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|---|---|---|---|---|---|
|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|
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|||||
|Income and endowments||||||||
|Donations
and legacies|||5||18,940,499|18,940,499|18,690,102|
|Charitable
activities|||6|408,047|(408,047)|||
|Investment
income|||7|300||300|14|
|Total income||||408,347|18,532,452|18,940,799|18,690,116|
|Expenditure||||||||
|Expenditure
on charitable||activities|8,9|(344,844)|(19,166,545)|(19,511489)|(18,023,084)|
|Total expenditure||||(344,844)|(19,166,545)|(19,511889)|(18,023,084)|
|Net (expenditure)/income||and net||||||
|movement
in funds||||63,503|(634,093)|(570,590)|667,032|
|Reconciliation offunds||||||||
|Total funds brought|forward|||541,145|1,859,380|2,400,525|1,733,493|
|Total funds carried|forward|||604,648|1,225,287|1,829,935|2,400,525|
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|||31MARCH|31MARCH|2023||||
|---|---|---|---|---|---|---|---|
|||||2023||2022||
|||,iiote|f.|||f||
|CLtRRKNT ASSETS||||||||
|Debtors||15|8,584|||8,628||
|Cash at bank and in hand|||1,840,351|||2,410)397||
||||1,848,935|||2,419,025||
|CREDITORS: amounts|faBing due|||||||
|within one year||16|(19,000)|||(18,500)||
|lstKT CURRENT ASSETS|||||1,829/35||2,400,525|
|TOTAL ASSETSLESS|CI.RRENT|||||||
|LIABILITIES|||||1,829,935||2,400,525|
|NET ASSKTS|||||1,$29,935||2,400,525|
|FUNDS OFTHK CHARITY||||||||
|Restricted funds|||||1/25,287||1,859,380|
|Unrestricted
funds|||||604,648||541.145|
|Total chtndty funds||17|||1,829,935||2,400,525|
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||Y|EARENDED 31MARCH 2023|||
|---|---|---|---|---|
||||2023|2022|
|CASH FLOWS FROM OPERATING ACTIVITIES|||||
|Net (expenditure)/income|||(570,590)|667,032|
|Adj ttstmenrs for:|||||
|Other interest receivable|and similar income||(300)|(14)|
|Interest payable and similar charges|||5,230|4,045|
|Accrued expenses|||500|260|
|Changesin:|||||
|Trade and other debtors|||44|25,550|
|Cash generated from operations|||(565,116)|696,873|
|Interest paid|||(5,230)|(4,045)|
|Interest received|||300|14|
|Net cash (used in)/from|operating|activities|(570,046)|692,842|
|NET (DECREASE)/INCREASE||IN CASH AND CASH|||
|EQUIVALENTS|||(570,046)|692,842|
|CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR|||2,410,397|1,717,555|
|CASH AND CASH EQUIVALENTS AT END OFYEAR|||1,840,351|2,410,397|
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|DONATIONS
AND|LEGACIES|||||
|---|---|---|---|---|---|
|||Restricted|Total Funds|Restricted|Total Funds|
|||Funds|2023|Funds|2022|
|DONATIONS||||||
|Donations received||17,679,579|17,679,579|17,329,321|17,329,321|
|Gift Aid received net||1,008,736|1,008,736|1,088,625|1,088,625|
|Taxation recoverable|on Donations|252,184|252,184|272,156|272,156|
|||18,940,499|18,940,499|18,690,102|18,690,102|
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|6.|CHARITABLE ACTIVITIES|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||Commission||408,047|(408,047)||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
||Commission||414,963|(414,963)||
|7.|INVESTMENT INCOME|||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
||Bank interest receivable|300|300|14|14|
|8.|EXPENDITURE ON CHARITABLE|ACTIVITIES BYFUND TYPE||||
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||Grants and Donations||242,017|19,166,545|19,408,562|
||Support costs||102,827||102,827|
||||344,844|19,166,545|19,511,389|
||||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|
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|9.|EKPENDITURE ON|CHA|RITABLE|ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|---|---|
|||||Grant funding||Total funds|Total fund|
|||||ofactivities|Support costs|2023|2022|
||||||||f.|
||Grants and Donations|||19,408,562|78,257|19,486,819|18,000,539|
||Governance
costs||||24,570|24,570|22,545|
|||||19,408,562|102,827|19,511489|18,023,084|
|10.|ANALYSIS OF SUPPORT||COSTS|||||
||||||Unrestricted|||
||||||Funds|Total 2023|Total 2022|
||Communications
and IT||||33,443|33,443|19,592|
||Governance
costs||||36,433|36,433|22,545|
||Printage postage and stationery||||8,180|8,180|34,768|
||Office Management
costs||||201|201|9,000|
||Legal and professional|fees|||24,570|24,570|201|
||||||102,827|102,827|86,106|
|11.|ANALYSIS OF GRANTS|||||||
|||||||2023|2022|
||GRANTS TO INSTITUTIONS|||||||
||Advancement
ofHealth|||||11,549|11,322|
||Grants to other grant making||charities|||2,711,533|2,233,454|
||Education
and Training|||||10,854,687|10,690,874|
||Relief ofPoverty|||||5,052,937|4,260,372|
||Religious activities|||||503,399|436,399|
|||||||19,134,105|17,632,421|
||GRANTS TO INDIVIDUALS|||||||
||Relief ofPoverty|||||274,457|304,557|
||Total grants|||||19,408,562|17,936,978|
||Grants aud donations|paid||||||
||Charity|||||||
||Keren Ezra Mimitzar||||2,027,950|||
||Cong Ohel Torah||||1,956,693|||
||Yeshivas Match Aharon||||704,782|||
||Ohel Torah (Food)||||632,608|||
||Beis Aidel Bnos Chai Pesel||||616,449|||
||Amud Hatzdokoh
Trust||||505,367|||
||Darchi Tzedek Porisob||||422,005|||
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|ANALYSIS OFGR|ANTS
(condoned)|ANTS
(condoned)|ANTS
(condoned)||
|---|---|---|---|---|
|Mesifia Talmudical|College|||75,995|
|Tchabe Kollel||||75,365|
|Satmar Kolel||||72,790|
|Kehilas Beis Yakov||Simshon Beis Shemes||71,500|
|Yeshuos Shabbos||||71,058|
|Yishaya Adler Memorial|||Fund|70,336|
|Kollel Satmar||||70,286|
|Yesamach Levav||||62,015|
|Chareidim
Beis Shymesh||||59,670|
|Mosdos Toldos Aharon||||57,616|
|Bais Rachel School|vzw|||54,496|
|The Z.S.V.Trust||||54,366|
|Cong Sharei Sholom||||53,127|
|Grants and Donations||less than f50,000||3,881,278|
|||||19,408,562|
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|Fees|payable|for|the|audit|ofthe|financial|statements|19,000|18,500|
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|15.|No remuneration
or othe
received by the trustees.
DEBTORS|r benefits
from em|ployment
with the|charity
or a related
|entity
were|
|---|---|---|---|---|---|
|||||2023|2022|
||Other debtors|||8,584|8,628|
|16,|CREDITORS: amounts|falling due within|one year|||
|||||2023|2022|
||Accruals and deferred income|||19,000|18,500|
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||||||At||||At|
|---|---|---|---|---|---|---|---|---|---|
|||||1 Apr 2022||Income|Expenditure|31Mar 2023||
||||||f|||||
|Unrestricted|||Funds|541,145||408,347|(344,844)||604,648|
||||||At||||At|
|||||1 Apr 2021||Income|Expenditure||31Mar 2022|
||||||||4||f,|
|Unrestricted|||Funds|605,340||414,977|(479,172)||541,145|
|Restricted||funds||||||||
||||||At||||At|
|||||1 Apr 2022||Income|Expenditure||31Mar 2023|
||||||1:|||||
|Restricted Funds||||1,859,380||18,532,452|(19,166,545)||1,225,287|
||||||At||||At|
|||||1 Apr 2021
t||Income|Expenditure||31 Mar 2022|
|Restricted Funds||||1,128,153||18,275,139|(17,543,912)||1,859,380|
|ANALYSIS|||OFNET ASSETSBETWEEN||FUNDS|||||
|||||||Unrestricted|Restricted||Total Funds|
|||||||Funds|Funds||2023|
|Current|assets|||||623,648|1,225,287||1,848,935|
|Creditors|less than|||1 year||(19,000)|||(19,000)|
|Net assets||||||604,648|1,225,287||1,829,935|
|||||||Unrestricted|Restricted||Total Funds|
|||||||Funds|Funds||2022|
||||||||||f|
|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|
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|The carrying|The carrying|amount for each|amount for each|category offinancial|category offinancial|category offinancial|instrument|instrument|is as follows:|is as follows:||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2023|2022||
|Financial|assets that are debt instruments|||||measured||at amortised||cost||||
|Financial|assets that||are debt instruments||measured||at|smortised||||||
|cost||||||||||1,848,935||2,419,025||
|Financial|liabilities||measured|at amortised||cost||||||||
|Financial|liabilities||measured|at amortised|cost||||||19,000|18,500||
|ANALYSIS||OF CHANGES||IN NET DEBT||||||||||
|||||||||||||At||
|||||||||At 1 Apr|2022|Cash|flows|31Mar|2023|
||||||||||||||s|
|Cash at bank||and in|hand|||||2,410,397||(570,046)||1,840,351||
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