2021-03-31-accounts - Hurdale Charity Limited

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					PAGES
Trustees'	Annual Report incorporating		the	Director's Report)	1to 4
Independent Auditor's		Report tothe Members			5to 10
Statement	ofFinancial	Activities Ilncluding		Income and Expenditure
Account)
Statement	ofFinancial	Position			12
Statement	ofCash Flows				13
Notes to	the Financial	Statements			14to23

				2021	2021	2020
				Unrestricted
				funds	Total funds	Total funds
			Note
Income and endowments
Donations and legacies			5	500,000	500,000
Investment income			6	1,985,255	1,985,255	2,147,199
Total income				2,485,255	2,485)255	2,147,199
Expenditure
Expenditure on raising funds:
Investment management		costs	7	(118,104)	(118,104)	(185,237)
Expenditure on charitable	activities		8,9	(1,835,032)	(1,835,032)	(2,134,874)
Total expenditure				(1,953,136)	(1,953,136)	(2,320,111)
Net gains/(losses) on investments			12	439,190	439,190	(11,622)
Net income/(expenditure)	and net movement		in funds	971,309	971,309	(184,534)
Reconciliation offunds
Total funds brought forward				29,650,573	29,650,573	29,835,107
Total funds carried forward				30,621,882	30,621,882	29,650,573

YEAR	ENDED 31MARCH 2021
		2021	2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income/(expenditure)		971,309	(184,534)
Adj ustments for:
Net gains/(losses) on investments		(439,190)	Il,622
Dividends, interest and rents from investments		(1,985,255)	(2,147,199)
Interest payable and similar charges		84	124
Accrued expenses		600	960
Payment for expenditure on investment	properties	118,020	185,113
Changes in:
Trade and other debtors		2	200,000
Trade and other creditors		(786,382)	(345)
Cash generated from operations		(2,120,812)	(l,934,259)
Net cash used in operating activities		(2,120,812)	(1,934,259)
CASH FLOWS FROM INVESTING	ACTIVITIES
Dividends, interest and rents from investments		1,647,010	2,180,656
Proceeds from sale ofother investments		25,250
Payment for expenses on investment properties		(155,257)	(175,432)
Net cash from investing activities		1,517&003	2,005,224
CASH FLOWS FROM FINANCING	ACTIVITIES
Repayments ofloans from group undertakings			(100)
Interest paid		(84)	(124)
Net cash used in financing activities		(84)	(224)
NET (DECREASE)/INCREASE IN CASH AND CASH
EQUIVALENTS		(603,893)	70,741
CASH AND CASH EQUIVALENTS	AT BEGINNING OF YEAR	2,791,030	2,720,289
CASH AND CASH EQUIVALENTS	AT END OFYEAR	2,187,137	2,791,030

			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
Interest payable and		similar charges	84	84	124	124
Investment costs	property	management	118,020	118)020	185,113	185,113
			118,104	118,104	185,237	185,237

EXPEN	DITURE ON CH	ARITABLE ACTIVITIE	S BYFUND T	YPE
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
Grants	paid	1,799,200	1)799,200	2,090,200	2,090,200
Support	costs	35,832	35,832	44,674	44,674
		1,835,032	1,835,032	2,134,874	2,134,874

Achisomoch Aid Company	Achisomoch Aid Company		35,000
Amud Hatzdokoh Trust			101,000
British Friends ofTiferes	Chaim		40,000
Chasdei Aharon			30,000
Forty Limited			50,000
Friends ofBeis Chinuch	Lebenos		55,000
Greenline Foundation			130&000
Kollel Viznitz			25,000
Moundfield Charities Limited			340,000
Springfield Trust Limited			315,000
UK Gives Limited			35,000
United Torah Association			58,000
Wlodowa Charity &Rehabilitation		Trust	65,000
Yad Eliezer Trust			33,600
Yankov Charitable Trust			60,000
Yeshiva Gedola Torah Veyira			100,000
Other Donations less than 625,000			326i600
			1,799,200

								2021	2020
Fees	payable	for	the	audit	ofthe	financial	statements	12,600	12,000

No remuneration or other benefits from empl received by the trustees. No trustees expenses have been incurred. INVESTMENTS	oyment with the chari	ty or a related	entity were
	Listed	Investment
	investments	properties	Total
Cost or valuation
At 1 April 2020	12,464	28,306,413	28,318,877
Additions
Fair value movements		410,000	410,000
Other movements	3,940		3)940
At 31March 2021	16,404	28,716,413	28,732,817
Impairment
At I April 2020 and 31March 2021
Carrying amount
At 31March 2021	16,404	28,716,413	28,732,817
At 31 March 2020	12,464	28,306,413	28,318,877

CREDITORS	: amou	nts falling due within one y	ear
			2021	2020
Accruals and deferred		income	315,949	450,975
Social security	and other taxes		53,120	132,660
Other creditors			1,134,489	1,866,301
			1,503,558	2,449,936

													Unrestricted	Total Funds
													Funds	2021
	Investments												28,732,817	28,732,817
	Current assets												3,392,623	3,392,623
	Creditors	less	than	I	year								(1,503,558)	(1,503,558)
	Net assets												30,621,882	30,621,882
													Unrestricted	Total Funds
													Funds	2020
	Investments												28,318,877	28,318,877
	Current assets												3,781,632	3781 632
	Creditors	less	than	I	year								(2,449,936)	(2,449,936)
	Net assets												29,650,573	29,650,573
22.	FINANCIAL		INSTRUMENTS
	The carrying		amount		for each	category offinancial				instrument		is as follows;
													2021	2020
													8
	Financial	assets that are debt instruments							measured		at amortised		cost
	Financial	assets that			are debt instruments			measured		at	amortised
	cost												1405,486	990,602
	Financial	liabilities			measured		at amortised		cost
	Financial	liabilities		measured		at	amortised	cost					1,503,558	2,449,936

ANA	LY	SIS	OF	C	HANGES IN NET	DEBT
							At		At
						1	Apr 2020	Cash flows	31Mar 2021
Cash	at	bank	and	in	hand		2,791,030	(603,893)	2,1879137