SIMCHA DAYS IN
Trustees' report and financial statements for the year ended 31 March 2024
SIMCHA DAYS IN
| Page | |
|---|---|
| Legal and administrativeinformation | 1 |
| Trustees'report | 2 |
| Independent examiner'sreport | 3 |
| Statement of financialactivities | 4 |
| Balancesheet | 5 |
| Notes to the financialstatements | 6-8 |
SIMCHA DAYS IN
Legal and administrative information
| Trustees | M C Goldstein |
|---|---|
| S R Elbaum | |
| M Weltscher | |
| Charity number | 1184888 |
| Office | 7 Colberg Place |
| London N16 5RA | |
| Independent examiner | JS&CO Accountants Ltd |
| 26 Theydon Road | |
| London E5 9NA | |
| Bankers | Barclays |
Page1
SIMCHA DAYS IN
Trustees'report
for the year ended 31 March 2024
Constitution
The charity is governed by declaration of trust dated 13[th] August 2019
Organizational structure
The trustees have served throughout the year. The power to appoint new trustees is vested in the current board. All funds are raised by the trustees.
Objects for public benefit
Out of school holiday club which provides activities and supports children with poverty and provides hot meals. We also provide clubs for mothers and babies advice. Supported this year over 250 children.
Review of activities and achievements
Supported people in poor living conditions by providing them food and after school activities.
Plan for the future
We would like to provide skill workshops and advice for young children and parents.
Reserve policy
The charity aims to have 3 month of reserve
Risk review
The trustees have reviewed the major risks that the charity faces and confirm that they have established systems to mitigate them.
Statement of trustees' responsibilities
Charity law 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 at the year end and of its incoming resources and resources expended during that year.In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which 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, the Charity (Accounts and Reports) Regulations 2008 and the trust deed. They are also responsibleforsafeguardingtheassetsofthecharityandhencefortakingreasonablestepsforthepreventionand detection of fraud and other irregularities.
This report was approved by the trustees on 8[th] April 2025 and signed on their behalf by
Trustee
Page2
SIMCHA DAYS IN
Notes to the financial statements
for the year ended 31March 2024
Independent examiner's report to the trustees on the unaudited financial statements of SIMCHA DAYS IN.
.
I report on the financial statements of the trust for the year ended 31March2024.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section144(2)of the Charities Act 2011 (the 2011 Act)and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011Act;
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to follow procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b)ofthe2011Act;and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts,and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit ,and consequently no opinion is given as to whether the accounts present 'a true and fair view 'and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination ,no matter has come to my attention:
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(1)which gives me reasonable cause to believe that, in any material respect ,the requirements
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to keep accounting records in accordance with section130of the 2011Act;and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the2011Act
have not been met ;or
- (2)to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
JS & Co Accountants Ltd
26 Theydon Road London E5 9NA
8 April 2025
Page3
SIMCHA DAYS IN
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024
| Notes INCOMING FROM Donations & Legacies Charitable Activities 4 Total Incoming resources EXPENDITURE ON Rasing funds 5 Charitable activities 6,7,8 Total expended NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 2024 2024 2023 2023 2023 Unrestricted Restricted Total Funds Unrestricted Restricted Total Funds £ £ £ £ £ £ 7,406 7,406 20,847 20,847 20,000 20,000 0 |
|---|---|
| 7,406 20,000 27,406 20,847 0 20,847 2,074 2,074 0 0 5,355 2,359 7,714 21,913 21,913 |
|
| 7,429 2,359 9,788 21,913 0 21,913 -23 17,641 17,618 -1,066 0 -1,066 638 0 638 1,704 0 1,704 |
|
| 615 17,641 18,256 638 0 638 |
The Notes form part of the financial statements
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SIMCHA DAYS IN
| 2024 Notes £ £ CURRENT ASSETS: Cash at bank and in hand 18,916 18,916 CREDITORS: amounts falling due within one year 9 -660 Net Current assets/(liabilities) 18,256 NET CURRENT ASSETS: 18,256 FUNDS 10 Unrestricted funds 615 Restricted funds 17,641 TOTAL FUNDS 18,256 Approved by the board of Trustees on: And signed on their behalf by: 08 April 2025 BALANCE SHEET 31-Mar-24 |
2023 £ £ 638 638 0 638 638 638 0 638 |
2023 £ £ 638 638 0 638 638 638 0 638 |
|---|---|---|
| 638 | ||
| 638 0 |
||
| 638 | ||
Trustee
The Notes form part of these financial statements
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SIMCHA DAYS IN
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 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
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.
3 RELATED PARTY
There were no related party transactions during the year
4 INCOMING FROM
| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | ||
| Funds | Funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Donations & Legacies | 7,406 | 7,406 | 20,847 | ||
| Charitable Activities | 20,000 | 20,000 | |||
| TOTAL | 7,406 | 20,000 | 27,406 | 20,847 | |
| 5 | RAISING FUNDS | ||||
| Total | Total | ||||
| Unrestricted | Restricted | Funds | Funds | ||
| Funds | Funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Fundraising | 2,074 | 0 | 2,074 | 0 | |
| 6 | COSTS OF CHARITABLE ACTIVITIES BY | ACTIVITY TYPE | |||
| Total | Total | ||||
| Unrestricted | Restricted | Funds | Funds | ||
| Funds | Funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Out of school activities and food provided | 0 | 2,359 | 2,359 | 19,629 | |
| 0 | 2,359 | 2,359 | 19,629 |
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SIMCHA DAYS IN
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
7 GOVERNANCE COSTS
| 7 GOVERNANCE COSTS |
||||
|---|---|---|---|---|
| Unrestricted Funds Restricted Funds £ £ Accountancy 660 660 0 8 Support Cost Advertising 645 Office supplies Rent 4,050 4,695 0 10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals 11 MOVEMENTS IN FUNDS At 1.4.23 £ Restricted funds General fund 0 Unrestricted funds General fund 638 TOTAL FUNDS 638 Net movement in funds, included in the above are as follows: Incoming resources £ Restricted funds General fund 20,000 Unrestricted funds General fund 7,406 TOTAL FUNDS 27,406 |
Unrestricted Funds £ 660 |
Restricted Funds £ |
Total Funds 2024 £ 660 |
Total Funds 2023 £ 420 |
| 660 | 0 | 660 | 420 | |
| 645 4,050 |
645 0 4,050 4,695 2024 £ 660 660 Net movement in funds £ 17,641 -23 17,618 Resources expended £ 2,359 7,429 9,788 |
364 1,500 |
||
| 4,695 | 0 | 1,864 | ||
| At 1.4.23 £ 0 638 |
2023 £ 0 |
|||
| 0 | ||||
| At 31.03.24 £ 17,641 615 |
||||
| 638 | 18,256 | |||
| Movement in funds £ 17,641 -23 |
||||
| 27,406 | 17,618 |
12 TAXATION
Simcha Days In is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
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