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|---|---|---|
|ReportoftheTrustees|1|
to 4|
|ReportoftheIndependentAuditors|5|
to7|
|StatementofFinancial Activities||8|
|Balance Sheet||9|
|Cash FlowStatement||10|
|NotestotheCash FlowStatement||11|
|NotestotheFinancial Statements|12|
to17|
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|||**2023**|2022|
|---|---|---|---|
|||**Unrestricted**|Total|
|||**fund**|funds|
||Notes|f.|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donationsandlegacies|2|**15,758**|46,136|
|Investmentincome|3|**588,058**|591,333|
|**Total**||**603,816**|637,469|
|**EXPENDITUREON**||||
|**Raising funds**||||
|Investmentmanagementcosts|4|**89,754**|50,821|
|||**89,754**|50,821|
|**Charitable activities**|5|||
|Charitable||**234,211**|401,304|
|Supportcosts||**1,532**|9,000|
|**Total**||**325,497**|461,125|
|Netgainsoninvestments||**51,739**||
|**NET INCOME**||**330,058**|176,344|
|**RECONCILIATIONOFFUNDS**||||
|Totalfundsbrought forward||**16,472,864**|16,296,520|
|**TOTAL FUNDS CARRIED FORWARD**||**16,802,922**|16,472,864|
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|||**2023**|2022|
|---|---|---|---|
|||**Unrestricted**|Total|
|||**fund**|funds|
||Notes|£|£|
|**FIXEDASSETS**||||
|**Investments**||||
|Investments|10|**849,239**|793,864|
|Investment property|11|**14,280,497**|13,059,125|
|||**15,129,736**|13,852,989|
|**CURRENTASSETS**||||
|Debtors|12|**1,698,465**|1,658,198|
|Cashat bank||**2,374,799**|2,084,497|
|||**4,073,264**|3,742,695|
|**CREDITORS**||||
|Amounts falling due within one year|13|**(2,400,078)**|(1,122,820)|
|**NETCURRENTASSETS**||**1,673,186**|2,619,875|
|**TOTALASSETSLESSCURRENT LIABILITIES**||**16,802,922**|16,472,864|
|**NETASSETS**||**16,802,922**|16,472,864|
|**FUNDS**||||
|Unrestricted funds||**16,802,922**|16,472,864|
|**TOTALFUNDS**||**16,802,922**|16,472,864|
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|||**2023**|2022|
|---|---|---|---|
||Notes|£|£|
|**Cash flows from operating activities**||||
|Cashgeneratedfromoperations|1|**1,506,206**|(64,483)|
|Netcashprovidedby/(usedin)operatingactivities||**1,506,206**|(64,483)|
|**Cash flows from investing activities**||||
|Purchaseoffixedassetinvestments||**(3,636)**|(35,309)|
|Purchaseof investment property||**(1,221,372)**|(984,248)|
|Interestreceived||**9,104**|787|
|Netcashusedininvestingactivities||**(1,215,904)**|(1,018,770)|
|**Change incashand cash equivalents in**||||
|**thereporting period**||**290,302**|(1,083,253)|
|**Cash andcashequivalentsatthe**||||
|**beginningofthereporting period**||**2,084,497**|3,167,750|
|**Cash andcashequivalentsattheendof**||||
|**thereporting period**||**2,374,799**|2,084,497|
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|||**2023**|2022|
|---|---|---|---|
|||£|£|
|**Net income for the reporting period (as per the Statement of**||||
|**financial Activities)**||**330,058**|176,344|
|**Adjustments for:**||||
|Losseson investments||**(51,739)**||
|Interest received||**(9,104)**|(787)|
|Amounts owed by group undertakings||**(14,542)**|(141,239)|
|(Increase)/decreaseindebtors||**(25,725)**|121,486|
|Increase/(decrease)increditors||**1,277,258**|(220,287)|
|**Netcashprovided by/(used in) operations**||**1,506,206**|(64,483)|
|**ANALYSISOFCHANGESINNETFUNDS**||||
||At 1.4.22|Cashflow|**At 31.3.23**|
||£|£|£|
|**Netcash**||||
|Cashat bank|**2,084,497**|**290,302**|**2,374,799**|
||**2,084,497**|**290,302**|**2,374,799**|
|**Total**|**2,084,497**|**290,302**|**2,374,799**|
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||**2023**|2022|
|---|---|---|
||£|£|
|Donations|**15,758**|46,136|
|**INVESTMENTINCOME**|||
||**2023**|2022|
||£|£|
|Rentsreceived|**578,954**|590,546|
|Deposit account interest|**9,104**|787|
||**588,058**|591,333|
|**INVESTMENTMANAGEMENT COSTS**|||
||**2023**|2022|
||£|£|
|General and WaterRates|**10,754**|3,681|
|Insurance|**14,228**|16,011|
|LightandHeat|**2,853**|2,036|
|Repairsand Maintenance|**2,948**|4,108|
|Managing AgentsFees|**1,529**|1,529|
|Professional fees|**57,442**|23,456|
||**89,754**|50,821|
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|**Nameofcharitable organisation**||Totaldonation(£)|
|---|---|---|
|Achisomoch||**130,000**|
|BnosBeisYaakov||**52,000**|
|CometCharities||**12,000**|
|AhavatHesed||**10,000**|
|NorthLondonWelfare||**10,000**|
|BeisYaakov||**6,500**|
|ShaareiOrahLtd||**5,000**|
|Others||**8,200**|
|**Total**||**233,700**|
|**GRANTSPAYABLE**|||
||**2023**|2022|
||£|£|
|Charitable|**233,700**|
401,116|
|Grantspaidtoinstitutions duringtheyearwereasfollows:|||
|ReliefofPovertyandIllness||£140,000|
|Education||£74,700|
|AdvancementofJewishReligion||£14,000|
|Other||£5,000|
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|**SUPPORTCOSTS**||
|---|---|
||Governance|
||costs|
||£|
|Charitable|**511**|
|Supportcosts|**1,532**|
||**2,043**|
||||**2023**|2022|
|---|---|---|---|---|
|||Support|Total|Total|
||Charitable|costs|activities|activities|
||£|£|£|£|
|Auditfees||**3,600**|**3,600**|**3,600**|
|Accountancy||**5,400**|**5,400**|**5,400**|
|Bankcharges|**(629)**|**306**|**(323)**|**225**|
|Sundries|**1,140**||**1,140**||
|Exchangegains/losses||**(7,774)**|**(7,774)**|**(37)**|
||**511**|**1,532**|**2,043**|**9,188**|
||||--||
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||Sharesin|
|---|---|
||group|
||undertakings|
||£|
|**MARKETVALUE**||
|At 1 April 2022|**793,864**|
|Additions|**3,636**|
|Revaluations|**51,739**|
|At31March 2023|**849,239**|
|**NETBOOKVALUE**||
|At31March 2023|**849,239**|
|At31March 2022|793,864|
|||**Sharesin**|
|---|---|---|
|||**group**|
|||**undertaking**|
|||£|
|Valuationin|2023|**51,739**|
|Cost||**797,500**|
|||**849,239**|
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||£|
|---|---|
|**FAIRVALUE**||
|At 1 April 2022|**13,059,125**|
|Additions|**1,221,372**|
|At31March 2023|**14,280,497**|
|**NETBOOKVALUE**||
|At31March 2023|**14,280,497**|
|At31March 2022|13,059,125|
##
||**2023**|2022|
|---|---|---|
||£|£|
|Trade debtors|**10,500**|2,200|
|Amounts owed by group undertakings|**1,566,956**|1,552,414|
|Other debtors|**112,428**|37,486|
|Prepayments and accrued income|**8,581**|66,098|
||**1,698,465**|1,658,198|
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|**CREDITORS: AMOUNTS FALLINGDUEWITHINONE**|**YEAR**||
|---|---|---|
||**2023**|2022|
||£|£|
|Trade creditors||6,700|
|Other creditors|**2,252,645**|1,099,120|
|Accruals and deferred income|**147,433**|17,000|
||**2,400,078**|1,122,820|
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|**FINANCIAL INSTRUMENTS**|||
|---|---|---|
||**2023**|**2022**|
||£|£|
|Financial assets measured at amortised cost|1,698,465|1,658,198|
|Financial liabilities measured at amortised cost|2,391,078|1,113,820|