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