Registered Charity Nurnl: 1161758 HADERECH Charitable Incorporated Organisation (CIO) Report of the Trustees and Financial Statements For the year ended 31 March 2024 Sefton Yodaiken & Co. Ltd Chartered Accountants Fairways House George Street Prestwich M25 9WS
•Haderech• Legal and Administrative Details As at 31 March 2024 Trustees Mr Charles Bursk Mr Daniel Gordon Address 122 Park Road Prestwich M25 ODU Accountants/Independent Examiner Sefton Yodaiken & Co. Ltd Fairways House George Street 14esiwich M25 9WS
.Haderech• Trustees, Report For the year ended 31 March 2024 The Trustees present their Teport together with the fInana statements for the yeaT ended 31 March 2024. The financial statements have been prepared in accordan with the acwunting policies set out in note I to the financial statements and comply with the charitys Trust Deed, the Charities Art 2011 and the Statement of Recommended Practice "Accounting and Reporting by Charities" (Charities RP FRS 102). STRUCllJRE, GOVERNANCE AND MANAGEMENT Status and Administration The dwity, constituted by CIO - Foundation Registered 20 May 2015 and is a registered charity. Charitable O ' The charitys object is to advance or as51St in the advancement of the religious education of Jewish students and/or young adults by providing facilities and services run in accordance with Orthodox Jewish practice and other such purposes as recognised by English Law as charitrable. The above obiect was continued during the year and it is envisaged that similar progress will ensue in the following year. No trustees nor any person comiected with them received any Temuneration during the year. Trustees The trustees throughout the year were: Mr Charles Bursk Mr Daniel Gordon Res onsibiIities of the trustees Charity law requires the trustees to prepare financial statements for each linancial 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.
•Haderech• Trnstees, Report (convd) The trustees are pleased to report on Haderech'5 successfid accomplishments a]ng the year,. these include Financial results This yearf5 incoming resources by increased by 208% to £116Jll (2023: £37,650). Public benefit The trustees confinn that they have referred to the gui(lance contained in the Charity conmi15 senerai guidance on public benefit and in partI18T to its supplemenlary public benefit suidance on advancing education when reviewing the clwitys aim5 and objectives and in planning tre activities. srATEMENT OF TRusfEES' RESPONSIBILITIES Charity law require the trustees to prepare financial 8tatements for each financial year which give a true and fair view of the state of affairs of the Charity and of its financial activities for that perioLt together with its assets and liabilities at the end of the period and adequately dislinguish any material special trust or other testricted fund of the chty. In preparing those financial ststements the trustees are required to: Select suitsble accounting policies and then apply them consistently Make judgements and estimates that aTe reasonable and prndent State whether the w)licies adopted are in accordance with the appropriate ststements of Recon)mended Practice on Accounting by Charities and Accounting Regulations and with applicable Accounling Standards suiryect to any material depathres disclosed ana explained in the financid statements Prepare the financial statements on the going concern basis unless it IS inappmpriate to assume that the charity will continue in business The trllSt are responsible for keeping Proper aCc(tIng records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with applicable Accounting Standards and Statement of ReC0mnlded Practice and the Tegulations of the Charities Act 2011. They are also reSnsIble for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud or other IrregUltie5. Approved by the trustees and signed on its behalf: 3 Febntary 2025
•Haderech• Independent examiners report for the trustees For the year ended 31 March 2024 I report on the accounts of the Trust for the year ended 31 March 2ff24 which are set out on pages 7 ts) 8. Respective respottsibilxties 0£ trustee8 and examiner As the charity's trustees you are responsible for the preparation 0£ the accounts. You consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of protrdures specified in the General Directions given by the Charity Commissioners under sectAon 145{5)(b) of the ACL whether partieular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given the Charity Commissioners. An exarnination includes a review of the accounting reeords 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 pnxedures undertaken do not provide all the evidence that would be required in an audit, and consequently do not express an audit opinion on the view given by the accounts. Independent examinerf8 statement In conneetion with my examinatio no matLer has come to my attention: (I) Trvhich gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with seciion 130 of the Act; (ii) to prepare accounts which accord with the accounting records and to comply with the accounting requirement of the 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 reached. Mr. &fton Yodaiken 3 February 2025
•Hadereth. Statement of Financial Activity For the year ended 31 March 2024 Unrestricted Unrestricted Funds fimds 2024 Incoming resources Income 116211 37fi50 Toial incoming resources 116,311 37,650 Resou¢ expendihlre Clwitable activities Support costs 49,477 &3,403 39,980 39,524 Total resources expended IIZ880 79,504 Net SUTplus/(deficit) for the year Surplus B/F 3,431 13,313 (41,854) 55,167 Surplus C/F 16,744 13213
•Haderech. Balance Sheet As at 31 March 2024 2024 Furniture, fixtures & fittlll8S Books 194 397 Cash at bank 17.786 14,286 Cxeditors: due in a year (IA39) (1,439) Net current assets 16247 12,847 Net assets 16,744 13,313 Funds un$trActed funds 16,744 13,313 Approved by the Itee5 on 3 Febrnary 2(Y25 and SAed on their beha]f. Trstee
•Haderech• Notes to the Financial Statements For the year ended 31 March 2024 Ae¢ountlng Pollcies These accounts have been prepared under the historAcal cost convention and in accordance with applicable accounting standards and the charities stateyjient of recommended praclise on acc()unting by charities (Charities SORF FRS 102) and the Charities Art 2011). a) Expenditu A]1 expendAknre is accounted for on an accrua15 basis Charitable expenditure includes all expen(liture directly related to the objects of the cknity in accordance with the RP The charity is not VAT registered and expenditure is shown gross of irrecoverable VAT Costs of generating funds are those directly aswiated with fun(Iraising Governance costs are those costs associated in compliance with statutory and constitutional requirements Support costs are general costs which have been Iticwr in order that the charity con operate effedively, b) Fund Accounting Unrestricted funds are available for use at the di8crelion of the Trnstees in furtherance of the general objectives of the cknity. c) Going coneern There are no nuterial uneertainties about the charitys abjlity to conttnue. Jttcome 2024 2023 Unrestricted fLmds Unrestricted funds 107,876 31,697 884 5,953 Gifts and donations received Fees for charitable 8erYi¢es 116Jll 3750
•Haderech• Notes to the Financi Statements For the year ended 31 March 2024 Support eosts 2ff24 Unrestricted funds Unrestrictea funds 4221 4,294 350 350 116 Advertising and promotional costs Independent examine fee Depreciation Donations to UK charities Telephone and internet Travel and meetings aeanxng and waste Prinling Office expenses Rent 17,750 2.260 2,023 256 6,329 547 550 24,169 16,810 180 675 19,869 457 63.403 39524 Fixed a88L*8 Furniture & equipment Books At cost Depreciation B/F Charge for the year 702 674 NBV: 31/3/24 194 NBV-31/3/23 238
•Haderech• Notes to the Financial Statements For the year ended 31 March 2024 ditOTg: amounts due within one year 2024 2023 Other creditr)rs Accrnals 739 700 739 700 . 1rt39 IA39 Indedent examkn fees 2024 2023 350 350 Trnstees No remuneration was paid and no expenses were reinibursed to the tNstees during the year. io