2022-06-30-accounts - David Tannen Charitable Trust

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				Page
Reference and administrative			details ofthe charity, 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
Charity balance sheet
Consolidated	statement	ofcash flows		12
Notes to the	financial statements			13-23

				Endowment	Unrestricted	Total	Total
				funds	funds	funds	funds
			Note	2022 8	2022 8	2022 8	2021f
Income and endowments		from:
Investments					2,629,876	2,629,876	3,085,499
Total income and endowments					2,629,876	2,629,876	3,085,499
Expenditure on:
Raising funds					2,116,684	2,116,684	2,097,875
Charitable activities					325,760	325,760	152,200
Total expenditure					2,442,434	2,442,434	2,250,075
Net Income before investments	net gains on				187,442	187,442	835,424
Net gains on investments							2,645,671
Net Income In the year and movement In funds					187,442	187,442	3,481,095
Reconciliation offunds:
Total funds brought	forward			44,462	24,305,739	24,360,201	20,869,106
Net movement in funds					187,442	187,442	3,481,095
Total funds carried	forward			44,462	24,493,181	24,637,643	24,350,201

		Charity Statement offinancial	Charity Statement offinancial	Charity Statement offinancial	position
		For the year ended 30June			2022
					2022	2021
			Note		5	F
Fixed assets
Investments			11		1,490,737	1,490,737
Investment property			12		26,886,000	25,401,000
					27,376,737	26,891,737
Current assets
Debtors			13	8,313,881		8,130,224
Cash at bank and in hand				2,689,456		3,947,146
				11,003,336		12,077,370
Creditors: amounts	falling	due within one
year			14	(1,192,430)		(1,968,905)
Net current assets					9,810,906	10,108,465
Total assets less current liabilities					37,187,643	37,000,202
Creditors: amounts	falling	due after more
than one year			15		(12,660,000)	(12,650,000)
T'otal net assets					24,637,643	24,350,202
Charity funds
Endowment funds					44,462	44,462
Unrestricted funds					24,493,181	24,305,740
Total funds					24,637,643	24,350,202
financial statements		were approved	and authorised	for issue by	the Trustees and signed on their behalf by:
DA nnen				J Miller
(True e)				(Trustee)
Date: grf/op/2Ogg					rT$/U	3/Q.O)( $
The notes on pages	13to 23 form part ofthese financial statements.

				Note	2022f	2021 5
Cash flows from operating		activities
Net cash used in operating	activities			17	436,021	3,374,624
Purchase of investment property					(486,000)
Net cash (used in)/provided		by Investing	activities		(486,000)
Cash flows from financing		activities
Repayments of borrowing					(170,000)	(170,000)
Interest payable					(1,129,829)	(1,134,651)
Net cash used in financing		activities			(1,299,829)	(1,304,661)
Change In cash and cash		equivalents In	the year		(1,349,808)	2,069,973
Cash and cash equivalents		at the beginning	ofthe year		6,079,900	3,009,927
Cash and cash equivalents		at the end of	the year	18	3,730,092	5,079,900
The notes on pages 13to 23 form part ofthese financial statements

The Group h	as made the	followin	g	material grants to institutions during t	he year:
					2022
					6
Name of Institution
Hendon Adath Yisroel Congregation					ee,ooo
WST Charity	Ltd				36,000
Hasmonean	High School	Charitable		Trust	20,000
British Friends of United Hatzola			Israel		20,000
Hatzola Northwest Trust					18,000
Achisomoch	Aid Company	Ltd			16,000
					16e,ooo
Other grants	to institutions	-less	than 611L000		154,150
					319,150

		Group	Group	Charity	Charity
		2022 K	2021 E	2022	2021f
Due within one year
Trade debtors		125,048	202,114	125,048	202,114
Amounts owed by group undertakings				7,787,255	7,760,534
Other debtors		365,189	60,679	365,189	60,679
Prepayments	and accrued income	100,146	221,658	36,389	106,897
		590,383	484,451	8,313,881	8,130,224

		Group	Group	Charity	Charity
		2022 E	2021	2022 E	2021f
Bank loans		170,000	170,000
Trade creditors		4,863	246,847	4,863	246,847
Other taxation and social security		70,811	56,422	70,811	56,422
Other creditors		114,306	12,984	110,515	9,350
Accruals and deferred	income	1,073,863	1,723,907	1,006,241	1,656,286
		1,433,842	2,210,160	1,192,430	1,968,905

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		5	5		5
Bank	loans	22,886,000	23,055,000	12,660,000	12,650,000

17.	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	in funds to net cash flow from operating	in funds to net cash flow from operating	activities
						Group	Group
						2022	2021
						6	6
	Net income for the year (as per Statement				of Financial Activities)	187,442	3,481,095
	Adjustments for:
	Decrease/(increase)	in debtors				(105,932)	118,605
	Increase/(decrease)	in creditors				(776,318)	1,285,944
	Revaluation ofinvestment		properly				(2,645,671)
	Interest payable					1,129,829	1,134,651
	Net cash provided	by operating		activities		435,021	3,374,624
18.	Analysis ofcash and cash equivalents
						Group	Group
						2022 6	2021f
	Cash in hand					3,730,092	5,079,900
	Total cash and cash equivalents					3,730,092	5,079,900
19.	Analysis ofchanges in		net debt
					At 1 July		At 30June
					2021	Cash flows	2022
						6	E
	Cash at bank and in	hand			5,079,900	(1,349,808)	3,730,092
	Debt due within 1 year				(182,984)	(101,321)	(284,305)
	Debt due aRer 1 year				(23,066,000)	170,000	(22,885,000)
					(18,168,084)	(1,281,129)	(19,439,213)

		Group	Group	Charity	Charity
		2022 6	2021f	2022	2021
Amounts	receivable:
Not later than 1 year		1,214,418	1,554,469	1,214,418	1,554,469
Later than	1 year and not later than 5 years	4,780,554	7,152,166	4,780,554	7,152,166
Later than	5 years	2,379,852	4,094,308	2,379,852	4,094,308
		8,374,824	12,800,943	8,374,824	12,800,943