**REGISTERED CHARITY NUMBER: 1189714** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** ## **FOR** ## **LEHEITIV** Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL **LEHEITIV** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** |||**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|8| **LEHEITIV** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** The trustees present their report with the financial statements of the charity for the period 1 June 2021 to 30 November 2022. 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. ## **Significant activities** The financial results of the charity's activities for the period ended 30 November 2022 are fully reflected in the attached financial statements together with the notes thereon. The trustees are satisfied with the results and activities of the company for the period. ## **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 £290,761 (2021: £59,754) and grants paid amounted to £277,805 (2021: £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. ## **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. ## **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. Page 1 **LEHEITIV** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1189714 ## **Principal address** 15 Devon way Canvey Island SS8 9YD ## **Trustees** I S Burstein Mrs E M Burstein Mrs A Marmorstein ## **Independent Examiner** Malcolm Venitt Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL Approved by order of the board of trustees on 16 August 2023 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 period 1 June 2021 to 30 November 2022. ## **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** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the **ERROR - relevant professional body must be completed**, which is one of the listed bodies. 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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL 16 August 2023 Page 3 ## **LEHEITIV** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** |||Period|| |---|---|---|---| |||1.6.21|| |||to|Year ended| |||30.11.22|31.5.21| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||290,761|59,754| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Grants to institutions||106,350|15,819| |Grants to individuals||171,455|36,105| |Other||6,024|2,457| |**Total**||283,829|54,381| |**NET INCOME**||6,932|5,373| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||5,373|-| |**TOTAL FUNDS CARRIED FORWARD**||12,305|5,373| The notes form part of these financial statements Page 4 ## **LEHEITIV** ## **BALANCE SHEET 30 NOVEMBER 2022** |||30.11.22|31.5.21| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**CURRENT ASSETS**|||| |Debtors|4|14,195|6,257| |Cash at bank||-|286| |||14,195|6,543| |**CREDITORS**|||| |Amounts falling due within one year|5|(1,890)|(1,170)| |**NET CURRENT ASSETS**||12,305|5,373| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||12,305|5,373| |**NET ASSETS/(LIABILITIES)**||12,305|5,373| |**FUNDS**|6||| |Unrestricted funds||12,305|5,373| |**TOTAL FUNDS**||12,305|5,373| The financial statements were approved by the Board of Trustees and authorised for issue on 16 August 2023 and were signed on its behalf by: I S Burstein - Trustee E M Burstein - Trustee The notes form part of these financial statements Page 5 **LEHEITIV** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** ## **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. ## **Governance costs** Governance costs are associated with the governance arrangements of the charity and relate to the general running of the charity. These costs include audit, legal advice for Trustees and costs associated with meeting constitutional and statutory requirements such as the cost of Trustee meetings and the preparation of the statutory accounts. ## **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 period ended 30 November 2022 nor for the year ended 31 May 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 30 November 2022 nor for the year ended 31 May 2021. Page 6 continued... ## **LEHEITIV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
**Charitable activities**
Grants to institutions
Grants to individuals
Other
**Total**
**NET INCOME**
**TOTAL FUNDS CARRIED FORWARD**
**4.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**5.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**6.**
**MOVEMENT IN FUNDS**
At 1.6.21
£
**Unrestricted funds**
General fund
5,373
**TOTAL FUNDS**
5,373
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
290,761
**TOTAL FUNDS**
290,761|Unrestricted
fund
£
59,754
15,819
36,105
2,457
54,381
5,373
5,373
30.11.22
31.5.21
£
£
14,195
6,257
30.11.22
31.5.21
£
£
1,890
1,170
Net
movement
At
in funds
30.11.22
£
£
6,932
12,305
6,932
12,305
Resources
Movement
expended
in funds
£
£
(283,829)
6,932
(283,829)
6,932| |---|---| continued... Page 7 **LEHEITIV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 JUNE 2021 TO 30 NOVEMBER 2022** ## **6. MOVEMENT IN FUNDS - continued** ## **Comparatives for 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| |Comparative 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| ## **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 30 November 2022. Page 8