**KOLLEL D`CHASIDEI BELZ LTD (A company limited by guarantee)**
**Trustees' report and financial statements for the year ended 30 September 2022**
KOLLEL D`CHASIDEI BELZ LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 SEPTEMBER 2022
||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 2022
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 2022. 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 29[th] June 2023
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 2022 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
- 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
- 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:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
- 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 29[th] June 2023
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 2022
|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 2022
£
£
107,741
107,741
0
0
107,741
107,741
0
0
78,015
78,015
2,721
2,721
80,736
80,736
27,005
27,005
-31,618
-31,618
-4,613
-4,613|2021
£
36,237
19,998|
|---|---|---|
|||56,235
984
52,964
2,943|
|||56,891
-656
-30,962|
|||-31,618|
The Notes form part of the financial statements
Page 5
## KOLLEL D'CHASIDEI BELZ LTD
|2022
Notes
£
£
FIXED ASSETS
Fixtures & Fittings
3
1,000
CURRENT ASSETS:
Cash at bank and in hand
1,943
Other Debtors
Prepayment
2,400
4,343
CREDITORS: amounts falling
due within one year
4
-9,956
Net Current assets/(liabilities)
-5,613
CREDITORS: Amounts falling
5
0
due after more than one year
NET ASSETS:
-4,613
FUNDS
6
Unrestricted funds
-4,613
TOTAL FUNDS
-4,613
BALANCE SHEET
30-Sep-22|2021
£
£
1,500
12,510
1,162
4,800
18,472
-2,843
15,629
-48,747
-31,618
-31,618
-31,618|2021
£
£
1,500
12,510
1,162
4,800
18,472
-2,843
15,629
-48,747
-31,618
-31,618
-31,618|
|---|---|---|
||||
|||-48,747
-31,618|
|||-31,618|
|||-31,618|
The Charitable company is entitled to exemption from audit under section 477 of Companies Act 2006 for the year ended 30 September 2022
The trustees have not required the charitable company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with section 476 of Companies Act 2006.
The trustees acknowledge their responsibilities for
- a) ensuring that the charitable company keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and
- 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: 29 June 2023 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 2022
## 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: 10 (2021: 7)
Page 7
## KOLLEL D'CHASIDEI BELZ LTD
## NOTES TO THE FINANCIAL STATEMENTS
for the year ending 30 September 2022
## 3 FIXED ASSETS
|3
FIXED ASSETS||||
|---|---|---|---|
|Office
Equipment
COST:
£
At 1 October 2021
2,500
Additions
At 30 September 2022
2,500
DEPRECIATION:
At 1 October 2021
1,000
Charge for year
500
At 30 September 2022
1,500
NET BOOK VALUE:
At 30 September 2022
1,000
At 30 September 2021
1,500
4
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR
2022
£
Other creditors
9,296
Accurals
660
9,956
5
CREDITORS: AMOUNTS FALLING
2022
DUE WITHIN ONE YEAR
£
6
MOVEMENTS IN FUNDS
At 1.10.21
Net movement
in funds
£
£
Unrestricted funds
General fund
-31,618
27,005
TOTAL FUNDS
-31,618
27,005
Net movement in funds, included in the above are as follows:
Incoming
Rescources
resources
expended
£
£
Unrestricted funds
General fund
107,741
80,736
TOTAL FUNDS
107,741
80,736|At 1.10.21
£
-31,618|Office
Equipment
£
2,500
2,500
1,000
500
1,500
1,000|Totals
£
2,500
0|
||||2,500|
||||1,000
500|
||||1,500
1,000|
|||1,500
2022
£
9,296
660
9,956
2022
£
Net movement
in funds
£
27,005
27,005|1,500|
||||2021
£
2,243
600|
||||2,843|
||||2021
£
48,747|
||||At 30.09.22
£
-4,613|
||-31,618||-4,613|
||||Movement in
funds
£
27,005|
||||27,005|
Page 8
## KOLLEL D'CHASIDEI BELZ LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ending 30 September 2022
|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
Cleaning
Food
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 2022
£
£
107,741
107,741|2021
£
36,237|
|---|---|---|
||0
0|19,998|
||107,741
107,741
0
0
10,000
10,000
62,226
62,226
2,400
2,400
0
0
640
640
2,249
2,249
0
0
0
0
500
500
78,015
78,015
660
660
807
807
859
859
395
395
2,721
2,721
80,736
80,736
27,005
27,005
27,005
27,005
-31,618
-31,618
-4,613
-4,613|56,235
984
10,000
36,587
2,400
1,627
0
0
1,030
820
500|
|||52,964
600
1,305
250
788|
|||2,943
56,891
-656
-656
-30,962|
|||-31,618|
This page does not form part of the financial statement
Page 9