| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Note | f. | f. | f. | |||
| Income from: | ||||||
| Donations and legacies |
2 | 2,102,200 | 790,000 | 2,892,200 | 5,484,217 | |
| Investments | 3 | 48,589 | 48,589 | 7,214 | ||
| Total income | 2,102,200 | 838,589 | 2,940,789 | 5,491,431 | ||
| Expenditure on: |
||||||
| Charitable activities |
3,771,759 | 1,114,918 | 4,886,677 | 846,591 | ||
| Total expenditure | 3,771,759 | 1,114,918 | 4,886,677 | 846,591 | ||
| Net (expenditure)/income | before net | |||||
| losses on investments | (1,669,559) | (276,329) | (1,945,888) | 4,644,840 | ||
| Net losses on investments | (44,999) | (44,999) | ||||
| Net movement in funds |
(1,669,559) | (321,328) | (1,990,887) | 4,644,840 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward |
4,000,000 | 1,352,229 | 5,352,229 | 707,389 | ||
| Net movement in funds |
(1,669,559) | (321,328) | (1,990,887) | 4,644,840 | ||
| Total funds carried forward | 2,330,441 | 1,030,901 | 3,361,342 | 5,352,229 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Note | f. | ||||||
| Current assets | |||||||
| Debtors | 9 | 480,000 | 4,000,000 | ||||
| Investments | 10 | 993,404 | 208,000 | ||||
| Cash at bank and | in hand | 2,038,535 | 1,215,229 | ||||
| 3,511,939 | 5,423,229 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 11 | (150,597) | (57,000) | ||||
| Net current assets | 3,361,342 | 5,366,229 | |||||
| Total assets less | current liabilities | 3,361,342 | 5,366,229 | ||||
| Creditors: amounts | falling due after more | ||||||
| than one year | 12 | (14,000) | |||||
| Net assets excluding | pension asset | 3,361,342 | 5,352,229 | ||||
| Total net assets | 3,361,342 | 5,352,229 | |||||
| Charity funds | |||||||
| Restricted funds |
13 | 2,330,441 | 4,000,000 | ||||
| Unrestricted funds |
13 | 1,030,901 | 1,352,229 | ||||
| Total funds | 3,361,342 | 5,352,229 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | 1,651,265 | 731,704 | |
| Cash flows from investing | activities | |||
| Dividends, interests and rents from investments |
(48,589) | (89) | ||
| Proceeds from sale of investments | 10,630 | 1,122,125 | ||
| Gift of investments | (790,000) | (1,323,000) | ||
| Net cash used in investing | activities | (827,959) | (200,964) | |
| Change in cash and cash |
equivalents in |
the year | 823,306 | 530,740 |
| Cash and cash equivalents | at the beginning | ofthe year | 1,215,229 | 684,489 |
| Cash and cash equivalents | at the end of | the year | 2,038,535 | 1,215,229 |
| The notes on pages 17to 28 form part ofthese financial statements |
| Restricted | Unrestricted | Total |
|---|---|---|
| funds | funds | funds |
| 2023 | 2023 | 2023 |
| 2,102,200 | 790,000 | 2,892,200 |
| Restricted | Unrestricted | Total |
|---|---|---|
| funds | funds | funds |
| 2022 | 2022 | 2022 |
| 4,036,000 | 1,448,217 | 5,484,217 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2023 | 2023 | |
| Income from listed investments | 40,581 | 40,581 |
| Bank interest | 8,008 | 8,008 |
| 48,589 | 48,589 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2022 | 2022 | |
| Income from listed investments | 7,125 | 7,125 |
| Bank interest | 89 | 89 |
| 7,214 | 7,214 |
| Grants to | Total |
|---|---|
| Institutions | funds |
| 2023 | 2023 |
| 4,654,512 | 4,654,512 |
| Grants to | Total |
|---|---|
| Institutions | funds |
| 2022 | 2022 |
| 743,928 | 743,928 |
| The charity has taken the statutory exemption under Ch recipients during the lifetime ofthe settlor ofthe trust |
arity law from disclosing the names of |
grant |
|---|---|---|
| 2023 | 2022 | |
| Analysis ofgrant expenditure | ||
| Community | 352,939 | 152,237 |
| Peace and dialogue | 17,000 | 40,000 |
| Welfare | 222,176 | 35,000 |
| Education | 287,923 | 60,927 |
| Miscellaneous | 674,369 | 32,476 |
| Women | 410,325 | 151,538 |
| Refugees | 2,689,780 | 271,750 |
| 4,654,512 | 743,928 |
| Grant | ||
|---|---|---|
| funding of |
Support | Total |
| activities | costs | funds |
| 2023 | 2023 | 2023 |
| f. | f. | f. |
| 4,654,512 | 232,165 | 4,886,677 |
| Grant | ||
|---|---|---|
| funding of |
Support | Total |
| activities | costs | funds |
| 2022 | 2022 | 2022 |
| 743,928 | 102,663 | 846,591 |
| Total | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| Staff costs | 146,856 | 96,069 | ||
| Consultancy | 63,480 | |||
| General expenses | 2,599 | 446 | ||
| Bank fees | 462 | 148 | ||
| Subscriptions | 888 | |||
| IT | 80 | |||
| Bad debt provision | for loan | 10,000 | ||
| Accountancy | fees | 7,800 | 6,000 | |
| 232,165 | 102,663 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| f. | |||||
| Wages and | salaries | 120,248 | 79,602 | ||
| Social security costs | 17,094 | 9,764 | |||
| Contribution | to defined | contribution | pension schemes | 9,514 | 6,703 |
| 146,856 | 96,069 |
| 2023 | 2022 | ||
|---|---|---|---|
| Accruals and deferred | income | 7,800 | 6,000 |
| Multi-Year grant commitments | 142,797 | 51,000 | |
| 150,597 | 57,000 |
| 2023 | 2022 |
|---|---|
| f. | |
| 14,000 |
| Statemen | t offunds - curren | t year | ||||
|---|---|---|---|---|---|---|
| Balance at 6 | Gains/ | Balance at 5 | ||||
| April 2022 | Income | Expenditure | (Losses) | April 2023 | ||
| Unrestricted funds |
||||||
| General | Funds - all funds | 1,352,229 | 838,589 | (1,114,918) | (44,999) | 1,030,901 |
| Restricted funds | ||||||
| Refugee | fund (2) | 4,000,000 | 2,100,000 | (3,769,559) | 2,330,441 | |
| Refugee | fund (3) | 2,200 | (2,200) | |||
| 4,000,000 | 2,102,200 | (3,771,759) | 2,330,441 | |||
| Total of | funds | 5,352,229 | 2,940,789 | (4,886,677) | (44,999) | 3,361,342 |
| Statement offunds (continued) | ||||
|---|---|---|---|---|
| Statement offunds - prior year | ||||
| Balance at | Balance at | |||
| 1April 2021 | Income | Expenditure | 5April 2022 | |
| Unrestricted funds |
||||
| General Funds - all funds |
698,024 | 1,455,431 | (801,226) | 1,352,229 |
| Restricted funds | ||||
| Refugee fund (1) | 36,000 | (36,000) | ||
| Jewish action on climate change | 9,365 | (9,365) | ||
| Refugee fund (2) | 4,000,000 | 4,000,000 | ||
| 9,365 | 4,036,000 | (45,365) | 4,000,000 | |
| Total offunds | 707,389 | 5,491,431 | (846,591) | 5,352,229 |
| Summary | offunds - cu | rrent year | ||||
|---|---|---|---|---|---|---|
| Balance at 6 | Gains/ | Balance at 5 | ||||
| April 2022 | Income | Expenditure | (Losses) | April 2023 | ||
| f. | f. | f. | f. | f. | ||
| General funds | 1,352,229 | 838,589 | (1,114,918) | (44,999) | 1,030,901 | |
| Restricted | funds | 4,000,000 | 2,102,200 | (3,771,759) | 2,330,441 | |
| 5,352,229 | 2,940,789 | (4,886,677) | (44,999) | 3,361,342 |
| Summary | offunds - prior year | ||||
|---|---|---|---|---|---|
| Balance at | Balance at | ||||
| 1April 2021 | Income | Expenditure | 5April 2022 | ||
| General funds | 698,024 | 1,455,431 | (801,226) | 1,352,229 | |
| Restricted | funds | 9,365 | 4,036,000 | (45,365) | 4,000,000 |
| 707,389 | 5,491,431 | (846,591) | 5,352,229 |
| Analysis of net assets between funds - current year | |||
|---|---|---|---|
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| f. | f. | f. | |
| Fixed asset investments | 51,033 | 51,033 | |
| Current assets | 2,330,441 | 1,130,465 | 3,460,906 |
| Creditors due within one year | (150,597) | (150,597) | |
| Total | 2,330,441 | 1,030,901 | 3,361,342 |
| Analysis ofnet assets between funds - prior year | |||
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| Current assets | 4,000,000 | 1,423,229 | 5,423,229 |
| Creditors due within one year | (57,000) | (57,000) | |
| Creditors due in more than one year | (14,000) | (14,000) | |
| Tl | 4,000,000 | 1,352,229 | 5,352,229 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Net income/expenditure for the year (as per Statement |
of Financial | ||||
| Activities) | (1,990,887) | 4,644,840 | |||
| Adjustments for: |
|||||
| Losses on investments | (44,999) | (7,125) | |||
| Dividends, interests |
and rents from | investments | 48,589 | 89 | |
| Decrease/(increase) | in debtors | 3,520,000 | (3,975,000) | ||
| Increase/(decrease) | in creditors | 79,597 | 68,900 | ||
| Other non cash movements | 38,965 | ||||
| Net cash provided | by operating | activities | 1,651,265 | 731,704 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f. | |||||
| Cash | in hand | 2,038,535 | 1,215,229 | ||
| Total | cash and cash | equivalents | 2,038,535 | 1,215,229 | |
| 18. | Analysis ofchanges | in net debt |
| Other non- | ||||||
|---|---|---|---|---|---|---|
| At 6April | cash | At 5April | ||||
| 2022 | Cash flows | changes | 2023 | |||
| Cash | at bank and | in hand | 1,215,229 | 823,306 | 2,038,535 | |
| Liquid | investments | 208,000 | 734,371 | 942,371 | ||
| 1,423,229 | 823,306 | 734,371 | 2,980,906 |