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|||||||||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|||
##