| Contents | |||
|---|---|---|---|
| Page | |||
| Reference and administrative | information | ||
| Trustees' annual report |
2-4 | ||
| Independent auditor's report |
5-7 | ||
| Statement offinancial activities | |||
| (incorporating an income and expenditure |
account) | ||
| Balance sheet | |||
| Statement ofcash flows | 10 | ||
| Notes to the financial statements | 11-15 |
| Forthe year ended 31December 2022 | Forthe year ended 31December 2022 | |
|---|---|---|
| Trustees: | Rabbi Yitzchok Sufdn | |
| Daniel Meyer Wolffe | ||
| Rabbi Menachem | Salek (Chair) | |
| Charity number: | 327485 | |
| Registered ofnoe: | 68 Lingwood Road |
|
| London | ||
| E59BN | ||
| Auditors: | Goldwins Limited |
|
| 75 Maygrove Road |
||
| West Hampstead | ||
| London NW6 2EG |
||
| Bankers | Natwest Bank Pic |
|
| 250 Bishopsgate | ||
| London EC2M 4AA |
| Forthe year ended 3 | 1December | 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Notes | Funds | Funds | Funds | Funds | ||
| 8 | 8 | 8 | 8 | |||
| Income from: | ||||||
| Donations | 3 | 1,102,979 | 1,102,979 | 1,444,307 | ||
| Total Income | 1,102,979 | 1,102,979 | 1,444,307 | |||
| Expenditure on: |
||||||
| Raising funds | 51,470 | 51,470 | 48,123 | |||
| Charitable activities |
1,060,576 | 1,060,578 | 1,351,719 | |||
| Total expenditure | 4 | 1,112,048 | 1,112,048 | 1,399,842 | ||
| Net income I(expenditure) | for the year | (9,069) | - | (9,069) | 44,465 | |
| Reconciliation offunds: |
||||||
| Total funds brought forward | 47,511 | 47,511 | 3,046 | |||
| Total funds carried forward | 10 | 38,442 | 38,442 | 47,511 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 6 | |||||||
| Net income forthe reporting | period | (9,069) | 44,465 | ||||
| (as per the statement | offinancial activities) | ||||||
| Increase I(decrease) | in creditors | 464 | |||||
| Net cash provided by operating activities |
(8,528) | 44,929 | |||||
| 2022 | 2021 | ||||||
| 8 | 6 | ||||||
| Change in cash and |
cash | equivalents | In | the year | (8,528) | 44,929 | |
| Cash and cash equivalents | at | the beginning | ofthe year | 55,794 | 10,865 | ||
| Cash and cash equivalents | atths end | of | the year | 47,266 | 55,794 |
| Detailed c | om | paratl | ves forthe stateme |
nt offinancial activities | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | |||||
| Unrestricted | Restricted | Total | |||||
| f | f | f | |||||
| Income from: | |||||||
| Donations | 1,444,307 | 1,444,307 | |||||
| Total income | 1,444,307 | 1,444,307 | |||||
| Expenditure | on: | ||||||
| Fundra ising Costs | 48,123 | 48,123 | |||||
| Charitable | activities | 1,351,719 | 1,351,719 | ||||
| Total expenditure | 1,399,842 | 1,399,842 | |||||
| Net movement | in funds | 44,465 | 44,465 | ||||
| Total funds | brought | forward | 3,046 | 3,046 | |||
| Total funds | carried | forward | 47,511 | 47511 | |||
| Income from | donations | ||||||
| 2022 | 2021 | ||||||
| Unrestricted | Restricted f |
Total f |
Total f |
||||
| Donations | 1,102,979 | - | 1,102,979 | 1,444,307 | |||
| 1,102,970 | 1,102,9'70 | 1,444,307 |
| Analysis of | expen | diture | |||||
|---|---|---|---|---|---|---|---|
| Cost of | Charitable | Governance | 2022 | 2021 | |||
| raising fundsf | Activitiesf | coalsf | Totalf | Totalf | |||
| Fundraising costs |
3,082 | 3,082 | 5,193 | ||||
| Staffcosts | 36,000 | 36,000 | 36,000 | ||||
| Bank charges | |||||||
| Donations to | institutions | 1,060,578 | 1,060,578 | 1,351,719 | |||
| Rent | 4,973 | 4,973 | |||||
| Bank fees | 147 | 147 | |||||
| Accountancy | fees | 3,408 | 3,408 | 3,570 | |||
| Auditors remuneration |
3,860 | 3,860 | 3,360 | ||||
| 39,082 | 1,060,578 | 12,388 | 1,112,048 | 1,399,842 | |||
| Governance | costs | 12,388 | 12,388 | ||||
| Total expenditure | 2022 | 51,470 | 1,000,578 | 1,112,048 | |||
| Total expenditure | 2021 | 49,891 | 1,077,010 | 1,399,842 |
| 5 | Net Income I(expenditure) | forthe | year | |||
|---|---|---|---|---|---|---|
| This is stated after charging | I(crediting): | 2022f | 2021f | |||
| Auditors remuneration - net |
3,167 | 3,050 | ||||
| 6 | Analysis of staff costs, |
trustee | remuneration | and expenses, | and the cost of key | management |
| personnel | ||||||
| Staff costs were as follows: | 2022f | 2021f | ||||
| Salariies and wages | 30,000 | 36,000 | ||||
| Social security costs | ||||||
| 36,000 | 36,000 |
| Creditor | s: a | mounts | falgng due within one year | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 8 | |||||
| Taxation | and | social | security | 1,692 | 1,675 |
| Accruals | 7,132 | 6,606 | |||
| 8,824 | 8,283 |
| 9 | Analysis of | n | et assets be | tween funds | ||||
|---|---|---|---|---|---|---|---|---|
| General | Total | |||||||
| unrestricted | Restricted | funds | ||||||
| 8 | 5 | |||||||
| Net current assets | 36,442 | 36,442 | ||||||
| Net assets at | the end ofthe year | 38,442 | 38,442 | |||||
| General | Total | |||||||
| Analysis of | net assets between funds | 2021 | unresbtcted | Restricted | funds | |||
| 5 | ||||||||
| Net current assets | 47,511 | 47,511 | ||||||
| Net assets at | the end ofthe year | 47,511 | 47,511 | |||||
| 10 | INovements | In funds | At the | |||||
| start of | At the end | |||||||
| the year 5 |
Income 5 |
Expenditure f |
Transfers 5 |
ofthe year 5 |
||||
| Unrestricted | funds: | |||||||
| Trust funds | 5 | 5 | ||||||
| General funds | 47,506 | 1,102,979 | (1,1 12,046) | 36,437 | ||||
| Totalfunds | 47,511 | 1,102,979 | 1,112,048 | 38,442 |