| Page | |||
|---|---|---|---|
| Reference and Administrative Details ofthe Charity, |
its Trustees and Advisers | ||
| Trustees' Report |
2-4 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | ||
| Balance Sheet | 7-8 | ||
| Notes to the Financial Statements | 9-22 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | DETAILS | DETAILS | DETAILS | OF THE CHARITY, ITSTRUSTEES AND ADVISERS | OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 30SEPTEMBER2022 | ||||||||
| Trustees | Philippa Strauss, | Chairman | ||||||
| Stephen Spitz, |
Chairman | (resigned 4 October 2022) | ||||||
| Adam Rose, Hon | Secretary | |||||||
| Philip Goldstein, | Treasurer | (resigned 6 October 2022) | ||||||
| Lea Helman | ||||||||
| Joshua Marks (appointed | 22 September 2022) | |||||||
| Jonathon, Lord |
Morris of Kenwood (resigned 24 February 2022) |
|||||||
| Robin Moss (appointed | 24 | February 2022) | ||||||
| Oliver Swerdlow | (resigned | 17August 2022) | ||||||
| Joseph Woolf | ||||||||
| Company | registered | |||||||
| number | 00329379 | |||||||
| Charity registered | ||||||||
| number | 251902 | |||||||
| Registered | office | 35 Ballards Lane | ||||||
| London | ||||||||
| N3 1XW | ||||||||
| Company | secretary | Julia Samuel | ||||||
| Independent | Examiner | lan Saunderson | FCA | |||||
| BKLAudit LLP | ||||||||
| 35 Ballards Lane | ||||||||
| London | ||||||||
| N3 1XW | ||||||||
| Bankers | CAF Bank Ltd | |||||||
| 25 Kings Hill Avenue |
||||||||
| Kings Hill |
||||||||
| West Mailing | ||||||||
| Kent | ||||||||
| ME194JQ | ||||||||
| HSBC | ||||||||
| 60 Queen Victoria Street | ||||||||
| London | ||||||||
| EC4N 4TR | ||||||||
| Advisory | Board | All trustees (as | listed above) |
| Unrestricted | Total | Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||||||
| 2022 | 2022 | 2021 | |||||||||
| Note | |||||||||||
| Income from: | |||||||||||
| Investments | 58,929 | 58,929 | 60,151 | ||||||||
| Other income | 2,938 | 2,938 | 14,899 | ||||||||
| Total income | 61,867 | 61,867 | 75,050 | ||||||||
| Expenditure on: |
|||||||||||
| Raising funds - | investment | management | fees | 13,394 | 13,394 | 11,900 | |||||
| Charitable activities |
208,534 | 208,534 | 110,623 | ||||||||
| Total expenditure | 221,928 | 221,928 | 122,523 | ||||||||
| Net expenditure | before net (losses)/gains | on | |||||||||
| investments | (160,061) | (160,061) | (47,473) | ||||||||
| Net (losses)/gains | on investments | (119,156) | (119,156) | 230,474 | |||||||
| Net movement | in | funds before other | recognised | ||||||||
| gains | (279,217) | (279,217) | 183,001 | ||||||||
| Other recognised | gains: | ||||||||||
| Gains on revaluation | offixed assets | 400,000 | 400,000 | 317,349 | |||||||
| Net movement | in | funds | 120,783 | 120,783 | 500,350 | ||||||
| Reconciliation | of | funds: | |||||||||
| Total funds brought | forward | 3,522,876 | 3,522,876 | 3,022,526 | |||||||
| Net movement | in | funds | 120,783 | 120,783 | 500,350 | ||||||
| Total funds carried forward | 3,643,659 | 3,643,659 | 3,522,876 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 10 | 1,650,000 | 1,250,000 | |||
| Investments | 12 | 1,566,477 | 1,875,350 | |||
| Investment property |
11 | 395,000 | 368,352 | |||
| 3,611,477 | 3,493,702 | |||||
| Current assets | ||||||
| Debtors | 13 | 802 | 713 | |||
| Cash at bank and | in hand | 41,393 | 36,655 | |||
| 42,195 | 37,368 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 14 | (10,013) | (8,194) | |||
| Net current assets | 32,182 | 29,174 | ||||
| Total assets less | current liabilities | 3,643,659 | 3,522,876 | |||
| Total net assets | 3,643,659 | 3,522,876 | ||||
| Charity funds | ||||||
| Unrestricted funds |
15 | 3,643,659 | 3,522,876 | |||
| Total funds | 3,643,659 | 3,522,876 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| Rental income | 17,877 | 17,877 | |
| Dividends | received | 36,029 | 36,029 |
| Interest received | 5,023 | 5,023 | |
| 58,929 | 58,929 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| Rental income | 16,900 | 16,900 | |
| Dividends | received | 38,553 | 38,553 |
| Interest received | 4,698 | 4,698 | |
| 60,151 | 60,151 |
| Other | exceptional | income |
|---|---|---|
| Other | exceptional | income |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2022f | 2022 f. |
| 2,938 | 2,938 |
| Unrestricted | Total |
| funds | funds |
| 2021 | 2021 |
| 14,899 | 14,899 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022f | 2022 f. |
|||
| Investment | management | fees | 13,394 | 13,394 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2021 | 2021 |
| 11,900 | 11,900 |
| Grants to | Total | ||||||
|---|---|---|---|---|---|---|---|
| Institutions | funds | ||||||
| 2022 | 2022 | ||||||
| f. | f. | ||||||
| Grants | paid | to | educate and advance | religion | 27,500 | 27,500 | |
| Grants | paid | for | recreation | and leisure | 67,750 | 67,750 | |
| Grants | paid | for | the relief | of poverty | 18,500 | 18,500 | |
| 113,750 | 113,750 | ||||||
| Grants to | Total | ||||||
| Institutions | funds | ||||||
| 2021 | 2021 | ||||||
| Grants | paid | to | educate and advance | religion | 8,000 | 8,000 | |
| Grants | paid | for | recreation | and leisure | 61,500 | 61,500 | |
| Grants | paid | for | the relief | of poverty | 5,000 | 5,000 | |
| 74,500 | 74,500 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| March of | the | Living | UK | 5,000 | |
| Leeds Judean | (The | Zone) | 4,000 | ||
| University | ofJewish | Chaplaincy | 10,000 | 4,000 | |
| Union of | Jewish Students | 12,500 | |||
| 27,500 | 8,000 |
| 2022f | 2021 | ||
|---|---|---|---|
| BBYO | 6,500 | 8,000 | |
| Camp Simcha | 5,000 | 4,000 | |
| Edgware | 11th Jewish Scouts | 1,500 | |
| EAYC | 1,000 | ||
| Friendship | Circle | 4,000 | 4,000 |
| Friends of Bnei Akiva | 10,500 | 11,000 | |
| FZY | 7,500 | 5,000 | |
| Habonim | Dror | 3,500 | 5,000 |
| Jewish Music Institute | 2,000 | ||
| JLGB | 4,000 | 4,000 | |
| Liberal Judaism | 2,000 | 5,000 | |
| Maccabi GB | 8,000 | 3,500 | |
| Movement | for Reform Judaism | 4,000 | 5,000 |
| Noam | 6,000 | 7,000 | |
| Project Impact | 1,250 | ||
| TAL | 1,000 | ||
| 67,750 | 61,500 |
| 2022 | 2021 | ||
|---|---|---|---|
| Bikkur Cholim D'Satmar | 2,500 | ||
| Chaverim | 2,000 | ||
| Keren | 5,000 | ||
| Lubavitch | of Edgware | 2,500 | |
| Norwood | (Unity) | 2,500 | |
| Side by Side (Children) | 3,500 | ||
| SPYP | 2,500 | 1,500 | |
| Sunbeams | 1,500 | ||
| 18,500 | 5,000 |
| Grant | ||||||
|---|---|---|---|---|---|---|
| funding of |
Support | Total | ||||
| activities | costs | funds | ||||
| 2022 | 2022 | 2022 | ||||
| f. | f. | f. | ||||
| Support | costs | 94,784 | 94,784 | |||
| Grants | paid to educate and advance | religion | 27,500 | 27,500 | ||
| Grants | paid for recreation | and leisure | 67,750 | 67,750 | ||
| Grants | paid for the relief | of poverty | 18,500 | 18,500 | ||
| 113,750 | 94,784 | 208,534 |
| Analysi | s ofexpenditure | by activitie | s (continued) | |||
|---|---|---|---|---|---|---|
| Grant | ||||||
| funding of |
Support | Total | ||||
| activities | costs | funds | ||||
| 2021 | 2021 | 2021 | ||||
| Support | costs | 36,123 | 36,123 | |||
| Grants | paid to educate and advance | religion | 8,000 | 8,000 | ||
| Grants | paid for recreation | and leisure | 61,500 | 61,500 | ||
| Grants | paid for the relief | of poverty | 5,000 | 5,000 | ||
| 74,500 | 36,123 | 110,623 |
| Support | Total | ||
|---|---|---|---|
| Costs | funds | ||
| 2022 | 2022 | ||
| Wages, salaries and pension costs | 17,702 | 17,702 | |
| Accounting | fees | 7,118 | 7,118 |
| Sundry costs | 1,279 | 1,279 | |
| Bank charges | 90 | 90 | |
| Insurance | 713 | 713 | |
| Property costs | 53,019 | 53,019 | |
| ITcosts | 1,062 | 1,062 | |
| Governance | costs | 13,801 | 13,801 |
| 94,784 | 94,784 |
| Analysis o | fsupport cos | ts (continued) | ||
|---|---|---|---|---|
| Support | Total | |||
| Costs | funds | |||
| 2021 | 2021 | |||
| Wages, salaries and pension costs | 13,851 | 13,851 | ||
| Accounting | fees | 4,140 | 4,140 | |
| Sundry costs | 141 | 141 | ||
| Bank charges | 201 | 201 | ||
| Insurance | 868 | 868 | ||
| Property costs | 4,221 | 4,221 | ||
| ITcosts | 2,234 | 2,234 | ||
| Governance | costs | 10,467 | 10,467 | |
| 36,123 | 36,123 | |||
| Analysis ofgovernance | costs | |||
| 2022 | 2021 | |||
| Independent | Examination | fee | 1,620 | 1,560 |
| Wages, salaries and pension costs | 8,847 | 9,700 | ||
| 10,467 | 11,260 |
| E1,560), an accounting fee ofE2,376(2021 - E2,16 Staff costs |
0)and other fees of F4,742 (2021 - E1,980) | . |
|---|---|---|
| 2022f | 2021 | |
| Wages and salaries | 28,396 | 22,118 |
| Other pension costs | 664 | 580 |
| 29,060 | 22,698 |
| Freehold | Office | ||
|---|---|---|---|
| property | equipment | Total | |
| Cost or valuation | |||
| At 1 October 2021 | 1,250,000 | 822 | 1,250,822 |
| Disposals | (822) | (822) | |
| Revaluations | 400,000 | 400,000 | |
| At 30September 2022 | 1,650,000 | 1,650,000 | |
| At 1 October 2021 | 822 | 822 | |
| On disposals | (822) | (822) | |
| At 30September 2022 | |||
| Net book value | |||
| At 30September 2022 | 1,650,000 | 1,650,000 | |
| At 30September 2021 | 1,250,000 | 1,250,000 |
| 2022 | 2021 | ||
|---|---|---|---|
| Freehold | property | 835,339 | 883,995 |
| Long term | ||
|---|---|---|
| leasehold | ||
| investment | ||
| property | ||
| f. | ||
| Valuation | ||
| At 1 October 2021 | 368,352 | |
| Surplus | on revaluation | 26,648 |
| At 30September 2022 | 395,000 |
| Cash held in | |||||
|---|---|---|---|---|---|
| Listed | investment | ||||
| investments | portfolio | Total | |||
| Cost or valuation | |||||
| At 1 October 2021 | 1,819,167 | 56,183 | 1,875,350 | ||
| Additions | 207,625 | 383,781 | 591,406 | ||
| Disposals | (383,781) | (370,694) | (754,475) | ||
| Revaluations | (145,804) | (145,804) | |||
| At 30September 2022 | 1,497,207 | 69,270 | 1,566,477 | ||
| Net book value | |||||
| At 30September 2022 | 1,497,207 | 69,270 | 1,566,477 | ||
| At 30September 2021 | 1,819,167 | 56,183 | 1,875,350 | ||
| 13. | Debtors | ||||
| 2022 | 2021 | ||||
| Due within one year | |||||
| Prepayments and accrued income |
802 | 713 | |||
| 802 | 713 | ||||
| 14. | Creditors: Amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| f. | |||||
| Accruals and deferred | income | 9,013 | 8,194 | ||
| Grant creditors | 1,000 | ||||
| 10,013 | 8,194 |
| Statement o | ffunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 30 | |||||
| October | Gains/ | September | ||||
| 2021 | Income | Expenditure | (Losses) | 2022 | ||
| Unrestricted | funds | |||||
| Reserves | 3,522,876 | 61,867 | (221,928) | 280,844 | 3,643,659 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 30 | |||||
| 1 October | Gains/ | September | ||||
| 2020 | Income | Expenditure | (Losses) | 2021 | ||
| Unrestricted | funds | |||||
| Reserves | 3,022,526 | 75,050 | (122,523) | 547,823 | 3,522,876 |
| Analysis | of net assets between funds - current ye | ar | |
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2022 | 2022 | ||
| f. | f. | ||
| Tangible | fixed assets | 1,650,000 | 1,650,000 |
| Fixed asset investments | 1,566,477 | 1,566,477 | |
| Investment property |
395,000 | 395,000 | |
| Current | assets | 42,195 | 42,195 |
| Creditors | due within one year | (10,013) | (10,013) |
| Total | 3,643,659 | 3,643,659 |
| Analysis Analysis |
of net assets between funds (continued) ofnet assets between funds - prior year |
||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| Tangible | fixed assets | 1,250,000 | 1,250,000 |
| Fixed asset investments | 1,875,350 | 1,875,350 | |
| Investment property |
368,352 | 368,352 | |
| Current | assets | 37,368 | 37,368 |
| Creditors | due within one year | (8,194) | (8,194) |
| Tl | 3,522,876 | 3,522,876 |