2020-11-30-accounts

					PAGE
Trustees'	annual report	(incorporating	the director's report)		1to 5
Independent auditor's		report to the members
Statement	offinancial	activities (including		income and expenditure
account)					10
Statement	offinancial	position
Statement	ofcash flows				12
Notes to	the financial	statements			13

					2020		2019
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	8
Income and endowments
Donations and legacies			5	1,130,593	43,060	1,173,653	585,135
Investment income			6	1,158		1,158	1,205
Other income			7	13,049		13,049	65,690
Total income				1,144,800	43,060	1,187,860	652,030
Expenditure
Expenditure on raising funds:
Costs ofraising donations		and
legacies			8	(17,269)		(17,269)
Expenditure on charitable	activities		9,10	(307,233)	(44,078)	(351,311)	(372,015)
Total expenditure				(324,502)	(44,078)	(368,580)	(372,015)
Net income and net movement		in	funds	820,298	(1,018)	819,280	280,015
ReconciTiation offunds
Total funds brought forward				1,014,540	1,041,441	2,055,981	1,775,966
Total funds carried forward				1,834,838	1,040,423	2,875,261	2,055,981

			30NOVEMBER 2020	30NOVEMBER 2020
				2020	2019
			Note
Fixed assets
Tangible fixed assets			17	3,239,809	3,168,251
Current assets
Debtors			18	37,411	20,792
Cash at bank	and in hand			771,092	254,723
				808,503	275,515
Creditors: amounts		falling due
within one year			20	(150,571)	(173,636)
Net current	assets			657,932	101,879
Total assets	less current liabilities			3,897,741	3,270,130
Creditors: amounts		falling due after
more than one year			21	(1,022,480)	(1,214,149)
Net assets				2,875,261	2,055,981
Funds ofthe	charity
Restricted funds				1,040,423	1,041,441
Unrestricted	funds			1,834,838	1,014,540
Total charity	funds		23	2,875,261	2,055,981

HALEV LIMITED	HALEV LIMITED	HALEV LIMITED	HALEV LIMITED
COMPANY LIMITED BYGUARANTEE
	STATEMENT OF CASH FLOWS
	YEARENDED 30NOVEMBER 2020
				2020	2019
		Note
Cash flows from operating	activities
Net income				819,280	280,015
Adjustments for:
Depreciation oftangible fixed assets				2,423	2,671
Other interest receivable and similar income				(1,158)	(1,205)
Accrued (income)/expenses				(4,320)	3,517
Changes in:
Trade and other debtors				(16,619)	25,486
Trade and other creditors				(13,196)	(10,618)
Cash generated from operations				786,410	299,866
Interest received				1,158	1,205
Net cash trom operating activities				787,568	301,071
Cash flows from investing	activities
Purchase oftangible assets				(73,981)	(2,100,488)
Net cash used in investing	activities			(73,981)	(2,100,488)
Cash flows from financing	activities
Proceeds from borrowings				(196,006)	1,280,909
Net cash (used in)/from financing activities				(196,006)	1,280,909
Net increase/(decrease) in cash and cash		equivalents		517,581	(518,508)
Cash and cash equivalents	at beginning	ofyear		252,121	770,629
Cash and cash equivalents	at end ofyear		19	769,702	252,121

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
Donations
Donations		1,117,349	43,060	1,160,409
Other donations	and legacies
Events income		13,244		13,244
		1,130,593	43,060	1,173,653
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2019
				0
Donations
Donations		525,545	40,700	566,245
Other donations	and legacies
Events income		18,890		18,890
		544,435	40,700	585,135

				Unrestricted	Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
						g
	Bank interest	receivable			1,158	1,158	1,205	1,205
7.	OTHER INCOME
				Unrestricted		Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
	Other income				3,306	3,306	3,437	3,437
	Rental income						62,253	62,253
	Coronavirus	Job Retention	Scheme
	Grant				9,743	9&743
					13,049	13,049	65,690	65,690
8.	COSTSOFRAISING DONATIONS			AND	LEGACIES
				Unrestricted		Total Funds	Unrestricted	Total Funds
					Funds	2020	Funds	2019
	Costs ofraising donations		and legacies
	-Donations				17,269	17,269
9.	EXPENDITURE ON CHARITABLE			ACTIVITIES BYFUND TYPE
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2020
								g
	Advancement	ofthe Orthodox Jewish faith				301,833	44,078	345,911
	Support costs					5,400		5,400
						307,233	44,078	351,311
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2019
	Advancement	ofthe Orthodox Jewish faith				363,457	1,598	365,055
	Support costs					6,960		6,960
						370,417	1,598	372,015

10.	EXPENDIT	URE ON CHARITABLE	ACTIVITIE	S BYACTIVI	TY TYPE
			Activities
			undertaken		Total funds	Total fund
			directly	Support costs	2020	2019
	Advancement	ofthe Orthodox Jewish
	faith		345,911		345,911	365,055
	Governance	costs		5,400	5,400	6,960
			345,911	5,400	351,311	372,015
11.	ANALYSIS	OF SUPPORT COSTS
				Analysis of
				support costs	Total 2020	Total 2019
	Governance	costs				1,560
	Audit fees			5,400	5,400	5,400
				5,400	5,400	6,960
12.	ANALYSIS	OF GRANTS
					2020	2019
	Grants to institutions
	Grants to Institutions				3,600	3,841
	Grants to individuals
	Grants to Individuals				520
	Total grants				4,120	3,841
13.	NET INCOME
	Net income	is stated after charging/(crediting):
					2020	2019
	Depreciation	oftangible fixed assets			2&423	2,671
14.	AUDITORS REMUNERATION
					2020	2019
	Fees payable	for the audit ofthe financial	statements		5,400	5,400

STAFF COSTS	YEARENDED 30NOVEMBE	R 2020
The total staff costs and	employee benefits for the reporting	period are analysed as	follows:
		2020	2019
Wages and salaries		60,656	44,935
Employer contributions	to pension plans	603	65
		61,259	45,000

TANGIBLE FIX	EDAS	SETS
		Land and	Plant and	Motor
		buildings	machinery	vehicles	Torah scrolls	Total
			6
Cost
At 1 December 2019		3,123,530	7,371	18,000	39,900	3,188,801
Additions		62,981			11,000	73,981
At 30November	2020	3,186,511	7,371	18,000	50,900	3,262,7$2
Depreciation
At 1 December 2019			4,879	14,873	798	20,550
Charge for the year			623	782	1,018	2,423
At 30November	2020		5,502	15,655	1,816	22,973
Carrying amount
At 30November	2020	3,186,511	1,869	2,345	49,084	3,239,809
At 30November 2019		3,123,530	2,492	3,127	39,102	3,168,251
DEBTORS
					2020	2019
Trade debtors					2,110
Prepayments and	accrued	income			1,518	1,743
Other debtors					33,783	19,049
					37,411	20,792

CASH AND CASH EQ	UIVALENTS
Cash and cash equivalents	comprise the following:
		2020 f	2019
Cash at bank and in hand		771,092	254,723
Bank overdraits		(1,390)	(2,602)
		769,702	252,121
CREDITORS: amounts	falling due within one year
		2020	2019
		K
Bank loans and overdrafls		68,590	74,139
Trade creditors		757	18,742
Accruals and deferred income		5,400	9,720
Social security and other	taxes		197
Other creditors		75,824	70,838
		150,571	173,636
CREDITORS: amounts	falling due after more than one year
		2020	2019
Bank loans and overdrails		1,022,480	1,214,149

Unrestri	cted funds
			At
		1	December			At
			2019	Income	Expenditure	30Nov 2020
			6
General	funds		1,014,540	1,144,800	(324,502)	1,834,838
			At			At
		1	December		30November
			2018	Income	Expenditure	2019
General	funds		773,627	611,330	(370,417)	1,014,540

		At
		1 December			At
		2019	Income	Expenditure	30Nov 2020
Building Fund		1,002,339	43,060	(43,060)	1,002,339
Other restricted	funds	39,102		(1,018)	38,084
		1,041,441	43,060	(44,078)	1,040,423
		At			At
		1 December			30November
		2018	Income	Expenditure	2019
				8
Building Fund		1,002,339			1,002,339
Other restricted	funds		40,700	(1,598)	39,102
		1,002,339	40,700	(1,598)	1,041,441

				Unrestricted	Restricted	Total Funds
				Funds	Funds	2020
Tangible	fixed assets			2,199,386	1,040,423	3,239,809
Current	assets			808,503		808&503
Creditors	less than	1 year		(150,571)		(150,571)
Creditors	greater than		1 year	(1,022,480)		(1,022,480)
Net assets				1,834,838	1,040,423	2,875,261
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2019
Tangible	fixed assets			2,126,810	1,041,441	3,168,251
Current	assets			275,515		275,515
Creditors	less than	1	year	(173,636)		(173,636)
Creditors	greater than		1 year	(1,214,149)		(1,214,149)
Net assets				1,014,540	1,041,441	2,055,981

		At		At
		1Dec 2019	Cash flows	30Nov 2020
Cash	at bank and in hand	254,723	516,369	771,092
Bank	overdrafts	(2,602)	1,212	(1,390)
Debt	due within one year	(71,537)	4,337	(67,200)
Debt	due afler one year	(1,214,149)	191,669	(1,022,480)
		(1,033,565)	713,587	(319,978)