##
##
|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report of the Trustees|2|to|3|
|Report ofthe Independent
Au&litors|4|to|6|
|Statement
ofFinancial Activities||||
|Balance Sheet|8|to|9|
|Cash Flow Stateruent||10||
|Notes to the Financial Statements|11|to|19|
|Trustees||||A Bard||||
|---|---|---|---|---|---|---|---|
|||||M H Goldstein||||
|||||G Phillips||||
|Registered||office||168Shoreditoh|High||Street|
|||||London||||
|||||El 6IKI||||
|Registered||company|number|09041095 (England|||and Wales)|
|Registered||charity mnuber||1164583||||
|Independent||auditors||Haines Watts|(City)||LLP|
|||||Statutory Auditor||||
|||||New Delwent|House|||
|||||69-73 Theobalds||Road||
|||||London||||
|||||WCIX8TA||||
|Principal|bankers|||Royal Bank of Scotland||||
|||||Threadneedle|Street|||
|||||London||||
|||||EC2R 8LA||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|||
|Income and endowments|from||||
|Donations
and legacies|||2,546,845|1,024,255|
|Fxpenditure
on|||||
|Charitable
activities||3|||
|Relief ofunemployment|tin ough vocational||||
|tranung|||648,468|32],423|
|Relief ofunemployuieot|through job creation||499,659|549,750|
|General charitable causes|||190,507|188,670|
|Other|||31,086|176688|
|Total|||1,369,720|I 236,531|
|Net gains/(losses)
on investments|||~26,500)||
|iVET INCOME/(EXPENDITURE)|||1,150,625|(212,276)|
|RcconciTiation offunds|||||
|Total funds brought
forward|||706,369|918,645|
|Total funds carried fomvard|||1,856,994|706,369|
|All funds are iauesntcied|in both years.||||
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|||
|Iixed assets|||||
|Investments|||24,844|51,344|
|Current
assets|||||
|Debtors||10|319,147|404,600|
|Cash at bank|||1,522,795|255,766|
||||1,841,942|660,366|
|Creditors|||||
|Amounts
falling due within one year.|||(9,792)|(5,341)|
|Net current|assets||1,832, 1 50|655,025|
|Total assets|less current liabilities||1,856,994|706,369|
|NET ASSETS|||I 856994|706,369|
|Funds||12|||
|Unrestricted|funds||1,856994|706,369|
|Total funds|||1,856,994|706,369|
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|||
|Cash floivs from operatiug
activities
Cash generated
)rom operations||14|1,243 296|~39392)|
|Net cash provided
by/(used|in) operating|activities|1,243,296|~39,392)|
|Cash flows from iuvcsting|activities||||
|Purchase offixed asset investmeuts||||(51,344)|
|Repayment
ofloans receivable
Provision offinance|||23,733|14,956
~79,000|
|Net cash provided
by/(used|in) iuvestiug|activities|23,733|~115,388)|
|Change in cash and cash|equivalents|in|||
|the reporting
period|||1,267,029|(154,780)|
|Cash and cash equivalents|at tbe||||
|beginning
ofthe reporting|period||255 766|410546|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||1,522 795|255 766|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations|and legacies|||
|---|---|---|---|
|||2022|2021|
|Donations||2,337,120|833,255|
|Gift ai&1||209,725|191,000|
|||2,546,845|1,024,255|
##
##
##
|||||||||Grant|
|---|---|---|---|---|---|---|---|---|
|||||||||frutding
of|
|||||||||activities|
|||||||||(see note|
|||||||||4)|
|Relief of|unemployment||tlu'ough||||||
|vocational|training|||||||648,468|
|Relief of|uneurptoytnent||through|job|||||
|creattoll||||||||499,659|
|General charitable||causes||||||190507|
|||||||||1,338,634|
|Grants payable|||||||||
||||||||2022|2021|
|Reliefof|unemployment||through|vocational|training||648,468|321,423|
|Relief ofunemployment|||tlu'ough|job creation|||499,659|549,750|
|General charitable||causes|||||190,507|188,670|
|||||||1|338,634|1 059,843|
|All significant
grants payable were
are as follows'.|made to inst|inttions.
Material
grants|payable to instihttions
dur|ing the perio|
|---|---|---|---|---|
||||2022|2021|
|Institution|||||
|Laniado Hospital|||171,544|98,206|
|Central British Fund for World Jewish Relief|||100,000|50,000|
|Friends ofthe Barzilair Medical Center lnc|||83,138|51,229|
|The Kemach Foundation|||80,000||
|Tikva UK|||80,000||
|Gvahim NGO|||75,000|25,000|
|Atnerican
Jewish Joint Distribution|Cotumittee|(UK) Trust|75,000||
|The Work Avemte Foundation|||70,000|75,000|
|The Princes Trust|||65,000|65,000|
##
##
##
|Support|costs||||||
|---|---|---|---|---|---|---|
||||||Governance||
||||Managemeut|Finance|costs|Totals|
|Other resources
expended|||24,020|91|6 975|31 086|
|Net income/(expenditure)|||||||
|Net incouie/(expemliture)||is stated after|chargiug/(creditiug);||||
||||||2022|2021|
|Auditors'|reuiuueration||||6,975|4,980|
|Trustees'|remuneranon|and benetits|||||
##
|Comparatives
for the statement|Comparatives
for the statement|offinancial|activities||
|---|---|---|---|---|
|||||Unrestricted|
|||||fnnd|
|Incoiuc and endoivmeuts|from||||
|Donations
aud legacies||||1,024,255|
|Expenditure
on|||||
|Charitable
activities|||||
|Relief ofunemployment|tlu ough|vocational|||
|ti'allllllg||||321,423|
|Reliefofunemployment|through|job creation||549,750|
|General charitable
causes||||188,670|
|Otliel'||||176,688|
|Total||||1,236,531|
|NET INCOME/(EXPENDITURE)||||(212,276)|
|Reconciliation
offunds|||||
|Total funds brought
forwanl||||9]8,645|
##
##
|Couiparatives|for the statement oftinancial|for the statement oftinancial|for the statement oftinancial|activities - continued||
|---|---|---|---|---|---|
||||||Unrestricted|
||||||fund|
|Total funds carried fomvard|||||706i,369|
|Fixed asset investments||||||
||||||Listed|
||||||investments|
||||||g|
|Market value||||||
|At. 1 June 2021|||||51,344|
|Revaluations|||||(26,500)|
|At 31 May 2022|||||24,844|
|Net book value||||||
|At 31 May 2022|||||24,844|
|At 31 May 2021|||||51,344|
|There were no|investment||assets outside the UK.|||
|Cost or valuation||at 31 May 2022 is represented||by:||
||||||Listed|
||||||investments|
|Valuation
in 2022|||||24,844|
##
|Debtors:|amouuts
fa|lling dne within
one year|||
|---|---|---|---|---|
||||2022|2021|
|Amounts|recoverable|on conn act|109,867|213,600|
|Other debtors|||209,280|191,000|
||||319,147|404,600|
##
##
|Creditor|s: mnounts
falling due within one year|||
|---|---|---|---|
|||2022|2021|
|||f,||
|Other creditors||5,892|5,341|
|Accruals|and &lefene&1 income|3,900||
|||9,792|5 341|
|Moveme|ntin|funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement||
||||At 1/6/21|in funds|At 31/5/22|
|Unrestricted||fuuds||||
|General|fuml||706,369|1,150,625|1,856,994|
|TOTAL|FUNDS||706 369|1,150,625|1,856,994|
||||Iucoruing|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|cspended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||2,546,845|(1,369,720)|(26,500)|1,150,625|
|TOTAL|FUNDS||2,546 845|~1,369,720)|~26,500)|1,150,625|
|||||Net||
|---|---|---|---|---|---|
|||||movement||
||||Ai 1/6/20|in fumls|At 31/5/21|
|Unrestricted||fuuds||||
|General|fun&1||918,645|(2]2,276)|706,369|
|TOTAL|FUNDS||918 645|~212,276)|706 369|
##
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||rcsourccs|expended|in fumls|
|Unrestricted||funds||||
|General|lii&td||1,024,255|(1,236,531)|(2]2,276)|
|TOTAL|FUNDS||1,024,255|~1,236,531)|~212,276)|
|||||Net||
|---|---|---|---|---|---|
|||||movement||
||||At 1/6/20|in funds|At 31/5/22|
|||||f.||
|Unrestricted||funds||||
|General|fund||918,645|938,349|1,856,994|
|TOTAI.|FUNDS||918,645|938,349|1,856,994|
||||Incoming|Resources|Gains aud|Movemeut|
|---|---|---|---|---|---|---|
||||resources|expended|losses|iu fmrds|
|Unrestricted||funds|||||
|General|fund||3,571,100|(2,606,251)|(26,500)|938,349|
|TOTAL|FUNDS||3,571,100|~2,606,251)|~26,500)|938,349|
##
##
##
|Reconciliation
ofnet income/(expenditure)|to net cash flow from opera|ting
activities||
|---|---|---|---|
|||2022|2021|
|Net income/(expenditure)
for the reporting|period (as per the|||
|Statement
ofFinancial Activities)||],150,625|(212,276)|
|Adjustments
for:||||
|Losses on investments||26,500||
|Loans receivable
forgiven by donations||80,000||
|(Increase)/decrease
in debtors
Increase/(decrease)
in creditors||(]8,280)
4,451|205,181
~32,237|
|Net cash provided
by/(used
in) operations||1,243,296|~39,392)|
||At I/6/21|Cash flow|Ai 31/5/22|
|---|---|---|---|
||||f,|
|Net cash||||
|Cash at bantc|255,766|1,267,029|I 522,795|
||255,766|1,267,029|1,522,795|
|Total|255,766|I 267029|I 522,795|
##