2021-12-31-accounts - Laniado Hospital UK

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

					PAGES
Trustees'	annual report	(incorporating	the	director's report)	1to4
Independent examiner's report to the			trustees
Statement	offinancial	activities (including		income and expenditure
account)
Statement	offinancial	position
Statement	ofcash flows
Notes to	the financial	statements			9to 14

				2021		2020
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note			8
INCOME AND ENDOWMENTS
Donations and legacies		5	570,500	29,334	599,834	574,739
Investment income		6	1,210		1/10	1,210
TOTAL INCOME			571,710	29,334	601,044	575,949
EXPENDITURE
Expenditure on raising funds:
Costs ofraising donations	and	legacies	(194,890)		(194,890)	(166,181)
Expenditure on charitable activities		7,8	(447,638)	(29,334)	(476,972)	(317,964)
TOTAL EXPENDITURE			(642,528)	(29,334)	(671,862)	(484,145)
NET (EXPENDITURE)/INCOME		AND
NET MOVEMENT IN FUNDS			(70,818)		(70,818)	91,804
RECONCILIATION OFFUNDS
Total funds brought forward			108,979		108,979	17,175
TOTAL FUNDS CARRIED	FORWARD		38,161		38,161	108,979

		2021		2020
	Note
CURRENT ASSETS
Debtors	13	30,791		29,581
Cash at bank and in hand		20,314		95,935
		51,105		125,516
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR	15	(12,944)		(16,537)
NET CURRENT ASSETS			38,161	108,979
TOTAL ASSETSLESS CURRENT LIABILITIES			38,161	108,979
NET ASSETS			38,161	108,979
FUNDS OFTHE CHARITY
Unrestricted funds			38,161	108,979
TOTAL CHARITY FUNDS	16		38,161	108,979

						2021	2020
					Note
Cash flows from operating		activities
Net (expenditure)/income						(70,818)	91,804
Adjustments for:
Other interest receivable	and similar income					(1410)	(1,210)
Accrued income						(5,602)	(1,262)
Changes in:
Trade and other creditors						2,047	2,451
Cash generated from operations						(75,583)	91,783
Net cash (used in)/from	operating		activities			(75,583)	91,783
Net (decrease)/increase	in	cash	and cash	equivalents		(75,583)	91,783
Cash aad cash equivalents		at beginning		ofyear		95,897	4,114
Cash and cash equivalents		at end ofyear			14	20,314	95,897

8.	EXPENDITURE ON	CHA	RITABLE	RITABLE		AC	TIVITIE	S BY	ACTIVI	TY TYPE
			Activities
		undertaken			Grant		funding			Total funds	Total fund
				directly		ofactivities		Support costs		2021	2020
				f.					f.
	Support to Laniado
	Hospital in Israel			17,605			452,421			470,026	311,488
	Governance costs								6,946	6,946	6,476
				17,605			452,421		6,946	476,972	317,964
9.	NET (EXPENDITURE)/INCOME
	Net (expenditure)/income	is	stated after		charging/(crediting):
										2021	2020
	Foreign exchange differences										(183)
10.	INDEPENDENT EXAMINATION FEES
										2021	2020
	Fees payable to the independent			examiner for:
	Independent examination	of	the	financial		statements				6,000	6,000
11.	STAFF COSTS
	The total staff costs and	employee benefits for the reporting							period are analysed as		follows:
										2021	2020
	Wages and salaries									95,153	87,150
	Social security costs									6,048	4,463
	Employer contributions	to pension plans								2,054	2,037
										103855	93,650

14.	CASH AND CASH EQ	UIVALENTS	UIVALENTS
	Cash and cash equivalents	comprise the following:
					2021	2020
	Cash at bank and in hand				20,314	95,935
	Bank overdrafts					(38)
					20/14	95,897
15.	CREDITORS: amounts	falling due within	one year
					2021	2020
	Bank loans and overdrafts					38
	Accruals and deferred income				5,895	11,497
	Social security and other	taxes			7,049	4,535
	Other creditors					467
					12,944	16,537
16.	ANALYSIS OF CHARITABLE FUNDS
	Unrestricted funds
						At
		At 1 January			31	December
			2021	Income	Expenditure	2021
			f.			8
	General funds		108,979	571,710	(642,528)	38,161
						At
		At I January			31	December
			2020	Income	Expenditure	2020
	General funds		17,175	404,592	(312,788)	108,979

YEAR ENDED 31DECEM ANALYSIS OF CHARITABLE FUNDS (conunued) Restricted funds	BER2021
				At
At I January		31December
2021	Income	Expenditure		2021
				8
Restricted Funds	29,334	(29,334)
				At
At I January		31 December
2020	Income	Expenditure		2020
Restricted Funds	171,357	(171,357)
ANALYSIS OFNET ASSETSBETWEEN FUNDS
		Unrestricted	Total	Funds
		Funds		2021
Current assets		51,105		51,105
Creditors less than I year		(12,944)	(12,944)
Net assets		38,161		38,161
		Unrestricted	Total Funds
		Funds		2020
Current assets		125,516	125,516
Creditors less than I year		(16,537)	(16,537)
Net assets		108,979	108,979