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





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|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<br>accountants|||
||||New Burlington||House|
||||1075Finchley||Road|
||||LONDON|||
||||NW11 OPU|||





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|||Year ended|31January|<br>2022|<br>2022||
|---|---|---|---|---|---|---|
|||||2022||2021|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note||||
|Income and endowments|||||||
|Donations<br>and legacies|||4|248,100|248,100|383,950|
|Investment<br>income|||5|190,896|190,896|204,383|
|Total income||||438,996|438,996|588,333|
|Expenditure|||||||
|Expenditure<br>on raising funds:|||||||
|Investment<br>management||costs|6|(73,078)|(73,078)|(77,361)|
|Expenditure<br>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<br>offunds|||||||
|Total funds brought<br>forward||||2,399,444|2,399,444|2,011,665|
|Total funds carried forward||||1,833,609|1,833,609|2,399,444|





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|||||31January|2022||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||202]|
||||||Note||||
|Fixed assets|||||||||
|liivestmell'ts|||||15||1666 667|2439 ]46|
|Current<br>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|





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||have been|had the impair|ment<br>not pre|viously<br>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|





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|6.|Investment<br>|ma|nagem|e|nt|costs|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted||Total|Funds|Unrestricted||Total Funds|
||||||||||Funds||2022||Funds|2021|
||Property<br>management|||expenses|||||53,405||53,405||55,325|55,325|
||Other Financial||Costs||||||1,333||1,333||||
||Bank charges<br>Interest payable||and similar|||charges|||247<br>18,093||247<br>18,093||185<br>2],851|185<br>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<br>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<br>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<br>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<br>&|f5,000|||||||||||2,700|2,500|
||||||||||||||154,050|118,]65|
||Total grants||||||||||||154,050|1]8,]65|





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||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|2022|Funds|2021|
||Deficit on revaluation<br>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|



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|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<br>amount||||
|At 31January|2022||1,666,667|
|At 31 January|2021||2,439,)46|



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|16.|Debtors|Year ended 31January<br>2022|||
|---|---|---|---|---|
||||2022|2021|
||Trade debtors||90,560|47,831|
|17.|Creditors: amounts|falling due within one year|||
||||2022|2021|
||Accruals<br>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|



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|Unrestri|cted<br>funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
|||I|February 20|||Gains and 31|January<br>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<br>E|21<br>f|
|General|funds||2,011,665|588,333|(200,554)||2,399,444|





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|Analysis ofnet as|sets|be|twe|en<br>funds|||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|
||||||Funds|2022|
|Investments|||||1,666,667|1,666,667|
|Current assets|||||837,569|837,569|
|Creditors<br>less than|I year||||(3,960)|(3,960)|
|Creditors greater than<br>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<br>less than|I year||||(3,960)|(3,960)|
|Creditors greater than<br>I||year|||(683,333)|(683,333)|
|Net assets|||||2,399,444|2,399,444|
|Related parties|||||||
|Donations<br>received are||from||companies|connected to one or more ofthe trustees.||
||||||2022|202]|
|Newcastle<br>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<br>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<br>Investments|||Limited||32,475|29,135|



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