##
##
|Contents||Pages|
|---|---|---|
|Report ofthe Trustees||I —4|
|Auditors'
Report||5 —7|
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Statement ofAccounting|Policies|10—11|
|Notes to the Accounts||12 —18|
##
##
|Registered|Registered|Charity|Number|212148|||
|---|---|---|---|---|---|---|
|Accounting||Period||Year ended Sa April 2022|||
|Address||||Gresham
House|||
|||||5 —7 St Paula Street|||
|||||Leeds|||
|||||LS1 2JG|||
|Trustees||||D SLyons Esq|—Honorary|Secretary|
|||||M JFriedman Esq|||
|||||P D Mitchell Esq|||
|||||Mrs BLyons-Newman|||
|||||SM Jackson Esq|||
|Property|Agents|||Welbeck Asset|Management||
|||||7-10Beaumont|Mews||
|||||London|||
|||||WIG 6EB|||
|||||Robert Irving Burns Limited|||
|||||23/24 Margaret|Street||
|||||London|||
|||||WIW 8LF|||
|Investment||Advisors||Sarasin &Partners|||
|||||Juxon House|||
|||||100St.Paul's Churchyard|||
|||||London|||
|||||EC4M 8BU|||
|Solicitors||||Bevan Brittan|||
|||||Toronto Square|TFloor||
|||||Toronto Street|||
|||||Leeds|||
|||||LSI 2HJ|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Permanent|General|Designated|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||Notes|Endowment|Fund|Fund|2022|2021|
|||||f|f|f|f||
|Income snd endowments|||||||||
|Income from Investments|||2/3|11,789|87,206||98,995|112,366|
|Total Income snd eadowments||||11,789|87206||98,995|112,366|
|Expenditure|||||||||
|Expenditure
on raising funds|||4||98,086||98,086|42,494|
|Expenditure
on charitable|activities||15|||143,408|143,408|128,479|
|Realised foreign currency|losses/(gains)|||(12,813)|(21,760)|-|(34,573)|23,842|
|Total Expenditure||||12813|76326|143,408|206,921|194,815|
|Net gains/(losses)
oa invcstmcnts|||||||||
|Unrealised
foreign currency gains/(losses)|||||1||I|I|
|Realised gains/(losses)
on|investments||||39,430||39,430|33,581|
|Unrealised
gains/(losses)|on investments|||10754|99,231||109,985|307,206|
|||||10,754|138,662||149,416|340,788|
|Net income/(cxpenditurc)||||35,356|149,542|143,408|41,490|258339|
|Transfers
between
funds||||(24,602)|(137,126)|161,728|||
|Net Movcmeat
in Funds||||10,754|12,416|18,320|41,490|258,339|
|Reconciliation
offunds|||||||||
|Fund balances brought
forward||at 6th April 2021||395,174|3,058,431|143,081|3,596,686|3,338,347|
|Fund balances carried forward at 5th Apnl 2022||||405,928|3,070847|161,401|3,638,176|3,596,686|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Permaaeat|General|Iscsignatcd|Total|
|---|---|---|---|---|---|---|
||||Endowment|Fund|Fuad|2021|
|income and eadowmcnts|||||||
|Income tiom Investments|||12,764|99,602||112,366|
|Uonauons
snd Lcgacics|||||||
|Total lacome aod eadowmcnts|||12,764|99602||112 366|
|Expeaditurc|||||||
|Expenditure
on raismg
funds||||42,494||42,494|
|Expenditure
on chantable|activities||||128,479|128,479|
|Realised foreign currency|(gains)/losses||8,043|15,799||23,842|
|Total Expcaditare|||8 043|58 93|128479|194815|
|Nct gains/(losssn)
on iavcstments|||||||
|Unrealued
foreign currency gams/(losses)||||I||I|
|Rcahscd gams/Rosser)
on|invcstrucnts|||33,581||33,581|
|Unrealtsed
gmns/Uosscs)|on investments||84 304|222 902||307 206|
||||84,304|256,484||340,788|
|Nct lacolllc/(cxpcaditili'c)|||89025|297 793|128479|258 339|
|Transfers
between
funds|||(4,721)|(92,382)|97,103||
|Net Movemcat
in Fends||||205 411|31 376|258 339|
|Reconciliation
offonda|||||||
|Fund balances brought
forward||at 6th Apnl 2020|310,870|2,853,020|174,457|3,338,347|
|Fund balances earned
forward||at 5th Aprd 2021|395,174|3,058,431|143,081|3,596686|
##
|2|Income from|lavestments|lavestments|lavestments|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2022||2021|
|||||||||f||f|
||Rents received|gross||||||68,000||75,764|
||Quoted stocks|and shares||||||30,969||36,555|
||Bank Interest|||||||26||47|
|||||||||98,995||112,366|
|3|Detailed Property
Income and||||Expenditure|Accoant|||||
|||||||||2022||2021|
|||||||||f|f|f|
||Rents Receivable||||||||||
||22 Pembridge|Road, London Wl|||I|||68,000||75,764|
||Repairs, refurbishments||and sundries||||59,020||1,264||
||Agents'
commission||||||2,856||2,557||
||Insurance
(net)||||||1,078||594||
||Legal Fees||||||5,091||3,420||
||Council Tax
Valuation
Fees||||||2,069||~1000||
|||||||||70,114|||
||Nct Rents Receivable|||||||||66,929|
|4|Expcnditurc
on raisiag|||fuads||||2022||2021|
|||||||||f|||
||Property
rental|costs (Note 3)||||||70,114||8,835|
||Management
and administration||||casts (Note 16)|||27,972||33,659|
|||||||||98,086||42,494|
|5|Total Resources Expended||||||||||
||Total resources|expended||are stated ader charging:|||||||
|||||||||2022||2021|
|||||||||||f|
||Auditors'
remuneration|||||||1,380||1,308|
||The Auditors'
remuneration|||relates entirely to||the year|end audtt.||||
##
##
##
|Fixed Asset Investmeats||||
|---|---|---|---|
|Market Value|Freehold|Quoted||
||Property|Investmeats|Total|
|||f||
|6th April 2021|2,350,000|1,156,251|3,506,25 1|
|Disposals||(80,000)|(80,000)|
|Unrealised
gains/(losses)|117,500|(7,515)|109,985|
|Realised gains/(losses)||39,430||
|Market value at 5th April 2022|2 467 500|I 108 166|3,575,666|
##
|Financial|instruments||||
|---|---|---|---|---|
||||2022|2021|
||||f|f|
|Financial|Assets||||
|General Fund|||665,763|757,319|
|Permanent|Endowment|Fund|457,126|433,652|
|Designated|Fund||161,401|143,081|
|Financial|LiabiTities||||
|General Fund|||62,416|48,888|
|Permanent|Endowment|Fund|51,198|38,478|
|Designated|Fund||||
||||113,614|87,366|
##
##
|8|Debtors||||||2022|2021f|
|---|---|---|---|---|---|---|---|---|
||Debtors, prepayments|||and accrued income|||58,490|60,070|
|9|Creditors||||||2022|2021|
||||||||f|I|
||Creditors|and|accruals||||62 416||
|10|Aaalysis|ofNet Assets||betweea Fuads|||||
||||||Permaaeat|General|Designated|Total|
||||||Endowmeat
f|Fuad
8|Fuad
8|Fundsf|
||Fund balances||at 5th April 2022 are||||||
||represented|by:|||||||
||Invmtment|Assets|||435,811|3,023,575|116,280|3,575,666|
||Debtors|||||58,490||58,490|
||Due to General||Fund horn Permanent||(51,198)|51,198|||
||Cash||||21,315||45,121|66,436|
||Creditors||||||||
||||||405 928|3 070847|161401|3 638 176|
||||||Pcrmaacnt|General|Dcsignatcd|Total|
||||||Endowmeat|Fund|Faad|Fuads|
||||||||I||
||Fund balances||at 5th April 2021 are||||||
||represented|by:|||||||
||Investment|Assets|||425,057|3,008,771|72,423|3,506,25 I|
||Debtors|||||60,070||60,070|
||Due to General||Fund I'rom Permanent||(38,4781|38,478|||
||Cash||||8,595||70,658|79,253|
||Crolitots||||||||
||||||395,174|3,058,431|||
##
##
##
##
|Designated
Fund|||||
|---|---|---|---|---|
||||2022|2021|
|||||f|
|Cal Performances
($20,000)|||15,264|14,383|
|Calgary Philharmonic
Orchestra-|iMorningside|Music Bridge Program ($10,000)|7,632|7,191|
|Holocaust
Survivors'
Friendship|Association||3,000|3,000|
|Israeli Opera ($20,000)|||15,264|7,191|
|Jerusalem
Foundation
($40,000)|||30,529|28,764|
|Jerusalem
Foundation
Film Scholarship ($25,000)||||17,978|
|Jerusalem
Academy ofMusic dr|Dance ($30,000)||22,896|21,574|
|Jewish Music Institute|||7,500|7,500|
|Leeds Piano Competition|||10,000|10,000|
|Royal Academy ofMusic|||20,000||
|Rubinstein
International
Mustc Society ($5,000)|||3,816||
|UKLFI Charitable
Trust|||7,500|7,500|
|Wigmore Hall Trust||||18,000|
||||161,401|143,081|
##
##
##
|Charitable
Donatioaa||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||8||
|Banty Ceatre - Music and Dance (C$30,000)||||||Dcslgllated|Fllild||18,038|
|Cal Performances
($20,000)||||||Designated|Fund|15,569|14,523|
|Calgary Philharmonic
Orchestra||- Momingside||Music Budge Program ($10,000)||Designated|Fund|7,785|2,960|
|Calgary Pro Musica (C$5,000)||||||Designated|Fund||2,960|
|Holocaust
Survivors
Fneadship||Association||||Designated|Fund|3,000|3,000|
|Israeli Opera ($10,000)||||||Desigmted|Fund|7,227||
|Jerusalem
Academy ofMusic and|||Dance ($30,000)|||Designated|Fund|22,371|23,685|
|Jerusalem
Foundation
-|Rachel|Karwan Chdd||Development|Centre ($40,000)|Designated|Fund|29,828|32,539|
|Jerusalem
Foundation
-|Film Scholarship ($25,000)|||||Destgnated|Fund|18,628||
|Jewish Music Institute||||||Designated|Fund|7,500|7,500|
|Rubmstem
latcrnational|Music|Society ($5,000)||||Dcslgtwtcd|Flllld||3,774|
|The Leeds International|Piano Competition|||||Designated|Fund|10,000||
|UKLFI Charitable
Trust||||||Designated|Fu id|7,500|7,500|
|Wigmore
Hall Trust||||||Designated|Fund|14,000|12,000|
|||||||||143,408|128,479|
|ihlanagcmcnt
and Administratioa|||Costs|||||||
|||||||||2022|2021|
||||||||||f|
|Accountancy
and admmistrauon||||||||26,844|31,536|
|Bank charges|||||||||I|
|Audit||||||||888|1,805|
|Investment
Management|Fees|||||||240|317|
|||||||||27,972|33,659|
##