Registered Charity Number 1056630
The BSD Charitable Trust
Financial Statements for the Year Ended
31 March 2024
Sefton Yodaiken & Co Chartered Accountants Fairways House George Street Prestwich M25 9WS
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The BSD Charitable Trust
Annual Report for the Year Ended 31 March 2024
The BSD Charitable Trust is constituted by the Deed of Trust and is registered charity number 1056630. Its address is at 73 The Ridgeway NW11 8PH
The charity trustees during the year were:
Mr A Levison
Mrs K Levison
The objects of the charity are
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1 To advance education in the Jewish Faith
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2 For the relief of poverty
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3 To promote research in the Jewish faith and in particular Religious Jewish Education.
The administration of the trust is carried out by the Trustees.
…………………….
A Levison
For and on behalf of the Board of trustees
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Independent Examiners Report for the Trustees of
The BSD Charitable Trust
For the Years Ended 31 March 2024
I report on the accounts of the Trust for the year end 31 March 2024 which are set out on the pages following.
Respective responsibilities of Trustees and examiner
As the Charities trustees you are responsible for the preparation of the accounts. You consider that the audit requirements of Section 144 of the Charities Act 2011 (the Act) do not apply. It is my responsibility to state, on the basis of the procedures specified in the General Directions given by the charity Commissioners under Section 145(5)(b) of the Act, whether particular matters have come to my attention.
Basis of independent examiners 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 Trustees concerning any such matters. The procedures undertaken do not require 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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(1) which gives me reasonable cause to believe that in any material respect the requirements
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a to keep accounting records in accordance with section 130 of the Act; and
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b to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not be met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S Yodaiken 26 December 2024
SEFTON YODAIKEN & CO Chartered Accountants Fairways House George Street Prestwich M25 9WS
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The BSD Charitable Trust
Statement Of Financial Activity For The Year Ended 31 March 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Incoming resources | |||
| Voluntary income | 2 | 679,347 | 726,429 |
| Investment income | 3 | 4,823 | 69 |
| --------------------- | -------------------- | ||
| 684,170 | 726,498 | ||
| --------------------- | -------------------- | ||
| Resources expended | |||
| Charitable distributions | 671,219 | 581,977 | |
| Governance costs | 4 | 486 | 898 |
| Rent expense | --- | 10,000 | |
| --------------------- | ------------------- | ||
| 671,705 | 592,875 | ||
| --------------------- | ------------------- | ||
| Net surplus for the year | 12,465 | 133,623 | |
| Balance brought forward | 552,251 | 418,628 | |
| --------------------- | ------------------- | ||
| Balance carried forward | 564,716 | 552,251 | |
| ============= | ============ |
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The BSD Charitable Trust
Balance Sheet as at 31 March 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Current assets | |||
| Bank balance | 504,716 | 492,251 | |
| Investment | 60,000 | 60,000 | |
| ------------------ | ------------------ | ||
| Total assets | 564,716 | 552,251 | |
| 564,716 | 552,251 | ||
| =========== | =========== | ||
| Funds | |||
| Unrestricted funds | 564,716 | 552,251 | |
| =========== | =========== |
Approved by the Trustees on 26[th] December 2024 signed on their behalf:
……………………… A Levison
Trustee
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The BSD Charitable Trust
Notes to the Accounts For the year ended 31 March 2024
1 Accounting Policies
These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the charities statement of recommended practise on accounting by charities (Charities SORP FRS 102) and the Charities Act 2011).
| 2. | Voluntary income | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Donations | 679,347 | 726,429 | |
| ============ | ============ | ||
| 3. | Investment Income | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Interest Received | 4,823 | 69 | |
| ============ | ============ | ||
| 4. | Governance costs | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Bank charges | 371 | 398 | |
| Rent | --- | 10,000 | |
| Legal Fees | 115 | 500 | |
| --------------------- | -------------------- | ||
| 486 | 10,898 | ||
| ============= | ============ |
5. Trustees
No remuneration was paid and no expenses were reimbursed to the Trustees during the year.
The charity made £671,219 of donations in accordance with its objectives set in the deed of trust a breakdown of which can be requested from the registered office.