RECISTERED CHARITABLE INCORPORATED ORGANISATION NUl¥fRER: CEOJJ198 (Enel*nd And W*les)
REGISTERED CHARITY NUMBER: 1301670
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL 2024
FOR
THE MANNY COHEN FOUNDATION
John Crook & Pai*ners
St¥iLttory auditrK$
255 Green IAnes
Palmers Grnen
London
N13 4XB

THE MANNY COHEN FOUNDATION
CONTE14TS OF THX FINANCIAL STATEMENTS
FOR THB PERIOD 23 JANUARY 2023 TO 30 APRIL 2024
Pige
Report of¢h¢ Tr•stees
I to 4
Report of the fnd¢pendenl Audi¢•
Ststemont of Yin#tttl#l Attivitle$
Bal&BctSheet
CA$h Flow Sta*•m•nt
Notes to the C8$h Fltsw Stllththt
Notes lo the Yirtin¢ial Statements
12 to 16

THE COHEN FOUNDATION
REPORT OFTHE TRu￿EEs
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL 2(124
Th¢ IT￿t¢e9 pr¢￿t their report with th¢ financi￿ statanentr of tht chortty for the PEriod 23 January2023 to
3Q April 2024. The trustses have adopt&J the provi5ion8 of Accountlng and Reporting by ch2iiLlÈ$'. Ststemeni of
Recommended Pra¢tiee opplicablè to chariiies preparing their accounts in accordance wlth the FinanciAI Re￿)rting
St#nd2td 8ppli¢Able in the UK and Republic of Ireland IFRS 102) (effectiv¢ I lanuary 2019).
INTrODu￿rIoN
REGISTRATION
The chayitsble inCOTporat¢d organisation reRis¢¢rwJ 23 J4nuaTy 2023.
OBJEcfIvvs AND AcrJvtTIES
Objt¢tiveg and aims
Durin8 thi8 8ccoui)ting period tho purpose of the foundation as set ovt by the Consti￿tion is thE 8ppIiL7tion of th¢ incom¢
and propèrry of th¢ foundatioii through the p8wn¢nt foi. su¢h purposos which ore charitable according]y to the law of
Bn814nd & W81es a5 the tnthes see tlt by the provisions of grants to chvlti8s ragi5tered in England & 7Nalo5.
Dui'irtg the Jccountin8 p￿10d th¢ foundalion filvthered its charitsble purposes for the public ben¢fitthrough tho award of
grants and donAtithts to Gharitie& registe￿ in Eo8land and Wale&
The trustees rnBolved..
la) That one half of its inroTho be alk)￿kd ￿ Jewish charitie8 and the otlier half ts) noTrJ¢wish ohArities.
(b) That variou¥ CTitEri& were &5tablished in¢ludin& but not Ilmityj to, lh¢ rel￿¢ of suffering In a56&1tan¢e to
th¢xe suffering from ¢an¢¢r and Children.
Ic) That any inwm¥ not expended during this tsr w)y hJtur¢ accountiiig perithj would be cllrried foTw8nl and made
availabl¢ duriM8 the next aw)untiDg p¢rKkl.
Signifieaffit 8ttiYities
During the accounting period the found￿10￿ ]nade wt payments totalling £321300. The 8rant level w3s approved by
the trustees based on ￿rrent in¢tsmr in otd6r nor to deplotr L¥Pt￿l Tttervcs. In prarti¢¢ not all of t11¢ income wa
expended and the exptnded inwme LS behng earried forward to the noxt accounting period.
GThntmaklng
Grants ar¢ *w8rded after the submbslon of 4)pli¢ations to th¢ ILYJSt. Appllcativn5 are ass¢wd to see if they fall WTthin
the chariws obJ¢￿v£S aAd tbetrusteu [￿J¢W applications which mettheir wuiremcnts in ternis of the ben¢fit given.
STRATEGIC REPORT
Athièvtmont and p•rf•rmAII¢•
FulldJTlslnE SCtlvltl¢s
1lie Manny Cohen foundation Is not TecDgnis¢d with the Furtdrnising Regulator and the dwrity hos not carried out arty
typ¢ offulldraisiiig aetiviti¢5.
Inve8ttMettt perfomAllte
The constitu¢ion E4iithori8È8 th6 to mak¢ and l)old investments uslts8 the general fund8 of the foundation. Tho
trust¢es havo the powerto irJv¢st ID any way that thvy see f
It 15 Iho polioy of the trustees to hold wlain propety inv¢th¢ilts and al¥0 investh)ent holdings through a portfolio of
equity, gov¢rnment sto¢ks &nd txusts mana8¢d by 4 Nogni8ed inves(ment manasei. During th¢ acwuntiDs period
the ¢haiity b¢cHrn¢ the owner of four propèrti¢s. Two of th¢ prop6rti&q are being retained a$ inveStm¢n￿. On¢ lias
subsequently been sold with the aale proGeeds being invested and the fourtli i8 ￿l'rentlY the 5ubjKt of a disputo the
intcTrtivn being th8L it will be Sold wh¢n thc di5PUt¢ 1$ I'esolva and tlie net proceeds of saje will then be iiivostsd. Th¢
porLfelio consists of medium risk investments with the objoctive of ad)l&vln8 eapltsl ￿￿til over tlie medium￿0￿8 t¢rni
•ud inmm
At the ond of the year th¢ pn)perty inve5trnEnt$ were Yalued At £10,19Q,000 and th¢ portfolÈo togsther with eash at the
bonk was at £3.054,653.

THE tYJANNY COHEN FOUNDATfoN
REPORT OF TIIE TRUSTEES
FOR THE PERIOD 33 JANUARY 2023 TO 30 APRIL2ftr24
F]nanelAI revlew
R¢5¢rYe5 policy
At the balance sheet datr the foundation hed retsind unreitrict&l funds including property Inveknients totalting
£12.744,607.
PriR¢ipal ri$k8 *nd wnvrt8lntiei
Th¢ trwsttos havt a risk man88emEnt strategy whith ¢onwrw'
-A peTiodic Tevirw of th¢ risks the charity may face.
- The ethbltshment of syst¢ms and protedurel to mitigaté those risks Identif￿ in the review"
- 1Mpkment￿i0n of prorAdures d￿]￿ned to miThimi$e any potential impacE on the charity should ihose rL%ks NLatrriabse.
The trustees consider V￿]db]ILlY of investh￿nI returns to constitute the charity's rn8ior fm8n¢ial risk. This is mitigated
by investlll8 tti speciali3ed charity fvnd5 and having a div¢Tsifi¢d investment portFolio. Any operational Tisk from
inefftrtlV¢ gr￿lt awards is mitt8atrAF by the tEUStets paying close alleniion to the public bentfrt to be derived from their
filndlng of*ppltcotion.
Futhre pl*n$
The tru5tEES envisage that the charity will ¢ontinu¢ to operatc on thE same b￿1$ &s this aecounting wiod save that from
the 24 June 2024 onwards the objects have been 3mended s¢ that paymènt was to be made for such purposos whid) are
charitable a¢cordirtg to the law of England & Wa1¢5 a5 th¢ tn￿e28 See fit, by th¢ proylsions of grnnts to individual4
¢haritsbl¢ institutitsns or othu organisattons wot*ing to furrher 8u¢h purpo8¢5. The Gharity will cOn￿￿￿e to getLer4
In￿lMont retur08 in ord¢r to generate fjnds for dt$tribution &4 8rJDt award$,
STRUCTURE GOVERNANCE AND MANAGEMINT
Covernlng do¢um¢nt
The foundation is ¢ontroll¢d by its goY¢rning docum¢nl a deed of trusl wnstltsrtes a charitsb]E incofpoT8ted
orgoni5ation a5 defined by th¢ Chariti¢s A¢t2011.
Th¢organisation is aeharit&ble foundatson w¢ab]I8h￿ on 29November2022 and re8ithredwith the ThaTityCommi8sion
n 23 January 2023. The organ>sation 15 a chpritabl¢ incorporatyd organssation whose only voting tnembErs ore its
haTity trU8tses and i$ govern￿ by its constitution which 5¢ts Out th¢ ¢)bj¢¢ts aNd pfrweTS of the ¢h¥rity ond 8ov¢rn$ the
action of ihe ttustees.
R¢ernitm¢nt and LptKJiJitmw)t of neY4 trustees
The Constitution permits th¢ board of trustt<% ￿ woint tr￿St1&S as tt considers frt ￿ ¢Jo 80.
RUCTURE, GOVERNANCE AND MANAGEMENT
Oyill￿tionSl $lru¢ture
Durin8 thi5 0cwunting period tho board Of ttu$tees ¢ompTisr three memlJ¢rs who Are In Cont￿twith ¢ach ￿her Whenever
newsary to review the affairs of the charity. All decisions reJatiTr8 to fingth¢ial strategy and polScy are mad¢ by the
board of tyusr¢e&
8Thd Ir•lulng ofnew trust
Ihe tru￿ maintain a good workin8 k￿)W[edge Df chai'ity law and best practÈce.
Page 2

THE MANNY COHEN FOUNDATION
REPORT OF THE TRusfEES
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL 2024
REFERENCE AND ADMINISTRaTJvg DETAILS
Regliter￿ Ch•riiy th￿￿ber
1201670
RegJsttr¢d 4ddrog5
P¢t¢r Brown & Co. Soltcttors LLP
Ground & First Floors Comrr HousB.
1 g Station Road,
Now Bame¢
Herts EN5 IQJ
Tnute¢$
M O Waller
P S Br8hom
F Hardin
J A L D￿ner (￿>￿]￿trA 2911 Ill024}
Audltors
John Crook & Partne
Stxtutory auditOTS
255 G￿N IAn¢s
Pabners Green
Londc
N134XE
Solieitsrs
P*X¢¥ Brown & Co. Solicitoys LLP
Ground & First Floon Com¢r HLWSC.
19 S￿l0n Road.
New BarDet,
Herts ENS IQJ
Inv4Stmont Advlsers
CCLA Fund Manaws Limi￿1
On¢ Ange] Lane
Londcl) BC4R 3AB
Bllnker¥
Hand¢lsbank¢n
ENr￿Id BrAnch"
2nf FIN)r (East Suite). Ni¢ho]a8 House
River FronL Ei)fl¢ld EN3 3TF
STATEMKfu OF TRUmE& REspof481BILITIES
Th¢ ￿￿81¢e5 are responsible for pr¢parin8 the Report of the TnJJt¢¢s and th¢ financial ststEm¢n(s in accoTdonc• with
ry>plir#ble law and Uttited Kin8dom A¢¢ounting Standards (Unita Kingdom Genaralty A￿epted Accouttting Pradicr).
ity law r¢qulr¢s th¢ trustKs to pre￿% finaneial ststqn¢nts for eAch financial yearwliich give a true and fair viowof
the stth of atTair5 of the foundation and of th¢ inco￿ing re8ouTces attd applicAtlon of resources, including the income wjd
expendlttht. of the foundation for that pÈriod. In p￿parIng thoye finoNcial 8tat¢menty tho trustees are ryuir¢d to
soltset suitable accounting policies 2nd then Hpply them wDsist2nty;
obs¢rv¢ the mdhod5 and principle¥ iT] the Charity SORP.
mak¢ judgements Bnd estimatEs th¥ are reasonable and prudEnL
slaty wh¢tha' appliLxbl¢ accwnting stirtdonls have b¢¢n followed, subje¢t to wny mtitEriul departiwes disclosed and
xplained In the financial stat¢mcnts"
pr¢pAre the ffftancial afttsments on the going concern bpsi8 unlg&s it is inapprowiate to presum¢ that th# ¢1￿.1(able
iiiw'por8t0d 0FgartlS￿i0n will continue in business.
Page 3

THE MA14NY COHEN FOUNDATION
REPORT OF THE TRusfEES
FOR THE PERIOD 23 JANUARY 2023 TO 3Q APRIL2024
srATEM£NT OF TRUSTE￿ RESPONSIBJLITIFS- comtinuod
The trustee5 are Iwponsiblt for ke¢ping proper Bccounting re¢ord8 which diaclose with reasonable aceurary at any tim¢
finoncl&l Position of tlie charitable InCo￿Or￿ted orgHntsationand to emabl¢ them to e[L￿rethat the financial Statements
compjy wtth ihe CharS1los Act 201 l. They are also r¢sponsiblc for 5Af¢8uarding the assets of the foundation and henc¢
for tskinm T¢¥¥onable steps for the preveAtion and d¢t¢ction of frDud &nd other irre8uliritl6
In so far as the trustees ar¢ nware:
th¢r¢ is no rp.levant Rudit infi)matlon of whi¢h th¢ foundation's auditor5 ar¢ unawar¢,' and
mlb%e¢5 hav¢ trken all st¢P5 that they Ou￿1 to h&v¢ takeD to mpke theTnsclvrS awarc of any r¢l¢¥¥Jt aud1¢
Infomation and to establish that the auditors are aware of tliat infom)ation.
AUDITORS
The wditors J(thn Crook & PArln¢rs, will bè proposgj for re-4ppoin¢m#ii.
R¢port of ihe trustees. IncoryJorntin8 a itrate8ie r40¢ approved by DrdcT of the btsanl of trugttL* on 26 February 2025
aDd sign&J on the bLMrd% behalf by:
M G Waller.
stee
Pag¢4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE MANNY COHEN FOUNDtiTION
Opinlon
We have 8udit£d th¢ fmancial statsments of The M8nny Coh¢n Foundation (the 'foundation') for the period ended
30 April 2024 which wmpi'i5e the Statern¢nt of Finan¢i41 A¢iivili¢& the Balan¢¢ Slie¢( the Cash Flow Sthtement and
notes to the fi1oD¢ial statement& including a 8￿mm￿Y ef signifirAnt a¢couniing poli¢i¢s, Th¢ financi￿ r¢portlng
fi'amework ¢liatha5 been llpplied in their prep&'ation is applicabl¢ law UnitEd Kingdom Ac¢DuntingStandards (United
Kirk8dom Qen•ralty Accepted A¢¢ountin8 Pract￿￿).
In our OPiTJion the fLnarJcial statemontL
gtve a Irue and fair view of the sta¢¢ of th¢ ¢harttsbl¢ ii]corporat¢d organi5ation'8 affatrs as at 30 ArKil 2024 and of its
illcoming Yesources and 8pplie4tion of r8source$, inGludins its iThcorne and expenditurc, for th¢ pu'iod then end￿.
havo be¢n propBrly pre￿red in acwrdance with United Kingdom Gen¢rnlly A¢¢¢pted Accounting PJ8¢ti¢¢,' and
havo bwi pr¢pwEd in accoith)ce with th¢ Tequir¢mefits of rh¢ Charities Aot 2011.
Basjs tor opknlo
We toiiduct¢d oui. audii in aeLordanee wi(h Int8mational Stanilards om Auditlnx (UK) IISAS (UK)) and applirAbl¢ law.
Our re8pon8ibillti￿ under tht)se $tandBrds are fvrther desGribed irt the Auditors, r¢spon5ibilitle8 for th¢ a￿lit of the
finthcial st8t¢rn¢nts section of our reyort. We #Te indep¢nd¢nt of the charitsble ineorporated organis￿1011, ii) occordance
with the ethical Iwuirem¢nts diat aTe MIev￿t ro our audit of th¢ finon¢iai stst¢m¢nts in the UK. includin8 the FRC
Bthical Stsndrf and we havo fijifilhd our otheT ethiGal r¢8pon5ibilili¢6 in a¢¢ordanc¢ with th&se requirements. W¢
b¢li¢v¢ that the audit evidence we have obt8in¢d 18 sufficient and Hppropiiats to provide a ba$i$ fi)r our opinion.
CO￿1¥510￿5 relafjnE trfj golng £oncern
In auditing ihe financial stathent& w¢ h8v¢ ¢O￿luded that th¢ ttyJ8te¢s' use of the goin8 concern basi8 of a¢¢ouniing in
the prei)aration of ¢hE financial statements is 8ppropri8te.
Based on the work we have performed. w¢ hav¢ nol identified 8ny m4teria] unL£rtaiDtie8 relnting ty evehts or eondltlons
that. indivldually or colleLtiv¢ly. may Gast significant doubt on the eharitable iTKorporated organI￿li0n"S abi15ry to
contitwe &4 a gtsijvg ¢on¢ern for a pwiod of at le&st twolve months from wh¢Th tho fu￿￿'la1 sE8toments or¢ wJthori8¢d for
ue.
Our tvsponsibilhles and th6 ¥esponslbilitie5 tsf the ttuste05 with respect th 8oin8 ￿ncern are de¥¢rib¢d In the relevant
3ections of this report.
Othèt illformatlon
The trustees are T¢5ponsibl¢ for the other infi)rmation. The other infonnation comprlsu the infomation included in th¢
AnAu81 Repor4 oth¢r than the financial atat¢ments8nd our Report of the Indep¢ndMtAuditor5 thereon.
Ouropinion on the financlal statEm¢nts does not coverthe other l￿f0MlatiOn and, ¢xNptlothe ¢xtentoth¢rwi5¢ expli¢itiy
slated in our report, w¢ do not express any form of &vurance conclu5KliI th¢reon.
In connection with our audit of the fmwieial stat¢ment& our re$pon9ibility to read the oth¢r Informatlon 8ftd. in dolt)g
80, consider whethu the other information i8 mateyialty inconsistent with the financid statenients or our knowledge
obtslned in th¢ audit or othorwis¢ appears to be matwially misstat#l. If w¢ identify such maÉor141 inconsi5ten¢ios or
ttppar¢nt material misstatements, we are r4uired to determine wheth¢r diis gives rise to a matsrlal rni8Stat¢mgnt ID the
finAn¢ial stat¢m¢nts tl)ems¢lw. If, based on the WO￿ we liave perfornid, w¢ ¢onclude that th¢r¢ is a mat¢rial
miBStakm¢ni of thi8 other ioforniattory w¢ are r4Usred to r¢ptyt that fact. We h&ve nothin8 to report in this re8ard.
Mitt¢r8 on whlth w¢ are r¢quir¢d to report by ¢x¢¢pilo
We have nothing to report in ¥espect of the following matters whore the Charitiei (A¢¢ount8 and Repons) R¢gulotions
2008 wuires u5 to report to you if, in our opinx)n'.
the iTrfonllatioTr giv￿] in th¢ R¢port of the Tru$t4e6 is incon$lsten¢ in any materlal r&8pxl With the ftn2n¢ial $t8tements;
th¢ foundation has not kept 8d4uaée a¢￿￿nting recorth: or
thts flnancial statcmthts are not in igreement with th¢a¢¢ourtths Reord$ and robJrn6' or
we have not receiv￿ 411 the Information and expl￿atIonS w¢ reqwlro for our audlr.
Page 5

REPORT OF THE INDEPENDENT AVDITORS TO THE TKUSTEES OF
THE MANNY COHRN FOUIYDATION
Re4)on$t￿lItle5 of truyt¢
As explained more fully th¢ Strternent of Trusts05' Rosponsibiliti¢4 the trustres are responsible for the prepèT*ion of
tho financial ststements and for bein8 5atl5figd tha¢ hoy give YA bve and fair view, attd for sueh itiÉernal control as th¢
tru5tee5 det¢imin¢ is necessary tts enablt the weparntion of finantial &tatements that are free fmm material misstat¢meft¢
wheth¢rdu¢ to fraud or mr.
In proparing th8 financial stlltEments. the In￿teeS ar¢ responsii)le for u8e58ing the ch8Titabte illCOTPDT4tEII orwiisation's
ability to ¢olltinu¢ as a going ¢on¢¢m, disclosin8. applicable, m4lt¢rs r¢Jated to Bolng concern and using th¢ 80ing
concern basis of accounting unless th¢ trustees ¢ith¢r intend to liquidate the cknaritable in¢orpo]*ed organis8tion iy
cease orKrntions. or havo no r¢81i8tic alternative but to do so.
Our rnsptsnsfibllltles for the Audtt ofthe rt*temeots
W? have been appointed as auditors under Se¢tion 144 of the Chrtlies Act 2011 and report in accord8nce with the Act
and relevant rc8ulations m&de or having effect tl)¢r¢widcr.
Our obi¢ctiv¢s to obtahn reasonableassurance aboutwheth¢rth¢ finoncial statements as a whole arefres from material
rnisstatan¢nL whethor due to fiaud or error, and to issue a Report of the IndependentAudicors that includes our opi*ion.
Reasotwbk as5uran¢¢ is 8 hish lev81 of assur￿￿. is not¥ gvarant¢e that th audit ¢ondu¢ted in accordance with ISAS
(UK) will alway5 detcrt a m*tti&l miss¢gt2ment when it exists. Mis5tateTnent6 ian aTi5e fiDm fraud or CTror aTJd arr
nsid¢rEd material if. individually or in the 288rGgate, they eould reasonably be expected to influenc¢ th¢ economi
déti8iOtis of us¢r8 tsken OD the basis of these tlnoncial statoments. We ¢nquiTed of manogoment, and board of trust•
whith irKluded obtaining and revi¢wirtE $ypp)thng d0￿Men￿tIOn. con￿MIng tho policieB Nnd procedures
Teiating to..
- Id￿tifying, ¢valuating and crmptying with laws and and whether they were aware of any inswices of norJ-
(X)tnpliatice.'
- Deterting artd re5pondiA8 to the risks of fraud and whetlw th¢y h&v¢ knowl¢d8¢ tsf hb)y ackn￿. suspected or alleged
- The intEmal coThtrolsestablrshed to mitig&te ri5k5 rplated to rx non-compl￿¢£ wlth laws and regulations.
We inspected the minfv of meeting5 of those char8ed with governance.
We obtsinèd an understanding of th¢ leg41 •Thd re8ulatory fratnework thÉtthe ehtrity itt. focusin8 on lawg
d regulations that had a material efftct on th¢ financiai thten￿nts orthÉt had a fundamental effecton the operations of
the charity from our professional and gKtor specific
We Communicat￿ applicable laws and Te8Ut2tions, through￿[ th¢ audit tezm Temained alert trj any ind1¢at￿n$ of
non¢omplk8Thr£ throughout the audit.
We Yeviewed any reports made to regul4t￿s.
We miewed the fulallcial 5t4t¢rn¢nL disclosu￿ and t¢$t¢d these to Eupporting doCuM￿lIatIon to assess ¢omplt&nce with
applicable laws and regulations.
We performed anatyti¢al pro*Lur8sto idontifyanyunusual or un*Kpe¢t¢drelAtkM8hips thatmay indicate risks of tn•krial
mis$tB*meDt duo to fraud.
The extertt io which our ￿￿r£dUr￿ are capabl¢ o(detectin8 irrn8ularilies, including fraud Is dthail￿ below..
In add￿SsIn8th6 risk of frhud throuth m8n88eTrentOY¢rridcof Controls, we tested the approprriateness ofjoumaL8 entries
and 0thlradjustsn￿ts. a58essed wlLetherthe judgements made In m8kin8 I￿OI1ntIng estlthates artr indicative of apotentisl
bl&$ and teBted Signifi￿nt rransA¢tions th2t are unu8ua] or those outside the morn￿1 ¢rwr8¢ of buslnem.
Becaus¢ of th¢ inherenr limiwions of an aydil th¢re is a risk that w$ will not d¢i¢ci all irr¢gularities. in¢ludin8 those
leadin8 lo a ma*rial misstatemEnt in th¢ financial smtements or nO￿￿OmPli￿n¢t with r¢8ul4tion. This risk ir￿ase% the
more that compliance with t law ¢x re8ul¥tion is Ternoved from ihe evenrs and trAn￿￿ti￿n5 reflected in the financial
Sf&r¢menw as we will be less IEkely to becorn¢ aware of instsnces of non4omplianc¢. The rL%k 1$ 4180 gm¢er r¢8•rding
irre8ularities occurring due tts fraud rath¢r ihan ¢rroi', as frAud irbvolves intention￿7 ¢on¢¢alment, forgery. ¢ollusiO
omissiw or m5sreprasentttion.
A fvrther ducription of ourrt8ponsibilitits for the auditof die finan￿81 statements is located on theFinanci31 R¢porniD8.
CoLllh¢iV$websit¢ 9¢ wivw.frc.org.uklLuditorsrespon5ibilirt¢s. Thisdegcription fttrms pArtofour R¢portofth¢lndependeni
A￿]lor%.
Pa8¢ 6

RIIPORT OF THE IP4DEPENDENT AUDITORS TO THE TRusfEES OF
THE MANNY COHEN ￿)uNDATIoN
Use Of our re￿rt
Thi5 report i5 made solely ￿ the foundation'5 trustee& as a body* In w¢Ord•h￿ with Pait 4 of the Charftles (Accourtts and
K4￿rts) Regulation$ 2008. Oui. wdit work lias been undertaken so that we ml8hi state t<> the dioritAble incorporated
organisationl trustees those matters we are required to state lo them in an auditors, repgrt and for no other purpos¢. To
the fullest extent p¢rnittfyl by law. we do not accept or assume responsibility to anyone ollier than the charirable
incorporated tsrganisation and the charitabla incorpotated organisation* tru8ts¢8 as a body* ftjr our audit work, fer this
report. or for the opinion5 w¢ have formed.
John Crook & ParTh)ers
sta￿tOry audtt
Eligible to a¢t a5 an ayditor in t¢mis oFSe¢tion 134 of thecharttias Act 2011
25.5 Gre¢n Lane5
P4lm¢r5 GfBBTh
Loiidon
N134XB
Dth.. 26 Fd)n]ary 2025
Page 7

THE MANNY COHEN FOiINDATION
STATEMEP4T OF FIIYAPICIALACTIVITIES
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL 2Q24
Unrestricted
funds
INCOME FROM
Don￿101)5 and lewies
12.537.702
InvestmMt in¢ome
497 343
Totil
13.035 045
LXPENDITURE ON
Raising funds
64.937
Charftgble scrfvltlo
Gen￿￿1 unrestricted
322.068
Oth¢
TotAI
392,051
Net goin8 on iwestrnonts
101613
NET INCOME
12.744.607
TOTAL FUNDS CARRIED FORWARD
12 744607
The notes fom part of Ilie5e financilll statsTller
Page 8

THE MANNY COHEN FOUNDATION
BALANCE SHEET
30 APRIL2024
Unres(ri¢t
runds
FIXED ASSETS
Tangible a55¢ts
IDVUtments
investments
Investment property
10
354
1,851,613
10.190,000
12
11041,967
CUIiRENT ASSETS
Ca511 at bank
1.203.040
CREDITORS
AnK)unts falling tluc within one y¢ar
13
(70.400)
NET CURRENT ASSETS
1.131640
IX)TAL ASSETS LLSS CURREKr
LIABILITILS
13,174.607
PROVISIONS FOR LIABILITIES
14
(430,NJO)
NET ASSETS
12744607
VUNDS
unrestri¢t￿ funds
15
IL744 607
T(yfAL FUNDS
Thg fina￿lA1 8t*ements were 8pproved by the Bourd of Hnd authori8ed for i&suo on 26 F¢bnwy 21125ond wer
Eigncd on its Uthaif by:
M G W&ller- This¢e¢
Th¢ not¢9 fomi part of these financial 8tytem¢nt8
P￿¢9

THE MAPINY COHEN FOUNDATION
CASH FU)W STAI'EMENT
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL2024
Notes
sh flowg from opernting 8tttviti
Cash generated from eperations
2.882.896
N0t¢ash pr()vlded by opeTrting aEtivili¢s
2.882.896
C￿h flows from illTKe¥tlng aetsvitieJ
Pur¢h83¢ of tanyble fixed ASS¢ts
Pllrchese of fixed asset investm¢nlS
Inlervst Itceived
Divhdends Teceived
(425)
(1.750,￿0)
38,022
32,547
Net cash (used inypwvideAI by investing xtiyititsg
1679 856
Cknnge aThd ¢45b equI￿leThts In
the TeportiTrg period
Cash and eqllivalent8 al the
beElnfjing of the r¢portlThg ￿trIOd
1303.040
C•sh 81￿ tgsh ¢quiY41ÈDt$ at th¢ of
thè report1￿¥ ptr40d
The notes forn) part of these financial statsm¢nts
Page 10

THE MANNY COHEN FOUNDATION
NOTESTO THE CASH FLOW STATFMF.Kr
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL 2024
RECONCILIATION OF NET INCOME TO ￿￿T CASH FLOW FROM OPERATING
ACTIVITIES
NÈt lttcome (or th¢ rEportlAg peTI(rtl (As per thc Stlltemertt OT Ifin•n¢tal
A¢tlvltt¢s)
Adjust)nents for.
Assets ￿)na￿d to charity
Deprs*iation charges
Galns on investments
Intsr¢st rgc4iv¢d
Dividends recelv*l
Provi8ioJi
1ftcrea￿ in ¢r&lito
12,744.607
{10,190,00)
71
(101.613)
(38.022)
132J47)
430.000
N¢t provlded by op¢ratiolls
2 882 896
ANALYSIS OF CHANGL8 IN NET FUNDS
At23.1.23
Cash flow
At30.4.24
Net ¢*sh
Cash at bank
03.04
1203.Q40
1.203,040
03,040
Tot¥1
The noi¥s form pwt of financial stat¢m¢nt8
8¢11

ThE MANf4Y COAEN FOUNDATION
N(YTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 23 JANUARY 20Z3 TO 3() APRIL 2024
AccoupfnNG POLICIES
B#JAs ofpt¢pArittg th¢ fiH•thti81 statethents
The financi81 st&rements ofthe foundation. which is a publi¢ beneflt ￿tity under FRS 102. have pr¢porod in
¥ccordarEce with thc Cliwiti¢s SORP (FRS 102) 'Accounling and Reportlng by Charlties: Ststement of
RecommeThJed Practiceapplicable lo¢l￿rItieS preparingth¢ira¢counts tn aceordancewith the Financial Reporting
Standard applicabl¢ in the IJK and Republic of Ircland (FRS 102) (¢ffxtiv¢ l JBnu8ry 20191,, Financial Re￿rtIn8
Stondard 102'The Financial R¢portiAg Standard appli¢)ble in thc UK and Regubli¢ of Ir¢land 8Thd the Chariti&8
Act 2011. The financial ststernBnt5 hav¢ been prnpared und¢rthB hlstorical cost cor]vention, with theex¢eption of
An￿$￿llents which ore included a¢ rnarket a5 mOdif￿d by th¢ r•valuarioTr of ttTt4in a58¢t&
All income is re￿g￿l￿d in the Sl*ment of FinanGiai Activitie% once the charty has entttkm¢ntts the fund& li
15 probllble thai the income will be rff¢ived and the amount con be rneasured reliably.
xpendltNr¢
Lthbilities gr¢ r¢cognis¢d as expetbdikne as soon as there is a legal or constructry¢ obligation cornmitiill8 th¢
ch2rÈty to that ¢xpendI￿re. it is probable that a trznsfer of e£onomi¢ b&Kfits will be required in settlement and
th¢ amount of the obli8ation ¢an be measuTed reliably. Expetmliture is Rccourtkd for on #m acen]als basis and has
been ¢lassified und¢r he2dtngs thht aggr¢gat¢ all ￿st related to the cate80ry. Where coas caftnot be directly
atsributed to Particul￿ he4duigs they have been allocated to activities on * bosi$ ry)nsk8l¢nt with th6 use of
r#our¢
Grants offercd subject to c¢)ndirions which hay¢ r￿1 b¢¢n met at the Y￿-¢Thd dat¢ not￿1 as a ￿mMItTneRt b
not fis ¢xp¢nditut
Tsnglble tlxeo assets
Deprttiation is provÉded Bt the folkwin$ ann￿1 rates iii ord* to write off each assetovtr its ￿lI￿a￿d us•ful lif
Computsr equipment
25% on r&ucing balan
Investrnent property
Investment propety li shtswn at Thost recent valuation. Any a88Te8ale surplus or defirit orising change4 in
fair value is recognised in the Ststement of Fimneitl Aetivitits.
T8J4tlon
The charty is exempt from corporation ttx on its chgrit4ble a¢t1Yltl￿.
Fund
Unrestrlcted fund$ can be #¢¢OTdan¢e with ihe ¢haritable obi¢ctive$ at thc dKIc￿lOn of the truste¢5.
R&%trieted funds Can onty b¢ used forparti¢ular r•strict¢d purposes withth the objecis ofthe chgrity. Resuiciion5
arise when spKified by the donor or when funds are raiscd fvr particular restrlcted purpose5.
Further ￿PlanatIOn of the nature and pyrpos¢ of fund is included in Ihe notes to fhe financi81 stAtements.
DONATIONS Af4D LEGACIFS
12 537.702
Ir4vESTMENT IT4COME
R¢nt5 r¢c¢ived
Other fixed asset snvesttnents- Dividend$
DEPOSit Account interesr
426,774
32.547
497.343
8e12
eontinu¢d...

THE MANNY COHEN FOUNDA TION
NOTES TO THE FINANCIALsfATEMENTS- continued
FOR THE PERIOD 23 JANUARY 21J23 TO 30 APRIL 2024
RAISING FUNDS
Iwvth¢nt management costs
Prop•rty rwirs 8nd 811¢ ¢lernce
CHARITABLE ACTIVITIES COSTS
Gjant
fundin8 of
a¢ttviti¢S
(￿ll0t¢
Support
sts (see
note 8)
Totals
.General unrestrlrted
321.300
768
322 068
GRANTS PAYABLE
321
The iotal grants p4id to insttlutiDns during th¢ period ¢an E¢ summart8eil ￿ fvIIow8:
Child￿ll and family
Health
EdU￿LI0n
ConflicÉ r8llef
62.31)0
19.000
150,000
321
SUPPORT COW
Gov¢rnaiioe
Fiiianc
Torals
Other resources exp¢nded
GenoY81 ￿￿restriCted
{434)
768
5.4BO
768
334
NET INCOMFJ(ExpEiyfJiTURE)
Net incomeJ(expenditure) 18 statEd afta. char8ingl(cr&Jiting):
Audit￿, reimuneration
Depreciation - Owll￿ ￿ets
5,400
71
TRUSTEESI REMUNERATION AND BENEFITS
Thar We￿ no t￿$t￿, rèmunerd¢ion or oth¢r b¢nefits for th¢ p¢riod endeAI 30 April 2024.
Thewe were no trtsstee¢ ¢xpeN¥ paid ft¢r th¢ period end¢d 30 April 2024.
Pw13
¢ontinlled...

THE MANNY COHEN FOUNDATION
NOTESTO THE FINAP4CIAL STATEMENIS- eoThtinlled
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRIL2O24
IQ. TANGIBLE FIXED ASSETS
Cnmputsr
equipment
COST
Additions
425
DEPRECIATION
Charge for year
71
NET BOOK VALUE
At 30 April 2024
354
FJXED A&SET INVESTMENTS
Listed
investments
MARKET VALUE
Addltlons
R¢valuations
1.750.000
101.613
At 30 April 2024
851613
￿￿T BOOK VALUE
At 30 April 2024
18SI 613
There were no invethent ossets outsidethe U
cost￿ valuation at 30 A￿11 20Z4 i8 reP￿ented by..
investsnents
Valuation ift 2024
101,613
1750 000
l B51613
12.
INVESTMENT PROPERTY
FAIR VALUE
Addlti¢Jns
lQ.190 (M)0
At 30 April 2024
NBT BOOK VALUE
At 30 April 2024
lo.1￿000
13.
CREDITORS: AMOUNT5 FALLING DUE WITFIIN ONE YEAR
Accrual& and deferred incothlle
Page 14

THE MANf4Y COHEN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS- ¢0otinued
FOR THE PERIOD 33 JANUARY 2023 TO 30 APRTL 2024
J4.
PROVISIONS FOR LIABILITtES
Prvvision$
430,CXIO
The foundation has received A propaty from the Estats of Emtnattuel Cohen whi¢h was valued at £1,700.000.
howev¢r Ehe local council, Ha¢kn¢y l)as lodged clairlls against th¢ proputy whKh 8re estimffttsd at £430.OQO in
respe¢t of wodi they undertook following a fir¢ at th¢ property. As indicated tn notp 16 the ¢8¢ima¢¢d liabilfti
hav¢ been JYco8nised atKi afvy &dditl¢)nal liabilities wlll be undeLMritt¢n by the E5tat• of Emmdnu¢l Cohen.
IS. MOVEMENT IN FUNDS
Nat
rnovement
in fund5
Al
30.424
U#restritted fTJnd$
Genèral fund
269-271 Heckney Ro&d.
CapStal Fund
165,856
454.436
12.124
15
165,856
454.436
12 124J15
12 744,607
11744 607
T￿VAL VUNDS
12 744 607
Net movement in funds, included in tl)¢ Jbovè are &$ follows:
Inci)mlng
rosourcos
Gain8 and
1055e$
Mov¢m¢nt
in fvnds
¢xp¢nded
Unr¢$trl¢tsd funds
Generdl fund
2fj9-271 Hackney Road.
Capital Fund
512.343
500.000
12,022.702
(327.114)
(64.937)
185229
435,063
12.124J15
101613
13.035.045
39
051
101.613
12 744.607
TOTAL FUNDS
13,035.043
392,031
101,613
Cxpltsl Fund
This fund is th¢ gifts from th¢ lat¢ Emmanu¢l Cohen. hi5 companie3 and oth¢r m¢rnbET5 of thr families. Tho
tru5t¢es do not iiit¢nd to diJtribut¢ th¢s¢ fv￿ls th¢ foyesEesble fijture And intend to dists'¥hiite the incomè
B￿arated by these assets.
I6￿17] HAckney Ror•d
The foundation WAS gbfted thss piK)p¢ry. whtcli 1$ included In the e4pithl fvnd, but th*iw SDme liabrlltles
suiiin8 from o fire, Tli¢ tt'ustees of the estate provided £51X),000 to Govffl any potential li8biliti¢5. This fvnd 18 to
en5ur¢ that th¢ Wential liabilities are ￿￿oUnted for. The donor hai provkled 8uar8nt2ey for any additstsnal ¢08rs
Yelaib)n to this.
Page 15
¢ontinued.,.

THE MANNY COHEN FOUNDATION
NOTES TO THE FtNANCIAL STATEMtKTS- ¢oMtinued
FOR THE PERIOD 23 JANUARY 2023 TO 30 APRtL 2024
16. RELATED PARTY DISCLOSURKS
During th¢ p¢riod underreview the Found8tion roceived thefollowin8 doThatKJ￿ from rtia*d wies:
£10,705304 from Meserdor Property InvestN￿nts Limit¢d,a company thatw￿0Wned bythe lats FAnmanuel
Coh¢n. Hrlrn Coh¢n and Edith Senett. The direclors ofthe compthy are also rrusteeÈ ofthe Troundation. This
coniprised of £2.215 J64 in coth ond £8.490.000 in pryrti¢5.
£2200,000, in eash &nd Properties. from the Etht¢ of Emmanu¢l Coh￿. Ineluded in the don81iom
r¢c¢ived was a sum vf £500,IJ)O in respeet of potenÉi81 liabilities that rn¥4y ari5¢ in connectLOlJ With 269-271
Hackney lioad. The property wes v&lued by a fim of Chortered Surveyors as having a market value of
£1.700.￿0. howeverth¢ donat￿rt h88 been volued ai £i.270.000 to rwnise the liobilitiesthat may #rise to
third parties, Th¢ trustees of th¢ doJioT have und¢Jtsken to ftimburse any additwnal t¢)$￿ tha¢ may arjse. Tr
tswstees of ih• Bsrar¢ are also th¢ trust#& of the FoLhRdat1￿J.
£IO,QQO each frorn the estates of Bernard Cvhen d#¢￿ed and H¢lctt Beatrice Cohen deee*sed and £27J37
from the estate of Edith S¢nett deLw¢d. These all dona¢ions from th¢ sibling5 of Emmanuel Coha)
dwsed. The tn￿￿¢$ of the tttstes are ajso th¢ trus¢eos of the Foundatton.
Pa8¢ 16