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|Reference and Administrative
Details|||
|Report ofthe Trustees|||
|Independent
Examiner's|Report||
|Statement of Financial|Activities||
|Balance Sheet||5to6|
|Notes to the Financial|Statements|7 to 13|
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|||FOR TH|E YEAR ENDED 31 DECE|MBER 2020||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Unrestricted|Total|
|||||funds|funds|
||||Notes||6|
|INCOME AND ENDOWMENTS||FROM||||
|Investment
income||||131,730|131,381|
|EXPENDITURE ON||||||
|Raising funds||||22,974|31,611|
|Charitable
activities||||||
|Charitable
activities||||99,166|91,992|
|Total||||122,140|123,603|
|Net gains on investments|||||300000|
|NET INCOME||||9,590|307,778|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||969,628|661,850|
|TOTAL FUNDS CARRIED FORWARD||||979,218|969,628|
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||BALANCE SHEET
31 DECEMBER 2020|||
|---|---|---|---|
|||2020|2019|
|||Total|Total|
||Notes|fundsf|fundsf|
|FIXEDASSETS||||
|Investment
property||1,167,186|1,167,186|
|CURRENT ASSETS||||
|Debtors|10|550,040|545,040|
|Cash at bank||32,690|13,702|
|||582,730|558,742|
|CREDITORS||||
|Amounts
falling due within one year||(18,395)|(14,826)|
|NET CURRENT ASSETS||564,335|543,916|
|TOTAL ASSETS LESSCURRENT||||
|LIABILITIES||1,731,521|1,711,102|
|CREDITORS||||
|Amounts
falling due after more than one year|12|(752,303)|(741,474)|
|NET ASSETS||979218|969628|
|FUNDS|15|||
|Unrestricted
funds:||||
|General
fund||679,218|669,628|
|Fair value reserve||300,000|300,000|
|||979,218|969,628|
|TOTAL FUNDS||979218|969628|
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|||||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unrestricted|Total|
|||||||||||funds|funds|
|||||||||||6||
|Rents received
Interest received||||||||||101,730
~30000|101,131
~30 250|
|||||||||||131730|131381|
|RAISING FUNDS||||||||||||
|Investment||management||||costs||||||
|||||||||||2020|2019|
|||||||||||Unrestricted|Total|
|||||||||||funds|funds|
|||||||||||E||
|Repairs and||maintenance||||||||680|2,940|
|Light and heat||||||||||171|315|
|Insurance||||||||||2,519|2,329|
|Legal and|professional||||fees||||||1,500|
|Telephone|||||||||||135|
|Travelling|expenses||||||||||592|
|I oan interest||and finance||||costs||||19,604|23,800|
|||||||||||22 974|31 611|
|CHARITABLE|||ACTIVITIES COSTS|||||||||
|||||||||Grant||||
|||||||||funding|of|||
|||||||||activities||Support||
|||||||||(see note||costs (see||
|||||||||5)||note 6)|Totals|
||||||||||6|6|6|
|Charitable|activities|||||||97,526||1 640|99166|
|GRANTS|PAYABLE|||||||||||
|||||||||||2020|2019|
|||||||||||6||
|Charitable|activities|||||||||97526|90450|
|The total grants||||paid to|institutions||during the year was as follows:|||||
|||||||||||2020|2019f|
|Advancement|||of religion|||||||34,416|15,100|
|Relief of poverty||||||||||36,180|28,600|
|Religious education||||||||||18,930|20,400|
|Medical||||||||||5,500|1,000|
|Social Welfare|||||||||||11,350|
|General|||||||||||10,000|
|||||||||||95026|86450|
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|Achisomoch
Aid Company|Achisomoch
Aid Company||||36,000||
|---|---|---|---|---|---|---|
|Chesed Charity Trust|||||12,000||
|Keren Shmuel|||||5,000||
|Kolel Torah V'yirah|||||5,000||
|I aw of Truth College|||||5,000||
|Grants
below f5,000|||||32 026||
|Total|||||f95 026||
|The total grants
paid to|individuals|during|the year was as follows:||||
||||||2020f|2019f|
|Advancement
of religion||||||2,500|
|Relief of poverty|||||2 500||
||||||2 500|2 500|
|SUPPORT COSTS|||||||
||||||Governance||
|||||Finance|costsf|Totalsf|
|Charitable
activities||||193|1 447|1 640|
|Support costs, included|in the above, are||as follows:||||
||||||2020|2019|
||||||Charitable|Total|
||||||activitiesf|activitiesf|
|Bank charges|||||193|172|
|Independent
examiner's|fee||||360|360|
|Independent
examiner's|other fees||||780|840|
|General expenses|||||307|170|
||||||1 640|1 542|
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|DEBTORS|: AMOUNT|S
F|ALL|ING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||L|Z|
|Other debtors|||||550,040|545,040|
|CREDITORS: AMOUMS|||FALLING DUE WITHIN ONE YEAR||||
||||||2020
0|2019f|
|Bank loans|and overdrafts||(see note 13)||13,780|10,445|
|Other creditors|||||3,475|3,181|
|Accruals and deferred||income|||1 140|1 200|
||||||18395|14826|
|CREDITORS: AMOUMS|||FALLING DUE AFTER MORE THAN ONE YEAR||||
||||||2020|2019|
||||||8|8|
|Bank loans|(see note|13)|||752 303|741 474|
|LOANS|||||||
|An analysis|ofthe maturity||of|loans is given below:|||
||||||2020|2019|
||||||8|8|
|Amounts
falling due within|||one year on demand:||||
|Bankloans|||||13780|10445|
|Amounts
falling due between||||two and five years:|||
|Bank loans|- 2-5 years||||34 776|25 847|
|Amounts
falling due in||more than five years:|||||
|Repayable|by instalments:||||||
|Bank loans|more 5 yr|by instal|||1,900||
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|LOANS - con|tin|ued||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020f|2019f|
|Repayable
otherwise
than by instalments:||||||||||
|Bank loans more 5 yrs non-inst||||||||715627|715627|
|SECURED DEBTS||||||||||
|The following|secured debts|||are included||within creditors:||||
|||||||||2020f|2019f|
|Bank loans||||||||766 083|751 919|
|The bank loans||are secured||by|legal charges over the company's||investment
property.|||
|MOVEMENT|IN FUNDS|||||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.20|in fundsf|31.12.20f|
|Unrestricted|funds|||||||||
|General
fund|||||||669,628|9,590|679,218|
|Fair value reserve|||||||300,000||~300000|
||||||||969,628|9,590|979,218|
|TOTAL FUNDS|||||||969,628|9590|979218|
|Net movement|in funds,||included
in the above are as follows:|||||||
||||||||Incoming|Resources|Movement|
||||||||resources
f|expendedf|in fundsf|
|Unrestricted|funds|||||||||
|General
fund|||||||131,730|(122,140)|9,590|
|TOTAL FUNDS|||||||131,730|~122,140)|9,590|
|Comparatlves||for movement|||In funds|||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.19
f|in fundsf|31.12.19f|
|Unrestricted|funds|||||||||
|General
fund|||||||661,850|7,778|669,628|
|Fair value reserve||||||||300,000|300,000|
||||||||661 850|307778|969628|
|TOTAL FUNDS|||||||661,850|307,778|969,628|
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|Compara|tive|net movement
in funds,|included
in the above are as|follows:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources
E|expended
Z|lossesf|in funds|
|Unrestricted||funds|||||
|General|fund||131,381|(123,603)||7,778|
|Fair value reserve|||||300,000|300,000|
||||131,381|~123,603)|300000|307,778|
|TOTAL|FUNDS||131381|~123603)|300000|307778|
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.1.19|In funds|31.12.20|
||||E|||
|Unrestricted||funds||||
|General|fund||661,850|17,368|679,218|
|Fair value reserve||||300000|300000|
||||661,850|317,368|979,218|
|TOTAL|FUNDS||661,850|317368|979,218|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|||||E||6|
|Unrestricted||funds|||||
|General|fund||263,111|(245,743)||17,368|
|Fair value reserve|||||300,000|300,000|
||||263,111|~245,743)|300000|317368|
|TOTAL|FUNDS||263 111|~245 743)|300000|317368|
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