Trustees' Report and Accounts
for
THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST Year Ended 31st December 2023
Registered Charity No 266098
Trustees’ Annual Report for the period
From 01/01/2023 to 31/12/2023
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 £13,277 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. |
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 | 30/10/2024 | 30/10/2024 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ THE FRIENDS OF NEVE YERUSHALAYIM SEMINARY TRUST members of
On accounts for the year 31 DECEMBER 2023 Charity no 266098 ended
Respective The charity's trustees are responsible for the preparation of the accounts. The responsibilities of charity’s trustees consider that an audit is not required for this year under trustees and examiner 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 examiner's In connection with my examination, no material matters have come to my 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: Name: Relevant professional qualification(s) or body (if any): Address: |
30/10/2024 | |
|---|---|---|
| JEREMY NEUBERGER | ||
FCCA |
||
| 13 ELMCROFT AVENUE, LONDON |
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THE FRIENDS OF NEVE YERUSHALAYIM 266098
SEMINARY TRUST
Receipts and payments accounts CC16a
For the period
To
from 01/01/2023 31/12/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations receivable 175,074 - - 175,074 113,104
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for 175,074 - - 175,074 113,104
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total [ - ] - - - -
Total receipts 175,074 - - 175,074 113,104
A3 Payments
Donations payable 167,000 - - 167,000 115,000
Bank charges 30 - - 30 45
Educational expenses - - - - 4,447
Bookkeeping costs - - - - 330
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 167,030 - - 167,030 119,822
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 167,030 - - 167,030 119,822
Net of receipts/(payments) 8,044 - - 8,044 - 6,718
A5 Transfers between funds - - - - -
A6 Cash funds last year end 5,233 - - 5,233 11,950
Cash funds this year end 13,277 - - 13,277 5,233
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CCXX R1 accounts (SS)
30/10/2024
1
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 B4 Assets retained for the charity’s own use B2 Other monetary assets B3 Investment assets B5 Liabilities B1 Cash funds |
Details Details Signature Cash at bank Details Details Details Total cash funds (agree balances with receipts and payments account(s)) |
Unrestricted funds Restricted funds to nearest £ to nearest £ 13,277 - - - - - 13,277 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Mr J Emanuel Mr B Chontow Print Name |
Endowment funds to nearest £ - - - |
|---|---|---|---|
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 30/10/2024 30/10/2024 |
CCXX R2 accounts (SS)
30/10/2024
2