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|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|||||
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|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||
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|||||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|
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|||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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