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|---|---|---|---|---|
|Trustees'|annual report (incorporating|the director's report)|||
|Independent
auditor's report to the members|||||
|Statement|offinancial
activities (including||income and expenditure||
|account)|||||
|Statement|offinancial position|||12|
|Statement|ofcash flows|||13|
|Notes to|the financial
statements|||14|
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|Reference|and administrative
d|and administrative
d|etails|||
|---|---|---|---|---|---|
|Registered|charity name||UK Toremet Limited|||
|Charity registration||number|1140972|||
|Company|registration|number|07278312|||
|Principal|office and registered||Devonshire
House|||
|office|||Manor Way, Borehamwood|||
||||Hertfordshire|||
||||WD6 1QQ|||
|The trustees|||Mr Jonathan
H Cline|||
||||Mr Robert JCline|||
||||Mr Adrian Jacob|||
||||Mr Jeremy Ross|||
||||Mrs Revs Shenker|||
|Auditor|||Cohen Arnold|||
||||Chartered
accountants|&statutory|auditor|
||||New Burlington
House|||
||||1075Finchley Road|||
||||LONDON|||
||||NW11 OPU|||
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|Year ended 31Ma|rch|2022|||||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|||||
|Incotue and endowments|||||||||
|Donations
snd legacies||||5|139,264|2,560,295|2,699,559|5,208,491|
|Charitable
activities||||6||14,951|14,951|3,813|
|Investment
income||||7|198||198|423|
|Total income|||||139,462|2,575,246|2,714,708|5,212,727|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs ofraising|donations||snd||||||
|legacies
Expenditure
on charitable||activities||8
9,10|198,351|2,650,137|2,848,488|981
5,099,812|
|Other expenditure||||12||||892|
|Total expenditure|||||198,351|2,650,137|2,848,488|5,101,685|
|Net (expenditure)/income||and|net||||||
|movement
in funds|||||(58,889)|(74,891)|(133,780)|111,042|
|ReconcBiation offunds|||||||||
|Total funds brought|forward||||199,806|208,284|408,090|297,048|
|Total funds carried|forward||||140,917|133,393|274,310|408,090|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|f||
|Fixed assets|||||||
|Intangible
assets||||16|39,937|19,554|
|Tangible fixed assets||||17|5,538|3,537|
||||||45,475|23,091|
|Current assets|||||||
|Debtors||||18|66,576|81,118|
|Cash at bank|and in hand||||534,378|471,255|
||||||600,954|552,373|
|Creditors: amounts||falling due within|one year|19|372,119|167,374|
|Net current|assets||||228,835|384,999|
|Total assets|less current liabilities||||274,310|408,090|
|Net assets|||||274,310|408,090|
|Funds ofthe|charity||||||
|Restricted funds|||||133,393|208,284|
|Unrestricted|funds||||140,917|199,806|
|Total charity funds||||20|274,310|408,090|
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|Year ended 31March 20|22||||
|---|---|---|---|---|
||||2022|2021|
|Cash flows from operating|activities||||
|Net (expenditure)/income|||(133,780)|111,042|
|Adjustments for:|||||
|Depreciation oftangible fixed assets|||3,811|4,296|
|Other interest receivable
and|similar income||(198)|(423)|
|Accrued expenses|||1,874|11,137|
|Changes in:|||||
|Trade and other debtors|||14,542|6,463|
|Trade snd other creditors|||202,871|(1,292,985)|
|Cash generated
from operations|||89,120|(1,160,470)|
|Interest received|||198|423|
|Net cash from/(used
in) operating
activities|||89,318|(1,160,047)|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(6,256)|(4,108)|
|Proceeds I'rom sale oftangible assets|||444|892|
|Purchase ofintangible
assets|||(20,383)|(19,554)|
|Net cash used in investing
activities|||(26,195)|(22,770)|
|Net increase/(decrease)
in cash and cash||equivalents|63,123|(1,182,817)|
|Cash and cash equivalents|at beginning|ofyear|471,255|1,654,072|
|Cash and cash equivalents|at end ofyear||534,378|471,255|
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|Donations
and legacies||||
|---|---|---|---|
||Unrestricted|Restricted|Tatal Funds|
||Funds|Funds|2022|
|Donations||||
|Donations|94,381|2,559,045|2,653,426|
|Gift Aid|44,883|1,250|46,133|
||139,264|2,560,295|2,699,559|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Donations||||
|Donations|118,880|5,013,408|5,132,288|
|Gilt Aid|76,933|(730)|76,203|
||195,813|5,012,678|5,208,491|
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|6.|Charitable|activities|activities|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Restricted|Total Funds|Restricted|Total Funds|
|||||||Funds|2022|Funds|2021|
||||||||K|||
||project income|||||14,951|14,951|3,813|3,813|
|7.|Investment|income||||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
||||||||||e|
||Bank interest||receivable|||198|198|423|423|
|8.|Costs ofraising donations|||||and legacies||||
|||||||Unresnicted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
||Costs ofraising donations||||snd legacies|||||
||-Donations|||||||981|981|
|9.|Expenditure||on charitable|||activities by fund type||||
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2022|
||Grants in furtherance|||ofcharity's objectives|||68,042|2,637,962|2,706,004|
||Support costs||||||130,309|12,175|142,484|
||||||||198,351|2,650,137|2,848,488|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2021|
||Grants in furtherance|||ofcharity's objectives|||60,216|4,968,636|5,028,852|
||Support costs||||||62,687|8,273|70,960|
||||||||122,903|4,976,909|5,099,812|
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|Expenditure
on charitable||activities|activities|by activity type||||
|---|---|---|---|---|---|---|---|
|||Activities||||||
||undertaken|||Grant funding||Total funds|Total fund|
|||directly||ofactivities|Support costs|2022|2021|
||||z||6|||
|Grants in||||||||
|furtherance
of||||||||
|charity's
objecdves||64,235||2,641,769|133,784|2,839,788|5,092,012|
|Governance
costs|||||8,700|8,700|7,800|
|||64,235||2,641,769|142,484|2,848,488|5,099,812|
|Breakdown ofGrants ruade||to|organisations|||||
||||||Unrestricted|Restricted|Total|
||||||Funds 2022|Funds 2022|Funds 2022|
||||||||8|
|Nitzanim
benegev uvegalil||||||563,584|563,584|
|Israel Center on Addicgon||||||267,396|267,396|
|Keren Hayesod||||||197,000|197,000|
|Desert stars||||||100,000|100,000|
|Ahavat Yisroel Humanity||||||100,000|100,000|
|Mosdot Midrash David||||||63,098|63,098|
|Mudaut||||||60,000|60,000|
|Ezra Rishona BetShemesh|Erev|||||58,423|58)423|
|Giving
Sulamot||||||52,175
46,068|52,175
46,068|
|Shekel||||||41,456|41&456|
|Birkat Chaim Association||||||34,200|34,200|
|Ohalecha Yaakov Ared||||||32,500|32,500|
|Congregation
Kesser Torah
Larger than Life||||||32,300
30,080|32,300
30,0$0|
|Mifalei Hatorah||||||30,000|30,000|
|Darkei Moshe - Ashdod||||||29,950|29,950|
|Amutat Yesodot Hatorah||||||27,600|27,600|
|Life's Door||||||26,880|26&880|
|Meorot Natan - BetShemesh||||||26,562|26,562|
|Kollel BciaYisrael||||||26,400|26,400|
|Hospice ofthe Upper Galilee||||||25,238|25,23$|
|The Max Stern Yezreel Valley College||||||25,000|25,000|
|Beit Theresienstadt||||||25,000|25,000|
|UN Watch||||||23,457|23,457|
|Yeshivat Kfar Zeitim||||||22,387|22,387|
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|Yad Harav Herzog - Rabbi Herzog World Academy|Yad Harav Herzog - Rabbi Herzog World Academy|Yad Harav Herzog - Rabbi Herzog World Academy||||
|---|---|---|---|---|---|
|Jerusalem||||21,883|21,883|
|Yad L'Glim||||20,399|20,399|
|Grants off20,000or less|||19,712|613,021|632,733|
|Total|||19712|2 622 057|2641 769|
||||Unrestricted|Restricted|Total|
||||Funds 2021|Funds 2021|Funds 2021|
||||||f|
|Center For Educational|Technology|||498,793|49$,793|
|Nitzanim
benegev uvegali1||||404,000|404,000|
|Yad Tolne||||395,000|395,000|
|Keren Hayesod||||332,807|332,$07|
|Mud aut||||288,150|288,150|
|Bnei Akiva Yeshiva High School for Environmental||||||
|Studies||||227,948|227,948|
|Mosdot Midrash
David||||152,736|152,736|
|Hakfar Hayamk||||146,972|146,972|
|Tzohar Latohar||||121,650|121,650|
|Yachad||||109,000|109,000|
|Desert Stars||||101,613|101,613|
|Agudat Oseh Pri||||100,000|100,000|
|Mayim Tehorim||||98,000|98,000|
|Sulamot||||83,600|83,600|
|Yeshivat Radzin - Kollel Avreichim||Ateres Shlomo||80,000|80,000|
|Arucha chama bechol yom||||71,000|71,000|
|Heichalei
Torah Vachesed - Ared||||68,000|68,000|
|Gesher||||50,000|50,000|
|Institunons
ofTorah and Education||Sons ofBoys||50,000|50,000|
|Hospice ofthe Upper Galilee||||44,000|44,000|
|Yesodot Hatorah||||42,900|42,900|
|Associadon for the Aged in Hadera||||40,000|40,000|
|HaAguda
HaYisraelit||||39,000|39)000|
|Mifalei Hatorah||||38,500|38,500|
|Or Simcha||||38,000|38,000|
|Laniado Development|Fund|||37,200|37,200|
|HaMarkaz
HaArtzi Lemaan Taharat||Hamishpacha||33,000|33,000|
|Larger Than Life||||30,000|30,000|
|Congregation
Kesser Torah||||28,975|28,975|
|Kollel Beis Yisrael||||27,100|27,100|
|Mavoi Saturn||||25,584|25&584|
|The Max Stern Yezreel|Valley College|||25,000|25,000|
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|Yea|r ended 31March 2022|r ended 31March 2022||||
|---|---|---|---|---|---|
||Yeshivat Kfar Zeitim|||23 541|23541|
||Darkei Moshe|- Ashdod||21,150|21,150|
||The Foundation|for the Benefit ofHolocaust Victims||20,868|20,868|
||Grants individually f20,000 or less||6,532|1,006,737|1,013,269|
||Grand Total||6,532|4,900,824|4,907,356|
||Breakdown ofgrants by type|||||
|||||2022|2021|
||Grants to institutions|||||
||Advocacy|||25,868|23,755|
||Community
Building|||755,057|691,267|
||Culture|||11,476|17,944|
||Education|||350,989|1,890,834|
||Environment||||11,400|
||General|||178,067|191,885|
||Health|||186,940|291,123|
||Holocaust Education|||5,748|20,868|
||Human Rights|||23,857|35,218|
||Mental Health|||292,220|56,270|
||Prevention ofPoverty|||27,940|139,242|
||Religion|||395,919|441,123|
||Senior Citizens|||23|80,321|
||Special needs|||19,167|37,963|
||Sport||||27,290|
||Welfare|||279,053|601,187|
||Women's
Empowetment|||7,261|23,521|
||Youth at risk|||82,184|326,145|
|||||2,641,769|4,907,356|
||Total grants|||2,641,769|4,907,356|
|12.|Other expenditure|||||
|12.|Other expenditure|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Total|Funds|Unrestricted|Total Funds|
||||Funds||2022|Funds|2021|
||Other expenditure|||||892|892|
|13.|Net (expenditure)/income|||||||
||Net (expenditure)/income|is stated after|charging/(crediting):|||||
|||||||2022|2021|
||Depreciation oftangible|fixed assets||||3,811|4,296|
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|No employee
received employee benefits of more than f60,
Trustee remuneration
and expenses
There was no remuneration
paid to the trustees. The charity
incurred by the trustees for services provided to the charity.
Intangible
assets|000 during the year (2021:Nil).
did not meet any individual
expenses|
|---|---|
||CRM System|
||K|
|Cost||
|At 1 April 2021|19,554|
|Additions|20,383|
|At 31March 2022|39,937|
|Amortisation||
|At 1April 2021 and 31March 2022||
|Carrying
amount
At 31March 2022|39,937|
|At 31March 2021|19,554|
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|Tangible fixed assets||
|---|---|
||Plant and|
||machinery|
|Cost||
|At 1April 2021|12,888|
|Additions|6,256|
|Disposals|(1,976)|
|At 31March 2022|17,168|
|Depreciation||
|At 1 April 2021
Charge for the year|9,351
3,811|
|Disposals|(1,532)|
|At 31March 2022|11,630|
|Carrying
amount||
|At 31March 2022|5,538|
|At 31March 2021|3,537|
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|18.|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||f||
||Prepayments
and accrued||income||||3,685|4,228|
||Other debtors||||||62,891|76,890|
||||||||66,576|81,118|
|19.|Creditors: amounts|falling due within|||one year||||
||||||||2022|2021|
||Trade creditors and|grants|payable||||340,321|137,141|
||Accrusls and deferred income||||||31,085|29,211|
||Other creditors||||||713|1,022|
||||||||372,119|167,374|
||Grants payable
include the following|||charitable||commitmeuts:|||
|||||||2022||2021|
||Charitable
commitments||brought||||||
||forward|||||129,747||1,397,361|
||New commitments|during|the year|||2,641,768||4,907,356|
||Payments
during the year|||||(2,438,217)||(6,174,970)|
||Charitable
commitments||cerned||||||
||forward|||||333,298||129,747|
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|Analysis o
Restricted|fcharitable
funds
(assessed)
funds|||||
|---|---|---|---|---|---|
|||At||dtt 31March||
|||I April 2021|Income|Expenditure|2022|
|project income||4,189|14,951||19,140|
|Restricted|revenue from donations|200,725|2,559,045|(2,650,137)|109,633|
|Restricted|revenue from gift sid|3,370|1,250||4,620|
|||208,284|2,575,246|(2,650,137)|133,393|
|||At|||At 31March|
|||I April 2020
6|Income|Expenditure
f|2021
8|
|From the depths - project income||447|3,813|(71)|4,189|
|Restricted|revenue from donations|164,155|5,013,408|(4,976,838)|200,725|
|Restricted|revenue from gift aid|4,100|(730)||3,370|
|||168,702|5,016,491|(4,976,909)|208,284|
|Analysis ofnet assets between funds||||||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|||||t||
|Intangible
assets
Tangible fixed assets
Current assets|||39,937
5,538
467,561|133,393|39,937
5,538
600,954|
|Creditors less than I year|||(372,119)||(372,119)|
|Net assets|||140,917|133,393|274,310|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
|Intangible
assets
Tangible fixed assets
Current assets|||19,554
3,537
344,088|208,284|19,554
3,537
552,372|
|Creditors|less than I year||(167,374)||(167,374)|
|Net assets|||199,805|208,284|408,089|
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|||||||||||At|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||At|1|Apr 2021|Cash flows|31Mar 2022|
||||||||||E||
|Cash|at|bank|and|in|hand|||471,255|63,123|534,378|
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