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|Trustees||D D Morris||||
|---|---|---|---|---|---|
|||S Blumgart||||
|||G Kurland||||
|||S Rubin (Resigned|||1 February 2022)|
|||M Fruhman||||
|||S Melnick||||
|||M Bauernfreund||||
|||A Pfeffer (Resigned|||1 February 2022)|
|||A Harris||||
|Charity|registered|||||
|number||1137199||||
|Registered address||2 Hallswelle||Road||
|||London||||
|||NW11 ODJ||||
|Principal|operating|44a Albert||Road||
|office||London||||
|||NW4 2SJ||||
|Chief executive officer||Rabbi A Shaw||||
|Accountants||BKLAudit||LLP||
|||Chartered|Accountants|||
|||35 Ballards||Lane||
|||London||||
|||N3 1XW||||





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|f.|f.|f.||
|Income from:|||||||
|Donations<br>and legacies|||544,589|33,755|578,344|733,928|
|Charitable<br>activities|||161,584||161,584|160,845|
|Other trading<br>activities||||||27,713|
|Total income|||706,173|33,755|739,928|922,486|
|Expenditure<br>on:|||||||
|Charitable<br>activities||6|1,094,491|13,425|1,107,916|722,765|
|Total expenditure|||1,094,491|13,425|1,107,916|722,765|
|Net movement<br>in funds|||(388,318)|20,330|(367,988)|199,721|
|Reconciliation<br>offunds:|||||||
|Total funds brought|forward||190,305|9,737|200,042|321|
|Net movement<br>in funds|||(388,318)|20,330|(367,988)|199,721|
|Total funds carried forward|||(198,013)|30,067|(167,946)|200,042|





## 

|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||f.|||
|Tangible assets||||2,047|||
|||||2,047|||
|Current assets|||||||
|Debtors||12|3,054||148,257||
|Cash at bank and|in hand||72,792||203,008||
||||75,846||351,265||
|Creditors: amounts|falling due within one||||||
|year||13|(220,893)||(116,387)||
|Net current liabilities Iassets||||(145,047)||234,878|
|Total assets less|current liabilities|||(143,000)||234,878|
|Creditors: amounts|falling due after more||||||
|than one year||||(24,946)||(34,836)|
|Total net assets||||(167,946)||200,042|
|Charity funds|||||||
|Restricted<br>funds||15||30,067||9,737|
|Unrestricted<br>funds||15||(198,013)||190,305|
|Total funds||||(167,946)||200,042|





## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash used<br>in operating|activities||||(121,091)|83,181|
|Cash flows from financing||activities|||||
|Cash inflows from new borrowing|||||100,000|80,000|
|Repayments<br>of borrowing|||||(89,646)|(5,517)|
|Other non-cash<br>movements|||||(19,479)||
|Net cash (used in)/provided||by financing||activities|(9,125)|74,483|
|Change<br>in cash and cash||equivalents|in|the year|(130,216)|157,664|
|Cash and cash equivalents||at the beginning||ofthe year|203,008|45,344|
|Cash and cash equivalents||at the end|of|the year|72,792|203,008|





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||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
|Donations|519,589||519,589|
|Grants|25,000|33,755|58,755|
||544,589|33,755|578,344|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
|Donations|704,581||704,581|
|Grants||29,347|29,347|
||704,581|29,347|733,928|



## 

|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|Events||500|500|
|Teaching||70,418|70,418|
|Educational|Programme|86,547|86,547|
|Book sales||1,064|1,064|
|Magazine|income|3,055|3,055|
|Total 2022||161,584|161,584|





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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021f|2021|
|Events||115,379|115,379|
|Educational|programs|37,351|37,351|
|Book sales||2,581|2,581|
|Magazine|income|5,534|5,534|
|Total 2021||160,845|160,845|



## 

|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|27,713|27,713|



|Grants to|Grants to|Total|
|---|---|---|
|Institutions|Individuals|funds|
|2022|2022|2022|
|f.|f.|f.|
||128,603|128,603|





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|Grants to|Grants to|Total|
|---|---|---|
|Institutions|Individuals|funds|
|2021|2021|2021|
|27,051|117,299|144,350|



## 

|Main re|cipients of institutional<br>grants|||
|---|---|---|---|
|||2022|2021|
|||f.||
|Mizrachi|Olami||25,851|
|Mizrachi|(UK)||1,200|
||||27,051|



## 

||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|Total|
||2022|2022|2022|
|Support costs|315,619||315,619|
|Direct costs|650,269|13,425|663,694|
|Grants|128,603||128,603|
||1,094,491|13,425|1,107,916|





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|(continued)||||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|Total|
||2021|2021|2021|
|Support costs|192,434||192,434|
|Direct costs|381,871|4,110|385,981|
|Grants|118,499|25,851|144,350|
||692,804|29,961|722,765|



## 

|||||Staff costs|Depreciation|Other costs|Total|
|---|---|---|---|---|---|---|---|
|||||2022|2022|2022|2022|
|||||f.|f.|f.|f.|
|Events||||76,013|1,796|237,810|315,619|
|Teaching||||338,694||325,000|663,694|
|Mizrachi|Fellowship|Programme|Expenses|||128,603|128,603|
|||||414,707|1,796|691,413|1,107,916|
|||||Staffcosts|Depreciation|Other costs|Total|
|||||2021<br>f|2021<br>f|2021<br>f|2021f|
|Events||||37,857|501|154,076|192,434|
|Teaching||||284,116||101,865|385,981|
|Mizrachi|Fellowship|Programme|Expenses|(1)||144,351|144,350|
|||||321,972|501|400,292|722,765|





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|||||Activities|Grant|||
|---|---|---|---|---|---|---|---|
|||||undertaken|funding<br>of|Support|Total|
|||||directly|activities|costs|funds|
|||||2022|2022|2022|2022|
|Events||||||315,619|315,619|
|Teaching||||663,694|||663,694|
|Mizrachi|Fellowship|Programme|Expenses||128,603||128,603|
|||||663,694|128,603|315,619|1,107,916|
|||||Activities|Grant|||
|||||undertaken|funding<br>of|Support|Total|
|||||directly|activities|costs|funds|
|||||2021|2021|2021|2021|
|Events||||||192,434|192,434|
|Teaching||||385,981|||385,981|
|Mizrachi|Fellowship|Programme|Expenses||144,350||144,350|
|||||385,981|144,350|192,434|722,765|



## 

|||Advancing||
|---|---|---|---|
|||ofJewish|Total|
|||Religion|funds|
|||2022|2022|
|Staff costs||338,694|338,694|
|Educational|programme|16,259|16,259|
|Events||262,482|262,482|
|Magazine expenses||46,259|46,259|
|||663,694|663,694|





## 

## 

|Analysis o|fdir|ect costs (continued)|||
|---|---|---|---|---|
||||Advancing<br>of||
||||Jewish|Total|
||||Religion|funds|
||||2021|2021|
|Staff costs|||284,116|284,116|
|Educational|programme||24,232|24,232|
|Guest speakers||and trips|39,517|39,517|
|Magazine expenses|||38,116|38,116|
||||385,981|385,981|



## 

|||Advancing||
|---|---|---|---|
|||ofJewish|Total|
|||Religion|funds|
|||2022|2022|
|Staff costs||76,013|76,013|
|Depreciation||1,796|1,796|
|Rent||18,720|18,720|
|ITCosts||11,362|11,362|
|Phone charges||2,726|2,726|
|Bank charges||311|311|
|General expenses||40,699|40,699|
|Literature,<br>publishing|and printing|118|118|
|Travel||2,677|2,677|
|Accounting<br>fees||6,182|6,182|
|Shaliach expenses||126,873|126,873|
|Loan interest||1,002|1,002|
|Allowance<br>for bad debts||20,813|20,813|
|Postage||307|307|
|Advertising||2,122|2,122|
|Legal expenses||1,715|1,715|
|Motor vehicle expenses||479|479|
|Staff training||1,704|1,704|
|||315,619|315,619|





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|||Advancing<br>of||
|---|---|---|---|
|||Jewish|Total|
|||Religion|funds|
|||2021|2021|
|Staff costs||37,857|37,857|
|Depreciation||501|501|
|Rent||18,720|18,720|
|ITCosts||11,684|11,684|
|Phone charges||2,339|2,339|
|Bank charges||108|108|
|General expenses||21,779|21,779|
|Literature<br>publishing|and printing|69|69|
|Travel||16|16|
|Accounting<br>fees||5,093|5,093|
|Shaliach expenses||63,390|63,390|
|Loan interest||695|695|
|Postage||236|236|
|Advertising||25,119|25,119|
|Legal expenses||3,079|3,079|
|Motor vehicle expenses||1,153|1,153|
|Staff training||596|596|
|||192,434|192,434|



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|Staff costs||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Wages and|salaries|||338,486|276,620|
|Social security costs||||23,625|27,138|
|Contribution|to defined|contribution|pension schemes|52,596|18,214|
|||||414,707|321,972|



||2022|2021|
|---|---|---|
||No.|No.|
|Employees|21|12|



|2022|2021|
|---|---|
|No.|No.|



## 



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|||Fixtures and|Computer||
|---|---|---|---|---|
|||fittings|equipment|Total|
|Cost or valuation|||||
|At 1 January|2022|1,503|6,368|7,871|
|Additions|||3,843|3,843|
|Disposals||(1,503)||(1,503)|
|At 31 December 2022|||10,211|10,211|
|Depreciation|||||
|At 1 January|2022|1,503|6,368|7,871|
|Charge for the year|||1,796|1,796|
|On disposals||(1,503)||(1,503)|
|At 31 December 2022|||8,164|8,164|
|Net book value|||||
|At 31 December 2022|||2,047|2,047|
|At 31December 2021|||||
|Debtors|||||
||||2022|2021|
||||f.||
|Due within one year|||||
|Trade debtors|||465|123,257|
|Other debtors|||2,589||
|Prepayments|and accrued income|||25,000|
||||3,054|148,257|



## 



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|||2022|2021|
|---|---|---|---|
|Bank loans||9,891|89,647|
|Other loans||100,000||
|Trade creditors||41,031|4,400|
|Other taxation and social security||41,652|7,836|
|Other creditors||4,077|3,272|
|Accruals and deferred|income|24,242|11,232|
|||220,893|116,387|



## 

|||2022|2021|
|---|---|---|---|
|||f.||
|Bank|loans|24,946|34,836|





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||||||||Balance at|
|---|---|---|---|---|---|---|---|
|||||Balance at 1|||31|
|||||January|||December|
|||||2022|Income|Expenditure|2022|
|Unrestricted<br>funds||||||||
|General|Funds - all|funds||190,305|706,173|(1,094,491)|(198,013)|
|Restricted funds||||||||
|Chidon|Hatanach|||697|16,035|(13,425)|3,307|
|Yeshiva|8 Seminary|fundraising|campaign|||||
|Mizrachi|Fellowship|Programme||9,040|17,720||26,760|
|||||9,737|33,755|(13,425)|30,067|
|Total offunds||||200,042|739,928|(1,107,916)|(167,946)|





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|Stateme|nt offunds|- prior yea|r|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||||Balance at|||31|
|||||1January|||December|
|||||2021|Income|Expenditure|2021|
|Unrestricted<br>funds||||||||
|General|Funds - all|funds||(10,030)|893,139|(692,804)|190,305|
|Restricted funds||||||||
|Chidon|Hatanach||||4,807|(4,110)|697|
|Yeshiva|8 Seminary|fundraising|campaign|10,351|15,500|(25,851)||
|Mizrachi|Fellowship|Programme|||9,040||9,040|
|||||10,351|29,347|(29,961)|9,737|
|Total offunds||||321|922,486|(722,765)|200,042|



## 

|Analysis|of n|et assets between funds - current|year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
||||f.|f.|f.|
|Tangible|fixed|assets|2,047||2,047|
|Current|assets||45,779|30,067|75,846|
|Creditors|due|within one year|(220,893)||(220,893)|
|Creditors|due|in more than one year|(24,946)||(24,946)|
|Total|||(198,013)|30,067|(167,946)|





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|Analysis|ofn|et assets between funds - prior y|ear|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
|Current|assets||341,528|9,737|351,265|
|Creditors|due|within one year|(116,387)||(116,387)|
|Creditors|due|in more than one year|(34,836)||(34,836)|
|Total|||190,305|9,737|200,042|



## 

||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||f.||
|Net<br>income/expenditure||for|the|year|(as||per|Statement|of|Financial|||
|Activities)|||||||||||(367,988)|199,721|
|Adjustments<br>for:|||||||||||||
|Depreciation<br>charges|||||||||||1,796|501|
|Decrease/(increase)|in|debtors|||||||||143,796|(86,853)|
|Increase/(decrease)|in|creditors|||||||||59,969|(31,388)|
|Net cash provided|by/(used||in)|operating||activities|||||(162,427)|81,981|



## 

|||2022|2021|
|---|---|---|---|
|Cash|in hand|72,792|203,008|
|Total|cash and cash equivalents|72,792|203,008|





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|||||At 1||At 31|
|---|---|---|---|---|---|---|
|||||January||December|
|||||2022|Cash flows|2022|
|Cash|at bank and||in hand|203,008|(130,216)|72,792|
|Debt|due within|1|year|(89,647)|(20,244)|(109,891)|
|Debt|due after|1 year||(34,836)|9,890|(24,946)|
|||||78,525|(140,570)|(62,045)|



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