2023-04-05-accounts

Contents		Pages
Report ofthe Trustees		1 —4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Statement ofAccounting	Policies	8 —9
Notes to the Accounts		10 —16

Registered	Charity Number	212148
Accounting	Period	Year ended 5a April 2023
Address		Gresham House
		5 —7StPauls Street
		Leeds
		Ls 1 2JG
Trustees		D SLyons Esq —Honorary		Secretary
		MJFriedman Esq
		P D Mitchell Esq (retired 10October 2023)
		Mrs BLyons-Newman
		SM Jackson Esq
		FW Beadle (appointed	10October 2023)
Property Agents		Welbeck Asset Management
		7-10Beaumont Mews
		London
		WIG 6EB
		Robert Irving Burns Limited
		23/24 Margaret Street
		London
		Wlw 8LF
Investment	Advisors	Sarasin gt Partners
		Juxon House
		100St. Paul's Churchyard
		London
		EC4M 8BU
Solicitors		Bevan Brittan
		Toronto Square 7a Floor
		Leeds
		Ls1 2HJ

				Permanent	General	Designated	Total	Total
			Notes	Endowment 8	Fundf	Fund 8	2023 f	2022 8
Income and endowments
Income from Investments			2/3	12,539	140,234		152,773	98,995
Total Income and endowmeats				12,539	140,234		152,773	98,995
Expenditure
Expenditure on raising funds			4	328	47,568		47,896	98,086
Expenditure on charitable	activities		15		12,709	163,627	176,336	143,408
Realised foreign currency	losses/(gains)			(22,217)	(35,506)	-	(57,723)	(34,573)
Total Expenditure				21,889	24,771	163,627	166,509	206,921
Net gains/(losses) on investments
Unrealised foreign currency gains/(losses)					(16)		(16)	1
Realised gains/(losses) on	investments							39,430
Unrealised gains/(losses)	on investments			34,253	269,424		303,677	109,985
				(34,253)	(269,440)		(303,693)	149,416
Net income/(expenditure)				175	153,977	163,627	317,429	41,490
Transfers between funds				(34,756)	(109,691)	144,447
Net Movement in Funds				34,581	263,668	19,180	317,429	41,490
Reconciliation offunds
Fund balances brought forward		at 6th April 2022		405,928	3,070,847	161,401	3,638,176	3,596,686
Fund balances carried forward		at 5th April 2023		371,347	2,807,179	142,221	3,320,747	3,638,176

	Notes		2023f		2022 f.
Fixed Assets
Investments			3,271,989		3,575,666
Current Assets
Debtors		91,184		58,490
Cash at bank and in hand		79,876		66,436
		171,060		124,926
Liabilities
Creditors falling due within one year	9	~322 302		62,416
Net Current Assets			48,758		62,510
Net Assets			3,320 747		3,638,176
Tbe funds ofthe charity
General fund	10		2,807,179		3,070,847
Permanent endowment	10		371,347		405,928
Designated fund	10		142,221		161,401
Total charity funds			3,320,747		3,638,176

			Permanent	General	Dcsigaatcd	Total
			Endowment	Fund	Fund	2022
			f	8
Income and endowments
Income from Investments			11,789	87,206		98,995
Total lacome and endowmeats			11789	87206		98,995
Espeaditure
Expenditure on raising funds				98,086		98,086
Expenditure on charitable	activities				143,408	143,408
Realised foreign currency	(gaias)/losses		(12,813)	(21,760)	-	(34,573)
Total Expenditure			12813	76326	143,408	206 921
Net gains/Dosses) on lnvesuuents
Unrealised foreign currency gains/(losses)				I		I
Realised gains/(losses) on investments				39,430		39,430
Unrealised gains/(losses)	on investments		10,754	99,231		109,985
			10,754	138,662		149,416
Net lacome/(expenditure)			35,356	149,542	143,408	41,490
Transfers between funds			(24,602)	(137,126)	161,728
Net Mevemeat in Fuads			10754	12,416	18,320	41,490
Reconciliation offunds
Fund balances brought forward		at 6th April 2021	395,174	3,058,431	143,081	3,596,686
Fund balances carried forward		st 5th April 2022	405,928	3,070,847	161,401	3,638,176

2	Income from lavestmeats	Income from lavestmeats
					2023			2022
					6
	Rents received gross				121,666		68,000
	Quoted stocks and shares				29,948		30,969
	Bank Interest				1,159			26
					152,773		98,995
3	Detailed Property Income and		Expeaditure	Account
					2023			2022
				8	8
	Rents Receivable
	22 Pembridge Road, London WI		I		121,666		68,000
	Repairs, refurbishments	and sundries		(25,128)		61,089
	Agents' commission			5,252		2,856
	Lenings Fees			2,751
	Insurance (net)			1,009		1,078
	Legal Fees			4,272		5,091
	Valuation Fees			1,200
	Doubtful Debt Provision			25,800
					15,156		70,114
	Net Rents Receivable				106510		2	114
4	Expeadlture on raising	fuads			2023			2022
					E
	Property rental costs (Note 3)				15,156		70,114
	Management and administration		costs (Note	16)	32,739 ~47 895		27,972 ~98086
5	Total Resources Expended
	Total resources expcndod	are stated aRer charging:
					2023			2022
							8
	Auditors' remuneration Independent Examinefs	remuneration			~2100		1,380
					2,100		1,380

6	Fixed Asset Investments
	Market Value	Freehold	Quoted
		Propertyf	Investments f	Total
	6th April 2022	2,467,500	1,108,166	3,575,666
	Disposals
	Unrealised gains/(losses)	(217,500)	(86,177)	(303,677)
	Realised gains/(losses)
	Market value st 5th April 2023	2290000	.021989	3271989

Financial	Instruments
			2023	2022
			f
Financial	Assets
General Fund			679,481	665,763
Permanent	Endowment	Fund	444,762	457,126
Designated	Fund		142,221	161,401
			1,266,464	1,284,290
Financial	LiabiTities
General Fund			122,302	62,416
Permanent	Endowment	Fund	73,415	51,198
Designated	Fund
			195,717	113,614

8	Debtors						2023	2022
	Debtors, prcpaymcnts			and accrued income
							91,184	58,490
9	Creditors						2023	2022
							f
	Creditors aad accruals						122,302	62,416
							122,302	62,416
10	Analysis ofNet		Assets between Funds
					Permanent	Geaeral	Designated	Total
					Endowmeatf	Fund f	Fundf	Fuads
	Fund balances at 5th April 2023 are
	represented	by:
	Investment	Assets			401,558	2,764,882	105,549	3,271,989
	Debtors					91,184		91,184
	Due to General		Fund	from Permanent	(73,415)	73,415
	Cash				43,204		36,672	79,876
	Creditors
					371,347	2,807,179	142,221	3,320,747
					Permaaent	Geaeral	Designated	Total
					Eadowment	Fundf	Fundf	Fuads f
	Fund balances at 5th April 2022 are
	represented	by;
	Investment	Assets			435,811	3,023,575	116,280	3,575,666
	Debtors					58,490		58,490
	Due to General		Fund	from Permanent	(51,198)	51,198
	Cash				21,315		45,121	66,436
	Creditors
								3,638,176

Designated Fund
			2023	2022
				f
Cal Performances ($20,000)			16,042	15,264
Calgary Philharmonic Orchestra-	Morningside	Music Bridge Program ($10,000)	8,021	7,632
Holocaust Centre North			4,000	3,000
Israeli Opera ($20,000)				15,264
Jerusalem Foundation ($40,000)			32,084	30,529
Jerusalem Academy ofMusic 8'c	Dance ($30,000)		24,063	22,896
Jewish Music Institute			7,500	7,500
Leeds Piano Competition			10,000	10,000
Royal Academy ofMusic			10,000	20,000
Rubinstein International Music Society ($5,000)			4,011	3,816
UKLFI Charitable Trust			8,500	7,500
Wigmore Hall Trust			18,000	18,000
			142,221	161,401

						I 44	I I	44 0„ 044
					44
					4I
										IC
				40
				$A
				0 0	tl O tl	0 O IC 0	Co Vl I O	tl0
				)
			0 0 CP	0	tt 44	a I V	ICttO t 44	tt I Vl		Ol„t IC	to
			4. 0	)"	IO 0.'
					IA
			V
	9tt
		r
												U
												IC
												IC
												IC
	400											VV 0s
	I											00
												5
C 0 V 0 'O0		VO0 'lI0 0										6I5
0 IO 0 C	0a 00 g 0					0 OC s50 Q			o. I 0 3 g I II	IO ttl 0 '0 5 o. 44 IC		P.

Charitable Donations
								2023	2022
								8	8
Cal Performances ($20,000)						Designated	Fund	16,878	15,569
Calgary Philharmonic Orchestra		-Momingside	Music Bridge Program ($10,000)			Designated	Fund	8,439	7,785
Holocaust Centre North						Designated	Fund	3,000	3,000
Hebrew University ofJerusalem		($15,000)						12,709
Israeli Opera ($20,000)						Designated	Fund	15,718	7,227
Jerusalem Foundation ~	Academy ofMusic and Dance ($30,000)					Designated	Fund	25,316	22,371
Jerusalem Foundation -	Rachel	Karwan Child Developmeat			Centre ($40,000)	Designated	Fund	33,890	29,828
Jerusalem Foundation -	SirJack Lyons Charitable			Trust Scholarship ($25,000)					18,628
Jewish Music Institute						Designated	Fund	7,500	7,500
The Leeds International	Piano Competition					Designated	Fund	10,000	10,000
Royal Academy ofMusic						Designated	Fund	20,000
Rubinstein International	Music	Society ($5,000)				Designated	Fund	4,386
UKLFI Charitable Trust						Designated	Fund	8,500	7,500
Wigmore Hall Trust						Designated	Fund	10,000	14,000
Management and Administration Costs
								2023	2022
Accountancy and administration								29,910	26,844
Audit								60	888
independent Examination								2,100
Investment Management	Fees							669	240
								32,739	27,972