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Report and Financial Statements

to Year Ending 31 January 2023

Charity Number 1151525 (England & Wales)

Contents
	Page
Legal and Administrative Information	3
Report of the Trustees	4 and 5
Statement of Financial Activities	6
Balance Sheet	7
Notes forming part of the Balance Sheet	8
Independent Examiner’s Report	9

Trustees

Y Friedman

B Friedman

Administration Address

102 Valkire Road

Westcliff-on-Sea

SS0 8AP

Bankers

Barclays Westcliffe Branch Westcliffe-on-Sea

Report of the Trustees

The trustees present their annual report and Financial Statements of the Charity for the Year Ended 31 January 2023

The trustees in office during the year were Yaacov Friedman and Brenda Friedman. No trustee nor any person connected with them received any remuneration during the year.

Status and Administration

The Charity constituted by CIO and was registered on 4[th] April 2013 and is a registered charity.

Charitable Objects

The Charity was set up for the advancement of the Orthodox Jewish Faith, advancement of

Orthodox Jewish religious education, as are charitable according to the laws of England and Wales.

Reserves Policy

The trustees retain reserves as necessary and where appropriate, consolidate funds in order to make

more substantial grants which they fee to be appropriate.

Responsibilities of the Trustees

Charity Law requires the trustees to prepare Financial Statements for each financial year which give

a true and fair view on the state of affairs of the Charity as at the Balance Sheet date, and of its incoming resources, including income and expenditure for the financial year.

In preparing those Financial Statements the trustees should follow best practice and;

a. Select suitable accounting policies and apply them consistently
b. Make judgements and estimates that are reasonable and prudent
c. Follow applicable accounting standards and the Charities SORP 2015 disclosing and explaining any departures in the Financial Statements
d. Prepare the Financial Statements on the going concern basis unless it is

inappropriate to assume that the charity will continue in operation

The trustees are responsible for maintaining proper accounting records which disclose with reasonable

accuracy at any time the financial position of the charity,

and to enable them as trustees to ensure that the Financial Statements comply with Charity Law.

Board of Trustees

The members of the board are set out in page 3.

Political and Charitable Donations

During the year the Charity made donations of £6528(2022 £4000)

Approved by the Trustees of Ocean Dive on 13 November 2023

____ Trustee

Yaakov Friedman

Statement of Financial Activities for the year ended 31 January 2023

Income Expenditure Proffesional Fees Telephone Office Rent Sundries Finance Charges Bank Charges Total Resources Expended Nett Income Total Funds Brought Forward Total Funds Carried Forward Total Support Costs Support Costs Donations Charitable Activities Donations Given Educational Activities Total Charitable Expenditure	2023 2022 Unrestricted Funds Unrestricted Funds £ £ 10000 12495 1528 3500 5000 500 6528 4000 450 0 346 750 0 158 4 1358 350 0 4 7886 4354 2114 8141 53214 45073	2023 2022 Unrestricted Funds Unrestricted Funds £ £ 10000 12495 1528 3500 5000 500 6528 4000 450 0 346 750 0 158 4 1358 350 0 4 7886 4354 2114 8141 53214 45073	2023 2022 Unrestricted Funds Unrestricted Funds £ £ 10000 12495 1528 3500 5000 500 6528 4000 450 0 346 750 0 158 4 1358 350 0 4 7886 4354 2114 8141 53214 45073
		55328	53214

Balance Sheet as at 31 January 2023

Total Current Assets Funds Total Funds Current Assets Other Debtors Cash at Bank Nett Assests Unrestricted Funds		2023 £ 44795 10533 55328	2022 £ 44795 8419 53214
		55328	53214
		55328	53214
		55328	53214

The Financial Statements were approved by the Trustees on 13 Nov 2023 And signed on its behalf by

_______ Yakov Freedman Trustee

Notes to the Accounts

Basis of Accounting

The accounts have been prepared under the historical cost convention in accordance with the Charities Act (Accounts and Reports) 2011, and the Financial Reporting Standard for Smaller Entities 102, and follow the recommendations in Accounting and Reporting by Charities: statement of Recommended Practice (effective from April 2015).

Cash Flow

The accounts do not include a cash flow statement because the charity as a small reporting entity is exempt from the requirement to prepare such a statement.

Donation and Fund Accounting

Donations received for the general and main purposes of the charity are included as unrestricted funds in the statement of

Expenditure

Expenditure is accounted for on an accrual basis. Certain expenditure is apportioned to cost categories based on estimated amount attributable to that activity in the year.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements

Independent Examiner’s Report on the unaudited Accounts of the Charity For the Year Ended 31 January 2023

We report on the Financial Statements of Ocean Dive for the Year Ended 31 January 2023 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

These statements have been prepared, under the historical cost convention, and in accordance with the recommendation in

Accounting and Reporting by Charities: Statement of recommended Practice (issued 2015), and the financial Reporting Standard for Smaller Entities 102 (effective 2016), and the accounting policies set out therein.

Respective Responsibilities

As described on page 4, the trustees of the charity are responsible for the preparation of the accounts, and they consider that the audit requirement section 144 of the Charities Act 2011 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 249 of the Act, whether particular matter have come to our attention.

Basis of Accountant’s Report

Our examination was carried out in accordance with the General Direction 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 a consideration of any unusual items of disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. These procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view by the accounts.

Opinion

In our opinion, no matter has come to our attention,

1) which gives us reasonable cause to believe that, in any material respect, the requirements
a) to keep accounting records in accordance with section 130 of the Act; and
b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met;

Reporting Accountant

Date 13 November 2023

Naphtolie Padwa 39 Watermint Quay London N16 6DN

2023-01-31-accounts