Charity registration number 1000728 HALACHA LEMOSHE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 23 JUNE 2023 HALACHA LEMOSHE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trust&es Mrs N Stein Mr E S Stein (Appointed 6 October 20231 Charlly numb&r 1000728 Principal address 57 Boyne Avenue London NW4 2JL Independ&nt examlner RDP Newmans LLP Lynwood House 373-375 Slalion Road Harrow Middlesex HA1 2AW HALACHA LEMOSHE TRUST CONTENTS Page Trustees. report Slalemenl of trustees, responsibilities Independent examiner's report Slalemenl of financial activities Balance sheet Notes to the financial slalements 7-10 HALACHA LEMOSHE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 23 JUNE 2023 The trustees present their annual report and financial statements for the year ended 23 June 2023. The financial slalemenls have been prèpared in accordance with the accounting policies sel out in note 1 to the financial statements and comply with the Irusl's governing document. the Charities Act 2011 and "Accounting and Reporting by Charities." Slalement of Recommended Practice applicable lo charities preparing their accounts in 8ccordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" Objectives and activities The Irusl's objects are the advancing of orthodox Jewish religion and of promoting the orthodox Jewish religion in general in any part of the worfd. In particular, the trust assists the Talmudical College known as"Halacha Lemoshe and such other orthodox Jewsh religious and educational institutions in Israel as the Iruslee may from ty'me lo lime determine. In this context the Trustees have complied with the duly in section 17 151 of the 2011 Charities Act in giving due consideration to the Charity Commission's guidance on Public Benefrt. The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the trust should undertake. A¢hlgVgm9nl$ and pgrforman¢g The results for the year are sel out in the Statement of Financial Activities on page 5. The charity was able to raise fLJnds and transmit these for the benefit of advancing of orthodox Jewish religion and of promoting orthodox Jewish religion. All this was achieved through the hard work of a dedicated committee working in a purely voluntary capacity. Flnanclal revlew The trustees consider the performance of the charity during the year to be satisfactory. Donations of £70,84512022'. £50,857) were received during the year and grants totalling £75,50012022'. £44,000) were made during the year. It is the policy of the trust lo remit all funds received less any direct govemance costs directly to Halacha Lemoshe in Israel. As the charity does not have any significant governance costs, fc does not hold any signrficant funds. In the year under review, the unrestricted fund balance decreased to a deficit of £2,322, 12022.. Surplus of £4,1831. V￿lIst the fund had a deficit at the year end, there have been significant funds re￿iVed since to ensure the charity Is in the position lo pay any liabilities that arise. The Iruslees have assessed the major risks lo which the trust is exposed, and are satisfied that there is little exposure due to having few governance costs. Plans for future perlods The Charity intends ID continue their fundraising efforts in the coming years and as they have in the past proven to be successful, they have no plans lo change them materially. The Charity also intends to remf( funds to Halacha Lemoshe and such other institutions in Israel lo advance and promote the orthodox Jewsh religion. HALACHA LEMOSHE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 23 JUNE 2023 Structure, governance and managemont The trust was established as an unincorporated charity by a charitable trust deed on 23 June 1989. The trust was registered wlh the Charity Commission as 'Halacha Lemoshe Trust. on 1 November 1990 (Registration no. 10007281. The principal address of the trust is 57 Boyne Avenue, London, NW4 2JL. The trustees who served during the year and up to the date of signature of the financial statements were.. Mrs N Stein Mr E S Stein (Appointed 6 October 20231 Appointment of Iruslees is governed by the Trust Deed of the charity. The Board of Trustees is aulhorised lo appoint new Trustees lo fill vacancies arising through resignation or death of an existing Trustee. Any new Iruslees are, upon appointment, fully briefed and trained by the existing committee and made aware of their responsibilities and duties. The board of trustees is the governing body ¥Nhich administers the charity. All major decisions are made by the board who fomiulate policy and lo decide on strategy. Related partles There were no disclosable related party transactions during the year12022 - none). The trustees. report was approved by the Board of Trustees. Mrs N Stein Trustee Date.. HALACHA LEMOSHE TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 23 JUNE 2023 The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the incoming resources and application of resources of the trust for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consislenlly., observe the methods and principles In the Charities SORP., make judgements and estimates that are reasonable and prudent", slate whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial stslemenls", and prepare the financial slalemenls on the going concern basis unless it is inappropriate lo presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy al any lime the financial position of the trust and enable them lo ensure that the fi'nancial slalemenls comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the trust and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. HALACHA LEMOSHE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HALACHA LEMOSHE TRUST I report to the trustees on my examination of the financial statements of Halacha Lemoshe Trust Ilhe trust) for the year ended 23 June 2023. which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity's trustee, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustee those matters l am required to state lo them in this report and for no Other purpose. To the fullest extent pemiilted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustee as a body, for my work, for this report, or for the opinions I have formed. Responslbllltl8s and basls of raport As the trustees of the trust you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Acti. I report in respect of my examination of the trust's financial ststemenls carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 14515llbl of the 2011 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and Consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequenuy, l express no opinion as lo whether the financial statements present a 'true and fairf view and my report is limited to those specific matters sel out in the independent examinerfs slalement. Independent examinerfs statement I have completed my examination. I confimi that no material mallers have come lo my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the trust as required by seth'on 130 of the 2011 Act., or the financial slalemenls do not accord wth those records., or the financial slalements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a maller considered as part of an independent examination. I have no concems and have come across no other matters in ¢onne¢tion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial slalements lo be reached. David Finn FCA RDP N9wman$ LLP Lynwood House 373-375 Slalion Road Harrow Middlesex HA1 2AW Dated.. 25.11.2023 HALACHA LEMOSHE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 23 JUNE 2023 Unrestricted Unrestricted funds funds 2023 2022 Note$ Income from: Donations and legacies 70,845 50,857 Ex enditure on: Charitable activities 75,500 44,000 Other expenditure 1,850 2,778 Total expendlture 77,350 46,778 Net lexpenditurellincome for the yearl Net movement in funds {6,5051 4,079 Fund balances al 24 June 2022 4,183 104 Fund balances at 23 June 2023 {2,3221 4,183 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. HALACHA LEMOSHE TRUST BALANCE SHEET ASAT23 JUNE 2023 2023 2022 Notes Current assets Cash al bank and in hand 278 5,983 Creditors.. amounts falling due viithin one year 12,6001 11,8001 Net current Iliabilitiesllassets 12,3221 4.183 In¢ome funds Unreslricled funds 12,3221 4,183 12,3221 4,183 The financial slalemenls were approved by the Trustees on . Mrs N Stein Trustee HALACHA LEMOSHE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 23 JUNE 2023 Ac¢ountlng poll¢lg$ Charity infomiation Halacha Lemoshe Trust is an unincorporated charity registered in England and Wales. The principal address is 57 BoyneAvenue, London. NW4 2JL. 1.1 Accountlng conventlon The financial statements have been prepared in accordan￿ with the trust's governing dlxument. the Charities Act 2011 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191 The trust is a Public Benefit Entity as defined by FRS 102. The trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities IAccounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the RegLJlations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial slalements are rounded to the nearest £. The financial slalemenls have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Going concern At the lime of approving the financial ststemenls, the trustees have a reasonable expectation that the trust has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting In preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use al the discretion of the trustees in ftjrtherance of their charitsble objectives. 1.4 Income Income is recognised when the trust receives it. Cash donations are ￿cognised on receipt. Other donations are ￿cOgnised once the trust has been notified of the donation. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised al the time of the donation. 1.5 Expendlture Charitable activities include both the direct and support costs relating to these activities. Other expenditure includes the costs of any legal advice lo the trustees on governance or conslilulional matters, and external accountancy costs. Expenditure on charitsble activities are those costs incurred in support of the charitable expenditure and have been allocated to the charitable aclivily. HALACHA LEMOSHE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 23 JUNE 2023 Accounting policies (Continued) 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held 8t call with banks, other short-lerm liquid investmènts with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowngs in current liabilities. 1.7 Funds The charity's unrestricted funds are available for general use by the charity. 1.8 Nonwcash donations A subslanlial contribution lo the activities of the charity is supplied in the form of voluntary services and donated facilities. The financial benefit of these non-cash donations have not been recognised in these accounts as by their nature Il would be impractical lo quantify in monetary terms. Critical accounting estimates and judgements In the application of the trust's accounting policies. the trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other fadors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. In the view of the Trustee, there are no significant accounting eslimales and judgements applied. Donallons and legaclg$ Unrestricted Unrestricted funds funds 2023 2022 Donations and gifts 70,845 50,857 HALACHA LEMOSHE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 23 JUNE 2023 Grants payab19 2023 2022 Grants lo institutions.. Halacha Lemoshe in Israel 75,500 44,000 Trustees The trustees lor any persons connected with them) did not receive any remuneration or benefits during the year. The trustee holds £100 on the trusts declared, in the declaration of the trust deed. Employees The average monthly number of employees during the year was. 2023 Number 2022 Nurnbèr Total There were no employees whose annual remuneration was more than £60,000. Other expendlture Unrestricted Unreslrieted funds funds 2023 2022 Financing costs Accountancy 50 1,800 114 2,664 1,850 2.778 Taxatlon The charity is exempl from tsx on income and gains falling wthin section 505 of the Taxes Act 1988 or section 252 of the Taxalionof Chargeable Gains Act 1992 to the extent that these are applied lo i(s charitable objects. HALACHA LEMOSHE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 23 JUNE 2023 Crgdltors: amounts falllng duo wlthln one year 2023 2022 Trade creditors Accruals and deferred income 800 1,800 1,800 2,600 1,800 10 Related party transactions There were no dis¢losable related party transactions during the year12022 - none). 10- Virtual Cabinet Portal Digital Signatures Digital Signature Verification You can verify that this is a g8nUln8 Virtual Cabinet Document Portal sign8d docutnent by uploading it to the following secure web page.. https.'I1w￿.VirtUaICab1netportaI.cOM}Ver1fyslgnedDocUMent Signature Dates and Times All dates and times shown in the signatures below are expressed in Coordinated Universal Time IUTCI. which is gener8lly equivalent to GMT. You can find out more about UTC at the following web page.. htty)'.1h￿￿.vIrtua1r￿bIn￿tportal.C0m￿hat1suTC Signature 1 Signed by Naomi Stein using authentication code aWxkbU9meXllbjVk at IP address 147.148.64.203, on 2023111125 18'.27.'49 Z. Naomi Stein's trmail address is.. nbstein786@gmail.com.