## ## ## ## ## ## ## ## ## ## ## # ## # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||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| ## |||||Group||Charity|Charity| |---|---|---|---|---|---|---|---| |||||2022|2021|2022|2021| ||||||||6| ||||Notes||||| |FIXEDASSETS|||||||| |Investment
properties|||14|15,475461|15,265,635|15,195,261|14,985,635| |Investment
in subsidiary|||14|||477,971|479,633| |||||15,475/61|15,265,635|15&673/32|15,465,268| |CURRENT ASSETS|||||||| |Debtors|||15|176,403|302,333|176,403|302,333| |Investments|||15|10,000|14,166|10,000|14,166| |Cash at Bank and in hand||||1,523,181|1,860,651|1,519,137|I 854945| |||||1,709484|2,177,150|1,705440|2,171,444| |LIABILITIES|||||||| |Creditors
falling
due|within|one|16|(393,591)|(402,672)|(634&518)|(643,599)| |year|||||||| |NKT CURRENT ASSETS||||1,315,993|1,774,478|1,071,022|1,527,845| |TOTAL ASSETSLESS|||||||| |CURRENT LIABILITIES||||16,791,254|17,040,113|16,744,254|16,993,113| |PROVISIONS FOR|||17||||| |LIABILITIES&CHARGES||||(47,000)|(47,000)||| |NET ASSETS||||16,744454|16,993,113|16,744,254|16,993,113| |FUNDS|||||||| |TOTAL CHARITY FUNDS|||18,19|16,744454|16,993,113|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| ## ## ## ## |9.|ANALYSIS|OF SUPPORT C|OSTS||| |---|---|---|---|---|---| |||||Total 2022|Total 2021| ||Governance|costs||17,400|17,400| |10.|NET MOVEMENT IN FUNDS||||| ||This is stated|after charging:|||| |||||Total 2022|Total 2021| ||Auditor's
Remuneration|||17,400|17,400| ||Amortisation|ofshort leasehold|properties|66,755|66,755| ## ## ## ## ## ## |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|| ## ## ## ## ## |||||~Grou|||Charith|| |---|---|---|---|---|---|---|---|---| ||||2022||2021|2022||2021| |||||||g||| |Programme|related|investments|10,000||14,166|10,000||14,166| ## ## ||||||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|$643,599| |17.|PROVISION FORLIABILITIES||||||| ||The movement
in the|deferred tax provision||during the year was:|||| ||Group —Investment|Property|||||| |||||||2022|2021| ||Balance at 1July 2021|||||47,000|47,000| ||Charge for the year||||||| ||Balance at 30June|2022||||47,000|47,000| ## ## ## ## |FUNDS|| |---|---| |~Grou|| ||Funds| ||16,993,113| |Balance at 1 July 2021|| |Net deficit for the year|(248,859)| |Loss on investments|| |Balance as at 30June 2022|16,744,254| |Charith|| ||Funds| ||16,993,113| |Balance at 1 July 2021|| |Net deficit for the year|(247,197)| |Loss on investments|(1,662)| |Balance as at30June 2022|16,744,254| ## ## ## |19.|ANALYSIS OFNET A|SS|E|TS BET|WEEN FUNDS|||| |---|---|---|---|---|---|---|---|---| |||||||Net||| ||||||Fixed|Current||| ||Group||||Assets|Assets|Provisions|Total| ||Unrestricted
Income Funds||||15,475,261|1,315,993|(47,000) 16,744,254|| ||||||||Net|| |||||||Fixed|Current|| ||Charity|||||Assets|Assets|Total| ||Unrestricted
Income Funds|||||15,673,232|1,071,022|16,744,254| |20.|NOTES TO THE CONSOLIDATED STATEMENT OF|||||CASH FLOWS||| ||Reconciliation ofuet income||o|net cash|flow from o eratin
activities|||| |||||||2022||2021| ||Net income for the year|||||(248,859)|(158,689)|| ||Adjustment
for:|||||||| ||(Gain)/Loss
on investment|property||||(296,722)||| ||Interest receivable|||||(1,275)||(238)| ||Net rents receivable|||||(1,011,095)|(1,062,788)|| ||Proceeds from sale of investment|||property||||(14,285)| ||Loan converted to donation|||||||5,000| ||(Increase)/Decrease
in debtors|||||59,231||16,667| ||Increase/(Decrease)
in creditors|||||(9,081)||(510)| ||Net cash used in operating|activities||||(1,507,801)|(1,214,843)|| ## ## ||NOTES TOTHE FINANCIAL|NOTES TOTHE FINANCIAL|STA|TEMENTS|| |---|---|---|---|---|---| ||FORTHK YEAR ENDED||30JV|2022|| ||Cash flows from lnvestin|activities|||| ||Interest received|||1,275|238| ||Rents received|||1,14$,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|