| 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 19 |
| YEARENDED | 31 DECEM | BER 2022 | BER 2022 | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| Note | |||||
| Income and endowments Investment income |
5 | 300,864 | 300,864 | 289,729 | |
| Total income | 300,864 | 300,864 | 289,729 | ||
| Expenditure | |||||
| Expenditure on raising funds: Investment management costs Expenditure on charitable activities |
6 7,8 |
(90,031) (311,157) |
(90,031) (311,157) |
(68,539) (175,017) |
|
| Total expenditure | (401,188) | (401,188) | (243,556) | ||
| Net gains/(losses) on investments |
11 | (1,089) | (1,089) | 137,971 | |
| Net (expenditure)/income | and net movement | in funds | (101,413) | (101,413) | 184,144 |
| Reconciliation offunds Total funds brought forward |
5,509,014 | 5,509,014 | 5,324,870 | ||
| Total funds carried forward | 5,407,601 | 5,407,601 | 5,509,014 |
| 3 | 1DE | CE | MBER 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Vote | 6 | ||||||||
| FIXEDASSETS | |||||||||
| Tangible fixed assets | 16 | 5,351,101 | 5,351,468 | ||||||
| CURRENT ASSETS | |||||||||
| Debtors | 17 | 1468,261 | 1,771,282 | ||||||
| Cash atbank and in hand | 116r413 | 113,311 | |||||||
| 1,784t674 | 1,884,593 | ||||||||
| CREDITORS: amounts falling due | |||||||||
| within onc year | 18 | (1,728,174) | (1,727,0473 | ||||||
| NE1' CURRENT ASSETS | 56,500 | 157,546 | |||||||
| TOTAL ASSETSLESSCURRENT | |||||||||
| LIABILITIES | 5t407,601 | 5,509,014 | |||||||
| NET ASSETS | 5t407,603 | 5,509,014 | |||||||
| FUNBSOF THE CHARITY | |||||||||
| Unmstricted funds |
5,407401 | 5,509,014 | |||||||
| Total charity funds | 19 | 5,407,601 | 5,509,014 | ||||||
| These financial statements |
have been | prepared | in accordance | with | the | provisions | applicable | to | |
| companies subject tothe small companies' |
regime. |
| 5, | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| g | |||||
| Rent and charges receivable Other interest receivable |
252,189 48,675 |
252,189 48,675 |
240,116 49,613 |
240,116 49,613 |
|
| 300,864 | 300,864 | 289,729 | 289,729 | ||
| 6. | INVESTMENT MANAGEMENT | COSTS |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||||||
| f. | ||||||||||
| Property Interest |
expenses payable and |
similar | charges | 39,378 50,653 |
39,378 50,653 |
33,867 34,672 |
33,867 34,672 |
|||
| 90,031 | 90,031 | 68,539 | 68,539 |
| Property expenses Interest payable and similar charges |
Property expenses Interest payable and similar charges |
Property expenses Interest payable and similar charges |
. 39,378 50,653 90,031 39,378 50,653 90,031 33,867 34,672 68,539 |
. 39,378 50,653 90,031 39,378 50,653 90,031 33,867 34,672 68,539 |
. 39,378 50,653 90,031 39,378 50,653 90,031 33,867 34,672 68,539 |
33,867 34,672 68,539 |
|
|---|---|---|---|---|---|---|---|
| 7. | EXPENDITURE ON CHARITABLE | ACTIVITIES BYFUND TYPE | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| f. | |||||||
| Donations paid Support costs |
293,000 18,157 |
293,000 18,157 |
163,700 11,317 |
163,700 11,317 |
|||
| 311,157 | 311,157 | 175,017 | 175,017 | ||||
| 8. | EXPENDITURE ON CHARITABLE | ACTIVITIES BYACTIVITY TYPE | |||||
| Grant funding | Total funds | Total fund | |||||
| ofactivities | Support costs | 2022 | 2021 | ||||
| 6 | a | ||||||
| Donations Governance |
paid costs |
293,000 | 10,717 7,440 |
303,717 7,440 |
167,577 7,440 |
||
| 293,000 | 18,157 | 311,157 | 175,017 | ||||
| 9. | ANALYSIS OF SUPPORT COSTS | ||||||
| Support costs | Total 2022 | Tota12021 | |||||
| General office | 10,717 | 10,717 | 3,877 | ||||
| Governance | costs | 7,440 | 7,440 | 7,440 | |||
| 18,157 | 18,157 | 11,317 |
| The composition ofdonations is sho |
wn below: | |
|---|---|---|
| 2022 | ||
| Amud Hatzdokoh Trust |
31,000 | |
| Achisomach | 26,000 | |
| Talmud Torah Tiferes Shlomo | 25,000 | |
| Russian Immigrant Aid Fund Limited Tchabe Kollel Limited |
24,000 20,000 |
|
| Kehilas Adas Yisroel Bournemouth Zichron Shaul |
Ltd | 15,000 10,500 |
| Colel Polen Kupath Ramban Limited Kol Yom Trust |
10,000 10,000 |
|
| Other Donations | 121,500 | |
| 293,000 |
| 11. | NET GAINS | /(LOSSES) ON INVEST | MENTS | MENTS | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | |||||
| 8 | ||||||||
| Gains/(losses) | on investment property |
(1,089) | (1,089) | 137,971 | 137,971 | |||
| 12. | NET (EXPENDITURE)/INCOME | |||||||
| Net (expenditure)/income is stated after |
charging/(crediting): | 2022 | 2021 | |||||
| s | ||||||||
| Depreciation | oftangible fixed assets | 367 | 489 | |||||
| 13. | AUDITORS | REMUNERATION | ||||||
| 2022 | 2021 | |||||||
| Fees payable | for the audit ofthe financial | statements | 7,440 | 7,440 |
| TANGIBLE FIXED AS | SETS | |||||
|---|---|---|---|---|---|---|
| Investment | Fixtures and | |||||
| properties | fittings | Total | ||||
| 4 | ||||||
| Cost | ||||||
| At 1 January 2022 Additions |
5,350,000 1,089 |
26,241 | 5,376,241 1,089 |
|||
| Revaluations | (1,089) | (1,089) | ||||
| At 31December 2022 | 5,350,000 | 26,241 | 5,376,241 | |||
| Depreciation At 1 January 2022 Charge for the year |
24,773 367 |
24,773 367 |
||||
| At 31December 2022 | 25,140 | 25,140 | ||||
| Carrying amount At 31December 2022 |
5,350,000 | 1,101 | 5,351,101 | |||
| At 31 December 2021 | 5,350,000 | 1,468 | 5,351,468 | |||
| The historical cost of the | properties | is 6559,043(2021: | 5557,954). | |||
| DEBTORS | ||||||
| 2022 | 2021 | |||||
| Trade debtors | 26,474 | 18,369 | ||||
| Prepayments and accrued Other debtors |
income | 2,456 1,639&331 |
2,250 1,750,663 |
|||
| 1,668,261 | 1,771,282 | |||||
| CREDITORS: amounts | falling due within | one year | ||||
| 2022 | 2021 | |||||
| Bank loans and overdrafts | 1,675,000 | 1,675,000 | ||||
| Accruals and deferred income | 27,624 | 27,147 | ||||
| Other creditors | 25,550 | 24,900 | ||||
| 1,728,174 | 1,727,047 |
| Unrestricte | d funds |
|||||||
|---|---|---|---|---|---|---|---|---|
| At | At | |||||||
| 1 January 202 2 |
Income | Expenditure | Gains and 31 losses |
December 2022 |
||||
| J: | ||||||||
| General funds |
5,509,014 | 300,864 | (401,188) | (1,089) | 5,407,601 | |||
| At | At | |||||||
| 1 January 202 1 |
Income | Expenditure | Gains and 31 losses |
December 2021 |
||||
| z | ||||||||
| General funds | 5,324,870 | 289,729 | (243,556) | 137,971 | 5,509,014 | |||
| ANALYSIS OF NET | ASSETSBETWEEN FUNDS | |||||||
| Unrestricted | Total Funds | |||||||
| Funds | 2022 | |||||||
| z | z | |||||||
| Investments | 5,351,101 | 5,350,101 | ||||||
| Current assets | 1,784,674 | 1,784,674 | ||||||
| Creditors | less than | 1 year | (1,728, 174) | (1,728,174) | ||||
| Net assets | 5,407,601 | 5,406,601 | ||||||
| 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 |