2022-04-05-accounts

Charity No. 297678 (England and Wales)

THE M O G CHARITABLE TRUST

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2022

THE M O G CHARITABLE TRUST

CONTENTS

	Page
Trust information	1
Legal and administrative details	2
Trustees' report	3
Statement of financial activities	4
Balance sheet	5
Notes to the financial statements	6-8

THE M O G CHARITABLE TRUST

TRUST INFORMATION

Trustees:	A P Goldstein
	M O Goldstein
	N J Newman
Trust office address:	64 New Cavendish Street
	London
	W1G 8TB
Accountant:	Harris & Trotter LLP
	64 New Cavendish Street
	London
	W1G 8TB
Independent examiner	Charles Goldstein
	c/o Brindley Goldstein
	103 High Street
	Waltham Cross
	EN8 7AN
Bankers:	Coutts & Co
	440 Strand
	London
	WC2R 0QS
Charity Commission
registered number:	297678

1

THE M O G CHARITABLE TRUST

LEGAL AND ADMINISTRATIVE DETAILS AS AT 5 APRIL 2022

The M O G Charitable Trust was established under a trust deed dated 10 September 1987.

The trustees of The M O G Charitable Trust shall hold the trust funds and its income upon trust to apply them for all charitable purposes allowed by law within England and Wales.

2

THE M O G CHARITABLE TRUST

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2022

Introduction

The Trustees submit the statutory report and accounts of M O G Charitable Trust for the year ended 5 April 2022.

Charitable Objectives

The objective of the Charity is to provide relief to people throughout the world who are in positions of need, hardship and distress, in particular children who are sick or handicapped, and people affected by AIDS and the HIV virus.

Review of financial position

The Trustees consider that the financial position of the Trust as at 5 April 2022 is healthy.

Organisation

The organisation of all activities relating to M O G Charitable Trust is carried out by the Trustees.

3

THE M O G CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022

Notes Incoming resources Donations (including tax credits) Investment income 2 Direct charitable expenditure Donations 3 Independent examiner fees Bank charges Accountancy fees Net (outgoing) / incoming resources Unrealised gain/(loss) on investment	£ £ 43,750 2,426 46,176 43,610 - 1 900 44,511 1,665 (13,980) (12,315) 2022	2021	2021
	£ 43,750 2,426	£ 43,750 5	£ 43,755 40,435
	43,610 - 1 900	38,215 900 - 1,320
			3,320
			38,100
			41,420

4

THE M O G CHARITABLE TRUST

BALANCE SHEET AS AT 5 APRIL 2022

Notes £ Fixed assets Investments Listed investments at market value 4 51,160 51,160 Current assets Cash at bank and in hand 12,911 Other debtors 5 22,501 35,412 Current liabilities Accruals 6 1,650 1,650 84,922 Capital and funds As at 6 April 2020 97,237 Net (outgoing) / incoming resources (12,315) As at 5 April 2022 7 84,922 2022	2021	2021
	11,253 22,494	£ 65,140
		65,140 33,747 1,650
	1,650
		97,237
		55,817 41,420
		97,237

The Accounts were approved by the Trustees on …………………………. and signed on their behalf by:

M O Goldstein Trustees

5

THE M O G CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

1 Accounting policies

1.1 Basis of accounting

These accounts have been prepared under the historic cost convention and in accordance with applicable accounting standards and the Statement of Reporting Practice by Charities.

1.2 Income

Donations and gifts are credited to the statement of financial activities in the year which they are received (including any amount of tax credits).

1.3 Expenditure

All expenditure is accounted for gross, when incurred.

Direct charitable expenditure comprises direct expenses incurred in pursuit of the defined charitable purposes of the charity.

1.4 Investment income

This and any associated tax credits are included in the accounts when due.

1.5 Fund Accounting

The general fund comprises of those monies which may be used towards meeting the charitable objectives of the charity at the discretion of the Trustees.

2 Other interest receivable and similar income Dividends received Bank and other interest received	2022 £ 2,409 17 2,426	2021 £ - 5
		5

6

THE M O G CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

3 Donations Paid Camp Simcha Campaign Antisemitic Chai Cancer Care CST Design Gesher School Grief Encounter Holocaust Educational trust Jewish Care Kol Nidre Appeal Langdon Foundation Nightingales Norwood NY Israel Ort UK PAID Paperweight Trust SCD St Johns Wood Synagogue Seed The Breakaway Charity Committe The Design Museum The B Charity Committee United Synagogue World Jewish Relief Wizo UK 4 Listed Investments Kingfisher Plc Ordinary 15 5/7p Shares 5 Debtors and prepayments Tax reclaim 6 Creditors and accruals Independent examiner fee	2022 £ ‐ 3,000 ‐ 5,000 800 100 250 500 12,500 1,000 100 500 12,500 150 500 1,667 ‐ ‐ 400 100 ‐ ‐ 200 2,618 1,500 225 43,610 2022 £ 51,160 2022 £ 22,501 2022 £ -	2021 £ 250 3,000 250 6,000 - - - - 12,500 1,000 - - 12,500 - - - 250 250 1,000 - 215 1,000 - - - -
		38,215
		2021 £ 65,140
		2021 £ 22,494
		2021 £ 600

7

THE M O G CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

7 Reconciliation of movements in funds Opening fund balances Net (outgoing) / incoming resources for the year Closing fund balances	2022 £ 97,237 (12,315) 84,922	2021 £ 55,817 41,420
		97,237

8

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name The MOG Charitable Trust members of

On accounts for the year 5 April 2022 Charity no 297678 ended (if any)

Set out on pages

1-2

(remember to include the page numbers of additional sheets)

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 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 matter has come to my attention examiner's statement (other than that disclosed below *)

1. which gives me reasonable cause to believe that in, any material respect, the requirements:

2. to keep accounting records in accordance with section 130 of the Charities Act; and

3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

4. have not been met; or

5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

6. Please delete the words in the brackets if they do not apply.

Date: 16/01/23

Signed: Name: CHARLES GOLDSTEIN

Relevant professional CHARTERED ACCOUNTANT

1

IER

March 2012

qualification(s) or body (if any):

Address: BRINDLEY GOLDSTEIN 103 HIGH STREET[WALTHAM CROSS ] EN8 7AN

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

2

IER

March 2012

Give here brief details of any items that the examiner wishes to disclose .

3

IER

March 2012