Registered Charlty No 1096177 UK FRIENDS OF NAHAR DEIAH TRUSTEES REPORT AND ACCOUNTS YEAR ENDED 28 FEBRUARY 2023
UK FRIENOS OF NAHAR DEIAH Reglstored Charfty No 1096177 YEAR ENDEO 28 FE8RUARY 2023 CONTENTS Pagfr Truslee8' Rèport Independent Examiners Report Sialemeni of Flnanclal Acllvities 8alance Sh801 Notes lo the Account3
TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 2B FEBRUARY 2023 UK FRIENDS OF NAHAR OEIAH The truslees pr888nt thelr P(r¢ along with the Ilnan¢io1 $1gtement8 of the charlty for the y&ar andad 28 F6bruary 2023. Th• Trust••s confimi that tha annual report and financial statemgnts of the charity comply with the current stalulory roquiremen18, the requirements of the charity's govèming document and the provisions of the Statement of Recommended Practice ISORPI "Accountln9 and Reporting by Chartli•s" prep8rlng Ihelr 8¢ctsunts In accordance with the Financlal Reporting Standard applicable in the UK ond RepubliG of Iroland IFRS 1021 issued 16 July 2014. ConstllLbflon The charity's govarning documént is a tni8t dèed daléd 20 Fébruary 2003. Charlly Reglstratlon Number.. 1096177 Principal Addre8$ 01 Ch8rity'. Brullmar Hous• Jubllee Road Middl8ton Manchester M24 2LX Charily Tru6teeB durlng the year. H Gordon G Harris Agents and advl8érs Independgnl examin•f8 G A Hafrl8 & Co Ltd Stacey Whlllng FCCA 62 Hilltop Drlve Hasllngden Rossendale BB4 8NB Lloyd6 TS8 8ank pie Kin9 Street Man¢haslor M24LQ Banker8 The Chority 1$ an unlncory)oratad ch8TIty. consllluted und•r a Iwst deed dated 20 February 2003. Appolntrnent of other trustees ig at Ihe dlscretlon of the Serving Iru$tee. All decislons madg on behalf of the charity are made by the IfU61ee. StruGlure. governance and management The Chority's governlng document Is a Trust Deed 08tad 20 F¢brugry 2003 Govorning Do¢umenl'. Risk Management.. The ITUStee h8s conduthd his own revlew of the major rlsks lo which the charity is exposed and sy$lem8 have been establlshed to mltigate these risks. These prdureS are periodicalty reviewed to ensure th81 they 8till meet the needs of the charity. Page 1
UK FRIENDS OF NAHAR DEIAH TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 28 FEBRUARY 2023 Objecllves and aclivilies.. The objective of the chartty is lo advance religious education in accordance with the doctrines and principles of the Jewish faith in particular by the support and finance of the institute of higher Jewish l&arning and education known as Yeshival Hesdar Nahar Deiah situatsd in Nahariya Israel and throughout the world. During the year the trust continued lo distributè the majority ofdonatlons il received to the above. Achievemenlsandpertormance Al the year end the trust's unrestri¢ied reserves w8re £71,142 {2022 £66,547) Financial review Durlng the year the ¢harlty received donallons of £26,310. There is no fomial policy lo mainlaln a sel level of reserves as the Charity's main aim is to ijislribute all available income lo the Yeshival Hesdar Nahar Deiah Therefore. the Trustees believe that no special reserves need to be held. Res&rves policy At the balance sheet date the Charity had reseryes available lo il of £71,142. Future Plans The trustees plan lo continue to seek donations which they aim 19 then distribute lo the Yeshival Hesdar Nahar Deiah. Tms report was approved by the Tru$iees on 25101024 Tru8t•• Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UK FRIENDS OF NAHAR DEIAH We report on the accounts of the Trust for the year erKled 28 F6bruary 2023 whlch are 8el out on pages 4 to 8. R•spectlv• R•sponslbllltl•s ol Tru8t••s and thè Examln•r As the Charity's Truslees you are responsible lor the preparation of tho accounts., you K*nsid¢r that the audit requirement of Se¢tion 43121 of the ChaTilie$ Act 2011 Ilhe A¢ll doe$ not aFf4y.11 is our r88pon8ibility lo $18te on the b8sI8 of kvocedures 8peclfled in the General Dlreclion8 given by the Charity Commission8rs under Section 4317llbl of the Act, wthether particular matters have cAMne to our attentlon. Ba818 of Indepondènt Examlnerfs Report Our axaminalion was carried out In accordance wlth the General Dlreclion8 given by thè Charlly Commlssioners. An examination in¢lude$ a review of the accounting rècords kept by the ChaTlty and a ¢omparison of the a¢¢ount$ presenled with those records 118150 includes conslderallon of any unusual Items or dlsclosurej in the accounts. and seeking explanations from you as Trustees concerning any such maller5. The procedvres undertaken do not provldo all the evldence that would be requlred in an audll and ¢onsequenlly we do not express an audit opinlon on the vlew given by the ac¢ounts. Ind•p•ndent Ex•mlneV• Ststsm•nt In ¢onnectlon th our ox8mlnatlon, no matter ha5 ¢ome to Our 8tttntlon.' Whlch glve¥ u$ r8880nable cause lo bellev• that in any materlal respect therequiféménts. To keep 8c¢ounling ffjcord8 In occordance wlth Section 41 of th• A¢t To prepare accounts whlch aceord with Ihe accounllng record$ and lo comply wllh the acGounllng requlrèments of theAcl. Have not been mel,. OT To whlch, In our oplnlon, attention should bo drawn In order lo enabl& a propgr underslandlng of the ac¢ounts lo be re8ched. Signed.. Dale Name.. Stac Whltlng FCCA 62 Hllllop Drfve Haslingden R083endal& B84 6N8 Addre5S'. Pag8 3
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UK FRIENDS OF NAHAR DEIAH Statement Of Flnan¢lal Actlvltles For the ygaT endod 28th February 2023 2023 2022 Unrestricted Unreslrtcied Funds Funds Notes INCOMING RESOURCES Incomlng ro8ource8 Irom gon•rat•d fund¥ Income 26.310 29,SC¥) Totsl Incomlng r•8ourc RE80URCES EXPENDED Charttablo a¢tfvltle• R8sourc88 8xp8nd8d on charltable activld88 21,700 18,Lh)O Governants costs 15 Total r••our¢•• •xp•n••d Surplu•l Id•flcltl for tho y•ar The notes part of these financial stat8ments Page 4
UK FRIENDS OF MAHAR DEIAH Balanco 8h••l For th• yw 8nded 28th February 2023 2023 Unrestrfcted Funds 2022 Un$tric Fund$ Nol8s FIXED A8SET3 Tangljle assets CURRENT ASSETS Cash at bank 71,142 86.S47 CREDITORS AM013 falling dug thIn one year NET CURRENT ASSET8 71.142 86.547 TOTAL ASSETS LE88 ¢URREMT LIABriES NET A88ET8 71,142 66,547 71,142 BO.547 FUNDS Unrnstrl¢tsd lund•: G•nwal fund 71,142 86.547 TOTAL FUNDS 00,547 Th flnanclal •tat•m•nts w•r• apwov•d by th• 8o*d of Tru•t••• on 25101r2024 and w•r• 119n•d on Its b•haKby.' QN BEHALF OF THE BOARD: Ch•lmi•n The notes form wt ofthege finanaal Statements Page 5
UK FRIENDS OF NAHAR DEIAH Nots to th• Flnan¢lal Stat•m•nt• For th• y•ar éndod 28th F&bruary 2023 ACCOUNTING POUCIES Accountlng ¢onvontlon The finandal statements have l)oen prepared und•rth• hl8lorf¢al c¥)st conventlm and in awdance wllh the 8tatement of reoommended practiGe.' AccounthThJ and R•n9 by charities pr$parlng th8lr actounts in accordance th tho Flnanclal Rewrtbng Standard apiiCaQ In tho UK and Rèpublic of Iroland IFRS 102) i88ued on 16 Juty 2014 arKI with the Charfues Act 2011 Incomlng r••ourcos All Incoming resourc are Indudod on th• Statement of Flnand&l AcUvll•J vthen the chgrfty 1$ Itgally enllY•d to thè Ifne gnd tho aMot b• quantifi•d wlth rèasaonoble accuracy. R•8ourcM •xp•ndod Expendfcure Is accounted lor on an ae£rual8 b891$ and ha8 been da89ifi•d dfjr the h•adln98 th•t aggregate all Msts related lo the category. Where costs c8nnot dlroctly attrlbuted lo parU¢wlar dIng8 Ihoy hav• been llated to actlvllè• on a balis rn918t•nI wlth us• of rns0urc. Tx#tlon Th• chathy li 6MPl from tsx on Ilj th•rll4bl• •Gtivtho. Fd arKounling Unr•8tri¢t•d fund8 can b• u8•d In •¢¢ordan vAth lh• ¢horit•lM• obJ•¢tlv•• at th• dlKr•Uon of th• tru$tMs. R•$trlcled lundj Can onty used for partlcular r•$lrktsd purpow8 vllhln the oblg¢ts of th• charty. Rg8trictw)n arlsè8 whèn 8poclfied by the donor or whart fund8 ar• ralB•d for partkular r•$lrlct•d purpo8•1. Furlher e4ol•n•kn of the nature and purp08• of •a¢h •o¢h fund li Induded In the not•• to lh• ffinand*l stslemenls. VOLUMTARY INCOME 2023 Oonatlon• r•eeived 26.310 6,310 Pggè 8
UK FRIENDS OF NAHAR DEIAH Not•s to th• Flnanclal Stat¢m•nts - ¢ontlnu For th• y••r ond•d 28th F•bruary 2023 CHARITABLE ACTIVITIES COSTS Direct '1gct costs 2023 2022 Donallons Aclbvilies for generating fund8 21,700 18,000 Resources expended on charitable activities 21.700 18,000 130VERNANCE C08T8 2023 2022 B•nk Charg•8 15 30 15 TRUSTEES, REMUNERATION AND BENEFITS Thef• were no Iru$te88' r•rMn•ralhgn or othèr benefits lor th¢ year endad 28th F¢brtry 2023. Tru•t••8' •xp•n•e• Ther• were Iw8tee8 oxpen8es paid in th• year ended 28th February 2023. Page 7
UK FRIENDS OF NAHAR DEIAH Notes to thé Flnanclal 8tatsment8- continu¢d For the year &nded 28th February 2023 MOVEMENT IN FUNDS As at Surplu 28.02.22 (def) In year A$al 28.02.23 Unmtrl¢t•d fund• General fund 66,547 4.595 71.142 Page 8