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|---|---|---|---|---|---|
|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|
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||||||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|
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||||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|
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|||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|
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|||||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|
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|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|
##
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|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|
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|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|
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|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|
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|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|
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|||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|
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|||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)|
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