Zayis Raanon
Financial Statements
For The Year Ended 31 March 2022
Registered Charity No. 1078972
Zayis Raanon
Trustees Annual Report For the year ended 31 March 2022
The Management Committee have pleasure in presenting their report and the Financial Statements for the year ended 31 March 2022
Reference and Administrative Details
Charity No 1078972 Principal Office 263 Durham Road Gateshead Tyne & Wear NE9 5AD Independent Examiner Mark Thompson MAAT 42 Lesbury Road Heaton Newcastle upon Tyne NE6 5LB Management Committee Joseph Schleider (Chairman) J Bernstein A Spitzer
Trustee selection method : A trustee is nominated and appointed at a meeting of the executive committee.
Declaration:
I declare in my capacity of charity trustee, that: the trustees have approved the accounts for the year ended 31 March 2022 set out in the following pages.
Signed:………………………………………………. J Schleider - Chairman
Date: 13 November 2022
INDEPENDENT EXAMINER'S REPORT
Report to the trustees of Zayis Raanon
On accounts for 31 March 2022 Charity no 1078972 the year ended Respective The trustees of the organisation are responsible for the preparation of responsibilities of accounts; they consider that an audit is not required for this year under trustees and section 144(2) of the Charities Act 2011 and that an Independent examiner Examination is needed. It is my responsibility to
-
examine the accounts (under section 145 of the 2011 Act),
-
• follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and • state whether particular matters have come to my attention.
Basis of My examination was carried out in accordance with General Directions independent given by the Charity Commissioners. An examination includes a review of examiner’s the accounting records kept by the charity and a comparison of the statement accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
-
Independent In the course of my examination, no matter has come to my attention: examiner's 1. which gives me reasonable cause to believe that in, any material statement respect, the trustees have not met the requirements to ensure that: • proper accounting records are kept (in accordance with section 130 of the Act); and • accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
-
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 20 December 2022 Name: Mark Thompson MAAT Address: 42 Lesbury Road Newcastle NE6 5LB
Zayis Raanon
Statement Of Financial Activities For the year ended 31 March 2022
| Incoming Resources Notes Grant Income 2 HMRC Job Retention Scheme Visitors Scheme Contract (Gateshead Council) Fees, Subscriptions and Donations Bank Interest Total Incoming Resources Resources Expended Salary Costs (including Visitors Scheme) 3 Premises & Equipment Activity Costs and Course Materials Office Costs Rent Utilities Promotion & Publicity Insurance Accountancy Charges Professional Fees Bank Charges Total Resources Expended Net income (expenditure) for the year Net Movement Between Funds Total Funds as at 1 April 2021 . Total Funds as at 31 March 2022 |
Unrestricted Funds 15578 18184 8987 42749 37351 4943 3401 90 2400 2013 400 150 3700 54448 -11699 34852 23153 |
Restricted Funds 750 750 2162 2162 -1412 1412 0 |
Total Funds 2022 750 15578 18184 8987 0 43499 37351 4943 5563 90 2400 2013 0 400 150 3700 0 56610 -13111 0 36264 23153 |
Total Funds 2021 10620 31997 18184 14210 0 |
|---|---|---|---|---|
| 75011 | ||||
| 60251 13235 9208 109 2550 1166 0 363 300 0 0 |
||||
| 87182 | ||||
| -12171 0 48435 |
||||
| 36264 |
Zayis Raanon
| Balance Sheet as at 31 March 2022 Notes Currents Assets Cash at bank and in hand Current Liabilities Net Current Assets Net Assets Funds Restricted Funds 4 General Funds |
£ £ 23152 23152 0 23152 23152 0 23152 23152 2022 |
£ £ 36264 36264 0 36264 36264 1412 34852 36264 2021 |
£ £ 36264 36264 0 36264 36264 1412 34852 36264 2021 |
|---|---|---|---|
| 23152 0 |
36264 0 |
||
| 36264 |
Approved by the Committee on ……………………………..
and signed on their behalf:
………………………………………………………
………………………………………………………
Zayis Raanon
Notes to the financial statements for the year ended 31 March 2022
1 Accounting Policies
1.1 Basis of preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2005)
1.2 Grant receivable and local authority fees
Grants received are accounted for on a receivable basis and credited to income. Any grants restricted to future accounting periods are deferred and recognised in those accounting periods.
1.3 Funds
Restricted funds comprise funds subject to specific restrictions imposed by donors and funders. Unrestricted funds comprise funds which can be used in accordance with the charitable objectives at the discretion of the Management Committee.
1.4 Expenditure
All is included on the accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one if the functional categories of resources expended in the SOFA. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT.
2 Grants Received
| Grants Received | ||||
|---|---|---|---|---|
| Rothley Trust | 750 | |||
| HMRC Job Retention Scheme | 15578 | |||
| Total Grants Received | 16328 | |||
| Employees | ||||
| Total salaries for the year were | 37351 | |||
| The average no. of staff employed was 5. | ||||
| Restricted Funds | Balance | Balance | ||
| Apr-21 | Income | Exp | Mar-22 | |
| Rothley Trust | 750 | 750 | 0 | |
| Connected Voice | 692 | 692 | 0 | |
| Connect Fund | 720 | 720 | 0 | |
| Total Restricted Funds | 1412 | 750 | 2162 | 0 |