CHARITY REGISTRATION NUMBER: 1205766
B'Yachad Manchester Unaudited Financial Statements
31 December 2024
LEVENSONS LTD
Chartered Certified Accountants Rico House George Street Manchester M25 9WS
B'Yachad Manchester
Financial Statements
Year ended 31 December 2024
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Statement of cash flows | 6 |
| Notes to the financial statements | 7 |
B'Yachad Manchester
Trustees' Annual Report
Year ended 31 December 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
Reference and administrative details
Registered charity name B'Yachad Manchester Charity registration number 1205766 Principal office 17 Stanley Road Salford M7 4EG
The trustees
Mr I Fhima Mrs Y Rosenbaum Mrs SD Bleier Mr ATS Dresner Independent examiner Yisroel Levenson FCCA CTA Rico House George Street Manchester M25 9WS
Structure, governance and management
Governing document
The charity is constituted as a CIO, and is therefore governed by its constitution, incorporated on 16 November 2023.
Recruitment and appointment of new trustees
New trustees are appointed due to their interest in the work of charity and their recognised experience in specific fields which will further support the work of the charity.
Organisational structure
The trustees administer the day-to-day affairs of the charity. None of the trustees have any beneficial interest in the charity.
Induction and training of new trustees
New trustees are given a full induction by the existing trustees. Trustees can retire when they wish as they do not serve under a fixed term of tenure
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B'Yachad Manchester
Trustees' Annual Report (continued)
Year ended 31 December 2024
Objectives and activities
The objects of the CIO are for the public benefit, to relieve the needs of people with additional needs, their families and carers living in Manchester by: a) providing relevant advice, information, assistance, training and peer support to families and carers designed to enable them to better support their children b) providing relevant training to other individuals and organisations involved in the lives of such children designed to enable them to be better equipped to provide appropriate services and support for them.
Achievements and performance
We are pleased to report a successful year for the charity. The charity was able to provide assistance to many individuals with additional needs. The trustees wish to place on record their appreciation to donors for enabling these activities to take place. We look forward to a further year of growth and continued success.
Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
Financial review
Income from donations totalled £52,989 (2023 - £0). Expenditure in furtherance of charitable activities aggregated £33,340 (2023 - £0) resulting in net income of £19,629 (2023 - £0). The financial results of the charity's activities for the year to 31 December 2024 are fully reflected on pages 5 and 6 of the Financial Statements together with the notes thereon.
Reserves policy
The trustees have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge the funding gaps between spending on activities and receiving resources through voluntary grants. The trustees consider that the ideal level of reserves as at 31 December 2024 would be six months of resources expended which equates to £16,670. The actual free reserves at the year end were £19,629 which is slightly higher than our target figure.
The trustees' annual report was approved on 12 November 2025 and signed on behalf of the board of trustees by:
Mrs SD Bleier Trustee
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B'Yachad Manchester
Independent Examiner's Report to the Trustees of B'Yachad Manchester
Year ended 31 December 2024
I report to the trustees on my examination of the financial statements of B'Yachad Manchester ('the charity') for the year ended 31 December 2024.
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
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the financial statements do not accord with those records; or
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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.
Yisroel Levenson FCCA CTA Independent Examiner
Rico House George Street Manchester M25 9WS
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B'Yachad Manchester
Statement of Financial Activities
Year ended 31 December 2024
| 2024 | 2024 | ||
|---|---|---|---|
| Unrestricted | |||
| funds | Total funds | ||
| Note | £ | £ | |
| Income and endowments | |||
| Donations and legacies | 4 | 52,969 | 52,969 |
| �������� | �������� | ||
| Total income | 52,969 | 52,969 | |
| �������� | �������� | ||
| Expenditure | |||
| Expenditure on charitable activities | 5,6 | 33,340 | 33,340 |
| �������� | �������� | ||
| Total expenditure | 33,340 | 33,340 | |
| �������� | �������� | ||
| �������� | �������� | ||
| Net income and net movement in funds | 19,629 | 19,629 | |
| �������� | �������� | ||
| Reconciliation of funds | |||
| Total funds brought forward | – | – | |
| �������� | �������� | ||
| Total funds carried forward | 19,629 | 19,629 | |
| �������� | �������� |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 11 form part of these financial statements.
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B'Yachad Manchester
Statement of Financial Position
31 December 2024
| 2024 | ||
|---|---|---|
| Note | £ | |
| Current assets | ||
| Cash at bank and in hand | 20,109 | |
| Creditors: amounts falling due within one year | 12 | 480 |
| �������� | ||
| Net current assets | 19,629 | |
| �������� | ||
| Total assets less current liabilities | 19,629 | |
| �������� | ||
| Net assets | 19,629 | |
| �������� | ||
| Funds of the charity | ||
| Unrestricted funds | 19,629 | |
| �������� | ||
| Total charity funds | 13 | 19,629 |
| �������� |
These financial statements were approved by the board of trustees and authorised for issue on 12 November 2025, and are signed on behalf of the board by:
Mrs SD Bleier Trustee
The notes on pages 7 to 11 form part of these financial statements.
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B'Yachad Manchester
Statement of Cash Flows
Year ended 31 December 2024
| 2024 | |
|---|---|
| £ | |
| Cash flows from operating activities | |
| Net income | 19,629 |
| Adjustments for: | |
| Accrued expenses | 480 |
| �������� | |
| Cash generated from operations | 20,109 |
| �������� | |
| Net cash from operating activities | 20,109 |
| �������� | |
| Net increase in cash and cash equivalents | 20,109 |
| Cash and cash equivalents at beginning of year | – |
| �������� | |
| Cash and cash equivalents at end of year | 20,109 �������� |
The notes on pages 7 to 11 form part of these financial statements.
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B'Yachad Manchester
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 17 Stanley Road, Salford, M7 4EG.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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B'Yachad Manchester
Notes to the Financial Statements (continued)
Year ended 31 December 2024
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
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B'Yachad Manchester
Notes to the Financial Statements (continued)
Year ended 31 December 2024
3. Accounting policies (continued)
Financial instruments (continued)
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Donations and legacies
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2024 | |
| £ | £ | |
| Donations | ||
| Donations type 1 | 52,969 �������� |
52,969 �������� |
5. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2024 | |
| £ | £ | |
| Activity type 1 | 30,313 | 30,313 |
| Support costs | 3,027 | 3,027 |
| �������� | �������� | |
| 33,340 | 33,340 | |
| �������� | �������� |
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B'Yachad Manchester
Notes to the Financial Statements (continued)
Year ended 31 December 2024
6. Expenditure on charitable activities by activity type
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Grant funding | Total funds | |||
| directly | of activities | Support costs | 2024 | ||
| £ | £ | £ | £ | ||
| Activity type 1 | 20,313 | 10,000 | 3,027 | 33,340 | |
| �������� | �������� | ������� | �������� | ||
| 7. | Analysis of support costs | ||||
| Analysis of | |||||
| support costs | |||||
| activity 1 | Total 2024 | ||||
| £ | £ | ||||
| General office | 2,547 | 2,547 | |||
| Governance costs | 480 | 480 | |||
| ������� | ������� | ||||
| 3,027 | 3,027 | ||||
| ������� | ������� | ||||
| 8. | Analysis of grants | ||||
| 2024 | |||||
| £ | |||||
| Grants to institutions | |||||
| Grants to institutions type 1 | 10,000 | ||||
| �������� | |||||
| Total grants | 10,000 | ||||
| �������� | |||||
| 9. | Independent examination fees | ||||
| 2024 | |||||
| £ | |||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial statements | 480 | ||||
| ���� |
10. Staff costs
The average head count of employees during the year was Nil.
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
12. Creditors: amounts falling due within one year
| 2024 | |
|---|---|
| £ | |
| Accruals and deferred income | 480 |
| ���� |
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B'Yachad Manchester
Notes to the Financial Statements (continued)
Year ended 31 December 2024
13. Analysis of charitable funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 | January 202 | 31 December | |||
| 4 | Income | Expenditure | 2024 | ||
| £ | £ | £ | £ | ||
| General funds | – | 52,969 | (33,340) | 19,629 | |
| ���� | �������� | �������� | �������� | ||
| 14. | Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | ||||
| Funds | 2024 | ||||
| £ | £ | ||||
| Current assets | 20,109 | 20,109 | |||
| Creditors less than 1 year | (480) | (480) | |||
| �������� | �������� | ||||
| Net assets | 19,629 | 19,629 | |||
| �������� | �������� | ||||
| 15. | Analysis of changes in net debt | ||||
| At | |||||
| At 1 Jan 2024 | Cash flows | 31 Dec 2024 | |||
| £ | £ | £ | |||
| Cash at bank and in hand | – | 20,109 | 20,109 | ||
| ���� | �������� | �������� | |||
| 16. | Related parties |
During te year, the charity donated £10,000 to a charity with a common trustee.
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