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2021-12-31-accounts

			Page
Trustees report			1-2
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		7-15

				Unrestricted	Unrestricted	Total	Unrestricted	Unrestricted	Total
				funds	funds		funds	funds
				general	designated		general	designated
				2021	2021	2021	2020	2020	2020
		Notes			f	f
Income from:
Legacies				38,035		38,035	5,320,349	2,532,248	7,852,597
Charitable activities
Investment income				74,961		74,961	24,325		24,325
Total income				112,996		112,996	5,344,674	2,532,248	7,876,922
R~dd R~fd
Investment management				11,880		11,880
dl Rl
Provision ofrelief to
Israeli Soldiers			6	209,761		209,761	240,846		240,846
Total charitable	expeaditure			209,761		209,761	240,846		240,846
Total resources	expended			221,641		221,641	240,846		240,846
Net gains/(losses) on
investments			9	473,202		473,202
Net inconiing resources
before transfers				364,557		364,557	5,103,828	2,532,248	7,636,076
Gross transfers between
funds				(3,788,669)	3,788,669
Net (expenditure)/income		for	the
year/
Net movement	in funds			(3,424,112)	3,788,669	364,557	5,103,828	2,532,248	7,636,076
Fund balances at I Januaiy
2021				5,108,658	2,532,248	7,640,906	4,830		4,830
Fund balances at 31
December 2021				1,684,546	6,320,917	8,005,463	5,108,658	2,532,248	7,640,906

					2021		2020
				Notes
Fixed assets
Investment	properties			10		4,101,341		2,532,248
Investments				11		1,970,075
						6,071,416		2,532@48
Current assets
Debtors				13	815,895		777,860
Cash at bank		and iu hand			1,121,152		4,339,798
					1,937,047		5,117,658
Creditors:	amounts		falling due ivithin one
year				14	(3,000)		(9,000)
Net current	assets					1,934,047		5,108,658
Total assets		less current liabilities				8,005,463		7,640,906
Incoine funds
Unresnicted		funds
Designated	funds			15	6,320,917		2,532,248
General unrestricted			funds		1,684,546		5,108,658
						8,005,463		7,640,906
						8,005,463		7,640,906

					2021		2020
				Notes
Cash flows from operating		activities
Cash (absorbed by)/generated		I'rom operations		19		(227,641)		6,842,891
Investing	activities
Purchase	ofinvestment property				(1,317,899)		(2,532,248)
Purchase	ofother investments				(2,016,462)
Proceeds	from disposal ofother investments				268,395
Investment	income received				74,961		24,325
Net cash	used in investing activities					(2,991,005)		(2,507,923)
Net cash	used In IInancing	activities
Net (decrease)/Increase in cash and cash equivalents						(3,218,646)		4,334,968
Cash and	cash equivalents at	beginning	ofyear			4,339,798		4,830
Cash and	cash equivalents	at end of	year			1,121,152		4,339,798

		Unrestricted	Unrestricted	Unrestricted	Total
		funds	funds	funds
		general	general	designated
		2021	2020	2020	2020
					8
Legacies	receivable	38,035	5,320,349	2,532,248	7,852,597

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2021	2020
Rental	income	39,550	17,950
Income	from listed investments	26,911
Interest	income	8,500	6,375
		74,961	24,325

Unrestricted	Total
funds
gcncral
2021	2020
f
11,880
11,880

			Grant giving	Grant giving
			2021	2020
Property	costs		164,284	208,848
Travel costs			5470	6,640
Charitable	distributions		25,000
Rent			5,720	10,954
Insurance			512	602
			200,786	227,044
Share ofsupport costs (see note 7)			1,675	1,253
Share ofgovernance		costs (see note 7)	7,300	12,549
			209,761	240,846

7	Support	costs
			Support costs	Governance	2021 Support costs		Governance	2020
				costs			costs
	Bank charges		1,675		1,675	1,253		1253
	Audit fees						7,000	7,000
	Accountancy			4,800	4,800		3,775	3,775
	Legal and	professional		2,500	2,500		1,774	1,774
			1,675	7,300	8,975	1,253	12,549	13,802
	Analysed	between
	Charitable	activities	1,675	7,300	8,975	1,253	12,549	13,802

			Unrestricted	Total
			funds
			general
			2021	2020
			f	f.
Gain/(loss)	on sale ofinvestments		(62,833)
Revaluation	ofinvestment	pmperties	536,035
			473,202

10	Investment property	Investment property
				2021
	Fair value
	At I January 2021			2,532,248
	Additions through	external	acquisition	1,317,899
	Net gains or losses	through	fair value adjustments	251,194
	At 31December 2021			4,101,341

	2021	2020
Freehold	495,000	340,990
Long leasehold	3,606,341	2,191,258
Short leasehold
	4,101,341	2,532,248
Fixed asset investments
		Listed
		investments
		'E
Cost or valuation
At I January 2021
Additions		2,016,462
Valuation changes		284,841
Disposals		(331,228)
At 31December 2021		1,970,075
Carrying amount
At 31December 2021		1,970,075
At 31December 2020
Historical cost
At 31 December 2021:81,757,529

12	Financial	instruments	instruments			2021	2020
						f	f
	Carrying	amount offinancial		assets
	Instruments	measured	at fair value through		profit or loss	1,970,075
13	Debtors
						2021	2020
	Amounts	falling due	ivithin one year:
	Legacy receivable					388,035	350,000
	Prepayments and accrued income					2,860	2,860
						390,895	352,860
						2021	2020
	Amounts	falling due	after more than one		year:		f
	Loan to Trustee					425,000	425,000
	Total debtors					815,895	777,860
14	Creditors'	.amounts	falling due	within one year
						2021	2020
						f	f
	Accruals					3,000	9,000

		Movernentin
		funds
		incoming	Balance at	Trsmrere	Balance st
		i'esem'cee	1January		31December
			2021		2021
Investment	propetties	2,532,248	2,532,248	1,569,093	4,101,341
Fixed asset	investments			2,219,576	2,219,576
		2,532,248	2,532,248	3,788,669	6,320,917

16	Analysis ofnet assets between	Analysis ofnet assets between	funds
			Unrestricted	Designated	Total	Unrestricted	Designated	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
					f			f.
	Fund balances at 31
	December	2021 are
	represented	by:
	Investment	properties		4,101,341	4,101,341		2,532,248	2,532,248
	Investments			1,970,075	1,970,075
	Current assets/(liabilities)		1,684,546	249,501	1,934,047	5,108,658		5,108,658
			1,684,546	6,320,917	8,005,463	5,108,658	2,532,248	7,640,906


19	Cash generated from operations				2021	2020
	Surplus for the year				364,557	7,636,076
	Adjustments for:
	Investment income	recognised	in statement offinancial activities		(74,961)	(24,325)
	Loss on disposal of	investments			62,833
	Fair value gains and	losses on investment		properties	(536,035)
	Movements in working capital:
	(increase) in debtors				(38,035)	(777,860)
	(Decrease)/increase	m creditors			(6,000)	9,000
	Cash (absorbed by)/generated		from operations		(227,641)	6,842,891
20	Analysis ofchanges	in net funds
	The trust had no debt during the year.