**REGISTERED CHARITY NUMBER: 1096348** ## **Report of the Trustees and** ## **Unaudited Financial Statements** **for the Period 1 November 2023 to 31 December 2024** ## **for** ## **TOMCHEI CHOLIM TRUST** London Accounting Group Ltd 5 North End Road London NW11 7RJ **TOMCHEI CHOLIM TRUST** **Contents of the Financial Statements for the Period 1 November 2023 to 31 December 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|9| **TOMCHEI CHOLIM TRUST** ## **Report of the Trustees for the Period 1 November 2023 to 31 December 2024** The trustees present their report with the financial statements of the charity for the period 1 November 2023 to 31 December 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019). ## **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 4th 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. ## **Public benefit** The trustees confirm their compliance with the duty to have regard to the Public Benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives in planning future activities. ## **ACHIEVEMENT AND PERFORMANCE** ## **Internal and external factors** The trustees have made a full assessment of the internal and external factors that may affect these financial statements and do not deem any factors material enough to have an impact. ## **FUTURE PLANS** We hope to get more donations and some grants in order to be able to help more people. ## **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 identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures manage any perceived risks. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1096348 ## **Principal address** 83 Lordship Road London N16 0QY ## **Trustees** MORDECHAI FREUND DAVID SE KLEIN ZALMAN BLIER ## **Independent Examiner** London Accounting Group Ltd 5 North End Road London NW11 7RJ Page 1 **TOMCHEI CHOLIM TRUST** ## **Report of the Trustees** ## **for the Period 1 November 2023 to 31 December 2024** Approved by order of the board of trustees on ............................................. and signed on its behalf by: ........................................................................ Trustee Page 2 ## **Independent Examiner's Report to the Trustees of TOMCHEI CHOLIM TRUST** ## **Independent examiner's report to the trustees of TOMCHEI CHOLIM TRUST** I report to the charity trustees on my examination of the accounts of TOMCHEI CHOLIM TRUST (the Trust) for the period 1 November 2023 to 31 December 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached. Samuel Feigenblatt ACCA London Accounting Group Ltd 5 North End Road London NW11 7RJ Date: ............................................. Page 3 ## **TOMCHEI CHOLIM TRUST** ## **Statement of Financial Activities for the Period 1 November 2023 to 31 December 2024** |||Period|| |---|---|---|---| |||1/11/23|| |||to|Year Ended| |||31/12/24|31/10/23| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||154,011|197,832| |**EXPENDITURE ON**|||| |Raising funds||146,463|169,629| |**Charitable activities**|||| |Charitable activities||9,228|30,061| |Other||1,822|1,030| |**Total**||157,513|200,720| |**NET INCOME/(EXPENDITURE)**||(3,502)|(2,888)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||5,539|8,427| |**TOTAL FUNDS CARRIED FORWARD**||2,037|5,539| The notes form part of these financial statements Page 4 ## **TOMCHEI CHOLIM TRUST** ## **Balance Sheet 31 December 2024** |||31.12.24|31.10.23| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|5|3,731|4,465| |**CURRENT ASSETS**|||| |Cash at bank and in hand||236|1,894| |**CREDITORS**|||| |Amounts falling due within one year|6|(1,930)|(820)| |**NET CURRENT ASSETS**||(1,694)|1,074| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||2,037|5,539| |**NET ASSETS**||2,037|5,539| |**FUNDS**|7||| |Unrestricted funds||2,037|5,539| |**TOTAL FUNDS**||2,037|5,539| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Trustee The notes form part of these financial statements Page 5 **TOMCHEI CHOLIM TRUST** **Notes to the Financial Statements for the Period 1 November 2023 to 31 December 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals 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 consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **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 were no trustees' remuneration or other benefits for the period ended 31 December 2024 nor for the year ended 31 October 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 31 December 2024 nor for the year ended 31 October 2023. Page 6 continued... ## **TOMCHEI CHOLIM TRUST** ## **Notes to the Financial Statements - continued** **for the Period 1 November 2023 to 31 December 2024** ## **3. STAFF COSTS** The average monthly number of employees during the period was as follows: |||Period|| |---|---|---|---| |||1/11/23|| |||to|Year Ended| |||31/12/24|31/10/23| ||Admin staff|1|1| ||No employees received emoluments in excess of £60,000.||| |**4.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||| ||||Unrestricted| ||||fund| ||||£| ||**INCOME AND ENDOWMENTS FROM**||| ||Donations and legacies||197,832| ||**EXPENDITURE ON**||| ||Raising funds||169,629| ||**Charitable activities**||| ||Charitable activities||30,061| ||Other||1,030| ||**Total**||200,720| ||**NET INCOME/(EXPENDITURE)**||(2,888)| ||**RECONCILIATION OF FUNDS**||| ||Total funds brought forward||8,427| ||**TOTAL FUNDS CARRIED FORWARD**||5,539| continued... Page 7 **TOMCHEI CHOLIM TRUST** ## **Notes to the Financial Statements - continued for the Period 1 November 2023 to 31 December 2024** ## **5. TANGIBLE FIXED ASSETS** |Fixtures
and
Motor
fittings
vehicles
£
£
**COST**
At 1 November 2023 and 31 December 2024
32,713
37,150
**DEPRECIATION**
At 1 November 2023
28,858
36,582
Charge for year
578
142
At 31 December 2024
29,436
36,724
**NET BOOK VALUE**
At 31 December 2024
3,277
426
At 31 October 2023
3,855
568
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**7.**
**MOVEMENT IN FUNDS**
At
1/11/23
£
**Unrestricted funds**
General fund
5,539
**TOTAL FUNDS**
5,539
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
154,011
**TOTAL FUNDS**
154,011|Computer
equipment
Totals
£
£
2,007
71,870
1,965
67,405
14
734
1,979
68,139
28
3,731
42
4,465
31.12.24
31.10.23
£
£
1,930
820
Net
movement
At
in funds
31/12/24
£
£
(3,502)
2,037
(3,502)
2,037
Resources
Movement
expended
in funds
£
£
(157,513)
(3,502)
(157,513)
(3,502)| |---|---| continued... Page 8 ## **TOMCHEI CHOLIM TRUST** **Notes to the Financial Statements - continued for the Period 1 November 2023 to 31 December 2024** ## **7. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At
1/11/22
£
**Unrestricted funds**
General fund
8,427
**TOTAL FUNDS**
8,427
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
197,832
**TOTAL FUNDS**
197,832|Net
movement
At
in funds
31/10/23
£
£
(2,888)
5,539
(2,888)
5,539
Resources
Movement
expended
in funds
£
£
(200,720)
(2,888)
(200,720)
(2,888)| |---|---| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31 December 2024. Page 9