TIFERET EYAL COMMUNITY
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
31 December 2022
CHARITY NUMBER : 1116736
REDHOUSE AND ASSOCIATES BUSINESS SERVICES LIMITED 164a Kenton Road Kenton, Harrow Middlesex HA3 8BL
TIFERET EYAL COMMUNITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Contents
| Page | |
|---|---|
| 1 | Charity information |
| 2 | Report of the Trustees |
| 3 | Statement of responsibilities of the Trustees |
| 4 | Accountant's Report |
| 5 | Statement of Financial Activities (Incorporating the |
| Income and Expenditure Account) | |
| 6 | Balance Sheet |
TIFERET EYAL COMMUNITY
CHARITY INFORMATION
YEAR ENDED 31 DECEMBER 2022
Charity Number 1116736 Trustees Evelyne Abraham Mark Ezekiel Barbara Feldman Charity office 8 Queens Road London NW4 2TH Accountant Redhouse and Associates Business Services Limited 164a Kenton Road Kenton, Harrow Middlesex HA3 8BL
Page 1
TIFERET EYAL COMMUNITY
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their report and accounts for the year ended 31 December 2022
Trustees
The trustees named below have served throughout the year:
Evelyne Abraham Mark Ezekiel Barbara Feldman
Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
Objects of the society, principal activities and organisation
To raise funds and donate those funds in support the furtherance of the Hendon Sephardi community
Financial review
The trust continues to manage its resources prudently, and to make payments in accordance with the trust deed, and within its own financial resources.
Reserves
The trust's reserves policy is such that the funds held are sufficient to continue running services for at least one year.
Risk review
The trustees regularly review the major risks which the charity is exposed at its regular meetings. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charity.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2005 (issued March 2005).
This report was approved by the trustees on and signed on their behalf.
Barbara A Feldman
Signed on 11/09/23 @ 12:53
…………………………………………………….
Date :
Page 2
TIFERET EYAL COMMUNITY
STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES
IN RESPECT OF THE ACCOUNTS
The trustees are required under the Charities Act 2006 to prepare Financial Statements for each financial year which give a true and fair view of the charities financial activities during the year and of its financial position at the end of the year.
In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
-
select suitable accounting policies and apply them consistently ;
-
make judgements and estimates that are reasonable and prudent ;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts ;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustee
Date :
Page 3
TIFERET EYAL COMMUNITY
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTANT'S REPORT
In accordance with instructions given to us, we have prepared, without carrying out an audit, the attached Income and Expenditure Account from the accounting records of Tiferet Eyal and from information and explanations supplied to us.
BN Redhouse Signed on 11/09/23 @ 12:56
REDHOUSE AND ASSOCIATES BUSINESS Date : SERVICES LIMITED 164A Kenton Road Kenton, Harrow Middlesex HA3 8BL
CLIENT APPROVAL CERTIFICATE
We approve the attached Income and Expenditure Account and confirm that we have made available all relevant records and information for their preparation.
Barbara A Feldman
Signed on 11/09/23 @ 12:53
……………………………………. - Trustee Date :
Page 4
TIFERET EYAL COMMUNITY
INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| Income Administration expenses Operating Surplus/(Deficit) Interest payable OperatingSurplus/(Deficit) before Taxation Taxation Surplus/(Deficit) after Taxation Other Income Retained (loss)/profit for the year Accumulated surplus/(deficit) brought forward Accumulated (deficit)/surplus carried forward |
2022 2021 £ £ 130,427 95,828 130,373 118,593 |
|---|---|
| 54 (22,765) - - |
|
| 54 (22,765) - - |
|
| 54 (22,765) 19,000 27,100 |
|
| 19,054 4,335 42,770 38,435 |
|
| £61,824 £42,770 |
The notes form part of these Financial Statements.
Page 5
TIFERET EYAL COMMUNITY
BALANCE SHEET AS AT 31 DECEMBER 2022
| Current Assets Debtors Cash at Bank and in hand CREDITORS: Amounts falling due within one year Net Current Assets TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES General Reserve |
£ £ £ £ 3,542 3,882 61,105 41,128 64,647 45,010 2,823 2,240 61,824 42,770 £61,824 £42,770 61,824 42,770 £61,824 £42,770 2022 2021 |
£ £ £ £ 3,542 3,882 61,105 41,128 64,647 45,010 2,823 2,240 61,824 42,770 £61,824 £42,770 61,824 42,770 £61,824 £42,770 2022 2021 |
|---|---|---|
| 64,647 2,823 |
||
| £42,770 | ||
| 42,770 | ||
| £42,770 |
Approved by the Trustees on …............................................. and signed on their behalf
Barbara A Feldman Signed on 11/09/23 @ 12:53
……………….. ……………….. Trustee Trustee
Page 6
TIFERET EYAL COMMUNITY
DETAILED INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2020
| Income: Donations & Fees Grants Received Rent Received Total Income Less Expenses: Ministers Pension - Autoenrolment Kolel Gifts Security Catering Charity Donations Light, Heat & Water Rent & Rates Cleaning Computer Costs Insurance Repairs & Maintenance Books and Subscriptions Sundry Expenses Telephone & Internet Accountancy Bank Charges Grants Paid |
122,843 7,584 19,000 149,427 37,011 142 0 3,671 5,134 2,366 400 12,228 14,112 13,564 0 0 2,890 582 1,319 1,570 1,470 214 33,700 130,373 19,054 2022 |
88,920 6,908 27,100 122,928 33,560 0 0 0 5,166 3,568 1,300 9,886 14,100 8,699 0 0 0 2,539 2,569 1,563 1,500 443 33,700 118,593 4,335 2021 |
88,920 6,908 27,100 122,928 33,560 0 0 0 5,166 3,568 1,300 9,886 14,100 8,699 0 0 0 2,539 2,569 1,563 1,500 443 33,700 118,593 4,335 2021 |
|---|---|---|---|
| 4,335 |
Detailed I&E Account