2022-01-31-accounts

				Pages
Trustees'	annual report			1to 5
Independent examiner's			report to the trustees
Statement	offinancial		activities
Statement	offinancial		position
Notes to	the financial	statements		9to 15

Registered	charity	name	FRIENDS OF	WMSBG - KOLEL DAMESEK ELIEZER	WMSBG - KOLEL DAMESEK ELIEZER
Charity registration		number	1160938
Principal office			147 Stamfofd	Hill
			London
			N16 SLG
The trustees
			J Schreiber
			RNiederman
			SRosenfeld
			J Kestenbaum
Accountants
			Chartered accountants
			New Burlington		House
			1075Finchley		Road
			LONDON
			NW11 OPU

		Year ended	31January	2022	2022
				2022		2021
				Unrestricted
				funds	Total funds	Total funds
			Note
Income and endowments
Donations and legacies			4	248,100	248,100	383,950
Investment income			5	190,896	190,896	204,383
Total income				438,996	438,996	588,333
Expenditure
Expenditure on raising funds:
Investment management		costs	6	(73,078)	(73,078)	(77,361)
Expenditure on charitable	activities		7,8	(159,274)	(159&274)	(123,193)
Total expenditure				(232,352)	(232,352)	(200,554)
Net losses oil ittvestmettts			11	(772,479)	(772,479)
Net (expenditure)/income		and net movement	in funds	(565,835)	(565,835)	387,779
Reconciliation offunds
Total funds brought forward				2,399,444	2,399,444	2,011,665
Total funds carried forward				1,833,609	1,833,609	2,399,444

				31January	2022
						2022		202]
					Note
Fixed assets
liivestmell'ts					15		1666 667	2439 ]46
Current assets
Debtors					16	90,560		47,831
Cash at bank	and in hand					747,009		599,760
						837,569		647,591
Creditors: amounts		falling due within		one year	17	(3,960)		(3,960)
Net current	assets						833,609	643,631
Total assets	less current		liabilities				2,500,276	3,082,777
Creditors: amounts		falling due after		more than
one year					18		(666,667)	(683,333)
Net assets							1,833,609	2,399,444
Funds ofthe	charity
Unrestricted	funds						1,833,609	2,399,444
Total charity	funds				19		1,833,609	2,399,444

	have been	had the impair	ment not pre	viously been rec	ognised.
4.	Donations	and legacies
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
						f.	f.
	Donations
	Donations	Income		248,100	248)100	383,950	383,950
5.	Investment	income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
	Income from investment		properties	190,896	190,896	204,383	204,383

6.	Investment	ma	nagem	e	nt	costs
								Unrestricted		Total	Funds	Unrestricted		Total Funds
									Funds		2022		Funds	2021
	Property management			expenses					53,405		53,405		55,325	55,325
	Other Financial		Costs						1,333		1,333
	Bank charges Interest payable		and similar			charges			247 18,093		247 18,093		185 2],851	185 21,851
									73,078		73,078		77,361	77,36]
7.	Expenditure	on charitable				activities		by fund type
								Unrestncted		Total	Funds	Unrestricted		Total Funds
									Funds		2022		Funds	2021
	Donations paid								]54,050	154,050			118,165	118,165
	Support costs								5,224		5,224		5,028	5,028
									]59,274	159,274			123,193	123,193
8.	Expenditure	on charitable				activities		by activity type
								Grant	funding			Total funds		Total fund
								of	activities	Support costs			2022	2021
	Donations paid								154,050				154,050	118,]65
	Governance	costs									5,224		5,224	5,028
									]54,050		5,224		159,274	123,193
9	Analysis ofsupport			costs
			Accountanc				Legal &		Bank		General
					y	fees Professional			Charges		expenses		Total 2022	Total 2021 f.
	Governance	costs			4,776			350		93		5	5&224	5,028
10.	Analysis of	grants
													2022	2021
	Grants to institutions
	Choimel Dalim													42,3]5
	YG SYeshiva		Gedo]a		Seminar								151&350	73,350
	Donations &	f5,000											2,700	2,500
													154,050	118,]65
	Total grants												154,050	1]8,]65

					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2022	Funds	2021
	Deficit on revaluation ofinvestment
	property				(772,479)	(772,479)
12.	Independent	examination	fees
							2022	2021
	Fees payable	to the independent		examiner for:
	Independent	examination	ofthe	financial	statements		3,960	3,960

Investments
			Investment
			properties
Cost or valuation
At I February	202 I		2,439,146
Additions
Fair value movements			(772,479)
At 31January	2022		1,666,667
Impairment
At 1February	2021 and 31January	2022
Carrying amount
At 31January	2022		1,666,667
At 31 January	2021		2,439,)46

16.	Debtors	Year ended 31January 2022
			2022	2021
	Trade debtors		90,560	47,831
17.	Creditors: amounts	falling due within one year
			2022	2021
	Accruals and deferred	income	3,960	3,960
18.	Creditors: amounts	falling due after more than one year
			2022	2021
	Bank loans and overdrafts		666,667	683,333

Unrestri	cted funds
			At				At
		I	February 20			Gains and 31	January 2
			21	Income	Expenditure	losses	022
General	funds		2,399,444	438,996	(232,352)	(772,479)	1,833,609
			At				At
		I	February 20			Gains and 31	January 20
			20	Income	Expenditure	losses E	21 f
General	funds		2,011,665	588,333	(200,554)		2,399,444

Analysis ofnet as	sets	be	twe	en funds
					Unrestricted	Total Funds
					Funds	2022
Investments					1,666,667	1,666,667
Current assets					837,569	837,569
Creditors less than	I year				(3,960)	(3,960)
Creditors greater than I		year			(666,667)	(666,667)
Net assets					1,833,609	1,833,609
					Unrestricted	Total Funds
					Funds	2021
Investments					2,439,146	2,439,146
Current assets					647,591	647,591
Creditors less than	I year				(3,960)	(3,960)
Creditors greater than I		year			(683,333)	(683,333)
Net assets					2,399,444	2,399,444
Related parties
Donations received are		from		companies	connected to one or more ofthe trustees.
					2022	202]
Newcastle Lyme Propetties				Limited		11,985
Hemel lempstead	Estates		Limited		44,975	52,500
Broad Estates Limited					18,720	18,720
Penge Investments	Limited				20,260
Omnia Doxford Limited					15,950	56,925
Crowncourt Residential		Limited				40,000
Barnet Residential	Limited				98,800	92,535
Horley Victoria Limited					3,280	27,500
Bracknell Estates	Limited				13,640	14,450
Slough Investments	Limited					40,000
Wokingham Investments			Limited		32,475	29,135