TOMCHEI CHOLIM TRUST
Trustees' report and financial statements for the year ended 31 October 2021
TOMCHEI CHOLIM TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021
Contents
| Charity Information | 2 |
|---|---|
| Trustees Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6-7 |
| Detailed Statement of Financial Activities | 8 |
TOMCHEI CHOLIM TRUST CHARITY INFORMATION
| Trustees | Z Blier |
|---|---|
| M Freund | |
| D S Klein | |
| Correspondent | Z Blier |
| Charity Address | 83 Lordship Road |
| London | |
| N16 6QY | |
| Charity Number | 1096348 |
| Accountants | JS&Co Accountants Ltd |
| 26 Theydon Road | |
| London | |
| E5 9NA |
2
TOMCHEI CHOLIM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021
The trustees have pleasure in presenting their report and the financial statements of the charitable trust for the year ended 31 October 2021. The accounts have been prepared in accordance with the accounting policies set out on Page 6 and comply with the charity’s memorandum and articles of association and applicable law.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES Objectives and aims
Tomchei Cholim Trust is a charity and it constitutes as a trust dated 11 October 2002 and registered as a charity on 4[th] March 2003.
The principal objective of the charity are provision of material and moral support for people who are sick or ill or feeble of frail or undergoing or recovering from surgery or other treatment in hospital.
Significant Activities
Main source of income for the charity is donations from various institutions and individuals. During the year the charity provided meals and various support services for those receiving hospital treatments.
ON BEHALF OF THE BOARD:
Z Blier – Trustee
31August 2022
3
TOMCHEI CHOLIM TRUST
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 October 2021
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Grants RESOURCES EXPENDED Cost of generating funds Cost of generating voluntary income Charitable activities Administrative Expenditure Governance costs Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2021 £ 194,897 3,084 |
2020 £ 208,916 |
|---|---|---|
| 197,981 185,713 9,456 870 196,039 1,942 12,452 14,394 |
208,916 197,227 7,695 637 |
|
| 205,559 3,357 9,095 |
||
| 12,452 |
The Notes form part of the financial statements
Page 4
TOMCHEI CHOLIM TRUST
| 2021 Notes £ £ FIXED ASSETS Tangible assets 3 6,440 6,440 CURRENT ASSETS: Cash at bank and in hand 8,554 8,554 CREDITORS: amounts falling due within one year 4 -600 Net Current assets/(liabilities) 7,954 NET CURRENT ASSETS: 14,394 FUNDS 5 Unrestricted funds 14,394 TOTAL FUNDS 14,394 BALANCE SHEET 31-Oct-21 |
2021 Notes £ £ FIXED ASSETS Tangible assets 3 6,440 6,440 CURRENT ASSETS: Cash at bank and in hand 8,554 8,554 CREDITORS: amounts falling due within one year 4 -600 Net Current assets/(liabilities) 7,954 NET CURRENT ASSETS: 14,394 FUNDS 5 Unrestricted funds 14,394 TOTAL FUNDS 14,394 BALANCE SHEET 31-Oct-21 |
2021 Notes £ £ FIXED ASSETS Tangible assets 3 6,440 6,440 CURRENT ASSETS: Cash at bank and in hand 8,554 8,554 CREDITORS: amounts falling due within one year 4 -600 Net Current assets/(liabilities) 7,954 NET CURRENT ASSETS: 14,394 FUNDS 5 Unrestricted funds 14,394 TOTAL FUNDS 14,394 BALANCE SHEET 31-Oct-21 |
2020 £ £ 7,766 7,766 5,262 5,262 -576 4,686 12,452 12,452 12,452 |
2020 £ £ 7,766 7,766 5,262 5,262 -576 4,686 12,452 12,452 12,452 |
|---|---|---|---|---|
| 14,394 | 12,452 | |||
| 14,394 | 12,452 | |||
| 14,394 | 12,452 |
The financial statements were approved by the board of Trustees on 31 August 2022 And signed on its behalf by:
Z Blier - Trustee
M Freund - Trustee
The Notes form part of these financial statements
Page 5
TOMCHEI CHOLIM TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 October 2021
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effectiveApril 2008), 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
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
Expenditure is accounted for on accurals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consitent with the use of resources
Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost residual value ofeach asset over its expected useful life as follows:
Fixtures, fittings -15% reducing balance Motor vehicles - 25% reducing balance Equipment - 33% reducing balance
Taxation
The Charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2 TRUSTEES REMUNERATION AND BENEFITS
There where no trustees remuneration or other benefits for the year ended 31 October 2021 nor for the year ended 31 October 2020.
Trustees Expenses
There where no trustees expenses paid for the year ended 31 October 2021 nor for the year ended 31 October 2020.
Page 6
TOMCHEI CHOLIM TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 October 2021
| 3 TANGIBLE FIXED ASSETS COST At 1 November 2020 Additions Disposals At 31 October 2021 DEPRECIATION At 1 November 2020 Charge for the year At 31 October 2021 NET BOOK VALUE At 31 October 2021 At 31 October 2020 4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other Creditors 5 MOVEMENTS IN FUNDS |
3 TANGIBLE FIXED ASSETS COST At 1 November 2020 Additions Disposals At 31 October 2021 DEPRECIATION At 1 November 2020 Charge for the year At 31 October 2021 NET BOOK VALUE At 31 October 2021 At 31 October 2020 4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other Creditors 5 MOVEMENTS IN FUNDS |
Fixture and fittings Motor Vehicle £ £ 32,713 37,150 |
Fixture and fittings Motor Vehicle £ £ 32,713 37,150 |
Computer equipments £ 2,007 |
Totals £ 71,870 0 0 |
|---|---|---|---|---|---|
| 32,713 37,150 26,437 35,802 941 337 |
2,007 1,866 47 |
71,870 64,105 1,325 |
|||
| 27,378 36,139 5,335 1,011 |
1,913 94 |
65,430 6,440 |
|||
| 6,276 1,348 |
141 | 7,765 | |||
| Other Creditors MOVEMENTS IN FUNDS |
2021 £ 600 |
2020 £ 576 |
|||
| 600 | 576 | ||||
| Unrestricted funds General fund TOTAL FUNDS |
At 1.11.20 £ 12,452 12,452 |
Net movement in funds £ 1,942 |
At 31.10.21 £ 14,394 |
||
| 1,942 | 14,394 |
| DUE WITHIN ONE YEAR | |||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Other Creditors | 600 | 576 | |
| 600 | 576 | ||
| MOVEMENTS IN FUNDS | |||
| At 1.11.20 | Net movement | At 31.10.21 | |
| in funds | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 12,452 | 1,942 | 14,394 |
| TOTAL FUNDS | 12,452 | 1,942 | 14,394 |
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 197,981 197,981 |
Rescources expended £ 196,039 |
Movement in funds £ 1,942 |
|---|---|---|---|
| 196,039 | 1,942 |
Page 7
TOMCHEI CHOLIM TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 October 2021
| INCOMING RESOURCES Voluntary Income Donation: Jrs Grant Total incoming resources RESOURCES EXPENDED Costs of generating voluntary income Medical & supplementary goods Toys for children in Hospital Transport Staff Cost Food and drinks Gifts & donations Fundraising cost Repairs and renewals Charitable activities Office expenses Heat & Light Rent Cleaning Telephone Printing,postage and stationery Depreciation of tangible fixed assets Governance costs Accountancy Professional fees Bank charges & Interest expenses Total resources expended NET INCOME FOR THE YEAR |
2021 £ 194,897 3,084 197,981 53,411 817 41,449 89,388 648 185,713 430 3,000 3,680 1,021 1,325 9,456 600 270 870 196,039 1,942 |
2020 £ 208,916 208,916 10,092 124 618 33,580 148,865 2,513 520 915 |
|---|---|---|
| 197,227 528 1,761 2,591 1,145 43 1,627 |
||
| 7,695 576 61 |
||
| 637 205,559 |
||
| 3,357 |
This page does not form part of the financial statment
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