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2022-01-30-accounts

FOR ThE YEAR EIIDED 31 January 2W ABFCFHNN 2511012022 COMPANIES HOUSE A12

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Migdal Emunah Llmt•d CONTENTS 24 lTrJgwrvJont ExarnlnoTS' rnP)rt 13

Migdal Emunah Limited Diroctors. Report FOR THE YEAR ENDED 31 January 2022 Mtss IA J W•bb Mr l B¢sser Mtss S Brtyots MwL C•ll MBS R Freedman Dr D Kahn4arrls Small company provhl¢• Thi$ rw ha$ been pr•F•red In a¢￿d•r￿ fh pro¥is•M fft Part 15 of th• Companles £t 2006 ap[￿'table kn Comp￿1•S wbJ•ct b th# sm8￿ Ca)mwM8s rwm•. TNS rowjrt was approved ty tho bowd Lm....... .. 2022 ar#J siJr*d by its onjor. K41ss M J Webb

loin both and inG¢m. Th¢4Saytodaymon•3•twrtdth¢WtyIBdothwith ty tho CEO. athe Invohfementfromthè Bo8nJ ofTrt￿. imp8 enswvthe Lslforrwr nt We ISVA bwd r ISVAbased In Lcffjdci in part fimd8d byth? rekn￿l k(al and Our ISVA% li￿ pl•tlthThs phw• ¢Jrir¥J Ihè sMof2021. WPF¥tgrc4w Ira￿ti￿1￿ to kn pw8on As th8 #u1￿ofdknts OUiSNU8 w chwth8du￿l0ti of2(QO ft res￿¢1 th OWCEO thè 8ACP. AJI regldardw￿ and swvtsty)n. $•wOr￿ h#% )w toTh movod bact* byth8 8NS fAthe y.

19 End thatsfor• thi8 Ea¢JTh afIn(A?￿ hos To ff•b)a¢£ tre tsk8. Mwd•i 88 •ri ¢)p0rntl#MI iMplem￿ted soth•tkn • •l•watyfflthin¥xd. 1Bt￿lsfor81c￿ knv1wAToll￿ 81al• alaff•rs fAtheolwtyand orth• In wepar¥¥ Ib•fi￿n(all ststsm•nts. the TrpJ5t8w arn r•qu¥•J kn." atany ffftohtyal ofthè c￿ltyand lo enabktsm lo8￿L￿R Ihall finan(xal Stsilen￿ts C￿be$&￿t 2011. th•aFokat4p Cl￿ribeS {AcC￿n￿￿￿ and Ropjts) J W•bb

Migdal Emunah Limited INDEpENDE￿r EXAMINERS REPORT I report ffi the financ4al statements of MwJdal Emunah LIrnrt￿ Ilts Charity) for the y ended 31 January 2022 are set pages &13. Respeth rnsponsllmlitles of tru8tees and oxamlnw The charitys trustees are resF•)nsible for the preparati(￿ of finanoal stst¢ments. The charitys trustees consider than an audit is nol requiwed fN this uryjer 14412) of the Ghwilies Act 2011 (the 2011 a¢ll 8nd Ihat an IndeP￿ent ewninalbj) ts n880ed. It Is my r9$F￿sIt￿rty1o. Examing the fttwK¥81 uTrJors¢dim 145 of the 2011 Act Follcm tha wc¢8dLWOS lamj dwb in the Gerwal gNen bythe Charrtycommission under se(¢Jn 14515} B of the 2011 * B•$l$ ot Indep•ndert wmlnerfs r•port My examinatty)n was ￿Tled out in aecordance I￿1h the General DireetN)ns gven by the Charfty Commlssion. kn examination includes a mvisw of the ar£￿￿ting ￿OrdS kepy by thè tharity and a comparison of the financial statements pr￿n10￿ wth thosè rèwds. If atso ￿ClUdeS ¢onsiderBtion of any unusul itwns ty dis(905UfyS Ihe finan(ial stalements. and th8 sed(irvJ of explanatM)ns from you 8S tru$te¢s concemiry any suth m8tteTr. prOwlU￿ Wldertsken not K¥ovJ8 all Ihe eviderKe that would be requE￿d in an audit and consequenty IKJ opwiion 15 given as to %thèther the flnandal statements Indeptrndent •xamineff5 Statement In connoclion %Mth rny e￿inall)n, no matterha5 ctrneto my atten1￿. 1) ￿1th gives me reasc￿a￿e cause to tke¥e tha( in any mateFial ospelt the requirements: To keep acrAwntw￿ in accorrjance Vith sec1K￿ 130 of Ihe 2011 Act and To prepare the finaNial statements Nthich ?Ih the accounting TeLy)rds and compty with tho a¢¢ounling reouwoments of the 2011 kt b8en met c 21 kn whth. ￿ mv oThnion. attent•)n ￿K￿ld b& dram in Lyder ki en*>lo a prop8r und8r51aTrfiThJ of the nanaal statemants to b8 rethj. Emma Benjamln CA lnd0p•nd￿t Ex•miney Ollver Clive And Co Ltd Dat8.. 41101202

Mlgdal Emynah Llmltod STATEIAENT OF FIN￿¢￿ Acriv INCLUDIMG INCOIIE ExpeNDITURE Accouiir FOR ThE YEAR eNDEO 31 ￿nUVY2022 44On 1s,•n 110,W I￿510) 11K¥20) 4J.19>

Mlgdal Emunah Llmlted BALANCE SHEEr AS AT 31 January 2022 1.376 23. A¢ryu8dlncomo 81,912 •i194 J.911 572 sp $68M 57283 404 M$ M J Webb

Migdal Emunah Limiled NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 January 2022 igdal Ernunah knrnit•d llh• eomForf) v& a Ikntted r?yrpryyn￿rt and in England ar¥J Wth The re9oiwJ offir i8 ¢errtr4 HO￿e. 1 Balwth L4r. Fthey. En￿￿1, N3 ILQ. l A¢¢ouniing accLX4nts in actoFdarKe th8 RoFw siaTrJanJ ap"¢at49 in Iho UK RopulAt of Ireland IFRS 1021 l•ffecbve 1 Jwi ￿l51_ {Ch¥jW SORP IFRS 10211. lh• Financial Reports"ng St￿￿￿d •xAKaL48 in tr• UK and Rew1 IFRS 1021 aThJ Mtgdd Emun Lirnrfed m••ts tha benefit thiwy wder FRS 102. Ass•ts arnl to c¢ntinu• as a gcing coMm. IncL¥n• subject to iuNling psrformaTrx tr rth8rity is wTrbtied to the funds, tho For acies. erthr￿1 is tak￿ a ease by c4 basis as tha •artwdthe dète ¢)n ￿th.. dtstn"bulton is rè(vèd frcffi tr* eslate. Rwt ofa189ocy. in wt￿10 OT in parL t5 only cornkl•r•d

Migdal Emunah Llmlted NOTES TO THE ACCOUNTS ICOPrnNUED) FOR THE YEAR ENDED 31 January 2022 ¢) In¢om• (contln bythe th•llty whith • rvmalty upon ir¥est pakj ty pardbl• ty tho bank. the dMdgTr3 tkn. Thi$ is u¢th ntsbficakn inv8stin8nt tha dr￿dend Spons(ntrip frcffi ovwts. fpArir4 •nrds wlslrabon foes arè roc£wJnthd IA whon tho for those orl8L?lrfiès il been requi￿ to purehas• Ihem. lth a Oyres￿n9 grty in I￿orr at the vahw lo iarity the other enty boiNJ rAk¥taltsod in fix•d a5s0ts. Supp)rt C4)sts ar• ale<at•J tr) •ath ofthè on Oftrfd1ty￿ fv basis.. ftoor sw to each 8thknjtab￿ hO￿lr¥4. Mcye deta6 +Xb tho an*sB of 1$ gfr4en In note 2

Migdal Emunah Limit•d NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 January 2022 h) Gish atb•n andln hand Cash al baw and cash in har1 ￿>jud•S $I￿rtterM hghiy Trhlth a short matyrity ofthree meoth or I￿S from the d•1• 01x9￿81￿on OT oftr ttspJ5it c 11 &¥cat4y res￿ in the traMf8r oyfvnds lo a trwd pwty and Ihe arn￿t to s•tdg the ob¥gaULY after al￿n9 for ory trJ• due. 11 Tanttvn Tho cornpany w rA￿$thre￿ lo pas5 the t85ts sot in Par4r• I SKh•Jdo 6 of the Art ld exclLk5iv8ty lo clwitst4e wrpus•s. k) Judw•nts and k•ysow¢•B •lwlln In fv appli¢alron of th¢ acoJurliThJ tr1nes we Trquyed to rnakepSgements, ests'mat¢5 and assumptions afy)utthè carrying arTrJmt dassots and Ihat arn not rgadily aFywent

Mlgdal EmuThah Llmlt•d OTES TOTHEACCOUNTS (CONTINUED) FOR The YE•41 ENDED J1 Jaw2422 813 Stsff 60. V.016 31415 Audlt 353 2.029 *AXU Titsi

lA1gd￿ emunah Umlt•d NOTES TO THÉ ACCOUNTS {CONTWUtD} FOR ThE YEAR ENDED 31 2Q22 1$2n 20341 7.750 1M17 21.618 Web9t•&d•%wJn 841 18 1417 TwVffi9 1JJ )7 I10.1￿> 977 431

Mlgdal Emunah NOTES TOThEACCOUIITS {COIlTM￿l FOR ThE YEAR E¥DED 31 janu￿ 2 $76 56A $7 Jl 4*nthry 13211 43.193 13 43.193