## **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<br>INCOMING RESOURCES<br>Incoming resources from generated funds<br>Voluntary Income<br>Grants<br>RESOURCES EXPENDED<br>Cost of generating funds<br>Cost of generating voluntary income<br>Charitable activities<br>Administrative Expenditure<br>Governance costs<br>Total resources expended<br>NET INCOMING/(OUTGOING)<br>RESOURCES<br>RECONCILIATION OF FUNDS<br>Total funds brought forward<br>TOTAL FUNDS CARRIED FORWARD|2021<br>£<br>194,897<br>3,084|2020<br>£<br>208,916|
|---|---|---|
||197,981<br>185,713<br>9,456<br>870<br>196,039<br>1,942<br>12,452<br>14,394|208,916<br>197,227<br>7,695<br>637|
|||205,559<br>3,357<br>9,095|
|||12,452|



The Notes form part of the financial statements 

Page 4 



## TOMCHEI CHOLIM TRUST 

|2021<br>Notes<br>£<br>£<br>FIXED ASSETS<br>Tangible assets<br>3<br>6,440<br>6,440<br>CURRENT ASSETS:<br>Cash at bank and in hand<br>8,554<br>8,554<br>CREDITORS: amounts falling<br>due within one year<br>4<br>-600<br>Net Current assets/(liabilities)<br>7,954<br>NET CURRENT ASSETS:<br>14,394<br>FUNDS<br>5<br>Unrestricted funds<br>14,394<br>TOTAL FUNDS<br>14,394<br>BALANCE SHEET<br>31-Oct-21|2021<br>Notes<br>£<br>£<br>FIXED ASSETS<br>Tangible assets<br>3<br>6,440<br>6,440<br>CURRENT ASSETS:<br>Cash at bank and in hand<br>8,554<br>8,554<br>CREDITORS: amounts falling<br>due within one year<br>4<br>-600<br>Net Current assets/(liabilities)<br>7,954<br>NET CURRENT ASSETS:<br>14,394<br>FUNDS<br>5<br>Unrestricted funds<br>14,394<br>TOTAL FUNDS<br>14,394<br>BALANCE SHEET<br>31-Oct-21|2021<br>Notes<br>£<br>£<br>FIXED ASSETS<br>Tangible assets<br>3<br>6,440<br>6,440<br>CURRENT ASSETS:<br>Cash at bank and in hand<br>8,554<br>8,554<br>CREDITORS: amounts falling<br>due within one year<br>4<br>-600<br>Net Current assets/(liabilities)<br>7,954<br>NET CURRENT ASSETS:<br>14,394<br>FUNDS<br>5<br>Unrestricted funds<br>14,394<br>TOTAL FUNDS<br>14,394<br>BALANCE SHEET<br>31-Oct-21|2020<br>£<br>£<br>7,766<br>7,766<br>5,262<br>5,262<br>-576<br>4,686<br>12,452<br>12,452<br>12,452|2020<br>£<br>£<br>7,766<br>7,766<br>5,262<br>5,262<br>-576<br>4,686<br>12,452<br>12,452<br>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<br>TANGIBLE FIXED ASSETS<br>COST<br>At 1 November 2020<br>Additions<br>Disposals<br>At 31 October 2021<br>DEPRECIATION<br>At 1 November 2020<br>Charge for the year<br>At 31 October 2021<br>NET BOOK VALUE<br>At 31 October 2021<br>At 31 October 2020<br>4<br>CREDITORS: AMOUNTS FALLING<br>DUE WITHIN ONE YEAR<br>Other Creditors<br>5<br>MOVEMENTS IN FUNDS|3<br>TANGIBLE FIXED ASSETS<br>COST<br>At 1 November 2020<br>Additions<br>Disposals<br>At 31 October 2021<br>DEPRECIATION<br>At 1 November 2020<br>Charge for the year<br>At 31 October 2021<br>NET BOOK VALUE<br>At 31 October 2021<br>At 31 October 2020<br>4<br>CREDITORS: AMOUNTS FALLING<br>DUE WITHIN ONE YEAR<br>Other Creditors<br>5<br>MOVEMENTS IN FUNDS|Fixture and<br>fittings<br>Motor Vehicle<br>£<br>£<br>32,713<br>37,150|Fixture and<br>fittings<br>Motor Vehicle<br>£<br>£<br>32,713<br>37,150|Computer<br>equipments<br>£<br>2,007|Totals<br>£<br>71,870<br>0<br>0|
|---|---|---|---|---|---|
|||32,713<br>37,150<br>26,437<br>35,802<br>941<br>337||2,007<br>1,866<br>47|71,870<br>64,105<br>1,325|
|||27,378<br>36,139<br>5,335<br>1,011||1,913<br>94|65,430<br>6,440|
|||6,276<br>1,348||141|7,765|
|||||||
||Other Creditors<br>MOVEMENTS IN FUNDS|||2021<br>£<br>600|2020<br>£<br>576|
|||||600|576|
|||||||
||Unrestricted funds<br>General fund<br>TOTAL FUNDS||At 1.11.20<br>£<br>12,452<br>12,452|Net movement<br>in funds<br>£<br>1,942|At 31.10.21<br>£<br>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<br>General fund<br>TOTAL FUNDS|Incoming<br>resources<br>£<br>197,981<br>197,981|Rescources<br>expended<br>£<br>196,039|Movement in<br>funds<br>£<br>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<br>Voluntary Income<br>Donation:<br>Jrs Grant<br>Total incoming resources<br>RESOURCES EXPENDED<br>Costs of generating voluntary income<br>Medical & supplementary goods<br>Toys for children in Hospital<br>Transport<br>Staff Cost<br>Food and drinks<br>Gifts & donations<br>Fundraising cost<br>Repairs and renewals<br>Charitable activities<br>Office expenses<br>Heat & Light<br>Rent<br>Cleaning<br>Telephone<br>Printing,postage and stationery<br>Depreciation of tangible fixed assets<br>Governance costs<br>Accountancy<br>Professional fees<br>Bank charges & Interest expenses<br>Total resources expended<br>NET INCOME FOR THE YEAR|2021<br>£<br>194,897<br>3,084<br>197,981<br>53,411<br>817<br>41,449<br>89,388<br>648<br>185,713<br>430<br>3,000<br>3,680<br>1,021<br>1,325<br>9,456<br>600<br>270<br>870<br>196,039<br>1,942|2020<br>£<br>208,916<br>208,916<br>10,092<br>124<br>618<br>33,580<br>148,865<br>2,513<br>520<br>915|
|---|---|---|
|||197,227<br>528<br>1,761<br>2,591<br>1,145<br>43<br>1,627|
|||7,695<br>576<br>61|
|||637<br>205,559|
|||3,357|



This page does not form part of the financial statment 

Page 8