Ner Ylyael Gema(h
(tharity No. 1184874
Trustees. Report and Unaudlted Accounts
05 Aprll 2023

Ner fisrael Gemath
Contents
Pages
2to3
Trustees, Annual Report
Independent Examiner's Report
Ststement of Financial Activities
Balance Sheet
Notes to the Accounts
7toll
Detailed Statement of Finanaal ActiNities
12
Page I

Ner Yisrael Gemath
T￿$t￿$ Annual Report
The trustees present their report with the unaudited finanual statements of the tharity for the year ended 5
April 2023.
REFERENCE AND ADMINISTRATIVE DEfAILS
Charty No. 1184874
Principal Office
Ner Yisrael Community Centre
The Crest
London
NW4 2HY
Trustees
The following trustees served during the year:
P. Blank
A. Gddber8
D. Lauber
Accountants
Lealindis Limtted
71 London Road
Newark
NG24 IRZ
OBJEcfivES AND AcfivTfiES
Its objertives are to provide relief of financial hardship, either generally or individually. in parkncular, but not
eXclu￿Very, of the Jewish community living in the vicinity of the Ner Yisrael Synagogue and the surrounding
areas. by making grants of money for providing or paying for items. services or facilities.
The trustees are pleased with the level of donatlons recefved duringthe charity's third period of activty.
The trustees confimi that they have given due con&deration to the (harity Commission's guidance on the
public benefit requiremenL
FINANaAL REVIEW
Thé excess of expenditure over income forthe year amounted to a deficrt of £20.61712022.. deficFt £38,280).
This will be dedutted from the reserves which now stand at £102,58912022: £123.2061.
The trustee5 are of the opinion that as the tharity enjoys continuin8 5UPPOrt from several donor5 that It Is
appropriate for the Going Concem basis to be used.
PLAN5 FOR FirfuRE PERIODS
Whilst the charity has no ongoing commitments the trustees are looking to maintsin or increase the level of
donor contributions in the coming year. thus enabling thè charity to continue to provide grants as needed.
Page 2

Ner Yisrael Gemath
Trustees Annual Report
STRUCTURE, GOVERNANCE AND MANAGEMEKr
The charty is controlled by its go¥Emirg document and is constituted as a Charitsble Incorporated
Organisation.
There must be at least three charity trustees. ff the number falls below this minimum, the remaining trustee5
or trustees may act only to call a rneetinE of the charrty trustees, or appoint è new charity trustee. The
maximum number of charity trustees 15 five. Every trust& must be appointed by a resolution passed at
properly convened meeting of the charty trustees. In selecting individuals for appointment as tharity
trustees, the (harity trustees must have regard to the skills, knowledge and expWIen￿ needed for the
effective administration of the tharity.
The above report has been prepared in accordance with the Charities SORP IFR51021.
Statement of trustees, responslbllitles kn relation to the financial statements
The charity trustees are responsible for preparing a trustee5' annual report and finanaal ststements in
accordance wwth applicable law and United Kingdom Accountlng Standards {United Kingdom General
Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting record5 that disclose with reasonable accuracy at
any time the financial position of the charwty and to enable them to ensure that the financial statements
comply with the Charities Art 2011. the applicable Charities (Accounts and Reportsl Regul8tEons, and the
provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and
hence tsking reasonable steps for the pre￿ntion and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
P. Blank
Trustee
28 July 2024
Page 3

Ner Yisrael Gemach
Independent Examlners Report
Independent Examinerfs Report to the trustees of Ner ftsrael Gemath
I report to the trustees on my examination of the finanaal statements of Ner Yisrael Gemach for the year
ended 5 April 2023.
Responsibilitie5 and basls of report
As the tharity'5 trustees you are responsitjle forthe preparation of the fin￿tIal ststements in accordance
with the requirements of the Charities Art 2011 l*he Art'l.
I report in respect of my examination of the charity's financial statements 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 14515llbl of the ACL
Independent examine¢s statement
I have completed my examination. I can confirm that no material rnatters have come to my attention in
connection wf(h the examination gtwng me cause to believe that In any material respect:
the accounting records were not kept in respect of the charity as required by sectlon 130 of the Act,. or
• the financial statements do not accord with those records.. or
the financial statements do not comply with the appli(able requirements conceming the form and
content of financial statements set out in the (harities (Accounts and Reportsl Regulations 2008 other
than any requirement that the financlal ststements give a *rue and fair, view which is not a matter
considered as part of an indeperldent examination.
I have no concerns and have come across no other rnatters in connectlon wrth the examination to which
attention should be drawn in this report in orderto enable a proper understanding of the financial
statements to be reached.
Chris Wade ICAEW
Lealindis Limrted
71 London Road
Newark
NG24 IRZ
28 July 2024
Page 4

Ner Yisrael Gemach
Ststement of Financial Arti¥ities
for the year ended 5 April 3)23
Unrestricted
funds Totsl funds Total funds
2023
2023
2022
Notes
Income and endowments
from:
Donations and legacies
Investments
104,962
104,962
133,921
li
Total
105,502
105,502
133,932
Expenditure on..
Charltsble activities
Other
125.682
437
125.682
437
171,802
410
Total
126.119
126,119
172,212
Netgains on investments
Net expendlture
Transfers between funds
Net expenditure before other
gains/{losses)
120.617)
120.6171
138,2801
(20.6171
120,6171
138,2801
Other gains and losses
Net movement in fvnds
120,6171
120.6171
138,2801
Re¢onciliation otfvnds:
Total funds brought forward
123,206
123,206
161,487
Total fvnds carrled forward
102,589
102,589
123,207
Page 5

Ner Yisrael Gemach
Balance Sheet
at S April 2023
Charlty No. 1184874
2023
2022
Current assets
Cash at bank and in hand
102,814
102,814
{2251
102,589
123,406
123,406
12001
123,206
Credltors: Amount falling due within one year
Net current assets
Total assets less current liabilities
Net assets excludlng penslon asset or liabHity
Totsl net assets
102.589
123,206
123,206
102,589
102.589
123,206
The funds of the charity
Re5trlcted fiinds
Unrestricted funds
General funds
102,589
123,206
102,589
123,206
Reserves
Total fvnds
102,589
123,206
Approved by the trustee5 on 28 July 2024
And Svdned on their behalF by.
P. Blank
Trustee
28 July 2024
Page 6

Ner Yisrael Gemach
Notes to the Accounts
for the year ended 5 AprN 2023
l Accountin8 pollcies
Basis of preparation
The financial statements have been prepared in accordance wlth Ststement of Recommended Prartice:
Accounting and Reporting by Charitles preparing their accounts in accordance wtth the Financial
Reporting Standard applicable in the UK and Republic rf Ireland (FRS 1021 issued on 16 ju￿ 2014 and the
Financial Reporting Standard appllcable in the United Kingdom and Republlc of Ireland (FRS 1021 and the
Charities Act 2011.
ange In basis of accountlng orto pr￿10￿$ accounts
There has been no chan8e to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for pre¥ious years.
Fund accounting
Unrestricted funds These are available for use at the discretion of thetrustees in furtherancE of the
general objects of the charity-
These are unrestricted funds earmarked by the trnstees for particular purposes.
These are unrestritted funds which include a revaluation reserve representing the
restatsment of investment assets at their market values.
These are available for use subject to restrictions imposed bythe donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognttion of
income
Income is indud&l in the Statement of Financial Activities ISOFAI when the charity
becomes entttled to, and virtually ￿rtain to re￿1Ve, the income and the amount of
the income can be measured with sufficient reliabilrty.
Income with rel*ed Where income has related expenditure the income and related expendr(ure Is
expendI￿re
reported gross in the SOFA.
Donations and
legacies
Voluntsry income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional entitlement
tothe income.
Tax reclaims (
Income from tax redaims is induded in the SOFA at the same tlme as the
donations and gtfts grftldonation to whith it relatss.
Donated services
These are only Èncluded in income (with an equivalent amount in expendrturel
and facilities
where the benefft to the Charity is reasonably quantrfiable, measurable and
material.
Volunteer help
Thè value of any volunteer help received is not induded in the accounts.
Investment Income This is included in the accounts when re￿1Vable.
Galnslllossesl on
This indudes any gain or loss resulting from rwdluing investments to market value
revalLTr3tion of fixed at the end of the yèar.
assets
Gain51llossesl on
investment assets
This indudes any gain or loss on the sale of Investments.
Page 7

Ner Yisrael Gemach
Notes to the Accounts
Expendlture
Recognition of
expendrture
ExpendFture is recognised on an attruals basis. Expenditure indude5 any VAT which
cannot be fully recovered, and Is reported as part of the expenditure to which it
relates.
Expenditure on
raising funds
These comprise the costs associated wlth attracting voluntary income, fijndraislng
trading costs and investment management costs.
Expendtture on
These comprise the costs incurred bythe Charrty in the delrvery of its activities and
chaiitable acttvities ServI￿S in the furtherdnce of Its objects, induding the making of gTrnts and
govemance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been apwoved by the trustees * the end ofthe year but not yet
paid.
These indude those costs associated with meeting the constitutional and ststutory
requirements of the Charity. induding any audit/independent examination fees,
Costs linked to the strategic management of the (harity. together with a share of
other administration cost
These are support costs not allocated to a partit￿lar actiwty.
Grants payable
Governance costs
other expenditure
Taxation
The charity Is exemptfrom tax on Its tharitsble activities.
Cash and cash equi¥alents
Cash and cash equivalents comprise r2sh at bank and on hand. demand deposits with banks and other
5hort-term highly liquid investsnents wrth original maturities of three months or les5 and bank overdrafts.
In the statement of finanaal position. bank overdrafts are shown wtthin borrowlngs or current liabilities.
In the Staternent of Cash Flovts, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and fonn an integral part of the cornpany's ￿$h management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in thè
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliab￿. Creditors and provision5 are normally recognised at their settlement amount after
allowing for any trade discounts due.
Receipt of donated goods faalities and services
All donated goods. facilities arKI services received are recognised within incoming resources and
expenditure at an estlmate of the value to the chartty.
Page 8

Ner Ylsrael Gemach
Notes to the Accounts
2 Ststement of Finanoal Activit*s- prforyear
fund5
2022
fvnds Totsl funds
2022
Income and endowments from:
Donations and legacies
Investments
124A23
li
9.498
133,921
li
Total
124.434
9,498
133,932
Expendlture on".
Charitable activities
Other
102,302
410
69.500
171,802
410
Total
102,712
69,500
172.212
Net income
21.722
160.0021
138,2801
Net Income before other
8ainsl(10sses)
Other gains and losses:
Net movement in fiinds
21.722
160,(1021
138,2801
21.722
160,0021
138.2801
Reconciliation of funds:
Total funds brought fonvard
Totsl funds carried forward
101,484
60,002
161,486
123,206
123,206
3 Income from donatlofts and legacies
Unrestrfrted
Totsl
Total
2022
2023
Donations received
104,%2
104,962
104,962
104,962
133.921
133,921
4 Income from Investments
Total
Totri
2022
2023
Bank interest
540
li
540
li
Page 9

Ner Yisrael Gemach
Notes to the Accounts
Exwdlture on tharitable activities
Unrestii¢ted
Total
2023
Total
2022
E¥penditure on charitt7ble
octivities
Grants paid
6ovemance costs
125,682
125,682
171,802
125,682
125,682
171,802
6 Other èxp•ndltwe
Unrestsirted
Totsi
2023
Total
2022
General administrative costs
Legal and professional costs
212
212
210
225
225
200
437
437
410
7 Staff costs
No employee received emoluments in excess of £60.(KK).
8 Credltors:
amounts falling due within one year
2023
2022
Accruals
225
200
9 Movement in fvnds
225
200
Incoming
resources
(Intluding
Resources
expended
At 5 April
2023
At 6 April gainsllosses
2022
Restrfrted funds:
Unr•strirted fund&.
General fun(ts
123,206
105,502
1126,1191
102,589
Total funds
10 Anatysis of net assets between funds
123.206
105,502
1126,1191
102,589
Unre5tr5tted
funits
Total
Net current assets
102.589
102.589
102,589
102,589
Page 10

Ner Yisrael Gemath
Notes to the Accounts
11 Reconcillatlon of net debt
At 6 Aprli
At 5 April
2023
Cash flows
Cash and cash equivalents
123,406
123,406
(20,5921
120,592)
102,814
102,814
Net debt
123,406
(20,5921
102,814
Page 11

Ner Ytsrael Gemach
Detailed stateft￿t ot Financial Arti¥itles
for the year ended S April 2023
lunds Trtal funds Total funds
2023
2023
2022
Income and endowments from:
Donations and legacies
Donations received
104,%2
104,962
104,962
104,962
133,921
133,921
Investments
Bank interest
540
540
540
540
li
li
Total income and endowments
Expendlture on:
Charitable artivities
Grants paid
105.502
105,502
133,932
125,682
125,682
125,682
125.682
171,802
171,802
Total of expendi￿re on chaiitable
actlvitles
125.682
125.682
171,802
General administrative costs
Bank charges
Software, IT support and related
costs
72
72
140
140
114
212
212
210
Legal and professional costs
Audivlndependent examination
fees
225
225
200
225
225
200
Total of expendttufe of other costs
Total expendtture
Net gains on investments
437
437
410
126.119
126,119
172,212
Net expendltyre
{20,6171
120,6171
(38,2801
Net expenditure before other
8ainsl(losses)
Other Gains
(20,6171
{20,617)
{38,2801
Net movement in funds
120.617)
120,6171
138,280
Reconclliaiion of fvTrds:
Total funds brought forward
123,2(
123,206
161,487
Total fvnds carried forward
102.589
102.589
123,207
Page 12