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2021-12-31-accounts

UK Friends Of Tzohar

Report and Financial Statements

Year Ended

31 December 2021

Charity Number 1157419 England and Wales

Haffner Hoff Ltd 2[nd] Floor - Parkgates Bury New Road Prestwich, Manchester M25 0TL

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements For year ended 31st December 2021

Page 1

Contents

Page
Charity Information 2
Report of the Trustees 3 - 4
Independent Examiner's Report 5 - 6
Statement of Financial Activities 7
Statement of Financial Position 8
Notes forming part of the financial statements 9 - 10

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements For year ended 31st December 2021

Page 2

CHARITY INFORMATION

Trustees Mr Berish Dresdner Mr Isaac Fried Mr Schlame Stark

Administration Address 5 King Street Salford M7 4PU

Charity Number 1157419

Bankers NatWest Bank Plc Cheetham Hill, Manchester Branch 64 Bury Old Road Manchester M8 5NW

Chartered Accountants & Independent Examiners Haffner Hoff Ltd 2[nd] Floor – Parkgates Bury New Road Prestwich Manchester M25 0TL

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements For year ended 31st December 2021

Page 3

Report of the Trustees

The trustees have pleasure in presenting their report and the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in December 2005 in preparing the financial statements.

Legal Status

The Charity is constituted by a trust deed dated 2[nd] December 2011, which has not been amended and is a Registered Charity.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the Charity.

Charitable Objects

The Charity's objects are:

  1. To promote general charitable purposes primarily but not exclusively for the benefit of people of Israel through: (I) The advancement of the Jewish religion through facilitation or assisting in the provision of facilities. (II) The advancement of education of Jewish texts, culture and heritage.

  2. To promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the law of England and Wales

It is envisaged that similar progress will ensue in the following year.

Trustees

The Trustees in office throughout the year were Mr Berish Dresdner, Mr Isaac Friend and Mr Schlame Stark. No trustee or any person connected with them received any remuneration during the year.

Management and Investment

The charity is managed by a committee of the trustees. The trustees have investment powers to invest the charity's assets as they see fit in the furtherance of the charity's objectives.

Reserves Policy

The trustees retain reserves as necessary and where appropriate, consolidate funds in order to make more substantial grants which they feel to be appropriate.

Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Page 4

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements

For year ended 31st December 2021

Report of the Trustees (continued)

Going concern

There are no material uncertainties about the charity's ability to continue .

Responsibilities of the Trustees

Charity Law 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 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

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 the Charity Law.

The Trustees are also responsible for safeguarding the charity's assets and hence for taking reasonable steps for the prevention and detection of fraud and other regularities.

Board Of Trustees

The members of the Board of Trustees are set out on Page 2.

Approved by the Trustees on…….. /……../……..

Trustee Mr Berish Dresdner

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements

Page 5

For year ended 31st December 2021

Independent Examiner's Report to the Trustees

We report on the financial statements of UK Friends of Tzohar for the year ended 31 December 2021.

Respective Responsibilities of Governors and Examiner

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. 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.

It is our responsibility to:

This report has been prepared for and only for the trustees as a body in accordance with paragraph 31 of the Charities (Accounts and Reports) Regulations 2008 made under the Charities Act 2011 and for no other purpose. We do not, in making this report, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come, save where expressly agreed by our prior consent in writing.

Basis of Independent Examiner's Report

Our examination was carried out in accordance with the General Directions 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 consideration of a any unusual items or disclosures in the accounts, and seeking explanations from the charity’s trustees, as Governors, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and the report is limited to those matters set out in the statement below. Consequently, we do not express an audit opinion on the view given by the accounts.

Page 6

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements

For year ended 31st December 2021

Independent Examiner's Report to the Trustees (continued)

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

have not been met; or

(b) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed………………………

M Black FCCA

Haffner Hoff Ltd Chartered Accountants & Registered Auditors 2[nd] Floor Parkgates Bury New Road Prestwich Manchester M25 0TL

Date……./………/…………

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements For year ended 31st December 2021

Page 7

Statement of Financial Activities (including income and expenditure account)

Incoming Resources
Charitable Expenditure
Donations Received
Cost of Activities in
Furtherance of the Charity's
Objects
Governance costs
Surplus/Deficit for the year
2
3
4		 2015
£
45,778
42,751
975
43,726
2,052
2020
£
31,269
42,751
500
43,726
2,052
20 1
£
86,591
73,095
594
73,689
~~12,9 2 ~~
2020
£
40,462
36,847
540
37,387
3,075

The notes on pages 9 and 10 form part of these accounts.

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements For year ended 31st December 2021

Page 8

Current Assets
Cash at bank and in hand
Net Current Assets
Total Assets Less Current Liabilities
Creditors:Amounts falling due
within one year
Net Assets
Unrestricted Funds
Total Funds
6
7		 ~~201~~5
£
2,652
2,652
2,652
2,652
(600)
2,052
2,052
2,052
~~20~~20
£
6,566
6,566
6,566
6,566
(1100)
2,052
2,052
2,052
2021
£
15,757
~~15,757~~
15,757
15,757
(594)
~~15,163~~
15,163
15,163
2020
£
2,801
2,~~801~~
2,801
2,801
(540)
2,~~261~~
2,261
2,261

Approved by the Trustees and signed on behalf of them

Statement of Financial Position a t 31 December 2021

/ /

Trustee Mr Berish Dresdner

The notes on pages 9 and 10 form part of these accounts.

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements

Page 9

For year ended 31st December 2021

Notes to the Accounts

1) Principal Accounting Policies

Basis of Accounting

The Accounts have been prepared under the historical cost convention in accordance with the Charities Act (Accounts and Reports) 2006, and the Financial Reporting Standard for Smaller Entities (effective January 2007), and follow the recommendations in Accounting and Reporting by Charities Statement of Recommended Practice (Issued December 2005).

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.

Donations and Fund Accounting

Donations and Grants for activities restricted by the donors are taken to restricted funds if the wishes and conditions of the donor are legally binding on the Trustee.

Resources Expended

Resources expended are accounted for on an accruals basis.

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

The irrecoverable element of VAT is included with the item of expense to which it relates.

Incoming Resources
Donations Received		 2021
£
86,591

2) Incoming Resources

3) Analysis of Total Resources Expended

Charitable Activities

Cost of Activities In Furtherance
of the Charity's Objects
Grants and Donations Paid

Sundry expenses

Fundraising Expenses

Professional fees

 67,793
470
4,808
24
73,095

4 ) Independent examination fees

2021 2020
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 594 540
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Staff costs

The total staff costs and employee benefits for the reporting year are analysed as follows:

2021 2020
£ £
Wages and salaries Nil Nil
════════════════

The average head count of employees during the year was 0 (2020: 0). No employee received employee benefits of more than £60,000 during the year (2020: Nil).

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Financial Statements For year ended 31st December 2021

Page 11

Notes to the Accounts (continued)

5) Taxation

The Charitable Company is exempt from taxation on its charitable activities.

2021 £ 6) Creditors: Amounts falling due within one year Accruals 594

7) Accumulated Funds

Unrestricted

Balance Brought Forward 2,261 Net Surplus for the Year 12,902 Balance Carried Forward 15,163

UK FRIENDS OF TZOHAR Charity Commission Number 1157419 Finxneial Statements For year ended 31st December 2021 Page 10