Registered Charity No. 1123296 CHANICHEI YESHIVOS Financial Statements For the year ended 31 March 2024 Sefton Yodaiken & Co Chartered Accountants Fairways House George Street Prestwich Manchester M25 9WS • Chanichei Yeshivos• Annual Report For the year ended 31 March 2024 Chanichei Yeshivos is constituted by Deed of TnLSt and is a registered charity, charity number 1123296. Its address is at 63 Whitehall Road Gateshead Tyne and Wear NE8 4ER. The charity trustees during the year were; Mr. Aharon Davis Mr. Norbert Aronson Mr. Jeffrey Steiner The objects of the charity are as follows: To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time (Kcupation of individuals who have need of such facilities by reason of their youth, age, infirniity or disability, financial hardship or social circumstantrs with the object of improving their condition of life.; 2) To relieve financial hardship of young men training to be Rabbis and. 3) To support such other general charitable purposes, which are recognised as charitable according to the charitable law of Ensland and Wales. The adrninlstration of the trust Is carried out by the trustees. on behalf of the Board of Trustees Trustee 23 January 2025 • Chanithei Yeshivos • Independent examiners report for the trustees For the year ended 31 March 2024 I report on the accounts of the Trust for the year ended 31 March 2024 which are set out on pages 4 to 5. Respective responsibilities of trnstees and examinei 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 apply. It is my responsibility to state, on the basis of procedures 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 Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently do not express an audit opinion on the view given by the account5. Independent examiner's Statement In connection with my examination, no matter has come to my attentio (1) Which gives me reasonable cause to believe that in any rnaterial respect the requirements (I) to keep accounting records in accordance with section 130 of the Act" (li) to prepare accounts which accord with the accountin8 records and to comply with the accountins requirement of the Act have not b￿n 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 23 January 2025 Sefton Yodaiken & Co Fairtuays House George Street PTestwich, M25 9WS Statement of Financial Activity • Chanichei Yeshivos • For the year ended 31 March 2024 2024 2023 Notes Incoming resources Donations Grant income 52,124 9,950 49,813 Total incoming resources 61074 49,813 Resources expenditure Education grants and donations Administrative expenses Governance costs 36,762 25,786 350 37,305 34,093 350 Total expenditure 62,898 71,748 Net deficit for the year Surplus B/F (824) 5,657 (21,935) 27,592 Surplus C/F 4,833 5,657 Balance Sheet As at 31 March 2024 • Chanichei Yeshivos• 2024 2023 Notes Current agsetg Debtois Cash in bank 6,OCK) 11,433 6,000 11,907 17,433 (12,6(K)) 17,907 (11250) Less creditors 4,833 5,657 Fttnds Unrestricted 4,833 5,657 Approved by the trustees on 23 January 2025 and signed on their behalf. Mr. A. Dav Trustee Notes to the Financial Statements For the year ended 31 March 2024 • Chanichei Yeshivos• Accounting Poliaes These accounts have been prepared under the historical c(Bt ci)nvention and in accordance ￿th applicable accounting standards and the charities statement of recommended practise on accountins by Ch￿ltieS (SORP 2005) issued in March 2005 and the Charities Art 2011) and the Finanaal Reporting Standard for Smaller Entities (effective April 2008). Administrative Expenses 2024 2023 Rates Repairs and maintenance Heat, light and telephone Water Library costs Promotion and advertising Events and activities aeaning and office supplies Insurance Wages Professional Sundry 738 1,674 9.035 5,743 2,399 39 230 3,047 1,241 891 9,￿0 3,731 3,226 192 273 6,311 1,534 973 7,200 356 365 194 25,786 34,(Y)3 Governance Costs 2024 2023 Accountancy 350 350 Notes to the Financial Statement6 For the year ended 31 March 2024 • Chanichei Yeshivos• Debtors: amounts due within one year 2024 2023 Loan debtors 6,000 6,000 Creditors: amounts due within one year 2024 2023 Trade creditors Other creditors 700 11,900 350 11,900 12,600 12,250 Trustees No remuneration was paid and no expenses were reimbursed to the trustees during the year.