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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Report ofthe Independent
Auditors||to|6|
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||10||
|Notes tothe Financial Statements|11|to|16|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total|
||||||Notes|fund
I|fundsI|
|INCOME AND ENDOWMENTS||||FROM||||
|Donations|and legacies|||||46,136|2,125|
|Investment|income|||||591,333|574,757|
|Total||||||637,469|576,882|
|EXPENDITURE ON||||||||
|Raising funds||||||||
|Investment|management||costs|||50,821|30,476|
|||||||50421|30,476|
|Charitable|activities|||||||
|Charitable||||||401,406|343,757|
|Support costs||||||(102)||
|Other||||||9,000||
|Total||||||461I125|374 233|
|NET INCOME||||||176,344|202,649|
|RECONCILIATION||OF|FUNDS|||||
|'Total funds|brought|forward||||16/296/520|16(093871|
|TOTAL FUNDS CARRIED FORWARD||||||16I472I864|16296 520|
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|||2022|2021|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|E|I|
|FIXEDASSETS||||
|Investments||||
|Investments|10|793~864|758 555|
|Investment
property|11|13~059gi25|12074(877|
|||13452,989|12,833,432|
|CURRENT ASSETS||||
|Debtors|12|1,658,198|1,638,445|
|Cash at bank||2,084,497|3,167,750|
|||3g742g695|4 806 195|
|CREDITORS||||
|Amounts
falling due within one year|13|(1,122420)|(1,343,107)|
|NET CURRENT ASSETS||2,619,875|3,463,088|
|TOTAL ASSETSLESSCURRENT LIABILITIES||16~472+64|16296520|
|NET ASSETS||16~472y864|16296520|
|FUNDS||||
|Unrestrkted
funds||16,472,864|16,296,520|
|TOTAL FUNDS||16,472,864|16,296,520|
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|||Notes|2022
6|2021I|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Cash generated
from operations||1|(64,483)|819,855|
|Net cash (used in)/provided|by operating|activities|(64,483)|819,855|
|Cash flows from Investing|activities||||
|Purchase offixed asset investments|||(35409)|(50,434)|
|Purchase of Investment
property|||(984,248)|(847,006)|
|interest received|||787|2,372|
|Net cash used
in investing
activiiies|||(1,018,770)|(895,068)|
|Change
in cash and cash equivalents||In|||
|the reporting
period|||(1~083~253)|(75,213)|
|Cash and cash equivalents|atthe||||
|beginning
ofthe reporting|period||3,167,750|3,242,963|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||2,084,497|3,167,750|
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|RECONCILIATION||OF NET INCOME TO NET CASH FLOW FROM|OF NET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES||
|---|---|---|---|---|---|---|
||||||2022
E|2021I|
|Net income forthe||reporting|period (as per the Statement of||||
|Financial Activities)|||||176,344|202,849|
|Adjustments
for:|||||||
|Interest
received|||||(787)|(2,372)|
|Amounts
owed by group undertakings|||||(141,239)|(201,737)|
|Decrease/(increase)|in debtors||||121,486|(37,724)|
|(Decrease)/increase|in creditors||||(220,287)|859,039|
|Net cash (used in)/provided|||by operations||(64,483)|819,855|
|ANALYSIS OF CHANGES IN|||NET FUNDS||||
||||At|1.4.21|Cash flow|At31.3.22|
|||||I|I|6|
|Net cash|||||||
|Cash at bank|||3~167~750||(1~083~253)|2~084g497|
||||3/167~750||(1~083~253)|2~084~497|
|Total|||3~167~750||(1~083~253)|2~084~497|
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|DONATIONS
AND LEGACIES||||
|---|---|---|---|
|||2022|2021|
|Donations||46,136|2,125|
|INVESTMENT INCOME||||
|||2022
E|2021I|
|Rents received||590,546|572,385|
|Deposit account Interest||787|2,372|
|||591,333|574,757|
|INVESTMENT MANAGEMENT|COSTS|||
|||2022
I|2021I|
|General and Water Rates
Insurance||3,681
16,011|11,178
12,178|
|Light and Heat||2,036|1,112|
|Repairs and Maintenance||4,108|3,697|
|Managing
Agents Fees||1,529|1,529|
|Professional
fees||23,456|782|
|||50,821|30,476|
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||||||Total donation|
|---|---|---|---|---|---|
|Name ofcharitable|organisation||||(I)|
|Achlsomoch|||||140,000|
|Bnos Beis Yaakov|||||50,000|
|Kehllas Adas Yisroel|||||25,000|
|MGS Charitable
Trust|||||25,000|
|Torah Vedas|||||25,000|
|Yavneh
Foundation|||||12,000|
|North London Welfare|||||11,000|
|Hasmonean
High Schcol|||||10,000|
|Hasmonean
Primary|||||10,000|
|Tiferes Shlomo|||||10,000|
|Yeshiva
G Nezer|||||10,000|
|Others|||||73,116|
|Total|||||401,116|
|GRANTS PAYABLE||||||
|||||2022
E|2021I|
|Charitable||||401,116|333,115|
|Grants paid to institutions||dunng|the year were as follows:|||
|Education|||||6191,500|
|Relief of Poverty and|illness||||1173,000|
|Advancement
ofJewish||Rdlgion|||131,800|
|Other|||||E4,816|
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|SUPPORT COSTS||
|---|---|
||Governance|
||costs|
||I|
|Other resources expended|9,000|
|Charitable|290|
|Support costs|(102)|
||9,188|
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|Support costs, induded
in the|above, are as follo|ws:||||
|---|---|---|---|---|---|
|||||2022|2021|
||Other|||||
||resources||Support|Total|Total|
||expended
I|Charitable
I|costs
I|activities
6|activities
E|
|Audit fees|3,600|||3,600|3,600|
|Accountancy|5,400|||5,400|5,400|
|Bank charges||290|(65)|225|629|
|Exchange gains/losses|||(37)|(37)|1,013|
||9,000|290|(102)|9,188|10,642|
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|FIXEDASSET INVESTMENTS||
|---|---|
||Shares
in|
||glop|
||undertakings
I|
|MARKET VALUE||
|At 1April 2021|758,555|
|Additions|35,309|
|At 31 March 2022|793,864|
|NET BOOK VALUE||
|At 31 March 2022|793,864|
|At 31 March 2021|756,555|
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|Foframe ofHuntingdon
Limited
Registered
office:
Nature of business:
Holding
company|||
|---|---|---|
||o/o||
|Class ofshare:|holding||
|Ordinary|25||
|INVESTMENT PROPERTY|||
|FAIR VALUE|||
|At 1April 2021||12/074/877|
|Additions||984,248|
|At 31 March 2022||13,059,125|
|NET BOOK VALUE|||
|At 31 March 2022||13/059/ 125|
|At 31 March 2021||12,074,077|
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|CREDITORS: AMOU|NTS FALLING DUE WITHIN ON|E YEAR||
|---|---|---|---|
|||2022|2021|
|||E|I|
|Trade creditors||6,701|14,199|
|Other creditors||1~099~119|1,319,908|
|Accruals and deferred|income|17,000|9,000|
|||itI2+820|1(343(107|
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||||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||E||E|
|Rnancial|assets measured||at|amortised
cost|||||1,658,198|1,638,445||
|Financial|liabilities|measured||at amortlsed|cost||||1,122,820|1,343,107||
|Financial|assets|measured||at
amortised|cost|are|comprised|of trade|debtors
of 62,200|(2021:|E2,200),|
|prepayments
off66,098(2021:Inil) and|||||other debtors||of61,589,900(2021:||61,636,245).|||