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 **Page 2** 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| |---|---|---|---| **Page 6**