THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE TRUSTEES, REPOFT FOR THE YEAR ENDED 31ST MARCH 2024 The trustees prese t thelr Report for the year ended 31st Mwch 2024. STRUCTURE, GOVERNANCE AND K4NAGEME The trustees who sqTved durlng the period. were; lan Fine Martin Moser Norman Roberts Trustees are recruitpd based on the skills they have to offer the Charity. On agreeing to become trustees, the new trustees are briefed by the existing trustees on the history of the CharÉty. the day-ttrday management, their responsibilittes, the current obj'ectives and future plans. The trustees may attend any courses which they feel are relevant to the development of their role, and are encouraged to keep upkndate on any thanges in legisLqtion that may impad the Chartty. None of the trustd has any beneficial interest in the Charity. The trustees have qssessed the major risks to whith the chaiity is exposed, and are satisfied that systems are in Pla to mitigate ex sure to the major risks. OBJECTIVES AND ICTIVITIES The main obiectiveslof the chartty are as follows: The advancement of the Jewish religion.. The advancement of education generalty.. The relief the Jewish poor and aged generally. and To provide or assist in the Provion of a communal Gentre in the interests of soaal welfare, in order to improve thq quality of lrfe of the residents of Netanya. All as part oflhe work done by the Young Israel Congregation of North Netanya and Community Centre at 39 Shlomo Hamelech Street, Netsnya, Israel Dhe Centre The trustees have paid due regard to guidan issu8d by the Charity Commlssion in deciding what arAivities the charity should undertake. ACHIEVEMENTS Ar4D PERFORMANCE Although income has declined, the Trustees are pleased that in these challenging economic times they have managed to help thelyoung Israel of North Netanya community. Israel, to thtive. PUBLIC BENEFIT The trustees have complied with their duty in section 17 of the Chartses Act 2011 to have due regard lo the gurdance published by the Charity Commi&%ion. FINANCIAL REVIEW The Accounts for thelyear ended 31st March 2024 show a net outnow of funds of £1.225, after transfers of £27.847 to the Young Israel of North Netsnya Community head of. Incoming resour(xs included a tax recovery of £2.249. The net unr8slricted Lnds of the Charity were £4,448 as at 31st March 2024. As a chaiity vthich relies simpty on voluntary donations from the general public. there is no operational need for income from investments to meet the needs of a predicted annual budget. nor is there a required mlnimum income that has to be adiieved.
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR E dDED 31ST MARCH 2024 PL4NS FOR THE F TURE The charrty plans t* continue the activiiies oullined above in the forthcoming years subieci to satisfadory funding arrangements. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsibte for preparing the Trustees. Report and the accounts in accordance with applicable law and United King om Accounting Standards (Unrted KIn10M Generally ACpted Accounting Practice). The law applicable o chatities in England and Wales requires Ihe trustees to prepare accounts for each finanaal year which give a true and fair view of the stats of affairs of the charity and ofth8 ino)ming resourc£s and application of those . resources of the charity for that year. In preparing these a¢counts, the twstees are required to.. select suitable (1)untIng policses and apply them consistently., observe the methods and principles in Ihe Charities SORP., makejudgments and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed. subject to any material departures disdosed and explained in the accounts., and prepare the accounts on the going concem basis unless it is inappropriate to presume tw the charity will rx)ntinue in operalion. The trustees are re ,ponsible for keeping sufftient accounting records that disdose with reasonable accuracy at any one time the financial position of the charity and to enable them to ensure that the accounts comply with the Charlties Act 2011, the Chanl'es (Accounts and reports) Regulations 2008 and the provisions of the trusl deed. They are also responsible for safeguarding the assets of the ¢harttytherebya)suring that reasonable stsps are taken forthe prevention and detection of fra d and other irregularities. On behalf of the bj 'rd of trustees Nomian Roberts Trustee Date.. 18 SeptemberlP024
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Charity Registratlon No. 1065915
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 CONTENTS Page Legal and Administrattve information Independent Examinerfs Report statement of financial activities Balance Sheet Note to the Accounts
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 LEGAL AND ADMINISTRATIVE INFORMATION Trustees lan Fine Martin Moser Nonnan Stuart Roberts Charity Number 1065915 (England & Wales) Principal Address 2 Deacons Heights Bamet Lane Elstree Hertfordshire WD6 3QY Independent Examiner Jacky C Lax FCA Jacob Charles & Co. Sentinel House Sentinel Square Brent Street London NW4 2EP Date of re9i5trats.on as a charity 19th November 1997
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounts of the Charity for the year ended 31 st March 2024, which are set out on pages 2 to 4. Respective responsibilltles of trustees and exarnlner The Charity's trustees are responsible for the preparation of the accounts. They consider that an audit Is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Ad) 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 partrcular matters have come to my attention. Basis of independent examIne8 report My examination was carried out in accordance with the general D1ctionS given by the Charity Commission. An examination indudes a review of the accounting CordS 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 provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a Irue and fair view, and the report is limited to those matters set out in the statement below. Independent eXamIneS statement In connection with my examination, no matter has come to my attention". (1) which gives me reasonable cause to believe that in any material respect the reqU1Ments. - 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 wtth the accounting 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 account5 to be reached. Jacky Chaim Lax FCA Jacob Charfes & Co. Chartered Accountants (ICAEW) Sentinel House Sentinel Square Brent Street London NW4 2EP Date., 18 September 2024
THE BRITISH FRIENDS OF THE YOUNG ISRAELOF NORTH NETANYA AND COMMUNI CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024 Note Unrestricted 2024 Unrestricted 2023 Incoming resources Voluntary income Income Tax recovered 24.373 34,813 Resources expended Charitable costs Costs of generating funds Transfers to Young Israel of North Netanya Total resources expended Net movement In fun(ts Nel unrestricted income for the year Total funds at 1 April 2023 (1,225) 13,127) Total funds at 31 March 2024
THE BRITISH FRIENDS OF ThE YOUNG ISRAEL OF NORTh NEfANYAAND COMMUNITY CENTrE BALANCE SHEEr AS AT 31ST MARCH 2024 Unrestrlthd 2023 2024 Current assets." Cash at bank and in hand 67 Net current assets The funds of the charity." Unrestricted funds The accounts were approved by the Twstees on 1 r 2024. Ma Trustees Nornian Stuart Rotrerts
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 Accounting pollcles BASIS OF ACCOUNTING The accounts have been prepared under the historical cost convention. FUNDS STRUCTURE Unrestricted funds comprise those funds which the directors are free to use for any purpose in furtherance of the Gharitsble objects. Restricted funds are subject to specific condib'ons by donors as to how they may be used. INCOMING RESOURCES All. incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources be received and the monetary value of incoming resources can be measured with SLrffirient reliability. RESOURCES EXPENDED Charitable costs comprises all expenditure directly relats'ng to the objectives of the Charity.
THE BRITISH FRIENDS OF THE YOUNG ISRAEL OF NORTH NETANYA AND COMMUNITY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounts of the Charity for the year ended 31st March 2024, which are set out on pages 2 to 4. Respectlve rasponsibilitles of trustees and examlner The Charity's trijstees are responsible for the preparation of the accounts. They 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 examine$ report My examination was carried out in accordan wÈth the general Directions given by the Charity Commission. 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 Gonceming any such matters. The procedures un¢Yertaken 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 vie* and the report is limited to those matters set out in the statement below. Independent examlnerfs statsment In connection with my examination. no matter has come lo my attention.. (1) which gives'me reasonable cause to believe that in any material respect the requirements.. - to keep accounting records in accordance wrth section 130 of the 2011 Act,. and - to prepare accounts which accord with the accounting records and comply with the accounting 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. Jacky aim Lax FCA Jacob Charles & Co. Chartered Accountants (ICAEW) Sentinel House Sentinel Square Brent Street London NW4 2EP Date; 18 September 2024