| Page | Page | ||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Report ofthe Independent Auditors |
4 | to | 7 |
| Statement of Financial Activities | |||
| Balance Sheet | |||
| Cash Flow Statement | 10 | ||
| Notes to the Cash Flow Statement | |||
| Notes to the Financial Statements | 12 | to | 16 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
6,072,937 | 3,382,868 | ||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Awards and grants made to institutions |
5,398,158 | 3,191,431 | ||
| Awards and grants made to individuals |
329,431 | 113,088 | ||
| Support Costs | 14,793 | 17,524 | ||
| Total | 5,742,382 | 3,322,043 | ||
| NET INCOME | 330,555 | 60,825 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 69,265 | 8,440 | |
| TOTAL FUNDS CARRIED FORWARD | 399,820 | 69,265 |
| BALANCE SHEET 28Februa 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| CURRENT ASSETS | |||
| Cash at bank | 411,820 | 81,265 | |
| CREDITORS | |||
| Amounts falling due within one year |
(12,000) | (12,000) | |
| NET CURRENT ASSETS | 399,820 | 69,265 | |
| TOTAL ASSETSLESS CURRENT | LIABILITIES | 399,820 | 69,265 |
| NET ASSETS | 399,820 | 69,265 | |
| FUNDS | |||
| Unrestricted funds |
399,820 | 69,265 | |
| TOTAL FUNDS | 399,820 | 69,265 |
| CASH FLOW STATEMENT | CASH FLOW STATEMENT | CASH FLOW STATEMENT | |||||||
|---|---|---|---|---|---|---|---|---|---|
| for | the | ear ended 28Februa | 2022 | ||||||
| 2022 | 2021 | ||||||||
| Notes | |||||||||
| Cash flows from | operating | activities | |||||||
| Cash generated &om operations |
331,232 | 62,825 | |||||||
| Interest paid | (677) | ||||||||
| Net cash provided | by operating | activities | 330,555 | 62,825 | |||||
| Change in cash and cash equivalents | in the | ||||||||
| reporting period |
330,555 | 62,825 | |||||||
| Cash and cash equivalents | at | the beginning | of | ||||||
| the reporting period |
81,265 | 18,440 | |||||||
| Cash and cash equivalents | at | the end | ofthe | ||||||
| reporting period |
411,820 | 81,265 |
| NOTES TO THE CASH FLOW STATEMENT for the ear ended 2SFebrua 2022 |
NOTES TO THE CASH FLOW STATEMENT for the ear ended 2SFebrua 2022 |
NOTES TO THE CASH FLOW STATEMENT for the ear ended 2SFebrua 2022 |
|||||
|---|---|---|---|---|---|---|---|
| RECONCILIATION | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | ||||||
| 2022 | 2021 | ||||||
| Net income for the Activities) |
reporting | period (as per the Statement ofFinancial | 330,555 | 60,825 | |||
| Adjustments for: Interest paid Increase in creditors |
677 | 2,000 | |||||
| Net cash provided | by | operations | 331,232 | 62,825 | |||
| 2. | ANALYSIS | OF CHANGES | IN NET FUNDS | ||||
| At 1.3.21 | Cash flow | At 28.2.22 | |||||
| Net cash | |||||||
| Cash at bank | 81,265 | 330,555 | 411,820 | ||||
| 81,265 | 330,555 | 411,820 | |||||
| Total | 81,265 | 330,555 | 411,820 |
| DONAT | IONS AND LEGACIES |
|||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Donations | 6,072,937 | 3,382,868 | ||
| CHARITABLE ACTIVITIES COSTS | ||||
| Grant | ||||
| funding of | ||||
| activities | Support | |||
| (see note | costs (see | |||
| 4) | note 5) | Totals | ||
| Awards | and grants made to institutions | 5,398,158 | 5,398,158 | |
| Awards | and grants made to individuals | 329,431 | 329,431 | |
| Support | Costs | 14,793 | 14,793 | |
| 5,727,589 | 14,793 | 5,742,382 | ||
| GRANTS PAYABLE | ||||
| 2022 | 2021 | |||
| Awards | and grants made to institutions | 5,398,158 | 3,191,431 | |
| Awards | and grants made to individuals | 329,431 | 113,088 | |
| 5,727,589 | 3,304,519 |
| The total grants paid to institutions | d | uring the year was as follows: | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Aizer Chasanim Kretchnif | 101,469 | |||
| Aizer Nesuin Toldot Aharon | 118,300 | |||
| American Friends ofToras Chesed |
77,593 | |||
| Ateret Yerushalayim | 96,300 | |||
| Bais Hamedrash Yeshias Israel Inc |
123,225 | 90,515 | ||
| Beis Medrash Hagadol Slonim |
129,800 | |||
| Beis Medrash Ohel Yeshorim |
100,000 | |||
| Building Fund For Chinuch Yerusholaim | 50,000 | 100,000 | ||
| Chasdei Sholom Trust | 77,768 | |||
| Chesed Leavraham | 211,839 | |||
| Chevras Nehoroh De'Oraisoh | 75,332 | |||
| Chinuch Yerusholaim | 206,895 | 120,000 | ||
| Congregation Mosdos Toldos Aharon |
138,220 | |||
| Congregation Ziev Hatorah ofMonsey Inc |
100,000 | |||
| Cong Kahal Chareidim | 100,000 | |||
| Eizer LBachurim | 99,975 | |||
| Hachnasas Orchim Linas Hachesed |
122,975 | 126,675 | ||
| Kehal Ohal Menachem Vitepsk |
160,852 | |||
| Keren Eizer Chasanim Kretchnef |
85,261 | |||
| Keren Ezer Ne'Suin Tchernobal | 195,425 | 119,625 | ||
| Keren Yesomim Fund | 100,000 | 82,900 | ||
| Khal BeisMoshe Aharon | 123,500 | 97,915 | ||
| Kollel L'Horoah | 117,200 | |||
| Kolie1Mesifta | 111,460 | |||
| Kollel Noam Eliezer | 100,000 | |||
| Le'dovid Emes | 100,000 | 105,000 | ||
| Mesivta Ziev Hatorah | 118,000 | |||
| Mifal Hachesed Keren Ose Choyil | 107,400 | 116,980 | ||
| Mifal Keren Hachesed | 100,000 | |||
| Mosdos B'ear Heytev D'chasidie | Slonim | 76,435 | ||
| Mosdos Bitchkev | 99,825 | 96,200 | ||
| Mosdot Nachlei Emunah (Kretchnifi | 99,535 | |||
| Ohel Chaya Rose | 132,645 | |||
| Shaarei Marpe | 125,264 | |||
| Talmud Torah Tuv Yerushalaim | 101,510 | 276,869 | ||
| Tiferet Yochenen Tolnah | 118,015 | 84,780 | ||
| Eizer L'Bachurim | 100,000 | |||
| Other grants less than f75,000 | 1,647,442 | 1,322,670 | ||
| 5,398,158 | 3,191,431 | |||
| Donations were paid to institutions | whose objectives include the reliefofpoverty and advancement ofJewish religion. |
|||
| The total grants paid to individuals | during the year was as follows: | |||
| 2022 | 2021 | |||
| Grants to individuals | 329,431 | 113,088 |
| SUPPORT COSTS | |||||
|---|---|---|---|---|---|
| Governance | |||||
| Finance | costs | Totals | |||
| Support Costs | 677 | 14,116 | 14,793 | ||
| AUDITORS' REMUNERATION | |||||
| 2022 | 2021 | ||||
| Fees payable to the charity's | auditors for the audit ofthe charity's | financial | statements | 12,000 | 12,000 |
| CREDITORS | : AMOUNTS FA | LLING DUE WITHIN ONE YE | AR | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Accrued expenses | 12,000 | 12,000 | |||
| MOVEMENT IN FUNDS | |||||
| Net | |||||
| movement | At | ||||
| At 1.3.21 | in funds | 28.2.22 | |||
| Unrestricted | funds | ||||
| General fund | 69,265 | 330,555 | 399,820 | ||
| TOTAL FUNDS | 69,265 | 330,555 | 399,820 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 6,072,937 | (5,742,382) | 330,555 | ||
| TOTAL FUNDS | 6072937 | (5 742 382) | 330,555 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.3.20 | in funds | 28.2.21 | ||||
| Unrestricted | funds | |||||
| General fund | 8,440 | 60,825 | 69,265 | |||
| TOTALFUNDS | 8,440 | 60,825 | 69,265 | |||
| Comparative | net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 3,382,868 | (3,322,043) | 60,825 | |||
| TOTAL FUNDS | 3,382,868 | (3,322,043) | 60,825 |