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

PDF
Markdown

2022-03-31-accounts

				PAGE
Trustees'	annual report (incorpomting	the	director's report)
Independent examiner's report to the		nustees
Statement	offinancial activities (including		income and expenditure
account)
Statement	offinancial position
Statement	ofcash flows
Notes to	the financial statements

	YEAR END	ED 31MAR	CH 2022	CH 2022
			2022		2021
			Unrestricted
			funds	Total funds	Total funds
		Note
INCOME AND ENDOWMENTS
Donations and legacies		5	705,000	705,000	879,000
Investment income		6	285,021	285,021	260,653
TOTAL INCOME			990,021	990,021	1,139,653
EXPENDITURE
Expenditure on raising funds:
Investment management	costs	7	(28,739)	(28,739)	(17,878)
Expenditure on charitable activities		8,9	(538,582)	(538,582)	(438,266)
TOTAL EXPENDITURE			(567,321)	(567,321)	(456,144)
Net gains on investments		11	300,000	300,000
NET INCOME AND NET MOVEMENT IN FUNDS			722,700	722,700	683,509
RECONCILIATION OF FUNDS
Total funds brought forward			5,265,594	5465,594	4,582,085
TOTAL FUNDS CARRIED	FORWARD		5,988,294	5988,294	5365,594

			2022		2021
		Note
FIXEDASSETS
Investments		16		2400,000	2,200,000
CURRENT ASSETS
Debtors		17	1,019,849		439,101
Cash at bank and in hand			2,534,542		2,691,914
			3,554,391		3,131,015
CREDITORS: amounts	falling due within one
year		18	(66,097)		(65,421)
NET CURRENT ASSETS				3,488,294	3,065,594
TOTAL ASSETSLESS	CURRENT LIABILITIES			5g88,294	5,265,594
NET ASSETS				5,988,294	5,265,594
FUNDS OF THE CHARITY
Unrestricted funds				5,988,294	5,265,594
TOTAL CHARITY FUNDS		19		5,988,294	5,265,594

Y	EARENDED 31MARCH 2022
		2022	2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net income		722,700	683,509
Adjustments for:
Net gains on investments		(300,000)
Dividends, interest and rents from	investments	(2564&3)	(242,775)
Accrued expenses		600	1,200
Changes in:
Trade and other debtors		(569,500)	(295,000)
Tmde and other creditors			4,500
Cash generated from operations		(402,483)	151,434
Net cash (used in)/from operating	activities	(402,483)	151,434
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interest and rents from	investments	245,111	211,993
Net cash from investing activities		245,111	211,993
NET (DECREASE)/INCREASE	IN CASH AND CASH
EQUIVALENTS		(157,372)	363,427
CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR		2,691,914	2,328,487
CASH AND CASH EQUIVALENTS AT END OFYEAR		2si34,542	2,691,914

							Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
	DONATIONS
	Donations						705,000	705,000	879,000	879,000
6.	INVESTMENT INCOME
							Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
	Income from investment			properties			285,021	285,021	260,653	260,653
7.	INVESTMENT MANAGEMENT					COSTS
							Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
	Investment Investment	property property	management expenses		fees		11,548 17,191	11,548 17,191	10,462 7,416	10,462 7,416
							28,739	28,739	17,878	17,878

EXPEN	DITURE ON CH	ARITABLE ACTIVITIE	S BYFUND T	YPE
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
Grants		528,242	528,242	428,788	428,788
Support	costs	10,340	10440	9,478	9,478
		538,582	538,582	438,266	438,266

ENDITURE	ON CHARIT	ABLE ACTIVITIE	S BYA	CTIVI	TY TYPE
		Activities
		undertaken			Total funds	Total fund
		directly	Support	costs	2022	2021
				z
Grants		528,242			528,242	428,788
Governance	costs			10,340	10440	9,478
		528,242		10,340	538,582	438,266

Chevras Mo'Oz Ladol				94,000
Zichron Yecheskel Trust (ZYT)				50,000
YG SYeshiva Gedola	Seminar			31,620
Chasdei Esther				20,000
UTRY				19,000
The Bais Rochel Dsatmar Charitable			Trust	16,800
Mifal Tzedoko V'Chesed Limited				15,000
Ben Amram Charitable	Trust			13,280
Machzikei Lomdei Torah				10,700
Amud Hatzdokoh Trust				10,600
Darkei Chaim				10,500
BeisAharon Trust Ltd				10,200
Chaim Charitable Company		Limited		10,000
Chareidim Beis Shaymesh				10,000
Chasdei Shlomo				10,000
Live And Learn				10,000
The Friends ofYeshivas	Brisk			10,000
Less than 510,000				176,542
Total				528,242

10.	ANALYSIS		OF SUPPO	RT C	OSTS
								Grants	Total 2022	Total 2021
	Governance	costs						10,340	10,340	9,477
11.	NET GAINS		ON INVESTMENTS
							Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2022	Funds	2021
									I,
	Gains/(losses)		on investment property				300,000	300,000
12.	AUDITORS		REMUNERATION
									2022	2021
	Fees payable		for the audit	of the	financial		statements			3,600
13.	INDEPENDENT EXAMINATION					FEES
									2022	2021
	Fees payable		to the independent		examiner for:
	Independent		examination	ofthe	financial		statements		3,600

YEARENDED 31MARCH 2 INVESTMENTS	022
	Investment
	properties
Cost or valuation
At 1 April 2021	2400,000
Additions
Fair value movements	300,000
At 31March 2022	2,500,000
Impairment
At 1April 2021 and 31March 2022
Carrying amount At 31March 2022	2/00,000
At 31March 2021	2,200,000

17.	costofthe properties at 3 DEBTORS	1March 2022 is11,216,091.
			2022	2021
	Trade debtors		132,349	121,101
	Other debtors		887,500	318,000
			1,019,849	439,101
18.	CREDITORS: amounts	falling due within one year
			2022	2021
	Accruals and deferred income		61,097	60,421
	Other creditors		5,000	5,000
			66,097	65,421

Unrestri	cted funds
		At				At
		1 April			Gains and	31March
		2021	Income	Expenditure	losses	2022
				f.
General	funds	5/65,594	990,021	(567,321)	300,000	5,988,294
						At
		At 1 April			Gains and	31March
		2020	Income	Expenditure	losses	2021
						f.
General	funds	4,582,085	1,139,653	(456,144)		5,265,594

ANALYSIS OF N	ET ASSETS BETWEEN FUN	DS
			Unrestricted	Total Funds
			Funds	2022
Investments			2,500,000	2,500,000
Current assets			3,554,391	3,554,391
Creditors less than	1 year		(66,097)	(66,097)
Net assets			5,988,294	5,988,294
			Unrestricted	Total Funds
			Funds	2021
			f
Investments			2,200,000	2,200,000
Current assets			3,131,015	3,131,015
Creditors less than	1year		(65,421)	(65,421)
Net assets			5,265,594	5,265,594
ANALYSIS OF CHANGES IN NET DEBT
		At		At
		1 Apr 2021	Cash flows	31Mar 2022
Cash at bank and in hand		2,691,914	(157,372)	2434,542