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2023-04-05-accounts

PAGES
Trustees' Annual
Report		 1to 2
Independent
Examiner's		 Report to the Trustees
Statement ofFinancial Activities
Statement ofFinancial Position
Notes to the Financial Statements 6to 12

YEAR END ED 5APR IL 2023 IL 2023
2023 2022
Vnrestricted
funds Total funds Total funds
Note
Income and endowments
Donations
and legacies		 4 15,130
Investment
income		 5 26,556 26,556 26,715
Total income 26,556 26,556 4],845
Expenditure
Expenditure
on raising funds:
Investment
management		 costs 6 (9,598) (9,598) (10,680)
Expenditure
on charitable		 activities 7,8 (126,204) (126,204) (69,924)
Total expenditure (135,802) (135,802) (80,604)
Net (losses)/gains
on investments		 10 (90,719) (90&719) 112,767
Net (expenditure)/income and net movement in funds (199,965) (199,965) 74,008
Reconciliation
offunds
Total funds brought
forward		 1,575,492 1,575,492 1,50],484
Total funds carried forward 1,375,527 1,375,527 1,575,492

5AP RIL 2023
2023 2022
Note
FIXEDASSETS
Investments 14 1,360,311 1,134,626
CURRENT ASSETS
Debtors 15 2,267 2,267
Cash at bank and in hand 21,109 442,559
23,376 444,826
CREDITORS: amounts falling due
within
one year		 16 (8,160) (3,960)
NET CURRENT ASSETS 15,216 440,866
TOTAL ASSETSLESS CURRENT
LIABILITIES 1,375,527 1,575,492
NET ASSETS 1,375,527 1,575,492
FUNDS OF THE CHARITY
Unrestricted
funds		 1,375,527 1,575,492
Total charity funds 17 1,375,527 1 575 492

Unrestricted Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
DONATIONS
Donations
received		 15,130 15,130
5. INVESTMENT INCOME
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Interest receivable 1,885 1&885 2,7] 1 2,711
Dividends
receivable		 11,989 11,989 11,642 ]1,642
Other investment income 12,682 12,682 12,362 12,362
26,556 26&556 26,715 26,715
6. INVESTMENT MANAGEMENT COSTS
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
f
Portfolio management 9,598 9,598 10,680 10,680
7. EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Grants paid
Support costs		 121,823
4,381		 121,823
4/81		 65,810
]t,]]4		 65,8]0
4,114
126,204 126,204 69,924 69,924
8. EXPENDITURE ON CHARITABLE ACTIVITIES BYACTIVITY TYPE
Grant funding Total funds Total fund
ofactivities Support costs 2023 2022
g
Grants paid
Governance
costs		 121,823 4,381 121,823
4/8]		 65,810
4,114
]21,823 4,381 126,204 69,924

2023 2022
GRANTS TO INSTITUTIONS
Support ofeducation, advancement ofhealth and relief ofpoverty 121,823 65,810
Total grants 121,823 65,810
The composition
ofdonations		 is shown below.
g
Hasmonean
High School Charitable
British Emunah
Fund		 Trust 26,625
20,000
Camp Simcha
Friends ofBnei Akiva		 10,180
10,000
Laniado Hospital
UK		 5,500
Jewish Womens
Aid		 5,000
Tikva UK 5,000
My Israel
Federation ofJewish		 Services 3400
3,500
University
Jewish Chaplaincy
Sundry donations		 3,000
29,518
121,823

NET (LOSS ES)/GAINS ON I NVESTM ENTS
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Gains/(losses) on investments (76,909) (76,909) 82,949 82,949
Realised Gains/(losses) on disposal of
investment
assets		 (13,810) (13,810) 29,818 29,818
(90,719) (90,719) 112,767 l 12,767
INDEPENDENT EXAMINATION FEES
2023 2022
Fees payable
Independent		 to the independent
examination
ofthe		 examiner for:
financial
statements		 4,080 3,960

Listed Other
investments investments Total
Fair value
At 6 April
Addi tions		 2022 806,184
514,014		 328,442 1,134,626
514,014
Disposals
Fair value		 movements (211,420)
(28,573)		 (48,336) (211,420)
(76,909)
At 5April 2023 1,080,205 280,106 1460,311
Impairment
At 6April 2022 and 5April 2023
Carrying
At 5April		 amount
2023		 1,080,205 280,106 1,360,311
At 5 April 2022 806,184 328,442 1,]34,626

15. The historical cost ofthe
DEBTORS		 investments
is 21,3		 08,585.
2023 2022
Other debtors 2,267 2,267
16. CREDITORS: amounts falling due within one year
2023 2022
Accruals
and deferred income		 4,080 3,960
Other creditors 4,080
8,160 3,960

Unrestri cted
funds
At Gains and At
6 April 2022 Income Expenditure losses 5April 2023
General funds 1,575,492 26,556 (135,802) (90,719) 1,375,527
At Gains and At
6 April 2021 Income
f		 Expenditure
f.		 losses 5 Apnl 2022
General funds 1,50],484 41,845 (80,604) 112,767 1,575,492

Unrestricted Total Funds
Funds 2023
f.
Tangible fixed assets 1,360,311 1/60,311
Current assets 23,367 23,367
Creditors less than 1 year (8,160) (8,160)
Net assets 1,375,518 1,375&518
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 ],575,492

FINANCIAL INST FINANCIAL INST RUMENT RUMENT RUMENT S
The carrying
amount		 for each category offinancial instrument is as follows:
2023 2022
K
Financial assets measured at fair value through income and expenditure
Financial assets measured at fair value through
income		 and
expenditure 1360,311 1,134,626
Financial assets that are debt instruments
measured		 at amortised cost
Financial assets that are debt instruments
measured		 at amortised
cost 2/67 2,267
Financial liabilities measured at amortised
cost
Financial liabilities measured at amortised cost 8,160 3,960