2024-01-31-accounts - British Friends Of Seeach Sod

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CHARITY REGISTRATION NUMBER - 1149062

BRITISH FRIENDS OF SEEACH SOD

Accounts

For the year ended 31 January 2024

British Friends Of Seeach Sod

Summary information the year ended 31 January 2024

1 Constitution

British Friends of Seeach Sod is constituted by a constitution dated 1[st] February 2012 and registered with the charity commission on 24[th] September 2012.

2 Registered number

1149062

3 Address

163 Kyverdale Road London N16 6PS

4 Trustees during the year

Mrs Toby Kahan Mrs Simi Bard Mrs Libby Winegarten Mr Moshe Winegarten

5 Agents and Advisers

Independent Examiner

Gary Harris FCA Chartered Accountant Brulimar House Jubilee Road M24 2LX

British Friends Of Seeach Sod

Index to the accounts for the year ended 31 January 2024

	Page
Independent Examiner�s Report	4
Trustee�s Report	5-6
Statement of Financial Activities	7
Balance Sheet	8
Accounting Policies	9

British Friends of Seeach Sod

Independent Examiner�s Report to the Trustees of British Friends of Seeach Sod

I report on the accounts of British Friends of Seeach Sod for the year ended 31 January 2024, which are set out on pages 7 to 9.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state 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 Commission. 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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. .......................................................................................... Date ..........................................

Gary Harris FCA Chartered Accountant Brulimar House

Jubilee Road

M24 2LX

British Friends of Seeach Sod Financial Statements year ended 31/01/2024

The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' March 2011 in preparing the financial statements of the Charity.

OBJECTIVES AND ACTIVITIES

PUBLIC BENEFIT

The trustees confirm that they have referred to the guidance contained in the Charity Commission�s general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity�s aims and objectives and in planning future activities and setting grant making policy for the year.

The trustees have complied with their duty of the Charities Act 2011 to have due regard to guidance published by the Charity Commission.

The board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.

Grant Making Policy

The Trustees meet quarterly and, depending on the level of reserves, discuss what level of support the Charity can make. The Charity also receives requests for support and discusses these at their meetings. A decision to support must, be approved by the majority of the Trustees.

The principal objectives of the Charity are:

The furtherance of the religious education of the students at Seeach Sod school for children with special needs in Israel by the provision of grants and other financial assistance; provision of education so that the pupils at the school are prepared for the opportunities and responsibilities of later life.

ACHIEVEMENTS AND PERFORMANCE

At the end of the year the charity has surplus funds of £29,491 available to donate to the Seeach Sod Organization. (The charity made donations of some £38,000 in the year ended 31[st] January 2023)

Monies are raised by way of charitable donations received from companies and individuals.

FINANCIAL REVIEW

Investment Policy

All funds during the year were held in one bank account.

Reserve Policy

The charity retains sufficient reserves to meet urgent appeals.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is constituted by a constitution dated 1[st] February 2012 and registered with the charity commission on 24[th] September 2012 under charity number 1149062.

The trustees in office in the year were as follows:

Mrs Toby Kahan Mrs Simi Bard Mrs Libby Winegarten

Mr Moshe Winegarten

The power of appointing a new trustee or trustees hereof shall be vested in a majority in number of the trustees. If there is only one trustee for the time being the provision

of section 36 trustees act 1925 shall have affect.

RISK MANAGEMENT

The trustees regularly undertake a review of the major risks to which the charity is exposed, and systems designed to mitigate those risks are considered

on an ongoing basis.

REFERENCE AND ADMINISTRATIVE DETAILS

Reference and administrative details are set out on page 2 and form part of this report.

The trustees declare they have approved the trusteed report above.

SIGNED ON BEHALF OF THE BOARD OF TRUSTEES:

Toby Kahan (Trustee) 30[th] October 2024

BRITISH FRIENDS OF SEEACH SOD

Statement Of Financial Activities For the year ended 31st January 2023

INCOMING RESOURCES Incoming resources from generated funds Donations and legacies Total income Resources Expensed Charitable activities Other Accountancy Total Expenditure NET INCOME / (EXPENDITURE) Reconciliation of funds Total funds brought forward Total funds carried forward	2024 £ 25,946 25,946 - 842 660 1,502 24,444 5,047 29,491	2023 £ 42,086 42,086 38,000 161 - 38,161 3,925 1,122 5,047

All of the above amounts relate to continuing activities.

Page 7

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BRITISH FRIENDS OF SEEACH SOD
Balance sheet
As at 31st January 2024
2024 2023
£ £
CURRENT ASSETS
Cash at bank in hand 30,151 5,047
LESS CURRENT LIABILITIES
Creditors 660 -
29,491 5,047
Represented by -
FUNDS OF THE CHARITY
UNRESTRICTED FUNDS - SURPLUS 29,491 5,047
29,491 5,047 -
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The financial statements were approved by the Board of Trustees on 30/10/2024 and were signed on its behalf by:

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ON BEHALF OF THE BOARD:
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��..

Toby Kahan

Page 8

BRITISH FRIENDS OF SEEACH SOD

Notes to the Financial Statements For the period ended 31st January 2024

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the statement of recommended practice: Accounting and Reporting by charities preparing their accounts in with the financial reporting standard applicable in the Uk and republic or Ireland (FRS 102) issued on 16 July 2014, and with the Charities Act 2011

Donations

Donations are included in the year in which they are received, which is when the charity becomes entitled to the resource.

Resources expended

All expenditure is accounted for on an accruals basis. Charitable expenditure includes all expenditure directly related to the objects of the charity in accordance with the SORP. The charity is not VAT registered and expenditure is shown gross irrecoverable of VAT.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restriction arises when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each each fund is included in the notes to the financial statements.

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