REGISTERED CHARITY NUMBER: 1178879
Report of the Trustees and
Unaudited Financial Statements FOR THE YEAR ENDED 30 September 2024
for
FRIENDS OF ORCHOS TORAH
Weissbraun Emanuel Chartered Accountants 220 The Vale Golders Green London NW11 8SR
FRIENDS OF ORCHOS TORAH
Contents of the Financial Statements FOR THE YEAR ENDED 30 SEPTEMBER 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
FRIENDS OF ORCHOS TORAH
Report of the Trustees FOR THE YEAR ENDED 30 SEPTEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 30 September 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 objective of the charity is the advancement of Orthodox Jewish Religious Education, particularly by assisting the Yeshivas Orchos Torah in Israel.
Public benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the grantmaking policy.
Grantmaking
The charity raises funds in order to make grants to Yeshivas Orchos Hatorah in Israel.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year the charity received donations from individuals which totalled £64,639 (2023: £1,599,768) and made grants of £66,359 (2023: £1,589,722) to Yeshivas Orchos Torah in Israel.
This left the charity with unrestricted funds of £12,633 (2023: £14,396) at the year end. The trustees do not consider it necessary to keep excess money in reserves due to the grantmaking nature of its operation.
Internal and external factors
There are no specific factors to report.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Risk management
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to major risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1178879
Principal address
First Floor Winston House 349 Regents Park Road London N3 1DH
Trustees
Mr L Levison Mr D T Klein Mr A Y Melinek Mr M Silber
Page 1
FRIENDS OF ORCHOS TORAH
Report of the Trustees
FOR THE YEAR ENDED 30 SEPTEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Michael Weissbraun Weissbraun Emanuel Chartered Accountants 220 The Vale Golders Green London NW11 8SR
Approved by order of the board of trustees on 13 June 2025 and signed on its behalf by:
Mr A Y Melinek - Trustee
Page 2
Independent Examiner's Report to the Trustees of Friends of Orchos Torah
Independent examiner's report to the trustees of Friends of Orchos Torah
I report to the charity trustees on my examination of the accounts of Friends of Orchos Torah (the Trust) for the year ended 30 September 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
-
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.
Michael Weissbraun
Weissbraun Emanuel Chartered Accountants 220 The Vale Golders Green London NW11 8SR
8 July 2025
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FRIENDS OF ORCHOS TORAH
Statement of Financial Activities
FOR THE YEAR ENDED 30 SEPTEMBER 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 EXPENDITURE ON Raising funds 3 Charitable activities 4 Grants made to Yeshivas Orchos Torah Other charitable activities Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 Unrestricted fund £ 64,639 - 66,359 43 66,402 (1,763) 14,396 12,633 |
2023 Total funds £ 1,599,768 7,101 1,589,722 32 1,596,855 2,913 11,483 14,396 |
|---|---|---|
The notes form part of these financial statements
Page 4
FRIENDS OF ORCHOS TORAH
Balance Sheet 30 SEPTEMBER 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 12,633 NET CURRENT ASSETS 12,633 TOTAL ASSETS LESS CURRENT LIABILITIES 12,633 NET ASSETS 12,633 FUNDS Unrestricted funds 12,633 TOTAL FUNDS 12,633 |
2023 Total funds £ 14,396 14,396 14,396 14,396 14,396 14,396 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 13 June 2025 and were signed on its behalf by:
Mr A Y Melinek - Trustee
The notes form part of these financial statements
Page 5
FRIENDS OF ORCHOS TORAH
Notes to the Financial Statements FOR THE YEAR ENDED 30 SEPTEMBER 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.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
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. DONATIONS AND LEGACIES
| Donations | 2024 £ 64,639 |
2023 £ 1,599,768 |
|---|---|---|
continued...
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FRIENDS OF ORCHOS TORAH
Notes to the Financial Statements - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024
3. RAISING FUNDS
Raising donations and legacies
| Fundraising 4. CHARITABLE ACTIVITIES COSTS Grant funding of activities (see note 5) £ Grants made to Yeshivas Orchos Torah 66,359 Other charitable activities - 66,359 5. GRANTS PAYABLE Grants made to Yeshivas Orchos Torah |
2024 £ - Support costs (see note 6) £ - 43 43 2024 £ 66,359 |
2023 £ 7,101 Totals £ 66,359 43 66,402 2023 £ 1,589,722 |
|---|---|---|
6. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Finance | |
| £ | |
| Other charitable activities | 43 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.
8. STAFF COSTS
There were no staff costs for the year ended 30 September 2024 nor for the year ended 30 September 2023.
continued...
Page 7
FRIENDS OF ORCHOS TORAH
Notes to the Financial Statements - continued FOR THE YEAR ENDED 30 SEPTEMBER 2024
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2024.
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