2021-03-31-accounts

Beth Feige Breslov Trust Registered Charity 1063752

Trustees’ Report and Accounts for the Year 1[st] April 2020 – 31[st] March 2021

1

Charity Name:	Beth Feige Breslov Trust
Registered Charity Number:	1063752
Trustees:	Mr Feivish Spitz
	Mr Joel Spitz
	Rabbi Yitzchok Kalish
Bank:	Santander Bank

2

Beth Feige Breslov Trust

Trustees’ report

For the year ending 31[st] March 2021

The Trustees are pleased to present their report for the year ending 31[st] March 2021.

STRUCTURE, GOVERNANCE AND OBJECTS

Beth Feige Breslov Trust is a registered charity established by Deed of Trust. Its objects are the relief of poverty, the advancement of Orthodox Jewish religious education and the advancement of the Jewish religion. The charity achieves its objects by provision of grants to individuals in necessitous circumstances and to charitable organisations in furtherance of its objectives.

The charity continues to be governed by three trustees, in who the power to appoint additional trustees is vested. Should the trustees decide to appoint new trustees, induction and training will be provided. There are no paid staff; all activities to raise and distribute funds are carried out voluntarily by the trustees.

REVIEW OF ACTIVITIES, ACHIEVEMENTS AND PERFORMANCE

The trustees raised £27,043 for charitable purposes. During this exceptional COVID period, charitable expenditure was primarily made for relief of poverty, with only minimal expenditure on religious and educational causes. Grants were made in the UK.

GRANT MAKING POLICY

Grants are made in accordance with the charity’s Grant Making Policy. This sets out the charity’s objects, any specific priorities that are active, and the procedures that are followed in making grants. The trustees do not have the resources to deal with unsolicited applications. The Trustees investigate each appeal for support to ascertain the facts and the level of need, and require personal references from the people familiar with the case, for example their rabbi or other communal figure. In some cases, grants are made through another charitable organisations. In other cases grants are made directly to the person or family in need, or directly to a supplier.

RESERVES POLICY

The policy of the charity is to raise and distribute funds for charitable purpose. The trustees do not believe there is any need or justification to hold funds in reserves, as there are no ongoing commitments or running costs that need to be met.

RISK MANAGEMENT

The trustees have reviewed any risk to which the charity may be exposed, including risk of fraud. They are satisfied that measures are in place to manage these risks appropriately and proportionately.

PUBLIC BENEFIT

In carrying out their activities, the trustees took due heed of the Charity Commission’s guidance on the requirement to provide public benefit and trustees are aware of their duties in this regard.

3

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 statement, the Trustees should follow best practice and:

1. Select suitable accounting policies and then apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. Follow applicable accounting standards and the Charities SORP 2005, disclosing and explaining any departures in the financial statements.

4. Prepare financial statement on an ongoing 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 Charity Law. The Trustees are also responsible for safeguarding the charity’s assets and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees and signed on their behalf by:

Mr F Spitz

Date: 30/01/2022

4

Beth Feige Breslov Trust

Statement of Financial Activities

For the year ending 31[st] March 2021

Income Voluntary Income/Donations Total Income	Notes	Unrestricted £27,043 £27,043	2021 £27,043 £27,043	2020 £43,397 £43,397
Expenditure Raising Funds Grants made Support costs Total Expenditure	2	£0 £37,171 £0 £37,171	£0 £37,171 £0 £37,171	£0 £30,868 £32 £30,900
Surplus/deficit for the Year		(£10,128)	(£10,128)	£12,497
Balance brought forward		£14,200	£14,200	£1,703 £14,200
Balance carried forward		£4,071	£4,071

5

Beth Feige Breslov Trust Balance Sheet As at 31[st] March 2021

	2021	2020
Assets
Cash in bank	£4,071	£14,200
Total Assets	£4,071	£14,200
Breakdown of Funds
Unrestricted funds	£4,071	£14,200

Approved by the Trustees and signed on their behalf by:

Mr F Spitz

Date: 30/01/2022

6

Beth Feige Breslov Trust

Notes to the Accounts

1. Principle accounting policies

Basis of Accounting

The accounts have been prepared under the historical cost convention in accordance with the Charities Act (Accounts and Reports) 2005, and the Financial Reporting Standard for Smaller Entities (effective April 2008), and follow the recommendations in Accounting and Reporting by Charities: Satement of Recommended Practice (Issued October 2005 and updated May 2008).

Cash Flow

The Accounts do not include a cashflow statement because the charity as a small reporting entity is exempt from the requirement to prepare such as a statement.

Donations and Fund Accounting

Donations received for the general and main purposes of the charity are 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.

Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

2. Breakdown of grant expenditure:

	Total
Grants for relief of poverty, distributed via charities and directly to individuals in need	£28,384
Grants forpromotion of religion	£1,812
Grants for religious education	£6,975
Totalgrants	£37,171

7