| Page | ||
|---|---|---|
| Trustees' report |
1-2 | |
| Statement ofTrustees' | responsibilities | |
| Independent auditor's |
report | 4-6 |
| Statement offinancial | activities | |
| Balance sheet | ||
| Statement ofcash flows | ||
| Notes to the financial statements | 10-14 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2020 | ||||
| Notes | f | f | |||
| Income and endowments | from' | ||||
| Donations and |
legacies | 3 | 13,845,620 | 10,119,534 | |
| Other income | 4 | 142 | |||
| Total income | 13,845,762 | 10,119,534 | |||
| ~ECht | |||||
| Charitable activities |
5 | 13,083,845 | 9,927,157 | ||
| Net income for the year/ | |||||
| Net movement | in funds | 761,917 | 192,377 | ||
| Fund balances at 1 January | 2021 | 245,351 | 52,974 | ||
| Fund balances | at 31 December 2021 | 1,007,268 | 245,351 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | |||||
| Current assets | |||||||
| Debtors | 10 | 225,000 | |||||
| Cash at bank and in | hand | 1,018,268 | 23.351 | ||||
| 1,018,268 | 248,351 | ||||||
| Creditors; | amounts | falling due within | |||||
| one year | (11.000) | (3,000) | |||||
| Net current | assets | 1.007,268 | 245.351 | ||||
| Income funds | |||||||
| Unrestricted | funds | 1,007,266 | 245,351 | ||||
| 1.007,268 | 245,351 |
| Notes | 2021 f |
2020 f |
||||
|---|---|---|---|---|---|---|
| Cash flows from operating | activities | |||||
| Cash generated | from/(absorbed by) |
13 | ||||
| operations | 994,917 | |||||
| Net cash used | in investing | activities | ||||
| Net cash used | in financing | activities | ||||
| Net increase/(decrease) in |
cash and | cash | ||||
| equivalents | 994,917 | |||||
| Cash and cash | equivalents | at beginning | ofyear | 23,351 | ||
| Cash and cash | equivalents | at end of | year | 1,018,268 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Donations | and giffs | 13,583,120 | 9,894,534 | |||
| Taxation recovered | on Gift Aid Donations | 262,500 | 225,000 | |||
| 13,845,620 | 10,119,534 | |||||
| Other income | ||||||
| Unrestricted | Total | |||||
| funds | ||||||
| 2021f | 2020 f |
|||||
| Gift Aid repayment | interest | 142 | ||||
| Charitable | activities | |||||
| Charitable | Charitable | |||||
| Expenditure | Expenditure | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Grant funding | ofactivities (see note 6) | 13,065,794 | 9,866,385 | |||
| Share ofgovernance | costs (see note 7) | 18,051 | 60,772 | |||
| 13,083,845 | 9,927,157 |
| 5 | Gift Aid repayment interest Charitable activities |
|---|---|
| Charitable | Charitable | |||
|---|---|---|---|---|
| Expenditure | Expenditure | |||
| 2021 | 2020 | |||
| 6 | E | |||
| Grants to institutions: | ||||
| Lehachzikom | Velehachayoisom | 1,254,385 | ||
| Mazon Umechia | 12,848,000 | 8,597,000 | ||
| Yeshivat Chachme | Lublin | 15,000 | ||
| CMZ Ltd | 9,350 | |||
| Mahayanot | Halevi | 4,050 | ||
| Mosdos Viznitz I Monsey Beit Shamash | 204,394 | |||
| 13,065,794 | 9,866,385 |
| Support | costs | ||||
|---|---|---|---|---|---|
| Support | Governance | 2021 | 2020 | ||
| costs | costs | ||||
| f | 6 | ||||
| Audit fees | 8,000 | 8,000 | 1,200 | ||
| Legal and | professional | 8,940 | 8,940 | 58,438 | |
| Bank charges | 1,111 | 1,111 | 1,134 | ||
| 18,051 | 18,051 | 60,772 | |||
| Analysed | between | ||||
| Charitable | activities | 18,051 | 18,051 | 60,772 |
| 9 | Employees | (Continued) | |||||
|---|---|---|---|---|---|---|---|
| No employees received any benefits of |
more than | 660,000 in the year (2020- anil). | |||||
| There were no employees whose |
annual | remuneration | was more than 660,000. | ||||
| 10 | Debtors | ||||||
| 2021 | 2020 | ||||||
| Amounts falling due within one |
year: | f | E | ||||
| Prepayments and accrued income |
225,000 | ||||||
| 11 | Creditors: amounts falling due within |
one year | |||||
| 2021 | 2020 | ||||||
| 6 | |||||||
| Accruals and deferred income |
11,000 | 3,000 | |||||
| 12 | Related party transactions | ||||||
| There were no disclosable related |
party | transactions | during the year (2020 - none). | ||||
| 13 | Cash generated from operations |
2021 | 2020 | ||||
| 6 | 6 | ||||||
| Surplus for the year | 761,917 | 192,377 | |||||
| Movements in working capital: |
|||||||
| Decrease/(increase) in debtors |
225,000 | (225,000) | |||||
| Increase in creditors |
8,000 | 1,200 | |||||
| Cash generated from/(absorbed |
by) operations | 994,917 | (31,423) | ||||
| 14 | Analysis ofchanges in net funds |
||||||
| The charity had no debt during the | year. |