||`Page`| |---|---| |`Legalandadministrativeinformation`|`4`| |`Trustees’report`|`2-9`| |`Independentauditors’report`|`10-12`| |`Statementoffinancialactivities`|`13`| |`Balancesheet.`|`14`| |`Statementofcashflows`|`15`| |`Notestothefinancialstatements`|`16- 26`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||`Note`|`‘2022`||`2021`| |---|---|---|---|---|---| |`Incomefrom:`
`investments`
`Fatal`||

`2`|

`$000`
`,`
`726`
`726`|
|

`$'000`
`593`
`§93`| |`Expenditureon:`|||||| |`Raisingfunds:`
`‘Investmentmanagement`
`Charitable.activities`||`-`
`3`|`715`
`6,645`|`|`|`_`
`1,559`
`4,446`| |`Totalexpenditure`||
|

`7,330`|
|

`6,005`| |`Netexpenditurefor`|`theyearbeforeInvestmentgains`||`{6,604}`||`(5,412)`| |`Net(losses)/-gains`
`oninvestments`
`Netincomeandnetmovementinfunds`||

`7`|

`(18,504)`
`(25,105)`|
|

`419,461`
`13,749`| |`Reconciliationoffunds:`|||||| |`Totalfundsbrought`
`Totalfundscarried`|`forward`
`forward`|
`.`
`45`
|
`119,491`
`94,386`
|
|
`105,742`
`119,491`
| ## ## |||`_`|`2622`|`2622`||`202%`||| |---|---|---|---|---|---|---|---|---| ||`Note`|`$'c00`|||`$'000`|`$000`|`$000`|| |`Fixedasset`||||||||| |`Tangibleassets`|`&`||||`-`||`-.`|| |`investments:`|`9`||||`100,141`||`425,789`|| |`Programmerelatedinvestment`|`10`||||`3,041`||`3,041`|| |`Currentassets`|||||`103,182:`||`128;830`|| |`Debtors`|`14`||`37`|||`89`||| |`Cashafbank.andin-hand`||`2,799`||`|`||`1,916`||| |`,`||`2,836`||||`2,005`||| |`Creditors:amountsfallingduewithin`||||||||| |`oneyear`|`12,`|`(8,814)`||||`(8,072)`||| |`Netcurrentliabilities`|||||`(5,978)`||`(6,067)`|| |`Totalassetslesscurrentliabilities`|||||`97,204`||`122,763.`|| |`Credifors:amountsfallingdueinmore`||||||||| |`thanoneyear`|`13`||||`(2,818)`||`(3,272)`|| |`Netassets`|||||`94,386`||`119,491`|| |`Funds:`||||||||| |`Incomeandéndowmentfunds`|`14`|||`.`|`$4,386`||`119,491`|`|`| |`Totalfunds`|||||`94,386.`||`119,491`|| ## ## ||`Note`|`2022`
`$'000.`|`2021`
`$'000`| |---|---|---|---| |`Cashflowsfromoperatingactivities`|||| |`Netcashusedinoperatingactivities`|`16`
|
`(7,332)`|
`(5,388)`| |`Cashflowsfrominvestingactivities`|||| |`Dividendsandinterest`
`frominvestments`
`Proceedsfromthesaleofinvestments`
`Purchaseofinvestments`
`.`
`Netcashprovidedbyinvestingactivities`|
|

`726`
`19,981`
`(15,904)`
`4,803`|

`593`
`29,979`
`(23,851)`
`6721`| |`Increaseincashandcashequivalentsinthe.year`
`Cashandcashequivalentsbroughtforward`
`Cash-andcashequivalentscarriedforward`|`17`

|
`(2,529)`
`18,197`
`15,668`
|
`1,333`
`16,864.`
`18,197`
| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |`2.`|`Investmentincome`||||`.`| |---|---|---|---|---|---| |||`2022`|||`2021`| |||`$’000`|||`$000`| ||`Incomefromlistedinvestments`|`372`|||`404`| ||`{Incomeftomprivateequityinvestments`|`211`|||`1`| ||`Incomefrommanagedfunds.`||`-`||`182`| ||`Bankandotherinterest- UK:`|`143`||`|`|`6`| |||
`726`
|

|
|
`593:`
| ## ## |`3.`|`Expenditureoncharitableactivities`|||||| |---|---|---|---|---|---|---| |||`Grant`||||| |||`fundingof`||||| |||`‘activities`||`Support`|`Total`|`Total`| ||`2022`|`(note4)`
`$000`||`costs`
`$006`|`2022`
`$’000`|`2021`
`$’000`| ||`MedicalAdvancement`|`15`||`2`|`17`|`455`| ||`Needypopulations`|`5,079`||`662`|`5,681`|`2,463`| ||`improvingthequalityofJewishlife,`
`‘particularlyinEurope`|

`810`
`5,844`|

|

`107`
`774`|

`917`
`6,615`|

`1,528`
`4,446`| |||`Grantfunding`||||| |||`ofactivities`|||`Total`|| |||`{note4)`||`Supportcosts.`|`2021`|| ||`2021`
`MedicalAdvancement`|`$000`
`375`||`$'000`
`80`|`$'000`
`455`|| ||`Needypopulations`|`2;031`||`432.`|`2,463`|| ||`ImprovingthequalityofJewishlife,`
`particularlyinEurope`|`1,260`||`268`|`1,528`|| |||
`3,666`
|
`—`
|
`780`
|
`4,446`
|| ## ## |`4`|`Grantsawardedintheyear`|`2022`
`$'000`|`2021`
`$'000`|
|
| |---|---|---|---|---|---| ||`MedicalAdvancement`
`ShaareZedekUK`

|

`18`
`45`|

`375`
`375`|

|

| ||`Needypopulations`
`Aluma-YoungPeople`
`forChange’`
`Be-Atzmi`|`450`
`200`|||`-`
`.`| ||`BeitHalochemUK`
`BeitIssieShapiro`
`BethJacobTeachersInstitute`
`Eitan- EverybodyCan`
`ELEM`|`=`
`1,800`
`:`
`60`
`180`|`28`
`420`||
`.`

`-`
`-`| ||`Hinneni`|`-`|`45`||| ||`ITWorks`
`JerusalemAcademyofMusicandDance.`
`Kesher- TheHome`
`forSpecialFamilies`
`Ma‘agaleiShema`|`-`
`15`
`20`
`-`|`100`
`15`|
|
`-`
`-`
| ||`NATAL- IsraelTraumaCenterforVictimsofTerrorandWar`
`OhelSarah`
`ClimBeyahad`
`OpenUniversityofIsrael`
`ShikumAcher`
`TahelCrisisCenter-`
`Tech-Career’`
`TefahotYeshiva`
`TheCoalitionforHaredi:Employment`
`TheGarage(AmutahDarom)`
`TheHarediInstituteforPublic-Affairs`
`TheKemachFoundation`
`ThePaulBaerwaldSchoo!forSocialWorkandSocialWelfare,`|`.-`
`500`
`-`
`300`
`185`
`-`
`.`
`100`
`25`
`:`
`550`
`.`
`750`|`20`
`.`
`50`
`.`
`.`
`25`
`350`
`-`
`-`
`205`
`550`
`83`
`:`||| ||`TheHebrewUniversityofJerusalem`
`ThePillarFoundation`
`TikvaUK`
`Woh!Synagogue`
`WorldJewishRelief`
`Varioussmallanddiscretionary.grants<$15,000`
|
`.`
`400.`
`.`
`352`
`32`
`5,019`|
`300`
`20`
`130`
`-`
`20`
`2,034`||| ||`Improving`
`thequalityofJewishLife`
`EducatingforImpact`
`BeitHalochem.`
|
`250`
`60`|
`250`|
|

`-`| ||`T.O.MBnei-AkivaInstituteforTorah& VocationalStudies:`
`Variousdiscretionarygrants`|`:`
`.`|`1,000`
`10`|
|
| ||
|

`810.`|

`1,260`||| ||`Total{note3)`

|
`5,844`
|
`3,666`
|

|

| ## ## ## ||`2022`|`2021`| |---|---|---| ||`$7600`|`‘$000`| |`Wagesandsalaries`
`Socialsecuritycosts`
`Pension.and.insurancecontributions`|`325`
`48`
`35`|`286.`
`31`
`27f`| ||

`408`|

`344`| ||`2022`|`2021`| |---|---|---| ||`No.`|`No.`| |`Administrative`
`Grantmanagement`|`2`
`4`|`2`
`3`| |
|
`6`
|
`5:`
| |`Thefull-timeequivalentnumberofpersonsemployedbythéFoundationduringtheyearwasas-foltows;`||| |

`Administrative`
`Grantmanagement`|

`0.4`
`2.3`
`2.7`|

`0.5.`
`1.3`
`1.8`| |`ThenumberofhigherpaidemployeesbytheFoundation-was:`||| ||`2022`|`2021`| ||`No.`|`No.`| |`Inthe-band$84,704-$96,805:`|`4`|`1`| ## ## ## |`Thisisstatedaftercharging:`||||||| |---|---|---|---|---|---|---| |||||`2022`|`2021`|| |||||`$000`|`$000`|| |`Depreciationoftangiblefixedassets`
`Auditors’remuneration(excludingVAT)`||||`-`|`4`|| |`~`
`Auditservices`
`—`
`--`
`Accountancyservices`
`Operatingteases— landandbuildings`||||`24`
`11`
`59`|`29`
`16`
`64`|| |`Net(losses)/ gainsoninvestments`||||||| |||||`2022`|`2021`|| |||||`$’000`|`$'000`|| |`Net(losses)/gainsonrevaluationoffixed.asset`
`Foreignexchangedifferences`|
`investments{note..9)`|||
`(18,160)`
`(341)`|
`19,201`
`{40)`|
`.`
| |||
|
|

`(18,501)`|

`19,161`|
| |`‘Tangiblefixedassets`||||||| ||`Leasehold`|`Fixtures& `||`Computer`||| |`Cost`|`improvements.`
`$’000`|`fittings`
`$'000`|
|`equipment.`
`$000`|`Total`
`=$000`|| |`At.31December2021and'31December2022`|
`5`||
`2`|
`5`|
`12`|
| |`Depreciation`||||||| |`At31December2021ahd31Deceinber2022`|
`5`||
`2`|
`5,`|

`12`|| |`Netbookvalue`||||||| |`At'31December2021and31December2022`|
`-`||
`>`|
`7`|
`:`|
| |`Fixed assetinvestments`||||||| |||||`2022`|`2021`|| |||||`$000`|`$'000`|| |`Marketvalueat1 Jan`
`Additionsatcost`
`Proceedsondisposal`
`Movement`
`ininvestmentcash`
`Net(losses)/ (gains)onrevaluation`
`‘Marketvalueat31December`||
|
|
`125,789`
`15,904.`
`{19,980}`
`(3,412)`
`(18,160)`
`100,141`
|
`111,604`
`23,851`
`(29,979)`
`1,112`
`49,201`
`125,789.`
|

| ## ## ## |`Investmentsheldatyearendcomprtise:`||| |---|---|---| ||`2022`|`2021`| ||`$°000`|`-$'000`| |`Listedinvestments`
`PrivateEquityInvestments`
`ManagedFunds`|`29,487`
`8,765`
`49,020`|`39,004`
`9,707`
`60,797`| |`Cashorcashequivalents`|`12,869`|`16,281`| ||
`100,141`
|
`125,789`
| |`11.`|`Debtors`|||| |---|---|---|---|---| ||||`2022`
`$'000`|`2024`
`$000`| ||`Prepayments`||`20`|`20`| ||`Accruedincome`||`17`|`69`| ||||

`a`|

`8g`| |`12,`|`Creditors:`|`Amountsfailingduewithinoneyear`||| ||||`2022`
`$'000.`|`2021`
`$7000`| ||`AmountsowedtoTheMauriceWohlCharitableFoundation`
`Accrualsandsundrycreditors`
`Accrualsforgrantspayablé`||`351`
`89`
`8,374`|`433`
`132`
`7,507`| ||||

`8,814`|

`8,072`| |`13.`|`Creditors:Amountsfallingdueaftermorethanoneyear`||| |---|---|---|---| |||`2922`|`2021`| |||`$060`|`$'000`| ||`Accrualsforgrants:payable`|`2,818`
|`3;272.`
| ## ## ## ||`Amountspayable:`||||`2022`
`$000`|`2021`
`$'000`| |---|---|---|---|---|---|---| ||`Within1 year`
`Between1 and5 years`||`.`||`‘56`
`28`|`63`
`94`| ||||
|
|
`84`
|
`157`
| |`16.`|`Reconciliationofnet.movement`|`infundstonetcashflowfromoperating`||`activities`||| ||||||`2022`|`2021`| ||||||`$000`|`$'000`| ||`Netincomefortheyear(asper`|`Statementof`||||| ||`FinancialActivities)`|||`(25,105)`||`13,749`| ||`Adjustmentfor:`|||||| ||`Depreciationcharges`
`Losses/(Gains)oninvestments`
`Dividends,interestandrentsfrom`
`Decrease/(Increase)indebtors`|`_`
`investments`||`a`
`18,160`
`(727)`
`§2`||`4`
`(19,201)`
`(593)`
`(65)`| ||`Increase`
`increditors`|||**`_`**|`288`|`718`| ||`Netcashusedinoperatingactivities`||
|

`(7,332)`||

`(5,388)`| |`17.`|`Analysisofcashandcashequivalents`|||||| ||||||`2022`
`$7000`|`2022`
`$'000`| ||`Cashinhand`||||`2,799`|`1,916`| ||`Cashbaiancesheldininvestments(note9)`||`.`|`12,869`||`16,281`| ||||
|
`15,668`
||
`18,197`
| ## ## ##