## **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 ;
- 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**