2021-10-31-accounts

						Page
Trustees'	annual report		(incorporating	the	director's report)
Independent examiner's			report to the	trustees
Statement	offinancial		activities (including		income and expenditure
account)
Statement	offinancial		position
Notes to	the financial	statements

Reference	and administrative d	and administrative d	and administrative d	etails
Registered	charity name			The AA Trust
Charity registration			number	1139322
Company	registration		number	07413901
Principal	office and registered			Lower Ground Floor
office				43 Stamford Hill
				London
				N16 5SX
The trustees				Mr A Lipschitz
				Mrs D Ost
				Mrs ELipschitz
Independent		examiner		Asher StemnliCh,	FCA
				Cohen Arnold
				New Burlington	House
				1075 Finchley Road
				LONDON
				NW11 OPU

				2021	2021	2020
				Unrestricted
				funds	Total funds	Total funds
			Note
Income and endowments
Donations and legacies			5	10,900	10,900	1,800
Investment income			6	253,656	253,656	204,340
Total income				264,556	264,556	206,140
Expenditure
Expenditure on raising funds:
Investment management		costs		(85,032)	(85,032)	(24,853)
Expenditure on charitable	activities			(174,184)	(174,184)	(215,132)
Total expenditure				(259,216)	(259,216)	(239,985)
Net gains on investments			8	850,000	850,000
Net income/(expenditure)	and net movement		in funds	855,340	855,340	(33,845)
Reconciliation offunds
Total funds brought forward				946,147	946,147	979,992
Total funds carried forward				1,801,487	1,801,487	946,147

				2021		2020
			Note
Fixed assets
Investments					2,750,000		1,900,000
Current assets
Debtors			12	8/11		8,570
Cash at bank	and in hand			20,697		44,177
				29,008		52,747
Creditors: amounts		fatting due
within one year			13	(49,842)		(26,404)
Net current	liabilities				(20,834)		26,343
Total assets	less current liabilities				2,729,166		1,926,343
Creditors: amounts		falling due after
more than one year			14		(927,679)		(980,196)
Net assets					1,801,487		946,147
Funds ofthe Unrestricted	charity funds				1,801,487		946,147
Total charity	funds		15		1,801,487		946,147

5.	Donations and legacies
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
				t
	Donations
	Donations		10,900	10,900	1,800	1,800
6.	Investment income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
	Income from investment	properties	253,656	253,656	201,840	201,840
	Other interest receivable				2,500	2,500
			253,656	253,656	204,340	204,340
7.	Analysis ofgrants
						2021
	Grants to institutions
	The Grosvenor Foundation					28,000
	Kahal Chassidim Bobov					26,300
	Rookwood Foundation	Ltd				12,500
	Ezer Bekovoid Ltd					10,000
	Kollel Yeshuas Chaim					9,500
	Mifal Hachesed Vehatzedokoh					7,000
	Friends ofBobov					6,600
	The Egerton Road Trust Forly Ltd Chasdei Aharon Ltd					4,900 4,800 3,600
	Bnos Zion D'Bobov Ltd					3,250
	Other grants below 53,000					11,017
						127,467
	Grants to individuals
	Grants to individuals					13,854
	Total grants					141,321

8.	Net gains on	investments
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2021	Funds	2020
	Gains on revaluation of investment
	properties				850,000	850,000
9.	Independent	examination	fees
							2021	2020
	Fees payable Independent	to the independent examination ofthe		examiner for: financial statements			3@00	2,700

received by the Investments	trustees.
		Investment
		properties
Fair value
At I November	2020	1,900,000
Additions
Fair value movements		850,000
At 31October	2021	2,750,000
Impairment
At 1November	2020 and 31October 2021
Carrying amount At 31October 2021		2,750,000
At 31 October	2020	1,900,000

12.	Debtors
			2021	2020
	Prepayments and accrued income		874	2, 140
	Other debtors		7,437	6,430
			8411	8,570
13.	Creditors: amounts	falling due within one year
			2021	2020
	Mortgage loans Trade creditors		31,000 1,234	17,037
	Accruals and deferred	income	6,000	7,910
	Other creditors		11,608	1,457
			49,842	26,404
14.	Creditors: amounts	falling due after more than one year
			2021	2020
	Mortgage loans Bank loans and overdrafts		777,746 35,833	798,746 50,000
	Other creditors		114,100	131,450
			927,679	980,196

Unrestri	cted funds
		At				At
		I November			Gains and	31October
		2020	Income	Expenditure	losses	2021
General	funds	404,201	264,556	(259,216)		1459,541
Fair value reserve		541,946			850,000	541,946
		946,147	264,556	(259,216)	850,000	1,801,487
		At				At
		I November			Gains and	31 October
		2019	Income	Expendituret	losses	2020
General	funds	438,046	206,140	(239,985)		404,201
Fair value reserve		541,946				541,946
		979,992	206,140	(239,985)		946,147

Analysis	ofnet ass	et	s between funds
				Unrestncted	Total Funds
				Funds	2021
Investments				2,750,000	2,750,000
Current assets				29,008	29,008
Creditors	less than	I	year	(49,842)	(49,842)
Creditors	greater than		I year	(927,679)	(927,679)
Net assets				1,801,487	1,801,487
				Unrestricted	Total Funds
				Funds	2020
Investments				1,900,000	1,900,000
Current	assets			52,747	52,747
Creditors	less than	I	year	(26,404)	(26,404)
Creditors	greater than		I year	(980,196)	(980,196)
Net assets				946,147	946,147