2022-06-30-accounts

					Page
Reference and Administrative		Details	ofthe Company,	Its Trustees and Advisers
Trustees' Report					2-5
Independent	Auditor's Report	on the	Financial Statements		6-9
Consolidated	Statement of Financial		Activities		10
Consolidated	Balance Sheet
Company Balance Sheet					12
Consolidated	Statement ofCash Flows				13
Notes to the	Financial Statements				14-23

	Reference and Administrative	Reference and Administrative	Reference and Administrative	Details ofthe Company,	Details ofthe Company,	its Trustees and Advisers
			For the year ended 30June 2022
Trustees		D Tannen
		Ml 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
		349 Regents Park Road
		London
		N3 1DH
Bankers		Barclays Bank Pic
		1 Churchill	Place
		Canary Wharf
		London
		E145HP

				Unrestricted	Total	Total
				funds	funds	funds
			Note	2022f	2022 5	2021f
Income from:
Donations and legacies			5	204,600	204,500	28,665
Investments			6	1,794,539	1,794,539	1,737,599
Total Income				1,999,039	1,999,039	1,766,264
Expenditure on:
Raising funds			7	1,685,756	1,585,766	1,053,537
Charitable activities			9	240,140	240,140	216,913
Total expenditure				1,825,895	1,826,896	1,270,450
Net income for the year before other recognised	and movement gains/(losses)	In funds		173,144	173,144	495,814
Other recognised gains:
Gains on revaluation offixed assets						219,044
Net movement in funds				173,144	173,144	714,858
Reconciliation offunds:
Total funds brought forward				15,848,349	16,848,349	15,133,491
Net movement in funds				173,144	173,144	714,858
Total funds carried forward				16,021,493	16,021,493	15,848,349

			Consolidated	Balance Sheet	Balance Sheet
			For the year ended 30June		2022
			Note		2022 6		2021f
Fixed assets
Investment property			14		24,029,946		25,013,900
					24,029,946		25,013,900
Current assets
Debtors			15	516,069		566,219
Cash at bank and	in hand			6,666,682		4,653,905
				6,172,741		5,220,125
Creditors: amounts	falling	due within	one
year			16	(2,726,922)		(597,900)
Net current assets					3,445,819		4,522,225
Total assets less	current	liabilities			27,475,766		29,536,125
Creditors: amounts than one year	falling	due after	more 17		(11,464,272)		(13,787,775)
Total net assets					16,021,493		15,848,349
Charity funds
Unrestricted funds			18		16,021,493		15,848,349
Total funds					16,021,493		15,848,349

						Company	Company	Company	Statement	offinancial	offinancial	position
							For the year ended 30				June	2022
												2022		2021
									Note					8
Fixed assets
Investments									13			181,902		181,902
Investment property									14			16,510,000		18,060,000
												16,691,902		18,241,902
Current assets
Debtors									15	2,155,902			1,928,559
Cash at bank	and	in hand								4,113,631			2,519,722
										6,269,633			4,448,281
Creditors: amounts			falling		due	within one
year									16	(3,691,150)			(1,286,537)
Net current assets												2,678,383		3,161,744
Total assets	less	current liabilities										19,270,285		21,403,646
Creditors: amounts			falling		due	after more
than one year									17			(8,907,272)		(11,213,776)
Net assets excluding				pension asset								10,363,013		10,189,870
Total net assets												10,363,013		10,189,870
Charity funds
Unrestricted funds												10,363,013		10,189,870
Total funds												10,363,013		10,189,870
The financial	statements				have	been prepared in accordance					with the provisions applicable			to entities subject to
th small companies				regime.
nancial	statements				were	approved		and authorised		for issue by		the Trustees and	signed on their behalf by:
DA a nen											J M	Miller
(Trusts											(Trustee)
Date: oL(j/0			)fyoJg								W~e. , &sf~&/a.			ZZ
The notes on	pages		14to 23 form part				ofthese financial			statements.

				Note	2022 6	2021f
Cash flows from operating	activities
Net cash used in operating	activities			19	1,261,944	1,180,263
Cash flows from Investing	activities
Proceeds from sale of investments					1,650,000
Purchase of investments					(666,046)
Net cash provided by Investing activities					983,954
Cash flows from financing	activities
Repayments of borrowing					(500,638)	(756,198)
Interest payable					(742,484)	(774,250)
Net cash used in financing	activities				(1,243,122)	(1,530,448)
Change in cash and cash	equivalents	in	the year		1,002,776	(350,186)
Cash and cash equivalents	at the beginning		ofthe year		4,653,906	5,004,091
Cash and cash equivalents	at the end of		the year	20	5,656,682	4,653,906
The notes on pages 14to 23 form part ofthese financial statements

Unrestricted	Total	Total
funds	funds	funds
2022	2022	2021
5		5
204,500	204,600	28,665

						Unrestricted	Total	Total
						funds	funds	funds
						2022	2022	2021
						E	E	E
Investment	income	-	local	investment	properties	1,823,123	1,823,123	1,736,986
Investment	income	-	gain/	(loss) on	sale of property	(28,745)	(28,745)
Investment	income	-	local	cash		161	161	613
						1,794,539	1,794,539	1,737,599

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	E	E	E
Bank loan interest	742,484	742,484	774,250
Bank charges	1,506	1,506	13,123
Property expenses	841,765	841,765	266,164
	1,585,755	1,585,766	1,053,537

		Grants to	Total	Total
		Institutions	funds	funds
		2022	2022	2021
		E	E	E
Grants	payable	226,940	226,940	203,713

Analysis	of	grants (cont	inued)
					2022
					E
Name of	institution
Achisomoch		Aid Co			117,110
Menorah	Foundation				20,260
Hasmonean		High School	Charitable	Trust	10,700
					148,060
Other grants		to institutions	ofless than F10,000		78,880
					226,940

		Grant
		funding of	Support	Total	Total
		activities	costs	funds	funds
		2022	2022	2022	2021
		E	E	E	E
Grants	payable	226,940		226,940	203,713
Auditors	fees (see note below)		13,200	13,200	13,200
		226,940	13,200	240,140	216,913

					2022	2021
					E	E
Fees annual	payable to the Company's accounts		auditor	for the audit ofthe Company's	4,200	4,200
Fess	payable	to the Company's	auditor	in respect of;
The	auditing	of accounts ofassociates		ofthe charity	9,000	9,000

	Investments
	in
	subsidiary
	companies
Company	6
Cost or valuation
At 1 July 2021	181,902
At 30June 2022	181,902
Net book value
At 30June 2022	181,902
At 30June 2021	181,902

The following were sub	sidiary undert	akings ofthe Com	pany:
Names		Company	Principal	activity	Class of	Holding
		number			shares
Britven Properties Limited		965961	Property	investment	Ordinary	100'/o
Chromegrove Limited		1047148	Property	investment	Ordinary	10Q /0
Neonhome Properties	Limited	2618179	Property	investment	Ordinary	100'/D

				Profit/(Loss)	Net assets
				for the year
				E
	Britven Properties Limited Chromegrove Limited Neonhome Properties Limited			(58,686) 58,586	(16,639) 2,387,097 3,470,096
14.	Investment	property
	Group

		Long term
	Freehold	leasehold
	Investment	Investment
	property	property	Total
	E	E	E
Valuation
At 1 July 2021	18,240,000	6,773,900	26,013,900
Additions		566,046	666,046
Disposals	(1,650,000)		(1,560,000)
At 30June 2022	16,690,000	7,339,946	24,029,946
Company

	Freehold
	investment
	property
	E
Valuation
At1 July2021	18,060,000
Disposals	(1,650,000)
At 30June 2022	16,610,000

			Group	Group	Company	Company
			2022	2021	2022	2021
			E		E	E
Due within one year
Trade debtors			14,709	10,246		10,006
Amounts owed by group undertakings					1,663,268	1,377,225
Other debtors			497,509	535,094	488,794	528,269
Prepayments	and accrued income		3,841	20,879	3,840	13,059
			516,059	555,219	2,155,902	1,928,559
Creditors: Amounts		falling due within one year
			Group	Group	Company	Company
			2022	2021	2022	2021
			E	E	E	E
Bank loans			2,333,505	500,639	2,306,505	473,639
Amounts owed to group undertakings					1,026,663	719,801
Other taxation	and social security			15,325		15,325
Other creditors			26,334	29,782	2,279	25,617
Accruals and	deferred	income	367,083	52,154	356,703	52,155
			2,726,922	597,900	3,691,150	1,286,537

		Group	Group	Company	Company
		2022	2021	2022	2021
		E	F	E	E
Bank	loans	11,464,272	13,787,776	8,907,272	11,213,776

Stateme	nt o	ffunds - current ye	ar
									Balance at
				Balance at 1					30June
				July 2021 6	Income 6		Expenditure	f	2022 f
Unrestricted		funds
General	Funds			16,848,349	1,999,039		(1,826,896)		16,021,493
Statement offunds - prior year
									Balance at
			Balance at				Gains/		30June
			1 July 2020f	Income f	Expenditure	f	(Losses) E		2021 6
Unrestricted		funds
General	Funds		15,133,491	1,766,264	(1,270,450)		219,044		15,848,349

					Group	Group
					2022	2021
					6	6
Net income	for the year (as per Statement			of Financial Activities)	173,144	495,814
Adjustments	for:
Interest payable					742,484	774,250
Decrease in	debtors				61,693	19,979
Increase/(decrease)		in creditors			294,623	(109,780)
Net cash provided		by operating	activities		1,261,944	1,180,263

						Other non-
				At1 July		cash	At 30June
				2021	Cash flows	changes	2022
				5	5	6	5
Cash	at bank and		in hand	4,663,906	1,002,776		6,666,682
Debt	due within	1	year	(523,690)	74,132	(1,908,750)	(2,358,308)
Debt	due aRer 1 year			(13,787,776)	424,764	1,908,760	(11,454,272)
				(9,657,560)	1,501,662		(8,155,898)