. The Yonah Trust Report and Financial Statements For Year Ending 31 March 2021 Charity Number 1162633 (England & Wales) The Yonah Trust ## **Contents** |**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| 2 The Yonah Trust ## **Trustees** Mr Chaim Josefovitz Mr Solomon Tescher ## **Administation Address** 25 Durley Road London N16 5JW Charity Number 1162633 ## **Bankers** Barclays Bank PLC Account No 83211967 Sort Code 20 76 90 3 The Yonah Trust ## **Report of the Trusees** The Trustees present their annual Report and Financial statements of the Charity for the Year Ending 31 March 2021 The Trustees in office during the year were Mr Chaim Josefovitz and Mr Solomon Tescher. No Trustee nor any person connected with them received any remuneration during the year. ## **Status and Administration** The Charity constituted by Trust Deed dated on 13[th] July 2015 and was registered on 13[th] July 2015. ## **Charitable Objects** The Charity was set up for the Advancement of the Orthodox Jewish Faith and the Advancement of such other charitable purposes as the trustees may from time to time see fit as for the benefit of the public 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 feel 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 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; - 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. The Trustees are also responsible for safeguarding the charity’s assets and hence for taking reasonable steps for the detection of fraud and other irregularities. 4 The Yonah Trust ## **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 £19650 (2010 £18500) Approved by the Trustees of The Yonah Trust on 26 January 2022 and signed on behalf of all of them ________________ Trustee Mr Solomon Tescher 5 The Yonah Trust ## **Statement of Financial Activities for the Year Ending 31 March 2021** ## Unrestricted |Income
2021
Total
Funds
£
Rental Income
Total Income
Expenditure
Donations Made
19,650
Bank Charges
65
Insurance
480
Sundry Expense
250
Total Expenditure
Nett Income/Expenditure For the Year
Total Funds brought Forward
Total Funds carried Forward||2020
Total
Funds
£
22,400
22,400
18,500
87
480
90
20,445
1,955
1,000,194
1,002,149||19,200
19,200
19,157| |---|---|---|---|---| |||||43
1,000,151
1,000,194| 6 The Yonah Trust ## **Balance Sheet 31 March 2021** |Fixed Assets
Property
Current Assets
Cash at Bank
Total Current Assets
Nett Assets
Charity Funds
Restricted Funds
Unrestricted Funds
Total Funds||2021
£
1,000,000
2,149
1,002,149
1,002,149
-
1,002,149
1,002,149||2020
£
1,000,000
194| |---|---|---|---|---| |||||1,000,194
1,000,194
-
1,000,194
1,000,194| The Financial Statements were approved by the Trustees on 26[th] January 2022 And signed on its behalf by _______________ Solomon Tescher 7 The Yonah Trust ## **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) 2011 and the Financial Reporting Standard for Smaller Entities 102 (effective April 2008) 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. ## Donations and Fund Accounting Donations and grants for activities restricted by donors are taken to restricted funds if the wishes and conditions of the donor are legally binding on the Trustees. ## Resources Expended Resources Expended are accounted for on accrual basis. Certain expenditure is apportioned to cost categories based on estimated amount attributable to that activity in the Year. The irrecoverable element of VAT is included with the item of expense to which it relates. 2. Voluntary Income 2021 2020 £ £ **22400 19200** 8 The Yonah Trust ## **Independent Examiners Report to the Trustees** We report on the financial statements of The Yonah Trust for the Year Ending 31 March 2021. ## **Respective Responsibilities of Trustees and Reporting Accountants** The Trustees of the charity are responsible for the preparation of the accounts, and they consider the audit requirement of section 144 of the Charities Act 2011 (The Act) does not apply. It is our responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under section 249 of the Act, whether particular matters have come to our attention. ## **Basis of Independent Examiners Report** Our 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 the trustees concerning any such matters. These procedures provide only the assurance expressed in our opinion. The 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 given 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; or - 2) To which, in our opinion, attention should be drawn in order to enable understanding of the accounts to be reached. Date 26 January 2022 ## **Reporting Examiner** Naphtolie Padwa 39 Watermint Quay London N16 6DN 9 The Yonah Trust io