2022-12-31-accounts

incomefrom:	Note		2022 £7000	2024 £000
Investments Total	2		1,276 1,276	1,285 1,285
Expenditureon: Raisingfunds:. Investmentmanagement Charitableactivities: Grant-making Totai	3		515 . 8,265 8,780	181. 3,298 3,479
Netexpenditurebeforeinvestmentgains: Net(losses)/gainsoninvestments Netincome/(expenditure)andnetmovementinfunds	7	_	(7,504) (63854) (14,358)	(2;194) 7,753 §,559
Reconciliationoffunds: Totalfundsbrought forward Totalfundscarriedforward			88,423 74,065	82,864. 88,423,

	Note	2022 £’000	£'000	2021 F'000	£090
Fixedassets
Tangible’assets: Investments Programmerelatedinvestments , Current.assets Debtors:arviountsfallingduewithin one‘year , Cashatbankand.inhand. - Creditors:amountsfallingdue.within oneyear Net-currentfiabilities, Totalassetslesscurrentliabilities	8 9 10 11 12	.459 1,179 1,638 a (5,473)	7 80,182. 1,889 81,748 (3,835}- 77,913	454 1,527 1,981 (3,777)	8 89,946 1,597 91,551 (1,796) 89,755	_.
Creditors:amountsfallingdue.inmore thanoneyear 13 Netasseis			(3,848). 74,065		(1,332) 88,423
Funds Income.and-endowmentfunds Totalfunds	14		74,065 74,065		88,423 88,423

	‘Note	2022 £000	2021 £000
Cashflowsfromoperatingactivities:
Netcashused’inoperatingactivities	16	(4,270)	(5,174)
Cashflowsfrominvestingactivities: Dividends,interest andrentsfrominvestments Purchaseoftangiblefixedassets. Proceedsfromsaleofinvestments Purchaseofinvestments _ Netcashprovidedby/ (usedin)investingactivities		1,276, - 7,043 (8,174) 445	1,285 {6) 10,944 (19,472) (7,252).
Decreaseinéashandcashequivalents intheyear		(4,125)	(12,426)
Cashandcashequivalentsbroughtforward Cashandcashequivalentscarriedforward	17	12,206 8,081	24,632 42;206	|

	2022	2021
	£’000	£7000
Incomefromlistedinvestments Bank.andotherinterest	4,225 51.	1,283 2
	1,276.	1,285

3.	Expenditure-oncharitableactivities
	2022	Grant
		fundingof
		activities (note4) £°000		Support costs £’000.	Total 2022. £7080	Total 20211 £'000
	CareandWelfare: JewishCommunity JewishEducation MedicalAdvancement Pathwaystoemployment ‘The.Atts NewInitiatives	3,147 347 4,690 (50) 1,722 4,010 27	.	147. 17 79 - 81 AT q	3,294 364 1,769 {50} 1,803 4,057 28	317 1,179 887 463 347 21 90
		7,893		372	8,265	3,298

Pathwaystoemployment ‘The.Atts NewInitiatives	1,722 4,010 27 . 7,893	81 AT q 372	1,803 4,057 28 8,265
2021	Grant
	fundingof
	activities (note'4)	Support costs	Total. 2021
‘CareandWelfare JewishCommunity JewishEducation MedicalAdvancement PathwaystoEmpioyment TheArts NewInitiatives	£'000 269 1,020 767 400 300 18 78	£000 42 159 120 63 47 3 12	£'000 3tt “4,179 887 463 347 21 90
	‘2,852	446	3,298.

	costsincludegovernancecostsof£22k(2021:£40k).	S	pport
4,	Newgrantsawardedandinitiativesfunded
a)	Newgrantsawarded— currentyear Care.and.WeéHare BikurCholim CampSimcha EzraU'Marpeh HospitalKosherMeaisService(HKMS) JewishGare AWA NoaGirls Norwood PaJeS WoodsiockSinclair VariousSmalland’DiscretionaryGrants(<£15,000each} ‘Cancelledgrantsinyear	2022 £7000 “100 75 100 20 2,500 ‘450 - - -86 60 56. -	2021 £'000 - - - " . = 22 156 - - 92. (Ay
		3,147.	269

A.	Newgrantsawarded andinitiativesfunded(continued)
		2022	202%
	JewishCommunity	£000	£'000
	CommunitySecurityTrust GIFT tnitiationSociety -JewishCare. JPR ProjectIimpACT The GoldersGreenBethHamedrashCongregation The.RabbiSacksLegacyTrust WienerHolocaustLibrary YouthAliyah VariousSmailand.DiscretionaryGrants(<£15,000éach) Cariceltedgrantsinyear	100 - 50 75 - 20 : 75 15 - 39 (27) 347	100 15 20 10 225 - 600 - - 50 - - 1,020
	JewishEducation
	ORTUK ChildrenAhead GesherSchool_ HasmoneanMultiAcademyTrust JW3- Gateways, PaJeS ProjectSeed TheRabbiSacksLegacyTrust VariousSmall-andDistretionaryGrants.(<£15,000each)	75 125 1,000 20 - 200 260 - 10 1,690	- - - 20 326 110 90 200 21 767
	Medicaladvancement
	TheFollicularLymphomaFoundation Cancelledgrantsinyear	” (50) (50)	400 = 400
	PathwaystoEmployment
	Birkbeck,University ofLondon JewishCommunitySecondarySchoot Office.ofTheChiefRabbi Resource TheLangdonFoundation	1,500. 60 50 112 : 1,722.	- - - - 300 300
	ArtsandHumanities
	TheBritishAcademy UnitedSynagogue VariousSmallandDiscretionaryGrants(<£15,000each)	4,006 - 10 1,010	- 18 - 18.
b)	Newinitiativesfunded— currentyear
	ActionforCommunityEmployment PeerLeadershipProgramme	6 21 27	74 7: 78
	Totalgrantsawarded/(cancelledgrants)andnewinitiativesfunded (note3)	7,893	2,852

		2022	2024
Wages Social Other	and'sdlariés securitycosts pensioncosts	£’000 184 20 16	£'000 215 22 20
		220	258

.numberofpersonsemployedbytheFounda	tion.duringtheyearwasasfollows:
	2022 No.	2021 No.
Administrative. Grantmanagement	2 3	2 3
	§	5
Thefull-timeequivalentnumber ofpersonsemployedby	theFoundationduringtheyearwasas	follows:

Administrative Grant‘management	0.4 1.3 2.0	_	0.5 1.3 2.0
Thenumberofemployeeswhosetaxable.emoluments £60,000intheyearwasasfollows:	forservicesto.theFoundation	amountedtoover
	2022		2021
	No.		No.
Intheband£70,001- £80,000	4		4

This‘isstatedaftercharging:
	2022 £000	2021 £000
Depreciationoftangiblefixedassets Auditor'sremuneration(excludingVAT) Auditservices Accountancyservices Operatingleases- landandbuildings	4 18. 1 46.	7 17 12 46

7.	Net(losses)/gainson:investments
						2022.	2021
						£000	£000
	Net/(losses)/gains.onrevaluationof Foreignexchangegain	fixedasset	investments	(note9}		(7,149) 295 (6,854)	7,659. 94 7,753
8.	Tangiblefixedassets
	_ Leasehold improvements ‘£000 Cost At1 January 2022and31 42 December2022		Paintings -£7000 3	Fixtures fittings £000 17	&	|Computer equipment £000 | 50	; Total .£°000 112
	Depreciation
	At1 January2022 Chargefortheyear At.31December2022	42 - 42	- ; :	17 - i7		45 1 46	104 1 105
	Netbookvalue
	At31December2022 At-31December.2021	- -	3 3	: -		4 5	7. 8

	2022 £000	2021 £'000.
Marketvalueat1 January Additionsatcost Proceédsondisposal. Cashtransfers Netgains. . Marketvalueat31December	89,946 8,174 (7,042) (3,777} (7,149) 80,152	86,748 19,473 (10,941) (12,993) 7,859 89,946
investmentsheldatyear.endcomprise:
	2022	2021
	£000	£000
Listedinvestments PrivateEquityFunds Managedfunds-andunittrusts Cashandcashequivalénts	‘$1,629 1,771 20,510 6,902.	59,432 oo 19,835. 10,679
	80,152	89,946

Programmerelatedinvestmentscomprisesa loan’of£1,500k(2021:£1,500k)givenbythe.Foundationto RedbournePropertyLLP(‘theLLP’)anda.loanof$115kgiventoJewishInteractive(2021:$125k).The loansareinteréstfree.andareregardedassocialinvestmentsbecauisetheyhavebeenmadetomeetthe charitableobjectivesofthe.Foundation,
The.loantoRedbournePropertyLLPisrepayablewithin90days ofnotice,althoughitisnotthetrustees’ intentiontogive.noticewithintwelve:monthsfromthe.balance:sheet.date.TheLLPownsthebuilding knownastheWohl.Enterprise Hub,a sharedworkspaceinNorthLondon,thatisrunbyWorkAvenuein ordertocreateworkandbusinessopportunities thatbenefitthefullspectrumoftheJewishcommunity.. TheLLPisjointlycontrolledbytheFoundationandWorkAvenue,TheLLPownsandreceives:rental incomeinrespectoftheWohlEnterpriseHub. Ithasnootheractivity.ThevalueoftheFoundation's. investmentintheLLPis.notmateriallydifferentfromtheFoundation’s:originalinvestmentof£1,500k.
ebtors
2022 2021
£000 £'000
Amountsduefrom.TheMaurice andVivienneWohtPhilanthropic - Foundation 290 323 Otherdebiors 144 144 Prepayments 25 17
459 454.

		2022	2021
		£7000	£000
	Accruals Accrualsforgrantspayable.	62 §.444	149 3,628
		5,473	3,777
13.	Creditors:Amountsfallingdueaftermorethanoneyear
		2022	2021
		£000	£'000
	Accrualsforgrantspayable	3,848	4,332

Amountspayable:	2022 £'000		2021 £000
Within1 year Between1-5 years	46 23		46 70.
	69		116
Reconciliationofnetmovement infundstonetcashflowfromoperatingactivities
	2022		2021
	£'000		£000
Netincome/(expenditure)fortheyear(as perStatementof	(14,350)		5,560
FinancialActivities)
‘Adjustmentfor:
Depreciationcharges	4		6
Gains.oninvestments: Dividends,interestandrentsfrorninvestments Receiptfromprogrammerelatedinvestments Increaseindebtors iIncrease/(decrease)in.creditors Netcashusedincperatirigactivities	7,149 (1,276) (10) 4,208 {4,270)	_	(7;659} (1,285) - (387) (1,409) (5,174)

	2022		2021
	£7000		£'000
Cashinhand Cashbalancesheldininvestments(note-9)	1,179 6,902	—	1,527 10,679
	8,081		12,206.