2021-12-31-accounts - Lpw Limited

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			2021	2021	2020
			Unrestricted
			funds	Total funds	Total funds
		Note
INCOME AND ENDOWMENTS
Donations and legacies Investment income		5	475,896 1,136,704	475,896 1,136,704	1,450,000 1,076,946
TOTAL INCOME			1,612,600	1,612,600	2,526,946
EXPENDITURE
Expenditure on raising funds: Investment management	costs		(507,936)	(507,936)	(427,857)
Expenditure on charitable activities		6,7	(472,548)	(472,548)	(280,002)
TOTAL EXPENDITURE			(980,484)	(980,484)	(707,859)
NET INCCME ANN NET MOVEMENT IN TUNES			632 116	632 116	I 1119667
RECONCILIATION OFFUNDS
Total funds brought forward			18,450,901	18,450,901	16,631,814
TOTAL FUNDS CARRIED	FORWARD		19,083,017	19,083,017	18,450,901

		31DECEMBER 2021	31DECEMBER 2021
			2021	2020
		Note	g
FIXEDASSETS
Tangible fixed assets Investments		11 12	4,088 21,783,396		5,450 21,283,396
			21,787,484		21,288,846
CURRENT ASSETS
Debtors		13	155,624	68,752
Cash at bank and in hand			2,274,097	2,154,545
			2,429,721	2,223,297
CREDITORS: amounts	falling due
within one year		14	(134,188)	(61,242)
NKT CURRENT ASSETS			2,295,533		2,162,055
TOTAL ASSETSLESS	CURRENT
LIABILITIES			24,083,017		23,450,901
CREDITORS: amounts after more than one year	falling due		(5,000,000)		(5,000,000)
NET ASSETS			19,083,017		18,450,901
FUNDS OF THE CHARITY
Unrestricted funds			19,083,017		18,450,901
TOTAL CHARITY FUNDS		16	19,083,017		18,450,901

LPW LIMITED COMPANY LIMITED BYGUARANTE STATEMENT OF CASH FLOWS YEAR ENDED 31DECEMBER 2021	E
	2021	2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	632,116	1,819,087
Adj usrmenrs for: Depreciation oftangible fixed assets Dividends, interest and rents from investments	1,362 (1,136,670)	1,817 (648,584)
Other interest receivable and similar income	(34)	(505)
Interest payable and similar charges Accrued expenses	451 3,034	474
Cash generated from operations	(499,741)	1,172,289
Interest paid Interest received	(451) 34	(474) 505
Net cash (used in)/from operating activities	(500,158)	1,172,320
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interest and rents from investments Purchases ofother investments	1,136,670 (500,000)	648,584 (223,396)
Changes in trade and other debtors Changes in trade and other creditors	(86,872) 69,912	(27,331) (24,939)
Net cash from investing activities	619,710	372,918
CASH FLOWS FROM FINANCING ACTIVITIES
Repayments of borrowings		(2,326)
Net cash used in financing activities		(2,326)
NET INCREASE IN CASH AND CASH EQUIVALENTS	119,552	1,542,912
CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR	2,154,545	611,633
CASH AND CASH EQUIVALENTS AT END OFYEAR	2,274,097	2,154,545

5.	DONATIONS AND LEGAC	IES
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
					f
	DONATIONS
	Donations received	475,896	475,896	1,450,000	1,450,000
6.	EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE

EXPEND	RITABLE ACTIVITIES	BYFUND T	YPE
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021	Funds	2020
Donations paid Support costs	456,694 15,854	456,694 15,854	242,750 37,252	242,750 37,252
	472,548	472,548	280,002	280,002

7.	EXPENDITURE ON C	HARITAB	LE AC	TIVITIE	S BY	ACTIVIT	Y TYPE
			Grant	funding			Total funds	Total fund
			of	activities	Support costs		2021	2020
	Donations paid Governance costs			456,694		1,543 14,311	458,237 14,311	244,949 35,053
				456,694		15,854	472,548	280,002
	Included in donations paid are grants		made to the following			institutions:
	Kupath Gemach Torah and Chesed (BH) Ltd Aiming High London Aniyei Haolam Trust British Friends of Chatzer Hakodesh		Viznitz					72,000 38,234 36,000 36,000 36,000
	Edupoor Ltd Rise and Shine Viznitz Institutions Trust							36,000 36,000 36,000
	Kehal Chasidei Wiznitz Keren Habinyan Ltd	Ltd						25,000 25,000
	Less than f20,000							80,460
	Total							456,694
	Analysis ofGrants to Institutions:
	Reliefofpoverty Advancement ofeducation							201,650 113,500
	Advancement ofthe Jewish religion Other general charitable purposes							100,294 41,250
	Total							456,694
8.	ANALYSIS OF SUPPORT COSTS
					Support costs		Total 2021	Total 2020
						t
	General office					1,543	1,543	2,199
	Governance costs					14,311	14,311	35,053
						15,854	15,854	37,252

Net income is stated after charging/(crediti	ng):
		2021	2020
Depreciation oftangible fixed assets		1,362	1,817
Fees payable for the audit ofthe financial	statements	9,000	6,600

The charity did not meet any expenses incurred by the trust charity. TANGIBLE FIXEDASSETS	ees for services provided to the
	Fixtures and
	fittings
Cost
At 1January 2021 and 31December 2021	28,986
Depreciation
At I January 2021	23,536
Charge for the year	1,362
At 31December 2021	24,898
Carrying amount At 31December 2021	4,088
At 31 December 2020	5,450
INVESTMENTS
	Investment
	properties
Fair value
At 1 January 2021	21,283,396
Additions	500,000
At31December 2021	21,783,396
Carrying amount At31December 2021	21,783,396
At 31 December 2020	21,283,396

13.	DEBTORS
			2021	2020
	Trade debtors		106,371	21,702
	Prepayments and accrued	income	49,253	47,050
			155,624	68,752
14.	CREDITORS: amounts	falling due within one year
			2021	2020
	Trade creditors		57,444	17,498
	Accruals and deferred income		32,330	29,296
	Social security and other	taxes	21,085	3,448
	Other creditors		23,329	11,000
			134,188	61,242
15.	CREDITORS: amounts	falling due after more than one year
			2021	2020
				f.
	Bank loans and overdratts		5,000,000	O,OOO,OOO