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2022-05-31-accounts

Page
Trustees'
report
1-2
Statement oftrustees' responsibihties
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
2022 2021
Notes 6
Ittggm~m;
Donations
and legacies
2 3,137,287 3,001,518
KmggtIIIttrgJttt
Charitable
activities
3 3,122,191 2,982,163
Net income for the year/
Net movement in funds 15,096 19,355
Fund balances at 1 June 2021 50,973 31,618
Fund balances at 31 May 2022 66,069 50,973

2022 2021
Notes f 6
Current assets
Cash at bank and in hand 72,669 56,973
Creditors: amounts falling due within
one year (6,600) (6,000)
Net current assets 66,069 50,973
Income funds
Unrestricted
funds
66,069 50,973
66,069 50,973

2022 2021
Notes 6 6
Cash flows from operating activities
Cash generated from operations 10 15,696
Net cash used in investing activities
Net cash used in financing activities
Net increase
in
cash and cash equivalents 15,696
Cash and cash equivalents at beginning ofyear 56,973
Cash and cash equivalents at end of year 72,669

Unrestricted Unrestricted
funds funds
2022 2021
8 5
Donations and gifts 3,137,287 3,001,518
Charitable activities
2022 2021
E
Operating costs 448 1,346
Grant funding ofactivities (see note 4) 3,115,143 2,974,817
Share ofgovernance costs (see note 5) 6,600 6,000
3,122,191 2,982,163

2022 2021
f
Grants to institutions:
Beis Soroh Schneirer 104,000 116,400
Betal Hachoma
Torah and Charity
61,310
Amud Hachsed
Charity ILS
602,415 1,938,635
Merim Community 10,000
North London Welfare 18,000 15,000
Chayim Shel Torah 760 28,650
YeshuotAshdod 23,875
Zwil Yeshiva 6,848
Other 11,633
755,898 2,181,628
Grants to individuals 2,359,245 793,189
3,115,143 2,974,817

The average
monthly
number number ofemployees ofemployees ofemployees dunng the year was: the year was:
2022 2021
Number Number
Total
There were no employees whose annual remuneration was more than E60,000.
8 Creditors: amounts falling due within one year
2022 2021
E E
Accruals and deferred income 6,600 6,000
8 Related party transactions
There were no disclosable related party transactions during the year (2021 - none).
10 Cash generated
from operations
2022 2021
E E
Surplus
for the year
15,096 19,355
Movements
in working
capital:
Increase
in creditors
600
Cash generated
from operations
15,696 19,355