| PAGES | ||||
|---|---|---|---|---|
| Trustees' | Annual Report (Incorporating |
the | Director's Report) | 1to3 |
| Independent Examiner's Report to the |
Trustees | |||
| Statement | ofFinancial Activities (Including | Income and Expenditure | ||
| Account) | ||||
| Statement | ofFinancial Position | |||
| Notes to | the Financial Statements | 7to 13 |
| Year ended | 31March | 2021 | 2021 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | 8 | |||||
| Income and endowmeats | ||||||
| Donations aud legacies investment income |
5 6 |
86,100 7 |
86,100 7 |
122,100 37 |
||
| Total income | 86,107 | 86,107 | 122,137 | |||
| Expenditure Expenditure on charitable activities |
78 | (91481) | (91481) | (143,706) | ||
| Total expenditure | (91,481) | (919481) | (143,706) | |||
| Net gains on investments | 10 | 150,000 | 150,000 | 50,000 | ||
| Net iacome and net | movement | in funds | 144,626 | 144,626 | 28,431 | |
| Reconciliation offunds | ||||||
| Total funds brought | forward | 1,863,442 | 1,863,442 | 1,835,011 | ||
| Total funds carried | forward | 2,008,068 | 2,008,068 | 1,863,442 |
| 31 | March 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 2021 | 2020 f |
||||
| Fixed assets | ||||||
| Investments | 14 | 2,000,000 | I,850,000 | |||
| Current assets | ||||||
| Cash at bank and in hand | 12,628 | 15,602 | ||||
| Creditors: amounts | falling due | |||||
| within one year | 15 | (4+60) | (2,160) | |||
| Net current assets | 8,068 | 13,442 | ||||
| Total assets less current liabilities | 2,008,068 | 1,863,442 | ||||
| Net assets | 2,008,068 | 1,863,442 | ||||
| Funds ofthe charity Unrestricted funds |
2,008,068 | 1,863,442 | ||||
| Total charity funds | 16 | 2,008,068 | 1,863,442 |
| 5. | Donations | and legacies | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2021 | Funds | 2020 | |||
| f | 6 | f | f | |||
| Donations | ||||||
| Donations | received | 86,100 | 86,100 | 122,100 | 122,100 | |
| 6. | Investment | iacome | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2021 6 |
Funds f |
2020 f |
|||
| Bank interest receivable | 7 | 7 | 37 | 37 |
| Expenditur | e on charitable |
activities by fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| f. | |||||
| Donations paid Support costs |
88,790 2,691 |
88,790 2,691 |
141,030 2,676 |
141,030 2,676 |
|
| 91,481 | 91,481 | 143,706 | 143,706 |
| Expenditure on charitable acti |
vities by activity typ | e | ||
|---|---|---|---|---|
| Grant | ||||
| funding of | Total fuade | Total fund | ||
| activities K |
Support costs E |
2021 f |
2020 | |
| Donations paid Governance costs |
88,790 | 2,691 | 88,790 2,691 |
141,030 2,676 |
| 88,790 | 2691 | 91,481 | 143,706 | |
| Analysis ofgrants | ||||
| 2021 | 2020 | |||
| Grants to institutions | ||||
| Grants to institutions | 88,790 | 141,030 | ||
| Total tpants | 88,790 | 141,030 |
| Friends ofBidah Chareidis Orthodox Council ofJerusalem |
10,000 |
|---|---|
| Friends ofMercaz Hatorah Belz Macnivka | 7,000 |
| Friends ofMosdos Torah Veyirah Mesilla Talmudical College Rays ofHope Other donations less that f3,000 |
30,000 3400 3,800 34,690 |
| 88,790 |
| Net gains on | investments | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds f |
2021 0 |
Funds E |
2020 f |
|||
| Gains on investments in group undertakings |
I50,000 | 150,000 | 50,000 | 50,000 | ||
| Independent | examination | fees | ||||
| 2021 | 2020 f |
|||||
| Fees payable Independent |
to the independent examination ofthe |
examiner for: financial statements |
2,400 | 2,460 |
| Investmeats | |
|---|---|
| Shares in | |
| groll p | |
| undertaking | |
| s | |
| Fair value | |
| At I April 2020 | 1850,000 |
| Additions | |
| Fair value movements | 150,000 |
| At31March 2021 | 2,000800 |
| Impairment At IApril 2020and 31 March 2021 |
|
| Carryiag amount At31IViarch 2021 |
2,000,000 |
| At 31 March 2020 | 1,050,000 |
| All investments shown above are held at valuation. |
| 2021 | 2020 f |
|||||||
|---|---|---|---|---|---|---|---|---|
| Accruals snd | deferred | income | 4460 | 2,160 | ||||
| 16. | Analysis of charitable | funds | ||||||
| Unrestricted | funds | |||||||
| At | Gains and | At31 | ||||||
| I April | 2020 f |
Income f |
Expenditure f |
losses f |
March 2021 | |||
| General funds | 1,863,442 | 86,107 | (9I,481) | 150,000 | 2,008)068 | |||
| At | Gains and | At 31 | ||||||
| I April | 20 I9 | income f, |
Expenditure f |
losses f |
March 2020 f |
|||
| General funds | 1,835,01 I | 122,I37 | (143,706) | 50,000 | 1,863,442 |
| 17. | Analysis ofnet ass | ets between funds | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | |||||
| Funds | 2021 | |||||
| f | B | |||||
| Tangible fixed assets Current assets |
2,000,000 12,62$ |
2,000,000 12,628 |
||||
| Creditors less than | 1 year | (4,560) | (4,560) | |||
| Net assets | 2,008,068 | 2,008,068 | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2020 | |||||
| 4 | ||||||
| Tangible fixed assets Current assets |
1,850,000 15,602 |
1,$50,000 15,602 |
||||
| Creditors less than | 1 year | (2,160) | (2,160) | |||
| Net assets | 1,$63,442 | 1,$63,442 | ||||
| 18. | Financial iastruments | |||||
| The carrying amount for each category offinancial | instrument | isas follows: 2021 |
2020 | |||
| Fiaancial assets measured at fair value through | income and | expenditure | ||||
| Financial assets measured at fair value through |
income and | |||||
| expenditure | 2,000,000 | 1,850,000 |