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||||||PAGES|
|---|---|---|---|---|---|
|Trustees'|Annual
Report (Incorporating||the|Director's Report)|I to 4|
|Independent
Auditor's||Report to the Members|||5 to 10|
|Statement|ofFinancial|Activities including||Income and Expenditure||
|Account)||||||
|Statement|ofFinancial|Position|||12|
|Statement|ofCash Flows||||13|
|Notes to|the Financial|Statements|||14to 23|
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|||YEAR ENDE|D 31MAR|CH 2023|CH 2023||
|---|---|---|---|---|---|---|
|||||2023||2022|
|||||Unrestricted|||
|||||funds|Total funds|Total funds|
||||Note|f.||f|
|Income and endowments|||||||
|Investment
income|||5|1,715,186|1,715,186|1,591,373|
|Total income||||1,715,186|1,715,186|1,591,373|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Investment
management||costs|6|(425,895)|(425,895)|(336,064)|
|Expenditure
on charitable|activities||7,8|(3,179,162)|(3,179,162)|(1,927,553)|
|Total expenditure||||(3,605,057)|(3,605,057)|(2,263,617)|
|Net (losses)/gains
on investments|||11|(345,132)|(345,132)|686,054|
|Net (expenditure)/income||and net movement|in funds|(2,235,003)|(2,235,003)|13,8]0|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||30,531,906|30,531,906|30,518,096|
|Total funds carried forward||||28,296,903|28,296,903|30,531,906|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||ftotc|||f||
|FIXEDASSETS|||||||
|Investments||15||27,858,183||29,785,265|
|CURRENT ASSETS|||||||
|Debtors||16|470,308||769,398||
|Cash at bank and in hand|||373,593||327,036||
||||843,901||1,096,434||
|CREDITORS: amounts|falling due||||||
|within
one year||17|(405,181)||(349,793)||
|NET CURRENT ASSETS||||438,720||746,64]|
|TOTAL ASSETSLESS|CURRENT||||||
|LIABILITIES||||28,2964103||30,53],906|
|NET ASSETS||||28,296903||30,531,906|
|FUNDS OFTHE CHARITY|||||||
|Unrestricted
funds||||28,296,903||30,531,906|
|Total charity funds||19||28,296,903||30,531,906|
|DONATING|DONATING|CHARITY LIMITED|||
|---|---|---|---|---|
|COMPANY|LIMITED BYGUARANTEE||||
|STATEMENT OF CASH FLOWS|||||
|YEAR|ENDED 31MARCH 2023||||
||||2023|2022|
|CASH FLOWS FROM OPERATING|ACTIVITIES||||
|Net (expenditure)/income|||(2,235,003)|13,810|
|Ad/ usnnenrs for:|||||
|Net (losses)/gains
on investments|||345,132|(686,054)|
|Dividends,
interest
and rents from investments|||(1,657,278)|(1,559,953)|
|Other interest receivable
and similar income|||(57,908)|(31,543)|
|Accrued expenses|||1,920|1,200|
|Payments
for expenditure
on investment|properties||425,895|325,936|
|Interest payable
and similar charges||||10,128|
|Changesin:|||||
|Trade and other debtors|||189,941|(8,260)|
|Trade and other creditors|||7,521|(10,034)|
|Cash generated
from operations|||(2,979,780)|(1,944,770)|
|Net cash used in operating
activities|||(2,979,780)|(1,944,770)|
|CASH FLOWS FROM INVESTING|ACTIVITIES||||
|Dividends,
interest
and rents from investments|||1,802,138|1,748,345|
|Purchases of other investments||||(473,032)|
|Proceeds from sale of other investments|||1,623,947|871,096|
|Payments
for expenditure
on investment|properties||(425,895)|(325,936)|
|Change
in stockbroker
debtor|||10,236|(6,930)|
|Net cash from investing
activities|||3,010,426|1,813,543|
|CASH FLOWS FROM FINANCING|ACTIVITIES||||
|Interest paid||||(10,128)|
|Interest received|||15,911|10,077|
|Net cash from/(used
in) financing
activities|||15,911|(5])|
|NET INCREASE/(DECREASE)
IN CASH||AND CASH|||
|EQUIVALENTS|||46,557|(131,278)|
|CASH AND CASH EQUIVALENTS|AT BEGINNING OF YEAR||327,036|458,314|
|CASH AND CASH EQUIVALENTS|AT END OFYEAR||373,593|327,036|
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|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds
f.|2023|Funds
f|2022|
|Propeny
Income|revenue
from UK listed investments|1,623,514
20,935|1,623,514
20,935|1,534,737
6,747|1,534,737
6,747|
|Income|from other investments|12,829|12,829|]8,346|18,346|
|Interest|receivable|57,908|57,908|31,543|31,543|
|||1,715,186|1,715,]86|1,591,373|1,591,373|
|INVESTMENT MANAGEMENT||COSTS||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds
f|2023
f|Funds
f|2022
f|
|interest
Property|payable
expenses|425,895|425,895|10,128
325,936|10,)28
325,936|
|||425,895|425,895|336,064|336,064|
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|7.|EXPENDI|TURE ON CHARITABLE|ACTIVITIES|BYFUND T|BYFUND T|YPE||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds||Unrestricted|Total Funds|
||||Funds||2023|Funds|2022|
||||f||f|f.|f|
||Donations
paid
Support costs||3,151,733
27,429||3,151,733
27,429|1,908,183
]9,370|1,908,183
19,370|
||||3,179,162||3,179,162|1,927,553|1,927,553|
|8.|EXPENDITURE ON CHARITABLE||ACTIVITIES||BYACTIVITY TYPE|||
||||Grant funding|||Total funds|Total fund|
||||of activities|Support costs||2023|2022
f|
||Donations
Governance|paid
costs|3,151,733||27,429|3,151,733
27,429|1,908,183
19,370|
||||3,151,733||27,429|3,179,162|1,927,553|
|9.|ANALYSIS OFSUPPORT COSTS|||||||
||||||Donations|||
||||||paid|Total 2023
f|Total 2022
f|
||Governance|costs|||27,429|27,429|19,370|
|10.|ANALYSIS OF GRANTS|||||||
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|education,
advancement
ofthe Je|wish religion or the relief of poverty.||
|---|---|---|
|Achisomoch
Aid Company
Ahavat Yisroel UK||99,000
771,800|
|AJJDC UK Trust||79,170|
|The British Friends of Jerusalem|College ofTechnology|42,300|
|British Friends of Return/Shuvu||153,500|
|Chevras Mo'oz Ladol||106,300|
|Farmwood
Charitable
Foundation||420,000|
|KKL Charity Accounts
The Marque Foundation
Rabbi Sacks Legacy Trust
Tikva UK||870,200
189,941
50,000
284,072|
|Yeshivas
Ohel Shimon Trust||32,000|
|Other Donations||53,450|
|||3,151,733|
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|NET (LOS|SE|Sl/GAINS
ON INVEST|MENTS||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||f|f|f|f|
|Realised gains||/ (losses) on investment|||||
|propenies|||||13,320|13,320|
|Realised gains||/(losses) on listed|||||
|investments|||77,075|77,075|||
|Unrealised|gains
/ (losses) on listed||||||
|investments|||(464,319)|(464,319)|637,939|637,939|
|Gains/(losses)||on other investment|||||
|assets|||42,112|42,112|34,795|34,795|
||||(345,132)|(345,132)|686,054|686,054|
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||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f|f|
|Fees|payable|for|the|audit|of|the|financial|statements|13,920|12,000|
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|YEAR END
INVESTMENTS|ED 31MARC|H 2023|||
|---|---|---|---|---|
||Listed|Investment|Other||
||investments
f|properties
f.|mvestments
f|Total
f|
|Valuation|||||
|At
1 April 2022
Additions|4,374,785|24,400,000|1,010,479
34,386|29,785,264
34,386|
|Disposals
Fair value movements|(1,382,751)
(464,319)||(198,506)
84,109|(1,581,257)
(380,210)|
|At 31March 2023|2,527,715|24,400,000|930,468|27,858,183|
|Impairment|||||
|At I April 2022 and 31 March 2023|||||
|Carrying
amount
At 31March 2023|2,527,715|24,400,000|930,468|27,858,183|
|At 31 March 2022|4,374,785|24,400,000|1,010,479|29,785,264|
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|||2023|2022|
|---|---|---|---|
|Trade|debtors|464,615|563,528|
|Other|debtors|5,693|205,870|
|||470,308|769,398|
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|17.|CREDITORS: a|mounts
falling due within
one ye|ar||
|---|---|---|---|---|
||||2023|2022|
||Accruals
and deferred
income||338,943|292,996|
||Social security
and other taxes
Other creditors||52,318
13,920|43,086
13,711|
||||405,181|349,793|
|18.|DEFERRED IN|COME|||
||||2023|2022|
||At
1 April 2022
Amount
released|to income|292,996
(292,996)|315,949
(315,949)|
||Amount
deferred|in year|338,943|292,996|
||At 31March 2023||338,943|292,996|
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
||||At|||Gains and 31March 20||
|||1|April 2022
f|Income
f|Expenditure|losses
f|23
f.|
|General|funds||30,531,906|1,7]5,186|(3,605,057)|(345,132)|28,296,903|
||||||||At|
||||At|||Gains and 31|March 202|
|||1|April 2021|Income
f|Expenditure|losses
f|2
f.|
|General|funds||30,518,096|1,591,373|(2,263,617)|686,054|30,531,906|
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||||||||||||||Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||Funds|2023|
||||||||||||||f|f|
||Investments||||||||||||27,858,183|27,858,183|
||Current
assets||||||||||||843,901|843,901|
||Creditors|less|than|1|year||||||||(405,181)|(405,181)|
||Net assets||||||||||||28,296,903|28,296,903|
||||||||||||||Unrestricted|Total Funds|
||||||||||||||Funds|2022|
||||||||||||||f.|f|
||Investments||||||||||||29,785,265|29,785,265|
||Current
assets||||||||||||1,096,434|1,096,434|
||Creditors|less|than|1|year||||||||(349,793)|(349,793)|
||Net assets||||||||||||30,531,906|30,531,906|
|21.|FINANCIAL||INSTRUMENTS||||||||||||
||The carrying||amount||for each|category nf||financial||instrument||is as follows:|||
||||||||||||||2023|2022|
||||||||||||||f||
||Financial|assets that are debt instruments|||||||measured||st smortised||cost||
||Financial|assets that|||are debt instruments|||measured||at|amonised||||
||cost||||||||||||470,308|769,398|
||Financial|liabilities|||measured||st amortlsed||cost||||||
||Financial|liabilities||measured||at|amortised|cost|||||405,181|349,793|
|22.|ANALYSIS OFCHANGES|||||IN NET DEBT|||||||||
|||||||||||||||At|
||||||||||||At|||31March 20|
||||||||||||I April|2022
f|Cash flows
f|23|
||Cash at bank||and in||hand||||||327,036||46,557|373,593|
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|as follows|:||||
|---|---|---|---|---|
||||2023|2022|
|Not later|than|1 year|1,375,500|1,392,626|
|Later than|1 year and not later than 5 years||2,064,000|2,590,848|
||||3,439,500|3,983,474|
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