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2022-03-31-accounts

PAGE
Trustees' annual report (incorporating the director's report)
Independent
auditor's		 report to the members
Statement offinancial activities (including income and expenditure
account)
Statement offinancial position 12
Statement ofcash flows 13
Notes to the financial statements 14

2022 2021
Unrestricted Restricted
funds funds Total funds Total funds
Nate
Income and endowments
Donations
and legacies		 5 18,690,102 18,690,102 18,587,862
Charitable
activities		 6 414,963 (414,963)
Investment
income		 7 14 14
Total income 414,977 18,275,139 18,690,116 18,587,862
Expenditure
Expenditure
on charitable		 activities 8,9 (479,172) (17,543,912) (18,023,084) (18,562,532)
Total expenditure (479,172) (17,543,912) (18,023,084) (18,562,532)
Net income and net movement in funds (64,195) 731,227 667,032 25,330
Reconciliation offunds
Total funds brought forward 605,340 1,128,153 1,733,493 1,708,163
Total funds carried forward 541,145 1,859,380 2,400,525 1,733,493

31MARCH 2022 31MARCH 2022
2022 2021
Note
CURRENT ASSETS
Debtors 15 8,628 34,178
Cash at bank and in hand 2,410,397 1,717,555
2,419,025 1,751,733
CREDITORS: amounts falling due
within
one year		 16 (18,500) (18,240)
NET CURRENT ASSETS 2,400,525 1,733,493
TOTAL ASSETSLESS CURRENT
LIABILITIES 2,400,525 1,733,493
NET ASSETS 2,400,525 1,733,493
FUNDS OF THE CHARITY
Restricted funds 1,859,380 1,128,153
Unrestricted
funds		 541,145 605,340
Total charity funds 17 2,400,525 1,733,493

Y E AR ENDED 31MARCH 2022
2022 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net income 667,032 25,330
Adjustments for:
Other interest receivable and similar income (14)
Interest payable and similar charges 4,045 3,318
Accrued expenses/(income) 260 (5,760)
Changes in:
Trade and other debtors		 25,550 (19,620)
Cash generated
from		 operations 696,873 3,268
Interest paid (4,045) (3,318)
Interest received 14
Net cash from/(used in) operating activities 692,842 (50)
NET INCREASE/(DECREASE) IN CASH AND CASH
EQUIVALENTS
CASH AND CASH		 EQUIVALENTS AT BEGINNING OF YEAR 692,842
1,717,555		 (50)
1,717,605
CASH AND CASH EQUIVALENTS AT END OF YEAR 2,410,397 1,717,555

member
in the event
DONATIONS
AND		 ofwinding
up is
LEGACIES		 limited to 5L
Restricted Total Funds Restricted Total Funds
Funds 2022 Funds 2021
DONATIONS
Donations received 17,329,321 17@29,321 17,329,305 17,329,305
Gift Aid received net 1,088,625 1,088,625 1,006,846 1,006,846
Taxation recoverable on Donations 272,156 272,156 251,711 251,711
18,690,102 18,690,102 18,587,862 18,587,862

6. CHARITABLE ACTIVITIES
Unrestricted Restricted Total Funds
Funds Funds 2022
K
Commission 414,963 (414,963)
Unrestricted Restricted Total Funds
Funds Funds 2021
Commission 413,323 (413,323)
7. INVESTMENT INCOME
7. INVESTMENT INCOME
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
Bank interest receivable 14 14
8. EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE
Unrestricted Restricted Total Funds
Funds Funds 2022
Grants and Donations 393,066 17,543,912 17,936,978
Support costs 86,106 86,106
479,172 17,543,912 18,023,084
Unrestricted Restricted Total Funds
Funds Funds 2021
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
9. EXPENDITURE ON CHARITABLE ACTIVITIES BYACTIVITY TYPE
Grant funding Total funds Total fund
ofactivities Support costs 2022 2021
a
Grants and Donations 17,936,978 63,561 18,000,539 18,546,734
Governance
costs		 22,545 22,545 15,798
17,936,978 86,106 18,023,084 18,562,532

10. ANALYSIS OFSUPP ORT COSTS
Grants And
Donations
Total 2022		 Total 2021
a
Communications
and IT		 19,592
19,592		 16,433
Governance
costs		 22,545
22,545		 15,798
Printage
postage and stationery		 34,768
34,768		 30,145
Office Management
costs		 9,000
9,000		 9,430
Legal and professional
fees		 201
201		 201
86,106
86,106		 72,007
11. ANALYSIS OF GRANTS
2022 2021
GRANTS TO INSTITUTIONS
Advancement
ofHealth		 11,322 18,318
Grants to other grant making charities 2,233,454 3,273,132
Education
and Training		 10,690,874 11,194,100
ReliefofPoverty 4,260,372 2,937,126
Religious activities 436,399 759,952
17,632,421 18,182,628
GRANTS TO INDIVIDUALS
Relief ofPoverty 304,557 307,897
Total grants 17,936,978 18,490,525
Grants and donations paid
Charity
Keren Ezra Mimitzar 1,623,050
Cong Ohel Torah 2,015,995
Cong Yetev Lev 52 Street 618,023
Beis Aidel Bnos Chai Pesel 611,881
Amud Hatzdokoh
Trust		 453,483
Cong Khal Chasidei Skwera inc 395,046
Palmcourt
Ltd		 377,100
Yeshivas Match Aharon 351,421
Darchi Tzedek Porisob 324,500
Yeshiva Gedolah Torah Veyirah Seven Oaks Limited 307,140
United Mosdos Torah Veyirah 300,000
Kollel Torah Ve Yirah Limited 261,426
Kolel Bais Avrohom
D-Spinka		 255,000
Cong Yetev Lev Dsatmar 244,963
Kollel Veyoel Moshe 234,949
Shaykel Esuh 233,608
Mifal Tzdaka Vchesed Vyoel Moshe 223,700

15. No remunemtion
or othe
received by the trustees.
DEBTORS		 r benefits
from
employment
with the		 charity
or a related
 entity
were
2022 2021
Other debtors 8,628 34,178
16. CREDITORS; amounts falling due within one year
2022 2021
Accruals and deferred income 18,500 18,240

ANALYSIS
Unrestricted		 OF CHARITAB
funds		 LE FUNDS
At At
I Apr 2021 Income Expenditure 31Mar 2022
6
Unrestricted Funds 605,340 414,977 (479,172) 541,145
At At
I Apr 2020 Income Expenditure 31Mar 2021
6
Unrestricted Funds 427,320 413,323 (235,303) 605,340

At At
1 Apr 2021 Income Expenditure 31Mar 2022
s
Restricted Funds 1,128,153 18,275,139 (17,543,912) 1,859,380
At At
1 Apr 2020 Income Expenditure 31Mar 2021
f,
Restricted Funds 1,280,843 18,174,539 (18,327,229) 1,128,153
ANALYSIS OF NET ASSETSBETWEEN FUNDS
Unrestricted Restricted Total Funds
Funds Funds 2022
Current assets 559,645 1,859,380 2,419,025
Creditors less than 1 year (18,500) (18,500)
Net assets 541,145 1,859,380 2,400,525
Unrestricted Restricted Total Funds
Funds Funds 2021
Current assets 623,580 1,128,153 1,751,733
Creditors less than 1 year (18,240) (18,240)
Net assets 605,340 1,128,153 1,733,493
FINANCIAL INSTRUMENTS
The carrying amount for each category of financial instrument
is as follows:
2022		 2021
Financial assets that are debt instruments measured at amortised cost
Financial assets that are debt instruments measured at amortised
cost 2,419,025 1,751,733
Financial liabilities measured at amortised cost
Financial liabilities measured at amortised cost 18,500 18,240

ANA LY SIS OF CH ANGES IN NET DEBT
At At
1 Apr 2021 Cash flows 31Mar 2022
s
Cash at bank and in hand 1,717,555 692,842 2,410,397