THE FRIENDS OF OHR YECHIEL TRUST
Financial Accounts Year Ended 31 March 2023
Charity Commission No:1038062
CHARITY COMMISSION NUMBER: 1038062 REPORT OF THE TRUSTEES OF THE FRIENDS OF OHR YECHIEL TRUST
Year ended 31[st] March 2023
SECTION 1 LEGAL AND ADMINISTRATIVE INFORMATION Trustees M. Rothfeld Esq Y. Chersky Esq Rabbi M. Waltner Bankers TSB Bank Plc 174 Clapton Common London E5 9AQ Principal Address 149A Stamford Hill London N16 5LL Governing Document Trust Deed dated 30[th] November1992 Objects of the Fund Advancing Orthodox Jewish religious education and in particular through assisting the Institute Ohr Yechiel College for Advanced Rabbinic and Talmudic Studies in Jerusalem.
SECTION 2
ACTIVITIES AND ACHIEVEMENTS
The Trust continued in its main object of sending funds to the Institute in Jerusalem.
Statement of Financial Activities
This is set out on page 3 of the financial statement
Reserves Policy
It is the policy of the Trustees to distribute grants as and when the need arises and thus no provision for future funding is applicable.
Risk Review
The Trustees confirm that there are no major risks to which the Trust is exposed.
This report was approved by the Trustees and signed on their behalf.
31 July 2023
CHAIRMAN
CHARITY COMISSION NUMBER: 1038062
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF
THE FRIENDS OF OHR YECHIEL TRUST
I report on the accounts of the Trust for the year ended 31[st] March 2023, which are set out on page 3 to 5.
Respective responsibilities of Trustee and Examiner
As the charity’s trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7) (b) of the Act, whether particular matters have come to my attention.
Basis of Independent Examiner’s Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you, as trustee, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner’s statement
In connection with my examination, no matter has come to my attention.
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(a) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with section 41 of the Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
MICHAEL SABERSKI Accountant 16 HurstdeneGardens London N15 6NA 31 July 2023
THE FRIENDS OF OHR YECHIEL TRUST
Statement of Financial Activities
Year ended 31[st] March 2023
| Unrestricted Funds Incoming Resources Donations Received Expenditure Direct Charitable Expenditure (grants) Total Expenditure Net (Outgoing) Incoming Resources |
2023 £ 43,732 43,732 43,500 43,500 £ 232 |
2022 £ 70,464 70,464 60,710 60,710 £ 9,754 |
2022 £ 70,464 70,464 |
2022 |
|---|---|---|---|---|
| 60,710 | ||||
| 60,710 |
THE FRIENDS OF OHR YECHIEL TRUST
Statement of Assets and Liabilities at 31[st] March 2023
| CURRENT ASSETS Bank Account Represented by: Accumulated Revenue Funds |
Notes (1) |
2023 £ 48,103 48,103 |
2022 £ 47,871 47,871 |
|---|---|---|---|
The notes on page 5 form part of these financial statements.
…………………………….Trustee 31 July 2023
The Friends of Ohr Yechiel Trust
Notes to the financial statements
For the year ended 31 March 2023
1. Accounting Policies
1.1. Accounting convention
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’.
1.2. Income
Income is received by way of donations and is included in full in the Statement of Financial Activities when received.
1.3. Expenditure
Liabilities are recognised in the year in which they are incurred,
2. Charitable Activities
| Grants Total 3. Accumulated Funds Balance as at 1 April 2022 Net Incoming (Outgoing) Resources Fund Balance carried forward |
2023 £ 60,710 60,710 2023 £ 47,871 232 48,103 |
2023 £ 60,710 60,710 2022 £ 38,117 9,754 47,871 |
|---|---|---|