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2021-05-31-accounts

Page
Trustees'
report
1-3
Independent
auditor's
report 4-6
Statement offinancial activities
Balance sheet
Statement
ofcash flows
Notes to the financial statements 10-13

Unrestricted Unrestricted
funds funds
2021 2020
Notes K 6
hgemfmm;
Donations
and
legacies 2 3,001,518 3,258,289
KttggtttI'ttfftgft'
Charitable
activities
3 2,982,163 3,267,899
Net income/(expenditure) for the yearl
Net movement in funds 19,355 (9,610)
Fund balances at 1 June 2020 31,618 41,228
Fund balances at 31 May 2021 50,973 31,618

2021 2020
Notes f.
Current assets
Cash at bank and in hand 56,973 37,618
Creditors: amounts falling due within
one year 8 (6,000) (6,000)
Net current assets 50,973 31,618
Income funds
Unrestricted
funds
50,973 31,618
50,973 31,618

2021 2020
Notes E 2
Cash flows from operating activities
Cash generated from operations 10 19,355
Net cash used in investing activities
Net cash used in financing activities
Net increase
in
cash and cash equivalents 19,355
Cash and cash equivalents at beginning ofyear 37,618
Cash and cash equivalents at end of year 56,973

2 Donations and legacies and legacies and legacies
Unrestricted Unrestricted
funds funds
2021 2020
Donations and gifts 3,001,518 3,258,289
3 Charitable activities
2021 2020
8 8
Operating costs 1,346 699
Grant funding ofactivities (see note 4) 2,974,817 3,261,200
Share ofgovernance costs (see note 5) 6,000 6,000
2,982,163 3,267,899

2021 2020
8 F
Grants to institutions (113grants):
Beis Soroh Schneirer 116,400 46,100
Betel Hachoma
Torah
and Charity 61,310 54,120
Amud Hachsed
Charity
ILS 1,938,635 930,410
Merim Community 10,000 54,150
North London Welfare 15,000 42,000
Kolel Chosen Yeshuot 28,650
Other 11,633 13,600
2,181,628 1,140,380
Grants to individuals (268 grants) 793,189 2,120,820
2,974,817 3,261,200

7 Employees
The average
monthly
number
ofemployees during the year was:
2021 2020
Number Number
Total
There were no employees
whose annual
remuneration was more than F60,000.
8 Creditors: amounts
falling due within
one year
2021 2020
6
Accruals and deferred
income
6,000 6,000
9 Related party transactions
There were no disclosable
related
party transactions during the year (2020 —none).
10 Cash generated
from operations
2021f 2020
E
Surplus/(deficit)
for the year
19,355 (9,610)
Movements
in working
capital:
(Increase)/decrease
in debtors
20,000
Cash generated
from operations
19,355 10,390
11 Analysis
ofchanges
in net funds
The charity
had no debt during
the year.