The Esther & Harry Grosberg Foundation
Unaudited Financial Statements for the Year Ended 5 April 2021
Wilds Ltd
Chartered Accountants Lancaster House
70-76 Blackburn Street
Radcliffe
Manchester
M26 2JW
The Esther & Harry Grosberg Foundation
Contents
| Trustees’ Annual Report | 1 |
|---|---|
| Accountants' report | 2 |
| Profit and loss account | 3 |
| Balance sheet | 4 |
| Notes to the accounts | 5 |
The Esther & Harry Grosberg Foundation
Trustees Annual Report
Registered Charity Number: 298331 Charity's principal address: 10 Ringley Drive Whitefield M45 7LF Charity Trustees: Mrs. F. Marnard 13 Hillingden Road Whitefield M45 7QQ Mrs. J. Jacobson 10 Hampstead Drive Whitefield M45 7YA Adviser: Mr J A. Wild 82 Blackburn Street Radcliffe M26 2JW Charitable Objectives: The charity was set up by a legacy. The objects of the charity are to distribute its surplus income to other registered charitable bodies. The trustees are aware that it was the intention of the donor that the main recipients should be Jewish & Medical charities, principally the former. Annual Activities: During the year the charity distributed £40,895 to other registered charities, which falls within the objectives above.
The trustees have approved the accounts and trustees report above.
........................................
MRS F MAYNARD TRUSTEE 25 October 2021
Page 1
The Esther & Harry Grosberg Foundation
Independent Examiners’ Report to the Trustees
Registered Charity Number 298331
We report on the accounts of the Trust for the year ended 5[th] April 2021, which are set out on pages 3 to 5.
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts. You consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.
It is our responsibility to:
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examine the accounts (under section 145 of the 2011 Charities Act);
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to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Charities Act); and
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to state whether particular matters have come to our attention.
Basis of independent examiners’ report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 the seeking of explanations from you as 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 report is limited to those matters set out in the statement below.
Independent examiners’ statement
In connection with my examination, no matter has come to our attention:
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(1) which gives us reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with s130 of the 2011 Charities Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Charities Act
have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
......................................... Lancaster House Wilds Ltd 70-76 Blackburn Street Chartered Accountants Radcliffe 25 October 2021 Manchester M26 2JW
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The Esther & Harry Grosberg Foundation
Profit and Loss Account for the Year Ended 5 April 2021
| Investment income Halstead dividend Wadworth dividend Expenses Bank Charges Management Costs Legal and professional fees Accountancy Income surplus available for distribution Charitable distributions(analysed below) Transfer to income reserves |
2021 £ 45,600 1,425 (41) (1,894) (4,320) (770) |
£ 47,025 (7,025) 40,000 (40,895) (895) |
2020 £ £ 44,800 1,425 46,225 (37) (2,688) - (750) (3,475) 42,750 (19,140) 23,610 |
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The Esther & Harry Grosberg Foundation
Profit and Loss Account for the Year Ended 5 April 2021
| Charitable distributions Action Against Cancer Manchester Action Dunchenne Southport Jewish Aged Home The FED Prestwich Jewish Day School British Friends of Laniado Hospital Friends of Boys Town Jerusalem Bnai Brith Hillen Foundation The Spear Trust Breath Work Foundation Manchester Jewish Community Care Magen David Adam UK British Friends of ADI Friends of Norwood Cancer Research CST Whitefield Synagogue Jewish Rep Council Destination Florida Manchester Jewish Museum Ohr Meir & Bracha Dougie Mac Hospital Aish UK Friendship Circle Operation Wheelchair Committee Israel Guide Dogs JNF Shaare Zedek Southport Rest Home Marie Curie UJIA National Deaf Children’s Society WHC Yad Vashem Bury & Whitefield Jewish Primary School WIZO UK St Mary’s Hospital Friends of Yad Sarah Children with Cancer Camp Simcha National Deaf Society British Friends of Aleh Project SEED Langdon College Chai Cancer Care |
2021 £ 1,000 1,000 - 2,390 - 2,000 1,500 200 1,000 1,000 1,500 15,400 250 1,000 500 500 - 300 50 - 1,200 100 - 200 500 150 700 500 100 400 120 400 350 1,000 2,000 110 - 200 650 350 250 1,000 25 - 1,000 40,895 |
2020 £ - - 100 1,520 1,000 1,000 500 - - - 250 1,000 - 1,000 - - 3,140 - - 500 1,000 - 3,860 - - - - - - - - - - - 2,000 120 400 250 100 300 200 100 600 100 100 |
|---|---|---|
| 19,140 |
Page 3
The Esther & Harry Grosberg Foundation
Balance Sheet as at 5 April 2021
| Note Fixed assets Tangible assets 1 Current assets Broker Account Cash at bank and in hand Current liabilities Net current assets Net assets Financed by: Capital account 2 Current account 3 |
2021 £ £ 1,627,625 698 199,714 (2,500) 197,912 1,825,537 1,753,113 72,424 1,825,537 |
2020 £ £ 1,539,525 688 200,549 (2,430) 198,807 1,738,332 1,665,013 73,319 1,738,832 |
|---|---|---|
In accordance with the engagement letter, we approve the financial information which comprises the Profit and Loss Account, the Balance Sheet and the related notes.
We acknowledge our responsibility for the financial information, and for providing Wilds Ltd with all information and explanations necessary for its compilation.
We give our authority for the financial information to be submitted to HM Revenue and Customs.
The financial information was approved by the partners on 25 October 2021.
.........................................
Dr F Maynard
Page 4
The Esther & Harry Grosberg Foundation
Notes to the Accounts for the Year Ended 5 April 2021
1. Tangible fixed assets
| Cost As at 6 April 2020 Revaluation As at 5 April 2021 Net book value As at 5 April 2021 As at 5 April 2020 2. Capital Account As at 6 April 2020 Revaluation in the year As at 5 April 2021 3. Current Account As at 6 April 2020 Surplus for the year As at 5 April 2021 |
James Halstead Group Plc 320,000 Ordinary Shares of 5p each £ 1,516,800 89,600 1,606,400 1,606,400 1,516,800 |
Wadworth & Co 9 1/2 % Cumulative Preference Shares of £1 each £ 22,725 (1,500) 21,225 21,225 22,725 |
Total £ 1,539,525 88,100 1,627,625 1,627,625 1,539,525 Total £ 1,665,013 88,100 1,753,113 Total £ 73,319 (895) 72,424 |
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