2023-03-31-accounts - Ezras Yisroel Trust

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EZRAS YISROEL TRUST

Trustees' report and financial statements for the year ended 31 March 2023

EZRAS YISROEL TRUST

	Page
Legal and administrativeinformation	1
Trustees'report	2
Independent examiner'sreport	3
Statement of financialactivities	4
Balancesheet	5
Notes to the financialstatements	6-8

EZRAS YISROEL TRUST

Legal and administrative information

Trustees E Low M Twersky R Wosner T Goldman Charity number 1086363 Office 33 Firsby Road London N16 6PX Independent examiner JS&CO AccountantsLtd 26 Theydon Road London E5 9NA Bankers National Westminster Bank Plc 190 Muswell Hill Broadway London N10 3TF

Page1

EZRAS YISROEL TRUST Trustees'report for the year ended 31 March 2023 COJhStltutAon Th¢ charity is governed by declaration of trust dated 7th February 2001. OT¥UniTati0Tr41 structure The tjustees have served throughout the year. The power to appoint new trustees is Yested in the current board. All funds are raised by the trtee. Ohjeets fr public benefit The objeLts of the charity are-. the advancement of education alllon51 J¢ws from or living in Yeme the relief of poverty and illness amongst person8 of the Jewish faith and in particular amongst Jews from or living in Yerne lo provide help a1 support for petsuns of th¢ Jewish faith se¢king asylum in the United Kingdom from any pth of the world and in particular Yemen. The ttustees have eonsidered the Charity Commission's general guidance on public benefit. Review •f actiyitses and achievements The twste¢s are pleased with this years Tesults. Reserve pollcy The charity does llothave a specific reserve policy. All appeals for assistance Are consid¢red and grants are made in accordance with the eireumstances and funds then available. Risk revlew The tNstees have reviewed the major risks that ihe charity faces and confirni that they have established sy5tcm5 to mitigate them. Stalemenl of trustees, responsibllltfies Charity law requires the trte¢S to prepare financial statements for each funCl2[ year which give a true and fair view of the state of affairs of the Lharity at the year end and uf its iwomingT reSOurS and reSoueS exnded during that year.ln preparing those statements, the truste£s arc required io". sek¢l Suitable aLcountinL' policieg and then apply them consistently. observe the rneth(xls and principles of the Charities SORP. make judgements and estimates that are reasonable and prndentr prepare the fmaThL'ial stat¢rn¢nls on the going concern basis unless it is inappropriate to presllme that the charity will Continue in business. Thc tnsstees are responsible for keeping proper aecounting record5 which disclose with rOnable awwacy at any time the fmancial position of the charity and enable them to et£ that the flnancial statements compty with the Charities Act 2011, the Charity (Accounts and Reports) Regulationg 2008 and the trust deed. They are also responsibleforsafegllardingtheassetsoffliccharityandhencefortakingreasonablestepsforthepreventionand detection of ud and other irregularitics. This report was approved by ihe trustees on 28 January 2024 and signed on their behalf by Pagt2

EZRAS YISROEL TRUST

Notes to the financial statements

for the year ended 31March 2023

Independent examiner's report to the trustees on the unaudited financial statements of EZRAS YISROEL TRUST.

I report on the financial statements of the trust for the year ended 31March2023.

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 section144(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 2011Act;
to follow procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b)ofthe2011Act;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 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 the 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 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 requirements
to keep accounting records in accordance with section130of the 2011Act;and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the2011Act

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.

JS & Co Accountants Ltd

26 Theydon Road London E5 9NA

28 January 2024

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EZRAS YISROEL TRUST

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023

Notes INCOMING RESOURCES Voluntary income Total Incoming resources RESOURCES EXPENDED Costs of charitable activities Aid 2 Education 3 Governance costs 4 Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Total 2023 £ 277,989 277,989 213,335 34,593 17,468 265,396 12,593 -2,634 9,959	Total 2022 £ 231,956
		231,956 180,110 24,770 19,624
		224,504 7,452 -10,086
		-2,634

The Notes form part of the financial statements

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EZRAS YISROEL TRUST BALANCE SHEET 31-Mar-23 2023 2022 Notes CURRETrrr ASSETS: Cash at bank and in hand 55,514 55.514 26.390 26,390 CREDITORS: amounts falllng due within one year 45,555 -23.756 Net Current assets/{IlabllltAes) 9.959 2,634 Total assets less eurrebt liabilities 9,959 2,634 NET CURRENT ASSETS: 9,959 2,634 FUNDS unrestrict funds 9,959 -1634 TOTAL FUNDS 9.959 -2.634 Approved by the board of Trustees on: And signed on their behalf by.. 28 January 2024 Trustee The Notes forrn part ofthese financial statèmènts

EZRAS YISROEL TRUST

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023

1 ACCOUNTING POLICIES

Accounting convention

These accounts have been prepared in accordance with the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015). In preparing the accounts, the charity follows best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) issued in March 2005. Where there is a conflict between the FRSSE and the SORP, the SORP has been adopted in accordance with paragraph 419ff of the SORP.

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.

Resources expended

Resources expended are recognised in the year in which they are incurred

Cost of generating funds are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

EZRAS YISROEL TRUST

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023

2 Aid Rent and household expenses Food and clothing Weddings Holidays Grants 3 Education Education 4 Governance costs Staff costs Accountancy fees Professional fees Sundries Interest and charges	2023 £ 36,078 16,184 9,983 9,233 141,857 213,335 2023 £ 34,593 34,593 2023 £ 15,810 720 854 84 17,468	2022 £ 51,415 9,878 2,440 11,537 104,840
		180,110 2022 £ 24,770
		24,770 2022 £ 14,828 660 3,484 400 252
		19,624

5 Trustees' emoluments

No trustee received remuneration, allowance for or reimbursement of expenses.

EZRAS YISROEL TRUST

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023

6 CREDITORS DUE WITHIN ONE YEAR Accruals Other Creditors	2023 £ 720 44,835 45,555	2022 £ 660 23,096
		23,756

7 MOVEMENTS IN FUNDS

Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above Unrestricted funds General fund TOTAL FUNDS	At 1.04.22 Net movement in funds -2,634 12,593 -2,634 12,593 are as follows: Incoming Rescources resources expended £ £ 277,989 265,396 277,989 265,396	At 31.03.23 £ 9,959
		9,959
		Movement in funds £ 12,593
		12,593

8 RELATED PARTY Donations received includes amounts aggregating £200,100 from companies connected to the Trustees.