REGISTERED CHARfrY NUMBEIL. 1054034 Report of the Tntstees and Udted Fkn*neiAI StateDKnt$ for the Yegr Ended 31 IkceDaber 2024 for The Patsy Bloom Chgritsble Tntst Grani HaTrod Lemwi Davis LLP Second Floor. Kirkland House 11-15 Peterborough Road Harrow Middlesex HAI 2AX
The PAtsy Bloom Ch4ritsble Trnst Contellts of the Financial StstemeDts for the yeAr ended 31 DeceD)ber 2024 Pag• Report ofthe Trnsttts I to 2 lodepeodeRt Examioerfs Report Stslem¢DI of Fingncisl Activities Balxnee Sheet C*sh Flow St&tement Notss ¢0 the Cajh Flow Statsment otes to the Flognelal Stst¢ments 8 to 12
Th¢ P4tsy Bloom Charitsble Trust Report ofthe Trustees for the y¢ar ¢nd¢d 31 De¢emb¢r 2024 The tn1¢¢$ pr¢sert their report with the flllancial ststements of the charity for the yw ¢nd¢d 31 December 2024. The trustees have adopted the provisions of Aceountins and Reporting by CharÉiAes: Stement of Recommended Practice applicable to charities preparing th¢ir acwunts in aGcordanc¢ with the Finan¢ial R¢porting Standard applicable in th¢ UK and Republi¢ of Ireland (FRS 102) (effective l January 2019). OWECTIVES AND ACTIVITIES ObS¢¢¢lves apd aims The objectives of the charity are the promotion of all or any purposes which are charitable according to English law, generally for the r¢lÉef of persons of the Jewish faith who are in need, or suffering si¢kness or disability or distre. Pllblie btn¢fit Th¢ tn£¢$ ¢onfimi that they have complied with the dity Tn to have regard to the Charity Commission's genernl guidance on public bcnefiL 'Charities and Public Bcn¢fit". The ¢haritsble purposes of the charity are set out in its constitution ana these are achieved by ¢onsid¢rin8 Wt applicion$ receiv and once a conseAsus has beej) reached king donatiQDS to th¢ Chosen regtstered charities. Gralltmking The Trusttts meet regularly to assess grant applications and wnsider proposals from the Trustees. The charity cannot accept new applications as it is fvlly conunitted for the nexÈ three years. FINANCL4L REVIEW Finan¢lal revi¢w In¢(ne r¢c¢ivd from donations w&5 £RO.000 (2023 - £0) snd ITr addition irwme was r¢c¢ived from property investtnents of £ 31,349 net (2023 - £31,612 net) Donations of £30.368 (2023 - £40.694) were made and totsl support and administration ¢osts of £8.717 (2023 - £2.109) w¢r¢ incurr¢d. Th¢ charity continu¢s to invest funds for the firtu and at 3 1st De¢ember 2024 the net assets of th¢ charity w¢re £919,755 (2023 - £917.491) Th7D¢iP81 fnDdRng lle$ The principal filllg sources of the charity are currendy by way ofcash reserves and property income. IDves¢ment lleY objectives There are no restrictions on th¢ chlty'S Power to invest. The investnwnt strategy rErnain5 that of maintsining a f capitsl b&se so that it can make an enduring contribution to its charitable aims through donatioT]s. The TTths consider the income requtrements in the medium terni. Reserves pollcy It is th¢ poli¢y of the ¢harity to maintsin unrestri¢t¢d fund& Mthi¢h ar¢ the frec re5ervgs of the cknity. at a level whi¢h is sufficient to cover mgemen( administration and support costs and respond to emergency applications for donatiorL8 which ar1 from tim¢ to tim¢. The TeS exF the charity to eontinue its activities othlined above in the foreseeable futswe and attempt to mnintsin the level of donations at the current level. STRucfuRE, GOVERNANCE AND MANAGEMENT G(werniog document The Patsy Bloom ChaTitsbl¢ TrELSt 15 a T¢8iStered charity '. Charity Registration Number 1054034, and is governed by Trust Deed dated 12th March 1996. Reerul*meDI 9nd appolntment of Dew trustees The Trustees who have served during the year are set out on pag¢ Iwo and all of those Trustees have continuel to serv¢ since the yedr et.
The Pgtsy Bloom Cbarfifabl¢ Trnst Report ofthe Trumxs for Ibe yr ended 31 December 2024 STRucfuRt GOVERNANCE AND MANAGEMXF llldpctioD 8Trd training of Dew trnstees The ¢xi5ting TnLStees are aITeady familiar with the work of the charity. having in the main been involved with tt for many A new Trustee would be invited to attend short meetings to familiarise htmth¢r with the charity and the context in lch it operates. This would be led by the Chair of the Trustees and cover :_ l. The obligation of Trustee5 2. The main documents th&t set out the op¢rdtional fiammrk of the charity 3. ResouEcing and the current financial position as set out in the accounts 4. Future plans and objertives Rigk ttagemeNt The TTUStees have examirkd the tnajor *at¢sic. buyiness and operational risks 1¢h the ¢harity faces and wnfirni thfjt Systems have been established to enable regular rwts to be produ¢ed so that th¢ necessary step5 can be tsken to reduce these risks. Registered Charity Dumber 1054034 PriDeipal address POBox78413 London NIO 9FT Thistee5 Ms P Bloom l A Brecher (resigned 16.10.2024) A L Bloom (resi1 16.102024) L A Chcrkas M Zeitlin {rjgned 16.10.2024) Ms G Mill¢r (resigned 16.10.2024) Ms E F Bloom (appointed 16.10.2024) Independ¢Dt Exananer Grant Harrod Lernwi Davi5 LLP Chartered Accountants Sccond Floor, Kitk]&nd House 11-15 PeterbOrOu Iload Harrow Middlesex HAI 2AX Approved by order of the board oftrustee5 on... . and signed on its behalf by: Ms P Bloom- T[lee Page 2
Jnd¢pend*nt Eiamlner's Report to the Trustees of The Patsy Bloom CbarftsbAt TrE Independent examlnerfs report to the trnstee8 of The Pgtsy Bloom Cbaritable Trujt I pOrt to the charity tnLStees on my examination ofthe accounts of The Patsy Bloom Clwritabl¢ TrLL5t (the Trust) for the year ended 31 December 2024. R¢sponsibilitr8 of report As the chaTity trustees of the Trnst you are responsible for the pryration of the aGwunts in ac¢ordance with the requirements ofthe Charities Act 2011 Cthe Act). I report ITA respect of my examination of the Tn1,$ aoUnts catried out under Section 145 ofthe Act and in cwin8 Out my examiOn I have followed all 8ppli¢able Directions given by the Clwity Commission under Section 145(5Mb) of the Act. llldependeut examiner's statem¢nt I have completed my examination. I confinn that no material matters have comc to my attention in connection wftth the examination giving me cause to believe that in any material respeci." eUting records werc not kept in respect of the Tnjgt as required by s10n 130 of the ACL or the accounts do not accord with those records. or the accounts do not Comply with the applicable requirements cKJn¢miing the forni and content of accounts set out in the Charities (Accouttts 8nd Reports) Regulations 2008 other than any requirern that the accounts gtve a t and fair view whicll is not a matter ¢onsidered as port of an Intspdent cxaminutio I have no COJJLfrnS and have come across no other matters in conne¢¢ion with the examination to lch attention Sh{Id be drawn in this r¢N)rt in order to ¢rffjbl¢ & ptop¢r understonding ofthe accounts to be rea¢hed. Jeremy Harrod rcc A Gratrt Harr Ixrnw) Davis LLP Second Floor. Kirkland Hous¢ 11-15 Pete[boroU Road Middlesex HAI 2AX Page 3
The Patsy Bl(¥om Ch8rithble Trnst Ststsment of WinaDciAI A¢tiviti¢s for tb¢ year ¢nded 31 D¢eemb¢r 2024 2024 2023 Totsl Unr&ricted Notes INCOME AND Ef4DOWMENfs FROM DonatioLs and legacies 10,000 tnvestment income 54,101 31,612 Total 64.101 31,612 EXPENDITURE ON Raising fil[5 23,722 Charitabk 8¢tiwllles Charitable activities 39,085 41803 Totsl 62,807 42.803 NET INCOMEI(EXPENDITURE) 1.294 (11,191) RECONCILIATION OF FUNDS Total fillS brought forward 917,491 928,682 TOTAL FUNDS CARRIED FORWARD 918,785 917,491 The rM)tes forni part of thtse financtal statements P88¢ 4
The P$tsy Bloom Ch*ritable Trnst BalaDCt Sheet 31 De¢ember 2024 2024 2023 Total fimd Notes FIXED ASSETS [nveStn property 895.000 895.1)00 CURRENT ASSETS Debknrs C&sh at bank io 4,942 18,749 18.060 24.985 23.691 CREDITORS Amounts falling due within one year (1.200) {1200) NET CURRENT ASSETS 23,785 22,491 TOTAL ASSETS LESS CURRENT LiABILfTIES 918.785 917.491 NET ASSETS 918,785 917,491 12 Unrestricted fimds 91&785 917.491 TOTAL FUNDS 918,785 917,491 tstements were approved by th¢ Board of Tn and authorised for IS5 on and were on its b¢half by: P Bloom- TSfye The notes forn] part of these finan¢ia] stateTnents Page 5
Tbe Patsy Bloom ChRritsble Trnst Ca8h now Statement for the y¢ar ellded 31 December 2024 2024 2023 Notes C•sh Ilows from oper%tiDg Aelivilie$ Cash genated from op¢rdtions (689) (8,757) N¢t ¢ash used tn operating adiviti¢s (689) (8.757) Ch*ng4 ITr $h and ¢Ash ¢qulval¢nts fin the reportillg period Cash casb equivalents at the beginning of the reporting period (689) (8,757) 18,749 2706 Casb attd cash equlvalents at the end of tbe rertIng period 18.060 18,749 The notes forni part of these financial statemenL8 Page 6
The Patsy Bloom Charitsble Trn8t otej to Ibe Casb Flow Ststemtnt far the yexr ended 31 December 2024 RECONCILIATION OF NET JNCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING AcrEvrriES 2024 2023 et iDcomel(expenditure) for the repor¢iDg period (gy ptr the Statemejjt of Finalltial Activities) AdJuytm¢nts for: (Increaseyikcrease in d¢btors Decruse in creditors 1294 (11,191) (1,983) 3,874 (1,440) Net eash used in operatiOnS (689) (8,757) ANALYSIS OF CHAI¥4GES IN NET FUNDS At 1.1.24 C&sh flow At31.12.24 Net cHsh Cash at bank 18.749 (689) 18.060 18,749 (689) 1&060 Totsl 18,749 (689) 14060 The notes fonn part of the5g fin¢181 statements Page 7
The PAtsy Bloom Ch*rit8ble Trust Notes to the Win4D¢i41 Ststement$ for the year ended 31 December 2024 ACCOUNTING POLICIES B8si4 of preparlng the financial ststements Th¢ financial statem¢nts of the charity. which is a public benefit entity under FRS 102. have becn prepared in accordance with the (Jmritics SORP (FRS 102) 'Accounling and Reporting by CharitÉes: Sttttement of Recommended Prnctice appIlbEC to charities preparing their aOUnts in accordsnce with the Financial Reporting Standard applithle in the UK and Republic of Ireland (FRS 102) (effective l Janu8ry 2019),. Financial Reporting StaThd 102 Tr Financial Reporting Standard applicable in the UK and Republic of tr¢land' and the Charities Art 2011. The financial ststements have been prepared under the histori w5t convention. Ittcome All income is recognised in the Statement of Financial Activities once the charity has entitlemert to th¢ fiJnd4 it is probable that income wll be re]Ved and the amount can be me&wed reliably. ExpendTtUT¢ Llabilities are recoBnis¢d as expenditire as SCLin As there is a legal or conStrtive obligation wmmitting the charity to that expenditure, it is probable that a transftr of economic benefits will be required in settlement and the 8nx)unt of the obligation ¢an be nwsured reliably. Expenditure is accounfyl ftir on an aC¢nlS basis and has been classified under headings that aggregate all cost related to the category. Wh¢re o)5ts cannot be dir¢¢tly attributed to particular headiDgs they have been ailocatcd to adiviti¢s on a basis consistent viith the use of Investment property ErNesnt property is shown at m05t r¢cent valuation. Any aggregate surplus or deficit arising from Ch in fa5r value is recognised in the Statement of Financial Activlties. T8MtioD The charity is exempt from tsx on its ¢haritsble activities. accouBting Unr¢stri¢t¢d can be used in a)r with the tharitable objedives atthe disrtioD of th¢ trustees. Restri¢ted funds ¢an onty be u8¢d for Particulir r¢stri¢t¢d purpos¢s withÈn the objects ofthe ¢harity. Restrictions aris¢ when specified by the donor or when fimds are rdised for particular restricted pwyoses. Further explanation ofthe nature 8nd purpo5¢ of fund is Éncluded in the notes to the fllwicial statements. DONATIONS AND LEGACIES 2024 2023 Donations 10,0 ]I¥VESTMENT INCOME 2024 2023 Rents r¢c¢iv¢d 54,EOI 31.612 Page g ¢ontinued..-
The Patsy Bloom Cbaritable Trust Notes to th¢ FIDaDelal Statemellts - eontloued for the year end¢d 31 December 2024 RAISING FUNDS RAisiog dollfitions And legaeies 2024 2023 22.752 Luv¢stment DunAgern¢nt eosts 2024 2023 Portfolio fftanagen 970 23.722 CHARITABLE AcfIviTIES COS]3 Svpw)rt osts {see note 6) Direct Totals Clwit8ble acliviti¢s 30,368 8,717 39.085 SUPPORT COSTS Governance Finance Totsls chitable activiti 502 8.215 8.717 TRusfEES' REMUNERATION AND BENEFf15 There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 D¢ffmber 2023. Trn8tees' ¢ipens¢s There were no trste, expenses paid for the ycar ended 31 December 2024 nor for the Ye ended 31 December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrirt¢d INCOME AND ENDOWMENTS FROM Investrnt income 31,612 EXPENDTfuRE O Chiritsble aetivities Charitsbl¢ activities 42.803 NET INCOMEI(EXPENDITURE) (11,191) Page 9 continued...
The Patsy Bloom Charltsble Trust Notes lo the FITJADCIAI St4teTnents- eontlnued for tb¢ year eDded 31 Deeember 2024 COMPARATIVES FOR THE STATEMEiYf OF FINANCTAL ACTivrrIES- eoDlinued Unrestricted fimd RECONCILIATION OF FUNDS Total fimds brought forward 928,682 TOTAL FUNDS CARRtED FORWARD 917.491 INVESTMEP4T PROPERTY FAIR VALUE At l January 2024 and 31 December2024 895.000 NET BOOK VALIJE At 31 Decem 2024 895,1)00 At 31 Decanber 2023 895,000 10. DEBTORS: AMOUIYIS FALLIIYG DUE WITHtN ONE YEAR 2024 2023 Other debtors Prepayments and aCCTued in¢ome 6,552 373 4,390 552 6,925 4.942 11. CREDITORS: AMoufrfTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 1.200 12. MOVEMENT IN FUNDS Net At 1.1.24 infiw 31.12.24 Unrestrtcted funds General fimd 917,491 1294 918,785 TOTAL FUNDS 917,491 A294 918,785 Page 10 continued...
Th¢ PAtsy Bloom Cbaritsble Trust Notes to the Flnantixl StstemeDts- ¢olltiDued for the year ended 31 December 2024 J2. MOVEMENT IN FUNDS- tontinued Net movement in fimd& included in the above are as follows". Incoming Rewurces expended Movem¢nt in funds Unr&rtrlthd funds 64,101 (62,807) 1294 TOTAL FUI4DS 64,101 (62.807) 1.294 Comparatives for mov¢meDt iu funds Net mov¢m¢nt in fimds At 31.12.23 At 1.123 Unrestrieted fullds G¢nernl fimd 928.682 (11.191) 917,491 928,682 (11.191) 917,491 Comparative net vernent in fid% in¢luded in the above are as follows: Incoming Resources Movement exp¢nd¢d in fiu Unrestricted fonds G¢r*ral fund 31,612 {42.803) (11,191) 31,612 (42,803) (11,191) Acumt year 12 months and prior year 12 nmjnths combined position is a5 follows: Net movement At 1.1.23 31.12.24 Unrestricted funds 928.682 (9.897) 918.785 TOTAL FUNDS 928.682 (9,897) 918.785 Page 11 ntÉnued...
The Patsy Bloom Cb2ritAble Trust Notes to tbe FiDaDelAI Ststements - contlnued for year ended 31 December 2024 12. MOVEMENT IN FUNDS- eoDlinued A current yw 12 months and prior yeaT 12 month5 combined net mov¢m¢nt in fimd4 included in the above are as follows: Incoming Resource5 Movement in funds Unrestricted fund$ Genernl fund 95,713 (105.610) (9,897) TOTAL FUNDS 95,713 (105.610) (9,897) RELATED PARTY DISCU)SURES There were no related party transactions for the year ended 31 December 2024. p12