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2023-03-31-accounts

PAGE
Trustees' annual report (incorporating the director's report)
Independent
examiner's		 report to the trustees
Statement offinancial activities (including income and expenditure
account)
Statement offinancial position
Notes to the financial statements

2023 2023 2022
Unrestricted
funds Total funds Total funds
Note 8
Income and endowments
Donations
and legacies		 5 282,600 282,600 335,300
Investment
income		 6 15,228 15,228 16,081
Total income 297,828 297,828 351,381
Expenditure
Expenditure
on charitable		 activities 7,8 (212,865) (212,865) (163,426)
Total expenditure (212,865) (212,865) (163,426)
Net losses on investments 10 (93,717) (93,717) (187,606)
Net (expenditure)/income and net movement in funds (8,754) (8,754) 349
Reconciliation
offunds
Total funds brought
forward		 3,247,127 3,247,127 3,246,778
Total funds carried forward 3,238,373 3,238,373 3,247,127

31MARCH 2023 31MARCH 2023
2023 2022
Note
FIXEDASSETS
Inves tmen(s 14 2,650,353 2,747,166
CURRENT ASSETS
Debtors 16 20,000
Cash at bank and in hand 577,140 504,521
597,140 504,521
CREDITORS: amounts falling due
within one year 17 (9,120) (4,560)
NET CURRENT ASSETS 588,020 499,961
TOTAL ASSETSLESS CURRENT
LIABILITIES 3838,373 3,247,127
FUNDS OF THE CHARITY
Unrestricted
funds		 3438,373 3,247,127
Total charity funds 18 3,238)373 3,247,127

DONATIONS
AND LEG		 ACIES
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
DONATIONS
Donations 282,600 282,600 335,300 335,300

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Bank interest received 852 852 29 29
Interest on fixed asset investments 4,093 4,093 4,896 4,896
Dividends received on fixed asset
investments 10,283 10,283 11,156 11,156
15,228 15,228 16,081 16,081

EXPEND ITURE ON CHA RITABLE ACTIVITIE S BYFUND T YPE
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Donations
paid
Support costs		 189,063
23,802		 189,063
23,802		 142,307
21,119		 142,307
21,119
212,865 212,865 163,426 163,426

Grant funding Total funds Total fund
ofactivities
f		 Support costs 2023
f		 2022
Donations
Governance		 paid
costs		 189,063 23,802 189)063
23,802		 142,307
21,119
189,063 23,802 212,865 163,426
9. ANALYSIS OF GRANTS
2023 2022
f
GRANTS TO INSTITUTIONS
Support of education and relief ofpoverty 189,063 142,307
Total grants 189,063 142,307

Achisomoch
Aid Company
Amud Hatzdokoh
Trust		 Ltd 4,000
1,000
BaerHatora Ltd 4,500
Beis Kosov 1,000
Beis Yaakov Primary School Foundation
Beth Jacob Grammar
School for Girls Ltd		 1,800
7,500
Bonei Diam Ltd 1,000
Chevras Mo'oz Ladol 10,200
Dushinsky
Trust Ltd
Friends ofBeis Chinuch Lebonos		 Trust 1,000
18,000
Friends ofBeis Soroh Schneirer 6,000
Friends ofToldos Avrohom Yitzchok 2,000
Friends ofWiznitz Ltd 1,000
Linas Hachesed 1,500
Mifal Hachesed Vehatzedokoh 2,800
One Heart - Lev Echod 10,000
Revach Vehazola Trust 2,500
Shir Chesed Beis Yisroel 2,500
Start Upright
String ofPearls
Talmud Torah Education Ltd		 5,300
1,000
7,500
Tchabe Kollel Ltd 2,500
The Beth Jacob Foundation 4,000
The Z.S.V.Trust 1,000
Toldos Yaakov Yosef Institutions Trust 1,000
Torah (5759)Ltd
United Talmudical
Associates Ltd		 2,000
8,900
WST Charity Ltd
Zaire Aguda
Sundry donations
less than		 5L000 individually 2,000
1,000
74,563
189,063

10. NET LOSS ES ON INVESTME NTS
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Gains/(losses) on revaluation
of		 listed
investments (37,975) (37,975) 20,002 20,002
Gains/(losses) on revaluation
of
investments in group undertakings (77,000) (77,000) (210,000) (210,000)
Gains/(losses) on disposal oflisted
investments 21,258 21,258 2,392 2,392
(93,717) (93,717) (187,606) (187,606)
11. INDEPENDENT EXAMINATION FEES
2023 2022
Fees payable
Independent		 to the independent
examiner for:
examination
ofthe financial
statements		 4,560 4,560

Shares in
Listed group
investments undertakings Total
Valuation
At 1 April 2022 1,149,166 1,598,000 2,747,166
Additions 270,807 270&807
Disposals (252,645) (252,645)
Fair value movements (37,975) (77,000) (114,975)
At 31March 2023 1,129,353 1,521,000 2,650,353
Impairment
At 1April 2022 and 31 March 2023
Carrying
amount
At 31March 2023		 1,129,353 1,521,000 2,650,353
At 31March 2022 1,149,166 1,598,000 2,747,166

Country of Percentage of
Company No. incorporation Class ofshare shares held
Subsidiary undertakings
Nirlake Investments Limited England
and
00714297 Wales Ordinary 100
follows:
Nirlake Investments
Limited
8
Fixed assets 1,157,403
Current assets 465,055
Current liabilities (43,489)
Provisions (58,000)
Net assets 1520969
Aggregate capital and reserves I)520,969
A summary

follows;		 of tur nover,
expen		 ditu re
and profit/(loss)
for		 the year ended 31Ma rch 2023 is as
Nirlake Investments
Limited
K
Turnover 130,596
Cost ofsales (24,135)
Administrative
expenses
Other operating
income
Profit on disposal of investment
property
Net valuation
gain on fixed asset investments
Net valuation
deficit on investment
property
Interest receivable
and similar income		 (18,251)
3,332
243,835
(22,761)
(160,000)
14,464
Tax 32,995
Profit for the year 200,075
16. DEBTORS
2023 2022
Other debtors 20,000

CRE DITORS: amounts
falling due within		 one year
2023 2022
Other creditors 9,120 4,560

Unrestri cted
funds
1 At
April 2022		 Income Expenditure Gains and
losses		 At 31
March 2023
General Funds 3,247, 127 297,828 (212,865) (93,717) 3&238,373
At Gains and At 3l
1 April 2021 Income
f		 Expenditure losses March 2022
General Funds 3,246,778 351,381 (l63,426) (187,606) 3,247.127

ANALYSIS OF N ET ASSETS BETWEEN F UNDS
Unrestricted Total Funds
Funds 2023
Investments 2,650,353 2,650,353
Current assets 597,140 597,140
Creditors
less than		 I year (9,120) (9,120)
Net assets 3,238,373 3,238,373
Unrestricted Total Funds
Funds 2022
f
Investments 2,747, 166 2,747, 166
Current
assets		 504,521 504,521
Creditors
less than		 1year (4,560) (4,560)
Net assets 3,247,127 3,247, 127

YEAR ENDED 31M
FINANCIAL INSTRUMENTS		 YEAR ENDED 31M
FINANCIAL INSTRUMENTS		 ARCH 20 23
The carrying
amount for each category offinancial		 instrument is as fogows:
2023		 2022
K f
Financial assets measured at fair value through income and expenditure
Financial assets measured at fair value through
income and
expenditure 2,650,353 2,747,166