REGISTERED CHARITY NUMBER: 1189714
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
FOR
LEHEITIV
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
LEHEITIV
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
| 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 | 7 |
LEHEITIV
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2021
The trustees present their report with the financial statements of the charity for the year ended 31 May 2021. 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 advancement of the orthodox Jewish religion for the public benefit by providing grants to synagogues and other religious charities for the provision of religious objects, prayer books and other religious study books, and for the public celebration of religious festivals.
The advancement of orthodox Jewish education and education in general by providing grants to educational institutions.
The relief of poverty for the public benefit by providing grants to other charities working to prevent or relieve poverty and to individuals.
The relief of sickness and infirmity for the public benefit by providing grants to other charities working to relieve sickness and infirmity and to individuals.
Public benefit
The Trustees have taken due heed of their obligations relating to Public Benefit Duty affecting charities, as well as to their obligations under the Equalities Act 2010. The Trustees are satisfied that they meet their obligations.
Grantmaking
Grants are made at the discretion of the trustees and in accordance with the principal objectives of the charity.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year the charity supported religious, educational and other charitable institutions in England. The charity is dependent on income from voluntary donations. The charity's incoming resources during the year were £59,754 and grants paid amounted to £51,924.
FINANCIAL REVIEW
Reserves policy
The reserves policy is to ensure that there is a sufficient stream of income to meet the ongoing calls made on the charity including the possibility of providing capital assets for the needs of charitable institutions.
FUTURE PLANS
The charity intends to carry on its policy of making grants in pursuant of its objects, and continue its activities, as outlined above, for the foreseeable future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a constitution dated 27 May 2020 and constitutes a Charitable Incorporated Organisation.
Recruitment and appointment of new trustees
It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will apply suitable recruitment and training procedures.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1189714
Principal address
15 Devon way Canvey Island SS8 9YD
Page 1
LEHEITIV
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2021
Trustees I S Burstein Mrs E M Burstein Mrs A Marmorstein
Independent Examiner
Malcolm Venitt ACA Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
Approved by order of the board of trustees on 8 February 2022 and signed on its behalf by:
I S Burstein - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEHEITIV
Independent examiner's report to the trustees of Leheitiv
I report to the charity trustees on my examination of the accounts of Leheitiv (the Trust) for the year ended 31 May 2021.
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.
Malcolm Venitt ACA Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
8 February 2022
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LEHEITIV
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2021
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 59,754 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Grants to institutions | 15,819 | |
| Grants to Individuals | 36,105 | |
| Other | 2,457 | |
| Total | 54,381 | |
| NET INCOME | 5,373 | |
| TOTAL FUNDS CARRIED FORWARD | 5,373 |
The notes form part of these financial statements
Page 4
LEHEITIV
| BALANCE SHEET | ||
|---|---|---|
| 31 MAY 2021 | ||
| Unrestricted | ||
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Debtors | 3 | 6,257 |
| Cash at bank | 286 | |
| 6,543 | ||
| CREDITORS | ||
| Amounts falling due within one year | 4 | (1,170) |
| NET CURRENT ASSETS | 5,373 | |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 5,373 | |
| NET ASSETS | 5,373 | |
| FUNDS | 5 | |
| Unrestricted funds | 5,373 | |
| TOTAL FUNDS | 5,373 |
The financial statements were approved by the Board of Trustees and authorised for issue on 8 February 2022 and were signed on its behalf by:
I S Burstein - Trustee
E M Burstein - Trustee
The notes form part of these financial statements
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LEHEITIV
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2021
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.
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. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 May 2021.
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continued...
LEHEITIV
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2021
3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£ Other debtors 6,257 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR £ Other creditors 1,170
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| in funds | 31.5.21 | ||
| £ | £ | ||
| Unrestricted funds | |||
| General fund | 5,373 | 5,373 | |
| TOTAL FUNDS | 5,373 | 5,373 | |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 59,754 | (54,381) | 5,373 |
| TOTAL FUNDS | 59,754 | (54,381) | 5,373 |
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2021.
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