**Charity Number 1155729**
## **SHABATON L'MENUCHA TRUST FINANCIAL STATEMENTS 31 MARCH 2023**
**SHABATON L'MENUCHA TRUST**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2023**
|**CONTENTS**|**PAGE**|
|---|---|
|Trustees and professional advisers|**1**|
|Trustees Annual Report|**2**|
|Statement of Trustees responsibilities|**4-6**|
|Independent examiner's report to the trustees|**7**|
|Statement of financial activities|**8**|
|Balance sheet|**9**|
|Notes to the financial statements|**10-12**|
**SHABATON L'MENUCHA TRUST**
## **TRUSTEES AND PROFESSIONAL ADVISERS**
|**Registered charity name**|Shabaton L`menucha Trust|Shabaton L`menucha Trust|
|---|---|---|
|**Charity number**|1155729||
|**Principal office**|Kemp House||
||152 City Road||
||London|EC1V 2NX|
|**Trustees**|M Liberman||
||G Liberman||
||N Grunbaum||
||S Y Rechnitzer||
|**Independent examiner**|JS&CO Accountants Ltd||
||26 Theydon Road||
||London||
||E5 9NA||
|**Bankers**|HSBC Bank Plc||
||31 Holborn||
||Holborn|Circus|
||London||
||EC1N 2HR||
**- 1 -**
**SHABATON L'MENUCHA TRUST**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 MARCH 2023**
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2023.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Reference and administrative details are shown in the schedule of trustees and professional advisors on page 1 of the financial statements.
## **THE TRUSTEES**
The trustees who served the charity during the period were as follows:
M Liberman G Liberman N Grunbaum S Y Rechnitzer
There is no chief executive officer nor any other staff employed in the charity. The day to day affairs are undertaken by Mr Liberman on behalf of the trustees.
All major decisions are taken collectively by the trustees.
The trustees are volunteers and details of any related party transactions are disclosed as applicable in the notes to the accounts.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Shabaton L`menucha Trust is constituted under a deed dated 29 October 2013. It is a registered charity number 1155729 and was registered on 11 February 2014.
Recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.
## **Risk review**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.
## **OBJECTIVES AND ACTIVITIES**
Shabaton L’Menucha is a well-regarded organization geared towards families of children and adults with special needs. We are widely known for our weekend breaks that grant those special individuals, who happen to have special needs, a fantastic time whilst also giving their families a much-needed break. We provide them with recreational, educational and social opportunities and respite care with a view to improving their conditions of life.
## **PUBLIC BENEFIT**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit.
**- 2 -**
**SHABATON L'MENUCHA TRUST**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 MARCH 2023**
## **MESSAGE FROM THE CHAIR**
We are delighted to present our annual accounts for the year ending March 2023. The year saw a dramatic increase in the activities we were able to provide to our users, and we look forward to further develop these projects to enrich the lives of our beneficiaries with disabilities and also to support their parents/carers and families with respite so that they can continue providing care in a positive and stress free home environment.
## **ACHIEVEMENTS AND PERFORMANCE**
During the year the charity received £174,737 in grants and donations from many generous donors and benefactors. As a result of the donations we received, Shabaton L'Menucha was able to arrange a wide range of activities as below:
## **Sunday Club:**
Sunday Club runs from two locations every Sunday from 11am until 4 pm, providing a variety of stimulating fun and nurturing activities to our disabled users at the same time as giving parents and siblings much needed respite. This is vital for the mental health of both the family and the children.
Sunday Club sessions are divided into, middle boys (NEW), older boys, the young children with severe physical disabilities. This system ensures that every child’s needs are met appropriately.
The younger children experience hours of delight with our friendly talented volunteers, doing arts and crafts, relaxing in the sensory room or enjoying the center’s soft play room. They also receive a hot nourishing lunch.
The older children have fun with their volunteers and friends, cooking, baking, doing arts and crafts, exercising and socialising. They prepare their own nutritious lunches, learning life skills and honing their motor skills, while glowing with pride at their capabilities.
## **Swimming:**
Sessions are individualised and involve a high volunteer ratio, to help with changing, dressing and in the water. Groups are small, enabling the children to get full attention and overcome their disability in the water, mastering their targets and learning to swim.
## **Hydrotherapy:**
This is held in a warm-water hydrotherapy pool for those with more severe disabilities. With its calming décor and sensory lighting, it is the ultimate therapeutic experience whilst teaching even the most disabled child to move on their own and attain small targets.
## **Ice skating:**
This is held in the Lee Valley Ice Centre where the children learn to ice-skate like pros, starting with two volunteers, then one, until they let go and glide alone across the rink, in a momentous glee-filled milestone.
**- 3 -**
**SHABATON L'MENUCHA TRUST**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 MARCH 2023**
## **Cycling.**
This is held alternately at the Olympic Velodrome & Finsbury Park cycle tracks, using both regular and special adaptive bikes, so no child is deprived of the joy of outdoor exercise and the thrilling rush of wind on their faces. **Music:**
The children learn the basics of rhythm, song and music with a music instructor, at the same time as letting off steam and having a blast.
## **Holiday Play schemes:**
Our holiday play-schemes take place in the shorter school holidays. We offer an action packed programme of activities and entertainment at our Centre, providing the children with a fantastic fun-filled few days.
## **Activities & Day Trips:**
We arrange a number of trips throughout the year on other school holidays. These outings offer the children a fantastic day out with their friends as well as providing their parents/carers and families with a day of respite.
## **Other events**
We also ran a number of exciting and enjoyable weekends in the countryside for approximately 100 young people with disabilities. Added to that, we arranged special events and activities locally, including live music, shows, jugglers, clowns and concerts.
All events were run to the highest standards, ensuring the safety and participation of all attendees, regardless of their disabilities, in a local wheelchair accessible community venue, with appropriate refreshments and lots of community volunteer support, in order to maximise benefits for the young people with special needs.
The feedback we received was highly enthusiastic, and parents/carers as well as the young people are eagerly awaiting repeat performances during the coming year. There were no investments made during the year.
We were gratified that we were able to put on a full programme of events and activities for the benefit of our users who anxiously await the wide range of experiences the charity provides for them throughout the year, as well as the much needed respite that this gives their parents
## The Figures
80 hours of face-to-face respite in the our Centres in August 2022 to over 35 children 36 + days of residential respite provided over the year 250+ volunteers, with over 40 volunteering on a weekly basis 60+ children and young adults accessing Shabaton L’Menucha’s services 20 volunteer hours of buddy home support per week
9 new enquires to our services this year 400+ packages delivered providing appropriate activities and meaningful entertainment Feedback from users and their families, and a volunteer
_“I am really impressed with the highly structured and professionally run programme, as well as with the energetic and caring staff. I am so grateful to Shabaton L’Menucha”. (From parent of user)_
**- 4 -**
**SHABATON L'MENUCHA TRUST**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 MARCH 2023**
No words can describe what Shabaton L’Menucha gives our son! Its activities have totally enriched his life and given him so much confidence and social life (From family of a user)
Working for Shabaton L’Menucha has given me purpose, satisfaction, enjoyment, and best of all, a whole new extended family. I am proud to be a member of the Shabaton L’Menucha family
_(Volunteer 2022)_
## **Our Mission**
Shabaton L’Menucha’s mission is to grant every young person with disabilities a happy, productive childhood and to support their families with respite breaks.
## **Our Vision**
Shabaton L’Menucha’s vision is of a community where children and young adults with disabilities enjoy a wide range of enriching experiences with their peers and where their families are well supported by respite services.
## **Our Plans for the Future**
Shabaton L’Menucha’s plans for the year ahead include
- consolidating the programme that we ran in the year previously
- developing our fundraising activities
- increasing the number of our users
- expanding the range and frequency of our activities for our users with disabilities
- increasing our volunteer base
## **Financial Review & Reserves Policy**
Shabaton L’Menucha’s fundraising efforts have been very successful this year, with many donations from within the community, who value the difference the organisation makes to many families’ quality of life. The aim of the charity this year is to seek opportunities for grant funding in order to continue expanding and offering better services.
Shabaton l’menucha aims to hold free reserves of 3-6 months operational costs. The charity has plans to purchase premises in order to lower running costs. In order to do this, it sets aside funding each year as designated funds for this purpose. Whilst the free reserves are £174,110, £130,000 is being held towards the premises purchase and therefore, £44,110 is held as reserves. This amounts to 4.5 months of running costs which the trustees consider an appropriate amount for the size of the charity.
Signed on behalf of the trustees
## **Trustee**
Kemp House 152 City Road London EC1V 2NX
20[th] November 2023
**- 5 -**
**SHABATON L'MENUCHA TRUST**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## **YEAR ENDED 31 MARCH 2023**
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
**- 6 -**
**SHABATON L'MENUCHA TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2023**
I report on the accounts of the charity for the year ended 31 March 2023 set out on pages 7 to 10.
## **Respective Responsibilities of Trustees and Independent 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 of the Charities Act 2011 (“the Act”) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Act;
- to follow the procedures laid down in the general directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act); and
- state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Statement**
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 the 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:
- a) 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 Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
JS&CO Accountants Ltd 26 Theydon Road London E5 9NA
> 20[th] November 2023
**- 7 -**
## **SHABATON L'MENUCHA TRUST**
## STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2023
|Notes
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Donations and Grants
4
**Total Incoming resources**
**RESOURCES EXPENDED**
Fundraising costs
5
Charitable activities
6
Governance costs
7
Other
8
**Total resources expended**
**NET INCOMING/(OUTGOING)**
**RESOURCES**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**Restricted**
**2023**
**Total Funds **
£
£
£
164,741
9,996
174,737
164,741
9,996
174,737
7,010
7,010
97,357
9,996
107,353
660
660
11,054
11,054
116,081
9,996
126,077
48,661
0
48,661
125,449
0
125,449
174,110
0
**174,110**|**2022**
**Total Funds**
£
172,141|
|---|---|---|
|||172,141
20,987
105,311
624
13,471|
|||140,393
31,748
93,701|
|||**125,449**|
The Notes form part of the financial statements
**- 8 -**
## SHABATON L'MENUCHA TRUST
|2023
Notes
£
£
FIXED ASSETS
Fixtures & Fittings
9
21,682
21,682
CURRENT ASSETS:
Cash at bank and in hand
153,088
153,088
CREDITORS: amounts falling
due within one year
10
-660
Net Current assets/(liabilities)
174,110
NET CURRENT ASSETS:
174,110
FUNDS
11
Unrestricted funds
174,110
TOTAL FUNDS
174,110
BALANCE SHEET
31-Mar-23|2022
£
£
20,315
20,315
105,758
105,758
-624
125,449
125,449
125,449
125,449|2022
£
£
20,315
20,315
105,758
105,758
-624
125,449
125,449
125,449
125,449|
|---|---|---|
||||
|||125,449|
|||125,449|
|||125,449|
Approved by the board of Trustees on: 20 November 2023 And signed on their behalf by:
Trustee
The Notes form part of these financial statements
- 9 -
## **SHABATON L'MENUCHA TRUST**
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023
## 1 **ACCOUNTING POLICIES**
## **Accounting convention**
These accounts have been prepared in accordance with the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015). In preparing the accounts, the charity follows best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) issued in March 2005. Where there is a conflict between the FRSSE and the SORP, the SORP has been adopted in accordance with paragraph 419ff of the SORP.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
## 2 **TRUSTEES REMUNERATION AND BENEFITS**
No trustee received remuneration, allowance for or reimbursement of expenses.
## 3 **RELATED PARTY**
There were no related party transactions during the year
## 4 **INCOMING RESOURCES FROM GENERATED FUNDS**
|Donations and Grants|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**2023**
**Total**
**Funds**
**2022**
**£**
**£**
£
£
**164,741**
**9,996**
**174,737**
**172,141**|
|---|---|
## 5 **FUNDRAISING COSTS**
|**FUNDRAISING COSTS**|||||
|---|---|---|---|---|
||||**Total**|**Total**|
||**Unrestricted**|**Restricted**|**Funds**|**Funds**|
||**Funds**|**Funds**|**2023**|**2022**|
||**£**|**£**|£|£|
|Fundraising|**7,010**|**0**|**7,010**|**20,987**|
|**COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE**|||||
||||**Total**|**Total**|
||**Unrestricted**|**Restricted**|**Funds**|**Funds**|
||**Funds**|**Funds**|**2023**|**2022**|
||**£**|**£**|£|£|
|Special events and weekends|97,357|9,996|107,353|105,311|
||97,357|9,996|107,353|105,311|
## 6 **COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE**
**- 10 -**
## SHABATON L'MENUCHA TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023
|7
GOVERNANCE COSTS
Accountancy
8
OTHER
Bank charges
Professional fees
Office supplies
Rent
Heat & Light
Repairs
Telephone
Sundries
Depreciation
9
FIXED ASSETS
COST:
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION:
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE:
At 31 March 2023
At 31 March 2022|Unrestricted
Funds
Restricted
Funds
Total Funds
2023
£
£
£
660
660|Total Funds
2022
£
624|
|---|---|---|
||660
0
660|624|
||115
115
61
61
2,419
2,419
800
800
743
743
530
530
132
132
120
120
6,134
6,134|66
607
1,728
4,800
0
440
306
120
5,404|
||11,054
0
11,054|13,471|
||Motor Vehicles Fixture & Fittings
Computer
Equipments
5,000
42,046
1,199
7,500
12,500
42,046
1,199
1,250
25,641
1,039
2,813
3,281
40
4,063
28,922
1,079
8,438
13,124
120
3,750
16,405
160|Totals
£
48,245
7,500|
|||55,745|
|||27,930
6,134|
|||34,064
21,682|
|||20,315|
## Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost residual value of each asset over its expected useful life, as follows:
Motor Vehicles 25% reducing balance Fixture and fittings - 20% reducing balance Computer Equipments - 25% reducing balance
- 11 -
## SHABATON L'MENUCHA TRUST
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023
## 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|10|CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR||||
|---|---|---|---|---|
||||2023|2022|
||||£|£|
||Accruals||660|624|
||||660|624|
|11|MOVEMENTS IN FUNDS||Net movement||
|||At 1.4.22|in funds|At 31.03.23|
|||£|£|£|
||Restricted funds||||
||General fund|0|0|0|
||Unrestricted funds||||
||General fund|125,449|48,661|174,110|
||TOTAL FUNDS|125,449|48,661|174,110|
||Net movement in funds, included in the|above are as follows:|||
|||Incoming|Resources|Movement in|
|||resources|expended|funds|
|||£|£|£|
||Restricted funds||||
||General fund|9,996|9,996|0|
||Unrestricted funds||||
||General fund|164,741|116,081|48,661|
||TOTAL FUNDS|174,737|126,077|48,661|
## 12 TAXATION
Shabaton L`menucha Trust is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
- 12 -