2022-06-30-accounts - Entindale Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		2022	2021
		Total	Total
	Notes
INCOME AND ENDOWMENTS
Donations and Legacies Investment Income		251,048 1417,096	483,800 1,402,676
TOTAL INCOME		1,568,144	1,886,476
EXPENDITURE
Expenditure on Raising Funds: Investment Management Costs	6	(371,481)	(406,405)
Expenditure on Charitable Activities	7/8	(1,742444)	(1,653,045)
TOTAL EXPENDITURE		(2&113&725)	(2 059&450)
Net valuation gain on investment property		250,000
Net gains on disposal of investment	assets	46,722	14,285
NET INCOME BEFORE TAXATION		(248,859)	(158,689)
Taxation
NET INCOME AND		(248,859)	(158,689)
NET MOVEMKNT OF FUNDS
RECONCILIATION OFFUNDS
Unrestricted funds Brought Forward		16,993&113	17,151,802
TOTAL FUNDS CARRIED FORWARD		16,744,254	16,993,113

				2022	2021
			Notes
Cash flows from operating Net cash used in operating	activities: activities		20	(1,507,801)	(1,214,843)
Cash flows from investing activities: Net cash provided by investing activities				1,170,331	1,046,821
Cash flows from financing	activities:
Net cash provided by financing activities
Change in cash and cash equivalents		in the year		(337,470)	(168,022)
Cash and cash equivalents	at the beginning ofthe year			1,860,651	2,028,673
Cash and cash equivalents	at the end	ofthe year	20	SL523,181	K1,860,651

				Total Funds	Total Funds
				2022	2021
	Rents and charges receivable			1415,821	1,402,438
	Interest receivable			1,275	238
				f1417,096	E1,402,676
6.	INVESTMKNT MANAGEMENT		COSTS
				Total Funds	Total Funds
				2022	2021
	Investment	property
	management	costs		%371,481	&l06,405

EXPEND	ITURE ON CHARI	TABLE ACTIVITIES BYFUND TY	PE
		Total Funds	Total Funds
		2022	2021
Donations	paid	1724 844	1,635,645
Support costs		17,400	17,400
		R1,742&244	K1,653,045

EXPENDI	TURE ON C	HAtuTABLK ACTIV	ITIES BYAC	TIVITY TYPE
		Grant
		Funding	Support	Total Funds	Total Funds
		Activities	Costs	2022	2021
		g	g
Donations Governance	paid costs	1,724,844	17,400	1&724,844 17,400	1,635,645 17,400
		%1,724,844	g17,400	g1,742,244	61,653,045

Keren HaBinyan Limited Kids Care London	180,000 57,924
Achisomoch Aid Co.Limited	50,200
Rowanville Limited	50,000
Tchabe Kollel Limited	50,000
Other donations less than f50,000	1,336,720
Totaldonations	%1,724,844

INVESTMENT PRO	PERTIES
	Freehold	Long leasehold		Short leasehold		Total
		Interest
~Grou
Cost/valuation	14,251,322	405,000		923,448		15,579,770
At 1 July 2021
Additions	476,381
Disposals	(450,000)
Revaluation	250,000
At 30June 2022	14,527,703		405,000	f923,448		15,579,770
Amortisation
At 1 July 2021				f314,135		8314,135
Charge for the year				66	755
At 30June 2022				f380,890		f314,135
Net book value
At 30June 2022	~4~7703		~4			15aITS,2tiI
At 30June 2021	~2~13			~609	13	~~56'j5
The historical cost ofthe freehold and long		leasehold	properties	at 30 June	2022 is K14,611,230
(2021:f14,584,849)and f542,558 (2021:$609,313)respectively.

Charith	Investment	Subsidiary	Total
	Properties	undertaking
	g
Cost/valuation
At 1 July 2021	15,299,770	479,633	15,779,403
Additions	476,381		476,381
Disposals Revaluation	(450,000) 250,000	(1,662)	(450,000) 248,338
Net assets
At 30June 2022	15,576,151	477,971	16,054, 122
Amortisation
At 1 July 2021 Charge for the year	314,135 66,755		314,135 66,755
Amortisation on disposal
At 30June 2022	380,890		f380,890
Net book value
At 30June 2022
At 30June 2021	04~985	~f47	5~14~8

	registered addre	ss is 64	ss is 64	Ballards La	Ballards La	ne, Londo	n N3 2BU.	n N3 2BU.
	The aggregate	amount		ofassets,		liabilities	and funds ofthe subsidiary		undertaking		are as
	follows:
							2022			2021
								8
	Investment income						2,538	5,939
	Property letting
	Administration					(4,200)		(4,200)
	Profit on disposal		ofinvestment		property			11,599
	Net profit/(loss)		for the	year			(1,662)			13,338
	Deferred taxation
	Net (loss)/profit									K13338
	Assets and liabilities
	Fixed Assets						280,000			280,000
	Current Assets						247,971			249,633
	Current Liabilities						(3,000)			(3,000)
	Provision for liabilities			and charges			~47	000		{447000
	Net Assets									K~47
15.	DEBTORS
							~Grou			Charith
						2022	2021	2022			2021
									8
	Other debtors and prepayments					176,403	302,333	176,403		302,333

					G~rou		Charith
			2022		2021	2022	2021
	VAT				14,967		14,967
	Other creditors and accruals		393,591		387,705	634,518	628,632
			f393,591		f402,672	f634,518	$643,599
17.	PROVISION FORLIABILITIES
	The movement in the	deferred tax provision		during the year was:
	Group —Investment	Property
						2022	2021
	Balance at 1July 2021					47,000	47,000
	Charge for the year
	Balance at 30June	2022				47,000	47,000

19.	ANALYSIS OFNET A	SS	E	TS BET	WEEN FUNDS
						Net
					Fixed	Current
	Group				Assets	Assets	Provisions	Total
	Unrestricted Income Funds				15,475,261	1,315,993	(47,000) 16,744,254
							Net
						Fixed	Current
	Charity					Assets	Assets	Total
	Unrestricted Income Funds					15,673,232	1,071,022	16,744,254
20.	NOTES TO THE CONSOLIDATED STATEMENT OF					CASH FLOWS
	Reconciliation ofuet income		o	net cash	flow from o eratin activities
						2022		2021
	Net income for the year					(248,859)	(158,689)
	Adjustment for:
	(Gain)/Loss on investment	property				(296,722)
	Interest receivable					(1,275)		(238)
	Net rents receivable					(1,011,095)	(1,062,788)
	Proceeds from sale of investment			property				(14,285)
	Loan converted to donation							5,000
	(Increase)/Decrease in debtors					59,231		16,667
	Increase/(Decrease) in creditors					(9,081)		(510)
	Net cash used in operating	activities				(1,507,801)	(1,214,843)

	NOTES TOTHE FINANCIAL	NOTES TOTHE FINANCIAL	STA	TEMENTS
	FORTHK YEAR ENDED		30JV	2022
	Cash flows from lnvestin	activities
	Interest received			1,275	238
	Rents received			1,14$,715	1,032,298
	Proceeds from sale of investments			496,722	14,285
	Purchase ofinvestments			(476,381)
	Net cash used in investing	activities		1,170,331	1,046,821
	Cash flows from flnancin	activities
	Increase/(decrease) in Loan creditors
	Net cash used in investing	activities
	Net decrease in cash and	cash equivalents		(337,470)	(168,022)
	Cash and cash equivalents	at beginning ofyear		1,$60,651	2,028,673
	Cash and cash equivalents	at end ofyear		1,523,181	1,860,651
21.	ANALYSIS OF CHANGES IN NET DEBT
				At	At
			I Jul 2021 Cash flows 30Jnn 2022
	Cash at bank and in hand		1,860,651 (337,470)		1,523,181

			Unrestricted Funds
INCOMING RESOURCES
Donations			251,048
Investment income			1,311,180
Interest receivable			1,272
TOTAL INCOMING RESOURCES			1,563,500
RESOURCES EXPENDED
Investment management charges			(369,375)
Expenditure on charitable activities			(1,738,044)
TOTAL EXPENDITURE			(2,107,419)
Profit on disposal of investment	property		46,722
Net valuation gain on investment	property		250,000
Gain/(Loss) on investment in group undertakings			(1,662)
Net Expenditure and Net Movement		in Funds	(248,859)
Total Funds Brought Forward			16,993,113
Total Funds Carried Forward			16,744,254