KOLLEL D`CHASIDEI BELZ LTD (A company limited by guarantee)
Trustees' report and financial statements for the year ended 30 September 2021
KOLLEL D`CHASIDEI BELZ LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 SEPTEMBER 2021
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 8 |
| Detailed statement of Financial Activities | 9 |
KOLLEL D`CHASIDEI BELZ LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDING 30 SEPTEMBER 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
12214390 (England and Wales)
Registered Charity number
1186741
Registered office
99 Bethune Road London N16 5ED
Trustees
Cholem Friedman Getzel Weiss
Independent Examiner
JS&CO Accountants Ltd 26 Theydon Road London E5 9NA
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To provide facilities to study and research Jewish law. We also provide assistance to help people to have the right understanding in Jewish law. In addition we provide help for needy families before the Jewish holidays'. Review of activities and achievements
The trustees are pleased with results for the year.
ON BEHALF OF THE BOARD:
Cholem Friedman - Trustee 19[th] June 2022
This page does not form part of the statutory financial statements
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHEER-UP SQUAD LIMITED
I report on the accounts for the year ended 30[th] September 2021 set out on pages five to eight.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011(the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5) (b) of the 2011 Act); and
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to state whether particular matters have come to my attention.
Basis of the 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 you as 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 statements 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 Section 386 and 387 of the Companies Act 2006; and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the 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 2015)
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 6th July 2021
This page does not form part of the statutory financial statements
Page 4
KOLLEL D'CHASIDEI BELZ LTD
STATEMENT OF FINANCIAL ACTIVITIES
for the year ending 30 September 2021
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary Income 7 Grants received 8 Total Incoming resources RESOURCES EXPENDED Fundraising costs 9 Charitable activities Costs of charitable activities - by activity 10 Governance costs 11 Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds Total 2021 £ £ 36,237 36,237 19,998 19,998 56,235 56,235 984 984 52,964 52,964 2,943 2,943 56,891 56,891 -656 -656 -30,962 -30,962 -31,618 -31,618 |
2020 £ 12,653 3,966 |
|---|---|---|
| 16,619 0 45,598 1,983 |
||
| 47,581 -30,962 0 |
||
| -30,962 |
The Notes form part of the financial statements
Page 5
KOLLEL D'CHASIDEI BELZ LTD
| 2021 Notes £ £ FIXED ASSETS Fixtures & Fittings 3 1,500 CURRENT ASSETS: Cash at bank and in hand 12,510 Other Debtors 1,162 Prepayment 4,800 18,472 CREDITORS: amounts falling due within one year 4 -2,843 Net Current assets/(liabilities) 15,629 CREDITORS: Amounts falling 5 -48,747 due after more than one year NET ASSETS: -31,618 FUNDS 6 Unrestricted funds -31,618 TOTAL FUNDS -31,618 BALANCE SHEET 30-Sep-21 |
2020 £ £ 2,000 20,627 0 20,627 -3,589 19,038 -50,000 -30,962 -30,962 -30,962 |
2020 £ £ 2,000 20,627 0 20,627 -3,589 19,038 -50,000 -30,962 -30,962 -30,962 |
|---|---|---|
| -50,000 -30,962 |
||
| -30,962 | ||
| -30,962 |
The Charitable company is entitled to exemption from audit under section 477 of Companies Act 2006 for the year ended 30 September 2021
The trustees have not required the charitable company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with section 476 of Companies Act 2006.
The trustees acknowledge their responsibilities for
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a) ensuring that the charitable company keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and
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b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with all the requirements of the Companies Act 2006 relaiting to financila stataments, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial reporting Standard for smaller entities (effective April 2008)
Approved by the board of Trustees on: 19 June 2022 And signed on their behalf by:
Cholem Friedman- Trustee
The Notes form part of these financial statements
Page 6
KOLLEL D'CHASIDEI BELZ LTD
NOTES TO THE FINANCIAL STATEMENTS for the year ending 30 September 2021
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
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
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost residual value of each asset over its expected useful life, as follows:
Office equipment - 25% reducing balance
2 TRUSTEES REMUNERATION AND BENEFITS
No trustee received remuneration, allowance for or reimbursement of expenses.
EMPLOYEES
Average number of employees, during the year was as follows: 7 (2020: 3)
Page 7
KOLLEL D'CHASIDEI BELZ LTD
NOTES TO THE FINANCIAL STATEMENTS
for the year ending 30 September 2021
3 FIXED ASSETS
| 3 FIXED ASSETS |
|||
|---|---|---|---|
| Office Equipment COST: £ At 1 October 2020 2,500 Additions At 30 September 2021 2,500 DEPRECIATION: At 1 October 2020 500 Charge for year 500 At 30 September 2021 1,000 NET BOOK VALUE: At 30 September 2021 1,500 At 30 September 2020 2,000 4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 £ Other creditors 2,243 Accurals 600 2,843 5 CREDITORS: AMOUNTS FALLING 2021 DUE WITHIN ONE YEAR £ 48,747 6 MOVEMENTS IN FUNDS At 1.10.20 Net movement in funds £ £ Unrestricted funds General fund -30,962 -656 TOTAL FUNDS -30,962 -656 Net movement in funds, included in the above are as follows: Incoming Rescources resources expended £ £ Unrestricted funds General fund 56,235 56,891 TOTAL FUNDS 56,235 56,891 |
At 1.10.20 £ -30,962 |
Office Equipment £ 2,500 2,500 500 500 1,000 1,500 |
Totals £ 2,500 0 |
| 2,500 | |||
| 500 500 |
|||
| 1,000 1,500 |
|||
| 2,000 2021 £ 2,243 600 2,843 2021 £ 48,747 Net movement in funds £ -656 -656 |
2,000 | ||
| 2020 £ 2,989 600 |
|||
| 3,589 | |||
| 2020 £ 50,000 |
|||
| At 30.09.21 £ -31,618 |
|||
| -30,962 | -31,618 | ||
| Movement in funds £ -656 |
|||
| -656 |
Page 8
KOLLEL D'CHASIDEI BELZ LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ending 30 September 2021
| INCOMING RESOURCES Voluntary Income 7 Donations Other Income 8 JRS Grant Total incoming resources RESOURCES EXPENDED 9 Fundraising costs 10 Costs of charitable activities - by activity Support for needy families wages Rent Repairs Advertising Utilities Depreciation Governance costs Accountancy Professional fees Bank Interest Bank charges Total resources expended NET INCOME FOR THE YEAR RECONCILIATION OF FUNDS NET INCOME FOR YEAR Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Total 2021 £ £ 36,237 36,237 |
2020 £ 12,653 |
|---|---|---|
| 19,998 19,998 |
3,966 | |
| 56,235 56,235 984 984 10,000 10,000 36,587 36,587 2,400 2,400 1,627 1,627 1,030 1,030 820 820 500 500 52,964 52,964 600 600 1,305 1,305 250 250 788 788 2,943 2,943 56,891 56,891 -656 -656 -656 -656 -30,962 -30,962 -31,618 -31,618 |
16,619 0 30,000 14,918 0 180 0 0 500 |
|
| 45,598 600 0 0 1,383 |
||
| 1,983 47,581 -30,962 -30,962 0 |
||
| -30,962 |
This page does not form part of the financial statement
Page 9