DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
STATEMENT OF UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2023
DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
CONTENTS
| Page | |
|---|---|
| Trustees' Annual Report | 1 |
| Accountants' Report | 2 |
| Profit and loss account | 3 |
| Donations list | 4 |
| Balance Sheet | 5 |
| Notes | 6 |
DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
TRUSTEES ANNUAL REPORT
REGISTERED CHARITY NUMBER 298331 CHARITY'S PRINCIPAL ADDRESS Regency House 45-53 Chorley New Road Bolton BL1 4QR TRUSTEES Jani Jacobson Adam Ilan Jacobson Sophie Harriet Jacobson Avi David Jacobson ACCOUNTANTS Cowgill Holloway LLP 4th Floor 5B The Parklands Midlebrook Bolton BL6 4SD
CHARITABLE OBJECTIVES
The charity was set up by a legacy. The objectives 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 £Nil to other registered charities, which falls within the objectives above.
The trustees have approved the accounts and trustees report above.
A D Jacobson TRUSTEE DATE 30/1/2024 | 2:48 PM GMT Page 1
DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
TRUSTEES' APPROVAL AND ACCOUNTANTS' REPORT
We report on the accounts of the Trust for the year ended 5th April 2023, which are set out on pages 3 to 6.
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:
▪ examine the accounts (under section 145 of the 2011 Charities Act)
▪ 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
▪ 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:
- (1) which gives us reasonable cause to believe that, in any material respect, the requirements:
▪ to keep accounting records in accordance with s130 of the 2011 Charities Act; and
▪ 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.
30/1/2024 | 3:44 PM GMT __ ___ Cowgill Holloway LLP Date Chartered Accountants 4th Floor 5B The Parklands Midlebrook Bolton BL6 4SD
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DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
PROFIT AND LOSS ACCOUNT for the year ended 5 April 2023
| Dividend from Investments Less: Bank compensation Bank Charges Management costs Legal and professional fees Accountancy Income surplus available for distribution Charitable distributions Transfer to income reserves |
£ £ 25,156 (500) 33 180 0 1,200 (913) 24,243 - 24,243 2023 |
£ £ 32,269 - 38 180 2,400 1,070 (3,688) 28,581 (27,435) 1,146 2022 |
|---|---|---|
Page 3
DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
CHARITABLE DONATIONS for the year ended 5 April 2023
| Action Against Cancer AGE UK Aleh Bnei Brith - Hillel Boys Town Jerusalem Children with Cancer Destination Florida FED - Deaf Minds Friends of Yad Sarah Israel Guide Dog Centre Jewish Day Jewish Representative Council Jnetics JNF Langdon Laniado UK Manchester Maccabbi Marie Curie Nat Childrens Deaf Society Norwood Ohr Meir Bracha SEED Southport Retirement Home Stand Church The Christie Charity THE FED The Freindship Circle University Chaplaincy Whitefield Hebrew Cong Whitefield WIZO WIZO WJR Yad Vashem UK |
2023 2022 - 1,500 - 200 - 300 - 100 - 500 - 150 - 100 - 13,000 - 200 - 50 - 300 - 100 - 300 - 200 - 100 - 1,000 - 500 - 70 - 250 - 1,000 - 1,000 - 100 - 100 - 20 - 500 - 1,085 - 500 - 2,500 - 1,000 - 10 - 150 - 250 - 300 - 27,435 |
|---|---|
Page 4
DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
BALANCE SHEET as at 5 April 2023
| Note Fixed assets Investments 1 Current assets Broker account Cash at bank Current liabilities Net current assets Net assets Represented by: Capital Account 2 Income Account 3 |
£ £ 612,538 (15) 133,940 (2,500) 131,425 743,963 646,150 97,813 743,963 2023 |
£ £ 756,138 341 109,341 (2,500) 107,182 863,320 789,750 73,570 863,320 2022 |
|---|---|---|
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 Cowgill Holloway LLP 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.
30/1/2024 | 2:48 PM GMT The financial information was approved by the partners on ….......................
A D Jacobson
Page 5
DocuSign Envelope ID: ABCF53BB-ACA9-4810-88BB-972BA896D5FA
The ALMA Foundation
Notes to the Accounts for the year ended 5 April 2023
| 1 Fixed Assets Investments Cost As at 6 April 2022 Revaluation Disposals As at 5 April 2023 2 Capital account As at 6 April 2022 Revaluation in year Transfer of assets to new charitable foundation As at 5 April 2023 3 Current account As at 6 April 2022 Surplus for year As at 5 April 2023 |
James Halstead Group Plc 320,000 Ordinary Shares of 5p each £ 745,600.00 (142,400.00) - 603,200.00 2023 £ 789,750 (143,601) - 646,150 73,570 24,243 97,813 |
Wadworth & Co 9 1/2% Cumulative Preference Shares of £1 each £ 10,538.00 (1,200.50) - 9,337.50 2022 £ 1,665,013 88,100 (1,011,438) 741,675 72,424 1,146 73,570 |
Total £ 756,138.00 (143,600.50) - 612,537.50 |
|---|---|---|---|
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