2021-03-31-accounts - B E Perl Charitable Trust

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				Page
Reference and Administrative Details
Report ofthe	Trustees			2 to 3
Report ofthe	Independent	Auditors		4to 5
Consolidated	Statement of	Financial	Activities
Consolidated	Balance Sheet
Charity Balance Sheet
Consolidated	Cash Flow Statement
Notes to the	Consolidated	Cash Flow	Statement	10
Notes to the	Consolidated	Financial Statements		11to 22

					2021	2020
					Unrestricted	Unrestricted
					fund	funds
				Notes		E
INCOME AND ENDOWMENTS			FROM
Other trading income					174557786	1,822,532
Investment income					1045082	1 113556
Total					275007868	2,936,088
EXPENDITURE ON
Raising funds Investment management Trading costs		costs			161,483 173107443	167,313 1,480,426
Charitable activities
Grants and other activities					136406	438 179
Total					1,608,332	2,085,918
Tax payable					7,736	30,300
Other income					12,798
Net gains/(losses) on	investments				42,680	(3,899)
NET INCOME					955,750	815,972
RECONCILIATION	OF FUNDS
Total funds brought forward					2771167365	26 300394
TOTAL FUNDS CARRIED FORWARD					28072 115	27 116365

		2021	2020
		Unrestricted	Unrestricted
	Notes	fund f	funds E
FIXEDASSETS
Tangible fixed assets Investments Investment property	10 11 12	600,639 1,427,404 22 507338	703,109 1,384,725 20 648 614
		2475357381	22 736448
CURRENT ASSETS
Debtors	13	1,143,964	213,157
Investments	14	53,843	53,843
Cash at bank		3003676	4 766 66'I
		4,201,483	5,033,664
CREDITORS
Amounts falling due within one year	15	(662,739)	(651,737)
NET CURRENT ASSETS/(LIABILITIES)		375387744	4 381927
'TOTAL ASSETS LESSCURRENT LIABILITIES		2870747125	27 118375
CREDITORS
Provisions for liabilities		(2,010)	(2,010)
NET ASSETS		28072115	27116365
FUNDS Unrestricted funds	17	28072 115	27 116365
TOTAL FUNDS		28072 115	27 116365

			2021	2020	2020
			Unrestricted	Unrestricted
			fund	funds
		Notes	f	E
Investments Investments		11	181		181
Investment	property	12	22507338	20 648	614
			22/507/5 19	20 6l8	795
CURRENT	ASSETS
Debtors		13	1/233/332	266,912
Investments		14	67,843	67,843
Cash at bank			2 286452	4 086	693
			3/587/627	4,421,448
CREDITORS
Amounts falling due within one year		15	(246,746)	(104,760)
NET CURRENT ASSETS/(LIABILITIES)			3340881	4 316	688
TOTAL ASSETS LESSCURRENT LIABILITIES			25/848/400	24 965	483
NET ASSETS			25848400	24 965	483
FUNDS		17
Unrestricted	funds		25 848 400	24 965	483
TOTALFU	NDS		25848400	24 965	483

				2021	2020
			Notes
Cash flows from operating activities: Cash generated from operations Interest paid Tax paid				110,512	1,079,003 0 ~98011
Net cash provided by (used in) operating activities				110512	980992
Cash flows from investing activities:
Purchase of investment property				(178587724)	(199,430)
Purchase oftangible fixed assets Interest received				(16,835) 2,059	(390,390) 23,852
Net cash provided by (used in) investing activities				{1,073 500)	{565968)
Change in cash and cash equivalents reporting period	in the			(177627988)	415,024
Cash and cash equivalents at the beginning the reporting period		of	2, '	4,766664	4 351640
Cash and cash equivalents at the end reporting period	ofthe			3,003676	4 766 664

RECONCILIATION	OF NET INCOME TO NET	OF NET INCOME TO NET	CASH FLOW FROM OPERATING	ACTIVITIES
				2021	2020
					f
Net income for the reporting period (as statement offinancial activities)		per	the consolidated	913,071	819,870
Adjustments for: Depreciation charges				119,305	122,233
Gains on investments
Interest receivable				(2,059)	(23,852)
Increase in debtors				(969,032)	(37,996)
Increase in creditors				49 227	198748
Net cash provided	by (used in) operating	activities		110512	1079 003
ANALYSIS OF CASH AND CASH EQUIVALENTS
				2021	2020
				E	E
Cash and cash equivalents Overdrafts included in bank loans and overdrafts			falling due within one year	3,003,680 ~4)	4,766,668 ~4)
Total cash and cash equivalents				3,003676	4 766 664

							Group	Group				Charity
						2021			2020	2021		2020
									E	f.		E
	Rental income Interest received Income from investment			property	1,043,023 2,059			1,089,704 23,852		1,043,023 2,059 100,000		1,089,704 23,852 100,000
					1,045,082			1,113,556		1,145,082		1,213,556
4	RAISING	FUNDS
	Investment		management		costs
									Group			Charity
								2021			2020	2021	2020f
Insurance								25,553			20,878	25,553	20,878
Light and Heat Sundry Expenses General and Water Rates Rent Collection Property Repairs Legal and Professional fees								15,326 3,840 28,799 70,807 14,587 2571 161483			13,116 4,074 33,205 73,305 22,639 96 167 313	15,326 3,840 28,799 70,807 14,587 2571 161483	13,116 4,074 33,205 73,305 22,639 96 167313
Trading costs								Group				Charity
						2021 f				2020 E		2021 f.	2020
Cost of sales Administrative		expense				1,255,096~ 55,347'				1,381,707 98,719
						1310	443			1480 426
5.	CHARITABLE ACTIVITIES				COSTS
	Group
										Grant
										funding of	Support
										activities		costs Totals
										(See note 6)	(See note 7)
										E			f.
	Charitable	activities		cost						83101	53305 136406
	Charity
										Grant
										funding of	Support
										activities		costs Totals
										(See note 6)	(See note 7)
										f.
	Charitable	activities		cost						83101	17581 100682

are paid directly from	the charity to the institutions, as follows:
Name ofcharitable	organisation	Total donation (f)
Interlink Foundation		20,000
Achisomoch		15,500
BFO Igud Hakollelim		15,000
Kisha ron		10,000
Beit Halochem		10,000
Other		12,601

GRANTS PAYABLE
	Group		Charity
	2021 f	2020	2021 f	2020 F
Grants	83101	370761	83101	370761

			Group		Charity
			Grant		Grant
			funding of		funding of
			activities		activities
			2021 f	2020 E	2021 f	2020 E
Educational			367700	201810	36,700	201,810
Advancement		of religion		122,513		122,513
Relief of General	poverty and illness purposes		43,000 3401 83101	46,438 370761	43,000 3401 83101	46,438 370761

			Group		Charity
			Governance		Governance
			costs		costs
			2021 f	2020 f	2021 f	2020 f
Support	costs		53305	67 418	17581	20 589
Support	costs, included	in the above,	are as follows:
			Group		Charity
			2021 f	2020	2021 f	2020 f
Bank charges Hire of plant and machinery Auditors' remuneration Accountancy and legal fees			2/222 2,759 2,400 45924 53305	758 4,231 2,400 60 D29 67 418	2/222 2,759 2,400 10200 17581	758 4,231 2,400 13 2DD 20 589

10. TANGIBLE FIXEDASSETS
Group	Improvements		Fixtures
	to leasehold	Plant and	fittings and
Cost	property f	machinery E	equipment E	Total E
At 1 April 2020 Additions	849,285	99,090	381,035 16835	1,329,410 16835
At 31 March 2021	849 285	99 09D	397870	1346 245
Depreciation At 1 April 2020 Charge for the year At 31 March 2021	213,040 78 006 291046	87,995 2 774 9D 769	325,266 38525 363791	626,301 119305 745 606
Net book values				600 639
At 31 March 2021	558 239	8 321	34 D79
At 31 March 2020	636 245	11095	55 769	703 109

		Country	of					Proportion
		registration	or	Nature of	Shares		held	ofshares
Charity		incorporation		business			class	held
Subsidiary undertaking Churchill House Management	Limited	UK		Provision of	Ordinary	shares		100%
				serviced office
				facilities

FIXEDA	SSET	INVEST	MEN	TS -conti	nued
						Capital and reserves f	Profit/(loss		for the year) f
Churchill	House	Management		Limited		821,411				30,154
					Country registration	of or Nature of	Shares held			Proportion ofshares
Company					incorporation business			class		held
Participating interest Foframe of Huntingdon			Limited		UK	Holding company	Ordinary	shares		25%
						and warehouse
						letting

					Capital and reserves f	Capital and reserves f	Profit/(loss	Profit/(loss	for the year) f
Foframe of Huntingdon		Limited				2,831,615			82,002
Subsidiaries ofFoframe of			Huntingdon	Limited
				Country	of				Proportion
			registration		or	Nature of	Shares held		ofshares
Company				incorporation		business		class	held
Sixtrees Limited				UK	Photo frames		Ordinary	shares	25%
Foframe Properties	Limited			UK	Property	investment	Ordinary	shares	25%

year were as follow	s:
		Capital and reserves	Profit/(loss	for the year)
		E
Sixtrees Limited		775,148		36,385
Foframe Properties	Limited	1,393,258		52,332

				Charity
		2021	2020	2021	2020
			E
Trade	debtors	92,668	152,294
Other	debtors	1051296	60 863	1233 332	266 912
		1143964	213 157	1233332	266 912

				Group		Charity
			2021		2020 E	2021 f	2020 E
Other	unlisted	investments	53843		53 843	67 843	67 843

			Group	Charity
		2021	2020	2021	2020
			E		E
Bank	loans and overdraft (see note 16)	4	4	4
Trade	creditors	3567256	232 288	1797690	68 598
Other	creditors	306479	419445	67 052	36 158
		662739	651 737	246746	1D4 76D

n analysi	s ofthe maturity of loans is given b	elow:
				Group		Charity
			2021		2020	2021	2020
					E	E	f
Amounts	falling due within one year on
demand:
Sank overdraft
		19

Group	Group
			1	April 2020 f	Incoming resources f	Resources expended f	Transfers and Gainsf	31March 2021f
Educational Accumulated	reserve general	fund		7,000,000 20 116365	2 500 868	~1608 332	500,000 ~436 786	7,500,000 20 572 115
				27 116365	2 500 868	~1608332	63 214	28 072 115
	Charity
			1	April 2020 f	Incoming resources f	Resources expended f	Transfers and Gainsf	31March 2021f
Educational Accumulated	reserve general	fund		7,000,000 17965483 24 965483	1 145082 1 145082	~262 165 ~262 165	500,000 ~500 ODO	7,500,000 18348400 25 848 400

FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS
Group					2021 f	2020 f
Financial	assets measured at	amortised	cost		1 143964	213 167
Financial	liabilities measured	at amortised		cost	662,739	651,737

Charity							2021 f	2020 f
Financial	assets measured		at	amortised	cost		1 233 332	266 912
Financial	liabilities	measured		at amortised		cost	246,746	104,760