Charity registration number 1086643 (England and Wales)
HALE ADULT HEBREW EDUCATION TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
HALE ADULT HEBREW EDUCATION TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Rabbi J Portnoy Mr M Cohen Rabbi B Z Portnoy Mr S D Fine
Charity number (England and Wales) 1086643 Principal address 193a Ashley Road Hale WA15 9SQ Independent examiner Lopian Gross Barnett & Co 1st Floor, Cloister House Riverside New Bailey Street Manchester M3 5FS
HALE ADULT HEBREW EDUCATION TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 10 |
HALE ADULT HEBREW EDUCATION TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The trustees present their annual report and financial statements for the year ended 5 April 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The charity's objective and activity is the advancement of Jewish education amongst adults in Hale, Altrincham and Cheshire.
The trustees confirm that they have referred to guidance contained in the charity commissions' general guidance on public benefit when reviewing the trusts aims and objectives and in planning future activities and setting the grant making policy for the year.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Significant activities and achievements against objectives
During the year the charity continued its one-to-one tutor partner programmes, keynote lectures, post Holocaust education, other events and publications as well as to develop Youth and Aleph Bet programmes.
Financial review
The charity's main income is from donations and most of this income is used to develop one-to-one tutor partner programmes, Keynote lectures, post Holocaust education, Shabbatonim, Youth and Aleph Bet programmes, other events and publications.
During the year, the charity received income of £136,162 and £130,962 was used in furtherance of the charity's objectives. Total funds carried forward are £36,697 in an unrestricted fund to preserve the continuity of operations.
Reserves policy
There is no formal policy to maintain a set level of reserves as the charity's main aim is to direct all available income to the furtherance of its objectives. Therefore, the trustees believe that no special reserves need to be held.
Major risks
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
Plans for future periods
The trustees plan to continue the charity's current activities advancing Jewish education amongst adults.
Structure, governance and management
The charity was established by a trust deed dated on 30 November 2000 with a charity number 1086643
The trustees who served during the year and up to the date of signature of the financial statements were: Rabbi J Portnoy
Mr M Cohen Rabbi B Z Portnoy Mr S D Fine
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HALE ADULT HEBREW EDUCATION TRUST
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED5 APRIL 2025
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Recruitment and appointment of trustees
Appointment of other trustees is at the discretion of the serving trustees. Training would be offered to new trustees by the existing trustees.
All decisions made on behalf of the charity are made by the trustees.
The trustees’ report was approved by the Board of Trustees.
Rabbi J Portnoy Trustee
Date: Js |iejas oo.
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HALE ADULT HEBREW EDUCATION TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HALE ADULT HEBREW EDUCATION TRUST
I report to the trustees on my examination of the financial statements of Hale Adult Hebrew Education Trust (the charity) for the year ended 5 April 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Simon Kaye ACA CTA Lopian Gross Barnett & Co
1st Floor, Cloister House Riverside New Bailey Street Manchester M3 5FS
Dated: 17 December 2025
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HALE ADULT HEBREW EDUCATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income from: | |||
| Donations and legacies | 3 | 136,162 | 88,645 |
| Total income | 136,162 | 88,645 | |
| Expenditure on: | |||
| Charitable activities | 4 | 130,962 | 133,746 |
| Total expenditure | 130,962 | 133,746 | |
| Net income/(expenditure) and movement in funds | 5,200 | (45,101) | |
| Reconciliation of funds: | |||
| Fund balances at 6 April 2024 | 31,497 | 76,598 | |
| Fund balances at 5 April 2025 | 36,697 | 31,497 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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HALE ADULT HEBREW EDUCATION TRUST
BALANCE SHEET
AS AT 5 APRIL 2025
SSeS
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 9 | 28,167 | 28,167 | ||
| Current assets | |||||
| Debtors | 10 | - | 50 | ||
| Cash atbank and in hand | 23,925 | 15,890 | |||
| 23,925 | 15,940 | ||||
| Creditors: amounts falling due within | |||||
| one year | 12 | (15,395) | (12,610) | ||
| Net current assets | 8,530 | 3,330 | |||
| Total assets less current liabilities | 36,697 | 31,497 | |||
| Income funds | |||||
| Unrestricted funds | |||||
| General unrestrictedfunds | 34,480 | 29,280 | |||
| Initial trustfund | 2217 | 2,217 | |||
| 36,697 | 31,497 | ||||
| 36,697 | 31,497 |
The financial statements were approved by the Trustees on lel In fras-
Rabbi J Portnoy Trustee
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HALE ADULT HEBREW EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1 Accounting policies
Charity information
The Hale Adult Hebrew Education Trust is a charity established by Trust Deed on 30 November 2000. The charity supports the advancement of Jewish education amongst adults.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expenditure
Expenses are included in the financial statements as they become receivable or due.
Governance costs comprise of all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
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HALE ADULT HEBREW EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
1 Accounting policies
(Continued)
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
nil
The residual cost of the assets is expected to be the same as the original cost and therefore no depreciation has been charged.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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HALE ADULT HEBREW EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Donations and gifts | 136,162 | 88,645 |
4 Expenditure on charitable activities
| Charitable | Charitable | ||
|---|---|---|---|
| activities | activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| One-to-one learning programmes, wages, events, post Holocaust education, | |||
| Aleph Bet programme, Youth Project and associated costs | 102,476 | 104,408 | |
| Premises Costs | 27,297 | 28,014 | |
| 129,773 | 132,422 | ||
| Share of support and governance costs (see note 5) | |||
| Governance | 1,189 | 1,324 | |
| 130,962 | 133,746 | ||
| Analysis by fund | |||
| Unrestricted funds | 130,962 | 133,746 | |
| 5 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Governance costs | 1,189 | 1,324 | |
| Analysed between: | |||
| Charitable activities | 1,189 | 1,324 |
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HALE ADULT HEBREW EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
6 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
None of the trustees (or any person connected with them) received any reimbursement of expenses from the charity during the year.
7 Employees
The average monthly number of employees during the year was:
| The average monthly number of employees during the year was: | ||
|---|---|---|
| 2025 | 2024 | |
| Number | Number | |
| Charitable activities | 3 | 3 |
| No employees received employee benefits of more than £60,000 during the year. | ||
| There were no employees whose annual remuneration was more than £60,000. |
8 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
9 Tangible fixed assets
| 9 | Tangible fixed assets | ||
|---|---|---|---|
| Fixtures, | |||
| fittings & | |||
| equipment | |||
| £ | |||
| Cost | |||
| At 6 April 2024 | 28,167 | ||
| At 5 April 2025 | 28,167 | ||
| Carrying amount | |||
| At 5 April 2025 | 28,167 | ||
| At 5 April 2024 | 28,167 | ||
| 10 | Debtors | ||
| 2025 | 2024 | ||
| Amounts falling due within one year: | £ | £ | |
| Other debtors | - | 50 |
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HALE ADULT HEBREW EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
11 Loans and overdrafts
| Loans and overdrafts | ||
|---|---|---|
| Other loans Loans from related parties Payable within one year Creditors: amounts falling due within one year Borrowings Other taxation and social security Accruals and deferred income |
2025 £ 5,000 6,000 11,000 11,000 2025 £ 11,000 867 3,528 15,395 |
2024 £ 5,000 6,000 |
| 11,000 | ||
| 11,000 | ||
| 2024 £ 11,000 471 1,139 |
||
| 12,610 |
12 Creditors: amounts falling due within one year
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 6 April | Incoming | Resources | At 5 April | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| General funds | 29,280 | 136,162 | (130,962) | 34,480 |
| Previous year: | At 6 April | Incoming | Resources | At 5 April |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| General funds | 74,381 | 88,645 | (133,746) | 29,280 |
14 Related party transactions
Transactions with related parties
At the year end, the charity owed a trustee £6,000. No interest was charged on the loan.
There were no further related party transactions.
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