Registered Charity No. 1123296 CHANICHEI YESHIVOS Financial Statements For the year ended 31 March 2023 Sefton Yodalken & Co Chartered Accountant8 Fairways House George Street Prestwich Manchester M25 9WS •Chanichei Yesluvos. Annual Report For the year ended 31 March 2023 Chanichei Yeshivos is constitutsd by Deed of Trust and is a registered charity, charity number 1123296. Its address is at 63 Whitehall Road Gateshead Tyne and Wear NE8 4EIL The charity t￿￿teeS during the year were: Mr. Aharon Davis Mr. Norbert Aronson Mr. Jeffrey Steiner The objects of the CEL￿lty are as follows.. To provide or assist in the provision of faalities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumsknes with the object of improving their condition of life.. 2) To relieve financial Iwdship of young men training to be Rabbis and. 3) To support suth other general charitable purposes, which are recO￿lSea as charitable according to the charitable law of England and Wales. The administration of the trust is carried out by the trustees. For and on behalf of the Board of Tn￿teeS Mr. A. Davis Trnstee 30 May 2024 .Chanichei Yeshivos• Independent examiners report for the trustees For the year ended 31 March 2023 I report on the accounts of the Trust for the year ended 31 March 20J which are set out on pages 4 to 5. Respective responsibilxties of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts. You consider that the audit requirement of section 144 of the Charities Act 2011 {the Act) does not appIy. It is my responsibility to state, on the basis of PrO￿dureS specified in the General Directions given by the Charity Commissioners under section 145{5)(b) of the Act, whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General DirectÈons given the Charity Conunissioners. An examination includes a review of the accounting Tecords kept by the charity and a comparison of the accounts presented with those Tecords. It also includes consideration of any unusual items or disdosures in the accounts. and seeking explanations from you as trustees concerning any such matters. The pr(Kedures undertaken do not provide all the evidence that would be requxred in an audAt, and consequently do not express an audit opinion on the view given by the accounts. Independent examinerf8 8tatement In connection with my examination, no matter has come to my attention: (l) Whith gives me reasonable cause to believe that in any material respect the requirenwLts (I) to keep accounting Tecords in accordance with sectton 130 of the Act (li) to prepare accounts which accord with the accounting records and to comply with the accountAng requirement of the Act have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mr. S. Yodaiken 30 May 2024 Sefvn Yodaiken & Co Ffiirn?oys House George Street Prestwich, M25 9WS •Chanichei Yeshivos• Statement of Financial Activity For the year ended 31 March 2023 2023 2022 Notes Incomlttg resources Donations Grant income 49￿13 52,805 10,000 Total incomin8 resources 49813 62,805 Resources expenditure Education grants and donations Administrative expenses Governance costs 37J05 34,093 350 30,605 19,952 Total expenditure 71,748 So,￿7 Net (deficit)/suTplus foT the year Surylus B/F (21,935) 27,592 11,898 15,694 surp1￿$ C/F 5,657 275 .Chanichei Yeshivos• Balance Sheet As at 31 March 2023 2022 Notes Current assets Debtors Cash in bank 11,907 33042 17,907 (122XY) 39,842 (122XJ) Less creditors 5,657 27,592 Funds Unrestricted 5fi57 27592 Approved by the trustees on 30 May 2024 and signed on their behalf. Mr. A. Davis Trustee •Chanichei Yeshivos• Notes to the Financial Statements For the year ended 31 March 2023 Accounting Polieies These accounts have be￿) prepared under the historical cost convention and in accordance with appIicable accountin8 Standards amd the charities statement of recommended practise on accounting by charities (SORP 2005} issued in March 2005 and the Charities Act 2011) and the FAnancial Reporting Standard for Sndler Entities (effective April 2008). Administrative Expen$e8 2022 Rates Repairs and maintenance Heat, light and telephone Water Library costs Promotion and advertising Events and activities Cleaning and office supplies Insuran Wages sundry Ih74 3,185 5,743 1,037 39 230 3,047 1241 891 9,600 194 1,947 1,311 8AOO 131 34,093 19,952 Governance C08ts 2023 2022 350 350 •Chanichei Yeshivos• Notes to the Financial Statements For the year ended 31 March 2023 Debtors: amounts due within one year 2U23 2022 Loan debtors 6,000 6,000 CTedxtor& amounts due within one year 2023 2022 Trade creditors Other creditors 350 I1,￿K) 300 11.900 12,250 Trnstees No remuneration was paid and no expenses were reimbursed to the trustees during the year.