Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
STATEMENT OF UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 5 APRIL 2024
Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
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: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
TRUSTEES ANNUAL REPORT
REGISTERED CHARITY NUMBER 298331 CHARITY'S PRINCIPAL ADDRESS Cowgills Limited 4th Floor 5B The Parklands Middlebrook Bolton BL6 4SD TRUSTEES Jani Jacobson Adam Ilan Jacobson Sophie Harriet Jacobson Avi David Jacobson ACCOUNTANTS Cowgills Limited 4th Floor 5B The Parklands Middlebrook 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 £14,786 to other registered charities, which falls within the objectives above.
RELATED PARTY TRANSACTIONS During the year the Trustees consulted with a company related to two of the Trustees to re-brand The ALMA Foundation and develop a new website to enable the foundation to be more easily discovered by charities or voluntary bodies eligible for grants. An amount of £42,510 was paid for this service.
The trustees have approved the accounts and trustees report above.
A D Jacobson 4/2/2025 | 5:23 PM GMT TRUSTEE DATE
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Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ALMA FOUNDATION
We report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2024.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
We report in respect of our examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners' statement
We have completed our examination. We can confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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 that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination.
We 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.
4/2/2025 | 6:01 PM GMT
__ ___ Cowgills Limited Date Chartered Accountants 4th Floor 5B The Parklands Middlebrook Bolton BL6 4SD
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Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
PROFIT AND LOSS ACCOUNT for the year ended 5 April 2024
| Dividend from Investments Less: Bank compensation Interest received Bank Charges Management costs Legal and professional fees Consultancy fees Accountancy Income surplus available for distribution Charitable distributions Transfer to income reserves |
£ £ £ £ 26,669 25,156 - (500) (44) - 29 33 180 180 600 - 42,510 - 1,200 1,200 (44,475) (913) (17,806) 24,243 (14,786) - (32,592) 24,243 2024 2023 |
|---|---|
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Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
CHARITABLE DONATIONS
for the year ended 5 April 2024
| AISH Hatorah UK (charity number 1069048) The Bury and Whitefield Jewish Primary School (charity number 1065748) Purple Heart Wishes (charity number 1171534) King David Schools (Manchester) (charity number 526631) Sleep Better Live Better Foundation (charity number NP295) Magen David Adom UK (charity number 1113409) Federation of Jewish Services (charity number 1117126) |
2024 2023 £ £ 1,000 - 1,000 - 50 - 4,000 - 2,500 - 5,000 - 1,236 - |
|---|---|
| 14,786 - |
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Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
BALANCE SHEET
as at 5 April 2024
| 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 |
£ £ £ £ 654,463 612,538 341 (15) 100,992 133,940 (2,500) (2,500) 98,833 131,425 753,296 743,963 688,074 646,150 65,222 97,813 753,296 743,963 2024 2023 |
£ £ £ £ 654,463 612,538 341 (15) 100,992 133,940 (2,500) (2,500) 98,833 131,425 753,296 743,963 688,074 646,150 65,222 97,813 753,296 743,963 2024 2023 |
|---|---|---|
| 743,963 | ||
| 646,150 97,813 |
||
| 743,963 |
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.
4/2/2025 | 5:23 PM GMT
The financial information was approved by the partners on ….......................
A D Jacobson
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Docusign Envelope ID: 6794FCDC-72EB-463E-98B2-5C4BAC09AEC6
The ALMA Foundation
Notes to the Accounts for the year ended 5 April 2024
| 1 Fixed Assets Investments Cost As at 6 April 2023 Revaluation Disposals As at 5 April 2024 2 Capital account As at 6 April 2023 Revaluation in year As at 5 April 2024 3 Current account As at 6 April 2023 Surplus for year As at 5 April 2024 |
James Halstead Group Plc 320,000 Ordinary Shares of 5p each £ 603,200.00 43,200.00 - 646,400.00 2024 £ 646,149 41,925 688,074 97,813 (32,591) 65,222 |
Wadworth & Co 9 1/2% Cumulative Preference Shares of £1 each £ 9,337.50 (1,275.00) - 8,062.50 2023 £ 789,750 (143,601) 646,149 73,570 24,243 97,813 |
Total £ 612,537.50 41,925.00 - |
|---|---|---|---|
| 654,462.50 | |||
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