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2024-03-31-accounts

REGISTERED REGISTERED CHARITY CHARITY NUMBER: NUMBER: 1096774 1096774

RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

REPORT REPORT OF OF THE THE[TRUSTEES] TRUSTEES AND AND FINANCIAL STATEMENTS FINANCIAL STATEMENTS FOR FOR THE YEAR THE YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

Atkinsons Atkinsons Bloom[Bloom] Mayer Mayer Cobalt Cobalt Business Business Exchange Exchange Cobalt Cobalt Park Park Way Way Wallsend Wallsend NE28 NE28 9NZ[9NZ]

RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

LEGAL LEGAL AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS AT AT 31 31 MARCH MARCH 2024 2024

Trustees Trustees

Mr Mr[Simcha] Simcha Kohn[Kohn] Mr Mr Andrew Andrew Oppenheimer Oppenheimer Mr Mr Abraham[Abraham] Weiniger[Weiniger]

Other Other[Officers] Officers

Administrator Administrator Rabbi Rabbi Joseph Joseph Galandauer Galandauer

Address Address

16 16 Hartington Hartington Street Street Gateshead Gateshead Tyne Tyne and and Wear Wear NE8 4EN NE8 4EN

Legal Legal Status Status

The The charity charity was was[established] established by by constitution constitution dated dated 28th 28th November November 2002 2002 and and is is registered registered with with the the[Charities] Charities Commission Commission — — Registration Registration Number Number 1096774. 1096774.

Independent Independent Examiner Examiner

Atkinsons Atkinsons Bloom Bloom Mayer Mayer Cobalt Cobalt Business Business Exchange[Exchange] Cobalt Cobalt[Park] Park Way Way Wallsend Wallsend Newcastle-upon-Tyne Newcastle-upon-Tyne NE28 NE28 9NZ[9NZ]

Bankers Bankers

Barclays Barclays Bank Bank PLC PLC

High High Street Street Gateshead Gateshead

Tyne Tyne & & Wear Wear NE8 NE8 1BX IBX

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RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

TRUSTEES’ TRUSTEES' REPORT REPORT FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

The Trustees The Trustees present their present their report report together together with with the the financial financial statements statements for for the the year year ended ended

31 31 March March 2024. 2024.

The The financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the accounting accounting policies policies set set out out in in note note 1[1] to to the the financial financial statements statements and and comply comply with with the the charity's charity's Trust Trust Deed, Deed, the the Charities[Charities] Act Act 2011 2011 and and the the Statement Statement of of Recommended Recommended Practice Practice "Accounting "Accounting and and Reporting Reporting[by] by Charities" Charities" issued issued in in March March 2005 2005 (SORP2005).[(SORP2005).]

REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS Reference Reference and and administrative administrative details details are are shown shown in in the the schedule schedule of[of] trustees trustees and and professional professional advisers[advisers] on on page page 1[1] of[of] the[ the][financial] financial statements. statements.

STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT

Governing Governing Document Document The The charity[charity] is is governed governed by by a a trust trust deed deed dated dated 28 28 November November 2002, 2002, in in which which its its objects objects are are set set out. out.

Management Management Structure Structure The The trustees trustees who who served served throughout throughout the the year year were: were: Mr Mr[Simcha] Simcha[Kohn] Kohn

Mr Mr Andrew[Andrew][Oppenheimer] Oppenheimer

Mr Mr Abraham[Abraham] Weiniger[Weiniger]

There There is is no no chief chief executive executive officer officer employed employed in in the the charity. charity. The The day day to to day day affairs affairs are are undertaken undertaken by by the the administrator administrator Rabbi Rabbi Joseph Joseph Galandauer. The Galandauer. The trustees trustees supervise supervise the the[activities] activities of[of] the the administrator administrator and and ensure ensure the the efficient efficient and and proper proper conduct conduct of of the the[trust.] trust. The The administrator administrator receives[receives] no no remuneration. remuneration.

Risk Risk Review Review

The The trustees trustees have have assessed assessed the the major major risks risks to to which which the the charity[charity] is is exposed, exposed, and and are are satisfied satisfied that that systems systems are are in in[place] place to[to] mitigate[mitigate] exposure exposure[to] to the the major major[risks.] risks.

Objectives Objectives and and activities activities The The charity's charity's objects objects are are the the advancement advancement of of Orthodox Orthodox Jewish Jewish education, education, the the advancement advancement of of the the Orthodox Orthodox Jewish Jewish religion religion and and the the relief relief of of the the poor, poor, the the feeble feeble and and the the[infirm] infirm amongst amongst members members of[of] the the Jewish Jewish faith. faith.

The The charity charity disburses[disburses] grants grants and and stipends stipends with with the the above above objects. objects.[Such] Such disbursements disbursements made made during during the the year year are are as as detailed detailed in in the the accounts. accounts.

The The[fund] fund raising raising activities[activities][have] have continued continued throughout throughout the the year year[to] to[enable] enable the the charity[charity] to[to] meet meet its[its] objectives. objectives.

The The Trustees Trustees have have considered considered the the guidance guidance from from the the Charity Charity Commission on Commission on public public benefit, benefit, and and in in

particular particular the the specific specific guidance guidance for for charities charities for for the the advancement advancement of of[religion,] religion, and and believe believe that that[these] these activities activities ensure ensure that that the the charity charity complies complies with with this this guidance. guidance.

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RABBI RABBI Z[Z] MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

TRUSTEES’ TRUSTEES' REPORT REPORT[(CONT.)] (CONT.) FOR FOR THE YEAR THE YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE

Results for the Results for the year year In In the the year year ended ended 31 31 March March 2024 2024 the the charity’s charity's Income Income was was E124,265 £124,265 (2023: (2023: E216,163). £216,163). In In keeping keeping with with the the policy policy of of disbursing disbursing at at least least most most of of the the income income to to its its charitable[charitable] activities, activities, disbursements disbursements were were £132,014[E] 132,014 (2023: (2023: E212,046). £212,046). Detailed Detailed information information about about the the nature nature of of these[these] grants grants is is provided provided in in note note 4 4 to to the the financial financial statements. statements. The The charity charity continues continues to to maintain maintain tight tight controls controls over over its its costs costs[whilst] whilst maintaining efficiency maintaining efficiency - - total total nonnongrant grant costs costs being being[2%] 2%[of] of total total expenditure. expenditure. There There were were no no investments investments made made during during the the year. year. The The trustees trustees consider consider the the financial financial performance performance by by the the charity charity during during the the year year to to have have been been satisfactory. satisfactory. Reserves Reserves Policy[Policy] It It is[is] the the policy policy of of the the charity charity to to maintain maintain unrestricted unrestricted funds funds[at] at a a[level] level sufficient sufficient to to cover cover unforeseen unforeseen and and major major expenditure expenditure and and shortfalls shortfalls in[in] income.[income.][The] The trustees trustees[remain] remain[confident] confident of of their[their][ability] ability to[to] raise[raise] the the necessary necessary[funds,] funds, thereby thereby adhering adhering to[to] the the stated stated policy policy and and[to] to the the maintenance maintenance of[of] a a balanced[balanced] budget. budget. .

AIMS AIMS[FOR] FOR THE THE FUTURE FUTURE The The aim aim of[of] the the trustees trustees[is] is to to continue continue the the[activities] activities outlined outlined above, above,[in] in a a similar similar efficient efficient structure,[structure,][in] in order order to to continue continue to to achieve achieve the the charity’s charity's[objects.] objects.

STATEMENT STATEMENT OF OF TRUSTEES' TRUSTEES’[RESPONSIBILITIES] RESPONSIBILITIES Charity Charity law law requires requires the the trustees trustees to to prepare prepare financial financial statements statements for for each each financial financial year year which which give give a a

true true and and fair fair view view of of the the[state] state of of[affairs] affairs of of[the] the[Charity] Charity and and of[of][its] its[financial] financial[activities] activities for[for] that[that] period,[period,]

together together with with its its assets assets and and liabilities liabilities at[at] the the end end of of the the period,[period,] and and adequately[adequately] distinguish[distinguish] any any material[material]

special special trust trust or or other other restricted restricted fund fund of of the the Charity. Charity. In In preparing preparing those those financial financial statements statements the the trustees trustees

are are required required[to:] to: (a) (a) select select suitable suitable accounting accounting policies policies and and then then apply apply them them consistently; consistently; (b) (b) make make judgements judgements and and estimates estimates that that are are reasonable reasonable and and prudent; prudent; (c) (c) state state whether whether the the policies policies adopted adopted are are in in accordance accordance with with the the appropriate appropriate Statements Statements of of

Recommended Recommended Practice Practice on on Accounting Accounting by by Charities Charities and and the the Accounting Accounting Regulations Regulations and and with with applicable applicable Accounting Accounting Standards, Standards, subject subject to to any any material material departures departures[disclosed] disclosed and and explained explained in in the the financial financial statements; statements; and and (d) (d) prepare prepare the the financial financial statements statements on on the the going going concern concern basis basis unless unless it it is is inappropriate inappropriate to to assume assume that that the the Charity will Charity will continue continue in in business. business.

The The trustees trustees are are responsible responsible for for keeping keeping proper proper accounting accounting records records which which[disclose] disclose with with reasonable[reasonable]

accuracy accuracy[at] at any any time[time][the] the financial[financial] position[position] of[of] the[ the] Charity[Charity] and[and] enable[enable][them] them[to] to ensure[ensure][that] that the[ the][financial] financial

statements statements comply comply with with[applicable] applicable Accounting Accounting[Standards] Standards and and Statements Statements of of[Recommended] Recommended Practice[Practice]

and and the the regulations regulations of of the the[Charities] Charities Act Act[2011.] 2011. They They are are[also] also[responsible] responsible[ for] for[safeguarding] safeguarding[the] the[assets] assets of[of]

the the[Charity] Charity and and hence hence for for taking taking reasonable reasonable steps[steps] for for the the prevention prevention and and detection detection of of[fraud] fraud or or[other] other

irregularities. irregularities. Approved Approved by[by] the the trustees[trustees] and[and] signed signed on on[its] its behalf:behalf:-

A A Weiniger Weiniger - - Trustee Trustee Date: Date: 12 12 January January 2025 2025

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INDEPENDENT INDEPENDENT EXAMINER’S[EXAMINER'S] REPORT REPORT TO[TO] THE[THE] TRUSTEES TRUSTEES OF[OF] RABBI[RABBI] Z[Z] MICHAEL MICHAEL MEMORIAL MEMORIAL FUND[FUND] FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

I | report report on on the the Financial Financial Statements Statements of of the the Charity Charity for for the the year year ended ended 31 31 March March 2024 2024 which which are are set set out out on on pages pages[5] 5 to[to] 8.[8.] Respective Respective responsibilities responsibilities[of] of trustees[trustees] and and examiner[examiner]

The The charity's charity's trustees trustees are are[responsible] responsible for for the the preparation preparation of[of] the the accounts. accounts.[The] The charity's charity's[trustees] trustees consider consider

that that an an audit audit is is not not required required for for this this year year (under (under section section 144(2) 144(2) of of the the Charities Charities Act Act 2011 2011 (the (the Act),[Act),] and[and]

that that an an independent independent examination examination is is needed. needed.

Basis Basis[of] of independent independent examiner’s examiner's report report

My My examination examination was was carried carried[out] out[in] in[accordance] accordance[ with] with[the] the General[General][Directions] Directions[given] given by[by] the[the] Charity[Charity] Commissioners. Commissioners.[An] An examination examination[includes] includes[a] a review review of[of] the[the] accounting[accounting][records] records[kept] kept[by] by the[the] charity[charity] and[and] a[a] comparison comparison[of] of the[ the][accounts] accounts presented[presented] with[with] those[those] records.[records.] It[It] also[also] includes[includes] consideration[consideration] of[of] any[ any] unusual[unusual] items items or or disclosures disclosures[in] in the the accounts,[accounts,][and] and seeking seeking explanations explanations[from] from you[you][as] as trustees[trustees] concerning[concerning][ any] any such[such] matters. matters. The The procedures procedures undertaken undertaken do[do] not not provide provide[all] all the the evidence evidence[that] that would[would][be] be[required] required in[in] an[an] audit[audit] and, and, consequently consequently no no opinion opinion is is given given as as to to whether whether the the accounts accounts present present a a['true] ‘true and and fair fair view’[view'][and] and the[the] report report[is] is limited limited to to those those matters matters set set out out in in the the statement statement below. below.

Independent Independent examiner’s examiner's statement statement

MJ MJ[Bloom] Bloom Atkinsons Atkinsons[Bloom] Bloom Mayer Mayer

12 12 January January 2025 2025 -4-4-

RABBI RABBI Z[Z] MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

STATEMENT STATEMENT OF[OF][FINANCIAL] FINANCIAL[ ACTIVITIES] ACTIVITIES FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

----- Start of picture text -----
|||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |eeeee|ee| |2024|2024|2023|2023| |£|£| |Notes|Notes| |INCOMING|INCOMING|RESOURCES|RESOURCES| |Incoming|Incoming|resources from|resources|from|generated|generated|funds|funds| |Voluntary|Voluntary|income|[income]| |Restricted|Restricted|donations|donations|2|2|5,500|5,500|39,942|39,942| |Unrestricted|Unrestricted donations|donations|117,623|117,623|176,221|176,221| |Grants|Grants|[received]|received|1,142|1,142|-| |TOTAL|TOTAL|INCOMING|[INCOMING]|RESOURCES|[RESOURCES]|124,265|124,265|216,163|216,163| |RESOURCES|RESOURCES|EXPENDED|EXPENDED| |Costs|Costs|of|of generating|generating|funds|funds|3|3|1,672|1,672|3,875|3,875| |Charitable|Charitable|activities|activities|4|4|132,014|132,014|212,046|212,046| |Governance|Governance|costs|costs|5|5|756|756|720|720| |TOTAL RESOURCES|TOTAL|[RESOURCES]|EXPENDED|EXPENDED|"134,442|134,442|216,641|216,641| |NET (OUTGOING)|NET|(OUTGOING)|[/]|/ INCOMING|INCOMING|[RESOURCES]|RESOURCES|(10,177)|(10,177)|(478)|(478)| |RECONCILIATION|RECONCILIATION|OF|[OF]|[FUNDS]|FUNDS| |Fund|Fund|balances|balances|brought|brought|forward|forward|at|[at]|[1]|1 April|April|2022|[2022]|35,235|35,235|35,713|35,713| |FUND|FUND|BALANCES|BALANCES|CARRIED|CARRIED FORWARD|FORWARD AT|AT|31|[31]|MARCH|MARCH|2023|[2023]|25,058|25,058|35,235|35,235|

----- End of picture text -----

The The notes notes on on pages pages 7[7] to to[8] 8 form form part part of[of] these[these] financial[financial][statements] statements

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RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

BALANCE BALANCE[SHEET] SHEET AT AT 31[31] MARCH MARCH[2024] 2024

2024
2024
2023
2023
£ £
Notes
Notes
FIXED ASSETS
FIXED ASSETS
6
6
202
202
268
268
CURRENT ASSETS
CURRENT ASSETS
Debtors
Debtors
- -
Cash at bank and in hand
Cash at bank and in hand
25,612
25,612
35,687
35,687
25,612
25,612
35,687
35,687
CREDITORS
CREDITORS
Amountsfalling due within one year
Amounts falling due within one year
7
7
(756)
(756)
(720)
(720)
NET CURRENTASSETS
NETCURRENT ASSETS
24,856
24,856
34,967
34,967
TOTAL NET ASSETS
TOTAL NETASSETS
25,058
25,058
35,235
35,235
FUNDS
FUNDS
Unrestricted Funds
UnrestrictedFunds
25,058
25,058
35,235
35,235

These These financial[financial] statements statements were were approved approved by by the[ the] trustees trustees on on[9] 9 November November[2023] 2023

and and are are signed signed on on[their] their behalf[behalf][by:] by:

A A Weiniger Weiniger Trustee Trustee

The The notes notes on on pages pages 7 7 to to 8[8] form form part part[of] of these these[financial] financial statements statements

“6+ -6-

RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

    1. Accounting Accounting Policies Policies The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention convention and and in in accordance accordance with with applicable applicable United United Kingdom Kingdom accounting accounting standards, standards, the the Statement Statement of of Recommended Recommended Practice Practice "Accounting "Accounting and and Reporting Reporting by[by] Charities" Charities" issued[issued][in] in March March[2005] 2005 (SORP2005)[(SORP2005)] and and[the] the Charities[Charities] Act Act[2011.] 2011.

a) a) Incoming Incoming Resources Resources Gifts Gifts and and donations donations[to] to the the charity charity are are recognized recognized as as income income at[at] the the date date of of receipt. receipt. Income Income[tax] tax recoverable recoverable on on gift-aided gift-aided donations donations is[is] recognized recognized as as receivable receivable at at the the date date of of receipt receipt of of the the original original gift gift or or donation. donation.

c) c) Fund Fund Accounting Accounting Unrestricted Unrestricted funds funds are are available available for for use use[at] at the the discretion discretion of of the[the] Trustees Trustees[in] in furtherance furtherance of[of] the the general general objectives objectives[of] of the the Charity. Charity.

2024
2024
2023
2023
£ £
2.
2.
Restricted donations
Restricted donations
Campaign for Special Needs Children's program
Campaign for Special Needs Children’s program
Donations
Donations
£ - E39,942
£39,942
Campaign costs
Campaign costs
E - E 3392
£ 3,392
Grants disbursed (see note 4)
Grants disbursed (see note 4)
£ - E36 550
£36,550
For Needy Families
For Needy Families
f 5 500
£5,500
£-
This was disbursed during the year (see note 4)
This was disbursed during the year (see note 4)
3.
3.
Costsofgeneratingfunds
Costs ofgeneratingfunds
Fundraising Expenses including Campaign costs
Fundraising Expenses including Campaign costs
E 1 672
£1,672
E 3 935
£ 3,935

a

RABBI RABBI[Z] Z MICHAEL MICHAEL MEMORIAL MEMORIAL FUND FUND

NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2024 2024

2024
2024
2023
2023
£ £
4.
4.
Charitable activities
Charitable activities
Grant Funding from unrestricted funds
Grant Funding from unrestricted funds
Grants for medical needs
Grants for medical needs
1,275
1,275
1,000
1,000
Grants for the upkeep of Synagogues
Grants for the upkeep ofSynagogues
1,000
1,000
2,260
2,260
Grants to Educational Institutions
Grants to Educational Institutions
4,550
4,550
16,995
16,995
Grants for the needy in Israel
Grants for the needy in Israel
20,057
20,057
30,994
30,994
Grants for the needy in the UK
Grants for the needy in the UK
98,576
98,576
120,766
120,766
125,458
125,458
172,015
172,015
Grant Funding from restricted funds
Grant Fundingfrom restricted funds
Grants for Special Needs Children's program (note 2)
Grants for Special Needs Children's program (note 2)
- 36,550
36,550
Grants for Needy Families
Grants for Needy Families
5,500
5,500
-
Support Costs
Support Costs
1,056
1,056
3,481
3,481
132,014
132,014
212,046
212,046
5.
5.
Governance costs
Governance costs
Accounting fee for independent examination
Accounting fee for independent examination
756
756
720
720
6.
6.
Fixed Assets
Fixed Assets
Office& Computer Equipment
Office
& Computer Equipment
Cost
Cost
306
306
306
306
Less: Depreciation
Less: Depreciation
(66)
(66)
(38)
(38)
Net BookValue
Net Book Value
240
240
268
268
7.
7.
Creditors
Creditors
Accruals
Accruals
756
756
720
720
Other creditors
Other creditors
- -
756
756
720
720
    1. Trustees Trustees remuneration remuneration and and expenses expenses

The The trustees trustees received received no no remuneration remuneration or or reimbursement reimbursement of of expenses expenses during during the the year. year.

-83).