**Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
**Report and Financial Statements For The Year Ended 31 December 2024 Charity Number 1042314**
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
|Contents||
|---|---|
||Page|
|Legal and Administrative Information|1|
|Report of The Trustees|2 and 3|
|Statement Of Financial Activities|4|
|Balance Sheet|5|
|Notes forming part of the financial statements|6 to 8|
|Accountants Report|9|
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
## **Trustees**
Mr. Jacob Grunhut Mr. Abraham Grunhut Mrs. Chaya Fogel
## **Administration Address**
Mr. Jacob Grunhut 71 Fairholt Road Stoke Newington London N16 5EW
**Charity Number 1042314**
Page 1
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust Report of the Trustees**
The Trustees present their annual report with accounts of the Charity for the Year Ended 31 December 2024.
## **Status and Administration**
Toiras Moishe Talmudical College is constituted by trust deed, dated 1st December 1994 and is a Registered Charity.
## **Trustees**
The Trustees in office throughout the year were: Mr. Jacob Grunhut Mr. Abraham Grunhut Mrs. Chaya Fogel
No trustee has any beneficial interest in the Charity and all gave their time voluntarily.
## **Objectives and Activities**
Toiras Moishe Talmudical College was established for the prevention or relief of Poverty and Religious Activities, in the Jewish Community.
The Charity supports the College financially.
The Charity usually makes Grants to other organisations and when it does so, the Trustees ensure that the recipient meets the Charity's objectives.
The Charity providesfood and refreshments for those in need.
## **Financial Review**
Our principle sources of funding are via voluntary income (donations).
There are no restrictions on the Charity's Power to invest. The Trust Deed authorises the trustees to make and hold investments using the general funds of the Charity.
Page 2
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust Report of the Trustees**
## **Risk Assessment**
The Charity has identified and assessed the major risks to which it is exposed. whilst in the Charity's care as well as the finances of the Charity.
The Charity is satisfied that systems are in place and routinely assessed including procedures, and Financial and Management Controls.
## **Responsibilities of the Trustees**
Charity Law 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 charity as at the Balance Sheet Date, and of its incoming resources, including income and expenditure for the financial year.
In preparing those financial statements, the Trustees should follow best practice and
a. Select suitable accounting policies and the apply them consistently.
b. Make judgements and estimates that are reasonable and prudent.
c. Follow applicable accounting standards and the Charities SORP 2015, disclosing and explaining any departures in the financial statements.
d. Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them as Trustees to ensure that the financial statements comply with the Charity Law.
The Trustees are also responsible for safeguarding the charity's assets and hence for taking reasonable steps for the prevention and detection of fraud and other regularities.
## **Board Of Trustees**
The members of the Board Of Trustees are set out on Page 1.
Mr. Jacob Grunhut Trustee
16 November 2025
Page 3
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
## **Statement Of Financial Activities**
## **For The Year Ended 31 December 2024**
|Notes
Unrestricted
Restricted
_2024_
_2023_
Funds
Funds
Total Funds
_Total_
_Funds_
£
£
£
£
**INCOMING RESOURCES**
**Activities to further the Charity's Objects**
2
143,105
0
143,105
128,360
**Interest Income**
0
0
0
0
**Total Incoming Resources**
143,105
0
143,105
128,360
**Total Incoming Resources**
**143,105**
**0**
**143,105**
**128,360**
**RESOURCES EXPENDED**
Cost of Generating Funds
0
0
0
0
**Net Incoming Resources Available**
**For Charitable Application**
**143,105**
**0**
**143,105**
**128,360**
Cost of Activities In Furtherance
3
of the Charity's Objects
196,570
0
196,570
137,431
Governance Costs
5
476
0
476
144
**Total Charitable Expenditure**
**197,046**
**0**
**197,046**
**137,575**
**Total Resources Expended**
3
**197,046**
**0**
**197,046**
**137,575**
**Net Movement In Funds**
**(53,941)**
**0**
**(53,941)**
**(9,215)**
**Transfer To / (From) Reserves**
0
0
0
0
**Net Reserves for the Year**
**(53,941)**
**0**
**(53,941)**
**(9,215)**
**Total Funds**
**9,233**
**0**
**9,233**
**18,448**
**Total Funds**
11
**£ (44,708)**
**£ 0**
**£ (44,708)**
**£ 9,233**
**Carried Forward**
**Brought Forward**|Notes
Unrestricted
Restricted
_2024_
_2023_
Funds
Funds
Total Funds
_Total_
_Funds_
£
£
£
£
**INCOMING RESOURCES**
**Activities to further the Charity's Objects**
2
143,105
0
143,105
128,360
**Interest Income**
0
0
0
0
**Total Incoming Resources**
143,105
0
143,105
128,360
**Total Incoming Resources**
**143,105**
**0**
**143,105**
**128,360**
**RESOURCES EXPENDED**
Cost of Generating Funds
0
0
0
0
**Net Incoming Resources Available**
**For Charitable Application**
**143,105**
**0**
**143,105**
**128,360**
Cost of Activities In Furtherance
3
of the Charity's Objects
196,570
0
196,570
137,431
Governance Costs
5
476
0
476
144
**Total Charitable Expenditure**
**197,046**
**0**
**197,046**
**137,575**
**Total Resources Expended**
3
**197,046**
**0**
**197,046**
**137,575**
**Net Movement In Funds**
**(53,941)**
**0**
**(53,941)**
**(9,215)**
**Transfer To / (From) Reserves**
0
0
0
0
**Net Reserves for the Year**
**(53,941)**
**0**
**(53,941)**
**(9,215)**
**Total Funds**
**9,233**
**0**
**9,233**
**18,448**
**Total Funds**
11
**£ (44,708)**
**£ 0**
**£ (44,708)**
**£ 9,233**
**Carried Forward**
**Brought Forward**|Notes
Unrestricted
Restricted
_2024_
_2023_
Funds
Funds
Total Funds
_Total_
_Funds_
£
£
£
£
**INCOMING RESOURCES**
**Activities to further the Charity's Objects**
2
143,105
0
143,105
128,360
**Interest Income**
0
0
0
0
**Total Incoming Resources**
143,105
0
143,105
128,360
**Total Incoming Resources**
**143,105**
**0**
**143,105**
**128,360**
**RESOURCES EXPENDED**
Cost of Generating Funds
0
0
0
0
**Net Incoming Resources Available**
**For Charitable Application**
**143,105**
**0**
**143,105**
**128,360**
Cost of Activities In Furtherance
3
of the Charity's Objects
196,570
0
196,570
137,431
Governance Costs
5
476
0
476
144
**Total Charitable Expenditure**
**197,046**
**0**
**197,046**
**137,575**
**Total Resources Expended**
3
**197,046**
**0**
**197,046**
**137,575**
**Net Movement In Funds**
**(53,941)**
**0**
**(53,941)**
**(9,215)**
**Transfer To / (From) Reserves**
0
0
0
0
**Net Reserves for the Year**
**(53,941)**
**0**
**(53,941)**
**(9,215)**
**Total Funds**
**9,233**
**0**
**9,233**
**18,448**
**Total Funds**
11
**£ (44,708)**
**£ 0**
**£ (44,708)**
**£ 9,233**
**Carried Forward**
**Brought Forward**|
|---|---|---|
||**128,360**
0
**128,360**
137,431
144
**137,575**
**137,575**||
|||**(9,215)**
0
**(9,215)**|
|||**18,448**
**£ 9,233**|
Page 4
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
||**Balance Sheet at**|**31 December 2024**|||
|---|---|---|---|---|
||Notes|_2024_|_2023_||
|||£|£||
|**Current Assets**|||||
|Debtors|8|0||0|
|Cash at Bank and in Hand||4,568||9,709|
|||4,568||9,709|
|**Creditors**
**:**Amounts falling due|||||
|within one year|9|(49,276)||(476)|
|**Net Current Assets**||(44,708)||9,233|
|**Total Assets less Current Liabilities**||(44,708)||9,233|
|**Net Assets**|10|**£(44,708)**|**£**|**9,233**|
|**Restricted Funds**|11|0||0|
|**Unrestricted Funds**|11|(44,708)||9,233|
|**Total Funds**||**£(44,708)**|**£**|**9,233**|
Approved by the Trustees on 16 November 2025, and signed on behalf of them all.
Mr. Jacob Grunhut Trustee
The notes on pages 6 to 8 form part of these accounts.
Page 5
**Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
## **Notes To The Accounts - 31 December 2024**
## **1) Principal Accounting Policies**
## **Basis of Accounting**
The Accounts have been prepared under the historical cost convention in accordance with the Charities Act (Accounts and Reports) 2011, and the Financial Reporting Standard for Smaller Entities 102, and follow the recommendations in Accounting and Reporting By Charities: Statement of Recommended Practice (effective from April 2015).
## **Cash Flow**
The accounts do not include a cash flow statement because the charity as a small reporting entity is exempt from the requirement to prepare such a statement.
## **Donations and Fund Accounting**
Donations received for the general and main purposes of the Charity is included as unrestricted funds in the Statement of Financial Activities when receivable.
Donations and Grants for activities restricted by the donors are taken to restricted funds if the wishes and conditions of the donor are legally binding on the Trustees.
## **Resources Expended**
Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
The irrecoverable element of VAT is included with the item of expense to which it relates.
|Unrestricted
Restricted
Funds
Funds
£
£
**2) Incoming Funds**
Donations Received
143,105
Rental Income
0
Total Income Generated
**£ 143,105**
**£ 0**|Total
_2024_
_2023_
£
£
143,105
128,360
0
0
**£ 143,105**
**£ 128,360**|
|---|---|
Page 6
**Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust**
**Notes To The Accounts - 31 December 2024**
|Unrestricted Restricted
**3) Analysis of Total Resources Expended**
Funds
Funds
**Charitable Activities**
Cost of Activities In Furtherance
of the Charity's Objects
Charitable Activities
Advertising
2,523
Cleaning
0
0
Clothing
2,756
0
Commission
0
Computer
0
Donations and Grants
54,843
0
Insurance
0
0
Medical Help
868
Pension
0
Postage, Printing and New Books
5,679
0
Refreshments
64,270
0
Rent
0
Repairs and Maintenance
0
0
Utilities: Gas and Electric
0
0
Utilities: Water
1,604
0
Wages and Salaries
63,378
0
Student Grants
0
0
Travel
649
0
Total
196,570
0
Total Cost of Activities In Furtherance
of the Charity's Objects
**£ 196,570**
**£ 0**
**4) Cost of Generating Funds**
**5) Governance Costs**
Accountancy
Bank Charges
Telephone
**6)**
**7)** The average number of Employees during the year, on a full time equivalent
basis was
Charitable Activities
**Taxation**
The Charity is exempt from taxation on its charitable activities.|Total
Total
_2024_
_2023_
£
£
2,523
1895
0
2,111
2,756
4,798
0
0
0
0
54,843
32,836
0
0
868
0
0
0
5,679
2,343
64,270
31,366
0
600
0
2,483
0
2,948
1,604
958
63,378
53,538
0
0
649
1,555
196,570
137,431
**£ 196,570**
**£ 137,431**
**£ 0**
**£ 0**
476
0
0
144
**£ 476**
**£ 144**
_2024_
_2023_
9
9|
|---|---|
No Employee was paid above £60,000 per year.
Page 7
## **Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust Notes To The Accounts - 31 December 2024**
|**8) Debtors**||||_2022_||||||_2023_|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||£||||||£|||||
|Other Debtors||||||0||||||0|||
|Tax Refundable||||||0||||||0|||
||||||**£ **|**0**|||||**£ **|**0**|||
|**9) Creditors: Amounts falling due within**||||**one year**|||||||||||
|||||_2024_||||||_2021_|||||
|||||£||||||£|||||
|Accruals||||476|||||||476||||
|Other Creditors||||48,800||||||||0|||
|||||**£ 49,276**||||||**£ **|**476**||||
|**10) Net Assets of The Charity's Funds**|||||||**Net**||||||||
|||||**Fixed**|||**Current**|||**Long Term**|||**Fund**||
|||||**Assets**|||**Assets**|||**Liabilities**|||**Balances**||
|||||£||||£||£|||£||
|**Restricted Funds**||||||0|||0|||0||0|
|**Unrestricted Funds**||||||0|(44,708)|||||0|(44,708)||
|**Total Funds**|||||**£ **|**0**|**£ (44,708)**||||**£ **|**0**|**£ (44,708)**||
|**11) Unrestricted Funds**|||**: Movements In**|**The Year**|||||||||||
|**Balance at**||||||||||**Transfer To**|||**Balance at**||
|**31 December 2023**|||**Income**|**Expended**||||||**/(From)**|||**31 December 2024**||
||£||£|£||||||**Reserves**||||£|
|General Reserve||9,233|143,105|197,046||||||||0||(44,708)|
|**Total Funds**|**£ **|**9,233**|**£ 143,105**|**£ 197,046**|||||||**£ **|**0**||**£ (44,708)**|
## **12) Related Party Transactions**
No trustee nor any person connected with them received any remuneration, or claimed any expense, during the year, from this or any related Charity.
There were no Related Party Transactions in the Year.
Page 8
## **Independent Exmainer's Report to the Trustees on the Unaudited Accounts of the Charity Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust For the Year Ended 31 December 2024**
We report on the financial statements of Toiras Moishe Talmudical College (Collel and Yeshivo) Chasam Sofer Trust for the Year Ended 31 December 2024 which comprise the Swhich comprise the Statement of Financial Activities, the Balance Sheet and related notes. These financial statements have been prepared, under the historical cost convention, and in accordance with the recommendations in Accounting and Reporting By Charities: Statement of Recommended Practice (Issued 2015), and the Financial Reporting Standard for Smaller Entities 102 (effective 2016), and the accounting policies set out therein.
## **Respective Responsibilities Of Trustees and Independent Exmainer**
As described on page 3, the trustees of the charity are responsible for the preparation of the accounts, and they consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 144 of the Act, whether particular matters have come to our attention.
## **Basis of Independent Examiner's Report**
Our 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 trustees concerning any such matters. These procedures provide only the assurance expressed in our opinion.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Opinion**
In our opinion, no matter has come to our attention,
- 1) which gives us reasonable cause to believe that, in any material respect, the requirements a) to keep accounting records in accordance with section 130 of the Act; and
- b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
- 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date 16 November 2025
## **Independent Exmainer**
C Rosen
Page 9