DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
ANNUAL REPORT
FOR THE YEAR ENDED 31 December 2022
REGISTERED CHARITY NO. 1067819
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
REGISTERED CHARITY NO. 1067819
CONTENTS
| Page | |
|---|---|
| Legal and administrative information | 3 |
| Report to the trustees | 4 - 5 |
| Annual report | 6 |
| Receipts and Payments Account | 7 |
| Statement of Assets and Liabilities | 8 |
| Notes forming part of the financial statements | 9 - 11 |
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
REGISTERED CHARITY NO. 1067819
TRUST INFORMATION
Trustees
Mr L Angel (Chairman) Mrs M Angel Mr A angel Mrs R Angel
Principal Office
10 Reenglass Road Stanmore HA7 4NT Bankers Barclays
Independent Examiners
Oliver Clive & Co Limited Chartered Accountants 14 David Mews London W1U 6EQ
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 December 2022
The trustees present their report and financial statements for the year ended 31 December 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s constitution, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (FRS 102).
Structure, governance and management
The trust is governed by a deed of trust dated 6 December 1997 and is a registered charity (charity number 1067819).
The trustees who served during the year were:
Mr L Angel Mrs M Angel Mr A Angel Mrs R Angel
Apart from the first trustees, every trustee must be appointed by a resolution of the trustees at a special meeting called under clause 15 of the trust deed.
Objectives and activities for the public benefit
The objectives of the trust are general charitable purposes and the advancement of health or saving of lives.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the grant making policy in the year.
Review of activities for the year
The trust has raised funds through donations for the purposes of fulfilling its objectives. During the year these objectives were met through donations made.
The trustees may invest the unrestricted funds in any type of investment as seen fit.
Reserves Policy
It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure. The trustees consider that funds at this level will ensure that in the event of a significant drop in funding they will be able to continue the Trust's current activities while consideration is given to ways in which additional funds may be raised.
Risk management
The trustees have examined the major, strategic, business and operational risks that the charity faces and confirm that the systems have been established to ensure that these risks are minimised.
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 December 2022
Independent examiner
The trustees have appointed Oliver Clive and Co Limited as independent examiner to undertake the independent examination of the trust.
Trustees' responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
The law applicable to charities in England and Wales 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 and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material
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departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to
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presume that the charity will continue in business.
Trustees
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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
Approved by the trustees on and signed on their behalf by
30 October 2023
Mr L Angel Chairman
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 December 2022
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 December 2022
I report on the financial statements of the Trust for the year ended 31 December 2021, which are set out on pages 7 to 11.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the financial statements. 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:
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to examine the accounts (under section 145 of the 2011 Act);
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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
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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 Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 financial statements 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 connection with my examination, no matter has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements: (i) to keep accounting records in accordance with section 130 of the 2011 Act; and (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Emma Benjamin CA Independent Examiner Oliver Clive & Co Limited Chartered Accountants
14 David Mews London W1U 6EQ
Dated 30 October 2023
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust REGISTERED CHARITY NO. 1067819 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 December 2022
| Incoming Resources Donations Gift Aid Interest Received Total Incoming Resources Resources Expended Direct Charitable Expenditure Donations 3 Administration Charges Total Resources Expended Net expenditure for the year and Net movement in funds Fund balance at 31 Dec 2021 Fund balance at 31 Dec 2022 |
£ 40,000 9,836 - 49,836 51,198 - - 51,198 (1,362) 33,155 31,793 Unrestricted Funds |
£ - - - - - - - - - - - Restricted Funds |
Period Ended 31-Dec-22 Total £ 40,000 9,836 - 49,836 51,198 - - - 51,198 (1,362) 33,155 31,793 |
Period Ended 31-Dec-21 Total £ 30,000 - - |
|---|---|---|---|---|
| 30,000 | ||||
| 41,550 - - - |
||||
| 41,550 | ||||
| (11,550) 44,705 |
||||
| 33,155 |
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the incoming resources and resources expended derive from continuing activities.
The notes on pages 9 - 11 form part of these financial statements.
Docusign En¥ÈlopÈ ID". 5FAOD41E-18E4-485C-885&DE71699BBD02
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
THE ANGEL CHARITABLE TRUST REGISTERED CHARITY NUMBER 1067819 STATEMENT OF ASSETS AND LIABILITIES AS AT 31 December 2022
| Current Assets Debtors Cash at bank and in hand Creditors: Amounts falling due within one year Net current assets Creditors: Amounts falling due after more than one year Total Net Assets Represented by Unrestricted funds Restricted funds Total Funds |
£ £ £ £ 19,836 10,000 11,957 23,155 31,793 33,155 - - 31,793 33,155 31,793 33,155 - - 31,793 33,155 31,793 33,155 - - 31,793 33,155 31-Dec-22 31-Dec-21 |
£ £ £ £ 19,836 10,000 11,957 23,155 31,793 33,155 - - 31,793 33,155 31,793 33,155 - - 31,793 33,155 31,793 33,155 - - 31,793 33,155 31-Dec-22 31-Dec-21 |
|---|---|---|
| 33,155 - |
||
| 33,155 | ||
| 33,155 - |
||
| 33,155 |
30 October 2023 The financial statements set out on pages 6 to 10 were approved by the Trustees on and were signed on their behalf by:
_______ Mr L Angel Chairman
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
REGISTERED CHARITY NO. 1067819 NOTES FORMING PART OF THE FINANCIAL STATEMENTS AS AT 31 December 2022
1 Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1 Basis of accounting
The financial statements have been prepared under the historical cost convention
The financial statements have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice: Accounting and Reporting by Charities SORP (FRS 102), the Charity (Accounts and Reports) Regulations 2008 and the Charities Act 2011.
1.2 Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when received.
The value of services provided by volunteers has not been included.
1.3 Resources Expended
All expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be recovered and is included in the relevant costs in the statement of financial activities.
Direct expenditure comprise the cost of donations made; other expenditure includes costs incurred by the charity in delivery of its activities and services for its beneficiaries. Governance costs are those incurred in connection with the administration of the charity and compliance with the constitutional and statutory requirements.
1.4 Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are subject to specific conditions by donors as to how they may be used.
2 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year, and none of them were reimbursed any expenses.
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
REGISTERED CHARITY NO. 1067819 NOTES FORMING PART OF THE FINANCIAL STATEMENTS AS AT 31 December 2022
3 Resources expended
The amount paid in the year comprised of the following donations and grants.:
| 31-Dec-22 | 31/12/2021 | |||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |
| Fund | Fund | Fund | Fund | |
| Chai Lifeline Cancer | 10,475.00 | 10,475.00 | 1,500.00 | |
| CST | 1,150.00 | 1,150.00 | - | |
| Dalaid | - | 0 | ||
| Deafblind UK | - | - | ||
| Econocom food | - | - | ||
| Ex-Services Mental Health Society | - | - | ||
| Food Lifeline Zsv trust | - | 1,800.00 | ||
| Friends of Hatzala | 2,700.00 | 2,700.00 | - | |
| Friends of Anchor | - | - | ||
| Friends of Isreal Centre for the sports disabled | - | - | ||
| Friends of Imreio Emess | - | 0 | ||
| Grief encounter | 2,000.00 | 2,000.00 | - | |
| Help For Heroes | - | - | ||
| Hospital Kosher Meal Service | - | - | ||
| Independent Age | - | - | ||
| Ikamva Iabantu | - | 1,000.00 | ||
| Jami | 500.00 | 500.00 | 10,040.00 | |
| Jnetics | 12,050.00 | 12,050.00 | - | |
| Kisharon | 900.00 | 900.00 | 0 | |
| Jewish Deaf Association | - | 500.00 | ||
| Kol Nidre Appeal | - | 5000 | ||
| Langdon | 5,000.00 | 5,000.00 | 0 | |
| Leon Foundation | - | 0 | ||
| London Jewish Family centre | - | - | ||
| Lubavitch of Edgeware | - | - | ||
| Macmillan | - | 0 | ||
| Marie Curie | - | - | ||
| Mencap | - | - | ||
| Miracle Draive Trust | - | 2,900.00 | ||
| Mizrachi | - | - | ||
| Operation smiles | - | 0 | ||
| NPC | - | 10000 | ||
| Norwood | 5,300.00 | 5,300.00 | 0 | |
| Project seed | - | 0 | ||
| Peninim | - | - | ||
| Prostate Cancer | - | - | ||
| Rays of Sunshine | - | - | ||
| Save the Children | - | - | ||
| Sundry donations | - | 0 | ||
| Second Chance Charity | - | 2,178.00 | ||
| Stanmore and Cannons park Synagogue | 2,771.00 | 2,771.00 | - | |
| SSAFA | - | - | ||
| The Boys Clubhouse | - | - | ||
| United Jewish Israel Trust | - | - | ||
| Wellchild | - | - |
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
REGISTERED CHARITY NO. 1067819 NOTES FORMING PART OF THE FINANCIAL STATEMENTS AS AT 31 December 2022
| World Jewish relief Yavneh Foundation Youth aliya child Rescue donation Yeshiva Gedolah YTAF ZSV Trust Sundry Donations below £500 |
- 2900 4,800.00 4,800.00 0 72.00 72.00 0 - - - - - 3,732.00 3,480.36 3,480.36 - - |
|---|---|
| - 51,198.36 51,198.36 41,550.00 |
DocuSign Envelope ID: 5FA0D41E-18E4-485C-8858-DE71699BBD02
The Angel Charitable Trust
REGISTERED CHARITY NO. 1067819 NOTES FORMING PART OF THE FINANCIAL STATEMENTS AS AT 31 December 2022
4 Statement of restricted funds
| Movement in the year | 31-Dec Incoming Resources 31-Dec 2021 Resources Expended 2022 £ £ £ £ - - - - |
|---|---|
| - - - - |
5 Statement of unrestricted funds
| Movement in the year Movement in the year 6 Analysis of net assets between funds Fund balances at 31 December 2022 are represented by: Current assets |
31-Dec Incoming Resources 31-Dec 2021 Resources Expended 2022 £ £ £ £ 44,705 30,000 41,550 33,155 |
31-Dec Incoming Resources 31-Dec 2021 Resources Expended 2022 £ £ £ £ 44,705 30,000 41,550 33,155 |
|---|---|---|
| 44,705 30,000 41,550 33,155 |
||
| 31-Dec Incoming Resources 31-Dec 2020 Resources Expended 2021 £ £ £ £ 2,790 75,000 33,085 44,705 |
||
| 2,790 75,000 33,085 44,705 |
||
| Unrestricted Funds Restricted Funds Total £ £ £ 33,155 - 33,155 |
||
| 33,155 - 33,155 |