2023-04-05-accounts

		Page
Reference and administrative	details
Report ofthe Trustees		2-4
independent Examiner's Report tothe Trustees		5
Statement offinancial activities
Balance sheet
Notes on financial statements		8-11

Charity Status	Charity Status	Registered in England	and Wales
Charity Number		266741
Address		40 Queen Anne Street
		London W1G 9EL
Trustees		I ady Ruth Kathryn Lipton
		Neil Winston Benson OBE
		Sir Stuart Anthony Lipton
Bankers		Coutts &Co
		440 Strand
		London WC2R OQS
Accountants		Lewis Golden LLP
		Chartered Accountants
		40 Queen Anne Street
		London W1G 9EL
Independent	Examiner	Caroline Peters FCA
		Rickard Luckin Limited
		Chattered Accountants	and Registered	Auditors
		First Floor County House
		100New London Road
		Chelmsford
		Essex CM2 ORG
Investment	Adviser	HSBC Private Bank (Cl) Ltd
		Jersey Branch
		PO Box88
		1 Grenville Street
		St Holier, Jersey
		Channel Islands JE49PF
		Royal Bank ofCanada	(Cl) Ltd
		Gaspd House
		66-72 Esplanade
		St Helier, Jersey
		Channel Islands JE23QT

Achievements and Performance	Achievements and Performance
During the year, the Trust received investment income ofF400		(2022:F1)with the Headway fund paying a
dividend in the year of6377(2022:Enil).
The fair value ofthe investmant portfolio decreased tof86,467 (2022:f91,396)at the year end as a result of
adverse market conditions.
Governance costs, including bank charges, have increased to	E8,218(2022:F8,007).
The level of donations paid increased by 6% to a total of 655,931 (2022: 652,771).This includes F17,500 (2022:f17500)to United Jewish Israel Appeal; F17500(2022:fnil) tothe Community Security Trust; 810281
(2022: f4,971)to Western Marble Arch Synagogue; 85,250	(2022: 65,250) to Royal Opera House Covent
Garden Foundation; 62,500 (2022: Fnil) to Breast Cancer	Now		and F1,000 (2022: Enil) to	The Jewish
Bereavement Counselling Service.
Financial Review
			2023 6	2022 f
Donations and associated income tax recoverable amounted	to		67,500	43,750
Income from investments and income tax recoverable amounted		to	400	1
Total income for the year was			67,900	43,751
Out ofwhich expenditure on charitable activities was payable	of		(55,931)	(52,771)
and governance costs were payable of			(8,203)	(7,967)
and bank charges were payable of			(15)	(40)
Resulting in a surplus/(deficit) after expenditure for the year of			3,751	(17,027)
Net investment (losses)/gains totalled			(4,929)	3,943
Giving a net movement in funds in the year of			(1,178)	(13,084)
Funds balances brought forward at 6April 2022 amounted to			91,567	104,651
Giving total trust funds carried forward at 5 April 2023of			90,389	91,567

				2023	2022
			Notes	6	K
Income and endowments		from:
Voluntary income:	Donations			54,000	35,000
Income tax on gift	aid recoverable			13,500	8,750
Investment income				400	1
Total				67,900	43,751
Expenditure on:
Charitable activities				(64,149)	(60,778)
Net (losses)/gains on investments				(4,929)	3,943
Net Income/(expenditure)				(1,178)	(13,084)
Net movement in funds				(1,178)	(13,084)
Total funds brought	forward			91,567	104,651
Total funds carried forward				90,389	91,567

2	INVESTMENT INCOME
								2023f	2022 5
	Income received directly attributed			to:
	UK Bank interest							23
	Income received indirectly	attributed			to:
	UK Equities (listed on a recognised				stock
	exchange) and Unit Trusts							377
								400
3	CHARITABLE ACTIVITIES
							Notes	2023	2022
								5	5
	Grant making							55,931	52,771
	Governance costs							8,218	8,007
								64,149	60,778
4	CHARITABLE ACTIVITIES: GRANT					MAKING
								2023	2022
								5	E
	United Jewish Israel Appeal							17,500	17,500
	Community Security Trust							17,500
	Western Marble Arch Synagogue							10,281	4,971
	Royal Opera House Covent		Garden		Foundation			5,250	5,250
	Breast Cancer Now							2,500
	Jewish Bereavement Counselling			Service				1,000
	Policy Exchange Limited								10,000
	DEC Ukraine Humanitarian		Appeal						5,200
	Nightingale Hammerson								5,000
	King's College Hospital								2,500
	United Synagogue								1,000
	Boys Clubhouse								1,000
	Vadous —small charities							1,900	850
	Uncashed donation - Quintessentially					Foundation			(500)
								55,931	52,771

			2023	2022
			5	E
Accountancy	and administration	charges	8,160	7,290
Custodian fees &management		fees	43	677
Bank charges			15	40
			8,218	8,007

6	GAIN ON I	NVESTMENTS
			2023	2022
			5
	Unrealised	(losses)/gains	(4,929)	3,256
	Realised gains			687
			(4,929)	3,943
7	INVESTMENTS
				Headway
				Fund
				Shares
				f.
	Stocks and	shares
	Fair value at6April 2022			91,396
	Disposals
	Loss on investments			(4,929)
	Fair value at5April 2023			86,467
8	DEBTORS
			2023f	2022 6
	Other debtors		5,875	1,550
9	CURRENT	LIABILITIES
			2023	2022
			E	5
	Accruals		7,260	4,242