SOMERS BAKER PRINCE KURZ LLP 

Chancellors House, 3 Brampton Lane Hendon, London, NW4 4AB Telephone: +44 (0) 20 8903 0337 Email: hello@sbpk.co.uk www.sbpk.co.uk 


B U S I N E S S    A D V I S E R S C H A R T E R E D   A C C O U N T A N T S 

Our Reference: MT/AK/I326 

1 October 2024 

The Initiation Society 22 Wentworth Road London NW11 0RP 

Dear Gentlemen, 

## **REVISED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** 

I have pleasure to enclose herewith the following in respect of the revised accounts of the company for the year ended 31 December 2023: 

## 1. Revised Full Accounts. 

Would you please read through the revised accounts and on the basis that you are satisfied that they are correct, please e-sign them where indicated and return them to me for my files. 

## 2. Letter of Representation. 

This details all the information that you have provided that I have relied upon in preparing the revised accounts. Would you please read through this most carefully and if satisfied, e-sign it where indicated and return them to me for my files. 

Should you have any queries, please do not hesitate to contact me. 

With kind regards, 

Yours sincerely, 


## **MARTIN TIANO SOMERS BAKER PRINCE KURZ LLP** 

Enc. 


Members:  Dorabess Limited, DJ Gass Ltd 

Consultants: Frank Weinberg; Stuart Kurz; David Pointer Proprietors: Somers Baker Prince Kurz LLP    No: OC362797   Registered in England Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales ICAEW Firm Registration Number C008521293 



**Charity number: 207404** 

## **THE INITIATION SOCIETY** 

**Trustees' annual report and accounts** 

**31 December 2023** 



## **THE INITIATION SOCIETY** 

## **Contents** 

||**Page**|
|---|---|
|Reference and administration details|**2**|
|Trustees' annual report|**3**|
|Independent examiner's report|**4**|
|Statement of financial activities|**5**|
|Statement of financial position|**6**|
|Notes to the financial statements|**7 - 11**|



**Page 1** 



## **THE INITIATION SOCIETY** 

## **Reference and administration details** 

|**Honorary officers**|Dr Sholaum Gerson Springer|President|
|---|---|---|
||Mr Jonathan Robert Weinstein|Treasurer|
|**Trustees**|Dr Sholaum Gerson Springer||
||Mr Jonathan Robert Weinstein||
||Dr Joseph Spitzer||
|**Secretary**|Mr Benjamin Bookman||
|**Charity number**|207404||
|**Principal address**|Chancellors House||
||3 Brampton Lane||
||London||
||NW4 4AB||
|**Accountants**|Martin Tiano FCA||
||Somers Baker Prince Kurz LLP||
||Chancellors House||
||Brampton Lane||
||Hendon||
||London||
||NW4 4AB||
|**Bankers**|Santander UK plc||
||Bridle Road||
||Bootle||
||Merseyside||
||L30 4GB||



**Page 2** 



THE INITIATION SOCIETY
Trust•••' r•port
Year •nded 31 Dec•mb•r 2023
The InJsl8es are pleased lo present their annual rep￿t and accounts of the Society for the year ended 31
December 2023.
R?leren¢o and Admlnlstratlon D•ta115
The referenco and adminislralion details of the Society is sel out on pagt 2.
Structure, Governance and M•n•gement
THE INITIATION SOCIETY Is a UK regislered charity and is govtsmtd by the Lows of Ihe Soctoly lound•d in
1745 and amended most recenlly in 1996. 11 is managed by the Honorary Officefs and a Board of Trustees. A
General CommiNe8. which Includes the Honorary Officers and Ihè Trustees. Is responsibbe lor 8slabli$hlng
the policy of the Society. An Ex8CUtrve Commilt&e, ¥thich consists ol thè President. the Treasurer. the
Secretary and the Medi￿1 oificer.18 responSi￿e for the general day to day managernenl of the Sociely.
The Generèl Crrfnmittee meets iwic8 annually. The ExecutlV8 Clynmittee meets ￿eneVer the President
conslders approprlate and, in any case, If two m8mb8rs 01 Executive Commlllee so r&qulre. The
Secretary attends bul does nol vole in tho ExeGutive Commi118e and Is responsibl8 for the adminlslralive
funcuons ol the Society.
ObJ•ctlv•s •nd Actl¥ltl••
The main actlvlly and obie¢live of ihe Soryety is lo promote advancement of the Jewish rgligion by facilitating
the inilialion of male Jewish children into tho Covenanl ol Abraham. The truslees confimi that they gav8
regard to Ihe Charity Commission guidance on public benefrt when preparing this report.
Achlevements, P•rforni•nce and Flnan¢l•l Revlew
The Societys funds are appl￿d In furtheranco ol its objtctlv6s and the (lay-to48y running of the Soa8ty-
During the year ended 31 December 2023, lotsl Incoming resources of the Sodety amounted lo £157,833
12022.. £74,036>. The resources expended amounted tsj £154,79512022". £73.1571, resulting In net incoming
resources of £3,03812022.. £187911.
Slnco th• year end, lh8 Society has recelved approval from exlem31 ehafitable Irusls Mthich have guarantee
funding for th& period up lo February 2024. The Iruslges 8re currenuy pursuing th8 extension ol Ihls lunding
togeiher wilh other lunders lo s8cur8 the long iemi fulure ol the Society and are c￿lIdent that this wll be
achieved In ihe ne8r lulure.
Trustees De¢l•r¥tlon
The Iruslees are responsible for kegping accounllng recor(Is which dlsclose with reasonabl8 accuracy the
rinancial position ol the charity and enable them lo ascorlain that the financ4315talemenls comr4y wilh the
Charities Act 2011, th& Charity (Accounls and Reporlsl Regu181ions 2008. and the Sociely s Laws. They are
also responsible for safeguarding the as881s ol the company and hence for laking reasonable steps lor the
preventson and dolects'on ol fraud and olher IrregulaiTti8S.
The truslees declare Ihal they have approved Ihe Iruslees. reporl on 4 September 2024 and SKJned on their
behal
Jonathan Weinstein
Drsh
Trustee
aum
n Sprfng
Mr Jonathan Robert W•ln$teln
TN8tee
Page 3

## **THE INITIATION SOCIETY** 

## **Independent Examiner's Report to the Trustees of THE INITIATION SOCIETY** 

I report to the trustees on the accounts of THE INITIATION SOCIETY (Charity number 207404) ("the Trust") for the year ended 31 December 2023 which comprise the statement of financial activities, the statement of financial position and the related notes. 

## **Responsibilities and basis of report** 

As the charity's trustees are responsible for the preparation of the accounts in accordance with 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 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, other than that disclosed below, which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did 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. 

**Martin Tiano FCA Somers Baker Prince Kurz LLP Chartered Accountants 4 September 2024** 

**Chancellors House Brampton Lane Hendon London NW4 4AB** 

**Page 4** 



## **THE INITIATION SOCIETY** 

## **Statement of financial activities for the year ended 31 December 2023** 

|Restricted<br>Unrestricted<br>income<br>funds<br>funds<br>**Notes**<br>£<br>£<br>**Incoming resources**<br>Donations and legacies<br>**4**<br>38,666<br>105,032 <br>Charitable activities<br>**4**<br>13,728<br>-<br>Investments<br>**4**<br>407<br>-<br>Other<br>**4**<br>-<br>-<br>**Total incoming resources**<br>52,801<br>105,032 <br>**Resources expended**<br>Expenditure on management and<br>administration of the charity<br>**5**<br>61,574<br>93,221 <br>**Total resources expended**<br>61,574<br>93,221 <br>**Net income/(expenditure)**<br>**being net movement in funds**<br>)<br>(8,773<br>11,811<br>**Reconciliation of funds:**<br>Funds brought forward (deficit)<br>)<br>(53,874<br>-<br>**Funds carried forward (deficit)**<br>)<br>(62,647<br>11,811|**Total**<br>**funds**<br>**2023**<br>**£**<br> 143,698<br>13,728<br>407<br>-<br> 157,833<br> 154,795<br> 154,795<br>3,038<br>)<br>(53,874<br>)<br>(50,836|Total<br>funds<br>2022<br>£<br>48,441<br>25,313<br>7<br>275<br>74,036<br>73,157<br>73,157<br>879<br>)<br>(54,753<br>)<br>(53,874|
|---|---|---|



**The notes on pages 7 to 11 form part of these financial statements.** 

**Page 5** 



THE INITIATION SOCIETY
Stat•m•nt of flnandal pogltlon
31 D•c•mb•r 2023
2023
2022
Flx•d ass•15
Tanuit￿e assets
99
Curr•nt as8•t•
D8btors
Cash Al bank And in hand
61,342
21.136
38.201
19,761
82,478
57.962
Cr•dltors- amounts falllng du•
wlthln on• y••r
N•t curr•nt Ilabllltl•s
1133.4131
(111,9701
150,9351
154,0081
Tot•1 •$Mts less ¢urr•nt Ilabllltle•
150.8361
153.8741
N•t Ilabllltl••
150,8361
153,8741
Fund• of th• charlty
R&sIr1￿8￿ Income fund8
Unf08trict8d lund8 Idgfirill
11.811
162,6471
153.874)
N•1 deficlt
150,8361
153,8741
Approved by the Iruslees on 4 S8piember 2024 and signèd on th￿r beheif by..
Jonathan Weinstein
Dr Sho
Gfrrnon Sprfng•r
Mr Jonathan Rob•rt W•ln•t•ln
Trusl••
The nol•• on pag•* 7 to 11 forni part af th•$• IlnanGlal •tst•m•nts.
P•g• 6

## **THE INITIATION SOCIETY** 

## **Notes to the financial statements Year ended 31 December 2023** 

## **1. General information** 

The charity is an unincorporated charity registered with the Charity Commission in England and Wales. The registered address of the charity is Chancellors House, 3 Brampton Lane, London, NW4 4AB. The Society is a public benefit entity. 

## **2. Statement of compliance** 

These accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, with the Financial Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011. 

## **3. Accounting policies** 

## **Basis of preparation** 

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £. 

## **Going concern** 

The financial statements have been prepared on a going concern basis as the trustees are confident that the Society will continue to operate for the foreseeable future. 

## **Recognition of income** 

These are included in the statement of financial activities when: 

- the charity becomes entitled to the resources; 

- it is more likely than not that the charity will receive the resources; and 

- the monetary value can be measured with sufficient reliability. 

## **Offsetting** 

There has been no offsetting of income and expenses, or assets and liabilities, unless required by SORP (FRS 102) or FRS 102. 

## **Grants and donations** 

Grants and donations are only included in the statement of financial activities when the general income recognition criteria are met (paragraphs 5.10 to 5.12 SORP (FRS 102)). 

## **Income from registrations and subscriptions** 

Registration and subscription fees which give members a right to services or other benefits are recognised as income earned from charitable activities. Amounts received in the nature of a gift are recognised as donations and legacies. 

## **Income from interest** 

This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. 

**Page 7** 



## **THE INITIATION SOCIETY** 

## **Notes to the financial statements (continued) Year ended 31 December 2023** 

## **Taxation** 

The Society is exempt from taxation. 

## **Tangible assets** 

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. 

## **Depreciation** 

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: 

Fixtures, fittings and equipment 

- 

25% reducing balance 

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. 

## **Impairment** 

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 

## **Basic financial instruments** 

The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 SORP (FRS 102). Subsequent measurement is as per paragraphs 11.17 to 11.19 SORP (FRS 102). 

## **Debtor recognition** 

Debtors are measured on initial recognition at settlement amount or amount advanced by the charity. Subsequently they are measured at the cash or other consideration to be received. 

## **Liability and expenditure recognition** 

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 

**Page 8** 



## **THE INITIATION SOCIETY** 

## **Notes to the financial statements (continued) Year ended 31 December 2023** 

## **4. Incoming resources of the charity** 

|Restricted<br>Unrestricted<br>income<br>funds<br>funds<br>£<br>£<br>**Donations and legacies**<br>Donations<br>38,666<br>-<br>Gift Aid<br>-<br>-<br>Grants<br>-<br>105,032 <br>38,666<br>105,032 <br>**Charitable activities**<br>Registration and tuition fees of Mohelim<br>13,728<br>-<br>**Investments**<br>Bank interest<br>407<br>-<br>**Other**<br>Tax recoverable<br>-<br>-<br>52,801<br>105,032 <br>**5.**<br>**Expenditure on management and administration of the charity**<br>Restricted<br>Unrestricted<br>income<br>funds<br>funds<br>£<br>£<br>Medical officer's expense and allowance<br>2,000<br>16,400<br>Secretarial fees<br>3,500<br>2,750<br>Administrative support<br>-<br>21,038<br>Insurance of trainees and Mohelim<br>38,494<br>26,924<br>Printing, postage and stationery<br>252<br>522<br>Telephone<br>-<br>267<br>Website costs<br>6,173<br>-<br>PR, seminar and conference<br>714<br>5,958<br>Legal and professional<br>9,998<br>15,901<br>Accountancy and independent examination<br>-<br>2,300<br>Bank charges<br>-<br>-<br>General expenses<br>409<br>1,161<br>Depreciation of fixtures, fittings and equipment<br>34<br>-<br>61,574<br>93,221|**Total**<br>**2023**<br>**£**<br>38,666<br>-<br> 105,032<br> 143,698<br>13,728<br>407<br>-<br> 157,833<br>**Total**<br>**2023**<br>**£**<br>18,400<br>6,250<br>21,038<br>65,418<br>774<br>267<br>6,173<br>6,672<br>25,899<br>2,300<br>-<br>1,570<br>34<br> 154,795|Total<br>2022<br>£<br>40,609<br>980<br>6,852<br>48,441<br>25,313<br>7<br>275<br>74,036<br>Total<br>2022<br>£<br>1,750<br>13,750<br>-<br>38,805<br>155<br>-<br>)<br>(6<br>232<br>16,192<br>2,170<br>-<br>64<br>45<br>73,157|
|---|---|---|



**Page 9** 



## **THE INITIATION SOCIETY** 

## **Notes to the financial statements (continued) Year ended 31 December 2023** 

## **6. Tangible assets** 

|**Cost**<br>**At 1 January 2023 and 31 December 2023**<br>**Depreciation**<br>At 1 January 2023<br>Charge for the year<br>**At 31 December 2023**<br>**Carrying amount**<br>**At 31 December 2023**<br>At 31 December 2022<br>**7.**<br>**Debtors**<br>Prepayments<br>**8.**<br>**Creditors: amounts falling due within one year**<br>Loans<br>Accruals<br>Other creditors|**Fixtures,**<br>**fittings and**<br>**equipment**<br>**£**<br>578<br>445<br>34<br>479<br>99<br>133<br>**2023**<br>2022<br>**£**<br>£<br>61,342<br>38,201<br>**2023**<br>2022<br>**£**<br>£<br>95,000<br>83,500<br>38,413<br>28,470<br>-<br>-<br>133,413<br>111,970|**Fixtures,**<br>**fittings and**<br>**equipment**<br>**£**<br>578<br>445<br>34<br>479<br>99<br>133<br>**2023**<br>2022<br>**£**<br>£<br>61,342<br>38,201<br>**2023**<br>2022<br>**£**<br>£<br>95,000<br>83,500<br>38,413<br>28,470<br>-<br>-<br>133,413<br>111,970|
|---|---|---|
|||445<br>34|
|||479|
|||99|
|||133|
|||2022<br>£<br>38,201|
|||2022<br>£<br>83,500<br>28,470<br>-|
|||111,970|



Loans are unsecured, interest-free and repayable on demand. Donations received after the balance sheet date have reduced the outstanding loans from £95,000 to £25,000 as of the date of signing of these accounts. 

## **9. Funds of the charity** 

Restricted income funds represent grants and donations received for specific projects less amounts expended during the year on these projects. Unrestricted funds are funds which the Trustees are able to spend or apply at their discretion to further any of the charity's purposes. 

**Page 10** 



## **THE INITIATION SOCIETY** 

## **Notes to the financial statements (continued) Year ended 31 December 2023** 

## **10. Related party transactions** 

At the reporting date, the amount owed by the Society to one of its Trustees, Dr S G Springer and Mrs S Springer in respect of an unsecured interest-free loan was  £25,000 (2022 - £30,000). This loan is repayable on demand. 

At the reporting date, the amount owed by the Society to one of its Trustees, Dr J Spitzer, in respect of an unsecured interest-free loan was £- (2022 - £1,000). 

There were no other related party transactions during the current or prior year, including remuneration or reimbursement of out-of-pocket expenses made to the Trustees or Honorary Officers, or to third parties for expenses incurred by the Trustees or Honorary Officers. 

**Page 11** 



## **THE INITIATION SOCIETY 22 WENTWORTH ROAD, LONDON NW11 0RP** 

Somers Baker Prince Kurz LLP Chancellors House Brampton Lane Hendon London NW4 4AB 

Date:       4 September 2024 

Dear Sirs, 

## **ACCOUNTS AT 31 DECEMBER 2023 (“REPORTING DATE”)** 

In connection with your examination of the accounts for the year ended 31 December 2023, the following representations, which are true to the best of our knowledge and belief are made to supplement information obtained by you from the books and records of the Society and to confirm information given to you orally bearing in mind the requirements and provisions of the Charities Act 2011. 

## **1.  Financial Statements** 

(a) We acknowledge as officers and trustees our responsibility for the financial statements under the Charities Act 2011.  All the accounting records have been made available to you for the purpose of your audit and all transactions undertaken by the Society have been properly reflected and recorded in the accounting records. We have not commissioned a review of our accounting procedures and controls during the year or subsequently. 

(b) We acknowledge as officers and trustees our responsibility for safeguarding the assets of the Society and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

(c) We confirm that, in respect of the year, the Society has met the conditions for exemption from an audit of the financial statements set out in the Act and the Regulations and therefore an audit of the financial statements is not required. 

## **2.  Accounting Policies** 

The accounting policies used are detailed in the financial statements and are consistent with those adopted in the previous accounting periods and in accordance with the Charities SORP FRS102. 

## **3.  Capital Commitments** 

There were no contractual commitments for capital expenditure at the reporting date. 



-2- 

## **4. Fixed Assets** 

The Society has satisfactory title to all fixed assets included in the financial statements. The assets are free from any charge, the net book amounts at that date having been arrived at :- 

- After taking into account all capital expenditure on additions during the year but excluding expenditure properly chargeable to revenue. 

- After eliminating the cost and accumulated depreciation relating to any items scrapped or sold during the year. 

- After providing for depreciation and/or impairment based on the estimated useful lives of the assets concerned. 

- The sale proceeds of all assets sold during the year have been properly included in the financial statements. 

- The provisions for depreciation in the financial statements have been calculated in accordance with the stated accounting policy. 

We confirm the physical existence of the following office equipment and that they are in good working condition at the reporting date: 

- Dell Inspiron 15 (acquired on 3 May 2017) 

- DNA Tech (acquired on 8 May 2018) 

At the reporting date there was no capital expenditure contracted for but not provided in the financial statements. There was no capital expenditure authorised by the management committee but not yet contracted for. 

## **5.  Debtors** 

Balances included in the financial statements are all valid debtors or prepayments and adequate provision has been made for any bad or doubtful debts or impairment. 

## **6.  Other Current Assets** 

(a) All current assets have been included and full provision has been made for any impairment in the value of current assets. 

(b) There were no charges or other encumbrances upon the current assets of the Society. 

(c) We confirm that the petty cash balance at the reporting date was £36.13. 

## **7. Liabilities** 

All known liabilities of material amount as at the reporting date are included in the financial statements. 

We also confirm the following loan amounts were outstanding at the reporting date. 

- Owed to Dr S G & Mrs S Springer £25,000 ** 

- Owed to Amabrill Ltd £20,000 * 



-3- 

- Owed to Sanvale Investments Ltd 

- Owed to Balstraw Limited 

- Owed to Premierquote Ltd (charity) 

£10,000 * £ 20,000 * £ 20,000 * 

- Repaid after the year end 

- ** No fixed repayment date 

These loans are unsecured, interest-free and repayable on demand. 

## **8.  Contingent Liabilities** 

As far as we are aware, there are no contingent liabilities which should be disclosed in the notes to the financial statements. 

## **9. Litigation and Claims** 

We confirm that we are not aware of any actual or possible litigation or claims that might have a material effect on the financial statements of the Society. 

## **10.  Future Cash Requirements** 

In our opinion the Society will have adequate cash resources available to finance its charitable and related activities and meet its obligations for a period of at least twelve months following the date of this letter. 

## **11. Insurance** 

We consider that all insurable assets and risks appropriate to the Society’s activities are adequately covered. 

## **12. Events after the End of the Reporting Date** 

No events have occurred between the reporting date and the date of this letter which could materially affect the financial statements.  In addition, we confirm that there have been no events which, while not affecting the accounts, are of such significance that they should be disclosed in the financial statements. 

If any such events occur in the next 21 days, we undertake to advise you immediately. 

## **13. Going Concern** 

The accounts have been prepared on the going concern basis. In the opinion of the trustees, the Society is a going concern as at today’s date and, on the assumption that the Society will continue to receive financial support from its Officers and Trustees and is able to raise additional funds and/or obtain significant contributions towards overheads, will continue to be a going concern for the foreseeable future. In this respect we would draw your attention to the comments in our Trustees Report and the supporting documentation forward to you. We therefore confirm our view that the charity is a going concern. 



-4- 

## **14. Statement of Financial Activities** 

Except as disclosed in the financial statements, the results for the accounting period were not materially affected by :- 

- (a) Transactions of a sort not usually undertaken by the Society. 

- (b) Circumstances of an exceptional or non-recurrent nature. 

- (c) Charges or credits relating to prior years. 

Expenditure on standards manual and legal costs have properly been the only items charged to restricted funds. 

## **15. Taxation** 

The Society is exempt from taxation. 

## **16. Accounting Records** 

All receipts and payments were recorded in the books or otherwise accounted for in explanations given to you. 

## **17. Income** 

All incoming resources of the Society have been properly documented and recorded in the books of the Society. 

## **18. Expenses** 

All the resources expended included in the accounts were incurred wholly and exclusively for the purpose of the Society’s activities. 

## **19. Grants and Donations** 

All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions during the period in the application of such income. The grants received from Delapage Ltd during the year were restricted in nature. These were provided to meet specific expenses. 

## **20. Donations in Kind** 

Any donations in kind received during the year were properly recorded in the books of the Society. 



21. Mlnutes
Minutes of all management meelings provided lo you are complete and authentic records of
proceedings at such meetings held during the Society's financial y8ar and inpjuding all
subsequent meetings up to date.
22. Related Party Transactlons
We confimi that there are no relat8d party transadions to be disclosed in the financial
statements otherlhan Ihose which are included in Note 1010 Ihe financial slalements. There
were no donations from trustees or other related parties during the year. There were no
other related party transactions during the year. including payments or reimbursement of
out-of-pocket expenses maoe to tnjstees or to third parlies for expenses incurred by
trustees.
23. Gèneral
(a) Ther6 are no legal actions pending or outstanding against the Society.
Ib) Except as slated above, there were no commitments or obligatlons that mlght
adversely affect the Society.
Ic) No matters have transpired or are pending or In prospecl, other than as recorded Sn the
Society's accounts or indicated above. of such significance to the Society's
affairs as
to ￿qUIre disclosure in the accounts.
(dl We conflrm that we are not aware of any fallure to comply wlth leglslatlon and
regulations applicable to the Society's activities.
Yours faithfully,
Jonathan Weinstein
MR JONATHAN ROBERT WE
TRUSTEE
NSTEIN
DR
OL
TRUSTE
RS
N SPRINGER

## The Initiation Society - Revised Accounts for the year ended 31 December 2023 

## Final Audit Report 

## 2024-10-01 

Created: 2024-10-01 By: Agnes Kiss (agnes@sbpk.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA3rnY2YPvxVoE709RggGvK0TFhfNpYAf6 

## "The Initiation Society - Revised Accounts for the year ended 31 December 2023" History 

Document created by Agnes Kiss (agnes@sbpk.co.uk) 

2024-10-01 - 10:28:41 AM GMT 

Document emailed to Jonathan Weinstein (jrweinstein1@gmail.com) for signature 

2024-10-01 - 10:29:30 AM GMT 

Email viewed by Jonathan Weinstein (jrweinstein1@gmail.com) 

2024-10-01 - 11:19:19 AM GMT 

## Document e-signed by Jonathan Weinstein (jrweinstein1@gmail.com) 

Signature Date: 2024-10-01 - 11:20:05 AM GMT - Time Source: server 

## Agreement completed. 

2024-10-01 - 11:20:05 AM GMT 

