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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Charity,|its Trustees and advisers||
|Trustees'
report||||2- 12|
|independent
auditors'|report|on the financial statements||13-16|
|Statement
offinancial|activities|||17|
|Balance sheet||||18|
|Statement ofcash flows||||19|
|Notes to the financial|statements|||20- 36|
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|REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|DETAILS|OF|OF|THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|---|---|---|
||||FOR THE YEAR ENDED 31 MARCH 2023|||||
|Trustees|||Michael Bluestone (appointed||||1 April 2022)|
||||Stewart Case (appointed||1 April 2022)|||
||||Daniel Fox (appointed
1 April||||2022)|
||||Brenda Goldberg
(resigned|||1|April 2022)|
||||Andrew
Kirshen|(resigned||1 April 2022)||
||||Jonathan
Kober (appointed|||1|April 2022)|
||||Stephen Pack (appointed|||1 April 2022)||
||||Ronald Shelley|(resigned|1 April 2022)|||
||||Ruth Smeeth (appointed||4 November 2022)|||
||||Leonard Stern|(resigned|1|April 2022)||
||||Ivan Sugarman|||||
||||Sheila Taylor (appointed||1|April 2022)||
||||Anthony
Yadgaroff (appointed||||1 April 2022)|
|Company|registered|||||||
|number|||06786615|||||
|Charity registered||||||||
|number|||1129591|||||
|Registered||office|Shield House|||||
||||Harmony
Way|||||
||||London|||||
||||NW4 2BZ|||||
|Independent||auditors|Nyman
Libson|Paul LLP||||
||||Chartered
Accountants|||||
||||124 Finchley Road|||||
||||London|||||
||||NW3 5JS|||||
|Bankers|||Bank ofScotland|||||
||||600 Gorgie Road|||||
||||Edinburgh|||||
||||EH11 3XP|||||
||||Barclays Bank|||||
||||PO Box299|||||
||||Birmingham|||||
||||B13PF|||||
|Solicitors|||Womble Bond|Dickinson||||
||||4 More London|Riverside||||
||||London|||||
||||SE1 2AU|||||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023|2023|2022|
||||Note|K||E|
|Income from:|||||||
|Donations
and|legacies|||247,344|247,344||
|Charitable
activities||||28,830|28,830||
|Investments||||31,870|31,870|80|
|Other income||||1,663,722|1,663,722||
|Total income||||1,971,766|1,971,766||
|Expenditure
on:|||||||
|Raising funds|||7,8|9,496|9,496||
|Charitable
activities|||9|249,911|249,911||
|Total expenditure||||259,407|259,407||
|Net income before||net losses on investments||1,712,359|1,712,359|80|
|Net losses on|investments|||(107,295)|(107,295)||
|Net movement|in funds|||1,605,064|1,605,064|80|
|Reconciliation|of funds:||||||
|Total funds brought||forward||208,708|208,708|208,628|
|Net movement|in funds|||1,605,064|1,605,064|80|
|Total funds carried forward||||1,813,772|1,813,772|208,708|
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|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note||||6|
|Fixed assets|||||||
|Tangible assets||14||2,704||172|
|Heritage assets||15||207,501||207,501|
|Investments||16||1,285,046|||
|||||1,495,251||207,573|
|Current assets|||||||
|Debtors||17|65,772||185||
|Cash at bank and|in hand||280,033||1,350||
||||345,805||1.535||
|Creditors: amounts|falling due within one||||||
|year||18|(27,284)||(500)||
|Net current assets||||318,521||1,035|
|Total net assets||||1,813,772||208,708|
|Charity funds|||||||
|Restricted
funds||19|||||
|Unrestricted
funds||19||1,813,772||208,708|
|Total funds||||1,813,772||208,708|
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|||2023|2022f|
|---|---|---|---|
|Cash flows from operating
activities||||
|Net cash used in operating
activities||336,701|(105)|
|Cash flows from investing
activities||||
|Dividends,
interests
and rents from investments||31,870||
|Purchase oftangible
fixed assets||(550)||
|Proceeds from sale of investments||215,647||
|Purchase
of investments||(225,818)||
|Net cash provided
by investing
activities||21,149||
|Cash flows from financing
activities||||
|Net cash provided
by financing
activities||||
|Change
in cash and cash equivalents
in|the year|357,850|(105)|
|Cash and cash equivalents
at the beginning|of the year|1,350|1,455|
|Cash and cash equivalents
at the end of|the year|359,200|1,350|
|The notes on pages 20 to 36form part ofthese financial statements||||
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2022|
|||K|E|
|Donations|190,102|190,102||
|Legacies|57,242|57,242||
||247,344|247,344||
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2023|2023|2022|
|||||||E|6|
|Income|from|charitable|activities|—Remembrance|25,689|25,689||
|Income|from|charitable|activities|- Membership|3,141|3,141||
||||||28,830|28,830||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|||E|8|K|
|Investment|income|31,870|31,870||
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2023|2023|2022|
|2,348|2,348||
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||2023f|2023
E|2022
6|
|Remembrance|||169,879|169,879||
|Welfare|||59,795|59,795||
|Jewish|Military Museum|and education|14,516|14,516||
|Record|of Honour||5,721|5,721||
||||249,911|249,911||
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||||ActIvities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total|Total|
||||directly|costs|funds|funds|
||||2023|2023|2023|2022|
|||||8|E||
|Remembrance|||33,270|136,609|169,879||
|Welfare|||22,251|37,544|59,795||
|Jewish|Military Museum|and education|9,593|4,923|14,516||
|Record|of Honour||47|5,674|5,721||
||||65,161|184,750|249,911||
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||||Jewish||||
|---|---|---|---|---|---|---|
||||Military|Record of|Total|Total|
||Remembrance|Welfare|Museum|Honour|funds|funds|
||2023|2023|2023|2023|2023|2022|
||6|6||E|6|E|
|Museum|||||||
|expenses|||9,593||9,593||
|Annual|||||||
|remembrance|||||||
|parade|28,680||||28,680||
|Welfare grants|||||||
|and expenses||22,205|||22,205||
|Other|||||||
|commemorations|3.755||||3,755||
|Travel and|||||||
|subsistence|835|||47|928||
||33,270|22,251|9,593|47|65,161||
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||Remembrance|Remembrance||||||
|---|---|---|---|---|---|---|---|
|||(including||Jewish||||
|||the annual||Military|Record of|Total|Total|
|||parade)|Welfare|Museum|Honour|funds|funds|
|||2023f|2023f|2023f|2023|2023f|2022f|
|Staff costs||65,827|17,554|4,389||87,770||
|Depreciation||541|144||37|722||
|Premises Costs||17,518|4,672||1.166|23,358||
|General office||||||||
|costs||25,092|7,528||3,228|35,846||
|Communications||||||||
|& publications||7,399|2,277|||10,245||
|Legal and||||||||
|professional|fees|9,634|2,569|||12,845||
|Presentations||||||||
|and community||||||||
|relations||2,015|632|||2,647||
|Audit fees||6,010|2,136|534||'I0,680||
|Bank charges||573|32||32|637||
|||136,609|37,544|4,923|5,674|184,750||
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|Auditors'
remuneration|||||
|---|---|---|---|---|
||||2023|2022f|
|Fees payable to the Charity's|auditor for the audit ofthe Charity's|annual|||
|accounts|||10,680||
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|Staff costs|||
|---|---|---|
||2023|2022|
|Wages|85,178||
|Social security costs|1,544||
|Pension costs|1,048||
||87,770||
|2023|2022|
|---|---|
|No.|No.|
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|||Office|Computer|Otherfixed||
|---|---|---|---|---|---|
|||equipment|equipment|assetsf|Total
6|
|Cost or|valuation|||||
|At 1 April|2022|||172|172|
|Additions||550|||550|
|Transfers|in|23,063|17,802||40,885|
|At 31 March 2023||23,613|17,802|172|41,587|
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||Office|Computer|Other fixed||
|---|---|---|---|---|
||equipment|equipment|assets|Total|
||8|5|E|E|
|Depreciation|||||
|Charge for the year|722|||722|
|Transfers
intra group|20,360|17.801||38,161|
|At 31 March 2023|21,082|17.801||38,883|
|Net book value|||||
|At 31 March 2023|2,531||172|2,704|
|At 31 March 2022|||172|172|
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|||||||Museum|
|---|---|---|---|---|---|---|
|||||||Artifacts|
|||||||Collertion|
|||||||2023|
|Carrying|value|at|1|April|2022|207,501|
|||||||207,501|
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|||||Listed|Unhsted||
|---|---|---|---|---|---|---|
|||||investments|investments|Total|
|||||6|||
|Cost or valuation|||||||
|Additions||||225,818|(225,818)||
|Disposals||||(215,647)|215,647||
|Revaluations||||(107,295)||(107,295)|
|Transfers
in||||1,303,003|85 063|1 388066|
|Net of dividends|reinvested,|fees deducted|and withdrawals||4,275|4,275|
|At 31 March 2023||||1,205,879|79,167|1,285,046|
|Net book value|||||||
|At 31 March 2023||||1,205,879|79,167|1,285,046|
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|Debtors||||
|---|---|---|---|
|||2023|2022|
||||E|
|Due within one year||||
|Other debtors|||185|
|Prepayments|and accrued income|65,772||
|||65,772|185|
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||||2023|2022|
|---|---|---|---|---|
||||E|E|
|Loans from AJEX Branches|||11,816||
|Other taxation|and social security||1,478||
|Other creditors|||2,099||
|Accruals and deferred||income|11,891||
||||27,284|500|
##
|Stateme|nt
o|ffunds - curren|t year|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1|||Gains/|31 March|
||||April 2022|Income|Expenditure|(Losses)|2023|
||||E||E|2|6|
|Unrestricted||funds||||||
|General|Funds - all funds||208,708|1,971,766|(259,407)|(107,295)|1,813,772|
|Stateme|nt o|ffunds
-prior year||||
|---|---|---|---|---|---|
||||Balance at||Balance at|
||||1January||31 March|
||||2021|Income|2022|
||||6|||
|Unrestricted||funds||||
|General|Funds - all funds||208,628|80|208,708|
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|Analysis|ofnet assets between funds - current yea|r||
|---|---|---|---|
|||Unrestricied|Total|
|||funds|funds|
|||2023|2023|
|||E|E|
|Tangible|fixed assets|2,704|2,704|
|Fixed asset investments||1,285,046|1,285,046|
|Heritage|assets|207,501|207,501|
|Current|assets|345,805|345,805|
|Creditors|due within one year|(27.284)|(27,284)|
|Total||1,813,772|1,813,772|
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|Analysis|ofnet assets between funds - prior year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2022|2022|
|||E||
|Tangible|fixed assets|172|172|
|Heritage|assets|207,501|207,501|
|Current|assets|1,535|1,535|
|Creditors|due within one year|(500)|(500)|
|||208,708|208,708|
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6||
||Net income for the year (as per Statement of Financial|||||Activities)||1,605,064||
||Adjustments
for:|||||||||
||Depreciation
charges|||||||722||
||Losses on revaluation||of investments|||||107,295||
||Dividends,
interests|and rents from investments||||||(31,870)||
||Increase
in debtors|||||||(65,587)|(186)|
||Increase
in creditors|||||||26,784||
||Transfer ofassets on||merger|—Investments||||(1,303,003)||
||Transfer ofassets on||merger|—Tangible|fixed assets|||(2,704)||
||Net cash provided|by/(used||in) operating
activities||||336,701|01060|
|22.|Analysis ofcash and cash|||equivalents||||||
|||||||||2023|2022|
||||||||||6|
||Cash
in hand|||||||280,033|1.350|
||Cash held
in investments|||||||79,167||
||Total cash and cash||equivalents|||||359,200|1.350|
|23.|Analysis ofchanges||in net|debt||||||
||||||||At 1 April||At 31 March|
||||||||2022|Cash flows|2023|
|||||||||2||
||Cash at bank and in|hand|||||1,350|278,683|280,033|
||Liquid investments|||||||79,167|79,167|
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