Regristered Charity No. 1101816 THE Y & B CHARITABLE TRUST Financial Statements For the year ended 5 April 2023 Sefton Yodaiken & Co Chartered Accountants Fairways House George Street Prestwich Manchester M25 9WS •Y & B Charitable Trust• Annual Report For the year ended 5 April 2023 The trustees present their report for the year ended 5 April 2(123. Congtitution The charity, Y&B Charitable Trust was established by Trust Deed and is a registered charity number 1101816. Its address is RICO House George Street Presiwich M25 9WS. ChaTArfs Objectives, Activlties, Orgarri8ation and Principal Beneficiaries The charity's trustees are required to apply the income for such d￿ltable purpose or purposes or in the furtheran￿ of any such charitable object or objects as they shall in their absolute discretion from time to time a5 they think fil The Trustees confirm they have referred ts) the guidance contained in the Charity Conmiission's general guidanee on public benefit when reviewing the trusgs aim and obiectives and in planning future activities and setting the donation makins policy for the year. The Trustees who served during the year were: Bernice Issler Anthony Issler Chaim Mordechai Sandler Review of progre88, achievements and plans for the future Charitable donations received during the year amounted to £ Charitable donations amountins to £ were paid in line with the trusys objectives. .Y & B Charitable Tn￿. Annual Report For the year ended 5 April 2013 Statement of Tru8tees' Responsibilities The Trustee's are required under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the charitys £inancial activities during the year and its financial position at the end of the financial year. In preparing those financial statements giving a true and fair view, the board of trustses should follow best practice and: Select suitable accounting policies and then apply them consistently. Make judgements and eslimates that are reasonable and prndent; State whether applicable accounting standards and statements of Tecommended practice have been followed, subject to any departures disclosed and explained in the financial statements. Prepare the financial ststements on the going con￿rn basis unless it is inappropriate to presume that the eharxty will eontinue to operate. The trustees are also responsible for keeping proper accounling records which disclose with reasonable accuracy the finanaal position of the charity and which enable them to ascertain the financial position of the charity to ensure that the finanaal statements comply with the requirements of applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities. Mr. A. Issler Trustee l February 2024 •Y & B Ch￿ltrable Trnst• Independent e￿InerS report for the trnstees For the year ended 5 April 2023 I report on the accounts of the Trust for the year ended 5 April 2013 which are set out on pages 4 to 5. Respe¢tive respon8ibilitie8 of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts, You consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It ts my responsibility to state, on the basis of PrO￿d￿reS specified in the General Directions given by the Charity COn￿nIssIOnerS under section 145{5)(b) of the Act, whether particular matters have come to my attention. Basi8 of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commi&sioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts pre9ented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees Con￿rning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently do not express an audit opinion on the view given by the accounts. Independent examiner's Statement In connection with my examination, no matter has come to my attention: (l) Which gives nie reasonable cause to believe that in any material respect the requirements to keep accounting reeords in accordance with section 130 of the Actr, to prep￿e accounts which accord with the accountxng records and to comply with the accounting requirement of the Act have not been met; or (2) to which, In my opinion, atiention should be drawn in Order to enable a proper understanding of the accounts to be reached. Mr. S. Yodaiken l February 2024 Sefton Yodatken & Co Fairways House George Street Prestwich, MIS 9WS •Y & B Charitable Tn￿t• Statement of Financial Activity For the year ended 5 April 2023 2023 2022 Notes Incoming resources Voluntary income Jnvestment income iA)ttery grant income 44412 18ffi3 io,o¢xi 12,165 112n Total incoming resources 72,475 24,436 Resources ex*d Charitable distribution Governance costs Support costs 29,087 11,928 4J21 17214 7,830 Total expenditure for the year 45,336 27,674 Net surplus for the year Balance B/F 27,139 154,690 (3,238) 157,928 Balance C/F 181,829 154,690 •Y & B Charitable Trust• Balance Sheet As at 5 April 2023 2023 2022 Noteg Fixed a88ets Land and propeTty 655A78 655,478 Curent a88et8 Debtors 84,￿7 75,709 84,907 (82,093) 75.709 (99,618) Credito￿. due in one year Net current liabilities 2,814 (23,909) 658,292 {476,4&3) 631569 (476,879) Creditors: due after one year 181.829 154,690 Funds UnTe5tricted 181.829 154,690 Approved by the trustees on l February 2024 and signed on their behajf, Mr. A. Issler Trustee •Y & B Charitable Trust• Notes to the Financial Statements For the year ended 5 April 20 Accounting Policie8 These accounts have been prepared under the historical cost convention and in accordan￿ with applicable aceounting standards the charities statement of reconmiended ptactise on accounting by charities (awities SORF FRS 102) and the CEwAties Act 2011). Recognition 0£ Incoming resources Investtnent income is recorded when receivable and represents Tent received from investment properties. Voluntary incoll￿ and donations are recorded on a receipts basis. Net movement in funds for the year Is stated after charging the following iterns: 2022 Independent examinerfs remuneration Govemanee eosts 2023 2022 Loan interest and fees Accountancy 11279 600 (51) 7,198 32 11,928 Support costs 2023 2022 Management fees Insurance Professional fees Repairs Other administrative costs 1310 1,750 611 90 4,321 1530 .Y & B Charitable TTUSt• Notes to the Financial Statements For the year ended 5 April 2023 Fixed Assets tand and buildings B/F & C/F 655A78 Depreciation Charge for the year Net book value 5 April 2023 655A78 5 April 2022 655,478 Creditors: amounts falling due within one year 2023 Trade creditors Bank over(traft Other creditors 1,71M) I,i(J) 979 97,539 80J93 81093 99,618 Creditor&' amounts falling due after one year 2023 2￿ Bank loans secured Bounce back loan Other creditors 366,647 48,801 61,015 366,647 49,217 61,015 476,463 476,879 Trustees No remuneration was paid and no expenses were reimbursed Iv the trt￿tee5 during the year.