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2023-03-31-accounts

				Pages
Trustees' annual report	(incorporating	the	director's report)	1to4
Independent examiner's	report to the	trustees
Statement offinancial	activities (including		income and expenditure
account)
Balance sheet
Notes to the financial	statements			8to 15

			2023	2023	2022
			Unrestricted
			funds	Total funds	Total funds
		Note
Income and endowments
Donations snd legacies		5	240,600	240,600	601,300
Investment income		6	670	670	8
Total income			241,270	241,270	601,308
Expenditure Expenditure on charitable	activities	7,8	(250,274)	(250474)	(617,664)
Total expenditure			(250,274)	(250874)	(617,664)
Net gains/(losses) on investments		11	602,582	602,582	(250,932)
Net income/(expenditure)	and net movement	ia funds	593,578	593,578	(267,288)
Reconciliation offunds
Total funds brought forward			383,008	383,008	650,296
Total funds carried forward			976,586	976,586	383,008

		Ridgesave Limited	Ridgesave Limited	Ridgesave Limited
		Company	Limited by Guarantee
			Balance Sheet
			31	March 2023
				2023	2022
		Note
Fixed assets
Investments			16	5,922,765		5,320,183
Current assets
Debtors			17	213,000	213,000
Cash at bank	and in hand			38,600	16,284
				251,600	229,284
Creditors: amounts		falling due
within one year			18	(13,620)	(12,300)
Net current	assets			237,980		216,984
Total assets	less current liabilities			6,160,745		5,537,167
Creditors: amounts		falling due after
more thaa one year			19	(5,184,159)		(5,154,159)
Net assets				976,886		383,008
Funds ofthe Unrestricted	charity funds			976,586		383,008
Total charity funds			20	976,586		383,008

5.	DONATIONS	DONATIONS	AND	LEGACIES
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds	2023	Funds	2022
	Donations
	Donations	received			240,600	240,600	601,300	601,300

			Unrestricted	Total	Funds	Unrestricted	Total	Funds
			Funds		2023	Funds		2022
Bank	interest	receivable	670		670	8		8

EXPENDIT	URE ON CHAR	ITABLE ACTIVITIE	S BYFUND T	YPE
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2023	Funds	2022
Institutional	grants	232,820	232,820	604,360	604,360
Support costs		17,454	17,454	13,304	13,304
		250,274	250,274	617,664	617,664

S.	EXPENDIT	URE ON CHARITABLE	ACTIVITIE	S BYACTIVI	TY TYPE
			Grant funding		Total funds	Total fund
			ofactivities	Support costs	2023	2022
	Institutional Governance	grants costs	232,820	368 17,086	233,188 17,086	604,666 12,998
			232,820	17,454	250874	617,664
9.	ANALYSIS	OF SUPPORT COSTS
				Supportcosts	Total 2023	Total 2022
						f.
	Governance	costs		17,086	17,086	12,998
	Bank charges			368	368	306
				17,454	17,454	13,304

ANALYSIS	OF GRANT	S
			Institutional
			grants
Beis Aharon	Trust		139,000
Zera Aharon	Machnivkeh	Belz	31,500
Achisomoch	Aid Company	Ltd	30,000
Others (below f.10,000)			32,320
			232,820

				Unrestricted	Total Fuads	Unrestricted	Total Funds
				Funds	2023	Funds	2022
	Gains/(losses)	on revaluation	of
	subsidiaries			602,582	602,582	(250,932)	(250,932)
12.	AUDITORS	REMUNERATION
						2023	2022
	Fees payable	for the audit of	the financial	statements			12,800

					2023	2022
Fees payable	to the independent		examiner	for:
Independent	examination	ofthe	financial	statements	13,440

INVESTMENTS
	Shares in
	group
	undertakings
Fair value
At I April 2022	5420,183
Additions
Revaluations	602,582
At 31March 2023	5,922,765
Carrying amount At 31March 2023	5,922,765
At 3 I March 2022	5,320,183

subsidiary	underta	king	is as follows:
				Bullion
				Properties	Doxit Co
				Limited	Limited
Turnover				11,910	177,866
Expenditure				(12,021)	(93,590)
Other recognised		movements			168,872
Donations	paid to	parent charity			(80,000)
Retained profit/(loss)			for the year	(111)	173,148

The assets, liabilities and funds ofeach subs were as follows:	idiary undertaking at the end ofthe repo	rting period
	Bullion
	Properties	Doxit Co
	Limited	Limited
Assets	486,489	6,075,782
Liabilities	(165,724)	(903427)
Capital and reserves	320,765	5,172,455

17.	DEBTORS
			2023	2022
	Other debtors		213,000	213,000
1S.	CREDITORS: amounts	falling due withia one year
			2023	2022
	Other creditors		13,620	12,300

CRE	DITORS: amounts falling due after	more than one year
		2023	2022
Other	creditors	5,154,159	5,154,159

Unrestri	cted funds
		At I April			Gains and At 31March
		2022	Income	Expenditure	losses	2023
General	funds	383,008	241,270	(250,274)	602,582	976,586
		At I April			Gains and	At 31March
		2021	Income	Expenditure	losses	2022
General	funds	650,296	601,308	(617,664)	(250,932)	383,008

ANALYS	IS OFNET ASSETS BETWEEN FU	NDS
		Unrestricted	Total Funds
		Funds	2023
Investments		5,922,765	5,922,765
Current assets		251,600	251,600
Creditors	less than I year	(13,620)	(13,620)
Creditors	greater than I year	(5,184,159)	(5,184,159)
Net assets		976,586	976,586
		Unrestricted	Total Funds
		Funds	2022
		I,
Investments		5,320,183	5,320,183
Current assets		229,284	229,284
Creditors	less than I year	(12,300)	(12,300)
Creditors	greater than I year	(5,154,159)	(5,154,159)
Net assets		383,008	383,008