2020-12-31-accounts

RABBI NACHMAN OF

BRESLOV CHARITABLE FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

INDEX Charity Information Indep Statement of financial activities Balance Sheet Notes	Page 1 2-3 4 5 6 7-8

RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

TRUST INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2020

Charity Registration Number	280174
Principal Address	8 Hereford Drive
	Prestwich
	Manchester
	M25 0JA
Trustees	Mr M H Lowe
	Mr B Moss-Barclay
Independent Examiner	Anthony Epton
	Goldwins Limited
	75 Maygrove Road
	West Hampstead
	London NW6 2EG
Bankers	Santander
	48-54, Moorgate
	London
	EC2R 6EJ

. .

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RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

THE YEAR ENDED 31 DECEMBER 2020

The Trustees present their report for the year ended 31 December 2020.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102- effective 1 January 2015- (Charities SORP FRS 102).

Structure, governance and management

The Governing Document is a trust deed dated 30 April 1990. The trustees meet once yearly to determine the general policy of the charity. The board is kept rather small to allow work being done efficiently.

The Trustees who served the charity during the period were as follows:

Mr M H Lowe Mr B Moss-Barclay

None of the trustees have any beneficial interest in the charity.

Objects and activities for public benefit

The objects of the charity are to promote the advancement of the religion of the orthodox Jewish faith and education in the said faith. This includes in particular the work of Rabbi Nachman of Breslov and his followers.

Risk Management

The charity is aware of the major risks to which it is exposed and monitors them with the effect that all such risks are mitigated wherever possible.

Reserves Policy

The charity maintains a sufficient level of reserves to meet its day to day activities and also its expenditure plans for the next six months. This policy is reviewed regularly.

Achievement and performance

The charity achieved its objects during the year by obtaining donations and disbursing funds so received for charitable purposes which satisfied the charitable criteria established in the objects.

Public benefit

The principal activities of the charity during the year continued to be to to promote the advancement of the religion of the orthodox Jewish faith and education in the said faith. The trustees are aware of the Charity Commission guidance on public benefit reporting as set out in Section 17 Charities Act 2011. The trustees believe that the charity achieves a public benefit by providing these services as detailed earlier in this report.

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RABBI NACHMAN OF BRESL V CHARrrAB EFO ATION TR STEE ' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Continued... STATEMENT F TRUSTEES. RESPONSIBILITIES Charity law requires the Trustees to prepare financial statements for each financial year. which give atrue and fairview ofthe state of affairs of the Charity and of its financÉal activities for that y¢ar tO8cther with its ass¢ts and liabilities at the end of th¢ year, and adequately distinguish any material special Trust or other restricted fund of the Clwlty. In preparing those fman¢ial statements the Trustees are required to: _ (a) select suitable accounting policies and then apply them consistently. (b) make judgements and estimat￿ that are reasonable 8nd prudent. (c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting and Reporting by Charities and the Accounting Regulations and with applicable aceountinB standards. giibject to any material de.parhireg digclose.d and explained in the fuwn¢ial stat¢m¢nts' and (d) prepare the flnancial ststements on the going concern basis unless it Is inappropriate to assum¢ that tho Charity will contlnue in business. The Trustees are responsible for keeping proper accounting records which disclose, with reasonablc a¢cura¢y at any time. the financial position of the Charity. and enable them to ensure that the financial statements comply with applicable Accountillg Standards and Statements of Recommended Prdctice and the regulations made under the Charities Act. They are also responsible for safegliarding the asset5 of th¢ Charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities. Approvcd by the Board of Trustees on . signed on its behalf by.. r B Mo55-Barcl4y (Trustee)

RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

Independent examiner's report to the trustees of Rabbi Nachman of Breslov Charitable Foundation

I report to the trustees on my examination of the accounts of the Rabbi Nachman of Breslov Charitable Foundation for the year ended 31 December 2020.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements o

unts 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.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do 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 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.

Anthony Epton BA FCA CTA FCIE Goldwins Chartered accountants 75 Maygrove Road West Hampstead London NW6 2EG

Date: 15/10/2021

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RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

STATEMENT OF FINACIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2020

Income from: Donations Total income Expenditure on: Charitable activities Total expenditure Net income/ (expenditure) for the year Funds brought forward Funds carried forward	2020 2019 Notes £ £ 31,875 39,530 __ _ 31,875 39,530 2. 31,806 47,009 31,806 47,009 69 (7,479) 2,585 10,064 ___ 2,654 2,585 ===== =====

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

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RABBI NACHMAN RE V CHARITAB ATI BALANCE SHEET AS AT 31 DECEMBER 2020 2020 2019 ET Cash at bank 3214 3,140 CREDITORS Amount falling due within One year (560) (555} NET RRENT ASSETS 2,654 2.585 Nyf ASSETS 2,654 2,585 2,654 2,585 I1-￿T-2&d Approved bythe Board ofTmst￿sOll.............. signed on its behalf by: oss-Bar¢lay rustee)

RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable - - in the UK and Republic of Ireland (FRS 102 effective 1 January 2015) (Charities SORP FRS 102).

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

c) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

d) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

e) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

f) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

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RABBI NACHMAN OF BRESLOV CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

2. 3.	2020 2019 £ £ CHARITABLE ACTIVITIES Grants to institutions for educational purposes 22,086 38,654 Wages 8,610 7,700 Bank charges 50 100 Independent examination fee 1,060 535 __ _ 31,806 47,009 ===== ===== 2020 2019 £ £ CREDITORS:Amounts falling due within one year Accruals 560 555 ___ 560 555 ===== =====	2019
		£ 555 _____ 555 ====

4. Emoluments of the trustees

The trustees did not receive any remuneration during the year (2019: Nil). There were no employees in the year (2019: none). There were no employee benefits payments to key management personnel in the year (2019: Nil).

5. Related party transactions

During the year, the charity received charitable donations totalling £1,600 (2019: £2,185) from the trustees.

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