REGISTERED CHARITY NUMBER: 1169921
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
FOR
YAD LEYAD CHARTY INCORPORATED ORGANISATION
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
YAD LEYAD CHARTY INCORPORATED ORGANISATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
YAD LEYAD CHARTY INCORPORATED ORGANISATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024
The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. 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 objects of the CIO are:
-
Advancement of orthodox Jewish religion, orthodox Jewish education and education in general.
-
The relief of poverty, sickness and infirmity for the public benefit.
-
Such other purpose as are charitable according to the English law as the trustees may from time to time in their absolute discretion determine.
Public benefit
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aim and objectives and in planning the charity's future activities.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
During the year charity received donations in the sum of £15,091 (2023-£13,244). The charity made donations during the year totalling Nil (2023 - £30,000).
FUTURE PLANS
The trustees have future plan to actively pursue the charity's objective by making necessary financial arrangements.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Yad Leyad is a charity registered with charity commission on 26 October 2016 as a charitable incorporated organisation.
The charity is governed by its "foundation" model constitution and rules adopted by the trustees on incorporation.
Recruitment and appointment of new trustees
The trustees have not currently envisaged appointment of new trustees, Should the situation change in the future, the trustees will apply suitable recruitment and training procedure.
Organisational structure
The trustees administer the day-to-day affairs of the charity. None of the trustees have any beneficial interest in the charity and no benefits or expenses were paid in the year.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1169921
Page 1
YAD LEYAD CHARTY INCORPORATED ORGANISATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024
Principal address
12 Jesmond Avenue Prestwich Manchester M25 9NG
Trustees
Rabbi D M Hickson M M Cohen J J Chazan S Slavaticki
Independent Examiner
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
Approved by order of the board of trustees on 22 April 2026 and signed on its behalf by:
M M Cohen - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YAD LEYAD CHARTY INCORPORATED ORGANISATION
Independent examiner's report to the trustees of YAD LEYAD Charty Incorporated Organisation
I report to the charity trustees on my examination of the accounts of YAD LEYAD Charty Incorporated Organisation (the Trust) for the year ended 30 June 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M. A. VENITT
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
22 April 2026
Page 3
YAD LEYAD CHARTY INCORPORATED ORGANISATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
| 30.6.24 | 30.6.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 15,091 | 13,244 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Grants to institutions | - | 30,000 | |
| Other | 600 | 360 | |
| Total | 600 | 30,360 | |
| NET INCOME/(EXPENDITURE) | 14,491 | (17,116) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 13,679 | 30,795 | |
| TOTAL FUNDS CARRIED FORWARD | 28,170 | 13,679 |
The notes form part of these financial statements
Page 4
YAD LEYAD CHARTY INCORPORATED ORGANISATION
STATEMENT OF FINANCIAL POSITION 30 JUNE 2024
| 30.6.24 | 30.6.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 29,670 | 14,579 | |
| CREDITORS | |||
| Amounts falling due within one year | 4 | (1,500) | (900) |
| NET CURRENT ASSETS | 28,170 | 13,679 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 28,170 | 13,679 | |
| NET ASSETS | 28,170 | 13,679 | |
| FUNDS | 5 | ||
| Unrestricted funds | 28,170 | 13,679 | |
| TOTAL FUNDS | 28,170 | 13,679 |
The financial statements were approved by the Board of Trustees and authorised for issue on 22 April 2026 and were signed on its behalf by:
J J Chazan - Trustee
M M Cohen - Trustee
D M Hickson - Trustee
S Slavaticki - Trustee
The notes form part of these financial statements
Page 5
YAD LEYAD CHARTY INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
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.
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 year ended 30 June 2024 nor for the year ended 30 June 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
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continued...
YAD LEYAD CHARTY INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | ||||
| fund | ||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 13,244 | |||
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Grants to institutions | 30,000 | |||
| Other | 360 | |||
| Total | 30,360 | |||
| NET INCOME/(EXPENDITURE) | (17,116) | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 30,795 | |||
| TOTAL FUNDS CARRIED FORWARD | 13,679 | |||
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.6.24 | 30.6.23 | |||
| £ | £ | |||
| Other creditors | 1,500 | 900 | ||
| 5. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.7.23 | in funds | 30.6.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 13,679 | 14,491 | 28,170 | |
| TOTAL FUNDS | 13,679 | 14,491 | 28,170 |
continued...
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YAD LEYAD CHARTY INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024
5. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 15,091 | (600) | 14,491 |
| TOTAL FUNDS | 15,091 | (600) | 14,491 |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.7.22 | in funds | 30.6.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 30,795 | (17,116) | 13,679 |
| TOTAL FUNDS | 30,795 | (17,116) | 13,679 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 13,244 | (30,360) | (17,116) |
| TOTAL FUNDS | 13,244 | (30,360) | (17,116) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.7.22 | in funds | 30.6.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 30,795 | (2,625) | 28,170 |
| TOTAL FUNDS | 30,795 | (2,625) | 28,170 |
continued...
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YAD LEYAD CHARTY INCORPORATED ORGANISATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024
5. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 28,335 | (30,960) | (2,625) |
| TOTAL FUNDS | 28,335 | (30,960) | (2,625) |
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024.
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YAD LEYAD CHARTY INCORPORATED ORGANISATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
| 30.6.24 | 30.6.23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 15,091 | 13,244 |
| Total incoming resources | 15,091 | 13,244 |
| EXPENDITURE | ||
| Charitable activities | ||
| Grants to institutions | - | 30,000 |
| Support costs | ||
| Governance costs | ||
| Accountancy and legal fees | 600 | 360 |
| Total resources expended | 600 | 30,360 |
| Net income/(expenditure) | 14,491 | (17,116) |
This page does not form part of the statutory financial statements
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