| PAGES | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | director's | report) | Ito3 | |
| Independent examiner's |
report to the | trustees | ||||
| Statement offinancial | activities (including | income | and expenditure | |||
| account) | ||||||
| Balance sheet | ||||||
| Notes to the financial | statements | 7to 14 |
| YEA | R ENDED | 31MAR | CH 2023 | CH 2023 | ||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | f. | |||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 58,000 | 58,000 | 57,000 | ||
| Total income | 58,000 | 58,000 | 57,000 | |||
| Expenditure Expenditure on charitable |
activities | 6,7 | (85,831) | (85,831) | (47,744) | |
| Total expenditure | (85,831) | (85,831) | (47,744) | |||
| Net losses on investments | 9 | (117,000) | (117,000) | (48,000) | ||
| horn | ||||||
| Net expenditure and net |
movement | in funds | (144,831) | (144,831) | (38,744) | |
| Reconciliation offunds |
||||||
| Total funds brought forward |
2,016,087 | 2,016,087 | 2,054,831 | |||
| Total funds carried forward | 1,871,256 | 1,871,256 | 2,016,087 |
| COMPANY | LIMITED BYGUARANTEE | LIMITED BYGUARANTEE | |||
|---|---|---|---|---|---|
| BALANCE SHEET | |||||
| 31MARCH 2023 | |||||
| 2023 | 2022 | ||||
| Note | |||||
| FIXEDASSETS | |||||
| Investments | 13 | 1,593,000 | 1,710,000 | ||
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 283,696 | 310,567 | |||
| CREDITORS: amounts | falling due | ||||
| within one year |
15 | (5,440) | (4,480) | ||
| NET CURRENT ASSETS | 278,256 | 306,087 | |||
| TOTAL ASSETSLESS | CURRENT | ||||
| LIABILITIES | 1,871,256 | 2,016,087 | |||
| NET ASSETS | 1,871,256 | 2,016,087 | |||
| FUNDS OF THE CHARITY | |||||
| Unrestricted funds |
1,871,256 | 2,016,087 | |||
| Total charity funds | 16 | 1,871,256 | 2,016,087 |
| DONATIONS AND LEGAC |
IES | |||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2023 | Funds | 2022 | |
| f | ||||
| DONATIONS | ||||
| Donations received | 58,000 | 58,000 | 57,000 | 57,000 |
| EXPE | NDITURE ON CH | ARITABLE ACTIVITIE | S BY | FUND T | YPE | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
| Funds | 2023 | Funds | 2022 | ||||
| f | f | ||||||
| Grants | paid | 79,050 | 79,050 | 43,000 | 43,000 | ||
| Support | costs | 6,781 | 6,781 | 4,744 | 4,744 | ||
| 85,831 | 85,831 | 47,744 | 47,744 |
| Grant funding | Total funds | Total tund | ||||
|---|---|---|---|---|---|---|
| ofactivities | Support costs | 2023 | 2022 | |||
| g | ||||||
| Grants paid | 79,050 | 79,050 | 43,000 | |||
| Governance | costs | 6,78] | 6,781 | 4,744 | ||
| 79,050 | 6,781 | 85,831 | 47,744 | |||
| 8. | ANALYSIS | OF GRANTS | ||||
| 2023 | 2022 | |||||
| GRANTS TO INSTITUTIONS | ||||||
| Support ofeducation | and relief ofpoverty | 79,050 | 43,000 | |||
| Total grants | 79,050 | 43,000 |
| Zichron Nachum | (Europe) Trust | 30,000 |
|---|---|---|
| Keren Habinyan Ltd |
30,000 | |
| Viznitz Institutions | Trust | 5,000 |
| Comet Charities Ltd | 2,000 | |
| Halacha Lemoshe | Trust | 1,800 |
| Shir Chesed Beis | Yisroel | 1,500 |
| The ABC Trust | 1,500 | |
| Sundry donations | 7,250 | |
| 79,050 |
| 9. | NET LOSS | ESON INVESTM | ENTS | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| Gains/(losses) | on investments | in group | |||||
| undertakings | (117,000) | (117,000) | (48,000) | (48,000) | |||
| 10. | INDEPENDENT EXAMINATION FEES | ||||||
| 2023 | 2022 | ||||||
| Fees payable Independent |
to the independent examiner for: examination ofthe financial statements |
6,360 | 4,440 |
| Shares in | ||
|---|---|---|
| group | ||
| undertakings | ||
| Valuation | ||
| At 1 April | 2022 | 1,710,000 |
| Additions | ||
| Fair value | movements | (117,000) |
| At 31March 2023 | 1,593,000 | |
| Impairment | ||
| At 1April | 2022 and 31March 2023 | |
| Carrying | amount | |
| At 31March 2023 | 1,593,000 | |
| At 31March 2022 | 1,710,000 |
| were as foll | ows: | |
|---|---|---|
| Levenstar | ||
| Limited | ||
| Fixed assets | 2,415,000 | |
| Current Assets | 25,732 | |
| Current Liabilities | (618,232) | |
| Non current | liabilities | (24,114) |
| Provisions | (205,000) | |
| 1,593,386 | ||
| Aggregate | capital and reserves | 1,593,386 |
| A summary follows: |
o | f turnover, | expenditur | e and profit/(loss) for the |
year ended 31 March 2023 is as |
|---|---|---|---|---|---|
| Levenstar | |||||
| Limited | |||||
| Turnover | 84)562 | ||||
| Cost ofsales | (106,066) | ||||
| Administrative | expenses | (3,201) | |||
| Net valuation | losses on | investment | property | (28,860) | |
| Intrest payable | and similar expenses | (12,153) | |||
| Tax on profit | 7,000 | ||||
| Profit/(loss) | for financial | year | (58,718) |
| CREDIT | ORS: amounts falling due within one ye |
ar | |
|---|---|---|---|
| 2023 | 2022 | ||
| Trade creditors | 40 | 40 | |
| Accruals | and deferred income | 5,400 | 4,440 |
| 5,440 | 4,480 |
| Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At | Gains and | 31March | |||||
| 1 | April 2022 | Income | Expenditure | losses | 2023 | ||
| f. | |||||||
| General | funds | 2,016,087 | 58,000 | (85,831) | (117,000) | 1,871,256 | |
| At | |||||||
| At | Gains and | 31 March | |||||
| 1 | April 2021 | Income | Expenditure | losses | 2022 | ||
| General | funds | 2,054,831 | 57,000 | (47,744) | (48,000) | 2,016,087 |
| Unrestricted | Total Funds | |||
|---|---|---|---|---|
| Funds | 2023 | |||
| Investments | 1,593,000 | 1,593,000 | ||
| Current | assets | 283,696 | 283,696 | |
| Creditors | less than | 1 year | (5,440) | (5,440) |
| Net assets | 1,871,256 | 1,871,256 | ||
| Unrestricted | Total Funds | |||
| Funds | 2022 | |||
| Investments | 1,710,000 | ],710,000 | ||
| Current | assets | 310,567 | 310,567 | |
| Creditors | less than | 1 year | (4,480) | (4,480) |
| Net assets | 2,016,087 | 2,016,087 |
| The carrying | The carrying | amount for each category offinancial | amount for each category offinancial | amount for each category offinancial | instrument | is as follows: | |
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| g | |||||||
| Financial | assets measured | at fair value through | income and expenditure | ||||
| Financial | assets measured | at fair value through | income and | ||||
| expenditure | 1,593,000 | 1,710,000 |