2024-04-05-accounts

YHS TRUST CHARITY REGISTRATION NUMBER: 1113243

FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

YHS TRUST

INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

Pages Charity Information ............................................................................................. 3 Trustees’ Annual Report ..................................................................................... 4 Independent Examiners Report To The Trustees ............................................... 6 Statement Of Financial Activities ......................................................................... 7

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YHS TRUST

CHARITY INFORMATION FOR THE YEAR ENDED 5 APRIL 2024

The Board of Trustees

Mr J D Schleider Mr S Sinitsky Rabbi C Pinter

Principal Address

6 Egerton Road London N16 6UA

Independent Examiner Finer Accounting Ltd 36 Ravensdale Road London N16 6SH

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YHS TRUST

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024

The trustees present their report with the financial statements of the charity for the year ended 5 April 2023.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity shall be:

1. To advance the education and the religion of the Jewish faith in accordance with orthodox practice in particular to create and maintain and run orthodox Jewish schools

2. To relieve poverty

3. Such other purposes as are recognised by English law as charitable

Public benefit

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit, when reviewing the aims and objectives and in planning the charity's future activities. The aims of the charitable company for the public benefit are detailed in the 'Objectives and Activities' section of this report and the main activities undertaken in order to carry out the charitable company's aims for the public benefit are outlined under 'Achievements and Performance' below.

Grant Making

The trustees support charities whose objects are in line with the objects of this charity. The charity accepts any grant application subject to the trustees' review. Financial help is then given according to circumstances and funds then available.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The charity has invested in a property with the aim to bring high returns to enable the charity to keep up with the high demand of grants.

FINANCIAL REVIEW

Financial position

The financial results for the year to 5 April 2024 are shown in the attached financial statement.

Reserves policy

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YHS TRUST

Reserves (that is those funds that are freely available) are needed to bridge the funding gaps between spending on activities and receiving resources through voluntary donations and grants.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Recruitment and appointment of new trustees

Trustees may be appointed by the existing trustees at any time, either to fill a casual vacancy or as an addition to the existing trustees. Any trustees so appointed will hold office only until the next Annual General Meeting and will then be eligible for re-election.

No trustee had any beneficial interest in any contract with the charitable entity during the year. Potential trustees are invited to informally attend trustee meetings prior to appointment and a comprehensive induction programme is available. Additionally individual trustees may undertake external training in a particular area of their role on the governing body.

Organisational structure

The board of trustees must have at least 3 trustees serving at one time. These trustees liaise with the senior administrator who is appointed by the trustees to manage the day-to-day running of the charity.

The trustees meet on a regular basis.

Risk management

The trustees regularly undertake a review of the major risks to which the charity is exposed, and systems designed to mitigate those risks are considered on an ongoing basis.

The trustees recognise the absolute necessity of ensuring the protection and safety of all those that the charity serves. This includes the trustees as well as those who receive grants from the charity.

APPROVAL

This report was approved by the trustees on

and signed by:

Mr J D Schleider - Trustee

By Order of the Board

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YHS TRUST

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024

I report the trustees on my examination of the financial statements of YHS Trust ('the charity') for the year ended 5 April 2024 set out on page 7.

RESPONSIBILITIES AND BASIS OF REPORT

As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 charity as required by section 130 of the Act; or

2. the financial statements do not accord with those records; or

3. the financial statements 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.

Uri Feiner FMAAT Independent Examiner Finer Accounting Ltd 36 Ravensdale Road London N16 6SH Date: 23 January 2025

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YHS TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024

STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES		BALANCE SHEET	BALANCE SHEET	BALANCE SHEET
	2024	2023				2024	2023
	Unrestricted	Total				Unrestricted	Total
	fund	funds				fund	funds
INCOME FROM				FIXED ASSETS
Donations and legacies	201,800			Investment Property		292,500	88,346
Investment income	3,472	277				292,500	88,346
Total	205,272	277
				CURRENT
				ASSETS
EXPENDITURE ON				Cash at bank		71,366	88,346
Grants to institutions	2,000	44,000				71,366	88,346
Investments	292,500			CREDITORS
				Amounts falling
Support Costs	2,717	638		due within one		(81,419)	(6,454)
				year
				NET
Total	297,217	44,638		CURRENT		(81,419)	81,892
				ASSETS
				TOTAL
NET INCOME/(EXPENDITURE)	(91,945)	(44,361)		ASSETS LESS CURRENT		211,081	81,892
				LIABILITIES
				NET ASSETS		211,081	81,892
RECONCILIATION OF
FUNDS
Total funds brought forward	81,892	126,253		Unrestricted funds		(10,053)	81,892
TOTAL FUNDS CARRIED FORWARD	(10,053)	81,892		TOTAL FUNDS		(10,053)	81,892

These financial statements were approved by the members of the committee on the and are signed on their behalf by

Mr J D Schleider - Trustee

By Order of the Board

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