| Statement | Statement | of Receipts and Payments | |||||||
|---|---|---|---|---|---|---|---|---|---|
| for the Year ended 31 March 2023 | |||||||||
| Unrestricted | Funds | ||||||||
| 2022 | |||||||||
| F | |||||||||
| Revenue receipts | |||||||||
| 86,293 | Rental income received | 82,339 | |||||||
| 23 | 86,316 | Interest received | 169 | 82,508 | |||||
| Capital receipts | |||||||||
| Legacy | 68,283 | ||||||||
| Other receipts | |||||||||
| 29,200 | Loan to Persian Sephardi | Synagogue | repaid | ||||||
| Excess ofVAT charged | on income | over VAT suffered | |||||||
| 1,001 | 30,201 | on payments - due to |
HM | Revenue | & | Customs | |||
| 116,517 | Total Receipts | 150,791 | |||||||
| Revenue payments |
|||||||||
| Administrative expenditure |
|||||||||
| 1,716 | Insurance of property |
2,017 | |||||||
| 50 | Bank charges | 175 | |||||||
| 3,500 | 5,266 | Fess re rent review | 2,192 | ||||||
| Charitable loans. grants |
and donations | ||||||||
| Grants and donations |
|||||||||
| 30,000 | United Mashadi |
Community | of Israel | 65,000 | |||||
| Vaad Jerusalem | 28,000 | ||||||||
| 12,000 | 42,000 | Persian Sephardi | Synagogue | 12,000 | 105,000 | ||||
| 47,266 | 107,192 | ||||||||
| Capital payments | |||||||||
| Other payments | |||||||||
| VAT overpaid in error |
633 | ||||||||
| 47,266 | Total Payments | 107,825 | |||||||
| 69,251 | Excess ofReceipts over | Payments | 42,966 | ||||||
| 370,164 | Bank balances as at 31 | March 2022 | 439,415 | ||||||
| 439,415 | Bank balances as at | 31 March 2023 | 482,381 |
| Statement ofAssets and Liabilities | ||||||
|---|---|---|---|---|---|---|
| as at 31 March 2023 | ||||||
| Unrestricted | ||||||
| Funds | ||||||
| 2022 | ||||||
| Assets | ||||||
| Freehold investment property |
||||||
| 1,182,925 | At cost | 1,182,925 | ||||
| VAT overpaid recoverable |
633 | |||||
| 439,415 | Bank balances | 482,381 | ||||
| 1,622,340 | 1,665,939 | |||||
| Liabilities | ||||||
| (8,234) | VAT | (8,234) | ||||
| 1,614,106 | Net assets | 1,657,705 | ||||
| Sources of net assets | ||||||
| Unrestricted funds |
||||||
| 1,575,056 | As at 31 March | 2022 | 1,614,106 | |||
| Year ended 31 | March 2023 | |||||
| Legacy | 68,283 | |||||
| 86,316 | Revenue | receipts | 82,508 | |||
| (47,266) | 39,050 | Revenue | payments | (107,192) | (24,684) | 43,599 |
| 1,614,106 | Unrestricted funds as at 31 March 2023 |
1,657,705 |