| PAGES | ||||
|---|---|---|---|---|
| Trustees' Annual Report (Incorporating |
the | Director's Report) | 1to3 | |
| Independent Examiner's Report to the |
Trustees | |||
| Statement ofFinancial | Activities including | Income and Expenditure | ||
| Account) | ||||
| Statement ofFinancial | Position | |||
| Notes to the Financial | Statements | 7to 14 |
| 2023 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | ||||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 30,000 | 30,000 | 38,800 | ||
| Investment income |
6 | 103,122 | 103,122 | 80,481 | ||
| Total income | 133,122 | 133,122 | 119,281 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management |
costs | 7 | (54,468) | (54,468) | (19,279) | |
| Expenditure on charitable |
activities | 8,9 | (80,983) | (80,983) | (112,121) | |
| Total expenditure | (135,451) | (135,451) | (131,400) | |||
| Net (losses)/gains on investments |
11 | (272) | (272) | 75,752 | ||
| Net (expenditure)/income | and net movement | in funds | (2,601) | (2,601) | 63,633 | |
| Reconciliation offunds |
||||||
| Total funds brought forward |
922,355 | 922,355 | 858,722 | |||
| Total funds carried forward | 919,754 | 919,754 | 922,355 |
| 31MARCH | 31MARCH | 2023 | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Note | g | ||||||
| FIXEDASSETS | |||||||
| Tangible fixed assets | 16 | 1,076,068 | 1,076,210 | ||||
| Investments | 17 | 1,812 | 2,085 | ||||
| 1,077,880 | 1,078,295 | ||||||
| CURRENT ASSETS | |||||||
| Debtors | 18 | 19,171 | 14,579 | ||||
| Cash at bank and in hand | 1,497 | 3,995 | |||||
| 20,668 | 18,574 | ||||||
| CREDITORS: amounts | falling due | ||||||
| within one year | 19 | (178,795) | (174,514) | ||||
| NET CURRENT LIABILITIES | (158,127) | (155,940) | |||||
| TOTAL ASSETSLESS | CURRENT | ||||||
| LIABILITIES | 919,753 | 922,355 | |||||
| NET ASSETS | 919,753 | 922,355 | |||||
| FUNDS OFTHE CHARITY | |||||||
| Unrestricted funds |
920,153 | 922,355 | |||||
| Total charity funds | 20 | 920,153 | 922,355 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | ||||
| DONATIONS | |||||||
| Donations | received | 30,000 | 301000 | 38,800 | 38,800 | ||
| 6. | INVESTMENT | INCOME | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| Rent and | charges | receivable | 103,122 | 103,122 | 80,473 | 80,473 | |
| Other investment | income | 8 | 8 | ||||
| 103,122 | 103,122 | 80,481 | 80,481 | ||||
| 7, | INVESTMENT | MANAGEMENT | COSTS | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| Investment | property management | ||||||
| costs | 54,468 | 54,468 | 19,279 | 19,279 | |||
| 8. | EXPENDITURE | ON CHARITABLE ACTIVITIES BYFUND TYPE | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | ||||
| 6 | |||||||
| Donations | Paid | 70,700 | 70,700 | 102,242 | 102,242 | ||
| Support costs | 10,283 | 10,283 | 9,879 | 9,879 | |||
| 80,983 | 80,983 | 112,121 | 112,121 |
| EXPENDI | TURE ON CHAR | ITABLE ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|
| Grant | |||||
| funding of | Total funds | Total fund | |||
| activities | Support costs | 2023 | 2022 | ||
| f, | 6 | ||||
| Donations | Paid | 70,700 | 70,700 | 102,242 | |
| Governance | costs | 10,283 | 10,283 | 9,879 | |
| 70,700 | 10,283 | 80,983 | 112,121 |
| Y ANALYSIS OF GRANTS |
EAR ENDED 31MARCH 2 | 023 | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| GRANTS TO INSTITUTIONS | ||||
| Furtherance ofEducation, Relief ofPoverty and Advancement | of | |||
| Religion | 70,700 | 102,242 | ||
| Total grants | 70,700 | 102,242 | ||
| The composition ofdonations | is shown below. | |||
| Amud Hatzdoko Trust | 12,400 | |||
| Live //r Learn | 10,000 | |||
| Chevras Mo'oz Ladol | 8,030 | |||
| Shir Chesed BeisYisroel | 5,680 | |||
| Yesamach Levav | 5,660 | |||
| Ichud Mosdos Gur | 2,800 | |||
| Colel Polen Kupath Ramban | 2,500 | |||
| Rosecare Foundation | 2,500 | |||
| Achisomoch | 2,200 | |||
| Less than $2,000 | 18,930 | |||
| Total | 70,700 |
| 11. | NET (LOSS | ES)/GAINS | ON INVEST | MENTS | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total Funds | ||||
| Funds | 2023 | Funds | 2022 | |||||
| 5 | ||||||||
| Gains/(losses) | on investment property |
75,500 | 75,500 | |||||
| Gains/(losses) | on listed | investments | (272) | (272) | 252 | 252 | ||
| (272) | (272) | 75,752 | 75,752 | |||||
| 12. | NET (EXPENDITURE)/INCOME | |||||||
| Net (expenditure)/income | is stated after | charging/(crediting): | ||||||
| 2023 | 2022 | |||||||
| Depreciation | oftangible | fixed assets | 142 | 178 | ||||
| 13. | INDEPENDENT EXAMINATION FEES | |||||||
| 2023 | 2022 | |||||||
| Fees payable | to the independent examiner for: |
|||||||
| Independent | examination | ofthe financial | statements | 4@20 | 4,320 |
| charity did not meet any individual charity. TANGIBLE FIXEDASSETS |
expenses incurred |
by the trustees | for services p | rovided to the |
|---|---|---|---|---|
| Freehold | Fixtures and | |||
| properties | fittings | Total | ||
| a | ||||
| Cost | ||||
| At 1April 2022 and 31March 2023 | 1,075,500 | 2,911 | 1,078,411 | |
| Depreciation | ||||
| At 1 April 2022 | 2,201 | 2,201 | ||
| Charge for the year | 142 | 142 | ||
| At 31March 2023 | 2,343 | 2,343 | ||
| Carrying amount | ||||
| At 31March 2023 | 1,075,500 | 568 | 1,076,068 | |
| At 31 March 2022 | 1,075,500 | 710 | 1,076,210 | |
| The historical cost ofthe properties | is $127,710. | |||
| INVESTMENTS | ||||
| Listed | ||||
| investments | ||||
| Cost or valuation | ||||
| At 1 April 2022 | 2,085 | |||
| Additions | ||||
| Fair value movements | (272) | |||
| At 31March 2023 | 1,813 | |||
| Impairment | ||||
| At 1April 2022 and 31March 2023 | ||||
| Carrying amount | ||||
| At 31March 2023 | 1)813 | |||
| At 31 March 2022 | 2,085 |
| Investments DEBTORS |
are measured | at fair value using quoted market shar | e prices. | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| Trade debtors | 18,414 | 6,793 | ||
| Prepayments | and accrued | income | 757 | 768 |
| Other debtors | 7,018 | |||
| 19,171 | 14,579 | |||
| CREDITORS: amounts | falling due within one year | |||
| 2023 | 2022 | |||
| Trade creditors | 20 | 2,428 | ||
| Accruals and | deferred income | 4,320 | 4,320 | |
| Other creditors | 174,455 | 167,766 | ||
| 178,795 | 174,514 |
| Unrestri | cted funds |
|||||
|---|---|---|---|---|---|---|
| At | At | |||||
| I April | Gains and | 31March | ||||
| 2022 | Income | Expenditure | losses | 2023 | ||
| s | ||||||
| General | funds | 922,355 | 133,122 | (135,451) | (272) | 919,754 |
| At | At | |||||
| I April | Gains and | 31March | ||||
| 2021 | Income | Expendituret | losses | 2022 | ||
| General | funds | 858,722 | 119,281 | (131,400) | 75,752 | 922,355 |
| ANALYSIS OFNET ASSETSBETWEEN F | UNDS | |
|---|---|---|
| Unrestricted | Total Funds | |
| Funds | 2023 | |
| f, | ||
| Investments | 1,077,881 | 1,077,881 |
| Current assets | 20,668 | 20,668 |
| Creditors less than I year | (178,795) | (178,795) |
| Net assets | 919,754 | 919,754 |
| Unrestricted | Total Funds | |
| Funds | 2022 | |
| Investments | 1,078,295 | 1,078,295 |
| Current assets | 18,574 | 18,574 |
| Creditors less than I year | (174,514) | (174,514) |
| Net assets | 922,355 | 922,355 |