2020-10-31-accounts

Trustees’ Annual Report for the period

From 01/11/2019 To 31/10/2020

Charity name: Manchester Montefiore Kollel (MMK)

Charity registration number: 1128720

18 Moor Lane, Kersal, Salford, M7 3WX

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance education in the Jewish faith and to train individuals to become Rabbis and teachers.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Tuition to community members and weekly sessions provided by the tutors. At least 16 hours per week of tuition has been provided to the community.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees confirm they have paid due regard to the charity commissioners guidance on public benefit when planning and carrying out the charity’s activities.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Daily and weekly study programs in the synagogue for adults and teenagers. Joint cross-community learning projects Fathers and sons learning projects Youth led synagogue services Pre festival educational projects

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	24,371
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Funds are held to cover any future expenses
Amount of reserves held	Para 1.22	23,633
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No uncertainties about the charity continuing.

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed dated 1 November 2008
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Unincorporated
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	New trustees are invited to act by the current trustees and are inducted into workings of the charity by the current trustees.

Names of the charity trustees who manage the charity

----- Start of picture text -----
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Judge Clement Goldstone
2 Mr Anton Hodari
3 Dr Yehuda Marshall
4 Dr David Marshall
5
6
7
8
9
10
11
12
13
14
----- End of picture text -----

15 16 17 18 19 20 Declarations The trustses declare that thèy have approvod the trustees, report above. Slgned on behalf of the charlty's trustees Slgnature(s} Full name(s) Position (eg Secretary, Chair. et¢) Date

Manchester Montefiore Kollel	Charity No
	(if any)		112870
Annualaccountsforthe period					CC17a
Period start date 01/11/2019 To Period end date 31/10/2020 Recommended categories by activity Details of own analysis Note Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Incoming resources from generated funds 74,956 - - 74,956 54,286 Voluntary income S01 - - - - - Activities for generating funds S02 - - - - - Investment income S03 - - - - - Incoming resources from charitable activities S04 - - - - - Other incoming resources S05 - - - - - S06 74,956 - - 74,956 54,286 Total incoming resources Section A Statement of financial activities ~~i~~
Resources expended (Notes 4-8)
Costs of Generating Funds - - - - Costs of generating voluntary income S07 485 - - 485 1,140 Fundraising trading costs S08 - - - - - Investment management costs S09 - - - - - Charitable activities S10 44,708 - - 44,708 54,869 Governance costs S11 636 - - 636 - Other resources expended S12 4,757 - - 4,757 1,190 S13 50,585 - - 50,585 57,199 S14 24,371 - - 24,371 2,913 - S15 - - - - - S16 24,371 - - 24,371 2,913 - Net incoming/(outgoing) resources before transfers Net incoming/(outgoing) resources before other recognised gains/(losses) Gross transfers between funds Total resources expended ~~Se~~
Other recognised gains/(losses)
Gains and losses on revaluation of fixed assets
S17 - for the charity’s own use	- -		-		-
S18 - Gains and losses on investment assets	- -		-		-
S19 24,371 Net movement in funds	- -		24,371	-	2,913 -
S20 738 - Total funds brought forward	- -	-	738 -		2,175
S21 23,633 Total funds carried forward	- -		23,633	-	738 -

CC17a (Excel)

26/08/2021

1

Section B Balance sheet Restn"ct•d Unr•¥trlct•d Income End¢)wmont Total this Total last yo•r Fixed assets Tanglble a$8ets F01 F02 F03 F04 F05 (Note 9) Investments INote 10) Total Ilxed assets Current assets Stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total current assets 224 224 Creditors: amounts falllng due wlthln one year (Note 121 B10 1.713 1,713 962 Net Curnnt aSse￿(lAab1I1t1•s) B11 738 rotal assets less cU￿t liabilities B12 738 Creditors: amounts falling due after one year (Note 121 B13 Provlslons for Ilablllties and charges B14 Net assets 815 26,634 26,634 738 Funds of the Charity Unrestricted funds B16 23,633 23,633 817 Restricted income funds {Note 13) Endowment funds INots 131 Bl8 B19 Total lun(ts 738 Signed by one or trustees on behalf of ￿1 the trustees Swdnatu Prinl Name Datg of roval CC17a {Excel) 2610812021

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

• Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);

• and with*  Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);

• and with the Charities Act.

[** except for the following].

Give details in this box if a different standard has been followed.

• -Tick as appropriate:

 if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;

 if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.

** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).

Give details in this box of any material changes that have been made.

§ if no changes have been made to accounting policies then delete these words.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years (§§ except for the following).

Give details in this box of any material changes that have been made.

§§ if no changes have been made to accounts for previous periods then delete these words.

CC17a (Excel)

31/08/2021

3

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
resources	 the charity becomes entitled to the resources;
	 the trustees are virtually certain they will receive the resources; and
	 the monetary value can be measured with sufficient reliability.
Incoming resources with	Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure	the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
	entitlement to the resources.
Tax reclaims on donations	Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts	which they relate.
Contractual income and	This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
	Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
	distributed by the charity.
	Gifts in kind for use by the charity are included in the SoFA as incoming resources when
	receivable.
Donated services and	These are only included in incoming resources (with an equivalent amount in resources
facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._
	The value placed on these resources is the estimated value to the charity of the service or
	facility received.
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Investment income	This is included in the accounts when receivable.
Investment gains and losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from
	revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation committing the
	charity to pay out resources.
Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of trustee
	meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance	Where the charity gives a grant with conditions for its payment being a specific level of service
conditions	or output to be provided, such grants are only recognised in the SoFA once the recipient of the
	grant has provided the specified service or output.
Grants payable without	These are only recognised in the accounts when a commitment has been made and there are
performance conditions	no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs	Support costs include central functions and have been allocated to activity cost categories on a
	basis consistent with the use of resources, eg allocating property costs by floor areas, or per
	capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use	These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity	are valued at cost or a reasonable value on receipt.
Investments	Investments quoted on a recognised stock exchange are valued at market value at the year
	end. Other investment assets are included at trustees' best estimate of market value.
Stocks and work in progress	These are valued at the lower of cost or market value.
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

CC17a (Excel)

31/08/2021

4

Section C Notes to the accounts (cont)

Note 3 Analysis of incoming resources

Incoming resources may be further analysed if this would help the reader of the accounts.

General grants provided by government /other charities Donations and gifts Total Total Total Total Activities for generating funds Investment income Incoming resources from charitable activities Analysis Voluntary income	This year Last year £ £ 43,610 37,854 28,347 16,432 - - - - - -
	71,956 54,286
	- - - - - - - - - -
	- -
	- - - - - - - - - -
	- -
	- - - - - - - - - -
	- -

CC17a (Excel)

31/08/2021

5

Section C Notes to the accounts (cont)

Note 4 Analysis of resources expended

Resources expended may be further analysed if this would help the reader of the accounts.

Governance costs Charitable activities Investment management costs Costs of generating voluntary income Fundraising trading costs	Total Accounts Total Analysis Printing and advertising Total Total Wages Educational events Total	This year Last year £ £ 485 1,140 - - - - - - - -
		485 1,140
		- - - - - - - - - -
		- -
		- - - - - -
		- -
		44,490 54,869 217 - - - - - - -
		44,708 54,869
		636 - - - - -
		636 -

CC17a (Excel)

31/08/2021

6

Section C Notes to the accounts (cont)

Note 5 Support Costs

Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

----- Start of picture text -----
Fundraising activity Charitable Activity Governance Activity Total Cost
Support cost type £ £ £ £
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Total - - - -
----- End of picture text -----

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).

Number of trustees who were paid expenses Nature of the expenses Total amount paid	This year Last year 0 0 0 0 £ £

6.2 Fees for examination or audit of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).

Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts	This year Last year £ £ 0 0 0 0

CC17a (Excel)

31/08/2021

7

Section C Notes to the accounts (cont)

Note 7 Paid employees Please complete this note if the charity has any employees.

7.1 Staff Costs

Fundraising Charitable Activities Governance Other Total Gross wages, salaries and benefits in kind The parts of the charity in which the employees work 7.2 Average number of full-time equivalent employees in the year Employer’s National Insurance costs Pension costs Total staff costs	This year Last year £ £ 44,490 54,869 - - - -
	44,490 54,869
	This year Last year Number Number - - 9 9 - - - -
	9 9

7.3 Defined contribution pension scheme

Please complete if a defined contribution pension scheme is operated. Brief details of the scheme

The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end

	This year	Last year
	£	£

CC17a (Excel)

31/08/2021

8

Section C Notes to the accounts (cont)

Note 8 Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

8.1 Total value of grants

----- Start of picture text -----
Grants to Grants to
institutions individuals
Purpose for which grants made Total amount £ Total amount £
- -
- -
- -
- [ - ]
- [ - ]
- [ - ]
Total - -
----- End of picture text -----

8.1 Grantmaking costs

If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.

Support costs of grantmaking

£

8.3 Grants made to institutions

If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.

institutions supported.
Names of institutions Purpose Total grants to institutions	Total amount of grants paid £ - - - - - - - - - -
	-

CC17a (Excel)

31/08/2021

9

Section C Notes to the accounts (cont)

Note 9 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

9.1 Cost or valuation

		Freehold land	Freehold land		Other land &	Plant,	Plant,	Fixtures,	Payments on	Payments on	Total
		& buildings			buildings	machinery		fittings and	account and
						and motor		equipment	assets under
						vehicles			construction
		£			£	£		£		£	£
Balance brought			-		-		-	-		-	-
forward
Additions			-		-		-	-		-	-
Revaluations			-		-		-	-		-	-
Disposals			-		-		-	-		-	-
Transfers *			-		-		-	-		-	-
Balance carried			-		-		-	-		-	-
forward
9.2 Accumulated depreciation and				impairment provisions
	**Basis	SL or RB			SL or RB	SL or RB		SL or RB	SL	or RB
	** Rate
Balance brought			-		-		-	-		-	-
forward
Depreciation charge			-		-		-	-		-	-
for year
Impairment provisions			-		-		-	-		-	-
Revaluations			-		-		-	-		-	-
Disposals			-		-		-	-		-	-
Transfers*			-		-		-	-		-	-
Balance carried			-		-		-	-		-	-
forward
9.3 Net book	value
Brought forward			-		-		-	-		-	-
Carried forward			-		-		-	-		-	-

9.4 Revaluation

If any fixed assets have been revalued please give details of the valuer and method of valuation

* The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.

CC17a (Excel)

31/08/2021

10

Section C Notes to the accounts (cont)

Note 10 Investment assets

Please complete this note if the charity has any investment assets.

10.1 Fixed assets investments

Add/(deduct):net gain/(loss) on revaluation Carrying (market) value at beginning of year Carrying (market) value at end of year Add:additions to investments at cost Less:disposals at carrying value	£ - - - -
	-

Please provide below:

10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.

10.3 A breakdown of the income from investments agreeing with SOFA row S03.

Analysis of investments Other investments Total Investment properties Securities not listed on a recognised Stock Exchange Cash held as part of the investment portfolio Investments listed on a recognised stock exchange or held in common investment funds, open ended investment companies, unit trusts or other collective investment schemes Investments in subsidiary or connected undertakings and companies

10.2 10.3 Market value at year end Income from investments for the year £ £ - - - - - - - - - - - -

- -

10.4 Material investment holdings

If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.

Investment held

Market Value

CC17a (Excel)

31/08/2021

11

Section C Notes to the accounts (cont)

Note 11 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

Analysis of debtors Trade debtors Amounts due from subsidiary and associated undertakings Other debtors Prepayments and accrued income Total	This year Last year This year Last year £ £ £ £ - - - - - - - - - - - - - - - - Amounts falling due within one year Amounts falling due after more than one year
	- - - -

Note 12 Creditors and accruals

Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors

12.1 Analysis of creditors
Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income Total	This year Last year This year Last year £ £ £ £ - - - - - - - - - - - - 4,713 962 - - - - - - Amounts falling due within one year Amounts falling due after more than one year
	4,713 962 - -

12.2 Security over assets

If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.

CC17a (Excel)

31/08/2021

12

Section C Notes to the accounts (cont)

Note 13 Endowment and restricted income funds

Please complete this section if the charity has any endowment or restricted income funds.

13.1 Funds held

Please give a brief description of any of the following type of funds held by the charity:

• permanent endowment funds (PE);

• expendable endowment funds (EE); and

• restricted income funds, including special trusts, of the charity (R).

Type PE, EE Fund Name Purpose and Restrictions or R

13.2 Movements of major funds

Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.

				Fund							Fund
				balances							balances
				brought		Incoming	Outgoing		Gains and		carried
				forward		resources	resources	Transfers	losses		forward
Fund	names			£		£	£	£		£	£
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
					-	-	-	-		-	-
		Total	Funds		-	-	-	-		-	-

13.3 Transfers between funds

Please give details of any transfers between funds.

From Fund (Name) To Fund (Name) Reason Amount

CC17a (Excel)

31/08/2021

13

Section C Notes to the accounts (cont)

Note 14 Transactions with related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.

14.1 Remuneration and benefits

Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.

----- Start of picture text -----
Amounts paid or benefit value
Legal authority (eg order,
Name of trustee or connected party
governing document) This year Last year
£ £
----- End of picture text -----

14.2 Loans

Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.

Due to trustees and related parties Due from trustees and related parties	Name of trustee or connected party Legal authority	This year Last year £ £ Amount owing

14.3 Other transaction(s) with trustees or related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.

Name of the trustee	Relationship to	Description of the	This year	Last year
or related party	charity	transaction(s)	£	£

CC17a (Excel)

31/08/2021

14

Section C Notes to the accounts (cont)

Note 15 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

31/08/2021

15

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Charity Name trustees/ members Manchester Montefiore Kollel of 31 October 2020 Charity 1128720 On accounts for the no (if year ended any) Set out on pages

(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .

Responsibilities and As the charity trustees of the Trust, you are responsible for the basis of report preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material examiner's matters have come to my attention (other than that disclosed statement below *) in connection with the examination which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or

• the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

• Please delete the words in the brackets if they do not apply.

Date: 26/08/2021

Signed:

Name: Adam Caplan PY

1

IER

October 2018

Relevant FCA professional qualification(s) or body (if any):

Address: FFT, Reedham House, 31 King Street West, Manchester, M3 2PJ

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

2

IER

October 2018

Give here brief details of any items that the examiner wishes to disclose .

3

IER

October 2018