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|REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|DETAILS OF|DETAILS OF|DETAILS OF|THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|---|---|---|
||||FOR THE|YEAR||ENDED|31 DECEMBER 2022|
|Trustees|||Harold Pasha,|Chairman||||
||||David Winton,|Vice|Chairman|||
||||Anthony
Yadgaroff,||Treasurer|||
||||Suzanne
Goodman|||||
||||Colin Jaque|||||
||||Philip Kremen|||||
||||Maxwell
Nisner|||||
||||Paul Rayden|||||
||||Alexander
Rayden||(appointed||30January 2023)|
||||Michael Ziff (Resigned|||31 December 2022)||
|Company|registered|||||||
|number|||08051428|||||
|Charity registered||||||||
|number|||1147803|||||
|Registered||office|35 Ballards Lane|||||
||||London|||||
||||N3 1XW|||||
|Company|secretary||Mr. A.H. Yadgaroff|||||
|Independent||auditors|BKLAudit LLP|||||
||||35 Ballards Lane|||||
||||London|||||
||||N3 1XW|||||
|Bankers|||National
Westminster|||Bank Plc||
||||38 Strand|||||
||||London|||||
||||W2CH 5JB|||||
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022|2022|2021|
|||||Note|f.|f.||
|Income from:||||||||
|Donations
and legacies|||||||300|
|Charitable
activities|||||909,818|909,818|567,952|
|Investments|||||324,198|324,198|347,710|
|Other income|||||||3,156|
|Total income|||||1,234,016|1,234,016|919,118|
|Expenditure
on:||||||||
|Charitable
activities|||||1,674,084|1,674,084|1,110,176|
|Total expenditure|||||1,674,084|1,674,084|1,110,176|
|Net expenditure|before net (losses)/gains||on|||||
|investments|||||(440,068)|(440,068)|(191,058)|
|Net (losses)/gains||on investments|||(922,909)|(922,909)|565,047|
|Net movement
in||funds before other recognised||||||
|gains/(losses)|||||(1,362,977)|(1,362,977)|373,989|
|Other recognised||gains/(losses):||||||
|Other losses|||||||(8)|
|Net movement
in||funds|||(1,362,977)|(1,362,977)|373,981|
|Reconciliation
of||funds:||||||
|Total funds brought||forward|||12,803,855|12,803,855|12,429,874|
|Net movement
in|funds||||(1,362,977)|(1,362,977)|373,981|
|Total funds carried forward|||||11,440,878|11,440,878|12,803,855|
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||||2022|2021|
|---|---|---|---|---|
|Cash flows from operating
activities|||||
|Net cash used
in operating
activities|||(872,002)|(502,283)|
|Cash flows from investing
activities|||||
|Purchase oftangible
fixed assets||||(5,640)|
|Purchase ofother investments|||(1,000,028)|(2,209,176)|
|Proceeds on disposal ofother investments|||2,203,431|1,127,855|
|Investment
income received|||249,673|347,549|
|Net cash provided
by/(used
in) investing||activities|1,453,076|(739,412)|
|Change
in cash and cash equivalents|in|the year|581,074|(1,241,695)|
|Cash and cash equivalents
at the beginning||ofthe year|1,248,340|2,490,035|
|Cash and cash equivalents
at the end|of|the year|1,829,414|1,248,340|
|The notes on pages 17to 35form part ofthese financial statements|||||
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|Unrestricted|Total|
|---|---|
|funds|funds|
|2022|2022|
|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|300|300|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|Suppporting|the cemeteries|909,818|909,818|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
|Supporting|the cemeteries|567,952|567,952|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|Rental income||239,948|239,948|
|Investments|listed on stock exchange|84,250|84,250|
|||324,198|324,198|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
|Rental income||235,147|235,147|
|Investments|listed on stock exchange|112,402|112,402|
|Interest receivable||161|161|
|||347,710|347,710|
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|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|3,156|3,156|
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|Grants to|Total|
|---|---|
|Institutions|funds|
|2022|2022|
|402,223|402,223|
||||Grants to|Total|
|---|---|---|---|---|
||||Institutions|funds|
||||2021|2021|
|Grants,|Religious|Activities|513,673|513,673|
##
|||Unrestricted||
|---|---|---|---|
|||funds|Total|
|||2022|2022|
|Supporting|the cemeteries|1,271,861|1,271,861|
|Religious|Activities|402,223|402,223|
|||1,674,084|1,674,084|
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|Summary|by fund type (continued)|||
|---|---|---|---|
|||Unrestricted||
|||funds|Total|
|||2021|2021|
|Supporting|the cemeteries|596,503|596,503|
|Religious|Activities|513,673|513,673|
|||1,110,176|1,110,176|
##
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding
of|Support|Total|
|||directly|activities|costs|funds|
|||2022f|2022
f.|2022f|2022
f.|
|Supporting|the cemeteries|1,127,495||144,366|1,271,861|
|Religious|Activities||402,223||402,223|
|||1,127,495|402,223|144,366|1,674,084|
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding
of|Support|Total|
|||directly|activities|costs|funds|
|||2021|2021|2021|2021|
|Supporting|the cemeteries|449,980||146,523|596,503|
|Religious|Activities||513,673||513,673|
|||449,980|513,673|146,523|1,110,176|
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||||Supporting||
|---|---|---|---|---|
||||the|Total|
||||cemeteries|funds|
||||2022|2022|
|Staff costs|||244,766|244,766|
|Cleaning|||2,540|2,540|
|Funeral Cost|||61,506|61,506|
|Light 8 Heat|||5,898|5,898|
|Repair 8|Renewal||595,509|595,509|
|Telephone|||2,924|2,924|
|Rates|||10,607|10,607|
|Travel|||8,768|8,768|
|Increase|in provision|for future funeral costs|194,977|194,977|
||||1,127,495|1,127,495|
||||Supporting||
||||the|Total|
||||cemeteries|funds|
||||2021|2021|
|Staff costs|||193,579|193,579|
|Cleaning|||4,852|4,852|
|Funeral Cost|||94,350|94,350|
|Light 8 Heat|||23,682|23,682|
|Repair 8|Renewal||95,441|95,441|
|Telephone|||3,478|3,478|
|Rates|||21,783|21,783|
|Travel|||3,585|3,585|
|Insurance|||8,230|8,230|
|Advertising|||1,000|1,000|
||||449,980|449,980|
##
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|||Supporting||
|---|---|---|---|
|||the|Total|
|||cemeteries|funds|
|||2022|2022|
|Staff costs||49,700|49,700|
|Depreciation||17,816|17,816|
|Insurance||24,771|24,771|
|Professional|fee|1,050|1,050|
|Bank charges||1,361|1,361|
|General expenses||3,114|3,114|
|Office expenses||4,394|4,394|
|Governance|costs|18,180|18,180|
|Accountancy||23,980|23,980|
|||144,366|144,366|
||||Supporting||
|---|---|---|---|---|
||||the|Total|
||||cemeteries|funds|
||||2021|2021|
|Staff costs|||59,166|59,166|
|Depreciation|||17,816|17,816|
|Insurance|||6,979|6,979|
|Printing, Postage, Stationery computer||requisites|5,094|5,094|
|Professional|fee||8,685|8,685|
|Bank Charges|||1,680|1,680|
|General
Exp|||5,593|5,593|
|Governance|costs||19,689|19,689|
|Accountancy|||21,821|21,821|
||||146,523|146,523|
##
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||||||2022|2021|
|---|---|---|---|---|---|---|
||Fees payable to|the Charity's|auditor for the audit and preparation|ofthe|||
||Charity's
annual|accounts|||13,134|11,940|
|11.|Staff costs||||||
|Staff costs|||
|---|---|---|
||2022f|2021|
|Wages and salaries|264,215|230,747|
|Social security costs|24,371|16,876|
|Pension costs|5,880|5,122|
||294,466|252,745|
||2022|2021|
|---|---|---|
||No.|No.|
|Employees|9|7|
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|Net gains/(|loss|es)
on investments|||
|---|---|---|---|---|
||||2022|2021|
|Revaluation|of|investments|(428,872)|559,441|
|Gain/(loss)|on|sale of investments|(494,037)|5,606|
||||(922,909)|565,047|
##
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||Freehold|Plant and|||
|---|---|---|---|---|
||property
f.|machinery
f|Cemeteries
f.|Totalf|
|Cost or valuation|||||
|At 1 January 2022|1,320,191|100,156|2,400,266|3,820,613|
|At 31 December 2022|1,320,191|100,156|2,400,266|3,820,613|
|Depreciation|||||
|At 1 January 2022|49,430|88,450|393,651|531,531|
|Charge for the year|3,000|1,516|13,300|17,816|
|At 31 December 2022|52,430|89,966|406,951|549,347|
|Net book value|||||
|At 31 December 2022|1,267,761|10,190|1,993,315|3,271,266|
|At 31December 2021|1,270,761|11,706|2,006,615|3,289,082|
##
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|||Stained||||
|---|---|---|---|---|---|
|||glass|Torah|Silverware||
|||windows|scrolls|etc.|Total|
|||2022|2022|2022|2022|
|At|1 January 2022|200,000|135,000|276,173|611,173|
|At|31 December 2022|200,000|135,000|276,173|611,173|
##
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||Listed|Unlisted|Cash on||
|---|---|---|---|---|
||investments|investments|portfolio|Total|
|Cost or valuation|||||
|At 1 January 2022|6,684,509||4,402|6,688,912|
|Additions|1,074,553||634,097|1,708,650|
|Disposals|(2,697,468)||(501,586)|(3,199,054)|
|Revaluations|(350,283)|||(350,283)|
|At 31 December 2022|4,711,311|1|136,913|4,848,225|
|Net book value|||||
|At 31 December 2022|4,711,311|1|136,913|4,848,225|
|At 31December 2021|6,684,509||4,402|6,688,912|
##
|||2022|2021|
|---|---|---|---|
|Due within one year||||
|Trade debtors||270,227|123,317|
|Other debtors||61,240|4,909|
|Prepayments|and accrued income|3,487|21,448|
|VAT recoverable||27,350||
|||362,304|149,674|
##
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|||2022f|2021|
|---|---|---|---|
|Bank overdrafts||6,253||
|Trade creditors||47,140|18,534|
|Other taxation and social security|||6,584|
|Other creditors||252,989|241,655|
|Accruals and deferred|income|73,206|86,824|
|||379,588|353,597|
##
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|Analysis||of net assets|between funds - current|year|||
|---|---|---|---|---|---|---|
|||||Restricted|||
|||||funds -|Unrestricted|Total|
|||||class ii|funds|funds|
|||||2022|2022|2022|
|||||f.|f|f.|
|Tangible|fixed assets||||3,271,266|3,271,266|
|Fixed asset investments|||||4,711,312|4,711,312|
|Investment||property|||5,500,000|5,500,000|
|Heritage|assets||||611,173|611,173|
|Current assets|||||2,328,631|2,328,631|
|Creditors||due within one year|||(379,588)|(379,588)|
|Creditors||due in more than one year|||(412,916)|(412,916)|
|Provisions||for liabilities|and charges||(4,189,000)|(4,189,000)|
|Total|||||11,440,878|11,440,878|
##
##
|23.|Analysis of net assets|between
funds|between
funds|between
funds|between
funds|(continued)|(continued)|(continued)||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Analysis ofnet assets|between funds||||- prior year||||||||
|||||||||||||Unrestricted|Total|
|||||||||||||funds|funds|
|||||||||||||2021|2021|
||Tangible
fixed assets|||||||||||3,289,082|3,289,082|
||Fixed asset investments|||||||||||6,684,510|6,684,510|
||Investment
property|||||||||||5,578,589|5,578,589|
||Heritage assets|||||||||||611,173|611,173|
||Current assets|||||||||||1,398,014|1,398,014|
||Creditors due within one year|||||||||||(353,597)|(353,597)|
||Creditors due in more than one|||year||||||||(409,892)|(409,892)|
||Provisions
for liabilities|and charges||||||||||(3,994,024)|(3,994,024)|
||Total|||||||||||12,803,855|12,803,855|
|24.|Reconciliation
of net|movement|||in funds||to net|cash|flow from||operating|activities||
|||||||||||||2022|2021|
|||||||||||||f.||
||Net
income/expenditure|for||the|year|(as
per||Statement||of|Financial|||
||Activities)|||||||||||(1,362,977)|373,989|
||Adjustments
for:|||||||||||||
||Investment
income recognised|||in statement|||offinancial||activities|||(324,198)|(347,549)|
||Foreign exchange differences||||||||||||(8)|
||(Gain)/loss
on disposal|of investments||||||||||572,626|(5,606)|
||Fair value gains and losses on|||investment||||||||350,283|(559,441)|
||Depreciation
and impairment||oftangible|||fixed assets||||||17,816|17,816|
||Decrease/(increase)
in|debtors||||||||||(349,542)|12,966|
||Increase
in creditors|||||||||||29,013|5,550|
||Increase
in provision|||||||||||194,977||
||Net cash used in operating||activities|||||||||(872,002)|(502,283)|
##
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|||2022|2021|
|---|---|---|---|
|Cash|in hand|1,829,414|1,248,340|
|Total|cash and cash equivalents|1,829,414|1,248,340|
##
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||||||At 1||At 31|
|---|---|---|---|---|---|---|---|
||||||January||December|
||||||2022|Cash flows|2022|
||||||f.|f|f.|
|Cash|at bank and||in hand||1,248,340|581,074|1,829,414|
|Bank|overdrafts|repayable||on demand||(6,253)|(6,253)|
||||||1,248,340|574,821|1,823,161|
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