| Page | ||
|---|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
||
| Trustee's Report | 2-5 | |
| Independent Examiner's |
Report | 6-7 |
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 10-20 |
| JE | JOSEPH CHARITABLE FUND | JOSEPH CHARITABLE FUND | |||
|---|---|---|---|---|---|
| REFERENCE AND | ADMINISTRATIVE | DETAILS OF THE CHARITY, ITS | TRUSTEES AND ADVISERS | ||
| FORTHE YEAR ENDED 5APRIL 2023 | |||||
| Trustees | Representatives | ofJ.E.Joseph | Trustee Company | Limited | |
| Charity rag istemd number |
209058 | ||||
| Principal office | 19Hawkesley | Court | |||
| Wafford Road | |||||
| Radlett | |||||
| Herts | |||||
| WD7 8HH | |||||
| Secretary | R Leon | ||||
| Chairman | R Shemtob | ||||
| Accountants | Sopher+ Co LLP | ||||
| Chartered Accountants |
|||||
| 5 Elstree Gate | |||||
| Elstree Way | |||||
| Borehamwood | |||||
| WD6 IJD | |||||
| Bankers | C Hoare &Co | ||||
| 37Fleet Street | |||||
| London | |||||
| EC4P 4DQ | |||||
| Investment | advisor | Cazenove Capital Management |
Limited | ||
| 1 London Wall | Place | ||||
| London | |||||
| EC27 5AU |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Note | 5 | 6 | F | |||
| Income and endowments | from: | |||||
| Investments | 101,076 | 101,076 | 93,849 | |||
| Total income and endowments | 101,076 | 101,076 | 93,849 | |||
| Expenditure on: Raising funds Charitable activities |
4 5 |
174,521 | 24,694 | 24,694 174,521 |
26,133 167,550 |
|
| Total expenditure | 174,521 | 24,694 | 199,215 | 193,663 | ||
| Net (expenditure)/income before net (losses)/gains on investments Net (losses)/gains on investments |
(174,521) | 76,382 (317,073) |
(98,139) (317,073) |
(99,834) 261,037 |
||
| Net (expenditure)/income | (174,521) | (240,691) | (415,212) | 161,203 | ||
| Transfers between funds |
14 | 168,292 | (168,292) | |||
| Net movement in funds |
(6,229) | (408,983) | (415,212) | 161,203 | ||
| Reconciliation offunds: Total funds brought forward Net movement in funds |
155,417 (6,229) |
5,994,139 (408,983) |
6,149,556 (415,212) |
5,968,353 161,203 |
||
| Total funds carried forward | 149,188 | 5,585,156 | 5,734,344 | 6,149,556 |
| Endowment | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2023 | 2023 5 |
2022f |
| 24,694 | 24,694 | 26,133 |
| Grant | ||||
|---|---|---|---|---|
| funding of activities |
Support costs |
Total funds |
Total funds |
|
| 2023 | 2023f | 2023 5 |
2022 | |
| Home - General Home - Schools Far East Israeli |
91,500 2,500 5,000 50,039 |
15,644 427 855 8,556 |
107,144 2,927 5,855 58,595 |
103,197 6,377 1,159 56,817 |
| 149,039 | 25,482 | 174,521 | 167,550 | |
| 144,500 | 23,050 | 167,550 |
| Home- General 2023 6 |
Home- Schools 2023 5 |
Far East 2023 f |
israeli 2023 5 |
Total funds 2023 5 |
Total funds 2022 6 |
||
|---|---|---|---|---|---|---|---|
| Share of support costs |
10,437 | 285 | 570 | 5,708 | 17,000 | 8,250 | |
| Share of governance |
costs | 5,207 | 142 | 285 | 2,848 | 8,482 | 14,800 |
| 15,644 | 427 | 855 | 8,556 | 25,482 | 23,050 | ||
| Total 2022 | 14,197 | 877 | 159 | 7,817 | 23,050 |
| Grants to | Total | Total | |
|---|---|---|---|
| Institutions | funds | funds | |
| 2023 | 2023 | 2022 | |
| 6 | 6 | F | |
| Home - General Home -Schools Far East Israeli |
91,500 2,500 5,000 50,039 |
91,500 2,500 5,000 50,039 |
89,000 5,500 1,000 49,000 |
| 149,039 | 149,039 | 144,500 | |
| 144,500 | 144,500 |
| Cash held in | |||
|---|---|---|---|
| Listed | investment | ||
| investments 6 |
porffolio | Total 8 |
|
| Cost orvaluation | |||
| At6April 2022 Additions |
5,886,735 984,817 |
115,590 | 6,002,325 984,817 |
| Disposals | (1,033,223) | (1,033,223) | |
| Revaluations | (308,940) | (308,940) | |
| Cash movements | (35,247) | (35,247) | |
| At 5April 2023 | 5,529,389 | 80,343 | 5,609,732 |
| Net book value | |||
| At 5 April 2023 | 5,529,389 | 80,343 | 5,609,732 |
| At 5 April 2022 | 5,886,735 | 115,590 | 6,002,325 |
| Statement offun | ds -current year | |||||
|---|---|---|---|---|---|---|
| Balance at 6 April 2022 6 |
Income | Expenditure K |
Transfem in/out 5 |
Gainsl Balance at 5 (Losses) April 2023 6 |
||
| Unrestricted | ||||||
| funds | ||||||
| General Funds- all funds |
155,417 | (174,521) | 168,292 | 149,188 | ||
| Endowment | ||||||
| funds | ||||||
| Endowment Funds - all funds |
5,994,139 | 101,076 | (24,694) | (168,292) | (317,073) | 5,585,156 |
| Total offunds | 6,149,556 | 101,076 | (199,215) | (317,073) | 5,734,344 | |
| Statement of funds -prior year | ||||||
| Balance at 6April 2021 E |
Income 5 |
Expenditure | Transfers in/out E |
Gains/ (Losses) E |
Balance at 5Apdl 2022 |
|
| Unrestricted | ||||||
| funds | ||||||
| General Funds- all funds |
148,153 | (167,550) | 174,814 | 155,417 | ||
| Endowment | ||||||
| funds | ||||||
| Endowment Funds - all funds |
5,840,200 | 93,849 | (26,133) | (174,814) | 261,037 | 5,994,139 |
| Total offunds | 5,988,353 | 93,849 | (193,683) | 261,037 | 6,149,556 |
| Analysis ofnet assets between funds -cur | rent year | ||
|---|---|---|---|
| Unrestricted | Endowment | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| 6 | 6 | ||
| Fixed asset investments | 31,447 | 5,578,285 | 5,609,732 |
| Current assets | 122,241 | 6,871 | 129,112 |
| Creditors due within one year | (4,500) | (4,500) | |
| Ttl | 149,188 | 5,585,156 | 5,734,344 |
| Analysis ofnet assets between funds -prio | r year | ||
|---|---|---|---|
| Unrestricted | Endowment | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| 5 | 5 | 6 | |
| Fixed asset investments | 8,186 | 5,994,139 | 6,002,325 |
| Current assets | 161,231 | 161,231 | |
| Creditors due within one year | (14,000) | (14,000) | |
| 155,417 | 5,994,139 | 6,149,556 |