| PAGE | |||||
|---|---|---|---|---|---|
| Trustees' | annual report | (incorporating | the | director's report) | |
| Independent examiner's |
report to the | trustees | |||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | |||||
| Statement | offinancial | position | |||
| Notes to | the financial | statements |
| YEAR ENDED | 31DECE | MBER 2020 | MBER 2020 | |||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | g | |||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 117,664 | 117,664 | 80,388 | ||
| Investment income |
6 | 3,140 | 3,140 | 4,379 | ||
| Total income | 120,804 | 120,804 | 84,767 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management |
costs | 7 | 201 | 201 | (1,409) | |
| Expenditure on charitable |
activities | 8,9 | 163,890 | 163,890 | 220,485 | |
| Total expenditure | 164,091 | 164,091 | 219,076 | |||
| Net gains on investments | 10 | 58,072 | 58,072 | 8,101 | ||
| Net income/(expenditure) | and net movement | in funds | 14,785 | 14,785 | (126,208) | |
| Reconciliation offunds | ||||||
| Total funds brought forward |
3,791,870 | 3,791,870 | 3,918,077 | |||
| Total funds carried forward | 3,806,655 | 3,806,655 | 3,791,869 |
| STATEME | NT OF FINANCIAL POSITION | NT OF FINANCIAL POSITION | |||
|---|---|---|---|---|---|
| 31DECEMBER 2020 | |||||
| 2020 | 2019 | ||||
| Note | |||||
| FIXEDASSETS | |||||
| Investments | 13 | 2,430,738 | 2,369,544 | ||
| CURRENT ASSETS | |||||
| Cash atbank and in hand | 2,718,947 | 2,512,769 | |||
| CREDITORS: amounts | falling due | ||||
| within one year |
14 | 1,343,030 | 1,090,444 | ||
| NET CURRENT ASSETS | 1,375,917 | 1,422,325 | |||
| TOTAL ASSETSLESS | CURRENT | ||||
| LIABILITIES | 3,806,655 | 3,791,869 | |||
| NET ASSETS | 3,806,655 | 3,791,869 | |||
| FUNDS OF THE CHARITY | |||||
| Unrestricted funds |
3,806,655 | 3,791,869 | |||
| Total charity funds | 15 | 3,806,655 | 3,791,869 |
| 5. | DONATIONS AND LEGACIES |
||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2020 | Funds | 2019 | ||
| DONATIONS | |||||
| Deed ofcovenant | 117,664 | 117,664 | 80,388 | 80,388 | |
| 6. | INVESTMENT INCOME | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2020 | Funds | 2019 | ||
| Bank interest receivable | 18 | 18 | 542 | 542 | |
| Dividends receivable |
3,122 | 3,122 | 3,837 | 3,837 | |
| 3,140 | 3,140 | 4,379 | 4,379 |
| INVESTMENT MANAGEME | NT COSTS |
|||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| Repairs &maintenance | 106 | 106 | ||
| Insurance | (1,742) | (1,742) | ||
| Legal &professional | 201 | 201 | 227 | 227 |
| 201 | 201 | (1,409) | (1,409) |
| EXPEN | DITURE ON CH | ARITABLE ACTIVITIES | BYFUND T | YPE | |
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2020 | Funds | 2019 | ||
| I, | f. | ||||
| Grants | payable | 157,910 | 157,910 | 215,960 | 215,960 |
| Support | costs | 5,980 | 5,980 | 4,525 | 4,525 |
| 163,890 | 163,890 | 220,485 | 220,485 |
| Included in the |
charitable activities are the following material g |
rants made during the year: |
|---|---|---|
| 2020 | ||
| United Jewish | Israel Appeal | 20,000 |
| Chai-Lifeline | Cancer Care | 11,500 |
| United Hatzala | 9,600 | |
| JNF KKL Scotland | 7,500 | |
| Other amounts | no greater than g5,000 | 109,310 |
| Total | 157,910 |
| EXPENDIT | URE ON CHA | RITABLE ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Grant funding | Total funds | Total fund | |||
| ofactivities | Support costs | 2020 | 2019 | ||
| f. | |||||
| Grants payable | 157,910 | 157,910 | 215,960 | ||
| Governance | costs | 5,980 | 5,980 | 4,525 | |
| 157,910 | 5,980 | 163,890 | 220,485 |
| NET GAIN | S | ON INVES | TMENTS | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2020 | Funds | 2019 | ||||
| a | |||||||
| Net valuation | gains/(losses) | on listed | |||||
| investments | (418) | (418) | 453 | 453 | |||
| Net valuation | gains/(losses) | on | |||||
| investments | in group undertakings | 56,071 | 56,071 | (3,972) | (3,972) | ||
| Net valuationGains/(losses) | on other | ||||||
| investment | assets | 2,419 | 2,419 | 11,620 | 11,620 | ||
| 58,072 | 58,072 | 8, 101 | 8,101 | ||||
| AUDITORS | REMUNERATION | ||||||
| 2020 | 2019 | ||||||
| s | |||||||
| Fees payable | for the audit | ofthe financial | statements | 4,750 | 4,500 |
| No trustees received any remune expenses incurred by the trustees INVESTMENTS |
ration during the yea for services provided |
r. The charity to the charity. |
did not meet an | y individual |
|---|---|---|---|---|
| Shares in | ||||
| Listed | group | Other | ||
| investments | undertakings | investments | Total | |
| Cost or valuation | ||||
| At 1 January 2020 | 2,278 | 2,236,007 | 131,259 | 2,369,544 |
| Additions | 3,122 | 3,122 | ||
| Fair value movements | (418) | 56,071 | 2,419 | 58,072 |
| At 31December 2020 | 1,860 | 2,292,078 | 136,800 | 2,430,738 |
| Impairment | ||||
| At 1January 2020 and |
||||
| 31December 2020 | ||||
| Carrying amount |
||||
| At 31December 2020 | 1,860 | 2,292,078 | 136,800 | 2,430,738 |
| At 31 December 2019 | 2,278 | 2,236,007 | 131,259 | 2,369,544 |
| CREDIT | ORS: amounts falling due within one year |
||
|---|---|---|---|
| 2020 | 2019 | ||
| Amounts | owed to group undertakings | 1,337,330 | 1,084,994 |
| Accruals | and deferred income | 5,700 | 5,450 |
| 1,343,030 | 1,090,444 |
| At | At | |||||
|---|---|---|---|---|---|---|
| 1 January | Gains and 31December | |||||
| 2020 | Income | Expenditure | losses | 2020 | ||
| 4 | ||||||
| General funds | 3,791,870 | 120,804 | (164,091) | 58,072 | 3,806,655 | |
| At | At | |||||
| 1 | January | Gains and 31December | ||||
| 2019 | Income | Expenditure | losses | 2019 | ||
| s | ||||||
| General funds | 3,918,077 | 84,767 | (219,076) | 8,101 | 3,791,869 | |
| ANALYSIS OF NET ASSETS BETWEEN | FUNDS | |||||
| Unrestricted | Total Funds | |||||
| Funds | 2020 | |||||
| Investments | 2,430,738 | 2,430,738 | ||||
| Current assets | 2,718,947 | 2,718,947 | ||||
| Creditors less than | 1 year | (1,343,030) | (1,343,030) | |||
| Net assets | 3,806,655 | 3,806,655 | ||||
| Unrestricted | Total Funds | |||||
| Funds | 2019 | |||||
| Investments | 2,369,544 | 2,369,544 | ||||
| Current assets | 2,512,769 | 2,512,769 | ||||
| Creditors less than | 1 year | (1,090,444) | (1,090,444) | |||
| Net assets | 3,791,869 | 3,791,869 |