Charity number: 1174482 The Jewish Book Trust UK Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2023 The Jewish Book Trust UK Contents Page For the year ended 31 March 2023 |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 9| The Jewish Book Trust UK Report of the Trustees ## For the year ended 31 March 2023 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Charity aims to advance education and understanding of the Jewish religion and culture for the benefit of the public in particular, but not exclusively, through the restoration, production, translation, publication and/or distribution of religious texts and other literature whether in print or electronic/digital formats in order to enlighten others about the Jewish religion and culture. Each year the Trustees review the objectives and activities of the charity to ensure that they continue to reflect these aims. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** The Jewish Book Trust UK was created through a Trust Deed dated 30 December 2016 and was formally registered with the Charity Commission on 04 September 2017. ## **FINANCIAL REVIEW** During the year, the Charity's funds have been applied in furtherance of its objectives and the day to day running of the charity. In the year to 31 March 2023, incoming resources amounted to £64,014 and resources expended amounted to £63,687. At 31 March 2023, the Charity had a total unrestricted fund balance of £1,018. There have been no changes in the accounting policies of the charity during the year. The trustees are satisfied with the financial performance of the charity during this period. ## **Reserves** The trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is governed by a trust deed established on 30 December 2016 and formally registered with the Charity Commission on 4 September 2017. The charity is managed by trustees who are responsible for setting the strategic direction of the organisation and for establishing policy. ## **Recruitment and appointment of trustees** The appointment and recruitment of new Trustees is as laid out in the Trust Deed. New Trustees would be trained as deemed appropriate. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** The Jewish Book Trust UK **Charity registration number** 1174482 **Principal address** 21 Park Way London NW11 0EX 1 of 9 The Jewish Book Trust UK Report of the Trustees Continued For the year ended 31 March 2023 ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Independent examiners** Jeremy Kon (Resigned: 13 February 2023) Sol Unsdorfer Malcolm Cohen Benjamin Kon (Appointed: 13 February 2023) Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ Approved by the Board of Trustees and signed on its behalf by ............................................................................. 31 January 2024 Sol Unsdorfer 2 of 9 ## The Jewish Book Trust UK ## Independent Examiners Report to the Trustees ## For the year ended 31 March 2023 I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. 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. Isaac Hajioff Chartered Accountant Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ 31 January 2024 3 of 9 ## The Jewish Book Trust UK Statement of Financial Activities For the year ended 31 March 2023 |**Notes**
**Income and endowments from:**
Donations and legacies
2
Investments
3
**Total**
**Expenditure on:**
Charitable activities
4/5
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
64,000
14
**64,014**
(63,687)
**(63,687)**
**327**
691
**1,018**|**2022**
**£**
-
-| |---|---|---| |||**-**| |||(63,602)| |||**(63,602)**| |||**(63,602)**
64,293| |||**691**| 4 of 9 ## The Jewish Book Trust UK Statement of Financial Position ## As at 31 March 2023 |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
10
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
11
**Total funds**|**£**
**2023**
1,558
**1,558**
(540)
**1,018**
**1,018**
**1,018**
1,018
**1,018**|**£**
**2022**
1,171| |---|---|---| |||**1,171**| |||(480)
**691**| |||**691**| |||**691**| |||691| |||**691**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Sol Unsdorfer Trustee 31 January 2024 5 of 9 The Jewish Book Trust UK Notes to the Financial Statements For the year ended 31 March 2023 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011. The Jewish Book Trust UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received
**nvestment income**
**Unrestricted funds**
Bank interest receivable|**2023**
**£**
64,000
**64,000**
**2023**
**£**
14
**14**|**2022**
**£**
-| |---|---|---| |||**-**| |||**2022**
**£**
-| |||**-**| ## **3. Investment income** ## **4. Costs of charitable activities by fund type** |**osts of charitable activities by fund type**||| |---|---|---| ||**2023**|**2022**| ||**£**|**£**| |**Unrestricted funds**||| |Charitable donations|63,000|63,000| |Support costs|687|602| ||**63,687**|**63,602**| 6 of 9 The Jewish Book Trust UK Notes to the Financial Statements Continued ## For the year ended 31 March 2023 ## **5. Costs of charitable activities by activity type** |**Activities undertaken directly**
Charitable donations
**6. Analysis of support costs**
**Governance costs**
Accountancy fees
Other finance costs
**7. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Accountancy fees
**8. Particulars of employees**
Staff
**9. Comparative for the Statement of Financial Activities**|**2023**
**£**
63,687
**2023**
**£**
540
148
**688**
**2023**
**£**
540
**2023**
0
**0**|**2022**
**£**
63,602
**2022**
**£**
480
122| |---|---|---| |||**602**
**2022**
**£**
480| |||**2022**
0| |||**0**| |||| The comparative year values on the Statement of Financial Activites are for unrestricted funds. 7 of 9 ## The Jewish Book Trust UK Notes to the Financial Statements Continued For the year ended 31 March 2023 ## **10. Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**||||| |---|---|---|---|---| |Accruals and deferred income
**Movement in funds**
**Unrestricted Funds**
_General_
General
**Unrestricted Funds - Previous year**
_General_
General
**Purpose of unrestricted Funds**
General
To fund the activities of the charity|**Balance at**
**01/04/2022**
**£**
691
**691**
**Balance at**
**01/04/2021**
**£**
64,293
**64,293**|**Incoming**
**resources**
**£**
64,014
**64,014**
**Incoming**
**resources**
**£**
-
**-**|**2023**
**£**
540
**540**
**Outgoing**
**resources**
**£**
(63,687)
**(63,687)**
**Outgoing**
**resources**
**£**
(63,602)
**(63,602)**|**2022**
**£**
480| |||||**480**| |||||**Balance at**
**31/03/2023**
**£**
1,018| |||||**1,018**| |||||**Balance at**
**31/03/2022**
**£**
691| |||||**691**| |||||| ## **11. Movement in funds** ## **12. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
1,018
1,018| |---|---| ||**1,018**
**1,018**| 8 of 9 The Jewish Book Trust UK Notes to the Financial Statements Continued For the year ended 31 March 2023 ## **Previous year** |**Unrestricted funds**
_General_
General|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
691
691| |---|---| ||**691**
**691**| 9 of 9