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2021-12-31-accounts

31.12.21 31.12.20
Unrestricted Restricted Endowment Total Total
funds fund fund funds funds
Notes E E E E
INCOME AND
ENDOWMENTS FROM
Donations
and legacies		 3 424,078 114,649 538,727 543,303
Charitable
activities
Indiwduals 3,612 3,612 6,339
Churches 8,954 8,954 6.652
Annual
conference		 42,872 42,872 5,128
Shoresh tours 1,225 1,225
Subscription
fee		 17,200 17,200 18,145
Other tradmg
activioes		 22,261 22,261 20.067
Investment
income		 1,229 1,229 3,583
Other income 21,534 21,534 54,226
Total 542,965 114,649 657,614 657,443
EXPENDITURE ON
Raising funds 8 45,208 45,208 35,424
Charitable
activities
Is ael 101,456 4,668 106,124 145,997
Unired
Kmgdom		 323,808 3 323,811 235,642
Other 211,309 211,309 201,564
Total 681,781 4,671 686,452 618,627
Net gains on investments 27,137 27,137 77.948
NET
INCOME/(EXPENDITURE) (111,679) 109,978 (1,701) 116,764
Other recognised gains/(losses)
Actuarial
gams/(losses)		 on defined
benefit schemes (8,152) (8,152) (13,425)
Net movement in funds (119,831) 109,978 (9,853) 103,339
RECONCILIATION OF
FUNDS
Total funds brought forward 1,300,916 2,952 566,367 1,870,235 1,766,896

31.12.21 31.12.20
Unrestricted Restricted Endowment Torsi Total
funds fund fund funds funds
Notes E E E E
TOTAL FUNDS CARRIED
FORWARD 1,181,085 112,930 566,367 1.860.382 1,870,235

31. 12.2
I		 31 12.20
Notes 6
FIXEDASSETS
Tangible assets 15 344,245 346,885
Investments 16 914,830 889,031
1,259,075 1,235,916
CURRENT ASSETS
Stocks 17 12,278 13,671
Debtors IB 145,367 2.8,270
Cash at bank and
in hand		 19 604,369 756,235
762,014 798,176
CREDITORS
Amounts
falhng due wirhin one year		 20 (33.007) (28,757)
NET CURRENT ASSETS 729,007 769,419
TOTAL ASSETS LESSCURRENT
LIABILITIES 1,988,082 2,005,335
PENSION LIABILITY 24 (127.700) (135,100)
NET ASSETS 1,860,382 1,870,235
FUNDS 23
Unresrricred
funds:
Genet ai funds 382,522 636,016
Unrestncted
pension reserve		 (127,700) (135,100)
M nimum
reserves		 300,000 300,000
Succession & reorganisaoon 486,263 500,000
israel Loan Fund 140,000
1,181,085 1,300,916
Restricted
funds		 112,930 2,952
Endowment
funds		 566,367 566,367
TOTALFUNDS 1,860,38?. 1,870,235

Cash Flow Statement Cash Flow Statement
for the Year Ended 31 December 2021
3I.I2.2
I		 31 12.20
Notes E
Cash flows from operating activities
Cash generated
from operaoons		 (151,509) 21.272
Net cash (used in)/provided
by operating		 acovities (151,509) 21.272
Cash flows from investing activities
Purchase o( tangible
fixed assets		 (2,924) (7,433)
Purchase of fixed asset investments (326) (513)
Sale o(fixed asset investments 1,664 1.635
Interest received 1,229 1,778
Net cash used
m invesong
acovities		 (357) (4,533)
Change
in cash and cash		 equivalents in the
reporting
period		 (151,866) 16,739
Cash and cash equivalents at the beginning
ofthe reporting
period		 756,235 739,496
Cash and cash equivalents at the end of
the reporting
period		 604,369 756.235

RECONCILIATIO
ACTIVITIES		 N
OF		 N ET (EXPENDITU RE)/INCOME
TO NET CAS		 H FLOW FROM OPER ATING
3I.I2.2
I		 31.12.20
Net (expenditure)/income for the reporting period (as per the
Statement ofFinancial Activities) (1,701) 116.764
Adjustments
for:
Depreciation
charges		 5,564 5,670
Gain on mvestments (27,137) (77,948)
Interest received (1,229) (1,778)
Decrease/(marcato)in stocks 1,393 (2.948)
Increase
in debtors		 (117,097) (3.081)
Increase/(decrease) in creditors 4,250 (682)
Difference between pension charge and cash contributions (15,552) (14,725)
Net cash (used in)/provided by operations (151,509) 21,272
2, ANALYSIS OF CHANGES IN NET FUNDS
Ar. 1.1.21 Cash ffow Ar.31.12.21
E E
Net cash
Cash at bank and in hand 756,?35 (151,866) 604.369
756,235 (151,866) 604,369
Total 756,235 (151,866) 604,369

3. DONATIONS DONATIONS AND LEGACIES
31.12.21 31.12.20
E E
Appeals 44,896 42,695
Donations 364,913 278,712
Gift aid 31,875 32,988
Legacies 97,043 188,908
538,727 543,303
4. OTHER TRADING ACTIVITIES
3I.I2.2
I		 31.12.20
E
Olive Press sales 5,425 1,861
Royalries 16,836 18,206
22,261 20,067
5. INVESTMENT INCOME
3I.I2 2
I		 31.12.20
E
Rents received 1,805
Deposit accoum interest 393 1,127
(Loss)/gain on disposal of investment 836 651
1.229 3,583
6. INCOME FROM CHARITABLE ACTIVITIES
31.12 21 31.12.20
Source E E
Individuals 3,612 6,339
Churches 8,954 6,652
Annual
conference		 42,872 5.128
Shoresh tours 1,225
Subscnption fee 17,200 18,145
73,863 36.264

31.12.21 31.12.21 31.12.20 31.12.20
CJRS Grants 21,534 54,226
Amounts
received
marked		 as 'CJRS grants' are monies receivable in connection with the Coronawrus Job Retention
Scheme.
There		 are no unfulfilled condioons attached to these grants and no orher government assistance has
been
received.
RAISING FUNDS
Other trading activities
31.12.21 31.12.20
f. E
Fundraising
and		 pubhcity 45,208 35,424
9. CHARITABLE ACTIVITIES COSTS
Direct
Costs
E
Israe I 106,124
United
Kmgdom		 323,811
429,935
10. SUPPORT COSTS
Staff Governance
costs Administraoon COStS Tots/s
E E
Ocher resources expended 117,683 86,326 7,300 211.309
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.21 31.1220
E E
Independent
examiners		 fee 6,000 5.880
Depreoation
- owned		 assets 5,564 5,670
Operaong
tease		 payments 34,736 44,316
Other accountancy
services		 1,338

3I.I2.2
I		 31.12.20
6
Wages and salaries 259,602 213,108
Social security costs 19,825 18,394
Other pension costs 19,177 20,972
298,604 252,474
The average monthly number of employees during the year was as follows;
31 12.21 31.12.20
Pensione
s		 3 3
Umred Kmgdom 6 5
Administr
anon		 7
16
The number of employees whose employee benefits (excluding employer pension costs) exceeded 660,000was:
31.12.21 31.12.20
660,001 - 670,000

COMPARATIVES FORTHE S TA TEMENT OF FINANCIAL AC TIVITIES
Unrestricted Restricted Endowment Total
funds fund fund funds
/ 6
INCOME AND ENDOWMENTS FROM
Donations
and legaoes		 482,255 61,048 543,303
Charitable
activities
Individuals 6,339 6,339
Churches 6,657 6,652
Annual
conference		 5,128 5,128
Subscripoon
fee		 18,145 18,145
Other trading
activities		 20,067 20,067
Investment
income		 3,583 3,583
Other income 54,226 54,226
Total 596,395 61,048 657,443
EXPENDITURE ON
Raising funds 35,424 35,424
Charitable
activities
Israel 90,000 55,997 145,997
United
Kingdom		 221,190 14,452 235,642
Other 201,564 201,564
Total 548,178 70,449 618,627
Net gains on mvestments 77,948 77,948
NET INCOME/(EXPENDITURE) 126,165 (9,401 ) 116,764
Transfers between funds (10,000) 10,000
Other recognised
gains/(losses)
Actuarial
gains/(losses)		 on defined benefit schemes (13,425) (13,425)
Net movement
in funds		 102,740 599 103,339
RECONCILIATION OF FUNDS
Total funds brought forward 1,198,176 2,353 566,367 1,766,896
TOTAL FUNDS CARRIED FORWARD 1,300,916 2,952 566,367 1,870,235

Freehold Office Motor
property equipment vehicles Totals
6 6
COST
Ar. I January
2021		 374,776 26,372 1,938 403,036
Addioons 2,924 2,924
Ar. 31 December 2021 374,726 29,296 1,938 405,960
DEPRECIATION
At I January
2021		 38,974 15,239 1,938 56.151
Charge for year 2,998 2,566 5,564
At 31 Deceinber 2021 41,972 17,805 1,938 61,715
NET BOOK VALUE
At 31 December 2021 332,754 11,491 344.245
At 31 December 2020 335,752 11,133 346.885

FIXEDAS SET INVESTMENTS
Listed
investments
MARKET VALUE
At
I January		 2021 889,031
Additions 326
Disposals (1,664 )
Revaluations 27.137
At 31 December 2021 914,830
NET BOOK VALUE
At 31 December 2021 914.830
At 31 December 2020 889.031
2021 2020
Market Market
Cost Value Cost Value
6 E 6
Unir. trusts 67,681 55.065 67,355 61,074
Shares
in O.E.I.C.		 572. 188 859,462 573,852 827.957
Cash on account 303 303
640, 172 914,830 641,207 889,031
17. STOCKS STOCKS
31.12.21 31.1220
E E
Stocks 12,278 13.671
18. DEBTORS
31.12.21 31.12.20
E E
Amounts falhng due within one year;
Trade debtors 82,404 2.1,344
Prepayments 2,963 6,926
85,367 28,270
Amounts falling due aker more than one year:
Other debtors 60,000
Aggregate amounts 145,367 28.270

CREDITORS: AMOUNTS
FALLING DUE WITHIN O		 NE YEAR
31.12 21 31.12.20
E E
Trade creditors 3,323 1,684
Social security
and other taxes		 6,486 148
Orher creditors 1,398 2,710
Deferred
income		 12,476 14.806
Accrued expenses 9,324 9,409
33,007 28,757

31.12.21 31.12.20
6
Withm one year 39,053 37,418
Between one and five years 62,530 84.000
101,583 121.418

Tangible fixed Other assets less
assets Beni& and cash liabiliues Total
6 6 6
Permanent Endowment Funds:
Jane Cook fund 147,369 147,369
Dolman Trust fund 196,876 82,694 279,570
A.C. Martin
Memorial		 fund 139,428 139,428
Restricted funds:
C. Payne literature (und 1,273 1,273
Israel- AISJ 59,012 59.012
Israel - Beit immanuel 31,633 31,633
Israel - Chnst Church 12,807 12.807
Israel - Other 1,944 1,944
UK 6.261 6,261
Unrestricted funds:
General
fund		 76,817 159,947 236,764
Minimum
reserves		 300,000 300,000
Succession 8 reorganisation 34,442 451,821 486.263
Israel Loan Fund 140,000 140.000
israel 18,058 18,058
344,245 604,369 911,768 1,860,382

Movement
in		 Movement
in		 Transfers Balance
Balance incoming ourgolflg between 3 I December
l)anuary
2021		 resources resources funds 2021
6 E 6
Permanent Endowment Funds
Jane Cook Fund 147,369 147,369
Dolman Trust Fund 279,570 279,570
A.C. Martin Memorial Fund 139,428 139,428
566,367 566,367
Restricted Funds
C. Payne literature fund 1,273 1,273
Israel- AISJ 59,140 (128) 59.012
Israel - Beit immanuel 32,505 (872) 31,633
Israel - Christ Church 822 15,643 (3,658) 12,807
Israel- Other 1,954 (10) 1,944
UK 857 5,407 (3) 6,261
2,952 114,649 (4,671) 112,930
Unrestricted Funds
General
Fund		 482,858 542,965 (649,059) 1140,000) 236,764
Designated Funds:
Mmimum
Reserves		 300,000 300,000
Succession 8 Reorganisauon 500,000 (13,737) 486,263
israel Loan Fund 140,000 140,000
Israel 18,058 18,058
1,300,916 542,965 (662.796) I,181,085
1,870,235 657,614 (667,467) 1,860,382

The Chanty The Chanty provides an unfunded discreoonary discreoonary discreoonary pension pension to 5 pensioners. The benefits are paid from rhe Charity's
general
fund.
The amounts recognised in the balance sheer. are as follows;
Defined benefit pension
plans
31.12.21 31.12.20
E E
Present value of unfunded obhgaoons (127,700) (135,100)
Deficit (127,700) (135,100)
Liability (127,700) (135.100)
The amounts recogmsed in the statement of financial acdvities are as follows;
Defined benefit pension
plans
31.12.21 31.12.20
E f
Ner. mterest from defined benefit liabihty 1,300 2,000
Changes in the present value ofthe defined benefit obligation are as follows;
Defined benefit pension
plans
31.12.21 31.12.20
E E
Defined benefit obligauon brought
forward		 135,100 136,400
Inrerest cost 1,300 2,000
Actuariallosses/(gains) B,200 13,425
Benefits paid (16,900) (16,725)
Defined benefit obligation carried forward (127,700) (135,100)

31.12.21 31.12.20
Discount rare 1.75% 1.05%
Future pension increases 3.05% 2.15%
Defined contribution scheme