| PAGES | ||
|---|---|---|
| Trustees' | Annual Report | 1to2 |
| Independent Examiner's Report to the Trustees |
||
| Statement | ofFinancial Activities | |
| Statement | ofFinancial Position | |
| Notes to | the Financial Statements | 6to 11 |
| 2022 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 15,130 | 15,130 | ||||
| Investment income |
5 | 26,715 | 26,715 | 28,066 | |||
| Total income | 41,845 | 41,845 | 28,066 | ||||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Investment management |
costs | 6 | (10,680) | (10,680) | (14,026) | ||
| Expenditure on charitable |
activities | 7,8 | (69,924) | (69,924) | (87,910) | ||
| Total expenditure | (80,604) | (80,604) | (101,936) | ||||
| Net gains on investments | 10 | 112,767 | 112,767 | 228,464 | |||
| Net income and net movement | in funds | 74,008 | 74,008 | 154,594 | |||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
1,501,484 | 1,501,484 | 1,346,890 | ||||
| Total funds carried forward | 1,575,492 | 1,575,492 | 1,501,484 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| FIXEDASSETS | ||||||
| Investments | 14 | 1,134,626 | 1,456,647 | |||
| CURRENT ASSETS | ||||||
| Debtors | 15 | 2,267 | 2,201 | |||
| Cash at bank and in hand | 442,559 | 46,476 | ||||
| 444,826 | 48,677 | |||||
| CREDITORS: amounts | falling due | |||||
| within one year |
16 | (3,960) | (3,840) | |||
| NET CURRENT ASSETS | 440,866 | 44,837 | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES | 1,575,492 | 1,501,484 | ||||
| NET ASSETS | 1,575,492 | 1,501,484 | ||||
| FUNDS OF THE CHARITY | ||||||
| Unrestricted funds |
1&575,492 | 1,501,484 | ||||
| Total charity funds | 17 | 1,575,492 | 1,501,484 |
| Unrestricted | Unrestricted | Total Funds | Unrestricted | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||||
| DONATIONS | ||||||||
| Donations received |
15,130 | 15,130 | ||||||
| 5. | INVESTMENT INCOME | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| Interest receivable | 2,711 | 2,711 | 4,320 | 4,320 | ||||
| Dividends receivable |
11,642 | 11,642 | 12,365 | 12,365 | ||||
| Other investment | income | 12,362 | 12,362 | 11,381 | 11,381 | |||
| 26,715 | 26,715 | 28,066 | 28,066 | |||||
| 6. | INVESTMENT MANAGEMENT | COSTS | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| Portfolio management | 10,680 | 10,680 | 14,026 | 14,026 | ||||
| 7. | EXPENDITURE | ON CHARITABLE ACTIVITIES BYFUND TYPE | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| Grants paid | 65,810 | 65,810 | 83,368 | 83,368 | ||||
| Support costs | 4,114 | 4,114 | 4,542 | 4,542 | ||||
| 69,924 | 69,924 | 87,910 | 87,910 | |||||
| 8. | EXPENDITURE | ON CHARITABLE ACTIVITIES BYACTIVITY TYPE | ||||||
| Grant | funding | Total | funds | Total fund | ||||
| ofactivities | Support costs | 2022 | 2021 | |||||
| a | ||||||||
| Grants paid | 65,810 | 65,810 | 83,368 | |||||
| Governance costs |
4,114 | 4,114 | 4,542 | |||||
| 65,810 | 4,114 | 69,924 | 87,910 |
| ANALYSIS OF | GRA | NTS | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| GRANTS TO INSTITUTIONS | |||||||
| Support ofeducation, | advancement | ofhealth | and relief ofpoverty | 65&810 | 83,598 | ||
| Total grants | 65&810 | 83,598 | |||||
| The composition | ofdonations | is shown below. | |||||
| 5 | |||||||
| British Emunah | Fund | 20,000 | |||||
| Hasmonean High School Charitable |
Trust | 15,650 | |||||
| Laniado Hospital | UK | 5,000 | |||||
| Chai-Lifeline Cancer |
Care | 4,300 | |||||
| Sundry donations | 20,860 | ||||||
| 65,810 |
| NET GAIN | S | ON | INVE | STME | NTS | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 202) | ||||||
| 4 | |||||||||
| Gains/(losses) | on | investments | 82,949 | 82,949 | 211,174 | 211,174 | |||
| Realised Gains/(losses) | on disposal of | ||||||||
| investment | assets | 29,818 | 29,818 | 17,290 | 17,290 | ||||
| 112,767 | 112,767 | 228,464 | 228,464 | ||||||
| INDEPENDENT | EXAMINATION FEES | ||||||||
| 2022 | 2021 | ||||||||
| Fees payable | to the independent | examiner for: | |||||||
| Independent | examination | ofthe | financial | statements | 3/60 | 3,840 |
| Listed | Other | |||
|---|---|---|---|---|
| investments | investments | Total | ||
| Fair value | ||||
| At 6 April | 2021 | 1,175,891 | 280,756 | 1,456,647 |
| Additions | 694,408 | 694,408 | ||
| Disposals | (1,099,378) | (1,099,378) | ||
| Fair value | movements | 35,263 | 47,686 | 82,949 |
| At 5April | 2022 | 806,184 | 328,442 | 1,134,626 |
| Impairment | ||||
| At 6April | 2021 and 5April 2022 | |||
| Carrying At 5April |
amount 2022 |
806,184 | 328,442 | 1,134,626 |
| At 5 April | 2021 | 1,175,891 | 280,756 | 1,456,647 |
| 15. | movements in fair value The historical cost ofthe DEBTORS |
are recognised in the profit and loss. investments is SL003,344. |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Other debtors | 2)267 | 2,201 | ||
| 16. | CREDITORS: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| Accruals and deferred income |
3/60 | 3,840 |
| Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| At | Gains and | At | |||||
| 6 | April 2021 | Income | Expenditure | losses | 5April 2022 | ||
| General | funds | 1,501,484 | 41,845 | (80,604) | 112,767 | 1,575,492 | |
| At | Gains and | At | |||||
| 6 | Apri 12020 | Income | Expenditure | losses | 5April 2021 | ||
| General | funds | ],346,890 | 28,066 | (101,936) | 228,464 | 1,501,484 |
| Unrestricted | Total Funds | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 | |||||||||||||||
| Tangible | fixed assets | 1,134,626 | 1,134,626 | |||||||||||||
| Current | assets | 444,826 | 444,826 | |||||||||||||
| Creditors | less | than | 1 year | (3,960) | (3,960) | |||||||||||
| Net assets | 1,575,492 | 1475,492 | ||||||||||||||
| Unrestricted | Total Funds | |||||||||||||||
| Funds | 2021 | |||||||||||||||
| Tangible | fixed assets | 1,456,647 | 1,456,647 | |||||||||||||
| Current | assets | 48,677 | 48,677 | |||||||||||||
| Creditors | less | than | 1 year | (3,840) | (3,840) | |||||||||||
| Net assets | 1,501,484 | 1,501,484 | ||||||||||||||
| FINANCIAL | INSTRUMENTS | |||||||||||||||
| The carrying | amount for each | category of | financial | instrument | is as follows: | |||||||||||
| 2022 | 2021 | |||||||||||||||
| Financtal | assets measured | at | fair value | through | income and expenditure | |||||||||||
| Financial | assets measured | at | fair value through | income | and | |||||||||||
| expenditure | I,I34,626 | 1,456,647 | ||||||||||||||
| Financial | assets that are | debt instruments | measured | at amortised | cost | |||||||||||
| Financial | assets that are debt | instruments | measured | at | amortised | |||||||||||
| cost | 2/67 | 2,201 | ||||||||||||||
| Financial | liabilities | measured | at amortised | cost | ||||||||||||
| Financial | liabilities | measured | at | amortised | cost | 3@60 | 3,840 |