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2023-06-30-accounts

Unrestricted Restricted 2023 2022
Fund Fund Total Total
Notes
INCOME AND ENDOWMENTS
Donations
and Legacies		 432,913 55 432,968 619,395
Investment
Income		 345,672 345,672 351,35l
TOTAL INCOME 778,585 55 778,640 970,746
EXPENDITURE
Expenditure
on Raising Funds:
Investment
Management		 Costs 7 (53,748) (53,748) (72,218)
Expenditure
on Charitable		 Activities 8/9 (436,047) (90) (436,137) (633,33l)
TOTAL EXPENDITURE (489,795) (90) (489,885) (705,549)
Deferred taxation (16,000) (16,000)
Net (loss)i gains on disposal of investment assets 57,600 57,600 500
Net valuation
gain on investment		 property
NKT INCOME/(EXPENDITURE)
330490 (35) 330455 265,697
NKT INCOME AND
NKT MOVEMENT OF FUNDS 330490 (35) 330455 265,697
RECONCILIATION
OFFUNDS		 11,860449 8484 11,868,633 10,602,936
Total Funds Brought Forward
TOTAL
FUNDS		 CARRIED
FORWARD 19 12,190,639 8449 12,198,988 l 1,868,633

AS AT 3 0JUNE 2023
Company Nor 1rr52779
Unrestricted Restricted 2023 2022
Fund Fund Total Total
5 f
Notes
FIXEDASSETS
Tangible Assets 14 6467,140 6,367,140 6,452,680
Investments 15 5,661,178 5,661,178 5,661,178
12,028418 12028418 12113858
CURRENT ASSETS
Debtors 16 16439 16439 126,330
Cash at Bank and in hand 846,416 8449 854,765 632,879
862,755 8449 871,104 759,209
LIABILITIES
Creditors
falling due within one year		 17 (620,434) (620,434) (940,434)
NKT CURRENT ASSETS 242,321 $,349 250,670 (181,225)
TOTAL ASSETSLESS
CURRENT LIABILITIES 12/70,639 8/49 12/78,98$ 11,932,633
PROVISIONS FORLIABILITIES 18
&CHARGES (80,000) (80,000) (64,000)
NKT ASSETS 12,190,639 8,349 12,198,988 11,868,633
FUNDS
Unrestricted
Funds		 19 11,780,765 11,780,675 11,442,771
Restricted Funds 19 8,349 8449 8,384
Non-charitable
trading		 fund 19 409,874 409,$74 417,478
TOTAL CHARITY FUNDS 12,190,639 8,349 12,19$,988 11,868,633

ASAT3 0
2023
Company Nor 1152779
Unrestricted Restricted 2023 2022
Fund Fund Total Total
5
Notes
FIXEDASSETS
Tangible Assets
Investments		 14
15		 2,619,815
9,282,163		 2,619,815
9,282,163		 2,747,665
9,256,607
11,901,978 11rr01,978 12,004,272
CURRENT ASSETS
Debtors 16 105,933 105,933 194,324
Cash atBank and in hand 797,326 8,349 805,675 604,635
903,259 8,349 911,608 798,959
CREDITORS: Amounts falling
due within one year 17 (614,598) (614/98) (934,598)
NET CURRENT ASSETS 288,661 8,349 297,010 (135,639)
NET ASSETS 12,190,639 8,349 12,198,988 11,868,633
UNRESTRICTED FUNDS
Unrestricted
Funds		 19 12,190,639 12,190,639 11,860,249
Restricted Funds 19 8,349 8,349 8,384
TOTAL CHARITY FUNDS 12,190,639 8y349 12y198)988 l I 868 633
AS AT 30JIJNE 2023 AS AT 30JIJNE 2023
Company Noi 1152779
2023 2023
Notes
Cash flows from operating activities:
Net cash used in operating activities 21 69,927 (314,338)
Cash flows from investing activities:
Net cash provided by investing
activities		 451,959 173,842
Cash flows from financing activities:
Net cash used in financing activities (300,000) (676,722)
Change in cash and cash equivalents in the year 221,886 (817,268)
Cash and cash equivalents at the beginning ofthe year 632,879 1,450,147
Cash and cash equivalents at the end ofthe year 21 854,765 632,879

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Investment Property
Management Costs 53,748 53,748 72,218 72,218

Unrestricted Restricted Total Funds Unrestricted Total Funds
Funds Funds 2023 Funds 2022
8
Donations Paid 424,611 424,611 621,875 621,875
Governance Costs 11,526 11,526 11,456 11,456
436,137 436,137 633,331 633,331

EXPENDI TURE ON CH ARITABLE ACTIVI TIES BYAC TIVITY TYPE
Grant
Funding Support Total Funds Total Funds
Activities Costs 2023 2022
8
Donations Paid 424,611 424,611 621,875
Governance Costs 11,526 11,526 11,456
424,611 11,526 436,137 633,331

EXPENDITURE ON CHARITA BLE ACT IVITIES BYACTIVITY T YPE (continued)
The following
material		 donations were made during the year ended 30 June 2023:
Amud Hatzdokoh
Trust		 30,400
Other donations
less than g26,000 individually		 or in aggregate 394211
Total 424,611
10. ANALYSIS OF SUPPORT COSTS
Total 2023 Total 2022
Governance
Costs		 11&526 11,456
11. NKT MOVEMENT IN FUNDS
This is stated after charging
Total 2023 Total 2022
f.
Auditor's
Remuneration		 11,400 11,400
12. TAXATION

14. TANGIBLE TANGIBLE FIXEDASSETS FIXEDASSETS
~Grou ~Com Mt
Freehold land and buildings 1held for charitable use) f6,367,140 f2,619,815

The aggregate
a
follows:		 mount ofas sets, liabilities
 and fu nds ofthe su bsidiary
undertakings
are a		 bsidiary
undertakings
are a
2023 2022
Investment
income and donations		 104,518 147,607
Administration
and property		 letting (44,561) (58,358)
Interest payable to holding company (7,620) (12,109)
Donations (1,210)
Net profit/(loss) for the year 52,337 75,930
Net valuation
loss on investment		 property
Deferred taxation (16,000)
NKT PROFIT/(LOSS) f36,337 675,930
Assets and liabilities
Fixed Assets 3,747,325 3,705,015
Current Assets 63,299 36,446
Current Liabilities (109,639) (82,032)
Non Current Liabilities ~80 000 ~64 000
Net Assets 3,620,985 3,595,429
Aggregate
capital
Trading subsidiary		 and reserves 409,874 417,478
Charity subsidiary 3,211,111 3,177,951
3,620,985 3,595,429
16. DEBTORS
~Grou ~Com an
2023 2022 2023 2022
Amount
due from		 subsidiary 103,803 76,196
Other Debtors 16,339 126,330 2,130 118,128
16,339 126,330 105)933 194,324

~Grou ~C
2023 2022 2023 2022
Other Creditors 397,834 697,834 391,998 691,998
Accruals and deferred income 222,600 242,600 222,600 242,600
620,434 940,434 614,598 934,598

2023 2022
Balance at 1 July 2022 64,000 64,000
Charge for the year 16,000
Balance at 30June 2023 80,000 64,000

UNDS OF THE CHARITY
Group
Unrestricted Restricted Total
g
Balance at 1 July 2022 11,860,249 8,384 11,868,633
Net surplus for the year 330,390 (35) 330,355
Transfer between funds
Balance as at 30 June 2023 12,190,639 8,349 12,198,988

FOR THE YEAR K
ED30JUNE		 FOR THE YEAR K
ED30JUNE		 FOR THE YEAR K
ED30JUNE		 FOR THE YEAR K
ED30JUNE		 FOR THE YEAR K
ED30JUNE		 2023
19. FUNDS OF THE CHARITY (Continued)
Company
Unrestricted
Restricted		 Total
Balance at 1 July 2022 11,860,249 8,384 11,868,633
Net income for the year 247,234 (35) 247,199
Transfer between funds
Gain on investments 83,156 83,156
Balance as at 30 June 2023 12,190,639 8,349 12,198,988
20. ANALYSIS OFNET ASSETSBETWEEN FUNDS
Net
Fixed Current
Group Assets Assets Provisions Total
Unrestricted Income Funds 12,028,318 250,670 (80,000) 12,198,998
Net
Fixed Current
Company Assets Assets Provisions Total
s
Unrestricted Incotne Funds 11,901,978 297,010 12,198,988
21. NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS
2023 2022
8
Net income for the year 291,205 265,697
Adjustment for:
(Gain)/Loss on Investments (18,450) (500)
Interest receivable (22,498) (20,106)
Net rents receivable (172,658) (162,259)
Dividends
receivable		 (96,768) (96,768)
Donations
in		 kind (42)310) (232,000)
(Increase)/Decrease in debtors 115,406 (68,402)
Increase/(Decrease) in provisions for liabilities 16,000
Net cash used in operating activities 69,927 (314,338)

Cash flows from investin activities
Interest received 2,498 106
Rents received 167,243 169,775
Dividends
receivable		 96,768 96,768
Proceeds from sale of investments 195,450 10,500
Purchase ofinvestments (10,000) (103,307)
Net cash used in investing activities 451,959 173,842
Cash flows from investtn activities
Cash inflows from new borrowing (300,000) (676,772)
Net decrease in cash and cash equivalents 221,886 (817,268)
Cash and cash equivalents
Cash and cash equivalents		 at beginning ofyear
at end ofyear		 ~632879 I 450.147
~9
22. ANALYSIS OF CHANGES IN NET DEBT
At At
I Jul 2022
Cash flows 30Jun 2023
f,
Cash at bank and in hand 632,879
221,886		 854,765