##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
##
##
##
|The key Suanc|ial perfannaace
mdicators u|sed by the gmup are as faHow|si|
|---|---|---|---|
|||2021f|2020|
|Grants and donations paid||2278,750|2,790,600|
|Net inveslmeat|income|3,446,095|2344,771|
|Net gains an investments||1,035323|1,647,555|
|Net movemem|in funds —surplus|2,665,187|2,154,621|
|Total Funds||71,688,024|69,022,$37|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|Unrestricted
Fends
f|Unrestricted Foads
f|
|Income and eadewmeals|from=||||||
|Donations sud legacies||||||18,000|
|Inveshneols|||||7,549,094|6,904,975|
|Other Income||||||5,190|
|Olher Trsdiag Activity|||||3,233,212|3,159,912|
|Total Income|||||10,782,306|10,0$8,077|
|Expeaditure oat|||||||
|Investment
Msoegcmeat Costs|||||4,102,999|4,660,204|
|Olher Trmhng Expmditme|||||2,218,030|2,024,477|
|Chsritsbte Acttvdies|||||2,349,082|2,854,946|
|Total Expendiitme|||||8,670,111|9,539,627|
|Gems and Losses onIaveshaenls|||||||
|(Loss)/Ptotit oaSaleofInvesnuent||Properties||12|(223.553)|31,055|
|Surphs on Revaluation of|||||||
|Investment Pmperhss|||||1,258,876|1,616,500|
|Net Gams oafav~|||||1,035,323|1,647,555|
|Net Income before Tar|||||3,147,518|2,196,005|
|||||13|(482,331)|(41,384)|
|Net Income forthe Yesr|aad||||||
|Net Movuaamt
ht.Fends||||14|2,665,187|2,154,621|
|Reeoncgiation ofFnndst|||||||
|Total Funds Brought Forward|||||69,022,$37|66,868,216|
|Total Fends Carried Forward|||||f71,688,024|I69,022,837|
|TheS~ofFinancial|Cttvtttm||includes all gains snd losses recognised ia the year.||||
##
##
|||||2021||2020|
|---|---|---|---|---|---|---|
|||Notes||f|||
|FIXEDASSETS|||||||
|Tangible Assets||15||184,118||199,132|
|Investment
Properties||16||122.143.500||121,850.500|
|||||122,327.618||]22.049,632|
|CURRENT ASSETS|||||||
|Debtors||18|6.382,694||5.924.430||
|Cash at Bank and on Deposit|||4302.052||3.184.065||
||||10,684,746||9.108.495||
|CRKDITORSt Amounts|falling||||||
|due within onc year||19|(2.670.250)||(3,477.606)||
|NiKT CURRENT ASSETS||||8.014,496||5.630,889|
|TOTAL ASSETS LESS|||||||
|CURRENT LIABILITIES||||130,342,114||127.680.521|
|CREDITORS: Amounts|falling||||||
|due after more than one year||20||(57,452.425)||(57.938.560)|
|Provisions for Liabilities|d Charges|22||(1201.665)||(719,124)|
|NET ASSETS||||671,688.024||F69,022,837|
|Thc funds ofthc charitable|||||||
|Group:|||||||
|Unrestricted
Funds||23||71,688.024||69.022,837|
|||||f71,688,024||f69,022.837|
##
##
|||||2021||2020|
|---|---|---|---|---|---|---|
|||Votes||||g|
|FLVKD ASSETS|||||||
|Tangible Assets||15||11.586||15.448|
|lnvestmcnt
propcrtics||16||73.715.500||7m550.000|
|lave. tmcnts||17||31,600,000||31.660,000|
|||||i05,327,086||105.225,448|
|CURRENT ASSETS|||||||
|Debtors||18|1,363,260||1325.648||
|Cash at Bank and on Deposit|||2.032.953||959.139||
||||3.396213||2,184,787||
|CREDITORSt Amounts|gtlling||||||
|due within one year||19|(1.617,022)||(3.674.542)||
|NET CURRENT|||||||
|ASSETS/(LIABILITIES)||||1,779.191||(1.489.755)|
|TOTAL ASSETSLESS|||||||
|CURRENT'LIABILITIES||||107.106o77||103.735.693|
|CREDITORS: Amounts|failing||||||
|due after more than one year||20||(35.418,180)||(34,734,950)|
|NKT ASSETS||||67L688.097||f69.000„743|
|The funds ofthe charitable|||||||
|Company:|||||||
|Unrestricted
Funds||23||71,688.097||69,000.743|
|||||X71,688.097||669,000,743|
##
##
|||2021|2020|
|---|---|---|---|
||Notes||5|
|Cash Bows from operagag acgvbiest||||
|Net cash used in oporatbR activities|25|(2,834,648)|(1,874,134)|
|Cash Saws from hrvsstbR acgvlttest||||
|Interest mceived||296,531|190,334|
|Net reabtl income received||5,702,383|5,077,222|
|Purchase ofbmgible Sxed assets
Purchase ofinvestmeat
pmperhm
Pmceeds Smn sale of~pmperties||(13,387)
(4,008,033)
4,750,356|(34,301)
(5,777,500)
180,055|
|Net cash provided by/(used ia)hnvesttag activibes||6,727,850|(364,190)|
|Cash Sown Sum Saancbrg acBvlgest||||
|Innsest paid||(2,090,786)|(2,472,511)|
|(bsscsse)8ncresm
in beak bmmwmgs
~(dememe)
in other Iosa creditors||(441332)
22,341|7,157,046
(202,186)|
|Increase in ogrer loan debbns||(222,487)|(599,846)|
|Net cash (used ta)/provided
hy Saaadag acBvtbes||(2,732,264)|3,882,503|
|Change ia cash aad cash~iathe year
Cash and cash~atdm~oftbe year||1,160,938
3,141,114|1,644,179
1,496,935|
|Cash aad cash~attbe ead efthe year|25|54,302,052|53,141,114|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|The fallowing donatiom were made duriag lhe year ended|The fallowing donatiom were made duriag lhe year ended|30September 2|
|---|---|---|
|Bsciphmts ofInsgtatianal
Grants|||
|Ziv Hakehilla||241,000|
|Laycshsrim
Tehilla||208,500|
|YadTomecM Lnizkak Batzafaa||121,000|
|BeerHa'olam||112,300|
|Melan Besser||104400|
|Ttorsbi Tzion Elit||70,000|
|Kupcn Tzdaka Leman Aniyei Eamal BetShamash||66,000|
|Amudei Ohm||65,000|
|Arucha tzuuna Bechol Yom||53,000|
|Yachsd Leman KolEchod V'echod||53,000|
|Lehava Shel Torah||49400|
|Meor HaTorcb||49,500|
|Ksraa Zichmn Sblamo Erelz Tisroel||44,000|
|Mnnsmahim
Chased uMarpck||44,000|
|Obr Cbana||44,000|
|Shasrei Tehilla||44,000|
|BneiBsnim Mosdot Tmah Vecbinuch||39,600|
|Tehigas Shlomo
Kerea Pmfessor EnricoV~Batya Levi
Yissochm Behohcha||38,500
36,000
36,000|
|BaeiHayesbivot||35,000|
|Mosdot Tora Vsdaat Jerusalem|sad BetShamash|35,000|
|PearAvot||33,600|
|Ataret Avot||33,000|
|BaitVasd Lelimad Vechat Chaim||33,000|
|Birhat Horai||33,000|
|HaMercaz hTgom Cbatzos
Hashutgm
Lmndei veTomchai Tarsb
Hilachdut
Sham Otam Bet~||33,000
33,000
33,000|
|KolHaCbiauch||33,000|
##
##
##
||FORTHE YEARENDED 30|FORTHE YEARENDED 30|FORTHE YEARENDED 30|FORTHE YEARENDED 30|SEFIEMBER2021||
|---|---|---|---|---|---|---|
||CRANTS AND DONATIONS(~||||||
||Recipients ofInstibstianal||Create||||
||Kollcl Yesbivss Yosef|Cbaim|||33,000||
||Mosdot baChinuch
baYerosbalmi||||33,000||
||PaciYitzchak||||33,000||
||Pninei Torah||||33,000||
||Sbsarei Limud||||33,000||
||Yachad Besirochs||||33,000||
||Meomt Zvi||||28,000||
||Match Ahamn||||27,000||
||British Friends ofRies|tAhamn|||26,000||
||Anachnu
Velzeitzainu||||22,500||
||Cbaim Vuchesed Organisation||||18,000||
||Priends ofMosdos Tmah||||18,000||
||Reshet Mosdot Baluayot Hadatiyot||||18,000||
||Aguda Lehacbzamt
Torah Veyhados|||Laan|13,500||
||Cbasei Dov||||13,500||
||BeisHillel||||12,000||
||lgud Halmllegm||||10,000||
||Other donatioas (belaw|f10,000)|||~58,500
20Q50||
||||||2+78,750||
|10.|ANALSYIS OFGOVERNANCE|||COSTS|||
||||||2021f|2020|
||Auditor's
rennrncrrdion||||51,000|49,000|
||Bookkeeping fees||||4,358|3,307|
||Bank charges||||1,534|700|
||Legal and pmfessronal|fees|||13,370|6,163|
||Geaeml expeases||||70|5,176|
||||||70,332||
##
##
##
##
##
|11.|STAlrg COSTSANII E|MOLUMENTS|||
|---|---|---|---|---|
||||2021|2020|
||The aggregam paymll costs for the Gmup vrmm||Unrestricted
f|Funds
f|
||Wages aad salaries
Social~||2,056,822
155,805|1,827,402
123,719|
||||~12,627|1,951,121|
||The average number ofslaff employed by the Gmup during the Bnaneial year amounted to:||||
||||2021|2020|
||Number ofnursing
sbdX
Number ofa~e shdf||80
15|80
10|
||Number ofmanagement|sbdf|5|6|
||||100||
|12.|(LOSS)/PROFIT ON SALE Olr INVESTMENT PROPERTIES||||
||||2021|2020|
||||Unrestricterl|Fonda|
||Net sale pmceeds||4,750,356|180,055|
||Bookvalue ofproperties|sold|(4,973,909)|(149,000)|
||||(223,553)|31,055|
##
##
##
##
##
|The tax assessed on tbe net inco
of 19'Yo(2020:19'Yi).|me forthe year islow|er gum the standard rate ofcmp|matioa
tax in t|
|---|---|---|---|
|||2021|2020|
|||Unrestricted
f|Fonda
f|
|Net income before tax||3,147,518|2,196,005|
|Net inaane by rate oftar
Income aed gams~gunn|tsx|598,028
(136397)|417,240
25,826|
|Expeosm uot deductible
for em||2,345||
|Etfectofcspilal allowance aad|depreciation|(1,505)|(1,090)|
|Impact ofchange ia bor.rate||227,090||
|Timing ditfcauute cnanrealised|gains|135,946|(61,139)|
|Unused tsx losses cerned forwanl||2,167||
|Timing dithmmce ongilt aid||(365,469)|(332,633)|
|Effectofindexation
on sale ofinvestmeuts||39,788|(3,620)|
|Other diffcrencm||(19,762)|(3300)|
|Tambon charge||482,331|41,384|
##
##
##
##
##
##
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||llhrtor||
||||Vchklesf|Totalf|
|Cost|||||
|At 1October 2020|433,320|42,871|50,422|526,613|
|Additions|7,362|6,025||13,387|
|At 30September 2021||48,896|50,422||
|Delnacbagan|||||
|At 1October 2020|286,$27|25,129|15,525|327,481|
|Charge forSmYear|15,242|4,435|8,724|28,401|
|At 30September 2021||29464|24,249|355,$82|
|Net BookValse|||||
|At 30September 2021|13$,613|19332|26,173|184,118|
|At 30September 2020|146,493|17,742|34,$97|199,132|
|THE CObjIPANY|||||
|Cost|||||
|At 1October 2020 and st30September 2021||||40,490|
|Iteprestarts n|||||
|Al 1October 2020||||25,042|
|Cbarge fcrdm Year||||3,862|
|At 30Sop@saber 2021||||28,904|
|Net BookVabre|||||
|At 30September 2021||||11,586|
|At 30September 2020||||15,448|
##
##
##
##
##
##
##
##
##
|A smnmary ofturnover aad p|rogt or loss|for the year is sho|wn bdow for each|subsidiary
ma|lertaldng:|
|---|---|---|---|---|---|
||||Nst Pragtl
(L m)(~
t~C f||Net Praghr
(Lam)
f~sr
ear
6|
|ClaadpremLtd|311221|60P14|58,732|{50,000)|8,732|
|Barhms Ltd
Nmsara Ltd
Obnm Ltd~Qae(~Lhl
(~Ltd
Smsrt Mart&a&ephsrmmLld
Taltm thsmrrm Park Ltd
The Mare Crane(~Ltd
Vreaples Ltd|30.0921
30.0921
30.0921
3031921
30.0921
30.0921
31.1221
3031921
30.0921|171,781
lP&8,798
3233212
233,545|53P39
12815P&2
63&Pl&
96,7ISI
731
(2235)
(5,742)
(779P&4)|(75,000)
(5&tk,ll00)
(720,000)|(21P61)
IP95P&2
(89P90)
96,700
731
(2235)
(5,742)
(trt64P&4)|
|Weymer Ltd|30.0921|||||
|Tbe assets, liabiTities, capital|and reserves|ofthe sobsidiary|norlerlaldngs
are asfollows:|||
|CtaadpomLtd|31.1221|?P08,668|(1,7S6P16)|521,722||
|Harhms Ltrl
Nomen Ltd
Olaam Lhl~Care(~Ltd
~Care Services
(~Ltd
&mmt~Pheon Ltd
Taltm Basmess Pmk Ltd
The hscre Ccshe(~Ltd
Vreophn Ltd|30.0921
30.0921
30.0921
30.0921
30.0921
30.0921
31.12?1
30.0921
30.0921|?P17,185
18253,$35
34,$31,076
71&,756
2P37+60
lP1?P&2
14,411
6,46?„660|(1,753P06)
(14,799P49)
(9P05P31)
(614,715)
(316)
(2P30P?0)
(121292)
(241PSS)
(5P13,102)|764,179
3,453,866
25'r25rt45
104,041
(316)
7290
1,476P90
(226,977)
1,119,558||
|Weymer Lhl|30.0921|158P02|(174,126)|(16,124)||
##
##
##
##
|||I~he G||The|CsnngalH|
|---|---|---|---|---|---|
|Bank Loans sad~
Amounts
owed to
GroupU~|2021
f.
426,731||2020
I
402,538|2021
f
617,996|2020
0
33,999
1,92&222|
|Rent and Service Charges||||||
|in Advance|621,$04||471,607|362,53$|239,713|
|Taxation md Social Security|256,519||243,990|106,$20||
|Other Creditors||||||
|snd Accruals|1,365,196||2,359,471|529,668|1,472,608|
||2,670,250||3,477,606|1,617,022|3,674,542|
##
##
##
##
##
|basis that all sech gains will be applied fm chaitab|te purposes.|
|---|---|
|UNRSSTRICTF3I FUNDS||
|The Group||
|Bshnce at 1October 2020|69,022,837|
|Tolal Income for the year|10,782,306|
|Tolal Pxpsrutibxe
for the year
Net Gams oa~|(8,670,111)
1,035,323|
||(482331)|
|Balance at 30September 2021|71,688,024|
|The Company||
|Balance at 1October 2020|69,000,743|
|Tohl Income fortbeyear|6,799,009|
|Tolal Bxpcrutttum fortbeyear|(4,667,414)|
|Net Gams an Investnumls|555,759|
|Balance at30September 2021|71,688,097|
##
##
##
|FINANCIAL INSTRUMENTS|||||
|---|---|---|---|---|
|||I~heG
The||CompsiH|
||2021
f||2020
f
2021|2020f|
|Financial asseS
rernuned etfair salrre
through arrests aud esperuhterc=
Unlisted~(Note 17)|||31,600,000|31,660,000|
|Fiumrcurl assets areesursd et|||||
|rest|||||
|Debtors (Note 18)|6,382,694||5,924,430
1,363Q60|1,225,64S|
|Financial ihslrYshcr measured at|||||
|cast|||||
|Creditors (Notes 19A20)|60,122,675||61,416,166
37,035402|38,409,492|
|NOTES TO THE CONSOLIDATEII STA1KMEFK||OFCASH PLOWS|||
|Heconrdthrtton
ofnetincome toaet cash Sorr from o||ars|scttsildm||
||||2021|2020f|
|Net iammc for the year|||2,665,187|2,154,621|
|Adjustment
fm=|||||
|Depreciation|||28,401|25,522|
|Inmrest receivable|||(302,687)|(216,647)|
|Net reseal iacome receivable|||(5,702,383)|(5,077,222)|
|interest payable|||1,956,037|2,434,848|
|Tsxation|||482,331|41,384|
|Gains on investment
assets|||(1,035,323)|(1,647,555)|
|Uncreme)rdecresse
in debtors|||(229,621)|977,524|
|Decrease in creditors|||(696,590)|(566,609)|
||||(2,834,648)|(1,874,134)|
|Taspaid|||||
|Net cash used ia operating acSridra|||f(2,834,648)|f(1,874,134)|
##
##
##
##
|NOTES TO THE C|ONSOLIDA|TEDS|A~ OF CA|SH FLOWS||
|---|---|---|---|---|---|
|afcmb sad|cmb|Is||||
|||||2021f||
|Cash atbank aad m hand||||4,302,052|3,184,065|
|Bask avmdndh|||||(42,951)|
|Total cash and cash|ipdvetmts|||4,302,052|3,141,114|
||||At 1||At 30|
||||October||September|
||||2020||2021|
||||f.||f.|
|Cash and cash equivalents
Bank~|||3,141,114
(58,054,892)|1,160,938
441,332|4,302,052
(57,613460)|
|Loan debtors|||3,305,669|222,487|3,528,156|
|Luau creditors|||(243255)|(22,341)|(265,596)|
||||(5L$51364)|1,802,416|(50,048,948)|
|COMMITMKNTS UNDER OPERATINC|||LEASES|||
|As Lessee=
At the Balaace Sheet|date, future|nduhmm|lease~payable by the gmup||under nun-caacollabl|
|bmses were|as follows:|||||
||||||Z020|
||||||f.|
|Within one year||||424,218|382,308|
|ln two to Sveyaus||||1,696,874|1,529,231|
|Morc tbsn Sve years||||44,182,138|39,966,585|
|||||46,303,230|41,878,124|
##
##
##
##
##
|At tbe llalaace Sheet date, futme mmmmm
leases warn as follows:|lease paymeats
payable
to the gmup
u|ader non-caacellab|
|---|---|---|
||2021f||
|Within one year|3,812,713|3,$88,762|
|ln two to five years|10,317,425|11,15$,099|
|More than gve years|14,831,813|15,655,549|
||28,961,951|30,702,410|
##
##
##
##
##
||||2021
Unresbicted
Fends|2020
U~ Funds|
|---|---|---|---|---|
||||8||
|Income and eadmnnents|front=||||
|Donations aud legacies|||2,030,000|2,196,000|
||||4,769,009|4,215,028|
||||6,799,009|6,411,028|
|Expeaditure oa:
InvesbnentM~ Costs|||2,318,332|2,611,438|
|Charitable Acfivifics
Grants and Donations
~Costs|||?„278,750
70,332|2,790,600
64,346|
|Total Espeaditare|||4,667,414|5,46M 84|
|Gobss and Losses on Investments|||||
|Loss on SaleofInvesbnent|Pmperties||(14,142)||
|Surplus on Revaluatiou ofInvestment
Properties
(Deficit)/Surplus
on Rcvaluafion ofSubsidiary Und~|||629,901
(60,000)|1,097,432
70,000|
|Net Gams oa invasbssenh|||555,759|1,167,432|
|Net Income for the %ear|and||||
|Net Movements ofFnads|||2,687,354|2,112,076|
|Tohl Funds Brought Forvuud|||69,000,743|66,S88,667|
|Tubal Fends Carried Forvuad|||71,688,097|69,000,743|
##
##
##
##
|||||2021||2020|
|---|---|---|---|---|---|---|
|||||6|||
|Reals and|Charges Receivable|||4,768,989||4,214,673|
|Deduct: Pmperty outgoiags|||||||
||||346,061||279,686||
||||95,564||87389||
|Light and|Bmt||211,180||271,308||
|Porterage|aad Cleaning||30,302||54,028||
|tnsmance|||73416||120,891||
|Service Charges|||20386||24,167||
||||51rt27||68,350||
|Legal and|Pmfessional|Charges|61rt97||34,885||
|Mmtagemeut
Commission|||294 rt25||276,498||
|Lethng Fees
on —Pumitme||tbE~|3,S62||9,029
5,149||
|||||(1,219,141)||(1,295WS)|
|||||3,549,848||2,919,205|