BRITISH FRIENDS OF TIFERES CHAIM {Registered Chariiy No. 1121054) IAL STATEMENTS for Ihe yegr ended 30 September 2023 BRITISH FRIF.)DS OF TIFERES CHAIM II%DEX TO THE FINLNCIAL STATEMEI%T.S FOR THE YEAR ENDED 30 SEPTEMBER 2023 Page Tn￿le¢s, Report Independeni Examiner's Report Ststemeni of Financial Aclivities Balance She Notes io ihe Financial Ststements BRITISH FRIENDS OF TIFERES CHAIM TRUSTEES, REPORT The Trustees have pleasure in presenting their Report iogether with the Financial Statements of the Trust for Ihe year ended 30 Sepi¢mber 2023. LEGAL AND ADMINISTRATIVE IliFORMATIOY The Chariry is governed by a Deed of Declaralion of Trust dated 12 March 2007. Truslees are appoinied by the existing Truslees by Deed of Appointhjent and suithble recrnimieni and training proc¢durcs apply. The Tru51ees who served throughout the year were Mr Ashley Fisher. Mr Jerry Fried and Mr Julian Lewin. Day to day affairs of the charity are administered by the trusiees. the Chair of which is Mr Julian Lewin. OBJECTIVES AND POLICIES OF THE TRUST The Trusl was established for the advancemeni of the Jewish religion and culture among the Jewish community throughout the world. ACHIF.VEMENTS AND PERFORMANCE The trusiees considered the Charity Commission guidance on public benefit and in fulfillrnent thereof the charily continued its philanihropi¢ aclivities in support of religious, educational and other charitable organigations. with aggregate charitable expenditure of £515.746 in the year ￿ 30 September 2023. Besides supporting the Tiferes Chaim kollelim, an exciting project called CHA YEINU launch¢d recenily in Manchester coniinu¢s to be successful and our ACHIM project has been cxpanded. RESERVES POLICY AND GOING COYCEIL It is the Trust's policy to mainlain unrestricied funds in order to ensure that it is in a position to continue 115 Grani-making activitie5 and io cover contingencies of additional calls being made upon the Charity for support of organisations or institutions in times of need. INN'F.STMENT POLICY The Trusl Deed empowers the tnL8tees io make investmenLS which (he trUS￿S consider appropriate. The INstees aim to effect ini'esttnenls which. over a medium period of years, are anticipated to generaie a dependable flow of income Coupl￿ with capilal growth. GRANT-MAKING POLICY Grnnts are made to chariiable institutions and organisations in accordance with ihe objects of the charity. BRITISH FRIENDS OF TIFERES CHAIM TRLSTEES, REPORT ( CONTINUED ) RISK MANAGEMENT The Trusiees have assessed the major risks to which th¢ TnLSt is exp)sed. in particular those ￿ the operations and finances of the Tn￿1. and are satisfied ihat Sys￿mS are in place to mitigate its exposure to those risks. TRUSTEES, RESPONSIBILITIES The Trustees are required 10 prepare Financial Staiements for each financial year which gtve a true and fair view of the slate of 3ffairs of the Trust and of iis surplus or deficiency for tha( period. In preparing the Financial Stsiements. the Trustees are required to: select suitable accounting policies and apply them consisienily make judgements and Cstimaies thai are reasonable and prudent follow applicable accounling standards. subjeci to any maierial departures disclosed and explained in the Financial Sialemenls iv) prepare Ihe Financial Stsicments on thc going concem basis unless il is inappropriate to presume that thc trust will conlinue in business. The Trustees are responsible for mainlaining proper accouniing records which disclose with reasonabl¢ accurdcy ai any time (he financial position of ihe Trust and lo enable Ihem to ensure thal the Financial Statem¢nls comply wilh the Chariiics Act 2011. They are also responsible for safeguarding the assets of the Trust and hence for tsking reasonable S￿s for the prevention and detection of fraud and other irregularities. Mr Julian Lewin Trustee DAte: 281h June 2024 BRITISH FRIEJDS OF TIFERES CHAIM INDEPENDENT EXAMINER'S REPORT TO THE TRLSTEES OF BRITISH FRIENDS OF TIFERES CH.41M YEAR K￿DED 30 SEVFEMBER 2023 I r¢port on the accounts of the chariry for the year ended September 2023 set out on pag¢s 4 to 7. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER The chariry's mistees are responsible for the preparation of the accounts. The charity. Irusiees consider ihai an audiL is noi required for this yeaT under section 144 of ihe Chariiies Aci 2011 (Ihe Charities Aci) and that an independeni examination is needed. It is my responsibiliry io.. examine the accounts under section 145 of the Charities Act, to follow the proc¢dur¢s laid in ihe general Directions given by the Charity Cummission (under seciion 145(5Mb) of the Charilies Aci, and Lo state whether particular mai*rs have come to my atlention. BASIS OF INDF.PENDENT EXAMINER'S STATEMENT My Lxaminaiion Larricd uui in aLLor