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||FORT|HE YEA|RENDED 30|2021|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|2021|2020|
||||Fund|Fund|Total|Total|
||||5|5|||
|||Notes|||||
|INCOME AND ENDOWMENTS|||||||
|Donations
and Legacies|||1,671&t43|1,511|1&673/(54|844,182|
|Investment
Income|||370,356||370456|365,075|
|TOTAL INCOME|||2,042/99|1,511|2&043/10|1,209,257|
|EXPENDITURE|||||||
|Expenditure
on Raising Funds:|||||||
|Investment
Management
Costs||7|(61,725)||(61,725)|(35,636)|
|Expenditure
on Charitable
Activities||8/9|(1,004,170)||(1,004,170)|(981,460)|
|TOTAL EXPENDITURE|||(1,065,895)||(1,065,895)|(1,017,096)|
|Deferred taxation|||||||
|Net goss))gains
on disposal ofinvestment||assets|5,622||5,622|(54,532)|
|Net valuation
gain on investment|property||||||
|NET INCOME/(EXPENDITURE)|||||||
|BEFORETRANSFERS|||982,026|1,511|983,537|137,629|
|Gmss transfer between funds|||||||
|NET INCOME AND|||||||
|NET MOVEMENT OFFUNDS|||9$2,026|1,511|9$3/37|137,629|
|RECONCILIATION
OFFUNDS|||10,613&806|5,593|10,619,399|10,481,770|
|Total Funds Brought Forward|||||||
|TOTAL
FUNDS
CARRIED|||||||
|FORWARD||19|511/95,$32|57,104|511,602&t36|610,619,399|
##
|||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|
|||Fund|Fund|Total|Total|
|||8||8||
||Notes|||||
|FIXEDASSETS||||||
|Tangible Assets|14|6,127,373||6,127,373|4,968,725|
|Investments|15|5,661,17$||5,661,178|5,661,178|
|||11,788,551||11,788451|10,629,903|
|CURRENT ASSETS||||||
|Debtors|16|65,444||65,444|300,401|
|Cash atBank and in hand||1+3,043|7,104|1,450,147|1,395,211|
|||1,50$,487|7,104|1,515491|1,695,612|
|LIABILITIES||||||
|Creditors falling due within one year|17|(1,637,206)||(1,637~6)|(1,642,116)|
|NET CURRENT ASSETS||(128,719)|7,104|(121,615)|53,496|
|TOTAL ASSETSLESS||||||
|CURRY%LIABILITIES||11,659,832|7,104|11)666@36|10,683,399|
|PROVISIONS FORLIABILITIES|18|||||
|tk CHARGES||(64,000)||(64,000)|(64,000)|
|NETASSETS||f11,595,832|57,104|K11,602,936|510,619,399|
|FUNDS||||||
|Unrestricted
Funds|19|||||
|General Fund||11,169)958||11,169,95810,187,932||
|Restricted Funds|19||7,104|7,104|5,593|
|Non-charitable
trading fund (deficit)|19|425,874||425)874|425,874|
|TOTALC~FUNDS||%11/95,832|87,104|811,602,936|510,619,399|
##
##
||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|
||||Fund|Fund|Total|Total|
||||8||||
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible Assets||14|2,510,665||2,510,665|2,538,540|
|Investments||15|9,180,677||9,180,677|7,996,965|
||||11,691,342||11,691442|10,535,505|
|CURRENT ASSETS|||||||
|Debtors||16|141,025||141)025|254,493|
|Cash atBank and in hand|||IP&,$35|7,104|1,401,939|1,365,681|
||||1,535,860|7,104|1,542,964|1,620,174|
|CREDITORS: Amounts|falling||||||
|due within one year||17|(1,631,370)||(1,631,370)|(1,536,280)|
|NET CURRENT ASSETS|||(95,510)|7,104|(88,406)|83,894|
|NET ASSETS|||%11495,$32|57,104|f11,602,936|f10,619,399|
|UNRESTRICTED FUNDS|||||||
|Unrestricted
Funds||19|11,595,832||11/95,832|10,613,806|
|Restricted Funds||19||7,104|7,104|5,593|
|TOTAL CHARITY FUNDS|||511,595,832|87,104|K11,602@36|f10,619,399|
##
##
|||||Company|iVoi 1152779|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||Notes|g||
|Cash flows from|operating||activities:|||||
|Net cash used in|operating||activities||21|822,101|(267,963)|
|Cash flows from|investing||activities:|||||
|Net cash provided|by investing
activities|||||(782/55)|(101,138)|
|Cash flows from|financing||activities:|||||
|Net cash used in financing||activities||||15,090|999,516|
|Change in cash and cash equivalents||||in the year||54,936|630,415|
|Cash snd cash equivalents||at the beginning ofthe year||||1,395411|764,796|
|Cash and cash equivalents|||atthe end|ofthe year|21|51,450,147|51,395,211|
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|DONATIO||NS AND|LEGACIES|LEGACIES||||
|---|---|---|---|---|---|---|---|
||||Unrestricted
Restricted||TotalFunds|Unrestricted|TotalFunds|
|||||Funds
Funds
5|2021
g|Funds
f|2020|
|Donations||||||||
|Donations|received||51)671,943
51,511||51,673,454|5844,182|f844,182|
|INVESTMENT INCOME||||||||
|||||Unrestricted
Total Funds
Unrestricted|||Total Funds|
|||||Funds|2021|Funds|2020|
|||||5|5|||
|Rents and|Charges Receivable|||253,445|253,445|242,095|242,095|
|Life tenancy||interest||20,000|20,000|20,000|20,000|
|Dividends|receivable|||96,768|96,768|96,768|96,768|
|Interest receivable||||143|143|6,212|6,212|
|||||5370,356|f370456|f365,075|f365,075|
|INVESTMENT MANAGEMENT
COSTS||||||||
|||||Unrestricted
Total Funds
Unrestricted|||Total Funds|
|||||Funds|2021|Funds|2020|
|||||6|5||E|
|Investment||Property||||||
|Management||Costs||561,725|561)725|f35,036|535,036|
##
##
|EXPENDI|T|URE|ON CHARITA|ON CHARITA|BLE ACTI|BLE ACTI|VITIES BYF|UND TYPE|||
|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted||TotalFunds|Unrestricted|Total Funds||
|||||Funds||Funds|2021|Funds|2020||
|||||||g|||||
|Donations|Paid|||992,770|||992)770|970,060|970,060||
|Governance||Costs||11,400|||11,400|11,400|11,400||
||||g1,004,170||||$1,004,170|8981,460|6981,460||
|EXPENDITURE|||ON CHARITABLE ACTIVITIES BYACTIVITY TYPE||||||||
|||||||Grant|||||
|||||||Funding|Support|Total Funds|Total Funds||
||||||Activities||Costs|2021|2020||
|||||||g||g|||
|Donations|Paid|||||992,770||992,770|970,060||
|Governance|Costs||||||11,400|11,400|l1,400||
||||||g992,770||g11,400|g1,004,170|f981,460||
|All donations||were|paid|to charitable||institutions|whose objects are in line with||the objects of|the|
|charity which||include the relief of|||poverty,
the||advancement|ofeducation
and the furtherance||of|
|religion.|||||||||||
|Tchabe Kollel Limited|110,000|
|---|---|
|Support The Charity Worker|68,725|
|Care All Limited|60,900|
|Other donations
less than f60,000|753 145|
|Total|992,770|
##
##
##
||||||
|---|---|---|---|---|
|10.|ANALYSIS|OFSUPPORT COSTS|||
||||Total 2021
g|Total 2020f|
||Governance|Costs|11,400|11,400|
|11.|NET MOVEMENT IN FUNDS||||
||This is stated|after charging|||
||||Total 2021|Total 2020|
||||0||
||Auditor's
Remuneration||11,400|11,400|
|12.|TAXATION||||
##
##
|14.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|---|
||||||~Grou|~Com|an|
||Freehold land and buildings|(held for charitable|use)|Z6,|127,373|f2,510,665||
|15.|FIXEDASSETINVESTMENTS|||||||
|||Freehold Investment||Participating||Total||
|||Properties||interest||||
||||g|g||||
||~Grou|||||||
||Cost/valuation|||||||
||At 1July 2020|4,661,178||1,000,000||5,661,178||
||Revaluadon|||||||
||At 30June 2021|&1,66L178||1,000,000||Z5,66L178||
##
##
|~Com an|||2021|2020|
|---|---|---|---|---|
|Investments|at cost/valuation||5,661,178|5,661,178|
|Investment|in subsidiary|at valuation|3,519,499|2,335,787|
||||9,180,677|7,996,965|
|The aggregate
amount of
follows:|asset|s, liabili|ties
and fu|nds ofthe subs|idiary
under|takings
are|
|---|---|---|---|---|---|---|
|||||2021||2020|
||||g|8|||
|Investment
income and donations|||1,256,560||594,703||
|Administration
and property|letting||(40,316)||(30,615)||
|Interest payable to holding company|||(9,855)||(7,244)||
|Net profit/(Joss) for the year||||1,206,389||556,844|
|Net valuation
loss on investment||property|||||
|Deferred taxation|||||||
|NET PROFIT/(LOSS)||||81,206@89||5556,844|
##
##
||Assets and liabilities||||
|---|---|---|---|---|
||Fixed Assets||3,616,708|2,430,185|
||Current Assets||93,714|173,993|
||Current Liabilities||(126,923)|(204,391)|
||Non Current Liabilities||~640 0|~64000|
||Net Assets||3,519,499|2,335,787|
||Aggregate
capital and reserves||5||
||Trading
subsidiary||425,874|425,874|
||Charity subsidiary||3,093,625|1,909,913|
||||3,519,499|2,335,787|
|16.|DEBTORS||||
||||~Grou
~Com|an|
|||2021|2020
2021|2020|
|||8|8||
||Loan due from subsidiary||121,087|98,555|
||Other Debtors|65)444|300,401
19,938|155,938|
|||565,444|8300,401
6141,025|f254,493|
##
|||~Grou|~Com|an|
|---|---|---|---|---|
||2021|2020|2021|2020|
||5||0||
|Other Creditors|1,374,606|1,359,516|1,368,770|1,253,680|
|Accruals and deferred income|262,600|282,600|262,600|282,600|
||51,637,206|51,642,116|X1,631@70|61,536,280|
##
##
##
##
##
|UNDS OFTHE|CHARITY||||
|---|---|---|---|---|
|Group|||||
|||Unrestricted|Restricted|Total|
|||g|8|8|
|Balance at 1July|2020|10,613,806|5,593|10,619,399|
|Net surplus for the year||982,026|1,511|983,537|
|Transfer between|funds||||
|Balance as at30|June 2021|11,595,832|7,104|11,602,936|
|Company|||||
|||Unrestricted|Restricted|Total|
|||||8|
|Balance at 1July|2020|10,613,806|5,593|10,619,399|
|Net income for the year||(207,308)|1,511|(205,797)|
|Transfer between|funds||||
|Gain on investments||1,189,334||1,189,334|
|Balance as at 30|June 2021|11,595,832|7,104|11,602,936|
##
##
##
|20.|ANALYSIS OF NET||SSETSB|ETWEEN FUNDS||||
|---|---|---|---|---|---|---|---|
||||||Net|||
|||||Fixed|Current|||
||Group|||Assets|Assets|Provisions|Total|
|||||||s||
||Unrestricted
Income Funds|||11,788,551|(121,615)|(64,000) 11,602,936||
||||||Net|||
|||||Fixed|Current|||
||Company|||Assets|Assets|Provisions|Total|
|||||s|s|||
||Unrestricted
Income Funds|||11,691,342|(88,406)||11,602,936|
|21.|NOTES TOTHE CONSOLIDATED|||STATEMENT OF|CASH FLOWS|||
||||||2021||2020|
||Net income for the year||||983,537||137,629|
||Adjustment
for:|||||||
||(Gain)/Loss
on Investments||||(5,622)||54,532|
||Interestreceivable||||(20,143)||(26,212)|
||Net rents receivable||||(191,720)||(206,459)|
||Dividends
receivable||||(96,768)||(96,768)|
||Donations
payable (from disposal proceeds)|||||||
||(Increase)/Decrease
in debtors||||152,817||(130,685)|
||Increase/(Decrease)
in creditors|||||||
||Net cash used in operating||activities||822,101|(267,963)||
||Cash flows irom loves||activities|||||
||Interest received||||143||6,212|
||Rents received||||187,860||193,608|
||Dividends
receivable||||96,768||96,768|
||Proceeds from sale ofinvestments||||135,622||191,771|
||Purchase ofinvestments||||(1,202,648)|(589,497)||
||Net cash used in investing|activities|||(782,255)|(101,138)||
||Cash Bows from mvesfln||activities|||||
||Cash inflows from new borrowing||||15,090||999,516|
||Net decrease in cash and|cash equivalents|||54,936||630,415|
||Cash snd cash equivalents|at beginning||ofyear|~193 11||7~647 6|
||Cash and cash equivalents||at end of|year||||
##
##
##
##
##
##
|INCOMING RESOURCES||
|---|---|
|Donations|504,053|
|Investment
Income|188,969|
|Life tenancy interest|20,000|
|Dividends|96,768|
|Interest receivable from subsidiary|9,855|
|Other interest receivable|137|
|TOTAL INCOMING RESOURCES|819,782|
|RESOURCES EXPENDED||
|Investment
management
charges|(32,809)|
|Expenditure
on Charitable
Activities|(992,770)|
|TOTAL EXPENDITURE|(1,025,579)|
|Net gains on investment
assets|1,189,334|
|Net Income and Net Movement in Funds|983,537|
|Total Funds Brought Forward|10,619,399|
|Total Funds Carried Forward|f11,602,936|