| Page | ||
|---|---|---|
| Trustees' annual report |
||
| Independent auditor's |
report to the trustees | |
| Statement offinancial | activities | |
| Statement offinancial | position | 12 |
| Statement ofcash flows | 13 | |
| Notes to the financial | statements | 14 |
| Registered | charity | name | British Friends | British Friends | British Friends | of Ezrat | Yisrael Kiryat Sefer |
|---|---|---|---|---|---|---|---|
| Charity registration | number | 1136917 | |||||
| Principal office | 66 Wellington | Street East | |||||
| Salford | |||||||
| Manchester | |||||||
| M7 4DW | |||||||
| The trustees | |||||||
| R Halpern | |||||||
| N Hassan | |||||||
| D Neuwirth | |||||||
| Auditor | Haffner Hoff |
Ltd | |||||
| Accountants | &statutory | auditor | |||||
| 2nd Floor - | Parkgates | ||||||
| Bury New Road | |||||||
| Prestwich | |||||||
| Manchester | |||||||
| M25 OTL | |||||||
| Bankers | Barclays Bank | Pic | |||||
| Manchester | Cheetham | Hill | |||||
| Cheetham | Hill | ||||||
| M8 |
| Year ende | d | 31July | 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | 6 | 6 | 6 | ||||
| Income and | endowments | ||||||
| Donations and |
legacies | 4 | 3,576,894 | 3,576,894 | 5,366,000 | ||
| Total income | 3,576,894 | 3,576,894 | 5,366,000 | ||||
| Expenditure | |||||||
| Expenditure | on | charitable | activities | 5,6 | 3,624,020 | 3,624,020 | 5,317,713 |
| Total expenditure | 3,624,020 | 3,624,020 | 5,317,713 | ||||
| Net (expenditure)lincome | and net movement | in funds | (47,126) | (47,126) | 48,287 | ||
| Reconciliation | offunds | ||||||
| Total funds | brought forward |
42,817 | 42,817 | (5,470) | |||
| Total funds | carried forward | (4,309) | (4,309) | 42,817 |
| 31July 20 | 22 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | f | 2022 | f | 2021 | ||||
| Current assets | ||||||||
| Cash at bank | and in hand |
1,007 | 55,139 | |||||
| Creditors: amounts | falling | due within one year | 13 | 5,316 | 12,322 | |||
| Net current | liabilities | (4,309) | 42,817 | |||||
| Total assets | less current | liabilities | (4,309) | 42,817 | ||||
| Net liabilities | (4,309) | 42,817 | ||||||
| Funds ofthe charity | ||||||||
| Unrestricted | funds | (4,309) | 42,817 | |||||
| Total charity | funds | 14 | (4,309) | 42,817 |
| Year ended 31July 20 | 22 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | r | ||||
| Cash flows from operating | activities | ||||
| Net (expenditure)/income | (47,126) | 48,287 | |||
| Adjustments for: |
|||||
| Accrued expenses | 116 | 280 | |||
| Changesin: | |||||
| Trade and other creditors | (7,122) | 5,616 | |||
| Cash generated from operations |
(54,132) | 54,183 | |||
| Net cash (used in)/from operating |
activities | (54,132) | 54,183 | ||
| Net (decrease)/increase in |
cash | and cash | equivalents | (54,132) | 54,183 |
| Cash and cash equivalents | at beginning | ofyear | 55,139 | 956 | |
| Cash and cash equivalents | at end ofyear | 1,007 | 55,139 |
| have been had the impair Donations and legacies |
ment not previously been rec |
ognised. | ||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| E | f | |||
| Donations | ||||
| Donations | 3,576,894 | 3,576,894 | 5,366,000 | 5,366,000 |
| Expenditur | e on charitable |
activities by fund type |
|||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| F | E | ||||
| Charitable | grants | 3,618,236 | 3,618,236 | 5,304,531 | 5,304,531 |
| Support costs | 5,784 | 5,784 | 13,182 | 13,182 | |
| 3,624,020 | 3,624,020 | 5,317,713 | 5,317,713 |
| Expendit | u | re | on char | itable activ |
ities by activity typ |
e | ||
|---|---|---|---|---|---|---|---|---|
| Grant funding | Support | Total funds | Total fund | |||||
| ofactivities | costs | 2022 | 2021 | |||||
| 6 | E | 6 | f | |||||
| Charitable | grants | 3,618,236 | 468 | 3,618,704 | 5,308,516 | |||
| Governance | costs | 5,316 | 5,316 | 9,197 | ||||
| 3,618,236 | 5,784 | 3,624,020 | 5,317,713 | |||||
| Analysis | of | support | costs | |||||
| Analysis of |
||||||||
| support costs | Total 2022 | Total 2021 | ||||||
| 6 | 6 | |||||||
| General | office | 468 | 468 | 3,986 | ||||
| Governance | costs | 5,316 | 5,316 | 9,196 | ||||
| 5,784 | 5,784 | 13,182 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | |||||
| Foreign exchange differences | (85) | 35 | |||
| 10. | Auditors' remuneration |
||||
| 2022 | 2021 | ||||
| Fees payable for the audit of | the financial | statements | 4,356 | 4,478 | |
| Fees payable to the charity's | auditor and | its associates for other services: | |||
| Other non-audit services |
960 | 4,718 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2022 | 2021 | ||
| F | |||
| Trade creditors | 5,616 | ||
| Accruals and deferred | income | 5,316 | 5,200 |
| Other creditors | 1,506 | ||
| 5,316 | 12,322 |
| At 01 | At 31 | ||||
|---|---|---|---|---|---|
| Aug 2021 | Income | Expenditure | Jul 2022 | ||
| 6 | 6 | 5 | 6 | ||
| General | funds | 42,817 | 3,576,894 | (3,624,020) | (4,309) |
| At 01 | At 31 | ||||
| Aug 2020 5 |
Income 6 |
Expenditure E |
Jul 2021 f |
||
| General | funds | (5,470) | 5,366,000 | (5,317,713) | 42,817 |
| 15. | Analysis of net a | sse | ts between funds | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | ||||||
| Funds | 2022 | |||||||
| 8 | ||||||||
| Current assets | 1,007 | 1,007 | ||||||
| Creditors less than | 1 | year | (5,316) | (5,316) | ||||
| Net liabilities | (4,309) | . | (4,309) | |||||
| Unrestricted | Total | Funds | ||||||
| Funds | 2021 | |||||||
| 8 | ||||||||
| Current assets | 55,139 | 55,139 | ||||||
| Creditors less than | 1 | year | (12,322) | (12,322) | ||||
| Net liabilities | 42,817 | 42,817 | ||||||
| 16. | Analysis ofchanges | in net debt | ||||||
| At | At | |||||||
| 1 | Aug 2021 | Cash flows | 31Jul 2022 | |||||
| L' | 6 | |||||||
| Cash at bank and | in | hand | 55,139 | (54,132) | 1,007 | |||
| 17. | Related parties |