EZRAS YISROEL TRUST Trustees, report and financial statements for the year ended 31 March 2024 EZII4S YISROEL TRUST Page Legal and administrative inforniation TTUStees' report Independent examine¢s retx)rt Statement of financial activities Balance sheet Nots to the fmancial slatements EZRAS YISROEL TRUST Legal and administrative infornjation T￿￿te¢S ELOW M Twersky R WosneT 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 We5tminsfrT Bank PIC Muswell Hill Broadway London Nl 0 3TF Pagel EZRAS YISROEL TRUST Trustees'report for the year ended 31 March 2024 Constitution The charity is governed by declaration of trust dated 7th February 2001. Organiutional structure The trustees have served throughout the year. The power to appoint new trustees is vested in the current board. All fvnds are raised by the trustees. Objects for public benefit The objects of the charity are: the advancement of education amongst Jews originaling from Yemen. the relief of poverty and illness amongsl persons of the Jewish faith and in particular amongst Jews originating from Yemen. lo provide help and support for persons of the Jewish faith seeking asylum in the United Kingdom from any part of the world. The trustees have considered the Charity Commission's general guidance on public benefiL Review of activities 2nd achievements The trustees have receftved less donations this year however the demand was still high and therefore run into a deficit. This should be rectified the following year. Reserve policy The charity does not have a specific reserve policy. All appeals for assistance are considered and grants are made in accordance with the circumstsnces and fi￿dS then available. Risk review The trustees have reviewed the major risks that ihe charity faces and confirni that they have established systems to mitigate them. Stalement of Irustees, responsibilities Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affair5 of the charity at the year end and of its incoming resources and resources exI￿nded during that year.ln preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles of the Charities SORP. make judgements and estimates that are reasonable and prudent" prepare the financial statements on the going concern basis unless it is inappropriate to presume that the chartty will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the fumncial stafrments comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the trust deed. They are also Tesponsibleforsafeguardingtheassetsofthecharityandhencefortakingreasonablestepsforthepreventionand detection of fraud and other irregularities. This report was approved by the tru by s on 2* January 2025 and signed on their behalf Trustee Page2 EZRAS YISROEL TRUST Notes to the financial statements for the year ended 31March 2024 Independent examiner's report to the trustees on the unaudited financial statements of EZRAS YISROEL TRUST. I report on the f]nancial statements of the trust for th¢ y¢ar ¢nded 31 March2024. Respective responsibilities of trustees and examiner The charity's tNstees are responsible for the preparntion of the accounts. The charitys trustees consider that an audit is not required for this year under sectionl 4412)of the Charities Act 2011 (the 201 l Act)and that an independent examination is needed. It is Tny responsibility to- examine the accounts under section 145 of the 201 l Act. to follow procedures laid down in the Generdl Directions given by the Cl)arity Commission under section 145(5)(b)ofthe201 l Act'and to state whether particular matters have come to my attention. Basis of independent examiDer's report My examinalion 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 thai 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 re￿rt is limited to those matters set out in the statm¢nt below. Independent examiner's statement In connection with my examination wo matter has Come to my attention: ( l }which gives me reasonable ca￿Se to believe that. in any matertal respect ,the requirements to keep accounting records in accordance with section130of the 201 l Act;and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the201 IAct 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 r¢ach¢ JS & Co Accountants Ltd 26 Theydon Road London ES 9NA 27 January 2025 Page3 EZRAS YISROEL TRUST STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024 Total 2024 Total 2023 Notes INCOMING RESOURCES Voluntary income 132.526 277,989 Total Ineoming resources 132,526 277,989 RESOURCES EXPENDED Costs of charitable activities Atd Education Governance costs 166.866 18.040 16,963 213,335 34.593 17,468 Total resources expended 201,869 265.396 NET INCOMINGI(OUTGOING) RESOURCES -69.343 12,593 RECONCILIATION OF FUNDS Total funds brought forward 9,959 -2,634 TOTAL FUNDS CARRIED FORWARD -59J84 9,959 The Notes forn part of the financial statements EZRAS YISROEL TRUST BALANCE SHEET 31-Mar-24 2024 2023 Notes CURRENT ASSETS: Cash at bank and in hand 21 21 55,514 55,514 CREDITORS: amounts falling due Ivithin one year -59,405 45,555 Net Currenl a55ets/(liabilities) -59,384 9.959 Tot81 assets less current liabilities -59,384 9,959 NET CURRENT ASSETS: -59,384 9,959 FUNDS Unrestricted fimds -59,384 9,959 TOTAL FUNDS -59,384 9,959 Approved by the board of Trustees on: And si ned on the behalf 27 January 2025 Trnste The Notes fom part of these financial statements EZRAS YISROEL TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 1 ACCOUNTING POLICIES Accounting ¢onventlon 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 praclice as laid down in the Statement of Recommended Prnctice "Accounting and Reporting by Charities" (SORP) issued in March 2005. Where there is a conflict between ihe FRSSE and the SORP. the SORP has been adopted in accordance with paragrdph 419ff of the SORP. Ineoming resources All incoming resources are includ¢d in ihe stalement of financial activities when the charity is enlitled to the income and the amounl can be quantified with reasonable ac¢uracy. Resources eipended Resources expended are recognised in the year in which they are incurred Cost of generating funds are those incurrcd in sccking volurkLiTr' contributions and do not include the costs ofdisseminaiing information support of the charitable actii'iiies. Governance costs are those incurred in connection with adminisiraiion of the charity and compliance with ¢onstilul1ot)￿ and $￿ul0ry requirements. EZRAS YISROEL TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 2024 2023 2 Aid Rent and household expenses Food and clothing Weddings Holidays Grants 28,529 15.092 29,005 9.319 84.921 36,078 16,184 9.983 9.233 141,857 166.866 213,335 Education 2024 2023 Education 18,040 18,040 34,593 34.593 Governance costs 2024 2023 Staff costs Accountancy fees Professional fees Su ndries Software Interest and charges 14.450 780 480 425 696 132 16,963 15.810 720 854 84 17.468 Truslees, 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 2024 CREDITORS DUE WITHIN ONE YEAR Accruals Other Creditors 2024 2023 780 58.625 59.405 720 44,835 45.555 MOVEMENTS IN FUNDS At 1.04.23 Net movement in funds At 31.03.24 Unrestricted funds General fund 9,959 -59,384 TOTAL FUNDS 9,959 -69,343 -59.384 Net movement in funds. included in the above are as follows: Incoming resources Rescources expended Movement in funds Unrestricted fvnds General fund 132.526 13? 526 201,869 201,869 -69,343 -69.343 TOTAL FUNDS RELATED PARTY Donations received includes amounts aggregating £115,500 from companies connected to the Trustees.