**Trustees' Report and Accounts for** **THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST Year Ended 31st December 2021** **Registered Charity No 266098** ## **Trustees’ Annual Report for the period** **From 01/01/2021 to 31/12/2021** ## **Charity name: THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST** ## **Charity registration number: 266098** ## **Objectives and Activities** ||| |---|---| |Summary of the purposes of
the charity as set out in its
governing document|The objects of the charity are the furtherance and promotion of the
Jewish religion and Jewish religious education in any part of the
world, and to assist Neve Yerushalayim Seminary, Israel primarily by
raisingfunds and enlistingsupport and assistance.| |Summary of the main activities
in relation to those purposes
for the public benefit, in
particular, the activities,
projects or services identified in
the accounts.|During the year the charity continued to raise funds and to apply the
funds in grants in furtherance of its objectives.| |Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit|The Trustees confirm their compliance with the duty to have due
regard to the Public Benefit guidance published by the Charity
Commission when reviewing the Charity's aims and objectives in
planning future activities.| ## **Achievements and Performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.|The funds raised by the charity have allowed the Neve Yerushalayim
Seminary to continue its mission; “to educate, inspire, and empower
young women, ages 18-33, who have little or no knowledge of
Jewish heritage”. Since 1970 more than 35,000 women from all over
the world have attended Neve. Located on six acres on one of the
highest points in Jerusalem, the picturesque campus provides a safe
and nurturing environment for women to explore and find meaning
in their Jewish identity.| |---|---| ## **Financial Review** |Review of the charity’s financial
position at the end of the
period|At the year end, the charity held £11,950 in unrestricted reserves.
These funds are due to be donated to the Neve Yerushalayim
Seminary,net of anyadministrative expenses incurred.| |---|---| |Statement explaining the policy
for holding reserves stating why
they are held|The trustees have decided that there is no need for the charity to
hold significant reserves, as grants are only made if there are
available reserves, and there are no ongoing material overhead or
administrative costs.| 1 ## **Structure, Governance and Management** |Description of charity’s trusts:|The charity is constituted and governed by a Trust Deed dated 20
June 1973. The charity is managed and controlled by the trustees,
who meet regularly.| |---|---| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees|It is not the intention of the trustees of the charity to appoint any
new trustees. Should the situation change in the future, the trustees
will apply suitable recruitment induction and training procedures.| ## **Reference and Administrative details** |Charityname|THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST| |---|---| |Registered charitynumber|266098| |Charity’s principal address|69 Golders Gardens
London
NW11 9BS| ## **Names of the charity trustees who manage the charity** |**Trustee name**|**Office**| |---|---| |Mr B Chontow|Trustee| |Mr J J Emanuel|Trustee| ## **Declarations** **The trustees declare that they have approved the Trustees’ Report above.** |**Signatures**||| |---|---|---| |**Full name(s**|**B Chontow**|**J Emanuel**| |**Position**|**Trustee**|**Trustee**| |**Date**|27/10/2022|27/10/2022| 2 **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** - **Report to the trustees/ members of**[THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST ] - **On accounts for the year** 31 DECEMBER 2021 **Charity no** 266098 **ended** - **Respective** The charity's trustees are responsible for the preparation of the accounts. - **responsibilities of** The charity’s trustees consider that an audit is not required for this year - **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - • to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. - **Independent** In connection with my examination, no material matters have come to my - **examiner's statement** attention which gives me cause to believe that in, any material respect: • accounting records were not kept in accordance with section 130 of the Charities Act or - • the accounts do not accord with the accounting records - I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. - **Signed:** JEREMY NEUBERGER **Date:** 27/10/2022 **Name:** JEREMY NEUBERGER - **Relevant professional** FCCA, BSc (Hons) - **qualification(s) or body (if any):** - **Address:** 13 ELMCROFT AVENUE, LONDON 3 ## **THE FRIENDS OF NEVE YERUSHALAYIM 266098 SEMINARY TRUST** ## **Receipts and payments accounts** **CC16a** **For the period To from** 01/01/2021 31/12/2021 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**|**Unrestricted**
**funds**
**to the nearest £**|**Restricted**
**funds**
**to the nearest £**|**Restricted**
**funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| |Donations receivable|**183,044**||**-**||**-**||**183,044**||**37,824**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**183,044**||**-**||**-**||**183,044**||**37,824**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||| ||**-**||||||||**-**| |**_Sub total_**|**-**||||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**37,824**| ||||||||||| |Donationspayable|**168,500**||**-**||**-**||**168,500**||**39,000**| |Bank charges|**45**||**-**||**-**||**45**||**30**| |Educational expenses|**3,625**||**-**||**-**||**3,625**||**4,717**| |Bookkeepingcosts|**330**||**-**||**-**||**330**||**300**| ||**-**||**-**||**-**||**-**||| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_Sub total_**|**172,500**||**-**||**-**||**172,500**||**44,047**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| ||**-**||||||||| ||**-**||||||||| |**_Sub total_**|**-**||||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**44,047**| ||||||||||| ||**10,544**||||||||**-**
**6,223**| ||**-**||||||||**-**| ||**1,406**||||||||**7,629**| ||**11,950**||||||||**1,406**| 4 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|**Details**|**Details**|**Unrestricted**
**funds**
**to nearest £**
**11,950**
**-**
**-**
**11,950**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**|**Unrestricted**
**funds**
**to nearest £**
**11,950**
**-**
**-**
**11,950**
OK
**Unrestricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**|**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
OK
**Restricted**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**|**Endowment**
**funds**
**to nearest £**| |---|---|---|---|---|---|---|---| ||Cash at bank||**11,950**||||**-**| ||||**-**||||**-**| ||||**-**||||**-**| ||||**11,950**||||**-**| ||||||||OK| ||||||||**Endowment**
**funds**
**to nearest £**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**-**| ||||||||**Current value**
**(optional)**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||**When due**
**(optional)**| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||||||**-**||| ||Signature||Print Name
Mr J Emanuel
Mr B Chontow||||| ||||||||Date of
approval| ||||Mr J Emanuel||||27/10/2022| ||||Mr B Chontow||||27/10/2022| 5