Charlfy Rogl$tration No. 111XIIOS TOVA CHAIM CHARITABLE FOUNDATION TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
TOVA CHAIM CHARITABLE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION TrustMs Mrs. R Hamburger Mr. C l Hamburgèr Mr8. G B H Assor r. D S Hamburger Charlty numb 1100105 Prln¢lp*l addM¥S Apartmént 2 Arwkee 70 Upper Park Road Saffortl M74JA Accountants Jack Ro58 Chartered Aci>xnlants Barnfiekj Hwse The Approa¢h Manchester M3 7BX Bank•r# Barclays Bank plc 1 Chur¢hlll Place London E14 5HP UK
TOVA CHAIM CHARITABLE FOUNDATION CONTENTS Page Tru8te88' report Independent examinerfs report Statement of financlai a¢tfvilios Balance sheet Note8 to the accounts
TOVA CHAIM CHARITABLE FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2024 Thg Iwstges prn1 thoir report and accounts for the year ended 5 Aprfl 2024. The 8¢counts of Tova Chalm Charitable Foundation lrègis1r8fi number 11001051 havè bèèn prepared in a¢¢LYdancg wilh the accounting polroes set out in note 1 to the accounts and comply wth thg Charllles Acl 2011 and A¢nting and ReportiThJ by Charili&s'. StatèmÈnl of Recommended Practlce appll¢able to charities preparfng their accounts In a¢cortlance with the Financial Rewffjng Stsndard applicable in the UK and Republ of Ireland published in Octob8r2019. Struciur•. gov•rnane• ¥nd management The charity was establLshed by 8 ¢haritab trust ¢Jeed. Th• trusttss who served dumg the yr wore.. . H E Hamburge¥ Mrs. R Hamburger Mr. C l H8mburgef Mrs. G B H Assor Mr. D S Hamburggr (DOC•d 3 Mareh 2024} Th¢ gxi$ting Trustees are responslblg for the re¢ruitm$nl of new TnJsts6s. New Ttusloes 8r& appolnted by a resoluiK•n of the Trustees possed at a sp$uo1 meeth'ng. The charfty Trustees arè rasponslble fc¢ the general control and managem¢nl of the tharily. The Trust88s glve theirlim8 frealy and rg¢eNe no Temuneration or Other financAal bfjfit. The Trustses have a6se6sed the mar r&ks to whl¢h lh8 charity is exposed, are salsfiéd that systems ar• In place to milvJate exposure to th8 major wi8ks. The Board of TnJst98s r8co9nisas tts utbmate re8pon3ibilty lor risk mana9gmonL The Trustees nsIdr 811 sub$lantial risks and where appropriotè will impkrnenl to mS1igats th989 risks. ObJ•ctlv•s and act5vlths The objed of Ihe Charity is to 501 lo rofloct our falth and ¢ommunity alms, vthereby ea¢h year the tru¥tseB review the oblectrves and activities of the Choriiy to ensurè Ilconllnue$ to reflectlhese aims. In carrwng g?neral guidane ¢)n public benefft and In parttcular IY$ supplemgntary public guidance on the advoncemenl on raliglon for the pubuc benefrt. Thg CharfV$ alm Is to conlinug lo support faclities for the ts8chirwJ arnj understandin9 of the Jvthsh f8iih throughotrt thè country and yupport of communal waKam instttubons d&Icated to the provl$lon of $ocl81 servlces to care for the eldedy. the slck and for thelr dependanls. The tmstees have paid due ward to guidance i55ued by Charity Commission in deciding what a¢bvities th? charlty should undèrtakg. The tharity gives grants to suitable causes. tts fuThJralsing irtcorne LX)mes via the TnJst8e$. Achlevemfrnts and wrfomian Thè trust has achièv8d its ¢bigctive8 by donating to organtsalions that promote the teaching and undwstanding of Ihe Jew$h faltr and to communal weffare institutbns.
TOVA CHAIM CHARITABLE FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Flnanclal rwl•w The lund has income in excess of expenditure of £89.313 this y&81. Thè trnst88s arg sats"sfi8d Ihat tho funds of £941.830 are sufficient for Ih8 Charliy to meot its ongoing d8y to day 0xnlIr¥. The tharlty made unreallsed g81ns 01£79,620 and rnali8td gains of £1,205 in the year. Th8 trustees endeavour to hold Ihe bare miNnwm of reserves necessary for the day to d8y running of Ihg Irusl. On occasKJns. reseNes do accumulate but thi$ is down to 8 Umlng dOftwen¢tt In rece(vlng donaUony and maklng Charitab dlslribullons and. In pner81. Iho trustees attempt lo distribute rtualty all of the donattons they receive. Income tax r8coverabl8 in ration to donations rncolvod Lrndar Grft or dogd$ of ¢ov•nanl is recognised at the tlme of the donatlon. Mr. D S H•mburg•r Tru$t&g Dated: 11 OeGember 2024
TOVA CHAIM CHARITABLE FOUNDATION INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2024 I rèptsrt on th& accounts forthè yr end8d 5th Aprfl 2024, whlc* arè s81 out on pao86 4 to 9. RESPECTNE RESPONSIBILITIE8 OF TRUSTEES AND EXAMINER Th$ Cha5 trust99$ aro respon$lbfg forth• preparatton oftho acunts. The charity's Irustegs consldor that an aud 18 not required forthis year undersection 144121 ofthe CharitSes Act2011 (Ihe charits Act'}oThJ that an independent examination18 needed. It is my responslblllty to.. wAamine thg accounts under section 145 of the 2011 Art follow the pr(xedures ld down in V)$ general Dlr¥¢tlons glvgn by fv Charlty ConNl$S1on undgr section 14515Xbl of the Chabe$ Act,. #nd state whelher partIcT matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S REPORT My examlnatlon was carrfed out In accordance wth Ihe General Directions given by thg Charity Commi35ionw3. An examinatbn includes a review of the accounting recr5 kept by the charity and a comparison of the arunt$ presented with those rec4yds kept ty the charity and a comparison of the accounts presented wth those records. It 81s0 includes considerath)n of any unusual i18ms or di5dosures in the accounts. and seeking explanations from you a$ Irustges concerning any such matters. The procedsjres undertaken do not prowde all the ewdence that would be r•quired in an audlt. and consequenlly no opinion is given as to whether the accounts present a 'true and farf view and thg rpport is limTtèd to thosè matt8rs s•t out Fn lh• stat•mènt t•low. INDEPENDENT EXAMINER'S STATEMENT In ¢onngetion with my examinatKn, no matter has coTh to my attention." (1) whlch glves ma rnasonabk cause to beli8ve that in any material respect the requlrements to keep accountg iècorts in aceordance wilh tion 130 of th8 Cha8$ ACL anrj to prepare acojunts which accord wrfh the accounting records and to comply wlh the accounting qulrements of the Charities Act h not bèan mrt or 121 lo which, in my opinn. attenlion should be drawn in ordgr to gnable • prtIr undgrslandiThJ of thg arKoLmts lo be re8thèd. Falsal Mustafa ACCA for and on bohall of Ja¢k Ross Llmlt•d Bamfield House Thg Approach M8ncheg19r M3 7BX 11 Docember 2024
TOVA CHAIM CHARITABLE FOUNDATION STATEMENT OF FINANCIAL ACTivrfiES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unrnstrlct•d Unrnstriet•d G•Mral Inv•$tm•nt Purposg Rovaluatlon Incomo lund Fund Total 2024 2023 Mots¥ Inoomln resour¢•$ from Donations recefved Investment Income ner8ted funds 861 31.157 861 110.777 500 {14,8D5) 79,620 Tot•1 Incomlng r•sourc•s 31018 79,620 111.638 114.305> 4andS Charitable Ktl¥lties Donations 18.394 18.394 33.067 Govarnanco eoslg 3,931 3.931 3,772 Total r•sourc•s •xpend•d 21325 22.325 36.839 Net IncOm(*xPendltUrn) forth• yur 9.693 79,620 89.313 151,144) Ntt trantstsro b•twe•n fund in the year Net mov•m•nt In funds 9,693 79,620 89,313 (51.144) Funo balan¢•s at 6 Awl 2023 761A18 852,517 903,661 Fund balanc•8 at S Aprll 2024 771.511 170,319 941.830 852,517
TOVA CHAIM CHARrrABLE FOUNDATION BALANCE SHEET AS A T 5APRIL 2024 2024 2023 Notes Flx•d ass•ts Investments 878,822 797.606 Curr•nt assèts Cash al bank and in hand D•btors 61,508 1,500 53,351 10 N•t eurr•nt ass•ts 63.IJ08 54.851 Total assets hss curr•nt IlabllFtI•s 941.830 852.517 In¢om• funds Unrè$tri¢t8d funds: Inv&stmènt R&vBlualion Fd General Purpose Income Furbd 170,319 771,511 90,699 761,818 941,830 852,517 The aonIS W by the Trustees on 11th D8c8mber 2024. Mr. D S Hamburgèr Trust••
TOVA CHAIM CHARITABLE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024 Accountlng pDll¢l• 1.1 Basls of prnparatlon The Tova Chaim charitab Tw8t 1$ a ch8Titsble IN8t con¥lituted in Eng18n(l an(1 Wal¥$. Tho 8ddr988 ol the rggisteied office given in the chartty informalion at the front of these financial statements. The nature of the djariS 0paratnS and principal actwities aredetailed in theTrustee's Report on pages 110 2 of these financial taterngnts. Thg ¢hartty constibjtes a public benefrt entity as defined ty FRS 102. Th8 financ4al ststements have been praparèd In accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice 8ppIic8blè to charftSes preparing th8ir accounts in accordanco with the FinancAal Reporting Standard applica9 in the UK and Republic ol Ireland Issued In (Ictober 2019, the FInan¢1 Reportlng Slandar(I applicable in the United Kingdom and Republ of Ireland IFRS 1021, the Charities Act 2011 and UK Generally Accepted Pracllce. The charity does It in¢lud& a cash ffow Statement on the grounds Ihat h Is apptylng FRS 102 Se¢Uon 1A. The financlal slaternents have treen prepared lo gfve a 'true falrf vlew and have dop#rted from the Charities (Accounts and Rerts) Regulations 2008 only to the extent required lo provide a 'lrue and fair vi#vl. This dèparturè has involved following the Accounting and Reporting by Charities.. Statement of Recommèndéd Praetlee appllcable to charilies prep8rfng thelr accounts In accordanee with the Finanelal Reporting Standard appllcable In tho UK and Republlc of Ireland l$$ugd In October 2019 rathor Ihan the Accounting and Reporting by Ch8ri1i¢s.' Stslernenl of Recommended Pro¢ti¢¢ offective from 1 April 2005 whlch has since been wthdrawn. Thè financial stmtemgnts are prepared on a going GOnM basis under the historical cost convention. The finanaal Ststements are prfjsenj in sterling whKh Is tho fun¢tkJnal currgn¢y of Ihg charity and roundod to the nearest £. The significant accountK)g wiliuo$ 8pplf•d in Ihtr prep8r8tion ofth880 finan¢181 st8t8m•nts are sot out betow. These pollcles have been consistenY appld lo all years presenle(l unless olherwse slated. 1A Incomlng r•sDurc•s These are included in thg Ststsmtnt of Financial Actit[•S ISOFAI th•n: - the charity b8tt)mo8 •ntllJed to the $oUrCeS. - Ihe trnstees are virtually certain they wll re¢oivg the resour¢ss and - the monetary value can be me&8ured with 8uffic4ent reliability. Grants and donations ar? only Indudad in thé SOFA vthèn th8 charfty h8s unconditional ènJtl8m¢nt to the Where In¢oming resources have related expenditure (as wrth )lJndr8ising or contract income) th8 incomirvJ rosour¢&$ and related exndItUre are reported gross in th8 SOFA. Incomlng resou9 from tax Teclairrts are includefj in the SOFA al the same time as the gift to wNch Ihey relate. Gifts in kind are acc¢)unt•d for at a rnasonabl• •slimat• of th•ir Val to th• charity or th8 am¢)unt octually realised. Gifts in klnd for salo or distribulion are included in the accounts as gh18 onty when sold or di3trtbul•d by the chority. Grfis in kind for use by charity are In¢lLKled In Ihe SOFA as Incomlng resourwts wivable.
TOVA CHAIM CHARITABLE FOUNDATION NOTES TO THE ACCOUNTS (COKTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Accountlng pollcF•s 1.3 Rosourc•s 0xnd$d Charitsble expenditure D)mprts8s thos• costs Incurred by thè charfty in thg do19ry 01 ts a¢tivtbes and seNces for its benefficiaries. It itleS the dke¢t pay and non*ay costs and $w)p)rt costs relating to those a¢tivtbgS. Governance costs include those costs associatsd vAih rrtIng th• eonsUtullon81 stslutory requirements of the charity and administrative office funcuons. 1A InVonts Fd assgt inveskn¢nts ar¢ Stat at market value. Donatlons rec•lved 2024 2023 Donations and 9ift8 861 Inv•stm•nl Incom• Unr•strieled Unre$tricted G•neral Investment Purpos• R•valuatlon Income Fund Fund Total Total 2024 2023 IncoTh from list investrnents Rèalised gains Unreallsed 98in8 lerest rec8Nable Share of net rental pmpety Income $urplu$ 15.769 1,205 15,769 1,2Q5 79,620 2.322 11.861 13.921 303 143,39SI 1.441 12.925 79,620 2.322 11,861 31,157 79,620 110,7n 114,8051 Total r•sour¢es 8xpend•d Oth•r Grnnt fundlng Totgl 2023 2024 Charitsbl• •ctivitie• Donations Grant funding of acliviUe5 18.394 18.394 33,067 Govemance costs 1931 3,931 3,772 3.931 18.394 22.325 36,839
TOVA CHAIM CHARITABLE FOUNDATION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2024 Grants payabf• 2024 2023 Donafjons 18.394 33.067 Trujtees Nonè of thè trustees (or any pernon8 connected th ihem) receiv any remuneration during th• yoar. Emplo•$ There were no employees during th8 ytsr. Taxation The charfty Is exempl frcffl lax on income and gains falling within section 505 of the Tax$$ Act 1988 or section 252 of the Taxation of Chargeable Galns Act 1992 to ttie extènt that thesè arts appllèd lo Ils ch8rltablo objects. No tax charges have arisen in the charity. Flx•d a•s•t Inv•8tm•nts lTrvg¥trnents Markot value 816 AF)ri12023 DIspos8ls ot op•ning book value Acquisib'ons at cost Change in v3lu6 in 672.386 110.1491 rkèt valu• at S April 2024 746,481 Property Syndlcat• Funds brought forward 816 Awil 2023 Repaymnts In the year Shore of nel rental income suJplus 125,2BO 14,800 11.861 Propgrty syndl¢at• pItal account at 5 Aprll 2024 132.341 Flx•d ass•t Inv•slm•nt$ tolal at 5 Awll 2024 878,822
TOVA CHAIM CHARrrABLE FOUNDATION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 10 Debtors 2024 2023 Loans