NEZER HATALMUD CHARITY REGISTRATION NUMBER: 1204317
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MAY 2024
NEZER HATALMUD
INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MAY 2024
Pages Charity Information ............................................................................................. 3 Trustees’ Annual Report ..................................................................................... 4 Independent Examiners Report To The Trustees ............................................... 6 Statement Of Financial Activities ......................................................................... 7
2
NEZER HATALMUD
CHARITY INFORMATION FOR THE YEAR ENDED 30 MAY 2024
The Board of Trustees
Mr A Brecher Mr M J Berger Mr S Low
Principal Address 59 Hillside Road London N15 6LU
Independent Examiner Finer Accounting Ltd 36 Ravensdale Road London N16 6SH
3
NEZER HATALMUD
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 30 MAY 2024
The trustees present their report with the financial statements of the charity for the year ended 30 May 2023.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity shall be:
-
To advance the education and the religion of the Jewish faith in accordance with orthodox practice in particular to create and maintain and run orthodox Jewish schools
-
To relieve poverty
-
Such other purposes as are recognised by English law as charitable
Public benefit
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit, when reviewing the aims and objectives and in planning the charity's future activities. The aims of the charitable company for the public benefit are detailed in the 'Objectives and Activities' section of this report and the main activities undertaken in order to carry out the charitable company's aims for the public benefit are outlined under 'Achievements and Performance' below.
Grant Making
The trustees support charities whose objects are in line with the objects of this charity. The charity accepts any grant application subject to the trustees' review. Financial help is then given according to circumstances and funds then available.
FINANCIAL REVIEW
Financial position
The financial results for the year to 30 May 2024 are shown in the attached financial statement.
Reserves policy
Reserves (that is those funds that are freely available) are needed to bridge the funding gaps between spending on activities and receiving resources through voluntary donations and grants.
4
NEZER HATALMUD
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Trustees may be appointed by the existing trustees at any time, either to fill a casual vacancy or as an addition to the existing trustees. Any trustees so appointed will hold office only until the next Annual General Meeting and will then be eligible for re-election.
No trustee had any beneficial interest in any contract with the charitable entity during the year. Potential trustees are invited to informally attend trustee meetings prior to appointment and a comprehensive induction programme is available. Additionally individual trustees may undertake external training in a particular area of their role on the governing body.
Organisational structure
The board of trustees must have at least 3 trustees serving at one time. These trustees liaise with the senior administrator who is appointed by the trustees to manage the day-to-day running of the charity.
The trustees meet on a regular basis.
Risk management
The trustees regularly undertake a review of the major risks to which the charity is exposed, and systems designed to mitigate those risks are considered on an ongoing basis.
The trustees recognise the absolute necessity of ensuring the protection and safety of all those that the charity serves. This includes the trustees as well as those who receive grants from the charity.
APPROVAL
This report was approved by the trustees on and signed by:
Mr A Brecher - Trustee
By Order of the Board
5
NEZER HATALMUD
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 30 MAY 2024
I report the trustees on my examination of the financial statements of Nezer Hatalmud ('the charity') for the year ended 30 May 2024 set out on page 7.
RESPONSIBILITIES AND BASIS OF REPORT
As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements 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.
Uri Feiner FMAAT Independent Examiner Finer Accounting Ltd 36 Ravensdale Road London N16 6SH Date: 27 February 2025
6
NEZER HATALMUD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 MAY 2024
Section A Income and Expenditure
| Unrestricted Funds |
Unrestricted Funds |
|---|---|
| Income 36,336 |
|
| Expenditure | |
| Bank Charges | 88 |
| Activities | 10,318 |
| Telephone | 216 |
| Wages | 1,765 |
| Professional Fees | 17,873 |
| Total Expenditure | (30,260) |
| Cash funds last year end | 0 |
| Cash funds this year end | 6,076 |
| Section B Statement of assets and liabilities at the end of the period | |
| Cash Funds 6,076 |
These financial statements were approved by the members of the committee on the 27 February 2025 and are signed on their behalf by
Mr A Brecher - Trustee By Order of the Board
7