| Pages | Pages | ||||
|---|---|---|---|---|---|
| Trustees' | annual report (incorporating the directors' report) |
1 | to 4 | ||
| Independent examiner's report to the trustees |
|||||
| Statement | offinancial activities |
(including | income and expenditure | ||
| account) | |||||
| Statement | offinancial position | ||||
| Notes to | the financial statements |
8to 13 | |||
| The following pages do not form part ofthe financial statements |
|||||
| Detailed | statement offinancial | activities | 15 | ||
| Notes to | the detailed statement | offinancial | activities | 16 |
| Year ended | 31March | 2021 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
108,050 | 108,050 | I00,000 | ||||
| Investment income |
5 | 16,800 | 16,800 | 20,800 | |||
| Total income | 124,850 | 124,850 | ]20,800 | ||||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Investment management |
costs | 6 | (2,665) | (2,665) | (746) | ||
| Expenditure on charitable |
activities | 7,8 | (135,055) | (135,055) | (I46,093) | ||
| Total expenditure | (137,720) | (137,720) | (146,839) | ||||
| Net expenditure | (12,870) | (12,870) | (26,039) | ||||
| Other recognised gains |
and | losses | |||||
| Gains on revaluation ofinvestment |
assets | I00,000 | 100,000 | ||||
| Net movement in funds |
87,130 | 87,130 | (26,039) | ||||
| Reconciliation offunds | |||||||
| Total funds brought forward | 660,215 | 660,215 | 686,254 | ||||
| Total funds carried forward | 747,345 | 747,345 | 660,2]5 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Investments | 13 | 750,000 | 650,000 | |||
| Current assets |
||||||
| Debtors | 14 | 455 | 455 | |||
| Cash at bank | and in hand | 28,390 | 11,260 | |||
| 28,845 | 11,715 | |||||
| Creditors: amounts | falling due within one year | 15 | (31,500) | (1,500) | ||
| Net current | liabilities | (2,655) | 10,215 | |||
| Total assets | less current liabilities | 747,345 | 660,215 | |||
| Net assets | 747,345 | 660,215 | ||||
| Funds ofthe | charity | |||||
| Unrestricted | funds | 747,345 | 660,215 | |||
| Total charity | funds | 16 | 747,345 | 660,215 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |||||
| Income | from investment | propeities | 16,800 | 16,800 | 20,800 | 20,800 | ||
| Investment | management | costs | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2021 | Funds | 2020 | |||||
| Property | management | expenses | 2,665 | 2,665 | 746 | 746 | ||
| Insurance | 391 | 391 | ||||||
| Repairs | 8i,Maintenance | 2,274 | 2,274 | |||||
| 5,330 | 5,330 | 746 | 746 |
| 7. | Expenditur | e | on charitable | activities by fund type | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| f, | |||||||
| Charitable | donations | 132,737 | 132,737 | 144,342 | 144,342 | ||
| Support costs | 2,318 | 2,318 | 1,751 | ],751 | |||
| 135,055 | 135,055 | 146,093 | 146,093 | ||||
| 8. | Expenditure | on charitable | activities by activity type | ||||
| Grant funding | Total funds | Total fund | |||||
| ofactivities | Support costs | 2021 | 2020 | ||||
| Charitable | donations | 132,737 | 132,737 | 144,342 | |||
| Governance | costs | 2,3]8 | 2,318 | 1,751 | |||
| 132,737 | 2,318 | 135,055 | 146,093 |
| College for Higher Rabbinical | College for Higher Rabbinical | Studies | Studies | 28,000 | |||
|---|---|---|---|---|---|---|---|
| Tchabe Koilel Limited | 22,500 | ||||||
| Chasdei Aharon Limited | 20,000 | ||||||
| Chasdei Shlomo | 20,000 | ||||||
| Congregation Sharei Sholem Tchabe Limited |
20,000 | ||||||
| Start Upright Sundry donations (Z3,000 |
20,000 2,237 |
||||||
| 132,737 | |||||||
| 10. | Independent examination |
fees | |||||
| 2021 | 2020 | ||||||
| Fees payable to the independent | examiner | for: | |||||
| Independent examination |
ofthe | financial | statements | 5,000 | 3,380 |
| Investments Year ended 31March 2021 |
|
|---|---|
| Investment | |
| properties | |
| Cost or valuation | |
| At 1 April 2020 | 650,000 |
| Additions | |
| Fair value movements | 100,000 |
| At 31March 2021 | 750,000 |
| Impairment | |
| At 1April 2020 and 31March 2021 | |
| Carrying amount |
|
| At 31March 2021 | 750,000 |
| At 31 March 2020 | 650,000 |
| All investments shown above are held at valuation. |
| 14. | The historical costof Debtors |
the investment pro |
perties was f71,345 ( |
2020 - f71,345). | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Prepayments aud accrued income |
455 | 455 | |||
| 15. | Creditors: amounts | falling due within | one year | ||
| 2021 | 2020 | ||||
| Accruals and deferred | income | 1,500 | 1,500 | ||
| Other creditors | 30,000 | ||||
| 31,500 | 1,500 |
| Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | |||||||
| At | Gains and 31March 20 | ||||||
| I | Apri!2020 | Income | Expenditure | losses | 21 | ||
| General | funds | 660,215 | 124,850 | (137,720) | 100,000 | 747,345 | |
| At | |||||||
| At | Gains snd 31 March 202 | ||||||
| I | April 2019 | Income | Expenditure | losses | 0 | ||
| General | funds | 686,254 | 120,800 | (146,839) | 660,215 |
| Analysis | ofnet assets between funds |
||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| Investments | 750,000 | 750,000 | |
| Current assets | 28,845 | 28,845 | |
| Creditors | less than I year | (31,500) | (31,500) |
| Net assets | 747,345 | 747,345 | |
| Unrestricted | Total Funds | ||
| Funds | 2020 | ||
| Investments | 650,000 | 650,000 | |
| Current assets | 11,715 | 11,715 | |
| Creditors | less than I year | (1,500) | (1,500) |
| Net assets | 660,215 | 660,215 |