Charity Number 1178202
GIVING DAY
FINANCIAL STATEMENTS 31 MARCH 2024
GIVING DAY
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
| CONTENTS | PAGE |
|---|---|
| Trustees and professional advisers | 1 |
| Trustees Annual Report | 2 |
| Statement of Trustees responsibilities | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7-8 |
| Detailed statement of financial activities | 9 |
GIVING DAY
TRUSTEES AND PROFESSIONAL ADVISERS
| Registered charity name |
GIVING DAY |
|---|---|
| Charity number | 1178202 |
| Principal office | 57 Hillside Road |
| London | |
| N15 6LU | |
| Trustees | C Honig |
| J Reichman | |
| M Englander | |
| R Frankel | |
| Accountant | JS& Co Accountants Ltd |
| 26 Theydon Road | |
| London | |
| E5 9NA | |
| Bankers |
NAT WEST |
- 1 -
GIVING DAY TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2024
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and administrative details are shown in the schedule of trustees and professional advisers on page 1 of the financial statements.
THE TRUSTEES
The trustees who served the company during the period were as follows:
C Honig J Reichman M Englander R Frankel
All major decisions are taken collectively by the trustees.
The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Giving Day is constituted under a deed dated 2 May 2018. It is a registered charity number 1178202 and was registered on 2 May 2018.
Recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.
RISK REVIEW
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.
OBJECTIVES AND ACTIVITIES
To relive poverty sickness and infirmity, in the orthodox Jewish faith around the world. and for such other purposes as for the benefit of the public, and as recognized as charitable, according to the English law.
RISK MANAGEMENT
The trustees have put in place systems to identify risks and review the systems regularly.
RESERVES
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.
- 2 -
GIVING DAY TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2024
PLANS FOR THE FUTURE
Our plan is to be able to resume with our current programmes in the future and continue to assist the needy.
We hope to get more donations to enable us to support even more of the needy.
Signed on behalf of the trustees
Trustee
22[nd] December 2024
- 3 -
GIVING DAY
STATEMENT OF TRUSTEES' RESPONSIBILITIES
YEAR ENDED 31 MARCH 2024
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales 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 and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
GIVING DAY
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024
| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total 2024 | Total 2023 | ||
| Notes | £ | £ | £ | |
| INCOMING RESOURCES | ||||
| Incoming resources from generated | funds | |||
| Grants and donations | 3 | 13,101 | 13,101 | 2,740 |
| Total Incoming resources | 13,101 | 13,101 | 2,740 | |
| RESOURCES EXPENDED | 4 | |||
| Costs of charitable activities | ||||
| Services running Cost | 13,173 | 13,173 | 2,086 | |
| Governance costs | 396 | 396 | 336 | |
| Total resources expended | 13,569 | 13,569 | 2,422 | |
| NET INCOMING/(OUTGOING) | -468 | -468 | 318 | |
| RESOURCES | ||||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 74 | 74 | -244 | |
| TOTAL FUNDS CARRIED FORWARD | -394 | -394 | 74 |
The Notes form part of the financial statements
-5-
GIVING DAY
| 2024 Notes £ £ CURRENT ASSETS: Cash at bank and in hand 2 2 CREDITORS: amounts falling due within one year 5 -396 Net Current assets/(liabilities) -394 NET ASSETS: -394 FUNDS 6 Unrestricted funds -394 TOTAL FUNDS -394 Approved by the board of Trustees on: And signed on their behalf by: 22 December 2024 BALANCE SHEET 31-Mar-24 |
2023 £ £ 410 410 -336 74 74 74 74 |
2023 £ £ 410 410 -336 74 74 74 74 |
|---|---|---|
| 74 | ||
| 74 | ||
| 74 | ||
Trustee
The Notes form part of these financial statements
-6-
GIVING DAY
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
1 ACCOUNTING POLICIES
Accounting convention
These accounts have been prepared in accordance with the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015). In preparing the accounts, the charity follows best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) issued in March 2005. Where there is a conflict between the FRSSE and the SORP, the SORP has been adopted in accordance with paragraph 419ff of the SORP.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on accurals 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 consitent with the use of resources
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
2 TRUSTEES REMUNERATION AND BENEFITS
No trustee received remuneration, allowance for or reimbursement of expenses.
-7-
GIVING DAY
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
INCOMING RESOURCES
| Incoming resources from generated funds 3 Grants and donations Total incoming resources 4 RESOURCES EXPENDED Services running Cost Goods provided Marketing IT expenses Governance costs Accountancy Total resources expended NET INCOME FOR THE YEAR RECONCILIATION OF FUNDS NET INCOME FOR YEAR Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted funds £ 13,101 13,101 4,596 8,417 160 |
Total 2024 Total 2023 £ £ 13,101 2,740 |
|---|---|---|
| 13,101 2,740 4,596 2,086 8,417 0 160 0 |
||
| 13,173 396 396 13,569 -468 -468 74 -394 |
13,173 2,086 |
|
| 396 336 |
||
| 396 336 |
||
| 13,569 2,422 -468 318 -468 318 74 -244 |
||
| -394 74 |
-8-
GIVING DAY
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
| 8 CREDITORS DUE WITHIN ONE YEAR Accruals |
2024 £ 396 396 |
2023 £ 336 |
|---|---|---|
| 336 |
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 Net movement in funds £ £ 74 -468 74 -468 |
At 31.03.24 £ -394 |
|---|---|---|
| -394 |
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Rescources resources expended £ £ 13,101 13,569 13,101 13,569 |
Movement in funds £ -468 |
|---|---|---|
| -468 |
-9-