Talmud Centre Trust
Financial Accounts for The Year Ended 31 Mar 2022
Trustees:
E Padwa Y C Padwa
Charity Address: 78 Cazenove Rd London N16 6XL
Correspondence Address:
60 Lynmouth Rd London N16 6XL
Charity Number: 261118
Report of the Trustees
Objects of the Charity and Principal Activity
The aim of the Charity is
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A. The promotion of Orthodox Jewish religion education through establishment and maintenance of an Institute for Higher Rabbinical Studies.
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B. The advancement of the Orthodox Jewish religion education.
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C. The relief of poverty.
Review
During the year the Charity promoted education of orthodox Jewish law by providing lectures, Hebrew books, Bursaries and Grants for the students of the institute.
Talmud Centre Trust has provided essential financial assistance to our members who were affected by Covid19.
The charity was actively engaged in fund raising activities for the above purposes.
Statement of Trustees’ Responsibilities
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Select suitable accounting policies and then apply them consistently:
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Make judgments and estimates that are reasonable and prudent:
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Prepare the financial accounts
This report was approved by the trustees on 12 January 2023 and is signed on behalf of them all.
SIGNED
E. Padwa Trustee
Independent Report
The trustees prepared the Accounts, I have checked the financial income and expenditure of the year ended 31 March 2022, in my opinion the financial statements give a true and fair view of the state of the charity’s affairs as at 13[th] of January 2023.
SIGNED
M M Bernatt
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 Mar 2022
Unrestricted Funds
Incoming Resources
| Donations Received | £ | 110,217.61 |
|---|---|---|
| Interest | 48.91 | |
| £ | 110,266.52 |
| Less Charitable Expenses | |
|---|---|
| Students Bursaries and Grants | 42,206.00 |
| Covid 19 Grants | 5,700.00 |
| Costs of generating funds | 16,116.77 |
| Utility costs | 1,453.63 |
| Administration and Books | 6,791.69 |
| Miscellaneous | 4,084.70 |
| Food | 15,451.34 |
| Lectures | 7,590.00 |
| Building | 10,155 |
| £ 109,549.13 |
Administration
Interest 0.01 Bank Chargers 1,273.26 Total Expenses
£110,822.40
Net Movement of funds for the year -555.88 Total funds brought forward 10,001.44 Total funds carried forward £9,445.56