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2020-06-30-accounts

PAGE
Trustees' Annual
Report (Incorporating		 the Director's Report)
Independent
Auditor's		 Report to the Members
Statement ofFinancial Activities including Income and Expenditure
Account)
Statement ofFinancial Position 10
Statement ofCash Flows
Notes to the Financial Statements 12

2020 2019
Unrestricted Restricted
funds funds Total funds Total funds
Note
Income and endowments
Donations
and legacies		 5 3,262,472 620 3,263,092 3,345,368
Investment
income		 6 39,668 39,668 53,747
Total income 3,302,140 620 3,302,760 3,399,115
Expenditure
Expenditure
on raising funds:
Costs ofother trading activities 7 (6,802) (6,802) (1,994)
Expenditure
on charitable		 activities 8,9 (3,333,970) (14,216) (3,348,186) (3,337,377)
Total expenditure (3,340,772) (14,216) (3,354,988) (3,339,371)
Net (expenditure)/income and net
movement
in funds		 (38,632) (13,596) (52,228) 59,744
Reconciliation
offunds
Total funds brought forward 1,218,214 13,596 1,231,810 1,172,066
Total funds carried forward 1,179,582 1,179,582 1,231,810

30JU NE 2020
2019
Nots
FIXEDASSETS
Tantpble fiscd assets 15 Ic537c055 1,400,836
CURRENT ASSETS
Debtors
Cash atbank and inhead		 16 163,920
39~		 53,079
356,812
203+18 409,891
CREDITORSr amounts falhng due
within oaeyear 18 (41c455) (59,094)
NET CURRENT ASSETS 162,163 350,797
TOTAL ASSETSLESSCURRENT
LIAIHLITIES 1,699c218 1,751,633
CREDITORS: amouats falhng dae
after more than one year 19 (519,636) (519,823)
NET ASSETS 1,179~ 1,231,810
FUNDS OFTHE CHARITY
Restricted funds 13,596
Umusblcted
funds		 1318,214
Total charity funds
20
These financia~have
been prepaid
in~ce with the provisions
companies subject tothe small companies'
regime.
These financial~were appmved
by the board oftrustees
snd authorised		 1431,810
applicable
to
for issue on 4
February 2022, and mu signed on behalf ofthe board by:

YEA RENDED 30JUNE 2020
2020 2019
Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net (expenditure)/income (52,228) 59,744
Adjustments for:
Depreciation oftangible fixed assets
Investment
income		 6,502
(39,668)		 7,648
(53,747)
Interest payable
and similar charges
Accrued expenses		 14,055
6,480		 15,515
4,440
Changes
in:
Trade and other debtors		 (99,290) (26,710)
Trade and other creditors 2,110 (6,684)
Cash generated
from operations		 (162,039) 206
Net cash (used in)/from
operating
activities		 (162,039) 206
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase oftangible assets (142,721) (52,791)
Rent received 26,848 40,309
Net cash used in investing
activities		 (115,873) (12,482)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments ofborrowings (26,002) (34,928)
Interest paid (14,055) (15,515)
Net cash used in financing
activities		 (40,057) (50,443)
NET DECREASE IN CASH AND CASH EQUIVALENTS (317,969) (62,719)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 356,812 419,531
CASH AND CASH EQUIVALENTS AT END OFYEAR 17 38,843 356,812

Unrestricted Restricted Total Funds
Funds Funds 2020
DONATIONS
Donations received 3,262,472 620 3,263,092
Unrestricted Restricted Total Funds
Funds Funds 2019
DONATIONS
Donations received 3,344,668 700 3,345,368
6. INVESTMENT INCOME
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
Interest receivable and similar income 6,893 6,893 8,107 8, 107
Rental income 32,775 32,775 45,640 45,640
39,668 39,668 53,747 53,747

COSTS OF OTHER TRADI NG ACTIVITIES
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
Property Outgoings 6,802 6,802 1,994 1,994

EXPEND ITURE ON CHARITABL E ACTIVITIES BYFUND T YPE
Unrestricted Restricted Total Funds
Funds Funds 2020
Charitable activities 3,317,524 14,216 3,331,740
Support costs 16,446 16,446
3,333,970 14,216 3,348,186
Unrestricted Restricted Total Funds
Funds Funds 2019
Charitable activities 3,319,479 3319479
Support costs 17,898 17,898
3,337,377 3,337,377

EXPENDI TURE ON CHARITABLE ACTIVITIE S BYACTIVI TY TYPE
Activities
undertaken Grant funding Total funds Total fund
directly ofactivities Support costs 2020 2019
Charitable activities 250,822 3,080,918 3i331740 3,319,479
Governance costs 16,446 16,446 17,898
250,822 3,080,918 16,446 3,348,186 3,337,377

Analysis of
support costs Total 2020 Total 2019
General office 211 211 190
Finance costs 2,905 2,905 4,050
Governance costs 13,330 13,330 13,658
16,446 16,446 17,898

The composition o fdonations
is shown below.
2020
Congregation
Bais		 Sinai Zmigrad 21,508
Mosdos Bobov 2,668,139
Mosdos Polnuah 150,560
Fundacja Chasydow Lezajsk Polska 40,000
Shear Hashamayim 39,500
Sundry donations less than f20,000 161,211
3,080,918

NET (EXPENDITURE)/INCOME NET (EXPENDITURE)/INCOME
Net (expenditure)/income
is stated after charging/(crediting):
2020 2019
Depreciation oftangible fixed assets 6,502 7,648
Fees payable for the audit ofthe financial statements 12,480 10,440

TANGIBLE FIXED ASSETS
Land and Fixtures and
buildings fittings Library Total
Cost
At
1 July 2019		 1,357,494 79,827 40,500 1,477,821
Additions 142,721 142,721
At 30June 2020 1,500,215 79,827 40,500 1,620,542
Depreciation
At
1 July 2019		 61,357 15,628 76,985
Charge for the year 2,771 3,731 6,502
At 30June 2020 64,128 19,359 83,487
Carrying
amount
At 30June 2020 1,500,215 15,699 21,141 1,537,055
At 30June 2019 1,357,494 18,470 24,872 1,400,836

16. and synagogue
and for pro
DEBTORS		 viding
Jewish education.
2020 2019
Trade debtors 19,420 14,762
Other debtors 144,500 38,317
163,920 53,079
17. CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise the following:
2020 2019
Cash at bank and in hand 39,698 356,812
Bank overdraits (855)
38,843 356,812

CREDITORS: amounts
falling due within
one ye		 ar
2020 2019
Bank loans and overdrafts 10,720 35,680
Trade creditors 1,690
Accruals and deferred income 18,480 12,000
Other creditors 12,255 9,724
41,455 59,094

CRE DITO RS: amounts
falling due after more		 than one year
2020 2019
f.
Bank loans and overdrafts 519,636 519,823

Unrestricte d
funds
At At
1July 2019 Income Expenditure
30June 2020
General funds 622,450 3,299,060 (3,198,051) 723,459
Designated Fund - Building Fund 595,764 3,080 (142,721) 456,123
1,218,214 3,302,140 (3,340,772) 1,179,582
At At
1 July 2018 Income Expenditure 30June 2019
General funds 551,086 3,357,944 (3,286,580) 622,450
Designated Fund - Building Fund 608,084 40,471 (52,791) 595,764
1,159,170 3,398,415 (3,339,371) 1,218,214

Restricte d funds
At At
I July 2019 Income Expenditure 30June 2020
Restricted Fund 13,596 620 (14,216)
At At
I July 2018 Income Expenditure 30June 2019
1
Restricted Fund 12,896 700 13,596
21. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Restricted Total Funds
Funds Funds 2020
f,
Tangible
Current		 fixed assets
assets		 1,537,055
203,618		 1,537,055
203,618
Creditors less than I year (41,455) (41,455)
Creditors greater than I year (519,636) (519,636)
Net assets 1,179,582 1,179,582
Unrestricted Restricted Total Funds
Funds Funds 2019
I,
Tangible fixed assets 1,400,836 1,400,836
Current assets 396,295 13,596 409,891
Creditors less than I year (59,094) (59,094)
Creditors greater than I year (519,823) (519,823)
Net assets 1,218,214 13,596 1,231,810
22. FINANCIAL INSTRUMENTS
The carrying amount for each category offinancial instrument
is as follows:
2020		 2019
Financial assets that are debt instruments measured at amortised cost
Financial assets that are debt instruments measured at amortised
cost 163,920 53,079
Financial liabilities measured at amortised cost
Financial liabilities measured at amortised cost 561,091 578,917

At
At 1 Jul 2019 Cash flows 30Jun 2020
Cash at bank and in hand 356,812 (317,114) 39,698
Bank overdraits (855) (855)
Debt due within one year (35,680) 25,815 (9,865)
Debt due after one year (519,823) 187 (519,636)
(198,691) (291,967) (490,658)