## ## |Trustees||||Rev P Morris||| |---|---|---|---|---|---|---| |||||Mr R Haffenden||| |||||Ms MHuey||| |||||Ms R Matherson||| |||||Rev BMidgley||| |||||DrT Rucinski||| |||||Rev JWatterson||| |||||Rev PWilliams||| |Charity number||(England|and Wales)|271323||| |Charity number||(Scotland)||SC041720||| |Company|number|||01254746||| |Registered|office|||1 Oasis Park||| |||||Stanton Harcourt Road||| |||||Eynsham||| |||||Oxfordshire||| |||||OX294TP||| |Auditor||||Critchleys
Audit LLP||| |||||Beaver House||| |||||23-38 Hythe Bridge Street||| |||||Oxford||| |||||OX12EP||| |Bankers||||HSBC||| |||||184 High Street||| |||||Bromley||| |||||Kent||| |||||BR1 1HL||| |Solicitors||||Wellers||| |||||65 Leadenhall|Street|| |||||London||| |||||EC3A 2AD||| |Investment|advisors|||Brewin Dolphin|Securities|Ltd| |||||5 Giltspur Street||| |||||London||| |||||EC1A9BD||| |Insurance|brokers|||WRS Limited||| |||||Cadman
House, off Peartree Road||| |||||Stanway, Colchester||| |||||C03 ONW||| ## ## |||Page| |---|---|---| |Trustees'
report||1-3| |Statement oftrustees'|responsibilities|| |Independent
auditor's|report|5-8| |Statement offinancial|activities|9-10| |Balance sheet||| |Statement ofcash flows||12| |Notes to the financial statements||13-27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||80|80|T-
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I-| ## ## |||||2022||2021| |---|---|---|---|---|---|---| ||||Notes|||| |Fixed assets||||||| |Intangible
assets
Tangible assets
Investment
properties
investments|||'I2
13
14
15|354,485
1,175,339
1,330,096||1,200
475,722
1,030,000
1,308,099| |Current assets||||2,859,920||2,815,021| |Debtors||||123,351|115.626|| |Cash at bank and in hand||||756,511|849,636|| |Creditors: amounts|falling due within|||879,862|965,262|| |one year||||(36,703)|(30,519)|| |Net current assets||||843,159||934,743| |Total assets less current liabilities||||3,703,079||3,749,764| |income funds||||||| |Restricted
funds
Designated
funds
Unrestricted
funds|||19
20|302,730
2,070,129
1,330,220||217,478
2,195,055
1,337,231| |||||3,703,079||3,749,764| |The financial statements||were approved|by the Trustees on ..........g........(.....|||| |||||i ('Lap&||| |Rev'
Morris||||Mr R Haffenden||| |Trustee||||Trustee||| ## ## ## |||Notes|2022
f||2021
f|| |---|---|---|---|---|---|---| |Cash flows from operating
activities||||||| |Cash absorbed
by operations||25||(162,880)||(186,458)| |Investing
activities||||||| |Purchase oftangible
fixed assets|||(1,580)||(4,576)|| |Proceeds from sale ofinvestments|||121,770||102,758|| |Movement of investment
loans and||||||| |receivables|||(9,341)|||| |Purchase ofother investments|||(106,886)||(95,474)|| |Cash movement
in investments|||(6,033)||1,506|| |Investment
income received|||71,825||83,595|| |Net cash generated
from investing||||||| |activities||||69,755||87,809| |Net cash used in financing
activities||||||| |Net decrease
in cash and cash equivalents||||(93,125)||(98,649)| |Cash and cash equivalents
at beginning|ofyear|||849,636||948,285| |Cash and cash equivalents
at end of|year|||756,511||849,636| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Total|Total| |---|---|---| ||2022|2021| |||E| |Donations|1,000,535|1,046,044| |Legacies|192,494|65,235| ## ## |||Total|Total| |---|---|---|---| |||2022|2021| |||f|f| |Income|from listed investments|33,295|33,595| |Rental|income|38,626|46,829| |interest|receivable|(96)|3,171| |||71,825|83,595| ||Total|Total| |---|---|---| ||2022f|2021f| |Portfolio management|9,487|6,229| |Direct costs|48,654|51,568| |Property repairs and maintenance|1,768|5,236| |Staffcosts|51,702|50,584| |Support costs|50,351|44,277| ||161,962|157,894| ## ## ## |||||Ministry|Ministry| |---|---|---|---|---|---| |||||' 2022|2021| |Staffcosts||||539,284|480,559| |Other costs||||23,426|9,339| |||||562,710|489,898| |Grant funding ofactivities (see note 8)||||226,052|112,726| |Share of|support costs (see note 9)|||496,346|502,135| |Share of|governance||costs (see note 9)|40,656|35,412| |||||1 325,764|1 140171| |Analysis|by fund||||| |Unrestricted||funds||653,391|663,659| |Designated||funds||120,265|11,491| |Restricted|funds|||552,108|465,021| |||||1 325764|1 140171| ||||Ministry|Ministry| |---|---|---|---|---| ||||2022f|2021f| |Grants to|institutions:|||| |HaGefen|Publishing,|Israel|215,470|100,000| |Grants to|individuals||10,582|12,726| ||||226,052|112,726| ## ## |Support costs||||||| |---|---|---|---|---|---|---| ||Support|Governance|2022|Support costs|Governance|2021| ||costs|costs|||costsf|| |Staffcosts|292,976|25,851|318,827|286,648|26,292|312,940| |Staifcosts support|18,004||18,004|34,098||34,098| |Premises and||||||| |infrastructure|49,922||49,922|63,855||63,855| |Legal and professional|16,763||16,763|11,319||11,319| |Consultancy|103,150||103,150|57,299||57,299| |Other|65,882||65,882|93,193||93,193| |Audit fees||10,455|'l0,455||8,850|8,850| |Council meetings||4,350|4,350||270|270| ||546,697|40,656|587,353|546,412|35,412|581,824| |Analysed
between||||||| |Raising funds|50,351||50,351|44,277||44,277| |Ministry|496,346|40,656|537,002|502,135|35,412|537,547| ||546,697|40,656|587,353|546,412|35,412|581,824| ## ## |The ave|rage|monthly
number ofemployees
during the|year was:|| |---|---|---|---|---| ||||2022|2021| ||||Number|Number| |Ministry||||| |Support|and|administration||| |Total|||13|13| ## |11|Employees||||(Continued)|(Continued)| |---|---|---|---|---|---|---| ||Employment
costs||||2022f'|2021f| ||Wages and salaries||||765,723|746,128| ||Social security costs||||47,854|45,906| ||Other pension costs||||48,118|52,049| ||||||861,695|844,083| ||The number ofemployees|whose annual|remuneration|was more than F60,000||| ||isas follows:|||||| ||||||2022|2021| ||||||Number|Number| ||860,001 tof70,000|||||| |12|Intangible
fixed assets|||||| ||||||Computer|Software| |||||||F| ||Cost|||||| ||At 1April 2021 and 31 March 2022|||||6,000| ||Amortisation
and impairment|||||| ||At 1 April 2021|||||4,800| ||Amortisation
charged for the year|||||1,200| ||At 31 March 2022|||||6,000| ||Carrying amount|||||| ||At 31 March 2022|||||| ||At 31 March 2021|||||1,200| ## ## ## ||||||||||| |---|---|---|---|---|---|---|---|---|---| |13|Tangible fixed assets||||||||| |||||||Freehold land|Leasehold|Figures and|Total| |||||||and buildings|land and|fittings|| ||||||||buildings||| ||Cost||||||||| ||At 1 April 2021|||||479,436|33,486|66,638|579,560| ||Additions|||||||1,580|1,580| ||Disposals|||||(119,041)|||(119,041)| ||At 31 March|2022||||360,395|33,486|68,218|462,099| ||Depreciation
and impairment||||||||| ||At 1April 2021|||||14,381|33,486|55,971|103,838| ||Depreciation|charged|in the year|||4,795||2,552|7,347| ||Eliminated
in respect||ofdisposals|||(3,571)|||(3,571)| ||At 31 March|2022||||15,605|33,486|58,523|107,614| ||Carrying amount||||||||| ||At 31 March|2022||||344,790||9,695|354,485| ||At 31 March|2021||||465,055||10,667|475,722| ||The carrying|value of|land|included|in land and buildings|comprises:|||| |||||||||2022|2021| |||||||||E|F| ||Freehold|||||||344,790|465,055| |14|investment|property|||||||| ||||||||||2022| ||Fair value||||||||| ||At 1 April 2021||||||||1,030,000| ||Net gains or|losses through||fair value adjustments|||||145,339| ||At 31 March|2022|||||||1,175,339| ## ## ## |15|Fixed asset investments|(Continued)| |---|---|---| |||Listed| |||investments| ||Cost orvaluation|| ||At 1 April 2021|1,308,099| ||Additions|106,886| ||Valuation changes|30,848| ||Cash movement|6,033| ||Disposals|(121,770)| ||At 31 March 2022|1,330,096| ||Carrying amount|| ||At 31 March 2022|1,330,096| ||At 31 March 2021|1,308,099| |Debtors||||| |---|---|---|---|---| ||||2022|2021| |Amounts|falling due within one year:|||E| |Other debtors|||9,010|1,655| |Long term|loans||114,341|105,000| |Prepayments||and accrued income||8,971| ||||123,351|115,626| ## |Creditors: amounts
falling due within one year||| |---|---|---| ||2022|2021| |Trade creditors|10,099|7,898| |Other creditors|11,890|11,890| |Accruals and deferred income|14,714|10,731| ||36,703|30,519| ## ## |||||||Ih~o+
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(I)| ## ## ## ## ## ## ||||||||| |---|---|---|---|---|---|---|---| |Cash generated
fr|om operatio|ns||||2022|2021| |||||||F|| |(Deficit)/surpus
for|the year|||||(46,685)|123,680| |Adjustments
for:|||||||| |Investment
income|recognised|in statement||offinancial|activities|(71,825)|(83,595)| |Gain on investments||||||(176,187)|(226,808)| |Depreciation
and impairment
oftangible|||fixed assets|||8,547|15,830| |Non-cash grants awarded||||||115,470|| |Movements
in working capital:|||||||| |Decrease/(increase)|in debtors|||||1,616|(8,971)| |Increase/(decrease)|in creditors|||||6,184|(6,594)| |Cash absorbed
by|operations|||||(162,880)|(186,458)|