||Shares in||| ||Investment|group|Other|| ||properties|undertakings|investments|Total| |Valuation||||| |At I July 2021|490,000|784,864|776,163|2,051,027| |Additions||||| |Fair value movements||(36,620)|(4,264)|(40,884)| |At 30June 2022|490,000|748,244|771,899|2,010,143| |Impairment||||| |AtIJuly 2021and 30 June 2022||||| |Carrying
amount
At 30June 2022|490,000|748,244|771,899|2,010,143| |At 30June 2021|490,000|784,864|776,163|2,051,027| ## ## |The subsidiary
undertaking's
re|sults for the year ended 30th|June 2022 are as follows:|| |---|---|---|---| |||2022|2021| |Net rental income
Administrative
expenses
Donations||48,178
(2,441)
(5,000)|73,448
(3,467)
(600,500)| |Profit on disposal of investment
properties
Taxation including
deferred taxation||(40,357)|111,682
77,474| |Retained profit/(loss)
for the|financial year|380|(341,363)| ## ## ## ## ## |Creditor|s: amounts
falling due within
one year||| |---|---|---|---| |||2022|2021| |Accruals|and deferred income|2,640|2,640| |Other creditors||966|23,166| |||3,606|25,806| ## |Unrestri|cted
funds||||||| |---|---|---|---|---|---|---|---| ||||At|||Gains and|At| |||1|July 2021|Income|Expenditure|losses 30June 2022|| |General|funds||2,367,666|378,026|(358,732)|440,884)|2,346,076| ||||At|||Gains and|At| |||1|July 2020|Income|Expenditure|losses 30June 2021|| |General|funds||2,463,429|550,122|(314,913)|(330,972)|2,367,666| ## ## ## ## |Year ended 3
Analysis of net assets between
funds|0June 2022|| |---|---|---| ||Unrestricted|Total Funds| ||Funds|2022| |Investments|2,010,143|2,010,143| |Current
assets|339,539|339,539| |Creditors less than I year|(3,606)|(3,606)| |Net assets|2,346,076|2,346,076| ||Unrestricted|Total Funds| ||Funds|2021| |Investments|2,051,027|2,051,027| |Current assets|342,445|342,445| |Creditors less than I year|(25,806)|(25,806)| |Net assets|2,367,666|2,367,666| ##