Company Registration No. 05407721 (England and Wales) Registered Charity numbeT 1112554 AGUDA NORTH WEST LTD (A Company Limited by Guarantee) Financial Statements For the year ended 31 March 2024 SEFTON YODAIKEN & CO CHARTERED ACCOUNfANTS Fairways House George Street, Prestwich Manchester M25 9WS
•Aguda North West Ltd• Contents Page Trustee's report Independent examinerfs report Statement of financial activities Balance Sheet Notes to the Financial Statements 9-11 Page I
•Aguda North West Ltd. Trnstee's Report For the year ended 31 March 2024 The trustee's who are also directors of the charity for the purposes of the Company Act present their report and accounts for the year ended 31 March 2024. The statements have been prepared in accordance with the accounting poli(ies set out in note I to the financial statements and comply, the aiarities Act 2011 and the Ststement of Recommended Practi "Accounting and Reporting by Charities" (Charities RP FRS 102). The Trnstees The trustees who served the charity during the period were as follows: David Smus Michael t£igh Yehuda Kahn Strnrture, governance and management The charity 15 constituted as a company limited by guarantee. It is also a registered charity, it is therefore governed by a Mernorandum and Artides of Association. Recnjittnent and appoititment of new tnkn would be in line with the memorandum and articles of a)CiatiOn and with the consent of the trustees. The criteria set for the suitsble qndidate would be someone who is seThsitive to the needs and demands of the organisation. Objectives and activities for the public benefit The charity manages the Hershel Weiss Children and Family Centre, in partnership with Salford City Council. We provide services priniarlly but not exdusively for the IefIt of those of the Orthodox Jewish persuasiorL We proniote health throush traditional means and supplemenlary activities, promote children's development through play and structured acttvities. The Hershel Weiss ThllLtsen and Family Centre is part of the Broughton children's centre cluster. Our serVeS work hand in hand with the every child matters agenda of be healthy taY safe , enjoy and achieve, achieve econoniic wellbein& the centre is a unique partnership between Aguda North West and SalfoTd city council our main aim is to bring ctUrallY appropriate services to a Conimunity that would not access elsewhere. The centre incorporates a sEyecially desi8ned training rn book, toy and training library, health clinic, crèche facilities, family roo various offices, a lift and a disabled toilet. We a150 offer Faniily SUPPO mother and baby clinics, drop in play counsellm& SEN supp)rt, trips and activities for the underprivileged, and benefit and personal grant supporL Over the past year over fami]ies per week are currently accessing services at the centre. An increase of 50 faniilies. Currently 107% of 1>5 in the local cornmunity are registered with our service and 84% are engaging with us. This is ba on nifOrnliOn fro]n the council's EMS data recording system. Page 2
•Aguda North West Ltd• Trnstee's Report (conyd...) In the recent Higher Broughton duster Ofsted report descnTred the work of the Hershel Wei&8 centre as a place where potential barriers are removed with great sensitivity and skill so that local Earnilies Teceive the help they require. Over the past 18 months, 80% of our worHoad has increased to support the 8rowing numbeT of farnilies and children accessing our et11Y appropriate services, requiring more support due to a number of i&sues affecting parents or children including parentsl mental health, poverty and debt victims of abuse and an increasing Thumr of lone parents. Thi8 means our services have to tsrget even further into an already ethnIY SeItiVe and economically deprived group. We have now set up a new project working directly with the growing number of single parent faniilies in the community we have now been awarded 3 further years of BBC children in need ftmding to work with these families. Our range of services has grown and we now support families much more holistically, we offer support to get holiday, furniture, home safety, clothing grants as well as counselling and activities for children with disabilities. Written by a parent and printed in a local newspaper. -Although this piece is titled 'the eDerchansing face... , a IEtter word w(Nld really be 'growing and dgveloping,, for howw n&qny changes the centre is rnakin& they are really only improuen7ents on the extraordinary work they are already doing. The only clwnges are the w in which the Hershel Weiss Centre is accessing more people and organisations, both as partners in their wondW activities, and in the number of localfamilies they are reaching out to and helping." The Hershel Weiss Centre has also been on the cutting edge 0£ Faniily and Community tEarning Provision in East Salford successfully allowing some of s(Le5 most exduded and disadvantaged to acces5 high quality Iearning in a unique, non-iudgementaL ethnically appropriate enviromnenL In the past our course5 have empowered people to challenge poverty of aspiration and enter further education employment and training. Some of our most recent higmights indude. Jcom jobs fair partnership. Paediatric first aid training for teachers and parents, both men and women Safeguarding event for parents. Engagement of many hard to reach families through the launch of our surnn progranime. Development of partsiership to use kosher savers as another venue to detiver fonn over the sulluner. Award nomination for adthgs computers for dummies course Sue Woodgate's minuted comments of appreciation at OJF in August re Hershel Weiss help with the Ofsted good safeguarding result within Salford coun(Il. Engagement of many hard to reach families through the incredible summer progranime. Development of new adult education prOgranM based on engaging with the most hard to reach Engagement of many new families moving into the lower Broughton area through the kosher savers sumw progranime Consultation on outdoor area Page 3
•Aguda North West Ltd• Trustee's Report (conyd...) CVS lla bid to lottery for extra SUPPK)rt based on HeTshd Wei&8 case SaY SucceSsfLY winning of 5 years reaching community fLmding for our new project jigsaw in parthership with binoh and salford to supy)rt the most vulnerable All this has recolsea and pd off and in Febrnary 2017 Salford Council iDfornied us that we are one of only 2 8roups in Salford to receive a 5 year contract for services stsrting April 2017 for Aguda North West at a fime of suth goverAunent austerity this is the highest accolade we could recerve. The trnstees confirm that they have referred to the guidance on public benefit when reviewing the chlS aims and obiecttves and in planning tllre activities and setting the grant making po]icy. Page 4
•Aguda North West Ltd. Trnstee's Report For the year ended 31 March 2024 Statement of Tntee6, Responsibilities The Trustee's are required under the Charities Act 2(ni to prepare flliancial statements for each financial year which give a trne and fair view of the charitys financ activities during the yeat and its financial position at the end of the year. In preparing those finan statements giving a true and fair view, the board of trustees should follow best Practi and: Select suitable accounting po]icies and then apply them consistently; Make judgements and estimates that are reasonable and prndent; State whether applicable accounting standards and statements of reC0mn1dea practice have been followed, subject to any depart[eS disclosed and explained in the finan Prepare the kncial statements the going concern basis unless it is inappropriate to presume that the charity wijl continue to operate. The trustees are also reSPonbIe fi)r keeping proper accounting records which disclose with reasonable accuracy the financial position of the cliarity and which enable them to ascertain the financial position of the charity to ensure that the fnianctal statements comply with the requirements of applicable law and Tegulations. They are also responsible for safeguarding the assets of the Chty and hence for taking reasonab steps for the prevention and detection of fraud and other iTregularities. This report has l*en prepared in accordan with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued March 21J)5) and in accordance with the provisions 0£ the Companies Act 2(X)6 applicable to the small companies regime. This report was approved by the IN)ard of directh and trustees on 30 March 2025. Mr D Smus Trnstee Page 5
•Aguda North West Ltd• Independent examiners report for the trustees For the year ended 31 March 2024 I report on the accounts of the Trnst for the year ended 31 March 2024 which are set out on pages 6 to 7. Respective responsibilities of trustees and exami As the charitys trustees you are responsible for the preparation of the accounts. You coThsiaer that the audit requirement of section 144 of the Charities Act 2011 (the Act) aS not apply. It is my responsibility to state, on the basis of procedures speafied in the General Directions given by the Charity ComniOneTs under section I(S)(b) of the ACL whether pthicular matters have come to my attention. Basls of Andependent examinerfs report My examination was carried out in accordance with the Gal Directions given by the aiarity ConunissioneTS. An examination indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideralion of any unusual items OT disc]osures in the accounts, and seeking explanations from you as trustees concerning any such mattets. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequendy do not express an audit opinion on the view given by the accounts. Independent examineO8 statement In connection with my examination. no niatter has come to my attention: (l) Which gives me Teasonable cause to believe that in any mala1 respect the requirements to keep accounting records in accordance with section 130 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirement of the Act have not I) or (ll) (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 Sefton Yodaiken & Co Fairways House George Street Prestwich, M25 9WS Page 6
•Aguda North West Ltd. Statement of financial activities For the year ended 31 March 2024 Notes 2024 2023 Incoming resources Voluntary income Local authority funding Investllnt income Other income 59,(X)5 82,In 41,006 84,448 135096 195,849 Totsl inconiing resources 277J75 321,%8 Resources expended Grants payable Admintstrative expenses Governance costs 136,105 117,707 2J(X) 192,692 137,4(K) 1100 10 Total expenditure 256,112 332,192 Operating surplus/ (deficit) Surplus B/F 21,263 (10,224) 264,227 Surplus C/F 275,266 254,003 There are no recognisable gains and losses other than those stated in the SOFA. Page 7
• Aguda North West Ltd • Balance Sheet as at 31 March 2024 2024 2023 Notes Fixed assets Tangible fixed assets 52 57,142 Current assets Debtors 80329 90,642 Cash at bank 156,073 110,697 236.402 (13,989) 201239 (4A78) Credxtors: due in one year Net current assets 222,413 196F61 Total assets less current ]iabi]ities 275,266 254,003 Funds Unrestricted flmds 275266 254,003 In preparing these anCIal statements: (a) The directors are of the opynion that the company is entided to the exemption from audit conferred under section 477 of the Companies Act 2(KJ6. Ib) The memEers have not required the company to obtsin an audit of its fina[181 staienients in accordance with seciion 476 of the Companies Art 2006, and (c) The directors acknowledge their Tesponsibllitie5 for. compIying with the requirem of the Act with rw to accounting records and for the preparation of accounts and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial Friod and which otherwise comply with the requIrents of the Act rekting to accounts, so far as applicable to the company. These accounts have Eeen prepared in acc0Tdae with the provisions applicable to companies subject to small companies, re8im& Mr. D Smus Page 8
•Aguda North West Ltd• Notes to the Financial Statements For the year ended 31 March 2024 l. Accountins Policies 1.1 Accounting Convention5 These accounts have been prepared under the historical cost convention and in accordance with applicable accounttng standards and the tharities statement of recommended practsse on accounting by charities (Charities SORP FRS 102) and the Charities Act 2011). Incoming resources All incoming resour5 are induded in the statement of financial acttvities when the charity is entided to the income and the amount can be quantified with Teasonable accuracy. Voluntary income is received by way of grants and donations and is induded on the SOFA when receiveable. Resources expensed Expenditure is recognised on an accrual basis as a liability is incurred. Clts7ritable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benefi(iaries. Governance costs indude those costs associated with meeting the constitutional and statutory requirements of the charity and indude the accountancy fees and costs linked to the strategic management of the charity. All overhead and support costs are allocated between the expenditure categories of the SOFA on a basi5 designed to reflect the use of the resour. Z Taxation The company is non profit making and a restered charity and as such there is no corporation tax. 3. Depreciation Depreciation is charged at 15% reducing balance on office equipment and fixtures and fittings. Voluntary income 2024 2023 Donations 59,005 41,006 Page 9
•Aguda North WestLtd. Note5 to the Financial Statements For the year ended 31 March 2024 5. Investment income 2024 2023 Bank interest received 665 6. Other income 2024 2023 Charitable activities 135h896 195*49 7. Tangible Fixed Assets Office equipment Fixtures and fittings £ 6£07 Total B/F Additions 131,245 138,052 136,281 607 143,088 Depreciation B/F Charge for the year 74,852 9214 6,057 112 6,169 g)?25 Net book value 31 March 2024 51215 52,853 31 March 2023 56,392 750 57,142 8. Creditors: amounts due within one year 2024 20 Accruals 13,989 4,478 Page 10
•Aguda North West Ltd• Notes to the Financial Statements For the year ended 31 March 2024 9. Administrative expenses 2024 2023 Telephone and PPSA Property maintenan Administration expenses Bak charges and interest Wages and salaries Childcare costs Depreciation 5,275 95 9516 195 90Sd) 2,739 9JZ7 11,048 12,059 101,053 2,988 10,084 117,707 137,4(K) 10. Governance costs 2024 2023 Accountancy 2J)O 2,1(Xl 11. Trnstees No remuneration was paid and no expenses were reimbursed to the trustees during the year. Pag¢ 11