## **BETH FEIGE BRESLOV TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **CHARITY NUMBER 1063752**
**B OLSBERG & CO CHARTERED ACCOUNTANTS ENTERPRISE HOUSE 3 MIDDLETON ROAD MANCHESTER M8 5DT**
## **BETH FEIGE BRESLOV TRUST**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **Contents**
**Trustees Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Accounts**
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## **BETH FEIGE BRESLOV TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
The trustees have pleasure in presenting their report and the financial statements of the charitable trust for the year ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005 in preparing the financial statements of the Charity
## **REFERENCE AND ADMINISTRATIVE DETAIL**
Trustees Feivish Spitz Joel Spitz Rabbi Yitschok Kalish Correspondent Feivish Spitz Charity Address 40 Leweston Place London N16 6RH Charity Number 1063752 Independent Examiner B Olsberg FCA Enterprise House, 3 Middleton Road Manchester M8 5DT
## **OBJECTIVES AND ACTIVITIES OF THE FRIENDS OF THE BETH FEIGE BRESLOV TRUST**
The Beth Feige Breslov Trust is constituted by trust deed dated 28 February 1995 and its objects are:
The relief of poverty, the advancement of orthodox Jewish religious education and the advancement of the Jewish religion.
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## **BETH FEIGE BRESLOV TRUST**
## **LEGAL STATUS**
The charitable trust is constituted by trust deed dated 28 February 1995. This was supplemented by a deed dated 22 July 1997.
## **TRUSTEES**
The board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
## **TRUSTEES INDUCTION AND TRAINING**
Most trustees are already familiar with the practical work of the charity having received guidance from the existing trustees prior to appointment. New trustees are further encouraged to attend training sessions organised by the charity.
## **PRINCIPAL ACTIVITY AND REVIEW OF THE YEAR**
The principal activity of the Charity in the year under review was raising funds from donations for the purposes of its objects.
## **ORGANISATION**
The charity is managed by the trustees of the charity.
## **REVIEW OF FINANCIAL ACTIVITIES AND AFFAIRS**
The financial statements for the year show a net deficit of £3,254 (2022 – surplus of £2,038). The trustees consider the financial position of the charity to be satisfactory.
The financial statements conform to current statutory requirements and comply with the Charity's governing documents.
## **RESERVES POLICY**
The policy of the charity is to raise and distribute funds for charitable purposes. The trustees do not believe that 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.
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## **BETH FEIGE BRESLOV TRUST**
## **PUBLIC BENEFIT**
The trustees confirm that they have referred to guidance contained in the Charity Commission’s general guidance on public benefit and in particular to its supplementary public benefit guidance when reviewing the charity’s aims and objectives and in planning future activities.
## **REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS**
The Beth Feige Breslov Trust continued the raising of funds for the purposes of later distributions in accordance with its objects. During the year under review the trustees received donations of £27,132 and distributed £30,026 in support of the charity’s objectives.
## **RESPONSIBILITIES OF THE TRUSTEES**
The Charities Act 2011 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 at the end of the year and of the net incoming or outgoing resources for the year then ended.
In preparing those financial statements, the trustees are required to select suitable accounting policies, as described on page 9, and then apply them on a consistent basis, making judgements and estimates that are reasonable and prudent. The trustees must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will be able to continue.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the detection of fraud and other irregularities.
## **SIGNED ON BEHALF OF THE TRUSTEES:**
……………………………………………… F Spitz – Trustee
Dated: 10 January 2024
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## **BETH FEIGE BRESLOV TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
I report to the trustees of Beth Feige Breslov Trust on the accounts for year ended 31 March 2023 set out on pages 7-10.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act;
- To follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and
- To state 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. 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 seek explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
## **INDEPENDENT EXAMINER'S STATEMENT**
In the course of my examination, no matter has come to my attention.
1. which gives me reasonable cause to believe that in any material respect the requirement:
- to keep accounting records in accordance with Section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and comply with the requirements of the 2011 Act.
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
B Olsberg FCA Enterprise House 3 Middleton Road Manchester M8 5DT
10 January 2024
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## **BETH FEIGE BRESLOV TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**INCOME AND EXPENDITURE**
**INCOME**
Donations Received
**RESOURCES EXPENDED**
Direct Charitable Expenditure
**MANAGEMENT AND ADMINISTRATION**
Accountancy
**TOTAL RESOURCES EXPENDED**
**NET LOSS**
Fund balance at 5 April 2022
Fund balance at 5 April 2023|**Note**
**2023**
**Unrestricted**
**Funds**
27,132
27,132
2
30,026
360
360
30,386
(3,254)
6,109
2,855|**Note**
**2023**
**Unrestricted**
**Funds**
27,132
27,132
2
30,026
360
360
30,386
(3,254)
6,109
2,855||**2022**
36,948|
|---|---|---|---|---|
|||||36,948|
|||||34,550|
|||
360
360
30,386
(3,254)
6,109
2,855||
360|
|||||360|
|||||34,910|
|||||2,038
4,071
6,109|
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## **BETH FEIGE BRESLOV TRUST**
## **BALANCE SHEET AS AT 31 MARCH 2023**
|**Note**
Current Assets
Cash at Bank
Creditors
Amounts Falling Due Within One Year
4
Net Assets
Unrestricted Funds
Signed on behalf of the board of trustees.
____________________________
Trustee F Spitz
Date 10 January 2024
The notes form part of these accounts.|**2023**
**£**
**£**
3,575
(720)
3,215
2,855
2,855|**2023**
**£**
**£**
3,575
(720)
3,215
2,855
2,855|**2022**
**£**
**£**
6,469
(360)
6,109
6,109
4,071|**2022**
**£**
**£**
6,469
(360)
6,109
6,109
4,071|
|---|---|---|---|---|
||(720)||(360)||
||||||
|||2,855||6,109|
|||2,855||4,071|
||||||
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## **BETH FEIGE BRESLOV TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **1** . **ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention and comply with the Statement of Recommended Practice 2005 'Accounting and Reporting by Charities'.
## **Incoming Resources**
Voluntary income is received by way of donations and gifts and is included gross in the Statement of Financial Activities.
## **Unrestricted Fund**
Unrestricted funds are donations and other income received or generated for the charitable purposes.
## **Resources Expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
## **Management and administration**
Management and administration costs of the charity relate to the central costs of management including the costs of meetings, audit and statutory compliance.
## **2. DIRECT CHARITABLE EXPENDITURE**
|
Grants for relief of poverty, distributed via
charities and directly to individuals in need
Grants for promotion of religion
Grants for religious education
Total grants|
**Total**
**UK**
**Abroad**
**£**
**£**
**£**
27,499
24,386
3,113
2,227
1,427
800
300
300
0|
|---|---|
||30,026
26,113
3,913|
## **3. STAFF COSTS**
No staff were employed during the year
The trust did not use any unpaid volunteers. No trustee received or waived any remuneration during the year, nor was any trustee reimbursed for any out of pocket expenses incurred.
|**CREDITORS**||**2023**|**2022**|
|---|---|---|---|
||Accruals|720|360|
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