2023-08-31-accounts - The Kisharon Charitable Trust

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The trustees present their rep 31 August 2023.	The trustees present their rep 31 August 2023.	ort and the fina	ncial stat	ements o	f the charity for
Reference and administrative		details
Registered charity	name	The Kisharon	Charitable	Trust
Charity registration	number	1194007
Principal office		First Floor
		333Edgware	Road
		NW9 6TD
The trustees		Mr LNoe		(retired 1	August 2023)
		Mr A Loitus
		Mr M Lerner
		Mr P Goldberg
		Mr RJLevy
		Mrs ECastleton		(appointed	1 August 2023)
		Ms C Kaye		(appointed	1 August 2023)
		Mr D Klein		(appointed	1 August 2023)
		Ms C Lerner		(appointed	1 August 2023)
		Mrs SRCooper		(appointed	1 August 2023)
		Mr N IDoffman		(appointed	1 August 2023)
		Mr BMiller		(appointed	1 August 2023)
		MrN JHemy		(appointed	1 August 2023)
		Mr PTJoseph		(appointed	1 August 2023)
		Mrs KA Phillips		(appointed	1 August 2023)

					Year	to 31Aug	23
					Unrestricted	Restricted
					funds	funds	Total funds
				Note
Income and endowments
Donations and legacies Charitable activities				4 5	4,667,542 238,785	100,000	4,767,542 238,785
Other income				6	101,323		101,323
Total income					5,007,650	100,000	5,107,650
Expenditure Expenditure on charitable Other expenditure		activities		7,8 9	524,085 46,522		524,085 46,522
Total expenditure					570,607		570,607
Net income and net	movement		in funds		4,437,043	100,000	4,537,043
Reconciliation offunds
Total funds brought	forward
Total funds carried	forward				4,437,043	100,000	4,537,043

Statement ofFinan 31August 2023	cial Position
			2023
		Note
Fixed assets
Tangible fixed assets		14	7,107,001
Current assets
Debtors		15	4,807
Cash at bank and in hand			48,632
			53,439
Creditors: amounts	falling due within one year	16	123,234
Net current liabilities			69,795
Total assets less current liabilities			7,037,206
Creditors: amounts	falling due after more than one year	17	2,500,163
Net assets			4,537,043
Funds ofthe charity Restricted funds			100,000
Unrestricted funds			4,437,043
Total charity funds		18	4,537,043

The Kisharon Charitable Trust Statement ofCash Flows Year ended 31August 2023
		2023
Cash flows from operating activities Net income		4,537,043
Adjustments for: Depreciation oftangible fixed assets Interest payable and similar charges Accrued expenses		76,943 164,455 7,427
Cash generated from operations		4,785,868
Interest paid		(164,455)
Net cash from operating activities		4,621,413
Cash flows from investing activities Purchase oftangible assets		(7,183,944)
Net cash used in investing activities		(7,183,944)
Cash flows from financing activities Proceeds from borrowings		2,611,163
Net cash from financing activities		2,611,163
Net increase in cash and cash equivalents		48,632
Cash and cash equivalents at beginning	ofyear
Cash and cash equivalents at end ofyear		48,632

the synergies ofthe combination, irres are assigned to those units. Donations and legacies	pective of whether other assets	or liabilities	ofthe charity
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
Donations
Donations	36,007		36,007
Transfer ofnet assets	4,631,535	100,000	4,731,535
	4,667,542	100,000	4,767,542

5.	Charitable activities	Charitable activities	Charitable activities
						Unrestricted	Total Funds
						Funds	2023
						f.	E
	Rental income		-KisharonLangdon			238,785	238,785
6.	Other income
						Unrestricted	Total Funds
						Funds	2023
	Rental income		- other			101,323	101,323
7.	Expenditure		on charitable	activities by fund type
						Unrestricted	Total Funds
						Funds	2023
	Provision offacilities used Support costs			by KisharonLangdon		464,145 59,940	464,145 59,940
						524,085	524,085
8.	Kxpenditure		on charitable	activities by activity type
					Activities
					undertaken		Total funds
					directly	Support costs	2023
	Provision of Governance	facilities used costs		by KisharonLangdon	464,145	59,940	464,145 59,940
					464,145	59,940	524,085
9.	Other expenditure
						Unrestricted	Total Funds
						Funds	2023
	Rental property costs					46,522	46,522
10.	Net incoine
	Net income	is stated after		charging/(crediting):
							2023
	Depreciation		oftangible fixed assets				76,943

			Freehold
			land do
			property
	Cost
	At 1 September 2022 Additions		7,183,944
	At 31August	2023	7,183,944
	Depreciation
	At 1 September 2022 Charge for the year		76,943
	At 31August	2023	76,943
	Carrying amount At 31August 2023		7,107,001
15.	Debtors
			2023
	Prepayments	and accnied income	4,807

16.	Creditors: amounts	falling due within one year
			2023
	Bank loans and overdraAs		111,000
	Accruals and deferred	income	12,234
			123,234
17.	Creditors: amounts	falling due after more than one year
			2023
	Bank loans and overdraAs		2,500,163

	Unrestricte	d funds
				At			At
				I September			31August
				2022	Income	Expenditure	2023
	General funds				5,007,650	(570,607)	4,437,043
	Restricted	funds
				At			At
				I September			31August
				2022	Income	Expenditure	2023
	Restricted	funds			100,000		100,000
19.	Analysis of net assets		between funds
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2023
	Tangible fixed assets Current assets				7,007,001 53,439	100,000	7,107,001 53,439
	Creditors Creditors	less than I year greater than I year			(123,234) (2,500,163)		(123,234) (2,500,163)
	Net assets				4,437,043	100,000	4,537,043