GHARrrY REGISTRATION NUMBER: 1118847 Ben Amram Charltable Trust Unaudited Financial Statements 30 November 2023 BRINDLEY GOLDSTEIN LIMITED Chartered accountants 103 High Street Wattham Cross Herts FhJR 7AN
Ben Amram Charitable Trust Flnanclal Stalemenls Year ended 30 November 2023 Page Truslees, annual report Independent examiner's report to the trustees Statement of financial aclivities Statement of financial position Stalement of cash flows Notes lo the financial statements
Ben Amram Charitable Trust Truslees. Annual Report Year ended 30 November 2023 The trustees pres8nl their reporl and tho unaudited linancia5 statements of th8 chaiity lor thg year anded 30 Novembgr 2023. Relernnce •nd dmlnlstr•tlvo dotails Rtyi$i¢r¢d ¢h•rlty nam• Ben Amram Charitable Trust Charlty reglslratlon number 1116847 Prlnclpal ¢)fflce 103 Manor Ro•J LoTrJon N165PA The trusteè# Mr J. Teller Ms P. Dominit2 Mr M. DeLrtsch Indopèndont •umln•r Brindley Goldstein Limited 103 HvJh Street Waltham Cross Hert5 EN8 7AN Structure. gov•rnancè and man•g•mpnt Thg day to day running ol Ihg chwity is oVe88n by Mr Joel Teller. Now trustees ara appointed bas8d on personal comp8tgn¢e, specialisl skills and 8xpèri9. They arè indueted into the wOrkid rjl Ihg charty by tho current board and are encouTag9d to read Ihg Charfty Commlssion's various wblications. Statu8 and Admln18tr•tkn Charity. wlituted by tru81 dg8d, dated 16 U81 1995,1s a Reglslered Charfly. Rlsk Managemeni The trustees have a duty lo klenttfy and revlew the rlsks lo Vthh the charity is exFosed and arg Satisfi systems are in place to mKvJale Its exwsure to thosè risks, in parbcular those lo IF ¢Jperatitin$ and finances ol the Charity.
Ben Amram Charltable Trust Trustees. Annual Report (Mntlnu•d) Year ended 30 November 2023 Oblectlves and actlvllles The advancement of the Orthodox J$h Religh)n. The advarKement of Orthodox J8wlsh R&lSglous educatlon and education ggnerally. The r&liel of poverty, old age illne55. both monlal ond physical. and the rg11gf ol persons suffering from dSsabilty- Thg charitys aSm Is to Collect donallons and lo Iransmlt funcls to approved charities and InStitIonS as wèll as n• indwhduals. The charty is vary reliant on voluntsry ino)me and re¢eives donations both Irom indlvKJuals and from buneSses. The chartty makes grants lo IndWu8ls and Inslltutlons. Publlc Benoflt We have relerred to the guidance contained In the Chadty CommSsslon's general guidance on public ber)efft in planning our future a¢tNitigs. and settlThJ our grant maklng pollcy lor thè year. when leerj our aims and objectives. Aehigvomonts and porforni•nc• Ch8rftable Actlvltles During the year tho charity continld lo collect funds to bè distrbutfjd to ChItable insotuuons, rellgious bodles and povety-strid(en r*op. Iornij resources increased by £224,68110 £984,44812022: £759,787). Grants glven to Indldud8 amounied to £288,36212022: £85.2571. Grants fo religiou5 bodies amounted lo £264.24412022: £204,485). Donations and grfts to individuals and rellgious bodles 8m¢)unl8d to £438,213120¥2.' £447.5881. Flnanelal revlew trustees retaln reserves as necessary and where appropriate. consolthle ndS in order to ffinaa the operafjon ol the Charlty, and lo make payments as appropriate. Pl5 for luturo Porlod¥ The charity plans lo c¢ntinue lo lI90t a1 make donallons In accordance wllh Its grant maknng wllcy as in prèvious y8ars. lor th8 fores8eabl8 fUre. There arè no plans for any major chaeS.
Ben Amram Charitable Trust TNslees' Annual Report Year ended 30 November 2023 Th8 trust8es' anwal reFQrt was 8pproved on 26 Septèmbar 2024 and siwed on tehalf of Ihe board of trustees by: Mr J. Teller Trustèe
Ben Amram Charllable Trust Independent Examlnerfs Report lo the Truslees of Ben Amram Charllable Trust Year ended 30 November 2023 I rewrt to the Iruslees on my examination ol the financial statements ol Ben Amram Charitable Trust Ilhe charflll lor the year endèd 30 Novemter 2023. Ro¥pon8lbllltles and basls ol report A$.the trustees of the charity you are responsblè lor the preparation of the financd stalemonts In accordarte with the requirements ol the CharrlSes Act 2011 I'lhe Act'i. I report in respect of my examSnalion of the charity's financial statements rrIed OLrt under sectKn 145 ol the 2011 Act and in carrwrrfJ OLrt my examination I have followed all the appllcable Directions gfven by the Charity Commission under section 145151{b) ol Ihg Act. Indopendont ex•mln8r's statement Since the charity's gross incomg &xcggd8d £250,CQO your exaffiiner must bè a m8mtrr of a body listecl In wtion 145 01 the 2011 Act. l Confirm that l am qualified lo undertake the examination ause l am a m8mber ol th& Insthute of Chartèred PLeountants in Eland and Wal8s IICAEWI, whh i5 one ol iho listed bodigs. I hav9 completed my examination. I conlim that no material matters have come to my attenth)n in nnect#)n vriih the examination giving m& cause to b&liev8 that in any material resp8cI- accounting r9cor(Is were not kept in resped ol tho Gharity as rgquired by section 130 of Act,. or the linaneial statem&nt$ th) not accor(l Yriih Ih05e r8COTds- or the financial slalements do not comply with lh8 applicabl8 rgquirements concerning ihe torm and eontenl ol aKounts set out in the CharIt$ (Accounts and Rgportsl Regulations 2008 othgr than any requirèment that the accounts gwe a Irue and lair view which is not a matter considorgd as part of an independent examination. I have no ¢on¢erns and have wme across no other malters In connectbn with the examlnatlon to whlch attention should te drawn in Ihis report in order to enable a proper understsndiThJ of the accounts to be reach1. Brindley Gddstein Limited Independent Lxaminèr 1D3 High Slreel Wallham Cross Harts EN8 7AN
Ben Amram Chariiable Trust Statemenl of Flnanclal Acllvltles Year ended 30 November 2023 2023 Unrestricted lun(Is Total funds Total funds 2022 Noi• Income and •ndowments Donations and legacies Charitable aclivrtigs 984,448 759.667 100 Total Income 984,448 984,448 759.767 Expendllur• Expenditur& on charitablè activlliès Total oxpendlture 6,7 1,001,642 1.001,642 1.001,642 1,001,642 747.264 747,264 Nèt (exndItUre)AnCOme and nel movern•nl In lunds 117.1941 117.1941 12.503 R¢¢onclllailon of furK18 Total funds brought lOard Total funds carrled forward 25.219 25.219 12,716 25,219 8,025 8,025 The slalemenl ol fsnancial actlvitles Includes all gains and lossès recognised in th8 ygar. All income and eXnd(re derive from continulng attliwlws. Th• nol•s on pl9 8 to 12 fom wrt otthose financial •t•temont&
Ben Amram Charitable Trust Statement of Flnanclal Poslllon 30 November 2023 2023 2022 Current assots Debtors Cash at bank and In hand 12 40,386 231,829 11,357 15.362 272.215 26.719 Crèdltors: *m¢wnl$ fllllng due wllhln one year Nel Gurrenl as8els 13 264,190 8.025 1,500 25,219 25.219 Total assotslgss currgnt Ilabllltlos 8,025 8.025 Not assets 25219 Funds of charlty unreslric18d funds 8,025 8,025 25,219 25.219 Total ¢h•rlty lund$ 14 These tinancid statemonls wgre approvgd by the knrd ol trustees and authorised lor Issue on 26 Septembgr 2024. and are Slgned on behall of the board by: Mr J. Teller Twstee The not•s on pag•s e 10 12 fomi part of th•g• tlnancljl slptemont$.
Ben Amram Charitable Trust Statement ol Cash Flows Year ended 30 November 2023 2023 2022 C•$h flowy Imm operating &ctivili8s Nel lexpenditurellincome 117,1941 12.503 Adjustments lor.. cru8d income 16001 (3,9001 Ghanges in." Trade and other debtors Trade and other creditors 129,0291 263,290 11,1961 Cash generated from operations Nel cash from opeTating actiwties 216,467 7,407 216,467 7,407 Net Increage In cash and cash •quivalonts Cash and ca$h equlvalents at beglnnlng ol year C•sh and c¥$h equivalents at end of y8ar 216,467 15,362 ¥J1,829 7,407 7,955 15.362 The not•s on p•g8s 8 tg 12 loym part of these flnanctsl st•twngnts.
Ben Amram Chariiable Trust Notes to the Flnanclal Statements Year ended 30 November 2023 G•ngral Inlormalion The charity is a public benefit entity and a registered charty in England and w9S and is unincorporated. The address of th8 principoj offe IS 103 Manor Road. London. N16 SPA. Statement of compline6 These linanclal slatèmenls havè been prepared in compliae with FRS 102, 'Thg Financi Reportiro Standard applicable in th& UK and the Republic ol Irpland,, the Slatgment of Recommendgd Practice applicable to charllles preparing their accounls in accordanee with the Financial Reportiro Standard applicablo in th• UK and Ropublic ol Ireland IFRS 1021 Icharilios SORP IFRS 10211 and the Char(cie5 Act 2011. Ae¢ounllng poll¢le$ B•slJ ol propar•tlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certn financial assets and liabilities and inv&slrnent properties measured at fair valu8 through income or exp8n(JTtur8. The financial slaternents arg proparfjd in sterllng, whlch Is th& functlonal curr9n¢y ol the entlty. Going ¢on¢orn Thgre are no malerid uncertaintie3 aboLrt th8 charitys atslity to conlinue. Dlsclosuro exempllons Disdosures in respect of finala1 Instruments have not len presented. Judgomonl8 and key $ourcg8 of gstlmatlon uncgrtalnty The preparation of the financial statemerrts requlres managgmenl lo make judggments, estimates and assumptions that affect the amounts reported. These estimates and judgem8nls arè continually r8viewed and are based on exrienCe and olhei laclc*rs, ineluding expoctations 01 fulur9 events that are bellev8d lo be reasc¢nable undèr thè circumslan¢gS. In Ihe process ol applylng th8 eniitys ¥counling pol18 no significant judgements or key sources ol estimation wore made by management that have any signiliGanl gffect on the amounts recognSsed In the flnanc1 statements. Fund •¢¢ountlng Unrestricted funds are aVailae for use at th8 discretion ol the truste8S to further any of tht charlty's purwses. Designatèd lunds arè unrostrict8d funds oamiark9d by the Iruslees lor part+cular lulure project or commltrnenL Reslrlcted funds are subjeeted to roslriotions on thelr eXp9ndlre dedarad by the donor or Ihrough the terms ol an apal, ancj fall into on8 of two sub-dasses.. restricted Income hjndg or endowment funds.
Ben Amram Charilable Trust Noles to the Flnanclal Statements {eontrlluedJ Year ended 30 Nov8mb8r 2023 A¢wunllng pollcl08 (MnthuoLI) In¢omlng rg8ouTr Al incoming resources are inclLKled in the statement of financial activ8S when enltlament has pass&J to the charty,. it is prob4e that the economSc benellts assoclated with the Iransa¢lion will flow kn the charTty and the amount Gan be reliably measured. The lolk)wing spe¢ilic pollcies are applied to partlcular categoiies of Income- Income from donations or granis Is re¢conièd when there is evidence of entitlement lo the glft, recelpl Is probablg and its amount can m&asured rel1y. IacY ir0 is recogni8ed when recelpt Is prei)able and enllllemenl is estthished. Iome from donated goods Is measured at the lair value ol the gocKJs unless Ihls 18 Impradieal to measure reliabty. in which cas8 the value derived from thg cost to the donor or the estlmaled resale value. Donaied lacillties aThY seryices ore recc#Jnlsèd in the accounts when recelvad 11 tha valug can be reliabty mea8ur8d. No amounls are Sncludèd for the contribution ol general volunteers. income from o)ntraS for the suppty ol swices 18 recognlsed yth the delNery ol the ¢onlra¢led sgrvice. This is classrfied as unrestricted funds unless there is a contractual r4uirement lor r( to be spent on a parti¢ui8r purpose and retumed il unspgnl, In whiGh case 11 may be regard8d as rèstrictèd. Resour¢o8 expended EXTrY1ture is rnISed on an accwals basls as a Ilabilty is SncLtrred. Expenditure includgs any VAT whlch cannot b8 lully recovered, and is classified under hfradlngs of the statement of fina1 a¢lNi11os lo which it reLqtes- expeThyf(ure on ralsing funds Includ&s the costs of 811 lundmsing actiV.e8. events, non- charitable Irading actlvltles. and the sa19 01 donated goods. eXTraitr on charitable activities ineludes all costs incurred by a charity in urKlertaking a¢tltIeS that lurthgr 118 charitable alms lor thè benèfit ol its benefSclarles. incIling those SUFPOrt costs and costs rolaling lo th9 govemance ol the charity appordoned to charitable activi1Ses. othgr expondmure includes all expenditure that is n911her relatgd to rSIng funds for the ehartty nor part of its exnditre on chwilabb aclivilies. All costs are allocated lo expenditure categories relthting the use ol the rgsource. Direct costs attrl)utable lo a sirole aclivity are allocated directly lo that actlvSty. Shared costs arg awortiongd bebyefyn the actlvitles they contribute to on a rèastsn&le, justrfiable and consSstern basis. Donatlons ondlogocl Unrestrttgd Total Fund8 Unre8tried Total Funds Funds 2023 Funds 2022 Donatlon6 Donations and gifts 984,448 984.448 759,667 759,667
Ben Amram Charltable Trust Notes lo the Flnanclal Statements fco Year ended 30 November 2023 Charltsble actlvltles Unrestricta Tolal Fund• Unre8lricted Total Funds Funds 2023 Funds 2022 Other income from charitabte aclwities 100 100 Expendlture on charitable 8cti¥ities by fund typ Unrestrthd Total Fund8 Unrestrth Total Funds Funds 2023 Funds 2022 Charitable aclivits Support costs 998.294 3.348 998.294 3,348 745.764 1.500 745,764 1,500 747,264 1,001,642 1.001,642 747.264 Expondilur• on ¢harlt•bl• actlvltl•s by actlvlty typo Activf(19S undertaken Grant funding dirgctty of aclNitiès SuFPJrt costs Total lund$ 2023 Total fuThJ 2022 Charitabl8 activities Govgrnanco costs 445.688 552.606 998.294 745.764 1.500 747,264 3,348 445,688 552.606 3,348 1,001,642 Analy¢ of granlj 2022 Gmnts to Iniitulion• Grants to instilulions 264,244 204,485 Grants lo kndlvldu•l• Grants lo IndivSduals 288.362 85,257 289.742 Total grants 552,606 Indopwdont oxamination1998 2023 2022 Fees payable to the ir*Jependenl examiner lor.. Ind8P8nd8nl examination ol Ihg financial statements 900 1,5 10. Staff cost8 The average head Count ol employees the year was Nil12022.' Nill, qn
Ben Amram Charltable Trust Noles lo Ihe Flnanclal Statements (eotttthJ Year ended 30 November 2023 10. Staff costs (¢onthug&1) No gmployeg recaiv8J emoyee knelits of more than £60,000 during the year12022: Nill. 11. Tru$b• r•muner•llon and •xp•nsos No remLrngralion or other beneflts from employment with the charity or a rglatgd enllty we received byihe trustees. No Iruslees expenses have been tKUrr. 12. Deblors 20fd 2022 Trade dgblors Other debtors 40.386 2.147 9.210 40,386 11.357 13. Crgdltor$: amounts falllng duo wlthln one y•8r 2023 2022 ruals and delerred incomè Other creditors 900 263,290 264,190 1,500 14. Analysis of chgrlloble funds Unre8trfcted funds 1 December 2 022 30 Mov8mber 2023 Income Expenditure General funds 25,219 984,448 11,001.642} 8,025 Al 1 Decembw 2 021 Al 30 November 2022 Income ExpgTrJfture General fuThls 12.716 759.767 1747,2641 25,219
Ben Amram Charitable Trust Notes to the Financial Slatements Year ended 30 November 2023 15. Analysls ol nel 8ss8t$ betwogn funds Unrestricted Total Fund8 Funds 2023 CuJT8nl assets Creditors less than 1 year Net •ssets 272,215 272.215 1264,1 W} 1264,1901 8,025 8,025 Unrgslricled Total Fund5 Fund5 2022 Jrrenl assets Credf(ors 88 than 1 year Nèt a8sets 26,719 {1,5001 25,219 26.719 11,5001 25,219 16. An•tysls ol change$ In net debl At Al 1 Dgc 2022 Cash fbws 30 Nov 2023 Cash al bank a1 in han 15,362 216,467 81.829 17. lI19d p•rtlgs No trustee nor any person connedgd Mlh Ih9m rgcgivgd any rgmuneralion. or cMed any expense, durinu the year, from this or any rdated Charity. There vme no R91ale(I Party Transacn8 in Year. 12