## ## ## |Contents||| |---|---|---| |||Page| |Charity
Information||| |Report of the Trustees.|.|2-4| |Independent
Examiner's|Report .|| |Statement
of Financial|Activities.|| |Balance Sheet ..||| |Notes to the Financial Statements||.8-15| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| ||||Note|E|| |Income from:|||||| |Investment
income||||122 349|11029| |Total income||||122,349|11,029| |Expenditure
on:|||||| |Investment
management||fees||109,917|94,942| |Charitable
activities||||336,783|81,088| |Foreign currency
exchange
aine
losses||||(201,204)|(64,024)| |Total expenditure||||245,496|112,006| |Net (expenditure)
recognised
gains|before other|||(123,147)|(100,977)| |Net
aine/
losses|on investments|||551 256|14269| |Net movement
in|funds|||(674,403)|(86,708)| |Fund balances
brou|ht forward|||5 404 631|5 491 339| |Fund balances carried forward|||9, 10|4,730,228|5,404,631| ## ## |Balance Sh|ee|t|as a|t 5|April|2023||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||Note|2023||2022|| ||||||||6||6|| |Fixed assets||||||||||| |Investments||||||||3,868,798||3,011,236| |Current assets||||||||||| |Debtors|||||||309,097||315,208|| |Cash at bank and||in|hand||||561 884||2 089 951|| ||||||||870,981||2,405,159|| |Creditors||||||||||| |Amounts
fallin|due||within|one|ear|8|9 551||11764|| |Net current assets||||||||861430||2 393395| |Net assets||||||||4,730,228||5,404,631| |Unrestricted|funds:|||||||||| |Capital funds||||||||||| |Endowment
funds||||||9,10||3,865,148||4,617,608| |Income funds||||||||||| |General
unrestricted|||funds|||910||865 080||787,023| |Total funds||||||9,10||4,730,228||5,404,631| ## ## ## ## ## ## ## ||||2023|2022| |---|---|---|---|---| |Investment|income||E|E| |Bank interest|receivable|—UK|63,846|43| |Bank interest|receivable|—Overseas|25,766|4,142| |Diwdends
received
—UK|||16,309|204| |Diwdends
received
—Overseas|||16428|6 640| ||||122,349|11,029| ## ||||2023|2022| |---|---|---|---|---| ||||E|| |Support
Grants|costs (note 3.1)
a able
note 3.2||36,351
300 432|54,787
26 301| ||||336,783|81,088| ## ## |Year ended|5 April 2023|Governance|Charitable|2023|Basis of| |---|---|---|---|---|---| |||costs|activities|Total|allocation| |||E|E||| |Accountancy|fees|11,770||11,770|Direct| |Administrative|fees||19,847|19,847|Direct| |Professional|fees||464|464|Direct| |Other costs|||4 270|4 270|Direct| |||11,770|24,581|36,351|| |Year end ed|5 April 2022|Governance|Charitable|2022|Basis of| |||costs|activities|Total|allocation| |||E|E|E|| |Accountancy|fees|5,154||5,154|Direct| |Administrative|fees||47,446|47,446|Direct| |Other costs|||2 187|2 187|Direct| |||5,154|49,633|54,787|| ## ## ## ## ||||2023f|2022
e| |---|---|---|---|---| |Grants toinstitutions
comprise:||||| |The Rifles|||5,000|| |Israel Friends of Beit Hatfutsot|Association||32,962|| |Royal Opera
House Coven Garden||Foundation|30,000|| |Molesey Boat Club|||13,000|| |Holon Theatre
Music & Dance|||29,686|| |The Rotary Club|||5,000|| |Yehoraz
Foundation|||16,512|| |The Olympic
Committee
of Israel|||32,971|| |Beit Hagefen|||42,897|| |The Israeli Opera Tel Aviv|||46,752|| |The Cameri Theatre ofTel Aviv|||32,442|| |Norwood
Ravenswood||||10,000| |Friends of Daniel for Rowing||||10,044| |On-Contemporary
Circus Creation||||5,044| |Other donations
indiwduall
less than F5 000 each|||13210|1 213| |Total grants|||300,432|26,301| |Balance committed
at the start|of the year|||| |Grants committed|||300,432|26,301| |Grants
aid
in the
ear|||300 432|26 301| |Balance committed
at the end ofthe year||||| ## ## ## ## |T|he charity
did not have any empl|he charity
did not have any empl|he charity
did not have any empl|oye|es
during
th|e y|ea|r or in|the previo|us
year.|| |---|---|---|---|---|---|---|---|---|---|---|---| |6|Fixed asset investments||||||||||| ||||||Unlisted|||||Other|| ||Year ended 5 April 2023||||equities
E||||Bonds
E|investments|2023
E| ||Brought forward
valuation||||||||6,037|3,005,199|3,011,236| ||Additions|||||||21,691,391||2,271,076|23,962,467| ||Disposals|||||||(20,756,158)||(2,068,257)|(22,824,415)| ||Realised
and unrealised
gains/(losses)||||||||(656)|(469,475)|(470,131)| ||Foreign exchange
ains
losses||||||||6,237|183,404|189,641| ||Carried forward|valuation||||||946,851||2,921,947|3,868,798| ||Historical cost|||||||935,475||2,931,815|3,867,290| ||||||Unlisted|||||Other|| ||Year ended 5 April 2022||||equities||||Bonds|investments|2022| |||||||E|||E|E|E| ||Brought forward
valuation
Additions||||4,046,008|||53,578
5,561||1,002,259
3,161,246|5,101,845
3,166,807| ||Disposals||||(4,046,008)|||(57,108)||(1,295,950)|(5,399,066)| ||Realised
and unrealised
gains/(losses)||||||||3,045|47,172|50,217| ||Foreign exchange
ains
losses||||||||961|90,472|91,433| ||Carried forward|valuation|||||||6,037|3,005,199|3,011,236| ||Historical cost||||||||243|2 728 996|2 729 239| |||||||||||Total|Total| ||Investments
held are analysed||||as follows:|||||2023|2022| |||||||||||E|E| ||Bonds —unitised|listed investment|||held at market||value|||246,851|6,037| ||Bonds - Multi class investments|||held at market||value||||700,000|| ||Other Investments|—Equities|held||at market value|||||2,353,422|1,983,890| ||Other Investments|—Commodities|||held at market||value|||407,670|541,521| ||Other Investments|—Multi class||investments
held|||at|market|value|160 855|479 788| |||||||||||3,868,798|3,011,236| ## ## ## |N|otes to the Financi|al Statements
for the year|ended 5 April 20|23| |---|---|---|---|---| |7|Debtors|||| ||||2023|2022| ||||E|E| ||Prepayments|||6,111| ||Other debtors||309,097|309,097| ||||309,097|315,208| |8|Creditors: amounts|falling due within one year||| ||||2023|2022| ||||E|E| ||Accruals||9,551|4,530| ||Other creditors|||7 234| ||||9,551|11,764| ## |St|ovem|ent
in|funds|||||| |---|---|---|---|---|---|---|---|---| ||||||||Other|| |Year ended|||||||recognised|| |5 April|2023|||Balance at|||gains/|Balance at| |||||6 April 2022|Income|Expenditure|(losses)|5 April 2023| ||||||E||E|E| |Endowment
fund
General
unrestricted|||fund|4,617,608
787 023|122 349|(201,204)
44 292|(551,256)|3,865,148
'865'080| |||||5,404,631|122,349|(245,496)|(551,256)|4,730,228| ||||||||Other|| |Year ended|||||||recognised|| |5 April|2022|||Balance at
6 April 2021|Income|Expenditure|gains/
(losses)|Balance at
5 April 2022| |||||||E|E|E| |Endowment||fund||4,617,608||||4,617,608| |General|unrestricted||fund|873 731|11029|112006|14269|787 023| |||||5,491,339|11,029|(112,006)|14,269|5,404,631| ## ## ## |||||||General||| |---|---|---|---|---|---|---|---|---| |As at 5|April 2023|||||unrestricted|Endowment|Total| |||||||fund|fund|2022| |||||||E|E|E| |Fixed asset investments|||||||3,868,798|3,868,798| |Current|assets|||||870,981|-|870,981| |Creditors:
amounts||fallin|due within|one|ear|5 901|3 650|9 551| |||||||865,080|3,865,148|4,730,228| |||||||General||| |||||||unrestricted|Endowment|Total| |As at 5|April 2022|||||fund|fund|2021| |||||||E|E|E| |Fixed asset investments|||||||3,011,236|3,011,236| |Current|assets|||||798,787|1,606,372|2,405,159| |Creditors:
amounts||fallin|due within|one|ear|11764|-|11764| |||||||787,023|4,617,608|5,404,631| ## ## ||||2023||2022|| |---|---|---|---|---|---|---| ||||E||E|| |Income||||||| |Dividends
Ik Interest received||||122,349||11,029| |Expenditure||||||| |Direct charitable|expenditure:|||||| |Charitable
donations|||300 432||26 301|| ||||300,432||26,301|| |Other expenditure:||||||| |Accountancy
fees|||11,770||5,154|| |Consultancy
fees
Administration
fees|||13,735
6,111||1B,143
29,303|| |General
expenses|||241||95|| |Bank charges|||4,030||2,092|| |Legal expenses|||464|||| |Investment
management||fees|109,917||94,942|| |Exchan e
sins|losses||201 204||64,024|| ||||(54,936)||85,705|| |||||(245,496)||(112,006)| |Net deficit for the year||||(123,147)||(100,977)|