| Trustees | Mr H Cree Lim | |
|---|---|---|
| Mr D Williams | ||
| Charity uumber | H59415 | |
| Registered | office | First Floor |
| 67Victoria Road | ||
| Horley | ||
| RH6 7QH | ||
| Auditor | Richard Place Dobson Services Limited | |
| Chartered Accountants | ||
| 1-7Station Road | ||
| Crawley | ||
| Wesst Sussex | ||
| RH10 1HT |
| Page | ||
|---|---|---|
| Trustees report | 1-2 | |
| Statement oftrustees | responsibilities | |
| Independent auditor's |
report | |
| Statement offinancial | activities | |
| Balance sheet | ||
| Statement ofcash flows | ||
| Notes to the financial | statements | 10-16 |
| Unrestricted | Unrestricted | Total | Unrestricted | |||
|---|---|---|---|---|---|---|
| funds | fuude | funds | ||||
| general | designated | gei'terai | ||||
| Notes | 2020 f |
2020 | 2020 | 2019f | ||
| IILc~og ffntg' | ||||||
| Donations and legacies |
3 | 5,320,349 | 2,532,248 | 7,852,597 | 10,000 | |
| ~Cb i bb |
||||||
| Investment inconie |
4 | 24,325 | 24,325 | |||
| Total iacome | 5,344,674 | 2,532,248 | 7,876,922 | 10,000 | ||
| Fx~n~itr~ | ||||||
| EntsingInndh | ||||||
| Charitable activities |
||||||
| Provision ofrelief to Israeli Soldiers | 5 | 240,846 | 240,846 | 5,170 | ||
| Total charitable | expenditure | 240,846 | 240,846 | 5,170 | ||
| Net income for | the year/ | |||||
| Net movement | in funds | 5,103,828 | 2,532,248 | 7,636,076 | 4,830 | |
| Fund balances at 3 July 2019 | 4,830 | 4,830 | ||||
| Fuad balances | at 31Deceinber 2020 | 5,108,658 | 2,532,248 | 7,640,906 | 4,830 |
| 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | f | ||||||||
| Fixed assets | |||||||||
| Investment | properties | 2,532,248 | |||||||
| Current assets | |||||||||
| Debtors | 777,860 | ||||||||
| Cash at bank and in hand | 4,339,798 | 4,830 | |||||||
| 5,117,658 | 4,830 | ||||||||
| Creditors: | amounts | falling due within | one | ||||||
| year | 10 | (9,000) | |||||||
| Net current | assets | 5,108,658 | |||||||
| Total assets | less current | liabilities | 7,640306 | ||||||
| income funds | |||||||||
| 1Inregiricctgd | fttnds | ||||||||
| Designated | funds | 11 | 2,532,248 | ||||||
| General unrestricted | funds | 5,108,658 | 4,830 | ||||||
| 7,640,906 | |||||||||
| 7,640,906 | |||||||||
| The financial statements |
were approved | by the | Oct 26,2021 trustees on .............!......... |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Notes | 8 | |||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
16 | 6,842,891 | ||||
| Investing | activities | |||||
| Purchase | ofinvestment property |
(2,532,248) | ||||
| Investment | income received | 24,325 | ||||
| Net cash | used in investiag | activities | (2,507,923) | |||
| Nct cash | used iu iinancing | activities | ||||
| Net increase in cash and cash equivalents | 4,334,968 | |||||
| Cash and | cash equivalents at beginning ofPeriod |
4,830 | ||||
| Cash and | cash equivalents | at end ofPeriod | 4,339,798 |
| Grant giving | Grant giving | ||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| f | |||||||
| Property | costs | 208,848 | |||||
| Travel costs | 6,640 | 1,200 | |||||
| Rent | 10,954 | 3,370 | |||||
| Insurance | 602 | ||||||
| 227,044 | 4,570 | ||||||
| Share of | support costs (see note 6) | 1,253 | |||||
| Share of | governance | costs (see note | 6) | 12,549 | 600 | ||
| 240,846 | 5,170 | ||||||
| Support | costs | ||||||
| Support | costs | Governance | 2020 Supportcosts | Governance | 2019 | ||
| costs | costs | ||||||
| f | 8 | ||||||
| Bank charges | 1,253 | 1,253 | |||||
| Audit fees | 7,000 | 7,000 | |||||
| Accountancy | 3,775 | 3,775 | |||||
| Legal and | professional | 1,774 | 1,774 | 600 | 600 | ||
| 1,253 | 12,549 | 13,802 | 600 | 600 | |||
| Analysed | between | ||||||
| Charitable | activities | 1,253 | 12,549 | 13,802 | 600 | 600 |
| 8 | Investment | property | property | ||
|---|---|---|---|---|---|
| 2020 | |||||
| Fair value | |||||
| At 3 July 2019 | |||||
| Additions | through | external | acquisition | 2,532,248 | |
| At 31 December | 2020 | 2,532,248 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Freehold | 340,990 | ||||||
| Long leasehold | 2,191,258 | ||||||
| Short leasehold | |||||||
| 2,532,248 | |||||||
| 9 | Debtors | ||||||
| 2020 | 2019 | ||||||
| Amounts | falling due within one year: | f | |||||
| Other debtors | 350,000 | ||||||
| Prepayments | and accrued income | 2,860 | |||||
| 352,860 | |||||||
| 2020 | 2019 | ||||||
| Amounts | falling duc | after more than | oae year: | f | f. | ||
| Loan to Trustee | 425,000 | ||||||
| Total debtors | 777,860 | ||||||
| 10 | Creditors: | amounts | falling due within | one year | |||
| 2020 | 2019 | ||||||
| f | f. | ||||||
| Accruals | 9,000 |
| Movement | in | Movemeut in |
||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| Iucouilug | Balance at | Incoming | Balance st | |||
| resources | 3July 2019 | resources | 31December | |||
| 2020 | ||||||
| Investment | properties | 2,532,248 | 2,532,248 | |||
| 2,532,248 | 2,532,248 |
| Analysis | ofnet assets between | funds | ||||
|---|---|---|---|---|---|---|
| Uurestricted | Desiguated | Total | Unrestricted | |||
| funds | funds | funds | ||||
| 2020 | 2020 | 2019 | ||||
| f | f, | |||||
| Fund balances at 31December | 2020 are represented | |||||
| by: | ||||||
| Investment | properties | 2,532,248 | 2,532,248 | |||
| Current assets/(liabilities) | 5,108,658 | 5,108,658 | 4,830 | |||
| 5,108,658 | 2,532,248 | 7,640,906 | 4,830 |
| 2020 | 2019 | |
|---|---|---|
| Within one year | 2,860 | 5,720 |
| Between two and five years | 2,860 | |
| 2,860 | 8,580 |
| Cash gener | ated from |
operatio | ns | 2020 | 2019 | |
| f | ||||||
| Surplus for | the Period | 7,636,076 | 4,830 | |||
| Adjustments | for; | |||||
| Investment | income recognised | in statement offinancial | activities | (24,325) | ||
| Movements | in working | capital: | ||||
| (Increase) in debtors | (777,860) | |||||
| Increase in | creditors | 9,000 | ||||
| Cash generated from |
operations | 6,842,891 | 4,830 |