| PAGE | ||||
|---|---|---|---|---|
| Trustees' | annual report | |||
| Independent examiner's |
report to the trustees | |||
| Statement | offinancial | activities | ||
| Statement | offinancial | position | ||
| Notes to | the financial | statements |
| YEAR | ENDED 31 | DECE | MBER 2020 | MBER 2020 | ||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | 6 | |||||
| INCOME AND ENDOWMENTS | ||||||
| Donations | 4 | 199,713 | 199,713 | 67,831 | ||
| Investment income |
5 | 24,437 | 24,437 | 21,989 | ||
| TOTAL INCOME | 224,150 | 224,150 | 89,820 | |||
| EXPENDITURE | ||||||
| Expenditure on raising funds: |
||||||
| Costs ofraising donations | 6 | (14,530) | (14,530) | |||
| Investment management |
costs | 7 | (3,620) | (3,620) | ||
| Expenditure on charitable activities |
$,9 | (135,198) | (135,19$) | (91,118) | ||
| TOTAL EXPENDITURE | (153,348) | (153,348) | (91,118) | |||
| Net gains on investments | 10 | 1,417,952 | 1,417,952 | |||
| NET INCOME/(EXPENDITURE) | AND NET | |||||
| MOVEMENT IN FUNDS | 1,488,754 | 1,488,754 | (1,298) | |||
| RECONCILIATION OFFUNDS | ||||||
| Total funds brought forward |
219,244 | 219,244 | 220,542 | |||
| TOTAL FUNDS CARRIED | FORWARD | 1,707,998 | 1,707,998 | 219,244 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Note | f | E | |||
| FIXEDASSETS | |||||
| Tangible fixed assets | 14 | 16,914 | 16,914 | ||
| Investments | 15 | 1,446,500 | 28,548 | ||
| 1,463,414 | 45,462 | ||||
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 249,384 | 173,782 | |||
| CREDITORS: amounts | falling due within one | ||||
| year | 16 | (4,800) | |||
| NET CURRENT ASSETS | 244,584 | 173,782 | |||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 1,707,998 | 219,244 | ||
| NET ASSETS | 1,707,998 | 219,244 | |||
| FUNDS OFTHE CHARITY | |||||
| Unrestricted funds |
1,707,998 | 219,244 | |||
| TOTAL CHARITY FUNDS | 17 | 1,707,998 | 219,244 |
| Debt instruments are subseq DONATIONS |
uently measured at amortis |
ed cost. | ||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| ): | ||||
| DONATIONS | ||||
| Donations | 199,713 | 199,713 | 67,831 | 67,831 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2020 | Funds | 2019 | ||||||
| g | |||||||||
| Income from investment | properties | 24,426 | 24,426 | 21,845 | 21,845 | ||||
| Bank interest receivable | 11 | 11 | 144 | 144 | |||||
| 24,437 | 24,437 | 21,989 | 21,989 | ||||||
| 6. | COSTS OF RAISING | DONATIONS | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| 6 | g | ||||||||
| Costs ofraising | donations | 14,530 | 14,530 | ||||||
| 7. | INVESTMENT | MANAGEMENT | COSTS | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| a | |||||||||
| Investment | management | costs | 3,620 | 3,620 | |||||
| 8. | EXPENDITURE ON CHARITABLE | ACTIVITIES BYFUND TYPE | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| 8 | 8 | ||||||||
| Provision ofsynagogue | facilities for | ||||||||
| prayer, religious communal use |
studies and | 51,645 | 51,645 | 43,179 | 43,179 | ||||
| Grants and | scholarships | 77222 | 77,222 | 47,939 | 47,939 | ||||
| Support costs | 6,331 | 6,331 | |||||||
| 135,198 | 135,198 | 91,118 | 91,118 | ||||||
| 9. | EXPENDITURE ON | CHARITABLE | ACTIVITIES BYACTIVITY TYPE | ||||||
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly | Support costs | 2020 | 2019 | ||||||
| Provision ofsynagogue | facilities for | ||||||||
| prayer, religious communal use |
studies | and | 51,645 | 51,645 | 43,179 | ||||
| Grants and | scholarships | 77,222 | 77,222 | 47,939 | |||||
| Governance | costs | 6,331 | 6,331 | ||||||
| 128,867 | 6331 | 135,198 | 91,118 |
| NET GAINS | ON | INVESTM | ENTS | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2020 | Funds | 2019 | ||||
| Gains/(losses) | on | investment | property | 1,417,952 | 1,417,952 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Fees payable | to the independent | examiner | for: | ||
| Independent | examination ofthe | financial | statements | 4,800 |
| TANGIBLE FIXEDASSETS | |
|---|---|
| Freehold | |
| property | |
| Cost | |
| At 1January 2020 and 31December 2020 | 16,914 |
| Depreciation | |
| At 1January 2020 and 31 December 2020 | |
| Carrying amount At 31December 2020 |
16,914 |
| At 31December 2019 | 16,914 |
| YEAR ENDED 31DECEMBER20 INVESTMENTS |
20 |
|---|---|
| Investment | |
| properties | |
| a | |
| Cost or valuation | |
| At 1 January 2020 | 28,548 |
| Additions | |
| Fair value movements | 1,417,952 |
| At 31December 2020 | 1,446,500 |
| Impairment | |
| At 1January 2020 and 31December 2020 |
|
| Carrying amount At 31December 2020 |
1,446,500 |
| At 31December 2019 | 28,548 |
| 16. | CREDI | TOR | S: amounts falling due within |
one year | |||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| f. | |||||||
| Accruals | and | deferred income | 4,800 | ||||
| 17. | ANALYSIS OF CHARITABLE FUNDS | ||||||
| Unrestricted | funds | ||||||
| At | At | ||||||
| 1 January | Gains and | 31December | |||||
| 2020 | Income | Expenditure | losses | 2020 | |||
| General | funds | 219,244 | 224,150 | (153,348) | 1,417,952 | 1,707,998 | |
| At | At | ||||||
| 1 January | Gains and | 31December | |||||
| 2019 | Income | Expenditure | losses | 2019 | |||
| General | funds | 220,542 | 89,820 | (91,118) | 219,244 |
| ANALYSIS OF NET ASSETSBETWEEN | FUNDS | |
|---|---|---|
| Unrestricted | Total Funds | |
| Funds | 2020 | |
| Tangible fixed assets Investments |
16,914 1,446,500 |
16,914 1,446,500 |
| Current assets | 244,584 | 244,584 |
| Net assets | 1,707,998 | 1,707,998 |
| Unrestricted | Total Funds | |
| Funds | 2019 | |
| Tangible fixed assets Invesiments |
16,914 28,548 |
16,914 28,548 |
| Current assets | 173,782 | 173,782 |
| Net assets | 219,244 | 219,244 |