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** **Page 1** 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: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 **Page 2** 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**| |---|---| ||| **Page 3** 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**
**-**| Page 4 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** **Page 5** 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| ||||| **Page 6**