| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details ofthe company, | its Trustees and advisers | |||
| . | Trustees' report |
2-4 | |||
| Independent auditors' |
report | on the financial statements | 5-8 | ||
| Statement offinancial | activities | ||||
| Balance sheet | 10 | ||||
| Notes to the financial | statements | -11 -20 |
| Trustees | A Banes | |||||
|---|---|---|---|---|---|---|
| L Block | ||||||
| D Jepps | ||||||
| H Kuper | ||||||
| Rabbi R Mariner | ||||||
| S Morris MBE | ||||||
| J Segal | ||||||
| N Spencer | ||||||
| A Virchis | ||||||
| Company | registered | |||||
| number | 07516569 | |||||
| Charity registered | ||||||
| number | 1141727 | |||||
| Registered | office | 32 Haverhill Road |
||||
| Stapleford | ||||||
| Cambridge | ||||||
| CB22 5BX | ||||||
| Company | secretary | D Jepps | ||||
| Independent | auditors | Blick Rothenberg | Audit | LLP | ||
| Chartered Accounts |
||||||
| 16Great Queen Street | ||||||
| Covent Garden | ||||||
| London | ||||||
| WC2B 5AH | ||||||
| Bankers | National Westminster |
Bank | ||||
| North Finchley | Branch | |||||
| Solicitors | Howard Kennedy |
|||||
| No. 1 London | Bridge | |||||
| London | ||||||
| SE1 9BG |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021f | 2021 E |
2020 E |
||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Note | E | ||||||
| Income from: | |||||||
| Donations and |
legacies | 3 | 44,564 | 44,564 | 71,696 | ||
| Other trading activities |
4 | 8,258 | 8,258 | 29,089 | |||
| Investments | 5 | 23,633 | 23,633 | 32,650 | |||
| Total income | 76,455 | 76,455 | 133;435 | ||||
| Expenditure on: |
|||||||
| Raising funds | 6 | 1,980 | 1,980 | 3,355 | |||
| Direct charitable | activities | 7 | 156,366 | 156,366. | 155,395 | ||
| Governance | 8 | 5,019 | 5,019 | 2,047 | |||
| Total expenditure | 163,365 | 163,365 | 160,797 | ||||
| Net expenditure | before net | ||||||
| gains/(losses) | on | investments | (86,910) | (86,910) | (27,362) | ||
| Net gains/(losses) | on investments | 75,034 | 75,034 | (26,031) | |||
| Net movement | in | funds | (11,876) | (11,876) | (53,393) | ||
| Reconciliation | of | funds: | |||||
| Total funds brought | forward | 503,202 | 500,000 | 1,003,202. | 1,056,595 | ||
| Net movement | in funds | (11,876) | (11,876) | (53,393) | |||
| Total funds carried forward | 491,326 | 500,000 | 991,326 | 1,003,202 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | F | ||||||
| Fixed assets | |||||||
| Investments | 10 | 859,671 | 760,408 | ||||
| 859,671 | 760,408 | ||||||
| Current assets | |||||||
| j | |||||||
| Debtors | 17,912 | 21,645 | |||||
| Cash at bank and | in hand | 125,493 | 232,767 | ||||
| 143,405 | 254,412 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 12 | (11,750) | (11,618) | ||||
| Net current. assets | 131,655 | 242,794 | |||||
| Total assets less | current liabilities | 991,326 | 1,003,202 | ||||
| Net assets excluding | pension asset | 991,326 | 1,003,202 | ||||
| Total net assets | 991,326 | 1,003,202 | |||||
| Charity funds | |||||||
| Restricted funds |
13 | 500,000 | 500,000 | ||||
| Unrestricted funds |
13 | 491,326 | 503,202 | ||||
| Total funds | 991,326 | 1,003,202 |
| Unrestricted | .Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| E | E | ||||
| Donations | 44,564 | 44,564 | |||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2020 | 2020 | ||||
| E | F | ||||
| Donations | 71,696 | 71,696 | |||
| 4. | Fundraising | income | |||
| Income from | fundraising | events | |||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2021 | 2021 | ||||
| Events income | 8,258 | 8,258 | |||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2020 | 2020 | ||||
| E | E | ||||
| Events income | 29,089 | 29,089 |
| Unrestncted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2021 | |||||
| Investment | interest | 23,594 | 23,594 | ' | ||
| Bank interest | 39 | 39 | ||||
| 23,633 | 23,633 | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2020 | 2020 | |||||
| E | ||||||
| Investment | income | 31,971 | 31,971 | |||
| Bank interest | 679 | ' | 679 | |||
| 32,650 | 32,650 | |||||
| 6. | Costs of | raising funds | ||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2021 | 2021 | |||||
| E | ||||||
| Events expense | 1,980 | 1,980 | ||||
| Unrestricted | .Total | |||||
| funds | funds | |||||
| 2020 | 2020 | |||||
| E | E | |||||
| Events expense | 3,355 | 3,355 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2021 | |||||
| E | E | |||||
| Karen's | Home | from | Home, | Birmingham | 23,037 | 23,037 |
| Karen's | Home | from | Home, | Hammersmith | 62,382 | 62,382 |
| Karen's | Home | from | Home, | Oxford | 29,443 | 29,443 |
| Karen's | Home | from | Home, | Cambridge | 41,504 | 41,504 |
| 156,366 | 156,366 | |||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2020 | 2020 | |||||
| E | E | |||||
| Karen's | Home | from | Home, | Birmingham | 22,847 | 22,847 |
| Karen's | Home | from | Home, | Hammersmith | 61,409 | 61,409 |
| Karen's | Home | from | Home, | Oxford | 29,685 | 29,685. |
| Karen's | Home | from | Home, | Cambridge | , 41,454 | 41,454 |
| 155,395 | 155,395 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | fu.nds | ||||
| 2021 | 2021 | ||||
| ,E | |||||
| Postage and Publicity | 1,008 | 1,008 | |||
| JustGiving | Fees | 302 | 302 | ||
| Newsletter | costs | 153 | 153 | ||
| Investment | management | costs | 3,556 | 3,556 | |
| 5,019 | . | 5,019 | |||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2020 | 2020 | ||||
| E | |||||
| Postage and Publicity | 868 | 868 | |||
| JustGiving | Fees | 562 | 562 | ||
| Investment | management | costs | 617 | 617 | |
| 2,047 | 2,047 |
| 10. | Investments | |
|---|---|---|
| Listed | ||
| securities | ||
| E | ||
| Cost or valuation | ||
| At 1 June 2020 | 760,408 | |
| Additions | 414,190 | |
| Disposals | (389,961) | |
| Revaluations | 75,034 | |
| At 31 May 2021 | 859,671 | |
| Net book value | ||
| At 31 May 2021 | 859,671 | |
| At 31 May 2020 | 760,408 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Material listed investments | |||||
| Sainsbury 6.5o/o | 58,145 | ||||
| Travis Perkins 4.5'/o | 21,364 | 28,982 | |||
| National Grid Pic 1.25'/o |
. | 57,038 | 56,956 | ||
| William Hill 4.875'/o |
29,633 | ||||
| Tesco Pic6.125'/o | . 31,252 | 32,363 | |||
| Intermediate Capital 6.25/o |
32,723 | ||||
| PGH Capital 6.625'/o | 56,337 | ||||
| London Stock Exchange | 4.75'/o | 46,809 | 48,098 | ||
| Burford Cap 6.5'/o | '47,607 | 43,240 | |||
| Heathrow Funding 9.2'/o |
52,680 | ||||
| Roche Finance Euro 5.375'/o | 49,750 | 51,649 | |||
| Fundrock Partners Credo | Dynamic | 240,040 | ' 158,024 | ||
| Ishares Global Corp Bond | 57,069 | ||||
| XTrackers (IE) Pic | 56,978 | 54,509 | |||
| BPCapital Markets 4.24'/o | 52,829 | ||||
| BUPA Finance 4.125'/o | 22,183 | ||||
| General Accident 8.875'/o | 49,050 | ||||
| Downing Rnew |
19,000 | ||||
| TP leap 5.25'/o | 22,802 | ||||
| Severn Trent 1.3'/o | 56,151 | ||||
| Investec 9.625'/o | 24,398 | ||||
| Tesco 3.322'/o | 20,600 | ||||
| Urban Logistics Reit | 29,522 | ||||
| Biopharma US$.sterling |
equivalent | 12,298 | |||
| 859,671 | 760,408 | ||||
| 11. | Debtors | ||||
| 2021 | 2020 | ||||
| E | F | ||||
| Due within one year | |||||
| Other debtors | 3,444 | 4,388 | |||
| Prepayments and accrued income |
14,468 | 17,257 | |||
| 17,912 | 21,645 |
| 12. | Creditors: | amounts | falling | due | within | one | year | ||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| E | |||||||||
| Accruals | 11,750 | 11,618 |
| Statement | offunds - c | urrent year | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrealised | |||||||||||||
| and | realised | ||||||||||||
| investment | |||||||||||||
| Balance at | 1 | asset | Balance at | ||||||||||
| June 2020 | Income | Expenditure | gains/(losses) | 31 May 2021 | |||||||||
| E | E | f' | |||||||||||
| Unrestricted | funds | ||||||||||||
| Unrestricted | funds | 503,202 | 76,455 | (163,365) | 75,034 | ' 491,326 | |||||||
| Restricted | funds | ||||||||||||
| Restricted | funds | 500,000 | 500,000 | ||||||||||
| Total offunds | 1,003,202 | . | 76,455 | (163,365) | . | 75,034 | 991,326 | ||||||
| Statement | offunds - prior year | ||||||||||||
| Unrealised and |
|||||||||||||
| realised | |||||||||||||
| investment | |||||||||||||
| Balance at | asset | Balance at | |||||||||||
| 1 June | 2019 | Income | .Expenditure | gains/(losses) | 31 May 2020 | ||||||||
| E | E | E | F | ||||||||||
| Unrestricted | funds | ||||||||||||
| Unrestricted | funds | 556,595 | 133,435 | (160,797) | (26,031) | 503,202 | |||||||
| Restricted | funds | ||||||||||||
| Restricted | funds | 500,000 | 500,000 | ||||||||||
| Total offunds | 1,056,595 | 133,435 | (160,797) | (26,031) | 1,003,202 |
| Analysis of net assets between funds - curr |
ent year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| Fixed asset investments | 359,671 | 500,000 | 859,671 |
| Current assets | 143,405 | 143,405 | |
| Creditors due within one year | (11,750) | (11,750) | |
| Total | 491,326 | 500,000 | 991,326 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2020 | 2020 | 2020 | ||
| E. | F | F | ||
| Fixed asset investments | 260,408 | 500,000 | 760,408 | |
| Current assets | 254,4,12 | 254,412 | ||
| Creditors due within one year | . | (11,618) | (11,618) | |
| Ttl | 503,202 | 500,000 | 1,003,202 |
| cancellable | o | perating leases as follows. |
||
|---|---|---|---|---|
| 2021 | 2020 | |||
| F | ||||
| Not later than | 1 year | 64,130 | 76,215 | |
| Later than | 1 | year and not later than 5 years | 1,904 | |
| 64,130 | 78,119 |