2021-06-30-accounts

				Page
Reference and Administrative		Details ofthe Company,	its Trustees and Advisers
Trustees' Report				2-4
Independent	Auditor's Report	on the Financial Statements		5-8
Consolidated	Statement ofFinancial Activities
Consolidated	Balance Sheet			10
Company Balance Sheet
Consolidated	Statement ofCash Flows			12
Notes tothe	Financial Statements			13-22

Trustees		D Tannen
		MI Tannen
		DA Tannen
		J M Miller
Company	registered
number		01477534
Charity registered
number		279476
Registered	office	Sutherland	House
		70-78West Hendon		Broadway
		London
		NW9 7BT
Company	secretary	J M Miller
Auditors		Melinek Fine LLP
		Chartered	Accountants
		Statutory Auditors
		Winston House
		349Regents Park Road
		London
		N3 1DH
Bankers		Barclays Bank Plc
		1 Churchill	Place
		Canary Wharf
		London
		E145HP

					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
				Note	E	E	F
Income from:
Donations and legacies				5	28,665	28,665	323,026
Investments				6	1,737,599	1,737,599	1,954,839
Total income					1,766,264	1,766,264	2,277,865
Expenditure on:
Raising funds				7	1,053,537	1,053,537	1,159,038
Charitable activities					216,913	216,913	273,124
Total expenditure					1,270,450	1,270,450	1,432,162
Net income for the year and		movement	in funds
before other recognised	gains/(losses)				495,814	495,814	845,703
Other recognised gains/(losses):
Gains/(losses) on revaluation		offixed assets			219,044	219,044	(2,175,000)
Net movement in funds					714,858	714,858	(1,329,297)
Reconciliation offunds:
Total funds brought forward					15,133,491	15,133,491	16,462,788
Net movement in funds					714,858	714,858	(1,329,297)
Total funds carried forward					15,848,349	15,848,349	15,133,491

					2021		2020
			Note		F		F
Fixed assets
Investment property			14		25,013,900		24,794,856
					25,013,900		24,794,856
Current assets
Debtors			15	566,219		586,198
Cash at bank and	in hand			4,653,906		5,004,091
				5,220,125		5,590,289
Creditors: amounts	falling due within one
year			16	(597,900)		(668,739)
Net current assets					4,622,225		4,921,550
Total assets less	current liabilities				29,636,125		29,716,406
Creditors: amounts than one year	falling due after more		17		(13,787,776)		(14,582,915)
Net assets excluding		pension asset			15,848,349		15,133,491
Total net assets					15,848,349		15,133,491
Charity funds
Unrestricted funds			18		15,848,349		15,133,491
Total funds					15,848,349		15,133,491

				2021		2020
		Note		f.
Fixed assets
Investments		13		181,902		181,902
Investment property		14		18,060,000		18,592,277
				18,241,902		18,774,179
Current assets
Debtors		15	1,928,559		2,024,497
Cash at bank and	in hand		2,519,722		2,841,942
			4,448,281		4,866,439
Creditors: amounts	falling due within one
year		16	(1,286,537)		(1,423,868)
Net current assets				3,161,744		3,442,571
Total assets less	current liabilities			21,403,646		22,216,750
Creditors: amounts	falling due after more
than one year		17		(11,213,776)		(11,981,915)
Total net assets				10,189,870		10,234,835
Charity funds
Unrestricted funds				10,189,870		10,234,835
Total funds				10,189,870		10,234,835

						2021	2020
					Note	F	E
Cash flows from operating		activities
Net cash used in operating	activities				19	1,180,263	1,686,599
Cash flows from investing		activities
Purchase oftangible fixed assets							(125,780)
Net cash provided by/(used		in) investing		activities			(125,780)
Cash flows from financing		activities
Repayments of borrowing						(756,198)	(423,718)
Interest payable						(774,250)	(804,771)
Net cash used in financing		activities				(1,530,448)	(1,228,489)
Change in cash and cash	equivalents		in	the year		(350,185)	332,330
Cash and cash equivalents	at the beginning			ofthe year		5,004,091	4,671,761
Cash and cash equivalents		at the end of		the year	20	4,653,906	5,004,091
The notes on pages 13to 22		form part of these financial statements

						Unrestricted	Total	Total
						funds	funds	funds
						2021 E	2021f	2020 F
Investment	income	-	local	investment	properties	1,736,986	1,736,986	1,954,214
Investment	income	-	local	cash		613	613	625
						1,737,599	1,737,599	1,954,839

	Unrestricted	Total	Total
	funds	funds	funds
	2021f	2021	2020 F
Bank loan interest	774,250	774,250	804,771
Bank charges	13,123	13123	2,225
Property expenses	266,164	266,164	352,042
	1,053,537	1,053,537	1,159,038

		Grants to	Total	Total
		Institutions	funds	funds
		2021	2021	2020
		F	E	F
Grants	payable	203,713	203,713	259,924

Analysis of	grants (continued)
			2021
			E
Name of institution
Achisomoch	Aid Co		65,000
WST Charity			19,500
Menorah Foundation			18,950
Hasmonean	High School Charitable	Trust	25,650
			129,100
Other grants	to institutions		74,613
			203,713

				Grant
				funding of	Support	Total	Total
				activities	costs	funds	funds
				2021 F	2021 E	2021f	2020f
Grants payable				203,713		203,713	259,924
Auditors	fees (see note below)				13,200	13,200	13,200
				203,713	13,200	216,913	273,124
Auditor's	remuneration
						2021	2020
						E	F
Fees payable to the Company's			auditor	for the audit ofthe Company's
annual accounts						4,200	4,200
Fees payable to the Company's			auditor	in respect of:
The auditing		ofaccounts ofassociates		ofthe charity		9,000	9,000

	Investments
	in
	subsidiary
	companies
Company
Cost or valuation
At 1 July 2020	181,902
At 30June 2021	181,902
Net book value
At 30June 2021	181,902
At 30June 2020	181,902
Principal subsidiaries

Names				Company	Principal	activity	Class of	Holding
				number			shares
Britven Properties Limited				965961	Property	investment	Ordinary	100%
Chromegrove		Limited		1047148	Property	investment	Ordinary	1QQ%
Neonhome	Properties		Limited	2618179	Property	investment	Ordinary	1QQ%
The financial		results of	the subsidiaries	for the year were:
						Profit/(Loss)		Net assets
						for	the yearf
Britven Properties Limited							(108,040)	41,947
Chromegrove		Limited					491,321	2,387,097
Neonhome	Properties		Limited				368,&40	3,411,510

			Long term
		Freehold	leasehold
		investment	investment
		property	propertyf	Total
Valuation
At 1 July	2020	18,772,277	6,022,579	24,794,856
Surplus/	(deficit) on revaluation	(532,277)	751,321	219,044
At 30June 2021		18,240,000	6,773,900	25,013,900

		Freehold
		investment
		property
		E
Valuation
At 1 July 2020		18,592,277
Surplus/(deficit)	on revaluation	(532,277)
At 30June 2021		18,060,000

		Group	Group	Company	Company
		2021	2020	2021	2020
				E	E
Due within one year
Trade debtors		10,246	7,372	10,006
Amounts owed by group undertakings				1,377,225	1,465,219
Other debtors		535,094	549,288	528,269	537,003
Prepayments	and accrued income	20,879	29,538	13,059	22,275
		566,219	586,198	1,928,559	2,024,497

		Group	Group	Company	Company
		2021	2020	2021	2020
		E	F	E
Bank overdrafts					10,343
Bank loans		500,639	461,698	473,639	434,698
Amounts owed to group undertakings				719,801	798,796
Other taxation and social security		15,325	27,498	15,325	27,498
Other creditors		29,782	41,487	25,617	14,478
Accruals and deferred	income	52,154	138,056	52,155	138,055
		597,900	668,739	1,286,537	1,423,868

		Group	Group	Company	Company
		2021	2020	2021	2020
		E	F
Bank	loans	13,787,776	14,582,915	11,213,776	11,981,915

						Balance at
		Balance at			Gains/	30June
		1 July 2020 F	Income f	Expenditure F	(Losses) E	2021 E
Unrestricted	funds
General Funds		15,133,491	1,766,264	(1,270,450)	219,044	15,848,349
Statement offunds - prior year
						Balance at
		Balance at			Gains/	30June
		1 July 2019	Income	Expenditure	(Losses)	2020
			F		F
Unrestricted	funds
General Funds		16,462,788	2,277,865	(1,432,162)	(2,175,000)	15,133,491

					Group	Group
					2021	2020
					E
Net income		for the year (as per Statement of Financial Activities)			495,814	845,703
Adjustments		for:
Interest payable					774,250	804,771
Decrease	in	debtors			19,979	92,186
Decrease	in	creditors			(109,780)	(56,062)
Net cash	provided		by operating	activities	1,180,263	1,686,598

				Group	Group
				2021	2020
	Cash in hand			4,653,906	5,004,091
	Total cash and cash	equivalents		4,653,906	5,004,091
21.	Analysis ofchanges	in net debt
			At 1 July		At 30June
			2020	Cash flows	2021
			E
	Cash at bank and in hand		5,004,091	(350,185)	4,653,906
	Debt due within 1 year		(496,454)	(27,236)	(523,690)
	Debt due after 1 year		(14,582,915)	'795,139	(13,787,776)
			(10,075,278)	417,718	(9,657,560)