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||||||PAGES|
|---|---|---|---|---|---|
|Trustees' Annual
Report (Incorporating|||the|Director's Report)|1to 4|
|Independent
Auditor's|Report to|the Members|||5to 10|
|Statement ofFinancial|Activities|(Including||Income and Expenditure||
|Account)||||||
|Statement ofFinancial|Position||||12|
|Notes to the Financial|Statements||||13to 20|
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||||YE|AR ENDED|31DECE|MBER 2021|MBER 2021||
|---|---|---|---|---|---|---|---|---|
|||||||2021||2020|
|||||||Unrestricted|||
|||||||funds|Total funds|Total funds|
||||||Note||||
|Income and endowments|||||||||
|Investment|income||||5|289,729|289,729|291,743|
|Total income||||||289,729|289,729|291,743|
|Expenditure|||||||||
|Expenditure|on raising funds:||||||||
|Investment
management|||costs||6|(68,539)|(68,539)|(83,124)|
|Expenditure|on charitable|activities|||7,8|(175,017)|(175,017)|(158,637)|
|Total expenditure||||||(243,556)|(243,556)|(241,761)|
|Net gains/(losses)
on investments|||||11|137,971|137,971||
|Net income|and net movement|||in funds||184,144|184,144|49,982|
|Reconciliation
offunds|||||||||
|Total funds|brought
forward|||||5,324,870|5,324,870|5,274,888|
|Total funds|carried forward|||||5,509,014|5,509,014|5,324,870|
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||||2021||2020||
|---|---|---|---|---|---|---|
|||Note|||||
|FIXE9ASSETS
Tangible fixed assets||16||5,351,468||5,198,516|
|CVRRFAT ASSETS
Ikbtors
Cash at bank and in hand||17|1,771~2
113+11||1,772,936
97,696||
||||1/84,593||1870 632||
|CREDITORS: amounts
falling due
within one year
NET CURRENT ASSETS||18|(1,727,047)|157,546|(69,278)|1,801,354|
|TOTAL ASSETS I,ESS
LIABILITIES|CljRRENT|||5,509,014||6,999,870|
|CREDITORS: amounts
falling due
after more than one year||||||(1,675,000)|
|NET ASSETS||||5/09,014||5,324,870|
|FVNDS OF THE CHARITY
Unrestricted
funds||||5/09,014||5324,870|
|Total charity funds||||5,509,014||5,324 870|
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|INVESTMENT|INCOME|||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
|Rent and charges|receivable|240,116|240,116|242,130|242,130|
|Other interest receivable||49,613|49,613|49,613|49,613|
|||289,729|289,729|291,743|291,743|
|INVESTMENT|MANAGEMENT|COSTS||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
|Property expenses||33,867|33,867|42,531|42,531|
|Interest payable|and similar charges|34,672|34,672|40,593|40,593|
|||68,539|68,539|83,124|83,124|
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|7.|EXPEND|ITURE ON CHA|RITABLE ACTIVITIES|BYFUND T|YPE||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
||Donations|paid|163,700|163,700|136,100|136,100|
||Support costs||11,317|11,317|22,537|22,537|
||||175,017|175,017|158,637|158,637|
|8.|EXPENDITURE ON CHARITABLE ACTIVITIES|||BYACTIVITY TYPE|||
|EXPENDI|TURE ON CHA|RITABLE AC|TIVITIE|S BYA|CTIVI|TY TYPE||
|---|---|---|---|---|---|---|---|
|||Grant|funding|||Total funds|Total fund|
|||of|activities|Support|costs|2021|2020|
|Donations|paid||163,700||3,877|167,577|150,237|
|Governance|costs||||7,440|7,440|8,400|
||||163,700||11,317|175,017|158,637|
|||Support costs|Total 2021|Total 2020|
|---|---|---|---|---|
|General office||3,877|3,877|14,137|
|Governance|costs|7,440|7,440|8,400|
|||11,317|11,317|22,537|
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|g
advancement
ofeducation,
the relief of
The composition ofdonations
is shown|
poverty or the advancement
o
below:|fhealth.|
|---|---|---|
|||2021|
|Russian
Immigrant
Aid Fund Limited||24,000|
|Colel Kupath Ramban Limited||20,500|
|Rosecare Foundation||11,600|
|Beth Midrash
Lemoroth||10,000|
|Kol Yom Trust||10,000|
|North London Welfare and Educational|Foundation|9,000|
|Tchabe Kollel Limited||8,000|
|Other donations||70,600|
|||163,700|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2021|Funds|2020|
||Gains/(losses)
on investment|property|137,971|137,971|||
|12.|NET INCOME||||||
||Net income is stated after charging/(crediting):||||||
||||||2021|2020|
||Depreciation oftangible
fixed assets||||489|653|
|13.|AUDITORS REMUNERATION||||||
||||||2021|2020|
||Fees payable for the audit of|the financial|statements||7,440|8,400|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Investment|Fixtures and||
||properties|fittings|Total|
|Cost||||
|At
1 January 2021|5,196,559|26,241|5,222,800|
|Additions|15,470||15,470|
|Revaluations|137,971||137,971|
|At 31December 2021|5,350,000|26,241|5,376,241|
|Depreciation
At I January 2021||24,284|24,284|
|Charge for the year||489|489|
|At 31December 2021||24,773|24,773|
|Carrying
amount
At 31December 2021|5,350,000|1,468|5,351,468|
|At 31 December 2020|5,196,559|1,957|5,198,516|
|The historical cost ofthe properties|is K557,954(2020:f542,484).|||
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|17.|The historical
DEBTORS|cost of|the|properties
is K557,|954(2020:f542,48|4).||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||Trade debtors|||||18,369|17,351|
||Prepayments
Other debtors|and accrued||income||2,250
1,750,663|2,350
1,753,235|
|||||||1,771,282|1,772,936|
|18.|CREDITORS: amounts|||falling due within|one year|||
|||||||2021|2020|
||Bank loans and overdrafts|||||1,675,000||
||Trade creditors||||||4,285|
||Accruals and|deferred|income|||27,147|36,812|
||Other creditors|||||24,900|28,181|
|||||||1,727,047|69,278|
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|CREDI|TORS|: am|oun|ts
falling due after|more than|one year|||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|Bank loans and overdrafts||||||||1,675,000|
|ANALYSIS OF CHARITABLE FUNDS|||||||||
|Unrestricted||funds|||||||
|||||At||||At|
|||||1 January 202|||Gains and 31December||
|||||1|Income|Expenditure|losses|2021|
|General|funds|||5,324,870|289,729|(243,556)|137,971|5,509,014|
|||||At||||At|
|||||1 January 202|||Gains and 31December||
|||||0|Income|Expenditure|losses|2020|
|General|funds|||5,274,888|291,743|(241,761)||5,324,870|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||||
||||||||Unrestricted|Total Funds|
||||||||Funds|2021|
|Investments|||||||5,351,468|5,351,468|
|Current|assets||||||1,884,593|1,884,593|
|Creditors|less|than|1 year||||(1,727,047)|(1,727,047)|
|Creditors|greater than|||1 year|||||
|Net assets|||||||5,509,014|5,509,014|
||||||||Unrestricted|Total Funds|
||||||||Funds|2020|
|Investments|||||||5,198,516|5,198,516|
|Current|assets||||||1,870,633|1,870,633|
|Creditors|less|than|1 year||||(69,279)|(69,279)|
|Creditors|greater than|||1 year|||(1,675,000)|(1,675,000)|
|Net assets|||||||5,324,870|5,324,870|
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