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2022-03-31-accounts

Page
Legal and administrative information
Directors'
and Trustees'
report
Independent
Examiner's
report
Statement offinancial activities
Balance sheet
Notes

Company Number: 01438829 (England &Wales)
Registered Charity Number: 279382
Director: Mr M Schwartz
Trustees: Mr M Schwartz
Secretary: Mrs H Schwartz
Registered Office: Brentmead
House
Britannia Road
London
N12 9RU
Accountant s: Leonard
Finn tk Co.Services Limited
Chartered
Accountants
Brentmead
House
Britannia Road
London
N12 9RU
Bankers: Barclays Bank Pic
Marble Arch Branch
127-131Edgware Road
London
W22HT

Total Total
Unrestricted Funds Funds
Funds 2022 2021
f.
Incoming
resources
Incoming Resources from generated funds:
Voluntary
income
495,131 495,131 478,589
Investment
income
61 61 56
495,192 495,192 478,645
Total incoming
resources
495,192 495,192 478,645
Resources expended
Charitable
activities
400,560 400,560 68,900
Costs ofgenerating funds 26,633 26,633 138,733
Governance
costs
5,245 5,245 5,]84
Total resources expended 432,438 432,438 212,817
Net resources 62,754 62,754 265,828
Unrealised
gains on
assets for charity use
Net movement
in funds
62,754 62,754 265,828
Reconciliation
of funds
2,314,933 2,314,933 2,049,105
Total funds brought forward
Total funds carried forward 2,377,687 2,377,687 2,314,933

STATEMENT OF R ECOGNISED GA INS AND LOSSE S
2022 2021
E F
Surplus/ (Deficit) for the year 62,754 265,828
Revaluation during the year
Total Recognised
Gains and Losses
62,754 265,828
relating to the year
Note 2022 2021
Tangible
fixed assets
Investment properties 1,846,863 1,846,863
Investments 10 197 197
1,847,060 1,847,060
Current
assets
Cash at bank 531,593 468,671
Creditors
Amounts
falling due within
one year 11 (966) (798)
Net current assets 530,627 467,873
Total assets less current liabilities 2,377,687 2,314,933
Net assets 2,377,687 2,314,933
Capital funds
Revaluation Reserve - Unrealised gain 12 ]]2,413 112,413
Unrestricted funds 2,265,274 2,202,520
Total funds 2,377,687 2,314,933

2. Voluntary Income
Voluntary Income is attributable to the principal activity ofthe companyarI is earned entirely
within
the
United Kingdom.
3. Investment Income & Gains
2022 2021
Interest 61 56
4. Incoming resources
2022 2021
Voluntary Income
Rent Receivable 240,131 236,589
Donations Received
255,000 242,000
495,131 478,589
Investment income
Interest 61 56
495,192 478,645
5. Charitable activities
2022 2021
Charitable donations paid 400,560 68,900

6. Costs ofgenerating funds
2022 2021
Ex enses incurred on investment Pro erties f
Letting Fee 2,004 2,241
Insurance 5,794 5,356
Repairs 18,667 130,968
Legal &Professional 168 168
Rates
26,633 138,733
7. Governance
costs
2022 2021
Audit &Accountancy
Bank Charges
fees 4,920
325
4,920
264
5,245 5,184
8. Trustee's
remuneration
The trustee neither received nor waived any emoluments during the year (2021 - fNil).
9. Tangible fixed assets
Tangible fixed assets
Investment
Properties
Cost or valuation:
At 1st April 2021 1,847,323
Addition
Disposal
At 31stMarch 2022 1,847,323
Depreciation:
At 1stApril 2021 460
Charge for the year
At 31stMarch 2022 460
Net book value:
At 31st March 2022
1,846,863
At 31st March 2021 1,846,863

10. Investments Investments 2022 2021
Holding in Lencity Limited - 100%holding 99 99
Holding in Arogol Limited - 100%holding 98 98
197 197

At f llidwithin oneear -
mouns ang ue y. 2022 2021
Director's Current Account 12,042 12,042
Accruals 10,924 10,756
Prepayments offal, (22,000) (22,000)
966 798
12. Revaluation reserve 2022
Balance at 1 April 2021 112,413
Balance at 31 March 2022 112,413