**REGISTERED CHARITY NUMBER: 1169519** **Report of the Trustees and** **Unaudited Financial Statements FOR THE PERIOD 1 July 2022 to 31 December 2023** **for** ## **THE BL MINYAN** Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH **THE BL MINYAN** **Contents of the Financial Statements FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Statement of Financial Activities**|3| |**Balance Sheet**|4| |**Notes to the Financial Statements**|5 to 6| **THE BL MINYAN** ## **Report of the Trustees FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023** The trustees present their report with the financial statements of the charity for the period 1 July 2022 to 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives of the charity are to promote religious worship in accordance with the Jewish faith, to promote the study of the Jewish religion, the advancement of the Jewish faith and the advancement of such other charitable purposes as the directors may from time to time determine. The main activities for the year were to obtain donations from individuals and institutions and utilise these funds to enable the charity to pursue its objectives. ## **Public benefit** The trustees confirm their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commission when reviewing the charity's aims and objectives and in planning future activities. ## **ACHIEVEMENT AND PERFORMANCE Fundraising activities** The charity is satisfied with its overall achievements and performance during the year and has continued to meet its objectives. ## **FINANCIAL REVIEW** ## **Reserves policy** It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year. ## **FUTURE PLANS** The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory incoming resources. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1169519 ## **Principal address** First Floor Winston House 349 Regents Park Road London N3 1DH ## **Trustees** Mr A Y Melinek Mr Y Z Sonnenfeld Rabbi Y M Elzas Mr A Scher (appointed 3.11.22) Mr O Soriano (appointed 3.11.22) Mr D Starr (appointed 3.11.22) Page 1 **THE BL MINYAN** **Report of the Trustees FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023** Approved by order of the board of trustees on 8 February 2024 and signed on its behalf by: Mr A Y Melinek - Trustee Page 2 **THE BL MINYAN** ## **Statement of Financial Activities** ## **FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023** |||Period|| |---|---|---|---| |||1.7.22|| |||to|Year Ended| |||31.12.23|30.6.22| |||Unrestricted|
Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||5,488|22,210| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Charitable activities||13,965|9,541| |**NET INCOME/(EXPENDITURE)**||(8,477)|12,669| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||37,017|24,348| |**TOTAL FUNDS CARRIED FORWARD**||28,540|37,017| The notes form part of these financial statements Page 3 **THE BL MINYAN** ## **Balance Sheet 31 DECEMBER 2023** |2023
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
3
21,000
**CURRENT ASSETS**
Cash at bank
7,540
**NET CURRENT ASSETS**
7,540
**TOTAL ASSETS LESS CURRENT LIABILITIES**
28,540
**NET ASSETS**
28,540
**FUNDS**
Unrestricted funds
28,540
**TOTAL FUNDS**
28,540|2022
Total
funds
£
22,500
14,517
14,517
37,017
37,017
37,017
37,017| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 8 February 2024 and were signed on its behalf by: Mr A Y Melinek - Trustee The notes form part of these financial statements Page 4 **THE BL MINYAN** **Notes to the Financial Statements FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an 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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - Straight line over 20 years ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ended 31 December 2023 nor for the year ended 30 June 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 31 December 2023 nor for the year ended 30 June 2022. continued... Page 5 **THE BL MINYAN** ## **Notes to the Financial Statements - continued** **FOR THE PERIOD 1 JULY 2022 TO 31 DECEMBER 2023** ## **3. TANGIBLE FIXED ASSETS** |**COST**
At 1 July 2022 and 31 December 2023
**DEPRECIATION**
At 1 July 2022
Charge for year
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 30 June 2022|Fixtures
and
fittings
£
30,000
7,500
1,500
9,000
21,000
22,500| |---|---| ## **4. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31 December 2023. Page 6