CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From 0111112020 To 3111012021 Charlty name: Manchestsr Montsfiore Kollel (MMK) Charity r•gi8tration number 1128720 18 Moor Lane, K•r8al. Salford. M7 3WX Objectlves and Actlvltles Summary of the purposes of the charlty as set out In Its overnin document Summary of the main activities In relation to purposes for the public benefft, In p8rtlcul8r, the activities, proJeGts or servicas Identified In the accA)unts. Statement eonfimilng whether the trustees have had regard to the guldance Issued by the Charity Commission on publlc benefft Pw• 1.17 To advan educatlon In the J•wlsh falth and to traln Indlvldualo to com• Rabbls and toacher8. Tultlon to communlty Momrn and weekly stsslons provlded by the tutors. At least 16 hours por weok of tultlon has b••n provldod to thé communlty. 1.17w 1.19 Pwa 1.18 The Iru•toe8 confirm th•y hav• pald duè rngard to the charlty cmISsIonal8 guldanca on publlc bonofit whon plannlng and carrylng out the charlty'• actfvltles. Achlevements and Perfonnance Dalty and we8kly study programs In the synagogue for adults and t••nager•. Jolnt crossrycommunlty lurnlng projects Summary of the main achievements of the chlty, identifying the dlfference the charity's work has made to the circumstances of sts beneficiaries and any wider benefits to soclety as a whole. Pw¥ 111 Fathers and Sons learnlng proSoct• Youth led synagogue servlces Pre f•stlval èducatlonal proj•et• Financial Review
Review of the charity's financial position at the end of the eriod Statement explaining the policy for holding reserves statin wh the are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern 121 16,258 Parn 122 Funds are held to Cover any future expenses Para 122 39,892 Pwa 122 Pard 124 Pw•123 No uncertalntles about the charfty continuing. Structure. Governance and Management Descrtptlon of charlty's trusts: Type of goveming document Pwa 125 Trust dgod dated 1 Novembor 2009 How is the charty constltuted? Pwg125 Unlncorporated Ited Trustee selection methods Including details of any constitutional provisions e.g. election to post or namo of any person or body enutled to appoint one or more trustees Pw8 125 New trustees are Invlted to act by the current truste08 and are Inducted Into workings of the charfty by thg Currenl truste. Names of Ihe charlty trustees who manage the charlty Tnwt•• nam• Olllc• {11 •ny) Dat•• act•d 11 not forwhol• Nam• of por¥on lor body) ontltl•d Int tru•ts• Ifan Judge Clement Gokystone Mr Anton Hodari Dr Yehuda Marshall Dr David Marshall 10 12 13 14
15 16 17 18 19 Dèclarations Tho trust6 d•claro that thoy have approved the trwtoes. rewt abovo. Slgnod on behalf of tho charws trusto Slgnaturnl8) Full nam•(8} Po8ltlon (og Socretaryi Chalr, otc) l)f(U If) JCJ EP4 MI¥Ls4AL CkftlL. £4 knJ'lL
CHARITY COMMISSION FOR ENGLAND AND WALES 1.1dn¢h,OSLer DAonte?ore Koilei Charity Nc 112870 Annual accounts for the PprKa 01M1f2020 31noR021 Section A Statement of financial activities R•comm•nd•d catsgorf•s by •ctlvlty Prfor funds Tolal lund• lunds fw( Incomlng ro•ources {Nol• 3) F01 F02 F03 F04 F05 Incom• and ènd0nts frty.' Total R080tIlU• oxpondod (Not• 6) Exp•ndltur• on: 485 810 Olhar rot•l st1 1.465 1,465 5,392 S12 Plot Incomel(oxpendliure) bofor• Inv••t galn•lllouM) S13 16.258 18,258 24,371 Not nall10•I on Invests N•t Incorno1(•¥p•ndltur•) Extraordlnary ltsmg Transfer8 bglween fund• Othor r¢¢ognlséd ga1n8lllom). 31S 16.258 16.258 24.371 $18 817 otrg8181hjal851 N•t mov•m•ntln lunds S19 16.258 16,258 Reeon¢lll•rfon of lund$.' TrABI fvndB brwhtfoThvard Total funds c•rfod ft•nv•rd 23.634 39,892 738
Section B Balance sheet incomo Endowm•nt Totsl thh Total last Flxed assets Intanglblo assets Tanglbl& a8s9ts Herltage Investmonts F01 F02 F03 F04 F05 (Note 15) (Nole 14) {Note 16) (Noto ln Total t7xed assets Currént assets Stock8 (Not• 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and In hand (Nots 24) Tot•1 Giirrent •ssel8 B10 28,347 28.347 Cradttorn: amounts falllng duo wlthln ono year (Nots 20) 4.526 4,526 1,713 Net cunynt •s8otrfll•bllftl•s) 812 26,634 Total •8Mts l•ss curnt Ilablllll•s B13 26.634 Crodltors: amounts falllng due aft•r one yoar (Note 20) Provl•lon• for Ilablllll•• B14 815 Total net assets orll•blllll•s Funds of the Charlty Endowment lund3 (Note 2n RestrlGted Income funds {Nots 27) Unrostri¢tsd fvnd• Rovaluatlon reservo 39,892 39,892 26,634 817 B16 B19 39,892 39.892 Total funds 26.634 Slgned by on& c* two tNstees on beh8Wof al the tnJsteg8 Date of approval ddlmml Shybature Print Name VLD 0£ MArL£VAI 2L CC17a {Ex¢o11 2eio8r2022
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 under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
-
the Statement of Recommended Practice: Accounting and Reporting by Charities
-
• and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
-
• and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.
-
-Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
1.3 Change of accounting policy
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The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes
-Tick as appropriate
No
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
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| Yes No No changes to a 1.4 Changes t |
ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). o accounting estimates |
ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). o accounting estimates |
|---|---|---|
| |
* -Tick as appropriate |
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.
1.5 Material prior year errors
| Yes No No material prior Please disclose (i) the nature of (ii) for each pri amount of the c affected; and (iii) the amount earliest prior pe |
year erro | r have been identified in the reporting period (3.47 FRS 102 SORP). |
|---|---|---|
| |
* -Tick as appropriate | |
| : the prior or period orrection of the co riod pres |
period error; presented in the accounts, the for each account line item rrection at the beginning of the ented in the accounts. |
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Section C Notes to the accounts (cont)
Note 2 Accounting policies 2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.
| Recognition of income Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; · it is more likely than not that the trustees will receive the resources; and the monetary value can be measured with sufficient reliability. Donated goods Contractual income and performance related grants Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Support costs The charity has incurred expenditure on support costs. Volunteer help Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
Yes No N/a Yes No N/a Yes No N/a Yes No N/a N/a N/a Yes No N/a Yes No N/a Yes No N/a N/a N/a N/a N/a Yes No N/a N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a |
|---|---|
| 2.4 ASSETS Intangible fixed assets Heritage assets Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. 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. They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service 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 performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Investment gains and losses The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Tangible fixed assets for use by charity The depreciation rates and methods used are disclosed in note 9.2. Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. They are valued at cost. These are capitalised if they can be used for more than one year, and cost at least Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial instruments |
Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a Yes No N/a |
|---|---|
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The charity has has investments which it holds for resale or pending their sale and cash and cash Yes No N/a
equivalents with a maturity date less than one year. These include cash on deposit and cash
Current asset investments
equivalents with a maturity date of less than one year held for investment purposes rather than to 2
meet short term cash commitments as they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
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Section C Notes to the accounts (cont)
Note 3 Analysis of income
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Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 22,312 - - 22,312 28,347
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities 49,560 - - 49,560 43,610
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 71,872 - - 71,872 71,957
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 71,872 - - 71,872 71,957
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
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Section C Notes to the accounts (cont)
Note 6 Analysis of expenditure
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This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies
- - - - - - - -
Incurred seeking grants
- - - - -
Operating membership schemes and
social lotteries
- - - - -
Staging fundraising events
- - - - -
Fudraising agents
- - - - -
Operating charity shops
- - - - -
Operating a trading company
undertaking non-charitable trading
activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new source of future income
- - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Wages 54,148 - - 54,148 44,490 - - 44,490
Educational events - - - - 217 - - 217
- - - - - - - -
- - - - - - - -
Total expenditure on charitable
activities 54,148 - - 54,148 44,707 - - 44,707
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Bank Charges 92 - - 92 125 - - 125
Accounts 874 - - 874 636 - - 636
Insurances 482 - - 482 481 - - 481
Rent 1,350 1,350
Maintenance 2,800 2,800
PAYE interest 17 - - 17 - - - -
Total other expenditure 1,465 - - 1,465 5,392 - - 5,392
TOTAL EXPENDITURE 55,614 - - 55,614 50,099 - - 50,099
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Other information:
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Analysis of expenditure on charitable activities
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This year Last year
Activities Grant Activities Grant
Support Total this Support Total last
Activity or programme undertaken funding of undertaken funding of
Costs year Costs year
directly activities directly activities
£ £ £ £ £ £ £ £
Activity 1 - - - - - - - -
Activity 2 - - - - - - - -
Other - - - - - - - -
Total - - - - - - - -
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Section C Notes to the accounts
Note 10 Details of certain items of expenditure
10.1 Fees for examination 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. If nothing was paid please enter '0' in the appropriate box(es).
| Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees |
This year Last year £ £ - - - - - - - - |
|---|---|
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Section C Notes to the accounts (cont)
Note 11 Paid employees Please complete this note if the charity has any employees.
11.1 Staff Costs
| This year: Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) |
This year Last year £ £ 54,148 44,490 - - - - |
|---|---|
| 54,148 44,490 | |
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year:
Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party
Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000
| £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90,000 to £99,999 £100,000 to £109,999 Band Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28. |
This year Last year - - - - - - - - - - This year Last year £ £ - - Number of employees |
|---|---|
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| 11.2 Average head count in the year The parts of the charity in which the employees work |
Fundraising Charitable Activities Governance Other Total |
This year Last year Number Number - - 11 9 - - - - |
|---|---|---|
| 11 9 |
11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.
| This year Last year This year Last year Please state the amount of the payment (or value of any waiver of a right to an asset) Please explain the nature of the payment Please state the legal authority or reason for making the payment |
This year Last year £ £ - - |
|---|---|
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11.4 Redundancy payments
Please complete if any redundancy or termination payment is made in the period.
| The nature of the payment (cash, asset etc.) Total amount of payment Please state the accounting policy for any redundancy or termination payments The extent of redundancy funding at the balance sheet date |
This year Last year £ £ - - This year Last year £ £ - - |
|---|---|
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Section C Notes to the accounts (cont)
Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.
12.1 Please complete this note if a defined contribution pension scheme is operated.
| Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds. Amount of contributions recognised in the SOFA as an expense |
This year £ - |
Last year £ - |
|---|---|---|
12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.
Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different
12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.
Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan. If this is different for last year, provide details
Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details
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Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
| 14.1 Cost or valuation | ||||||||
|---|---|---|---|---|---|---|---|---|
| Freehold land buildings £ |
& | Other land & buildings £ |
Plant, machinery and motor vehicles £ |
Fixtures, fittings and equipment £ |
Total £ |
|||
| At the beginning of the year | - | - | - | - | - | |||
| Additions | - | - | - | - | - | |||
| Revaluations | - | - | - | - | - | |||
| Disposals | - | - | - | - | - | |||
| Transfers * | - | - | - | - | - | |||
| At end of the year | - | - | - | - | - | |||
| 14.2 Depreciation and impairments | ||||||||
| **Basis | SL or RB (Straight Line or Reducing Balance) |
SL or RB | SL or RB | SL or RB | SL or RB | |||
| ** Rate | ||||||||
| At beginning of the year | - | - | - | - | - | |||
| Disposals | - | - | - | - | - | |||
| Depreciation | - | - | - | - | - | |||
| Impairment | - | - | - | - | - | |||
| Transfers* | - | - | - | - | - | |||
| At end of the year | - | - | - | - | - | |||
| 14.3 Net book value | ||||||||
| Net book value at the beginning of the | year | - | - | - | - | - | ||
| Net book value at the end of the year | - | - | - | - | - |
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14.4 Impairment
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This year: Please provide a description of the events and circumstances that
led to the recognition or reversal of an impairment loss.
Last year: Please provide a description of the events and circumstances that
led to the recognition or reversal of an impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the assets been - -
carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of - -
tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition of tangible - -
fixed assets.
(iii) Details of the existence and carrying amounts of property, plant and
equipment to which the charity has restricted title or that are pledged as
security for liabilities.
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* 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.
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Section C Notes to the accounts (cont)
Note 15 Intangible assets
Please complete this note if the charity has any intangible assets
15.1 Cost or valuation
| Research & development £ |
Research & development £ |
Research & development £ |
Patents and trademarks £ |
Patents and trademarks £ |
Other £ |
Total £ |
|||
|---|---|---|---|---|---|---|---|---|---|
| At beginning of the year | - | - | - | - | |||||
| Additions | - | - | - | - | |||||
| Disposals | - | - | - | - | |||||
| Revaluations | - | - | - | - | |||||
| Transfers * | - | - | - | - | |||||
| At end of the year | - | - | - | - | |||||
| 15.2 Amortisation and | impairments | ||||||||
| **Basis | SL | or RB | SL or RB | SL or RB | SL or RB | Straight Line ("SL") or Reducing Balance ("RB") |
|||
| ** Rate | |||||||||
| At beginning of the year | - | - | - | - | |||||
| Disposals | - | - | - | - | |||||
| Amortisation | - | - | - | - | |||||
| Impairment | - | - | - | - | |||||
| Transfers* | - | - | - | - | |||||
| At end of year | - | - | - | - | |||||
| 15.3 Net book value | |||||||||
| Net book value at the beginning | - | - | - | - | |||||
| of the year | |||||||||
| Net book value at the end of the | - | - | - | - | |||||
| year |
15.4 Accounting policy
Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates
Policies for the recognition of any capital development
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15.5 Impairment
This year:
Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
Last year:
Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
15.6 Revaluation
If an accounting policy of revaluation is adopted, please provide:
This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied
the carrying amount that would have been recognised
had the assets been carried under the cost model.
15.7 Other disclosures
(i) If your intangible asset was acquired by way of grant,
provide value on initial recognition and carrying amount
of the asset.
(ii) Details of the carrying amounts of any intangible
assets to which the charity has restricted title or that are
pledged as security for liabilities.
(iii) Please provide the amount of contractual
commitments for the acquisition of intangible assets.
(iv) State the amount of research and development
expenditure recognised as expenditure in the year.
(v) Please detail the headings in the SOFA in which a
charge for amortisation of intangible assets is included.
(vi) For any material intangible assets, please provide a
description, its carrying amount and any remaining
amortisation period.
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* 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.
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Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors
Trade debtors Prepayments and accrued income Other debtors
----- Start of picture text -----
This year Last year
£ £
- -
- -
- -
- -
----- End of picture text -----
Total
Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.
19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
| Prepayments and accrued income Other debtors Total Trade debtors |
This year Last year £ £ - - - - - - - - |
|---|---|
| - - |
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Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
| Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total |
This year Last year This year Last year £ £ £ £ - - - - - - - - - - - - - - - - - - - - - - - - 4,526 4,713 - - Amounts falling due within one year Amounts falling due after more than one year |
|---|---|
| 4,526 4,713 - - |
20.2 Deferred income
| 20.2 Deferred income | |
|---|---|
| Please explain the reasons why income is deferred. Movement in deferred income account Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period Please complete this note if the charity has deferred income. This year |
This year Last year £ £ - - - - - - Last year |
| - - |
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Section C Notes to the accounts (cont)
Note 24 Cash at bank and in hand
| Note 24 Cash at bank and in hand | |
|---|---|
| Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits |
This year Last year £ £ - - - - 44,418 28,347 - - |
| 44,418 28,347 |
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of
Charity Name
Manchester Montefiore Kollel
| members of | Manchester Montefiore Kollel | Manchester Montefiore Kollel | ||
|---|---|---|---|---|
| On accounts for the year | Charity no | |||
| ended | 31 October 2021 | (if any) | 1128720 | |
| Set out on pages | ||||
| (remember to include the page numbers of additional sheets) | (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 31 / 10 / 2021 DD / MM / YYYY . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
------------------------------------------------------------------------------------------- Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement -------------------------------------------------------------------------------------------------undertake the examination by being a qualified member of [insert name of ----------------------------------------------------------------------applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have ---------------------come to my attention in connection with the examination (other than that ------------------------disclosed below *) which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report 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.
Signed: Date: 10/08/2022 Name: Adam Caplan
Relevant professional qualification(s) or body FCA
Oct 2018
1
IER
(if any):
Address: FFT, Reedham House, 31 King Street West, Manchester, M3 2PJ
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER