BRtAN ABRAMS CHARITABLE TRLTST Re ist¢Ted Chari Number 275941 FINANCIA STATEMENrs FOR THE YEAR ENDED 31 MAY 2024
BRIAN ABRAMS CHARITABLE TRUST TRUSTEES. PEPORT The Trustees psent their report for the year ended 31 May 2024. The Briaft Abrams Charitable Tnl is CotitUted by Deed of Tnt and is a registered charity number 275941 and the address for ¢orresponden¢e is 17 Alv&ston Business Park, Middlewich Ro Nantwicb. Ind endent Examiner R. Morris . DJH Nantwich Limited 17 Alvaston Business PaTk Middlewich Road Nantwich CW5 6PF Bankers Barclays Bank PIC Barclays Wealth One Stanhope Gate Mayfair, London WIK IAF The charity trustees at the date of this report are: Brian Abrams Arron Gabble David Gabble Marcus Gabble There were no other Trustees in the year. When nece&sary additional TnteeS are recn]ited from within the settlor's family. and are instructed as to their responsibilities by the existing Trustees. The aims of the clwity are to assist: by donatioo registered charities establis1d in the United Kingdo for the advancement of education. welfare and relief of poverty. particularly amongst those persons of the Jewish faith. The Trustees do not invite appeals, as the trust is fillly committed until fiber notice. No grants are given to individuals. Th¢ Trustees have had regard to the guidance issued by the Charity Commission on public benefit. The Truste¢s have unrestricted powers to invest the assets of the chaTity. The Trustees made donations to 21 organisations (202i 18) duting the year totalling £30175 (2023 £31825). The Tntee$ intend to continue witb their wlicy on donations and anticipal¢ that do[tionS will continue at a similar L¢veL. The Trustees do not retain a specific level of reserves, but a balance is maintained in respect of the incom¢ r at least six months future grants. B Abrams (Trustee)
DEPENDENT EXAMINERS. REPORT TO THE TRLSTEES OF BRIAN ABRAMS CHAIUTABLE TRLTST l Tewt to the trustees on my examination of the accounts of the Brian Abrams Charitable Trust for tbe year ended 31 May 2024, which are set out on pages i to 5. This report is made solely to the charity's twstees. as a body. in accordanc¢ with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that I might state to the charity""s trustees those matters I am rcquired to state io them in an independent examiner's report and for no other purpose. To the fullest extent pennitted by law. I do not accept or &ssurne Tesponsibility to anyone other than the charity, the charity's members as a body and the charity's trustees as a body for my independent examiner's WOTK for this rqx)rL or for the opinions I have fornied. Res nsibilities and basis of re ort As th¢ charity tnLskes of the Trst you are responsible for the preparation of the accounts in a¢¢ord8llC¢ Ith the requirements of the Charities Act 2011 {'th¢ Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in canying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Ind endent examiner's ststernent I have completed my examination. l ¢onfirn] that no material ntter$ have eorne to my attention in connection with the examination gtving me cause to believe that in anv material respect: accounting records were not kept in r¢sp¢ct of the Tn]st as required by section 130 of the Act. or 2. the accounLS do not accord with those record5" or 3. the accounts do not comply with the applicable requirements concerning the fonn 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 examitmtio I have no Concerns and have come across no other matters in COTJnection with the examination to which attention should be dra1 in this report in order to enable a proper underswiding of the accounts to be reached. R. Morris For and on behalf of DJH Nantivich Limited Accounlants 17 Alvaston Business Park Middlewich Road antch CheshiTe CW5 6PF
BRIAN ABRAMS CHARrrABLE TRUST RECEIPTS AND PAYMETrrfs Accouwf FOR THE YEAR ENDED 31 MAY 2024 2024 INCOME FUND 2023 Income Receipts: Incorne from listed securities Income from deposits Oth¢r income 40718 497 39240 366 400 Totsl receipts 41215 40006 Direct Charitable Expenditur¢: Grants io charitics 30175 31825 Other expenditure Management f¢e Accountancy charges 5061 4909 2640 7701 7549 Total payments 37876 39374 Net (payments)Ireceipts for the year 3339 632 Cash in the hands of investment manag¢rs and at bank at l June 2023 179107 178475 Cash in th¢ hands of investment manag¢TS and at bank at 31 May 2024 182446 179107 CAPITAL FUND Receipts Proceeds of disposal of investtnents 59763 69849 Payments Purchase of investments 81196 47665 Net r¢Celp(paym¢nts) (21433) 22184 Cash in the hands of investment managers and at bank at l June 2023 (36068) (58252) Cash in th¢ hands of investment managers and at bank at 31 May 2024 (57501) (36068) B Abrams (Trustee) Signed on behalf of th¢ Ttee8 on 71-61-zr
BRIAN ABIIAMS CHARITABLE TRUST STATEMENT OF ASSETS AND LIABILrrIES AT 31 MAY 2024 2024 Income Fund 2023 itaj Income Fund Fund Fund Monetary asscts: Bank balances Cash at investTnent managers 180577 1869 (69761) 177219 (68032) 12260 1888 31964 182446 (57501) 179107 (36068) Debtors Other assets: Investments 1466156 1349740 Liabilities.. AccDJals 3468 3472
BRIAN ABRAMS CHARITABLE TRUST NOTES TO THE RECEIPTS AND PAYMENfs ACCOUNT FOR THE YEAR ENDED 31 MAY 2024 l. Accountin olicies Accountin convention Accounts are prepared on the basis of receipts and payments together with a statement of assets and liabilities. Subject to this applicable accouniing standards have been followed. Grants to charities Grants are paid at the discretion of the Trustees. Fullds The Tn1 maintsins two identifiable funds in order to allow the capital assets of the Tn1 to Temain separately distinguishable from the day to day income and expenditure of the TD]St. Investments Investments are stated at their market value. No remuneration or expenses are paid to Trustees. There were no employees. Investments 2024 2023 Listed investments 1466156 1349740 Investments at cost 1173977 1152886