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||||Page||
|---|---|---|---|---|
|Report oftheTrustees||1|to|4|
|Report ofthe Independent|Auditors|5|to|7|
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Notes to the Finandal Statements||10|to|15|





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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||funds|funds|
|||||Notes||6|
|INCOME|AND ENDOWMENTS||FROM||||
|Investment|income||||263,818|334,551|
|EXPENDITURE ON|||||||
|Raising funds|||||12,281|34,801|
|Charitable|activities||||||
|Donations|||||287,001|252,000|
|Other|||||3,432|3,458|
|Total|||||302,714|290,259|
|NET INCOME/(EXPENDITURE)|||||(38,896)|44,292|
|RECONCILIATION||OF FUNDS|||||
|Total funds|brought|forward|||5,876,877|5,832,585|
|TOTAL FUNDS CARRIED FORWARD|||||5,837,981|5,876,877|





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|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
||Notes|6|6|
|FIXEDASSETS||||
|Investments||||
|Investments|12|108|108|
|Investment<br>property|13|5,470,000|5,470,000|
|||5,470,108|5,470,108|
|CURRENT ASSETS||||
|Debtors|14|70,797|51,201|
|Cash at bank||358,563|400,273|
|||429,360|451,474|
|CREDITORS||||
|Amounts<br>falling due within one year|15|(61,487)|(44,705)|
|NET CURRENT ASSETS||367,873|406,769|
|TOTAL ASSETS LESSCURRENT LIABILITIES||5,837,981|5,876,877|
|NET ASSETS||5,837,981|5,876,877|
|FUNDS|16|||
|Unrestricted<br>funds||5,837,981|5,876,877|
|TOTAL FUNDS||5~837~981|5,876,877|





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|INVESTMENT INCOM|E||||
|---|---|---|---|---|
||||2023I|2022I|
|Rents receivable|||250,380|326,209|
|Shares in group undertakings|||11,851|8,321|
|Bank interest<br>receivable|||1,587|21|
||||263,818|334,551|
|RAISING FUNDS|||||
|Investment<br>management||costs|||
||||2023I|2022I|
|Ground<br>rent and service charges|||163|8,421|
|Property<br>Insurance|||829|2,967|
|Property<br>repairs and maintenance|||10,743|15,996|
|Legal and professional|fees||546|7,417|
||||12,281|34,801|





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|||||||||Grant|
|---|---|---|---|---|---|---|---|---|
|||||||||funding<br>of|
|||||||||activities|
|||||||||(see note|
|||||||||6)I|
|Donations||||||||287,001|
|GRANTS|PAYABLE||||||||
||||||||2023|2022I|
|Donations|||||||287,001|252,000|
|The total|grants|paid to Institubons|||during|the year was as follows:|||
||||||||2023I|2022I|
|Three Pillars|||||||20,000|10,000|
|Friends ofYeshivas|||Brisk||||10,000|10,000|
|Yeshlvat|Bnei Ream||||||6,501||
|YAMF|||||||500||
|Achlsomosch|||||||230,000|227,000|
|Yesodel Hatorah||Schools||||||5,000|
|VHLT Lt'(I|||||||20,000||
||||||||287,001|252,000|
|SUPPORT COSTS|||||||||
|||||||||Governance|
|||||||||cosl's|
|||||||||I|
|Other resources||expended||||||3,432|
|NET INCOME/(EXPENDITURE)|||||||||
|Net income/(expenditure)||||is stated|alter charging/(crediting):||||
||||||||2023<br>6|2022I|
|Auditors'|remuneration||||||3,300|3,300|



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||||||||Unrestricted|
|---|---|---|---|---|---|---|---|
||||||||fundsI|
|INCOME AND ENDOWMENTS||FROM||||||
|investment<br>income|||||||334,551|
|EXPENDITURE ON||||||||
|Raising funds|||||||34,801|
|Charitable<br>activities||||||||
|Donations|||||||252,000|
|Other|||||||3,458|
|Total|||||||290,259|
|NET INCOME|||||||44,292|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward||||||5,832,585|
|TOTAL FUNDS CARRIED FORWARD|||||||5,876,877|
|FIXEDASSET INVESTMENTS||||||||
||||Shares||in|||
||||gl'oup|||Unlisted||
||||undertatlngs<br>I|||investments<br>I|Totals<br>I|
|COST/VALUATION||||||||
|At 1 April 2022 and|31 March 2023|||100|||108|
|NET BOOK VALUE||||||||
|At 31 March 2023|||||||108|
|At 31 March 2022|||||||108|



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|COST/VALUATION||
|---|---|
|At 1 April 2022||
|and 31 March 2023|5,470,000|
|NET BOOK VALUE||
|At 31 March 2023|5,470,000|
|At 31 March 2022|5,470,000|



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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||||||||||6|
||Amounts|owed||by group|undertakings|||27,913|21,062|
||Other debtors|||||||41,746|28,678|
||Prepayments||and accrued income|||||1,138|1,461|
|||||||||70,797|51,201|
|15.|CREDITORS:|||AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
|||||||||2023<br>I|2022I|
||Deferred|income||||||58,187|41,405|
||Accrued|expenses||||||3,300|3,300|
|||||||||61,487|44,705|
|16.|MOVEMENT||IN FUNDS|||||||
|||||||||Net||
|||||||||movement|At'|
||||||||At 1.4.22|in funds|31.3.23|
||||||||I|I|I|
||Unrestricted|||funds||||||
||General|fund|||||5,876,877|(38,896)|5,837,981|
||TOTAL|FUNDS|||||5,876,877|(38,896)|5~837~981|
||Net movement|||in funds,|Included|In the above are as follows:||||
||||||||incoming|Resources|Movement|
||||||||resour'ces<br>I|expended<br>6|In funds<br>I|
||Unrestricted|||funds||||||
||General|fund|||||263,818|(302,714)|(38,896)|
||TOTALFUNDS||||||263,818|(302,714)|(38,896)|





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|Compa|rative|s<br>for movem|ent<br>in f|unds||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At'|
||||||At 1.4.21|in funds|31.3.22|
||||||I|I|I|
|Unrestricted||funds||||||
|General|fund||||5,832,585|44,292|5,876,877|
|TOTAL|FUNDS||||5~832g585|44,292|5,876,877|
|Comparative||net movement|in funds,|Included|in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources<br>I|expended<br>I|In funds<br>I|
|Unrestricted||funds||||||
|General|fund||||334,551|(290,259)|44,292|
|TOTAL|FUNDS||||334,551|(290,259)|4-'l,292|



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