| PAGES | |||||
|---|---|---|---|---|---|
| Trustees' | annual report |
(incorporating | the director's report) | 1to 3 | |
| Independent auditor's |
report to the members | 4to 8 | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | |||||
| Statement | offinancial | position | 10 | ||
| Notes to | the financial | statements | 11to 16 |
| YEAR ENDE | D 31MAR | CH 2021 | CH 2021 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| igote | ||||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 166,250 | 166,250 | 78,638 | ||
| Investment income |
6 | 438,227 | 438,227 | 427,807 | ||
| Total income | 604,477 | 604,477 | 506,445 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management |
costs | 7 | 122,548 | 122,548 | 75,422 | |
| Expenditure on charitable |
activities | 8,9 | 354,018 | 354,018 | 474,817 | |
| Total expenditure | 476,566 | 476,566 | 550,239 | |||
| Net gains/(losses) on investments |
10 | 9,763 | 9,763 | 19,540 | ||
| Net income/(expenditure) | and net movement | in funds | 137,674 | 137,674 | 63,334 | |
| Reconciliation offunds |
||||||
| Total funds brought forward |
8,147,879 | 8,147,879 | 8,211,213 | |||
| Total funds carried forward | 8,285,553 | 8,285,553 | 8,147,879 |
| STATEME | NT OF FINANCIAL | NT OF FINANCIAL | POSITION | |||
|---|---|---|---|---|---|---|
| 31MARCH 2021 | ||||||
| 2021 | 2020 | |||||
| iNote | ||||||
| FIXEDASSETS | ||||||
| Investments | 13 | 7,983,107 | 7,981,752 | |||
| CURRENT ASSETS | ||||||
| Debtors | 14 | 124,949 | 58,258 | |||
| Cash at bank and in hand | 280,032 | 212,467 | ||||
| 404,981 | 270,725 | |||||
| CREDITORS: amounts | falling due | |||||
| within one year |
15 | 102,535 | 104,598 | |||
| NET CURRENT ASSETS | 302,446 | 166,127 | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 8,285,553 | 8,147,879 | ||||
| NET ASSETS | 8,285,553 | 8,147,879 | ||||
| FUNDS OF THK CHARITY | ||||||
| Unrestricted funds |
8,285,553 | 8,147,879 | ||||
| Total charity funds | 16 | 8,285,553 | 8,147,879 |
| 5. | DONATIONS | AND | LEGACIES | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| 6 | |||||||
| DONATIONS | |||||||
| Donations | 166,250 | 166,250 | 78,638 | 78,638 | |||
| 6. | INVESTMENT INCOME | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Ftlllds | 2021 | Funds | 2020 | ||||
| Rental income | 434,528 | 434,528 | 424,315 | 424,315 | |||
| Income from | listed investments | 3,607 | 3,607 | 2,877 | 2,877 | ||
| Bank interest | receivable | 92 | 615 | 615 | |||
| 438,227 | 438,227 | 427,807 | 427,807 | ||||
| 7. | INVESTMENT MANAGEMENT | COSTS | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| Management | fees | 20,274 | 20,274 | 21,446 | 21,446 | ||
| Insurance | 18,162 | 18,162 | 10,556 | 10,556 | |||
| Rates &water | 16,170 | 16,170 | 159 | 159 | |||
| Repairs & maintenance | 61,578 | 61,578 | 39,048 | 39,048 | |||
| Legal &professional | 4,441 | 4,441 | 3,291 | 3,29] | |||
| Light &heat | 904 | 904 | 763 | 763 | |||
| Office administrative | expenses | 1,019 | 1,019 | 159 | 159 | ||
| 122,548 | 122,548 | 75,422 | 75,422 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||
| Donations | Paid | 336,880 | 336,880 | 457,520 | 457,520 |
| Support costs | 17,138 | 17,138 | 17,297 | 17,297 | |
| 354,018 | 354,018 | 474,817 | 474,817 |
| Included in the charitable activities are the following materi |
al grants made during the year: |
|---|---|
| 2021 | |
| Support The Charity Worker | 96,000 |
| Care All Ltd | 80,000 |
| Edupoor Ltd | 58,000 |
| ZSV Trust | 20,000 |
| Menicho Vesimcho | 20,000 |
| Zichron Zvi Trust | 20,000 |
| Other grants less than f20,000 | 42,880 |
| Total | 336,880 |
| 9. | EXPENDI | TURE ON CH | ARITABLE ACTIVITIE | S BY ACTIVI | TY TYPE | |
|---|---|---|---|---|---|---|
| Grant funding | Total funds | Total fund | ||||
| ofactivities | Support costs | 2021 | 2020 | |||
| f. | ||||||
| Donations | Paid | 336,880 | 336,880 | 457,520 | ||
| Governance | costs | 17,138 | 17,138 | 17,297 | ||
| 336,880 | 17,138 | 354,018 | 474,817 | |||
| 10. | NET GAINS/(LOSSES) ON INVESTMENTS |
| NET GAINS/ | (LO | SSES | ) ON INVES | TMENTS | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | |||||
| Gains/(losses) | on | listed | investments | 9,763 | 9,763 | (19,540) | (19,540) |
| The charity did not meet any individual expen to the charity. INVESTMENTS |
ses incurred by the tru |
stees for servi |
ces provided |
|---|---|---|---|
| Listed | Investment | ||
| investments | properties | Total | |
| Cost or valuation | |||
| At I April 2020 |
47,002 | 7,934,750 | 7,981,752 |
| Additions | |||
| Other movements | 1,355 | 1,355 | |
| At 31 March 2021 | 48,357 | 7,934,750 | 7,983,107 |
| Impairment | |||
| At I April 2020 and 31March 2021 | |||
| Carrying amount |
|||
| At 31March 2021 | 48,357 | 7,934,750 | 7,983,107 |
| At 31 March 2020 | 47,002 | 7,934,750 | 7,981,752 |
| The historic DEBTORS |
cost ofthe companies listed investments |
is f26,988(2020:g30,188). | |
|---|---|---|---|
| 2021 | 2020 | ||
| Trade debtors | 116,480 | 49,789 | |
| Prepayments | and accrued income | 8,469 | 8,469 |
| 124,949 | 58,258 |
| CREDITORS: amou | nts falling due within one ye |
ar | |
|---|---|---|---|
| 2021 | 2020 | ||
| Trade creditors | 68,625 | 70,688 | |
| Accruals and deferred |
income | 8,400 | 8,400 |
| Other creditors | 25,510 | 25,5]0 | |
| 102,535 | 104,598 |
| At | Gains andAt 31 March | Gains andAt 31 March | ||||
|---|---|---|---|---|---|---|
| I April 2020 | Income | Expenditure | losses | 2021 | ||
| g | ||||||
| General | funds | 8,147,879 | 604,477 | (476,566) | 9,763 | 8,285,553 |
| At | Gains and | At 31 March | ||||
| 1 April 2019 | Income | Expenditure | losses | 2020 | ||
| General | funds | 8,211,213 | 506,445 | (550,239) | (19,540) | 8,147,879 |
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | ||||||
| Unrestricted | Total Funds | |||||
| Funds | 2021 | |||||
| Investments | 7,983,107 | 7,983,107 | ||||
| Current | assets | 404,981 | 404,981 | |||
| Creditors | less than | 1 year | (102,535) | (102,535) | ||
| Net assets | 8,285,553 | 8,285,553 | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2020 | |||||
| Investments | 7,981,752 | 7,981,752 | ||||
| Current | assets | 270,725 | 270,725 | |||
| Creditors | less than | 1 year | (104,598) | (104,598) | ||
| Net assets | 8,147,879 | 8,147,879 |