| PAGE | |||||
|---|---|---|---|---|---|
| Trustees' | annual report |
(incorporating | the director's report) | ||
| Independent auditor's |
report to the members | ||||
| Statement | offinancial | activities (including | income and expenditure | ||
| account) | 12 | ||||
| Statement | offinancial | position | 13 | ||
| Statement | ofcash flows | 14 | |||
| Notes to | the financial | statements | 15 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 18,587,862 | 18,587462 | 17,184,157 | |||
| Charitable activities |
6 | 413,323 | (413,323) | ||||
| Total income | 413,323 | 18,174,539 | 18,587862 | 17,184,157 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 74 | (235,303) | (18,327,229) | (18,562,532) | (17,677,342) | |
| Total expenditure | (235,303) | (18,327,229) | (18,562,532) | (17,677,342) | |||
| Net income/(expenditure) | and net | ||||||
| movement in funds |
178,020 | (152,690) | 25,330 | (493,185) | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 427,320 | 1480,843 | 1,708,163 | 2201,348 | ||
| Total funds carried | forward | 605,340 | 1,128,153 | 1,733,493 | 1,708,163 |
| COMPANY LIMITED BYGUARANTEE STATEMENT OF CASH FLOWS YEAR ENDED 31MARCH 2021 |
||
|---|---|---|
| 2021 | 2020 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net income/(expenditure) | 25,330 | (493,185) |
| Adjustments for: | ||
| Interest payable and similar charges | 3418 | |
| Accrued income | (5,760) | |
| Changes in: | ||
| Trade and other debtors | (19,620) | (2,072) |
| Cash generated from operations |
3468 | (495,257) |
| Interest paid | (3418) | |
| Net cash used in operating activities |
(50) | (495,257) |
| NET DECREASE IN CASH AND CASH EQUIVALENTS | (50) | (495,257) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR | 1,717,605 | 2,212,862 |
| CASH AND CASH EQUIVALENTS AT END OFYEAR | 1,717,555 | 1,717,605 |
| member in the event DONATIONS AND |
ofwinding up is l LEGACIES |
imited to 61. | |||
|---|---|---|---|---|---|
| Restricted | Total Funds | Restricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| DONATIONS | |||||
| Donations received | 17,329,305 | 17329305 | 16,161,417 | 16,161,417 | |
| Gift Aid received net | 1,006,846 | 1,006,846 | 815,392 | 815,392 | |
| Taxation recoverable | on Donations | 251,711 | 251,711 | 207,348 | 207,348 |
| 18,587,862 | 18,587,862 | 17,184,157 | 17,184,157 |
| YEAREN CHARITABLE ACTIVITIES |
DED 31MARCH 2021 | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| Commission | 413,323 | (413,323) | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| Commission | 388,129 | (388,129) | |
| EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE | |||
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| f. | |||
| Grants and Donations | 163,296 | 18,327,229 | 18,490,525 |
| Support costs | 72,007 | 72,007 | |
| 235,303 | 18,327,229 | 18,562,532 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| Grants and Donations | 259,984 | 17,321,955 | 17,581,939 |
| Support costs | 95,403 | 95,403 | |
| 355,387 | 17,321,955 | 17,677,342 |
| EXPENDI | TURE ON CHAR | ITABLE ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Grant funding | Total funds | Total fund | |||
| ofactivities | Support costs | 2021 | 2020 | ||
| Grants and | Donations | 18,490,525 | 56,209 | 18,546,734 | 17,657,082 |
| Governance | costs | 15,798 | 15,798 | 20,260 | |
| 18,490,525 | 72,007 | 18,562432 | 17,677,342 |
| ANALYSIS OF SUPPORT C | OSTS | ||
|---|---|---|---|
| Grants And | |||
| Donations Total 2021 |
Total 2020 | ||
| Communications and IT |
16,433 16,433 |
23,289 | |
| Governance costs |
15,798 15,798 |
23,028 | |
| Printage postage and stationery | 30,145 30,145 |
36,555 | |
| Office Management costs |
9,430 9330 |
12,330 | |
| Legal and professional fees |
201 201 |
201 | |
| 72,007 72,007 |
95,403 | ||
| ANALYSIS OF GRANTS | |||
| 2021 | 2020 | ||
| GRANTS TO INSTITUTIONS | |||
| Advancement ofHealth |
18,318 | 34,451 | |
| Grants to other grant making charities | 3/73,132 | 2,432,809 | |
| Education and Training | 11,194,100 | 10,912,100 | |
| Relief ofPoverty | 2,937,126 | 2,906,346 | |
| Religious activities | 759,952 | 796,819 | |
| 18,1829628 | 17,082,525 | ||
| GRANTS TO INDIVIDUALS | |||
| Relief ofPoverty | 307,897 | 499,414 | |
| Total grants | 18,490,525 | 17,581,939 | |
| Grants and donations paid |
|||
| Charity | |||
| Amud Hatzdokoh Trust |
359,172 | ||
| Bais Tomer Yifmch | 167,180 | ||
| Beer Miriam | 59,066 | ||
| Beis Aidel Bnos Chai Pesel | 613,145 | ||
| BeisYakov Bnei Tomb | 76,818 | ||
| BeisYakov Sara Shnirer | 80,430 | ||
| BeitMedresh Yitav Lev | 195,110 | ||
| Ben Amram Charitable Trust |
55,832 | ||
| Binyen Torah Ltd | 226,175 | ||
| Centml Cong ofYetev Lev Dsatmar | 98,000 | ||
| Chareidim Beis Shymesh |
91,824 | ||
| Chasdei Sholom Trust | 68,641 | ||
| Chevras Mo'oz Ladol | 141,645 | ||
| Chevras Oneg Yom Tov | 62,101 | ||
| College For Higher Rabbinical | Studies | 96,301 | |
| Cong Khal Chasidei Skwera Inc | 186,693 | ||
| Cong Khal Yetev Lev | 77,554 |
| YEARENDED 31MARC |
H 2021 |
|---|---|
| ANALYSIS OF GRANTS (eonrinneri) |
|
| Sharei Chesed (London) | 80,946 |
| Shaykel Esuh | 336,135 |
| Start Upright | 95,043 |
| T.T.Chomas Yehosia | 75,229 |
| Talmud Torah Education Limited | 52,347 |
| Tchabe Kollel | 138,731 |
| The OJC Fund | 222,114 |
| Tzidkat Rabeinu Yoel Baretz Hakodesh | 192,072 |
| U.T.A.ofBoro Park | 201,674 |
| United Mosdos Torah Veyirah | 128,946 |
| UTA Torah V'Yirah ofN.Y. | 74,093 |
| UTRY Ltd | 62,360 |
| Yaadir Torah Banegev Ltd | 84,134 |
| Yeshiva Beth Joseph Zvi Dushinsky | 56,006 |
| Yeshiva Gedolah Torah Veyirah Seven Oaks Limited | 311,032 |
| Yeshiva Nachlas Tzvi Dkrula | 266,873 |
| Yeshiva ofKasho | 164,983 |
| Yeshivas Match Aharon | 578,953 |
| Yeshivat Ateret Yisreal Inc | 92,079 |
| Yishaya Adler Memorial Fund |
142,763 |
| Zicron Ramu | 219,905 |
| Grants and Donations less than 850,000 |
3,503,393 |
| 18,490,525 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 8 | |||||||||
| Fees | payable | for | the | audit | ofthe | financial | statements | 18,240 | 17,760 |
| 15. | CREDITOR | S: amounts falling |
due within one year | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Accruals and | deferred income | 18,240 | 24,000 | |||
| 16. | ANALYSIS | OFCHARITABLE | FUNDS | |||
| Unrestricted | funds | |||||
| At | At | |||||
| 1 April 2020 | Income | Expenditure | 31Mar 2021 | |||
| Unrestricted | Funds | 427,320 | 413,323 | (235,303) | 605,340 | |
| At | At | |||||
| 1 April 2019 | Income | Expenditure | 31Mar 2020 | |||
| Unrestricted | Funds | 394,578 | 388,129 | (355,387) | 427,320 | |
| Restricted funds | ||||||
| At | At | |||||
| I April 2020 | Income | Expenditure | 31Mar 2021 | |||
| Restricted Funds | 1380,843 | 18,174,539 | (18,327,229) | 1,128,153 | ||
| At | At | |||||
| 1 April 2019 | Income | Expenditure | 31Mar 2020 | |||
| Restricted Funds | 1,806,770 | 16,796,028 | (17,321,955) | 1380,843 |
| ANALYSIS | OF N | ET ASSE | TS | BETWEEN | FUN | DS | |||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2021 | |||||||
| K | |||||||||
| Current assets | 623,580 | 1,128,153 | 1,751,133 | ||||||
| Creditors less | than | 1 year | (18,240) | (18440) | |||||
| Net assets | 605,340 | 1,128,153 | 1,733,493 | ||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2020 | |||||||
| Current assets | 451,320 | 1,280,843 | 1,732,163 | ||||||
| Creditors less | than | 1 year | (24,000) | (24,000) | |||||
| Net assets | 427,320 | 1,280,843 | 1,708,163 | ||||||
| FINANCIAL | INSTRUMENTS | ||||||||
| The carrying | amount for each | category offinancial | instrument is as follows: |
||||||
| 2021 | 2020 | ||||||||
| Financial assets that are debt instruments | measured at amortised | cost | |||||||
| Financial assets that | are debt instruments measured |
at amortised | |||||||
| cost | 1,751,733 | 1,732,163 | |||||||
| Financial liabilities | measured | at amortised | cost | ||||||
| Financial liabilities | measured | at | amortised cost | 18,240 | 24,000 | ||||
| ANALYSIS OF CHANGES | IN NET DEBT | ||||||||
| At | |||||||||
| At 1 Apr 2020 | Cash | flows | 31Mar 2021 | ||||||
| Cash at bank | and in hand | 1,717,605 | (50) | 1,717,555 |