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||`Page`|
|---|---|
|`Legalandadministrativeinformation`|`1`|
|`Trustees’report`|`2-9`|
|`Independentauditors’report`|`10-12`|
|`Statementoffinancialactivities`|`13`|
|`Balancesheet`|`14`|
|`Statementofcashflaws`|`15`|
|`Notes`<br>`tothefinancialstatements`|`16-26`|





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||`Note`|`2023`|`2022`|
|---|---|---|---|
|||`£7000`|`£’000`|
|`Incomefrom:`||||
|`Investments`|`2`|`1,318`|`1,276`|
|`Total`|<br>|<br> <br>`1,318`|<br> <br>`1,276`|
|`Expenditureon:`||||
|`Raisingfunds:`||||
|`Investmentmanagement`||`491`|`515`|
|`Charitableactivities:`||||
|`Grant-making`|`3`|`4,862`|`8,265`|
|`Total`|<br>|<br> <br>`5,353`|<br> <br>`8,780`|
|`Netexpenditurebeforeinvestmentgains`||`(4,036)`|`(7,504)`|
|`Netgains/ (losses)oninvestments`|`7`|`3,271`|`(6,854)`|
|`Netexpenditureandnetmovement`<br>`infunds`|<br>|<br> <br>`(765)`|<br> <br>`(14,358)`|
|`Reconciliationoffunds:`||||
|`Totalfundsbroughtforward`||`74,065`|`88,423`|
|`Totalfundscarriedforward`|<br>|<br>`73,300`<br>|<br>`74,065`<br>|





## 

|||`2023`||`2022`||
|---|---|---|---|---|---|
||`Note`|`£7000`|`£000`|`£000`|`£000`|
|`Fixedassets`||||||
|`Tangibleassets`|`8`||`5`||`7`|
|`Investments`|`9`||`78,443`||`80,152`|
|`Programmerelatedinvestments`|`10`||`89`||`1,589`|
||||`78,537`||`81,748`|
|`Currentassets`||||||
|`Debtors:amountsfallingduewithin`||||||
|`oneyear`|`11`|`387`||`459`||
|`Cashatbankandinhand`|`17`|`1,693`||`1,179`||
|||`2,080`||`1,638`||
|`Creditors:amountsfallingduewithin`||||||
|`oneyear`|`12`|`(4,879)`||`(5,473)`||
|`Netcurrentliabilities`|||`(2,799)`||`(38,835)`|
|`Totalassetslesscurrentliabilities`|||`75,738`||`77,913`|
|`Creditors:amountsfallingdueinmore`||||||
|`thanoneyear`|`13`||`(2,438)`||`(3,848)`|
|`Netassets`|||`73,300`||`74,065`|
|`Funds`||||||
|`Incomeandendowmentfunds`|`14`||`73,300`||`74,065`|
|`Totalfunds`|||`73,300`||`74,065`|





## 

|||`2023`|`2022`|
|---|---|---|---|
||`Note`|`£000`|`£’000`|
|`Cashflows fromoperatingactivities`||||
|`Netcashusedinoperatingactivities`|<br>`16`|<br>`(5,995)`|<br>`(4,270)`|
|`Cashflowsfrominvestingactivities:`<br>`Dividends,interestandrentsfrominvestments`<br>`Proceedsfromsaleofinvestments`<br>`Purchaseofinvestments`<br>`Netcashprovidedbyinvestingactivities`|<br>|<br> <br>`1,318`<br>`25,509`<br>`(12,060)`<br>`14,767`|<br> <br>`1,276`<br>`7,043`<br>`(8,174)`<br>`145`|
|`Increase/(decrease)incashandcashequivalentsinthe`<br>`year`||`8,772`|`(4,125)`|
|`Cashandcashequivalentsbroughtforward`||<br>`8,081`|<br>`12,206`|
|`Cashandcashequivalentscarriedforward`|<br>`17`<br>|<br>`16,853`<br>|<br>`8,081`<br>|





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|`3.`|`Expenditureoncharitableactivities`||||||
|---|---|---|---|---|---|---|
||`2023`|`Grantfunding`|`of`||||
|||`activities`||`Support`||`Total`|
|||`(note4)`||`costs`||`2023`|
|||`£°000`||`£000`||`£7000`|
||`CareandWelfare`||`791`|`49`||`840`|
||`JewishCommunity`|`1,348`||`85`||`1,433`|
||`JewishEducation`|`1,689`||`106`||`1,795`|
||`PathwaystoSelf-Sufficiency`||`197`|`110`||`307`|
||`MedicalAdvancement`||`400`|`24`||`424`|
||`TheArts`||`10`|`1`||`11`|
||`NewInitiatives`||`49`|`3`||`52`|
||<br>|<br> <br>`4,484`||<br> <br>`378`|<br> <br>|<br> <br>`4,862`|
||`2022`|`Grantfunding`|<br>`of`||||
|||`activities`||||`Total`|
|||`(note4)`||`Supportcosts`||`2022`|
|||`£000`||`£’000`||`F000`|
||`CareandWelfare`|`3,147`||`147`||`3,294`|
||`JewishCommunity`||`347`|`17`||`364`|
||`JewishEducation`|`1,690`||`79`||`1,769`|
||`PathwaystoSelf-Sufficiency`|`1,722`||`81`||`1,803`|
||`MedicalAdvancement`<br>`TheArts`|`(50)`<br>`1,010`||`47`|`:`<br>|`(50)`<br>`1,057`|
||`NewInitiatives`||`at`|`1`||`28`|
||<br>|<br>`7,893`<br>||<br>`372`<br>|<br> <br>|<br>`8,265`<br>|
||`Supportcostsrelatetostaff,officeandadministrativecostsincluding`|||`professionalfees.`||`Support`|
||`costsincludegovernancecostsof£22k(2021:£40k).`||||||
|`4.`|`Newgrantsawardedandinitiativesfunded`||||||
|`a)`|`Newgrantsawarded— currentyear`|||`2023`||`2022`|
|||||`£7000`||`£000`|
||`CareandWelfare`||||||
||`BikurCholim`|||`100`||`100`|
||`CampSimcha`|||||`75`|
||`EzraU'Marpeh`||||`-`|`100`|
||`HospitalKosherMealsService(HKMS)`||||`=`|`20`|
||`JewishCare`||||`:`|`2,500`|
||`JWA`||||`7`|`150`|
||`Nightingale`|||`87`||`*`|
||`NoaGirls`|||`300`|||
||`PaJes`||||`-`|`86`|
||`WoodstockSinclairTrust`|||`216`||`60`|
||`YouthAliyah`|||`50`||`>`|
||`VariousSmallandDiscretionaryGrants(<£15,000each)`|||`38`||`56`|
|||||<br>`791`<br>|<br> <br>|<br>`3,147`<br>|





|`JewishCommunity`||`2023`<br>`£000`|<br>|`2022`<br>`£000`|<br>|
|---|---|---|---|---|---|
|`CommunitySecurityTrust`<br>`InitiationSociety`<br>`JewishCare`<br>`ProjectImpACT`<br>`SassovBeisHamedrash`<br>`TheGoldersGreenBethHamedrashCongregation`<br>`TheJerusalemFoundation`<br>`TheRabbiSacksLegacyTrust`<br>`WienerHolocaustLibrary`<br>`VariousSmallandDiscretionaryGrants(<£15,000each)`<br>`Cancelledgrantsinyear`<br>||<br>`150`<br>`109`<br>`34`<br>`:`<br>`180`<br>`60`<br>`815`<br>`.`<br>`-`<br>`:`<br>`*`<br>`1,348`||<br>`100`<br>`50`<br>`75`<br>`20`<br>`,`<br>`.`<br>`:`<br>`75`<br>`15`<br>`39`<br>`(27)`<br>`347`||
|`JewishEducation`||||||
|`ORTUK`<br>`ChildrenAhead`<br>`ChinuchUK`<br>`Gateways`<br>`GesherSchool`<br>`Hasmonean`<br>`MultiAcademyTrust`<br>`Kisharon`<br>`Norwood`<br>`PaJeS`<br>`ProjectSeed`<br>`SidebySide`<br>`VariousSmailandDiscretionaryGrants(<£15,000each)`<br> <br>||<br> <br>`:`<br>`:`<br>`30`<br>`700`<br>`:`<br>`20`<br>`78`<br>`28`<br>`25`<br>`z`<br>`750`<br>`58`<br>`1,689`||<br> <br>`75`<br>`125`<br>`:`<br>`-`<br>`1,000`<br>`20`<br>`:`<br>`:`<br>`200`<br>`260`<br>`:`<br>`10`<br>`7,690`|<br> <br> <br> <br> <br> <br> <br> <br> <br> <br> <br>|
|`PathwaystoSelf-Sufficiency`||||||
|`Birkbeck,UniversityofLondon`<br>`ORTUK`<br>`JewishCommunitySecondarySchool`<br>`OfficeofTheChiefRabbi`<br>`Resource`<br>`WorkAvenue`<br>`WorkAvenue(Redbourneloanconversion)`<br>`Cancelledgrants`|<br> <br>|<br> <br>`‘`<br>`200`<br>`.`<br>`.`<br>`.`<br>`50`<br>`1,500`<br>`(1,553)`<br>`197`||<br> <br>`1,500`<br>`‘`<br>`60`<br>`50`<br>`112`<br>`:`<br>`3`<br>`:`<br>`1,722`|<br> <br>|
|`Medicaladvancement`||||||
|`HatzolaNorthWest`<br>`Cancelledgrantsinyear`|<br>|<br> <br>`400`<br>`-`<br>`400`|<br>|<br> <br>`“`<br>`(50`<br>`(50)`|<br>|
|`TheArts`||||||
|`TheBritishAcademy`<br>`VariousSmallandDiscretionaryGrants(<£15,000each)`<br> <br>||<br> <br>`:`<br>`10`<br>`10`|<br>|<br> <br>`1,000`<br>`10`<br>`1,010`|<br>|
|`Newinitiativesfunded— currentyear`||||||
|`ActionforCommunityEmployment`<br>`PeerLeadershipProgramme`<br>`JewishFreeSchoolConsultancy`|<br>|<br> <br>`é`<br>`12`<br>`37`<br>`49`|<br>|<br> <br>`6`<br>`21`<br>`:`<br>`27`|<br>|
|`Totalgrantsawarded/(cancelledgrants)`<br>`(note3)`|`andnewinitiativesfunded`<br> <br>|<br> <br>`4,484`|<br>|<br> <br>`7,893`||
||<br>|||||





## 

## 

|||`2023`|`2022`|
|---|---|---|---|
|||`£7000`|`£000`|
|`Wages`<br>`Social`<br>`Other`|`andsalaries`<br>`securitycosts`<br>`pensioncosts`|<br>`174`<br>`18`<br>`19`<br>`211`<br>|<br>`184`<br>`20`<br>`16`<br>`220`<br>|



|`Theaveragenumberofpersonsemployedbythe`|`Foundationduringtheyearwasasfollows:`||
|---|---|---|
||`2023`|`2022`|
||`No.`|`No.`|
|`Administrative`<br>`Grantmanagement`|<br>`1`<br>`3`<br>`4`<br>|<br>`2`<br>`3`<br>`5`<br>|



|`Administrative`<br>`Grant`<br>`management`||<br>`0.3`<br>`1.2`<br>`1.5`<br>|<br>|
|---|---|---|---|
|`Thenumberofemployeeswhosetaxableemoluments`||`forservicestotheFoundationamountedtoover`||
|`£60,000intheyear`|`wasasfollows:`|`2023`|`2022`|
|||`No.`|`No.`|
|`Intheband£70,001`|<br>`-£80,000`|`1`|`1`|





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## 

|||`2023`||`2022`|
|---|---|---|---|---|
|||`£000`||`£’000`|
|`Depreciationoftangiblefixedassets`||`1`||`1`|
|`Auditor'sremuneration(excludingVAT)`|||||
|`Auditservices`||`22`||`18`|
|`Accountancy`|`services`||`-`|`1`|
|`Operatingleases`|<br>`-landandbuildings`|`47`||`46`|



## 

|||||`2023`|`2022`|
|---|---|---|---|---|---|
|||||`£000`|`£’000`|
|`Netgains/ (losses)onrevaluationoffixedasset`||`investments`|`(note9)`|`3,482`|`(7,149)`|
|`Foreignexchangegain`||||`(211)`|`295`|
||||<br>|<br> <br>`3,271`|<br> <br>`(6,854)`|
|`Tangiblefixedassets`||||||
||`Leasehold`||`Fixtures& `|`Computer`||
||`improvements`|`—Paintings`|<br>`fittings`|`equipment`|`Total`|
||`£7000`|`£7000`|<br>`£°000`|`£000`|`£7000`|
|`Cost`||||||
|`At1January2023and31`|`42`|`3`|<br>`17`|`50`|`112`|
|`December2023`||||||
|`Depreciation`||||||
|`At1 January2023`|`42`|`-`|<br>`17`|`46`|`105`|
|`Chargefortheyear`|`-`|`-`|<br>`-`|`2`|`1`|
|`At31December2023`|<br> <br>`42`|<br> <br>`-`|<br> <br> <br>`17`|<br> <br>`48`|<br> <br>`107`|
|`Netbookvalue`||||||
|`At31December2023`|`:`|`3`|<br>`=`|`2`|`5`|
|`At 31December2022`|<br>`-`<br>|<br>`3`<br>|<br> <br>`-`<br>|<br>`4`<br>|<br>`7`<br>|





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||`2023`<br>`£000`|`2022`<br>`£000`|
|---|---|---|
|`Marketvalueat1 January`<br>`Additionsatcost`<br>`Proceedsondisposal`<br>`Cashtransfers`<br>`Netgains`<br>`Marketvalueat31December`|<br> <br>`80,152`<br>`12,060`<br>`(25,509)`<br>`8,258`<br>`3,482`<br>`78,443`|<br> <br>`89,946`<br>`8,174`<br>`(7,042)`<br>`(3,777)`<br>`(7,149)`<br>`80,152`|
|`Investmentsheldatyearendcomprise:`|`2023`<br>`£000`|`2022`<br>`£000`|
|`Listedinvestments`<br>`PrivateEquityFunds`<br>`Managedfundsandunittrusts`<br>`Cashandcashequivalents`|<br>`38,138`<br>`1,777`<br>`23,368`<br>`15,160`|<br>`51,629`<br>`1,111`<br>`20,510`<br>`6,902`|
||<br>`78,443`<br>|<br>`80,152`<br>|



## 

||`2023`<br>`£000`|`2022`<br>`£000`|
|---|---|---|
|`AmountsduefromTheMauriceandVivienneWohlPhilanthropic`<br>`Foundation`<br>`Otherdebtors`<br>`Prepayments`<br> <br>|<br>`275`<br>`84`<br>`28`<br>`387`<br>|<br>`290`<br>`144`<br>`25`<br>`459`<br>|





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|||`2023`|`2022`|
|---|---|---|---|
|||`£000`|`£’000`|
||`Accruals`|`72`|`62`|
||`Accrualsforgrantspayable`|`4,807`|`5,411`|
|||<br> <br>`4,879`|<br> <br>`5,473`|
|`13.`|`Creditors:Amountsfallingdueaftermorethanoneyear`|||
|||`2023`|`2022`|
|||`£7000`|`£000`|
||`Accrualsforgrantspayable`|`2,438`<br>|`3,848`<br>|



||`2023`||`2022`|
|---|---|---|---|
||`£000`||`£’000`|
|`Amountspayable:`||||
|`Within`<br>`1year`|`23`||`46`|
|`Between`<br>`1-5 years`||`=`|`23`|
||<br>`23`<br>|<br> <br>|<br>`69`<br>|
|`Reconciliationofnetmovementinfundstonetcashflowfromoperatingactivities`||||
||`2023`||`2022`|
||`£7000`||`£’000`|
|`Netexpenditurefortheyear(asperStatementofFinancial`|`(765)`||`(14,350)`|
|`Activities)`||||
|`Adjustmentfor:`||||
|`Depreciationcharges`|`1`||`1`|
|`(Gains)/lossesoninvestments`|`(3,482)`||`7,149`|
|`Dividends,interestandrentsfrominvestments`|`(1,318)`||`(1,276)`|
|`Programmerelatedinvestmentconvertedtogrant`|`1,500`||`-`|
|`Receiptfromprogrammerelatedinvestment`|`-`||`8`|
|`Decrease`<br>`/(increase)`<br>`indebtors`|`72`||`(10)`|
|`(Decrease)/increaseincreditors`|`(2,003)`||`4,208`|
|`Netcash usedinoperatingactivities`|<br>`(5,995)`<br>|<br> <br>|<br>`(4,270)`<br>|





|||`2023`|`2022`|
|---|---|---|---|
|||`£°000`|`£'000`|
|`Cash`|`inhand`|`1,693`|`1,179`|
|`Cash`|`balancesheldininvestments(note9)`|`15,160`|`6,902`|
|||<br>`16,853`<br>|<br>`8,081`<br>|