| Page | |||||
|---|---|---|---|---|---|
| Trustees' | annual report | (incorporating | the director's report) | 1to 5 | |
| Independent auditor's |
report to the members | 6to 9 | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | 10 | ||||
| Statement | offinancial | position | |||
| Statement | ofcash flows | 12 | |||
| Notes to | the financial | statements | 13to 1S |
| 2021 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | 6 | ||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 504,000 | 504,000 | 670,000 | |||
| Total income | 504,000 | 504,000 | 670,000 | ||||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 6,7 | (522,738) | (522,738) | (657,265) | ||
| Total expenditure | (522,738) | (522,738) | (657,265) | ||||
| Net gains on investments | 10 | 63,444 | 63,444 | 178,740 | |||
| Net income and net | movement | in funds | 44,706 | 44,706 | 191,475 | ||
| Reconciliation offunds | |||||||
| Total funds brought | forward | 6,981,193 | 6,981,193 | 6,789,718 | |||
| Total funds carried | forward | 7,025,899 | 7,025,899 | 6,981,193 |
| 31MARCH | 31MARCH | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| Note | g | |||||||
| Fixed assets | ||||||||
| Investments | 13 | 6,929,274 | 6,865,830 | |||||
| Current assets | ||||||||
| Debtors | 14 | 4,000 | 4,000 | |||||
| Cash at bank | and in hand | 100,305 | 119,043 | |||||
| 104,305 | 123,043 | |||||||
| Creditors: amounts | falling due | |||||||
| within one year | 15 | (7,680) | (7,680) | |||||
| Net current | assets | 96,625 | 115,363 | |||||
| Total assets | less current liabilities | 7,025,899 | 6,981,193 | |||||
| Funds ofthe | charity | |||||||
| Unrestricted | funds | 7,025,899 | 6,981,193 | |||||
| Total charity | funds | 16 | 7,025,899 | 6,981,193 |
| YEAR ENDED 31MARCH 2 | 021 | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Cash flows from operating | activities | |||||
| Net income | 44,706 | 191,475 | ||||
| Adjustments for: | ||||||
| Net gains on investments | (63,444) | (178,740) | ||||
| Changes in: | ||||||
| Trade and other | debtors | 15,000 | ||||
| Trade and other | creditors | 180 | ||||
| Cash generated | from operations | (18,738) | 27,915 | |||
| Net cash (used | in)/from | operating | activities | (18,738) | 27,915 | |
| Net (decrease)/increase | in | cash | and cash equivalents | (18,738) | 27,915 | |
| Cash and cash | equivalents | at beginning ofyear | 119,043 | 91,128 | ||
| Cash aad cash | equivalents | at end ofyear | 100,305 | 119,043 |
| member in Donations |
the event ofwinding and legacies |
up is limited toEl. |
|||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| g | |||||
| Donations | |||||
| Donations | Received | 504,000 | 504,000 | 670,000 | 670,000 |
| Expenditure |
on charitable acti |
vities by fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| g | |||||
| Grant funding | activities | 514,790 | 514,790 | 649,135 | 649,135 |
| Support costs | 7,948 | 7,948 | 8,130 | 8,130 | |
| 522,738 | 522,738 | 657,265 | 657,265 |
| Expen | diture | on charitable acti |
vities by activity typ |
e | ||
|---|---|---|---|---|---|---|
| Grant | ||||||
| funding of | Total funds | Total fund | ||||
| activities | Support costs | 2021 | 2020 | |||
| Grant | funding | activities | 514,790 | 7,948 | 522,738 | 657,265 |
| Analysis ofsupport co | sts | ||||||
|---|---|---|---|---|---|---|---|
| Governance | |||||||
| costs | Total 2021 | Total 2020 | |||||
| f, | |||||||
| Auditor's remuneration |
7,680 | 7,680 | 7,860 | ||||
| General expenses | 158 | 158 | 164 | ||||
| Bank charges | 110 | 110 | 106 | ||||
| 7,948 | 7,948 | 8,130 | |||||
| Analysis ofgrants | |||||||
| 2021 | |||||||
| f. | |||||||
| Grants to institutions | |||||||
| Vyoel Moshe Charitable | Trust | 86,000 | |||||
| Alte Feiga Trust | 53,500 | ||||||
| Yetev Lev London Jerusalem | Trust | 52,000 | |||||
| Friends ofYeshiva Luzern | 33,000 | ||||||
| Congregation Vyoel Moshe D'satmer |
Charitable | Trust | 28,000 | ||||
| A T.I.M.E.Limited | 20,000 | ||||||
| Chevars Machzikei Mesitta | 20,000 | ||||||
| Ben Amram Charitable |
Trust | 18,600 | |||||
| Beis Aharon Trust Ltd | 18)000 | ||||||
| Bnos Zion D'Bobov Limited | 18,000 | ||||||
| The Bais Rochel Dsatmar Charitable | Trust | 15,000 | |||||
| United Talmudical Associates |
Ltd | 15,000 | |||||
| Satmar Kolel | 12,500 | ||||||
| Chevras Mo'oz Ladol | 10,000 | ||||||
| The Z.S.V. Trust | 10,000 | ||||||
| Bait Limud Vchesed | 10,000 | ||||||
| Other grants (below f,10,000) | 95,190 | ||||||
| Totalgrants | 514,790 |
| 10. | religion, All grants were paid from un Net gains on investments |
restricted funds. |
|||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| Revaluation ofShares in Subsidiary | 63,444 | 63,444 | 178,740 | 178,740 | |
| 11. | Staff costs |
| No trustees have been paid any remuneration or received an Trustee expenses have been incurred. Investments |
y other benefits from the Charity. No |
|---|---|
| Shares in | |
| group | |
| undertakings | |
| Fair value | |
| At 1 April 2020 |
6,865,830 |
| Additions | |
| Fair value movements | 63,444 |
| At 31March 2021 | 6,929,274 |
| Impairment | |
| At 1April 2020 and 31March 2021 | |
| Carrying amount | |
| At 31March 2021 | 6,929,274 |
| At 31 March 2020 | 6,865,830 |
| exemption Aggregate |
conferred capital |
by Section and reserves |
398Companies | Act 2006 are as | follows: | |||
|---|---|---|---|---|---|---|---|---|
| Capital aud | ||||||||
| Assets | Liabilities | Reserves | ||||||
| 8 | ||||||||
| Chartquote | Limited | 8,454,650 | (1,525,376) | 6,929,274 | ||||
| Profit/Loss | for the | year | ||||||
| Donations | to | |||||||
| Other | Parent | Net retained | ||||||
| Turnover | Expenditure | adjustments | Charity | Profit | ||||
| g | ||||||||
| Chartquote | ||||||||
| Limited | 643,264 | (134,031) | (41,789) | (404,000) | 63,444 | |||
| 14. | Debtors | |||||||
| 2021 | 2020 | |||||||
| Other debtors | 4,000 | 4,000 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Other creditors | 7,680 | 7,680 | |||||
| 16. | Analysis of | charitable | funds | ||||
| Unrestricted | funds | ||||||
| At I April | Gains and | At 31March | |||||
| 2020 | Income | Expenditure | losses | 2021 | |||
| Unrestricted | Funds | 6,981,193 | 504,000 | (522,738) | 63,444 | 7,025,899 | |
| At I April | Gains and | At 31 March | |||||
| 2019 | Income | Expenditure | losses | 2020 | |||
| Unrestricted | Funds | 6,789,718 | 670,000 | (657,265) | 178,740 | 6,981,193 |
| 17. | Analysis | ofnet as | sets between funds |
|||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | |||||
| Funds | 2021 | |||||
| Investments | 6,929,274 | 6,929,274 | ||||
| Current assets | 104,305 | 104405 | ||||
| Creditors | less than | I year | (7,680) | (7,680) | ||
| Net assets | 7,025,899 | 7,025,899 | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2020 | |||||
| Investments | 6,865,830 | 6,865,830 | ||||
| Current assets | 123,043 | 123,043 | ||||
| Creditors | less than | I year | (7,680) | (7,680) | ||
| Net assets | 6,981,193 | 6,981,193 | ||||
| 18. | Analysis ofchanges in net debt | |||||
| At | At | |||||
| I Apr 2020 | Cash flows | 31Mar 2021 | ||||
| f, | ||||||
| Cash at bank and in hand | 119,043 | (18,738) | 100,305 |