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|---|---|---|---|---|
|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|
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||||||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|
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||||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:|||||
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|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|
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|||||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|
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|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|
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|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|
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|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|
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|||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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||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|
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|||||||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)|
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